Archive for January 4th, 2010

REIWIRED: The Buzz About Wholesaling Houses

The real estate investing world is abuzz over what people are calling wholesaling houses. Although this business has been attracting considerable attention over the past few years, it is becoming more popular nowadays. Much of this has to do with the economy trying to recover from the recession.

Because the real estate market is still rising from a slump, property prices have yet to pick up. This is giving investors a rare opportunity to snap up properties for bargain prices. Those who are into wholesaling houses are making huge money from this phenomenon.

Where do they get all the capital they need to purchase the properties they sell? Actually, they started even without a massive capital. They didn’t need to have enough money to buy a house because they don’t buy houses. What wholesalers do is place a property under contract. What they “sell” is the contract to buy that property. By assigning that contract to a buyer, they will get an assignment fee. $10,000 is a normal assignment fee. Imagine earning $10,000 in a matter of few days just by find properties and buyers.

You earn money without putting down any capital. Because of that, this business is known as the doorway to the world of real estate investing. When you secure enough capital, you can start rehabbing properties. In the future, you can even have enough money to venture into real estate development. But if you don’t have the funds, wholesaling houses is the way to go.

Just remember, this business is fast-paced. From finding properties to finding buyers, you must operate fast. That is why it is also called flipping houses. When you place a property under contract, that agreement will only be valid for a few days or weeks. If you don’t “buy” the property within that period and want to extend the contract, you must pay holding costs. If you choose to let go of it, you’ll lose an opportunity to make huge money.

What you can do to avoid these scenarios is advertising your business. Tell people you meet that you are buying properties. They might refer home owners to you. That way, you will find more properties to wholesale. You can also try building a buyer’s list. This is a list of buyers who are ready to purchase properties. Wholesaling houses is easier with this list. Upon finding a property for sale, all you need to do is place it under contract and then contact the names in your buyer’s list.

Want to learn more about wholesaling houses? Go to REiwired.com today and you’ll know what keeps the real estate investing world a buzz.

REI Wired is the pinnacle of real estate education by serving high-quality content through high-quality videos. Sign up only takes a minute and you can start right away! Learn More

Article Source:http://www.articlesbase.com/investing-articles/reiwired-the-buzz-about-wholesaling-houses-1662419.html

REHAB-REAL-ESTATE: Real Estate Investing: What Makes It A Good Choice?

Real estate investing is not only a profitable business. More than just that, it also offers you many benefits, which will give you the career satisfaction that you will not find in other jobs. In this article, REIWired shares with us some reasons why many investors have chosen to build their career in real estate.

  • You are your own boss. Nobody asks you to slow down or to speed up. In real estate investing, you are your own boss. You can work at your own pace and at your own convenience. If you think you are most productive at night, you may do so. As long as you get all your tasks done, you have nothing to worry about.
  • You can sleep as long as you want. The downside about going to a regular day job is that you go to work every day. Before going to sleep, you set your alarm and when it starts to beep the next morning, you are left with no other choice but to drag yourself out of bed and prepare for work. According to REIWired, one of the best things about real estate is that sleep no longer becomes a luxury. You can sleep any time you want to.
  • You have no routines. Today, you can work right after you wake up inside the comforts of your room. The next day, you can work at a coffee shop. REIWired says that going fulltime in real estate saves you from the boredom of dealing with routines.
  • You have more time for your family and for yourself. Studies have shown that the number of women who shifted career path from corporate jobs to real estate investing has significantly increased. The most common reason for this is because most moms want to spend more time with their families. This is almost impossible to do when you have a regular day job.
  • Real estate investing allows you to meet people from all walks of life. More than just learning the basics of construction and remodelling, real estate also entails extensive. You need to expand your network in order for you to build your market. This means that you get the chance of meeting people from different lifestyles.

The industry offers a wide range of niches for you to choose from – rehabbing homes, flipping houses, short sales, etc. If you plan of venturing into real estate, be specific. According to REIWired, take time to assess yourself and find out which among these options will fit you best. For more tips on real estate investing, go to www.rehab-real-estate.com.

Rehab Real Estate is your perfect guide to the exciting and lucrative world of real estate investing. Whether you’re into rehabbing houses, property investment buying, or fix and flip, we’ll teach you everything you need to know so that you’ll earn MAXIMUM PROFIT in each and every deal.

