How to Become a Successful Real Estate Investor
Many folks dream of becoming real estate investors, but not everyone has what it takes. If you're dreaming of becoming an investor, here are several important questions to consider, long before you buy your first investment property:
1) Why would a homeowner sell a house at a bargain price?
Ma... (Full Article)
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Buying and Selling Distressed Houses for Maximum Profit
If you want to become a real estate investor, find a "fixer-upper" owned by an anxious seller. Finding distressed houses at bargain prices, fixing them up, and then selling them on a consistent basis can make you a millionaire.
Why Sellers Sell At a Discount
Homeowners' problems often prevent ... (Full Article)
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Selling Investment Houses: Psychology of Mirrors
Take advantage of a tried and true sales technique: World Book Encyclopedia sales people asked the prospective buyer where they would put their bookcase filled with the Encyclopedia. Once the buyers visualized the set in their home, they were ready to sign the contract.
Mirrors bring subtle psych... (Full Article)
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What is a Predatory Lender?
Several months ago, the 3,000-member California Association of Mortgage Brokers (CAMB) created the first real definition to describe the abusive lending practices of predatory lenders. According to the CAMB, predatory lending was described as "placing consumers in loan products with significantly wo... (Full Article)
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