All I Want For Christmas Is My Free Con-doh, My Free Con-doh.
By: Jeff Shiller, Esq.
Or, the alternate title: How To Own a $240,000.00 Prime South Beach Condo For $4 Per Year.
Ever since the 1980’s, I’ve been trying to figure out ways to buy a cheap retirement home in Florida so I could wear white clothes year-round and solve crimes in my Ferrari (hold on a sec. I’m looking for a cheesy picture. Okay. Got it. I’m back).
After much deliberation, I think I’ve finally figured it out, and I’m sharing my top 2011 investment strategy with you.
The collapse of the Miami/Palm Beach County real estate market is legendary. And now, to add insult to injury, a large south Florida law firm caught up in the robo-signing mess had many of their FANNIE and FREDDIE foreclosure files pulled and re-assigned to new law firms. The resulting confusion between lenders, trustees and the local courthouses led to many Palm Beach County homes being sold to investors at foreclosure auction this month for as little as $200. Yes, that’s correct, 200 bucks.
Here’s the article:
http://www.sun-sentinel.com/business/fl-stern-foreclosure-sales-20101209,0,784272.story
According to the article, “56 percent of winning offers were from investors or individual buyers who in some cases spent no more than a month’s mortgage payment to get homes that sold for upwards of $240,000 during the real estate boom.”
It doesn’t take a rocket scientist to figure out that those investment numbers work. So if you’re like me and have thought about buying that dream 2nd home that could also generate rental income, get off your rocking chair and start thinking about purchasing some south Florida real estate!
Here’s the catch – you’ve got to get your location right and time your exit for maximum profit, so I’ll give you my formula for that.
According to Al Gore and the other global warming crackpots, sea levels will rise by as much as 0.7 meters by 2060.
So here’s the solution. Go down to FLA when the next bulk auction is scheduled. Buy your dream condo for $200. Make sure you buy above the 5th floor. Hold it for 50 years. Sell when the water hits the 2nd floor.
Voila… a Florida condo for $4 per year. And you get to sell for at least the insurance money. What a deal!
In all seriousness, look for my upcoming posts regarding condo investments. I’m going to address the dos and don’ts and pros and cons of buying a condo as an investment, and even speak with a real, live south Florida condo expert on the state of the market. Then we can get the bottom of this global warming problem.
Merry ChristmaKwanzaKa.
Til next time, Jeff
P.S. One of our readers sent the following article to me about the SAFE Act. It’s a good summary of my other SAFE Act articles. Thanks Kevin!
How To Be Successful In Real Estate
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Russ Whitney reviews is really very helpful for those who are in real estate. There are a lot of points that one can use and apply it in their real estate business. Russ Whitney started with nothing, doesn’t even have a college degree and don’t have enough knowledge in real estate business or in any business at all and most of all he lacks resources and money to start with. But he did not stop to dream. His goals and objectives pushed him through to achieve what he wants. his determination and perseverance result to a positive result that made him reached the top. He is a person with none at the beginning to a successful real estate businessman today and continuously to inspire and motivate people to anybody could be successful too.
Russ Whitney reviews mentioned three simple yet effective guide to help you real estate business be successful.
1 Make sure that you have the passion for it
Before starting a real estate business or any other business, make sure that you have the passion in doing it. Everything starts from your self. If it is really what you dream and you think would really fit in your interest then give your whole heart to it. Russ Whitney reviews states that your interest in something that you do is the main factor to make it successful. Furthermore, it follows that whatever hindrances and obstacles comes in your way don’t get affected. Passion plays a very important role in making your dreams successful.
2 Utilize well your resources
Make use of whatever resources you have for your business. Be creative and innovative so that you would be able to maximize your resources well. In real estate business, money is the number one resource one should have. Make sure that you invest well your money that would keep your money flowing. Select an approach that will maintain your resources so as for your business to be productive.
3 It is important to know who you are dealing with
Russ Whitney reviews further states that it is important that you know the people whom you are dealing with and make sure that they are trustworthy and ca n be trusted. As what Russ Whitney has experienced he has been fooled, so try not to get deceived since anywhere you go there are dishonest people. If necessary asked some people about the person you’re dealing with. Be wise in engaging into agreement in order not to be deceived. Secure your business before anything else so that your money, effort and any other resources would not be wasted.
The Great Benefits Of Hiring Professional Pest Control Companies
We have so many types of pests that can infest our homes. They can belong to the rodent or arthropod family and maybe the avian as well. The option to hire a professional pest control company is there if you think that you cannot do the pest elimination yourself. These are some of the benefits that professional pest control companies will give you.
Number one thing that professional pest control companies can offer you is their expertise. You can be assured that they will have the technical knowledge and the skills for eliminating and preventing pests in your home. These companies are up to date with the most recent breakthroughs and techniques that are introduced in the market for pest control. So you can expect the best type of service from these professional pest control companies. This is what we strive for with every client of our Carlsbad pest control company.
