Articles by Jessie Frost on ArticleSnatch.com

BIG Profits, Less Work

Wed, 25 Nov 2009 21:47:46 -0500

BIG Profits, Less Work One of the most profitable and most overlooked areas of real estate investment is probate properties. Probate just means that the owner of the property is deceased and the property is in the hands of the executor of the estate. The goal of most executors is to liquidate the estate as quickly as possible so that the cash can be split among the inheritors. Most inheritors are more than happy to take a reasonable price for the house because they can't split the house three ways as easily as they can split the cash from the sale. One of the greatest things about probate properties is that you can often make extremely big profits without using a dime of your own money. I'll repeat that: You make no investment, but you make big profits. If you do have to spend your own money, it will be a minor amount (less than $100) to pay for filing fees, copies, and information access at your local probate office, typically located in your county clerk's office. As with any property, you're looking for specific properties in probate that meet your needs. **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]>]]> About the Author: ]]> We offer a free 7 day training on buying homes for pennies on the dollar and selling at huge profits. Be sure to visit us at http://www.forcloseinvesting.com for more details, and sign up for your free training today.

There are many benefits to a lease option:

Fri, 20 Nov 2009 20:04:55 -0500

There are many benefits to a lease option: 1- You can charge more per month than you would for a rental, because part of the monthly fee is the non-refundable option. 2- If the tenant decides not to buy the home, the option money is yours.3- You attract different clients-clients who are looking to own a home, who consider the home theirs while leasing it from you because they are paying into the equity of their future purchase. Even if they decide not to buy at the end of the lease term, they've probably cared for the property better than typical renters. 4- You can help people own homes who might not otherwise be able to purchase, because they'll be building up a down payment a small amount at a time. Because you still own the property, you get the tax write-off during the lease period, and if the tenant defaults, you are still on the deed and can re-sell the property after a simple eviction process (not a foreclosure). The buyer benefits, as well. **End Summary** Topics: foreclose]]> lease option]]> make money]]> career]]>]]> About the Author: ]]> We offer free 7 day training on buying homes for pennies on the dollar and selling at huge profits. Please visit us at www.forcloseinvesting.com for more details.

A Couple Of Tips For Flipping Homes

Sun, 15 Nov 2009 09:00:23 -0500

A Couple Of Tips For Flipping Homes The basic house flip happens when you buy a rehab house that has been repossessed, abandoned, or has a seller desperate to dump it. It works because you are able to buy it at a low price, put several thousands of dollars into it to fix it up, and resell it for a price closer to the market price for that neighborhood. If you are going to flip a house, the two main rooms you need to worry about are the bathroom and the kitchen, but those are also two areas that can be a complete nightmare if you do not know what you are doing. If you insist on doing the repairs yourself, focus on the following: • Replace or repair the tub, sink, and toilet. You can lose thousands dollars having a contractor come in and pull out a tub and replace it. Instead, try to find a refurbishing company. The tub will look new at a fraction of the cost and you can pocket the additional profit. • With superstores like Home Depot and Lowes, do not hesitate to put in new faucets, sinks, and toilets. **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]>]]> About the Author: ]]> We offer a free 7 day training on buying homes for pennies on the dollar and selling at huge profits. Be sure to visit us at http://www.forcloseinvesting.com for more details, and sign up for your free training today.

How to buy a used car without going crazy

Thu, 12 Nov 2009 22:00:37 -0500

Buying a car new or used can drive some people insane. Once a new car is driven off the lot even if you are one foot off the property, the value just went down about 3-4 grand. That is a good thing in your favor if your buying a used car. To get an idea of what you should buy, determine your needs and the size you will need for them. Keep in mind the area you live in to determine if you will need the 4-wheel drive. A good place to check that your not over paying are sites like Kelly Bluebook or Edmunds web site. All you will need to do is type in the kind of car, options things like that and they will tell you what it is worth and the average selling price of similar cars in the area. Carfax is another site that offers information about used cars. There are basically three options to buy, first the dealer. You will usually have a guarantee, thorough cleaning and a car that was looked through buy a mechanic. Getting the best price is 50/50, but the most piece of mind. **End Summary** Topics: going crazy]]> used cars]]> used carnbsp]]> similar cars]]> used car]]>]]> About the Author: ]]> Jessie Frost http://www.forcloseinvesting.com link for auction is http://www.gov-auctions.org/?hop=jefrost

What are foreclosed homes good for?

