Real Estate Bird Dog Training

There are a few things that you must learn in order to be successful at real estate investing.  The fastest way to achieve maximum success in real estate is start from a level where you don’t have to invest much cash into finding your way.   Becoming a real estate bird dog teaches you how to find properties, locate buyers and put the whole process together.

In today’s real estate market there is a huge opportunity for those new investors, property locators or real estate bird dogs.   Homes are going into foreclosure and those owners need help to stop their foreclosure and there are plenty of buyers looking for great deals.  That is why being a real estate bird dog is the perfect solution for new investors to learn the ropes.

A few things you must know to be successful at real estate bird dogging:

1. Find Buyers
2. Locate Sellers
3. Present the Information

Finding your Buyers

The first thing you should do is build your buyers list of investors that are currently looking for good deals.   Your buyers equal the cash you need to close any good deal you may find.  You should want at least 20 serious buyers to unload any properties you find.  There are so many ways to find buyers for you deals and a few are to place your own ad in the newspaper, place an ad on craigslist to find some buyers as well as backpage.

You can find buyers by also linking up with an investor that can show you the ropes.

Locate Sellers

Once you have your buyers lined up you want to come up with some  products to show them.  Any good deal you find is your money so you need to get very good at finding deals for your buyers.  There is an abundant of buyers in this market because now all the bargain hunters are out looking for killer deals. 

A few ways to find your sellers are the newspaper, for sale signs in the yard, and placing your own ads in the newspaper and on craigslist.  The best way to produce leads is from the use of the internet, if you don’t have a good internet presence then you can work with someone that has already put in the grunt work.

Presenting your Deals

Now that you have your buyer and a property for your buyer, as an efficient real estate bird dog, you want to have everything laid out for your buyer.  The reason you want to present your deals to your buyers is first and foremost you want to look professional.  Professionals get paid more than those that shoot from the hip. 

A few things you want to have together for your buyer to ensure more than $500 per deal are as followed:

1. Property Address
2. Asking Price
3. Location of city
4. Type of house
5. Pictures outside are ok (preferably inside as well)
6. Pictures of houses in the neighborhood
7. A brief assessment of the house
8. Email Account
9. Internet Access

Provide all of those into a package and you will ensure that your buyers will love it when you come around because all they have to do is research the numbers and tell you if there is a deal or not.

Summary

You can make some really good cash if you master how to place buyers and sellers in the same room so you can step in to make a quick profit.  Once you learn everything you need to learn about your local real estate market, you can start to dictate how much money you make for the month.

Donte Mazyck is the acquistions manager for BofC a web based company that buys houses. BofC teaches and train new investors for free how to become real estate bird dogs or efficient property locators. The reason BofC provides free training is to eventually become joint venture partners with bird dogs so the bird dog can service leads for their local city. BofC only wants one partner per city. For more information you can go to Real Estate Bird Dog or by calling 888-219-8619 ex 750.

Article Source:http://www.articlesbase.com/real-estate-articles/become-a-real-estate-bird-dog-to-reach-success-in-no-money-down-investing-933756.html

Dining Room 4 bedrooms, 2 baths, 1 car detached garage & fenced yard. Hardwood floors and natural woodwork, Decorative fireplace in livingroom. New windows. 2 bedrooms, Formal dining room, living room & eat in kitchen on the main level. 2 large bedrooms on the second level. Stove & Refrigerator supplied. Sun porch on back of house. Full Basement. Walk out basement with washer/dryer hook up. Tenant is respondsible for gas, electric, water and yard work. 1 year lease required. This home is …

We have 17 years left on our massive mortgage. Don't want to extend the mortgage term as we will by then be retired. We could sell, and rent a suitble property for about half of what we pay now in mortgage – and have more disposable income to enjoy. It feels odd to think about renting, having owned our own home for many years, but why not? We won't own our house outright until we are both 68 – we could be dead by then!!
We have 17 years left on our massive mortgage. Don't want to extend the mortgage term as we will by then be retired. We could sell, and rent a suitble property for about half of what we pay now in mortgage – and have more disposable income to enjoy. It feels odd to think about renting, having owned our own home for many years, but why not? We won't own our house outright until we are both 68 – we could be dead by then!!
We have looked at downsizing but would not have enough equity in this house to significantly decrease the mortgage on a smaller house – we really stretched ourselves to get this one cos it was perfect for us with all the kids at home.

Are you still throwing your money away on rent? Really, think about it. Every month you write that check and give to the landlord, never to be seen again as it disappears into his pocket.

Being a land lord has got to be one of the easiest jobs there is. He buys a house, just like you could, then lets someone live there while he builds equity and makes profit. Sure once in while he may have to fix something, or paint or whatever, but overall it’s a very stress free and profitable existence.

