You’ve probably watched one whole season of a one of a many TV show about flipping houses and realized that this form of real estate investing is easy and is for you. So, the next day you search your neighborhood for a fixer upper home and buy it. You start making repairs but after everything’s been completed, you realize that you didn’t earn anything from your first rehab. You aren’t alone.
To avoid doing the same mistakes in your second rehab, read and use the followings flipping houses tips:
Hire professionals if necessary. Television shows make it appear easy to rehab a home without us realizing that we are actually listening to professional house flippers. It wouldn’t hurt to hire a professional, especially if you know you are not qualified for a specific job. You must also check local laws and what processes in rehabbing a house in your area will need the certification of a professional.
Make a timeline. After inspecting and buying a property, what you need to do is create a simple timeline. This schedule must include your target date of accomplishment and “mini deadlines.” You can also include a daily task section. This will make sure that you are on tract to selling that property.
Keep your emotions in check. One thing most beginners forget is that they are rehabbing the fixer upper to sell it, not to turn it into a house they want to live in. This personal attachment to the property is one reason why expenses always exceed your budget for repairs. Your goal is to make it a decent home to live in for your prospective buyer and earn from it.
Arm yourself with he right information to avoid costly mistakes. Find more flipping houses tips at RehabList.com. You can also find your next project through RehabList, which has a Search Investment feature. If you have a property to sell, you can advertise it online for free through RehabList. Simply create a log-in account to gain access to this service. You also have the option to receive property listings in your inbox through RehabList, the authority in real estate investing.
Wednesday, November 4, 2009
Flipping Houses: Legal or Illegal?
Because of the negative depiction of flipping houses by some media outfits over the years, many people have been wondering if this particular method of real estate investing is illegal. However, flipping investment properties for profit is not against the law and many real estate investors can attest to that. Such a means of living can only be called illegal if it involves fraudulent activities.
Although there are some who raise their eyebrows whenever they hear the word “flip,” flipping is a term used in economics to describe the act of buying and quickly selling of any asset, which include real estate.
So when the same principle is applied to the housing industry, flipping houses can be considered the process of acquiring and quickly selling a property for profit. Some real estate investors purchase a dilapidated home, make some repairs, and resell it a higher price, while some sell properties “as is” and at a slightly marked up price.
There is absolutely nothing wrong with buying and selling properties. Like what was said before, flipping homes is considered illegal only when it involves fraud. There are investors who are tempted to commit mortgage fraud just to earn huge sums of money. They include those who pay appraisers to inflate a property’s value to acquire bigger loans either for themselves or their buyers. Flipping is illegal if the investor fabricated legal documents, such as tax returns, pay stubs, and w-2s, or if he or she manipulated payments just to get a loan approved.
For a real estate investor, as long as you’re not doing something that is against the law, you shouldn’t be afraid to flip homes for a living. Being involved in real estate investing is a great way to earn money because the housing business is a lucrative industry that offers great opportunities for many people.
Meanwhile, to learn more about flipping houses and other types of real estate investing, log on to RehabList.com.
Although there are some who raise their eyebrows whenever they hear the word “flip,” flipping is a term used in economics to describe the act of buying and quickly selling of any asset, which include real estate.
So when the same principle is applied to the housing industry, flipping houses can be considered the process of acquiring and quickly selling a property for profit. Some real estate investors purchase a dilapidated home, make some repairs, and resell it a higher price, while some sell properties “as is” and at a slightly marked up price.
There is absolutely nothing wrong with buying and selling properties. Like what was said before, flipping homes is considered illegal only when it involves fraud. There are investors who are tempted to commit mortgage fraud just to earn huge sums of money. They include those who pay appraisers to inflate a property’s value to acquire bigger loans either for themselves or their buyers. Flipping is illegal if the investor fabricated legal documents, such as tax returns, pay stubs, and w-2s, or if he or she manipulated payments just to get a loan approved.
For a real estate investor, as long as you’re not doing something that is against the law, you shouldn’t be afraid to flip homes for a living. Being involved in real estate investing is a great way to earn money because the housing business is a lucrative industry that offers great opportunities for many people.
