Below are the 4 most recent journal entries recorded in goldrush2211's InsaneJournal:

Saturday, March 13th, 2010
4:13 pm	Commercial Short Sales vs Residential What Makes the Difference Have you been wondering what are the pros and cons of both commercial and residential real estate investing? Read on and find out which is best for you. There are a number of differences between commercial and residential properties. There is far less competition in commercial than residential. In some cases it is easier to finance commercial property than it is to finance residential. In residential the value of your house basically is determined by the house next door and the one across the street and the one 2 blocks over. In commercial real estate you could have 2 buildings next to each other and 1 could be 400 units and the other one could be 12 units. Unlike houses, with commercial real estate you have to keep finding deal after deal to make more money. On the other hand, over 120 banks failed in residential and over 700 are predicted to fail in commercial. For commercial property whether you are looking at office or industry or retail or apartments, remember to focus on apartments for your first deal. Everybody who is into real estate investing understands how apartments. Apartments are a wonderful thing to combine with residential flipping strategy to really augment your wealth and begin to set you up long term for life. The way the value of an apartment complex is determined is partially based on the income of the property, the more income the property takes in the more it is going to be worth. The value of a commercial property is based on the income it produces and because you can to some extent control the income, you can control the value of your property regardless of the market. What’s more? Well, the values of commercial real estate are based on rents. Higher demand for apartments means higher rents and higher values which adds up to higher profits for investors. The truth is you invest in a lot of commercial properties for different reasons than you invest in residential property. You can use your residential investing strategies into commercial strategy because you can make large chunks of cash flipping houses and you can with apartments too. Whether it’s a residential or commercial deal, you can start small. All you need is to do a deal. Listen to all of the strategies, take notes and choose the strategy or two that you think will work best for you, but learn about them all. Commercial Foreclosures Commercial Foreclosures For more on Commercial Foreclosures and Commercial Short Sales check out our website. Learn the difference between Commercial vs. Residential Real Estate and find out what works best for you. (Comment on this)
4:13 pm	How to Profit in Commercial Short Sales and Apartment Foreclosures One of the bare basic lessons of real estate is that it is just as easy to flip a house for $10,000 as it is for $100,000. You can invest in real estate using your IRA. You can invest in real estate using other people’s IRA’s. You can start with something that will generate $3,000 a month then go flip another house and do some short sales in the residential arena. If you don't have lots of money and cash in the bank then there is no need to worry. You can still get into commercial short sales and apartment foreclosures. How is this possible? Well, there are many commercial loans that are assumable. There are also cash flow mortgages that some lenders will do. You also have tax credits, lease options, FHA financing and more. Residential foreclosures mean huge demand for apartments. People need a place to live after they lose their house. Over the next two years there will be tons of apartment foreclosures. This is because investors bought apartments with short-term debt when the market was hot a few years ago. Now those short-term loans are coming due and investors can't refinance. Even though the rents are coming in and they have the money to make the payments, they can't qualify for new financing because the values are less than what is owed and banks would not refinance. Now is the time to scoop these performing properties at huge discounts before the values go back up again. You should also get educated on everything you can right now. Remember that no matter what the economy is doing, people are always going to need a place to live. On the other hand, you don’t buy when you are at the top of the market, you buy when you are at the bottom and that’s where the profits and the money are made. Depending on what you buy, is how to identify which market to buy, increase the value of your building, not the market. Furthermore, apartments are a wonderful thing to combine with residential flipping strategy to really augment your wealth and begin to set you up long term for life. The secret to profits in commercial real estate is learning how to dramatically increase the property values without spending a dime. You can also increase your monthly cash flow by creating higher rents and lower vacancies. So it is important to know where to track commercial properties in distress. Knowing this keeps profitable deals in the pipeline. Commercial Foreclosures Commercial Foreclosure For more on Commercial Foreclosures and Commercial Short Sales check out our website. Learn the difference between Commercial vs. Residential Real Estate and find out what works best for you. (Comment on this)
4:13 pm	How to Make Money with Commercial Foreclosures Do you know that you can create wealth in commercial real estate while reducing the risks even in troubled economies? So what do you need in order to be successful investing in apartments, self-storage and other commercial real estate assets? Commercial Real Estate is anything 5 units and up so if you are 4-plex and many people probably have bought a 4-plex or don’t have any fears about buying a 4-plex that is residential. Cash Flow Mortgages are where the lender will let you take a percentage of the income and make the payment. Commercial foreclosures give the business owners and the real estate investors a chance to find properties priced below market value. Now, take note that 68% of every gas station, hotel, retail mall, restaurant, every commercial kind of a building are going to need to have their debt refinanced and most of them are down under water and are going to be headed to foreclosure. This is quite an opportunity for you. The way the value of an apartment complex is determined is partially based on the income of the property, the more income the property takes in the more it is going to be worth. The value of a commercial property is based on the income it produces and because you can to some extent control the income, you can control the value of your property regardless of the market. Don’t you have to have a lot of money, a lot of cash in the bank to get into commercial real estate? The answer is, not necessarily. There are solutions to that problem. Many commercial loans are assumable. Many will allow a seller carry back. There are cash flow mortgages that some lenders will do. Apart from that there are lease option, tax credits and there are FHA financing. There are also a number of things you can do once you found an amazing opportunity to purchase performing apartments and other commercial properties. You can buy performing properties in foreclosure and flip them, keep them, option them, rehab them, or you can also rent them. The best thing is that you can make enough money just by doing one deal. You don’t have to go and buy million dollar properties or 200 units, just buy 20 units, 1 building. Depending on what you buy, is how to identify which market to buy. Remember that whether it’s a residential or commercial deal, you can start small. Just do a deal. Commercial Foreclosures commercial property foreclosure Get your exclusive Commercial Foreclosure Gold Rush instant access right now and start learning how to make money with Commercial Foreclosures. You can visit our site for additional details on Commercial Real Estate. (Comment on this)
4:13 pm	How to Work on Commercial Properties in Foreclosure You may have wondered if commercial real estate is still hot nowadays. On the other hand you may be frustrated with all of the troubles that are currently going on in the residential market wishing you had an access to a whole new market that other investors may not have known about. You may also have wondered how to work on commercial properties in foreclosure. There are actually thousands of sellers almost no one really knows about who are desperate to sell their properties. Commercial real estate includes everything that is from multi-family properties to office buildings, to industrial and more. Commercial Real Estate is anything 5 units and up so if you are 4-plex and many people probably have bought a 4-plex or don’t have any fears about buying a 4-plex, then that is residential. Now, what if you can find sellers who controlled numerous properties and their only job is to dispose those properties as quickly as they could at a huge discount, let's say pennies on the dollar? Wouldn't it be great? That is the world of the lenders having foreclosed commercial properties. Commercial foreclosure on the other hand allows the business owners and the real estate investors to find properties that are priced below market value. You can find an amazing opportunity to buy performing apartments and other commercial property. You can buy wonderfully performing properties in foreclosure. You can flip them, keep them, rehab them, option them, or rent them. Good thing is you can do one deal and make enough money. If you are tired of investing in a very competitive single family residential market then it is time to venture into this opportunity. If you want to take your commercial investing into a higher level, then think about it. You can potentially profit by getting into the business of commercial real estate. So what's best about this business? The answer is you can do it with just a few hours in a week of work right from your home. Successful commercial real estate investors will teach you exactly what they know about the business, but what's more, they will show you how to do what they do. Find the right person who will show you how to work on commercial properties in foreclosure. Make sure you are on the cutting edge of the latest information about the most profitable opportunities in the commercial real estate market. Commercial Foreclosures Commercial Foreclosures Get your exclusive Commercial Foreclosure Gold Rush instant access right now and start learning how to make money with Commercial Foreclosures. You can visit our site for additional details on Commercial Real Estate. (Comment on this)