Articles For Aspiring & Active Real Estate Investors
Ever since the pandemic broke out and full-time life behind the Zoom screen became a reality, investors - professional and amateur alike - have been seeking out ways to make a little extra cash with their spare time.
Perhaps you are looking to ditch the 9-5 mentality we’ve grown up to believe in. Perhaps you are looking to scrape out a couple of extra bucks to make ends meet and help weather the Covid storm. Or, maybe you are just looking to tap into a new industry and make a nice return while contemplating your next professional move.
Regardless of your intentions, one of the ultimate side hustles out there you need to consider is within the real estate market.
Interested in learning more about real estate side hustles? Here's what you'll learn:
Georgia is considered one of the primary economic hubs of the southern United States.
Centrally located between Florida, the Carolinas, and the Atlantic Ocean, the state is home to Atlanta, a modern, dynamic metro area that is Georgia’s capital and home to six million people.
According to World Population Review, the state also has the distinction of being the largest east of the Mississippi River and boasts a healthy homeownership rate of 63.3%
This means the housing market in Georgia remains strong, with lots of transactional opportunities for people considering a real estate career.
Many opt for a traditional career path, but others are also intrigued by the possibility of wholesaling real estate in Georgia as a viable alternative.
Real estate investing is an exciting financial strategy for so many because it is a timeless and proven way to generate wealth in any economy. A 2021 PWC real estate study highlighted this confidence in the market, citing that almost 35% of current investors feel confident making long-term and strategic real estate decisions even in this uncertain environment.
So it is no surprise that many seek opportunities to dive into the world of real estate investing and learn as quickly as they can. Real estate investments can be incredibly exciting and overwhelming at the same time, particularly for new investors trying to break into the industry.
Becoming a real estate bird dog is one strategy used by novice investors to learn their local markets while making money relatively quickly and easily compared to other investing strategies.
Many real estate wholesalers start out as bird dogs and progress into owning their own profitable wholesaling investing businesses as they gain skills,...
According to the U.S. Census, nearly 31 million people moved in 2019. While not all are homeowners, at least one-third of those individuals were buying and selling their homes.
Additionally, the National Association of Realtors states that the main motivation for the people who sold their homes was due to proximity to friends and family (16%), small spacing (13%), and job relocation (11%).
With the number of people constantly moving around, finding a property for sale is the easy part. Identifying properties with motivated sellers is where you want to focus your efforts as a real estate investor in order to find incredible deals.
You're in luck because we are here to help you find truly life-changing real estate opportunities with this guide, Motivated Sellers: How To Find and Negotiate With Them. (Use this menu to jump to your section of choice:)
South Carolina is a beautiful and diverse state, steeped in history and with picture-perfect small towns, and friendly locals everywhere you go.
Many people call the Palmetto State home, and more people want to live here than ever before. The same holds true for the entire southeast United States, as more and more people migrate to nearby states such as North Carolina, Georgia, and Florida.
That means there are all kinds of opportunities to do well in the real estate industry. Many people make a great living as traditional agents and brokers, others as real estate investors.
Still, more and more, many people are looking for a flexible alternative which is why many people are exploring real estate wholesaling as a possible career.
The first questions many people ask is whether or not wholesaling is legal in South Carolina?
And if so, what else do I need to know?
Here are some of the answers for you.
One of the biggest fears of newbie real estate investors is getting a conversation started with a potential property owner. Many real estate investors shy away from cold calling for fear of rejection.
A 2019 sales study found that over 40% of sales professionals consider initial prospecting---including cold calling---to be the toughest part of the entire sales process.
When done correctly, cold calling can be an effective part of a real estate investor’s overall lead generation strategy.
For this strategy to work in real estate investing, the investor must consider a few elements:
Read on below to learn more about creating the ultimate Wholesaling Cold Calling Script!
Every property owner in the United States, regardless of the property size or if the mortgage is paid in full, will pay taxes on the land itself. In fact, property tax collection revenue accounts for 72% of all local tax revenue collected annually.
Real estate tax revenue is a foundational source of revenue for local counties to keep running. But what happens when property owners are unable to pay their property taxes?
Tax delinquent properties can become a burden to the collecting county or state. However, savvy real estate investors understand that tax lien investing or wholesaling tax delinquent properties can provide a great solution to these motivated sellers while creating an optimal investment opportunity.
Often, investors who are willing to tackle wholesaling tax delinquent properties will also have experience working with distressed sellers on foreclosure or pre-foreclosure deals.
Interested to learn more about this untapped and profitable real estate investing...
If you’re seeking a rewarding career in real estate investing, you might want to consider the flexibility and creativity of starting a Louisiana wholesaling business.
There are several things to know, starting with the most basic of all questions.
Is wholesaling real estate in Louisiana even legal?
Here are some answers for you.
The key to wholesaling houses in Louisiana is that there are statutes and rules you must follow to comply with the law as set forth by the Louisiana Real Estate Commission...
As of August 2020, one in every 13,791 housing units has a foreclosure filing against it. While national foreclosures and short sale numbers are down over last year, the numbers are steadily increasing over last month. The top three states in the US to have foreclosure filings are South Carolina, Florida and Iowa.
So, what does this mean for the overall real estate market? Given the pandemic and subsequent economic fallout, increasing foreclosures may become more prevalent as job losses continue and unemployment rates remain high.
The foreclosure process is both emotionally and logistically painful for the affected homeowner. The homeowner will face not only the loss of a home, but severe damage to his or her credit.
A real estate investor’s primary job is to find problems and identify creative, win-win solutions for all of the involved parties. Foreclosure investing is a perfect way to make these solutions. When a solution is found, then money is made!
In today’s ever-changing economic and real estate climate, it is vitally important for real estate investors to understand and implement many types of investing strategies. This will help them pivot effectively and maintain a strong position should the real estate market unexpectedly turn.
Understanding wholesaling lease options is a versatile strategy for new and experienced investors alike. Whether real estate is your part-time or full-time job, this is a terrific option to add to your real estate investing portfolio.
By reading this ultimate guide on wholesale lease options, you’ll enjoy the following benefits: