RentToOwn-HouseFinder.com

Real Estate Investing website feedback? Hello, I built this website to host a real estate lease option investing program. I went through tripod.com because they offer a free website package. Although it looks ugly with their ads on my page, tell me what you think of the rest of the format. Thanks!!

I am new to real estate investing? How can I make money and support my familyin this market?Can i wholesale houses? lease option? rehab?What do you think is the best way. Or should i just stick to my 9-5 job?

Real Estate Investing Ideas? Okay. I have spent all afternoon thinking about different creative ways to invest in real estate. When I step back and look I realize that with each plan I came closer to being that guy on late night television. So I am going to ask for help. Here's what I have to work with. I have $2000. I would like to build cash flow but I would'nt complain about getting a lump sum. So I need help with a gameplan I can do working nothing more than $2000. I have read articles on reiclub.com and creonline.com and I just cant seem to put together a plan that makes since when I try to work it out. So please dont just say lease option, subject-to, land contract- I would like a general example and your experience with it would be great too. Thanks in advance for your responce!

looking for real estate investor mentor.? I'm looking for someone who has experience in real estate investing in Subject To, Lease Options, Foreclosure, Pre-Foreclosure, Short Sales. etc I'm willing to pay for the service.

Where can I find sample lease option contracts I would like to find a few sample lease option real estate contracts to understand the verbiage and terminology. I know these are available for a fee but I would like to skim a few before really investing the cash. I will follow-up all findings with a real estate attorney of course.

I am starting to invest in real estate,under what entity is best to hold cash flow properties (Regarding Tax)? I am purchasing a house on lease option, i put 40% down and the rest is financed. i want to rent it for income. what is the best entity to use? C Corp? S Corp? LLC? if i want to rent it for income? i am speaking from a tax point of view, i understand that there are many tax advantages to investing in real estate, in addition to legal adventages. i plan to buy a lot more properties soon, help!!!

Will books about Real Estate Investing published in 2003 to 2005 work in today’s market? I want to start another revenue stream and real estate makes the most sense to me. I don’t know jack about investing in real estate and want to read a bunch of books on things like options, notes and leasing before I buy my first real estate investment. As a stock market investor the rules about how and who can do margin, short, put, or calls on a stock have changed A LOT since that time and most of the books written about exotic investing in the stock market in the same time frame aren’t worth the paper they are written on. Has real estate investing changed that much too? And if it has which books are the best to read? I am NOT going to be flipping property. I am looking for apprication and cash flow. If this helps.

What is a land lease option? I am intrested in investing in some real estate and a broker who attends investment meetings and works for a morgage company took me to look at a condo which is for sale for $60,000 appraised at $90 but it is a land lease option and $35,000 has to be paid upfront to purchase the condo, and later if I wanted to sell I would only be able to sell for cash? Can anybody advise as to what problems may arise here. The Condo is nice inside but buildng is ugly not great neibourhood.

How do I make a deal happen with a house that is overleveraged and has a large default amount? The new house is worth $500,000. Loan balance is $480,000. Default amount is $12,000. I am new to real estate investing. With this situation, I am thinking lease-option. What about the default amount, is it due immediately? Please give me your ideas/experience/advice. Thanks.

Commercial Real Estate (NNN leased proeprty) Investment advice? Hello. I am considering investing in a retail property that is NNN leased to a very solid national tenant (7-11). This would be my first commercial real estate investment and wanted to obtain some advice. 1) The property is leased for 10 years with 3 5-year renewal options. Rent escalation are 10% every five years with current cap rate of 6.5%. Is this a reasonable price for a NNN property? 2) In looking at my returns, what should I assume as my interest rate and closing costs. I'm assuming a interest rate of 6.5% - is this reasonable? I have excellent credit and am willing to put 20-25% down. 3) What other initial costs might I incur? I'm thinking maybe attorney fees to review the current lease and the cost of setting up a corp or llc. Am I overlooking anything? 4) What other costs might I incur on an ongoing basis? I've just thought about attorney and accounting fees - am I missing anything? 5) Any other gotchas or things I should be aware of? Thanks for your help.

