Archive for September, 2009

The Guide to Real Estate Investing Book – A Book Review

By Michelle, 16 September, 2009, No Comment

Have you ever wondered if there was a single resource for individuals who are interested in real property investing, like the Guide to Real Estate Investing book? There are a number of these, even though none have exactly that book title. I have pored several of them, and I’ll present you my recommendations in this article.

When you’re searching for an extensive guidebook such as the Guide to Real Estate Investing book, you need to understand there is not a single book that will be everything to all individuals. Several investors are going to be searching for different info, depending on the kind of investing they are interested in. If you are interested in residential income property, the Guide to Real Estate Investing book you select will be different than if your leaning is in commercial real property or apartment building complexes.

In other words, there is not one, standard resource acknowledged as the Guide to Real Estate Investing book.

My firsthand experience and expertise are in residential realty, such as single family houses and duplexes. Thus, this discussion is focusing on the Guide to Real Estate Investing book for that kind of investment property.

Two of the best books I’ve ever read on residential income real estate, both of which might be earnestly considered as the Guide to Real Estate Investing book, are "Wholesaling for Quick Cash" by Steve Cook and Thomas Lucier’s "The No-Nonsense Real Estate Investor’s Kit: How You Can Double Your Income By Investing in Real Estate on a Part-Time Basis".

These 2 volumes offer 2 diverse approaches to real property investing, both of which are good. "Wholesaling for Quick Case" (Steve Cook) is really a fully fledged property investing course, providing you a complete strategic design for getting into the world of realty wholesaling. It can be considered as the Guide to Real Estate Investing book since it’s a complete investing school of thought and design.

Thomas Lucier’s book, "The No-Nonsense Guide", is a book that provides you a full, basic run-down of the critical considerations when you’re considering beginning real estate investing, and also numerous complex and good advanced plans. This one is a winning candidate for the Guide to Real Estate Investing book.

Of course, there are a lot of other superb prospects for the Guide to Real Estate Investing book- these two are simply my favourites. If you have discovered a resource you suppose warrants consideration for the Guide to Real Estate Investing book, why not email me and let me know?

Right now, see my website, where I have lots more resources for investors, and some of the best articles and reports on realty investing you are gooing to see anywhere!

The Top Four Reasons Now is the Right Time to Acquire Realty

By Michelle, 4 September, 2009, No Comment

There are over 16,000 reasons (how many listings in the Pinellas Realtor Organization MLS this month) you should buy a house or investment property now, but I will simply let you know the top 4. They are in no specific order and should come with a warning…may cause the reader to purchase realty at a terrific price!

Number One – Foreclosures. We are beginning to see a good deal of the property owners with adjustable rate, no down payment, interest only, negative amortizing mortgages start to regret having acquired more home than they could sanely afford without double digit appreciation. There are lists of the houses in "pre-foreclosure" available, and if you are seriously considering taking advantage of these upcoming opportunities, start watching this market now so you could recognize a great deal when you see one afterward.

Number Two – Down Payment Assistance. Because of the lack of inexpensive living accommodations, the local cities, and also Pinellas County, are extending down payment assistance programs to those who need a little (or quite a bit of) support to be able to afford to acquire property. If you have not checked out these programs in a while, take a look again. The maximum allowed home price has increased and many of the more cumbersome requirements have been removed.

Number Three – Seller Grants. Property sellers are much more willing and able to give a little in order to close a sale than they were even merely a year ago. Whether you’re searching for seller assisted ending costs, or a lower price, or even a car (one of the agents in our office has a house seller who is offering her Porsche if someone will buy the home), there are good buys out there now and the selections have never been better.

And finally….Number Four – Purchasing Up In A Down Market. If you are seriously thinking of getting a sizable house, moving to a waterfront property or are anticipating another child, right now is a terrific time to buy real estate. If you are living in a house that would have been priced at $200,000 the previous year and your list price has dropped ten percent, the market value has gone down $20,000. But if you’re selling that house and moving up to a $400,000 property which has dropped ten percent, the market value of that home decreased by $40,000. In this case your net gain is $20,000, all other factors being equal.