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	<title>First Real Estate</title>
	<link>http://www.1real-estate.org</link>
	<description></description>
	<pubDate>Wed, 10 Mar 2010 00:00:19 +0000</pubDate>
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		<title>Apartment Renting With Pets</title>
		<link>http://www.1real-estate.org/2010/03/09/apartment-renting-with-pets-8/</link>
		<comments>http://www.1real-estate.org/2010/03/09/apartment-renting-with-pets-8/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 00:00:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/09/apartment-renting-with-pets-8/</guid>
		<description><![CDATA[Apartment Renting With Pets    If you?re a pet owner who is considering a move to an apartment there are certain things you must be keep in mind. First, whether or not your pet will be accepted by most landlords depends primarily on the type, size and personality of your pet. Dogs: If [...]]]></description>
			<content:encoded><![CDATA[<p><b>Apartment Renting With Pets    </b><br />If you?re a pet owner who is considering a move to an apartment there are certain things you must be keep in mind. First, whether or not your pet will be accepted by most landlords depends primarily on the type, size and personality of your pet. Dogs: If you own a large dog, apartment living is probably not for you. Not only will accepting landlords be hard to find, but your dog will not be happy in the confined space of an apartment. A large dog needs room to exercise and play, neither of which is usually available in an apartment setting. If you plan to move to an apartment, make sure your dog is one that will adapt easily to this change in environment. Usually smaller, lap dogs are the best choice. However, even smaller dogs can cause problems. If your dog barks or whines a lot you may well find yourself at odds with the landlord, as well as with other tenants. Many times your dog only causes a disturbance because it?s lonely or bored. If you?re gone during the day, you can sometimes alleviate these problems by hiring a pet walker to come in and give your dog attention and exercise. You must also keep in mind that most apartment complexes have leash laws so you will have to accompany your dog each time it goes outside. Since most complexes don?t have areas where it?s safe for your dog to run free, this is as much a matter of your dog?s safety as it the protection of other tenants. Cats: Cats are the pets of choice for apartments. Most are not as socially oriented as dogs and are quite happy left on their own. As long as your cat has a nice spot to curl up and take a nap, space isn?t an issue. More than likely your pet is a house cat so frequent trips outside aren?t required. But you must realize that some landlords do not accept cats any more willingly than they do dogs. Some have a strict ?no pets? rule. If that?s the case, don?t consider renting there. If your pet is discovered you may be evicted and/or fined. Other Pets: ?Pocket pets? such as fish, birds, and reptiles usually don?t pose a problem when it comes to renting. However, you should still check with your prospective landlord to make sure. General Tips: Landlords who do accept pets often require a pet deposit. This is intended to cover any damage your dog or cat does to the premises, as well as additional cleaning that may be necessary when you leave the apartment. If you?re searching for apartments that accept pets, there are many places to go for help. You?ll find lots of websites and message boards dedicated to this subject. You can also enlist the help of a local realtor or relocation specialist who usually have lists of ?pet-friendly? apartments. Just make sure you?re clear on the policy regarding pets before you sign any rental agreement. If you take into account your pet?s needs, as well as those of your landlord, you?ll be much more likely to find an apartment that meets your needs. Happy apartment hunting! Kyle Thomas Haley has been helping people relocate on the Internet since 1999 for STANZEEKAY Inc&#39;s Relocation Websites: &lt;a href=&#34;http://www.apartment-rental.net&#34;&gt;Apartment Finding&lt;/a&gt; and &lt;a href=&#34;http://www.relocation-guide.net&#34;&gt;A National Relocating Guide&lt;/a&gt; Copyright 1999 ? 2005 STANZEEKAY Inc. You have permission to publish this article free of charge, as long as the bylines are included and none of the links or content are changed.    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing    </b><br />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     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Shipping Container Houses:</title>
		<link>http://www.1real-estate.org/2010/03/08/shipping-container-houses-10/</link>
		<comments>http://www.1real-estate.org/2010/03/08/shipping-container-houses-10/#comments</comments>
		<pubDate>Tue, 09 Mar 2010 02:34:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/08/shipping-container-houses-10/</guid>
		<description><![CDATA[Shipping Container Houses:    Shipping Container Homes: The Economical Choice  Shipping container homes make sense from so many standpoints.  Most importantly, it&#8217;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, [...]]]></description>