When a lease purchase or rent to own tenant buyer goes to purchase do they need 20% down on the mortgage? I have been investing in subject to real estate for a few years now, and someone told me a good way to sell a home I secure through a subject to deal would be through a lease purchase or rent to own contract. The idea sounds good, and I have been aware of the lease purchase contract. What I'm wondering about is the mortgage a lease purchase tenant buyer would need. On a rent to own a tenant buyer would only put a small down payment on the house, say 2 or 3% of the purchase price. When they go to exercise their option to actually purchase, not just rent, do they have to put down an additional 20% to secure a mortgage like if they had got a mortgage in the first place?, Or is there a loophole for a no or low down payment because they've been showing a commitment to the house? Any input from lease 2 purchase investors or a mortgage professional would be greatly appreciated! Thanks

please help!!personal finance!!I cannot afford to get any wrong!!!! giving away as many points as possible!!!! 1. Which of the following might not be an option for increasing your present income? (1 point) Quitting your job to find another Requesting a merit increase in pay Requesting a promotion Looking for a better job without quitting your old job 2. Which of the following is true about a merit increase in pay? (1 point) It is based only on how long you have been with the company. You have prove that you deserve it more than your coworkers. You might have to wait for a certain anniversary date to get it. You automatically receive merit raises every year. 3. Corporate structure may be defined as _____. (1 point) the way a corporate building is structured whether a company pays corporate taxes the method a company uses to pay its employees the way a business is organized 4. Your resume should include all of the following information EXCEPT (1 point) contact information. personal history. education background. qualifications. 5. The single best way to increase your income is to get an education. Why? (1 point) You automatically make more money if you are educated. You can obtain jobs that have higher starting salaries. You automatically get promotions if you are educated. You will automatically receive better benefits. 6. Which of the following will probably earn a higher level of income? (1 point) A female file clerk with a high school diploma and a year of college. a male file clerk with a high school diploma and a year of college. A male accountant with a Bachelor's degree. A female accountant with a Master's degree in business administration. 7. The term "educational attainment"means _________________. (1 point) you have earned a degree whatever education you have earned you are attending school to earn a degree you have earned the highest degree possible in your field 8. Which of the following is not a core module of accounting? (1 point) accounts receivable accounts payable debt collection purchase orders 9. What is a general ledger also known as? (1 point) a normal ledger an enumerated ledger a nominal ledger none of the above 10. Which of the following is not one of the three types of business arrangements in the United States? (1 point) sole proprietorship partnership corporation sole partnership 11. With a sole proprietorship, who pays the taxes? (1 point) the shareholders the company the owner both the shareholders and the owner 12. Which one of the following would not be considered an advantage of a sole proprietorship? (1 point) Decisions can be made quickly without having to consult others. A proprietor is also responsible for his or her own health insurance. There are no legal formalities if the business dissolves. All of the profits from the business go right to the owner. 13. What can a proprietor do to minimize personal risk and liability? (1 point) change his/her name form a limited liability proprietorship form a limited liability partnership form a limited liability company 14. Why are partnerships often favored over corporations? (1 point) They have more power. A partnership structure eliminates the dividend tax levied upon profits realized by the owners. They are more successful. none of the above 15. Why are partnerships often favored over corporations? (1 point) A partnership structure eliminates the dividend tax levied upon profits. They are more successful. They have more power. none of the above 16. What are the two types of partnerships? (1 point) limited and general limited and sole general and private private and limited 17. Which of the following would not be considered an advantage of a partnership? (1 point) A partnership usually involves low start-up costs. Each general partner is deemed the agent of the partnership. It's easy to form a partnership. You can share the responsibilities with your partners. 18. As a generic legal term, __________ means any group of persons with a legal entity. (1 point) partnership business corporation proprietorship 19. Who regulates a corporation? (1 point) the bondholders the government of the state, province, or national government with which it is registered the corporation's founders the corporation's union 20. Which of the following is not a legal characteristic of a corporation? (1 point) transferable shares perpetual life legal protection from lawsuits limited liability 21. When claiming dependents, they must meet the following criteria EXCEPT: (1 point) the dependent must be a relative. the dependent must reside with you. the dependent must be under nineteen years of age unless he or she is a full-time student. the dependent was unable to provide over half of his or her support for the year. 22. If you opt to put money in a medical flexible spending account rather than trying to amass enough medical expenses to itemize on your tax return, you are taking advantage of ___________________. (1 point) an exclusion a credit a deduction withholding 23. A form of taxation in which everyone pays an equal rate of taxes is called a _____________. (1 point) progressive tax regressive tax net tax flat tax 24. A form of