I'm not normally much of a Will Farrell fan, but this had me laughing hard! It's a video with sound & curse words...maybe best with headphones or at home away from kids.
Will Farrell meets with his landlord
Frankly, I think he's a lot funnier when he keeps his clothes on (which, fortunately, he does in this video).
Enjoy!
Wednesday, February 27, 2008
Wholesale properties available
I'm working on a number of wholesale deals right now and am accepting investors who want to join my buyer list. These deals typically have AT LEAST 40% equity and some of them need little to no rehab. They are primarily single family homes, with some duplexes, 3-plexes, 4-plexes and townhouses. I may occasionally do a condo if the numbers are really good, but I tend to avoid those since the options for increasing condo value are more limited than with other types of properties.
Let me know, as specifically as you can, what kinds of properties you want so that I don't waste your time or mine calling you about a property that doesn't fit your criteria.
You can visit www.creatingrealestateinvestors.com for my contact info.
One example property is available now:
Large 2-story Decatur Townhouse for sale CHEAP!
Price: $50,000
Great investor property in an Atlanta suburb
Comps range from $91K - $114K
That means you can buy this property for 44% - 55% of its value: get over $40,000 in instant equity!
Convenient to I-20 and I-285
Over 1600 Sq. ft. with Fireplace
2 BR / 2.5 BA
Carpeted floors
Reserved parking
Near lake, golf course / country club (but not so close you’d get broken windows from errant golf balls!)
I can also refer you to a good property manager if you'd like.
Let me know, as specifically as you can, what kinds of properties you want so that I don't waste your time or mine calling you about a property that doesn't fit your criteria.
You can visit www.creatingrealestateinvestors.com for my contact info.
One example property is available now:
Large 2-story Decatur Townhouse for sale CHEAP!
Price: $50,000
Great investor property in an Atlanta suburb
Comps range from $91K - $114K
That means you can buy this property for 44% - 55% of its value: get over $40,000 in instant equity!
Convenient to I-20 and I-285
Over 1600 Sq. ft. with Fireplace
2 BR / 2.5 BA
Carpeted floors
Reserved parking
Near lake, golf course / country club (but not so close you’d get broken windows from errant golf balls!)
I can also refer you to a good property manager if you'd like.
Friday, February 8, 2008
Most and least expensive rental markets in the US
Here's more from Forbes.com - 2 slideshows profiling the most expensive and the least expensive rental markets in larger U.S. cities. Both slideshows are dated January, 2008, so this is pretty current information.
First, the most expensive rental markets.
Now for the least expensive rental markets.
For beginning investors, this can be a useful learning tool, since they also outline a few of the factors that impact the rental market. You can apply this to your own local market to gain a better understanding of it. Then adjust your investment strategy accordingly, so as to help maximize your profits.
To your success,
David
www.creatingrealestateinvestors.com
First, the most expensive rental markets.
Now for the least expensive rental markets.
For beginning investors, this can be a useful learning tool, since they also outline a few of the factors that impact the rental market. You can apply this to your own local market to gain a better understanding of it. Then adjust your investment strategy accordingly, so as to help maximize your profits.
To your success,
David
www.creatingrealestateinvestors.com
Homes of the Mega-Rich
Here's a slide show from Forbes.com briefly profiling homes of several billionaires, including the homes of Mark Cuban, Michael Dell, Larry Ellison, Bill Gates (who wouldn't want a 60-foot pool with an underwater sound system?), Oprah Winfrey, Stephen Spielberg, David Geffen, and more.
Billionaire Homes slideshow
You can either stand in awe of these beautiful houses or use them as a motivational tool to help you get to the point where you can have your own...
Billionaire Homes slideshow
You can either stand in awe of these beautiful houses or use them as a motivational tool to help you get to the point where you can have your own...
Thursday, February 7, 2008
REIT overview video
Another way to invest in real estate is through a REIT (pronounced "reet", rhymes with "beet"), or Real Estate Investment Trust.
There is a 30 minute video here that is an introduction to a specific REIT, meant to solicit investors in this particular REIT, but it also provides a good overview of what a REIT is, what some of the regulations are, tax issues & benefits of REITs, and more.
Enjoy!
(Disclosure: I have no financial interest in this REIT, and am providing this link as information, not to solicit your investment. I have no personal or business connections to Shopoff Securities and this is not meant to be considered personal financial advice. Before investing in this or any investment trust, consult with your financial / tax advisor for advice to your particular situation.)
To your success,
Dave
www.creatingrealestateinvestors.com
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
There is a 30 minute video here that is an introduction to a specific REIT, meant to solicit investors in this particular REIT, but it also provides a good overview of what a REIT is, what some of the regulations are, tax issues & benefits of REITs, and more.
