|Real Estate Information|
Buying Real Estate Thats Not For Sale
Buying real estate can start with a look in the newspaper, a visit to a broker, or a search online. These are all good ways to find your next investment property. You're looking at the same properties as every other investor, of course, so it's not always easy to beat the competition to a great buy.
A better way to find good real estate investments is to look for properties that aren't yet for sale, and make an offer. I bought my first home this way. I put an ad in the paper stating what I was looking for, and soon had a call from an old couple that had been thinking about selling. I bought their place at a good price, and they saved a broker's commission.
Buying investment real estate that isn't for sale starts with a three step search process. First decide what you are looking for. Single family rentals or apartment buildings? Then start looking for properties that fit your criteria. Then contact the owners.
Buying Real Estate From Non-Sellers
Don't limit yourself to "fixer-uppers" or other "problem" properties that seem more likely to have owners willing to sell. Many owners of investment real estate have thought of selling, so you can start with almost any building you like. You never know beforehand if or why a landlord is ready to call it quits. You find out by asking.
Tact is necessary here. Call the owner and tell him you're an investor, not a broker. Let him know that you like what you see. Tell him you can have an offer ready in a week if he's interested. If he's not interested, thank him politely and hang up, but send him your card or a letter. Many investors have bought from owners that changed their minds.
If there is some interest, explain that you are an investor, so your offer will have to be based on your return on investment. This means you'll need to see the books. Specifically, you'll need to see the rent roll, listing the units and what they rent for, plus current occupancy, and operating expenses for the last year.
Have a confidentiallity agreement ready before you call. Let the owner know that you'll sign it and deliver it to him before you see the books. He may not want to let the tenants know he's thinking of selling, so inspecting the units may have to wait until you make an offer. Just make an acceptable inspection a contingency in the offer.
Why is buy investment properties this way? No competition and no sales commission means you may get a better price. Also, instead of waiting for that perfect property to be listed for sale, you just find it now. Why wait until it's for sale before buying real estate?
Steve Gillman has invested real estate for years. See a photo of a beautiful house he and his wife bought for $17,500 on his home page, or go straight to the section on Investing In Real Estate: http://www.HousesUnderFiftyThousand.com
The Pipeline: Commercial real estate roundup for 5.29.20 RichmondBizSense
Here's why some believe COVID-19 could be boost to rural real estate markets Record Searchlight
Real estate thought leader reflects on how Covid-19 has changed the industry - Charlotte Business Journal
Real estate thought leader reflects on how Covid-19 has changed the industry Charlotte Business Journal
Rebuilding America: Ohio real estate market recovery likely will take months, experts say - The Newark Advocate
Rebuilding America: Ohio real estate market recovery likely will take months, experts say The Newark Advocate
Hamilton County real estate transactions, May 21-27, 2020 Chattanooga Times Free Press
Triangle's commercial real estate market could recover faster than other cities post pandemic, experts say - WTVD-TV
Triangle's commercial real estate market could recover faster than other cities post pandemic, experts say WTVD-TV
Back to the drawing board: Reimaging commercial real estate development projects in Miami - South Florida Business Journal
Back to the drawing board: Reimaging commercial real estate development projects in Miami South Florida Business Journal
Nashville Commercial Real Estate Wrap-Up – May 2020 Commercial Property Executive
Miami County Real Estate Transactions Troy Daily News
Real Estate Transactions: May 29, 2020 The Recorder
Real Estate Corner | The Wave Wave of Long Island
Low interest rates and remote touring help real estate agents regain footing during pandemic - SouthCoastToday.com
Low interest rates and remote touring help real estate agents regain footing during pandemic SouthCoastToday.com
How to Underwrite Real Estate Acquisitions During Volatile Markets Commercial Property Executive
Portland real estate predictions: A summer spike in homes for sale, desire for a built-in hygiene station - OregonLive
Portland real estate predictions: A summer spike in homes for sale, desire for a built-in hygiene station OregonLive
Real estate market hasn't slowed, looks bright as Montana reopens Great Falls Tribune
Amid real estate turbulence, Adirondack brokers see upswing | News, Sports, Jobs - The Adirondack Daily Enterprise
Amid real estate turbulence, Adirondack brokers see upswing | News, Sports, Jobs The Adirondack Daily Enterprise
Rebuilding America: Local real estate agents say homes are still selling despite coronavirus - Lansing State Journal
Rebuilding America: Local real estate agents say homes are still selling despite coronavirus Lansing State Journal
Real estate tax hike withdrawn; Pa. covers school shortfall KYW Newsradio 1060
Public Record: Muskingum County real estate transfers Zanesville Times Recorder
Clayco development arm hires Chicago real estate veteran Jack Higgins Crain's Chicago Business
The real estate market is hot, even despite the Pandemic FOX21News.com
Real estate market to open up with increased interest from NYC buyers Poughkeepsie Journal
Genelle Deist Earns Prestigious CRS Designation for Real Estate - The Audubon County Advocate Journal
Genelle Deist Earns Prestigious CRS Designation for Real Estate The Audubon County Advocate Journal
