No Robots here

Monday, October 19, 2009

Knowing the true value of real estate


There are a lot of ways that you can value real estate. They may not all be right but they are used. Zillow is a website that comps (sold homes) homes and comes up with a price. The problem with Zillow is it does not take into consideration of the condition of the home. Also was it a short sale, forclosed, retail, tax, trustee sale. You need to know that to get a good idea of what your home is worth.Other things to consider 1-2 bath or more. Garage, no Gargage-Fixup, not fixed up....and much more. Zillow does not take that into consideration.The other way some people do it is thru their friends. They tell them what homes are selling for in that area and boom thats it. I had a listing once that I comp'ed (value of sold homes in that area) and the client had talked to a neighbor. This neighbor had went to some open houses recently in a luxury high end area. He for some reason noticed the bathrooms in these luxury homes and informed my potential client that his bathroom was nicer than any luxury home bathrooms. Therefore his conclusion was that his home was worth 3 times more than any other home in that subdivision was worth. I didn't take the listing.The right way and my only way I do value a home, whether it's an investment home or not is thru MLS (multiple listing service). Realtors are the only ones that have access to this but it's the best information you can get.You need all the details. For example condition, Sq ft, bedrooms, bathrooms,what type of sale is it, and you want the property in the same subdivision or 2 miles radius of that propetry. You want to see the Days on Market and the sales price. You may want to drive the area and see if the lower prices ones are by apartments, busy streets, commercail etc.When you get all these facts you can easily make an informed decision on what that home is worth in todays market. This will help you make money on your home whether you are living in it or if your an investor.One other important tip I should mention if you are an investor is to watch the square footage. Why? Flooring is usually the most expensive part of rehabbing a home. So I like to keep my investment homes around 1100-1800 Square feet. Less fixup more money for you as an investor

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com

Wednesday, October 7, 2009

Learning the internet that easy way


A firm knowledge of the internet is necessary for a successful future in Real Estate. Knowing where to find the answers to your questions is going to help you make the right decision. Also, understanding that your real estate business needs a web presence is crucial. However, being on the internet is not the only answer. You have to be able to drive traffic to your website through comprehensive marketing. You need to learn how the search engines like Google, Yahoo, Bling work, and what you need to do to market there. Some great classes are available on the subject. I'm learning how to market my business at http://listbuildingclub.com/?AFFID=21723. This site will teach you many great things through an easy to use format. The course I took, guides you through all the details in over 100 short lessons. The great thing is their lessons are easy to follow and helps you learn ways to maximize your income.One of the first things I learned about was blogging. I now know exactly how to get stared and how to promote my blog(marketing). My blog currently has almost 400 readers. It really helps me get the word out about my products and services. And it lends me a means in which I can communicate directly with me target market. The http://listbuildingclub.com/?AFFID=21723 will also teach you easy ways to create squeeze pages and how to market them. My squeeze pages have helped me capture many targeted email address. A solid email contact list can help you grow your business fast. If you have a great service, a squeeze page can easily be created around it. One of my squeeze pages is http://myoptinpage2.com/?pid=5486077. Check it out!I've done millions of dollars in real estate as a result of my web presence. Marketing on the web will give a heightened visibility to your business. Instead of hundreds of potential clients you might reach through traditional marketing, the internet will allow you to reach millions.So if you want to kick start your business through the internet then http://listbuildingclub.com/?AFFID=21723 is your best bet. You will even learn how to use HTML on your sites!


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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH — 4 Bedroom 5 Bathroom

This 4 bedroom, 5 bathroom Single Family for sale is located at 7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH 44023. View 31 photos, price histo...