Comments for Real Return Real Estate

Comment on Understanding the mortgage options – A guide for the mortgage investors by Sell business credit

Sell business credit — Wed, 10 Apr 2013 12:37:14 +0000

You may be able to get loans using your personal credit, so why bother building business credit? It’s best to keep personal and business matter separate. Building business credit works so why bother building business credit and it’s used differently. You can also protect yourself by building business credit.

Comment on 10 Tips to Start out in Real Estate by Beney

Beney — Tue, 05 Mar 2013 02:43:31 +0000

AcQuity Investments,

Looks like your domain registration has expired.

Comment on If you can’t make it without money, you can’t make it with money by Ryan Moeller

Ryan Moeller — Mon, 18 Feb 2013 15:49:18 +0000

We have a guide on how to find deals that you can read. I recommend education, focus and implementation. Most of the time you have to look at 100 deals, offer on 20 and you end up with one great deal. Once you get it dialed in you will find sources for better deals so you will not have to look at so many.

You can get comps from a local realtor. http://www.zillow.com can give you some comparable sales but it often is not very accurate.

I always get commitment from investors before finding a deal. I learned that the hard way when I lost earnest money because an investor didn’t fund a perfectly good deal. Show them example deals and ask them to cover the earnest money when you do find a deal. If they are not willing to put up the earnest money then they will not be willing to fund the deal. They have objections that need to be handled still.

Comment on If you can’t make it without money, you can’t make it with money by Sarah

Sarah — Fri, 15 Feb 2013 16:50:54 +0000

Everything you say makes sense. However, Finding a deal right now is my challenge. We have so many investors in my market. There is no inventory, for anyone. Anything that comes up is swept by the experienced. Where can we find deals? Do I need to go knock on Foreclosure doors? Figure out how to auction? FSBO are asking for full value, afterall they are FSBO because they don’t want to give there money up to a RE agent. Owner cary and lease option always want money down and not 65% LTV, but full value.

Also, how do I know the LTV? Don’t you have to do comps? How do I have access to that? How do I know the deal is a good deal when I walk in? I find a house, it seems like a good deal. I have an idea of reno costs and a guess of the market value. What if I greatly screw that up? Where/how can I know this info as a beginner?

Plus, even if I find a deal, it can’t wait for me to THEN find an investor. Most investors I find, tell me, when you have a deal let me know. But by that time, the deal is swept up. I need a POF in hand. How do I get an investor to give me this while I look?

By the way, it seems you are plugged into some system. What is it?

I know I have a few questions here. Thank you for your thoughts.
By the way, want to partner up and make 50%+ on a deal? Since you have the answers to my questions, and I live in one of the hottest markets dying for rehabs in the market….I’ll work hard to get it all done, you teach and make a nice return. Just a thought…had to ask. Feel free to email me.

Sarah

Comment on If you can’t make it without money, you can’t make it with money by Ryan Moeller

Ryan Moeller — Thu, 14 Feb 2013 17:28:52 +0000

Jessiee,

You make some very good points. Money is not lining up and begging beginners to invest. It is often very frustrating and many beginners never get past this hurdle. However, it is only a hurdle, a challenge that can be overcome. Every beginner starts somewhere, even the big guys like Trump. I can relate to frustration as I was held back for a long time by my inability to raise money for deals. Boy was it frustrating, I made many mistakes but I keep at it until I overcame the challenge.

The solution is just that, view it as a challenge, analyze the challenge and break it down into solutions. When I began, I was running around asking strangers for money, they looked at me like I was crazy. Quickly I realized I was taking the wrong approach. I put myself in their shoes and defined criteria that would make me invest if I had money and comfort in investments backed by real estate.

It comes down to trust. Investors have to trust that their money is secure and a return is as certain as it possibly can be in an investment. To earn this trust you must build credibility. I began writing articles, guides, doing videos and webinars which shows that I am an expert and credible. I also built my track record in away that most people told me I was crazy to do.

I told my other beginner friends that I was going to offer as much as 80% of the profit to investors. They told me I was crazy. It turns out I did not ever have to offer that much, but I did offer more than 50% and within a year I did 8 deals while almost all of them did none. Now I was off and running. With a website that is a marketing machine, a track record and plenty of connections in the industry it became much easier to generate money. Now, it is to the point where I feel as if I am prospecting the investor rather than them prospecting me.

So Jessiee, it can be horribly frustrating as a beginner. If it where easy then everyone would be doing it. I can attest, it is not easy, but it becomes easy once you figure it out. My suggestion is to re-channel your frustration into finding a solution for your challenge. Don’t give up into you figure it out. Be creative to build your track record. Help others with a track record and piggyback off their track record and credibility if you need to. Don’t be shameless of course, but if you provide value to someone with a track record then I’m sure they will be happy to help you in return.

