Comments on: Potential Short Term Real Estate Investments http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/ Real Estate Investment Education Tue, 06 Jan 2009 10:16:18 +0000 http://wordpress.org/?v=2.5.1 By: Bob Simpson http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19501 Bob Simpson Fri, 25 Apr 2008 05:42:34 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19501 A key factor in all of this is being patient. Being able to wait with money in the bank until the right opportunity comes along. A key factor in all of this is being patient. Being able to wait with money in the bank until the right opportunity comes along.

]]> By: Lyn Smith http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19500 Lyn Smith Fri, 25 Apr 2008 05:39:41 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19500 Apparently their is also potential for short term real estate investments in the virtual world - but I don't really understand what this is. Apparently their is also potential for short term real estate investments in the virtual world - but I don’t really understand what this is.

]]> By: Alec Bobdon http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19241 Alec Bobdon Mon, 21 Apr 2008 09:26:39 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-19241 One thing that buyers have to be careful of is people doing No. 1: fix and flip, and trying to squeeze as much profits as they can out of the transaction by using very low quality materials in the refurbishment. I've seen some real cardboard interiors. They look nice, but will fall to bits after 1 year. One thing that buyers have to be careful of is people doing No. 1: fix and flip, and trying to squeeze as much profits as they can out of the transaction by using very low quality materials in the refurbishment. I’ve seen some real cardboard interiors. They look nice, but will fall to bits after 1 year.

]]> By: Peter Bland http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-18784 Peter Bland Sat, 12 Apr 2008 03:31:52 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-18784 When looking to make money with option number 1: "Fix and Flip", I usually go by this formula to calculate the suitable purchase price: (expected Sales price after renovation x 75%) - cost of renovation = My Offer Price When looking to make money with option number 1: “Fix and Flip”, I usually go by this formula to calculate the suitable purchase price:

(expected Sales price after renovation x 75%) - cost of renovation = My Offer Price

]]> By: Peter Bland http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-18783 Peter Bland Sat, 12 Apr 2008 03:30:37 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-18783 If you are looking to make money with option number 1: "Fix and Flip", then I usually go by this formula to calculate the suitable purchase price: (expected Sales price after renovation x 75%) - cost of renovation = My Offer Price If you are looking to make money with option number 1: “Fix and Flip”, then I usually go by this formula to calculate the suitable purchase price:

(expected Sales price after renovation x 75%) - cost of renovation = My Offer Price

]]> By: Middle Class Millionaires : Real Estate Investment Blog Roundup #1 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17674 Middle Class Millionaires : Real Estate Investment Blog Roundup #1 Sat, 22 Mar 2008 14:41:07 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17674 [...] Upon On the Road Some reminders of types of short term deals that you can look for. Roger also made such a list a couple of months ago, along with a list for mid term and long term deals, too. Posted by [...] [...] Upon On the Road Some reminders of types of short term deals that you can look for. Roger also made such a list a couple of months ago, along with a list for mid term and long term deals, too. Posted by [...]

]]> By: Bryce Beattie http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17624 Bryce Beattie Fri, 21 Mar 2008 15:53:08 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17624 Tim - I would contend that it is no more difficult than any of the other methods listed. The first problem for any investor is finding a deal that will work. For flippers, that means finding a house that is low enough below market that you can make money. For folks wanting to try a "Change of Use" investment, that means finding land in an area where the city/county will let you change the zoning. For those looking for master leases, that means finding a Landlord who'll allow to to sublet. Finding a good deal is almost always a numbers game. You have to look at a lot of properties. You have to make a lot of phone calls. If you're not willing to do that, you probably won't be a successful real estate investor. Tim - I would contend that it is no more difficult than any of the other methods listed. The first problem for any investor is finding a deal that will work. For flippers, that means finding a house that is low enough below market that you can make money. For folks wanting to try a “Change of Use” investment, that means finding land in an area where the city/county will let you change the zoning. For those looking for master leases, that means finding a Landlord who’ll allow to to sublet.

Finding a good deal is almost always a numbers game. You have to look at a lot of properties. You have to make a lot of phone calls. If you’re not willing to do that, you probably won’t be a successful real estate investor.

]]> By: Tim http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17034 Tim Fri, 14 Mar 2008 03:52:21 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-17034 No. 5 "Master Leases" can be difficult as a large number of Landlords to not approve of Sub-letting. No. 5 “Master Leases” can be difficult as a large number of Landlords to not approve of Sub-letting.

]]> By: Neil Simmons http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-14553 Neil Simmons Tue, 29 Jan 2008 07:54:51 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-14553 Most real estate investors in developing countries like Bangkok where I operate are getting on the bandwagon with new condominium developements and buying off-plan, with the intention of flipping later when the building is nearly developed. This normally happens over a time frame of about 2 years. Most real estate investors in developing countries like Bangkok where I operate are getting on the bandwagon with new condominium developements and buying off-plan, with the intention of flipping later when the building is nearly developed. This normally happens over a time frame of about 2 years.

]]> By: Middle Class Millionaires : A Home Equity Investment? http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-8304 Middle Class Millionaires : A Home Equity Investment? Mon, 10 Sep 2007 17:13:21 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-8304 [...] Potential Short Term Real Estate Investments [...] [...] Potential Short Term Real Estate Investments [...]

]]> By: Chris Heath http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-7531 Chris Heath Thu, 23 Aug 2007 07:51:05 +0000 http://www.middleclassmillionaires.com/blog/2007/08/10/real-estate-short-term-potential-investments/#comment-7531 Interesting list, given me more ideas of what to look at when investing in property. Interesting list, given me more ideas of what to look at when investing in property.

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