Posts Tagged ‘property’

April 16th, 2011

Real Estate Market Analysis – The Business Market Analysis Aspect of Real Estate

Real Estate Market Analysis – How To Analyze Real Estate

Real Estate Market Analysis

FREE Comparative Real Estate Market Analysis

To be successful in real estate investment, you need to be able to know beforehand whether a property will be profitable for you. Although you may not be able to provide a 100 percent guarantee of profitability with any investment that you make, accumulating all the data that you can get will be able to give you a high level of confidence in deciding whether a real estate will be a money maker. Seasoned and knowledgeable businessmen and investors never discuss a deal blindly. They come prepared with facts and figures provided by reputable sources, like government data.

It is a common practice for any self-respecting businessman or company to be able to do a thorough research and analysis of the market that they are invested in, and in the business world this is called market analysis. And for the real estate market, a similar process is also done and is called Comparative Market Analysis or CMA.

The Comparative Real Estate Market Analysis is an indispensable tool real estate investors and professionals whether they are dealing with a seller or a buyer. Why? Because a Comparative Real Estate Market Analysis is your prime basis for determining the true value of a property and this will help them look at the listing price and negotiate properly. They can then determine a value that they can offer where they will be able to make their profit. Or at the least, be able to shy away from a potentially loss incurring real estate deal.

How can a Comparative Real Estate Market Analysis do this?

Typically, a Comparative  Market Analysis consists of data that includes the records of the most recent properties sold in the same area that shares highly similar characteristics with the real property being subjected to the deal. They can have similar sizes, location, and developments. Making a comparative study on the properties, a real estate professional will be able to make an intelligent summary and estimate as to the true value of the said property. From that estimate, an investor will then be able to see if he or she will be able to make profit.

For a highly dependable Comparative Market Analysis, you should have reliable sources; this will include data and reports from your local public records by the government, and from highly reputable real estate companies and professionals, as well as from the MLS or Multiple Listing Service for your locality.

For a more comprehensive Comparative  Analysis, your report should also include comparisons with homes that are currently listed and are actively on sale, those that are pending, and even with those that have already expired listings. This will not only give you an idea on the current market value, but also on the trends of the value and the time frame that such a property turns over.

You should remember though that you shouldn’t just take the report at face value. There are also other considerations that can factor in on the devaluation of a certain property, which can lower significantly the margin for error. This factors will include the state that the property is in, which may require additional costs for repairs and upgrades, as well as the financial state of the previous owners or sellers which can influence the value as well.

Keep in mind that a Comparative Market Analysis is only an estimate. Take the time to do a manual calculation as well as going for ocular inspections. Combining all these analysis and processes, you will be able to make the right decision.

For more information and tools Comparative Real Estate Market Analysis or FREE Training for Real Estate Investing Click Here

-Aislee

March 31st, 2011

Make Money in Real Estate Even Without a Huge Initial Investment

Make Money In Real Estate

Make Money In Real Estate

Is it true that you can Make Money in Real Estate with little to no money down. Or is it just a sales pitch by gurus selling their product? This article discusses how to guarantee no money down results with Zero Risk.

Being a realtor and an investor is a whole different thing, apples and oranges. For one, as an investor, you have a lot riding on the real estate or property that you are trying to sell. If you are not able to sell, you lose your investment, if you’re not able to get the price that you want, you won’t realize profit. What if you’ve invested a lot of money in purchasing a home, fixing it up, and then advertising it? Not to mention the time and efforts you have poured in it.

And for those that don’t have a large capital to work with, real estate investing is also a feasible investment for you, and that is through wholesale real estate as a way to Make Money in Real Estate.

Let’s first take a look first at what wholesale real estate investing is all about.

Basically, a wholesale real estate investor looks for highly profitable homes sold at low prices, negotiates with the owner and goes into a contract or agreement, then sells it to another investor. Typically, a real estate which a wholesaler looks for are those that are sold very low because of some renovations, repairs or improvements required to make it desirable or livable, those that are sold very low because of the sellers need to sell it in a hurry for whatever reasons, or because of foreclosures, and any other reasons so that the investor can Make Money in Real Estate.

Unlike real estate investors, wholesalers don’t act on these renovations or any other improvements or works done, they sell the house as is. Also, wholesalers don’t regularly buy the property, although some have done so to avail of the lowest price they will be able to get on the real estate, he or she sells the agreement to an investor. And because of that, you won’t really need as much capital as an investor would and still Make Money in Real Estate.

You will be required to do some work though. This will involve looking for homes with potential, negotiating well with buyers and sellers, market your business properly, and generate good working relationships with many real state investors. Also, for new wholesale real estate investors, you should not expect to generate a lot of profits. The wholesale real estate business thrives on making a lot of buying and selling to generate a return. You cannot afford to have a dry spell. Not all of your leads will be successful, that’s why you need to have backup.

For those in Savannah, Georgia who are looking to Make Money in Real Estate buy using a wholesale real estate business model, you need to team up with expert and knowledgeable wholesalers that will show you the ropes of the wholesaling, as well as make you a part of their business. This is very important as the trends of wholesale marketing in Savannah, GA can turn instantly. And with their reputation and established foundation, you get the advantage of having an established list of clients and a solid marketing plan.

The real estate business in Savannah, and even in any other place, can be a gamble, but with the help of the pros, you can see, and learn, why wholesale real estate is becoming very popular.

-Aislee

To Partner with a Pro and get started in making money in real estate with little to no money down click here. Let’s Team Up and Collaborate!