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Denver Real Estate - Get it while it's hot!

Ever thought about moving to Denver Colorado? This beautiful city has suffered some of the same real estate woe that the rest of the nation is enduring. Depending on your financial situation, these woes can work both for and against you. Some families in Denver have found themselves unable to afford their home or find financing for a new home. But others are able to purchase great investment properties at rock bottom prices in the Denver real estate market. Many have wondered why the nation is experiencing such a turbulent housing crisis over the last 12 months. Many factors have helped create this situation. Thousands of homeowners in Denver alone have had their homes foreclosed due to unfortunate events in their lives or perhaps due to poor decisions they might have made when securing financing for their new homes. Many people made mistakes by taking out additional mortgages on their homes in expectations that the value of their homes were going to skyrocket. They found themselves in serious situations when the real estate market took a nose dive along with the value of their homes. This left the homeowners upside down in their mortgages with respect to the value ratio...
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Wholesaling-A strategy for investors wanting to make $10,000+/mo

Your exit strategy is an extremely important part of your real estate investing business. In fact, it is one of the most important parts. Sometimes investors get excited because they learn how to buy properties, they find them and they have the money lined up to purchase them, and they do, But when they get them, they have no idea what they plan to do with them. You must know your exit strategy when you buy. What do you plan to do with the property? Knowing this allows you to make all types of decisions, from how much to offer, to what kind of financing to us, and more. This month, we will cover wholesaling. What is Wholesaling? It is simply finding a bargain property and passing it on to a bargain hunter. That bargain hunter will be an investor who will either purchase the property to resell it or purchase it to hold it for rental income. Your profit as a wholesaler should be between $5000 and $15,000 on each house. In some cases it will be higher than $15,000 and on some deals your profit may be a little lower than $5,000. Why wholesale? Real estate investors choose...
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Commercial Properties-Inspection Guidelines

When you buy a commercial property, due diligence is even more vitally important than it is with residential properties simply because there's so much more money at stake. In a worst-case scenario, unexpected repairs and expenses can empty your pockets in a heartbeat. At the other end of the spectrum, it can create a long-term, slow-motion drain on your finances that ends up with the same result-money gone and a white elephant on your hands. I'm sure you can see my main point-never acquire a commercial or industrial property without closely examining its condition first. With close examination, you'll secure an investment which can produce considerable profit and appreciation over the years. In this article, I'll outline the basic due diligence required for the physical inspection of commercial and industrial buildings. Who Should Inspect Commercial Buildings If you're new to commercial investments, then you definitely need to hire professionals to inspect the building you're considering. The building structure and the HVAC, electrical and plumbing systems are much more complicated than those found in residential properties and require specialist inspectors. Therefore, it's wise to hire an experienced contractor, architect, or other expert to do the jobs for you. Verify references and...
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Flipping-Pros and Cons

Flipping is the most basic of real estate strategies. It involves simply buying a property, fixing it up, waiting for a short time, and then re-selling it for a fast profit. This is called "rehabbing." A variation is to "wholesale" the property. In other words, you buy only the contract and then immediately sell it to another investor without getting involved in any rehabbing. At its heart, flipping is a speculative strategy. Investors bet that the market value of a property will rise to the point at which they can make a quick profit before they close on the deal. There's the potential for big profits, but there's also the potential for big losses. Let's look at the pros and cons in turn so you have both sides of the picture. The Upsides The first--and primary--upside is investing a very small amount of money for substantial gains. Here's a rehabbing example to illustrate this point: * Let's assume you put down $12,500 (5%) on a $250,000 house. * Then, you spend $5,000 and 60 days fixing it up and another $3,500 in payments. * So, your cash investment equals $21,000. * If you then sell the house for an $80,000...
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