Here is the typical scenario - especially for beginning real estate investors. The phone rings and you pick it up. It is a prospect with a house he wants to sell. You start giving him your pitch as to why he should do business with you. Unfortunately somewhere along the way the conversation just doesn’t [...]
You might not be aware of it but you are sitting on an untapped goldmine of potential real estate leads. This source is the local church bulletin or newsletter. Advertising in one is very inexpensive and new ones are handed out by the thousands at all the local churches in your community every week.
Church bulletins [...]
People move for a variety of reasons. Some need a bigger - or a smaller - apartment. Others want to be closer to work or to their favorite night spots. And others move because they have to.
The reason a person or family is changing apartments can make a huge difference in the quality of your [...]
Brands can be a very important factor in building your local real estate investing company. A brand, properly executed and marketed, forms an image in a person’s mind upon hearing the name. For instance, what do you think about when you think McDonalds? Sears? Olive Garden Restaurant? AAMCO?
You of course think of the products [...]
According to a report by RealtyTrac, residential foreclosures rose 27% in the first quarter of 2007 when compared with the fourth quarter of 2006. And they are 35% higher than a year earlier.
Nationwide, there were more than 430,000 foreclosure filings. This works out to one foreclosure for every 264 hourseholds nationally.
Nevada earned the distinction [...]
One of the most contentious points of a tenant leaving a rental situation is the issue of the security/damages deposit. Tenants, no matter how good or destructive, will always believe that they have left the apartment in as good a condition as when they moved in. [...]
There are many different types of mortgage brokers - traditional brokers concentrating on retail customers, hard money lenders and private lenders (who are usually not mortgage brokers but useful in certain situations.)
Choosing the right broker really depends on what you are trying to accomplish. Some examples [...]
Real estate is a local market but almost all the news reporting in the papers and on television treat real estate as a national market and talk about national trends. While it is good to know and follow national trends, in many cases the market conditions in your local market can be quite different than [...]
Remodeling magazine has released their annual costs vs value reports on home remodel projects. They have a total of 80 different city reports that can be purchased for less than $10 each for immediate download to your computer.
You can view a Sample Remodeling Report or Purchase a report for your city.
Each report covers a [...]
The one indisputable truth about real estate is that it is almost always a local market. While you will get a small number of people doing transactions from remote locations or moving across the country, the vast majority of transactions encountered in the day to day life of a real estate investor are local – [...]