Archive for February, 2014

HomeVestors Knows That Finding Good Real Estate Deals Is The Key To The Business

Monday, February 24th, 2014

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Investors who have the ability to find great deals and close on them are able to earn a substantial income in the business. 

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 the key to being an excellent real estate investor all stems down to finding good real estate deals.  Those who know how to do this are able to purchase property far below its market value and capitalize on their exit strategy.

Those who understand the process of finding good real estate deals are able to earn a profit from their pursuits.  There are many ways to find real estate that is being sold at a bargain, but the best way is to actively search for it.  Use word of mouth and become involved in the local real estate market on a personal level.  Consider dedicating a full time effort into finding real estate deals and be ready for plenty of action.

In this business, it is important to get to know the big players.  Consider attending real estate investor meetings in the area in order to obtain knowledge and meet business contacts.  These individuals will likely be able to share coveted knowledge that can change the way an investor thinks about the business.  Those who learn more and know more are able to make better real estate investment choices.

Make it a goal to get out in the field daily and tour neighborhoods that have been deemed to be profitable.  The key to finding good real estate deals in a region like this is to talk to the people in the area.  Strike up a conversation with those in the area and inform them of the real estate business.  Ask them if they know of anyone who is selling their property in the immediately area and follow the leads wherever they go.

Having multiple advertising strategies makes finding good real estate deals a great deal more probable.  Consider creating a powerful Internet presence equipped with a high quality website.  Use advertisements to get potential customers to a website and allow them to make a decision regarding their next course of action.  Make it easy for these potential clients to initiate contact and respond promptly when they do.

Investors who focus on finding good real estate deals through a few different avenues are able to make a living investing in real estate.

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 Marketing The Real Estate Business Is Essential For Success

Monday, February 24th, 2014

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Investors who understand how to target those who are looking to sell their property inexpensively should be able to secure numerous clients. 

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 have a handle on marketing the real estate business should take their marketing strategies to the next level by making sure that they are focusing on the basics.

Those who are marketing the real estate business should make sure that they have all the basics covered before focusing on advanced tactics.  Most real estate investors and clients alike are using the Internet to find each other.  Investors who know how to actively search out these individuals and contact them before another investor, has a chance to secure a large number of deals.  The only problem is that many homeowners who are looking for someone to buy their property quickly don’t know how to advertise.  For this reason, investors should also create ads in order to give these clients a chance to initiate contact.

The best way to capture the attention of a client is to appeal to them on search engine results.  An investor who wants to obtain prime spot for certain keywords needs to understand what is required to do so.  Investors who focus on their SEO and understand the process of moving up in the search results should put in the work necessary to do so.  Most clients trust those who are ranked highly on search engine results and investors who are able to appeal to them will have more than enough business.

Other ways to capture clients on the Internet involves placing ads in locations where these individuals are likely to frequent.  It has been known that creating an ad on Craigslist is essential, as many clients search for an investor to purchase their property through this medium.  Not only should investors have an ad on Craigslist, but they should also search through the site daily, looking for sellers who are desperate to sell their real estate quickly.

In this day and age, marketing the real estate business has turned more into a social business.  Those who understand how to use Facebook and other social media sites as arsenal of exposure should be able to create valuable relationships and offer information to potential clients.  Building up exposure on these sites can directly result in more deals and a large number of positive testimonials.

Those who are marketing the real estate business should be able to find clients who are looking to sell their property.

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 Purchasing A Rehab Property Needs To Be Performed With Caution

Monday, February 24th, 2014

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Investors who are thinking about purchasing a rehab property need to know what they are undertaking. 

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 purchasing a rehab property and then fixing it up is a time-tested technique that many have used to earn a fortune in real estate.  Learn from the best and avoid pitfalls that most beginners tend to incur.

Those who are thinking about purchasing a rehab property need to understand what they are getting involved with.  While a rehab seems like an easy way to make money in the business, there are a number of things that can go wrong.  The most important factor is accurately determining the amount of work necessary, the time it will take to complete and the cost associated with this work.  Those who are able to do this can then make an offer on a property that will enable them to earn a profit in the end.

Investors who determine their target market before purchasing a rehab property are able to use their ability to speculate about a given area before actually investing in it.  Investors should choose to purchase rehabs in an area that is going to enable a quick flip as soon as the property is complete.

