Real Estate Investing – How To Identify Next Actions

Real estate investing includes the purchase, holding, improvement, disposition and/or the selling of real estate as a complete or partial part of the total market value. Improvement of real estate as a component of an overall real estate investment plan is generally thought to be a specialized sub-specialty of real estate investing known as real estate flipping. Flipping involves the quick sale or “flip” of the real estate property to realize a profit in a short period of time. Flipping can be done through either a residential property owner who wants to sell for the current market value, or through a commercial real estate investor who is looking to take advantage of a property that is newly constructed. For the average individual, the most money can be made by flipping real estate properties which are being sold at below market value. How Do I Get Started in Real Estate Investing? When it comes to real estate investing, it’s easy to get started. In most instances, all you have to do is decide what you want to get started doing, pick a goal, and get started. Some things you will need to get started on your way to making money from real estate investing include finding a mentor or buying a real estate investing book or guide. Once you have these two things accomplished, the rest of this article should be able to help you get started. Real estate investments are basically just any investment you make that has a potential to create a profit. The investment could be any type of real estate such as retail real estate, commercial real estate, or vacant land. There are many investors out there who use multiple types of investments to grow their net worth. However, real estate investing is considered a high risk endeavor. The reason why is because many investors lose money when they try to take on large and complicated projects themselves. To avoid taking on too much risk, it’s always best to let a professional handle these kinds of projects. Get Started With Some Research While there are many ways to make money from real estate investing, the most important thing an investor can do to get started is research. This step alone is the first in creating your own empire. You’ll need to find properties to invest in so you can purchase them and then turn around and sell them for a profit. While there are many ways to do this, some of the best methods include looking in the local newspaper, online, and at auctions. When doing your research online, you can even research specific locations to invest in, such as buying property in Mexico. After you do a few successful transactions with great returns, you should consider hiring a real estate broker to help you with your next actions. One of the biggest mistakes real estate investors make is focusing on short-term profits and ignoring long-term goals. If you aim to make a significant amount of money… Continue reading Real Estate Investing – How To Identify Next Actions

Role of the Broker in Real Estate – An Explanation

Real Estate Brokers What exactly are brokers? A broker is someone or a company who arranges transactions between a particular seller and a particular buyer for a certain fee when the deal is done. Usually, a broker who acts as an intermediary between the two ends gets a third party to act on behalf of the seller. Sometimes, a broker does not get a third party to act on the seller’s behalf but gets a part-owner or group of part-owners to do it. Brokers sometimes act as middlemen or brokers who help sell and buy various securities, such as stocks or currencies. And sometimes, brokers help sell or buy securities by providing information about various securities to their clients. Market Research When buying or selling securities through brokers, a buyer needs to make some market research. This is because many brokers charge fees for market research. Market research helps a broker earn more money. It takes a lot of time and effort to do market research, especially online, so that is why most brokers will not offer it free. These brokers may offer free market research to potential clients. Online brokers, however, do offer this service to their clients. They do this by gathering information from different websites on how their clients can execute online transactions. They usually provide information on the different types of transactions available on the Internet such as buying and selling through trading sites, stock exchanges and marketplaces. These online brokers also provide information on the different ways to close transactions, how long transactions take, and the types of security involved in each transaction. They may also provide information on where to get the best securities. Protocol A Broker connects a seller to a buyer through a “protocol” known as the “interbank market”. The “protocol” is a series of instructions and regulations developed by certain brokers to facilitate a certain number of transactions for their customers. A certain number of brokers are responsible for developing the Interbank Market. This number of Brokers creates the Interbank Market that includes some of the largest financial markets in the world including; AMEX, NASDAQ, NYSE and FAP turbo. Intermediaries The intermediary serves as the go-between for the buyers and sellers. The intermediary acts as the link between two different parties. In real estate brokerage, the role of the intermediary can be seen in a more professional setting. There are less direct links between brokers and clients, which make the role of the broker more professional and therefore, more trustworthy. Some brokers however, are open to more personal interactions with their clients. Conclusion While brokers serve as intermediaries for their clients, real estate agents still play a major role. As of 2021, there are even discount real estate brokers entering the scene. Real estate agents play a very important role in the residential and commercial properties for sale. Without an experienced and reliable agent in place, finding the perfect property for you or for your buyer can be a very difficult… Continue reading Role of the Broker in Real Estate – An Explanation