If you have any specific questions, I would be happy to help. I appreciate your honest comments, I can definitely relate.

Comment on If you can’t make it without money, you can’t make it with money by Jessiee

Jessiee — Thu, 14 Feb 2013 03:26:46 +0000

The problem with articles like this is there is never a HOW to getting 100% financing! Everyone says the same things - Get private money… yeah because people WITH money are just falling all over themselves to lend money to BEGINNERS with none of their own money invested in these deals. Get sellers to finance… yeah because anyone trying to get rid of their home wants to still hold onto it just a little bit by still ultimately being responsible for it by financing you. Even if they own the house outright, the point is, they want to get rid of the property. These “seller financed” deals are not as common as articles like this make them out to be. Birddog/Wholesale… yeah because a seasoned investor is just dying to bring on a newbie with no experience. Find a partner… same as getting private money. I’m sure some people DO want to be hands-off but if you are NEW to investing, YOU are NOT the person who is getting this money. Once you’ve worked your butt off, done a few deals, have your own money to risk too, then MAYBE these types of people will start giving you money.
So, as much as I love this website and look at it frequently for deals, I do not see how there truly is a way to get into the game without using your own money! Even your own hard money lenders on this website require at least 20% down!
If there REALLY are people out there wanting to partner with new investors or provide private money, maybe you should incorporate that service into your website and bring those people together.
I’ve got a business plan, I’ve got the drive and I am saving up my own money to invest because these “angels” don’t exist for the little guy.

Comment on Understanding the mortgage options – A guide for the mortgage investors by website analysis report

website analysis report — Mon, 11 Feb 2013 04:00:02 +0000

Looks like I’m going to need to look up a couple more things but this was a really good place to start.

Comment on 15 Most Undervalued Real Estate Markets In The US by Homes For Sale In Santa Cruz, Ca

Homes For Sale In Santa Cruz, Ca — Sun, 10 Feb 2013 17:24:16 +0000

Great post! We will be linking to this particularly great post on our site.

Keep up the great writing.

Comment on Who to Blame for the Housing Meltdown by http://yahoo.com

http://yahoo.com — Sat, 09 Feb 2013 09:35:23 +0000

Many thanks for writing “Tips & Articles”. I actuallymay undoubtedly be back again for alot more reading
and writing comments shortly. Thanks, Vance

Comment on If you can’t make it without money, you can’t make it with money by Brian Rutter

Brian Rutter — Tue, 22 Jan 2013 17:53:27 +0000

I see some confusion here between purchase price and “value”. Value is a very fluid concept with many definitions, and with much subjectivity involved in the inputs to the various definitions. I assume here that when you speak of Value, you mean that after you buy the property and do whatever you plan to do to it, it could be sold for $100,000. Please correct me if that is a bad assumption.
Unless there is a class of lender which is materially different from those I have worked with on either large commercial deals or single family deals, you will not find a lender who will use this type of value as the base in his LTV calculation, particularly in the current tightened lending environment. Instead, the lender will base his loan on the lower of the contract price or the appraised value. Therefore, in your initial scenario of an $85,000 price, the lender would only lend $55,250, or 65% of $85,000 (assuming the appraisal came in somewhat above $85,000). Therefore, you would still need to come up with just under $30,000 in equity, plus the cost of whatever rehab program you intend to do.
Even if you could find a lender who would base your loan on projected value of $100,000, this still begs the question of why the seller would sell for $85,000 or $65,000 if a reasonable value projection is $100,000?

Comment on Tips and Standards for Real Estate Investing by Emil Blumer

Emil Blumer — Wed, 25 Apr 2012 11:50:40 +0000

1. in para. 1 you state you buy at 50% LTV or should be 50% from appraisal?
2. can you arrange funding for non US investor?
thnx
EB

Comment on Why foreign investors are running to US real estate by retire forum

retire forum — Tue, 24 Apr 2012 18:20:50 +0000

retire forum…

[...]I Want to Learn RE / Blog[...]…

Comment on Where to Invest? Which Cities? by chistes mamones

chistes mamones — Wed, 11 Apr 2012 11:53:08 +0000

I appreciate the comments on this site, it really gives it that community sense!

Comment on 4 things to avoid when buying cash flow real estate by karen

karen — Thu, 05 Apr 2012 18:34:12 +0000

My favorite in your list is #3 - Too Many Upgrades.
I see that again and again and hear it from our students all the time. Landlords “over fix” properties, put their heart and soul (and cash) into it, then tremble when they drive by and the tenants haven’t mowed the yard and have an old sofa on the porch.

