Category : 5. Invest

5. Invest Blog

Don’t Pay Too Much for Your Investment Property

The market will determine price

When looking to purchase an investment property, you will want to make sure you don’t pay too much. My strategy is that I am always looking for motivated sellers. These are sellers that need to sell their property for one reason or another and they just haven’t been able to and they are running out of time. The major consideration for what you pay for a property will be the current market conditions in that area. Is it a buyers market or a sellers market?

Read More
5. Invest Blog

Real Estate Investing for Busy People

Most people get into real estate investing not because they like real estate. Most people get into real estate investing because they want to make money. It’s that simple.

Real estate has been the number one investment that most people turn to when they are looking to diversify their portfolio.

Read More
5. Invest Blog

Top 5 Skills You Need to be a Good Real Estate Investor

Marketing

Unless you can get people to come to your business no one is going to buy. So if you have a property you want to sell, if you have people you want to attract or a property you want to rent all that comes down to good marketing. For example: you have a rental property it’s vacant, you want to go out and get a good tenant in there you need good marketing. Same thing for Rent To Own if you are trying to attract the right person for a Rent To Own product.

Read More
5. Invest Blog

Helping People Using Real Estate Investing

Helping Buyers and Sellers

Our Lease Option program is really helping a lot of people realize their dreams of owning a home. The people that usually enter into our Lease Option program are people with good incomes that can afford to purchase a home but just can’t qualify for a mortgage.

Read More
5. Invest Blog

How To Help Your Tenant Buyers

Sell them a duplex.

One of the problems new home owners or new Tenant Buyers have is that they can’t always afford the higher monthly payments needed to be in one of our Lease Option properties. The rent we charge has to cover all of our expenses such as mortgage, taxes and insurance. Then we have to add on an additional amount to build up a credit that can be applied at the time the Tenant Buyer exercises their option.

Read More
5. Invest Blog

How to Make Money from Your Own Home

I have had people come up to me and tell me that their home is almost paid for, that they have no Mortgage on their home and they are feeling really good because they have no more debt. I tell them that is too bad.

So I take time to talk to them and ask how much their house is worth. They say $300,000-$400,000 and have no mortgage on it. I ask them how their lifestyle is, chances are they are ok but they are not OKAY.

Read More
5. Invest Blog

When Should You Start Evicting a Tenant?

The decision to evict a tenant should not be based on emotions. You need to implement a process and then execute it. This process can save you a lot of money.

As an owner of rental properties you will always have to deal with tenants who are not paying their rents. There are a lot of reasons why people don’t pay their rents and I have heard most of them. Sure some are legitimate and a lot are made up. Either way, I am running a business and I have to make my mortgage payments so I expect my tenants to pay their rents in full and on time.

Read More
5. Invest Blog

Make Big Profits With Investors

Based on conservative anticipated appreciation rates and mortgage pay down, the total Return on Investment is 136% over 3 years or approximately 45% per year. I split the expected profit with the investor and guarantee his return. So if there is any problem with the Buyer, I take the hit. There are also several protection clauses we have to protect everyone in 3 years. We have a forced savings plan built into this program to protect the Buyer.

Read More
5. Invest Blog

Get Paid 5 Times For One Deal

Here is an interesting spin on a couple of Real Estate Investment Strategies that you can use. You can combine a Buy, Fix and Flip with a Lease Option for some great results. Normally, I am not a big fan of Buy, Fix and Flips but this approach eliminates a couple of costs normally associated with this strategy and we aren’t flipping it.

Let’s say you have a property that is normally worth $160K but it’s listed at $100K because it needs some work and the vendor is very motivated (this is actually a real deal we have an offer on). The work to repair the house is estimated at $10K. You buy the property, fix it up and have it re-appraised at $160K.

Read More
5. Invest Blog

How to Finance Your Real Estate Investment

Real Estate when done properly should be treated as a business. You have to have the right business process in place. The right financing, accounting, rent collection, estimates and due diligence.

Do not get involved in Real Estate without knowing too much about it. On the other side if you have a good Real Estate portfolio and practice good business you can improve your life through passive income and peace of mind. Today we will discuss two ways in which you can fund your Real Estate Transactions.

Read More
1 2