Buy 1 House

The Home Warranty Doctor Is In!

admin — Mon, 15 Mar 2010 06:22:07 +0000

The Home Warranty Doctor Is In!
Would you go to your real estate agent for advice on the stock market? Probably not. While your real estate agent does help you with a different kind of investment ? your home ? that doesn?t make them automatically qualified to give you advice on the latest IPO from Wall Street. When you want good information you go to the authority. You go to the expert on the topic! Want investment information? See an investment specialist. Got a cough and fever? See a doctor. Want to buy a car? Go to the dealership. But when you?re looking around at many choices, which is the right one to choose? Which one, among your many choices, is the authority on the information you want? In the home warranty industry it?s hard to tell. You type in ?home warranty? in a search engine and several companies come up. Who do you choose? Which one will tell you the information you need to make good decisions? and which ones will try to sell you something you don?t need? Here are a few ways to help you discover which home warranty company is the authority on the home warranty industry. Search for home warranty websites and compare them. What do you notice? Many home warranty companies try to ?straddle the fence? and cater to their paying customers AND their service providers AND realtors all at the same time. When push comes to shove, how much of their time are they going to spend on you? (Hint: if only one-third of their website is spent on you there?s a good chance that only one-third of their attention is focused on you). How can a home warranty provider be an authority in the industry when they?re so busy trying to be all things to all people? Most home warranty companies tell you what kind of policy you should have. They?ll tell you that you need all your ceiling fans covered? even if you don?t own any ceiling fans. And they?ll make you pay for them. How can a home warranty provider be an authority in the industry when you?re the expert on your home? but they?re telling you what should be covered?!? How many home warranty companies provide you with unbiased industry analysis in the form of reports, RSS feeds, and whitepapers to help guide you through the decision-making process? A site that does that is an authoritative site. Met Home Warranty provides homeowners, home buyers, and home sellers with more than just home warranties. Through their authoritative site they provide industry information with current technology, an innovative Design-A-Plan system that caters to your specific needs, and a downloadable PDF whitepaper to help you understand everything you need to know about a home warranty. So for a new home, go to a real estate agent. For a home warranty, go the industry-leading authority: Met Home Warranty. The home warranty doctor is in! Aaron Hoos writes for Met Home Warranty. Met Home Warranty is an industry-leading authority on home warranties for home owners, home buyers, and home sellers. Their website, www.methomewarranty.com, provides information, resources, and a whitepaper.
Source: www.ArticlePros.com

The Purpose of E-Renter.com

admin — Sun, 14 Mar 2010 07:04:14 +0000

The Purpose of E-Renter.com
The purpose of E-Renter.com is to provide our clients with technology based factual data and information. Make use of our services to order and access credit reports as part of your tenant screening procedure because chances are that if your prospective tenant fails to pay others on time, they may fail to pay you as well. Avoid risky prospects, avoid problems and reduce loss. With E-Renter.com find out what your tenants financial status is before you hand over the keys to your property. Financial problems faced by certain applicants make them unsuitable as tenants. Avoid giving away your house keys based on a decision triggered by incomplete or falsified information. Our easy to read credit reports help you avoid potential liabilities, costly evictions and lost rental income. We at E-Renter.com assist you in discovering whether your prospective tenants pay their bills on time, are facing any kind of financial difficulties or have any collections or bankruptcies filed against them. Let us help you make an informed decision. Our credit reports include the following:- FICO score Payment Patterns, Monthly Payments Aliases and Accounts balance Reported Employment/ employment verification information. Credit Limits and available Credit Items in Collection Trade Lines Inquiries SSN Match Bankruptcies, liens, Judgments All of the above present to you a current and objective picture of the financial obligations and handling capabilities of your future tenant. Get all this information at E-Renter.com and be on your guard to avoid potential fraudulent tenants. To know more about tenant screening, please visit our website http://www.e-renter.comE-Renter USA Ltd is a Consumer Reporting Agency with access to the Experian, Equifax and TransUnion Databases. We have 24/7 online direct access to consumer and business credit files as well as numerous other databases relating to credit, criminal, eviction, driving records, property deed records, assessor records etc.
Source: www.ArticlePros.com