Inside Real Estate Launches CORE Video, Giving kvCORE Users Powerful New Video Messaging Tools Powered by BombBomb - RisMedia.com
Inside Real Estate Launches CORE Video, Giving kvCORE Users Powerful New Video Messaging Tools Powered by BombBomb RisMedia.com
Rebuilding America: Palm Beach real estate agents expect busy summer by all indications - Palm Beach Post
Rebuilding America: Palm Beach real estate agents expect busy summer by all indications Palm Beach Post
BVK puts $324 million to European real estate debt fund Pensions & Investments
Real estate commissions: Who pays whom? Washington Post
Recent Commercial Real Estate Transactions The New York Times
Real-estate transactions: May 29, 2020 - News Peoria Journal Star
NY releases guidelines for offices, retail shops, real estate and other phase 2 businesses - syracuse.com
NY releases guidelines for offices, retail shops, real estate and other phase 2 businesses syracuse.com
Post-pandemic real estate market sees thinner housing stock, more buyers and more rules for showing - The Gardner News
Post-pandemic real estate market sees thinner housing stock, more buyers and more rules for showing The Gardner News
Low inventory drives high demand in Vermont's real estate market during coronavirus pandemic - Burlington Free Press
Low inventory drives high demand in Vermont's real estate market during coronavirus pandemic Burlington Free Press
Berkshire region real estate sales May 10-16, 2020 – The Berkshire Edge theberkshireedge.com
How the pandemic has changed the real estate market in Calhoun County Battle Creek Enquirer
Real estate market bouncing back from COVID-19 The Daily Telegram
Wichita businessman with $100M in real estate transactions joins J.P. Weigand & Sons - Wichita Business Journal
Wichita businessman with $100M in real estate transactions joins J.P. Weigand & Sons Wichita Business Journal
LandSearch Launches Real Estate Platform with over 400,000 Properties to Modernize Land Marketing - MarTech Series
LandSearch Launches Real Estate Platform with over 400,000 Properties to Modernize Land Marketing MarTech Series
Real Estate Transfers For May 21-27 The Chattanoogan
REAL ESTATE Hometown Focus
Low inventory, high demand. How long will real estate opportunity last?: Rebuilding America - The News Leader
Low inventory, high demand. How long will real estate opportunity last?: Rebuilding America The News Leader
[Webinar] McDermott Fundamentals Webinar Real Estate Fund - Roles Of The Actors In The (Real Estate) Fund Business - June 10th, 10:00 am - 11:00 am CEST - JD Supra
[Webinar] McDermott Fundamentals Webinar Real Estate Fund - Roles Of The Actors In The (Real Estate) Fund Business - June 10th, 10:00 am - 11:00 am CEST JD Supra
With mortgage rates low and safety measures in place, Athens real estate industry adjusts to pandemic - Online Athens
With mortgage rates low and safety measures in place, Athens real estate industry adjusts to pandemic Online Athens
Rebuilding America: San Angelo real estate continues to thrive, despite COVID-19 concerns - Standard-Times
Rebuilding America: San Angelo real estate continues to thrive, despite COVID-19 concerns Standard-Times
Alabamians refinancing, holding on to homes in tight real estate market Montgomery Advertiser
Ask a real estate pro: Now that we’re divorcing, what can I do to force the sale of our home? - South Florida - Sun Sentinel
Ask a real estate pro: Now that we’re divorcing, what can I do to force the sale of our home? - South Florida Sun Sentinel
An Overview Of Jersey's Commercial Real Estate Market During The Current Crisis – A Virtual Discussion - Real Estate and Construction - Jersey - Mondaq News Alerts
An Overview Of Jersey's Commercial Real Estate Market During The Current Crisis – A Virtual Discussion - Real Estate and Construction - Jersey Mondaq News Alerts
How COVID-19 has affected the local real estate market East Idaho News
How millennial real estate investors have shifted their strategy in response to the coronavirus pandemic - CNBC
How millennial real estate investors have shifted their strategy in response to the coronavirus pandemic CNBC
Tilman Fertitta warns of real estate bust on CNBC's 'Power Lunch' Houston Chronicle
Real estate sales going fast during coronavirus crisis Boston 25 News
How Unemployment - And Access to Credit - Are Impacting Real Estate Market: Northpointe's Levesque - GoLocalProv
How Unemployment - And Access to Credit - Are Impacting Real Estate Market: Northpointe's Levesque GoLocalProv
How will Covid-19 impact commercial real estate pricing in Charlotte? Here's what local pros say - Charlotte Business Journal
How will Covid-19 impact commercial real estate pricing in Charlotte? Here's what local pros say Charlotte Business Journal
Despite unemployment, Metro Detroit real estate market booming WDIV ClickOnDetroit
Real estate: The coming crash in commercial property Tahoe Daily Tribune
COVID-19 and its side effects have kept rural Pa. real estate agents busy - The Philadelphia Inquirer
COVID-19 and its side effects have kept rural Pa. real estate agents busy The Philadelphia Inquirer
New owner for Lewiston's Pamco Mill, new real estate office opens in Auburn Lewiston Sun Journal
RioCan Real Estate Investment Trust Schedules Date of Second Quarter 2020 Earnings Release, Conference Call and Webcast - GlobeNewswire
RioCan Real Estate Investment Trust Schedules Date of Second Quarter 2020 Earnings Release, Conference Call and Webcast GlobeNewswire
Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties, May 24, 2020 - masslive.com
Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties, May 24, 2020 masslive.com
House Hunting in Sweden: An Entire 62-Acre Village for $7.2 Million The New York Times
Selling Houses: Psychological Effects of Landscaping
Buyers think they care more about the inside of the house than the landscaping, but in reality, most buyers won't even get out of their car if the front landscaping lacks the promise of great details inside. Therefore, your landscaping needs to arouse buyers' expectations and entice them into viewing the inside of your home.
