Real Estate and AMT: Rental or Investment Property
The Alternative Minimum Tax is a very important consideration for taxpayers who own real estate because almost all the tax rules that apply to real estate are different for the AMT than they are for the Regular Tax. This article on real estate and the AMT will address those situations where the person has the […]
Sell Your Property FAST – With An Owner Financed Mortgage Note
It is well known that homeowner financing sells properties quickly, especially in cases where the properties or prospective buyers do not meet traditional loan / mortgage requirements. The seller offers to retain the mortgage note (homeowner financed mortgage) and receive the monthly payments from the buyer as a bank would. The problem with this approach […]
How to Sell a Home by Owner Using Real Estate Investor Secrets – Part 2
In How to Sell a Home by Owner, Part 1, we pointed out all the important hand-painted pink fluorescent signs. They work! I have had up to 250 flyers removed from the flyer box in a single weekend. For me, that has been the magic bullet on how to sell a home by owner and […]
Expanding your sales team
Many top agents have the goal of expanding their sales team. Many even make that their primary goal shortly after starting their real estate practice. The lure of having other people to generate income is a powerful drug. The desire to expand one’s sales team has really gained momentum in recent years due to its […]
The 5 ways to price your rental property
For an early rental opportunity on your property, do your home work so you can create a competitive and profitable rental for your property. Consider all of your variables so that your “rental value” conclusion is consistent with the local market you are aiming for a higher rent. How have you presented YOUR property to […]
Is it a good idea to buy an investment property?
Now that the real estate market is on the rise, some homeowners are considering purchasing additional property to take advantage of remarkably low home prices coupled with low interest rates. Is it wise to invest in a rental property? If you’ve ever dabbled in the idea of becoming a real estate investor, this may be […]
The negotiation process that will obtain the signature of the seller with their numbers and terms
It is crucial for you, as a foreclosure investor, to fully understand all the options and alternatives that are available to foreclosure homeowners and the consequences of each. Every homeowner facing foreclosure has the following options open to them. 1. Reincorporation. This is when the buyer cures the default, either with their own money or […]
Buying Investment Property With Custom Handwritten Yellow Lettering
Advertising infiltrates people’s lives at every moment of the day. All a person needs to do is turn on the television, grab a magazine, or walk down the street to come across hundreds of advertising messages. To ensure that a motivated salesperson responds positively to your ad, add a personal touch to your marketing efforts. […]
How to choose: a tax professional
How to choose a tax professional? That is an individual decision, based on your needs and expectations. But here’s a quick checklist to guide you through the process. Assess your needs. 1. If calculating your year-end tax liability requires only basic information (earned income reported on W-2 forms, mortgage interest, and property taxes) and you […]
10 classic flaws in house plans and what to do about them
Many of us tend to tour different houses and browse through the different room layouts while dreaming of the day when we can build our own home. It can be beneficial to know what are some of the most common home plan flaws that can be detrimental to life in a building and what you […]