Thursday, July 30, 2009

What Type of Property Should I Invest In?


What type of property should I invest in!

Determine your investing strategy!

There are different types of real estate, and different ways to invest in them. Which way is best is for you to decide, according to your particular needs. Here are a few avenues to consider when starting your business.

Rental houses
One of the easiest ways to get started and good long term return on investment. At times, being a landlord can mean more hard work but if you are up for the challenge then go for it!

Rent-to-own houses
When you buy, then sell on a rent-to-own arrangement, you get higher rent, and the buyer is usually responsible for maintenance. The bookkeeping cab be tricky, and most tenants don’t complete the purchase (this can be an advantage too, but it does mean more work for you).

Fixer-uppers
Are a quick return on your investment, and it can be more creative work. Keep in mind that fixer uppers can be high risk (many unpredictables) and you can get taxed heavily on the gain.

Buy for cash, sell for terms
You get a high rate of return by paying cash to get a good price, and selling on easy terms to get a high price AND high interest.


Buy land, split it and sell it
It is simpler than most real estate investments, with the possibility of great profits. The down side to this is that it can take a long time, and you have expenses, but no cash flow while you wait.

Boarding houses
You can get a lot more cash flow renting a house by the room, especially in a college town. The downside is that you can get a lot more headaches renting a house by the room, especially in a college town.

Commercial real estate
Long term triple-net leases mean little management and high returns. Commercial Real Estate can be a tough market to break into, and you can lose income on vacant storefronts for a year at a time.

Looking through this list of options should help you decide what avenue of Real Estate you’d like to pursue. Always do your homework! Take your time and figure out what’s best for you. Also, talk to an experienced Real Estate professional to sort out your options. When starting out in Real Estate, making huge decisions will require the help of someone who knows about the business.

Once you own your first property, you will want to add more advisors to your team including: attorney, accountant, and various contractors. Most of them should own investment property or at least have investment property clients. Sometimes the biggest obstacle to becoming a Real Estate Investor is simply taking that first step. If you have found the right advisors, that step can be much easier and less stressful. Now go get started!

To get professional advice and more information call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com.

Annetta Powell
Queen of Real Estate

Tuesday, July 28, 2009

Make a List!


Make a list!

Make sure that you and your spouse know what you want and need in a home. Sit down and make a list. It’s a good idea to zero in on the features you must have, would like to have, and definitely those that you don't want and would prefer not to have. Your goal is to find the right home for your family!

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate

Thursday, July 23, 2009

Running with the Vision!

Real Estate Investing! Running with the Vision!

Becoming a Real Estate investor is one of the biggest decisions you’ll make in your life. It can mean the difference between getting up every morning and punching a clock (something that you hate) and getting up and selling an investment property and making a huge profit! The latter definitely sounds better! Now is the time to run with the Vision!

In order to reach you goals as a Real Estate investor, you must have a vision. Also, you must have drive and determination in order to run with that vision! Real Estate has its rewards but those rewards cannot be obtained without a sound strategy and the ability to execute. We all want financial prosperity. We all want the ability to pay our bills on time, get rid of our creditors and have some spare change in the bank. Sitting down and creating goals for yourself is the best way to create your vision!

Many will tell you that the Real Estate market is horrible right now. But for a Real Estate investor, this is the best time to create a financial empire! Don’t waste time on get rich quick schemes and investment scams that could put you deeper into the poor house. Putting your time and effort into building a stable and successful business will definitely pay off in the long run! So run with your vision!

One of the biggest challenges that people face when trying to become a Real Estate investor is the lack of cash. But this does not have to stop you from running with your vision. If you are already a home owner, you may have what you need to start your business. If you have owned your home for a few years, then you probably have some equity built up that you can access to get you started in Real Estate. There are a few options that you can exercise to help you run with your vision. Talk to an experienced Real Estate professional and find out how you can start investing and run with your vision today! Starting your Real Estate business will take time, patience and effort but don’t be discouraged!

