Cancun MLS - Multiple Listing Service
Cancun MLS - Playa del Carmen and the Riviera Maya properties
Over 3000 properties in one website
http://www.bolsainmobiliariamexicana.org.mx
Cancun Real Estate - Luxury Properties - Cancun MLS
Cancun Real Estate - Luxury Properties - Cancun MLS
Cancun and The Riviera Maya Real Estate - Playa del Carmen
www.ricardobarraza.com
Cancun Luxury Residences - Luxury Properties
Cancun Luxury Residences
The number one source for luxury homes for sale in Cancun
Our extensive list of luxury homes for sale enables you to search and browse unique properties from Cancun, including Bahia Mujeres, Riviera Maya, Mayakoba, Banyan Tree, Capella Bahia Maroma, Nizuc luxury Residences,Playa del Carmen and Mexico.
luxury residences in cancun for sale,luxury homes, luxury condos,luxury real estate
http://www.cancunluxuryresidences.com/
Cancun Luxury Villa Rentals - Condos and Vacation Rentals
Cancun Luxury Villas Rentals - Whether you need a Luxury Villa, or a Resort in the perfect oceanfront setting for your dream vacation, Cancun Luxury Villa Rentals has what you want. Choose from many unique properties throughout the Cancun area.
http://www.cancunluxuryvillas.com
Cancun Presale Real Estate Developments - Luxury Properties - Cancun MLS
Cancun Real Estate Presale Developments offers all the presale developments i.e. condos,villas,lots, golf course properties,marina presale developments,Real estate in Cancun Mexico. Search for homes in Cancun, MLS MX / Bienes
Raices en Cancun en venta y renta.
http://www.cancunpresaledevelopments.com
Diva Limousine and Halcyon Jets Form a Strategic Alliance to Provide Seamless Luxury Jet Charter and Ground Transportation Services to their Elite Cli
This strategic alliance will give both companies a clear leading-edge in the marketplace as well redefine luxury jet charter and chauffeured ground transportation service.
Eichler Homes Real Estate Expert named Preferred Service Provider for San Francisco and Marin County
Eichler Network names Renee Adelmann preferred real estate agent for mid-century modern Eichler Home sales in both San Francisco & Marin, California.
Capella Castlemartyr Luxury Resort Unveils Ron Kirby Links-Style Golf Course & Clubhouse in Ireland
Capella Castlemartyr luxury resort unveils their newly designed Ron Kirby links-style, championship golf course and clubhouse in Cork, Ireland.
Sonoma County Appointed Special Advocates for Children Provides Stability and Love to County's Foster Children
The Sonoma County Court Appointed Special Advocates for Children (CASA) and its executive director, Millie Gibson, were recently featured in the Sonoma Index Tribune for reaching out to foster children by providing an adult mentor that will be a constant and loving presence to abused foster children until they are place in a safe and permanent home.
Atlanta Georgia Real Estate - Marietta - East Cobb, Roswell, and Alpharetta
Whether you're a "move up" home buyer, downsizing, or relocating to the metro Atlanta area, you'll find a diverse range of home styles and price ranges just north of downtown in the Marietta – East Cobb, Roswell, Alpharetta corridor. Featuring affordable single family homes, condominiums, townhouses, and luxury real estate, these communities also offer great schools and unbeatable location.
Discount Real Estate Services Expanded to Bloomington, Muncie, Southern Indiana and 18 Indiana Counties
"Fee for Services" Real Estate Business Now Offers Flat Fee MLS Services to Sellers in Over 62 Counties in Indiana and 10 Counties in Illinois.
Discount Real Estate Services Expanded to Terre Haute, Kokomo and 11 Indiana Counties
"Fee for Services" real estate business now offers reduced commissions to sellers in over 41 counties.
Atlanta Real Estate: Chastain Park for Old Luxury in a Modern Setting
Tucked away in one of the citys prestigious localities, Chastain Park exudes luxury with green foliage lining the streets. It has a gracious neighbourhood community and it contains one of Atlantas most coveted clubs, the Club Chastain. Every year, more and more people are investing in Chastain Park real estate because of its great location. It is also one of the most esteemed areas in Atlanta.
Executive Jet Management Expands Midway Airport Charter Office to Address Increasing Demand for Charter Services
Executive Jet® Management (EJM), a leading provider of worldwide private jet charter and aircraft management services, has expanded their Chicago Midway Airport office.
Atlanta Luxury Real Estate Firm Beacham and Company Launches AJAX Powered Website at Beacham.com
Glennis Beacham, who has been the top agent company-wide at Harry Norman, Realtors, for the past 11 years, opens her own firm Beacham and Company and launches a new high-tech website www.beacham.com. Beacham, who sells homes at an average price of $2 million or more and has sold in excess of $70 million annually for several years, will focus on Atlanta's booming luxury residential market. The new website features the latest in web technologies such as AJAX, DHTML, CSS, and FLASH to make property searches more dynamic and efficient.
