When you are selling a business, your business broker or M&A Advisor will likely create a Comprehensive Business Review or CBR. This comprehensive document can then be presented to prospective buyers once they have signed all necessary confidentiality documentation. It is essential that this document builds trust between both parties, as this will go a long way towards achieving a successful deal. Be Honest The bottom line is that your CBR will be 95% positive. …
Selling a house during a divorce can be a very tricky thing to do. There are many things that can go wrong in the entire process making it take longer than it should. The additional stress of the divorce legal process doesn’t help either. If you and your former spouse cannot agree on a way to move forward in regards to what happens to a house, the long drawn out process will only add to…
Just as buying your first house is quite an exhilarating experience, letting the same house go can be quite difficult. There is a certain sentimental attachment that comes with everyone’s first house. However, there are certain circumstances that make it unsustainable to live in that house any longer. Something like a job change or another life-altering circumstance might compel you to put your house up for sale. If and when that time comes, it is…
In the pursuit of additional income, becoming a landlord ranks among the top ways of earning that extra cash. The idea of a consistent stream of passive income is just too attractive and appealing to pass up. Who doesn’t want to have their property work for them? Who wants to sweat it out in the corporate grind when there is a cash cow that mints money with little effort on their end, right? However, even…
Becoming a property ‘mogul’ is among one of the many aspirations that many people have. The idea of having a somewhat passive source of income in the form of rent is very appealing. For this reason, more and more people are gravitating towards owning rental property as a way of supplementing their monthly income. Before you can fully immerse yourself in buying houses in South Florida and converting them into rentals, you must be cognizant…
If you are considering being a landlord in Broward, there are a couple of things you must do to get it right. Most people are attracted to the idea of owning rental properties so that they can have passive income from the property. However, they might overlook certain key steps and thus derailing their chances of being successful at it. Below is an exploration into the key steps that one must undertake before buying houses…
The real estate market has been revived by renewed confidence in houses as promising investment vehicles. This is quite telling considering that the market is still recovering from the global economic downturn that affected many economies throughout the United States. Today, you will find more and more people exhibiting a willingness to put their homes on the market. If you have decided to put up a ‘for sale’ sign on your lawn, you should brace…
When a foreclosure notice lands in your mailbox, it can be a very distressing time. Such a notice in effect means that you must vacate forfeit your home within the time stated in the notice. Panicking is one of the worst things you can do when facing imminent foreclosure. It is at this time that you must be levelheaded and calm so that you can respond effectively. Key Action Steps to Getting from Underneath The…
A short sale is often considered as one remedy to preventing foreclosure on your property. It offers reprieve to the seller who wants to meet their mortgage obligation quickly should the threat of foreclosure arise. So what exactly is a short sale and how does it work? What are its pros and cons? Below is a further exploration into what a short sale is really about. Defining A Short Sale in Context In a nutshell,…
You’ve wanted to renovate your cramped, outdated kitchen for ages. And now – finally – you have the funds and the opportunity to do it. So you ask around among your friends and co-workers to find a contractor and then hire the one they recommend – even though you’re not aware that you need to or even how to make sure your contractor is insured in Florida. But with a huge helping of good luck,…
Are you looking to buy a short sale in Fort Lauderdale? There are some things that should concern you when buying a short sale in Fort Lauderdale. In this post, we take a look at 3 things that buyers should think about before buying a short sale property. The Value of Short Sale Opportunities First, let’s look at the advantage of finding short sale buying opportunities. Short sales are houses that are sold with the…
You’re probably just a little giddy at this point. You’ve made an offer on a short sale property at a price well below the market value, and it looks like a sweet – and potentially very lucrative – investment deal. Still, there are a few things you need to know about short sale inspections in Tampa before you take that final step. Short sales can be a great boon for investors – or they can…
You’ve found a short sale property that suits you and meets your investment criteria. Now it’s time to make an offer. And today that means a good amount of bidding competition – and quite a bit of it some pretty well-heeled bidders. So you’ll need to know how to make an offer on a short sale in Miami. One thing to keep in mind through it all is that banks are in the business of…
On the face of it, buying a house on a short sale basis certainly sounds like a good deal, especially for investors. It’s often an opportunity to purchase a property at a price well under its normal appraised valuation. But before jumping in, you need to be aware of the disadvantages of buying a short sale in South Florida. Depends on Mortgage Lender’s Approval A short sale usually involves selling a house for less than…
Buying and selling real estate as an investor is easy, right? Not really. Newbie real estate investors often become overwhelmed at just how much is involved in the process of any real estate transaction. Wholesaling is a great alternative to help you learn what makes a great deal, understand the market and develop the negotiation skills necessary for all types of real estate deals. Here are the four best ways to wholesale properties in Florida.…
A wholesaler is only as good as the deal he can present. This means finding motivated sellers who are willing to sell a property for less than current market value for any reason. Three ways wholesalers can find motivated sellers in Boraraton include targeting very specific avenues, casting a wide net or something in between. Regardless of the method, it is important to find properties with the potential for an investor to make a solid…
Many are attracted to becoming a real estate investor because of the large margins you can make. Unlike the stock market, real estate is a physical asset, that while it may fluctuate, it retains intrinsic value. When starting out, stick with wholesaling. Here are four reasons why you should before moving on to other forms of real estate investments. Cost Effective Introduction Wholesaling doesn’t require a mortgage loan from you, thus no credit check or…
A great way to get into real estate investing is to work with other people who have been there before. But how do you go about finding a people to partner with you? In our latest post, we will talk about how to find and form an investing partnership. Who should you partner with? It isn’t about who you like the most, (although that’s part of it) but rather who can you trust to work…
Starting your real estate portfolio can seem like a bit of a challenge. But once you learn a few tips, investing in real estate could become one of the best decisions you ever make. We have put together 5 tips to help the first time real estate investor make their first investment! Tip #1: Do your own research, and never, ever stop Do your own research. Don’t rely on agents or real estate professionals to…
Owning a house is one of the proudest moments a person can have. After imagining it for many years, many people find they can finally have their own. This is sometimes considered a stepping stone to the ‘American Dream’. Thus, you will do you own research on the steps to take to full-fledged home ownership. One of the steps that you come across is to find a GOOD mortgage company. The emphasis is on a…
