Archive for January, 2013

HomeVestors Knows That Investors Need To Choose A Unique Niche

Tuesday, January 29th, 2013

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Real estate investors need to focus on their talents when deciding which real estate realm to invest in.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that real estate investors come from all sorts of backgrounds, face different circumstances, have different manners of talents, varying access to resources, and personalities that span the entire spectrum. Many fail in their attempt to build a real estate start up simply because they do not take the time to reflect on what the market has to offer them as an individual but rather, follow the pack into something that their background, talents, or available resources might not be suited for. The investment choice an investor embarks on needs to truly reflect their unique set of circumstances, in order for it to produce the desired outcome.

Timing is one of the most important factors that should be considered when making an investment choice. The age at which an investor joins the real estate investing community matters a great deal in shaping what kind of investment they should be putting their money into. For example, it might not be the wisest idea for a senior citizen; to hold on to newly acquired property for many years, waiting for it to appreciate while collecting a little rent in the meantime. That investment choice would suit a younger investor more appropriately. A fully employed school teacher at the prime of their career may be too busy with work, to find any time for engaging in buying, rehabbing, and flipping fixer-uppers. A retiree on the other hand may find this to be the ideal way to productively spend the wealth of time at their disposal.

All investors have different sets of talents, none like the other. The skills an investor bears should not only shape their investment choices, but also dictate what activities they should mostly focus their time doing, and when they should consider outsourcing. For example, a rental investor with legal skills, would be comfortable handling all rental contracts, background checks, special offers, or anything that could potentially require legal assistance, while subcontracting the lawn moaning and hedge trimming to their handyman pal. A great orator or skilled rhetorician, can make a very good wholesale investor who has the ability to approach complete strangers and convince them to give up their distressed property.

Financing is one of the greatest constraints when participating in real estate investing, the lack of which usually scares many potential real estate investors from giving proper consideration to their ambitions. Again, one’s personal financial status, and the cost of acquiring the kind of property they are interested in, dictates their investment choice.

Investing in real estate, especially for beginners depends greatly on what each investor has to offer as a person. Their investment choices should be carefully engineered to coincide with what stage of life they are in, their financial standing, talents, skills, and any other advantages or constraints unique to them.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows The Benefits That A Virtual Assistant Can Provide

Tuesday, January 29th, 2013

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Consider adding a virtual personal assistant to handle the day-to-day activities of the business. These individuals can be found through the Internet and can make business a bit more manageable.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that as real estate investors expand the scope of their operations, the need to leverage time becomes essential. Having a team of assistants to help out with various tasks is the most logical way to go. These days with the Internet extending its reach into almost every aspect of personal and business dealings, a virtual assistant is a logical consideration. Just like a regular personal assistant, a virtual assistant would assist with most routine work, interview processes and handle daily correspondences.

A virtual assistant offers most, if not all of the benefits that come with hiring a personal assistant, with some extra bonuses. First of all, virtual assistants are generally less expensive to maintain on average. Virtual assistants are generally independent contractors and hence, not entitled to benefits like health insurance and retirement benefits, which regular employees usually are. It isn’t that hard to find virtual assistants either. With the proliferation of freelancing sites and with the perpetual high unemployment levels, there is no shortage of quality skilled individuals looking to work online.

The fact that a virtual assistant can work remotely dispenses the need for having a physical office for which rent and utilities would have to be paid. There won’t be any need for a permanently installed landlines telephone either. A local VOIP number can be established for a very low cost. It wouldn’t make any difference to a client being contacted from such a number, as to what part of the world an assistant making a call to them was located in. Since independent contractors take care of their own tax obligations, investors wouldn’t have to worry about that either. Finally, there are very convenient, secure, yet inexpensive ways to make payments, such as through PayPal.

As with anything that makes life better, there are drawbacks to using virtual assistants as a means to leverage time. It is never easy to verify qualifications or the identity of an applicant. Anyone can say they are whoever they want to be on the Internet and can claim to have any number of qualifications or skills they desire. To get around this, investors should always make sure they carry out their recruiting on well reputable sites like Odesk or Elance that take the pains to verify identities and provide self-assessment tests on various subject areas. A foolproof contract can always be drawn up and signed by both parties to solidly establish obligations and rights. To make the working relationship less impersonal, interviews or regular meetings can be conducted over video chatting platforms such as Skype.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows That Investors Need To Be Aware Of Real Estate Trends In 2013

Monday, January 28th, 2013

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Investors who properly invest their capital in 2013 stand to earn a great deal as property values continue to increase. 