Those who are just getting started in the real estate field should realize that they shouldn’t do everything alone.  It is ok to ask for help, especially when purchasing a rehab property, as an expert has dealt with almost all the potential problems and knows how to properly evaluate a rehab property.  Employ one of these individuals to walk through a property, calculate the costs and the amount of time the project will take to complete.  This will enable an investor to purchase a property with confidence.

When purchasing a rehab property, decide who will complete the rehab.  Many investors choose to contract the work out, while others choose to be actively involved in the rehab.  This is a matter of personal preference, but realize that a professional contracting company will be able to complete the work faster and likely, with better quality.  While the project is going to cost more when using this strategy, investors who can cut the time spent on the rehab are in a better position to capitalize on the flip.

Those who exercise caution when purchasing a rehab property should end up with a profitable property on their hands.

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 The Current Mortgage Interest Rates Are Attractive To Investors

Monday, February 24th, 2014

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Purchase an investment property while the mortgage interest rates are still attractive to investors. 

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 the current mortgage interest rates are quite low and are expected to climb over the coming months.  Investors who have found the property they are interested in purchasing should secure the deal now.

Those who want to take advantage of the current mortgage interest rates need to act quickly in order to do so.  The mortgage interest rates have increased to 4.27%, up from 4.09% a week ago.  If this is any indication of what is to come, expect that the rates will continue to increase throughout the year.  Investors who can secure a property in the next coming weeks would be advised to do so, if they want to obtain lender financing.

As the United States Fed continues to reduce their bond-buying program, the mortgage interest rate will continue to increase.  The Fed has suppressed mortgage interest rates for the last couple of years, but this era is coming to a close.  Those investors who purchase a mortgage at the end of 2014 are going to be looking at rates higher than 5%.  If rates push up even higher over the next couple of years, expect that the market will switch in favor of buyers.  Investors should be able to take advantage of the market at that time, but will need to pay significantly more to leverage capital.

Since rental property continues to increase in popularity, consider purchasing one in a prime area of the country soon.  Those who do so will be able to take advantage of the current mortgage interest rates and capitalize on an increase in rental rates.  As more people seek rental property, expect that the value of these properties will soar, giving an investor the motivation to purchase one before the end of 2014.

It is likely that the next couple of years won’t be as attractive to investors, as securing a property under a mortgage will be unaffordable.  As fewer buyers can afford housing, expect that property values will drop.  Investors who have the ability to pay for their investments with cash should consider doing so in the next couple of years.  These investors will have the power, as sellers will be desperate to sell their property to anyone who comes along.

Investors who are able to secure property soon can take advantage of the current mortgage interest rates.

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 The Houston Real Estate Market Is An Investor’s Paradise

Monday, February 24th, 2014

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The Houston real estate market is calling investors to invest in both the commercial and residential sectors. 

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 should consider what the Houston real estate market is offering them.  Currently Houston is increasing in population and prosperity, making it the spot to be.  Investors who invest in residential and commercial property in Houston are bound to earn a decent profit on their investment.

Investors who have their sights set on the Houston real estate market should do what they can to secure investment property.  Consider investing in rental property in the residential sector in regions that are close to some of the biggest companies in the area.  The biggest employers in Houston are oil companies and many of the working class has something to do with them.  Cater to these individuals and purchase rental property close to these booming businesses.  Those who do will find that their rental properties remain full and increase in value.

Investors who are considering purchasing commercial property in order to take advantage of the Houston real estate market should look to areas that are expanding in popularity.  At this point, an investment in almost any part of Houston is bound to take off.  This shouldn’t stop investors from performing their due diligence in order to find the most profitable area.  Consider investing in strip malls in regions that are bustling with life.

The Houston real estate market isn’t bound to slow down any time soon.  Analysts expect that property values will increase 8% in 2014.  Even though the amount of construction in the Houston real estate market continues to increase, it still isn’t meeting the demands of the market.  As Houston continues to expand, investing in land near the outskirts of the city could prove to be a profitable investment.

Investors who get involved in the Houston real estate market will likely be glad they did.  There is currently a labor shortage in the region and a large number of immigrants are likely to move to the region in 2014.  Investors who focus on capturing those who are migrating to Houston are likely to be able to earn a substantial income on a long-term investment in Houston.

Take advantage of the Houston real estate market, as it is giving investors a profitable market in almost any real estate niche.

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 Psychology Behind Writing A Real Estate Ad

Monday, February 24th, 2014

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Understanding how to write an ad that captures its audience is crucial to creating a real estate empire. 

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 writing a real estate ad seems simple on the surface, but there is a great deal of psychology that goes into writing a winning ad.  Those who have this technique mastered should have a significant amount of business.

