Tuesday, February 9th, 2010

Hard Money Lending Less Risky Than Owning Real Estate? »

(Contributor: Dyches Boddiford)
Yes, hard money lending is less risky than owning real estate!
Think about it.  Done properly, your loan will be secured by real estate worth much more than your loan.
Personally, loans I make are no greater than 60% of the fixed up price of the property. And if there is much fix-up [...]

Sneaky Vacant House Tricks That Spook Theives »

So here’s a handy tip I ran across the other day — it’s from my personal Short Sale Sherpa (and also one of my best friends on the planet) Shaun McCloskey…
It’s simple, sneaky stuff to help keep your vacant houses break-in free while you’re trying to rent or sell ‘em.  It may not work on [...]

What Investors Should Really Know About the New Stimulus Tax Credit »

So, as you likely know already, it was signed into law on Nov. 6 that not only extends the $8,000 stimulus tax credit for “first-time” home buyers until next spring, but also provides a $6,500 tax credit for some current homeowners who buy another home.

While a lot of folks are interested in taking advantage [...]

Controversial: Do Real Estate “Wholetalers” Offer Any Real Value? »

So I know this may be a little controversial, but I think it’s a question worth asking…
Of what actual value are “Wholetale” investors?
I’m talking about folks (like KISS Flippers, for example) who quick-flip houses in as-is or near as-is condition to retail buyers.  What value does this kind of investor really bring to [...]

How to Get MLS Access Without a License »

So here’s one undeniable fact for anyone in the real estate biz: Access to the Realtor’s MLS = Power.
MLS of course stands for “Multiple Listing Service”, as in the big, honkin’ database of real estate information Realtors have access to.
And in case you’re wondering, no, I’m not talking about the real estate listings anyone can [...]

How Do You Ask for Private Money? »

One of the shiniest silver linings of today’s real estate market is how there’s no shortage of incredible deals right now.  Especially if you can make strong, cash offers and have the ability to close quickly.  A small fortune is calling your name.
But with the banks tighter than ever, investor loans a rare find, and [...]

Landlords Are Charging How Much? (How to Find Out) »

Here’s a cool, new resource a whole bunch of folks will find useful…
Want to know what landlords are asking for rents in the areas where you invest?  Maybe you’re a landlord and want to spy efficiently on your competition?  Or a virtual investor trying to quickly ascertain rents from afar?
Enter PadMapper.com…
Their tagline is “Making Apartment [...]

How to Avoid the “Opportunity” Trap (and Stop Stabbing Your Business in the Knees) »

By: Brad Wozny, Author 6 Figure Syndication Secrets

Why Your Business Will Get Punished If You Don’t Remodel It Now
Did you know that the top 5% of the wealthiest people in the world earn nearly 90% of its income?
That’s because there’s a major problem that plagues every financial freedom-craving, money-making, opportunity seeker out there. It’s something [...]

Buried in Calls from Unqualified Tenants? Save Time ‘Big Time’ With This Tactic… »

So……you ever felt like screaming at your phone or even ripping fistfuls of hair from your own scalp over the onslaught of ridiculously unqualified people who call when you start advertising a newly vacant rental?
Sheesh, I know I sure have.  It’s weird I know, but I find myself actually wanting to rent the dang house [...]

Awesomest Way to Murder Roaches (Even the Pregnant Mamas) »

Go on, admit it.  That’s just plain “I-just-threw-up-a-little-in-my-mouth” nasty, isn’t it?
So yeah, anyone who’s ever had rental property or rehabbed a house has probably had to try and tackle this one.  And depending on who you ask, answers might range from stinky bombs to overweight exterminators to black magic and voodoo.
So the other day I [...]