I’m not suggesting you should become a landlord, although if you did you could be taking some other poor saps money, what I am suggesting is that you look into buying. Did you know that it’s very possible, likely even, that you could be laying out less cash every month on a Mortgage than on rent.

When you own a home you in essence have a place to live for free. Every month when you make a payment on your house your building equity. Equity is money. That doesn’t even include the improvements you make. More money.

Then there’s the tax benefits. Every year when you file your tax returns for the money the Government has been holding for you, you can write off your house. Not the whole house of course, but things like mortgage interest and real estate taxes. There are write offs for making your home more energy efficient. First time home buyer write offs. In fact,this year, 2009, the Government will even give you $8000 to buy a house.

I have a story about a young man who used to work for me. He and his girlfriend rented. Every month throwing that money away, and every month complaining about it. Every month I told him “then stop it, go find a house to buy. It’s really not that difficult. Doesn’t have to be a dream house, just STOP paying rent! Later you can sell it when you want to move up, and make money instead of throwing it away!.”

Well, he did. Him and the girlfriend went out, found a small house with a nice yard, went to the bank and now they are proud homeowners investing their money in their future rather than wasting it. He is so happy. When I see him now he’s bragging about his latest remodel project, or his garden or what he’s doing with the money he’s saving. It’s really nice to see him so happy as opposed to complaining about being broke all the time. The whole process took less than a month, and he even broke his old lease because the numbers worked in his favor.

Here is an open question posted by a renter on a real estate site that asked

“I pay $800/mo. for 1 bed apt., should I just find a home for rent and hope there’s an option to buy?”

Here is the answer,

“In all honesty you should try and buy a home and quit enriching your landlord, start building some equity for yourself and become a proud home owner. Often times in that price range, $800, you will lay out less cash every month for a nicer place that is your own. It’s also a great way to hold on to your money and even grow it. Now is a good time too as economic indicators are pointing to an improvement in the economy which will mean higher prices and interest rates in the near future.”

So why are still renting?

Twenty years in the business of building homes makes me uniquely qualified to help you find yours!
Joel Weihe, Realtor.
www.wichitahomesearch.net

Article Source:http://www.articlesbase.com/real-estate-articles/why-are-you-still-renting-933106.html

As more of the population pushes the previous life-span boundaries, more and more of us become concerned with aging in such a way that we can maintain our quality of life. Of course, at the core of healthy aging is making good choices about eating right, maintaining a healthy body weight, and having regular medical checkups, but did you know that where you live can have a factor in your overall health as well?

In many of our neighbourhoods there are not readily available exercise facilities or social opportunities. This can make it difficult for retired people to maintain a previously healthy lifestyle. Keep in mind, a healthy lifestyle doesn’t just include exercise, but also social connections and mental stimulation as well. All of these factors can be supported by a good retirement community.

Exercise helps keep as healthy as we age, even moderate exercise can help keep you more mobile and able to enjoy both daily life as well as special outings. Mental exercise is also an important factor to consider; the more mental stimulation we participate in, the sharper our minds remain. Mental exercise can be as simple as having regular trips to the library for reading materials, playing a game of bingo with friends, visiting a local museum, or connecting with friends and family. Both kinds of exercise also help keep our stress levels down as well. Prolonged stress can deteriorate most of the systems of the body and even affect your memory. Enjoying a relaxing living environment can be one way to help combat stress in your life.

A good retirement community can help you with all of these issues and more. It might include such simple elements as walking paths and close proximity to shopping, medical care, as well as entertainment such as a theatre. Some retirement communities have swimming pools or shuffleboard as well, giving you that holiday cruise feel!

Some aspects of healthy living, such as choosing whether or not to smoke, having regular medical checkups, and eating healthy are very personal decisions; while other aspects can be greatly influenced by the environment you live in. Whether choosing either a new residence for living in all year round, or just winter accommodations to help you escape a harsh climate, keep in mind what kind of environment would support you best in your retirement.

Learn more about mobile homes and Arizona Retirement living at PalmGardensOnline.com. The site has extensive information for buyers looking for Arizona mobile homes for sale, and details on a variety of great mobile home and RV living options.

Article Source:http://www.articlesbase.com/real-estate-articles/retirement-living-an-environment-for-healthy-aging-932109.html

I currently rent a house which the owner decided to short sale. And by short sale, the owners stopped paying their mortgage for the last 3 months while i continued to pay my rent to them. I made an offer to purchase the house. With my offer already in place, do I still have to pay the rent while waiting for their lenders decision if they will take my offer?

