 |
|
|
Happy New Year!
 |
Now that the champagne bubbles have cleared our heads, it's time to get
back to business. This month we bring you three articles on investing
basics. Whether you're a seasoned pro or just starting out, you'll find
solid nuggets of information that can help you make 2007 your best year
ever.
To start us off, Steve Krasnow, a certified residential appraiser, talks
about what to look for when considering a property. As you know, the key to
smart offers and bids is knowing the market value of foreclosed properties.
Figuring out a property's value, however, can be difficult when you're not
allowed to tour it. Steve gives you four strategies
for
determining value -
without setting foot on the premises. If you need help developing your
"eye" for value, then this article is for you.
Next, Jason Kane, a Massachusetts real estate attorney and owner of Kane
Title Services, presents, "Think Title Insurance is a
Waste of Money? Think
Again!" According to Jason, fraud and other issues have made title
insurance a must-have purchase when investing in foreclosed or REO
properties. This is an article you'll want to read and act upon
immediately.
In our Interview with the Expert we caught up
with Cathy Toomey, the
dynamic and active Broker / Owner for Stone Ridge Properties, a real estate
firm in Amesbury, MA. Cathy gives a great reason for building a network
that includes real estate agents - it's because distressed homeowners call
agents first when they know they have to sell their homes - fast. Read
Cathy's interview to learn how and where you can meet agents like her.
This month Debbie Siegel, in her Mortgage Minute, "Staying on the Good Side
of the IRS," gives you tips for understanding what's deductible and what's
not on your 2006 taxes. Quick - when can you deduct points? The answer may
surprise you.
* Next 37 17 investors only!
We wish you a great start to 2007 and look forward to bringing you the
latest and best in real estate investing tips and strategies for the coming
year.
Best regards,
| |
| |
Jeremy B. Shapiro
| |
Sheila Farragher-Gemma
| |
Co-Founders, ForeclosuresMass.com
|
Did you like this article? You May Also Like:
 |
Legal Spotlight: Think Title Insurance Is a Waste of Money? Think Again!
Jason Kane, Esq.
You may have heard title insurance isn't available for foreclosed properties or that it's an "optional" (read: unnecessary) expenditure. Yet, as Jason Kane explains, title insurance protects your investment from undisclosed liens and fraud - and can save you from literally losing the shirt off your back.
|
 |
Feature Article: 5 Must Haves in Screening and Hiring a General Contractor
Kris Sawyer, President and Founder, Redlands Construction Inc
One of the most effective ways to flip a real estate investment is to purchase a fixer-upper, invest in strategic improvements, and sell or rent at a profit. Getting it done the right way however, is not that simple. If you're considering working with a general contractor, you won't want to miss Kris Sawyers simple wisdom on this important topic.
|
 |
Feature Article: Five Strategies for Successful Long-Distance Real Estate Investing
Holly Daigle
Yes, buying properties in other states can be a logistical nightmare – especially when you need a team of real estate experts for each state in which you do business. Real estate investor Holly Daigle explains how to develop foolproof processes for keeping everyone in the loop and why it’s essential you build a network of people you absolutely trust.
|
 |
Nothing Succeeds Like Success: An interview with investor and realtor, Dana Robinson
Dana Robinson
In seven years as a real estate investor, Dana Robinson has done everything from buying and rehabbing commercial properties to investing in and flipping multifamily foreclosures. We caught up with Dana recently, to learn more about his "CRE Kit," a simple, but effective, tool for introducing himself and gaining the trust of homeowners and potential partners.
|
 |
Feature Article: Don't Become Another Statistic! Choose Your ARM Program Wisely
Jeffrey Chalmers, Real Solutions LLC
If you listen to the media, ARMs have become the new "dirty word" in real estate lending. Despite the negative press, a number of ARM programs exist that won't have you turning into another foreclosure statistic. In this article, Jeffrey Chalmers explains ARM programs, the terminology you'll encounter, and how to choose the right loan for you.
|
 |
Success Strategies: Seller Financing
Asheesh Advani
Financing - an arrangement wherein the seller acts as the "bank" for the buyer - has seen a rebirth in recent years, thanks to a market characterized by high prices and rising interest rates. Asheesh Advani explains how this approach works, and why it can be beneficial to both buyer and seller...
|
 |
Interview with the Expert: Eileen Schwartz Plays Real Estate Matchmaker
Eileen Schwartz, Real Estate Investor
Buying and selling properties takes real acumen, and veteran real estate investor Eileen Schwartz has plenty of that - having learned real estate at her mother's knee. Yet according to Eileen, it's building a network that's been the key to success. Read about Eileen's new program for investing locally and in Miami - and learn her tips for building a rock solid network that will deliver the deals you won't find on your own.
|
 |
Technology Corner: Generate More Leads With Text Messaging
Dylan Schleppe
You know the problem with flyer boxes - you're forever filling them up only to find out two days later they're empty again. Wouldn't it be great if you could eliminate the flyer box problem - and give your prospects property info when they want it? Now you can with SMS (also known as text messaging). In his article, SMS technology expert Dylan Schleppe talks about the state of SMS and how real estate companies and investors are using this technology to generate leads 24/7 - without breaking the bank.
|
 |
Success Strategies: Buy It if It's a Steal
Lisa A. Maini
There's plenty of real estate out there and no shortage of people offering advice on how to find it, buy it and sell it. Marketing expert Lisa Maini gathered together an all-star cast of real estate experts, picked their brains, and distilled what she learned into this one, meaty article...
|
 |
Nothing Succeeds Like Success: Brian Jones Reveals His Marketing Strategies
Brian Jones
Looking for new ways to market yourself as a real estate investor? Brian Jones, who closed five deals in 2006, shares some of his strategies - including classified advertising and contacting junk removal companies!
|
|
|