Meanwhile, to learn more about flipping houses and other types of real estate investing, log on to RehabList.com.
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.
A Wholesaler’s Guide to Finding Motivated Home Sellers
Wholesaling houses is the act of placing a property under contract and then assigning that contract to another buyer. It has been one of the most popular forms of real estate investing in recent years because it promises great investment returns without the having need to make big risks. Because an investor is not really buying a property per se, he doesn’t have to invest a huge amount of money and make tough decisions that could make or break his career.
One of the major concerns of a wholesaler, however, is to find motivated home sellers who are willing to have their properties placed under contract. Motivated home sellers are those people who are in need of cash and are willing to sell their properties at below the market prices. Usually, they don’t ask for a higher selling price. As long as they could get rid of the property as quickly as possible, they won’t pressure the buyer to pay a bigger amount of money.
If you are involved in the business of wholesaling houses, one of the easiest ways to find motivated home sellers is to place an ad on the local newspaper. By allowing these people to call you, you won’t have to go from one house to another just to find good leads. Reading the classified ads can help, too, since some home sellers might be doing the same thing as you do to find buyers for their properties.
Visit the neighborhood you want to invest in and look for FSBO signs. According to some real estate experts, such a strategy can help you find good deals since most FSBO (for sale by owner) homes are poorly advertised. This can be used to your advantage because there is a big chance that you’re the first real estate investor to talk to the owners of these properties.
Always remember that in order to succeed in real estate investing, you should have leads to motivated home sellers. These people can make big contributions to your career as a real estate investor. Meanwhile, to learn more useful tips regarding real estate investing and wholesaling houses, visit www.Rehablist.com.
One of the major concerns of a wholesaler, however, is to find motivated home sellers who are willing to have their properties placed under contract. Motivated home sellers are those people who are in need of cash and are willing to sell their properties at below the market prices. Usually, they don’t ask for a higher selling price. As long as they could get rid of the property as quickly as possible, they won’t pressure the buyer to pay a bigger amount of money.
If you are involved in the business of wholesaling houses, one of the easiest ways to find motivated home sellers is to place an ad on the local newspaper. By allowing these people to call you, you won’t have to go from one house to another just to find good leads. Reading the classified ads can help, too, since some home sellers might be doing the same thing as you do to find buyers for their properties.
Visit the neighborhood you want to invest in and look for FSBO signs. According to some real estate experts, such a strategy can help you find good deals since most FSBO (for sale by owner) homes are poorly advertised. This can be used to your advantage because there is a big chance that you’re the first real estate investor to talk to the owners of these properties.
Always remember that in order to succeed in real estate investing, you should have leads to motivated home sellers. These people can make big contributions to your career as a real estate investor. Meanwhile, to learn more useful tips regarding real estate investing and wholesaling houses, visit www.Rehablist.com.
Tuesday, November 3, 2009
Rehablist.com: The Secret to Your Success
Want to succeed in the real estate business? Then visit Rehablist.com now.
Rehablist.com could be your gateway to a successful career in the real estate business. If you are a newbie when it comes to wholesaling or flipping houses or an experienced broker, this web site is just for you.
Armed with years of experience and an extensive knowledge on the most effective ways to earn money in the industry, Rehablist offers aspiring real estate investors all the tools they need in making it big in their chosen field. The web site is loaded with all the useful information regarding the “art” of flipping homes and wholesaling houses. In addition, Rehablist.com shares the secret to improving your finances by fixing old homes, transforming them into new ones, and then selling them off at higher price. Sounds unbelievable? Then read on.
Rehablist.com is a user-friendly site that was designed to create a huge network of realtors, wholesale finders of single-family homes, and home sellers. It also seeks to help those people who are in need of hard money loans to improve their businesses. In addition, it has Investment Forums, where you can discuss the newest trends in the housing business and other whatnots. Rehablist is indeed your “one-stop shop” when it comes to real estate investing.
In the web site’s Learning Center, visitors can find different resources that would surely improve their understanding of real estate investing. By filling up a form, investors will gain free access to a five-day investment course that will help them make intelligent decisions when it comes to the housing business.