Article Source:http://www.articlesbase.com/investing-articles/rehabrealestate-real-estate-investing-what-makes-it-a-good-choice-1662509.html

REHAB-REAL-ESTATE: “8 Benefits You Get When Rehabbing A Home”REHAB-REAL-ESTATE: “8 Benefits You Get When Rehabbing A Home”

Rehabbing a home is considered as one of the hottest trends in real estate today. Many individuals have reaped their rewards – both financial and career fulfilment – from the rehabbing business. Many individuals have given up their regular jobs so that they can go full time in the rehabbing industry. If you are one of those who still cannot decide whether the industry is worth a try, we have listed down 8 benefits you get from rehabbing houses.

  • The business is very lucrative if you hit the right buttons – If you are a beginner, it may take a while before you finally get your first deal closed. The waiting time is worth it because more often than not, a single deal you make is enough to finance a car purchase.
  • You are your own boss – Finally, you do not have bosses to deal with. You are your own boss. You can manage your time and your tasks at your own pace and at your own convenience.
  • You manage your time – If you are an insomniac and you feel most comfortable working at night, you may do so.
  • You meet a lot of people – Real estate investing involves a lot of marketing, sales talk, and creative advertising. This means that you will be meeting people from all walks of life. Take this as the perfect opportunity to expand your network.
  • There are no routines – One of the downsides of having a regular job is that you are left with no choice but to conform to routines. When rehabbing a home, you are free to schedule your tasks any time you want to.
  • No dress codes to follow – You can be as fashionable or as laidback as you want to be.
  • You can sleep all you want – Sleep is a luxury when you have a regular job. In the real estate business, you no longer need to set your alarm clocks. You can sleep as long as you can.
  • You can go on vacation anytime you want to – You do not have to file vacation leaves. All you need is your Internet connection and your mobile phone and then you can continue making money regardless of your location.

Real estate investing can be very profitable. Be sure that you take time to learn at least the basics before finally making your first investment. For more tips on rehabbing a home and on real estate in general, go to www.rehab-real-estate.com.

Rehab Real Estate is your perfect guide to the exciting and lucrative world of real estate investing. Whether you’re into rehabbing houses, property investment buying, or fix and flip, we’ll teach you everything you need to know so that you’ll earn MAXIMUM PROFIT in each and every deal.

Article Source:http://www.articlesbase.com/investing-articles/rehabrealestate-8-benefits-you-get-when-rehabbing-a-homerehabrealestate-8-benefits-you-get-when-rehabbing-a-home-1662539.html

REIWIRED: The Essentials of Hiring Contractors when Rehabbing Homes

If you want to speed up the process of rehabbing homes and move on to your next project, then you should consider hiring contractors. Although seeking outside help can add up to your expenses, you can save a lot of time and energy that you can use to find good deals.

Although it is not mandatory to hire contractors when rehabbing properties, many seasoned real estate investors are encouraging rehabbers – especially the beginners – to seek professional help. Listed below are some of the reasons why it is advisable to let the others do the rehab work instead of renovating a fixer upper home on your own:

  1. Transforming an old and dilapidated property is a physically challenging task. If this is not your cup of tea, then you better build a reliable team that will do the job for you.
  2. If you insist on doing the repairs on your own, you might be unable to spend more time with your family, especially if you are rehabbing houses part-time. In addition, there is a big possibility that you won’t be able to finish the renovations on schedule in case a sticky situation comes up.
  3. By hiring competent contractors, you can be sure that the repairs are of high quality and they follow the local building code. In addition, it can prevent potential problems with the buyer from arising.
  4. If you don’t have enough experience fixing the electrical, plumbing, and HVAC systems or if you are not confident with your handyman skills, you may end up spending more money instead of minimizing your expenses.

Before you hire contractors for your fix and flip project, however, you have to make sure that the workers you will choose are competent and skilled enough. Failure to do so may cause you mind-numbing headaches and will make you wish that you have done the repairs on your own.

Always ask for references so you’ll know if a contractor and his team are capable of doing their job right. You should also avoid hiring laborers who knock on your door, offering the lowest quotes. According to seasoned rehabbers, these people might be unable to deliver the quality of work you are expecting because of their low asking price. In addition, they could be scammers who would run off with your money.

