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Stay informed on the latest real estate trends in this January 2025 coaching call. We dive into high mortgage rates, their impact on housing affordability, inventory levels, and regional market dynamics. Gain insights into:
Discover valuable charts and data to guide your next real estate decision.
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Learn everything you need to know about life insurance in this comprehensive video:
✔️ What is life insurance and its importance? ✔️ Types of life insurance: term vs. permanent (whole life, universal, and more). ✔️ How cash value works as a savings component. ✔️ Using cash value loans for investments, emergencies, or other needs. We break down the basics and dive into real-world applications of life insurance. Got questions? Drop them in the comments! Discover how the 70% rule helps real estate investors and house flippers quickly evaluate potential deals.
In this video, we cover: ✔️ The 70% rule formula and how to calculate your maximum allowable offer. ✔️ Adjusting for renovations, holding costs, and profit margins. ✔️ When the rule works best—and its limitations in low and high-value markets. ✔️ Real-world examples to refine your approach. In this video, we analyze a single-family investment property in Indiana and share our strategy for a quick and profitable wholesale deal. Learn how we:
✔️ Found and secured the property at auction. ✔️ Evaluated comps and market conditions. ✔️ Calculated ROI for a simple buy-and-resell strategy. ✔️ Funded the deal using private lending and asset-based loans. We also discuss why private lending in real estate can offer better returns than traditional CDs or savings accounts. In this video, we break down how to navigate non-disclosure states like Texas where actual sale prices aren’t publicly disclosed on platforms like Zillow. 🏡💡
Learn a simple trick to estimate property sale prices: ✅ Use pending prices on Zillow as benchmarks. ✅ Compare similar properties in the area. ✅ Partner with a local agent to access MLS data for accurate comps. If you’re an investor buying in a non-disclosure state, this method can help you gauge property values, whether you’re bidding at auctions or working with wholesalers. 💬 Got questions about real estate investing in non-disclosure states? Drop them in the comments—we’re here to help! In this video, The Virtual Investor breaks down the latest foreclosure data for November 2024, courtesy of Attom Data. 📊🏡
Discover key trends, stats, and insights, including: ✅ Foreclosure starts and completion rates. ✅ Top states with the highest foreclosure percentages (Nevada, Florida, and Connecticut). ✅ Seasonal trends affecting foreclosure filings. ✅ A year-over-year increase in REO (bank-owned properties) completions. Foreclosures are a critical part of the real estate investment funnel, from default notices to scheduled auctions and REOs. Learn how these trends impact the market and what they mean for investors. 💬 Got questions about foreclosure data or investing? Drop them in the comments below—we’d love to help! In this video, we’re diving into three exciting real estate deals purchased through online bank auctions! 🏡💰 We walk through a detailed analysis of each property, including:
✅ Property details and photos. ✅ Renovation plans and funding strategies. ✅ Comparable sales and market analysis. ✅ Expected returns and multiple exit strategies. Featured Properties: 1️⃣ Louisiana: A move-in-ready single-family home with a solid profit margin. 2️⃣ San Antonio: A minor rehab project with great potential for returns. 3️⃣ Alabama: A versatile deal with multiple exit options for flippers, landlords, or retail buyers. Discover how we evaluate, bid, and plan for success with each property. If you’re interested in partnering with us or learning about future investment opportunities, feel free to email us at [email protected]. If you’ve explored Auction.com before, you may remember the previous limit on simultaneous bids—typically three or four, depending on your profile. Now, Auction.com has shifted to a Bid Deposit Agreement system. Here’s how it works:
Bid Deposit: Pay a $1,000 refundable deposit to activate unlimited bidding privileges. Refund Policy: The deposit is returned after closing a property or ending bids without a purchase. Purpose: This change discourages casual bidding, ensuring participants are serious about purchases. For more details, check out the FAQ section at Auction.com. Happy real estate auction bidding! Welcome back to The Virtual Investor! Michael and Paul are back with a detailed breakdown of their latest deal in Wisconsin.
Let’s take a look at how they acquired the property, the renovation process, and the final results. Acquisition and Funding This property was sourced through an online auction. They used a mix of private lenders for funding, and the initial goal was to complete a quick flip. The plan was to purchase the property for around $85,000 and sell for approximately $125,000 after minor renovations. Renovations The property had a mix of dated and updated features. While it wasn’t in bad shape, the team still invested just under $3,000 for some necessary fixes: cleaning, minor storm door repairs, kitchen updates, and lawn maintenance. These enhancements made the property more marketable. The Outcome What started as a projected 3-5 month flip ended up being 4-months. After accounting for all costs—purchase price, rehab expenses, holding costs, and agent commissions—the property sold for $117,000 (a bit under the anticipated $125,000). The final profit came in at about $12,160. Key Takeaways While this deal didn’t deliver the high returns they initially hoped for, it still resulted in a solid ROI, especially considering the relatively low-risk nature of the rural market. The team’s ability to work with private lenders kept capital requirements low, and the market demand in Ladysmith showed steady growth, making it a decent win. The key takeaway? Rural markets offer great opportunities with less competition and lower costs—though they may take a little longer to flip. What's Next? Looking ahead, Michael and Paul are preparing for more deals. They also note that they’re staying agile in response to the current market, where interest rates and inventory levels will play a big role in the spring market of 2025. Make sure to follow them for more updates, as they continue to leverage their knowledge of secondary and rural markets to maximize returns. And if you found this review helpful, don’t forget to give a like and stay tuned for more insights in future posts! Stay tuned for more updates, and happy investing! Owner financing can be a powerful strategy for investors looking to diversify beyond rental properties, offering steady income without the hassle of tenant management. Here’s a structured breakdown of owner-financing deals, including sample deals that demonstrate the potential returns on investment (ROI) and effective financing strategies:
Steps for Setting Up Owner-Financed Deals
Sample Deals for Owner Financing Sample 1: With a property purchased for around $12,000 and sold at $29,000, a small down payment led to a high mortgage interest rate. Over a five-year term, this generated a 200% ROI and a 60% annualized return, illustrating how high returns stem from note creation. Sample 2: Another deal with a $69,900 sale price and a 5.5% mortgage rate yielded over $120,000 across 15 years. With minimal upfront costs, the annual return remained substantial due to strategic loan structuring and steady monthly income. Sample 3: A high-performing deal involving a $35,000 sale and $20,000 down payment achieved an infinite ROI due to the initial down payment covering the purchase cost, offering a consistent 8% return over two years. These examples showcase the flexibility of owner financing, providing high returns with relatively low initial investments. This method allows investors to build profitable, reliable income streams with options to repeat the process, reinvest, or cash out as desired. Why Owner Financing?Owner financing offers multiple exit strategies: you can continue receiving payments, sell the property, or re-lease to another buyer if the initial deal falls through. It’s a great addition to any investor’s portfolio, yielding returns beyond those typical in stock portfolios or traditional investments. Whether you’re an experienced investor or new to real estate, owner financing can offer substantial returns and long-term growth potential, making it a strategy worth exploring. To learn more watch our video explaining the sample deals |
Paul & MichaelWe buy and sell real estate virtually all over the United States! Archives
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