There's got to be a better way!
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Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
Tuesday, October 6, 2009
Public Option: Say It Ain't So Charlie Brown!
Monday, August 10, 2009
Home listings on KwikPost
TenPercentDown.com is now partnering with KwikPost to list great home investment properties.
Be sure to stop by and take a look!
Creekside V, Spring, TX 77388 - Gorgeous 5 bed 2-1/2 bath home with all matching appliances. Full Landscaping. A great home to move your family in or even better we will get you a good tenant. $171,000 See at KwikPost!
Rosewood, Lancaster, TX 75134 - Great cash flow property (250.00 plus per month), completely rehabbed, with tenants in place ready to move in at closing. One tear free property mgmt and home warranty. $79,500 See at KwikPost!
KwikPost's Eddie Burrough's writes:
We are excited about this opportunity to be with KwikPost.com. Please click on the links provided above at the end of the property listings.
Be sure to stop by and take a look!
Creekside V, Spring, TX 77388 - Gorgeous 5 bed 2-1/2 bath home with all matching appliances. Full Landscaping. A great home to move your family in or even better we will get you a good tenant. $171,000 See at KwikPost!
Rosewood, Lancaster, TX 75134 - Great cash flow property (250.00 plus per month), completely rehabbed, with tenants in place ready to move in at closing. One tear free property mgmt and home warranty. $79,500 See at KwikPost!
KwikPost's Eddie Burrough's writes:
At KwikPost.com we have two goals in mind. One is to post investment properties and the other is to sell investment properties.
KwikPost.com may seem too good to be true but our philosophy is simple. Get as many true real estate investors to the site as we possibly can and all of our properties will get sold within our due diligent time periods. Wouldn't that be nice?
So the question I get asked all the time: Eddie how do you make money? I may have alluded to it before but let me make it clear now. I am an investor too, so I make money when the properties I post to KwikPost.com sell. So it is to my best interest to get as many investors as possible on the site so that one of you great investors will buy my properties. I hope that make sense. So when I win you win!
We are excited about this opportunity to be with KwikPost.com. Please click on the links provided above at the end of the property listings.
Saturday, June 20, 2009
The Incredible Investment Group On Facebook
Join "The Incredible Investment Group" on Facebook now!
We talk about all-things real estate...and doing it the right way! Real estate is still the No. 1 investment in America!
The most successful investment in the U.S. is not stocks, bonds, mutual funds, commodities, annuities, or any related products. The best investment is real estate.
The author of "The Incredible Investment Book," Chuck Salisbury will answer any real estate questions here. We welcome your input, too!
JOIN THE INCREDIBLE INVESTMENT GROUP AT FACEBOOK NOW!
We talk about all-things real estate...and doing it the right way! Real estate is still the No. 1 investment in America!
The most successful investment in the U.S. is not stocks, bonds, mutual funds, commodities, annuities, or any related products. The best investment is real estate.
The author of "The Incredible Investment Book," Chuck Salisbury will answer any real estate questions here. We welcome your input, too!
JOIN THE INCREDIBLE INVESTMENT GROUP AT FACEBOOK NOW!
Wednesday, June 17, 2009
Reverse mortgages...there's a better way
Many senior citizens are using reverse mortgages to supplement social security, meet unexpected medical expenses, make home improvements, and more.Your home is probably your largest single investment, so it is smart to know more about reverse mortgages and decide if one is right for you. I believe it's important to present my conclusion about this government-created program. I've concluded that a reverse mortgage is, for some seniors, the last desperate step before insolvency and that there is a better and safer method to accomplishing an increase in monthly income. With my guidance and instruction you can also increase your net worth rather than eliminate it.
That being said, let’s examine a HUD created reverse mortgage.
Exactly what is a reverse mortgage?
A reverse mortgage is a special type of loan used by senior citizens to convert the equity in their homes into more income. The money obtained through a reverse mortgage can provide senior citizens with the financial security they need to fully enjoy their retirement years.
What types are available?
There are three basic types:
1. Single-purpose reverse mortgages, which are offered by some state and local government agencies and nonprofit organizations;
2. Federally-insured reverse mortgages, which are known as Home Equity Conversion Mortgages(HECMs), these are backed by the U.S. Department of Housing and Urban Development(HUD); and
3. Proprietary reverse mortgages, which are private loans that are backed by the companies that develop them.
To learn more about reverse mortgages, including qualifying, advantages and disadvangtages, and need-to-know information, go to TenPercentDown.com and sign up to receive my FREE newsletter. Click here!
--Chuck Salisbury
Monday, June 15, 2009
Why You Should NOT Buy a Foreclosed Property!
The more depressed the real estate market gets, the more the "promoters" come out from under the woodwork...out from under their rocks...or wherever they have been hiding.
They come out to pitch their expensive (and unrealistic) plans and programs about how to get rich in real estate through foreclosures.
Right now, the residential real estate market is softening, which sadly means that more families are losing their homes due to foreclosure.
In a strong real estate market and in a strong economy there may only be a couple of foreclosures in a neighborhood at any given time. Right now, when the real estate market is sorting itself out from the sub-prime debacle, foreclosures abound.
