When thinking of investing sometimes the sub-cities are where you want to be!

Investing in sub-cities is more profitable than the metropolitan cities because of their lower home prices, lower tenant turnover, lower costs, and sometimes fewer legal issues to deal with.

You may feel that sub-cities are “in the middle of nowhere,” but these places are often safe investments compared to the Metropolitan cities with high crime rates, high costs, and higher home prices.

You must do your research or have someone that you trust and knows the market well for investing in sub-cities to know the expected pricing for the housing value before and after completion.

Many investors and wholesalers in real estate only look to the metropolitan areas believing that it will be a home run.

The metropolitan cities may get rented or sold well initially, but these areas do not drive the highest return for the investment compared with sub-cities. This is due to increase legal issue, higher tenant turnover, and higher crime rates.

Sub-cities have fewer professional home buyers, such as investors and wholesalers, who tend to drive up prices.

Sub-cities generally have lower home costs, lower sub-contractor costs, less tenant turn over, and usually lower crime-rates which makes investing in sub-cities a grand slam!

The post Investing in sub-cities is more profitable than large metropolitan cities appeared first on Real Estate Sales LLC - TRUSTED COMPANY - Las Vegas, NV, United States.

Some folks choose to get into real estate as a realtor or broker while others get into real estate by handling financial side of things (Bank, Mortgage lender etc.).

Most folks involved in real estate have a desire to invest/buy properties sooner rather than later.

While there are many ways to get into real estate, the best way initially would be as a wholesaler.

Acting as a wholesaler gives you the ability to make profit in real estate without having to buy homes.

As a wholesaler you are able to buy into real estate without having any skin in the game besides for option consideration similar to earnest money which gives you a small stake in the property.

As a wholesaler, your goal is to sign an option purchase contract on a piece of property.

This option gives you approximately 30 to 90 days to either buy the property for yourself or sell the property to another individual when we talk about real estate investing.

An option to buy contract gives an individual the contractual and legal right to buy a house but not the obligation to buy the house.  So you have a right to buy, but you’re legally not obligated to buy unless you exercise your right.

That is the whole key to wholesaling.

Once you have the option contract, you can market it, you can sell it, you can assign it, and you can make money on the deal.

The only thing you have to potentially lose is your option consideration, which is usually no more than 20 bucks. The option contract gives you legal interest in the property, so it’s completely risk free.

If you are looking to investing in real estate without buying houses, wholesaling is the way to go, not to mention it will also help you learn your market without needing to put your money at risk.

You can get Real Estate Coaching with our outstanding coaches and learn all these tricks that help you make money even from the very first month.

The post How to Invest In Real Estate without Having to Buy Houses appeared first on Real Estate Sales LLC - TRUSTED COMPANY - Las Vegas, NV, United States.

The truth is cost of homes have been on the rise for 6 plus years, yet it has been affordable for folks because mortgage rates have been kept low.

Mortgage rates are expected to rise in the near future and now seems like a definite outcome with our unexpected election results. Higher mortgage rates does not mean that it will be a bad time to buy homes, in fact it may be a good time to make a purchase.

The expectation is for mortgage rates to rise, with this increase however we’ll see home prices to decline a bit or at the very least be stagnant. As rates rise, there will be more deals for investors as some folks may not be able to afford their monthly payments if they did not have a fixed mortgage rate.

Impact of mortgage rates on the real estate market:

As rates rise, folks will be able to buy houses below market value much more often than at the current time. Home prices are actually up 40% since the housing market reached its floor in 2011, this is great for homeowners but not so great for home buyers.

Folks buying homes in 2017 will see higher mortgage rates, however there will not be as much competition for homes and folks will not have to worry about getting into a bidding war with another home buyer. Prices for homes will not continue to increase as they have over the past 6 years, in fact there should actually be plenty of bargains out there and with mortgage rates increasing banks will offer more loans and home buyers will get more house for their money as home prices will not continue their upward incline.

With mortgage rates increasing, folks can expect to find more deals out there and if you have cash to pay for homes, you will be in tremendous shape as there will be many deals available, but folks that need mortgage should be just fine as well.

Feel free to visit our real estate blog more often to get more real estate tips.

The post Mortgage Rates are Rising but that Doesn’t Mean it is a Bad Time to Buy Homes appeared first on Real Estate Sales LLC - TRUSTED COMPANY - Las Vegas, NV, United States.

So, why it is a great time to jump investing in real estate right away?

1. Interest Rates are at an all-time low

Why will you benefit from low interest rates? The answer is simple, low interest rates lead to low monthly payments, which is great for investors who are looking to maximize their profits. Several years from now, we’ll look back and say, “WOW! Remember back in 2016 when you could get a mortgage for under 4%?!”

2. Prices are reasonable

Yes, real estate prices have climbed significantly since 2011 and 2012, but those willing to hustle to find great deals, WILL find great deals! Great deals are everywhere; we just have to find them!

3. Technology has made investing MUCH easier!

Back in the day, real estate took a lot of time driving around, talking to people, looking at hundreds of documents, amongst many other things. Today, technology has made investing in real estate significantly easier. Here are some examples:

• Advertising properties is as simple as posting on craigslist
• Tenants pay rent online rather than in person
• Screening tenants can be done online rather than using screening services
• You can take virtual tours of certain areas using google
• And so much more!!

4. Your job is unstable

Job security is not what it once was, it’s entirely too easy for employers to happily let go of hundreds or thousands of employees. Today, the best job security is enjoyed by those who take an active interest in gaining skills and knowledge that can be used elsewhere. Real Estate investing is one of the best ways to gain that financial independence that you’ve always dreamed of!

5. There’s a high volume of foreclosures

Many homeowners have lost their homes due to foreclosure, which means that there are many renters in the market. This is optimal for investors because they can buy rental properties without the burden of a mortgage payment. This also makes finding a tenant much easier.

On the other hand, all those foreclosures could land you an awesome deal. Since banks are more interested in lending than owning real estate, they often list these foreclosed properties at an extremely low price! Foreclosures equal discounts, which makes a great deal for the handyman investor!

6. Years from now you’ll wish you would have started today

Investing takes time, I can’t promise you that you’ll be rich tomorrow if you start investing in real estate today. However, I am saying that in 10-20 years you will likely look back and say “why didn’t I start sooner”? Real Estate investing just makes sense, if you wait too long then you’ll miss out.

7. Real Estate is a great long-term investment

If you look back 30-50 years, real estate is still valued much higher than it was. If you gave tenants paying your mortgage, its makes the investment that much more profitable. So get out there and start investing, let your money work for YOU!

The post 7 Reasons NOW Is a Great Time to Investing in Real Estate appeared first on Real Estate Sales LLC - TRUSTED COMPANY - Las Vegas, NV, United States.