The Home Warranty Doctor Is In!

admin — Sat, 13 Mar 2010 07:46:14 +0000

Shipping Container Houses:
Shipping Container Homes: The Economical Choice Shipping container homes make sense from so many standpoints. Most importantly, it’s a cost-saving solution. A container home in St. Paul, Minnesota at 1800 sq. ft. cost $133 per sq. ft. to build. A container home in Redondo Beach, California cost $180 per sq. ft. to build. A cost of $150 per sq. ft. for a container home is not uncommon. These prices are for homes that have many custom design features at tract home prices. One of the first shipping container homes in America was a house built in a blighted North Charleston, SC neighborhood in 2004 with the help of North Charleston and U.S. Housing and Urban Development funds. This project was seen as a prototype for renovating poorer neighborhoods. If container homes can be an economical way of building in the U.S., think of the potential for shipping container homes in developing countries. The non-profit, Global Peace Containers, is building schools and other structures out of shipping containers in Jamaica. The organization’s mission is: “1. To provide the organization and process to respond properly to situations where there are clearly established needs for low-cost, emergency, transitional or permanent housing and community buildings. 2. To instruct and empower the people to undertake the conversion of international shipping containers to meet those needs, and in so doing, develop their own capacities to help themselves in times of emergency and improve their economic condition.” (See GlobalPeaceContainers at Firmitas.org.) Global Peace Containers finds that these buildings can be put up in a matter of days with unskilled and semi-skilled labor, using equipment readily available in developing countries, and with recycled materials such as used shipping containers and scrap sheet metal. In Jamaica, like other developing countries, a building as large as a school made of containers costs around $12,000. Several architects have developed easily transportable emergency housing out of shipping containers. These temporary shipping container homes can be deployed quickly and in large numbers to house refugees and victims of natural disasters. See the information at Firmitas.org about FutureShack. Whether the rationale for building an economical home is to provide temporary housing to refugees and the homeless, to build affordable housing for people who could not otherwise afford a home, allow a homeowner to upgrade to designer quality at tract home costs, or to help middle class homeowners afford a home in an expensive area shipping container homes are an economical answer.Mike Sanders has written for Shipping-Container-Housing.com since 2004.
Source: www.ArticlePros.com

Selling Your Own Home In A Tough Real Estate Market - Five Tips

admin — Fri, 12 Mar 2010 11:30:03 +0000

Selling Your Own Home In A Tough Real Estate Market - Five Tips
If you are in a tough real estate market and are looking to sell your home quickly, you might want to consider doing a For Sale By Owner. My wife and I recently bought a new house and after trying unsuccessfully to sell our existing house through a real estate agent for several months decided to try For Sale by Owner. We found a buyer within four days and closed on the house three weeks later. However, through our experience we discovered a few things. Here are a few tips if you are considering a FSBO in a less than ideal real estate market. 1. Consider paying to have your home placed in the MLS. There are several companies out there that will do this for a few hundred dollars. With sales down, real estate agents are desperate to earn a commission. By putting the house in the MLS you are agreeing that if an agent brings a buyer to you that you will pay the agent their part of the commission (you still save the listing agents commission). If you can sell the house on your own with no agent then you won’t have to pay an agent. However, in a tough market you want as many possible eyes on your property as possible. 2. Get the word out to as many places as possible about your house. One of the best places to do this is on the internet. There are dozens of free websites that will allow you to post your house for free. Consider starting with craigslist since it has so much traffic and then spread out to the other sites on the net. It will probably take you an entire evening to get the house posted on all the sites and you will want to keep a spreadsheet with your usernames and passwords so that you can go back later and remove the listing once the house sells. 3. Design a professional looking flyer and put out for sale by owner signs and a flyer box. If you aren’t the artistic type and don’t know that much about designing things like flyers consider a site like vflyer which will give you templates for designing a flyer. Take some good pictures of the house with your digital camera and put them on the flyer. If you use Vflyer or a program like it you can probably use the same template to post the house to craigslist and ebay (if you decide to pay for a listing). 4. Be creative. When we put our house on the market we ordered an eight foot full color printed banner to put on our fence. Our house backed to a major street and we were able to get some major exposure from the banner. I have heard of people offering free vacations, big screen tvs, cash bonus’ to the listing agent and even a free car. I have also heard of people giving away a cool prize at their open house. These things can help get your house noticed which is the first step to getting it sold. 5. Make sure that your price is competitive. Consider using the money that you are saving on real estate commissions to cut the price of your house so that it is more competitive. In tough markets it is going to be very important that your house isn’t priced too high or people will find another option. In our area there were a ton of houses on the market and most of the houses that were selling were 5% or more undervalued. If that is what it takes you might need to swallow hard and cut the price of your house. Of course all of these things are just suggestions. Still, when things get tough and you need to sell your house these could be an option for you. They worked for us.Jeff McRitchie is the director of marketing for MyBinding.com and lives in Hillsboro, Oregon. He writes extensively on topics related to Binding Machines, Binding Supplies, Report Covers, Binders, Index Tabs, Laminators, Laminating Pouches, Roll Film, Shredders, and Paper Handling Equipment.
Source: www.ArticlePros.com