Termite and Moisture Damage Not Reported
I have done so many appraisals where I saw obvious damage that was not reported by the other inspectors. The first couple of times I thought it was just carelessness.
Real Estate Appraisal - Rental Properties
Real estate appraisal for rental properties isn't the same as for single family homes. If you were looking at a 24-unit building, it would be difficult to find similar ones nearby that have recently sold.
Escrow From a California Homeowners Perspective
The Escrow ProcessBoth Buyer and Seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. The Realtor submits Buyers and Sellers signed documents and Buyer's deposit money to be held by an independent neutral third party (Escrow).
Log Homes - What is the Log-Home Lifestyle?
Typical log home company advertisements in popular log home magazines talk about the "log home lifestyle" or "it's not just a home, it's a lifestyle." What does this mean? What is "the" log home lifestyle?It's often difficult to discuss the particulars of log home living without also talking about where the log home is located.
4 Dangers In Flipping Real Estate
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only.
Alicante to Mar Menor - You can Still Find Cheap Property in Spain
The Murcia region in Spain benefits from some of the most beautiful coastlines of Europe. Nowhere else will you find so many fascinating contrasts - with Spanish Mediterranean architecture, magnificent mountain ranges and beautiful long sandy beaches.
Home Sellers Warning for Young Families
If you're thinking about selling your home and moving up, do your homework before offering your home for sale. Read the following story to see what can happen to home sellers who don't do their math.
Good Tenants - Learn Twelve Ways Landlords Keep Them
Happy, Long-term Good Tenants Paying On TimeHow to Create a Win-Win Relationship for the Both of You!After you've found your tenants, how do you keep them? Establish a friendly, pleasant, business-like relationship with your tenants, so they'll want to renew again each year. By using one or a few ideas below, you will learn how to keep good tenants.
From Foreclosure to Forbearance - The Art of Negotiation
As an active real estate investor you probably already know that the most important phase of your investment is when you buy the property. Most of us are getting the bargains in the foreclosure market.
Notify Them When Youre Moving
One of your first steps, when you're getting ready to move, is to pick up a stack of change-of-address cards from the post office. Yes, old-fashioned go-by-snail post cards! You'll want to notify everyone in your address book and also.
Are You Profiting From O.P.P.?
Are you profiting from O.P.
How to Find and Buy a Bargain House with Little or No-Money Down
Real estate investors know how to make money buying distressed houses. Investors recognize that bargain houses offer the best way to make a return quickly.
What is Tax-Deferred Exchange?
Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate.Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying hefty taxes upon the sale of property.
Selling Houses: Design Psychology and Interior Colors
Interior colors are vitally important to selling your home quickly, and for more money. But you must always take your target market and selling season into account, using Design Psychology techniques, when choosing the colors for the inside of your home.
Real Estate Investors - Red Alert
How's the real estate marketing doing? Is the huge jump in home prices that is evident in some areas symptoms of a value bubble? Good questions, yes?Two things to keep in mind when surveying the market:1. All real estate is local,2.
Flipping or Fixing Houses for Profit
Many real estate investors make $5,000 to $10,000 or more by flipping houses. These investors buy a home from a distressed seller and resell it quickly for a profit.
Landlords Dance The FICO Fandango
Fair Isaac Corporation is the creator of the FICOcredit score that is used today by most lenders toevaluate consumer credit risk. FICO scores rangefrom a poor credit low of 500 to a best credit ratingof 850.
Take A Shotgun Approach
An effective real estate advertising strategy entails a 'shotgun' approach. A shotgun approach includes online internet ads, regular print ads in major real estate publications (AJC) of the property's location, as well as popular local area publications (Creative Loafing) and full use of real estate signs.
Think You Can't Afford Your Own Home, Think Again!
Do you have bad credit, no credit, filed a bankruptcy, have a ton of late pays, medical bills, or been through a divorce? Well, we have the perfect solution for you - Lease Purchasing your own home!What is Lease Purchasing?A Lease Purchase is a process that combines a basic rental lease with an agreement to purchase, or with an option to purchase the property. The Buyer (or Lease-Purchaser) pays to the seller a monthly payment that usually approximates a rental amount or a typical mortgage payment on the home.
|home | site map|
|© 2006 TIGER MEDIA|