Realty411, the source for real estate news, just uploaded their brand new draft of REI Wealth Monthly. This unique and though-provoking publication reaches real estate investors, entrepreneurs, private lenders, wholesalers, real estate service providers, brokerages, real estate top-producing agents and more! Discover our latest issue. Normally, this issue sells for $45 annually, but we upload our draft issues up her on occasion so we can test it out and edit the publication on screen. ENJOY...
Issue34 - Featuring Ignite Funding - YOUR GUIDE TO REAL ESTATE WEALTH NOWRealty411 Magazine
Preview our newest monthly REI WEALTH MAGAZINE. For nearly three years, REI WEALTH has been providing valuable information, news and resources to the real estate investor community. Do you want to GROW YOUR WEALTH, if so read on and learn from the TOP LEADERS in the industry, right here and NOW!
Cashback programs are growing in popularity as consumers seek discounts and value when making online purchases. These programs work by providing a percentage of purchases back to consumers, influencing buying decisions and creating word-of-mouth marketing. Both merchants and third-party sites benefit from cashback as it allows merchants to discount items without reducing prices while third-party sites aggregate consumer opinions and reviews.
Everything You Wanted to Know About Kickstarter / Anya Combs (Kickstarter)DevGAMM Conference
Come learn the secrets behind running a successful Kickstarter from someone on the Kickstarter Games Team! We’ll talk about tips and tricks, look at what a projects did right, but most importantly you’ll learn how to be featured on Kickstarter.
This document provides the staff listing and contact information for Realty411, a real estate investor magazine. It lists the publisher, realtor, marketing associates, vice president, business advisor, advertising staff, design director, editorial staff including writers and editors, contributors, web master, marketing team, and events staff. It provides the magazine's contact information and discloses that the information in the publication is for entertainment and informational purposes only and does not constitute investment or real estate advice. It encourages readers to seek professional advice before taking action.
Investors: Are you ready to explode your portfolio as quickly as possible? Do you want to skip decades of mistakes and mediocrity? Then detour your way to success by reading our newest Realty411 magazine today. In this enormous edition, readers can find fantastic resources to guide their REI business to higher levels. Whether you are new to real estate or you're an accredited investor, Realty411 can help you. Our publication has helped tens of thousands of investors across the nation since 2007.
Celebrate our new Realty411 issue in Southern California. Now is the time to learn how to invest in real estate to hedge against this surging inflation. Learn techniques to increase your existing rental portfolio or discover how easy it is to begin one. Experienced educators and top leaders in the industry are here to teach our guests. Join us for an amazing day of learning and networking in Irvine, California. Brokers, discover how to grow your agency here as well. Register at: Realty411.com.
Sophisticated investors are always thinking ahead. One of the most important aspects of ensuring a successful business continues is Legacy Planning. To provide valuable tips and information on how to do just that, we reached out to Gene Guarino, founder of RAL Academy (Residential Assisted Living Academy), one of the most influential family-owned businesses in the REI industry. Be sure to read Gene's suggestions to ensure that the company you've worked hard to build continues for generations!
The document outlines an investing strategy called Infinite Banking Concept (IBC) that allows individuals to build wealth through leveraging their own debt and expenses. It profiles Brent Kesler, a chiropractor who used IBC to pay off $984,711 in debt in 39 months. The benefits of IBC are described as keeping money in the family, controlling cashflow, recapturing spent money, protecting assets from lawsuits, and building tax advantages.
Issue34 - Featuring Ignite Funding - YOUR GUIDE TO REAL ESTATE WEALTH NOWRealty411 Magazine
Preview our newest monthly REI WEALTH MAGAZINE. For nearly three years, REI WEALTH has been providing valuable information, news and resources to the real estate investor community. Do you want to GROW YOUR WEALTH, if so read on and learn from the TOP LEADERS in the industry, right here and NOW!
Cashback programs are growing in popularity as consumers seek discounts and value when making online purchases. These programs work by providing a percentage of purchases back to consumers, influencing buying decisions and creating word-of-mouth marketing. Both merchants and third-party sites benefit from cashback as it allows merchants to discount items without reducing prices while third-party sites aggregate consumer opinions and reviews.
Everything You Wanted to Know About Kickstarter / Anya Combs (Kickstarter)DevGAMM Conference
Come learn the secrets behind running a successful Kickstarter from someone on the Kickstarter Games Team! We’ll talk about tips and tricks, look at what a projects did right, but most importantly you’ll learn how to be featured on Kickstarter.
This document provides the staff listing and contact information for Realty411, a real estate investor magazine. It lists the publisher, realtor, marketing associates, vice president, business advisor, advertising staff, design director, editorial staff including writers and editors, contributors, web master, marketing team, and events staff. It provides the magazine's contact information and discloses that the information in the publication is for entertainment and informational purposes only and does not constitute investment or real estate advice. It encourages readers to seek professional advice before taking action.
Investors: Are you ready to explode your portfolio as quickly as possible? Do you want to skip decades of mistakes and mediocrity? Then detour your way to success by reading our newest Realty411 magazine today. In this enormous edition, readers can find fantastic resources to guide their REI business to higher levels. Whether you are new to real estate or you're an accredited investor, Realty411 can help you. Our publication has helped tens of thousands of investors across the nation since 2007.