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that real estate investors who understand the times tend to achieve greatness.  The real estate market is constantly changing and staying up to date with which investments are currently profitable is a necessity to staying on top.  All in all, real estate trends in 2013 are based upon an improving economic market.

As most investors are aware, home prices are on the rise. This is good news for investors who have the financial backing to purchase these investments now and sell when prices appear to have peaked, possibly in late 2013.  The cost of building material and labor has also increased, thereby decreasing the amount of potential new construction.  This reduction in overall supply is another reason why existing houses are set to experience price increases in 2013.

Realize that there is still a great deal of short sale properties littering the market.  While most foreclosed properties have reduced to a trickle and have lost their profit potential, short sales can still be a logical investment for investors.

An increase in first time homebuyers is another real estate trend in 2013.  These individuals are choosing to purchase over renting because they realize the benefit they can attain by buying properties at near rock bottom prices.  Many of these individuals want to lock in a mortgage while the interest rates are still low.  These mortgage rates are expected to begin to climb in 2013.  Many experts are expecting interest rates to go back to about 4%.

Another real estate trend in 2013 is that rental rates will continue to climb.  Real estate investors looking to capitalize on the rental industry should consider purchasing multi unit apartment complexes.  Investors who do so stand to do quite well as they earn increased income at multiple levels both long term and short.

An increase in potential buyers and a decrease in properties give us an economic situation where prices have the potential to increase.  As rental rates increase investors looking to capitalize on this should obtain financial backing now, before interest rates rise.  It is important to act quickly on the real estate trends in 2013 because this year will come and go.  Those who invest their capital in the correct investments stand to earn a respectable return.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows That Commercial Real Estate Is Likely To Be A Safe Bet

Monday, January 28th, 2013

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Investors who have the ability should consider investing in commercial real estate at this point in time. 

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that commercial real estate remains a viable investment sector for investors looking to earn profits.  Assuming that the economy continues to move forward, employment will pick up and there will in turn be greater competition for commercial property.  Commercial property weathered the housing market crash of 2008 fairly well, considering that many individuals lost their jobs.  Commercial property is picking up even more speed and should be considered before other real estate investments.

Investors who are considering investing in commercial property need to keep their focus on a number of external factors including the economy strength of Europe and China.  The recession in Europe has been a drain on the United States economy due to the decrease in trade.  China’s economy has been slowing as of recent and if it continues to slump it will be unable to import as many goods from the United States as well.  Importation from both Europe and China provide a great deal of jobs to the United States.  On the other hand, if these major economies happen to pick up, more jobs will become available in the United States.  This will increase the commercial sector to a greater degree and make it an extremely attractive investment.

Investing in multiunit apartment complexes may currently be the best commercial property investment.  Rents are continuing to creep upward and many people either don’t have the funds to purchase a property or don’t feel that buying a property is currently a sound financial choice.  Cater to these people by providing them with rental property.

The biggest hurdle for small time commercial property investors is a lack of money.  Investors who wish to claim a piece of the pie need to examine their options.  Investors may consider creating a team of investors, thus effectively financing and decreasing the risk of a commercial property investment.

At this point, private lenders are likely the way to go.  Banks have greatly increased their borrowing standards and obtaining a traditional loan for a commercial property investment is quite unlikely.  Investors who rely on private financing need to be aware of the elevated interest payments and calculate these costs into determining whether a respective investment is bound to be successful.  Stay within the realm of the commercial property sector as a safe bet for the near future and beyond.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows That A Real Estate Attorney Is Indispensible

Thursday, January 17th, 2013

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Invest capital in an experienced real estate attorney and rest assured knowing that all contracts are written legally.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that buying and selling houses, or holding property for the purpose of renting, is in actuality much more convoluted then it appears on the surface. There are so many layers of the law, at federal, state, and municipal level that real estate investors have to abide with, the failure of which might invite huge penalties including, unintended tax balances, fines, lawsuits from private persons in the general public, lawsuits from clients, or even jail time. A good real estate attorney, who is equipped with the skills to guide a real estate investor away from such negative outcomes, has to be at an investor’s top investment priorities.

