Fort Worth Wholesale Property:Our Network Makes Buying Real Estate Easy

Fort Worth Wholesale Property:Our Network Makes Buying Real Estate Easy

The Marshall Reddick Real Estate Network makes it possible for members to easily purchase rental property in hand-picked areas of the United States that offer appreciation or cash flow (sometimes both). The Network enters into arrangements with what it believes are outstanding real estate professionals, competitive lenders, and providers of nationwide insurance. The Network also endeavors to provide members with access to financial services professionals and offers free mentoring services with experienced counselors. The Network’s goal is help its members achieve financial independence through real estate seminars about real estate ownership and management.

Marshall Reddick, a college professor and real estate professional, started the Network and its many real estate services because, although the seminars and classes he gave were very well-liked and his students got fired up about owning real estate, very few actually went on to buy Property. As an educator, he was very puzzled by this.

What he realized was that most people don’t have the time or resources to devote to the work of finding the best rental properties-especially if those properties are out of state-and then buying them and keeping them rented out. In addition, some people are intimidated or scared about buying real estate and they may need direction and hand-holding all through the process. That is why he came up with the concept of “Armchair Investing.”* To educate and assist our members in purchasing property, we host over 120 real estate workshops a year.

During the peak of the real estate market prior to 2006, the Network used to feature new preconstruction homes, which are normally easier to rent and draw higher cash flow. Now we have adapted to the new market and are offering new real estate seminars around our new changes. With the market downturn we started selling REO bank-owned foreclosures, VA foreclosures, and other types of undervalued properties-many with built-in equity, available fix-up crews, and incredible financing options.

When you buy a property through our Network, the selling agent pays us a referral fee. This is how we are able to continue the Network.

Once you attend a Marshall Reddick Real Estate Network club meeting, you and your spouse, (if married) can automatically join by filling out an Expression of Interest form. Membership and many of our events are free. You will come to find out that our Network is the only real estate network of its kind.

Learn more about Real Estate Investing. Stop by Marshall Reddick’s site where you can find out which is the best Real Estate Seminar and what it can do for you.

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Creative Methods For Real Estate Investing

Creative real estate investing is a different way of obtaining real estate than traditional methods. Most buyers will obtain a mortgage from a bank and provide a down payment. Some buyers will pay cash but most buyers don’t have a lot of money laying around.

One method of creative real estate investing is an option. This is when the property is being sold to a buyer at a specified price or strike price during a certain period of time. The owner will sell the buyer an option before a determined date. On the determined date, the buyer can complete the purchase of the option or sell it to another buyer. This will depend on the value of the house. An option is used to buy a house with little cash.

The sandwich lease is a method of creative real estate investing that occurs when a tenant wants to leave their unit without having the option to leave written into their lease. To get out of their lease, the investor would find a replacement tenant who becomes their tenant and not the landlord’s tenant. The replacement will pay the rent to the investor who pays the landlord and keeps the profit. The new tenant will contact the landlord if they have problems with the unit. At the end of the lease, they will notify the landlord and not the investor. Their next lease will make them a tenant of the landlord.

A wholesale is when an investor buys large quantities of real estate from the bank and sells them quickly for a small profit. Distressed buyers will make a deal with the bank who will sell to the wholesalers. After buying the house from the bank, the wholesaler can make a quick profit by selling the house at markup.

A tax lien or deed is when the state sells a property after the taxes have not been paid. The owners of the property are given a certain period of time to pay their taxes. If the taxes are not paid in this time, the state will sell the home. Some states sell the tax lien at an auction. Depending on the state, the investor can obtain the property for the amount that is owed. Some states will start the auction at that price. The investor will own the property free and clear. Other states will sell the deed at a public sale. The investor can still get a great price and many have the convenience of buying the properties online.

Learn more about Creative Real Estate Investing. Stop by No Risk Investor where you can find out all about Government Tax Foreclosure Properties and how to use them for your advantage.

categories: creative real estate investing,property tax sales,property tax auctions,tax lien investing,tax deeds,homes,real estate,small business,business,general

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Are Tax Lien Certificate Sales A Good Idea?

The financial world of the last eighteen months has not been too trusting. It has made the average investor reluctant to make any changes in their portfolio, if they have anything left. Many don’t. Those who do have monies left to invest are not so sure they want to go with a new idea that may sound wonderful, but could collapse in a year or so. Trust is a big issue in today’s investment world. Tax lien certificate sales may sound like a possibility for a young couple, maybe in their early thirties with some money to put away. But as they read about it, they get confused and do not know where to begin.

Tax lien certificate sales basically comes in two forms: 1) Tax Deed OTC Lists and Tax Lien OTC Lists. If there are homes that have gone into foreclosure, the county takes possession of the title to the deed and puts the home up for auction. If the home does not sell at auction, you can purchase the Tax Lien after the redemption period has started. You can ultimately foreclose on the home if the lien is not paid. If the lien is paid, you get your money back plus interest.

Tax Deed certificate sales can be purchased from the county for the delinquent taxes after the redemption has expired. You are free to sell it, fix it up and sell, etc.

Reputable organizations will have lists of properties in foreclosure all over this country and the world. Since this sort of investment is pretty mind boggling, they are here to help you. Of course, you have to pay an entry fee to join their organization, but the promise of high returns on your investment is pretty high. One organization promises a trial return profit of 1000% on your $200 investment. Others promise that some land goes for as low as $1000 and houses for as low as $5000. The Internet is full of organizations and clubs who offer to help you to invest your money. Others insist you go to someplace like Schwab, or to a local investor. It is your money, you have worked hard to earn it.

Tax lien certificate sales is a good way to make some good money, but be cautions, and be sure you are confident with your investor before you invest all of your money into one fund. Good Luck.

If you’re looking to find the best strategies on tax lien certificate sales, then visit www.noriskinvestor.com to find the best advice on property tax sales and other real estate investment opportunities.

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