Celebrate our new Realty411 issue in Southern California. Now is the time to learn how to invest in real estate to hedge against this surging inflation. Learn techniques to increase your existing rental portfolio or discover how easy it is to begin one. Experienced educators and top leaders in the industry are here to teach our guests. Join us for an amazing day of learning and networking in Irvine, California. Brokers, discover how to grow your agency here as well. Register at: Realty411.com.
Sophisticated investors are always thinking ahead. One of the most important aspects of ensuring a successful business continues is Legacy Planning. To provide valuable tips and information on how to do just that, we reached out to Gene Guarino, founder of RAL Academy (Residential Assisted Living Academy), one of the most influential family-owned businesses in the REI industry. Be sure to read Gene's suggestions to ensure that the company you've worked hard to build continues for generations!
The document outlines an investing strategy called Infinite Banking Concept (IBC) that allows individuals to build wealth through leveraging their own debt and expenses. It profiles Brent Kesler, a chiropractor who used IBC to pay off $984,711 in debt in 39 months. The benefits of IBC are described as keeping money in the family, controlling cashflow, recapturing spent money, protecting assets from lawsuits, and building tax advantages.
Are you ready to take your portfolio to the next level? Or, perhaps you want to begin investing in real estate? Well regardless of where you are in experience, Realty411 can help you reach your investing goals. Be sure to join us for our virtual and, now, in-person events. This is the place to be for maximum education, networking and motivation.
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
DISCOVER REAL ESTATE INVESTING FROM A FEMALE PERSPECTIVE - THE LADIES OF REAL ESTATE ARE HERE TO HELP YOU TO INVEST PROPERLY
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
This issue focuses on the most timely topics of today, such as fix and flip rentals, how to market to the most motivated of sellers, probate leads, enhanced asset protection, plus a tribute to Geraldine Barry, an icon in Bay Area REI.
Join us in Marina del Rey, CA on November 17th to celebrate our NEW ISSUE! Learn new strategies and techniques that can take your life and investments to a new level. Network with our speakers during our Breakfast Mixer - PRIVATE MONEY HERE: http://realty411expo.com/events/marina-del-rey-ca/
Amazing connections, up-to-the minute news, and influential deal makers await YOU in the Technology Center of the World -- SILICON VALLEY.
Join us THIS SATURDAY and get Up Close & Personal with the TOP Leaders of the area and in the REI Industry at ZERO cost to you.
Some key topics that we will focus on include: Finance and Leverage, Tax Liens, Multifamily Growth with SYNDICATION, Single-Family Rentals, Vacation Home Ownership, Entrepreneurship, Multiple Streams of Income, Self-Directing Your Future, Business Lines of Credit, Creative Cashflow, & ALL THE PRIVATE MONEY YOU WILL EVER NEED!
Our recent schedule included events in THREE states, don't miss the opportunity to grow your business and leverage our massive network, creative and innovative resources, latest marketing techniques, and national media coverage, SEE YOU THERE:
>>> http://realty411expo.com/events/pleasanton-ca/
Get ready for a Superstar Rockstar REI Weekend!!! Our July events are hosting investors from around the nation and throughout California. In addition to complimentary admission, enjoy a breakfast mixer, plus a Funding Corner to meet private lenders.
We are also adding a preview of our pilot Property Pitch. Plus, bring flyers of your listings and deals for our 411 booth. Learn to look your best with tips from a TOP celebrity stylist, plus a fashion show showcasing So Cal's top designers: https://joom.ag/EG7Y
ATTENTION REALTY411 FANS: LEARN TO LEVERAGE AND GROW! Join us for our conference on Saturday, Feb. 10th, in Santa Clara to learn the latest on finding cash flow markets, flipping and finding deals, note investing, bitcoin and more!! Get access to the PRIVATE CAPITAL you need to leverage your portfolio or expand your business. WE HAVE MANY FUNDING SOURCES HERE!!! Complimentary networking mixer at 9 am. FREE EXPO - Priceless Experience. IT'S ON US - LET'S MAKE 2018 THE BEST!
The document announces an investor summit and expo hosted by Realty411 to be held on February 10, 2018 at the Biltmore Hotel & Suites in Santa Clara, California. The event will feature breakfast, networking opportunities, and presentations from various sponsors and real estate investors focused on strategies for growing wealth in the current market. Attendees can learn about upcoming real estate investment opportunities and connect with sponsors in the real estate and finance industries.
ENJOY SOUTHERN HOSPITALITY IN ATLANTA - Join us for our Complimentary Conference and learn the latest strategies, techniques and tips from active investors from around the nation, including throughout Georgia, PLUS: California, Florida, Michigan, Missouri, Nevada, Texas and more! Learn about Private Money, Local Deals, Out-of-State Opportunities, Private Capital, Business Expansion, Wholesaling, Tax Liens and More! #Realty411Atlanta > https://joom.ag/2BjL
It's time to Get Serious about your future and success! We are here to help you every step of the way in growing your portfolio and level of influence in the real estate arena. Be sure to download the leading magazine for real estate investors!
Join us in California for our Complimentary Real Estate Investor Expos. This is your chance to learn Creative Real Estate with some of the TOP educators in the country! Our goal is to expand real estate knowledge and help everyone build financial freedom through real estate.
Join us in Las Vegas, Nevada for our Complimentary Real Estate Investor's Expo and Breakfast Mixer. Here is your chance to learn Creative Real Estate with some of the TOP educators in the country!
