Home ImprovementIf you’re getting ready to sell a house and you want to maximize your selling price, of course you’re going to want to make sure the house is in its best condition. On the other hand, unless you intend to spend years perfecting every minute detail, you’re also going to want to make efficient home improvements, such that you minimize time and energy while maximizing the effect your work will have on the house’s resale value. Here are five home improvements to increase the value of your REI (real estate investment) that you can probably do in just a few days without breaking the bank.

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Filed under Rehabbing, Selling Property, , , , , , .

 
 

07-22-14 - questionWhat a daunting thought of getting a Vacation Rental Marketing Plan started and how utterly boring and a waste of time.  Why do I think it’s a waste of time?   It’s  a waste of time because you probably don’t know anything about marketing,  or have a fuzzy idea about it, (as I did years ago ), you also probably don’t know where to start, and what will the end results be?  You’ll keep asking yourself……Is this the best use of my time?

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Filed under Real Estate Investing, Rental Property, , , , , , , , , , , , , , , , , , .

 
 

investing repair estimates money pitLook, we’re wholesalers, flippers for some in the real estate investing world.  And, 99% of the time, that means we’re also NOT carpenters or general contractors.  So, what do you do when a seller tells you the house needs minor cosmetic repairs, when it really needs to be leveled?

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Filed under Wholesaling, , , , , , .

 
 

real estate business taxesRecently chatting with some investors, I talked about a 30+ unit property that was already into a high 9.8% returns, however, we found out just the other day that the profits will actually be a tad more!   We will easily be into the double digits on this one.

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Filed under Asset Protection, Selling Property, , , , , , , , , , , , .

 
 

LLC  operating agreement real estate investingAn LLC operating agreement template lets you write your own LLC operating agreement. The operating agreement is a fundamental part of your company’s legal protection, yet many small businesses don’t have one. If they do have one, it is often only a 5-page token effort. What difference does that make? Articles of organization are not meant to just hang in the file cabinet. They need to be maintained and followed in the operation of the company to ensure that they work to protect both your company and personal assets from a lawsuit on either side. It is because of this that bigger really is better. A longer document can cover more exigencies (possibilities) and therefore offer more protection.

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Filed under Asset Protection, Business Incorporation, , , , , , , , , .

 
 

Panama-property-search real estate investingYou many be on the look out for great affordable international real estate deals. During my Panama property search, I checked out some Pacific beach communities en route. My first stop was Chitre. So here are my findings that will be helpful for you real estate investors:

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Filed under International Investing, , , , , , , , , , , , , , , .

 
 

So here is how my first encounter with a seller panned out. making a real estate offer I explained how I found the property in Finding Your First Property. Lets start out with what happened after sending out a hand written real estate marketing letter to the owner of a potential investment property.

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Filed under Getting Started in Real Estate, Motivated Sellers, , , , , , , , , .

 
 

subject to deal gone wrongOne of the most important lessons I learned from the book The Richest Man in Babylon – was the lesson that you must always keep your promise. This also means that before you make a promise, you must be in a position to keep your word no matter what happens. In my previous post about an investor’s Subject-To Deal - he made a promise to the seller when he set-up the deal to continue to pay his mortgage. In real estate, stuff happens all the time. It happened to the investor in Austin, TX I wrote about.

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Filed under Owner Finance, Subject To, , , , , , , , , , .

 
 

07-09-14 - mobile homes1Welcome back,

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Filed under Creative Real Estate Investing, Mobile Home Investing, , , , , , , , , , , , , , , .

 
 

mortgage down payments real estate investingI found this informative article on Financing for new real estate investors and first time home buyers that does a great job at explaining typical mortgage down payments on Mortgage101.com. Here is the share:

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Filed under Financing, Real Estate Investing, , , , , , , , , .