Before starting your business, it would be in your best interests to find out what kind of Real Estate investor you want to be. Do you want to buy house to rehab and flip? Maybe you want to rehab and hold them. If you are uncertain, visit your local Real Estate Investing (REI) club meeting and talk with other investors. Read everything you can about real estate investing. Read and participate in on-line investor forums as place to ask questions and learn. Find a local investor, take him to lunch, and have him explain the business. This lunch may turn into a friendship and this person may become one of your real estate advisors. Reach out and do all you can! Run with your vision today!

To get professional advice and more information call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com.

Annetta Powell
Queen of Real Estate

Tuesday, July 21, 2009

Take Charge!

Take charge when buying a home!

If you approach the home buying process cool, calm and with confidence, you are much more likely to emerge with a house you'll be proud to call home.

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate

Tuesday, July 14, 2009

Are You Ready?

Home buying! Are you ready?!

Sit down with your spouse and even family members and weigh the pros and cons of buying your first home. You want to make sure that you are mentally and financially ready to make such a large purchase!

Visit www.visioninvestmentcorp.com for more information.

Annetta Powell
Queen of Real Estate

Thursday, July 9, 2009

Attracting a Buyer for Your Home!

Attracting a Buyer for your Home!

If you are a Real Estate investor or a home owner in general, in today’s economy, you must be thinking of different strategies to sell your homes. It’s possible that you could have a property on your hands for a few months or longer but if you want to be efficient, quick and turn a profit, here are a few strategies for attracting buyers for your home!

Landscaping!
Taking great care of the lawn is a great way to attract buyers. There is nothing like a beautiful landscaped home to grab a buyer’s attention. If the lawn is full of weeds, brown and yellow, it doesn’t make the rest of the house look so attractive, especially if you are the personal owner of the property. Having a green lawn free from weeds only reinforces to the home buyer that your house is well cared for. Remember: Overgrown shrubs and hedges hide the true value and size of your home. Prune all overgrown plants. Get them away from the siding. Plants push water onto the siding. This can cause water and rot damage. Hang colorful flower baskets on either side of your front entry. Trees and larger plants should be placed as either a focal point or a guiding path in the front yard to your front door. Also spruce up the planting beds with new bark-dust. Temporarily using a lawn service may be a good investment until your house is sold. Get it green!

Draw in your buyer!
Now that you have made a great impression with the landscaping and exterior of the home, now is the time to really impress your buyer with a clean front entry. The front entry should be repaired, crack and rot free, and freshly painted. New and bright entry lighting is the way to go. The front door should be free from dirt, newly painted and have a visual style that reflects the theme of your home. A new lockset, deadbolt and brass kick-guard is an inexpensive way to spruce up your front door.

Putting a price tag on your home!
With the downturn in the economy, you don’t want to overprice your home. Over-pricing when you sell a home reduces buyer interest, makes competing homes look like better values, and can lead to mortgage rejections once the appraisal is in. Over-pricing when selling a home is the single biggest reason why many "for sale by owner" home sellers don't sell their homes successfully. Remember: the home selling market dictates the price (not what you think it should be worth). One of the best ways to correctly price your house when selling is to find out how much other homes, similar to your own, recently sold for in your neighborhood. Talk to home sellers, buyers and check out the real estate listings in your local newspaper.

And last but certainly not least…

Marketing your home!

There are tons of ways to market your home. With the advance in technology, there are endless options to attracting a buyer for your home. The most popular has been using websites to post your home for sale and then adding pictures and virtual tours. This allows your buyer to get a good look at the home, inside and out! Newspaper ads won’t do the trick alone. People like to see visuals. It would be in your best interest to learn the latest computer technology so that you can post your home yourself or find a computer person that can do it for you.

These are just a few tips for attracting buyers for your home. Don’t be afraid to be creative and savvy. Remember, you want your clients to be happy as well as turn a profit!

To get professional advice and more information call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com

Annetta Powell
Queen of Real Estate

Tuesday, July 7, 2009

Calculate Your Income Vs. Debt!

Calculate your income vs. debt!

As you start to consider buying your first home, make sure that you sit down and calculate your income vs. debt. You don’t want to take on something as huge as buying a house and you are not financially able to do so!

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate