Real Estate Investing and Home Ownership
*** Our favorite Tenant Management Books ***
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If you already own your home, you will probably make money in real estate without ever buying another property. The home you are currently buying with a mortgage is probably one of the most valuable appreciating assets you will ever own. You are making money by living in your own home, even if you never buy any additional property. This, within itself, makes you a successful real estate investor. I have been fascinated with real estate investing for many years, but it all began with a startling discovery 35 years ago. In 1970 I had bought a little house for my family in the Green Hills area of Nashville. It wasn't much, but it was adequate and it was home. In 1978, we decided to sell. We sold that little house for $67,000. That's when the light bulb went off in my head. I was shocked with a discovery that led me to fall in love with real estate investing. I suddenly realized that we had made $40,000 profit in 8 years JUST LIVING IN THAT HOUSE! We had not painted it. We didn't add any rooms. We built no patio. We just lived in it!!! We had made $5000 a year simply living in that house. I began to think to myself: what if I had two similar houses that generated $10,000 a year profit? Or, five houses that generated $25,000 a year profit? I began to fantasize the possibilities. This awareness launched my real estate investing career. Soon I was buying millions of dollars in real estate. But the real challenge was buying real estate without any capital. I had just experienced a serious business failure, and had no cash reserves and no credit. I learned how to buy a house with only a $10 bill. I never walked into a bank to ask for a loan, and I never applied for a mortgage. But conquering the challenge led to buying $10 million in real estate in only four years. That whopping $40,000 profit that went into my pocket from simply living in that house I sold in 1978 was just the tip of the iceberg. I still live in the Green Hills area of Nashville. I pass that same house every day that we owned in the 1970s. It recently went on the market again, and it quickly sold. This time that same house sold for $200,000. I don't know what's been done to improve the interior, if anything, but no exterior changes have been made to that house. It's still about 2000 sq.ft. The lot is the same size. But the value has increased significantly. Discovering this concept has made real estate investing very exciting to me. Phil Speer, Ph.D., started his real estate investing career 25 years ago. With no credit and using only a $10 bill, he purchased $1 million in properties his first year, and accumulated $10 million in properties within 4 years. http://www.CashinHouses.com/ He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement. He won a Caribbean cruise as top investor of the year. In his hometown of Nashville, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. Anyone can profit in real estate investing, even without cash or credit. http://www.CashinHouses.com/ Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" at http://www.AAREIT.com/
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How to Gain Success in Sarasota Real Estate Investing
If you desire to be a victorious Sarasota real estate investor, you should not look for magic tool that can help you do accomplishments. Of course, there are several investors, who believe that there is a magic tool that they can apply in order to gain success, you are wrong. In order to achieve success, you must to do this very important thing, which is 'work'.
Real Estate Investing and the SEC
While speaking all over the nation, meeting thousands of real estate investors the past couple of years and getting asked these same SEC questions, I realized that there is a lot of confusion concerning SEC regulations Vs private lending.
Real Estate Investment Now Made Easier with Real Estate Investing Firm Real Net USA
Real Net makes real estate investing easier with the development of the innovative three Fs: Find, Fund, and Fix.
The Importance Of Property Management
The term property management describes a liaison between the landlord and the tenant There are many duties that are included in the property management role such as accepting rent, responding to and addressing maintenance issues, advertising vacancies for landlords, and doing credit and background checks on tenants
Real Estate Investing: Is House Flipping A Profitable Investment Strategy?
Real estate investing in house flipping is considerably different in today's market Not so long ago, house flipping was one of the more profitable real estate endeavors
A New Program Emerges in a Sea of “Get Rich Quick Schemes” That Promises to Change the Way People Look at Real Estate Investing
Realistic Flipping is a program that teaches beginners how to flip real estate in a careful and deliberate manner. Not just a book -- Realistic Flipping is a program that includes direct contact with the authors for guidance through the home flipping process.
DIY Real Estate Solutions, Inc. Announces the Addition of FormWriter to its Online Property Management Software Product
DIY Real Estate Solutions, Inc. announced today a new product which they are calling FormWriter. This revolutionary new addition to their online property management software product is an integrated letter and forms generator, which allows the user to efficiently create written communications to residents and vendors.
New Rent Collection Service Set to Reorganise Property Management Services for Landlords
An intelligent rent management service for landlords and managing agents will be launched in the UK in January 2008.
Real Estate Investing - Protect Your Privacy
An irate tenant or disgruntled home-buyer, with the help of a willing attorney, can readily prompt a property search for a property owner in public records. The target of the search becomes someone who has deep-pockets as reflected in real estate assets.
Real Estate Investing – FSBOs vs. Agent Listings?
Many would-be real estate investing professionals face discouragement because of the assumption that acquisitions require deep-pockets. Some even believe the myth that nothing-down purchases are impossible.
About the Donald Trump Success Story in Real Estate Investing
Getting the low down on real estate investing straight from Donald Trump is sure to be an educative experience and it will certainly show you how to succeed enough in this line of business to perhaps even become the next real estate investing tycoon for yourself In fact, it may actually surprise you to learn that in order to become wealthy from the real estate business you need not make any substantial investments
Real Estate Investing Seminar Teaches How to Sell Houses on eBay
Real Estate Days is a three-day real estate conference for teens and adults to learn how to invest in real estate using the Internet, especially eBay. Experts in 10 different fields will be featured including pre-foreclosures, buying discounted notes, finding private financing, selling on eBay, and becoming a real estate Virtual Assistant.
Get a 1-on-1 Education: Learn How A Mentor Can Help You Achieve Success In Real Estate Investing
Thinking about getting started as a real estate investor? Listen as Ronald Adams interviews Ed Rooney to discover how a successful real estate mentoring/coaching program can teach you how to launch and build a solid investment business. Ed Rooney is a real estate expert that has translated 20 years of experience into a highly successful mentoring program. Tune in and listen as Ed shares his story.
High Profit Real Estate Investing--Make a Good Deal Every Time!
Knowing what a Good Deal is – Is the Key to Success in
Real Estate.Dear Investor,Take this little survey: The most important key to Real Estate Success is:1.
Commercial Real Estate Investing For Dummies®: Learn How to Break Into the Business and Invest Like the Pros
Real estate development, done correctly, can be incredibly lucrative. The key is to get it right by choosing valuable properties, making successful offers and selling for maximum profit. In Commercial Real Estate Investing For Dummies (Wiley, January 2008, 358 pages), real estate investment experts Peter Conti and Peter Harris provide the ins and outs of the process in a straightforward way that both beginners and experienced investors will find useful.
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