Tuesday 25 August 2020

The How-To Of Cash Flow Real Estate Investing

If you want to get wealthy in real estate, you’re going to need cash flow.

Almost all wealthy people have real state investments, passive income, stock accounts, and cash flow. When you invest in long term wealth, you can create streams of cash flow so that you may reinvest and receive surplus income.

Of course, generating cash flow is not as easy as it seems, otherwise, we would all be doing it. To grow your cash flow, you must first understand what it is that generates cash flow.

What Generates Cash Flow?

 

There are a variety of investments that are known to generate cash flow. Some of them include:

  • Mortgage notes
  • Dividend-paying stocks
  • Small businesses
  • Single-family rental homes
  • Multi-family properties
  • Commercial properties
  • REITs

Let’s talk REITs for a minute.

 

What Are REITs?

 

The acronym REIT stands for “Real Estate Investment Trust.” REITs come in both private and public forms. REITs are unique in that they must pay investors 90% of their income. They also have limits on the controlling interest percentage that any one investor may own.

Essentially, you can think of an REIT as a company that pools together money so that they may manage and distribute real estate profits. You receive regular dividends while the company does everything for you.

One of the best ways to evaluate REITs and stocks that are out there is with an EFT (Exchange Traded Fund).

Exchange Trade Funds employ exports who make evaluations and automatically invest for you.

REIT vs. Crowdfunding

 

Crowdfunding platforms are plentiful, though they typically require investors to be accredited. This means that you must perform your due diligence and screen all of the sponsors, opportunities, and operators, without any help. Plus, Crowdfunding involves a high number of legalities as well.

REITs, on the other hand, are regulated. They do, however, provide all of the extra work for you. Anybody can invest in an REIT and it’ll typically take someone no more than an hour to get set up.

Cash Flowing Your Investments

 

Open an Investment Account

 

The first thing that you’ll want to do is open up an investment account so that you can keep your investment funds separate from all of your other funds. You can either do this using an IRA, an LLC, or a stock brokerage account.

 

Invest In Real Estate That Is Cash Flowing

 

Use your investment funds wisely. Invest in real estate that is known to turn cash each year. This cash flow may come from dividends, rents, or other types of rights.

 

Keep It Flowing With Reinvestments

 

Unless you’re getting ready to retire, why not continue to reinvest? When you reinvest your dividends back into more cash flowing real estate investments, you bulk up your portfolio, nest egg, and cash flow!

 

Achieving Cash Flow Isn’t Difficult

 

If you’re ready to start investing to take a step closer to the lifestyle you’ve always wanted, the time is now. Make sure to get in touch with us here at National Cash Offer if you have any other questions regarding real estate investing.

 

 

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source https://nationalcashoffer.com/the-how-to-of-cash-flow-real-estate-investing/

Wednesday 19 August 2020

Understanding Real Estate Post COVID-19

When 2020 came around, it seemed like the real estate market was off to a pretty good start. Billion-dollar deals were being made and records were being set. Even though we saw a rise in property prices, home buyers and investors continued to make deals.

That’s when COVID-19 arrived.

Within a month of the Coronavirus arrival, new safety guidelines were put into place and over 40 million Americans became reliant on unemployment. Companies that had been around for a hundred years, including Neiman Marcus and JC Penney, went completely bankrupt.

Some of the biggest companies in the market, like Zillow, shut down many operations. A fair portion of those jobs or businesses might never come back.

There are a few things that we do know, however.

  1. More millionaires are born through real estate than any other industry out there, including tech.
  2. Times of uncertainty typically produce the greatest wealth
  3. Real estate is combining with tech to make investing easier than it has even been
  4. Americans who are making solid incomes are finding ways to protect their retirement funds, including real estate investing.
  5. This pandemic will not last forever

A Unique Marketplace

 

The industry will see some lag in the coming months. Borrowers and renters will begin to take advantage of moratoriums through foreclosures and evictions. Either they will resolve these things by the end of the year by figuring out how to catch up with payments or move elsewhere.

In terms of leases and closings, there may end up being a small dip in data. Prices will likely drop in some areas, though it won’t last long.

