Archive for March, 2012

Why Should You Be Scared?

Friday, March 16th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Oh, no! Gas has gone up and down and up and down a little and up again! Quick, everyone! Hide your savings before they are blown away. That’s the feeling you get if you watch the TV these days. Everything is going wrong. There is fighting across the globe, and on top of that, some day we are going to run out of oil and electricity. With Dooms Day scenarios being forecast every day, its no wonder that buyers and investors are running scared from any type of investment, including real estate.

 

Truthfully, there is no reason for you to be scared. Quit watching television if that is what is causing you to have a breakdown. Then, sit down and figure out where you are financially and what you need to do to develop an exit plan. The market and prices always rise and fall. Not too long ago, the oil prices dropped to $2.00 a gallon in many parts of the country. Now they are almost $4.00 a gallon. If you are patient, things will balance out again.

 

Don’t want to Wait?

Some investors don’t want to wait for life to balance itself again. They would much rather set the wheels in motion to start balancing numbers and working on mission criteria.  For these investors, real estate is the perfect market to put their money into.

 

Real estate investing has very little risk involved. There is a large variety of investing opportunities available. For your investing success, you adjust your  investment moves to meet the current market conditions just like you would with stocks. Remember even when property values plummet, investment properties bring in cash flow. Keep renting or leasing your properties, and you will still receive that money every  month. That amount is not effected by the value of your property.

 

Don’t stress. Remember, the market will improve again. Your competition may be thinned out greatly, but real estate will always exist and be needed. This means you will always have a job and opportunities to make more money.

 

For more information on real estate investment ideas, call or visit us at Homevestorsfranchise.com. We are the nation’s number one home buying franchise, and we have a large variety of  real estate investments and real estate franchise opportunities to help you grow your real estate business. Come see what opportunities we have for your business!

 

 

What Real Estate Investors wish Homeowners and Real Estate Agents Knew, Part 1

Friday, March 16th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Being a real estate investor is an exciting job, but it is filled with lots of complications. The largest one is the misconceptions that real estate agents and homeowners have of the real estate investing business. By eliminating some of these miscommunication, real estate investors will have a much easier job. Here are a few important things real estate agents wish homeowners and real estate agents knew.

 

Price and Offers

Real estate investors get a bad reputation because they do not offer the full value of the property to the homeowners. The problem is the property is being purchased for their business. If they paid full price, repair or renovate, and then try to sell the property, there would be no way they could make their money back. In fact, real estate investors would continually go in the hole. By offering less than full price for the property, they are able to also pay for repair costs, insurance, appraisals, inspections, licenses, and permits  in addition to the price of the property.

 

Paying For It

Unlike normal buyers, real estate investors do not usually rely upon bank financing to pay for their properties. Many times, they use private investors and short term loans from private lenders to pay with. This allows them to close quickly upon most properties instead of having to wait for bank approval and distribution of funds. This isn’t dirty money, and these lenders aren’t bad people. They are just individuals that would rather put their money into the security of real estate than wait on stocks to appreciate.

 

Making the Sale

Real estate investors know that traditional home sales work. However, they are not always the best solution for real estate investors. As a result, a good real estate agent with an open mind can be a valuable asset to a real estate investor. A good agent will be able to handle the perils of renting, owner financing, and rent -to-own. These types of transactions may not have a huge commission upfront, but if they regularly work with the investor, real estate agents can actually build a pretty healthy sum up from fees and smaller commissions.

 

There are other secrets real estate investors wish everyone knew. For more information on real estate investing, call or visit us at Homevestorsfranchise.com. We have a large selection of real estate franchise and real estate investment opportunities available to help you grow your real estate business. For more information, call or visit us today.

Illegal Real Estate Investing?

Thursday, March 15th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Real estate investment is a great way to make money. Unfortunately, if you aren’t careful, you may accidentally violate a few laws, especially if you are wholesaling properties. Although this may seem like a small inconsequential affair, illegal transactions can result in a fine, a scar on your professional career, and a lengthy stay in jail.

How to avoid bad transactions:

The first step to not going to jail is to take every precaution necessary to avoid it. This begins with not misleading the seller when you talk to them. If you are a real estate investor, explain to the homeowner what it is that you do. This way they will feel more comfortable with their decision should they choose you. Nobody wants seller’s remorse…certainly not after you sell the property to someone else!

Look at your paperwork. Make sure that your real estate lawyer checks over all of your documents and contracts. They will be able to pinpoint any areas that are questionable. If you don’t  have a real estate lawyer that you use, get one. It will save you a lot of heartache in the future.

Choose your wording carefully, and have your real estate lawyer go over your choices a second and third time. The right word can mean the difference between a diamond mine and jail time. If you can do anything to avoid the latter, do it!

