Property Flipping: The Good, the Bad and the Ugly

Posted on: January 21, 2011

Categories: Buy, Fix, How To Sell, Investors, Profit, Residential House

Author: lbuen

Property Flipping – The Good

These days, the term “property flipping” or “house flipping” carries illegal or fraudulent undertones. It used to just innocently mean buying a property or house below market value or at a discounted price from a motivated seller and selling it quickly with little to no renovations done on the property, thus, quickly generating profit. This real estate game plan includes wholesaling, contract assignment and fix and flip schemes. Property flipping is a good starting point for real estate investors as they can generate quick cash using this strategy with little to no money required.

Property Flipping – The Bad and the Ugly

Then unscrupulous and greedy individuals enter into the already topsy-turvy realm of the real estate market and sullied the innocence of the term through their twisted schemes. They buy a… Read the rest

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Speed-Up Retirement Fund Growth Using Self Directed Real Estate IRA’s

Posted on: January 20, 2011

Categories: Buy, Ideas, Investors, Other Articles, Profit

Author: lbuen

With the tremendous earning potential in real estate investing and the velocity of money with which one can rake in earnings doing this business, financial freedom and early retirement could just be on the horizon for many successful real estate investors. If you are one of them, then perhaps, the forecast that Social Security may no longer be able to pay full benefits in the years to come as it is about to run a negative cash flow by the year 2017 is none of your concern. It may not even matter to you if you cannot yet avail of tax-free distributions from your IRA. However, a savvy real estate investor like you can make use of your expertise to accelerate the growth of your IRA. This is through self directed real estate IRA’s.

Self directed IRA’s are a… Read the rest

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Crossing Over From Real Estate Investing To Private Money Lending

Posted on: January 19, 2011

Categories: Investors, Other Articles, Profit

Author: lbuen

Why Try Private Money Lending?

To Extinguish an Impending Burnout. While you push your way in the real estate investing arena, do you sometimes wish you could slow down and slack off from the frenzy of scouring for handyman specials, hammering away rehabs and hawking your wares? Were there times you wish you can just call for a time-out, watch the game from the sidelines and hand out water to the thirsty players? If you are feeling this way, why not consider crossing over to the other side and try your hand at private money lending.

To Satiate Curiosity and Spur Growth. Let’s say you have considerable amount of capitalization as a successful real estate investor who has been around the block for some time.You have stabilized your finances after several flips… Read the rest

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4 Things You Must Prepare Before Diving Into Bulk REO Packages

Posted on: January 18, 2011

Categories: Buy, Investors

Author: lbuen

Foreclosures Drowns Banks With Unwanted Assets

The turbulent waves of foreclosures continue to wash out distressed home owners who are unable to keep their finances afloat. As these combers ebb, their backwash brings back to shore hordes of homeless families for the government to look after and piles of foreclosed properties for the banks and developers to deal with. Unlike a seashell collector who may not mind the extra weight of the pieces she gathers from the shore, these institutions do not enjoy collecting these foreclosed properties as loads of them cause an imbalance to their financial statements.

Bulk REO Packages – Banks’ Life Jacket, Nourishment to RE Investors’ Pocket

That is why they have come up with bulk REO packages or groups of “real estate owned” by the bank that are greatly discounted for bulk purchases so that banks… Read the rest

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Why Should Real Estate Investors Join Real Estate Investment Clubs?

Posted on: January 17, 2011

Categories: Investors, Other Articles

Author: lbuen

Real estate investing is no walk in the park, much less when a newbie operates all by himself. If you are just starting out, you would most likely love to have someone who can answer all your questions about real estate investing, give useful how-to tips and provide a little push to prod you to continue looking for great deals when your initial efforts turn out unfruitful. Looking for great buys, ready buyers, and willing investors is hard work if your not connected. If only you could stumble upon a magic lamp you could rub to bring out a genie who could make your real estate investing life easier.

Presto! Real estate investment clubs are the genie to your wishes. When you attend or join one of these clubs, you do not get to rub an old Arabian lamp, but… Read the rest

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Why Should a Real Estate Investor Not Be Content With Just Wholesaling?