			<content:encoded><![CDATA[<p><b>Shipping Container Houses:    </b><br />Shipping Container Homes: The Economical Choice  Shipping container homes make sense from so many standpoints.  Most importantly, it&#8217;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&#8217;s mission is:  &#8220;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.&#8221; (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.    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>The Home Warranty Doctor Is In!    </b><br />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, &lt;a href=&#34;http://www.methomewarranty.com&#34;&gt;www.methomewarranty.com&lt;/a&gt;, provides information, resources, and a whitepaper.    <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>The Purpose of E-Renter.com</title>
		<link>http://www.1real-estate.org/2010/03/08/the-purpose-of-e-rentercom-6/</link>
		<comments>http://www.1real-estate.org/2010/03/08/the-purpose-of-e-rentercom-6/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 05:26:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/08/the-purpose-of-e-rentercom-6/</guid>
		<description><![CDATA[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, [...]]]></description>
			<content:encoded><![CDATA[<p><b>The Purpose of E-Renter.com    </b><br />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.     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Real Estate Investing and Goal Setting</title>
		<link>http://www.1real-estate.org/2010/03/07/real-estate-investing-and-goal-setting-13/</link>
		<comments>http://www.1real-estate.org/2010/03/07/real-estate-investing-and-goal-setting-13/#comments</comments>
		<pubDate>Sun, 07 Mar 2010 10:06:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/07/real-estate-investing-and-goal-setting-13/</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><b>Real Estate Investing and Goal Setting    </b><br />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      <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Business Personal Property Valuation</title>
		<link>http://www.1real-estate.org/2010/03/06/business-personal-property-valuation-20/</link>
		<comments>http://www.1real-estate.org/2010/03/06/business-personal-property-valuation-20/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 13:28:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/06/business-personal-property-valuation-20/</guid>
		<description><![CDATA[Business Personal Property Valuation    Business personal property (BPP) can be challenging to value because of the limited quantity of data available and primary reliance upon the sales comparison approach. Relatively speaking, a voluminous quantity of data is available when valuing real estate as opposed to valuing business personal property. Many real estate [...]]]></description>
			<content:encoded><![CDATA[<p><b>Business Personal Property Valuation    </b><br />Business personal property (BPP) can be challenging to value because of the limited quantity of data available and primary reliance upon the sales comparison approach. Relatively speaking, a voluminous quantity of data is available when valuing real estate as opposed to valuing business personal property. Many real estate appraisals consider three approaches to value: cost approach, sales comparison approach and the income approach. By contrast, most business personal property appraisals depend primarily upon the sales comparison approach. While it is possible to develop a reasonable estimate of the market value for business personal property, the values tend to be more subjective than the value of real estate.  The sales comparison approach depends upon principles of substitution and supply and demand. Purchasers of business personal property will seek alternatives and choose the alternative most beneficial for them considering cost, quantity and quality. For real estate, comparable sales data is available with in-depth descriptions of the real estate, including quantity and quality. For business personal property, is more difficult to obtain accurate information regarding the quantity and quality of property involved in a sale. For example, assume the XYZ Company recently closed its Chicago operation and sold the furniture, phone system, network servers, personal computers and related items for an office with 30,000 square feet of space and 120 employees. The sales data includes the quantity of desks, chairs, file cabinets, personal computers, network computers, etc. However, it does not contain precise information regarding the condition and age of each of these items. Real estate is more homogeneous and easier to describe versus the sale of a quantity of business personal property.  Real estate appraisers often gain insight from preparing each of the three approaches to value for real estate assignments. However, personal property appraisers typically focused primarily upon the sales comparison approach. They do not have the benefit of contrasting the value conclusion via the sales comparison approach with values via the cost approach and income approach.  