Next, you can benefit fully from their professionalism. Nothing beats having professionals who know what they are doing. You can also opt to just leave them alone when they do their job since you can be sure that they know what they are doing. Professional pest control companies can also guarantee your safety when it comes to their workers since they only hire people who have good records. This will ensure that you are letting into your house honest and reputable professionals only. We make it a point to only hire the best for our Del Mar pest control company.
Last, you can also benefit from the service warranties that they offer. You will surely be receiving only the best type of service. Professional pest control companies offer warranties because they are confident that whatever service they are going to render are all excellent and can stand up to quality scrutinizing. This is great for your peace of mind. We make sure to guarantee our work from our San Diego mouse control service.
The article just detailed some of the benefits that professional pest control companies can give you. Most of these companies have it in their goal to protect their company name. You can be sure that you will be paying them money that will not be wasted. You can be sure that you will be given the best service in your house. This is why it is recommended that you hire professional pest control companies for effective pest elimination.
How To Clean Ceramic Tiles Easily
Most people know that the best material to use for your flooring when you expect a lot of moisture and spillage are tiles. You can actually use tiles on your bathroom, laundry or kitchen. It is fairly easy to clean up tiles because all you have to do is to wipe it and go. Read on to learn how to take care of your ceramic tiles properly.
First thing you need to do is to, of course, have a regular cleaning schedule for your floor. A daily sweeping of the floor using a soft broom to remove dirt and dust is a good thing to do. It would also be a good idea to have some foot rugs on your doorways in order to minimize the dust and dirt which can enter into your house from the outside. One other alternative to cleaning is to use a vacuum. This is the first piece of advice we give clients of our tile cleaning San Diego service.
Of course it would be a good idea if you actually utilized a good sealer for your ceramic tiles. This is to make sure that the color as well as the grout on your tiles will stay intact when scrubbing them. A sealer will also be very effective at retaining the color of tiles. This is a good idea especially if your tiles are located in the bathroom or kitchen where it is exposed to molds and mildew which will strip it off its color and luster. We make sure to do this step all the time in our marble cleaners San Diego service.
Finally, make sure that you clean your tiles using the right cleaners, and not with an abrasive one. Just visit your local stores and they will be able to supply you with the best information about the cleaner for your tiles. There are a lot of available products in the market today which is well suited for cleaning tiles. Using soap will actually leave a film on your ceramic tiles so it is recommended that you use cleaning products that were manufactured specifically for ceramic tile cleaning. We use the best in cleaning materials for our San Diego upholstery cleaning service.
There you have some of the steps you can take to make sure that your tiles are well kept. Doing these steps will allow your tiles to be clean and be preserved for a long time. Knowing how to go about cleaning your ceramic tiles properly will help you to lengthen its beauty and its years of service in your house. Follow these steps and you can rest assured that you will be able to maintain your ceramic tiles for a long time.
Begin From Scratch…
Russ Whitney did not start 30 years ago as he is today. He did not have the millions nor own hundreds of properties. Way back then, he wasn’t a pro in real estate investing. He begins from scratch and become a little better every time. He failed a lot of times but he didn’t stop. And look where he is now…
How Russ Whitney made his way in real estate is no real secret. To him the technique he has learned some time ago still works until today. The formula is fixed and he is willing to share it to you.
- Evaluate yourself
To Russ Whitney, everything needs to start from within you. For you to be able to succeed you must have the passion to succeed and that is when you have the mind and heart for it. What he is trying to say is that you can never excel in a field you are clueless about. In addition to that, it would even be harder if it is something that does not interest you. So try evaluating yourself if the real estate investing would fit you. If it doesn’t, do not attempt to start for you will only end up wasting your time and your money.
- Have the eye
You must be keen enough to know where to start. In real estate investing, the first step to get started after you have the fund is starting investing. Have the eye to look for a potential property, purchase it at a cheap price, do some renovation and sell it at a higher price. Start earning profits and keeps the money flowing.
- Be wise
Never invest in a property that would not reap you favorable profits. After all, what you are doing is business and just like any other business, your main aim is money. Any investment without any profit is just like doing a charity.
Essential Things You Must Know Before Buying Home Gym
If you want to maintain your physical and mental health, gym is the imperative way to do this. It induces the qualities like self confidence and physical toughness that enable you to cope with difficult situations in your life. Exercise is essential for the health of the people and they should not only visit a gym daily but they can establish a home gym system to maintain their health. Then it is worthy that they should initialize their exercises for an hour on the daily basis. for more information on health and fitness related topics you must refer to Vince delmonte muscle building program
There are five things that should know while buying a home gym, firstly you should keep in mind that you should buy a machine for abdominal exercises, for reduction of weight on belly, because it is the only part that comes across a healthy and a bulky person. Ab-king pro, is a machine which is used to reduce the waist size, it helps in the reduction of fats on your waist and soothes your body. Secondly one should buy equipment for running, so that it would keep your Thai strong and extend your stamina and ensure you for performing any task. it engraves a sense of confidence for meeting the needs of life.