Real Estate Investing and Goal Setting
What is the primary reason for success most people have that seems to elude unsuccessful people? Goal setting is the primary reason for success. Lack of proper planning is the number one reason for failure. Proper goal setting involves setting a business plan in place for your life. Too many people this doesn t sound fun or sounds tedious. In practice though, goal setters have more time freedom, more money, and more success in all areas of their lives than those who don t. Well it s no different with real estate investing. Real Estate Investing must be treated as a business and it requires planning that anyone can do. Much like an airplane pilot who goes through a pre-flight checklist, the real estate investor must go through many steps for every real estate deal. You must market to find the deal, do your research on the property to establish a value, have your contracts ready, make your offer, schedule a closing, have title work done, prepare your financing, get property insurance, etc. The reason the doers make money is because so many people aren t ready to make money. Real estate investing seems like pie in the sky until you put your plan down on paper and it starts to crystallize. The planning process itself should give you renewed energy. Before I daily setup my plan I didn t want to get out of bed each day, but now I get up ready to work on knocking out my plan every day. Set your plan up into baby steps that you can review and knock out every single day. Your daily plan must include marketing to get motivated sellers to contact you. Regardless of the deals you have in the works, if your marketing stops, you will go through long dry spells. Even with consistent marketing you will have periods with few leads and periods where you are just swamped with sellers offering you great deals. Constant daily review of your goals is critical. This is why so many suggest taping your goals on your bathroom mirror so you see it when you wake up and again before you go to bed. You can even buy giant poster sized post it notes that you can write your goals on and stick them on your wall. Reviewing your goals before going to sleep at night causes your brain to dream about your goals and program them into memory. So put your goals down on paper and start putting your real estate investing plan into action.David Neese is a real estate investing author who offers a free course for real estate investors delivered by email, audio and Tele-seminar which you can get for free at:http://www.FreeRealEstateInvestingCourses.com You can find more information about David at http://www.DigitalSuccessCoach.com
Source: www.ArticlePros.com