Enjoy!
(Disclosure: I have no financial interest in this REIT, and am providing this link as information, not to solicit your investment. I have no personal or business connections to Shopoff Securities and this is not meant to be considered personal financial advice. Before investing in this or any investment trust, consult with your financial / tax advisor for advice to your particular situation.)
To your success,
Dave
www.creatingrealestateinvestors.com
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
Real Estate Investing Podcast
Here's an interesting site. It's geared towards real estate investors, both beginners and seasoned professional investors. One cool thing is that there is a podcast where you can subscribe for free and automatically have audios sent to your iTunes or RSS feed.
www.getrealrei.com
To your success,
Dave
www.creatingrealestateinvestors.com
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
www.getrealrei.com
To your success,
Dave
www.creatingrealestateinvestors.com
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
Labels:
real estate investing,
real estate podcast
Wednesday, February 6, 2008
Outsourcing for Success in Real Estate Investing
I found this interesting article on Early To Rise, an ezine to which I subscribe. It has some good points on successfully investing in real estate.
"When small and mid-size businesses outsource work, it allows them to focus more on their core competencies. In many cases, this approach to outsourcing is a smart way for businesses to add value to their operations."
Nancy Pechloff
Outsource and Income: Using Specialists to Accelerate Your Real Estate Success
By Dave Lindahl
Real estate investing is much more than finding and buying the property. There’s more to do once the deal is completed - and you may own (and have to take care of) the property for months, and more often for years. Certainly you don’t want another job or obligation in your life. That’s why real estate investing appealed to you to begin with! So to get that free time and passive income you dreamed of when you got into real estate, outsource the jobs you don’t want to do.
In fact, if you work with a realtor or mortgage broker, you may already know some of the people who can help you.
Don’t forget that, as a real estate investor, you’re the CEO of your own company. CEOs don’t do the work - they hire specialists to get it done. Your job is to oversee it all, to manage your real estate investing portfolio… not to fill out landlord forms, chase tenants, mow lawns, and collect rents. And your favorite job will be to take checks to the bank (a task you’ll never want to outsource!).
The rest of the article is here: http://www.earlytorise.com/2007/08/07/outsource-and-income.html#main
Key points:
Step 1. Expand your geographic investing area.
Step 2. Find specialists for all aspects and all phases of the work.
Step 3. Use real estate investor courses to learn fast and learn right.
These are all keys to successful investing in real estate.
The bottom line is that you're going to pay for your education as an investor one way or another. Whether it's making mistakes that you end up learning from, or paying for it through a quality educational program, or some combination of both.
One crucial thing to bear in mind is that last year, over 500 Million dollars were spent on real estate investor education. The sad truth is that with most of these courses, very few people actually achieve results. That may be because a course might be missing something, it takes more time than the pitch says to make it work, a lack of money or credit, or the number one reason why people fail to act: FEAR.
So you need more than just a course or two, or a weekend bootcamp, to kick-start your investing. You definitely need the education, but you also need properties, income, and a community or network of people to help you succeed. I've only found one company that offers all this: go to www.creatingrealestateinvestors.com for more information.
"When small and mid-size businesses outsource work, it allows them to focus more on their core competencies. In many cases, this approach to outsourcing is a smart way for businesses to add value to their operations."
Nancy Pechloff
Outsource and Income: Using Specialists to Accelerate Your Real Estate Success
By Dave Lindahl
Real estate investing is much more than finding and buying the property. There’s more to do once the deal is completed - and you may own (and have to take care of) the property for months, and more often for years. Certainly you don’t want another job or obligation in your life. That’s why real estate investing appealed to you to begin with! So to get that free time and passive income you dreamed of when you got into real estate, outsource the jobs you don’t want to do.
In fact, if you work with a realtor or mortgage broker, you may already know some of the people who can help you.
Don’t forget that, as a real estate investor, you’re the CEO of your own company. CEOs don’t do the work - they hire specialists to get it done. Your job is to oversee it all, to manage your real estate investing portfolio… not to fill out landlord forms, chase tenants, mow lawns, and collect rents. And your favorite job will be to take checks to the bank (a task you’ll never want to outsource!).
The rest of the article is here: http://www.earlytorise.com/2007/08/07/outsource-and-income.html#main
Key points:
Step 1. Expand your geographic investing area.
Step 2. Find specialists for all aspects and all phases of the work.
Step 3. Use real estate investor courses to learn fast and learn right.
These are all keys to successful investing in real estate.
The bottom line is that you're going to pay for your education as an investor one way or another. Whether it's making mistakes that you end up learning from, or paying for it through a quality educational program, or some combination of both.
