Would you like to make money in foreclosures, but you can’t figure out how to convince the bank to accept your offers? This free guide will show you how to:
Make one simple change to your purchase contract that will dramatically increase your acceptance rate
Calm the bank’s biggest fear with one simple but effective […]
Your first real estate investment is the hardest. There are so many available techniques and options that it’s easy to get overwhelmed and stop. I mean, consider the following (incomplete) list. Bank owned properties, short sales, motivated sellers, rental properties, lease options, VA foreclosures, apartment buildings, mobile home parks…
It’s theoretically possible for a beginning […]
Uncovering a house before it goes into foreclosure is like making friends. You have to push through scores of "average" people to find someone you like, usually looking in multiple places. For example, you might get to know people with similar interests, such as in your church group or at work. The more courageous people […]
Charlotte, NC (PRWEB) January 16, 2006 — Disabled real estate executive Jon Morrow has built a web site answering the most common questions people ask about real estate investing without lifting a finger… literally. Dictating through voice recognition software, he updates the site several times per week with answers to new questions that visitors submit.
Mr. […]
My, if this question isn’t controversial! You’ll find diehard believers in both camps. Many investors will tell you that assigning contracts is the only way for truly "creative" investors. Others swear that you need to buy the house and that assigning contracts is an outdated strategy. Who is right?
Like most unsolvable arguments, the truth is […]
Common wisdom says debt is bad and you should pay it off as quickly as possible. But the numbers don’t work. When you start to understand real estate investments and rates of return, you realize you can make more money by investing your money than paying off debts. Only, is that the right move?
The answer […]
Jack Canfield, the author of Success Principles and Chicken Soup for the Soul, likes to tell a story about a retired woman that’s dreaming of going back to college. She hesitates because it will take at least four years to finish, and by that time, she will be 69 years old. Jack finally persuaded her […]
Negative cash flow only makes sense in one case: you’ll make money at the sale. Not all landlords are in the long term holding business; you can profit from income-producing real estate investments in other ways too. Many investors are happy to have any income from their real estate investment, even if it’s negative. It […]
The magic number for every landlord in the universe is… $1423.42. Don’t believe me? Then I’ll give you the more truthful and less sarcastic answer: it’s completely relative. I can’t give you a concrete answer and neither can anyone else. Some real estate investment gurus will give you a formula and tell you to run […]
For some reason, everyone in the real estate investment industry seems to think that you need to be old to be successful. When a twentysomething walks into a bank and applies for a $500,000 loan, the loan officer will look at them funny. How can they trust someone so young with so much money? Sometimes, older […]