New real estate online marketing platform revolutionizes internet property search
There’s no question that real estate marketing has definitely shifted ground. In years past, the primary choice for selling property was overwhelmingly traditional advertising. Online advertising, however, has supplanted the printed media in a big way. It’s estimated that at least four out of five of those searching property listings are now beginning their search on the internet. As a matter of fact, it’s projected that three billion dollars will be spent on online real estate marketing by the year 2010. At the same time, it’s also essential to differentiate yourself in this incredibly competitive market and industry. The financial turmoil, facing us today has created many challenges— and those marketing property of any kind must find new, cost-efficient ways that deliver recognizable results to successfully market real estate With all that in mind, Locally Located.com has created an entirely new online business model for posting any type of real estate listing — at a price anyone could live with free. Locally Located.com’s revolutionary new online marketing platform applies the popular online Pay-Per-Click (PPC) business model to selling real estate. That means anyone is welcome to post real estate listings at no cost — the advertiser only gets charged when a potential online buyer clicks on their listing to open it and examine it in detail. The end result? The advertiser only has to pay for serious customers interested in looking over a specific property listing. And that’s well worth the minor PPC fees to those who want to most effectively use their marketing dollars. The ground-breaking PPC marketing concept was introduced in 1998 and was mostly utilized by businesses looking to gain the maximum amount of customers in the most cost effective way —while obtaining the greatest possible ROI (Return On Investment). With Locally Located.com’s innovative new use of PPC, real estate advertisers can finally take part in the most popular online selling practice in existence today — which is expected to gross over 3.7 billion dollars in revenue by the end of 2009. Just like most PPC advertising systems, Locally Located.com gives the advertiser complete control over the number of clicks they want to pay for, the length of time they want the listing posted for, and the budget they want to spend. All of these parameters, of course, can be adjusted as need be, after the listing is posted. Advertisers will also be able to control how often they would like to receive account updates, which will allow the user to thoroughly test their marketing efforts. Unlike most traditional PPC systems, however, Locally Located.com does NOT force the real estate advertiser to bid against other advertisers worldwide for the best placements. The playing field is level — and the PPC charge is equal for everyone, not driven up by big business wanting to squeeze the most money out of the small advertiser. Another overwhelming advantage to LocallyLocated.com is that the site will post any type of real estate listing — making it a hub or “one-stop shop” for any potential property prospects, and anyone seeking information on a specific geographic area of interest to them . LocallyLocated.com is also committed to being more than a traditional real estate search site. To attract a steady stream of traffic consisting of potential property buyers, the site will be filled with enhanced targeted real estate content — including news article’s, blogs and forums. This content will utilize the latest Search Engine Optimization (SEO) techniques, ensuring the site high search engine result rankings, which will bring about exposure to the greatest amount of online users interested in real estate and all the supplemental information they would need to make an informed decision . Local Search will also be an important and integral part of Locally Located.com. Local search is now a close second to email as the most utilized function of the internet. By enabling specific geographic guidelines, Locally Located.com will be able to further target buyers on the lookout for property in specific areas with the assistance of satellite and map views, and many more free tools to assist its users in making the most informed decisions. Local Searches are growing three times as fast as other kinds of online searches, as more and more people use the internet instead of print and other traditional media to find and research information on nearby neighborhoods. Obviously, this category includes real estate — a category that Locally Located.com is strategically positioned to heavily influence with its innovative new approach to real estate marketing. Internet marketing has come of age — and Locally Located.com is determined to bring online real estate advertising up to speed in the most cutting-edge and cost-effective way possible. For our residential Real Estate agent advertisers, we go the extra mile. When you list a residence with Locally Located.com we will in turn list the home on many of the nations largest Real Estate search engines, giving your property unparalleled exposure and the attention it deserves. Instead of just listing your home you are now utilizing a professional, and testable, marketing vehicle for the most minimal cost possible.Locally Located.com is determined to bring online real estate advertising up to speed in the most cutting-edge and cost-effective way possible. For more information, please visit the website online at www.locallylocated.com.

Source: www.ArticlePros.com

New real estate online marketing platform revolutionizes internet property search

admin — Thu, 11 Mar 2010 13:50:02 +0000

New real estate online marketing platform revolutionizes internet property search

admin — Wed, 10 Mar 2010 15:00:16 +0000

New real estate online marketing platform revolutionizes internet property search

