More people signed contracts to purchase homes in September, an increase that likely points to rising sales in the closing months of 2016. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index rose 1.5 percent last month to 110.
Source: More Americans sign contacts in September to buy homes
Armed with vision and strong nerves, designer Alison Jennison saw past the faded green paint, wood paneling and fiber ceiling panels like many people had in elementary school to realize the full potential of this three-story Brooklyn, New York, townhouse.
Source: Houzz Tour: Brooklyn Townhouse Goes From Fixer to Fantastic (16 photos)
According to millennial Austin Hale, product manager for real estate investment software company Realeflow , “Millennials present an entirely new dynamic in the real estate market. [They’re] much more likely to rent, to congregate in urban areas, and to be cautious when taking on debt.”
Source: Four Ways Millennials Are Changing the Real Estate Industry
In this Wednesday, April 20, 2016, photo, real estate agent Lauren Newman, left, shows client Steve Martin, a home for sale in Mount Pleasant, S.C. On Tuesday, Oct. 25, 2016, the Standard & Poor’s/Case-Shiller 20-city home price index for August is released. less In this Wednesday, April 20, 2016, photo, real estate agent Lauren Newman, left, shows client Steve Martin, a home for sale in Mount Pleasant, S.C. On Tuesday, Oct. 25, 2016, the Standard & Poor’s/Case-Shiller … more WASHINGTON – U.S. home prices climbed at a solid pace in August as more home buyers competed for fewer available properties.
Source: US home prices rose in August, lifted by dwindling supply
In my own words, in this image released by AMC, Jeffrey Dean Morgan portrays Negan in a scene from the Season 7 premiere of “The Walking Dead.” The gory episode of the popular AMC drama was seen by just over 17 million viewers on Sunday night, the Nielsen company said.
The folks over at the Keeping Current Matters blog released a great INFOGRAPHIC with long awaited news for RE Investors.
Check out the full article at The KCM Blog
Without a doubt, there are tons of ways to market your real estate business. People find themselves in search of the most cost effective way to get the best result. The trick is getting your buck-to-bang ratio just right.The Postcard is my marketing piece of choice! It can be read by anyone and the intended recipients doesn’t need to open it. It offers instant gratification and to someone looking to make a transaction this is a welcomed start. The keys are:
Certainly this is not a free method, but a campaign can be scaled to match any budget. Everyone in our company has become expert marketers and data analysts. We can easily turn a $2,500 marketing investment into a 10x payoff. Using our integrated telephone and CRM systems, we can generate and manage 450 phone calls a week, port those calls into our system and qualify leads right from our cell phone. A well thought out mail campaign can jump start you from “thinking about getting into real estate” into a serious investor in no time at all.
Call us today to get you started. No tricks, games or guru gimmicks. 443-296-3062!
In the technology age they have a plethora of options to take automated payments instead of having to go to the residence of their renters. Automated payments reduce the likelihood of late rent by taking control of the payment schedule. Take the guess work out of when the money will arrive in your account. We’ve evaluated 3 popular services to take control of your rent collections, being PayPal, RAMSrent, and eRentPayment. To evaluate these three services there are five areas that need to be looked at which are, setup fee, monthly fee, transaction fee, whether they accept credit cards, and of course whether they do automated payments. (more…)
One of the driving mechanisms which contributed to the creation of this book, was the sheer number of people who inquired as to how we do what we do. They ask us to explain real estate and its many nuances and caveats in a twenty minute conversation or better yet in a series of emails. The best way to explain the real estate market from an investor standpoint, is to compare it to a casino.
Everyone is familiar with casinos from personal experience or movies etc. The image of a huge glitzy structure with movement and money whirling around is a great description of both a Casino and a Marketplace. The terms “market” and “Casino” are interchangeable and consist of many of the same parts. These parts include; a place to do business (either physical or virtual), the players, the games, the house, and management.
In the world of gambling and casinos there are huge physical structures to house the games. In real estate the city is your inventory, and the marketplace you create is virtual. We commerce, communicate and cultivate through email, text, fax and although we do meet face-to-face , from time-to-time, a great deal of interaction is done virtually. We created www.CashinMyhouse.net and www.Mdhomebuyerlist.com as our virtual market place. This was our first casino.
Blackjack! Ha when we think of casinos, we think; poker, slots, craps, and all the many games in which to make our fortunes, or lose our cash to an unrelenting “house”. The house is the casino and stays open 24 hours a day to give or take money, usually the later. Which game to play is the first question a gambler/investor must ask themselves. Each game has rules, barriers to entry, levels of math, and levels of experience. This is why one of the first games people learn to play is the slots. This is also consequently why the slots have the worst odds for you and the best odds for the house.
In real estate there many games such as ‘wholesaling, rehabbing-and –flipping, landlord/hold, notes, lease options, REO, HUD sales, tax sales. There is transactional funding, money lending, auctions, agents, and professional services. Obviously not every game is for everyone at all times. The better one gets at real estate, the more experience one acquires the more choices are available as to which games to play. In this book we focus on showing you how to make money using a technique called wholesaling.
This is the process of flipping the contract and never taking possession.
Of course in Vegas the Players those who have cash to temporarily investment in a game of chance for profit or loss. The main parts in any real estate transactions are the buyers and sellers. The buyers and sellers are comparable to the economic laws of ‘supply and demand’. In real estate, the main players are the buyers-and-sellers in any given deal. This is very straight forward and if you want to be a player. One must poise themselves in position of supply-and-demand or in other words a buyer-or-seller. This is not hard if have the funds but how can one become a member of the game/establishment if they don’t have any money to spend or houses to sell.
FIRST! The house in real estate is good ole Uncle Sam because he always gets his cut, and we can furthermore associate Uncle Sam with our local municipality. Know the rules in your area! There is no excuse for ignorance but there is a cure. Use websites or make phone calls but each game has it’s own rules.
The people who keep the casino/market place running are the professionals. These professionals are the banks, private money lenders, brokers, wholesalers, investors, title agents, inspectors, builder’s developers, and their likeness. Together the management is great at putting players together. For without players, there would be no game.
We obviously can’t teach everything at one time. Learning the wholesaling game will give you the base you need to move on to any of the other real estate casino games. The skills used in wholesaling are; project management, negotiating, researching, marketing, and hustling. You will also learn how to close deals with the help of your trusty title company. Additionally, many people love wholesaling because after the deal is done you get paid and move on. Most other techniques require more commitment, but consequently yields a bigger, risk vs. reward ratio. Learn our proven methods of how to make money the green group way.
… also known as “Do you have the number to a good masseuse?”
A few months ago we had the pleasure of completing a deal on a property in East Baltimore City. The house had good bones but due to a roof leak, every surface in the house needed repair. The buyer asked our crew to come in and install a custom bamboo flooring and we were happy to oblige.
The original floor with the original homeowner. The much needed rehab was a little more than she’d bargained for. The floor was as mix of concrete, plywood and potholes!
