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Friday, October 30, 2009
Wednesday, October 28, 2009
Preparing Your Fixer Upper For An Open House
You’ve been contacted by a buyer interested in your fixer upper. Your house probably needs repair you couldn’t actually fund and that’s one reason why you’re selling it. That doesn’t mean though that you can’t do anything to improve the overall appeal of your property and somehow raise its value a bit. You can follow easy steps that will surely make your house more presentable when inspected by rehabbers, or those who are in the business of flipping houses.
1. Clear the way. Cleaning outdoors before an expected open house might give you some body ache but it surely won’t hurt your chances of selling your property. Trim your lawn and sweep the pathway to your door. The buyer must be enticed to enter your home by literally clearing the way for him. Towering grass, meanwhile, is a sign of poor maintenance and this could lessen your property’s value. Think of this step as making a good impression.
2. Clean the area closest to your front door. Some studies suggest that buyers decide on getting the property they are checking 30 seconds within entering a house. This means that the area adjacent to your front door, or at least where your feet can take you in 30 seconds, must be neat and tidy. This doesn’t mean you can leave the rest of your fixer upper in total disarray. The buyer is buying the whole house, not just your living room.
3. Strip the bathroom naked. The bathroom is where toiletries and personal stuff of owners are located. Remove all of these during the inspection. Make sure your buyer will be able to imagine himself living in the house. Do that by leaving the bathroom empty. In fact, you can “depersonalize” other rooms in your house. What you can pack in boxes, you should store. Hide family photos, pictures frames, and albums. You wouldn’t want to make your buyer feel that he is taking away your property.
Follow these steps and your fixer upper will be bound for some appreciation. Make sure buyers and rehabbers find your find your property by listing it online. RehabList.com is a good avenue to advertise your house as it is visited by scores of wholesalers and people involved with flipping houses. RehabList also offers this service for FREE. Owners must create a RehabList.com log in account to access this service and more. Check out how RehabList can help you sell that undervalued property at a higher value by visiting RehabList.com today.
1. Clear the way. Cleaning outdoors before an expected open house might give you some body ache but it surely won’t hurt your chances of selling your property. Trim your lawn and sweep the pathway to your door. The buyer must be enticed to enter your home by literally clearing the way for him. Towering grass, meanwhile, is a sign of poor maintenance and this could lessen your property’s value. Think of this step as making a good impression.
2. Clean the area closest to your front door. Some studies suggest that buyers decide on getting the property they are checking 30 seconds within entering a house. This means that the area adjacent to your front door, or at least where your feet can take you in 30 seconds, must be neat and tidy. This doesn’t mean you can leave the rest of your fixer upper in total disarray. The buyer is buying the whole house, not just your living room.
3. Strip the bathroom naked. The bathroom is where toiletries and personal stuff of owners are located. Remove all of these during the inspection. Make sure your buyer will be able to imagine himself living in the house. Do that by leaving the bathroom empty. In fact, you can “depersonalize” other rooms in your house. What you can pack in boxes, you should store. Hide family photos, pictures frames, and albums. You wouldn’t want to make your buyer feel that he is taking away your property.
Follow these steps and your fixer upper will be bound for some appreciation. Make sure buyers and rehabbers find your find your property by listing it online. RehabList.com is a good avenue to advertise your house as it is visited by scores of wholesalers and people involved with flipping houses. RehabList also offers this service for FREE. Owners must create a RehabList.com log in account to access this service and more. Check out how RehabList can help you sell that undervalued property at a higher value by visiting RehabList.com today.
Make Money Flipping Houses
Reality television shows such as TLC’s “Flip That House” and A&E’s “Flip This House” has generated popularity for flipping houses. Flipping houses can generate wealth as many have seen on their TV screens. However, many are still hesitant on whether this method can work during this time.
It’s pretty obvious how one can reap a huge fortune out of flipping houses. The income can be pretty tempting, but before you delve right into the business, you must first have proficient knowledge about it. Here are some tips to get you started:
First, you must know what kind of property you want to focus on. This includes the kinds of properties that would typically sell in your chosen market area. Research on other properties for sale in the area and know how much they are worth.
