The Best Real Estate Strategy You’ve Never Heard Of – Landbanking

I’ve been investing in real estate since the early ’80s. I’ve done rentals, rehabs, some wholesaling, and some lease options. I’ve done rent-to-owns and raised and repaid over a half million dollars in private capital to fuel my efforts.

And I’ve learned some valuable lessons along the way…

I’ve learned that real estate investing is a lot of work, with no shortage of pitfalls, and that rentals aren’t nearly as passive as I thought they’d be. In short, real estate investing can be a real mine field and navigating through it takes considerable time, knowledge and resources.

At least I thought it did.

In 2006 I was researching pre-construction condos and condo conversions when I stumbled onto LandBanking.

Landbanking? I thought I knew all about real estate — but I’d never heard of this before. So my antennae went up and I began learning all I could about LandBanking.

What is it? Well, it has nothing to do with safe-deposit boxes full of sod. And, it isn’t new, though the term may be. In fact, the basic LandBanking strategy is as old as civilization and private property rights. It’s as proven a strategy as any real estate strategy can be. In a nutshell, the strategy is to locate land in the path of near future development, buy it, then wait for development to approach and developers to offer you a whole lot more for the land than you paid for it.

If the metropolitan area where you live has been growing, I’m sure you’ve seen this in practice. Farmers typically will sell some or all of their fields to developers who will then build commercial or residential units on the land.

So what makes this the best real estate investment strategy? Three things the tremendous appreciation potential, the absence of all the hassles and headaches normally associated with real estate investing and the ability to go it alone or partner with experienced professionals.

If you have the interest, time and financial resources to find these valuable land parcels and negotiate their price, it would be hard to find a better or safer investment for your money. Some of the wealthiest throughout history have used Landbanking to start or grow their wealth. Today, Donald Trump owns one of the last large undeveloped land parcels in Manhattan – 100 acres along the Hudson River between 59th and 72nd streets. Bob Hope owned thousands of acres near Palm Springs, Phoenix and Malibu and 10,000 acres in San Fernando valley when it was little more than orange groves. Howard Hughes also held large amounts of land in or near Los Angeles and Las Vegas.

If you think those opportunities are gone, think again. Until the US population starts to decrease, or the amount of land starts to increase (hope you’re not holding your breath for either of those), the law of supply and demand will continue to push land prices ever higher. With few exceptions, most metropolitan areas in the country have been growing. And that means the land around them is becoming more valuable.

If you like the idea and the potential of LandBanking, but lack the time or financial resources, you can still participate by partnering with a professional. This is where the hassle-free part comes in. There are companies in the US that specialize in acquiring tracts of land for LandBanking and share the opportunity with would-be LandBankers who lack the time and financial resources to go it alone.

Instead of needing countless hours and millions of dollars to LandBank independently, you can become a LandBanker with a couple hours of due diligence and a few thousand dollars. Not much more time or effort than investing in a mutual fund. No searching out quality land (that’s already done), no negotiating (already done), no tedious and complicated closings (a few simple and straightforward documents), no tenants, no contractors. In short, no headaches and no hassles – just the ability to passively and affordably become a LandBanker and claim your share of LandBanking wealth.

LandBanking offers one of the lowest risk, highest return investments available. Click below to find out more about LandBanking in general and one company in particular you can partner with.

First Time Home Buyer’s Guide To Real Estate

“When you set out to buy your first home, you certainly want to buy a piece of real estate that you can consider to be home” and not just an investment. At the same time, the best real estate purchase is one that can fill both of these roles. Therefore, when you begin the search for your home, there are a few things you should keep in mind in order to make the best purchase possible. These include:

Location
House size
Lot specifications

By considering these three areas carefully, you will be more likely to make a real estate purchase that will make you happy for years to come.

Considering the Location

Everyone has heard that location is the most important aspect of real estate and for good reason. After all, if the real estate you buy is in a poor location, you are not likely to be happy living there and you will have a difficult time selling the property later.

When considering a piece of real estate, you want to look into the crime statistics in the area. Just looking up the numbers for the area is not enough, however, as this does not paint a clear picture of the specific neighborhood you are considering. Find out as much as you can about your neighbors before moving in as living next door to the wrong people can make your life miserable and can significantly decrease your property value.

You can learn more about your neighbors by driving through the neighborhood at night on a couple different occasions. You can also ask your local police station to provide you with a list of all of the calls they received within a one mile radius of the home over the past two years. This list will tell you when the calls where made, where the police were dispatched, and why they were called in the first place.

Considering the Size of the Home

The size of the house you are looking to buy is another important consideration. Obviously, the houses in the neighborhood will vary somewhat is size, but most should be pretty similar. When it comes to resell value, you don’t want to buy the largest home in the neighborhood. Similarly, if the homes around the one you are looking to buy are smaller than yours, your home most likely will not appreciate in value as quickly. At the same time, purchasing a home that is smaller than the other properties in the neighborhood will help to increase its value faster.

Of course, you need to purchase a home that is large enough for you and your family. Therefore, you will have to weigh your needs against the potential resale value of the home when making your decision.

