Archive for March, 2011

Another Real Estate Investor Joins HomeVestors Team

Thursday, March 31st, 2011

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HomeVestors® continues to add to its team of real estate investors and real estate franchise owners across the country. LRN Ventures, owned by Lance and Robyn Nichols, will be working with DA Todd Murphy as their mentor. Anyone that wants to sell your house in Birmingham, AL should contact the HomeVestors team.

HomeVestors is proud to add the Nichols to the growing number of military veterans to join the HomeVestors team. HomeVestors gives a discount to all veterans that buy a franchise.

Home Price Decline and the Impact on Real Estate Investors

Wednesday, March 30th, 2011

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Real Estate Investors are obviously watching articles like this one in Yahoo Finance. The decline in home prices, and the future outlook is critical in buying decisions.

This article has some interesting tidbits.  One is the impact of last year’s tax credits: “Some economists say the tax credits merely postponed the bottoming out that’s occurring now.”

The article also explains why real estate investors are so critical in the recovery: “The supply of homes that people actually want to buy — and can afford — is much narrower. “Some people who want to buy don’t have the time, desire or energy to fix up a foreclosure, so they don’t buy them,” said Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors Inc. in Miami, where foreclosures or short sales make up two-thirds of homes sold.”

In many markets, those looking to make an investment in real estate are buying a large percentage of the homes. The key for real estate investors is knowing if the market is close to bottoming out. Any real estate investor trying to time the bottom is risking missing out on a lot of opportunity. The reality is we will know know it has bottomed out for 6 months to a year AFTER the fact. The real question – if I make an investment in real estate, will that investment move up from the time I purchase it over the long term?

Those real estate investors that believe that are going to be the ones that take advantage of this market. Want to learn what is the real estate business like and how you can take advantage of this market? Go to www.homevestorsfranchise.com

HomeVestors, the “We Buy Ugly Houses®” Company, Honors Franchisees with Top Performance Awards for 2010

Tuesday, March 29th, 2011

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HomeVestors, the “We Buy Ugly Houses®” Company, Honors Franchisees with Top Performance Awards for 2010

·        Top 20 Franchises Buy More Than 1,000 Ugly Houses Across U.S.

·        Franchises Improve the Lives of People and the Health of Local Real Estate Markets

 

DALLAS, TX (March 28, 2011) — HomeVestors of America, Inc., known as the WE BUY UGLY HOUSES® company, honored the accomplishments of its team members with Top Performance Awards announced at its annual convention in December.  With about 200 franchises in 33 states, HomeVestors® is the #1 buyer of houses in the U.S.

 

For the 12-month rankings period, the top 20 HomeVestors franchises bought 1,072 houses.  For the same period, the top 20 franchisees sold 995 homes with a total sales volume of $99,943,901.

 

“Our top-performing franchises are remarkable businesses that demonstrate every day that even in a tough national real estate market, local opportunities abound for profitable investment in ugly houses and sales of lovely homes,” said David Hicks, Co-President of HomeVestors.  “The success of HomeVestors real estate franchises is the best evidence there is of the effectiveness of our franchise model, which includes powerful marketing strategies and world-class systems, training and support.”

 

HomeVestors Top Performance Awards

 

HomeVestors “Top Closers” (Most Ugly Houses Bought) – Major Markets:

  1. WFI Properties, Inc. (Houston, Texas) – closed on 88 properties
  2. C&C Residential Properties, Inc. (Dallas, Texas) – closed on 82 properties
  3. SNL Realty, LLC (Chicago, Illinois) – closed on 66 properties
  4. Evolution Properties, Inc. (Dallas, Texas) – closed on 61 properties
  5. Cifaldi Property Investments, LLC (Philadelphia, Pennsylvania) – closed on 57 properties
  6. GT Equity, LLC (St. Louis, Missouri) – closed on 57 properties
  7. Alliance Realty Services, LLC (St. Louis, Missouri) – closed on 55 properties
  8. Hi-Land Properties, LLC (West Palm Beach, Florida) – closed on 50 properties
  9. Kingsgate, LLC (Brevard County, Florida) – closed on 50 properties
  10. Mull Properties, LLC (Oklahoma City, Oklahoma) – closed on 49 properties

 

HomeVestors “Top Closers” (Most Ugly Houses Bought) – Junior Markets:

  1. Kingsgate, LLC (Brevard County, Florida) – closed on 45 properties
  2. Abbott Real Estate Investment Group, Inc. (Ft. Walton Beach, Florida) – closed on 28 properties