Consider homes that have been neglected or undervalued. These properties may be really cheap but that doesn’t mean they are not good quality. You’ll know how bad it looks or how much you will have to spend in upgrading it through thorough inspection. Choose a property that needs only minor repairs. Also, location is a very important factor in choosing a house to flip. Check if the property is in a good setting.
In remodeling a property, you can get an idea through the properties you see in your area. Focus on the vital parts of the house such as the living room and the kitchen. A clean and modern feel of the house will always grab the attention of potential buyers.
One common mistake most realtors make is rushing the remodeling process. The secret to making a property look good is not how much you spend on it for the upgrades. Instead, the key is using your time creatively and wisely. Think of new and innovative ways to make the property more attractive.
For more information about flipping houses for a living, visit Rehablist.com today. The site specializes in transforming old houses into new homes. Tutorials and instructional videos on the procedures in house flipping are provided. If you want to learn and master the “Art of Flipping Houses”, this is the place where you should be.
It’s pretty obvious how one can reap a huge fortune out of flipping houses. The income can be pretty tempting, but before you delve right into the business, you must first have proficient knowledge about it. Here are some tips to get you started:
First, you must know what kind of property you want to focus on. This includes the kinds of properties that would typically sell in your chosen market area. Research on other properties for sale in the area and know how much they are worth.
Consider homes that have been neglected or undervalued. These properties may be really cheap but that doesn’t mean they are not good quality. You’ll know how bad it looks or how much you will have to spend in upgrading it through thorough inspection. Choose a property that needs only minor repairs. Also, location is a very important factor in choosing a house to flip. Check if the property is in a good setting.
In remodeling a property, you can get an idea through the properties you see in your area. Focus on the vital parts of the house such as the living room and the kitchen. A clean and modern feel of the house will always grab the attention of potential buyers.
One common mistake most realtors make is rushing the remodeling process. The secret to making a property look good is not how much you spend on it for the upgrades. Instead, the key is using your time creatively and wisely. Think of new and innovative ways to make the property more attractive.
For more information about flipping houses for a living, visit Rehablist.com today. The site specializes in transforming old houses into new homes. Tutorials and instructional videos on the procedures in house flipping are provided. If you want to learn and master the “Art of Flipping Houses”, this is the place where you should be.
Mistakes to be Avoided in Flipping Houses
A lot of investors have been making waves in the real estate industry by flipping houses. Many might have seen how this all works through reality television shows such as A&E’s “Flip This House” and TLC’s “Flip That House.”
If you haven’t seen these shows yet, it simply features a team purchasing and renovating a single property. Each episode showed listing the price of the purchase, the cost of renovation, and the market value (including potential profit) of the property that was flipped.
Flipping houses is a method of real estate investing that involves the process of buying a house and quickly selling it hopefully for a profit.
It might look pretty easy on your TV screens, but before you start flipping houses, take a look at some mistakes that you should avoid in the future.
Here are some boo-boos most investors make that make flipping houses a failure.
• Lack of Patience. In real estate investing, rushing will get you nowhere. Learn to wait for the right timing to come. Take your time in choosing for the right property. Experts understand that the whole process takes time and a lot of thinking.
• Lack of Research. Whatever you do don’t get into the war empty-handed. Arm yourself with the right knowledge in flipping houses. One wrong move and you might lose everything. Research on the specific market you want to focus on. Observe other investors and learn from them. Attend real estate investment club meeting and seminars, you’ll get lots of information there.
• Impulsive buying. Do not fall in love instantly on a specific property. Make sure that you have researched on the property before settling on it. This is one of the biggest mistakes you can ever make. Do not limit yourself to only a small amount of properties, widen your horizons and options.
There are lots of opportunities in real estate investing, if you avoid making these mistakes, you could be well on your way to making lots of money. Visiting Rehablist.com to get more tips on flipping houses for a living would surely help. The site specializes in different methods of real estate investing and offers a wide range of tools to help investors succeed in their venture.
If you haven’t seen these shows yet, it simply features a team purchasing and renovating a single property. Each episode showed listing the price of the purchase, the cost of renovation, and the market value (including potential profit) of the property that was flipped.