Add an assignable clause. Although all contracts are assignable unless stated otherwise, this clause keeps sellers from feeling mislead later.  Without this clause, you may have a lot of upset or angry individuals once you assign the property to another investor.

Never take a commission as a real estate investor. You may take a fee, especially an assignment fee, but the only people that can legally take commission in real estate are licensed agents and brokers. Make sure that in your contracts the correct wording is used. One slip is all it takes to land you in lawsuit heaven.

Real estate investing is a fabulous way to earn a living, but make sure your efforts are honest and not questionable. All it takes is one wrong word to mess up your credibility.

For more information on real estate investing, call or visit us today at Homevestorsfranchise.com. We have a large selection of real estate investment opportunities as well as real estate franchise opportunities available. If you want to grow your real estate business, call or visit us today for more information.

Real Estate Financing Alternatives

Wednesday, March 14th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Whether you are a buyer or real estate investor, everyone is having a difficult time getting the financial approval for property loans. The crazy national economy and the long list of foreclosure in recent years have banks running scared. Then, add the nation’s new laws governing lending, and you can see why very few businesses and individuals have been approved for financing. If you are trying to purchase a real estate investment property, it may be in your best interest to use alternative means of real estate financing.

Owner financing is one financing alternative that many real estate investors are turning to. In this instance, the seller not only sets the price, but they provide the means for financing the property and set the interest rate. Normally, this arrangement is a lease to own or fully seller backed loan. In either case, the seller approves the buyer, and the buyer pays the seller for the property over time. In order to get approved, buyers must have a down payment, references, a job, and a credit history that sellers can work with.

A second financing option is going through smaller financial institutions. Credit unions, savings and loans, and small local banks usually are more accepting and willing to work with people. These smaller lenders are usually more willing to negotiate with potential buyers, and they keep good tabs upon their clients. If you have decent collateral or a good down payment and a decent paying job, they are willing to do business with you.

A third viable option is using a private lender. For many years, real estate investors have been successfully using private lenders to finance their investments. These lenders can be anyone in the community that wants to make a little money. They can be found at public forums, job boards, newspaper classifieds, real estate clubs, the post office, and the grocery store. They are usually more flexible with their money and they make it simpler to borrow and pay back. Many times once the loan has been repaid, private lenders are more than happy to loan the money to you again.

If you are growing your real estate business and need financing, these three alternatives can provide you with the capital you need. For more ideas on real estate investment, call or visit us at Homevestorsfranchise.com. We are the nation’s number one home buying franchise with over 15 years experience buying and selling homes. We have multiple real estate investment and real estate franchise opportunities available to help you grow your real estate business. Come see what opportunities we have for you!

Things for Real Estate Investors to Remember

Wednesday, March 14th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

 

Real estate investors have plenty to worry about when it comes to managing their properties. Putting these issues in your contracts will help you to prevent or head off a lot of management problems.

Pets – Allowing pets is a great idea, however, any special restrictions, like size limit or number of pets, need to be clearly spelled out in writing. In addition, any restrictions on poo in the parking and common areas should be mentioned too.

Maintenance issues – The system for reporting and taking care of maintenance issues should be written, as well as how maintenance issues will be taken care of and who will be responsible for paying for them.

Security – All security measures taken on each property should be spelled out clearly. If there is a particular method for reporting concerns on security like dangerous situations, suspicious activities, broken locks, busted parking lights, or broken security items, you should have it spelled out clearly as well.

Mischievous, criminal, or drug-dealing tenants cause problems for others and can give your properties a bad reputation. Spell out your expectations in your rental agreement, including renter behavior. If the code of conduct cannot be follow, you will have grounds to evict these individuals.

This last issue is very important. When your other renters or neighbors feel threatened, you are responsible legally. The police may give you fines and criminal penalties letting the situation happen.

Checklists: One of the most important things you can have with your renters is communication. By putting into your contract that certain things like maintenance and repair checklists as well as security lists will have to be completed during the contract period, you are giving your renters a chance to tell you what needs to be done. It also helps you to reduce your liability by avoiding potential problems.

Property Visits: Make sure that it is written into the contract that the property will need to be personally inspected twice a year. This lets the renter know ahead of time that they must take care of the property properly, and it gives you legal recourse to come into their homes to check for issues.

Real estate investment can be tricky when it comes to managing properties. However, spelling everything out ahead of time can make it a whole lot easier.

For more information on real estate investment as well as real estate franchises, visit us at Homevestorsfranchise.com.

Real Estate Investment Creativity

Tuesday, March 13th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

For some people, buying and selling real estate isn’t a large enough challenge to their creativity. Instead, these individuals need other investment opportunities that make their spontaneous and artistic juices flow to grow their real estate funds. For these investors, other options for increasing their finances are vitally important to their future retirement plans.