This article discusses a new real estate crowdfunding platform called RealCap that focuses on self-storage properties. RealCap was founded by Tim Soto and Matt Schuberg to take advantage of the growing crowdfunding industry and provide investors with stable, cash flowing self-storage assets. Self-storage provides advantages over residential real estate like less competition and higher projected returns of 8-15% annually. The self-storage sector also remains undersupplied and performs well even during economic downturns as demand increases with more people moving and needing storage.
Join Us Beachside Early for Complimentary Breakfast & Networking on a Fabulous Outdoor Patio - The Early Birds Benefit in Our Industry.
Guests Receive Our California-based magazine published locally!
Meet Local Leaders & Industry Giants & California + National Investors
Influential Real Estate Agents/Brokers & Business Owners Attending!
Find Potential Partners, New Friends, Build Your Circle of Influence.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Realty411's bootcamp partner just closed a $6M Commercial Deal in Los Angeles with SELLER FINANCING. Learn His Secret Strategy. This is Raw Education for REAL Investors. Our Breakfast By the Beach Expo is BACK!
- Learn to Structure Your Assets for MAXIMUM Protection
- Digital Marketing Investing
- Seller Financing in California
- Learn How to Pay OFF Your Properties FASTER
- Learn What to Do NOW to Lower Your Taxes in 2017
- Profit From Abandoned Properties
- Discover a Variety of Finance Options Here!
This COMPLIMENTARY Indoor/Outdoor event will feature a BEACH-SIDE BREAKFAST as we FOCUS ON FINANCE with CALIFORNIA COMMERCIAL CAPITAL among other TOP EXHIBITORS!!! This is the place to get funded.
Grow your wealth with real estate. Here is your opportunity to learn from TOP REAL ESTATE INVESTORS from around the nation. These successful REI leaders are opening up their Black Book of Secrets to help other succeed. DOWNLOAD THIS TODAY AND GROW YOUR WEALTH TOMORROW...
Realty411's complimentary expos are designed to help our guests increase their network, expand their portfolio, learn new niches and get motivated for MORE REAL ESTATE SU$$ESS in their Life!
Guess what? Our LARGEST issue to date is right here! Realty411, the nation's longest-running investor magazine owned by the entrepreneur/investor/agent, is coming at you with all new resources, strategies, and tips to take your portfolio to a whole new level of success.
Realty411 hosts complimentary expos around the nation.
Our events have attracted nearly 400 people. Realty411 has been hosting networking events since 2007.
For information, contact: 805-693-1497. We are always seeking quality educators and corporate exhibitors for our events.
Please review the following information about our upcoming events.
DON'T MISS THESE THREE INCREDIBLE EVENTS:
NEWPORT BEACH - Thursday, April 21st - 10 am to 6 pm
Fire Your Boss for the Day and Come Work It Here.
Investor Forum and B2B Real Estate Expo CLICK HERE
Private VIP Golf Game to follow at 6 pm
https://ocrealty411expo.eventbrite.com
PASADENA - Friday, April 22nd- 10 am to 5 pm
Find the Funds You Need to Close Deals
Celebrate Our Private Money411 Issue CLICK HERE
Mingle with REI Leaders in Old Town Pasadena
https://realty411oldtownpasadena.eventbrite.com
MARINA DEL REY - Saturday, April 23rd - 10 am to 5 pm
Learn from Accredited in Investors in Marina del Rey
Indoor Education & Outdoor Networking CLICK HERE
This is the Coastal City Where It All Started
https://realty411marinadelrey.eventbrite.com
JUST ADDED - NEW EVENTS
Silicon Valley Real Estate Expo
https://realty411siliconvalleyexpo.eventbrite.com
East Coast Real Estate Expo in Long Island
https://longislandinvestorexpo.eventbrite.com
Midwest Real Estate Expo in Chicago
https://midwestrealestateexpo.eventbrite.com
Lone Star Real Estate Expo in Houston
Nearly 100 paid guests for this charity expo so far!
http://www.texaslonestarexpo.com/
Realty411 expos had over 250,000 views in 2015, according to
Eventbrite.com
MARINA DEL REY - Saturday, April 23rd - 10 am to 5 pm
Learn from Accredited in Investors in Marina del Rey
Indoor Education & Outdoor Networking CLICK HERE
> This is the Coastal City Where It All Started
https://realty411marinadelrey.eventbrite.com
ALSO: DON'T MISS THESE THREE INCREDIBLE EVENTS:
NEWPORT BEACH - Thursday, April 21st - 10 am to 6 pm
Fire Your Boss for the Day and Come Work It Here.
Investor Forum and B2B Real Estate Expo CLICK HERE
> Private VIP Golf Game to follow at 6 pm
https://ocrealty411expo.eventbrite.com
PASADENA - Friday, April 22nd- 10 am to 5 pm
Find the Funds You Need to Close Deals
Celebrate Our Private Money411 Issue CLICK HERE
> Mingle with REI Leaders in Old Town Pasadena
https://realty411oldtownpasadena.eventbrite.com
If you're Planning to Build a House in Haldwani, Understanding the House Construction Cost in Haldwani is crucial. It's important to grasp the direct and indirect cost factors entailed in the Construction process before Initiating any work. This Understanding is pivotal for Efficient Budget allocation, allowing you to plan your finances more Effectively. Construction expenses can vary Significantly, Influenced by Diverse Elements such as site Location, raw material prices, Labour charges, and various other variables. Here at Geomatrix, we pride Ourselves on offering competitive rates for house construction in Haldwani, ensuring affordability without Compromising on quality and providing the best options within your budget. For a precise evaluation of the cost involved in constructing your dream home, consult our team of architects and construction experts.