Don’t fall in love with your property!
It’s not personal, it’s an investment!

Thanks for the post.

Comment on What do you consider a great cash flow deal? by Beverly

Beverly — Thu, 15 Mar 2012 14:00:57 +0000

I’m looking into doing a 1031 tax exchange (selling a sfh in order to buy -cash- either a 4-plex or a couple duplexes). Your examples reflect having a mortgage - how do you analyze a good investment/cash flow on a cash deal? Are duplexes or multi-family properties better?

Comment on Do’s and Don’ts to come up with your Offer Price by Dustin Allen

Dustin Allen — Fri, 17 Feb 2012 04:00:59 +0000

I just wanted to start out by saying i love the blog.

I really like your ratios that you provided as well as the Do’s & Don’t s. When I am looking at an area especially such as Lancaster/Palmdale I am looking at the current cash flow, potential increase in home value, but I also look at the potential for the decline in prices.

Now if everything makes sense now, and also works if prices fall, then i move forward.

Comment on Due Diligence Checklist by Jen

Jen — Wed, 01 Feb 2012 10:41:49 +0000

Access to guides. Thank you

Comment on Issues a Landlord may face by Senate

Senate — Tue, 17 Jan 2012 07:24:17 +0000

Hi there mates, how is everything, and what you desire to say on the topic of this post, in my view its really amazing for me.

Comment on Current Market Update - The What, Where and How by FHA Foreclosures, Foreclosed homes, Buy Foreclosures

FHA Foreclosures, Foreclosed homes, Buy Foreclosures — Thu, 12 Jan 2012 22:40:34 +0000

Pretty great post. I just stumbled upon your blog and wanted to say that I’ve really enjoyed surfing around your blog posts. In any case I’ll be subscribing on your rss feed and I hope you write again very soon!

Comment on What to consider when choosing a market to invest in by RussCorp Properties

RussCorp Properties — Wed, 11 Jan 2012 16:00:39 +0000

I understand the comfort zone of only investing where you live (ie. north side of town, only in a particular zip code, only in a particular school district), but that will greatly limit your business. An investor should educate themselves on other areas and then decide if they only want to work in their backyard. You may find that driving an extra 10 miles will give you many more deals.

Comment on 4 ways to skyrocket your return by Allan

Allan — Mon, 09 Jan 2012 19:38:42 +0000

So, please let know where these areas are in the US with low risk and high returns.

Thanks

Comment on 4 ways to skyrocket your return by Bill Lyons w/ Revestor

Bill Lyons w/ Revestor — Fri, 30 Dec 2011 00:13:14 +0000

Great post Ryan. Hopefully our site can add some value to what you are doing.

Comment on Not having a plan is planning to fail by lowest prices on website themes

lowest prices on website themes — Thu, 22 Dec 2011 02:41:00 +0000

lowest prices on website themes…

[...]Rehab flips & turnkey cash flow rentals[...]…

Comment on The Key to Real Estate Success and 5 tips on how to implement in your business by Jose Ibarra

Jose Ibarra — Sun, 18 Dec 2011 23:22:50 +0000

Send me information on selling strategies.
regards
jose.

Comment on Outline of Business Plan, the start to every successful real estate business by Cgabhart

Cgabhart — Wed, 16 Nov 2011 04:23:48 +0000

Ryan,

Great post. One of the hardest things but most important is to have a business plan ESPECIALLY if your working with investors for your deals.

Our business plan lays out exactly what are plan is, how we are going to execute on it and back up showing them our track record.

Comment on 5 Vital Mistakes and Tips for Real Estate Investors by Manny Bermas

Manny Bermas — Mon, 28 Mar 2011 13:36:03 +0000

Thanks for your post. Will keep track of your websitite.

Comment on 10 Tips to Start out in Real Estate by John Glover

John Glover — Fri, 25 Mar 2011 12:49:44 +0000

nice points Ryan, I look forward to you doing post on each specific topic and breaking them down into more detail.

Also I would like to have the opportunity to be a guest on your blog and post a article.

Comment on 5 Keys to Identify Areas Ripe for Flips by Ryan Moeller

Ryan Moeller — Fri, 04 Feb 2011 04:46:30 +0000

Hey Agostino,
Agents are the easiest source to find those areas. Think of high end blue collar areas, basically they are areas in between the rental areas and the nicer suburbs. Start with the suburbs and work your way in on Zillow. You will see pocket neighborhoods that have big differences between REO vs retail sales. This is perfect. You also want to make sure there are close to as many sold comps and for sale comps, too many for sale properties hurts the resale value and time to sell. I hope this helps.

