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Hiring A Contractor - 10 Tips
A very smart attorney I know paid $7,000 for a roof repair, only to have the roof leak the next time it rained. The contractor stalled, made excuses, but never did a thing about it. Anyone can have these kinds of problems when having repairs or...
How To Find A Real Estate Agent
You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying your new home.
The fact is that a real estate agent’s fees are typically paid by the seller of the home. So, as a buyer, you...
Is Now A Good Time To Sell Your Home?
If you own a home in a real estate boom market, you are probably richer now than you ever thought you could be–on paper. Even if your house is in a real estate market that's rising more modestly, you may still be feeling pretty flush–on paper. But...
New Home Staging Can Help Sell Your Home
Home Staging should be done when you sell your home. Staging a home can bring you a much higher selling price and help you get offers on your home faster. A home staging professional can be hired to tour your home and direct you to make the changes...
Pennsylvania Real Estate – The Keystone State
Known as the Keystone State, Pennsylvania is a hard working state. Depending on where you live, Pennsylvania real estate can be reasonable or pricey.
Pennsylvania
Pennsylvania is a state with an incredible amount of history battling with...
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Real Estate Investing Deals That Skyrocket Your Net Worth 10-fold!
Consider these parameters for a real estate deal:
Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500
If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).
So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:
If I offered to give you this deal in exchange for $10,000 in cash, would you do it?
Remember - this is hypothetical. The real question here is this:
Would you exchange $10,000 in cash for $87,500 in equity?
For most savvy investors, the answer is: Absolutely YES!
This is called "Wholesale Real Estate Investing" - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.
Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times each month, offered you the opportunity to purchase significant amounts of equity for a severe discount...
...It would be quite easy to become wealthy, fairly quickly, wouldn't it?
The answer again, is: Absolutely Yes, it will.
It is through smart "wholesale real estate investing" that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.
...Now the burning question becomes, "Where exactly do I find these wholesale real estate investing deals?"
I know of at least 3 solid sources...
You've got to admit - it will be a pretty wonderful thing when you know how to find great real
estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself...
...And that's exactly what "wholesale real estate investing" is all about.
So let's get right to it. Here are 3 places to find wholesale
real estate deals:
1.) Visit the local real estate investing club in your area.
Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.
2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, "We Buy Houses", or "Sell Your House in 9 Days" or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.
3.) Watch your email-inbox. Why? Because if and when you choose to enroll in various free e-courses online, such as that via tm-RealEstateInvesting.com, you'll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you've got to act quickly whenever these deals are announced, because obviously the response is always significant.
Happy Hunting!
About the Author: Alain Diza is an Ex-Enron survivor turned real estate investor who, through the careful mentorship of real estate 'gurus' Bryan Ellis, Omar Periu, and Robert Shemin, catapulted to rapid financial success. To see a sample of Alain's unique real estate investing & internet mktg tactics, visit his private site: http://www.tm-RealEstateInvesting.com
Source: www.isnare.com
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