Consider these parameters for a real estate deal: Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500 If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs). So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then: If I offered to give you this deal in
Whether you are BRAND NEW to real estate investing or an expert in the game, it's critical that you understand these 7 Simple Steps to real estate investing.
First things first... Real Estate is NOT a get rich quick scheme. However, if you learn the foundations and put them into practice, you will make more than enough money to realize any and all of your dreams and goals. The real estate bubble is not going to burst! The real estate market will, however, shift and the rea
If you been in the real estate investing business, or more specifically been flipping real estate, for more than a few days, you've inevitably gotten an email that reads something like this: "Investor's Dream. This property will go QUICK. Property Address: 1234 Main Street
Asking Price: $100,000 (Add or subtract zeros!)
After Repair Value: $150,000
Details: Needs paint, carpet, tile, new kitchen, update bathroom, some roof damage.
Stock market investors often brag about 15% or 20% returns. They hope to turn a $5,000 investment into $5,750 or maybe $6,000. By contrast, a good real estate investor can turn $5,000 into $20,000 – a 400% return! That’s a lot better, but a great real estate investor can make $20,000 on the same property using only $500 of his own money. The name of the game is not how much money you make, but how little of your own money you need to use in order to make it. Leverage is the K
Do you think that this is something that you should approach on a casual basis or something that you should treat as a career? Or are you confused about real estate investing and just want to stay put, living from paycheck to paycheck? If you are like most people, the answer is the third option. You find real estate confusing and although you are not content to 'just get by' on the job that you currently have, you do not have the knowledge or the guts to give real estate inve
We’re being inundated by increasingly negative economic news that has more and more people circling their financial wagons and hoping that they’ll live to see tomorrow. In the midst of a sea of negativity lies a hidden nugget of truth: It really is possible to successfully invest during one of the worst financial catastrophes in history. These secrets are like the nose on your face. They’re so painfully obvious that they’re easy to overlook. It just takes a little common sens
Real estate investing is easy. That's what all those tv reality shows would have you believe. But in reality, real estate investing is risky business. And like most investments, the riskier, the higher the return. It's true that the returns on investment are incredible for the savvy real estate investor. If you do your homework properly, a little cash and some sweat will buy you a property that can be flipped for a healthy profit. However, there are many that have lost lots o