A friend recently told me the story of an elderly couple who sold their 2,700-sq. ft. home through a "friendly real estate agent" on the same day the property was recorded. The home sold for $279,000 firm, which was the asking price. The kicker is that similar homes as neighbourhood sold for upwards of $100,000 more. This reminded me of elderly nei
Let's say your residence is worth $400,000 and your equity is $60,000. Let's pretend you employ a real estate agent who charges the customary 6% commission. Even is house sells as for the value, you'll end up paying the agent 24,000. There goes 40% of the equity. There goes a main chunk of real, income that shouldn't be recouped.However, the "the s
One of the most effective opportunities in today genuine estate is wholesaling. It's a great opportunity because it allows investors build up an income with almost no capital and credit. Wholesaling is whenever a middleman puts a property under contract and assigns / resells it in order to some buyer. The wholesaler then makes real money based exac
Real estate investment is a complicated procedure that needs certain skill-sets; continue reading for more informationKnowing how to become a property investor that is successful and respected requires time and experience, as individuals like Guy Gittins of Foxtons would verify. When it involves investing in property for beginners, one of the most