 

HomeVestors “Top Sellers” (Most Homes Sold):

  1. C&C Residential Properties, Inc. (Dallas, Texas) – sold 80 properties
  2. SNL Realty, LLC (Chicago, Illinois) – sold 65 properties
  3. Advantage House Buyers, Inc. (Houston, Texas) – sold 55 properties
  4. Cifaldi Property Investments, LLC (Philadelphia, Pennsylvania) – sold 55 properties
  5. Evolution Properties, Inc. (Dallas, Texas) – sold 54 properties
  6. GT Equity, LLC  (St. Louis, Missouri) – sold 54 properties
  7. Alliance Realty Services, LLC (St. Louis, Missouri) – sold 53 properties
  8. WFI Properties, Inc. (Houston, Texas) – sold 51 properties
  9. Mull Properties, LLC (Oklahoma City, Oklahoma) – sold 50 properties
  10. CityScape Properties, LLC (Kansas City, Kansas) – sold 47 properties

 

HomeVestors “Top Sellers” (Highest Sales Volume):

  1. SNL Realty, LLC (Chicago, Illinois) – sales volume of $10,512,101
  2. Corporate Properties (Denver, Colorado) – sales volume of $7,472,660
  3. C&C Residential Properties, Inc. (Dallas, Texas) – sales volume of $6,529,680
  4. Advantage House Buyers, Inc. (Houston, Texas) – sales volume of $5,713,626
  5. CityScape Properties, LLC (Kansas City, Kansas) – sales volume of $5,463,800
  6. Baystate Properties, LLC (Boston, Massachusetts) – sales volume of $5,269,000
  7. Alliance Realty Services, LLC (St. Louis, Missouri) – sales volume of $4,985,730
  8. WFI Properties, Inc (Houston, Texas) – sales volume of $4,882,548
  9. Hi-Land Properties, LLC (West Palm Beach, Florida) – sales volume of $4,870,195
  10. Evolution Properties, Inc. (Dallas, Texas) – sales volume of $4,535,440

 

HomeVestors “Rising Stars”:

  • Acquisitions Group, LLC (Miami, Florida)
  • Advantage House Buyers, Inc. (Houston, Texas)
  • Asset Enterprises, Inc. (Houston, Texas)
  • Baystate Properties, LLC (Boston, Massachusetts)
  • C&C Residential Properties, Inc. (Dallas, Texas)
  • CKS Properties, LLC (Philadelphia, Pennsylvania)
  • Don Reid, Jr. (Richmond, Virginia)
  • Evolution Properties, Inc. (Dallas, Texas)
  • Gallop Solutions, Inc. (Minneapolis, Minnesota)
  • Goldmine Properties, LLC (Sarasota, Florida)
  • GT Equity, LLC (St. Louis, Missouri)
  • Hi-Land Properties, LLC (West Palm Beach, Florida)
  • Home Direct, LLC (Phoenix, Arizona)
  • HomeBuyers of Wilmington, LLC (Wilmington, North Carolina)
  • J&M Real Estate Investments, LLC (Norfolk, Virginia)
  • JIG Holdings, LLC (Norfolk, Virginia)
  • King and King Properties, Inc. (Tulsa, Oklahoma)
  • Kingsgate, LLC (Brevard County, Florida)
  • Mull Properties, LLC (Oklahoma City, Oklahoma)
  • Portfolio Builders, LLC (Wichita, Kansas)
  • Premier Home Network, LLC (Minneapolis, Minnesota)
  • PTR Investments, Inc. (Norfolk, Virginia)
  • SNL Realty, LLC (Chicago, Illinois)
  • WERREG, LLC (Richmond, Virginia)
  • Wiley Properties, LLC (Newark, New Jersey)
  • WinWin Properties, LLC (Boston, Massachusetts)
  • WRO Corporation (San Antonio, Texas)

 

HomeVestors “Top Buyers” (Individual Investors):

  1. Eric Strung, SNL Realty, LLC (Chicago, Illinois) – purchased 63 properties
  2. Chad McKinney, WERREG, LLC (Richmond, Virginia) – purchased 53 properties
  3. Jason Petree, C&C Residential Properties, Inc. (Dallas, Texas) – purchased 50 properties
  4. Ron Sage, King and King Properties, Inc. (Tulsa, Oklahoma) – purchased 49 properties
  5. Dan Ambrose, C&C Residential Properties, Inc. (Dallas, Texas) – purchased 45 properties
  6. Jeremy Barton, Cardinal Property Investments, Inc. (Philadelphia, Pennsylvania) – purchased 45 properties
  7. Adam Warner, Kingsgate, LLC (Brevard County, Florida) – purchased 37 properties