Flipping houses is a method of real estate investing that involves the process of buying a house and quickly selling it hopefully for a profit.
It might look pretty easy on your TV screens, but before you start flipping houses, take a look at some mistakes that you should avoid in the future.
Here are some boo-boos most investors make that make flipping houses a failure.
• Lack of Patience. In real estate investing, rushing will get you nowhere. Learn to wait for the right timing to come. Take your time in choosing for the right property. Experts understand that the whole process takes time and a lot of thinking.
• Lack of Research. Whatever you do don’t get into the war empty-handed. Arm yourself with the right knowledge in flipping houses. One wrong move and you might lose everything. Research on the specific market you want to focus on. Observe other investors and learn from them. Attend real estate investment club meeting and seminars, you’ll get lots of information there.
• Impulsive buying. Do not fall in love instantly on a specific property. Make sure that you have researched on the property before settling on it. This is one of the biggest mistakes you can ever make. Do not limit yourself to only a small amount of properties, widen your horizons and options.
There are lots of opportunities in real estate investing, if you avoid making these mistakes, you could be well on your way to making lots of money. Visiting Rehablist.com to get more tips on flipping houses for a living would surely help. The site specializes in different methods of real estate investing and offers a wide range of tools to help investors succeed in their venture.
Why Some Investors Prefer Wholesaling Over Flipping
Wholesaling and flipping houses are both real estate investing methods and are almost similar to each other. Both methods are buying and selling quickly for profit. However, a wholesaler only “owns” the property through a contract and then assigns the contract to a buyer. In flipping houses, an investor actually buys the whole property.
See the difference? Now let’s weigh the pros and cons.
When you flip a house, most probably you’d be fixing it up to make it more attractive to a buyer. You will have to maintain the property in order for it to sell. You will need money to finance all these. In wholesaling, there is no need for a big investment cost. Since a wholesaler does not actually buy the property, he won’t need money for its maintenance. Along with investment costs, wholesaling may not require an investor to obtain a loan.
Wholesaling does not require much work and effort unlike flipping houses. You won’t need to do repairs or upgrades on the property which can save you more time to do something else. And since wholesaling only takes a little time to sell properties, moving to another wholesaling project is easier. Flipping houses require you to work on the property regularly. You cannot move to another house unless you’re done with the first one.
Wholesalers can earn bigger profits than flipping at a shorter period of time. Flipping a home takes more than a month, while wholesaling can be done in just weeks. Although earnings of a wholesaler range between $5,000 and $20,000 only, he or she can have bigger profit just by having many properties to sell.
Investing in real estate takes time. Do not rush or you might end up in the dumps. If you’re going to make a career in either wholesaling or flipping houses, be sure to seek the help of a professional investor. Log on to www.Rehablist.com to learn more about the different real estate investing methods and properties.
See the difference? Now let’s weigh the pros and cons.
When you flip a house, most probably you’d be fixing it up to make it more attractive to a buyer. You will have to maintain the property in order for it to sell. You will need money to finance all these. In wholesaling, there is no need for a big investment cost. Since a wholesaler does not actually buy the property, he won’t need money for its maintenance. Along with investment costs, wholesaling may not require an investor to obtain a loan.
Wholesaling does not require much work and effort unlike flipping houses. You won’t need to do repairs or upgrades on the property which can save you more time to do something else. And since wholesaling only takes a little time to sell properties, moving to another wholesaling project is easier. Flipping houses require you to work on the property regularly. You cannot move to another house unless you’re done with the first one.
Wholesalers can earn bigger profits than flipping at a shorter period of time. Flipping a home takes more than a month, while wholesaling can be done in just weeks. Although earnings of a wholesaler range between $5,000 and $20,000 only, he or she can have bigger profit just by having many properties to sell.
Investing in real estate takes time. Do not rush or you might end up in the dumps. If you’re going to make a career in either wholesaling or flipping houses, be sure to seek the help of a professional investor. Log on to www.Rehablist.com to learn more about the different real estate investing methods and properties.
