Posted by William Vinson // November 12, 2015
Real estate investors who are clever know how to use the provisions of the Internal Revenue Section 1031 to make a property “exchange” that qualifies for a tax exemption. Using the provisions of the IRS rules under 1031 exchanges allows a real estate investor to make a similar investment in “like” property during a limited […]
Posted by William Vinson // November 4, 2015
Is it possible to make one million dollars in less than one hour? Yes, in a clever real estate deal this is possible. To construct a deal such as this requires two main components. The first component is to take contractual control over a property while using little to no money down. The control is […]
Posted by William Vinson // October 28, 2015
In the wonderful classic movie called “The Wizard of OZ,” there is a scarecrow, which is a man made from straw. His greatest wish is to have a brain, so he “could think thoughts than never have been thunk before.” Sometimes real estate investing makes use of “straw” persons. It may sound like a spy […]
Posted by William Vinson // October 21, 2015
Building up a real estate portfolio of rental properties is a great way to increase net worth and to create ongoing income. The goal in managing rental properties is to find stable long-term tenants, minimize the expense of preparing a rental property for a new tenant, and keep the rental properties occupied. There are, however, […]
Posted by William Vinson // October 15, 2015
“Flipping” properties is a method of buying properties at a price below market value, renovating the properties, and then selling them for a profit. Most real estate investors who enjoy this method of flipping properties usually have some carpentry and construction skills or they create a partnership with someone who does. The reason for this […]
Posted by William Vinson // October 8, 2015
To understand how commissions are paid in real estate deals it is important to know the terminology and the meanings of those terms. Let us start there. Here are the common terms and their definitions: Real Estate Agent – A real estate agent has a within license a state with authorization to represent buyers and […]
Posted by Travis Rolfe // October 1, 2015
Title companies are the best source for the most up-to-date information about real estate transactions. Make friends with all the staff and make friends in all the title companies possible. The staff cannot give the private information because that violates the law. Nevertheless, they can chat about trends in general terms, especially where they are […]
Posted by Travis Rolfe // September 28, 2015
Private lending offers excellent opportunities and presents many unique challenges. With traditional bank CDs offering abysmal interest rates that have not gone over 2% for about a decade, many long-term investors are attracted by the return of 5% of higher and sometimes 10% or higher by being a private investor. When it is a hard […]
Posted by Travis Rolfe // September 16, 2015
Hard money loans consider the value in the property itself. There is little or no concern about the credit worthiness of the applicant. Sometimes some hard money lenders do not even bother to run a credit report on the person applying for the loan. Bad Credit History is Not Important The hard money lender looks […]
Posted by Travis Rolfe // September 10, 2015
Everyone that owns a home is a real estate investor. In fact, for many people the investment in owning a home is the largest investment they may ever make. However, other clever individuals take real estate investing further and some make a career out of becoming a real estate investor. Some of the most popular […]