Also, there are useful videos and articles that discuss various issues relevant to the business. They include a write-up on the nature of hard money and how to flip houses for quick cash. By logging on to Rehablist.com, you will also know the secret to a successful negotiation.
According to Steve Cook’s “Negotiating Like a Pro,” one of the greatest attributes of a good investor and negotiator is his or her willingness to listen. Listening to the other party’s needs and concerns will ensure a good and harmonious relationship, as well as the chance to quickly seal a deal, he wrote.
Because it specializes in listing handyman specials, as well as foreclosure, investment, undervalued, and distressed properties, Rehablist.com can help home sellers receive the exposure they badly need. With the help of Rehablist, which is the biggest wholesale listing service in the United States, sellers can hook up with more than 100,000 investors who are registered on the web site. And through the site’s free real estate advertising, they will receive more opportunities to sell the properties they want to get rid of. Now, isn’t that great?
Rehablist is a real estate investor’s best friend. So if you want to become the next big guy or gal in the housing business, just drop by at the site and sift through its contents. Rehablist.com is literally a treasure trove of ideas and resources that are perfect for those who want to bring their career to a whole new level.
Rehablist.com could be your gateway to a successful career in the real estate business. If you are a newbie when it comes to wholesaling or flipping houses or an experienced broker, this web site is just for you.
Armed with years of experience and an extensive knowledge on the most effective ways to earn money in the industry, Rehablist offers aspiring real estate investors all the tools they need in making it big in their chosen field. The web site is loaded with all the useful information regarding the “art” of flipping homes and wholesaling houses. In addition, Rehablist.com shares the secret to improving your finances by fixing old homes, transforming them into new ones, and then selling them off at higher price. Sounds unbelievable? Then read on.
Rehablist.com is a user-friendly site that was designed to create a huge network of realtors, wholesale finders of single-family homes, and home sellers. It also seeks to help those people who are in need of hard money loans to improve their businesses. In addition, it has Investment Forums, where you can discuss the newest trends in the housing business and other whatnots. Rehablist is indeed your “one-stop shop” when it comes to real estate investing.
In the web site’s Learning Center, visitors can find different resources that would surely improve their understanding of real estate investing. By filling up a form, investors will gain free access to a five-day investment course that will help them make intelligent decisions when it comes to the housing business.
Also, there are useful videos and articles that discuss various issues relevant to the business. They include a write-up on the nature of hard money and how to flip houses for quick cash. By logging on to Rehablist.com, you will also know the secret to a successful negotiation.
According to Steve Cook’s “Negotiating Like a Pro,” one of the greatest attributes of a good investor and negotiator is his or her willingness to listen. Listening to the other party’s needs and concerns will ensure a good and harmonious relationship, as well as the chance to quickly seal a deal, he wrote.
Because it specializes in listing handyman specials, as well as foreclosure, investment, undervalued, and distressed properties, Rehablist.com can help home sellers receive the exposure they badly need. With the help of Rehablist, which is the biggest wholesale listing service in the United States, sellers can hook up with more than 100,000 investors who are registered on the web site. And through the site’s free real estate advertising, they will receive more opportunities to sell the properties they want to get rid of. Now, isn’t that great?
Rehablist is a real estate investor’s best friend. So if you want to become the next big guy or gal in the housing business, just drop by at the site and sift through its contents. Rehablist.com is literally a treasure trove of ideas and resources that are perfect for those who want to bring their career to a whole new level.
Rehablist.com: Where it All Begins
Rehablist.com is the place for every investor and realtor. Whether you’re just a newbie, making your waves, or just plain curious about the real estate industry, Rehablist.com is your perfect starting point.
Here, you will get useful tips and resources to get you going on your business endeavor. Rehablist does not only provide the tools for successful investing but also the knowledge fit for an expert. The makings of expert realtors and investors happen here.
The site’s Learning Center is where all the makings of an expert realtor begins. Visitors and members of the site will be taught by top realtors who have made their names in the business. You will get to learn from the best realtors in the business. The secrets and the tricks of a successful real estate business will all be revealed only at Rehablist.com.
The site uses diverse teaching methods. Students learn through written and visual aids. Videos and reading materials are provided by the site for better learning and understanding.
It is a great site for those planning to immerse themselves in the real estate business. More so, it is an efficient site for realtors who want to learn more and increase their sales. Every detail is thoroughly explained in the simplest way possible so it would be easy to understand.
The site provides vital information and tutorials in the different areas of real estate investing. These areas are flipping houses, home wholesalers, hard money lending, and house rehabbing.
In flipping houses, a video is provided by the site to demonstrate the proper way to flip houses in the most practical and easiest way. The video shows certified realtor experts guiding you through the ins and outs of flipping homes.
In hard money lending, the site will serve as the meeting point of lenders and borrowers. Since it is hard for borrowers to find lenders and vice versa, this site is a great place for them to meet up. Many might still not know about hard money, which is why the site has already provided the details and know-how’s.
Rehablist does not only provide the information but also the resources in flipping. Here you can find affordable and flip-worthy homes. The site guarantees a wide variety of choices since it does not only offer homes in one area but all over the country.
It is an efficient way of looking for a home since you can cross borders without leaving your seat. Learn all the tricks and get your resources in just a few clicks of your mouse.
The site allows visitors to advertise their properties, provided that they sign up for FREE. It’s fast, it’s easy, and free of charge. Visitors only get to see bits of the site’s goodies, while members have more privileges and advantages. Sign up for free and get more information to boost your career.
Be on your way to being a realtor expert, visit www.Rehablist.com today to know more about the great opportunities in store for you.
Here, you will get useful tips and resources to get you going on your business endeavor. Rehablist does not only provide the tools for successful investing but also the knowledge fit for an expert. The makings of expert realtors and investors happen here.
The site’s Learning Center is where all the makings of an expert realtor begins. Visitors and members of the site will be taught by top realtors who have made their names in the business. You will get to learn from the best realtors in the business. The secrets and the tricks of a successful real estate business will all be revealed only at Rehablist.com.
The site uses diverse teaching methods. Students learn through written and visual aids. Videos and reading materials are provided by the site for better learning and understanding.
It is a great site for those planning to immerse themselves in the real estate business. More so, it is an efficient site for realtors who want to learn more and increase their sales. Every detail is thoroughly explained in the simplest way possible so it would be easy to understand.
The site provides vital information and tutorials in the different areas of real estate investing. These areas are flipping houses, home wholesalers, hard money lending, and house rehabbing.
In flipping houses, a video is provided by the site to demonstrate the proper way to flip houses in the most practical and easiest way. The video shows certified realtor experts guiding you through the ins and outs of flipping homes.
In hard money lending, the site will serve as the meeting point of lenders and borrowers. Since it is hard for borrowers to find lenders and vice versa, this site is a great place for them to meet up. Many might still not know about hard money, which is why the site has already provided the details and know-how’s.
Rehablist does not only provide the information but also the resources in flipping. Here you can find affordable and flip-worthy homes. The site guarantees a wide variety of choices since it does not only offer homes in one area but all over the country.
It is an efficient way of looking for a home since you can cross borders without leaving your seat. Learn all the tricks and get your resources in just a few clicks of your mouse.
The site allows visitors to advertise their properties, provided that they sign up for FREE. It’s fast, it’s easy, and free of charge. Visitors only get to see bits of the site’s goodies, while members have more privileges and advantages. Sign up for free and get more information to boost your career.
Be on your way to being a realtor expert, visit www.Rehablist.com today to know more about the great opportunities in store for you.
Visit Rehablist.com And Learn How To Flip Houses
To some, Rehablist.com might sound like a web site for the drug dependent. For those who have visited the site, however, it is an eye-opener on a hit business in the real estate property market today.
Rehablist.com is for people interested in the flipping houses business and other forms of real estate investing. As its mission states, it deals with “Turning old houses into new homes.”
The web site shortly defines flipping houses as the process of buying a house and quickly selling it hopefully for a profit. Investors, the site says, could earn profit by buying a house at a discounted price and then selling it for a bigger amount. They can also use the fix-and-flip method, wherein an undervalued property in need of repair or renovation is bought cheap to be sold at a higher price. He investor must put time and money into fixing the home, and then sell it for more than the initial investment plus the cost of “rehabbing” the house.