The #1 Reason Home Deals Fall Apart

Roofing and Insulation Article – The Number One Reason Home Deals Fall Apart Owning your own home is one of the largest investments you will ever make. The process of buying a home can be very exciting. It can also be a bit stressful. You want to protect your investment by having a professional home inspection performed. You want to make sure your new home doesn’t have too many costly safety issues or major defects. You definitely don’t want to fall victim to the number one reason home deals fall apart. The Home Inspection After you sign a contract to purchase a home, you will get a few days to have a professional home inspection. The professional home inspector will look at your home from top to bottom. He will inspect the roof, the siding, the windows, the walls, the plumbing system, the electrical system, the HVAC systems and more. After the inspection, you will receive a written inspection report. This will include any safety issues or major defects in the home. You have the right to ask the sellers to repair or replace the safety and defective issues found. You can also ask them for a monetary closing cost credit so you can have the repairs made at a later date. Some sellers will want to make it a win-win situation, and will repair and replace some or all of the safety hazards and defects found in the home. Some sellers will not. If you aren’t satisfied with how the inspection issues are going to be handled, you have the right to cancel the contract. One of the main issues found in an inspection is a defective roof. This is the number one reason home deals fall apart. Roof Repairs There are quite a few different types of roofs such as wood shingle and shake roofs, asphalt roofs, slate roofs, clay tile roofs and more. No matter what type of roof you have, roof repairs and replacement can be very costly. Some of the defects found in a roof are holes that cause leaks, missing or broken shingles or tiles, curling shingles, crumbling shingles, open seams and more. If the house you are buying has an older roof or a roof with these defects, you might have to replace the roof. Insulation How a house is insulated goes hand and hand with the age of the roof. Many older homes have old roofs and are not insulated with insulation as effective as they manufacture today. Most people who get a new roof will get new and improved insulation at the same time. Your home inspector will be able to give you his general, professional opinion on the condition of the roof. A roofing company will be able to give you more details on what types of repairs the roof needs. If the roof is too old and has too many problems, a roofing company will be able to go over costs of roof replacement, roof styles to choose from,… Continue reading The #1 Reason Home Deals Fall Apart

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“Fake News” In Canadian Real Estate

  Canada Accused of Using ‘Fake News’ To Drive Up Real Estate Borrowing Apparently, Canada’s government is trying to use fake news reports in an attempt to drive up their real estate sales. Many are left wondering why the government is using citizen’s money to write fake articles about refinancing homes. Experts believe they are doing it to boost sales in the real estate market and trick their citizens into the idea they should buy a home through the use of a real estate agent, based off statistics that are made up. Creating Your Own Problems Canada has been deep in debt for many years now, especially in the real estate market. So the question on so many people’s minds is “Why is the Canadian government spending hundreds of thousands of dollars to have fake articles secretly written to advise their citizens how to apply for new mortgages and take on more debt?” Blacklocks’ Reporter is a reporting agency based out of Ottawa who recently took the time to comb through piles of different government contracts for hundreds of thousands of dollars worth of articles to be written by different departments. Among the documents, many were written on how Canadians could apply for a new Home Equity Line of Credit (HELOC) and join in on the so-called “condo boom”.  In recent years, Canada has been plagued with an abundance of unsold condos, reaching a 21 year high as recently as 2015.   Information From News Canada The news distributor known as News Canada offers free news content for their news organizations to use, without worry of copyright infringement and cost. They do this in order to help different news organizations gain extra print pages or views to their articles. However, if they are not charging for this service or content, how do they expect to get paid? It’s not like they’re new testing out a new business model… one that includes free content in exchange for future partnerships. The company has been around since the 1980s and has always had a somewhat controversial way of marketing their services. It is not always clear who the sponsor of the content actually is, and with widespread speculation that much of the content is “fake news” turns out to be an issue.   An Important Question         The question of who is sponsoring all of this content handed out by News Canada poses an issue with the government. They now deem any content that is “state-sponsored” to be considered as “fake news”, period. This issue becomes even more noticeable because the states are spending more than $500,000 to have this content written as government news. Canada’s government pays a lot of money each year to have their own content distributed.   Discrete Distribution Of Real Estate Content By Canadian Government The Canadian government has been spending a small fortune on distributing real estate articles in the news about easy ways to sell a home or buy a home. Much of this… Continue reading “Fake News” In Canadian Real Estate