For more information visit:
https://geomatrix.co.in/services/real-estate-project-management-in-haldwani/
Are you ready to take your portfolio to the next level? Or, perhaps you want to begin investing in real estate? Well regardless of where you are in experience, Realty411 can help you reach your investing goals. Be sure to join us for our virtual and, now, in-person events. This is the place to be for maximum education, networking and motivation.
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
DISCOVER REAL ESTATE INVESTING FROM A FEMALE PERSPECTIVE - THE LADIES OF REAL ESTATE ARE HERE TO HELP YOU TO INVEST PROPERLY
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
This issue focuses on the most timely topics of today, such as fix and flip rentals, how to market to the most motivated of sellers, probate leads, enhanced asset protection, plus a tribute to Geraldine Barry, an icon in Bay Area REI.
Join us in Marina del Rey, CA on November 17th to celebrate our NEW ISSUE! Learn new strategies and techniques that can take your life and investments to a new level. Network with our speakers during our Breakfast Mixer - PRIVATE MONEY HERE: http://realty411expo.com/events/marina-del-rey-ca/
Amazing connections, up-to-the minute news, and influential deal makers await YOU in the Technology Center of the World -- SILICON VALLEY.
Join us THIS SATURDAY and get Up Close & Personal with the TOP Leaders of the area and in the REI Industry at ZERO cost to you.
Some key topics that we will focus on include: Finance and Leverage, Tax Liens, Multifamily Growth with SYNDICATION, Single-Family Rentals, Vacation Home Ownership, Entrepreneurship, Multiple Streams of Income, Self-Directing Your Future, Business Lines of Credit, Creative Cashflow, & ALL THE PRIVATE MONEY YOU WILL EVER NEED!
Our recent schedule included events in THREE states, don't miss the opportunity to grow your business and leverage our massive network, creative and innovative resources, latest marketing techniques, and national media coverage, SEE YOU THERE:
>>> http://realty411expo.com/events/pleasanton-ca/
Get ready for a Superstar Rockstar REI Weekend!!! Our July events are hosting investors from around the nation and throughout California. In addition to complimentary admission, enjoy a breakfast mixer, plus a Funding Corner to meet private lenders.
We are also adding a preview of our pilot Property Pitch. Plus, bring flyers of your listings and deals for our 411 booth. Learn to look your best with tips from a TOP celebrity stylist, plus a fashion show showcasing So Cal's top designers: https://joom.ag/EG7Y
ATTENTION REALTY411 FANS: LEARN TO LEVERAGE AND GROW! Join us for our conference on Saturday, Feb. 10th, in Santa Clara to learn the latest on finding cash flow markets, flipping and finding deals, note investing, bitcoin and more!! Get access to the PRIVATE CAPITAL you need to leverage your portfolio or expand your business. WE HAVE MANY FUNDING SOURCES HERE!!! Complimentary networking mixer at 9 am. FREE EXPO - Priceless Experience. IT'S ON US - LET'S MAKE 2018 THE BEST!
The document announces an investor summit and expo hosted by Realty411 to be held on February 10, 2018 at the Biltmore Hotel & Suites in Santa Clara, California. The event will feature breakfast, networking opportunities, and presentations from various sponsors and real estate investors focused on strategies for growing wealth in the current market. Attendees can learn about upcoming real estate investment opportunities and connect with sponsors in the real estate and finance industries.
ENJOY SOUTHERN HOSPITALITY IN ATLANTA - Join us for our Complimentary Conference and learn the latest strategies, techniques and tips from active investors from around the nation, including throughout Georgia, PLUS: California, Florida, Michigan, Missouri, Nevada, Texas and more! Learn about Private Money, Local Deals, Out-of-State Opportunities, Private Capital, Business Expansion, Wholesaling, Tax Liens and More! #Realty411Atlanta > https://joom.ag/2BjL
It's time to Get Serious about your future and success! We are here to help you every step of the way in growing your portfolio and level of influence in the real estate arena. Be sure to download the leading magazine for real estate investors!
Join us in California for our Complimentary Real Estate Investor Expos. This is your chance to learn Creative Real Estate with some of the TOP educators in the country! Our goal is to expand real estate knowledge and help everyone build financial freedom through real estate.
Join us in Las Vegas, Nevada for our Complimentary Real Estate Investor's Expo and Breakfast Mixer. Here is your chance to learn Creative Real Estate with some of the TOP educators in the country!
This article discusses a new real estate crowdfunding platform called RealCap that focuses on self-storage properties. RealCap was founded by Tim Soto and Matt Schuberg to take advantage of the growing crowdfunding industry and provide investors with stable, cash flowing self-storage assets. Self-storage provides advantages over residential real estate like less competition and higher projected returns of 8-15% annually. The self-storage sector also remains undersupplied and performs well even during economic downturns as demand increases with more people moving and needing storage.
Join Us Beachside Early for Complimentary Breakfast & Networking on a Fabulous Outdoor Patio - The Early Birds Benefit in Our Industry.