admin — Tue, 09 Mar 2010 19:46:06 +0000

Orlando Vacation Villas — Comfortable, Luxurious and Cost Effective
Orlando is a holiday paradise for tourists and it’s a fact that it is a paradise as there are many attractions which attracts tourists towards it, for instance Disney land. If you are planning to visit Orlando with your family then you will surely enjoy it, but if you would like to get most out of your holiday and wants to stay within your budget then you have think where you are going to stay. Most of the time when you plan your vacation that means that you are going to stay at hotel but in case of Orlando, you have plenty of options where you can stay. You will find lots of hotels and resorts as well in Orlando but they are more expensive and offer limited services as per your budget. But if you rent a villa you will get more facilities at low prices. They are well equipped with contemporary facilities such as well equipped kitchen with breakfast and dinning area, TV, queen size bed, DVD player, games equipment, etc. You will get more space than any hotel or resort rooms. You can rent a villa as per your needs. Their prices are superlatively low for example $160 for four bedroom villa with luxurious and modern facilities for one day. It sounds quite surprising and unbelievable as well to get luxurious accommodation only at $160. There are plenty of luxurious hotels in Orlando, but no doubt that there is no match with vacation rentals especially when we talk of spaciousness in accommodation. You have entire house or villa instead of ramming in one or two rooms in luxury hotels. Now, take a view on comfort. The Orlando vacation rentals are fully furnished with modern furniture and kitchen are fully equipped. You will get fully furnished villa, well-equipped kitchen, entertainment resources, etc. Villas are also fully air conditioned and have swimming pool as well in order to enjoy the vacation. Other key benefit of villa is that you will get the garage to park the vehicle. Exclusive vacation villa is offers Vacation Home in Orlando at most competitive price. If you are planning to visit Orlando then contact exclusive vacation villa for Orlando vacation home rentals.To get more information on Orlando villas, Orlando vacation rentals, Orlando Villas to Rent Log on to the website http://www.exclusivevacationvillas.com
Source: www.ArticlePros.com

How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing

admin — Mon, 08 Mar 2010 19:48:00 +0000

How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing
Today we are discussing a somewhat advanced strategy for you to use after you have been in the creative real estate investing business for a while. I call this Rehab, Refinance, and Cash Out . This strategy can lead to true long term wealth and financial independence. This works very well in a buyers market like Memphis where prices have been quite flat for some time. You need to use this to augment your wholesaling for immediate income and retailing for bigger short term profits. Rehab, Refinance and Cash Out is a long term wealth building strategy and will be something you will be glad you did as it is a long term buy and hold strategy, and those are the strategies that lead to true wealth accumulation and financial independence. Let me explain how this works. You find a good middle to low end 3 bedroom home that you are able to buy from an out of state owner or other motivated seller that needs a little work and you buy at 60% of after repaired value. You buy the house using a hard money lender like http://www.pleaseclose.com/memphistrading and do your fix up and have a property management firm manage the property and put a renter in the house. The hard money lender will typically loan you up to 65% of the after repaired value to purchase the house which you use to buy the house and then repair it. Now that the home is repaired you obtain an investor friendly mortgage and cash out by refinancing at 80-90% of after repaired retail value and you should be doing this with properties where this strategy gives you back at least $10,000 at the refinance that you can use in your business any way you need. Do not use this money to live on, use it solely to grow your real estate business. Once you have done this strategy on 10 homes you should be able to keep finding better and better deals because you can close quickly as you have cash in hand to make things happen. More cash equals better deals and more opportunities. By the time you repeat this strategy 20 times you should have at least $200,000 cash plus about $200,000 equity and 20 homes giving you at least $2000 per month positive cash flow whether you decide to work this month or not since you have a property management company handling things for you. With average annual rent increases, within five years that $2,000 a month should grow to $4,000 a month. In 30 years you should have $2 to 3 million plus in paid off real estate. It s a good solid long term strategy to add to your immediate selling from wholesaling, retailing and lease options that the extra $200,000 in cash will help grow tremendously. The rent minus the management fees and all loan and other costs must leave you with positive cash flow or this strategy should be avoided. If you cannot cash out on the property I don t recommend holding it long term as you want to be able to use your best mortgages to cash out. You can purchase using http://www.pleaseclose.com/memphistrading if your Equifax credit score is above 550(which is bad credit) or you have a co-borrower who has an Equifax score over 550. A good investor friendly mortgage company will give you good rates if you are at 660 middle score or above and the very best rates if your middle score is 720 or above. Your first 10 investor mortgages in your name and 10 in your spouses name are the easiest to qualify and get the best deals. After those you really need a good investor mortgage company to work with. Take the time to find the real investor friendly mortgage companies that can help you get loans for 100 properties and not just the first ten and let them have the easy ones and the tougher ones. I do recommend having more than one good lender available though, but stick to the ones that specialize in investor loans. Find out from other investors who the most investor friendly mortgage companies are to use to refinance the repaired home. I do not advocate becoming a landlord as I do not believe this is a valuable usage of your time and energy. I highly recommend asking around and finding a good property management company that will charge you 10% or less to start out with and gradually lower that % as you add more and more properties. I feel this is an advanced strategy as you won t see any cash in your pocket from this strategy for 4-6 months after you find the deal which is a long time to work and not see any pay. If you are wholesaling and making consistent money each month then it shouldn t matter. This strategy will magnify the profits you make in your investing business in ways you might not have imagined. This strategy is a natural progression from wholesaling as you are already helping others find these kinds of deals, now you will be able to get the cash out typical of probably 2 wholesale deals, just paid slower, and at the same time building a nice future nest egg.David offers a free E-course on quick start strategies for getting started in real estate investing that is delivered free via email and tele-clinic at: http://www.FreeRealEstateInvestingCourses.com
Source: www.ArticlePros.com