One crucial thing to bear in mind is that last year, over 500 Million dollars were spent on real estate investor education. The sad truth is that with most of these courses, very few people actually achieve results. That may be because a course might be missing something, it takes more time than the pitch says to make it work, a lack of money or credit, or the number one reason why people fail to act: FEAR.
So you need more than just a course or two, or a weekend bootcamp, to kick-start your investing. You definitely need the education, but you also need properties, income, and a community or network of people to help you succeed. I've only found one company that offers all this: go to www.creatingrealestateinvestors.com for more information.
Tuesday, February 5, 2008
Click a mouse and buy a house?
Have you thought about buying investment properties online, without ever going to see the property for yourself? Sounds crazy, no?
Well that's exactly what thousands of Nouveau Riche community members are doing through the Investor Concierge™, a service provided by The Real Market Experts Franchise, Inc.™ exclusively to customers of the Nouveau Riche Corporation.
How does it work? RME (Real Market Experts) is a franchise with several locations across the US, and they are in business to find properties for Nouveau Riche investors. They'll find the property, detail a recommended funding strategy for that particular property, will fix the property (if it needs it, which many don't), tenant the property for you, and manage it for you. And all this without you ever having to go see the property! They do provide LOTS of photos of the property itself, the street views, surrounding neighborhood, and so on. Talk about a hands-off investing strategy!
Many people are worried about buying online...particularly houses. Just think...10 years ago almost no one bought stocks online - now who hasn't heard of e*Trade (they also had some of the funniest commercials during Superbowl XLII)? I saw a billboard recently for eBay Motors, saying they sell a car a minute online! So properties are a logical progression, particularly with the abundance of online tools that can help you conduct your due diligence. For example, Google Earth is one site where you can get a satellite view of pretty much anywhere on the planet.
RME chose a franchise model for one reason - consumer protection. Franchises are regulated by state and federal agencies, such as the FTC. RME franchises are run by licensed real estate professionals and are regularly audited by an SEC-licensed firm.
The catch? Well, the only one I can think of is that you have to be a Nouveau Riche community member...but that's not exactly a "catch" in my opinion. There are just so many benefits to NRU that I can't explain them all in one blog post (disclosure: I am also a registered ISA, or Independent Student Advisor, authorized to market Nouveau Riche's investor education). I personally know lots of people who have bought properties through the Investor Concierge and have had 100% positive experiences.
To find out more, go to www.investorconcierge.com. You can click the "guest" button on the right to see how it works and to see actual properties that have been sold through this site.
You can then go to www.creatingrealestateinvestors.com to find out more about how to get started if this is what you've been looking for.
To your success,
David
http://www.creatingrealestateinvestors.com/
Well that's exactly what thousands of Nouveau Riche community members are doing through the Investor Concierge™, a service provided by The Real Market Experts Franchise, Inc.™ exclusively to customers of the Nouveau Riche Corporation.
How does it work? RME (Real Market Experts) is a franchise with several locations across the US, and they are in business to find properties for Nouveau Riche investors. They'll find the property, detail a recommended funding strategy for that particular property, will fix the property (if it needs it, which many don't), tenant the property for you, and manage it for you. And all this without you ever having to go see the property! They do provide LOTS of photos of the property itself, the street views, surrounding neighborhood, and so on. Talk about a hands-off investing strategy!
Many people are worried about buying online...particularly houses. Just think...10 years ago almost no one bought stocks online - now who hasn't heard of e*Trade (they also had some of the funniest commercials during Superbowl XLII)? I saw a billboard recently for eBay Motors, saying they sell a car a minute online! So properties are a logical progression, particularly with the abundance of online tools that can help you conduct your due diligence. For example, Google Earth is one site where you can get a satellite view of pretty much anywhere on the planet.
RME chose a franchise model for one reason - consumer protection. Franchises are regulated by state and federal agencies, such as the FTC. RME franchises are run by licensed real estate professionals and are regularly audited by an SEC-licensed firm.
The catch? Well, the only one I can think of is that you have to be a Nouveau Riche community member...but that's not exactly a "catch" in my opinion. There are just so many benefits to NRU that I can't explain them all in one blog post (disclosure: I am also a registered ISA, or Independent Student Advisor, authorized to market Nouveau Riche's investor education). I personally know lots of people who have bought properties through the Investor Concierge and have had 100% positive experiences.
To find out more, go to www.investorconcierge.com. You can click the "guest" button on the right to see how it works and to see actual properties that have been sold through this site.
You can then go to www.creatingrealestateinvestors.com to find out more about how to get started if this is what you've been looking for.
To your success,
David
http://www.creatingrealestateinvestors.com/
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