The smart money guide to long term investing

... her home sold as quickly as possible Grass-is-greener sellers stand in contrast to the financially distressed Whereas distressed owners sell on bargain terms or price to relieve themselves of pain, ... foreclosures hurts the lender s image with regulators and depresses its balance sheet with “reserves for bad debts,” lenders will frequently give investors good deals to take these pr...

Ngày tải lên: 14/08/2014, 11:21

... lead us tomorrow But electronic shopping for real estate (and mortgages) has made the MLS book as obsolete as a slide rule (For a listing of websites useful to real estate investors, see the Internet ... officials, foreclosure speculators, and others who are in the know about these types of sales Because these sales take place under less than ideal marketing methods, it s only...

Ngày tải lên: 14/08/2014, 11:21

... market conditions require savvy investors to treat their tenants as valued customers—not serfs Search for Competitive Advantage Most small investors mismanage their properties because they not intelligently ... Allocate reasonable amounts for replacement reserves Ask to see the sellers’ Schedule E where they have reported property revenues Ask for the sellers’ and expenses to the...

Ngày tải lên: 14/08/2014, 11:21

... this trap by taking several precautions: Check the accuracy of your assessed valuation Usually tax assessors base their tax calculations on a property s market value Look closely at the assessor s ... less Likewise (unless you’re sporting a halo), you’ll also want the larger pile Maybe this sounds crass, but that s the way most investors play the negotiating game Forget “what s...

Ngày tải lên: 14/08/2014, 11:21

... approval of the sellers Consent by the sellers shall not be arbitrarily withheld The sellers may want the right to approve your assignees just to satisfy themselves that the assignees possess the money ... lease such as: Residents agree not to create, generate, broadcast, or otherwise cause sounds or disturbances to emanate from them- Craft Your Lease to Increase Profits...

Ngày tải lên: 14/08/2014, 11:21

... beverages, and snacks If the tenants are new to the neighborhood, provide them a map and a list of nearby shops, stores, schools, services, and restaurants Rules and Regulations Do not simply ... Maintain the Property Process Move-Outs Smoothly Persistently Find Ways to Increase Your Cash Flow Keep Trading Up The 12 Secrets of Successful Landlording The 12 Secrets of Successful...

Ngày tải lên: 14/08/2014, 11:21

... The BEGINNER S Guide to REAL ESTATE INVESTING G A RY W E L D R E D , P h D John Wiley & Sons, Inc The BEGINNER S Guide to REAL ESTATE INVESTING The BEGINNER S Guide to REAL ESTATE INVESTING ... Bring in Partners 97 Second Mortgages 99 Personal Savings 10 0 Sell Unnecessary Assets 10 0 Down-Payment Assistance 10 1 Easy Money—Hard Terms 10 1 Use Cre...

Ngày tải lên: 14/08/2014, 11:21

... based on these selected characteristics, the scorer s mathematical formula assigns you a number Supposedly, this assessment accurately gauges the risks you present to the lender But it doesn’t ... and manage real estate By involving yourself directly in the real estate market, you will outearn passive investors in stocks by a long shot Nevertheless, as one more real esta...

Ngày tải lên: 14/08/2014, 11:21

... financial discipline, high leverage can push you into forerecklessness closure or bankruptcy Cash Reserves Foolish investors always view the future through rosecolored glasses These investors never ... repossess a car Today, though, many states have made it tougher for sellers to repossess properties Now, courts sometimes force contract-for-deed sellers to file a foreclosure lawsuit Buyer...

Ngày tải lên: 14/08/2014, 11:21

... accounts) You (or the sellers) promise to move much of your banking business to the lender Will these or any other reasons you can think of persuade the lender to grant its consent? Sometimes yes, sometimes ... owner The buyer then continues to make the payments to the lender on the same terms and interest rate that applied to the sellers Contrary to what some pe...

Ngày tải lên: 14/08/2014, 11:21

Ngày tải lên: 06/10/2014, 14:20

... month to help fund another investment (and another, and another, and another) The good news is that you can create this money by investing, working harder and/ or smarter, or you can create it by ... is the tool we need to obtain the things we really want We didn’t make up these rules, but they are the rules nonetheless At this point you’re probably saying to yourself...

Ngày tải lên: 21/06/2014, 09:20

... are the cash-on-cash return from the amount invested in the property The amount invested is the down payment, which is the number on the left-hand side of the chart The dollar figure under the ... oyster They believe that they can accomplish anything they set their minds to Best of all, they have the benefit of time to help make their dreams come true 5 ( , ( ( 6 $...

Ngày tải lên: 21/06/2014, 09:20

... subjects, not just real estate They can be tougher to locate but are worth the effort You can literally turn your daily commute into an education effort by using the time to listen to these audio educational ... head in the sand at the first sign of trouble Of course you need an educated stockbroker to help pick the right stocks, or a trained real estate profession...

Ngày tải lên: 21/06/2014, 09:20