Closing a Short Sale Takes Persistence
August 21, 2009 by admin
Filed under Short Sale
Buying a short sale property is a way to get a great deal in Real Estate while also helping a seller get out of a tight situation. Unfortunately, due to bank delays and regulations, short sales have also become a source of frustration for REALTORS® and their clients. With average closing times of six months, the [...]
What an Approved Short Sale Means
August 21, 2009 by admin
Filed under Short Sale
Agents these days are splashing the words approved short sale all over their short sale listings.
Getting a short sale approved is tricky business. You can be dealing with 2 lenders or one of the lenders might not agree to let the seller totally off the hook. The bank might not want to accept an offer [...]
Wholesaling vs Traditional Real Estate Investing
August 21, 2009 by admin
Filed under Wholesaling
Traditional Real Estate Investing
Before we get into wholesaling and what that is, let’s talk about traditional, or “old school” real estate investing. Traditional real estate investing involves buying a property and Holding it for long term appreciation and wealth building.
The buy and hold stratagy does still have it’s place within real [...]
Wholesaling 101
August 21, 2009 by admin
Filed under Wholesaling
Real estate wholesaling is simply finding a bargain property and passing it on to a bargain hunter. That bargain hunter will be an investor who will either purchase the property to resell it or purchase it to hold it for rental income.
Flipping is the most popular form of real estate wholesaling. Flipping means buying a [...]
4 Essential Reports You Need From Your Multifamily Property Manager
August 21, 2009 by admin
Filed under Multi-Family
Once you have a property manager in place to manage your multifamily property, you need to be able to track his or her performance. There are four reports that are essential to tracking a property manager’s performance. The information from these four reports will help you to evaluate the job that your manager is doing [...]
“Own Nothing, Control Everything” Strategy for Multifamily Properties
August 21, 2009 by admin
Filed under Multi-Family
Perhaps you are hesitant to get involved in Multifamily Property deals because you think that you have to own the property. You do not have to own the property. The important thing to keep in mind is to have control and access of the property. Let’s take a look at an example of how this [...]