It is important to define the asset being valued. Referring back to our example of the XYZ Company which closed its office, is the assignment to ascribe a value to each item as though it is going to be sold individually or is it to assign a value to the aggregate collection of furniture, computers and equipment? An alternate approach would be to define a value based upon selling subsets of the whole. For example, the furniture to one purchaser and the computers and phone system to a second purchaser.  The definition of value also substantially affects the value conclusion. Market value would typically be defined as the value assuming both the buyer and seller are knowledgeable regarding the property, neither the buyer nor seller is under distress to buy or sell and an adequate amount of time is allowed to market the property. A liquidation value would also assume that both buyer and seller are knowledgeable regarding the assets. However, it would assume a very brief period of time to sell the property. Value in use describes the value of the assets to the current owner. It is not indicative of what a third party would likely pay to purchase the assets.  In addition to performing an appraisal to estimate the market value of business personal property, other techniques sometimes considered for valuing business personal property are IRS depreciation schedules and appraisal district depreciation schedules. These may or may not result in a value conclusion that is similar to market value. However, it is the writer&#8217;s experience that they typically produce a value in excess of true market value.  To obtain a quote or further information for a business personal property valuation, contact us at 713-686-9955   The appraisal division of O&#8217;Connor &#038; Associates is a national provider of commercial property real estate appraisal services including cost segregation studies, highest and best use analysis, due diligence, gift tax valuation, commercial real estate appraisal, lease abstraction, insurance valuations, business personal property valuations, business purchase price allocations, single-family litigation support and business valuations.Patrick C. O&#39;Connor has been president of O&#39;Connor &amp; Associates since 1983 and is a recipient of the prestigious MAI designation from the Appraisal Institute. He is also a registered senior property tax consultant in the state of Texas and has written numerous articles in state and national publications on reducing property taxes. He continues to set the standard in direction and quality of our appraisal products, adding services ranging from business valuations and business appraisals to cost segregation analysis for income tax reduction.  Patrick C. O&#39;Connor &lt;a href = &#34;http://www.poconnor.com&#34;&gt;www.poconnor.com&lt;/a&gt;      <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Real Estate Investing and Goal Setting    </b><br />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      <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Real Estate Information on Website    </b><br />Released on = May 20, 2006, 11:55 pm  Industry = Real Estate &#038; Property  Knowledge is the key to success in any industry, but especially in the real estate field. If you know some simple techniques, you can buy all kinds of valuable homes and properties with no money down.  While many Indian have experienced the thrill of selling a home for a large profit, few know they can buy and sell many homes every year without access to big investment funds. Understanding the methods for purchasing property without a down payment enables average people to buy and sell homes on a continuing basis.  Life, property, etc., are both precious and fragile, which need to be protected as well as to be flourished. It is at such times that one realizes the necessity and value of property.  Onlineghar.com is the first dedicated Indian property portal which has been set up to guide and regulate the national property industry, with the intention of setting standards and protecting consumers Onlineghar.com is the leading web site for connecting buyers and sellers of Indian property, featuring almost 75,000 properties throughout India from over 400 independent agents.                                                Onlineghar.comis a privately owned company with offices in North India. Its web site consists of the largest single collection of properties and estate agents in India, with over 200,000 unique visitors every month. The company is not affiliated with any promoter, property developer or estate agent and receives no commission on property sales or rentals.  As Mr. Mahajan, Managing Director commented, &#8220;Since its inception in 2005, onlineghar.com has differentiated itself by de-mystifying the property market in India and presenting factual, useful information to those interested in purchasing or renting there.  To assist people when researching the Indian property market, onlineghar.com contains current and useful data about Indian property on their website. Their distinctive position as an impartial resource means that they are uniquely positioned to provide price trend information for different types of Indian property and to highlight up-and-coming towns throughout India.For listings of real estate auctions, please visit http://www.onlineghar.com/ (India Property Portal) &lt;a href=&#34;http://www.onlineghar.com/&#34;&gt;OnlineGhar.com - A complete Property Portal  &lt;/a&gt;    <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Selling Your Own Home In A Tough Real Estate Market - Five Tips</title>
