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Archive for January 5th, 2010

10 Steps To Successful Real Estate Wholesaling

January 5th, 2010 No comments

Educate Yourself

Invest in your real estate education before investing in your real estate business. FreedomSoft, the new real estate investors software system, has a built in education feature that will take you through the wholesaling process step by step.

Direct Mail Campaigns and Lists

Your real estate wholesaling business will not work without motivated sellers calling you with deals and buyers calling you to buy your deals. There are many ways to market your business but the most effective methods are direct mail campaigns and websites and FreedomSoft will manage your marketing so you can build your buyers and sellers list efficiently.

Network

Social media formats on the Internet such as LinkedIn and Facebook offer great networking opportunities. You should also join your local real estate investors association and real estate clubs where buyers and sellers meet to network.

Your Buyers and Sellers Lists

The buyers and sellers information you obtained through your marketing and networking will need to be automated. Since you can't operate a successful business effectively from a desk cluttered with business cards and sticky notes, FreedomSoft will manage your buyers and sellers information and send automatic emails to them.

Find a Bargain Property

Find bargain properties at below market prices that may be vacant, distressed or have owners who are distressed due to financial or personal hardships. Flipping wholesale properties will be quicker and easier if you stay away from those that require major rehabs.

Negotiating Price

You need to know the property's worth before you can start to negotiate price. In wholesaling, you are buying bargains and selling them to bargain hunters so make sure the price you pay is on the low end. FreedomSoft will review your deal, giving the property's value as well as other property values in that particular area.

Check For a Clear Title

Never purchase a property without first checking for a clear title. Your motivated seller can usually help you with this or you can use the services of a good title attorney.

Contracting the Property

When you find a deal and the seller agrees to your price, don't hesitate. Meet with the seller and have him sign a standard purchase and sale agreement and put up a small binder deposit. Set your closing for 30 to 45 days in order to find an investor to purchase the contract. Contracts can be confusing and intimidating. Using the contractor generator in FreedomSoft will make this task worry free.

Flip this House

Now that you have the contract from motivated seller, simply market the property to the real estate investors in your buyers list. Once you have a buyer, use the same house-flipping contract and require earnest money from your real estate investor to ensure he is a serious buyer. Your real estate investor pays closing costs and you sign as the seller on this contract.

Let's Close

The title is clear and you have set a time that works for the buyer and seller. You should close your deals with a real estate attorney or title company.

Now for the best part, collect your check then find another deal!

Go to www.Preston-Ely-Freedom-Soft-Review.com and review this amazing new real estate software program to see how FreedomSoft can automate your real estate wholesaling business.

Categories: Real Estate

Estate agents in Nottingham

January 5th, 2010 No comments

For an estate agency in Nottingham that is geared to selling higher end , more expensive properties you do not have much choice if you want a bespoke service more fitting to your property type, especially if it is over the 350,000 level. Elite Homes, an estate agency based in Nottingham are the sensible choice.

It is important to note that unlike some estate agencies, you will be given a fair evaluation on your property, rather than one that is there to entice you to go with them, but they can offer sensible methods to increase the value of your home via their home staging service.

If you take advantage of this service then Elite Homes will offer advice to help you raise the value of your property.

Elite Homes also have a different approach to marketing your property - something I do not know another estate agency in Nottingham doing. First of all they use a professional photographer to take the interior and exterior photos of your house. This ensures an appealing look as well as a truthful representation.

A professional graphic design and layout specialist is also employed to look at the Internet listings, as well as the brochures and traditional paperwork. This is to make sure that your properties details stand out amongst the hundreds of other listings in Nottinghamshire, Leicestershire and Lincolnshire.

Once you have a Rightmove listing and a listing on their site - www.elitehomesuk.co.uk then they contact their well maintained database of potential purchases to generate more interest.

An area that demonstrates the superior thinking, innovation and customer service offered by Elite Homes is perhaps their method of keeping in touch with their clients. They will of course call you regularly to discuss the progress made with selling your home, but they also offer you a password protected area of the site which allows you to log in at any time and see for yourself. Ideal for those of us that commute each day or can't make / take personal calls at work.