La vida es hermosa in California: Orange County Real Estate Meets European Luxury
With the classical styling of the most discerning Europeans, this single level estate captures true splendor of Orange County homes and redefines the boundaries of luxury living.
Austrian Luxury Real Estate Market Still Bullish, Says CEO of Leading Luxury Real Estate Portal
Despite the present turmoil on the global Real Estate Markets and the financial crisis the recently launched Luxury Real Estate Portal www.EliteAlps.com is a full success. Due to high demand for Austrian Luxury Real Estate from wealthy individuals from all over the world, demand is outstripping supply in most hot spots in Austria and prices of those much sought after properties keep rising.
Magellan Jets Sets A New Standard For Private Jet Charter Membership Services
Magellan Jets Offers The First Ever On-Time Guarantee In The Private Jet Service Industry
Caribbean Real Estate Development Offering Luxury Villas
Sky Beach Club announces two villa floor plans in luxury Caribbean real estate development.
Why Corporate Jet Charter Services Are More Beneficial Than Owning A Private Jet
In the face of fierce global competition, cost efficiencies, and lurking terrorist threats, air travel became a burden instead a pleasure. Suddenly, time is a luxury, flexibility is critical, and safety the utmost priority. The tragic September 11 attacks further reinforced the need to increase security in every airport around the globe. Given these mounting challenges and growing passenger dissatisfaction, corporate jets are here to save the day. Moreover, travelers have an option to either use corporate jet charter services or purchase their own corporate jet.
|
 |
 |
Real Estate Investing with Bad Credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing. This is just one technique of the Option's strategy of investing but can be a power tool in your investors toolbox to help you control more real estate and build wealth. An option is an agreement to you from the seller that gives you the exclusive right to buy a property during a specified time and at a predetermined price but does not obligate you to make the purchase - This is why it's called the Option agreement. You option to buy - You option not to buy. Option investing works when you want to control more real estate with limited out of pocket cash or credit and works if you: Have no credit!
Can't pay cash!
Can't get a loan! I call this the "SWEAT OPTION". The sweat option works well if you have the ability to do the repairs yourself. Your key's in making a deal like this are: You need to know the basics of real estate investing
You need the forms to make this happen
You need to know the market area
You need to know the laws in your state
You need to know how to determine the value of the subject property
You need to know how to do a title search Most importantly you need to know how to find sellers that are motivated enough to work with you on this strategy of investing. I recommend that you farm out your market area looking for properties that are what we call in the industry FSBO's (For Sale by Owner). Go to your local library and start your research by looking at old newspapers starting with newspapers that are 90 days old and work your way through the FSBO's section making a list of possible deals. Working on a list of 30 or so. Call and see if the property is still on the market, if so make an appointment to see the property! You will find that none owner occupied properties work the best and you are looking for properties that can not compete well with other homes do to repairs that need to be done. Let's say the seller has a property that is worth $100,000 after the repairs. I like using a 5% rule for repairs - If the value of the property is $100,000 after repairs, I do not want to spend more than $5,000 or 5% in repairs. I would negotiate say an option purchase price of $80,000 for a period of 6 months or more and in the option agreement to perform the repairs at my cost to be my consideration for the option of purchase or should I say the $5,000 in repairs, materials cost and labor to be considered as credit towards the purchase of the property (My down payment) and what ever monthly payment we agree to and credit amount of that monthly payment. So let's say we agree to pay $600 a month with $100 a month credit towards the purchase. You start you're repairs and complete them in 30 days or less and let's say you purchased $1,500 in materials. Now you place the property on the market because you have the option to purchase "You have taken control of the property with your option". Let's say this deal has taken you 90 days from the beginning to the end. You find your buyer let's say at a great deal of $95,000 - $5,000 below market value at this point you would simply exercise your right to the purchase option and do a simultaneous close. Now let's run the numbers Your option purchase was $80,000
Your option credit of $5,300 (Repairs, materials cost, labor & monthly credit)
Your purchase price after credits $74,700
Your buyer purchase price of $95,000 Leaving you a gross profit of $20,300 You had out of pocket material cost of $1,500
You had 3 payments of $600 each with $100 for the credit purchase with an out of pocket of $1,500 Carrying cost of $600, (Real estate taxes $300 &$300 Utilities)
Advertising cost $300
Closing cost $1,300 Your net profit $15,100 You simply took control of a $100,000 property for $3,900 (payments, materials, utilities, and advertising) and turned a profit of $15,100 in 90 days! Look at it this way you can make it a cash purchase at $80,000 and take control of one property or be a little creative and take control of the same property for less than $4,000. Both conservative and creative deals work in the world of real estate investing. Good luck and I hope this will help some of you! Copyright 2005 JMichael Investments You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated - send to John@jmichaelrei.com "Join me in the Bahamas or Marietta Georgia"
John Michael - Investor/REI Teacher Join me on a Bahamas Cruise: http://www.realesmartplanner.com Join me in Marietta Georgia: http://jmichaelrei.com/html/rei_seminars.html My site: http://www.jmichaelrei.com/ Email: John@jmichaelrei.com
|