		<link>http://www.1real-estate.org/2010/03/05/selling-your-own-home-in-a-tough-real-estate-market-five-tips-20/</link>
		<comments>http://www.1real-estate.org/2010/03/05/selling-your-own-home-in-a-tough-real-estate-market-five-tips-20/#comments</comments>
		<pubDate>Fri, 05 Mar 2010 13:34:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/05/selling-your-own-home-in-a-tough-real-estate-market-five-tips-20/</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><b>Selling Your Own Home In A Tough Real Estate Market - Five Tips    </b><br />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&#8217;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&#8217;t the artistic type and don&#8217;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&#8217; 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&#8217;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.     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Real Estate Information on Website</title>
		<link>http://www.1real-estate.org/2010/03/04/real-estate-information-on-website-16/</link>
		<comments>http://www.1real-estate.org/2010/03/04/real-estate-information-on-website-16/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 17:18:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/04/real-estate-information-on-website-16/</guid>
		<description><![CDATA[Real Estate Information on Website    Released on = May 20, 2006, 11:55 pm  Industry = Real Estate &#038; Property  Knowledge is the key to success in any industry, but especially in the real estate field. If you know some simple techniques, you can buy all kinds of valuable homes and [...]]]></description>
			<content:encoded><![CDATA[<p><b>Real Estate Information on Website    </b><br />Released on = May 20, 2006, 11:55 pm  Industry = Real Estate &#038; Property  Knowledge is the key to success in any industry, but especially in the real estate field. If you know some simple techniques, you can buy all kinds of valuable homes and properties with no money down.  While many Indian have experienced the thrill of selling a home for a large profit, few know they can buy and sell many homes every year without access to big investment funds. Understanding the methods for purchasing property without a down payment enables average people to buy and sell homes on a continuing basis.  Life, property, etc., are both precious and fragile, which need to be protected as well as to be flourished. It is at such times that one realizes the necessity and value of property.  Onlineghar.com is the first dedicated Indian property portal which has been set up to guide and regulate the national property industry, with the intention of setting standards and protecting consumers Onlineghar.com is the leading web site for connecting buyers and sellers of Indian property, featuring almost 75,000 properties throughout India from over 400 independent agents.                                                Onlineghar.comis a privately owned company with offices in North India. Its web site consists of the largest single collection of properties and estate agents in India, with over 200,000 unique visitors every month. The company is not affiliated with any promoter, property developer or estate agent and receives no commission on property sales or rentals.  As Mr. Mahajan, Managing Director commented, &#8220;Since its inception in 2005, onlineghar.com has differentiated itself by de-mystifying the property market in India and presenting factual, useful information to those interested in purchasing or renting there.  To assist people when researching the Indian property market, onlineghar.com contains current and useful data about Indian property on their website. Their distinctive position as an impartial resource means that they are uniquely positioned to provide price trend information for different types of Indian property and to highlight up-and-coming towns throughout India.For listings of real estate auctions, please visit http://www.onlineghar.com/ (India Property Portal) &lt;a href=&#34;http://www.onlineghar.com/&#34;&gt;OnlineGhar.com - A complete Property Portal  &lt;/a&gt;    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing    </b><br />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     <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Selling Your Own Home In A Tough Real Estate Market - Five Tips    </b><br />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&#8217;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&#8217;t the artistic type and don&#8217;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&#8217; 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&#8217;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.     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>The Home Warranty Doctor Is In!</title>
