With the depletion of available distressed homes on the market over the past two years, more investors are shifting to investing in multifamily properties and away from single-family homes, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of its members about their interactions with investors. C.A.R.’s 2015 Investor Survey found 21 percent of investors purchased in multifamily properties in the past year, up from 19 percent in 2014 and 14 percent in 2013. Ei
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
1.) Review Your Big Goals What is it that you are trying to achieve? $10,000 per month in passive cash flow?
To quit your job?
To flip 24 houses per year?
Wholesale 10 houses per month?
Like a GPS in your car dashboard guiding you toward your destination, write your goals down and hang them on your wall so you’ll be continually reminded of where you are headed and you’ll be sure to stay on the right track. 2.) Define Your “Why” Real estate is not easy, especially when you
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds California Congressmen Gary Miller (R-Brea) and seven other California congressional members for introducing legislation that calls for the Federal Housing Finance Agency (FHFA) to cease its plan to sell Fannie Mae-owned foreclosed homes in California to large investors. H.R. 5823, the “Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012,” prevents the FHFA from implementing an initiative to sell Fanni