Some states require investors to hire real estate attorneys to guide them through the process of every real estate purchase transaction including closing. Even in those states that don’t, a real estate attorney remains an indispensable asset. The higher the stakes involved, the more sense it makes to get an attorney involved in order to avoid costly mistakes. During the process of negotiating a deal and drafting up a contract, the presence of an attorney is especially useful. A good real estate attorney would first and foremost provide a peace of mind to an investor who doesn’t have to worry about legal intricacies. It is also extremely relieving and provides a sense of balance when their own attorney also represents the other party at the other end of the negotiating table. Experienced real estate attorneys can spot a potential problem in a contract from a mile away, and will be able to advise their client about how to best modify a draft contract to avoid future potential problems. They know how to legally circumvent possible stumbling blocks that can stand in the way of a deal going through.

Other important documents connected with a sale such as the deed, title policy, insurance policy, and mortgage loan documents, are usually examined by a real estate attorney, who should be skilled enough to catch occasional errors like misspelled names or errors in legal descriptions, which can be rather costly to correct once they have been filed. Real estate attorneys also typically play major roles in the closing process. They examine chains of title, looking out for possible errors that could delay or stall a sale. They can be very instrumental in resolving any issues discovered right before closing day. They also help explain the terms of contracts and loans by examining all documents for complete accuracy before closing.

Obviously, these tasks, which can costs investor’s days and even weeks of headache, are worth paying a real estate attorney. An investor should make sure the candidate they pick is well reputable, is licensed to practice in their home state, and is backed by a wealth of experience in real estate law.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows That Rental Investors Should Seek Out Multi Unit Properties

Wednesday, January 16th, 2013

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Investors who obtain multi unit rental properties usually fare better than those who invest in single unit rental properties.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that residential rental properties make for some of the best real estate investments. They provide good cash flow and excellent tax benefits. To maximize revenue and minimize overhead costs, an investor who embarks on a rental investment venture, should consider multi unit properties as opposed to single unit rentals. The more units there are, the better off an investor should be.

The advantages multi unit properties offer are quite obvious. To begin with, more units imply more cash flow. Rents from multiple sources are always better than that from fewer sources. More units also help spread risks. For example, losing one tenant would be less detrimental to a rental investor’s income if they had many more tenants than if they had just a few. Losing just one tenant in a single unit property means losing ones’ entire income source.

Multi unit properties also enjoy better economies of scale. For starters, the cost of purchasing a multi unit property is often less than that of multiple comparable single unit properties. That represents a great deal of savings for an investor because the multi unit will earn more revenue. Since facilities like pools, spas, lawns, roofs, laundry rooms, and parking spaces are often shared in apartment buildings, the cost of maintenance will be considerably lower for the owner of a multi unit complex. It is also more economical to hire management companies to run multi unit buildings. It just doesn’t make sense to hire a management company for a very small number of units let alone a single-family house. Management companies give rental investors the freedom to focus on finding deals and not be bogged down with the intricacies of taking rental applications, dealing with tenants, or collecting rents.

When it comes to finding deals, an investor will have a much easier time in the multi unit property market over the single-family property market. This is because comparatively, the single-family home market is more crowded. There are more seminars, pieces of free advice, experts willing to dish out knowledge, and generally more hype around the single family home. Hence the competition is more rife, making it harder to find deals. Multi unit properties on the other hand get far less attention. For investors who focus on renting, multi unit properties are what they should be primarily interested in and the more units they can get, the better.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows That Special Offers To Tenants Need To Follow The Fair Housing Act

Tuesday, January 15th, 2013

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Offering business specials can be a great way to bring in more tenants but beware that these deals can be viewed as discriminatory if they aren’t offered equally to everybody.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that rental investors or managers of rental property frequently offer discounts and other enticing offers, to lure in new tenants or retain existing tenants. In many cases this could represent a smart business decision but not always a good legal one. Whenever specials are offered there is always the risk of not being in compliance with the Fair Housing Act. This is a federal law, which prohibits any sort of discrimination in selling or renting to anyone based on their race, color, religion, national origin, sex, familial status and handicap.