Key Factors To Consider Before Buying Real Estate

Key Factors To Buying Real Estate One thing everyone will agree on is the condo real estate market is continuously changing; it doesn’t matter if you sell or buy a home, there are some key factors you should always consider. With the housing market in a constant state of flux, there is never really any guarantee as to when is the best time to invest in real estate. Some financial advisers just say to “invest when you can invest.”   In many places across the country, renters are paying upwards of (or more than) two thousand a month. That averages more than $24,000 a year, and it’s money you’ll never see again. Unlike renters, property owners have something tangible, that they can sell whenever they see fit, often times doubling their investment. Owning a home gives you a place to call your own; that you and your family can grow old in, a house is not only a home but a financial investment that you can eventually leave to your children. Here are some of the Things to Consider before you Buy or Sell a Home Find a Trusted Realtor It’s important to find a Realtor you trust, someone who will try their best to ensure you get the list price you’re asking for, which is why you should remember that it’s the seller that has to pay the commission, not the buyer. Weather you’re trying to buy or sell a home, it’s essential to find an agent that looks out for your best interests. Find a local Realtor who will not only help negotiate the listing price but also handle everything from open house showings to scheduling whatever home inspections need to be done. Finding the perfect Realtor may take time, but is a vital component not only to the seller but also helps buyers, such as first-time homeowners get a fair deal and don’t end up overpaying. Commitment Rather it’s buying or selling your house, it’s a decision that requires a great deal of commitment. Buying a home is almost like going into a marriage, it’s not a decision a person should ever take lightly, purchasing a home requires the right preparation, planning, and having the proper financing. You should fully understand that if you’re planning to buy a house with your significant other, than half of that property legally belongs to them even if you’re not married, so you should have a contract in place to help protect each other’s assets beforehand, consulting a lawyer is a never a bad idea. One of the reasons people tend to rent a home is because the thought of owning their own house can seem a bit overwhelming, many people work two jobs to save enough money to eventually be able to afford their own home, which is why before you hire a Realtor, you should create an outlined budget of what you’re comfortable spending. Know What You Want A common problem many people tend to face when buying a… Continue reading Key Factors To Consider Before Buying Real Estate

Ten Things To Do In Savannah, GA

Top Ten Things To Do In Savannah, Georgia It is easy to understand why anyone would be interested in buying a luxury home in Savannah. This historic town has everything that you could desire in a place to live. The town has beautiful parks, a booming nightlife, a large arts and culture scene, as well as a beautiful historic area dating back to Colonial times. Historic homes for sale in Savannah are not the only historic places of value in the area. There is a breathtaking cemetery that has been ranked as one of the top 100 places to visit in the United States, a post-Revolution fort, and even an old pirates cove. The Top 10 Places That You Can Visit In The City Include:   Forsyth Park This 30-acre park has a beautiful fountain, moss-covered trees, and walking trails to enjoy. Residents and visitors can be found at the park on any given day just enjoying the beauty that Savannah’s Forsyth Park has to offer.   City Market   Located on the waterfront, the City Market is 4 blocks of open-air shops located in renovated warehouses. This marketplace is a great place to shop or gather with friends.   Telfair Museum Of Art Located within the Telfair mansion, this art museum is just one of many found throughout the city. It is a double pleasure to visit because you can experience the beautiful home as well as all the magnificent art contained inside.   The Cathedral Of St. John The Baptist   Considered to be one of the most beautiful churches in the United States, this cathedral is a must-visit spot in Savannah.   Bonaventure Cemetery   This 100-acre cemetery is breathtaking. The headstones date back to Colonial times, and the peacefulness you experience while going through the cemetery cannot be compared.   Old Fort Jackson Located just outside of the Savannah city limits, this fort was at one time the strongest fort constructed in the United States. It has played a significant role in several wars, including the War of 1812 and the Civil War.   Fort Pulaski   If you enjoy visiting forts, Fort Pulaski is located between Savannah and Tybee Island. This historical fort was the first fort to fall to General Sherman during the Civil War.   Tybee Island   Located right outside of Savannah, Tybee Island is a small little town with a magnificent beach that is mostly frequented by locals.   The University Of Georgia Aquarium   This aquarium features many different types of marine life from the local waters as well as additional animal life indigenous to the area. The aquarium also offers many different events to enjoy.   Historical Homes Savannah has attracted and been home to many famous people. You can spend many lazy afternoons touring the various famous homes in the area. Some of these homes include that of Juliet Gordon Low, founder of the Girl Scouts of America and the Mercer-Williams mansion. Johnny Mercer was a famous lyricist… Continue reading Ten Things To Do In Savannah, GA