A lot of people have the idea that one man's loss is another man's gain. But when it comes to foreclosures, one man's loss may be the next man's loss, too.
Why buy foreclosed properties? When you buy a house that's been foreclosed upon, you're buying a house that didn't sell. The owner of the house couldn't sell it and the bank couldn't sell it. They're just hoping that a sucker — I mean an "investor" — like you will come along, ready to take that white elephant off their hands.
Let's first consider the question: "What is a foreclosure?" Very simply, it's when an individual who owns a house, has taken out a mortgage and can no longer make the payments. They couldn't sell the house for a price that would allow them to pay off the mortgage so the bank stepped in to recoup as much as it could of what turned out to be a very bad investment all around. If you buy it, you own it, and need to pay the mortgage on an empty house that likely hasn't been maintained.
How long can you afford to do that?
More often than not, investments in foreclosed property turn out not to be like winning a lottery, but a path to bankruptcy! You might be willing to offer more than the other speculators, but what does that tell you? It means that all the other real estate investors in your neck of the woods were not willing to put down as much money on that property as you...in your infinite wisdom!
It's too bad they already made a TV show called "The Biggest Loser," because that’s how I would describe anybody unfortunate enough to offer the most money, out of all the speculators, to the owner of a foreclosure property.
Once again, you've got to ask yourself whether you're smarter than all the other investors looking at foreclosures, and all the home buyers who passed up the opportunity to buy the house from a realtor or directly from the owner, and the bank or government entity currently in possession of the house.
If this sounds harsh, I'd rather you learn from me that foreclosures don't work than learning the hard way. I don't want you to learn the hard and painful way, by going through the time, trouble, and expense of a property that costs you more in money and heartache than you could ever make... even if things really worked the way the foreclosure hucksters would like you to believe.
I can offer you the stories of countless people with sad experiences who thought they could make money in real estate through foreclosures. By and large, they didn't. But a new generation of hopeful investors arises every day, and the people with those full-page ads for seminars on how to make money in these fields continue to prey on them.
Can you still make a fortune in real estate?
You bet! Do it the right way, and you'll be very satisfied with your results. It's a turnkey approach that is disciplined but very effective.
It is truly the #1 way to invest in the # 1 investment in America -- which truly is real estate!
Chuck Salisbury outlines the safest, most conservative way to invest in real estate in "The Incredible Investment Book." For more investment advice and a free newsletter go to www.TenPercentDown.com.
They come out to pitch their expensive (and unrealistic) plans and programs about how to get rich in real estate through foreclosures.
Right now, the residential real estate market is softening, which sadly means that more families are losing their homes due to foreclosure.
In a strong real estate market and in a strong economy there may only be a couple of foreclosures in a neighborhood at any given time. Right now, when the real estate market is sorting itself out from the sub-prime debacle, foreclosures abound.
A lot of people have the idea that one man's loss is another man's gain. But when it comes to foreclosures, one man's loss may be the next man's loss, too.
Why buy foreclosed properties? When you buy a house that's been foreclosed upon, you're buying a house that didn't sell. The owner of the house couldn't sell it and the bank couldn't sell it. They're just hoping that a sucker — I mean an "investor" — like you will come along, ready to take that white elephant off their hands.
Let's first consider the question: "What is a foreclosure?" Very simply, it's when an individual who owns a house, has taken out a mortgage and can no longer make the payments. They couldn't sell the house for a price that would allow them to pay off the mortgage so the bank stepped in to recoup as much as it could of what turned out to be a very bad investment all around. If you buy it, you own it, and need to pay the mortgage on an empty house that likely hasn't been maintained.
How long can you afford to do that?
More often than not, investments in foreclosed property turn out not to be like winning a lottery, but a path to bankruptcy! You might be willing to offer more than the other speculators, but what does that tell you? It means that all the other real estate investors in your neck of the woods were not willing to put down as much money on that property as you...in your infinite wisdom!
It's too bad they already made a TV show called "The Biggest Loser," because that’s how I would describe anybody unfortunate enough to offer the most money, out of all the speculators, to the owner of a foreclosure property.
Once again, you've got to ask yourself whether you're smarter than all the other investors looking at foreclosures, and all the home buyers who passed up the opportunity to buy the house from a realtor or directly from the owner, and the bank or government entity currently in possession of the house.
If this sounds harsh, I'd rather you learn from me that foreclosures don't work than learning the hard way. I don't want you to learn the hard and painful way, by going through the time, trouble, and expense of a property that costs you more in money and heartache than you could ever make... even if things really worked the way the foreclosure hucksters would like you to believe.
I can offer you the stories of countless people with sad experiences who thought they could make money in real estate through foreclosures. By and large, they didn't. But a new generation of hopeful investors arises every day, and the people with those full-page ads for seminars on how to make money in these fields continue to prey on them.
Can you still make a fortune in real estate?
You bet! Do it the right way, and you'll be very satisfied with your results. It's a turnkey approach that is disciplined but very effective.
It is truly the #1 way to invest in the # 1 investment in America -- which truly is real estate!
Chuck Salisbury outlines the safest, most conservative way to invest in real estate in "The Incredible Investment Book." For more investment advice and a free newsletter go to www.TenPercentDown.com.
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