Guests Receive Our California-based magazine published locally!
Meet Local Leaders & Industry Giants & California + National Investors
Influential Real Estate Agents/Brokers & Business Owners Attending!
Find Potential Partners, New Friends, Build Your Circle of Influence.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Realty411's bootcamp partner just closed a $6M Commercial Deal in Los Angeles with SELLER FINANCING. Learn His Secret Strategy. This is Raw Education for REAL Investors. Our Breakfast By the Beach Expo is BACK!
- Learn to Structure Your Assets for MAXIMUM Protection
- Digital Marketing Investing
- Seller Financing in California
- Learn How to Pay OFF Your Properties FASTER
- Learn What to Do NOW to Lower Your Taxes in 2017
- Profit From Abandoned Properties
- Discover a Variety of Finance Options Here!
This COMPLIMENTARY Indoor/Outdoor event will feature a BEACH-SIDE BREAKFAST as we FOCUS ON FINANCE with CALIFORNIA COMMERCIAL CAPITAL among other TOP EXHIBITORS!!! This is the place to get funded.
Grow your wealth with real estate. Here is your opportunity to learn from TOP REAL ESTATE INVESTORS from around the nation. These successful REI leaders are opening up their Black Book of Secrets to help other succeed. DOWNLOAD THIS TODAY AND GROW YOUR WEALTH TOMORROW...
Realty411's complimentary expos are designed to help our guests increase their network, expand their portfolio, learn new niches and get motivated for MORE REAL ESTATE SU$$ESS in their Life!
Guess what? Our LARGEST issue to date is right here! Realty411, the nation's longest-running investor magazine owned by the entrepreneur/investor/agent, is coming at you with all new resources, strategies, and tips to take your portfolio to a whole new level of success.
Realty411 hosts complimentary expos around the nation.
Our events have attracted nearly 400 people. Realty411 has been hosting networking events since 2007.
For information, contact: 805-693-1497. We are always seeking quality educators and corporate exhibitors for our events.
Please review the following information about our upcoming events.
DON'T MISS THESE THREE INCREDIBLE EVENTS:
NEWPORT BEACH - Thursday, April 21st - 10 am to 6 pm
Fire Your Boss for the Day and Come Work It Here.
Investor Forum and B2B Real Estate Expo CLICK HERE
Private VIP Golf Game to follow at 6 pm
https://ocrealty411expo.eventbrite.com
PASADENA - Friday, April 22nd- 10 am to 5 pm
Find the Funds You Need to Close Deals
Celebrate Our Private Money411 Issue CLICK HERE
Mingle with REI Leaders in Old Town Pasadena
https://realty411oldtownpasadena.eventbrite.com
MARINA DEL REY - Saturday, April 23rd - 10 am to 5 pm
Learn from Accredited in Investors in Marina del Rey
Indoor Education & Outdoor Networking CLICK HERE
This is the Coastal City Where It All Started
https://realty411marinadelrey.eventbrite.com
JUST ADDED - NEW EVENTS
Silicon Valley Real Estate Expo
https://realty411siliconvalleyexpo.eventbrite.com
East Coast Real Estate Expo in Long Island
https://longislandinvestorexpo.eventbrite.com
Midwest Real Estate Expo in Chicago
https://midwestrealestateexpo.eventbrite.com
Lone Star Real Estate Expo in Houston
Nearly 100 paid guests for this charity expo so far!
http://www.texaslonestarexpo.com/
Realty411 expos had over 250,000 views in 2015, according to
Eventbrite.com
MARINA DEL REY - Saturday, April 23rd - 10 am to 5 pm
Learn from Accredited in Investors in Marina del Rey
Indoor Education & Outdoor Networking CLICK HERE
> This is the Coastal City Where It All Started
https://realty411marinadelrey.eventbrite.com
ALSO: DON'T MISS THESE THREE INCREDIBLE EVENTS:
NEWPORT BEACH - Thursday, April 21st - 10 am to 6 pm
Fire Your Boss for the Day and Come Work It Here.
Investor Forum and B2B Real Estate Expo CLICK HERE
> Private VIP Golf Game to follow at 6 pm
https://ocrealty411expo.eventbrite.com
PASADENA - Friday, April 22nd- 10 am to 5 pm
Find the Funds You Need to Close Deals
Celebrate Our Private Money411 Issue CLICK HERE
> Mingle with REI Leaders in Old Town Pasadena
https://realty411oldtownpasadena.eventbrite.com
More from Realty411 Magazine for Real Estate Investors (20)
If you're Planning to Build a House in Haldwani, Understanding the House Construction Cost in Haldwani is crucial. It's important to grasp the direct and indirect cost factors entailed in the Construction process before Initiating any work. This Understanding is pivotal for Efficient Budget allocation, allowing you to plan your finances more Effectively. Construction expenses can vary Significantly, Influenced by Diverse Elements such as site Location, raw material prices, Labour charges, and various other variables. Here at Geomatrix, we pride Ourselves on offering competitive rates for house construction in Haldwani, ensuring affordability without Compromising on quality and providing the best options within your budget. For a precise evaluation of the cost involved in constructing your dream home, consult our team of architects and construction experts.
