Ki Gray
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Article
How To Avoid Pain At The Pump
Rising gas prices along with general increases in cost of living across the board are forcing many people to tighten their budgets and cut excess spending. In order to maintain a certain standard of living, people everywhere are looking for new ways to stretch their paychecks and make ends meet. While most people cannot realistically cut the cost of gasoline from their budgets, millions are finding ways to creatively cut back on fuel costs. Here are just a few ways you can he
August 13, 2008
Article
Selecting A Good Price for Your Home Purchase
Establishing a good price to offer on the home you have selected is a big step in reaching the goal of actually buying the right home for you. Your Realtor has helped you select the right Lender for your portfolio and has also worked with you ((to)) select a good neighborhood and to understand the current dynamics of your real estate market. Now you need to begin to put all this together to craft a price point to use in ((your)) negotiations with the Seller. Selecting a good
September 25, 2007
Article
What to Look For in a Condo Conversion
When youâre thinking about investing in an apartment thatâs been renovated into a condo, there are several things to look for. A conversion isnât as simple as it may seem on the surfaceâa lot of work (or lack there of) goes into making a place that was once leased out into a permanent home.nn1)Common SpacenMany apartment complexes are designed for working people who commuteâstudents who come home at night for school, dayshift employees who return to their rented one
August 22, 2007
Article
A Guide to Buying your First Rental Property and Becoming a Landlord
When you are buying your first rental property and becoming a landlord, there is lots to learn. How do I find tenants? What should I charge for rent? Should I update the places to get more rent? How do I tell the tenants they are late on rent?nnI have read a lot about how you have rule with an iron fist to keep your tenants in line. Our philosophy is much more laid back, and it has worked out well for us. Every property is different, but this was our experience.nnOur first re
August 22, 2007
Article
The Benefits of Buying Real Estate in a Bad Neighborhood
When people call me, typically one of the first requests they make is for a house in a "nice" neighborhood. And this makes sense to want a neighborhood that is safe and enjoyable. But there are some benefits to buying real estate in the rough part of town or on the wrong side of the tracks. This article highlights some of them.nn- There is less worry of your neighborhood going downhill because it is already downhill. Good neighborhoods can get bad and bad neighborhoods can ge
August 22, 2007
Article
Finding your Maximum House Price
When someone decides to buy a house, one of the first tasks is to talk to a lender and determine the maximum loan they can get. The max loan will determine the cap on real estate prices for the buyer. There's lots of calculators out there that will help determine this.nnBut what if you want to have a certain payment per month and you want to know what the max house price would be for that payment? For example, you are renting at $800 per month right now, and you could deal wi
August 22, 2007
Article
Run the Numbers Before Buying an Investment Property
People talk about running the numbers before buying an investment property, but what are the numbers and how do you get accurate numbers? Running the wrong numbers can make the difference of making $500 or losing $1000 per month. In this article we will go through the costs and factors to consider to make your investments successful. nnRENTAL INCOME nnRental income is not as straight-forward as it seems. Sometimes properties are under-rented and sometimes properties are over-
August 22, 2007
Article
Run the Numbers Before Buying an Investment Property
People talk about running the numbers before buying an investment property, but what are the numbers and how do you get accurate numbers? Running the wrong numbers can make the difference of making $500 or losing $1000 per month. In this article we will go through the costs and factors to consider to make your investments successful. nnRENTAL INCOME nnRental income is not as straight-forward as it seems. Sometimes properties are under-rented and sometimes properties are over-
July 8, 2007
Article
A guide for how to go into foreclosure
There have been a lot of books and late night infomercials on how to become rich through real estate. Apparently, you can become rich overnight. Neat. But, no one has really written a good guide on how to go bankrupt. Sure everyone is doing it, but how can you get in on the action. nnFirst, watch the late night infomercials on TV. And possibly order some real estate tapes from Carlton Sheets. This will provide you with a positive upbeat attitude and a sense of false confidenc
June 20, 2007
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