In regards to your time, you have to focus. No spinning your wheels on tons of different strategies and areas. Pick one strategy, target your areas and become a productive master. You can always build a team or partner with others who have the time and expertise.

Comment on 5 Keys to Identify Areas Ripe for Flips by Agostino

Agostino — Thu, 03 Feb 2011 21:18:21 +0000

I like your recommendations above. My question is about how can you find those things out. I am just beginning and find it difficult to identify the area where it is good to invest. I need to add that I can only work in the evenings for 1-2 hours and during the weekend, so I am not able to visit all the neighborhoods. How do you find those areas that satisfy your 1-5 points above?
Thanks

Comment on Why I threw out my Crackberry? by Ryan Moeller

Ryan Moeller — Thu, 14 Oct 2010 13:04:09 +0000

Thanks John. I think anyone could list all the things they did during the day, very few would actually be productive and add value. Techniques to be productive are very simple but many seem to fall into the trap of time wasting tasks. Email, meetings and watching tv are huge time wasters if not done productively.

Comment on Why I threw out my Crackberry? by john lidstone

john lidstone — Tue, 12 Oct 2010 16:10:15 +0000

Thanks for that……… Absolutely brilliant! I’ve basically been implementing your time saving ideas to my day. My only addition would be to use the website www whocallsme.com of course thats for all those phantom callers….with my `heritage’ Panasonic dual mini-cassette type ansaphone set to just one ring…..before it automatically takes a call. My two mobile phones (not smart?!!) are used for freelance work and/or personal calls only.

I’m still a great believer in fax (no……..its not dead yet!)….and folks can see it easily…..very useful for sending my floor plans through to realtors/estate agents (48 hour turnaround service) and of course fax doesn’t lose
the original scale…..the problems caused by trying to scan then email them is horrendous……of course the emailed plan image still has the original scale stencilled on it…..and these are usually for compliance work (UK Land Registry)…. your atypical admin assistant often doesn’t realise this…….its like a pyramid of catastrophe!…………the dicing and splicing needed to rectify this is daunting!

Commuter trains in greater London (UK) are` choc full o’nuts’……. trying to do like your blog description….and all wired up…..its a bit like a substitute for `worry beads’…..like…… you can still see them actively used in places like Greece……(……well I guess that they’ve still got plenty to worry about over there!).
Have a nice day!
JL

Comment on Why all Real Estate Investors must be on BiggerPockets.com? by Joshua Dorkin

Joshua Dorkin — Mon, 13 Sep 2010 18:27:24 +0000

Thanks for the writeup, Ryan.

Comment on Why Private Money? by Ryan Moeller

Ryan Moeller — Wed, 01 Sep 2010 13:29:14 +0000

Hey Wenceslao,

I am focusing on OH only right now and we are finding absolutely amazing deals for flips and cash flow. Email me anything you have and I can forward it to some associates who may be interested. Thanks.

Comment on Why Private Money? by Wenceslao Fernandez

Wenceslao Fernandez — Mon, 30 Aug 2010 16:10:05 +0000

Will you look at projects in South Florida (Miami-Dade)? Thnx

Comment on 6 Tips for Investing in Tough Times by Ryan Moeller

Ryan Moeller — Wed, 25 Aug 2010 06:40:08 +0000

Thanks Cheryl!

Comment on 6 Tips for Investing in Tough Times by Cheryl Peck

Cheryl Peck — Tue, 24 Aug 2010 15:33:29 +0000

That is great advice in any market!

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Ryan Moeller

Ryan Moeller — Sat, 14 Aug 2010 07:34:08 +0000

Thanks Henri! Best of luck this year!

Comment on How to Find Great Cash Flow Deals by Ryan Moeller

Ryan Moeller — Sat, 14 Aug 2010 07:32:25 +0000

Thanks Burton, I greatly appreciate the compliment.

Comment on How to Find Great Cash Flow Deals by Burton Haynes

Burton Haynes — Fri, 13 Aug 2010 12:50:48 +0000

Nice post. As the CEO of WV Writing Services I cruise the weblooking for more useful information to put to use to better serve our customers. I liked your post and will be back for more.

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Henri Silberman

Henri Silberman — Wed, 11 Aug 2010 16:39:22 +0000

Nice and handy mailing, it’s alwaysgenerally helpful to see other viewpoints, grats.

Comment on 6 tips for buying foreclosures right by Ryan Moeller

Ryan Moeller — Sun, 08 Aug 2010 13:21:23 +0000

Thanks Chantay, I greatly appreciate it. Best of luck!

Comment on 6 tips for buying foreclosures right by gry

gry — Sun, 08 Aug 2010 13:00:47 +0000

I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.

