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Archive for July, 2011

Bring Your “A” Game! Part 2

July 29th, 2011 No comments

Learning to navigate the internet and use it to grow your business versus just to gain real estate comps can be tricky….Today I want to share with you a few more tips that can catapult your business just by sitting at your computer.  Let’s take a look shall we??

3. Use Google Alerts to help you receive information regarding one real estate investing subject. Real Estate investing blogs can talk about financing, wholesaling, rehabbing, land lording, etc… In order to cut the clutter down, you can set up an alert so you only get notifications regarding whatever keywords you pick. Setting up the alerts is easy, and it can do all the local research for you. It is not complicated to set it up either.

4. FREE property sites are not reliable. InvestorCompsOnline offers you reliable SMART data that you can trust to help you profit on EVERY deal.  We have several affordable plans that can give you the smart data and support that you need to valuate those deals properly.                            

6. If you are setting up a blog/website,  we suggest just setting up a blog and start writing about your niche and what you do.  Focusing on key word content, such as real estate comps or real estate investing, will drive people to your site.  Your site should have up to date content and be posting frequently.

Ok Guys,  I hope these tips will be help you to bring your “A” game when working with your real estate investment deals.  Remember stay focused, work in excellence, and honor God in all you do!

Bring Your “A” Game

July 28th, 2011 No comments

Nowadays it seems as though there is too much information available for anyone in any particular field, at any given moment. Right now you can Google the words “real estate comps“, or “Atlanta real estate investing”, and you will turn up millions of pages that vary in their effectiveness. How can an investor keep up with so much information? From navigating the internet, using websites and blogs, and social media, these tips will help many investors narrow their time online to be effective and efficient while they’re online.

1. Read local blogs when it comes to investing in real estate. When we want information, find blogs from local agents, brokers, and wholesalers because it is a great way to get introduced to other professionals, learn the latest trends, and get a beat on the investing pulse of your city. We have two blogs that we keep up to date with a wealth of articles and information about using SMART data and where to find Expert Help.  Visit my Investor Blog Here and my Valuation Blog Here.

2. Join the conversation online. Facebook is your key to getting in touch with people directly without really meeting. Do not join groups who have very generic names like, “Real estate investing”. Join groups with your city’s name in it. This narrows down the number of people in a group, but increases the quality per person within it. Side-note: If your city does not have a group, create one! This will probably get you plugged in at a faster rate.

In tomorrow’s post I will continue to discuss more details on using the internet and it’s wide reach to your advantage.  Stay tuned so you can learn the tricks of the trade and grow your business.  But if you have any questions in the interim, we offer a great opportunity to get your question answered!  Check out our ValuePro plan and get help with that important deal! Click here to find out more about Value Pro and the other plans we have to offer!

How To Make Your Mark!

July 27th, 2011 No comments

Every day we hear more and more about how homes are in foreclosure and the failing markets, but there is money to by made.  Using real estate comps to take a realistic look at the property you are interested in,  as well as familiarizing yourself with foreclosure and real estate laws can mean an opportunity to make money with properties in foreclosure.

There are three stages in regards to dealing with a foreclosure. There is buying from a pre-foreclosure which is buying from the owner. If the owner can not sell the property it will next go to auction. When a property does not make it out of auction, it becomes bulk REO’s, real estate owned,  foreclosure and can be purchased from the lender. Buying a real estate owned foreclosure has the least amount of risk when you are purchasing a foreclosure. A bulk REO tape will be a listing of several properties that a lender will want to sell.                

Getting The Deal

One of the first ways to be able to get a deal is to develop relationships with banks and credit unions in your area. It will provide to be a good resource to have a relationship with one or two bankers in these types of institutions. It may take a while to develop this type of relationship but it is well worth to have someone you can work with. You will also need to have liquid funds that are easily accessible to prove to the lenders with the foreclosures that you are able to close on the deal at a moments notice. Bulk REO’s are very time critical real estate transactions.

Now is The Best Time To Invest in A Bulk REO’s

There is a record number of foreclosures in America at this time which opens the door for this remarkable opportunity.  The support and real estate comps information that we provide at InvestorCompsOnline can prove to be an invaluable asset for the investor.  We offer SMART data that helps you to make informed business decisions and gears you for profits as you invest!

Is a Rental What You Need?

July 26th, 2011 No comments

Have you ever considered investing in rental real estate? A lot of people do, but are afraid to get started. It can be intimidating. Learning the ins and outs of working with real estate comps and valuation takes time.  Property is expensive, and owning property requires a fair amount of upkeep and repairs. However, you shouldn’t let fear get in the way of you making a wonderful investment.

Real estate is a long-term investment that is sure to pay for itself and more in a few years time. You will be able to gain an extra source of income from your rental properties that will help you and your family gain the financial standing they need in the long run.  Using SMART data from InvestorCompsOnline to decide how much you will offer prior to purchase will help to ensure getting a great price for your rental.

The first thing you should know about real estate investment is the fantastic tax benefits that you can receive from purchasing rental property. Tax benefits are a great incentive because they provide you with an instant cushion for the original cost.  Those benefits you can receive will help you be able to bridge any financial complications you might have.                    

You should also keep in mind that real estate is a very low risk investment. Housing is always in high need, especially in urban areas like cities, some suburbs, and university towns. As long as you have a large amount of people needing rental property, you will always be collecting a return on your investment. It is very rare that a rental property will remain empty for a long period of time.

Rental property is a great investment. If you have any doubts about becoming a landlord, you should seriously consider researching the large benefits that real estate can provide for you. Between tax benefits, a high return on your investment, and a high level of demand, you will definitely be able to earn your original investment back over time. Once you do earn your investment back, you will be gaining a profit from your properties that can help you into retirement.

Are you currently in the rental property field?  Click on the link above and share with us how your rentals are doing in this current economic time.  Looking forward to hearing from you!

3 Effective Real Estate Marketing Tips!

July 25th, 2011 No comments

In today’s market using real estate comps to value a property is pretty much a given.  Many know that SMART data must be used to make an informed business decision.  But what are some of the best ways to market your properties?  What I’ve created below is a list of what I feel are the best ways for an investor to promote themselves and their listings in the modern economy.

Item #1 – An Effective Website

These days, not having a website can lose a lot of potential business. Aside from referrals (see item #3), most home buyers and sellers find their homes online.

Here are some of the things you should build into your real estate website:

  • Listing data of some kind
  • Consumer education resources
  • Plenty of original, keyword-rich content
  • Lead generation systems
  • Regular updates, perhaps through a blog
  • Basic website usability and organization

Item #2 – Internet Visibility / Web Presence

A few years ago, one could publish a 5-page website to generate business. People would eventually find the site, because there weren’t many of them competing for attention. Obviously, that has all changed. In order to be found online today, you need more than a basic real estate website — you need a highly visible multi-part web presence. This might include the main site, search engine optimization (SEO), a blog, online articles and press releases, and other publishing strategies.

When you increase your online activity in this way, you are capitalizing on something that is already occurring. People are already going online by the thousands to conduct research into their local real estate markets. So when you improve your web presence, you are tapping into an online marketplace that already exists.

Item #3 – Great Service Toward Clients

People are more willing to trust those they know. So when a colleague or recent home buyer says something about an investor, it does more to persuade the person than anything you might say.

The key to getting referrals, of course, is to provide great service. By being proactive during the real estate transaction, and by keeping your client engaged, you will have a better chance of getting referrals later on down the road. Of course, it also helps if you offer them a great price, using valuation information gained from your InvestorCompsOnline account, equaling a win-win situation for all!

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