One of the amazing features of Rehablist.com is the Hard Money section. The company understands that for people looking for hard money lenders, it is a very tiresome endeavor. Hard money lenders also feel the same when searching for hard money borrowers. Rehabhardmoney.com, Rehablist’s sister site, is the place where both parties come together.
Hard money loans are usually not obtained through banks. Such loans are from private lending institutions, which are hard to find these days. In Rehablist.com, borrowers will get free access to meet lenders and vice versa!
The site provides a point for lenders and borrowers to converge, thus making the whole process of hard money lending easier and more practical for both parties.
For investors who are eager to privately get hard money in the fastest way can get it right here. For borrowers, when they sign up for a FREE membership, bonus tutorials and reports about hard money loans are provided. A special report about using hard money for your own advantage and the mistakes that should be avoided when borrowing will be sent directly through your email. Plus, a tutorial video on how to get and use hard money the easy way awaits you.
For lenders who need more leads, Rehablist has it all. The site provides every tool for you to succeed in the business of hard money lending. The site gives you a chance to be the exclusive lender in your county. The competition is growing, so you have to step up, the company gives you the chance to do so.
The site has also created a learning center for visitors who might be interested in hard money lending. It also provides tutorials in the form of videos and written materials to for better understanding of the principles of hard money lending.
The site’s tutorials provide information on why lenders put on higher interest rates when it comes to hard money and what you can do about it. Hard money loans are pretty tricky, but with the right guidance, you will never lose your way.
Hard money loan is a form of an asset-based finance. The amount of the loan depends on the value of the real estate. It has a higher interest rate, given that it is a risky loan for lenders. This is a great way to get fast money to finance fix upper homes. In this case, the amount of the loan depends upon the value of the property after it is repaired, not before. This means that you’ll be getting a higher amount of loan to finance the works needed to be done on the property.
This is an ideal method for investors who are starting up on the business penniless. If you don’t have any money, but have a secured contract on a fix upper, you’ll be able to borrow thousands of dollars. Rehablist likes to think of it as an “access to capital.”
Investors and rehabbers, can mostly benefit from the information that the site provides. The site does not only offer opportunity but also a head start for those willing to take on the lucrative business of real estate investing. Visit them anytime at www.Rehablist.com to know more about the different services you can benefit from.
Showing posts with label fixer upper homes. Show all posts
Showing posts with label fixer upper homes. Show all posts
Tuesday, November 10, 2009
Inspecting Fixer Uppers Set For Rehabbing
If there’s a phase of rehabbing that you must be vary careful in, it’s during the inspection stage. This is where you check the property and ask yourself, “Will I reap profits from this house after I repair and sell it?” Some rehabbers even hire professional inspectors because they do not want to make a mistake during this stage.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
Labels:
fixer upper,
fixer upper homes,
real estate,
Rehab List,
rehabbing
Monday, November 9, 2009
Inspecting Fixer Uppers Set For Rehabbing
If there’s a phase of rehabbing that you must be vary careful in, it’s during the inspection stage. This is where you check the property and ask yourself, “Will I reap profits from this house after I repair and sell it?” Some rehabbers even hire professional inspectors because they do not want to make a mistake during this stage.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
In time, you will learn how to determine the profitability of a fixer upper home. You will develop this skill after a few rehabs but for beginners, here are some tips you might find useful. Remember, it wouldn’t hurt to know more when it comes to rehabbing houses. You can more information about this at RehabList.com. Just go to the Learning Center section of Rehab List and click articles. On to the tips:
Always be on the lookout for certain damages. When you buy a fixer upper, it is given that it needs repair. That’s the main reason why it’s called a fixer upper and why it is undervalued in the first place. But there are damages you must look out for as they can spoil your chances of raking home earning profits. These are called “structural repairs,” or repairs that are major and very expensive.
An example of a major repair that can wash away your dreams of huge rehabbing profits is the roof. If you aren’t too good at examining a house’s crowning glory, make sure you hire a professional. Don’t be shy to ask about how old the roof has been in place. A roof normally stays okay for around 20 years, depending of course on the material used. For example, a roof made from shingles must not be patched more than thrice. If it has undergone more than three patch-overs, then be wary. You might have to replace the whole roof and that will cost you a fortune.
The soil toxicity in the surroundings of the home is another major problem. So as a precaution, get the house’s engineering report from local authorities. The report will also tell you whether the property has been contaminated by mold. Mold equals expensive treatment.
If you know what to avoid, then you must know what to look for as well. Look for fixer upper homes that need only cosmetic repairs. Rehab List defines these are minor repairs that can boost a property’s value. Landscaping the yard, applying a new coat of paint, and replacing old lighting fixtures are examples of cosmetic repairs.
Learn more about rehabbing at Rehab List. It’s also where you’ll meet veteran and seasoned rehabbers, sellers, and even money lenders. Rehab List is the meeting place of everybody involved in the real estate business.
Labels:
fixer upper,
fixer upper homes,
real estate,
Rehab List,
rehabbing
Wednesday, November 4, 2009
Flipping Houses – A Handyman’s Work Of Love
Fixer upper homes are also known as handyman specials for a reason. This is because they are a source of income and satisfaction for a handyman.
A handyman, or someone who likes to make repairs himself and do various odd jobs, can flip houses for a living and as a hobby as well. Since the urge to fix something on your own is always there, repairing fixer uppers comes naturally for a handyman. That’s like being paid to do what you like doing. If that is the case, fixer uppers may also be called a work of love – a very profitable work of love.
