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Showing posts with the label real estate

The Switch

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If you're one of the four hardy souls who visit this abandoned dump on a regular basis, I can only assume you're suffering from Alzheimer's. Only someone without a memory could keep returning to read the same post day after day without update. If that's you, you've already read this yesterday. Now I can't even remember why I started this obnoxious site. I recall getting a little annoyed with BS real estate media reports. Something that may have been noticeable at one time or another. Initially, I had nothing more than mild contempt for the media. It has grown. It was fun for a while. People talked on forums. Came to visit. Occasionally left a comment. Even babes writing for respectable publications referenced me in their work. The impact had some Tasmanian media peeps actually being more measured in their spruiking. And fewer real estate goons were prepared to take ice-cold stats and pimp them in the media as scorching hot. Someone was watching. But why did it a...

100 ways to acquire real estate

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This is the best time to purchase real estate whether you are a first home buyer or an investor before the market turns around and properties start becoming unaffordable again. There are many different ways to acquire, finance and sell real estate whether you have cash or not. Having money helps you negotiate a better deal because you can close quicker and eliminate financing fees. The following are 100 ways to acquire real estate: One of the favorites for investors is for sale by owner (FSBO.) As a buyer you negotiate directly with the seller and are able to find out his needs thus getting a better price Having bird dogs that scout for properties for you to review and purchase and pay them a specific amount when the deal closes. These can be friends, fellow investors, neighbors and others Rental homes are another source of houses for sale. Most landlords are willing to sell a vacant property rather than wait to put another tenant in. Knocking on doors to ask owners if they are interes...

Shame Part Deux

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This weekend had been about rebranding this almost derelict blog. It was to rebirth as one of those delightful cheapskate efforts. You know the ones - where I'd offer handy hints, like dropping a brick in your crapper to save money on every flush. The real estate element wasn't being abandoned, just complemented, with neat ideas like how to get the most out of your underwear elastic. It won't be this weekend. The unsettled masses and Google detectives have seen to that. Our story begins as most of these narratives do, talent was needed to fill one of those tired and lazy morning after stories - home owner welcomes interest rate cut. Insipid space filler, but much loved by the real estate cabal. What better marketing tool than an earnest home owner letting slip how hefty their mortgage is and how they're better to be contributing to it, than renting or actually putting the numbers into a Casio. Normalise the behaviour and you'll get people thinking, "well if tha...

Shame

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If Jeff Bezos was prepared to outlay $250 million for The Washington Post, you begin to wonder what price for Tasmania's three venerable newspapers? On honesty, integrity and credibility alone I'd expect no less than two bags of Doritos and a bottle of Coke Zero Lime. While we've long been harangued with the plight of newspapers and their depression like operating environment, the weight of the excuse has become tiresome. Important facts in stories are continually viewed as dust to be swept under the nearest Persian. Pride in your efforts? No need. In two years time the jerk on the local news sausage maker will be fitting themselves out as a social media expert or whispering in the ear of your local MP on a daily basis. Alternatively, they'll still be in the same chook pen, churning out the same garbage, while bemoaning the state of the media on twitter each day. You go, girl! Hating the Rupert ethos, while still trudging into work for him? The equivalent of being tea-b...

Real Estate: A Free Guide to Sales and Essential Terms

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All you need to know about agents, listings, and home sales Real estate sales can be a confusing process for home buyers and sellers. Reading this brief article will help you understand the step-by-step process of a real estate transaction as well as the essential roles of real estate agents, brokers, and escrow professionals. Whether you are buying or selling a home or business, taking on a new mortgage, or looking to invest in real estate, you will be better equipped to succeed if you have good knowledge of the important terms and steps in a property sale. Real Estate: A Free Guide to Sales and Essential Terms Real estate sales can be a confusing process for home buyers and sellers. Reading this brief article will help you understand the step-by-step process of a real estate transaction as well as the essential roles of real estate agents, brokers, and escrow professionals. Whether you are buying or selling a home or business, taking on a mortgage, or looking to invest in real estate...

Marketing Your Real Estate Investing Business for "Guaranteed" Success

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Creating an amazing future buying and selling real estate for profit How to write compelling letter's and postcard's that get seller's and buyer's to respond immediately. This topic seems to be the most challenging for most investors. I know when I first started this was a big hurdle for me. So we’ll start out with finding leads. I don’t know about you, but I want sellers calling me with properties for sale. I didn’t want to be the one calling them. I hear about investor’s cold calling the FSBO’s (For Sale by Owners) in the newspaper. I personally would rather have my finger nails pulled off trying to cold call a potential seller in the newspaper.  I’m not saying that calling on the newspaper ads wouldn’t turn up a deal or two. What I’m getting at, is you need specific questions answered in order to find out if this is a deal. How many sellers that you contact from an ad in the newspaper would give you their loan balance? Not too many. But if they call you off your mark...

Real Estate Investing Education "Subject To"

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How to take over existing properties "Subject To" the existing loans How to get Amazing Results Buying and Selling Houses for Profit I want to walk through subject to investing just to make sure everyone understands that this is your best strategy for making money investing in real estate in today’s market. Ok, first off let me explain exactly, what is subject to. Subject to investing is taking over the existing loan without paying the underlying loan off. When we take over loans subject to, the loan stays in place and the seller stays on title until we’re able to sell it sometime in the near future. Now, most new investors will ask how can you take over an existing loan that way and leave it in the sellers name when all loans nowadays have a due on sale clause? I get asked all the time…Won’t the lender call the loan due? Well, my answer is they certainly can. Will the lender call the loan due? Not likely as long as the payments are being made. The banks don’t want houses the...

Protection

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When a newspaper croaks, a loyal and important servant to its community is lost. Or that's what the obituaries say. The truth is, a dead newspaper scarcely bears any resemblance to the mythical beast that will be lionised when the printing presses shut down and the plastic bag full of paper and ink stops landing on lawns each morning.  The Advocate, its death assured as a marsupial on a Tasmanian road at dusk, will be one of those lionised newspapers. It shouldn't be. The Advocate's turf is one of Australia's most economically disadvantaged electorates, something that goes hand in hand with low education levels. It's almost assured when The Advocate recycles a press release or culls stats to craft a story, the readership won't find themselves digging any deeper. Forget them trawling ABS spreadsheets for reality.  Sean Ford, senior journalist amongst a bunch of 12 year olds, knows this. He's The Advocate's "resident numbers man" (yep, that's...