taxation in which the highest income earner pays the largest percentage of taxes is called a (1 point) progressive tax regressive tax flat tax net tax 25. A form of taxation in which the lowest income earners pay the largest percentage of taxes is called a ___________________. (1 point) progressive tax regressive tax flat tax net tax 26. Which of the following best defines health insurance? (1 point) An annual contract between an insurance company and an individual a type of insurance that protects your personal property if you are unable to pay your bills. a type of insurance whereby the insurer pays the medical costs of the insured a type of insurance that assists your loved ones in the event of your death 27. Which of the following illustrates the main difference between Medicare and Medicaid? (1 point) Medicare helps to insure the elderly, while Medicaid focuses on low-income individuals and families. Medicaid helps to insure the elderly, while Medicaid insures low-income earners. Medicaid helps to replace lost income for the poor. Medicare is available only to those over the age of 65. 28. What is life insurance? (1 point) Health insurance that covers you for the rest of your life Insurance that supplements your income if your life is threatened Insurance that assists your loved ones with income in the event of your death Insurance that protects you in the event of an unexpected illness or accident that prevents you from working 29. Which of the following statements is not true about HMO insurance? (1 point) It is a managed health care system. In an HMO you can choose your own primary care physician (PCP), but specialists must be referred by the PCP. In an HMO , you are assigned a primary care physician. The letters stand for Health Maintenance Organization. 30. Which of the following might be considered positive aspects of HMOs. (1 point) Free choice of primary care physician Care from non-HMO provider not covered Out-of-pocket expenses are usually low Easy to receive specialized care 31. Which of the following might be considered a negative aspect of HMOs? (1 point) Out-of-pocket expenses are usually high. Not easy to receive specialized care HMOs focus on preventative care Free choice of primary care physician 32. On average, compared to a person with good credit a person with poor credit will pay __________ for insurance. (1 point) 5% to 10% more 10% to 15% more 20% to 50% more 55% to 70% more 33. How long does it take to rebuild your credit history? (1 point) 7 years 8 years 9 years 30 years 34. Secured debt means a lender gives you money in exchange for what? (1 point) collateral credit report principal interest 35. When an asset, such as a car, decreases in value over time what is it called? (1 point) depreciation financing equity leasing 36. If you miss one payment on a credit card, what's generally the penalty? (1 point) a late payment fee a higher interest rate a lower available credit line a negative notation on your credit report 37. If you miss two payments on a credit card, what's generally the penalty? (1 point) a late payment fee and a lower available credit line a higher interest rate and a late payment fee a late payment fee a negative notation on your credit report 38. What are expenses that do not change called? (1 point) stable costs fixed costs variable costs known costs 39. What is the margin of safety? (1 point) How much sales can fall before a business starts making less than 5% profit How much sales can fall before a business makes less than 15% profit How much sales can fall before a business starts taking a loss none of the above 40. The two components of ______________ are variable and fixed costs. (1 point) entire cost required cost complete cost total cost 41. What are expenses that change as conditions change? (1 point) changing costs fixed costs moderate costs variable costs 42. What can be the best type of safety net in hard times? (1 point) Gambling Mortgage Rental property None of the above 43. Real estate is considered a(n) _____ investment. (1 point) illiquid liquid sure partially–liquid 44. Individual mortgage interest rates are generally determined by what? (1 point) The economy The individual's credit score The property value The state the property is located in 45. What is PMI? (1 point) Personal mortgage issuance Personal mortgage investment Personal mortgage insurance Personal mortgage interest 46. Why is investing in gold beneficial? (1 point) It is easy to mine. It is considered a stable investment. Gold is more expensive than stocks. The value of hold is subject to inflation. 47. What is an entrepreneur? (1 point) a sole proprietorship a corporation one who opens a new business a bank that loans money 48. Which of the following is the best definition of probable operating costs? (1 point) Amount of money required to start a business Amount of money required to market a business Amount of money required to purchase business equipment Amount of money required to keep a business running 49. Which of the following is a start–up cost associated with opening a business? (1 point) Equipment Legal fees/licensing Insurance All of the above 50. Which of the following is an example of an unsecured bank loan? (1 point) Credit card debt Bank overdrafts Corporate bonds All of the above

Investing...? I have a question for anyone with sound advice to offer. My base income is $128K per year. I participate in my company's 401k savings plan to the tune of 11%. I don't qualify for a Roth IRA. Are there any other Pre-tax vehicles I can take advantage of? It seems that I am in this income area where options are few. I also recently sold a home, and profited by about 100K. The issue here is that unless I am willing to drive for an hour or more to the office and then an hour home in the evenings, I have to buy a new place in an undesirable area, or just rent. Am I headed for disaster by not being in the real estate market? Should I buy something I can afford, even if the neighborhood is iffy? I have zero debt by the way. No credit card debt. I do lease a car, but receive a car allowance from my company that covers the expense. HELP!!!