|Real Estate Information|
Rehab Your Way to Wealth: The Quick Way to Fixer-Upper Success
Completely rebuilding a house is not necessary to make money in investment real estate. Most times, if you have bought smart, you won't have to make a huge improvements on your investment property. Look for places that need only a small amount of work. For example, look for a property that appears to be run down from the outside, but does not need major repair. Here are a few tips for saving money and making quick improvements, in order to quickly sell your rehab property.
1. A house may need a coat of paint but have a nice roof. The paint might cost a few hundred dollars, while a new roof might cost $2,000 to 3,000. Plus, a fresh coat of paint makes almost any house look brand new.
2. Check the foundation very carefully. Foundation work is extremely expensive. I would stay away from any house with a questionable foundation.
3. Like exterior paint, landscaping goes very far in terms of curb appeal, one of the biggest factors in the sale of any kind of real estate. A house with uncut grass, weeds overrunning flowerbeds, and poorly trimmed bushes or trees is very difficult to sell. Conversely, a house with minor deficiencies in other areas may still have a buyer, who wants something that looks good from the outside.
4. Look for investment properties that have nice kitchens or kitchens that can become nice with little effort and money. If you can refinish some cabinets and lay some cheap flooring, this will help you sell, because women are instrumental in the final decision of most real estate purchases, and they love nice kitchens. It's not sexist; it's a proven real estate fact.
5. A finished basement or one that can be finished easily will also help you sell your new investment property. Basement carpet can be purchased and installed for very little money. Again, some paint on the walls can go a long way to making the basement homier. Add a drop ceiling - easy to install and very inexpensive, and you can have yourself a rec room for a few hundred dollars.
Although these are not the only things that will improve your property, they are a few of the cheapest and easiest. Plus, these are improvements that will increase your investment property's value exponentially and make it easy to sell.
Mark Barnes is an investment real estate and real estate finance expert. Get his free mortgage finance course at http://www.winningthemortgagegame.com. Mark is also the author of the new novel, The League, a shocking, sports-related conspiracy. Learn more about his suspense thriller at http://www.sportsnovels.com.
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Real Estate Investing Produces Extraordinary Profits
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Stay Motivated With REI Till The Deal Comes
I know many investors step into the game of real estate investing with high hopes of landing the deal that will turn their financial situation around and yes some do and this is not for you - this is for the investors still looking for that first deal!The best way starting out in this business, staying motivated and sticking to real estate investing has to do with one big factor!Keep your JOB - Yes you may be "Just Over Broke" but real estate investing comes with no guarantees of doing a deal in 30, 90, or 120 days as a matter of fact deals come and they go. real estate investing has its good times and it's bad times!You need a source of income and without it the likely hood of failure will soon follow!Having a stable income is the number one goal to having financial well being and your mental and emotional well being also.
How Come No One Told Us About This When We Were Buying a Home?
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The Irish Property Market - Expensive But Worth It?
Lying on the edge of Europe facing out to the Atlantic Ocean sits Ireland, one of Europe's smallest countries and often described as 'The Emerald Isle". A beautiful country characterised by vibrant, colourful cities and towns set amidst endless unspoilt green fields, Ireland is now officially the best place in the world to live.
The Person With The Most Money Wins!
More money can mean better:- Health Care - Relaxing Vacations and Adventures - Education for your children or yourself - Better home than you have nowBest of all it can reduce stress from not having to worry about money!Many of us have problems in life that additional cash will help solve the situation. Did you know that 80% of problems in life could be simply resolved with additional cash.
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