 Your new post is loading...
Scoop.it!
Despite the zoning challenges, manufactured housing offers the only affordable detached housing option in the U.S. 
No comment yet.
Sign up to comment
Scoop.it!
Real Estate Investors' #1 Tool Kit and Training Resource
Scoop.it!
New home sales jumped 14 percent last month. More people are considering buying homes amid the pandemic as employees work from home and interest rates fall. Glenn Kelman, CEO of Redfin, joins 'Closing Bell' to discuss home buying trends.
Scoop.it!
While a cap rate spreadsheet can be used for calculating cap rate, it is technically obsolete. Read to learn about the best alternative tool.
Scoop.it!
Check out how one private money investor turned a BRRRR property into a live-work space, then an Airbnb, with a few easy strategies.
Scoop.it!
Wholesale real estate investing is great for newbies but knowing what to do and not do is very important to being a successful investor.
Scoop.it!
It’s no secret that skipping the real estate agent and selling a home on your own can save you thousands. Depending on the location, the average seller can pay anywhere from 1-4% of the sales price just for listing with an agent. But, if it’s easy to sell on your own, why doesn’t everyone do it? For sale by owner isn’t for the faint of heart, but there are ways to make it successful. Price It Right Pricing might be the single most important key to a successful For Sale By Owner. Every property on the market is only new for a few days; it will lose its freshness after a few weeks of showings to potential buyers. Demand starts dwindling after about 21 days, and if the price is too high, you may have to drop it. While it’s never too late, you might have lost an opportunity to sell the house. While pricing the home low can increase demand, resulting in more offers, you may get less for the home than what you could have. Everyone wants to get as much as they can from their home sale. Take an objective approach to pricing your home. Look for other similar homes in your area that have sold recently, assess the market, and try to keep your emotions in check. Consider Flat Fee MLS Options According to NAR, in 2018 only 4% of homes sold were not listed in the Multiple Listing Service. Instead of hoping that your other marketing hacks get in front of the right people, make sure your home is readily available for looking buyers and their agents in the MLS. Instead of paying a percentage of the sales price when the home sells and being contractually obligated to an agent, pay a small flat fee up front for them to put the home in the MLS for you. Pay For Professional Photos With most buyers starting their home shopping online, it’s critical to make a great first impression. This starts with the listing photos. Don’t cheap out by taking photos with your phone while you drive by. Hire a professional photographer for a couple hundred dollars that can get the best shots possible. If your listing has poor quality photos or even worse, no photos, you are going to get overlooked by potential buyers. Don't Underestimate the Power of Social Media A marketing campaign without the inclusion of social media is incomplete. These are the most visited sites, and your chances of making a sale here are high. One of the best places to market your house is on Facebook where over one billion people are active every month. Others include Twitter, Nextdoor, Instagram and LinkedIn. You can also join real estate communities and place your ads to reach your targeted area. Post photos of your home and sales details and wait for potential buyers to call. The traditional FSBO sites are now also active on social media, and so wherever you choose to list your home, it may end up in their social media where you are likely to get a lot of traffic. Offer a Buyer Agent Commission You decided to sell on your own to avoid paying a listing commission, but don’t ignore what offering a buyer agent commission could get you. Anywhere between 1-3% of the sales price is standard, depending on your market. It may sound like a lot, but it increases the flow of buyers sent your way by buyer agents. Most MLS’ also require a buyer commission to be eligible to add your listing. Failing to offer a commission or not offering enough, can make buyer’s agents direct their clients to go where they are paid. If a buyer’s agent obtains a buyer that eventually purchases the home, the buyer agent commission will be taken from your sale proceeds at closing. A property for sale by owner will gain extra exposure if you offer a buyer agent commission. Can you be successful on your own?
Scoop.it!
Are REO properties always a good real estate deal? Is it enough that they are cheap? Find out the answer here and learn how to analyze REO deals.
Scoop.it!
It's one of the biggest questions of the moment: Are we headed toward another market crash? Here's an analogy to sum up our current state.
Scoop.it!
Opinion: You can't blame Californians for moving to Arizona. But let's hope they leave behind the progressive policies that ruined their state
Scoop.it!
Become a Fix and Flipper and make alot of Moola, Use us for Fix and Flip Loans. If you are not using Level 4 Funding Your Paying Way Too Much. Loan for Fix and Flips
Scoop.it!
There's a lot of talk about timing real estate moves to invest safely and profitably. The thing is, unless you control the market, that's really hard to do.
Scoop.it!
FREE WEBINAR: LANCE EDWARDS PRESENTSHOW TO PROFIT IN SMALL APARTMENTS "VIRTUALLY"USING NONE OF YOUR OWN CASH OR CREDIT
|
Scoop.it!
From
altos
The most up-to-date look at housing prices and market trends.
Scoop.it!
Finding the right home to purchase today is one of the biggest challenges for potential buyers.
Scoop.it!
Buying a used mobile home can be an intimidating task. BiggerPockets' mobile home inspection checklist ensures you won't miss any major red flags.
Scoop.it!
Do people actually leave high-tax states for lower-tax states? We analyzed three types of taxes and compared them to moving patterns.
Scoop.it!
A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and low mortgage rates are also contributing.
Scoop.it!
8/25/2020 When: Tuesday, August 25, 2020
5:45 PM Where: United States Contact: Member Services memberservices@azreia.org 480-990-7092
Scoop.it!
When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit.
Scoop.it!
Sabrina Rosenberg -- new owner/operator of A Childhood Store, a kid-focused company in its early stages of growth.
Scoop.it!
In this episode, we're talking with my friend Mike Marshall about the opportunities and the complexities in rezoning properties for BIG profits. This is something most real estate investors are vaguely aware of, but it’s not something we deal with every day. Most of us (myself included) have a tendency to dismiss the idea because it seems too complicated, intimidating or we just don’t understand how to do it. If you really have a solid understanding of what’s involved, how it works, what kinds of properties do (and don’t) make sense to alter the zoning and how much upside profit
Scoop.it!
|
|
Scooped by
AZ Mountain Lake Realty
August 24, 2020 12:36 PM
|
Scoop.it!
More renters are unable to make their monthly payments, and that is having an outsized impact on the nation's "mom and pop" landlords.
|
|
Scooped by
AZ Mountain Lake Realty
August 24, 2020 12:34 PM
|
Scoop.it!
Learn how to find and analyze a rental property by watching this video and take another step toward growing your real estate investing business into a success!