The Fair Housing Act is an extremely grey area of the law, and what constitutes discrimination is not so clear-cut. When offering rental specials, it is often the case that not all prospective tenants will be offered the exact same deal. For example, a rental investor may run a special that offers a waiver for 50% of the security deposit. Now, if a second prospective tenant comes by and isn’t offered the same special deal, they may interpret this as being discriminatory. Odds are no two tenants will fall under the exact same protected class categories across the board in diverse parts of the country. Under such circumstances, a lawsuit may be filed, claiming unequal treatment based on race, color, religion or any of the other protected classes even though the decision to offer one tenant a special offer was purely a business decision.

The easiest way to avoid an infringement on the Fair Housing Act is to treat everyone equally and not modify any special deals such that different people get different versions of the same offer. However, this is not the best way of going about doing business. Every client has different circumstances and situations do arise where some individuals have to be treated differently based on their needs. When running specials, rental investors need to clearly spell out the terms in writing, including circumstances under which the terms could be modified. The offer should have a specific start and end date. Any special back room deals should be clearly documented and signed.

The Fair Housing Act is a well-intentioned piece of legislation, meant to prevent discrimination. Unfortunately, people seeking to gain from the system often misuse this well-intentioned law. For this reason, rental investors must take cautionary steps when offering special deals. As a rule of thumb, everyone should be given the same treatment but in some case individuals need special accommodations. There should be a well-defined, documented set of rules and these same exceptions should be offered to anyone else who meets the same criteria.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows The Importance Of A Business Credit Score

Tuesday, January 15th, 2013

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It is essential for a real estate business to have a high business credit score in able to leverage money properly.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows how important it is to obtain and maintain a solid personal credit history. In the real estate world in particular, it is almost impossible to do business without good credit backing. However, instead of relying on personal credit, real estate investors should create and maintain business credit. This would require setting up and cloaking their business in a business entity like an LLC, then establishing a business bank account through which all their transactions are handled. This to a degree, dispenses the need for good personal credit, and protects an investor from guaranteeing loans with their personal assets, while placing the burden on their business instead.

To get started, an investor needs to find out if they already have a business credit file or not. They can do so by calling a credit reporting agency and in case they don’t already have one, it is easy to have one set up simply by applying for their own unique business identification number issued by the federal government. They also need to set up a business bank account and a phone line in their business’ name. In order to build credit, an investor would have to ensure that all their vendors, banks, and suppliers report to business credit reporting agencies. Unfortunately, most don’t, and therefore, an investor has the responsibility of ensuring that all the businesses they deal with, report their activities to credit reporting agencies. Smaller businesses usually don’t have the resources to report credit activity. This is important for those investors who do business with other small businesses. They must request to have their activities reported.

Maintaining good business credit requires paying bills on time, being mindful of those factors that affect credit, and careful monitoring. Some of those factors which can affect business credit include the number of transactions as a whole, payment habits, outstanding credit balances, trends of credit usage, company revenue or business size as a ratio of debt, and length of credit activity. Very complex algorithms are employed in putting these variables together and computing a business credit score. An investor’s job would be to maximize each of these factors in their favor to get the best possible score.

Constantly watching their credit is also an extremely important step for an investor concerned about the health of their business credit. Credit scores can decline very rapidly with the slightest change in borrowing or purchasing behavior and it is necessary for investors to stay on top of things by following the trends closely, taking steps to correct whatever needs to be corrected in order to restore declining credit.

A good business credit score is an indispensable asset for a real estate business. Establishing and maintaining solid business credit, is therefore essential.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

HomeVestors Knows The Top Reasons Why People Give Up On A Real Estate Investing Career

Monday, January 14th, 2013

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People who want to get into real estate need to know that a great deal of work and dedication is necessary to succeed in the field.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years. The company knows that many people have fancied themselves flipping houses, or presiding over residential rental property and commercial property but such thoughts usually only end at the level of a fantasy. Even during the real estate boom years when there was an effort to convince common people to take up real estate investing with promises of getting rich quick, the majority who answered the call, quickly dropped the idea soon after looking into it, usually deciding it was too much of a hassle or too risky. The reasons why most people don’t continue their real estate venture will be examined here. How can an investor avoid these stumbling blocks and make their dreams come true?

