Experts DC Fawcett & Karen Hanover’s Philosophy for Commercial Short Sales

Once you’ve decided to get into the short sales market, the next step is to figure out your game plan. This is a crucial step for all real estate investing business owners. Here is a list of things to keep in mind when making short sales, which will help you get as much profit as you can.

Finding the Best Bank Owned Properties

You need to be able to identify bank owned properties that are prime for flipping. These include properties that are mostly still functional, but are facing foreclosure because of the poor state of the real estate market. The value of commercial property is primarily determined by how much profit one can make by using it—the aggregation of rents and other payments minus the expenses involved in keeping it up, otherwise known as the Net Operating Income. Finding records for the property is a crucial step to determining how much it is worth. (more…)

The Best Philosophy for Commercial Short Sales

Once you’ve decided to get into the short sales market, the next step is to figure out your game plan. This is a crucial step for all real estate investing business owners. Here is a list of things to keep in mind when making short sales, which will help you get as much profit as you can.

Finding the Best Bank Owned Properties

You need to be able to identify bank owned properties that are prime for flipping. These include properties that are mostly still functional, but are facing foreclosure because of the poor state of the real estate market. The value of commercial property is primarily determined by how much profit one can make by using it—the aggregation of rents and other payments minus the expenses involved in keeping it up, otherwise known as the Net Operating Income. Finding records for the property is a crucial step to determining how much it is worth. (more…)

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www.Commercial-Foreclosures-Goldrush.com

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Overage and Unclaimed Funds?

Good thing I recorded it and you can watch it again here.

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If you know my Excess Proceeds Program,
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My Excess Proceeds method teaches you how to find
Properties just before they go to Tax Deed Sales and
Then let them go for sale and afterwards collect
The Excess funds. (more…)

The New Commercial Foreclosure Goldrush (and the Money You Can Make From it)

You might know that investors are making huge profits on short selling commercial properties. The condition of the real estate market makes short sales more common. Now even ordinary people with a basic understanding of markets and a willingness to learn on the fly can make profits that weren’t possible before.

So What Is a Short Sale Anyway?

It is what happens when you have a distressed property that’s in danger of foreclosure, and the owner and lender agree to let the property go for a fraction of its purchase value. Foreclosure is a major pain for both property owners and mortgage lenders, and in these troubled economic times, the pain is multiplied as banks struggle to keep up with the foreclosure paperwork and all the bureaucratic hooplah. So you can net handsome profits by arranging for a short sale, then flipping it to a willing buyer who is willing to pay full price on the property. This process is more complicated than it sounds, of course. (more…)

So, Why Commercial Short Sales?

A sensible first question to ask about the benefits of making commercial short sales: why commercial short sales, as opposed to residential short sales? Wasn’t the current crisis tipped off primarily through the residential real estate market? More residential properties are distressed and therefore available for the short selling process that can make you money.

Differences Between Residential and Commercial Short Sale

Well, in a sense, it’s because commercial real estate is better off than the residential market that it’s better to get into. Much of the residential market is a fixer-upper job, with many houses in a state of disrepair thanks to their owners’ overall struggling financial situation. As a result, it takes a great deal of work to turn profits on these houses, and there is no certainty that you will be able to sell them. (more…)

Difference Between Residential and Commercial Short Sale? You may know something about commercial short sales in general. The next step is to ask the question of why gurus recommend that you go into commercial short sales in particular. In part, it’s a practical reason—residential and commercial real estate markets are two different beasts. Advantage of Commercial Foreclosures As to why commercial short sales are better, the answer has to do with the state of your “target” commercial property. These target bank owned properties are in danger of foreclosure—in other words, delinquent on loan or mortgage payments—but they are still valuable to a potential buyer, allowing you to resell them quickly. Hundreds of these properties hit the market every day, but they don’t stick around for long. (more...)

Complications: the Rush on Commercial Real Estate Investment You may know a fair bit already about how to do commercial short sales and even the finer points of controlling your business. But in real estate, that isn’t enough to catapult you ahead of the rest of the pack. Many others in the real estate investment business try the same things, after all. So how exactly can you pull ahead and make the real profits when everyone else is fighting to do the same? What Drives the Market for Bank Short Sales The first, and most effective way to do so is to simply outmatch your real estate competitors—in knowledge, and in persistence. This is a fine way to get ahead, but there are no clear paths forward. Knowledge spreads by its nature, and what is a trade secret one second can get blown wide open the next. In addition, if you are learning everything about foreclosures and commercial short sales on the fly, you are naturally in a worse position than someone who has been playing the market for years. So as contradictory as it may appear, it can pay to play real estate investment markets in which even the experts have trouble accurately reading, where your knowledge matters less than your ability to act quickly and jump on deals before everyone else. Moving fast is in general good advice if you want to shift a lot of short sales as well. (more...)

The Commercial Foreclosure Goldrush In Brief One only need look at the state of the real estate market now, after the multi-million dollar property crash, to know that real estate is a risky business. Despite this, it remains profitable for people who use the right strategy to minimize that risk. How is this, you may wonder, if property values are plummeting? Well, it is because of the sad state of the real estate market that you have a new opportunities, thanks to the increased prevalence of foreclosures and short sales.

www.CommercialGoldRushUSA.com

Commercial Short Sales 101 So how do you profit from a commercial short sale? First, you find a distressed property, or a property that is several months behind on its payments and facing foreclosure. Next, you make an offer to the owner of the property as well as the lender. This offer will be less than the property is worth in real terms, but many lenders will accept a loss on the property because going through the foreclosure process is expensive and risky. Then, you can try and find a buyer for that property yourself, and net whatever discount you managed to wrangle from the lender. Of course, you assume much of the risk that the bank wanted to avoid—if you don’t know what you’re doing, you won’t be able to find a buyer. (more...)