But to earn more from doing their work of love, here are some tips handymen can follow whenever flipping houses:
Search for fixer upper homes that need only cosmetic repair. These are the homes that have unmaintained lawn, broken fences, and faded paint, among other “minor” repairs needed. If you’re a handyman, painting the house with a new coating will surely be a breeze. Make sure to clean the property before you open it for viewing.
Avoid houses that have structural problems. These are properties that will force you to change the roof, replace a concrete wall, among others. Such repairs, especially replacing the roof, are very costly and might eat up your budget for repairs. Remember, the less you spend, the better.
Check fixtures and replace them if necessary. A minor inconvenience like a broken bulb or a clogged sink can affect how a buyer will think of the property. Remember, you must convince your buyers that they can immediately move into the house and live these without hassles.
Lastly, go online and research more tips on flipping houses. Nothing beats being informed on what you’re doing. You can check RehabList.com and sign up as a member of the online network. RehabList has several articles tackling flipping houses and other forms of real estate investing. You can also click the Learning Center link, where you will find frequently asked questions and answers on what services and benefits you can get from the RehabList.com for free. You can also search for fixer uppers anywhere in the country through RehabList.
A handyman, or someone who likes to make repairs himself and do various odd jobs, can flip houses for a living and as a hobby as well. Since the urge to fix something on your own is always there, repairing fixer uppers comes naturally for a handyman. That’s like being paid to do what you like doing. If that is the case, fixer uppers may also be called a work of love – a very profitable work of love.
But to earn more from doing their work of love, here are some tips handymen can follow whenever flipping houses:
Search for fixer upper homes that need only cosmetic repair. These are the homes that have unmaintained lawn, broken fences, and faded paint, among other “minor” repairs needed. If you’re a handyman, painting the house with a new coating will surely be a breeze. Make sure to clean the property before you open it for viewing.
Avoid houses that have structural problems. These are properties that will force you to change the roof, replace a concrete wall, among others. Such repairs, especially replacing the roof, are very costly and might eat up your budget for repairs. Remember, the less you spend, the better.
Check fixtures and replace them if necessary. A minor inconvenience like a broken bulb or a clogged sink can affect how a buyer will think of the property. Remember, you must convince your buyers that they can immediately move into the house and live these without hassles.
Lastly, go online and research more tips on flipping houses. Nothing beats being informed on what you’re doing. You can check RehabList.com and sign up as a member of the online network. RehabList has several articles tackling flipping houses and other forms of real estate investing. You can also click the Learning Center link, where you will find frequently asked questions and answers on what services and benefits you can get from the RehabList.com for free. You can also search for fixer uppers anywhere in the country through RehabList.
Tuesday, October 27, 2009
Searching For Fixer Uppers The Easy Way
The flipping houses business is growing amid the recession. Many have already taken advantage of the opportunity to make money by buying fixer upper homes and reselling them after making some repairs. Many still want to join the trend and are starting to learn about flipping houses as well.
Problem is a lot are encountering difficulties finding properties to flip. If you are struggling in your search for fixer upper homes, you are not alone. This is one problem hindering many beginners in the business as they still do not have contacts. You can try making connections with local realtors, wholesalers, and fellow house rehabbers and then ask them to refer any fixer upper home to you.
Another way to find these properties is to “manually” look for them. You can try roaming neighborhoods you like. Be sure to take down the address of any property that interests you. List down some details about that house like “green fence” or “trees near front door.” These little details will help you find the properties faster when you go back to inquire about them.
You can also do the old fashioned way of scanning local newspapers and classified ads. You won’t have to leave home with this method although the properties you will find, of course, are limited. But if you really want to look for the best fixer uppers without leaving you desk, search for them online.
Go to, for example, RehabList.com, which has an online network of sellers who want to advertise their properties. These are collated in one always up-to-date listing which is accessible by Rehab List members. Subscription to the site is free and easy. All you need to do is go to RehabList.com and create a member log-in account.
Since Rehab List allows members to advertise investment properties for sale, you will be sure that you will find available fixer upper homes in your area. The web site is flocked by visitors who make such posting as the online advertisement is also free. Search fixer upper homes at RehabList.com today and start your flipping houses business the right way.
Problem is a lot are encountering difficulties finding properties to flip. If you are struggling in your search for fixer upper homes, you are not alone. This is one problem hindering many beginners in the business as they still do not have contacts. You can try making connections with local realtors, wholesalers, and fellow house rehabbers and then ask them to refer any fixer upper home to you.
Another way to find these properties is to “manually” look for them. You can try roaming neighborhoods you like. Be sure to take down the address of any property that interests you. List down some details about that house like “green fence” or “trees near front door.” These little details will help you find the properties faster when you go back to inquire about them.
You can also do the old fashioned way of scanning local newspapers and classified ads. You won’t have to leave home with this method although the properties you will find, of course, are limited. But if you really want to look for the best fixer uppers without leaving you desk, search for them online.
Go to, for example, RehabList.com, which has an online network of sellers who want to advertise their properties. These are collated in one always up-to-date listing which is accessible by Rehab List members. Subscription to the site is free and easy. All you need to do is go to RehabList.com and create a member log-in account.
Since Rehab List allows members to advertise investment properties for sale, you will be sure that you will find available fixer upper homes in your area. The web site is flocked by visitors who make such posting as the online advertisement is also free. Search fixer upper homes at RehabList.com today and start your flipping houses business the right way.
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