The art of writing a real estate ad is coveted in mystery, but those who are willing to put their time into it can master it.  The first goal to creating a captivating ad is to capture a reader’s attention.  While there are many ways to going about doing this, the best involves using a headline that reaches a reader on an emotional level and answers a need that they can relate to.

The headline of the advertisement should be followed by information about the product or service in bullet point format that emphasizes the point of the ad.  Ads that use fewer words are generally better, as a long ad is not likely to be read by its target audience.  When creating the body of an ad, it is important to answer a need, demonstrate that one is an industry expert and provide a solution to an impending problem.

When writing a real estate ad, it is best to use pictures to illustrate the point.  Pictures immediately capture the attention of a reader and may be used to lure a client into actually reading the message of the advertisement.  When using pictures, make sure that they have been captured professionally, as this is the best way to impress clients.

When writing a real estate ad, make sure that it contains a limited time offer.  Those who read ads and realize that they only have the next 24 hours to act are more likely to respond promptly.  Ads that are set up to call a reader to action almost all use this approach, as it reaches a client on an emotional level.

The last part of writing a real estate ad involves making it easy for clients to initiate contact.  Investors should give potential clients multiple ways to make contact.  Consider adding a telephone number, an email address, a website, a Facebook account and a Twitter account.  Those who do this will likely be able to reach a client in whatever way is convenient for them.

Those investors who know what goes into writing a real estate ad should be able to secure a large number of clients.

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.

Profitability Of The Rental Industry

Monday, February 24th, 2014

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Before searching for the best property, investors should first search for the real estate market that fits their goals.  Investors who are able to enter a real estate market that is just beginning to boom should be able to earn a substantial income from their investment.  These investors have a wide range of niches available to them, but the rental industry is generally the best pursuit.

Those who invest in the rental industry in an up and coming region are able to capitalize on the increase in rental rates in the area and the increase in property values.  These rentals are bound to stay full, as the area is increasing in popularity and desirability.  Think about both the residential rental sector and the commercial rental sector, as both are bound to be good investments.

In order to get a good idea of what areas are increasing in popularity, look at the industries in the region.  Industries that appear to be profitable for some time to come should be an obvious location that will enable an investor to profit.  Having an understanding of this can be accomplished by simply reading the news, while looking at where big industries are moving.  These industries are almost always moving to a region that provides a better business environment and investors who follow the decisions of big businesses don’t have to focus on market research, as it has already been performed for them.

Those who are investing in the rental industry need to understand what will be expected of them.  Investors will first need the necessary credit to obtain a mortgage from a lending institution.  They will then need to know how they want to run their rental.  Most investors opt to hire a property management company in order to search for new tenants and work with the current tenants.

When choosing a rental, it is important to scout the market for the best deal available.  Purchase a rental that is located close to some of the big industries in the area and profit from those who are employed there.  In this way, a rental property is almost guaranteed to remain full of tenants who have the money to pay for the rent.  Areas like these become even more valuable as time goes by.  Investors should remain on pace with the other rentals in the area and continue to adjust the rental rates accordingly.

When investing in the rental industry, consider a location that is increasing in prosperity, as this will ensure that a property allows an investor to profit.

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.

 

Purchase A Rehab Property With Expert Help

Monday, February 24th, 2014

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Real estate investors who focus on rehab properties generally have a large amount of experience in the field.  Beginning investors should exercise caution before investing in a rehab property, as there are too many variables to calculate.  Beginners who want to purchase a rehab property should work with a professional on their first couple of deals in order to learn from experience.

Beginners who want to purchase a rehab property should work with a known professional in the business in order to make good decisions that are based on experience.  The most important part of the rehab is determining what needs to be completed, while understanding how much it will cost and how much time it will take.

An investor should search the market and consider a large number of properties before choosing one.  Consider touring many properties and get a feel for the inventory on the market.  Get a good idea for what projects need to be completed for each rehab and find out which sellers are most likely to sell their house for a low value.

After determining a few potential projects, work with a professional and tour each property with a pen and paper.  Allow a professional rehab property investor to take note of everything that needs to be completed.  Later, tally up the cost of the rehab project and calculate the time it will take to complete.  Talk with a seller and get a feel for how desperate they are to sell their property.

