June 3rd 2008
I am sure that all Canadians are aware of the real estate slowdown and the mortgage meltdown that has occurred here in Florida. For those of you that don’t what it means to you is .. low, low prices.
Right now and for the next 2- 3 next years , may be the best time to buy in Florida, price-wise. there’s no time like the present to educate yourself about the Florida market.
June 2nd 2008
I found this great article on ways to help your home sell faster. All of these also apply to investment property as well as primary residences. The author of this article also talks about staging the property properly rather than just leaving it empty or not looking its best.
It has been proven that a decorated home sells much faster and for more money than an empty house.
May 27th 2008
In order to get good at buying and reselling foreclosures you need to understand the process,
Foreclosure starts off as a default when a borrower gets behind on payments and the lender demands control of the property to repay the debt since that is the collateral.
The causes of foreclosure are many and can be for :
May 23rd 2008
I think that knowing how to come up with a proper offer is the most important thing you can know in this business. This allows you to have a much better idea of how profitable this purchase is or is not going to be.
It also allows you to make decisions based on profit potential only.
Here is the worksheet to help you calculate the Maximum Offer:
May 21st 2008
There are several strategies that I use when I either do not have the money for down payments to purchase real estate or just prefer to use leverage instead.
Here I am going to discuss some of the techniques that are available for these types of situations.
They are in no particular order but are all good to have in your arsenal so you can use the one that best fits the situation.
The first one is:
May 20th 2008
There are several strategies that I use when I either do not have the money for down payments to purchase real estate or just prefer to use leverage instead.
Here I am going to discuss some of the techniques that are available for these types of situations.
They are in no particular order but are all good to have in your arsenal so you can use the one that best fits the situation.
The first one is:
May 19th 2008
As a Canadian from Toronto, now living in Florida, I am always happy to see anther Canadian buying here. I moved here in 1989 after visiting my folks after they retired to South Florida in 1985.
I remember that day like it was yesterday because the temp when I left Toronto was -34 with the wind chill factor but when I arrived in Florida it was 84 degrees and this was in February.
May 17th 2008
Here is a great article from Robert Kiyosake
called Why the Rich Get Richer
Survival of the Richest
Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout — a government handout to some of the richest people on Earth, paid for by American taxpayers.
May 16th 2008
Ok, if you have not read my previous post on purchase contracts do so now before continuing.
How to become a real estate investor-Part 5 of 30- Sales Contracts
Becoming a full time real estate investor requires systems, checks and balances.
Here is a checklist that you should use to make sure you are doing things correctly and not leaving anything to chance.
Remember, ask for as much as you can as you can always back down but it is very difficult to renegotiate for more. Here is the list:
May 11th 2008
Do you know what a contract to purchase is and what is essential to include in it to make it legal and binding?
Why should you try to create your own contracts?
When should you use a standard contract?
There are several elements you should include in a contract such as:
 The
Ultimate Real Estate System-Click Here |
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