Real Estate Investing and Goal Setting

admin — Sun, 07 Mar 2010 22:18:02 +0000

Is buy-to-let still a sound investment?

admin — Sun, 07 Mar 2010 03:15:56 +0000

Is buy-to-let still a sound investment?
With little movement of interest rates and continuing drops in house prices will buy-to-let now be an investment vehicle of the past? With buy-to-let lenders tightening up their lending criteria, house prices continuing to fall and the general lack of confidence caused by the Northern Rock crisis I believe that experienced investors will still continue to buy rental stock, banking on long term capital gains. However first time landlords or landlords with smaller portfolios are finding it harder to fund new rental stock. For the well placed landlord that has the correct gearing on their portfolio it is still a time to hunt for the next opportunity! There will always be risks involved in any business or investment. For example your investment can rise or fall in value and property is clearly no different. You therefore just need to ensure that you minimise potential risks. In the past I’ve used several methods to minimise risk to my own investment portfolio. These include: Ensure the mortgage is between 80% - 85% of the property’s value. Every time your mortgage is due for renewal try to release equity. This ensures that your rent covers your operating payments and expenses. Start building a fund by putting this money to one side. Therefore if you have sudden repair bills or a vacant property you have money to fall back on. Always keep your property well maintained. If the rental market in your area suddenly changes pace the up together properties will rent much quicker. Always ensure you have a tenancy agreement in place, as this will protect you any your property. Widen the range of tenants you agree to let your property to. You may find that council tenants are able to top up rent monies by their own means, giving you the rent you have always achieved. Areas which attracts students also attracts higher rents. Wear and tear may be slightly higher, but at least the monthly repayments are being met. When increasing your portfolio look for properties that can add to the overall yield of your whole portfolio, ensuring your investments stay balanced. For example try to buy property in disrepair. Once renovated your equity should have increased, which in turn would increase your property portfolio’s yield. More recently overseas property investment has become a trend with investors searching for the next property hotspot to invest in. Things to consider when looking for your next investment whether here or abroad include: How easy is it to get to the property? Can you keep an eye on the property if it remains empty for a period of time? Will the property be let for the whole year or is the property’s location Summer or Winter orientated? Can you easily maintain the property yourself saving you the cost of employing trades people or does the rental income provide enough cash to pay for unforeseen repairs? Will the property’s location ever fall out of fashion with your intended tenants? Remember holiday hotspots change very quickly! Always ensure your investment has a steady stream of visitors. Even if the U.K buy-to-let is not as buoyant as it has been over the past decade the vehicle for investment is still sound. Ensure you put time into researching your potential investment and prepare yourself for long term capital gains. The online-lettings portal will soon allow for holiday lettings to be uploaded ensuring where ever you or your property is located tenants can always be found.Benjamin Perry CEO of online-lettings.co.uk The Specialist lettings website where you can rent flats or buy a Tenancy Agreement
Source: www.ArticlePros.com