For more information visit:
https://geomatrix.co.in/services/real-estate-project-management-in-haldwani/
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
At Geomatrix, we Pride Ourselves on our Commitment to Superior Craftsmanship and client satisfaction. Our team Consists of Highly Qualified specialists including Architects, Engineers, project Managers, and skilled labourers who work seamlessly together to achieve ourclients' Objectives. Geomatrix is recognized as the Best Construction Company in Haldwani, Dedicated to bringing visions to life with unparalleled Expertise and Professionalism.
For more information visit:
https://geomatrix.co.in/
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
5. 5
TableofContents Marketing to Motivated Sellers
in Rural Communities
Dealing With “Balloon” Payments
14
25 Is the Secrecy of a Land Trust Lawful?
20
31
41
46
Should You Foreclose
After a Charging Order?
Underwriting a Loan Transaction
where the Borrower is a Family Trust
Yield Compression
– Why are rates in California for alternative real estate financing declining
in a rising interest rate market?
Free Money..…
No, Really! It’s True!
A Rehab Repair Estimator52
61
Making Money
And Understanding Tax Lien Certificates
58
68
73
Texas Cash Cow Arrest
Beware of Real Estate Fraud
"T" is for "Time"
07 It’s Time To Get Connected!
Connected Investors Launches New Mobile App For Real Estate Pros
9. 9
What It Does
This mobile app essentially
puts everything an investor
needs to do business right
in their palm, car and at the
control of their voice.
Ross says, “Real estate
investors are people on the
go. They are in motion,
looking for properties,
speaking to others,
investigating neighborhoods,
travelling and living life.
They needed a tool that
empowered them to do
business at that speed,
seamlessly. We created it.”
Connected
Investors in Your
Pocket
The app puts all of the
Connected Investors tools
and resources in your
pocket. With it you’ll have
everything you need to find
it, figure it, fund it and flip it.
Location, Location, Location
From the second you
download the app you’ll see
all the investors and deals
around you. Hundreds of
thousands of real estate
pros are connected by this
app. With it you’ll be able to
instantly see the flippers,
wholesalers, rehabbers,
landlords and lenders in
your area. You can reach out
and start doing deals on the
spot.
Since 2005, Connected
Investors has been location
tagging the volumes of
content it has been
publishing on its platforms.
This information is all
already populated in the
app. So, you can tap into
historical data, location
based news and trends and
be hyper knowledgeable.
Wherever you are you can
get alerts to new deals being
posted based on your
criteria too.
It Moves with You
Being as mobile as we are,
the Connected Investors
team built in all the features
we need to move with us.
You can set up alerts for
multiple locations so that you
can for example watch deals
coming on live where you
live, and in the emerging
markets with better returns
where you are most focused
on investing.
This freedom and the
finances investors are
enjoying means we like to
travel a lot too, right? CI has
you covered. Ross explains
that as you travel to new
locations your app updates
so you can see local
investors, professionals and
deals too. So, if you are
spending the weekend in
Jacksonville, FL and find
yourself wondering what
local properties are going for,
and what deal opportunities
look like, all you need to do
is pull out your phone. You’ll
have contacts right there,
and new deals popping up to
choose from. All without
missing a beat back home
either.
It’sTimeToGetConnected!
11. 11
Building Your Network FAST > For New &
Existing Members
This app should prove to be a complete game changer for new
investors. The capital is out there, the deals are out there and
buyers are still hungry. The one thing that has held new investors
back from being able to jump in is connections and a network for
doing deals fast. The app gives it to you instantly. Existing
members who have found they have slacked on taking advantage
of all their potential connections no longer have to worry about the
extra step of checking an inbox and accepting friend requests.
You still have to be connected to DM someone on the system, but
you can now connect with a click on a notification on your phone.
Existing members can use the opportunity to catch up on the
hundreds of pending connections they have and supersize their
network in minutes.
Successfully Bringing Real Estate Into A
Mobile World
If anyone can deliver a game changing mobile app for investors,
Ross and his team are certainly the horse to bet on in the race.
Connected Investors has a strong history of pioneering real
progress in real estate investing.
It is a team never willing to rest on what they succeeded with last
quarter. They are always thinking about what’s next, and how they
can improve things and solve the next problem for real estate
investors.
Recently that has included the private lender network which is
handling around $3B per month in lending requests. There is the
robust news and honest blog feed that helps investors spot trends
and get inside tips for improving their game. Then there is the
Smart Forum, which enables investors and professionals to
connect online, ask questions and get real answers from their
experienced peers out in the field.
Pinpoint Profits, the tools
that has transformed the
industry with access to off
market inventory data and
seller contact info, has even
completely blown the
expectations the firm had for
it out of the water. As Ross
puts it, “it solves a huge
problem.”
If you could possible want
anything else to fuel your
real estate investor journey,
Ross leaked the newest
addition to the platform a
funding portal for everything
else you need to finance.
It’sTime
ToGetConnected!
21. 21
Dealing With
“Balloon”
Payments
mortizing
” Versus
“Balloon”
Notes
An “amortizing” note is one
where the principal amount is
paid off over the term of the
loan. A “balloon” note is one
where the payments are not
sufficient to retire the debt,
and an outstanding balance
is due at maturity.
What Is The Problem?
The problem arises when the
borrower does not have the
funds necessary to pay the
“balloon” amount when it
comes due. Oh, oh! So, here
are some ways to deal with
that!
