Comments on: Finding Your Investment Property Part #2

By: Real Estate Taxi

Real Estate Taxi — Thu, 09 Jul 2009 19:31:32 +0000

I find that it is extremely important too feel comfortable with the profit potential before you commit to an area. The potential income it can provide has to be too your liking.

By: saferenttoown

saferenttoown — Sat, 29 Nov 2008 00:27:49 +0000

The thing about real estate is there are millions of ways to make money. This is both a blessing and a curse. It’s a blessing because there’s a lot of options and when you find the one that works best for your temperament, you can make a lot of money. It’s a curse because with so many options, it’s easy to get distracted.

The best advice is to begin developing your own investing “niche”. Once you know what area to focus on, it will be a lot easier to identify good resources.

For example, we’re doing a lot of our investing deals these days via Lease-Options, and a good resource for that is Lease Option Investing

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By: Real Estate Guru

Real Estate Guru — Fri, 28 Sep 2007 05:24:59 +0000

A great book to start out with if you're new to investing is called Unlimited Real Estate Profit: Create Wealth and Build a Financial Fortress Through Today's Real Estate Investing (aff). I've read it through several times and always find more helpful information. There are other books I'd recommend as well...I just need to compile a list since I've read dozens of real estate investing books.

By: Real Estate Guru

Real Estate Guru — Fri, 28 Sep 2007 05:17:06 +0000

Hi Trevor-

Thanks for your comment and I’m glad you got out of the Bend market before it dipped. It’s true, houses are staying on the market much longer than last year or even the year before. You can really undercut prices and lowball your offer. I almost made a couple offers on a Bend property but decided to hold off b/c I think the market will come down even more.

~Dave

By: Bahamas Real Estate

Bahamas Real Estate — Fri, 07 Sep 2007 15:09:52 +0000

bahamas realtor

Island Living Real Estate is a full service company with experienced Nassau real estate agents. We service all the Islands of the Bahamas including Nassau, Abaco, Exuma, Long Island, Rum Cay, Eleuthera, Cat Island and Bimini.

http://islandlivingrealestate.com

By: sheena24

sheena24 — Mon, 03 Sep 2007 08:48:45 +0000

hi,
Nice blog and informative too.vacation Rental properties are very interesting topic.

By: Jack Bosch

Jack Bosch — Fri, 31 Aug 2007 01:11:04 +0000

Having someone close-by is definitely a plus if you are planning to rent our that vacation home. I don’t have one but know a lot of people who do and they have either contracted a cleaning service locally to make sure their place is taken care off after tenants/visitors leave (and before they get there), or they do it themselves. If they do it themselves it means many hours of driving back and forth from their main residence to the vacation home which kind of takes the fun out of having that place in the first time. But hiring someone costs $$$ and reduces the cash flor further.

In any case having a vacation home and renting it can work but it is not without work.

Have you ever thought about having other investments pay for that vacation home? Meaning focussing on profitable deals and selling property on terms (buying cheap and selling high), and using the profits to finance that vacation home? that way one could buy the place and have it paid for fast without having to rent it out and have someone else sleep in YOUR vacation bed

Just a thought.
Jack Bosch – landforpennies.com

By: C Hamberger

C Hamberger — Fri, 24 Aug 2007 15:10:08 +0000

I would need some contact or family member in the area of the vacation home to be confident that it is taken care of. A partnership with someone in the area where I just hand him money and he hands me more back after a certain amount of time would be a great deal! Especially if I could use the house whenever i wanted.

C Hamberger
Elizabethtown KY Real Estate

By: Malok

Malok — Mon, 20 Aug 2007 00:50:06 +0000

The market in my area in Kentucky seems to be transitioning from a strong buyer’s to a soft buyer’s market. There are still some decent deals – but they are starting to dry up.