Comment on Why Lease Options? by Ryan Moeller

Ryan Moeller — Sat, 31 Jul 2010 17:01:01 +0000

Thanks Robert, I appreciate the compliments and am very glad you like my tips. I enjoy helping people and plan to continue.

Comment on Why Lease Options? by router bits

router bits — Sat, 31 Jul 2010 15:59:32 +0000

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Comment on 6 tips for buying foreclosures right by Ryan Moeller

Ryan Moeller — Fri, 30 Jul 2010 13:01:32 +0000

Thanks so much, I enjoy writing and helping others.

Comment on 6 tips for buying foreclosures right by Ryan Moeller

Ryan Moeller — Fri, 30 Jul 2010 13:01:02 +0000

Thanks Noni,

I’m glad you find my blog informative. Best of luck!

Comment on 6 tips for buying foreclosures right by noni juice

noni juice — Wed, 28 Jul 2010 19:04:06 +0000

Very informative post. Thanks for taking the time to share your view with us.

Comment on 6 tips for buying foreclosures right by vemmawx

vemmawx — Wed, 28 Jul 2010 03:46:53 +0000

You certainly deserve a round of applause for your post and more specifically, your blog in general. Very high quality material

Comment on Tips for Lease Option Contracts by Ryan Moeller

Ryan Moeller — Thu, 22 Jul 2010 17:53:13 +0000

You need a purchase contract and a rental agreement. I recommend contacting a lease option expert in your state and/or an attorney as all states are different. My advice to all beginners is to choose one strategy and a few zip codes thus simplifying things and become a master.

Comment on What You Need to Know About Investing in a Limited Liability Company (LLC) by Ryan Moeller

Ryan Moeller — Thu, 22 Jul 2010 17:51:09 +0000

No, I have not heard of that but that would further cripple the real estate market.

Comment on 6 tips for buying foreclosures right by Ryan Moeller

Ryan Moeller — Thu, 22 Jul 2010 17:47:53 +0000

Thanks, I’m glad you find it useful. I also write weekly for BiggerPockets official blog as well.

Comment on 6 tips for buying foreclosures right by vemmauq

vemmauq — Thu, 22 Jul 2010 16:38:42 +0000

I find myself coming to your blog more and more often to the point where my visits are almost daily now!

Comment on 6 Tips beginners must know before investing by altin velaj

altin velaj — Tue, 20 Jul 2010 10:11:52 +0000

It is very true that staying focused is very important for any investor especially newbie.there is so much info out there.that is very easy too get confused. But my question is what can a newbie do in a real estate market that is over prized and not inaf money? There is not inaf cashflow in good not competition areas.an how too choose your strategies?

Comment on How to get tons of profitable deals to cherry pick from by LorriePennington23

LorriePennington23 — Thu, 08 Jul 2010 10:32:42 +0000

I took my first home loans when I was 25 and this helped my relatives very much. But, I require the bank loan as well.

Comment on What repairs should you do when rehabbing a home? by russ lyon real estate

russ lyon real estate — Mon, 05 Jul 2010 16:36:20 +0000

Haha!!! Excellent work! Those dudes at your competition (you know who) don’t even have a clue! Keep it up!

Comment on 6 tips for buying foreclosures right by Janice

Janice — Mon, 05 Jul 2010 08:45:32 +0000

I woke up today sad but after finding this article my state of mind got better.

Comment on What You Need to Know About Investing in a Limited Liability Company (LLC) by gordon

gordon — Tue, 22 Jun 2010 05:50:29 +0000

my cpa said that state of ca will add a tax based on amount of sales. so if you sell 5 100k houses for only 50k profit, they will say you had 500k in sales and there is an extra tax for that . Have you heard of that?

Comment on 6 Beginner Mistakes with Real Estate Investing by newbook

newbook — Tue, 15 Jun 2010 11:33:08 +0000

A good article that I found today. Thanks for your post.

Comment on Tips for Lease Option Contracts by Madeline

Madeline — Fri, 04 Jun 2010 02:14:22 +0000

Thank you Ryan.

I am new to Real Estate investing and am highly interested in Lease options. Are there any special forms I need to get started beside the standard lease forms? And what tips do you have for a new investor?

Comment on 6 Beginner Mistakes with Real Estate Investing by Short Sales

Short Sales — Thu, 03 Jun 2010 07:01:17 +0000

I am thankful I found an informative post like this. It seems that we all want to be legible in all matters.

Comment on 6 tips for buying foreclosures right by Zdrowie

Zdrowie — Tue, 01 Jun 2010 14:11:39 +0000

I’ve been visiting your blog for a while now and I always find a gem in your new posts. Thanks for sharing.

