West DFW REI Group

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West DFW REI Group

Author: Ryan Blake (4 articles found) - Clear Search


Getting Started in Real Estate Investing

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Diversity of Real Estate Investing

real estate investing

7 Feb 2021
Real Estate Investment | Longhorn Investments

If you own your home, your home equity may be your biggest asset. However, few people consider home equity an investment asset because it does not produce income. Rather, its value comes as collateral on a home equity loan, home equity line of credit, or mortgage and it can only be monetized by selling the home. To generate income from real estate, you need to be involved in real estate investing.

The housing bubble of 2008 disabused investors of the notion that real estate will always appreciate in value. On the contrary, real estate is subject to the same market forces as any other asset. However, real estate has a few attributes that make it uniquely suited to any investment portfolio – land is in limited supply, location determines value, real estate lasts forever, and the property has multiple uses besides investment. Because of the uniqueness of real estate as an asset, real estate investing can be attractive as a side gig or as a full-time job. Here are some considerations for getting start
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4 Tricks for Integrating Social Media and REI

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4 Tricks for Integrating Social Media and REI

March 26, 2019

Traditional methods of selling and flipping houses are on their way out. White pages and newspapers on dwindling.

However, in 2019, it is estimated that there will be around 2.77 billion social media users around the globe!

“A Strong Social Media Presence is needed in order to be successful in Real Estate Today. House Flippers that take the time to invest in their social media see more returns and build a stronger network than those that don’t.” – Loren Howard, Prime Plus Mortgages – Phoenix Hard Money Lender.

Social media is here to stay. With the rise in popularity, it is easy to see why more house flippers are looking at social media to flip their houses.

Social media marketing can be a great way to advertise your business and get people excited about your listings.

Use these social media tricks to flip more houses!

Having a Business Page

Having a business page is so important to flipping houses on social media. Having a business page will make it easier to promote your flips, use paid ads, make your posts easier to share, and expand your reach.

You can also use business pa
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8 Ways to Tighten Up Your Rehab Process

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8 Ways to Tighten Up Your Rehab Process

June 6, 2016

Like any successful endeavor, you need a plan when you’re ready to rehab a property. A surefire way to waste valuable time and money is to go into a project helter-skelter—everything needs to be done according to a plan and in the right order. Here are some tips that can help you on your next property renovation.

DUE YOUR DILIGENCE

First things first—walk the property inside and out. Make thorough notes about repairs and upgrades you want to make based on your exit strategy.  Assess the neighborhood where the house is located and choose improvements suited for the area or renter. Over- or under-improving a house can make finding a buyer or tenant harder. These things should also be part of your budgeting process:

  • Anticipate problems and plan contingencies. All budgets need a plan B.
  • Factor in holding costs, sales commissions, and other expenses that can eat into profitability.
  • Make sure that your after repair value (ARV) or rental rates are properly analyzed.  Local realtors are a resource to assist with ARV estimates and rental comparables.
  • Ask other investors for contractor referrals.  Make appointments with them before closing on the property—remember that good contractors are booked in advance.  Have a detailed plan of your project ready to share to ensure all cont
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