Now, think over the decision in order to purchase a rehab property that is bound to be profitable.  Go back to the top five rehab properties and make an offer.  Remember this offer has to be extremely low in order to leave negotiating room and take into account the surprise factor.  The surprise factor or Murphy’s Law merely indicates that anything that can go wrong will go wrong.  Those investors who leave themselves some financial room to handle these problems as they arise should still be able to profit from the deal.

Have a funding source lined up in order to purchase a rehab property.  While many investors who have excellent credit can simply purchase a mortgage, many opt to obtain funding from hard moneylenders, as the approval process is less strict.  This ease of funding is offset by the fact that hard moneylenders require at least 35% down and charge interest rates that are sky high.  Those who opt to fund a project through one of these lenders needs to make sure they stay on schedule and flip the project in a timely manner.

Beginning investors who purchase a rehab property should use the assistance of professionals in order to reduce the amount of risk they take on.

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.

 

Purchasing A Rental Property That Turns Out To Be Profitable

Monday, February 24th, 2014

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Purchasing a rental property is the most popular option when entering the real estate field.  Those who do so are able to leverage capital, earn a consistent income and enjoy any increases in property value.  Unfortunately, there are many hurdles that need to be jumped when investing in a rental property.  Investors who perform the proper due diligence are generally able to sidestep these issues.

The advantages of purchasing a rental property are numerous, but those who focus on the negatives of rental property and learn how to avoid them are set to enter the field.  The first key to finding a rental property that is likely to remain full and increase in value is to understand the area.  Investors who purchase real estate investments that are located in areas that are increasing in economic prosperity are the ones who are able to take advantage of the market as a whole.

In order to determine if an area can support a thriving rental property, have a good understanding of the industries in the area and the overall energy.  Are people moving to the area or away?  If the population is increasing rapidly, people are moving to the region, as it provides prosperity.

After determining that an area is a good region for purchasing a rental property, look for a specific property.  When searching for a property, the specific location is important.  Properties that are located near city center or a region that has a great deal of action should remain full.  Investors who can be assured that their properties will take in the greatest amount of positive cash flow can invest with confidence.

Before purchasing a rental property, perform the necessary due diligence on a property.  Does the property appear to be in good condition or does it have a large number of problems?  Hire a professional inspector before purchasing a rental property, as this will ensure that a property is indeed being advertised accurately.

After a property has been determined to be in good condition, determine if the cash flow allows one to profit.  Get a good understanding for the positive and negative cash flow and make sure that a property appears to be profitable on paper.  If not, work with a seller and inform them that their property is priced too high.  Then, make them an offer on their property, but be prepared to walk away, if they happen to say no.

Investors who analyze a property and the area it is located in can make an informed decision when purchasing a rental property.

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.

 

Real Estate Investors Need To Meet Certain Prerequisites Before Entering The Business

Monday, February 24th, 2014

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There are certain prerequisites that real estate investors must attain before jumping into the business.  Real estate investors need to have a working knowledge of the business, a clear summary of their goals and a funding source.  Those investors who have attained all of these attributes should be able to enter the field and prosper.

Real estate investors need knowledge before they can expect to succeed in the business.  This knowledge is freely available and those who have aspirations of getting started in the field should begin reading about the business.  There are a number of websites that do their best to inform beginning real estate investors who want to take it upon themselves to become educated.  Getting started in the field doesn’t require a doctorate or even a high school diploma, but it does require a great deal of motivation.  Avoid paying for programs that have been distributed by real estate gurus, as the knowledge that they are providing can easily be obtained for free.

Real estate investors need to have a defined set of goals and know what they want to achieve in the business.  Goals are everything in the real estate business because when the going gets tough, analyzing goals that have been set forth makes it easy for an investor to get back on track.  When making goals, make sure they are obtainable and are concrete in nature.  In other words, investors should make it a point to use measureable results that need to be completed by a certain date.  Purchasing an investment property by a certain date makes a goal realistic and measureable.

Real estate investors need the funding to make their dreams a reality.  A real estate investor without funding of some sort is a theoretician and can’t actually enter the field.  Contrary to late night real estate infomercials, every real estate deal requires capital of some sort.  Investors either need to pay for a property with their cash or someone else’s cash.

The goal of most investors is to use the second option, as the transaction makes more financial sense from the perspective of an investor.  The typical funding source is through a bank and a typical mortgage.  There other options as well, an investor can borrow funding from private investors, family member, friends, or through hard-money lenders.  While all of these have their advantages, most opt to purchase property by utilizing a typical mortgage.

Real estate investors who have the prerequisites can accomplish greatness in the business, if they are willing to work towards their goals.

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.