Thus, if you want to make sure that your rehabbing project would turn out right, hire competent and trustworthy contractors. If you want to learn more nifty hints and tips of fixing and flipping properties, log on to www.REIWired.com.

REI Wired is the pinnacle of real estate education by serving high-quality content through high-quality videos. Sign up only takes a minute and you can start right away! Learn More

Article Source:http://www.articlesbase.com/investing-articles/reiwired-the-essentials-of-hiring-contractors-when-rehabbing-homes-1662460.html

Specifics of Trin Analysis

TRIN (Arms Index) has been developed to detect overbought/oversold levels and could be considered as one of the most complex technical studies from the group of Breadth (advance/Decline) indicators in its interpretation.

The TRIN indicator is based on the advance decline issues and advance decline volume data. The same as with other Breadth indicators, TRIN could be applied to the basket of stocks (indexes, exchanges, etc) and cannot be applied to a single stock. It is calculated as a ratio between advance/decline issues ratio and advance/decline volume ratio:

TRIN = [Advance Decline Issues Ratio] / [Advance Decline Volume Ratio]

where

Advance Decline Issues Ratio = [Advanced Stocks] / [Declined Stocks]
and
Advance Decline Volume Ratio = [Advanced Volume] / [Declined Volume]

Furthermore TRIN formula could be expressed in the following format:

TRIN = ([Advanced Stocks] * [Declined Volume]) / ([Declined Stocks] * [Advance Volume])

The TRIN values are always positive (above zero) and as a rule they are oscillating around 1. In technical analysis TRIN readings above 1 are considered Bearish and readings below 1 are considered Bullish. However, from the formula above you may see that Bearish TRIN readings could run to infinity, yet, Bullish TRIN values can ran to zero only. This is the first challenge of this technical indicator. In order to correctly see the indicator’s values a technical analysts (trader) would need a chart with logarithmic scaling where he/she would be able to see values between zero and one as clearly as the values between 1 and 2000 for instance (2000 is approximate number of stocks listed on the New York Stock Exchange).

The second challenge is in the evaluating of the oversold levels. If for all indexes TRIN Bullish indications are in the range between zero and one and overbought levels for different indexes could be defined at similar levels, then TRIN Bearish oversold indication for the NYSE (the New York Stock Exchange) which has about 2000 stocks listed would differ from the oversold levels of the DJI (Dow Jones Industrials) index which has only 30 stocks in the basket.

The last challenge is hidden in the interpretation of the TRIN reading itself. Since the TRIN calculations are based on the ratio of ratios there could be several conditions when it could be below or above 1. It is much simpler when you have an indicator that has only one ratio in calculations. For instance, Advance/Decline ratio is below 1 when the number of the declined stocks overcomes the number of the advance stocks and it is above 1 when the number of advanced stocks is bigger than the number of declined stocks. In TRIN situation (ratio of ratios) it could be below 1 when

- The number of declining stocks is bigger than the number of advancing stocks and the declined volume is lower than advanced volume – AD issues ratio is less than 1 and AD volume ratio bigger than 1;
- The number of declining stocks is bigger than the number of advancing stocks and the declined volume is bigger than advanced volume, yet, the declined volume overcomes advanced volume not as strongly as declining stocks overcome advancing stocks: AD issues ratio is less than 1 and AD volume ratio less than 1 and AD issues ratio is less than AD volume ratio;
- The number of advancing stocks is bigger than the number of declining stocks and advanced volume is bigger than declined volume, yet, the advanced volume overcomes declined volume much stronger than advancing stocks overcome declining stocks: AD issues ratio is bigger than 1 and AD volume ratio is bigger than 1 and AD issues ratio is less than AD volume ratio.

Similar situation could be considered for TRIN values above 1. As you may see, analyzing 6 possible condition of TRIN could be more complex than the technical analysis of simple indicator that is based on two conditions only.

Trin charts and quotes for major indexes and exchanges (including S&P 500, Nasdaq 100, DJI, etc) could be found on the MarketVolume website that is the leader in the index and ETFs (QQQQ, SPY, DIA) technical analysis.

Article Source:http://www.articlesbase.com/investing-articles/specifics-of-trin-analysis-1660946.html

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