Posted on: January 13, 2011

Categories: Buy, Investors, Other Articles

Author: lbuen

In psychology, the capacity to delay gratification is a manifestation of emotional maturity. This was demonstrated in a study where most younger children opted to immediately get the small candy rather than wait for a bigger one later. This may also be apparent in real estate investing, but the maturity in question is, to a greater extent, financial rather than emotional.

If you have been around the block buying, fixing and selling or renting out properties then chances are, you would carry a “Been there, done that!” stance when the discussion of wholesaling is broached. And most likely, flipping is where it all began for you.

For most newbies in the business, wholesaling opens the doorway to real estate investing because it allows one to quickly make profits, as in the small but readily available candy, even with little to… Read the rest

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4 Great Reasons Why REIs Must Do A Green Rehab

Posted on: January 12, 2011

Categories: Fix, Ideas, Investors, Property Management, Things To Consider

Author: lbuen

Image by lawtonchiles via Flickr

With the growing social awareness of the need to care for the environment, emphasizing the importance of  green living to parry climate change, every rehabber may have toyed the idea of doing a green rehab. So what’s holding you back from jumping on the green bandwagon?

While you think of some excuses why you cannot get involved in green rehab, here is a list of why you should:

1. Let’s Begin With the Obvious: Green Rehab to Help Minimize Climate Change

It is the conscientious thing to do. Since this opens up to a larger topic, and perhaps may spark several arguments, let me leave it to Greenpeace and other tree huggers to expound on it.

2. Do Green Rehab to Cash In on the Growing But Untapped Green Market

The… Read the rest

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6 Things To Do Before Participating in Foreclosure Auctions

Posted on: January 11, 2011

Categories: Buy, Investors

Author: lbuen

6 Things To Do Before Participating in Foreclosure Auctions

Foreclosure auctions are a treasure trove of lucrative deals to real estate investors for they are rich sources of handyman specials. However, before embarking on this treasure hunt of bargains, doing one’s homework is essential to come prepared, ensure that you make a killing and avoid walking into a trap of losses.

The first thing you have to do is secure a “bidder’s package” which contains useful information including the particulars on the auctioned properties such as property description, a report on the title, survey and financial data.
Decide on which property or properties you are going to bid on in advance and get to know it. Drive by the selected property to give you a picture of its condition so that you can estimate the needed repairs. Hiring professionals for assessing the property and estimating repair costs

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Where to Source Your Rehab Funding

Posted on: January 10, 2011

Categories: Buy, Fix, Investors, Property Management, Things To Consider

Author: lbuen

Avalanche of Money Lenders Replaces Customary Lunch with Private Investors

Luncheons with a coterie of investors with deep pockets used to be the avenue that lead real estate investors to the Land of Ready Cash. Today, however, more and more private lending companies are purveying rehab loans to rehabbers and real estate investors who want to renovate their rental properties. The government is also offering rehab funding with terms and conditions varying from city to city.

A real estate investor does not have to go far to look for a rehab loan. Skipping the need for leafing through the menu of the restaurant where private investors’ money were used to be raised, a cash-hungry real estate investor can instead browse the Internet for a list of lenders for this kind of loan. For the newbie, however, selecting the lenders… Read the rest

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Some Hard Facts You Must Know About Hard Money Lenders

Posted on: January 9, 2011

Categories: Buy, Investors, Things To Consider

Author: lbuen

Some Hard Facts You Must Know About Hard Money Lenders

If banks are your only source of funding for your real estate deals, then you must be moving slow and missing on great real estate deals. A fledgling real estate investor may do well if he includes in his network a number of hard money lenders. These are private lenders, who could be private individuals or lending companies, who provide short-term loans to fund real estate deals. The loan amount granted will depend on the value of the property in question, which is also put up as collateral. Despite their appellation, they can, in several ways, make a real estate investor’s life easy.

Hard Money Lenders for the Fast and the Serious

In real estate investing, it pays to move fast. And the fuel to your speed is liquidity. If cash is at your fingertips, you can attract great… Read the rest

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