Thu, 05 Nov 2009 18:38:55 -0500

What are foreclosed homes good for? Two things I will tell you about right now. The first reason being the most common heard of, to make money. The second that not a lot of people even think of , to have equity built immediately. Lets look of the first. Your buying at a lower than actual value price so the amount of what you will owe will be (if you do it the right way) a lot less than what it would have been if you did not buy a foreclosure. Therefore if you decided to turn around and sell YOU charge the market value, pay off the mortgage and keep the profit. The next share the same advantages, but look at the long run and overall picture. By keeping the property your just that much closer to owning the property without a huge mortgage. Be sure to know the location of the property. By this I mean know what kind of neighborhood your buying in. The house may be the most beautiful property you have ever seen, but make sure to look at the other properties in the neighborhood. **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]>]]> About the Author: ]]> We offer free 7 day training on buying homes for pennies on the dollar and selling at huge profits. Please visit us at www.forcloseinvesting.com for more details.

Buying homes for pennies on the dollar

Thu, 08 Oct 2009 19:14:56 -0400

Finding foreclosure records County court houses have been around for as long as time records. Today the county court house are the means of finding important information. The need for finding out the basics of what goes on in the courthouse is a must for any serious real estate investor how records are kept, protected, and how to find the right ownership is not only important but essential. An experienced investor will have concerns such as, who owns the property, who financed it, are there any liens or judgments against it, or what is it? There are two offices of the county that have the information that we need, the county assessor office and the county recorder office sometimes called the registry of deeds office. These two offices are normally open 8 am to 5 pm in most parts of the country. Most investors find this difficult to get the time off to get this information. A simple call to the assessors office will tell you if this information is available to access from a home computer. Some county's will have this type of access and some county's may charge for this, but it is a tax deduction. **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]>]]> About the Author: ]]> Jessie Frost http://www.forcloseinvesting.com

Real estate investing with a trust

Mon, 05 Oct 2009 14:01:46 -0400

Real estate is a big business and everyone seems to want to invest in real estate. You keep hearing a lot of stories about how people made a quick buck by investing in real estate. There are stories about people who made $50000 in a fortnight by making the right kind of investment in real estate. Every now and then, newspapers keep coming up with statistics about the appreciation in the real estate prices. There seems a mad rush for investing in real estate (and this gets even bigger when the mortgage interest rates are falling). However, not everyone has the time, money and expertise to be able to profitably invest in real estate. So what does one do? Is there any other option? Yes, there is another way of investing in real estate and that is through Real Estate Investment Trust. Real Estate Investment Trust is an organisation that invests in real estate as a full fledged business. By investing in a Real Estate Investment Trust, you can become part of the real estate investment party and enjoy profits (of course, the assumption here is that the Real Estate Investment Trust is good and professionally managed). **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]> make money]]>]]> About the Author: ]]> Jessie Frost http://www.forcloseinvesting.com To learn how to buy homes for pennies on the dollar and sell at huge profits visit us for a 7 day free training program.

5 tricks to make it big with real estate investing

Mon, 05 Oct 2009 13:39:19 -0400

Real estate investing 5 tricks to make it big with real estate investing Real estate investing is one of the most attractive ways of making good money that is if you do it correct). Moreover, real estate investing is also a lot of fun. A lot of people practice real estate investing as their core profession and, in fact, make a lot of money that way. Real estate investing is really an art and, like any art, it takes time to master the art of real estate investing. The key, of course, is to buy at a lower price and sell at higher price and make a profit even after paying all the costs involved in the two (buy/sell) transactions. Generally, people are of the opinion that real estate investing makes sense only when the rates are on the rise. However, real estate investing for profits is possible just about any time (and as I just said, real estate investing is an art). **End Summary** Topics: selling]]> real estate]]> foreclose]]> investing]]> career]]> make money]]>]]> About the Author: ]]> Jessie Frost http://www.forcloseinvesting.com To learn how to buy homes for pennies on the dollar and sell at huge profits visit us for a 7 day free training program.