Comment on 6 tips for buying foreclosures right by Canon wide angle lenses

Canon wide angle lenses — Mon, 31 May 2010 21:27:32 +0000

I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.

Comment on 6 tips for buying foreclosures right by vemma

vemma — Mon, 17 May 2010 06:43:40 +0000

Thank You For This Blog, was added to my bookmarks.

Comment on 6 tips for buying foreclosures right by love calculator

love calculator — Sat, 15 May 2010 14:35:05 +0000

Very Interesting Information! Thank You For Thi Post!

Comment on Where is the real estate market going? by low cost links

low cost links — Fri, 07 May 2010 12:46:36 +0000

Cool site.

Comment on 5 Most influential business books to help your real estate business by Ned Carey

Ned Carey — Sat, 01 May 2010 22:25:07 +0000

Numbers 1,3 &4 I agree with you.

I like Brian Tracy but I’ve already heard and read a lot of Brian’s stuff. Is this book anything different than they typical Brian Tracy stuff?

I’m not familiar with the last one. I’ll have to check it out.

Comment on 5 Most influential business books to help your real estate business by Ryan Moeller

Ryan Moeller — Thu, 29 Apr 2010 18:43:23 +0000

Excellent point Kennon. It is very easy to understand concepts and theories learned in books but few apply this new knowledge. I recommend focusing on one book at a time and go back through as many times as needed until you effectively and efficiently implement what you have learned. Then move on and do the same with the next book so you get much more out of them. Thanks for the awesome post!

Comment on Tips for Lease Option Contracts by Ryan Moeller

Ryan Moeller — Thu, 29 Apr 2010 18:40:50 +0000

Good question Madeline. It really is negotiable, you can charge whatever you want but I do not recommend being greedy. The answer also depends on the situation and numbers. Agent commissions are usually around 6% total or for a 100K sale 6K. I would not recommend charging more than 6%, in fact I think 2% is reasonable which is lower than the 3% a listing agent makes. Now, the seller may not want to come out of pocket, but you can apply the buyers down payment towards it. You could do a percent, flat rate, negotiate it for every deal, negotiate part of the monthly rent or option price, etc. I recommend keeping it simple, reasonable and below what listing agents make. It is also better if it does not have to come out of the seller’s pocket rather comes from the buyers down payment. I also recommend you ask the sellers and buyers for others who would be interested in buying or selling. You can even give them some kind of fee or maybe a flat screen TV for 3 referrals that end up in a deal, etc.

Comment on 5 Most influential business books to help your real estate business by kennon hughes

kennon hughes — Thu, 29 Apr 2010 15:57:33 +0000

I knew of the bat two books that would be on here. 4 hour work week and rich dad. I have both but only 4 hour as an audio book. I also have the E-myth as an audio book. Here is a suggestion; I find that we are in such a rush for something new that we don’t truly absorb what we already have. If we did those things well the need for “new” information would decrease. An example is to think of your favorite song that you know all the words to. Chances are you have heard that song at least 100 times to do that. How many times have you read a specific book or audio book to be able to recite it back? I’m on my second go round of the real book of real estate by Robert Kiyosaki which I listen to when I run. It’s great and I look forward to running and trying to retain that information. I also have the book for reference to find specific information on cue. Good luck to all.

Comment on Tips for Lease Option Contracts by Madeline

Madeline — Thu, 29 Apr 2010 02:17:17 +0000

Hi, I read your guide to lease options. It was great. I just have one question. How do you determine fees related to lease options? (expample: connecting a lease option buyer with a seller).

Comment on How Investors can make money with lease options by investing

investing — Mon, 29 Mar 2010 04:23:43 +0000

investing…

Thank you ,Monday read your great San Diego Real Estate Investing blog ,your blog have a lot of very important knowledge and information for investing ….

Comment on How Investors can make money with lease options by invest

invest — Wed, 24 Mar 2010 05:20:13 +0000

invest…

I am really into investing and would be so glad if someone can help me learn more and understand more and get ahead with the subject of investing…….

Comment on 5 Vital Mistakes and Tips for Real Estate Investors by how to write a strong executive summary for a business plan

how to write a strong executive summary for a business plan — Tue, 23 Mar 2010 04:21:14 +0000

how to write a strong executive summary for a business plan…

Thank you ,Tuesday read your great San Diego Real Estate Investing blog ,your blog have a lot of very important knowledge and information for how to write a strong executive summary for a business plan ….

Comment on FHA waiver of 90day seasoning, what it means to investors by ibelouis

ibelouis — Sat, 13 Mar 2010 20:12:54 +0000

I really like when people are expressing their opinion and thought. So I like the way you are writing

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toronto payday loans — Sat, 13 Mar 2010 03:50:13 +0000

http://www.realreturnrealestate.com is the best. Thank your for this article. I enjoyed it very much.

