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Many new real estate investors are frozen stiff because of these fears. It is for this reason I’ve listed some of the reasons a real estate investor might want to add to their portfolio of investments.

Why Land Flipping

There is virtually no competition for land, especially rural land. This area of investing is over flowing with a lot of opportunity – there is an abundance of forgotten land out there that sells for cheap! You can purchase land for literally pennies on the dollar.

With land you do not have to know as much about real estate like construction, termites, mold and all the other things of that nature that you must know when investing in houses. Here are some compelling reasons to add land flipping to your real estate investing portfolio:

  • Very low, (or sometimes none), acquisition costs
  • Lower risk – limited money down to lose
  • Lower inspection requirements
  • Quicker closings
  • Less initial capital output
  • Buyers are usually more savvy investors
  • Good Potential for monthly residual income with your owner financing
  • Usually no upkeep required
  • Usually low holding costs (no fire insurance, fix up, utilities involved)
  • Higher number of buyers are repeat buyers (compared to home end buyers)

 

Why Houses Flipping

For some real estate investors flipping houses might have been the first investing niche that they started in. Let’s list the major reasons why house flipping is a good investing strategy:

  • More potential to generate income while you hold it – owner financing or renting
  • Everyone needs a house since shelter is a basic necessity of life. Not everyone needs vacant land
  • Potential to profit big doing just one good deal
  • Potential for higher monthly residual income per property
  • A lot more home owners in desperate situations than there are landowners.

Give us a call and we can assist you with your goals.

403 Spring Meadows- Parkway West, Must See!!!

Fantastic Ballwin ranch style home with 3 bedrooms and 2 bathrooms is ready for a new owner. Very conveniently located near shopping, restaurants and to Hwy 141. As you walk through the home you will see attention to detail in every room; including hardwood floors in the living area surrounding the masonry fireplace, crown molding and framed windows. The kitchen is bright and clean with ceramic tile flooring and white cabinets that include an additional desk area. The bedrooms also have hardwood flooring and the bathrooms have been updated. The lower level is partially finished adding additional recreational space. The large deck allows you to enjoy a backyard BBQ with friends and neighbors.

 

Listing Price: $179,900
Address: 403 Spring Meadows Drive
City: Ballwin
State: MO
ZIP: 63011
MLS # (if any): 12007119
Square Feet: 1062
Bedrooms: 3
Bathrooms: 2
Basement (full, 1/2, finished, unfinished): Full, Partially Finished

Find out more about this property today by reaching out through our Contact Form or you can call us direct at 314-221-6927. When you would like to see ALL of the great homes in the area simply request our powerful Hot List.

Patchy Road to Recovery

“While the U.S. housing market appears to be on the road to recovery, it will be a rather patchy one, with some regions seeing home prices rise as high as 5 percent and others falling flat, according to a report released from the Demand Institute, which is jointly operated by The Conference Board and Nielsen.”

Read the article:  http://www.dsnews.com/articles/story-of-recovery-will-lack-uniformity-demand-institute-2012-05-17

Historic Detriot Home for $195K

“Detroit is hardly lacking for symbols of its Great Recession free fall, but there’s fresh evidence that the Detroit real estate market continues to be the most troubled in the United States.

While some regions are starting to report a bottom for housing prices, Detroit continues to offer some of its majestic past for just pennies on the dollar. That includes the grand old home once owned by the family of James Scripps — the man who founded in 1873 what is now the Detroit News.”

Read the article:  http://www.zillow.com/blog/2012-05-17/at-195k-historic-scripps-home-tells-detroits-sad-real-estate-tale

 

New Record Lows on Fixed Mortgage Rates

“In Freddie Mac’s results of its Primary Mortgage Market Survey®, average fixed mortgage rates again reached new record lows. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent and 15-year fixed-rate mortgages are also slightly down at 3.04 percent.”

Read the article:  http://realtytimes.com/rtpages/20120518_freddierates.htm

Redo Your Roof

“It’s hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.  Still, it’s a key job that can jack up your home’s curb appeal, and the process doesn’t have to be a nightmare.”

Read the article:  http://money.cnn.com/2012/05/11/pf/home-roof.moneymag/index.htm

Housing Recovery Predictions

“Over 80 percent of Americans in recent surveys still agree that buying a home is the best long-term investment they can make. What will be intriguing to watch is how their aspirations around home ownership are affected by this period of extended austerity,” he said.

Read the article:  http://www.dsnews.com/articles/demand-institute-predicts-recovery-will-occur-in-two-phases-this-year-and-2015-2012-05-15

HAMP Eligibilty

“This change means more military members could become eligible for the government’s modification program to assist struggling homeowners by reducing monthly mortgage payments.”

Read the article:  http://www.dsnews.com/articles/hamp-changes-can-expand-eligibility-to-more-military-members-2012-05-10

Income to Qualify for Mortgage

“Interest rates continue to slide further down alongside the decline in home prices. In addition to these factors improving affordability for homeowners, the National Association of Realtors (NAR) found the amount of income needed to qualify for a mortgage is actually well below the median income in most parts of the U.S.”

Read the article:  http://www.dsnews.com/articles/nar-finds-income-to-qualify-for-mortgage-well-below-us-median-2012-05-11

Private Island for Sale

“For less than half the price of an Aston-Martin One-77, you can buy your own private island in Northern Ireland.”

Read the article:  http://bottomline.msnbc.msn.com/_news/2012/05/04/11539745-own-an-irish-island-for-less-than-1-million?lite

Why You Should Buy a Home

“You may have heard that real estate is a good investment. You may also be wondering if that is still true when home values are declining. The truth is that real estate has always been a good “long-term” investment.”

Read the article:  http://realtytimes.com/rtpages/20120509_owning.htm

Foreclosure Filings Down

“Foreclosure filings hit their lowest level in more than four years in the first quarter, according to a report from foreclosure data aggregator RealtyTrac.”

Read the article:  http://www.inman.com/news/2012/04/12/foreclosure-activity-hits-lowest-level-q4-2007-charts