 

 

HomeVestors “Rookies of the Year”:

  1. Mike and Vanessa Foreman, Starr Valley Investments, LLC (Houston, Texas)
  2. Chris Roberson, RDR Homes, LLC (Houston, Texas)
  3. Arie Rosen, Home Direct, LLC (Rockville, Maryland)

 

HomeVestors “Top Development Agent in Franchise Sales” (Most New Franchises Sold):

  • Mike and Lindsey Hambright, Evolution Properties, Inc. (Dallas, Texas)

 

HomeVestors “Development Agent of the Year” (for Building, Mentoring and Supporting New Franchisees):

  • Rickey Williams and Rickey Williams, Jr., WFI Properties, Inc. (Houston, Texas)

 

HomeVestors “Franchise of the Year” (UG Award for Outstanding Business Progress and Growth):

  • C&C Residential Properties, Inc. (Dallas, Texas)

 

About HomeVestors of America

 

Dallas-based HomeVestors of America, Inc. is the #1 buyer of houses in the U.S.  The first franchise company of its kind, HomeVestors has been franchising since 1996.  HomeVestors has about 200 franchises in 33 states; each franchise is independently owned and operated.  HomeVestors trains and supports franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses” company, HomeVestors strives to make a positive impact in each community.  In 2010, for the fifth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

 

 

 

National contact for more information:

Cary Brazeman, 310-205-3590

cary@thecorporatestoryteller.com

 

Want to Become a Real Estate Investor?

Sunday, March 27th, 2011

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By: Rob Caldwell

 

If want to learn how to become a real estate investor, what are your options? How do you learn about the real estate business. Today, many people are recognizing the opportunities coming in the next few years. That is why there are so many real estate seminars, and so many self professed real estate gurus selling their books and tapes and seminars.

Yet, studies show that most people attending these seminars never buy a house?

Why not simply call HomeVestors, America’s #1 Home Buyer. With HomeVestors, you not only get a proven brand, built around the trademarked We Buy Ugly Houses® slogan, but also the systems that have bought more houses than any other system ever developed. In addition, you get an experienced real estate mentor, what we call a Development Agent, that has proven experience buying and selling real estate in the local market.

Learn more about the HomeVestors real estate franchise.

 

_____________________________________________________

Rob Caldwell is a Development Agent with HomeVestors of America and is based in Lake Lure, North Carolina. Rob’s role is to recruit, train and support HomeVestors franchise offices in North and South Carolina. Since 2004 Rob has bought more than 100 houses through the “We Buy Ugly Houses” franchise system. If you are interested in a HomeVestors franchise in the Carolinas, contact Rob today! Rob.Caldwell@homevestors.com or 828-625-5836.

 

Now is the time!

Sunday, March 27th, 2011

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By: Rob Caldwell

 

This expert believes that now is the time to invest in real estate and it is his opinion that the buy and hold model is the most substantive for the greatest gains.

“This is an unprecedented economic crisis, but it is spawning an unprecedented opportunity,” said Greg Rand, a 20-year real estate veteran…

_____________________________________________________

Rob Caldwell is a Development Agent with HomeVestors of America and is based in Lake Lure, North Carolina. Rob’s role is to recruit, train and support HomeVestors franchise offices in North and South Carolina. Since 2004 Rob has bought more than 100 houses through the “We Buy Ugly Houses” franchise system. If you are interested in a HomeVestors franchise in the Carolinas, contact Rob today! Rob.Caldwell@homevestors.com or 828-625-5836.

Is Charlotte, North Carolina a Viable Market for Real Estate Investors?

Sunday, March 27th, 2011

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By: Rob Caldwell

 

As a HomeVestors of America® Development Agent representing North and South Carolina, I am researching the Charlotte, North Carolina market to determine the viability for HomeVestors franchise offices. And I have to say the news is very good!

If you are a real estate investor, or you are considering becoming a real estate investor, it’s hard to ignore the opportunities available to you in Charlotte, North Carolina. Foreclosures are expected to rise to roughly 1,100 a month in 2011 and occupied rentals are at 86% and expected to climb through 90% soon. This will certainly cause rental rates to climb as well as the demand for more rental property. In fact, the word on the street in Charlotte is finding a decent 2 bedroom under $750.00 is a real challenge these days.