As an estate agency based in Nottingham they are ideally placed to sell homes in Nottinghamshire, Lincolnshire and Leicestershire. If you're property is above the 350,000 and you would a no obligation consultation why not call Elite Homes.

Elite Homes are a new estate agency in Nottingham that are making a name for themselves in the Nottinghamshire area to sell houses that are more select. See their service at Nottingham Estate Agents.

Categories: Real Estate

Raise Capital Extremely Fast! Guaranteed To Work for Any Company!

January 5th, 2010 No comments

Structure your company should spearhead your capital raising initiative. Make sure that your corporate layout is conducive to creating and retaining investor and venture capitalist attention. You should have a solid and elite executive team composed of the best of the best that your industry has to offer and if you can't attract those in the upper echelon of your business genre, you need to take an active approach to branding them as experts using on and offline PR campaigns labeling yourselves as industry experts who are innovating industry changing solutions. Create a stir, be controversial (but not offensive) and be ready to back up your stir with empirical evidence of your knowledge and success. You should have an advisory board and board of directors composed of industry specialists. Each individual should represent a forte that makes investors start to salivate when they are reading the bio section of your business plan. They should be able to contribute with contract negotiation, strong alliance introduction capabilities and more. When choosing professionals to fill the void of adviser and director positions you should think in terms of corporate 'growth' and 'stabilization'.

Next you want to make sure that your entity is prepared to receive debt and/or equity capital. You'll need a solid business plan, don't write it yourself, you'll only hinder your ability to raise capital. Call a professional to write your strategic business plan. Next you'll need a way to distribute equity or debt shares, a Private Placement Memorandum is the most common mechanism for helping companies raise capital quickly and easily while staying within the regulation guidelines of the SEC. Your PPM must be written by a professional to deliver the ultimate protection for your company while simultaneously spelling out the technical intricacies of your business to the investor.

Now that your company is structured properly, you have a business plan and a PPM, you are ready to start raising capital. Your first call should be to a corporate turnaround consultant with an arsenal of global funding contacts composed of all the necessary contacts such as: venture capital firms, private equity firms, angel investors, private investors, accredited investors, structured finance firms and so on. This turnaround consultant, if they are part of an established firm (always use a small boutique firm if you can find one, they are much more affective and one on one than the larger firms and tend to get the job done quicker without the headaches) they will have a service call and 'Investor Finder' service. They will reach into their gargantuan bag of contacts and give you so many funding options your head will spin, thus, making your fund raising efforts fast and painless.

Now that you achieved your first round of fund raising it's time to get serious. Yes! It's time to take your company public. Stay away from Pink Sheets and Reverse Mergers, you'll only regret it. If you are a smaller business or a startup, your best bet is the OTCBB. Go back to your turnaround consultant and have them start putting you through the sec audit, sec registration, FINRA registration and Market Maker joint venture and S1 filing. They should be able to handle the entire 'going public' process for you and in 4 to 7 months, you're public and trading.

Be sure to take advantage of the multitude of strategies to capitalize off of your securities. Remember there are many ways to capitalize off of your shares, selling shares through your market maker, continuously engaging in heavy PR to stabilize and enhance your stock price and another way that many entrepreneurs don't consider as an option when raising capital, the almighty hedge lender will can lend your company money against your collateralized securities. Yes! Use your stock as security for financing. After you pay off the loan, line of credit or lease you get those shares back (be sure that your lawyer audits your contract with the lender to keep away from any convertible stock clauses). So now you are raising capital by selling stock as well as the 'on demand' loan or loc concept of security backed lending.

Congratulations! You've just completed 'Real' corporate finance 101! Now get out there, put your company together and start raising the capital you need.

For Corporate Turnaround Services or Investor Finder Services, call Princeton Corporate Solutions at 267-233-0183Take Your Company Public the easy way!

Categories: Real Estate