 

Mortgage Lenders

 

We are beginning to see some serious changes in the lending world. A few weeks after the start of the pandemic, Chase made an announcement about the company’s newer and stricter loan criteria. Home equity loans dried up from Well Fargo too.

Buyers are turning to alternative funding sources, such as private and hard lenders. Private money is typically loaned using funds on-hand while hard money is usually sold to wall street, where it eventually creates an infinite funding loop.

Private and hard money sources do not require any money down or credit checks, unlike banks. However, they have billions of dollars waiting for investors to use. Borrowing is cheaper than it ever has been with insanely low-interest rates.

 

A Noticeable Shift

 

One of the most obvious changes in the market is that people are looking to purchase property in unlikely locations. Rather than condos in urban environments, people are looking for homes in rural areas with more space for amenities, such as gyms, home offices, gardens, and more.

Some strategies we recommend using now include:

  • Short Sales
  • Micro Flipping
  • Buying Mortgage Notes
  • Foreclosure Auctions
  • REOs
  • Fixing and Flipping Low-Priced Properties

COVID-19 should not be an excuse for anyone. If you invest correctly, you can:

  • Create profit while social distancing
  • Work anywhere you want
  • Profit Quickly
  • See upside potential

If you have any questions about investing in a post-COVID market, make sure to get in touch with us here at National Cash Offer.

The post Understanding Real Estate Post COVID-19 appeared first on National Cash Offer.



source https://nationalcashoffer.com/understanding-real-estate-post-covid-19/

Tuesday 18 August 2020

How to Sell Your Home Fast?

What is most important for most people when they sell their house? It is the price, of course. However, in many cases, it is just as important, if not more, to sell your home fast as it is to get as much money as possible for your property.

There are many reasons why time may be of the essence during a real estate transaction. In some cases, the home seller may be relocating. Buying a house while selling another is a frequent occurrence, whether you are purchasing a new property more adapted to your needs or relocating. However, it comes with many obligations, and you may need to carry two mortgages at once, not to lose your dream home. Unfortunately, not everyone is in a financial position to assume the cost of ownership of two houses (including property taxes, maintenance, etc.)

In other cases, selling your house fast may be a legal obligation. When homeowners divorce, they often need to sell their most valuable shared asset – the family home – to move on with their life. When it comes to inherited houses, it is also important to quickly sell the property to settle the estate.

Finally, people may need to sell their home quickly when it becomes a financial burden. Suppose you are having difficulties paying your mortgage, after a change in employment, for example. In that case, you may need to get rid of the property sooner than later to avoid getting into foreclosure. Losing your house to the bank is not only traumatizing, but it also has a lasting impact on your credit and may jeopardize your chances of finding a new home.

So, how can you sell your home fast?

 

 

How to list your property to sell it quickly?

 

 

The biggest downfall for most properties is the price. If you want to price your house to sell fast, you will need to price it below its market value. The most accurate way to find out what your home is worth is to hire a real estate appraiser.

You will also need to get the house ready to sell by repairing any issues. Not only will your home be more attractive for prospective buyers, but house condition is also a financing criterion for some lenders.

It is also good to hire a home inspector to have the house pre-inspected and avoid any last-minute bad surprises that would jeopardize financing and may cause the whole deal to fall through. If your property suffers from deferred maintenance, putting your house in showable condition may take time and money.

Unfortunately, even the best-prepared home sellers may be faced with their properties sitting if the real estate market in the area is sluggish. There are also circumstances beyond your control, such as the buyer’s financing falling through.

If your priority is to sell your house fast, you may need to look into alternative solutions.

 

 

How to sell your home fast with a cash house buyer?

 

 

Investing companies such as National Cash Offer specialize in buying properties quickly, with as little hassle as possible for the home seller.

Even in the best circumstances, listing your house to sell can be a time and money consuming process. As anyone will tell you, selling your home often comes down to “hurrying and waiting.” Between waiting for the right buyer to come along, dealing with financing, inspections, and so, it could be months before you hand off the keys to your property.

With National Cash Offer, you could be closing on your property and starting your new chapter within days. As soon as you are ready to sell your house, National Cash Offer will send you a fair offer. If it is satisfactory, you could be closing in as little as three days. We will handle financing but also bypass many of the inspections, which significantly slow down the house selling process.

