Personal Letters - working wonders!
Posted by admin in News
Matt Cutts is better known for being the inside guy at Google that webmasters listen too so I never expected to see comments about flipping on his blog 
Well, not really comments but he talks about someone who received this letter:
Dear (name)
My name is David, my wife is Jennifer. We would like to buy your house at (address). Please call me @ 408-772-0507.Sincerely,
David Jan
It appears, because the guy is talked about all over the web (all the more so now that Matt has waded in), that he isn’t buying for his own use, but he’s flipping houses. I’d be interested in knowing the return on the time invested in this approach? Is it worthwhile?
We’ve done a letterbox drop with printed messages for the house we currently live in but not for a flip or investment property.
7 Secrets to Enormously Profitable Real Estate Investing
Posted by admin in Property Investment
Knowing how to negotiate and close a deal is one thing. Being able to structure different types of transactions and think on your feet when in front of a seller is quite another. You need to become a transaction engineer so whatever comes your way you can handle. Here are some examples to work from and build your real estate portfolio. Read the rest of this entry »
Looking to Make A Good Real Estate Investment
Posted by admin in Property Investment
If you are looking for low-priced commercial property for sale, Houston might not be your best bet. However, if you are looking to make a good real estate investment or buy premises that will really allow your business to grow and give you access to all of the clients you want, then you should definitely be looking at the commercial real estate Houston, Texas has to offer.
One of the things that has contributed sharply to the growth in the Houston property market is simply the fact that it has not slowed down as much as many other local property markets! Read the rest of this entry »
Problems vs Profitability - A Guide to Flipping Houses
Posted by admin in How To Flip
Like so many people who dream of securing a good income in the real estate business, I got my feet wet (actually, almost drown.) in the house flipping business. I was inexperienced and more than likely made all the mistakes that could have been made.
In early 2006 my sister Sarah, who was a new real estate agent at the time, convinced me to buy an old 1930’s fixer upper home for $38,000. The price certainly seemed right and I could see the potential in the old home. Read the rest of this entry »
Purchase Options
Posted by admin in Property Investment
How to Control Property without Ownership, Minimal Cash, and No Credit
It’s time to learn how to use your brain, not your bank account, to take control of a property and make money from it without ever actually buying it. Options are a smart and simple way to control property–especially high priced real estate–with little or no cash. Options can generate lump sum profits, longer-term cash flow, or both — it’s all in how you structure the deal. Read the rest of this entry »
Closing A Commercial Mortgage The Easy Way
Posted by admin in Property Investment
‘Time is Money’ it’s an old adage. Good timing can also amount to the same thing. Taking action at the right time can make all the difference between an easy commercial mortgage transaction and a major headache of stress and panic. In between the lenders offer and the commitment consider undertaking what you can to ease your commercial mortgage deal by anticipating and dealing with any problems or hiccups that may occur.
Try to intercept any future problems or anticipate extra work that could stall your commercial mortgage deal at the critical moment. If you take a little time to consider what is required you should be able to deal with them one by one in plenty of time. Once you have agreed to an offer from a lender and you are waiting for the commitment you should go ahead and run the title searches. The title work can be ordered by your real estate attorney from any number of companies that will risk loosing their title search fee if the commercial mortgage deal doesn’t go through. Read the rest of this entry »
Real Estate Investing For Mid-Term Profits
Posted by admin in Property Investment
Just as short-term and long-term real estate profit goals tend to lend themselves to specific types of opportunities, so do mid-term investments. Fort most real estate entrepreneurs, “mid-term” investments generally last between 2 to 5 years. This period provides adequate time to for appropriate property investments to fully mature. The ability to take the requisite time is necessary to fully reap the profit potential of certain properties and investment types. The most common investments for this time range include: Read the rest of this entry »
Investing in Land - Now is the Best Time in Years
Posted by admin in Property Investment
Of all the investments I have made in real estate over the last 30 years, raw land has always given me the best return. Ive fixed up single-family rentals, I have owned apartments and have built many spec homes. Dollar for dollar, however, raw land has always yielded exceptional returns for my investors and me. Read the rest of this entry »
Foreclosures - The Unfortunate Goldmine
Posted by admin in Property Investment
Foreclosures are at an all time high in the US today. Millions of people find it harder and harder to stay ahead on their bills, and thus end up falling behind on their house payment too. Foreclosures are an unfortunate thing for the home owner, but they can be a gold mine for the seasoned investor.
How Soon Can A Foreclosure Happen?
Technically the lender or bank can start foreclosure proceedings after just one missed payment. Read the rest of this entry »
Flipping HUD Foreclosures
Posted by admin in How To Flip
Those who want to invest in real estate often get excited by HUD foreclosures, thinking that they are going to buy a house for half of what it’s worth. Real estate investors know that this isn’t too likely. However, there are opportunities for flipping these houses for a profit, so lets see where.
HUD foreclosures are homes that had loans on them guaranteed by the Department of Housing and Urban Development. When owners default, they lose the house. HUD pays off the bank and takes possession of the home, which they try to sell for market value. Read the rest of this entry »