Comment on FHA waiver of 90day seasoning, what it means to investors by Hotjoint

Hotjoint — Thu, 11 Mar 2010 04:31:54 +0000

I would appreciate more visual materials, to make your blog more attractive, but your writing style really compensates it. But there is always place for improvement

Comment on 6 tips for buying foreclosures right by Cialis

Cialis — Thu, 11 Mar 2010 01:27:31 +0000

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Comment on 5 Vital Mistakes and Tips for Real Estate Investors by Jerry Genschorck

Jerry Genschorck — Wed, 24 Feb 2010 11:01:20 +0000

Programs that use high leverage usually present lesser cashflow’s. in today’s econmy look to projects that offer cashflow. this will require greater investment on your behalf.

look at investments that offer little or no profit sharing by the IRS. establish a ROTH Solo (K) or a Roth IRA and recieve your profits income tax free. after all these are investments.

If you only have a 1% investment capital, you have no risk or investment either. Look at Master Leasing properties with an option to buy at a fixed price in the future. You don’t own the investment vehicle, but you can create a cashflow if you structure your leases accordingly. You can also ask to receive the tax advantages typically recieved from ownership, if you structure your leases correctly. There are a lot of landloards who would like out of the business, but can’t afford to sell right now. follow my comments section or e-mail me at jerrygenschorck@comcast.net

Comment on I bought my car just like I purchase investment property by Ralph Jones

Ralph Jones — Tue, 23 Feb 2010 09:38:36 +0000

Good business Advice like yours not only apply in purchasing of cars but other things too craigslist posting service

Comment on 5 Vital Mistakes and Tips for Real Estate Investors by Kevin Chan

Kevin Chan — Tue, 23 Feb 2010 04:57:53 +0000

Thanks for your 5 tips, is very helpful.
I am personal investor in Tokyo Japan on rental income multi-residential.
In Japan we also cannot get full loan these days, may be up to 90%, and also base on your “salary income” 10 times is the rule. About your tip 1) of sending many bids….. do you mean rock bottom price and after 1 out of many accept the deal, then look for mortgage? But what if later you cannot get mortgage do you still have to purcahse the property? Also will appreciate if you give some examples of realestates strategies from any past experiences.
Thanks
Kevin

Comment on 5 Vital Mistakes and Tips for Real Estate Investors by Shirish Junagade

Shirish Junagade — Mon, 22 Feb 2010 11:19:46 +0000

I need to know how can I build finances to buy good real eatates IF I want to put 1% or less from my own pocket (hard money)!
I know, banks won’t do it but I heard there are ways for this.

Appreciate your pieces of advice.

Shirish Junagade

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by payday loans

payday loans — Sun, 21 Feb 2010 10:41:23 +0000

I want to thank the blogger very much not only for this post but also for his all previous efforts. I found http://www.realreturnrealestate.com to be greatly interesting. I will be coming back to http://www.realreturnrealestate.com for more information.

Comment on FHA waiver of 90day seasoning, what it means to investors by Ryan Moeller

Ryan Moeller — Wed, 17 Feb 2010 07:37:50 +0000

Becky,

This is new to underwriters and it may be a pain to get the mortgagee letter assigned. I would read more at the link below and ask everyone you know especially in banking and mortgage for advice on how to get the letter. Best of luck.

http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf

Comment on FHA waiver of 90day seasoning, what it means to investors by Becky

Becky — Tue, 16 Feb 2010 16:31:23 +0000

I have read your attached but I am getting the same information as Tim (Feb 9) that until a mortgagee letter is assigned the banks will not override this rule. I have 2 properties under contract right now in underwriting limbo waiting on this mortgagee letter. Any help/suggestions would be appreciated.

Thanks, Becky

Comment on How to get tons of profitable deals to cherry pick from by Ralph Jones

Ralph Jones — Tue, 16 Feb 2010 11:46:05 +0000

Real strong article you wrote.Well written and circling the point.I just want to take up your SEVENTH point and say Marketing do require lot of Ads first and then personal connection later or you can put this Vice Versa.And that,s what done at craigslist posting service

Comment on FHA waiver of 90day seasoning, what it means to investors by Ryan Moeller

Ryan Moeller — Tue, 09 Feb 2010 21:51:36 +0000

Yes, it is in effect. There is more detail below. I don’t have the exact details on your mortgage, but I imagine by reading more you can find out what to do or if it qualifies for the seasoning waiver.

http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf

Comment on FHA waiver of 90day seasoning, what it means to investors by Tim

Tim — Tue, 09 Feb 2010 20:57:41 +0000

Ryan

Is this now in effect? I am being told that the property isn’t “seasoned” and that this waiver doesn’t mean anything until the FHA issues a “mortgagee’s letter”…. Can you shed some light on this for me?

