Sell Your Income Property For More Selling income property isn't like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different, because it's bought by investors, who look at income more than new paint. Raise income, and you increase value.Let's assume investors in your area expect a capitalization rate of .08. That means that they want a net return (before loan payments and...... Similar Editorial : by Anne Tide. | Source : Tips On Home Buying
Four Reasons To Offer Seller Financing An example of seller financing: Years ago I bought a rental property, and nine months later sold it for 15% more, without fixing or improving a thing. The easy terms are what sold it. I took $1000 down, and I still get a payment every month, with 9% interest.Four Reasons To Offer Seller Financing1. To get a higher price. As you can see from the example above, buyers pay for easy terms. From the...... Similar Editorial : by Benjamin DeBell. | Source : Tips On Home Buying
Seller Financing - Six Safety Tips Why offer seller financing when you sell? A higher price, a good return on your money, a faster sale and to sell a property that is otherwise difficult to sell. Some good reasons, but how do you do it safely?1. Get a large downpayment. The most obvious way to be safe, and not always possible. 2. Get other security. If they want it with little down, and you like the return you'll get, make it safe...... Similar Editorial : by Kim Lee. | Source : Tips On Home Buying
Selling Your Own Home - An Outline Selling your own home can be a time-consuming and frustrating process. Though listing with an agent is probably the best plan, I won't leave you do-it-yourselfers without some helpful information. In the right market, it may make sense to save the commission and do it yourself - if you know what you are doing. Use the outline here to do it right, and to avoid common mistakes.First Understand Home...... Similar Editorial : by Michelle Annese. | Source : Tips On Home Buying
Refinance Rental Property - Dont Sell It You own a rental property for years, and never see the "big pay-off." Is it time to cash in on your investment, now that you've paid down the mortgage, and values are up? Maybe not.The Problem With SellingSelling means you'll have to pay a large capital gains tax. This can be avoided if you reinvest through a 1031 exchange, but then the point is that you want your money, right? Also, a good rental...... Similar Editorial : by George Gonigal. | Source : Tips On Home Buying
Buying Rental Property - Avoid Sellers Tricks Be careful when buying rental property. We stayed at a motel for a week one winter. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When we noticed that the lobby and swimming pool were unheated, we thought it was frugality. Only a year later, when I read a news story about a new owner struggling to make the motel work, did I...... Similar Editorial : by Editor-123. | Source : Tips On Home Buying
Motivated Sellers - How To Find One Motivated sellers? My wife and I were trying to keep the renters happy, the rent coming in and the house repaired - while living 2100 miles away. You bet I was motivated. We just sold our house last month, and even got a good price, but I'll tell you a secret. We would have sold the place for... well I don't want to stress out the buyer if he reads this. Let's just say we would have sold it for...... Similar Editorial : by Dr. Zonnya First Lady of Motivation. | Source : Tips On Home Buying
They Are All Motivated Sellers The importance of finding motivated sellers is stressed by almost every real estate guru out there. Of course it is ideal if you can find that seller who just wants to get rid of his property no matter what - and fast! All sellers have their own motivations, though, and you can make a better deal out of any property if you learn what those motivations are and use them in your negotiating.In a...... Similar Editorial : by Rick Sarouk. | Source : Tips On Home Buying
Selling Land - Three Important Tips Selling land or small lots? Would you like to get more for your property and sell it faster? Then there are three important things you should do.My very first piece of real estate was two-and-a-half acres adjoining some state land in northern Michigan. I paid $3,500 for it. Land was cheap back then. I sold it for $4,750 just two weeks later. I'm convinced that selling land so easily, and for 35%...... Similar Editorial : by Thomas Pretty. | Source : Tips On Home Buying
Will An Open House Sell Your Home? I remember the first open house I hosted as a real estate agent. I knew nothing about the home - it was listed by another agent in the office. It was a lakefront home that was too expensive for most of the visitors that came that day. They came to dream, while their kids ran around the yard, getting in the seller's things and I ran around trying to keep track of where everyone was. Of course I...... Similar Editorial : by Neeraj Varma. | Source : Tips On Home Buying
How To Buy Low And Sell High Large profits can be made quickly when you buy low and sell high. However, it is easy to make mistakes valuing a property, and transaction costs can eat up your profits if you are a little bit off in your assumptions.This is the most obvious way to make money with anything, right? Of course selling high is the more problematic part of the formula. But then again, if you buy low enough, you can...... Similar Editorial : by Hugh McFarland. | Source : Tips On Home Buying
How To Sell On Lease Option When you sell on a lease option basis, you generally get to collect higher rent, and sell at a higher price. Then, if the buyer doesn't exercise the option you may be able to keep the deposit and sell the home for even more. The downside? Bookkeeping can be tricky, and many tenants don't complete the purchase (this can be an advantage actually, but it does mean more work for you).There are many...... Similar Editorial : by Monica Scott. | Source : Tips On Home Buying
Buy And Sell Mobile Homes In Your Park Why buy and sell mobile homes? It is an safe and very profitable if you own a mobile home park. You have to own a mobile home park for this to work most effectively. If you don't, you might want to buy one with this in mind as an extra revenue source.What is the value of a mobile home? That depends on several things. You might think that the biggest factor influencing the market value of a mobile...... Similar Editorial : by Coyote Creek. | Source : Tips On Home Buying
Why Buy Mobile Homes? You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real.One of the advantages is fast equity buiding. You see, the myth about mobile homes depreciating is only half true. In parks they generally go down in...... Similar Editorial : by Kim Lee. | Source : Buying New Home Tips
One Way To Buy A Cheap House One of the simplest ways to buy a cheap house is to make a low offer. Sometimes called a "lowball" offer, this is a basic ploy used in real estate and many other negotiations. Everyone knows the technique, but most are afraid to use it. It can be a waste of time if you don't do it right, and it can be embarrassing, but it also can get you a cheap house.A very successful real estate investor once...... Similar Editorial : by kentuckyslone. | Source : Buying New Home Tips