"A
Refinance the
Property
The first recourse for an
owner who wants to keep the
property is to refinance either
the property itself, or another
property in the portfolio. This
is a good approach as long
as financing conditions are
favorable. If conditions are
not favorable, other
approaches will need to be
considered.
Sell the Property
If the owner does not care to
own the property any longer,
they can sell it and have the
sale pay off the loan. Or, they
can sell another property to
pay off the loan. If conditions
are not favorable for selling,
again, other approaches will
need to be considered.
Renegotiate With
the Lender
This is not an ideal approach
because the borrower is
negotiating from an inferior
position. The lender “has the
upper hand” because they
can always foreclose. So, the
borrower should offer the
lender a monetary
“inducement” for an extension,
either a fee, an increase in
interest, or payment amount,
or both. But, it gets the job
done! (Unless the lender says,
“No”!)
Protective Note
Terms
The best way for a borrower to
protect themselves from
becoming in an uncomfortable
position is to negotiate
protective terms in the note in
the first place. One might be
called a “rollover clause” or an
“extension”. Here, for
example, the borrower gets a
time extension, say two years,
for a 2% interest rate increase.
This must be written in the
note as one of its terms.
Another approach is to convert
the note into an amortizing
one when the balloon payment
is due. Again, these terms
need to be negotiated when
the note is written and
included with the other terms.
In some cases, lenders do not
need a cash payoff and enjoy
receiving reliable note
payments from a proven
borrower.
22. 22
Bring In A Cash Partner
If the above approaches aren’t working, the borrower can bring in a
cash partner. This basically involves selling a partial interest in the
property for cash to pay off the “balloon”. An escrow is recommended
with title insurance, and an attorney should draw up an agreement
between the parties, who might not be familiar with eachother.
Return the Property to the Lender
This is the leastdesirable alternative in most
cases. It involves giving up. If it’s going to be done,
it needs to be done right, with an escrow, deed with
a “DeedinLieuofForeclosure” recitation, title insurance,
and transfer of any rents and deposits back to the lender.
The lender should cancel the note, and return the original
to the borrower. The lender should also record a “
Full Reconveyance” in the escrow to clear the title.
File Bankruptcy
This is an alternative, but a risky one. The
day a bankruptcy is filed, a 30day
“Automatic Stay” of all collection actions is
established. After 30 days, the lender can file
a “Relief from Stay” request to foreclose on
the property. There is a hearing, and in the
case of homeowners the bankruptcy judge
will urge the parties to work something out. In
the case of investors, the “sympathy factor”
is usually low because investors are
considered to have resources and several
years to handle the “balloon”. The lender is
due the money, the judge is likely to rule.
(i.e., no relief!)
Dealing With
“Balloon”
Payments
33. 33
A family trust usually requires three parties:
•Trustor(s)– The person(s) who creates the family living trust,
either revocable, or irrevocable. There may be one or more
trustor(s), such as husband and wife. There are many forms of
trusts, for example, a children’s remainder trust or a trust
representing some group. The intent of a trust is usually to
protect accumulating assets such as cash, real estate, stocks,
bonds, businesses, and other valuables, from excessive
taxation and perseveration of capital. The purpose of a trust
may also include an attempt to protect assets from certain liens
or creditors during life or upon death of the trustor. Although
the trustor(s) conveys title into the trust, the trustor(s) will
usually reserve some or all the benefits of owning the property
placed in the trust during his/her/their life. The added purpose
is to preserve some of the benefits for future beneficiaries.
•Trustee(s) The person who is authorized by the trust
document to perform certain acts and sign the loan
documentation for the trust. There may be one or more
trustee(s). For, example husband and wife becoming trustees.
This person(s) is/are considered the trust manager(s) with
rights and obligations that are stated in the trust document.
The trust document contains delegated rights, responsibilities
and establishes who possess authority to act.
•Beneficiaries Are those whom the trustor designates to
receive some future benefits of the trust assets as defined in
the trust document. There may be one or more beneficiaries.
The benefits are usually based upon the investment
performance of the trust assets, and the distributions resulting
from the trust, now and sometime in the future. Beneficiaries
may be the children, relatives, or some designated
organization, such as a religious group, foundation, education
entity, or benevolent group, such as The American Cancer
Society, or The Make A Wish Foundation.
34. 34
A Trust Deed Document contains
3 Parties:
A deed of trust is a security instrument that a
borrower will sign and record which will reflect a
lien on a subject property. Terminology in deed of
trust has similar words, but entirely different
meaning or definitions. A totally different
conversation as a matter of understanding the
process is that there is a trustor, trustee, and
beneficiary in the language of a deed of trust.
Consider that a property owner who desired to
obtain a loan and encumber real property.
Consider that they take title as an individual(s),
not a family trust. We can use husband and wife,
as joint tenant with right of survivorship.
•Trustor(s) – Is the person(s) or entity who
owns the property. The trustor is sometimes
referred to as the grantor. The
owner/trustor/grantor decides to borrow money
and use the property as collateral for a loan. An
encumbrance called a deed of trust will be
drawn, signed and recorded against the
property at the county recorder’s office. A deed
of trust is also referred to as a security
instrument. Public records will then reflect
notice of that lien.
•Trustee (s) – A deed of trust requires a third
party entity, generally a title company, to hold
what is referred to as a bare equitable title on
behalf of the or investors beneficiaries, in the
loan transaction. The trustee is given three
powers; 1) to foreclose 2) to reconvey and 3) to
modify the trust deed per agreement. The
trustee cannot benefit from the ownership but is
hired only as a place holder in states that use
trust deeds as recordable security instrument.