Want to be a syndicator?

A syndicator is the person that puts real estate deals together for themselves and other investors. Since you put the deals together, you have the rights to all of the fees too. These include management fees, acquisition fees, and even a percentage of the property.

Does your property have air, oil, minerals, etc.?

If you own land, chances are your land has usable characteristics that you can lease out or have people purchase the rights to. It is up to you whether you sell or rent the rights. Depending on the area, your air rights may be just as valuable as or more valuable than the land you own.

Assembling

This is similar to development, but it requires a lot more planning. You begin to buy pieces of property close to or beside each other. After a while, you turn the combination of plots into one large property. This is seen a lot in cities, where smaller buildings are purchased and either tied together or rebuilt as one new massive structure. This type of money making takes years to undertake and a massive foreknowledge or foresight of things to come in the area.

Tax Breaks and Government Programs

Many real estate investors don’t think about making money off of buying a property, but if the numbers are right, you can actually earn money by buying real estate. Local and federal governments offer government-sponsored programs and give tax breaks to those individuals that purchase real estate. By taking the time to investigate these programs and numbers, you may actually qualify for a reduced interest rate programs, larger tax break on your federal taxes, grants, reduced property taxes, and a wealth of other delicious advantages.

Real estate investing doesn’t have to be the same old buy and sell routine. With a little ingenuity, just about any investment idea can grow your money. For more real estate investment ideas, call or visit us at Homevestorsfranchise.com. Our company has a large selection of real estate investment and real estate franchise opportunities to grow your business. Call or visit us today for more information.

More Real Estate Investment Money Makers

Tuesday, March 13th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Real estate investing is a wide and varied field. This is good news for those real estate investors that are worried about getting into an already crowded career area. Depending on who you ask, there are over a dozen different ways that real estate investors can make money. Each one takes a little creative thinking and elbow grease.

Making Money

Private Money Lending

One of the easiest ways for real estate investors to make money is to lend other people money to buy properties. You decide how much you will give, and you decide the loan length and interest rate. This is very beneficial for investors that do not have the funds to put down on properties or for individuals that cannot get financing through other means.

Buying Liens

An alternative to lending out your money is to use it to purchase liens from their current holders. Many times, lenders need the capital after the have made the loan. Through buying out the lender, you receive the existing lien. After you pay off the lien, you can buy out the owner and obtain the property.  Some real estate investors take the amount of the lien into account when making their offer to the owner. This usually allows them to get the property at a discount.

Development

Many real estate investors have successfully delved into the world of real estate development. These individuals see the potential in land or existing large structures. They take these projects and change them by adding large structures or breaking large structures into smaller interior ones. Usually, the developer makes his money after the structure sells or on a monthly basis once it’s rented out.

Buying Notes

Once homeowners own a property, they can take back their mortgage for a note. Some places will not accept notes, and these homeowners need cash to use. You can purchase these notes from their owners, usually for less than the note is worth. The discount you get will vary on the immediacy of the need. In addition, you may be able to sell the note to someone else later for a profit.

These are just a few more of the investing options you have at your disposal. For more information on real estate investment, call or visit us at Homevestorsfranchise.com. We have an abundant assortment of real estate investments and real estate franchise opportunities available. Come see what opportunities we have to grow your real estate business.

Quality Property Managers are Hard to Find

Tuesday, March 13th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Every real estate investor knows a property manager will save you time and heartache. Unfortunately, too many inexperienced real estate investors find themselves hiring property managers that aren’t any good for themselves or their business. In order to avoid this and save you money in the long run, here are some tips on great property managers.

Cost

Your real estate business can afford a little expense, but there is no reason not to look for a good deal. Make sure you get quotes from multiple companies. You don’t want to be over charged. Then again, you don’t want a company that will do the job for cheap, because a cheap job usually means a poor job.

Experience

Experience is a hard teacher, but there is much that property managers learn by it. Make sure the person or company you hire has been in business for years and has many positive recommendations. If a management company has little experience or lacks good recommendations, chances are you should avoid them.

License

Just like with real estate agents, a license for a property manager is proof that they have had training and have passed the requirements to become licensed by the state. One of the side benefits is you can file a complaint against their license if their performance for you is found lacking.

No Pressure

The secret about pressure is people only use it when they are stressed or it benefits them. Do not give in to any pressure. When people start being pushy, stop yourself. Politely tell them you will consider their offer and but that you have other offers think about. If you give them a time and date that you will call them back by, they are less likely to stand there being overbearing.

