What comprises the 'right' property and 'right' price? It depends upon what you have in mind for the property. In the context of this booklet, 'right' property usually refers to houses that are being bought for their long term income potential rather than merely for short term sale profits.
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Options are an excellent way to obtain zero rate financing because they control an asset without any payment or interest other than the amount paid for the Option. It's sometimes possible to get an Option without any payment at all. Aren't listings, contingent contracts and non-recourse loans a form of Option, since the buyer can walk away without liability?
Over time you'll find it much more profitable to stop applying for conventional institutional loans. You'll go a lot farther, faster if you try to borrow from private investors who understand your problems rather than from banks and mortgage companies. This might require a shift in your thinking. Read this article to learn about private party financing...
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In the event of another economic collapse, your ultimate survival is going to depend upon the preparations you have made in acquiring property and marketable skills for yourself and for your family. Learn how real estate can help you ride the storm that is coming...
Continue reading “What Happens To Real Estate When Inflation Goes Up?”
Arbitrage is defined as is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices. Arbitrage is he simultaneous purchase and sale of an asset in order to profit from a difference in the price.
Learn how to determine the perfect rent to charge so you attract the best tenants in any market. The mark of the true amateur landlord is a monthly rent that has been set by rule of thumb! How often have you heard that rents should be 1% of the value of the house? Yet how rarely do they fall into that range? How many times have you talked to someone with a chronic vacancy problem who has set his rents by rule of thumb, or worse yet, by HIS monthly mortgage payment amount? There's a better way...
A long time ago in a land far away, I was struggling to get into real estate. I didn't have enough money of my own to buy any of the good deals that came my way, and having been raised in the great depression, I was scared of personal debt. Nor could I find any “investors” who would make their capital available to me to buy houses with. I was stumped, going nowhere fast. Then I discovered Options. Read about how Options made it possible to retire 5 years later at the ripe old age of 45.
When there is plenty of loan money around, those who build houses, or who buy them to fix up for resale simply sell them to people who can get financing for them, and pay tax on the cash received. On the other hand, when both acquisition and take-out financing dries up, about the only way to stay in business is with private financing from investors, hard money loans, or creative financing. All of these dry up profits and increase risk to the person trying to make money as a dealer. There's a BETTER WAY....
Learn how one creative investor lease optioned a mobile home park with NO MONEY DOWN, generated $500,000 a year in cash flow, then sold the park for a $4,000,000 profit. You could do this too....
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Learn how to protect your lease and your option consideration. The more control YOU have over the underlying loan payments the better. And learn how to find the two types of homeowners who are most likely to say YES to your lease option offer.