With foreclosures being the catalyst for the surge in rental demand makes Charlotte and the surrounding area perfect for the HomeVestors® of America franchise model. But don’t assume we are talking about buying foreclosures in Charlotte. In fact, most of our HomeVestors offices across the country report very few foreclosure purchases annually. They rely on the HomeVestors® brand “We Buy Ugly Houses®” for their leads and ultimate real estate purchases.

Charlotte, North Carolina is the 18th largest state in the country with a metropolitan population of 1.7 million. Right now the median sales price is just above $152K and there are noticeable increases in existing home sales. Economists are espousing optimism in the economy as North Carolina is expecting 45,000 new jobs in 2011. Many of these will be in the Charlotte metropolitan area.

So my assessment considering the real estate market, demographics and the economy makes for a tremendous opportunity as a HomeVestors real estate franchisee in Charlotte. HomeVestors provides you with local training and support, and a system that has bought more than 45,000 houses since 1996.

Call HomeVestors today for more information about a franchise office in Charlotte and across the Carolinas! Or, fill out the form at the top of this page.

 

_____________________________________________________

Rob Caldwell is a Development Agent with HomeVestors of America and is based in Lake Lure, North Carolina. Rob’s role is to recruit, train and support HomeVestors franchise offices in North and South Carolina. Since 2004 Rob has bought more than 100 houses through the “We Buy Ugly Houses” franchise system. If you are interested in a HomeVestors franchise in the Carolinas, contact Rob today! Rob.Caldwell@homevestors.com or 828-625-5836.

 

When Is it Profitable to Buy Rental Properties?

Wednesday, March 23rd, 2011

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A great article in CNN Money titled 12 Cities: Where to Rent vs. Buy has some interesting stats. They say, “To determine whether it makes more sound financial sense to rent or buy, economists generally use a rule of thumb: They divide the purchase price of a home by the annual rent of a similar property. Anything over a 15, and you should rent because it will cost you less over a period of time. Below 15? Start looking for homes.”

Real Estate Investors should use a similar, simple calculation as a rule of thumb to determine if a rental property will be profitable. If the average monthly rent in an area at or more than 1% of the purchase price of the house. Remember, there are many other factors to look at when covering the potential of an investment property. Not only do you need to cover the loan, but also have money to pay for maintenance, repairs and vacancies. This level will normally give you that cushion.

Another New Boston Franchise

Saturday, March 19th, 2011

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Peter F. DeMasi joins the HomeVestors team in Boston as the HomeVestors team continues to grow. More and more people are beginning to recognize that there is a lot of opportunity in a real estate franchise, and real estate investments in particular.

Peter will have the advantage of having an experienced franchise Aaron Katz and Jeremy Gavin as his real estate mentor. Learning from their wealth of knowledge is something that cannot be purchased in any seminar. Now, if anyone wanting to sell a house fast in Boston have more reasons to call HomeVestors.

Welcome to the HVA Team!

New Chicago Franchise

Friday, March 18th, 2011

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HomeVestors has been adding new franchisees all over the country as real estate investors looking for a real estate franchise see the benefit of the HomeVestors system, and the brand We Buy Ugly Houses®. Infinity Partners is the newest franchise in Chicago.

New owners Dave and Maria M. Gillette will also learn the benefit of working with an experienced Development Agent as their mentor. Their DA, Alan Washer, has literally bought hundreds of houses, and will share his wealth of knowledge with them. This experience and knowledge is something they cannot get any where else. Now, anyone wanting to sell a house fast in Chicago has more reason to contact HomeVestors.

Welcome Dave and Maria to the HVA Team!

The Ugliest House Contest

Thursday, March 17th, 2011

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Real estate investors know HomeVestors franchises buy a lot of houses – in fact we have bought over 45,000 houses. And yes, since We Buy Ugly Houses®, over the course of a year, we buy a lot of ugly houses. So, what is the ugliest house in your city?

Each year, HomeVestors® has The Ugliest House contest. How ugly? Go to www.theugliesthouse.com and see for yourself. Click on the pictures, and you will see more details. If you are a real estate investor, you may want to nominate a house. We are taking nominations now for the contest.

All the houses must be investor owned houses. If you have an ugly houses, and you are a real estate investor, nominate your house today.

If you want to buy a house, you can see from this contest that we buy houses of all kinds. We sell a lot of investor properties, whether you want to repair them yourself or purchasing a rental ready property. Sign up for our investor list, and you will get notified of investment properties. Or, learn about our real estate investment franchise at www.homevestorsfranchise.com