EIGHT (8) BASIC 100% FINANCING METHODS WHEN BUYING REAL ESTATE
You can study the following creative financing methods and put them to use immediately. They are designed this way on purpose so that you can get started investing without undue delay. But you should realize, of course, that these are not the only creative financing methods [...]
Remember that, as a real estate investor, your financial needs must supersede your emotional needs. Another thing to remember is that, in real estate, you really make money when you buy and not (as you might otherwise expect) when you sell. Primarily what this means is that you are buying today, and the deal must [...]
Did you ever do this? Did you ever go into an antique shop, for instance, or attend a garage sale and “discover” an heirloom so valuable or appealing that you can hardly believe it’s actually for sale? Do you almost feel it should be priced higher, or that you even feel a little “guilty” for [...]
When you begin your real estate investment activities, whether you know it or not, you are playing a “numbers game.” This is not a lottery, an illegal racket, or running numbers for some neighborhood bookie. No, this is merely the same legal–and necessary–activity engaged in by every successful salesperson on earth: bang on enough doors [...]
Certainly before you actually buy any properties in whatever neighborhoods you look at, you’re going to want to find the ones with the best chance of staying rented because it fills the the needs of the most prospective tenants. Here is a practical example. A four-bedroom home can also fulfill the needs of every potential renter [...]
There just is no other way. The only tried and true method for scouting our your surroundings is to go out and scout them. Try obtaining maps of unfamiliar areas from local banks or chambers of commerce. Ask a real estate broker for help, and then go on your own to learn more about your surrounding [...]
Knowing the territory comes from your knowledge of the overall market place. Once you know the whole market, you’ll be better able to find your investment “niche.” Here is a workable plan for you to acquire the knowledge you need in order to find that niche in two or three difference neighborhoods.
Suppose your goal is [...]