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Ryan Moeller

Ryan Moeller — Tue, 09 Feb 2010 04:24:17 +0000

Great idea Johnny. Motivated sellers will give a nice discount. I would ask him right before he leaves if he still is looking to get rid of the car and be prepared to write up a note. A lawyer can help you with this. You can also contact AAA and do some research on private auto note and see if you can find one online. Let me know how it goes.

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Johnny

Johnny — Mon, 08 Feb 2010 04:37:09 +0000

Hi Ryan, great idea, I learn well off these types of exercises… An acquaintance of mine is leaving for canada in ~1 months time. He has a car worth $21,200. I am thinking waiting a few more weeks to apply more pressure, and offering $10,500. Then I will be able to sell it at the car dealership for $18,000. I would like to give him a note for it, then pay with the money I get from the dealership. How do I do a note? Do I have to get a lawyer to draft one up? Cheers, Johnny

Comment on Exercise 2 for Real Estate Investors – Craigslist Sell by Ryan Moeller

Ryan Moeller — Sun, 07 Feb 2010 20:21:26 +0000

Finding motivated sellers I recommend getting good lists and doing direct mail campaigns. Foreclosure/default, absentee owners, expired listings, probate, etc. It helps to drill down further and get only properties that are owned out right, bought with cash and/or have equity. Craigslist can be helpful, probably not the best for buyers and sellers. For rent to own buyers I would advertise everywhere people advertise rentals including rental real estate services.

Comment on Exercise 2 for Real Estate Investors – Craigslist Sell by Ryan Moeller

Ryan Moeller — Sun, 07 Feb 2010 20:09:38 +0000

Hey Ann, email me what you are interested in doing with real estate. You can read all my blogs, download free guides and join the free tips and mentoring network on the site.

Comment on FHA waiver of 90day seasoning, what it means to investors by Ryan Moeller

Ryan Moeller — Sun, 07 Feb 2010 20:00:27 +0000

Thanks Jason, glad to help.

Comment on Exercise 2 for Real Estate Investors – Craigslist Sell by Rick Nadeau

Rick Nadeau — Sun, 07 Feb 2010 13:17:40 +0000

Your info on selling items on craigslist is very good. I advertise rent to own properties and also look for motivated sellere that are looking to sell their homes. Any suggestions on adds for these services? Thanks, Rick

Comment on Exercise 2 for Real Estate Investors – Craigslist Sell by ann malobabich

ann malobabich — Thu, 04 Feb 2010 23:03:25 +0000

I am interested in advice and tips.

Comment on FHA waiver of 90day seasoning, what it means to investors by Jason Rush

Jason Rush — Thu, 04 Feb 2010 01:32:48 +0000

Ryan, thanks for the post and continuing to provide information that is pertinant to our industry and usefull info and details to the public.

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Ryan Moeller

Ryan Moeller — Wed, 03 Feb 2010 09:15:04 +0000

Thanks Gary, glad it is helpful. Stay tuned, I have an entire series of exercises that are incredible ways to learn by doing.

Comment on Exercise 1 for Real Estate Investors – Craigslist Buy by Gary

Gary — Wed, 03 Feb 2010 03:03:13 +0000

“…Remember, this is a numbers game so the solution is to get more leads not compromise and overpay and take on too much risk with lower return…”

Very well said. When I learned this I started down the path of success in real estate investing. I use to, and to some extent still do, knock on doors scouting for real estate deals. Direct mail, door knocking, social media marketing is all a numbers game.

Comment on Outline of Business Plan, the start to every successful real estate business by Ryan Moeller

Ryan Moeller — Fri, 29 Jan 2010 07:46:36 +0000

Right on Masilo, Thanks! I hope it helps and look forward to the result.

Comment on Outline of Business Plan, the start to every successful real estate business by masilo

masilo — Fri, 29 Jan 2010 06:29:36 +0000

Good info up there.I’m going to apply it and I will show you the result.

Comment on Outline of Business Plan, the start to every successful real estate business by Ryan Moeller

Ryan Moeller — Fri, 29 Jan 2010 01:12:42 +0000

Great question Manoj. Many smaller, less developed markets have deals with really low LTVs and tremendous cashflow. High demand and tons of exit strategies do not exist. In this cash, I suggest only doing deals at really good LTVs and with extremely good cash flow. Do your due diligence to make sure you will be able to rent the properties and complete some rehab and/or add value to make it more appealing to tenants. A lease option is a great strategy as is renting for 5-10 years then selling for the capital gains. Best of luck!