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First Time Real Estate Investors: Final Steps (Part 5)

To wrap up this series on investment properties, let’s take a look at some final pieces to keep your investment an investment.  If you haven’t read previous articles, start here for some worth while information on how to look at investing.

Investment-Income Producing Properties are a wonderful thing to have.  While everyone else is waiting for the market to change, this is the ideal time to negotiate some fabulous deals.  But it takes more than just purchasing a property to make it worth your while. Continue reading “First Time Real Estate Investors: Final Steps (Part 5)”
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3 Considerations Before Investing

3 Factors to Consider Before Investing

 

Investing in real estate can certainly be a lucrative investment, but only when done right!  The flip side of that is that it can also turn out to be not only a financial nightmare but a huge burden emotionally when done wrong.

Before you even start thinking about investing, you need to do your homework.  I don’t mean just looking at returns like most “investors” do.  There is so much more than the $/sf, the cap rate today or even the purchase price and interest rate you’ll pay on the loan!

There are 3 main categories you must consider when analyzing real estate investments.  Continue reading “3 Considerations Before Investing”
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Be the Bank

Let’s admit it.  Making money in real estate during times of appreciation and free flowing financing does not take skill, negotiation or fluent understanding of the market.  For the last decade, you could have pretty much bought something with your eyes closed and still made money the next year.  Did you notice that “real estate investors” started coming out of the woodwork?  Of course, now we have “foreclosure specialists” and “short sale experts,” but that discussion is for another day.

 

Today’s market takes skill, knowledge, creative thinking and… hard work…  so, where did those guys go? Continue reading “Be the Bank”
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Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!

Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!

Here is a perfect example of why you should ensure all parties are on board for any legal or real estate transaction. If you have any questions about what you’re trying to accomplish, talk to an expert.

Question:

Property owner owned two adjoining lots. Each lot was separately mortgaged. Owner completed a boundary line adjustment through the county, effecting an equal land trade between the two lots, but never notified either mortgage holder of the BLA. Subsequently, one mortgage holder foreclosed and took title to one of the lots. What was the effect of that foreclosure on the BLA? Continue reading “Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!”