Thirdly, for performing exercises at home for the maintenance of your arms, to provide you power to pick heavy material, a rod with less weight of about 5-10 kg should be bought, so that your arms get practice of picking heavy weights on regular instants, rod with weights would help increasing your muscles and potential to carry heavy things. Another thing which should be kept in mind while buying a home gym that prefer to buy light machines rather than heavy equipment because it would help you in shifting things easily. Lighter machines are the best alternative for performing exercises at home. Knowing the angles of performing exercises is also essential and should be kept in mind while purchasing machines for home based gym, this is very important for a healthy body. Exercises done at wrong angles can result in early tiredness and severe pain in the muscles. Gym is a luxury for health fitness; it integrates the muscles and enhances will power in an individual which is desirable in this vast moving world.
Reputable Moving Company - House Renovations - The Basics Of Home Remodeling
With the mortgage business being what it is nowadays, it might be a safer think to repair your house as opposed to selling it and buying a new one. House prices have come down so much that nowadays homeowner will have a hard time finding the right value for their land. Most people are turning to house renovations to enhance the price of their house and get ready for the future bounce back in the housing market. Let us discuss a few simple home remodeling tips which can help you fix your house up.
If you’re looking to acquire the most for your money, it is an excellent bet to start with the kitchen. One problem you may encounter is that a complete kitchen renovation might take a little longer than expected and the cost could be a little higher than you need to expend. A good place to begin renovating your kitchen is with something inexpensive like the walls. Slap a fresh coat of paint on your kitchen walls and it can do wonders for the look and feel of the kitchen.
The next matter you need to concentrate on is the bathrooms. The kitchens and the bathrooms in your house will be the huge central spots when you need to sell your residence. This is why you would like to begin with these two parts and repair them up as much as possible. A good place to start in your bathroom is the flooring. If you can, do not use vinyl for your flooring and if you do have vinyl floors, upgrade these floors to tile.
The next point to modernize and enhance the value of your home is the front area of your house. Regardless of whether this is a small area of grass or you have a big front yard with a garden, you would like to ensure that you have excellent curb charm when you are planning to sell your house.
The economy may be on a down swing, but you’re certain how to still do the aforementioned things to be able to improve the value of your house whilst you stay for the economy to recover. Do these things and you’ll be good on your way to a great house remodeling job.
Stay away from rogue movers. Use moving company quotes to identify a good mover for your upcoming relocation. Compare online moving quotes and pick the best moving and storage company based on services & price. Save as much as 30%.
Moving Company Ratings - Appraised Value: The Good And The Bad Of How Much A House Is Worth.
Identifying Fair Market Value is an eternal battle and major balancing act. That is because buyers desire a house to appraise on the low side-to keep the purchase price down. While sellers want the same house to appraise on the high side-to make the sale price higher. And then you’ve got the owners of the house-who also want the appraisal to be on the low side, in order to keep the property taxes down.
So with all these different agendas and points of view, how is the fair market value of a real estate property actually established?
Once a year, your county sends all area homeowners official notices that put a dollar value on their property. And property taxes are based on those dollar values. But before those notices get delivered, a long, detailed process generally takes place. First, the land is valued as though it’s vacant-an empty lot, quite simply. Then any improvements are described and measured. Improvements consist of the house and any other structures, pools, sheds, garages, and so on. Next, most counties check the Marshall Valuation Service Cost Guide. It’s a standardized nationwide guide for identifying the value if the cost per square foot to build a building that fits the description of the improved property. Next, if the house isn’t brand new, the replacement cost is taken into account, and also depreciation; the year the house was constructed and the condition of the property are factors here. Appraisers then must take the vital step of comparing the value of the house with recent selling prices of similar homes in the neighborhood. At this point, the appraisal might stand “as is”-or it may be adjusted upward or downward.
Market Value is a theory, quite simply-not an unchanging fact.
In a perfect world, you need to have willing buyer and a willing seller. Neither is under duress. Both are in a position to maximize gain and are attempting to do this. But in the real world, things are hardly ever that simple and equally balanced. Which is why people feel in a different way about the appraisal value of a house. It really depends how strong their position is as a buyer or seller.
Does the local economy come into it at all? Without a doubt it does.
Ask a successful Realtor regarding that! He or she will tell you they’ve noticed that the Rio Grande Valley’s fast-growing economy is attracting people from other areas who think about real estate here a bargain. That assists fuel increases in property values.