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7 Strategies for Choosing the Right Realtor

Choosing the right real estate agent is an extremely important decision with so much money at stake.

7 Strategies for Choosing the Right Real Estate Agent  When it comes to selling a home, choosing the right real estate agent is key to ensuring that you get the strongest offers and the least amount of hassle. The ideal REALTOR® should have a perfect mixture of credentials, motivation, and communication, and sorting through all of your options may seem daunting. Luckily, there are a few simple strategies you can use to narrow down the field and find only the most qualified real estate agents to handle your property. Reach Out to Recent Clients Any legitimate real estate agent should be willing and able to provide you with contact information for some clients whose homes they have sold recently. Once you have gotten in touch, focus on finding out crucial information such as what the asking price was compared to the final sales price, and how long the property was on the real estate market. And of course, it does not hurt to ask about a client’s experience with the agent. Check Their Credentials As with many other professions, real estate agents can have specialties or areas of advanced training that make them more or less suitable for certain situations. Look for designations such as CRS, which indicates that the real estate agent has specific experience in residential real estate, or SRES, which suggests that the agent has received additional training to help buyers and sellers over the age of 50. As well, keep in mind that real estate agents get licensed by province, so you can check with the Real Estate Council of Ontario “RECO” to ensure that their license is valid and that they have not faced any disciplinary actions. Look for the Right Marketing Always look to see how an agent markets other homes they are selling, because it is very likely that your home would get the same treatment. Do they advertise open houses, put up flyers, advertise it on the best homes for sale web sites, send direct mail to nearby neighborhoods, or offer virtual tours? Do the photographs in their listings look as if they were done by a professional real estate photographer? If the agent’s real estate marketing strategies appear ineffective, or if the marketing seems like it is more focused on the agent than the properties they are selling, you are likely going to lose out on potential home buyers. Inquire about Support Many real estate agents operate in small teams that help handle the logistics and ensure that the agent is not overwhelmed by multiple clients, but in some cases a support team is used as an excuse to pass the client off onto someone else who might not have the same level of expertise or work ethic that you were expecting. Before taking on a real estate agent, clarify what role the team will be playing in the process. Seek Clear Communication You will be spending a considerable amount of time in contact with your real estate agent, so it… Continue reading 7 Strategies for Choosing the Right Realtor

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Residential Investment Property

Finding the right Residential Investment Property takes patience and skill.  Infinity Real Estate has been working with investors for over a decade.  With a deep history of working with FNMA on their foreclosures, we can assist with providing the REO seller with exactly what they want to get the deal done. We analyze the market to insure that your personal investment strategy makes sense and find the perfect property to fit that need.  Valuing property verses the time value of money while considering your personal tax situation is our specialty.  Whether you are flipping a house for a quick profit or looking for a long term investment, Infinity Real Estate can assist with your investment needs. All homes are an investment, whether you live in the property as a homeowner or you specifically are purchasing properties for sale, we plan to be your long term partner in achieving your financial goals. We can e-Mail you upon new pre-foreclosures and REO properties that are coming available.  To get automated e-mail on new Investment Properties. For a full analysis of your next residential investment property, Contact Us for a no obligation discussion.

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