

http://annettapowellblog.com – Buy in a district with good schools. In most areas, this advice applies even if you don’t have school-age children. Reason: When it comes time to sell, you’ll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Experts in discounted mortgages, trust deeds, and other “paper” understand the power of coupling real estate transactions with real estate paper. By combining the two, you have the ability to out-negotiate, out-maneuver, and outsmart your competition.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – When renting, you are relying on rental income to subsidize a fair amount of your mortgage, but not the entire thing. Greed and dreams of quick dollars will likely lead you to trouble, but making sane, business-focused decisions should allow you to extend your real estate holdings outside of your home.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Aim for a home you can really afford. The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you’ll do better to use one of many calculators available online to get a better handle on how your income, debts, and expenses affect what you can afford.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Taking “Subject To”. This means taking title to the property subject to the existing mortgage that is already in place on the property. The terms of the note that were initially created with the lender stay the same, including the name on the loan. In other words, you are not assuming the loan.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – You can structure deals that earn you money while helping a family with little credit achieve the dream of home ownership. As a real estate investor, you can help people facing foreclosure get their lives back by structuring a deal that ends the foreclosure while earning money for you, the investor.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com There are proven real estate investment methods where no credit or cash is needed, such as flipping houses, lease options, “subject to” transactions, and other “no money down” solutions. These methods are low-risk and can net you many thousands of dollars with each successful deal.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Beginning real estate investors should stick with proven low risk strategies, such as quick flipping houses (wholesaling), lease options, and taking title “subject to” the existing mortgage.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Investing in commercial real estate can be the most profitable option for more experienced investors. Just be aware that higher profits may carry a somewhat higher risk.

Annetta Powell
Your Professional Success Coach
http://annettapowellblog.com – Investing in foreclosures and bank foreclosed real estate (REOs), either with or without a short sale, can also produce substantial profits.

Annetta Powell
Your Professional Success Coach