I currently rent a house which the owner decided to short sale. And by short sale, the owners stopped paying their mortgage for the last 3 months while i continued to pay my rent to them. I made an offer to purchase the house. With my offer already in place, do I still have to pay the rent while waiting for their lenders decision if they will take my offer?

If you’ve fully committed yourself to real estate investing, your natural inclination will be to share your love of real estate with your children. This is a worthy goal, but there’s a right way and a wrong way of doing it. Follow my roadmap for entrepreneurship and your children will be poised for success, regardless of what they decide to do with their lives.

The first thing you need to keep in mind is that your children aren’t necessarily just younger versions of you. They will have their own wants and needs, but they will also naturally be curious about exactly what it is that you do.

There’s nothing wrong with exposing them to the world of real estate investing. As a matter of fact, exposure to real estate investing principles may help them to define very early in their lives what it is that they want to do for a living.  It can also serve a much larger purpose: It will give you lots of one-on-one time with your children and provide teachable moments; times that your children will look back on even decades later with warmth and fondness.  And believe me when I say this: You’ll get even more out of it! 

It’s important as you do this that you make this a fun process for your kids.  If the time you spend educating them about real estate investing and entrepreneurship feels more like an extension of school, they may not have fun.  If it isn’t fun for your kids, they may tune you out or resist learning the important principles you’re trying to teach them about.

The best way to expose your children to real estate is by providing them with general information about entrepreneurship and then giving them specific examples that relate to real estate investing. If they express an interest, continue. If not, pull back. If you force the issue you may completely turn them off to real estate investing.  What they learn from you can lay a foundation for a lifetime of wealth even if they ultimately decide that real estate investing isn’t the specific form of entrepreneurship that they’re interested in pursuing.  Here are a few other things you can do as well:

Setting goals – In many ways, children are hard-wired as natural goal-setters.  The problem is, they usually fail to follow through with concrete action.  Try teaching them how to reach a goal by breaking a single goal down into a series of easily reachable mini-goals.  For instance, if they want to buy a new DVD that costs $20 and they can save $5 per week towards that DVD, help them to make a chart that will help them to track their progress.  Every week when they save $5, let them color in the next portion of the chart that shows the progress that they have made.  You’ll be teaching them the importance of setting goals and following through on those goals with clearly defined steps that will help them to reach the goal of owning that new DVD.  Share in their excitement with them as they get even closer to reaching their goal – and then celebrate their “victory” when they buy the DVD.  Then go home and watch it together!

Motivation – One of the most difficult principles to teach a child is motivation.  They change speeds (and directions) so quickly that it’s often hard to keep up with them.  In order to help keep your kids motivated, it’s necessary that you provide them with plenty of encouragement and positive reinforcement.  For instance, if you’re teaching your child the importance of saving money for a rainy day (which is important in real estate investing and general entrepreneurship), they may want to tap into their rainy day fund every time they want something a day or two before they receive their allowance.  Remind your child of how much they have saved and that being patient now will pay huge dividends later.

Investing Principles – Children have no idea about what general investing principles are and how appreciation works.  It’s a very limited scale, but interest earned from a simple savings account can teach them the principle of appreciation.  Explain to your children that by holding onto an asset – in this case a savings account – that their investment will be worth more in a year than it is today.  Many times, you won’t need to do anything special to receive that benefit other than hold onto the asset.  As your children get older, you can show them on paper how real estate can get MUCH more valuable on an even more accelerated timeline.

Teaching your kids principles of entrepreneurship will come in handy if they ultimately decide to follow in your footsteps as a real estate investor.  However, these lessons have many other helpful applications in ensuring that they’ll have a good background in goal-setting, staying motivated, and the patience to be good investors, too.  Entrepreneurs and other go-getters are in relatively short supply.  By giving your children a broad knowledge base you can help to ensure a lifetime of prosperity for your kids – and you’ll be doing your part to help create another generation of success-minded Americans who will ultimately change the world for the better!

Charrissa Cawley has a long standing reputation for excellence as a gifted speaker, real estate trainer and wealth coach. She offers accurate and proven strategies to investors of all different levels and is the founder of www.reiconferences.com, and www.rewexclub.com.

Article Source:http://www.articlesbase.com/real-estate-articles/grooming-your-children-to-be-successful-entrepreneurs-930930.html

Contact Kelly Wargala at 480-229-6958 for more information. In the Heart of Scottsdale! Nice gated community. You can walk to the Borgata and Hilton Village, Trader Joe’s, and Aj’s. Less than 2 miles to Old town Scottsdale and the San Francisco Giants Spring Training Stadium near all the restaurants, clubs and shopping. Enjoy two fireplaces inside this two-story, well-kept home and one in the very private back area under the citrus trees.There are two spacious bedrooms with generous closets …

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