Real Estate

I live in Los Angeles and I am considering purchasing realestate in texas. I am trying to generate positive cash flow. I am looking for 1 stop place where broker can help me purchase and help me with property management. Since I live in LA it has to be someone extremely responsible and knowledgeble. If you had positive experience in this area please let me know who I should contact

You’re too late. Too many investors have already bought, driving sale prices up and driving rental prices down.

In San Antonio, there are new, never been lived in houses, sitting vacant since July because they’re not renting. Also, when they do rent it will not be for a positive cash flow.

The average sale price in San Antonio is about $165K. A house in that price range, bought with a 5% down payment and 6% interest will have a mortgage (with escrows for tax and insurance) of about $1,600. That house will then be able to rent for about $975 to $1,150.

My broker is a full time property manager and this past summer was getting calls from SO many California investors who had just bought houses that they wanted him to rent for them. Their hearts were broken when he told them the facts of how much they could rent for.

What is a good website for looking at houses for sale. I’ve already checked out local newspapers, Realtor.com, Realestate.com, and yahoo realestate, anywhere else… I’m just really doing research and we’re not ready to talk to a realtor just yet…
I didn’t think about Craigslist!

Thanks!

Just so you don’t waste your time, 99% of real estate websites get their data from the same source as Realtor.com so they won’t have listings it doesn’t.

eBay has a real estate section, though I wouldn’t buy a house that way.

Will a realtor be willing to sign a contract that states their commission is anything above a certain dollar. I need to clear $300,000 so I want the contract to say that their commission is anything above $300K. So if it sells for $320,000, they get $20,000…if it sells for $301,000 they get $1,000. Would a realtor do that? Can they do that? I spoke with realtors and they say they would list it for $319,000 and I should have no problem getting $315,000.

This is a net listing and is NOT legal.

The realtor has no way to effect the market value of your home. It will sell for what it’s worth. Just because you ‘need’ it to sell for 300k doesn’t mean that it will.

It does vary from state to state, but generally you just take your pre-license course, pass the exam, pay all the fees, and you are in! I will say that it takes money to make money in this feild and the more sales/marketing/executive experience you have the more likely you are to succeed.

If you do decide to and become licensed, make sure that you REALLY interview brokers. Find one that provides you with leads and good training.

Ok so long story short ….I am getting screwed by my broker he is charging me over 4000.00 more then origanial quoted and then he didn’t give me my GFE till 3 days ago a month & 10 days after I signed it. I was going with another lender at first who now that I can compare was going to give me a way better deal. My realestate agent says she will take care of it but if she cant I want to change lenders. How far would I go passed closing? I already have had a Va inspection but she said we may not be able to transfer it to a new lender if the inspector is not on there list? What is involved with transfering this close to closing? Please help!!!!
Ok so my broker broke respa not giving me the GFE within 3 days. So I wouldn’t have been able to review the costs and espcially so I couldn’t compare it to the one I had had from my another lender. It is a long story but if my Realestate agent doesn’t take care of it I want to change bokers/ lenders. I am asking how to do that and how bad it will mess everything up? F.Y.I. GFE is a good faith estatement
Also it will cost me 150.00 every day past the day of closing and the house is a forclosure and is owned by a bank not sure if that is important. Thanks for any help!

Tell the seller that you will release your entire earnest money today in return for a 15 day extension of the purchase contract. Then get your loan to a broker who won’t cheat you. Switch today..

Now that corporations have unlimited access to influencing government, how long before china, Saudi Arabia, Russia, and EU pipeline their agendas through the corporations, of their prospective countries.

a) 1 years (congress)
b) 3 years (presidency and congress)
c) 5 years (congress )
d) 8 years (presidency and congress)
e) ?

By the way, you can thank republicans for putting America up for sale to the international community. America will now be expected to tap dance to the tone of the highest bitter. Now it is officially a whore.

Get ready people, because the New World Order is upon us. And republicans have put them on the drivers seat.

We used to have statesmen,
then they became politicians,
now they will become prostitutes.

I am predicting $6 million for a representative, and $8 million for a senator.

Governors will go relatively cheaply, at anywhere from $2-5 million.

"Hi texas, this is your new representative…sponsored by exxon…"

i am an independent employer, working to get people to buy or invest in realestate in Dubai. I need some kind of software that would organize my contacts/signed deals via the Net so that i don’t get scammed and keep track of my commisions for each project.

Outlook has a good contact manager, is ok for tracking billings.

Quickbooks is good for tracking billing, and ok for contacts.

A simple list in Excel or Word may be your best bet.

The two biggest concerns are whether you are adequately capitalized to start a business and whether you have the necessary discipline to save money when times are good so that you can stay in business when the real estate market slows down, as it inevitably will. Real estate is a very cyclical business.

When you are just starting out, you likely will have more expenses than income for the first 6-12 months. So, you need to be financially prepared to pay for advertisements, business cards, networking, driving around, etc. Even if you get a sale in the first few months, it takes 30-60 days to get your commission paid (at closing).

Right now, the housing market is in a down cycle. But if you have enough money to stick it out, and you’re genuinely interested in the work, you can turn these circumstances to your advantage. During a down market, the agents with staying power are the ones who benefit once the market makes a comeback.

Once that happens, it is very important that you stash some extra money away for the times when the market cycles down again.

Good luck!

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http://www.Kerala-re.com is a online real estate property advertisement solution which lists hundreds of properties for sale and lease in different property categories. The realestate property registration and real estate property searches are for FREE.

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