HUD Homes and Foreclosure
Monday, August 09
The United States Department of Housing and Urban Development (HUD) is a government department devoted to subsidizing housing for low-income and otherwise-vulnerable Americans, such as homeless military veterans (HUD-VASH). This is often referred to as Section 8 housing, and is most commo...
Good Deals on Investment Properties: Quality Beats Quantity
Monday, August 09
Every investor gets into real estate for his own unique, rather idiosyncratic set of reasons, but the common denominator among us all is to improve our quality of life. Many (especially young) investors make the mistake of thinking that the best way to improve their quality of life is to k...
Estimating the Cost of Repairs for Flipping a Rehab
Monday, August 09
The most commonly-employed strategy for flipping homes (short-term ownership of real estate) is to fix and flip a rehab property. The investor finds a property for sale that needs repairs, buys it at a price well below the retail market value, assumes responsibility for making those repairs...
Creative Financing for Real Estate Investments
Monday, August 09
In an historically bad economy like this one, there is no shortage of motivated sellers, which means there is no shortage of opportunities for buyers to get creative with their financing terms. In many cases, investors with little or no credit can arrange to purchase a home, with little...
Appraisals and Home Inspectors: What You Need to Know
Monday, August 09
Once you’ve followed your leads and found that one great deal you’ve been searching for, you’ll need to make sure that the property you’re buying is what you think it is, and not just what it is presented to be. In other words, you’ll need to have a thorough home inspection done by a profes...
Tips for Low-Cost Real Estate Marketing
Wednesday, July 28
As real estate investors, we all know that the success and failure of careers can hinge on an investor’s ability to find deals. Sometimes, it’s about who you know—especially for those who have been in the business for long enough to have cultivated those valuable relationships. Sometimes, ...