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Be A Real Estate Expert With The Help Of Rehablist.com

Posted: Thursday, October 29 2009 at 05:53AM

Rehablist.com’s Learning Center is the perfect place for investors who are just starting out on real estate investing. Whether you’re a newbie investor or an experienced one, the site will have something in store for you. Let Rehablist give you the lowdown on this lucrative business that we call real estate.

The site’s learning center provides helpful tutorials and articles that investors need. It discusses different types of investment properties such as handyman specials, foreclosures, and undervalued homes.

Different methods of real estate investing are also discussed such as flipping houses, wholesaling houses, and rehabbing or fixer-upper homes. The articles provided show detailed information about the topics for visitors to get a better understanding.  

Aside from written materials, visuals are also provided for better learning. A video inspired by A&E’s Flip This House and TLC’s Flip That House can be seen at the learning center. The video features expert investors walking you through from the basics to the most complicated parts of flipping and rehabbing a house. You’ll get to actually know and see what kind of property to flip and how to fix it up.

Aside from the tutorial, the site can also provide investors and would-be investors some of the resources they need in the business. They can search and post their properties in the site. It will be a hassle-free advertisement and search of properties.

From turning old houses into new homes, Rehablist.com also turns novice realtors into experts with its Learning Center. With the site’s help you won’t need a manual in real estate investing. The site will be your manual. Visit Rehablist.com today to know more about the great benefits in store for you.

 

Making Your Way in the Business of Flipping Houses

Posted: Thursday, October 29 2009 at 05:52AM

Over the years, real estate investors have earned a great deal of money flipping houses and rehabbing fixer-uppers. Many people have taken interest in this type of real estate investing because who could resist the great rewards and profits that come with this particular business?

Contrary to popular belief, you don’t need an IQ of 300 just to get started in this business. All you need is to know the basics of flipping houses, have patience and dedication, and a good eye for properties. There are some real estate investors who started out on the business below the age of 20. If they can do it, so can you. To help you launch your career in the business of flipping houses. Listed below are some useful tips and pointers:

• To avoid starting off at the wrong foot, one of the first things you should do is to pinpoint your target neighborhood. As a first-timer, it is better to start slowly but surely. If you would waste your time wandering aimlessly and visiting every neighborhood in the city, chances are, the competition might have already grabbed a great property and flipped it for profit.

• Explore your market. Conducting a research on how long it would take for you to sell a house in a particular area would definitely help. You should also determine which property would bring you great profits.

• Once you have bought your first fixer, determine how much the repairs and/or improvements will cost. You can ask a professional home inspector to help you make the assessment. Meanwhile, it is advisable for first-timers to invest in a property that only needs cosmetic work, which include a clean-up, a light paint job, or some changes in the flooring.

• If you want to maximize your profit, be prepared to do some work. If the property doesn’t need major structural repairs, you can do the paint job and some light touch-ups yourself to minimize expenses. You can also give the kitchen cabinets and the garden a little makeover to improve the house’s appearance without having to spend more.

• After a month or two, you should be probably done with the repairs. You might be thinking that now is the time to reap your profits. You’re definitely right! Before re-selling the property that you have refurbished, you might want to come up with some marketing strategies to attract buyers and get great offers.

• Now that you have finished your first project, it would be wise to join a network of home sellers and fellow real estate investors.

Keeping in touch with various home sellers would help ensure that you’ll get leads to bargain homes. To know more about the art of flipping houses, you can log on to Rehablist.com.

The Role of the Internet and Rehablist in Real Estate Investing

Posted: Thursday, October 29 2009 at 05:51AM

Like in any other businesses, succeeding in real estate investing requires patience, hard work, and dedication. A real estate investor must take advantages of opportunities that will make him successful in his chosen field. In addition, he needs to get his hands on all the available resources to make it big in the business. The Internet is practically a treasure trove of ideas and information that can help an aspiring investor.

There are web sites that offer a crash course on real estate investing while others provide instructional materials such as e-books, articles, and various write-ups. For those who aren’t fond of reading written manuals, do not worry because watching instructional videos on video-sharing sites can definitely help improve your knowledge of real estate investing.

Reading the blogs and online journals of successful real estate investors can also boost one’s skills in flipping houses or buying and rehabbing fixer upper homes. Many of those who made it big in the business are sharing their secrets with fellow investors just to be of great help to these people. Over the years, the Internet has played an important role in the development of real estate investing. Aside from providing brokers and realtors with all the resources they need to succeed in the business, the Net has also helped homeowners sell unwanted properties and market them to attract buyers and meet potential business partners. Investors can also count on the Internet to find financers for their business.

As we all know, real estate investing mainly involves buying and reselling homes. An investor wouldn’t succeed in the business if he couldn’t find the means to buy the property that he wants to resell at a higher price. This is why he needs the assistance of a hard money lender and the Internet is the perfect place to look for one. For the benefit of those who don’t know anything about a hard money loan, here’ a quick explanation.

A hard money loan is a form of asset-based loan financing secured by the value of a collateral property. It usually has 65% to 70% maximum loan to value ratio. For instance, if a borrower uses his $100,000 property as guarantee for his loan, he can borrow up to $70,000 from the lender.

Meanwhile, Rehablist.com is a fine example of a web site that gives individuals various information about real estate investing,, as well as provides them with the opportunity to advertise the property that they are selling. Through the site’s “free real estate advertising” service, owners of undervalued, distressed, and fixer upper homes can be sure that the homes they are selling will get the maximum exposure they need.

Thus, homeowners don’t have to wait that long to earn extra money by selling unwanted real estate assets. All they have to do is register with Rehablist.com.

