Real Estate Investment Groups: “Get ‘er done”
Author: Chris Anderson, PhD
Source: articleage.com
Have your heard there is a new real estate investment guru in
the marketplace? At night, he has a part time job as a national
stand up comedian and without the audience even knowing, he
gives them fantastic real estate investment advice. His name is
Larry The Cable Guy, and these days he performs to packed
audiences purely because of his real estate advice, I am sure.
So what is his secret advice to getting good real estate
investments? GET 'ER DONE!
In all seriousness, I don't think the Cable Guy is actually
giving real estate investment advice but he should. If you will
remember his famous "Get 'er done" phrase, it will serve you
well in the real estate investment. Early in my real estate
investment career, I bought single family houses and then turned
around and resold with owner-financing in place. As I was
beginning this activity, the HARDEST part was finding good
investments on a consistent basis. Why? Because I had no track
record and thus nobody would help.
When I approached realtors for help, they would be friendly but
rarely brought any good projects. I didn't understand why
because I KNEW I was very serious about buying. However, most
realtors really doubted that I would buy the houses if they
brought them to me. Having been in the real estate investment
business for a while now, I certainly don't blame them. What
realtors rapidly learn is that 90% of investors will back out
when it actually comes time to close. So they do all this work
and don't get paid.
But like many things, after you struggle through your first
couple of real estate investment deals, then you start to gather
a reputation of actually getting deals done. Before long, there
was a couple of realtors who figured out I could "Get 'er done"
and started to bring me more opportunities than I could handle.
This was a HUGE turning point because now people call me, tell
me about a real estate investment deal, and ask if interested.
All of this required ZERO work from me! Today, I still
occasionally pick up houses and primarily use one realtor who
knows that if I give her the go ahead to look, then she will get
an immediate pay day if she brings something that meets my
criterion.
As I got more and more into preconstruction real estate
investments, I got another rude awakening. Even though I was
serious about finding investments and had decent connections, as
a single individual, I was pretty much irrelevant to developers
and major brokers with large preconstruction projects. Why? I
was buying 1 unit and they might have 400 to sell. While they
were happy to get my purchase, they would not go out of their
way to find me other good projects and deals.... It was like I
had to beg to get in.
Over time, there was a small group of us that formed that had
more power but still, had almost no ability to interact with
developers and get better real estate investments. As time moved
forward, GetPreconstructionDeals.com was formed with the idea
that by surrounding ourselves with a group of investors, we
could now enjoy some of the perks of being able to "Get 'er
done" on a larger scale. Today, with that ability, we get to
look at a lot of projects and opportunities that most outside
investors never even know about.
This month, we will run a series of articles on take full
advantage of investing "with the power of thousands". With a
strong group of "Get 'er done" investors, it really becomes
amazing at the real estate investment opportunities that arise;
and this is true if the real estate market is booming, flat, or
declining.
We will also use this article series to introduce a major new
feature to GetPreconstructionDeals.com: an real estate
investment open forum and "town hall meetings" to help investors
group into smaller, more common interest areas. At our web site,
we obviously introduce a wide range of projects from
preconstruction condos, town homes, mountain and coastal
property, condo conversions, international and domestic, etc.
We will be taking steps to help gather "Get 'er done" investors
into smaller, real estate investment interest groups with a
tight focus on the types of projects they desire. The real
advantage for you is that if you are looking for a specific
investment type (or even location) and there are others that
share your interest, we can then really help these groups find
the types of projects meeting their needs. We believe this will
be a tremendous benefit to not only investors but developers as
well.
So we hope you will join us this month as we really outline the
steps for you to achieve your real estate investing goals,
regardless of market conditions.
Factors to remember before investing in real estate
Author: Jeff Adamsbr
Source: articlesbase.combr
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Many investors are moving from stock market to owning rental real estate. Buying rental property is a good way to build wealth. Once you have decided to buy rental property, your real work begins. Finding a profitable rental property usually takes plenty of time and research work.Some people buy and sell investment property within the short period for profit. Some buy and let to achieve a rental income and accumulate equity, for long term. Decide how long you would like to keep the rental property before owning it. The longer you keep the property, the more you have to invest in maintenance, repairs and improvements. If youre thinking of buying a rental property for a shorter time horizon, you may lose value of the property if youre buying in an overheated market. For small investors, long term ownership is better. Careful consideration must be given to location. Decide whether you want to invest in your local area or invest in a hot location which may provide more attractive investment options. Property price must also be considered, with widely varying properties available at all levels of investment. A lender can advise you on how much you can borrow to invest in property, along with any further costs or fees involved. A solicitor can advise you on legal costs, disbursements and stamp duty cost if applicable. There are several ways of finding real estate properties. Some ways are print media, networking, directory assistance and internet. Just browse through print materials like books on real estate business, real estate magazines and newspaper listings under investment properties. By using these materials you can find top companies that provide real estate services. After gathering the prospective companies, list at least three to consider. After finding three best companies, compare their available services and rates to get the best option. Also check their honesty, efficiency and track record. Try to pick a firm that can guide you in expanding the profit making possibilities for your real estate investment. Take help of family and friends in finding a good real estate service provider. You can get reliable referrals from people whom you trust. Remember to still do cross checking with the referred companies. You can actually ask some of their clients for the kind of services they deliver. That way, you can get real testimonies. You can ask for directory assistance and ask the operator for the contacts of companies doing real estate investment services. With this method also you have to do your homework on background checking your short listed companies. Last but not the least there are several websites that you might want to check out to get a glimpse of these companies services.br
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pJeff Adams is an author for a rel=nofollow,nofollow href=http://www.realestatewebprofits.com/ title=Real estate InvestmentReal estate Investment/a. He has written articles a rel=nofollow,nofollow href=http://www.realestatewebprofits.com/ title=Real Estate InvestingReal Estate Investing/a. For information visit our site a rel=nofollow,nofollow href=http://www.realestatewebprofits.com/ title=real estate investor websitesreal estate investor websites/a/pbr
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Getting Some of the Best Deals in Real Estate
Author: Mark Gavalda
Source: ezinearticles.com
The Real Estate market, even with all the financial depressions, remains one that has full viability to become a richly rewarding investment. And the golden rule of business is, minimize the costs and maximize the profit. That does not change in real estate, and its even more applicable since the investments made are huge, and its all about making all the right moves at the right times. The first thing is, you should aim at getting some of the lowest selling property that is highly worth it for investing. But question is, how do you do this?
Well it's quite simple actually, and there is one thing that you do need to understand, and that is foreclosures. They are nightmares to the property owners affected, but good news for those eyeing to own the said properties. When a person is making more than one mortgage payment, it's only natural for them to feel overwhelmed by the financial burden of covering all those payments. This is one of the deals that you need to secure. Should you find someone like this, chances are, they will offer a pre-foreclosure sale, so that they can get rid of the property before the real foreclosure comes to take it away from them. Because of the state of desperation that these people are usually in, it would be easy to manipulating them into selling the property in a price lower than its market value. And what that means for you is more profit.
Once you secure the house, or whatever property, you can flip it, rent it or resell it. But no matter the road you choose to take, you can be sure of profit generation because you got it at a bargain. And for a business investor, getting a bargain in initial dealings is usually a pointer for awaiting success ahead.
As the housing crisis bottoms we'll have plenty of one in a lifetime real estate investment opportunities. If you don't want to miss out on them, visit my real estate blog today!