		<link>http://www.1real-estate.org/2010/03/03/the-home-warranty-doctor-is-in-26/</link>
		<comments>http://www.1real-estate.org/2010/03/03/the-home-warranty-doctor-is-in-26/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 19:46:05 +0000</pubDate>
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		<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><b>The Home Warranty Doctor Is In!    </b><br />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, &lt;a href=&#34;http://www.methomewarranty.com&#34;&gt;www.methomewarranty.com&lt;/a&gt;, provides information, resources, and a whitepaper.    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Shipping Container Houses:    </b><br />Shipping Container Homes: The Economical Choice  Shipping container homes make sense from so many standpoints.  Most importantly, it&#8217;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&#8217;s mission is:  &#8220;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.&#8221; (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.    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Selling Your Own Home In A Tough Real Estate Market - Five Tips    </b><br />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&#8217;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&#8217;t the artistic type and don&#8217;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&#8217; 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&#8217;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.     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing</title>
		<link>http://www.1real-estate.org/2010/03/02/how-you-can-use-rehab-refinance-and-cash-out-as-long-term-wealth-building-real-estate-investing-19/</link>
		<comments>http://www.1real-estate.org/2010/03/02/how-you-can-use-rehab-refinance-and-cash-out-as-long-term-wealth-building-real-estate-investing-19/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 22:56:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/02/how-you-can-use-rehab-refinance-and-cash-out-as-long-term-wealth-building-real-estate-investing-19/</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><b>How You Can Use Rehab, Refinance and Cash Out as Long-Term Wealth Building Real Estate Investing    </b><br />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     <br /><i>Source: www.ArticlePros.com</i></p>
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		<title>Low Letting Fees - Too good to be true</title>
		<link>http://www.1real-estate.org/2010/03/01/low-letting-fees-too-good-to-be-true-16/</link>
		<comments>http://www.1real-estate.org/2010/03/01/low-letting-fees-too-good-to-be-true-16/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 01:30:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.1real-estate.org/2010/03/01/low-letting-fees-too-good-to-be-true-16/</guid>
		<description><![CDATA[Low Letting Fees - Too good to be true    With the huge slow down in house sales the property market is seeing an increase    in demand for rental property. Some letting agents are starting to cut their commission charges hoping to increase their    property stock of [...]]]></description>
			<content:encoded><![CDATA[<p><b>Low Letting Fees - Too good to be true    </b><br />With the huge slow down in house sales the property market is seeing an increase    in demand for rental property. Some letting agents are starting to cut their commission charges hoping to increase their    property stock of which they can immediately offer to registered tenants. A    high turnover of properties will result in much needed revenue flowing into    your agency. Such a de-crease in charges will suit some landlords or investors amidst the credit    crunch but long term this could not only damage your reputation as an agent    but could put considerable strain on your agency. Landlords are well aware that a letting agent offering low fees will be cutting operational    cost else where which could result in their property not being advertised properly    or tenancy agreement not being executed correctly due to a junior member of staff with    little experience dealing with the set up. Most agents will agree that there is a lot more to letting property than simply advertising    it in the local paper. A lot of time is spent preparing brochures, conducting    viewings, vetting prospective tenants, setting up agreements, conducting inventories    and checking in tenants. All this of course costs money to do properly and takes    a considerable amount of time &amp; resources. Landlords will naturally want to keep their costs down and you will always find customers    wanting a competitive rate. However, agents offering landlords exceptionally    low fees face the risk of lower profit margins, which will make it hard if not    impossible to survive the credit crunch.Generally fee cutting    tends to prove unprofitable, unsustainable and even costly, which could cause    your agency to fold.  