The trustee is an intermediary that has a
fiduciary responsibility to the stated
beneficiaries. His/her job is to protect the
beneficiary’s rights, and in the event of default,
act in their best interest. Also, when a
borrower/trustor pays off the loan, the trustee will
reconvey, meaning remove the lien from public
records, and return full ownership back to the
borrower/trustor.
Some states use a security instrument called a
mortgage, rather than a deed of trust. A
mortgage document only requires 2 parties. One
is the borrower/trustor, and the other is the
lender/beneficiary. There is no trustee required.
•Beneficiaries – Are the
investor/lenders/bankers who invest capital and
receive a recorded deed of trust or mortgage
document and promissory note signed by the
borrower/trustor to hold as collateral for the
consideration of the loan.
Underwriting a Loan
Transaction where the
Borrower is a Family Trust
37. 37
UnderwritingaLoanTransactionwheretheBorrowerisaFamilyTrust
Original Trust document and all related Amendments
1. There are differing views on whether the complete trust should be obtained and read as part of the
loan approval decision, or whether the statutorily authorized Certificate of Trust (discussed below)
should be the sole source of information. My view is that the entire trust should be read to determine
who are the trustors, trustees and beneficiaries. This gives the lender the contact information for all
parties. If the trustor/trustee dies, then the lender can contact the beneficiaries, to continue.
2. Does the trust give authority for one or more trustees to borrow, submit information on behalf of and
sign the related documents encumbering the subject property? The purpose in reading the trust
document, and especially the amendments, is that the trustor, trustee, and/or beneficiary might have
changed. The powers may
have changed, and
successor trustees may have
replaced deceased trustees.
3. Title Page, Trustee
Identification Page, Signature
Page, Powers Page, Any
Amendments Thereto. Some
Lenders will only request
these three pages. This is
suggested by some as
incomplete.
4. Trust certification
(Probate Code section
18100.5) A trust certification may be prepared by the lender, the trustee or an independent source such
as a title company and can be recorded. It certifies who are the trustor, trustee, and beneficiaries. It
establishes the authority to borrow and encumber, provide information and sign loan documents. As
part of Probate Code section 18100.5, the certification provides protection for lenders who rely on the
information it contains. However, a lender cannot rely on the trust certification if the lender has actual
knowledge that the matters set forth in the certification are incorrect. Therefore, some lenders believe it
is best to not even get a copy of the trust itself. However, the statute itself provides that simple
possession of the entire trust document itself without more is not enough to prove that the lender has
“actual knowledge”.
53. 53
I
ntroduction To
Real Estate Matters
This is an initial article in a new
series called, “Gary’s Real
Estate Matters” from Gary
Massari, CEO of REI Fortunes
and Bruce Kellogg, Real Estate
Consultant. In this article you
will learn the importance of
estimating repair and renovation
improvements and how you can
benefit financially!
Use With Contractors
When working with contractors,
you can save money several
ways; first, buy your own
materials and only hire the
contractor for labor. This will
save you 20% on materials that
contractors mark up. Secondly,
if you are a veteran, Home Depot will give you a 10% discount. If
not, then find a friend who is a veteran to make your material
purchases for you.
We are going to show you a template we use so you can see how
it works, especially with contractors and subcontractors for each
area of rehab. It is important for the bidding to be uniform so that
careful comparisons among bids can be made. If a bidder departs
from the estimator, there must be discussion to reconcile any
differences. Otherwise, you are comparing apples and oranges,
as the saying goes.
Building Your Own Estimator
There are a lot of cost estimators you can get for free by
searching Google, but designing your own to meet your specific
needs is far better and more accurate.
When designing your estimator using an Excel spreadsheet, there
are four summary parts you want to include to the estimator:
1. Exterior
2. Interior
3. Mechanics
4. Other
55. 55
Concluding Remarks
1) The unit cost in our example is based on
the San Francisco Bay area. They will need to
be revised for areas that have substantially
different cost structures. Input from local
contractors submitting bids should make this
possible.
2) In many markets around the country, sale
prices are now declining. Therefore, it is critically
important that rehab costs be estimated
accurately, and an extra margin be added for
safety.
3) Put a Yes/No column, and that way you
can walk through a home in minutes and mark Y
or N based on your observations. When you
leave you can then calculate the cost.
4) Make sure you add a 10% to 20%
contingency to the total project to cover
unknowns. Some hard money lenders will only
allow 5% overall contingency, so in that case pad
your line items to include a sufficient contingency.
5) When doing major renovations, it is wise
to get SKU numbers for your kitchens, bathrooms
and mechanical items.
6) The best use of a detailed cost estimate is
to assure that you have covered your bases to
have a profitable project, and to convince your
investor as a wholesaler of your accuracy and
credibility.
7) Your cost estimator will also come in
handy when you negotiate your final offer on a
discounted property to assure profitability.
Let Gary and Bruce know if this article helped
you, and write us to request other topics. You can
always reach either of us by calling us or emailing
us…
Gary Massari, CEO REI Fortunes,
https://reifortunes.com
9254511619 gary@reifortunes.com
Bruce Kellogg, Real Estate Consultant,
brucekellogg10@gmail.com (408) 4890131