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Handyman Specials, Cheap, Cash

Handyman Specials, Cheap, Cash

http://www.BuyAtlantaBargains.com

Now is the best time to get a great deal on homes, stocks and other investments.
Here is a quick video clip from The Today Show that tells you what you need to know to profit right now!

http://www.msnbc.msn.com/id/26184891/vp/34724700#34724700

eNewsletter Now Available

Please click
on this link to view our January, 2010 Housing Trends eNewsletter:

http://JanettaPeters.housingtrendsenewsletter.com?Newsletter_ID=239

HUD Action Helps Investors

Our friends in Washington just suspended the 90 day seasoning rule for FHA loans.  What does that mean for real estate investors?  Many MORE buyers!  

 

Currently, FHA does not insure mortgages on homes owned by a seller for less than 90 days. There are some exceptions to this rule.  The new policy will allow rehab investors to buy foreclosed properties, renovate them and quickly resale them to owner-occupant buyers.  The policy is also an effort by the administration to stabilize home values, particularly in markets hit hardest by foreclosures.

 

The waiver takes effect on February 1, 2010 and is effective for one year.  FHA reserved the right to extend or amend the waiver. 

Click here to read the HUD press release.

Click here to get a FREE Foreclosure Hotlist listing the current bank foreclosure and fixer upper properties in your desired price range and area.

Are You UNREALISTIC?

I just watched this video and I realized that the reason I've done well in life is that I am VERY unrealistic.

You will learn a lot by watching this quick video of Will Smith.  Enjoy!

 

http://www.youtube.com/watch?v=OLN2k0b3g70&feature=player_embedded

 

 

Get Free $8000 Tax Credit Before Time Runs Out!

Free "$8,000 Closer to Home" e-book now available. Purchase a home on or before April 30, 2010, and get up to $8,000 through the recently extended 2009-2010 tax credit. But you must act quickly to find and buy your home before this legislation expires.

Email me today to get your Free e-book and learn how to get your fair share of the tax credit with your next home.

PS: Be sure to share the free e-book with family, friends, neighbors, co-workers--everyone. This once in a lifetime opportunity won't last long!

 

 

This Month in Real Estate

Now is Great Time to Own Rental Property

The July 2009 issue of Forbes magazine examines the rental market for several U.S. cities.  Their conclusion is that returns are now better for landlords than those from investing in stocks.  With many stock portfolios, 401K's and IRA accounts declining by over 35% in the last ten years, many people are re-evaluating where to put their money.  While more hands-on than stock investing, returns from rental real estate are now much greater than from the stock market.  Indeed, the Forbes article points out that the cap rate (annual rent minus expenses divided by sales price) on residential rental property is much greater than the current yield in the stock market of 2.4%.  The average cap rate for Atlanta, GA is 8.7%, placing it at number 7 in Forbes list of top 10 cities with the best returns for landlords.

The return on investment, coupled with an abundance of deals resulting from foreclosures, makes now an absolutely fantastic time to buy investment properties.  Furthermore, recent price declines are allowing investors to pick up properties at a fraction of their selling prices from a few years ago.  Call us at 678-524-0833 or click the "Fixer Upper & Rehab Deals" link to the right for a Free list of bargain properties and start increasing your returns today!

Investing Basics

Every intelligent person knows the importance of planning and investing for the future. The tough part is that there are so many difficult and critical decisions to make. Everyone you talk to has his or her favorite and “perfect” investment. So who do you believe? And what is the “perfect” investment??  First off, you need to realize that

THERE IS NO SUCH THING AS THE PERFECT INVESTMENT!

All investments are a trade-off between risk and return. An investment with a high return will have a corresponding high degree of risk. On the other hand, a “safe” investment with low risk will offer a lower return or profit.

Therefore, any investment is a compromise -where each investor must weigh the different levels of risk and return for any given investment. One investor may be willing to take more of a risk in exchange for the potentially large returns, while another is more comfortable with safer, less risky investments. There is no perfect investment for all people.

With that said, let’s talk about the basics of financial planning. Before doing anything else, the first steps are to pay off any high interest consumer debt (i.e. credit cards), fund your retirement accounts, and save up a “safety net” cash reserve.

If you don’t have the money to do these things, you need to start spending less and saving more (what a concept) so that you do. If you don’t take these vital first steps, you will never, ever be wealthy.

Once you have taken the above basic steps, you are ready to invest for your future, invest for growth, and invest to be wealthy!! From this point forward, we are going to assume that you are ready. A moment ago we stated that there is no such thing as the “perfect” investment, and this is true. But one thing is for sure….

REAL ESTATE IS AS CLOSE TO PERFECT AS YOU CAN GET!

Many people want to invest in real estate, but they just don’t know exactly how to get started. There is a lot of bad information out there, and people generally have lots of questions. To cover everything in an organized, logical manner, we'll look at the most common questions- and discuss the answers in future posts.

Our Best Buys - July 14, 2009

Click the MLS number below to see more information on these Best Buys!

MLS #: 2589641 - LOVELY SPLIT LEVEL HOME FEATURES 3 LARGE BEDROOMS, 2.5  BATHS, FORMAL LIVING, FORMAL DINING, SUNKEN FAMILY ROOM.  EASY TO SHOW.  $49,900

MLS #: 2680354- SPACIOUS AND OPEN RANCH WITH GREAT POTENTIAL. OPEN FAMILY ROOM WITH FIREPLACE. DINING AREA. MASTER BEDROOM WITH VAULTED CEILING. NICE YARD. NEEDS SOME COSMETICS.  $49,200

MLS #: 2669559 - NICE SPLIT LEVEL HOME CLOSE TO I-285 - 2 FIREPLACES, NICE YARD AND MORE! SOLD AS-IS, NO TERMITE/DISCLOSURE.  $49,900

Check back each week for more Best Buys or CLICK HERE to be instantly notified of the latest Best Buys!