Lack of funds is obviously the number one reason why most blossoming investors make a quick U turn and embark on plan B even before giving real estate a fair chance. Seasoned investors often claim that they started off with next to nothing and these aren’t just idle claims. Lack of money shouldn’t be a beginning investor’s or any investor’s main concern. What’s really more important is the ability to find deals, negotiate prices, and to be an efficient marketer. An investor who can demonstrably exhibit these skills would have no trouble attracting affluent partners eager to wager their money on those exceptional skills. Not having good credit is a similar excuse that can be knocked down by the same argument.

Another common reason that people cite for not taking real estate investing seriously is due to a general sense of skepticism and cynicism. With all the scams and too good to be true sounding pitches people get bombarded with on a regular basis, there should be indeed be some room for cynicism. However, that doesn’t mean that the baby should be thrown out with the bath water. What most people fail to realize is that taking the time to actually study something and become properly informed leads to the ability to distinguish the real deals from the fakes. There are obviously risks associated with investing in real estate but anyone who is serious enough, dedicated, and ready to put in the hard work will likely make it in due time.

Some want-to-be investors cite not knowing where to start off as a convenient excuse for giving up. There are several investment options available in the real estate market and anyone who is serious about making it can easily find their niche based on their skills and available resources. There is also tons of help available through free literature and seminars and serious beginner can properly educate themselves. The opportunities are limitless and no matter what local market an investor plans to operate in, chances are, there are going to be opportunities unique to that market that are just waiting to be taken advantage of. Real estate investing has always been one of the safest investment types regardless of the kind of argument put forward against it.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated 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 2012, for the seventh 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.

Investors – Be Aware Of All The Fees Incurred With A Passive Real Estate Investment

Monday, January 14th, 2013

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Investing in real estate is usually a long-term profitable venture but most people don’t have the time, the knowledge, or inclination to actively pursue a real estate investing career. For those investors who fit this bill but are still interested in making money off the real estate market, there are a number of passive real estate investment opportunities which they can take advantage of. These include Real Estate Investment Trusts (REITs), Real Estate Mutual Funds, Tenants in Common (TIC), and Limited Partnerships. Such investment opportunities offer investors with diversification, access to well qualified management teams and consequently very generous investment returns. The down side is, there are very often, hidden fees associated with them, which are not always obvious, but have the potential to eat into profits to such an extent that such an investment may not be worth it.

There are some fees involved with passive real estate investments which are a little more obvious to investors and which are required to be paid before any portion of an investor’s money can be pooled into an investment. These are known as front end fees, so termed because they are more transparent. They may include legal fees, sponsor fees, organizational fees, accounting fees, commissions to investment advisors, underwriting fees, reimbursements to sponsors, and a whole trove of others. An investor can easily determine if a passive investment is worth it, by accessing the total front-end fees. If they exceed a threshold percentage of their total investment, it may be worth scraping the investment altogether, or working with another sponsor that charges less.

The fees that passive real estate investors need to do a little bit of digging around to discover are those classified as hidden fees. These would include ongoing fees and back end fees. Ongoing fees are fees paid by investors on a continuing basis, usually from the ongoing or periodic income produced by an asset. They can either be billed to the investor as a percentage of the income earned, a percentage after an investor receives a preferred return, or a fixed one-time fee. Some other ongoing fees an investor may have to pay include yearly legal fees, accounting fees, director’s payments, and property management fees. Back end fees are those charged when a property invested in has sold and income has been earned. Back end fees may also be charged for items like agent’s commissions and points paid to mortgage brokers. Investors are occasionally charged so called dissolution fees for ending an investment.

It is necessary for an investor willing to participate in real estate investments, to access all hidden fees and front end fees associated with any particular investment entity before putting their money into it. Talking to a financial analyst, a CPA, or a real estate counselor would be the place to start when considering a passive real estate investment.

Asking questions with these tips in mind will help save real estate investors thousands. For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com. We are the nation’s number one home buying franchise with over 15 years of experience. Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business. Come see us for more information.