| |
| |
|
Real Estate Information |
|
|
|
Property Investing Secrets 9
Property Investing: Here Are Two Important Tactics You Must Do When Buying Real Estate Off The Internet You can purchase property off the internet. The off line fundamentals of property investing apply on line. My friend Roger does property investing and is a real estate agent. Recently he told me how he negotiated a transaction. He spotted the property on the internet off a real estate agent's website. While property investing for over 20 years, Roger typically purchases his properties off line. But Roger just bought a property which settles next month in Yeppoon. This is a coastal town next to Rockhampton in Queensland. He has not seen the property except for photos from the real estate agent. Roger's property investing philosophy, like many seasoned investors, is he's detached from the process. He also knows that if he would have physically inspected the property that he would have paid alot more for it. (The agent would have known that he was flying interstate specifically to inspect this property.) But because he hadn't seen it, just saw a photo on the internet.Roger said to the real estate agent, "Look this is my price take it or leave it." I'm not prepared to even come up and look at the property until I know I've got a signed contract from the seller at this price. First, Roger applied his offline property investing philosophy on line: remain detached and unemotional about the purchase of real estate.Roger knew if he got in the plane and spent money flying up there and got emotionally commited, the vendor would have dragged an extra $10,000 or $15,000 out him because he was making a special trip to fly in. Also, Roger had physically inspected the areas where he planned to purchase in advance of this transaction. Thus when the time came, he was able to speak knowledgeably about the area with the agent. This gave Roger confidence to buy on line and the agent must have felt he was credible. Rick Otton is the director of We Buy Houses Pty Ltd. He has been property investing full time for 14 years. Rick has completed over 351 property transactions in Australia and the United States. Rick specialises in creating positive cash flow through a variety of strategies he perfected in the United States and adapted to Australian conditions. He sells home study courses on vendor finance, one year mentoring program as well as a yearly 3 day boot camp on the Gold Coast. Go to http://www.rickotton.com for more property investing information ring 1800 003 588 in Australia.
MORE RESOURCES:
Real-Estate - Google News |
|
|
|
RELATED ARTICLES
Late Mortgage Payments Sabotage PMI Cancellation There's something you should know about PMI!Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value the lender will insist that a premium for PMI be added to every monthly payment. Vacation Homes Are Becoming A Reality For More Homeowners Whether it's a lakefront cottage or a log cabin in the woods, a vacation home often seems to be a dream that only the wealthy can afford. But these days, you don't have to be a millionaire to own one. NAR® Broker Will Swear It - Real Pro' Agents Share It - FSBO Truth For posting the "Truth" on your website, some FSBO's will not like you. These prospects would not have listed with you anyway. Should I Invest in Real Estate While Running an Internet Business? Of course you should. I practice this for quite a while and I never looked back. How Can the Average Person Build Wealth in Real Estate? Books on real estate are a dime a dozen-and most focus on taking advantage of someone else's misfortune. They frequently describe lofty methods for buying and selling properties no ordinary citizen can be successful using. How Do You Profit From O.P.P.? In a previous article we introduced you to the concept of O.P. Ten Tips For Selling Your House One of the biggest mistakes people make when selling a house, is not understanding real estate value. It doesn't matter at all what you think your home is worth. 10 Things You Shouldnt Do When Youre Buying a Home Home Buying Don'tsYour home buying process is well underway. The sellers accepted your offer to purchase. Transforming Doghouses into Dollhouses Successful real estate investing depends largely on a correct assessment of a property's profit potential, but it also depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits, but if you make wise choices in your choice of colors, textures, and building materials, you'll assure yourself a fast and cost-effective sale. Odors Can Make or Break The Sale of Your Home It's amazing how important the sense of smell is to many people. If you're selling your home, and this applies across the board to houses, townhouses, condos, apartments, or whatever, you need to be aware of the power of odors. How to Own a Dream Home in Spain Every year hundreds of thousands of foreign visitors travel to Spain to delight in the fantastic weather, stunning natural landscapes, excellent entertainment options and superb Mediterranean beaches. Many of these people dream of one day owning their own property in Spain, in fact Spain is now one of the most desirable second home and retirement destinations in the world. 4 Simple Tests To Find Good Real Estate Investment Properties You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property. How Come No One Told Us About This When We Were Buying a Home? Development, it's bound to happen.Simply because there is a large open field, or the property you're looking at borders woods, doesn't mean it will or can stay that way in the future. How to Afford Your Dream Home Is it your dream to one day own a holiday home in the sun; a beautiful house where you can escape, relax and be free of the worries that seem to go hand in hand with every day life?Well, you're not alone!A recent survey by a well known mortgage lender in the UK revealed that up to one in three Britons not only dream about owning a home in the sun but fully intend to make that dream a reality some day. And in the US the number of Americans planning to one day buy that ideal second home haven is now up to three in ten people. Searching the Hawaii Property Listings Maui is an island so full of life and vivacity (perhaps because of the fact that it was formed millions of years ago by the eruption of two volcanoes) as well as being mixed with the enticing calm that you can only experience when you are near the sea. Sounds enticing? All of these dreams can become a reality by simply searching the Hawaii Property Listings and making the move. Whats This about a Housing Bubble? In his recent testimony, Alan Greenspan warned against the possiblity that we have seen home prices plateau. The bursting of the "bubble" could cause a big hit to the U. Searching for CLUEs: What Homebuyers & Sellers Need to Know About Homeowners Insurance Homebuyers and sellers should be aware about issues involving homeowners insurance and the C.L. Do You Need to Download a Landlord Inventory On-Line Today? Do you need to download a Landlord Inventory on-line now? Why is it so important to have a Landlord Inventory?Firstly, if you are a landlord, you need to be prepared. As much as we all like to think we can trust everyone, it is very important that buy to let landlords protect their investment property as thoroughly as possible. Property Investing Secrets 3 Property Investing Secrets: When you Make Property Easy to Buy for People Using Vendor Finance It Is Easy To SellWhen property investing, my goal is to make it easy for people to buy my properties, that's why I offer vendor finance. You have the advantage when you buy properties from sellers when property investing. Becoming A Battle Hardened Real Estate Veteran Without All The Scars Step 1 is always to determine the fair market value(FMV). As a real estate investor, you can always buy properties at the FMV.
|
 Home  Contact
|
| Real Estate Information © 2006 |