When landlords choose an agent&nbsp;they do not base their decision on price alone,    but also consider experience, reputation, professionalism, qualifications, marketing    budget, to ensure your agency attracts a large number of tenants through its    doors and overall service. If you feel your agency needs a competitive edge try to focus on other areas of    service rather than simply price. For example you could consider a sliding fee    for landlords that place more than one property with your agency, or you could    add value to your charges by offering a service or product that costs your agency    little or nothing to set up or provide. You could even consider    offering a bundle of useful information to new landlords explaining everything    a landlord should know before letting their property.  In the current climate with a number of non experienced home owners renting out    single rooms to full houses there is no better time to create a helpful first    impression of your agency; in the long run the home owner should return to you    to let their property. To sum up, there is nothing wrong with healthy competition and being competitively    priced, if your agency is able to offer a service towards the cheaper end of    the market then do so. Bear in mind there are many companies that target high    end consumers and make substantial profits. If you&#8217;re going to cut your prices    then do so in moderation and avoid cutting your throat.Benjamin Perry CEO of online-lettings.co.uk The Specialist lettings website where you can find a local &lt;a href=&#34;http://www.online-lettings.co.uk&#34; &gt;letting agent&lt;/a&gt; and view &lt;a href=&#34;http://www.online-lettings.co.uk&#34; &gt;flats to rent.&lt;/a&gt;    <br /><i>Source: www.ArticlePros.com</i></p>
<p><b>Apartment Renting With Pets    </b><br />If you?re a pet owner who is considering a move to an apartment there are certain things you must be keep in mind. First, whether or not your pet will be accepted by most landlords depends primarily on the type, size and personality of your pet. Dogs: If you own a large dog, apartment living is probably not for you. Not only will accepting landlords be hard to find, but your dog will not be happy in the confined space of an apartment. A large dog needs room to exercise and play, neither of which is usually available in an apartment setting. If you plan to move to an apartment, make sure your dog is one that will adapt easily to this change in environment. Usually smaller, lap dogs are the best choice. However, even smaller dogs can cause problems. If your dog barks or whines a lot you may well find yourself at odds with the landlord, as well as with other tenants. Many times your dog only causes a disturbance because it?s lonely or bored. If you?re gone during the day, you can sometimes alleviate these problems by hiring a pet walker to come in and give your dog attention and exercise. You must also keep in mind that most apartment complexes have leash laws so you will have to accompany your dog each time it goes outside. Since most complexes don?t have areas where it?s safe for your dog to run free, this is as much a matter of your dog?s safety as it the protection of other tenants. Cats: Cats are the pets of choice for apartments. Most are not as socially oriented as dogs and are quite happy left on their own. As long as your cat has a nice spot to curl up and take a nap, space isn?t an issue. More than likely your pet is a house cat so frequent trips outside aren?t required. But you must realize that some landlords do not accept cats any more willingly than they do dogs. Some have a strict ?no pets? rule. If that?s the case, don?t consider renting there. If your pet is discovered you may be evicted and/or fined. Other Pets: ?Pocket pets? such as fish, birds, and reptiles usually don?t pose a problem when it comes to renting. However, you should still check with your prospective landlord to make sure. General Tips: Landlords who do accept pets often require a pet deposit. This is intended to cover any damage your dog or cat does to the premises, as well as additional cleaning that may be necessary when you leave the apartment. If you?re searching for apartments that accept pets, there are many places to go for help. You?ll find lots of websites and message boards dedicated to this subject. You can also enlist the help of a local realtor or relocation specialist who usually have lists of ?pet-friendly? apartments. Just make sure you?re clear on the policy regarding pets before you sign any rental agreement. If you take into account your pet?s needs, as well as those of your landlord, you?ll be much more likely to find an apartment that meets your needs. Happy apartment hunting! Kyle Thomas Haley has been helping people relocate on the Internet since 1999 for STANZEEKAY Inc&#39;s Relocation Websites: &lt;a href=&#34;http://www.apartment-rental.net&#34;&gt;Apartment Finding&lt;/a&gt; and &lt;a href=&#34;http://www.relocation-guide.net&#34;&gt;A National Relocating Guide&lt;/a&gt; Copyright 1999 ? 2005 STANZEEKAY Inc. You have permission to publish this article free of charge, as long as the bylines are included and none of the links or content are changed.    <br /><i>Source: www.ArticlePros.com</i></p>
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