July 2011

Real Estate Marketing

Did You Take Advantage of the Fourth of July Marketing Opportunity?

by Jason Hanson | July 10, 2011

For my Fourth of July I went to a pancake breakfast at my church. Then I had some friends over for dinner and my wife and I went to Baltimore’s Inner Harbor to watch the fireworks. However, in between breakfast and dinner I did something that I know is going to put some money in [...]

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Real Estate Investing

Lazy Doesn’t Buy Houses: Making Offers to Seemingly Unmotivated Sellers

by Danny Johnson | July 9, 2011
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Opportunity is missed by most people because it is dressed in overalls and looks like work. – Thomas Edison Mistakes made and lessons learned seem to be topics that investors are interested in. Why not learn from mistakes of others so that we can avoid them ourselves? I wish I could say that it was [...]

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Real Estate Law

Be Careful When Using A Quit Claim Deed

by Ken Corsini | July 8, 2011
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Two weeks ago I wrote a blog about the importance of buying title insurance for investment properties. Most people don’t think they’ll ever actually make a claim on a title policy, but the chances may be higher than most people realize. I’ve actually had to file 3 title claims just this year and as a [...]

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Real Estate Investing

Insurance and Your Real Estate Note

by Kevin Kaczmarek | July 7, 2011
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It’s one of those intangibles that sometimes gets glossed over when it comes to seller financing, however it’s important to have a good understanding of the various aspects of insurance when it comes to seller financing. Buying with seller financing: If you are a real estate investor buying property with seller financing, it’s your responsibility [...]

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Real Estate Interviews

Getting the Bank to Say Yes! An Interview with Greg Brister

by Joshua Dorkin | July 6, 2011

In our interview with real estate investor, Greg Brister (13:38 minutes), we get into how to deal with your banker in order to get your loan closed. Learn what due diligence you need to do and how to prepare your documents before you walk in the door of the bank. Greg also walks us through [...]

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Real Estate Investing

How Flippers Can Generate A Magnificently Abundant Retirement

by Jeff Brown | July 6, 2011

In last week’s post in which I said flippers generally will not enjoy a robust retirement, I also promised to show how they could avoid that harsh likelihood. There’s an assumption here too. I assume any flipper who’s been successful enough to not only boost their lifestyle but quit their day job, has the wherewithal [...]

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Foreclosures

Junior Lien Holders and Short Sales

by Melissa Zavala | July 5, 2011
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The short sale has always been a tricky transaction. It’s a challenge to obtain the required paperwork from the seller. It’s a challenge to find a qualified buyer who is willing to stick around until the short sale gets approved. It’s a challenge to prepare the paperwork and to get the deal accepted by the [...]

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Real Estate Investing

Separate Your Real Estate Income

by Andrew C. MacDonald | July 5, 2011
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When we first start out as investors we just worry about getting our first deal done. Then we start to worry about getting our next deal done and often forget to consider the tax consequences. If you do different types of deals, you may want to separate your real estate income to net more dollars [...]

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Real Estate

The Week in Housing: Home Prices, Pending Home Sales, and Interest Rates

by Ryan Hinricher | July 4, 2011

Rates Steady for Full Month For the 4th straight week, interest rates were firm.  Freddie Mac reported that the 30-year fixed interest rate averaged 4.51% compared to 4.50% last week.  The 15-year fixed rate was unchanged from the prior week.  Last year at this time the 30-year fixed averaged 4.58% and the 15-year averaged 4.04%. [...]

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Real Estate Investing

Declare Your Real Estate Independence

by Richard Warren | July 4, 2011

Two-hundred and thirty-five years ago the founding fathers of our country signed the document that declared their intention to break away from the rule of the British monarchy. The colonists wanted to be able to govern themselves and make decisions for their own welfare rather than be subject to the desires of others. In short, [...]

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Real Estate Investing

The 11 Documents to Use When Getting a Tenant for Your Lease Option Deal

by Jason Hanson | July 3, 2011

Last week I gave a very detailed description of all of the documents you need when doing a lease option with a landlord (all 10 of them). This week I am going to cover all of the documents you need when you find a tenant/buyer for your lease option deal. In no particular order, let’s [...]

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Real Estate Investing

Adopt a ‘Why I Shouldn’t do this Real Estate Deal’ Attitude

by Marty Boardman | July 1, 2011

Michelle from Michigan hasn’t closed a deal in over two years, though it’s not from a lack of effort.  The real estate market there is in the tank.  It’s no wonder she left me two messages, twice last Friday and again on Monday.  She was excited about finally finding a profitable opportunity. I explained to [...]

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