Archive for the 'Foreclosures & Short Sales' Category
Not What You Thought? Considerations You MUST Make Before Investing.
Not what you first thought? Considerations you MUST make before investing.
Investing in real estate can certainly be a lucrative investment, but only when done right! The flip side of that is that it can also turn out to be not only a financial nightmare but a huge burden emotionally when done wrong.
Before you even start […]
Don’t put all your Eggs in One Basket.
Now is the perfect time to consider investing in the real estate market. But, you should NOT just run out and buy the first property that comes along. There is some planning that you should do first.
With that said, don’t put all your money into one basket. In order to invest smartly, […]
Foreclosures. Do Your Research! (Part 4)
Thorough research should be REQUIRED if you are interested in purchasing a foreclosure. This is research that you need to have completed before the morning of the auction. Purchasing a property without doing your research can result in very unwanted and costly surprises. Keep in mind that even the most diligent […]
Read More..>>Foreclosures. How long before it’s mine? (Part 3)
If you are considering buying a property at a tax foreclosure auction, there are many RISKS you should be aware of. Remember, auctions are BUYER BEWARE sales. I can’t stress that enough. The County will make no representation about anything regarding that property, so it’s up to you to deal with […]
Read More..>>Buying a Foreclosure? Think First. (Part 2)
There is a misconception out there. Many beginning investors and homebuyers automatically think foreclosures are a good deal. Unfortunately, I’m here to tell you they rarely live up to the “hype” and they are certainly not easy.
Sellers who go into foreclosure will stop making payments for a variety of reasons. There […]
Foreclosures. It goes back to supply & demand (Part 1)
Think about it this way. Real Estate is all about supply and demand. In my area, almost all short sales and foreclosures are listed through our multiple listing service. These homes are available on the market, just like all the other homes in the area. Good investors do not like to get […]
Read More..>>Investors. Don’t Get Stuck in the Dark. (Part 5 - final)
To wrap up this series on investment properties, let’s take a look at some final pieces to keep your investment an investment. If you haven’t read previous articles, start here for some worth while information on how to look at investing.
Investment-Income Producing Properties are a wonderful thing to have. While everyone else is waiting for […]
Investors. What’s a Good Value? (Part 4)
If you are just tuning in and are interested in investment properties, take a minute to browse through my previous articles before you get started. Part 1 - Tips for First Time Investors. Part 2 - Is it a Good Rental? Part 3 - How Long is Your Horizon?
So, you’ve found a couple properties that […]
Investors. How long is your horizon? (Part 3)
As with any investment, part of planning is knowing how long you are going to keep it. If you plan on keeping a property for 20 years, chances are you’re going to have to replace the roof, water heater and other items with a limited lifespan. If you plan on keeping the property for only […]
Read More..>>Investors. Is it a Good Rental? (Part 2)
So, you’ve decided it’s time to purchase an investment property. How do you know if it’s a good rental?
There are a couple basic items to consider when looking at an investment property. Just like in real estate, rentals are about location, location, location!
If you are considering a full-time rental property, is it […]