Visiting Rehablist.com, the official web site of real estate specialist Rehablist, is very timely for those interested in flipping houses. The business is on a boom today as the country continues to battle the recession. Amid the harsher economic conditions, more people are willing to sell their undervalued properties. Such decision is wise for the owner as buying a cheaper home is more economical than shelling out thousands for repair and renovation of his or her old house. More houses mean more profit for “rehabbers,” or those involved in the business.
Property prices, however, are expected to pick up once the economy recovers from the recession. So if there’s a perfect time to shop for undervalued homes, which are also known as “fixer upper homes,” that would be today.
Testament to flipping houses’ popularity in the real estate circle is the airing for television shows about the business. “Flip This House” on A&E, “Flip That House” on TLC, “The Big Flip” on HGTV are among the many TV programs.
Rehablist.com will be your guide to cashing in on this trend. Even those who have no idea on the real estate market will find it easy to understand flipping houses with the help of the web site’s “Learning Center” section.
Under the section, you’ll find “RehabList Tutorial” link, where instructional videos are found. Testimonials of successful realtors are also available in the page to give you that boost in morale. Frequently asked questions are answered in the “Help & FAQ” link. You may also read informative articles under “Learning Center.”
Better yet, you may register to Rehablist’s 5-Day Investment Training Video Course. You don’t need to worry about fees as there isn’t any. This service is offered by Rehablist for FREE. It’s part of the company’s mission to provide information to information to anyone – whether expert or novice in the flipping houses business.
To access all of the FREE services offered by Rehablist.com, visitors need only create a log-in account. Once created, you may log-in and prepare to be welcomed in the exciting (not to mention very profitable) world of flipping houses.
Rehablist.com is for people interested in the flipping houses business and other forms of real estate investing. As its mission states, it deals with “Turning old houses into new homes.”
The web site shortly defines flipping houses as the process of buying a house and quickly selling it hopefully for a profit. Investors, the site says, could earn profit by buying a house at a discounted price and then selling it for a bigger amount. They can also use the fix-and-flip method, wherein an undervalued property in need of repair or renovation is bought cheap to be sold at a higher price. He investor must put time and money into fixing the home, and then sell it for more than the initial investment plus the cost of “rehabbing” the house.
Visiting Rehablist.com, the official web site of real estate specialist Rehablist, is very timely for those interested in flipping houses. The business is on a boom today as the country continues to battle the recession. Amid the harsher economic conditions, more people are willing to sell their undervalued properties. Such decision is wise for the owner as buying a cheaper home is more economical than shelling out thousands for repair and renovation of his or her old house. More houses mean more profit for “rehabbers,” or those involved in the business.
Property prices, however, are expected to pick up once the economy recovers from the recession. So if there’s a perfect time to shop for undervalued homes, which are also known as “fixer upper homes,” that would be today.
Testament to flipping houses’ popularity in the real estate circle is the airing for television shows about the business. “Flip This House” on A&E, “Flip That House” on TLC, “The Big Flip” on HGTV are among the many TV programs.
Rehablist.com will be your guide to cashing in on this trend. Even those who have no idea on the real estate market will find it easy to understand flipping houses with the help of the web site’s “Learning Center” section.
Under the section, you’ll find “RehabList Tutorial” link, where instructional videos are found. Testimonials of successful realtors are also available in the page to give you that boost in morale. Frequently asked questions are answered in the “Help & FAQ” link. You may also read informative articles under “Learning Center.”
Better yet, you may register to Rehablist’s 5-Day Investment Training Video Course. You don’t need to worry about fees as there isn’t any. This service is offered by Rehablist for FREE. It’s part of the company’s mission to provide information to information to anyone – whether expert or novice in the flipping houses business.
To access all of the FREE services offered by Rehablist.com, visitors need only create a log-in account. Once created, you may log-in and prepare to be welcomed in the exciting (not to mention very profitable) world of flipping houses.
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