So-now you know where that Grand Total originates from.
You’re equipped with the information you need to make a better house-buying decision. For instance, you can understand how two virtually identical houses which are in two different neighborhoods might be extremely far apart in price and appraised value. And why your choice of the right house in the right neighborhood could possibly be worth a not-so-small fortune to you right now-and years in the future.
Don’t let movers get more of their fair share! Use moving company quotes to locate a trustworthy mover for your upcoming relocation. Finding a professional moving company is a results of doing your due diligence to save as much as 35% and avoid rogue movers.
Condominiums For Lease - A Guide
Furnished Apartments For Rent. Dallas apartments for lease are of diverse types. One can pick from compact Apartments getting 1 bedroom plus a person bathroom to spacious ones having multi bedrooms plus multi bathrooms variety. The subsequent costs are indicative: $1100-1200 for any 900 square feet (two BR, 2BA) Apartment, $820-930 from 560 square feet (1BR, 1BA) Apartment. For your exact place, price also varies with levels of luxuries provided. It’s fully as much as you, fiscal place or comfort level, to decide to the Dallas apartments for rent.
You could use agencies like “UMove Free” free of charge Apartment locators or else in case you have a PC and net connection plug to Dallas apartments Strength Search from which you can arrive to know the availability of different types of rental apartments in Dallas. By giving exact search words like one particular bedroom or two bed room apartments, furnished kitchen and so forth., it is possible to narrow down the search and just land on the kind of rental Apartment which you have in thoughts. For this function, you can also use handouts like Very simple Guidebook to Dallas, Texas apartments.
Park Place Apartments. If you want to successfully negotiate rental apartments in Dallas then you definately really should be conscious of some crucial recommendations prior to you choose to call on the Apartment Proprietor:
a) determine the dimension of the Apartment;
b) make your mind up no matter if you would like to maintain pets at home; not all Apartment Owners take into account favorably keeping pets like dogs and fish. Therefore in situation you choose to keep pets your selection of acquiring an appropriate Apartment gets restricted;
c) pay all of your pending bills and hold your account updated and mortgage cost-free; a handful of pending payments of minimal worth may well not make any difference. Ave Apartments. Your credit score place may well not be very nutritious, but when your earlier rent paying history was close perfect with all receipts preserved, then such a file may possibly communicate for you personally for renting apartments in Dallas;
d) fix up a co-signer, possibly your very best workplace friend that has a fair credit place, to sign as surety for executing the rental Agreement with the Dallas apartment Owner;
e) show your curiosity in paying a slightly increased safety deposit than that demanded by the Dallas, Texas apartment proprietor and point out you do not have any trouble for paying a number of months of rents upfront.
All in all, by adopting an intelligent approach you are able to effortlessly manage taking a Dallas apartment for rent.
Real Estate Education
Every experienced real estate investor understands that to succeed in property investing you need to study special texts, learn different investing techniques and never stop searching for new information.
But what if you just recently decided to start investing?
Great, but you just lost a valuable time and money in the process by learning something that you will never really use in your life. I have some very good news for you. You can start learning different ways of real estate investing completely for free by using many valuable Internet resources described below. In most cases the information presented is completely free, but in some instances you will have to provide your e-mail address.
Alex Bezborodko is owner of REIdepot.com - directory of real estate investing resources: courses, books, tapes and software rated and reviewed, plus free real estate articles, forms and message boards
The Real Estate Jobber Course written by Barry Grimes is devoted exclusively to all aspects of real estate bird-dogging. It includes five massive volumes with over 1,000 pages of material. The Lease Option (Lease Purchase, Rent To Own) method of real estate investing also doesn’t need a large amount of initial cash investment and good credit ratings. It also can be done in your spare time without excessive risks, but this technique is more involved from the procedural point of view and needs a higher level of knowledge and experience than bird-dogging.
Arguably one of the most profitable ways of property investing is buying foreclosures or pre-foreclosures. A foreclosure or distressed sale begins when the owner stops making mortgage payments. Thousands of investors make a business out of buying foreclosures for profit. The main problem here is that you have to know what are you doing if you want to avoid big and costly problems.
Many homeowners with little or no equity at all have big difficulties selling their property because they have to come up with additional cash to pay for real estate agents’ sales commission and so they are ready give up this property for free. If an investor takes this property without qualifying for the new mortgage and continues to pay the original owner’s mortgage payments he is taking this property “subject to existing financing”. You can make hundreds of thousands of dollars by buying a run-down house at the right price, using the correct finance structure, fix it up for the least possible cost and then sell it for maximum profit, or hold and use the newfound equity to help fund your next property.
I barely scratched the surface here. If you are persistent enough, you can find much more free valuable real estate investing educational materials, including more free books, reports, real estate forms and even free audio and video presentations. Fire up your computer and start searching.
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