Most folks who are starting off in the real estate business would know that hard money lenders are often the best way by which one can obtain finance for a short term investment property. And if you are familiar with the terms ‘flip’ and ‘rehab’, you’d understand that capital that…
Real Estate
In a dog-eat-dog world, due diligence is crucial to a successful real estate business which involves investments. Very simply, the definition of due diligence is ‘the investment and verification of certain details of the investment’ in question. This can be done in several ways, and of course with some of…
In common parlance, any kind of reference to the word ‘syndicate’ would occur under hushed whispers and with a certain degree of awe for the criminal underworld. However, when it comes to real estate among other organizations, the connotation of the word used is for lack of a better word,…
Despite the assumptions that the litigation surrounding a trust is complicated and can be confusing to use, the concept is actually very simple and effective to create and use, and will give you more than one reason to make on one for yourself. One clue as to how a land…
Let’s say that you need a loan for some immediate need from a lender. Now the lender will obviously require collateral for the money being lent, and so the value of your house comes into question. This is where an appraisal takes place. Hence, a licensed appraiser (either an independent…
Over financing your property is much like a double edged sword. It can help you in some ways for the short-term but can also give you grief in the long term. Let’s say you have about $70,000 to pay off on a $ 200,000 property. Refinancing (or over financing) means…
Multi unit investing can put you on the fast lane to becoming wealthy in the real estate business. Very simply, multi-units are commonly referred to as apartments or flats that provide housing for a group of tenants who pay a mortgage on the property they have bought, as well as…
Over the last few years people have been experiencing tremendous value appreciation of their properties across the country. It has become a day-to-day event where we hear every other person narrate stories of their homes having appreciated in value. This is actually not true. Houses do not appreciate in value….
Flipping is a legal way of buying property and selling it as quickly as possible with a reasonable profit margin. There are some variants of flipping where it is illegal. Listed below are six legal and one illegal method of property flipping. Buy, Fix and Flip This method of flipping…
Here is a compilation of nine common characteristics of successful real estate investors. Have a Plan and stick to It Successful investors have a clear goal and a plan to reach that goal. Join an Investors Network Successful investors always have a mentor who has a wealth of information and…