Real Estate Investing Blog at CREonline.com
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A hard money loan is a form of real estate financing that’s based on the value of the property to be purchased rather than the credit of the borrower. Hard money loans are most often used for house flipping or other investing strategies that require a quick turnaround.
It’s like another tool for your toolbox, and as you’ll see, the benefits of this unique financing strategy are worth learning about. Here’s how hard money loans can help…
Marketing for code violators is another guerrilla marketing technique for investors. It is essentially a free source of motivated seller leads.
This method works well for investors looking for rental properties to buy with seller financing, flippers looking for houses discounted that need work, and it works great for wholesalers looking for houses to control.
Many investors started out by driving through neighborhoods, writing down the addresses of ugly or vacant houses and then sending “we buy houses” letters and postcards to the owners. It’s called “driving for dollars,” and it has made many investors a fortune. I should know because I’m one of them!
Here are six easy steps for tapping into the vacant house goldmine…
When I am considering investing in an apartment building, the ultimate question in my mind is: Is this a good deal? I know that sounds obvious, but I am amazed at how many investors don’t know how to recognize a good deal.
Learning to recognize a good deal takes research, education, and experience….
If you follow the news, you’ve likely become concerned about the state of the housing market. It’s no wonder. Just open up the real estate section of any paper, and you’ll see nothing but negative headlines.
For guidance in troubled times, who better person to turn to than Warren Buffett? Here are 13 of his most famous quotes translated it into practical advice for real estate investors like you…
Are you ready to go out and find some houses to buy? Finding burned out landlords is true guerrilla marketing because it is very cheap and also effective. Learning to generate leads from motivated sellers is a journey, and marketing for burned out landlords is one way to connect with truly motivated sellers…
When you hear the phrase “the current state of the U.S. economy” in a conversation, someone’s usually talking about job loss, high health insurance costs, or one of the many other economic stressors plaguing American families in 2012. Bring up this phrase in a discussion with international investors however, and you’ll find yourself surrounded by smiling faces.
I have wholesaled hundreds of houses, and the primary question I always get relates to how do you find all those houses to buy direct from the owners.
The truth is that there is not a single silver bullet that generates all the leads. It takes intentional and persistent marketing efforts to consistently have your phone ringing with motivated sellers. The good news is that there are a lot of guerrilla methods that collectively work very well at a minimal cost….
If you live in a major metropolitan area, like I do, it will be very hard to drive all over town to look for houses. For me, it can take an hour to get from one side of town to the other. You’ll quickly find that you are spending more time driving than actually looking at houses or talking to motivated sellers. Don’t confuse busy work with productive activity.
You should get to know your farm area like…
You know what’s even better than earning extra income this month? Earning extra income every month. While it’s true that flipping houses can be a great way to turn a quick profit, you make that profit just once per property.
A buy and hold strategy provides a safer option because you’re creating a steady stream of predictable passive income.
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