REAL ESTATE NICHES

It’s quite simple, really: Why wholesaling is so HOT right now.

WHOLESALE, WHOLESALE, WHOLESALE EVERYTHING: True to our name, we are into every real estate niche imaginable–and some you’ve likely never imagined. But right now FLIPPING houses WHOLESALE is the rage. Why? The answer is rather simple: we’re in a full-blown buyer’s market. To sell houses in most parts of the country means you have to stand out from the crowd and PRICE is about the only thing that helps you stand out these days.

In the good ole’ days (read: seller’s market) there was plenty of room for error. If you bought it too high, or if you put too much into rehab, just wait awhile and the appreciating market would catch up with your mistakes. Well, there is just a lot more downside risk for the real estate investor in a flat or declining market which most of us are experiencing right now.

Hence, the change of strategy from BUY & RENT or BUY & LEASE/OPTION to the national rage of BUY & FLIP… WHOLESALE. Many investors, as a matter of fact, are doing every thing they can NOT to buy. By optioning properties and then assigning them for a fee, there is little opportunity to make a downside mistake and not be able to sell your property for what you have into it. But this usually means selling to someone at a discount who has the cash to make things happen quickly–another investor.

There is one other target buyer out there who we consider THE SWEET SPOT and that is the homeowner looking for a good, but not great, deal. These buyers are not quite as price conscience as the investor buyer. Thus the term WHOLE-TAILING is born which is selling at some discount to a homeowner who is the traditional retail buyer. Wholetailing is the way to go but you’ll need some tools to get there.

Do you want to get into the SWEET SPOT of real estate sales? Hold on because we’ll be addressing this in one of our segments: Selling For Close-To-Retail in a Wholesale Market

Posted by realestateniches at 03:54pm | Wholesale, Wholesaling | 2 comments

Wave goodbye to traditional financing.

Some investors are looking to option every deal and then sell with an assignment fee. But there are times this just doesn’t make sense. In those times you’re going to need money and sometimes, lots of it. Where are you going to get the capital to keep your buying and selling business going?

Well, apparently not from traditional lenders. From 2000 to 2006 1 out of every 400 deals involved seller financing. Today 1 out of every 50 deals involves seller financing. To put it another way, there is now 8 times less traditional financing available then there was just a few years ago!

To borrow money in today’s lending climate, you need:

1) To cultivate people who have capital to lend you–whether it’s from private lenders who are “hard money” sources or relatives and friends who are “medium money” and “soft money” sources.

2) To have a strategy to find these “lender partners” over the long haul.

To learn more about securing PRIVATE FINANCING check out our website: www.PrivateLenderWanted.com

Posted by realestateniches at 12:33am | Borrowing | no comments

What our namesake means to us… and hopefully, one day, to you.

OUR MISSION
finds its vitality from our namesake of being
GOOD
S-T-E-W-A-R-D-S.
S ervice
We want our byline to provide our focus:
Serving People in Their Housing Needs

T ruthfulness
 We understand that no goal is worth dishonesty
to obtain it. Integrity is our very first priority.
E xcellence
We are professionals who know that being good
at what we do takes a lot of ongoing training.
W orking Together
We rely on the strength and synergy of teamwork
and look to form high quality partnerships.
A bundance Mentality
We don’t hoard what we know by operating
with a scarcity mind set. We have no secrets.
R eal… Estate Investors
We don’t hide who we are, but arrogance and
boasting do not befit a steward. Humility does.
D iligence
We are systems driven. In everything we do
we seek to work smart and not just hard.
S uccess
In the course of our work we want to make money, and lots of it. To do so we know that
the second “S,” Success, comes after first “S,” Service, and that every word between them
provides a critical link to any real achievement we attain.
THE GOOD
We begin with SERVICE…

S
T
E
W
A
R
D
S
…as we work for SUCCESS.

Posted by realestateniches at 12:00am | Stewardship--Our Namesake, Uncategorized | no comments