Archive for May, 2010

Referral-Based Investing, Part One

by Alan Brymer
I’m all about getting more for doing less. Not (usually) because I am lazy, but because by spending less time on one thing, it frees me up to do something else that I couldn’t have done otherwise. Or, by spending less on something, it means I have more money to spend on other [...]

How To Use Internet, Wanted Ads, and Bird-Dogs for Rental Properties

by Thomas Lucier
In this article, you'll learn how to use inexpensive property search methods that don't require your physical presence in order to be effective, but which allow you to be at the right place at the right time by:
1. Using the Internet.
2. Placing classified property wanted ads in daily newspapers.
3. Mailing letters to owners [...]

The Art of the Residential CMA

by Nancy Chadwick
If it’s done correctly, a Comparative Market Analysis (CMA) can be the next best thing to an appraisal in approximating the value of a property. The purpose of the CMA is to analyze data from properties similar to the subject that have sold recently in order to project the realistic price at which [...]

Choice of Entity 101

by John Hyre
One of the most common questions that real estate investors ask is: Which entity should I use? The correct answer usually depends on a large number of details…the exact nature and size of the business, the investor’s source and type of income, the number of family members, etc. This article will set out [...]

How to Dominate a Market with Low Cost Postcards

by Richard Roop
There are no magic bullets in marketing, but I have developed a system which comes pretty darn close. I reported in the last issue of this eLetter about my new postcard campaign. Here's an update:
I mailed 10,000 oversized postcards to one zip code. I saturated every home with my message. The total cost [...]

How to Choose the Proper Entity for Your Business

by Tim Randle
First, let me state that I'm not an attorney and the rest of this article is just based on my experiences so I'd advise you to contact John Hyre at www.realestatetaxlaw.com to get some solid, specific advice on your particular situation.
Also, this article is not going to discuss land trusts, which some of [...]

Establishing the Value of Real Estate for Explosive Profits

by Peter Vekselman
You’ve located the property that you are potentially interested in purchasing, have looked at it, and determined that it meets your basic investing goals. Before you pat yourself on the back for a job well done, you need to establish its value to avoid potential financial disaster. If you take the word of [...]

Marketing - The Weekend Bandit

by Steve Cook
As most of you already know, marketing is the key to succeeding in this business. We have to market to buy and sell homes. Those who are best at marketing to buy a house, have a lot less work to do when it comes to selling their homes because buying right is 90% [...]

The Ultimate Direct Mail for Buying Houses

by Richard Roop
Imagine Mailing 3000 Real Estate Marketing Pieces,
Targeted to Ideal Neighborhoods, for only $900!
This article will show you how to mail a three-page sales letter to sellers for only 30 cents each. That’s for everything including postage, list, labor, and printing. By only getting a .3% to .5% response, you’d get 9 to 15 [...]

Not Just Price

by Nancy Chadwick
How Builders Evaluate Land
Some builders search for property strictly by geographic area. Others search for parcels that would enable them to reach particular buyer sub-markets (housing type, price range, lifestyle, age group). Either way, builders begin the investigation by casting the net into their areas of markets of choice and sifting through potential [...]

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