Unlike traditional buyers, we buy houses regardless of condition, including dwellings with significant damage. We can also handle difficult tenants and title issues to make it as easy for you as possible.

If you think that National Cash Offer may be the right solution to sell your house fast, contact us today.

The post How to Sell Your Home Fast? appeared first on National Cash Offer.



source https://nationalcashoffer.com/how-to-sell-your-home-fast/

Monday 17 August 2020

Making Your First Million with Real Estate Investing

More than 90% of millionaires make their money with real estate. One of the main goals that people have when entering the world of real estate is becoming millionaires.

If you strategize and do things correctly, that first million could come pretty quickly. Once you have it, you need to multiply it.

 

Self-Made Real Estate Millionaires

 

There are almost 19 million millionaires in America according to the Credit Suisse Global Wealth study back in 2019. Compared to China, which takes second place to the U.S., that is almost four times as many millionaires. In fact, 40% of the world’s millionaires reside in the United States.

There are millions of self-made millionaires that we could name, though a few that come to mind include:

  • Sam Zell
  • Ray Kroc
  • Stephen Ross
  • Jorge Perez

 

Making Money In Real Estate

 

There are a few ways to make money in real estate. Different strategies work for different people and some progress through specific categories as they continue to build experience and capital.

 

Some of the top ways to make money in real estate include:

 

  • Wholesaling
  • House Flipping
  • Private Lending
  • Owning Income-Producing Rental Properties

 

Understanding Real Estate Wholesaling

 

People often use the term “flipping” when discussing the topic of wholesaling or house rehabilitation. When we think about wholesaling, we’re thinking about assigning contracts and selling contracts for profit. This is done with every doing any renovations or taking ownership.

 

Making Your First Real Estate Million

 

Get Your Money

 

First, you should talk to a mortgage broker. They can help you assess your current real estate equity, which can be tapped into to make investments. You can create tax deductions on your interest if you have equity in your primary residence. If you have other property or assets, they can enable you to become a cash buyer when you use them as collateral.

 

There is the idea of “joint ventures” too. In this scenario, you find people that have money, though don’t want to spend any time or energy seeking out, negotiating, and managing deals. Partner with these people and use their money to work your own deals.

 

Lastly, you can consider financing your deals with private lenders. This method can be quick and painless if you don’t want to work with traditional banks.

 

Seek Out Opportunity

 

It is important to have a strategy when seeking out opportunities.

 

For example, one of the top things that investors look for on the market is job growth. When jobs increase in one place, the population increases. This means that vacancies begin to decline and rental rates begin to skyrocket.

For investors, this means increased property prices.

 

Stop Procrastinating

 

One of the best ways to learn about real estate is to dive in headfirst. The market is wavering. You will never be able to figure it out perfectly. The longer you wait to hop in, the more opportunities pass you by.

Don’t become paralyzed. If you don’t do any deals, you can’t make any money.

 

Make sure to get in contact with us here at National Cash Offer if you have any other questions about wholesaling or real estate.

The post Making Your First Million with Real Estate Investing appeared first on National Cash Offer.



source https://nationalcashoffer.com/making-your-first-million-with-real-estate-investing/

Tuesday 11 August 2020

Top 5 Tips for Buying Wholesale Properties In Phoenix

Buying wholesale properties with a big discount seems pretty great, right?

When you are working closely with the best property wholesaler in Phoenix, it can be! Of course, you want to make sure that the person you are working with has the experience and a good track record.

When buying investment real estate from a wholesaler in Phoenix, you want to take it straight to the source. Here are a few tips that you want to follow to optimize your experience with your wholesaler in Arizona!

 

Get Inspections

 

Whether wholesale or not, having inspections on a property is extremely important. You’ll want to hire a trusted inspector to come help you, especially if you don’t’ have experience in doing inspections yourself. Specialty inspections should be done separately, including septic tank inspections, pool inspections, and soil quality inspections.

 

Title Check

 

You need to do your due diligence here, as with any real estate purchase. Make sure there are no liens on your property by checking your title. The last thing you want to find out about is an issue with your property claim. Plus, it can be quite frustrating, not to mention expensive, dealing with a cloudy title.