References

Always get references you can contact. Any business that doesn’t want you to contact their references usually has something to hide. Their references will give you an idea of what it is really like to work with them. If you call and they aren’t great references, you should consider other alternatives.

Resolutions

Customer service is always a deciding factor on whether people return to a company or business again. You need to know the property management company’s policy on customer service and problem resolution. If their policy looks questionable or if they don’t have one, this company may not be experienced enough to work for you.

Contracts

Always get a copy of your contract with them and the contracts they will be using you’re your clients. Make sure you and your lawyer go over them thoroughly. Remember, the difference in a good deal and a bad one is usually found in the fine print.

Management Company Hours

The purpose of getting a management company is so you don’t have to be on call all the time. However, someone has to be. Be sure to check the company’s policy to find out what happens when no one is in the office.

If your real estate business is happy with one of the property management companies, hire them. A property management company is one of the tools that will make your real estate investing easier. For more ideas on real estate investing, call or visit us at Homevestorsfranchise.com. We have an abundant selection of real estate investments as well as real estate franchise opportunities available to help you grow your business. Call or visit us today for more information.

You Need Property Management

Tuesday, March 13th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

It happens to many of us. You buy a real estate investment property intending on renting and maintaining it yourself. Then, you get your first tenants and realize just how much work a rental properties is. Instead of getting overwhelmed, this is when you look for a property management company.

The nice thing about property management companies is they can help you manage your properties from the moment you sign on the dotted line. Property management companies can handle everything including remodeling and upgrading the property before it ever hits the market.

Why Should You Hire One?

In the beginning, property management companies will save you time and stress. They usually take care of all tenant questions and needs. They normally handle maintenance issues as well. This takes all of that hassle off of your shoulders. That way you can take care of your real estate investment business.

In the long run, property management companies actually save you money. They make sure everything is running appropriately. When everything is properly maintained and ran, there are fewer repairs to be made. Over time, this can save your real estate business thousands of dollars.

How to Ensure You Get the Best Property Management Company

Do your research ahead of time. Contact the Better Business Bureau for names of reputable companies. Try looking online for companies, and don’t forget to ask other real estate investors for referrals. Usually, other real estate investors will tell you if they have had a poor experience with any company.

Check for associations and memberships. These are organizations that give companies a set of standards to behold and help to hold them accountable.

Check for licenses. Anybody can say they are a reputable business, but if they are truly good, they will take the steps to get their license through the local authority or state. This is also protection for you. If anything happens, you can always file a report against the company.

References are the next thing you should check before hiring a property management company. Good companies will gladly give you the contact information for previous clients. If they have done their jobs well, their previous clients will gladly tell you about it. Also know that not everyone will be happy all of the time, and you should heavily weigh all comments before you make your decision.

For more ideas on how to make your real estate investment business better, call or visit us at Homevestorsfranchise.com. We are the nation’s number one home buying franchise with over 15 years experience buying and selling homes in all conditions. We have the real estate investment and real estate franchise opportunities you need to grow your real estate business. Come see how we can help your real estate business.

Planning Is Crucial

Monday, March 12th, 2012

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

Many real estate investors fail to plan what they are going to do, from finding properties to closing deals. Unfortunately when you fail to plan, you plan to fail.  That’s why most real estate investors are not able to successfully close real estate deals. If your real estate business is going to be award winning, you must plan to be the best.

 

Plan?

For many people, plan is a four letter word. The good news is planning means different things for different people. For some real estate investors, it means to prepare with facts and to have an idea and concept of where you want things to go.  For others, it means to meticulously write down and plan exactly what to do, say, bring, etc.  Both strategies help you to get your mind prepared for talking to potential clients. Whichever way you like to plan, just get started. A thorough checklist should get you successfully on your way.

Your List

First, your checklist should start with the items that you want to bring with you as you look for properties and to meet with potential clients. Business cards, brochures, referrals, testimonials, company business portfolios, camera, notepad, and extra pens should all be on your must-have checklist. These items will move you from shaking hands to signing contracts.

 

Second, your checklist should also include any key features or items of your home that you should be looking for. By having these written down, you will be sure not to miss any key items when you are walking around and taking pictures. These features will also give you fodder for asking questions and finding out more about the property.

 

The third thing you may want to include on this checklist is key points you want to bring up or may want to include. These may include your success rates, the current local market stats, etc. When you are interviewing the seller or discussing their concerns, these points will keep you headed in the right direction…towards the contract.

 

If you are going to have a lot of real estate success, planning is the first step to getting there. The next step is to look us up at Homevestorsfranchise.com. We are the nation’s number one home buying franchise, and we have just what you need to grow your real estate business. From real estate franchise opportunities to real estate investments, we have just what you need. Call or visit us today for more information.