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Real Estate Investing: America Rents
Most people in America rent a personal dwelling! Just think how many families rent a house or an apartment, a duplex or a condo. Yet, nobody prefers renting. Who wouldn't want their own home, if they had the choice. Even if, say, someone moves into town on a temporary basis, wouldn't they prefer buying a house, gaining appreciation even for the short term, and selling for a profit in 6 months or a year? Maybe there are exceptions, but I can't imagine anyone really preferring to rent when they could own. After all, most rental houses are not even preferable. The condition of a rental house usually declines after being occupied by family after family. Rental houses usually are neglected and abused. They become less desirable. A rental house is NOT THE BEST HOUSE IN TOWN simply because it IS a rental house! And sometimes a rental house becomes a real dump. Families move in, families move out, and the landlord CANNOT and IS NOT ABLE to maintain a rental house in TOP CONDITION! The main reason a rental house is impossible to keep pristine is because renters don't treat a rental house like their own. Yes, there are exceptions, but most rental houses are not up to snuff. I know, because I use to own $10 million worth of rental houses. I had some very nice properties, but there was always something that needed repair. Things go wrong that need fixing, and perfect maintenance is impossible. Rental houses are less desirable because they can never be brought up to first class and maintained that way. If I had been the owner AND occupant of that rental house, I would have tried to fix it up and keep it in top condition. When you fix up houses to sell, "Renting America" becomes your marketplace. (1) You can never exhaust the demand. Everyone prefers their own house. It's still the "American Dream." (2) It's easy to create an immaculate house for re-sale that outshines most rental houses. (3) Selling renovated houses to the tenant in the marketplace rather than to the house-hunting market is much easier. Renters are readily convinced that paying monthly rent is a financial downer. Sorting out the credit-worthy renter with an offer to own becomes a win-win proposition. An untapped niche market in real estate investing is fixing up houses that can be purchased by America's renters. Phil Speer, Ph.D., started his real estate investing career 25 years ago. Without the availability of credit and using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. http://www.CashinHouses.com/ He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at http://www.Real--Estate--Book.com/nomoneydown/flipping.html/ Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" at http://www.AAREIT.com/
MORE RESOURCES: How real estate commission changes could affect buyers and sellers The Washington Post Judge Approves $418 Million Settlement That Will Change Real Estate Commissions - The New York Times Collins: The changes in the real estate industry you need to know - San José Spotlight San José Spotlight Real estate experts share a message for home buyers as they predict rising home prices through 2025 Fox Business The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It The Wall Street Journal $5 billion real estate firm St. John Properties opens office in Plano The Dallas Morning News Agencies' headquarters in DC remained 'nearly empty' in 2023, real-estate board finds Federal News Network Philly Real Estate: Baker Townhouse vs. Trumbauer Estate Philadelphia magazine Danielle Lombardo Appointed as Chair of Real Estate, Hospitality, and Leisure Division at WTW - Risk & Insurance Workers Comp Forum Blackstone's Beleaguered Real-Estate Fund Stems Exodus The Wall Street Journal Just $5.4B in U.S. Office Real Estate Sales in Q1: Report Commercial Observer Top 23 real estate apps for agents in 2024 HousingWire Fresno real estate spat's solution was in the works. Then one party's demise The Business Journal The East End Real Estate Market Report: 1Q 2024 Corcoran Inhabit Margot Spera Joins Alliant Specialty as Senior Vice President in Real Estate & Hospitality Division - Risk & Insurance Workers Comp Forum Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit. The Wall Street Journal A Recent Settlement Could Change the Way Real Estate Agents Are Paid Milwaukee Magazine Inked: Recent LI real estate deals Long Island Business News Homes for Sale in Manhattan and Queens The New York Times Real Estate Forecast Next 5 Years: Steady Growth or Price Correction? Norada Real Estate Investments Ask The Expert: Vienna shares updates on real estate relationships, fees Niagara Frontier Publications The Top 3 Real Estate Stocks to Buy in April 2024 InvestorPlace Real Estate Transactions: April 26, 2024 The Recorder Law Firm Real Estate Report Law360 Yo La Tengo, Real Estate and more to perform at Woodsist Festival in Accord in September The Daily Freeman New national real estate scholarship goes to local youth ECB Publishing Real Estate Roundup: 'The Cove' in Hume sells for nearly $19M and more Fauquier County transactions Fauquier Now Real Estate Report: Mortgage rates see new high above 7% Hawaii News Now JWB Real Estate Companies Announced 2024 Home Giveaway FirstCoastNews.com WTLV-WJXX 9 Ways Rich Real Estate Owners Save Big on Estate Taxes Business Insider New Mexico SIC commits $550m to real estate funds IPE Real Assets REAL ESTATE | The Lofts at Cedar Lake include access to a 245-acre wooded campus washingtoncountyinsider.com Developer Chip Akridge wins Real Estate Icon award - Washington Business Journal The Business Journals real estate market and insurance Sacramento Appraisal Blog Prominent Properties Sotheby's International Chatham Borough and Chatham Township Real Estate Report TAPinto.net Shelter Island Reporter real estate transfers, April 25, 2024 - Shelter Island Reporter Shelter Island Reporter @properties Christie's International Real Estate Taps Industry Leader to Expand in Fort Worth - CandysDirt.com CandysDirt.com Austin real estate: Fund launched to help affordable housing projects The Business Journals Riverton State Office Task Force to receive updates on site selection, real estate purchase during Friday meeting County 10 News REAL ESTATE | Open House event April 25, 2024, at Love Hope Faith Home in West Bend, Wi | By Charmaine Brea washingtoncountyinsider.com Rockford Is Now America's Top Housing Market After an Improbable Turnaround The Wall Street Journal Century 21 Four Seasons Realty expands commercial real estate services Bonner County Daily Bee Top residential real estate sales for April 8-12 in Sarasota, Siesta Key, Palmer Ranch, Osprey, Nokomis Your Observer Florida & Texas Housing Market Slowdown: Prices Stall as Inventory Piles Up Norada Real Estate Investments Manhattan Real Estate Update: "Embrace the Boredom" westsiderag.com Jacksonville Police & Fire sets private credit, non-core real estate pacing plans Pensions & Investments Placing a $190 million bet – Potawatomi Casino Hotel's Project First Strike - Milwaukee Business Journal The Business Journals Anywhere Real Estate Inc. (HOUS) Reports Q1 2024 Financial Results Amidst Market Challenges Yahoo Finance Homes for Sale in New York and Connecticut The New York Times reAlpha Tech Corp. Launches Claire, Real Estate's First AI-powered, Zero-Commission Smart Buyer's Agent Business Wire Middlesex County Real Estate Market Shows Robust Growth Amid Favorable Economic Conditions TAPinto.net |
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