 

Nurture Your Relationships

 

When you ultimately decide to start working with a Phoenix wholesaler, you’ll want to find someone that you can build a relationship with. This wholesaler should have an understanding of the types of properties you are looking at, as well as have an understanding of your goals.

Once you have created a rapport with your wholesaler, they will likely bring you better deals.

 

Get Things In Writing

 

Your wholesaler should be able to provide you with all things in writing, including comps for the property prior to and after the repairs. Wholesalers should be able to provide you with all of the necessary information as to how much costs will be based on past experience or estimates from local contractors.

Of course, in the end, it comes down to how much you let the repairs cost you. With all of that said, you must keep everything in writing and communicate thoroughly so that you have a record of all the interactions you make along the way. This way, nothing can come back to haunt you later down the line.

 

Find The Best Wholesaler

Finding the right wholesaler in Phoenix means capitalizing on that wholesaler’s abilities to find the best possible deals. A great wholesaler should be able to provide you with any necessary historical information, market information, property comps, and more.

A great wholesaler will listen to you so that they can gain a better understanding of what you are looking to accomplish by purchasing a wholesale property. Once that wholesaler has a better understanding of your goals, they’ll be able to find you the best properties.

One of the best ways to build wealth in the Phoenix area is by buying wholesale properties. If you focus on finding the right wholesaler to make your purchase with, you’ll be well on your way to a successful transaction.

Make sure to get in touch with us here at National Cash Offer if you have any more questions!

The post Top 5 Tips for Buying Wholesale Properties In Phoenix appeared first on National Cash Offer.



source https://nationalcashoffer.com/top-5-tips-for-buying-wholesale-properties-in-phoenix/

Wednesday 5 August 2020

Top 3 Tips To Get Started In Real Estate

Are you trying to get started in real estate?

You might be asking what the best strategies are and how many steps you have to take until you become the millionaire you always wanted to be.

Of course, getting started isn’t simple, especially when you consider the changes that have come into play after COVID-19.

In this short blog, we want to get you settled in with the idea of real estate investing by showing you what you need to do to get started.

 

Number One – Set Your Goals

 

You need to know where it is that you want to be in ten years. Maybe you want to own a few rental units that can provide you “x” amount of income. Perhaps you want to retire. Perhaps you want to acquire properties in different environments around the globe.

Having an understanding of what it is that you want will allow you to carve out a path so that you can get to where you want to go. This will also help to guide the decisions that you make.

 

Number Two – Build Your Team

 

If you are eventually going to scale your portfolio or your real estate investing business, you are going to need a team to help. Without a team, you won’t have the freedom that investing can offer.

It’s impossible to become an expert in all things. We wouldn’t recommend trying it either. Instead, find the right experts in each area and hire them to do the job. These people have already spent many years becoming experts in the fields of property management, fundraising, marketing, and more.

A great team will probably include lenders, bankers, cleaners, insurance agents, managers, and lawn servicing people.

One thing that is important to note is that your business results will only be as strong as the weakest link in your team. You need to hire a top-notch team if you want to find success.

Once you have your team in place, make sure not to micromanage them. Remember, you took the time to hire the best people. Let them do their jobs.

Number Three – Make The Right Offers

 

To get started in real estate, you need to begin making offers. Reaping the rewards of buying or investing in property is impossible unless you have made offers. Put all of the property criteria out in front of you to make sure that they match your goals and your portfolio. You can then begin to make offers as often as you can.

 

Investing During COVID-19

 

Investors have to tweak their strategies and their tactics during COVID-19. Tons of investors are moving away from flipping houses at the moment due to the uncertainty of the housing market on the other side.

Instead, many investors are turning their focus to wholesaling. Keeping an eye on wholesale properties is one of the best ways to add passive income to your portfolio.

Getting started is far easier than you might have thought, though it does require having goals, finding help, and taking action every day to move closer towards success.

The post Top 3 Tips To Get Started In Real Estate appeared first on National Cash Offer.



source https://nationalcashoffer.com/top-3-tips-to-get-started-in-real-estate/