The Do’s and Don’ts of Flipping Houses

Posted: Thursday, October 29 2009 at 05:51AM

You might have seen several reality shows where a man buys a house at a discounted price, then sells it for bigger profit. You see him make loads of money, you see him lose some. Sure, losing the money is easy, but how can he make such big profit just by buying and selling old houses? Discover the ropes and read on. The process of buying a real estate and quickly reselling it for profit is house flipping. Though it might look easy on your TV screens, the real deal is not as easy as it seems. To be successful in your venture in flipping houses, you must be equipped with the proper knowledge about the process. Here are some tips you have to keep in mind:

• Determine where you will buy the property. This step will determine who will your potential buyers will be. Whether you’re up for a house in a luxurious neighborhood or a house in an up-and-coming town, you must determine if it is a desirable and bankable location.

• Identify what kind of property you want to buy. Should you decide to buy a fixer upper, then you’re going to have some finance for the repairs. Undervalued homes from foreclosures or banks costs much cheaper and are advisable if you don’t have money for repairs.

• Calculate your budget. It is very important to know how much you can invest. If you’re aiming to do some repairs, make sure the expenses are within your reach and will not make you lose your money all the while. Just like in any other business venture, flipping houses have some risks, and one is losing your money. In order to not end up bankrupt you have to know the things you should not do: • Giving in to unrealistic offers. These offers are the ones that are too good to be true. If a property is priced way too low, then there’s probably some catch to it. Always research the history of the property and inspect it carefully.

• Rushing. If you don’t have enough patience, then you’re not in for the game. Take your time in looking for the right property. BE patient in waiting. There’s bound to be something for you. Those who rush and hire several people to help him sell are the ones who lose their money in the process.

• Cheap workmanship. If you’re going to do some repairs on your property, make sure that they are of good quality and reliable. If you can afford to give quality repairs, don’t resort to cheap and low-quality changes. They will just make you spend more and when that backfires you’ll be losing a lot than what you’ve paid for it.

In every business, there are advantages and there are risks. Those are already given. Flipping houses is not rocket science, neither is it a walk in the park. You just have to know the right information and resources you need.

If you want to master the art of flipping houses, visit Rehablist.com today.

What You Can Do So the Deals Come To You

Posted: Thursday, October 29 2009 at 05:49AM

If you’re the first to know about a fixer upper being sold in your area, you’ll be able to check it first – and buy and resell it too. But as competition among rehabbers, investors, and sometimes even owners of fixer uppers is serious, one should wonder: What could I do to be a cut above the rest?

Some people scratch their heads looking for answers. “Can I be the trailblazer by regularly checking local property records? Will it be possible if I knew a lot of homeowners in my county? Will it help if I pay ‘informants’ who will update me should a house be put for sale in a certain street?”

While all of the above may help, they may not have the same effect as subscribing to web sites that can “control” the flow of the local flipping houses market. Some web sites claim that they could make you the “gatekeeper” of properties ready for rehabbing and investing. One of them appears to indeed have the bragging rights.

RehabList.com, whose mission is “Turning old houses into new homes,” describes itself as a vehicle that will tap you right into the middle of the investing action in your town. The web site promises to benefit wholesalers looking to sell more flips, rehabbers looking to find more deals easier, and those who are just getting started in real estate investing.

The system is simple: It gathers all of the real estate investors in a geographic area and allows them to sell to one another, communicate with, and teach each other the tricks of the trade. All available properties in a certain area are listed in a system, which other investors may be able to view. But here’s the catch: You could become the official affiliate of RehabList.com in a specific area. If that happens, expect new life to be injected in your otherwise stale investing career.

As the official affiliate for your area, you will “tasked” to approve which properties will appear on the web site. Your approval is also a means of internal quality control and is a way to avoid the site from being abused by spammers.

As a local affiliate, you would be notified automatically of each and every new "pending" deal in your area.  You must quickly assess if the deal will likely result in a profit once rehabbed and approve it to be e-mailed to investors in your area. All investors in your area who have a log-in account will be able to view all properties you approve. But take note, only after you approve them.

 This puts you in the best position to choose which deals you should pursue and which you should leave to the rest of the pack. This not only makes you he leading investor in your area, it will also give you the reputation as the “Go To” guy when it comes to finding rehabs.

Why Some Investors Prefer Wholesaling Over Flipping

Posted: Thursday, October 29 2009 at 05:47AM

Wholesaling and flipping houses are both real estate investing methods and are almost similar to each other. Both methods are buying and selling quickly for profit. However, a wholesaler only “owns” the property through a contract and then assigns the contract to a buyer. In flipping houses, an investor actually buys the whole property.

See the difference? Now let’s weigh the pros and cons.

When you flip a house, most probably you’d be fixing it up to make it more attractive to a buyer. You will have to maintain the property in order for it to sell. You will need money to finance all these. In wholesaling, there is no need for a big investment cost. Since a wholesaler does not actually buy the property, he won’t need money for its maintenance. Along with investment costs, wholesaling may not require an investor to obtain a loan.

Wholesaling does not require much work and effort unlike flipping houses. You won’t need to do repairs or upgrades on the property which can save you more time to do something else. And since wholesaling only takes a little time to sell properties, moving to another wholesaling project is easier. Flipping houses require you to work on the property regularly. You cannot move to another house unless you’re done with the first one.

Wholesalers can earn bigger profits than flipping at a shorter period of time. Flipping a home takes more than a month, while wholesaling can be done in just weeks. Although earnings of a wholesaler range between $5,000 and $20,000 only, he or she can have bigger profit just by having many properties to sell.

Investing in real estate takes time. Do not rush or you might end up in the dumps. If you’re going to make a career in either wholesaling or flipping houses, be sure to seek the help of a professional investor. Log on to www.Rehablist.com to learn more about the different real estate investing methods and properties.

 

 

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