|
What Works For Houses Can Also Work With Mobiles Friday, November 06, 2009 (90 reads)
When I’m not walking through single-family house neighborhoods looking for opportunity, I walk through mobile home parks. The advantages to these excursions is that the homes are closer together and sellers are apt to be much more motivated for a couple of reasons: First, it’s hard to get very high drive-by visibility for a home that’s for sale in a park; particularly when park rules prohibit placing for sale signs on the homes. Second, in parks that charge high lot rents, the combination of high rents, high prices, and limited financing alternatives often drive the total monthly costs of a modern large home plus rent above that of new stick-built houses; or of new homes on individual lots in mobile home subdivisions. Sign up to see more |
|
Financing Is Critical To Wealth Creation Friday, October 30, 2009 (116 reads)
If buyers are going to command wealth-building factors, you are going to have to be able to control the financing terms. Obviously "interest-only" will increase net cash flow and leveraged appreciation; but you’ll have given up all amortization. If you sell your property on an installment sale, you’ll have converted management effort to possibly higher income, but sacrificed tax shelter and leveraged appreciation and amortization. You’ll have passed these on to your buyer. I’m afraid there’s no way out; if you want to become filthy rich, you’re going to have to latch on to as many of the wealth-building tools as you can, and this is best done by buying property rather than selling it. The way you finance a long term rental house holds the key to accomplishing this. Sign up to see more |
|
Bubbles, Buying and Bank Owned Sales Friday, October 23, 2009 (110 reads)
What spawned the housing bubble?
Who pays less for housing: investors or regular homebuyers?
Does emotion influence sales price?
How do short sales affect the market?
Find out the answers in this interesting article from Tierra Grande Sign up to see more |
|
|
|
Case Study With Jackie Lange Friday, October 09, 2009 (80 reads)
In this conference call, recorded October 7, 2009, Jackie Lange presents a deal case study to Cashflow Depot members and challenges them to come up with innovate methods to make that deal work. Sign up to see more |
|
Why You Need To Set Up A Living Trust Now Friday, October 09, 2009 (144 reads)
A slow market is a good time to tidy up your personal affairs. In the past 6 months, five long time subscribers have died without any warning to speak of or long illness. Some of their lucky widows had no difficulty settling their estates because they had taken the time to up the Real Property into Land Trusts and their Personal Property, including Land Trust shares, stocks, bonds, and valuables into Personal Property Trusts. All Trusts funneled down through their Living Trusts to their designated heirs without the need for the delay and expense of Probate. Sign up to see more |
|
Don't Lend, Buy Continued Friday, October 02, 2009 (116 reads)
Last post I explained how, instead of lending money, I buy property and let would-be borrows buy it back by paying about 20% per year profit to me. Let's look at who gets what with this arrangement: Sign up to see more |
|
|