Estate Blog

How to Properly Prepare Your Home to Attract the Perfect Buyer
It really does go without saying that you need to prepare your home when it comes to selling it Think about it this way; if you have two identical homes when it comes to the structure, design and amount of rooms, these houses may sell for two completely different prices; it really does depend on what you do to your property in order to make it sell

Why you must look to buy property in India now. Posted By : Charles King1
Now is the right time to invest in property in India. The effect of the collapse of real estate markets in a lot of advanced countries has been minimal in India, and India remains a strong investment destination. Whether it is commercial or residential property in India, you should take a look now.

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 Neese is a real estate investing author who offers a free course for real estate investors delivered by email, audio and teleseminar which you can get for free at: http://www.FreeRealEstateInvestingCourses.com You can find more information about David at http://www.DigitalSuccessCoach.com

The Top 5 Reasons to Use Real Estate Flyer Templates
In difficult real estate markets (such as today’s market), it’s crucial for agents to lean out their marketing costs, yet at the same time, improve their brand identity and become efficient and well-known as an agent.

One of the best ways to do this is by utilizing real estate flyer templates when creating marketing for their property listings.

Real estate flyer templates are pre-designed marketing flyers, which agents open in an editing program like Microsoft Publisher or Adobe Photoshop, insert their property’s photos and description, then save and print for use in open houses and for various marketing efforts.

Here are the top five advantages to using real estate flyer and brochure templates:

1. Unlimited Use — A successful top producing agent is constantly looking to promote their “just listed” or “just sold” listings.  What better way to create marketing material then to have your own flyer template?

As soon as you list a property, just load up the template, drop in the photos and description text, and you’re set.

Then, after you sell the property, simply load up the “just listed” template, change it to “just sold,” and change the price to the sale price.

Now you have an excellent marketing flyer that you can distribute to your farm area to gain credibility and show off your latest sale.

2. Consistent Brand Image — A key characteristic of a top producing agent is familiarity.  All of the top agent’s marketing material has a consistent design theme, a certain “look” that differentiates them from other agents in the area.

Agents that use plain flyers don’t create that signature brand image that the well known agents have.

Consistently using a specific high-quality flyer template that is unique can help prospects in your area associate that look with you and allow you to cultivate a strong and recognizable brand image.

3.  Lower Marketing Cost — Many agents invest large amounts of money each month for marketing services and programs only to end up not using them because they are just too complicated or time consuming.

Other agents end up hiring designers or marketing assistants to help them organize and implement their marketing campaigns, which is also very costly.

Using flyer templates, agents pay a one time upfront fee for the templates (often less than the price of one hour or work by a designer) and are able to use that template for the rest of their real estate career without incurring anymore design fees.

4.  Easy Printing — Printing can be a major source of headaches for an agent, especially if they are trying to do it all themselves.

Worrying about bleed lines, file formats, and document sizes is not an agent’s specialty.

The good thing about professionally created real estate templates is that the printing specifications are built into the template and are, therefore, already taken care of.

Simply update the template with new photos and text each time you use it, and send it off to your print shop (or your own printer).

By using the same template each time you print, you can get any print discrepancies taken care of the first time you use that template, then just save it and re-use it over and over again.

This helps you maintain consistent print settings which allows for easy and hassle free printing.

5. Fast Speed of Implementation — Another key characteristic of a top producer is speed.

Agents that consistently get new listing are fast with everything they do.

Many times these top producers have a team that they delegate marketing and administrative work to, which allows them to get more things done quicker.

If you don’t have your own team to help you, you can still match these top producers in speed by creating your own efficient marketing system using pre-made flyer templates.

Once you get a new listing, take the photos and load them into your brochure template, and get them printed.

Having a routine down can allow you to focus your efforts where it matters most and using professionally designed real estate flyer templates is a key component in becoming a successful and efficient top producing agent.

To download a professional real estate flyer template package, visit TurnKeyFlyers.com

Reuben Fine is the creator of TurnkeyFlyers.com, an online resource that helps real estate agents with their marketing by providing downloadable real estate flyer templates, easy-to-understand video tutorials, and useful sales and marketing articles.

Locating A Potential Investment Property To Flip
Locating a Potential Investment Property to Flip: Flipping houses has become progressively more popular Unfortunately, the sudden gain in popularity of the idea has caused a fair amount of competition among would be investors who are considering trying it out for the first time