Why Advertising Properties on Rehablist.com is Effective
Selling properties, especially a house, is never easy. Aside from the fact that you have to let go of something that meant to you, you also have to deal with other important matters such as finding the people who are willing to do you a favor and help you get rid of the thing that you want to sell.
In the old days, people relied on traditional forms of media to market and advertise the goods they are selling. Although such a method can cost a significant amount of time and money, it can definitely help a person find potential buyers, clients, and business partners. However, everything changed with the birth of the Internet.
Nowadays, many people from different parts of the globe are selling all sorts of things on the Internet. From small knickknacks to expensive collectibles, you can find almost anything on the World Wide Web for sale. But if you’re selling something big and important as a house or a real estate property, you shouldn’t post your advertisement just anywhere on the Net. You have to make sure that the property you’re selling will get all the exposure it needs.
As we all know, the secret to successfully selling a house, or any product for that matter, is sound and excellent marketing strategies. If you would just advertise the property you are selling in a run-of-the-mill site, expect to wait for months before you could get rid of the house and earn some extra money. And if the property in question is in a poor condition, expect to wait longer.
However, there is a web site that provides free advertising service for those who want to exchange their distressed and undervalued homes for cash. Rehablist.com can make life easier for these homeowners by providing them with the opportunity to showcase the properties they want to sell without the extra cost.
Because Rehablist is No. 1 when it comes to listing handyman specials, investment, undervalued, and distressed properties, sellers can easily get rid of their unwanted real estate assets. The site brings together tens of thousands of real estate inventors who are in the business of buying and selling homes.
By signing up with the site’s “Free Real Estate Advertising” service, sellers can easily meet and interact with dozens of investors who might be interested in buying their unwanted properties for a considerable amount of cash. In addition, Rehablist.com’s network of investors, brokers, and realtors is growing everyday, thus, it improves the sellers’ chances of selling their properties in the soonest possible time.
With Rehablist.com, owners of distressed and undervalued properties do not have to wait for years just to sell their unwanted homes.
To learn more about advertising or buying and selling homes, homeowners and real estate investors should visit Rehablist.com. The site offers various resources, as well as useful and practical information about real estate investing. And by registering with Rehablist, interested investors will gain access to the most comprehensive list of great investment properties in the United States.
In the old days, people relied on traditional forms of media to market and advertise the goods they are selling. Although such a method can cost a significant amount of time and money, it can definitely help a person find potential buyers, clients, and business partners. However, everything changed with the birth of the Internet.
Nowadays, many people from different parts of the globe are selling all sorts of things on the Internet. From small knickknacks to expensive collectibles, you can find almost anything on the World Wide Web for sale. But if you’re selling something big and important as a house or a real estate property, you shouldn’t post your advertisement just anywhere on the Net. You have to make sure that the property you’re selling will get all the exposure it needs.
As we all know, the secret to successfully selling a house, or any product for that matter, is sound and excellent marketing strategies. If you would just advertise the property you are selling in a run-of-the-mill site, expect to wait for months before you could get rid of the house and earn some extra money. And if the property in question is in a poor condition, expect to wait longer.
However, there is a web site that provides free advertising service for those who want to exchange their distressed and undervalued homes for cash. Rehablist.com can make life easier for these homeowners by providing them with the opportunity to showcase the properties they want to sell without the extra cost.
Because Rehablist is No. 1 when it comes to listing handyman specials, investment, undervalued, and distressed properties, sellers can easily get rid of their unwanted real estate assets. The site brings together tens of thousands of real estate inventors who are in the business of buying and selling homes.
By signing up with the site’s “Free Real Estate Advertising” service, sellers can easily meet and interact with dozens of investors who might be interested in buying their unwanted properties for a considerable amount of cash. In addition, Rehablist.com’s network of investors, brokers, and realtors is growing everyday, thus, it improves the sellers’ chances of selling their properties in the soonest possible time.
With Rehablist.com, owners of distressed and undervalued properties do not have to wait for years just to sell their unwanted homes.
To learn more about advertising or buying and selling homes, homeowners and real estate investors should visit Rehablist.com. The site offers various resources, as well as useful and practical information about real estate investing. And by registering with Rehablist, interested investors will gain access to the most comprehensive list of great investment properties in the United States.
