Archive for 'REI tools' Category
Looking for a quick/effective way to analyze rental properties? Check this out!
30 November 2006I’ve been analyzing rental properties for years and the “number #1 “ time consuming activity is running the numbers and making offers.
The most important lesson I’ve learned is creating systems to run your business more efficiently. In evaluating rental property, this spreadsheet is a must have!
Using my Real Estate Rental analyzer you can […]
Tip #5 Look at assessor data to determine comps on new construction
6 October 2006I am under contract on a new construction house right now so I had an interest in researching comps. At first it was difficult to comp these properties because the subdivision is so new , nobody has sold a house! In addition, its tough to compare properties in the surrounding areas because they […]
New Book Review, “Weekend Millionaire Mindset” by Mike Summey & Roger Dawson
30 September 2006When I head into the hills on vacation, I usually pick up a new book release to help pass the time. This trip, I chose Mike Summey’s and Roger Dawson’s NEW book , ” Weekend Millionaire Mindset: How ordinary people can achieve extraordinary success”. I was impressed with the simplicity and writing style […]
Part #2 Analysis of a fix and flip
19 September 2006I wanted to focus this discussion on using existing equity for the fix and flip loan program. Below is a quote from a mortgage broker conversation.
1) Please explain how the cross-collateralization works for the down payment on the 90% interest only fix and flip loan. What are the fees involved to use cross-col?
1) Our cross-collateralization […]
REI Book Review - The weekend millionaire’s Secrets to investing
11 September 2006Have you ever read a book that you like so much that you buy it for family and friends looking to better their lives? I’ve read “Weekend Millionaire’s Secrets to Investing in Real Estate” by Mike Summey and Roger Dawson several times and I have personally given almost ten of these books to friends.
If […]
Tip # 3 Use Zillow.com for free property evaluations.
3 September 2006If you’ve been in real estate for awhile, I’m sure you’ve heard of www.zillow.com. Zillow is a relatively new site that provides instant values to properties nation wide.
I critically analyzed this site again recently and I am happy to report that www.Zillow.com is getting much better in predicting real estate comps.
Early this year, […]