A dilemma every real estate investor who buys and sells property for short term gain faces, is how to proceed if the property does not sell. Most of my clients understand the importance of using a corporation for their short term investing to avoid the dreaded “dealer” classification.
via biggerpockets.com.
But what that means is, if we as a nation start saying that renting is a fine and legitimate choice—which, incidentally, would be the first time we did so since Herbert Hoover became Commerce Secretary in 1921—then we’d also implicitly be saying that more people are going to live in apartments.
via TIME.com.
In hindsight, Scott Feldman’s decision to sell his first home in late 2006 could have been a case study in a textbook called “How to Time the Real Estate Market.”
via The Hour
Utah Loan Servicing is a debt collector that buys home equity loans from lenders. Clark Terry, the chief executive, says he does not pay more than $500 for a loan, regardless of how big it is.
“Anything over $15,000 to $20,000 is not collectible,” Mr. Terry said. “Americans seem to believe that anything they can get away with is O.K.”
We’ve had a lot of water in the wrong place this year. But, landlords complain about water in the wrong place, too. That place is coming out of the tap at their rentals. I hear complaints that tenants “take hour-long showers,” as if they are doing this just to hurt the landlord.
Deal Making Criteria: Know your deal making criteria before your visit with a seller. What separates you form the next investor? Plan ahead and know the minimum percentage of profit you must make on any single real estate transaction for the deal to be worthwhile for your business plan.
via Real Estate Deals.
With any investment there is risk. Many people gamble on the stock market without good information. Savvy real estate investors research and use information to make good informed business decisions. By doing this, you can mitigate risk and control the outcome. Here are 10 ways to have control and find success.
via biggerpockets.
Finding financing in any economic climate can be challenging, whether you’re looking for start-up funds, capital to expand or money to hold on through the tough times. But given our current state of affairs, securing funds is as tough as ever. To help you find the money you need, we’ve compiled a guide on 10 financing techniques and what you should know when pursuing them.
via Inc..
