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Troy Schuricht

Landlord Tenant

Landlords: Learn How to Find Average Market Rents for your Area

by Troy Schuricht | October 31, 2008

If your in the market to buy a rental, knowing the expected rental rates should be part of your due diligence.   The following will help you find the average property rental price in your area.

Read your local newspapers. As you read through the classified adds, make sure you are comparing apples to apples.  Homes with [...]

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Landlord Tenant

Current Market Conditions and Rental Cash Flow

by Troy Schuricht | October 16, 2008

The perfect storm is underway to help landlords cash flow on their rental purchases in certain market places.  The dramatic decrease in  home prices, underwriting guidelines that require larger down payment, low interest rates and the increased number of renters can lead to more cash flow for investors.
Market places across the country have seen [...]

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Mortgages & Lending

Who is Left to Invest in Real Estate?

by Troy Schuricht | October 9, 2008

As the financial markets melt down will there be anyone left to invest?  Or better yet, are there any lenders available to finance investment properties?
I received this email today from a client and I feel that is important for a couple of reason, both which we will get to later.
Hi Troy,
I was wondering if [...]

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Landlord Tenant

Top 3 Tips for Qualifying Your Renter / Tenant

by Troy Schuricht | October 3, 2008

What Make A Good Renter?
Is a good renter someone with great credit, or large deposit or maybe  high income?  The approach landlords take in qualifying their renter could be changing because of the housing crisis and the large number of foreclosures.
The main objective of renting your home should be to have a qualified renter that will pay rent [...]

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Financing Real Estate

Finding Money for your Borrowers

by Troy Schuricht | August 7, 2008

With the credit crunch in full swing, investors should start to pay attention the the lending options available to their buyers. 
 Most investors and individuals in the real estate profession already know that it has become difficult to finance properties and with daily changing guidelines it is very hard to predict the future, but lets look into the [...]

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Commentary

Who are Investors Going to Sell Homes to Now?

by Troy Schuricht | August 1, 2008

With the new housing bill that just passed on Wednesday and goes in to effect on October 1, how are home buyers with out a down payment going to find financing to purchase your investment?  
The new bill eliminates seller-funded down payment assistant programs for FHA loans. Many investors and sellers are now faced with finding new creative [...]

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Commentary

The Good News of Recession

by Troy Schuricht | July 24, 2008

Before we can talk about the good news of a recession, lets define exactly what a recession is: 
 ”In macroeconomics, a recession is generally associated with a decline in a country’s real gross domestic product (GDP), or negative real economic growth.  According to widespread definition, a recession occurs when real growth is negative for two or [...]

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Financing Real Estate

Real Estate Investors – Learn Where to find Portfolio Lenders

by Troy Schuricht | July 17, 2008

Last week I spoke about why Portfolio Lenders are important to investors, but the bigger question may be how to find them.   
Tracking down a financing source is never an easy task.  Many individuals have no idea where to start so they usually talk to there personal bank first.  While the likes of Wells Fargo, Chase, Bank of America and more [...]

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Financing Real Estate

Why Portfolio Lenders are Important to Investors

by Troy Schuricht | July 10, 2008

Mortgage loans can be come from a variety of sources, private individuals, banks, mortgage brokers, mortgage bankers, credit unions, etc.
Investors need to understand that in most cases these lending sources are not actually making their own capital available for a mortgage. Instead, they are acquiring or borrowing the funds from another party. Pension fund, [...]

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Flipping Houses

Real Estate: Flip or Rent?

by Troy Schuricht | June 29, 2008

You may have heard recently that this is a great time to purchase investment property. One reason for this is because you can now “cash flow” them again. That sounds like a pretty good idea, but what does that really translate into? What really makes this a better time to buy [...]

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Financing Real Estate

Financing Foreclosures

by Troy Schuricht | June 19, 2008

It is safe to say that real estate is hot once again. Unfortunately this new hot market is only available to professional real estate investors and very savvy borrowers.   Foreclosures have become the latest and greatest in most market places. Deals on homes can be as low as fifty cents on the [...]

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Financing Real Estate

Should Investors Stay Away from Condos

by Troy Schuricht | June 12, 2008

As real estate prices continue to slide investors are eager to find the next best deal. Usually when determining which property they should buy price and rental income become a big factor. Price and rental income usually translate to cash flow and this is the foundation of long term real estate investing.
Let’s [...]

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Mortgages & Lending

Lender Guideline Changes That Effect All Investors

by Troy Schuricht | June 5, 2008

There are two major player in the lending industry right now, Freddie Mac and Fannie Mae, both of these companies are very important because they more or less dictate the rules and guidelines for lender and banks across the USA.
Freddie Mac recently released a guideline change – “We are revising our requirements for Investment [...]

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Financing Real Estate

Mortgages That Attract Homebuyers

by Troy Schuricht | May 29, 2008

Do great rates and great service fail to impress you? Well you are not alone. We are in a time where you need to find out who can create value with their services and ideas. And what I mean by value is, attracting customers. A good number of investors plan [...]

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Financing Real Estate

My Advice? Buy a FourPlex

by Troy Schuricht | May 22, 2008

Community First Financial talks to many of investors every day and there are some thoughts I would like to share with you on our experiences with investors, particularly first time investors.
One of the top questions I hear from investors is, What would you do?
If I could start my investing life all over again [...]

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