ARRRG! - Good Investors Vs Bad Investors [You Choose]

8/4/2017

ARRRG! - GOOD INVESTORS VS BAD INVESTORS [YOU CHOOSE]

ARRRG! - Good Investors Vs Bad Investors [You Choose]

Has this happened to you?

You get an email or find a post online:
3/2, 1200sf, Year 1989, Lot 7500
Repairs: $35k
ARV: $350k
Your Price: $315k

Applying due diligence when analyzing a property could be the difference between striking gold or striking out.

In this free training video Randy discusses how to avoid buying deals that won't make you money. Saving you time and frustration.

Enjoy!

Rock on,

Randy - The REI Rockstar

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Thanks for watching.

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Learn Which Zip Codes To Target For Your Real Estate Investing Business

4/20/2017

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Learn Which Zip Codes To Target For Your Real Estate Investing Business
Hey guys,
It is absolutely critical to understand your local market when your considering investing in it. One way to do this is analyze the Days on Market or DOM to gauge the demand of a given zip code.

Start by getting the data, I've included the link below. Leave our any zip codes where the median sales price is higher than the entire county. Then take out zip codes that you might now are out in the "boonies". Finally place the zip codes in ascending order by Days On Market. BLAM! You got some great zip codes to target for motivated sellers.

Link: http://research.realtor.com/

Some other things to consider:
Affordability
Cash Transactions
Flip Activity
Foreclosure Activity
Inventory (Supply/Demand)
Days On Market
Rent vs Own Ratios

Let's Connect:
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https://plus.google.com/+TheREIRockstar

Thanks for watching. Don't forget T'FLOSS (tag, follow, Like, opt-in, share and subscribe)

Rock on,

Randy - The REI Rockstar

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How To Find, Analyze and select a u.s. real estate marketing to invest in

7/5/2016

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OK my roadies, have you ever asked yourself, "How do I get started in real estate investing"? Well then in this free video training I'm going to show you how to find, analyze and select a U.S. market to invest in. It looks like a lot but when you break it down its actually quite logical and straight forward.

So sit back take some notes and most of all TAKE ACTION!

Rock on,

Randy - The REI Rockstar

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(20) Property Evaluation Websites To Find Home Values and Local Comps Online In 2014

10/7/2014

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When your analyzing a subject property for key values and metrics in order to make a sound investment decision, your going to need to start with the raw comparable sales data. Although an official CMA (comparative market analysis) from a licensed Realtor is the preferred method and source of evaluation, there are many free and paid websites online that allow investors to reference "comps" online. I have a complied an on going and up to date list each year for my fellow investors.

Once you've determined your values you can then use your formulas to make offers to sellers and prepare presentations for clients like private lenders and buyers. I wish I had a list like this when I got started in real estate investing years ago. Keep in mind these websites can have up to 70% of what sales are available on your local MLS (multiple listing service) so the more sources you utilize and compile, the better.

Here is the list:
https://www.redfin.com/what-is-my-home-worth

http://www.zillow.com/how-much-is-my-home-worth/

http://www.homegain.com/homevalues

http://www.totalviewrealestate.com

http://www.homes.com/Home-Prices/

http://www.trulia.com/sell?sem=SellerLeads_Radius_Targeted_UD_value_values%20home&ts=Google&tscamp=Radius_Targeted_UD

http://www.propertyshark.com/mason/text/infopages/comparables.html

http://www.citi-data.com

http://www.ziprealty.com/home-value-estimates

http://www.eppraisal.com/

http://www.homesandland.com/Home-Values.html

http://www.remax.com/homevalues/search/

https://www.citimortgage.com/Mortgage/Home.do?page=homeValueFinder

http://www.realestateabc.com/home-values/

http://www.pmz.com/homevalue/

http://www.realtor.com/homevalues?source=web

https://express.realquest.com/propertyvalue.aspx

http://realestatecenter.bankofamerica.com/tools/marketvalue4.aspx

https://www.chase.com/mortgage/mortgage-resources/home-value-estimator

http://www.firstteam.com/homevalueestimate.aspx

I wish I had a list like this when I got started in real estate investing years ago.

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- Randy, The REI Rockstar

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[REI Tools] - Finding Comps Using Zip Realty

4/1/2014

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This episode: REI Tools Finding Comps Using ZipRealty - Randy explains how to use this website to find comparable sales data. Great for all you real estate investors out there.

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