Rehabbing a home is considered as one of the hottest trends in real estate today. Many individuals have reaped their rewards both financial and career fulfilment from the rehabbing business. Many individuals have given up their regular jobs so that they can go full time in the rehabbing industry. If you are one of those who still cannot decide whether the industry is worth a try, we have listed down 8 benefits you get from rehabbing houses.The...more
Rehabbing a home does not only offer you profitable income. More than just that, the whole activity can be very therapeutic making it an ideal hobby as well as an investing tool to divorcees. In this article, we will share with you five common reasons why aside from giving you a lucrative income, rehabbing houses can also be a good activity for those who have lost a loved one.Rehabbing a home is a therapy. It is therapeutic in the sense that you...more
Now is a great time to buy Los Angeles real estate. The Los Angeles monthly inventory went from a 10.2 months supply back in November of 2008 to a current 4.4 month supply today. What does this mean to the typical Los Angeles home buyer? Get ready to make that offer. If the bottom hasn't completely been reached, it's just about there. Here are some indicators leading to this statement. From November of last year until now, inventory of Los Angeles homes on the market has declined a whopping 57%. These statistics are based according to Los Angeles MLS data. When inventory is low, buyers start scrambling to make an offer on a house as other buyers are competing against them. Seller's begin to increase their prices due to heavier competition for their home. If inventory continues to decline over the next year as it has been, home buyers will compete even more for the home they desire. It's all about Supply and Demand.This does not mean that Los Angeles homes are going to be selling like hotcakes. What it does mean is that it's likely that home prices increase slightly during the next year. The real estate market has definitely been picking up recently, with the median home sold price...more
Determining whether to rent a flat or a house can be quite an investigative discussion. Many of your friends and family will try to steer you in a particular path that they believe to be the best fir for your living situation, but its always important to sort through the facts to find the benefits that youre looking for. As you break down the...more
Residential foreclosures are residential houses often single family homes which has been repossessed because a previous homeowner has defaulted on a home loan or other obligation. These foreclosures are offered for sale by lenders and the government for less than their actual market value. This is because lenders want to recoup their money and...more
If you are buying foreclosure homes for sale, you will want to save time where possible. After all, you want ensure that you have plenty of time for all aspects of the foreclosure buying process and you want the process to go smoothly and quickly. Saving time is also important when you are buying foreclosure homes for sale because foreclosures tend to sell quickly. Saving time and avoiding delays can ensure that you can take advantage of the best opportunities possible.One way you can save time when shopping for foreclosures is to choose a good foreclosure listing. The right foreclosure listing service gives you accurate listings, access to lots of foreclosure listings, and plenty of information. This ensures that you can find great foreclosure deals and all the information you need in just a few minutes of computer time.In addition, you can save time by having checklists and other comparison tools ready. Create a checklist of all the home features (including price) which are important to you and print several copies. Each time you consider a home, take a few minutes to fill out the form. This will allow you to compare foreclosures quickly and easily.Another way you can save time...more
In any business venture, nothing beats being prepared. When it comes to rehabbing houses, there are things you must consider before you jump into the bandwagon. So before you flip and fix homes, take a moment and read these reminders first.Never...more
Many individuals make good money turning ugly properties into beautiful homes. However, there are also a lot of investors who lose millions and billions because of buying houses which do not make a profit. This article is for everybody out there who...more
Rehabbing houses, they say, should be a discreet job. Not that you have anything ghastly to hide. It will only be better if you dont attract attention while you are doing all the repairs and improvements.When it comes to this business, it is...more
East Bay ,California Homes For Sale Market Report November 2009We analysed 34 major cities in the East Bay Market .Sales of November 2009 were compared to November 2008Median Price Change in Home PricesThe major cities that had double digit drop in...more
Flipping houses is a term widely used in the real estate business to describe the act of buying properties and then quickly selling them for profit. It is usually used interchangeably with wholesaling, which is another method of investing in real...more
Flipping houses is the best form of investing in real estate. While some would disagree to the statement, many investors believe that flipping houses is arguably the most rewarding form of real estate investing. Wholesaling properties is so popular...more