Welcome to Real Estate Guide
Real Estate One Article
This is a selection made from among articles on Real Estate One. For a permanent link to this article, or to bookmark it for future reading, click here.
Equity Discount Real Estate Investing
from: James LouisConsider these parameters for a real estate deal:
Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500
If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).
So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:
If I offered to give you this deal in exchange for $10,000 in cash, would you do it?
Remember - this is hypothetical. The real question here is this:
Would you exchange $10,000 in cash for $87,500 in equity?
For most savvy investors, the answer is: Absolutely YES!
This is called "Wholesale Real Estate Investing" - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.
Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times each month, offered you the opportunity to purchase significant amounts of equity for a severe discount...
...It would be quite easy to become wealthy, fairly quickly, wouldn't it?
The answer again, is: Absolutely Yes, it will.
It is through smart "wholesale real estate investing" that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.
...Now the burning question becomes, "Where exactly do I find these wholesale real estate investing deals?"
I know of at least 3 solid sources...
You've got to admit - it will be a pretty wonderful thing when you know how to find great real estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself...
...And that's exactly what "wholesale real estate investing" is all about.
So let's get right to it. Here are 3 places to find wholesale real estate deals:
1.) Visit the local real estate investing club in your area. Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.
2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, "We Buy Houses", or "Sell Your House in 9 Days" or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.
3.) Watch your email-box. Why? Because if and when you choose enrollment in various free e-courses online, such as that via tm-RealEstateInvesting.com, you'll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you've got to act quickly whenever these deals are announced, because obviously the response is always significant.
Happy Hunting!
About the Author
James Louis writes about things that impact our society. A long time real estate investor, he likes to share his knowledge, insights and tools. One of his favorite tools is the 1031 exchange. For more information visit:
http://www.the-1031-exchange-site.com
Warning: file(http://www.searchfeed.com/rd/feed/TextFeed.jsp?trackID=&pID=60557&cat=real+estate+one&nl=5&page=1&excID=) [function.file]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found
in /home/jts066s/public_html/online-real-estate-guide/datas/searchfeed.php on line 8
Real Estate One Specific links
Real Estate One News
Property disclosure ranks high among real estate legal disputes
A biennial research report by the National Assn. of Realtors indicates that a handful of real estate agents and brokers and their clients either don't know the law or don't care to follow it. When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves.
Read more...BUCKHEAD | Open House: Derek Lowe's estate
While Atlanta's real estate market continues to struggle with prices off 30 percent from highs of early 2007, one segment may be on the rebound -- luxury.
Read more...Tri-county real estate has mixed year
The Lansing-area real estate market finished the year on a stronger note, but home sales were stagnant for the year as a whole. Nonetheless, real estate professionals are expecting a better year in 2012. "We're optimistic," said Bob Hubbell, CEO of Coldwe
Read more...Changing times in real estate
Kevin Stern of Desert Star Real Estate has his own small firm. “Some people need the structure of a large corporation, an office to go to every day, social atmosphere, whereas I work from my home,” he said.
Read more...Borneo Real Estate showcases HK properties
KUCHING: Borneo Real Estate will present a unique chance for Malaysians to capture an investment opportunity in Hong Kong during its showcase at Four Points by Sheraton on February 11 and 12, and again during February 18 and 19.
Read more...Real Estate Scorecard Awards the Best Communities of the Year in the Southeast
The 2012 Bliss Award categories include: Happiest Community of the Year, Best Golf Community of the Year, Best Lake Community of the Year, Best Equestrian Community of the Year and more.Beaufort, SC (PRWEB) February 05, 2012 Real Estate Scorecard provides real estate reviews about master planned communities in Florida, Georgia, North Carolina, South Carolina and Tennessee. After evaluating over ...
Read more...Real-estate experts in Arizona are guarded but hopeful
At this year's Urban Land Institute conference, the conversations and atmosphere were different.
Read more...