Wholesaling Houses: Earn Fast Cash In Real Estate
Many are drawn to real estate investing since you can earn huge profits in your own time. Aside from the amount of income one can get from this business, there are also many methods which you can do. One method is wholesaling which is the process of placing a contract on a property and then assigning the contract to a buyer.
Some real estate investors opt to do wholesaling instead of flipping houses because it doesn’t need that much work and money. Since you’re not actually buying the house, wholesaling doesn’t require a huge capital or a loan. In wholesaling, profit is much faster and easier provided that you know the right moves. If a wholesaler has a huge inventory of houses, earning profit is quicker than flipping. In wholesaling, maintenance of the property is not needed and the transaction is much faster.
Wholesaling houses for a living can be pretty risky if you do not know how to deal with it the right way. Just like any other business venture, wholesaling needs some methods to be done perfectly. To be able to master the right ways, one needs to know the basic principles of wholesaling. Read on to discover the fundamentals of wholesaling houses.
Aside from getting the best house in town, you should look for the best own in town with an owner willing to sell his property. This type of owner is called a “motivated seller.” It means that he or she is eager to sell the property as soon as possible for a low price. Though they won’t just give it away for any price, you can bet on it that they wouldn’t put a handsome amount on it since they know that it won’t be sold with a price like that. So who are these people? They are those who are moving to another city or state, divorcees, and in grave need of cash.
In wholesaling, time is important. You should be able to sell the house immediately. To do this, you will need a buyer’s list. This list will determine what kind of houses sell faster to whom. By having a buyer’s list, you can identify if the property you have will sell or not. You will have clearer idea of what kind of house you should work on. Also, it can save you all the time and effort in finding buyers.
The crucial part of wholesaling is pricing. Thorough research and experience in real estate investing is needed in this part. If you do not have enough experience, it won’t hurt to ask investors you know to help you out. Research on the pricing trend of the kind of property you are selling and its location. You can always look up the things you should know on the internet.
These are only some of the basics of wholesaling and there more things you ought to know. Check out www.Rehablist.com to get more information and tips on how to go about your wholesaling business. The site is complete with articles and videos to help you out on your real estate investing business.
Some real estate investors opt to do wholesaling instead of flipping houses because it doesn’t need that much work and money. Since you’re not actually buying the house, wholesaling doesn’t require a huge capital or a loan. In wholesaling, profit is much faster and easier provided that you know the right moves. If a wholesaler has a huge inventory of houses, earning profit is quicker than flipping. In wholesaling, maintenance of the property is not needed and the transaction is much faster.
Wholesaling houses for a living can be pretty risky if you do not know how to deal with it the right way. Just like any other business venture, wholesaling needs some methods to be done perfectly. To be able to master the right ways, one needs to know the basic principles of wholesaling. Read on to discover the fundamentals of wholesaling houses.
Aside from getting the best house in town, you should look for the best own in town with an owner willing to sell his property. This type of owner is called a “motivated seller.” It means that he or she is eager to sell the property as soon as possible for a low price. Though they won’t just give it away for any price, you can bet on it that they wouldn’t put a handsome amount on it since they know that it won’t be sold with a price like that. So who are these people? They are those who are moving to another city or state, divorcees, and in grave need of cash.
In wholesaling, time is important. You should be able to sell the house immediately. To do this, you will need a buyer’s list. This list will determine what kind of houses sell faster to whom. By having a buyer’s list, you can identify if the property you have will sell or not. You will have clearer idea of what kind of house you should work on. Also, it can save you all the time and effort in finding buyers.
The crucial part of wholesaling is pricing. Thorough research and experience in real estate investing is needed in this part. If you do not have enough experience, it won’t hurt to ask investors you know to help you out. Research on the pricing trend of the kind of property you are selling and its location. You can always look up the things you should know on the internet.
These are only some of the basics of wholesaling and there more things you ought to know. Check out www.Rehablist.com to get more information and tips on how to go about your wholesaling business. The site is complete with articles and videos to help you out on your real estate investing business.
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