By Rena Henderson Mason
The Investment Paradox
Why will a 3-flat sell for $400,000 but a 12- unit on the same block will sell for only $600,000? This is the investment paradox that many new investors don’t understand. They assume that the 12-unit is a real bargain because the price per unit is significantly less than [...]
It is very important for real estate investors to have the appropriate investment property software. This is because like everything else, computer software is designed to make you more efficient, effective, and hopefully, more profitable.
Investment Property Software
The question is what type of investment property software do you require or need? If you are a landlord, [...]
By Karen Kusumakar
What is preconstruction? Preconstruction is pur-chasing a house or condo after it has been planned, but before it has been built. If you listen to the hype, you will earn more than 100% on every preconstruction deal that comes your way and you are missing the boat by not investing right now. [...]
REIT
Are You Familiar With Real Estate Investment Trusts
By Steven Walsh
The average investor is not concerned with national business trends, population migration, or the stock market. The average investor is interested in two-flats, rehabbing single family properties, or foreclosures. Often times, a real estate investment trust (REIT), never crosses their minds.
Well, maybe all that should [...]
By Hari Kusumakar
When wholesalers are marketing their properties to rehab investors, typically they will give them three key numbers to help make a decision:
1. Asking Price
2. Estimated Rehab Cost
3. After Repair Value
The asking price is exactly what it says: it is the price which the wholesaler is asking the investor to pay for this rehab [...]
By Attorney Michelle Flagg, inspired by the E-Myth Revisited
This article will discuss how to apply the principles of the E-Myth to your Real Estate Investment Business. The E-Myth Revisited, is divided into 3 parts, Part I: The E-Myth and American Small Business, Part II: The Turn-Key Revolution: A New View of Business and Part III: [...]
By Marla Barch, CMPS, America’s Mortgage Choice 773.617.2424
Chicago, IL – Fannie Mae, the mortgage giant currently under government control, has made a major change to their qualification guidelines, allowing real estate investors to get back into the game. A residential real estate purchaser can now qualify for up to ten (10) residential mortgages [...]
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By Cheron Williams
In the break of a failing economy, people are finding it more difficult to comfortably financially support their families. Most people work hard day in and day out, but many times their take home pay does not reflect their efforts due in part to income tax deductions. Therefore, “income tax” is a [...]
TEN TAX TIPS FOR REAL ESTATE INVESTORS
By Kellye Fox
Tax season is here! For those who base their financial income in real estate investments, this is the time of year when Uncle Sam wants to share in your profits. While every real estate investor is different, some of the tips should apply to you. Please [...]
The inside of the decline of the real estate housing market is a place you must visit to get a grasp on what is happening in the market place. Some are wondering why and how properties continue to fall at this rate. There are places in the Chicagoland market where property values are dropping more [...]
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