Considering the Lot

Although most of the value of your real estate purchase will be tied up in the actual home, you certainly want to consider the lot as well. Don’t worry too much if the lot does not have a great deal of landscaping done to it. You can add your own landscaping later, which will give the value of the home a nice boost. More importantly, you want to select a lot that is not overly crowded, oddly shaped, or situated in a strange position. All of these factors can make it more difficult for you to sell the home later.

When you buy a house, you definitely want to get a place you can call home.” At the same time, you want to shop smart and purchase a piece of real estate that will increase in value and serve as a wise investment as well.”

Is WordPress the Best Platform for Your Real Estate Website?

WordPress has become a popular choice for the development of real estate websites. However, is it the best content management system (CMS) for your real estate website? We’ll examine why it may not be the best choice for website owners.

Why Real Estate Website Designers Are Using WordPress

With WordPress being an open source and free platform, it has become the popular choice for website providers and developers. Whether you are building a community website or a store with shopping cart, the availability of third-party themes and plugins allows you to achieve just about anything you would want.

WordPress gives website developers a great starting point and tools to build a website. Back in the early years of our company, our website developers developed websites from scratch with the code using NotePad. WordPress now allows people to build websites even if they have no knowledge of coding. In fact, many who know how to build websites using WordPress now call themselves “website developers” even though they have no knowledge of the actual website coding.

Doing It Yourself – The WordPress Learning Curve

If you have little or no knowledge of website development, the WordPress learning curve will be steep. Hosting and installing WordPress can be an intimidating and daunting task. Even with the availability of installation guides, the installation of just WordPress itself can be a nightmare if you have no knowledge of the hosting lingo. When you do get WordPress installed, you have a generic website that requires the installation of third-party themes and plugins. This is where we see most users just throw in the towel and contact us. They have a project they wished they never started, and the time they’ve spent trying to launch their website could have been spent towards growing their business and getting more clients.

Having Somebody Build Your WordPress Real Estate Website

Even if you have somebody build your website for you using WordPress, we still see many users coming to us for help. They still feel their website content is hard to manage and the change of their design nearly impossible. The main reason is that since WordPress was designed for everybody of all industries, there is so much in the backend that it becomes overwhelming. Most website owners only require a small percentage of the features available in WordPress.

Design

WordPress can build beautiful and attractive real estate websites with many real estate themes available to install. Themes give you a great starting point, but they still require customization to achieve the website you really want. A WordPress theme comes generic, requiring quite a bit of customization to personalize it for your business. From our experience, a WordPress theme will only get you about 50% of where you actually want to be with your website. The other 50% requires stripping the loaded theme to only the things you want, adding your own relevant content and images, installation of plugins, and design customization.

WordPress Vulnerability

With the popularity of WordPress comes many struggles for real estate website owners. One such major and vital struggle is website security. Once a hacker finds one vulnerability in WordPress, all WordPress websites become open to an attack. In November 2014, a vulnerability was discovered that left almost 86 percent of the 75 million WordPress websites open to an attack. Just a month earlier, 800,000 banking credentials were stolen from hacked WordPress websites.

If your website is built on WordPress, most likely it is using third-party plugins. These third-party plugins can also contain vulnerabilities making your website open to an attack. If a vulnerability is found in the plugins, you are then at the mercy of the third-party developer to fix the security issue.

Now, it is up to you if you are going to use WordPress as your platform for your business or not. It is also your choice if you will do it yourself or you will hire somebody to do it for you.

The Profusion360 Platform – The Best Solution for Real Estate Websites

Profusion360 wanted to develop its very own CMS platform that was designed specifically for real estate website owners. From our years of experience and feedback from agents, we’ve taken the features that website owners really need and put those in our own platform. We’ve also developed our own proprietary system that will give users a website that is over 90% complete with only minor customization needed such as adding your photo, logo, and contact information. The results are beautiful, professional, modern real estate websites with an easy-to-use and powerful backend control panel that allows website owners to easily and efficiently manage their content and design.

The Importance Of A Good Real Estate Investing Guide

It’s no surprise that the foreclosure market is at an all time high as it seems that more and more properties continue to face home foreclosure. Because of this increased volume over the past few years and the resulting opportunities the need for a real estate investing guide in foreclosures is tremendous.

Short sales are starting to be more and more attractive when purchasing a foreclosure because there are offered huge discounts. Any real estate investing guide admits that the market has been taken to a new level as there are more and more investment opportunities popping up everywhere. Thus, it is very important to have the correct knowledge and the best real estate investment guide when such opportunities present themselves. That is why we created a special foreclosure list providing step-by-step information to guide you when buying foreclosure properties.

The investing process contains three steps, such as pre-foreclosure, foreclosure auction, and bank owned properties REO. Each of these steps in the investing process can be extremely profitable in case you understand every different stage and use creative investing techniques. This real estate investing guide has the purpose to prompt your attention on the importance of successfully find foreclosures in each stage, creatively finance them, and finally profiting from each deal. You need to be aware of the bank foreclosures, real estate short sales and many more others. The greatest thing about the real estate investment guide is that the strategies presented can be used anywhere in the U.S. A.

There is no doubt that investing in pre-foreclosures with short sales has never been a better deal. Anyone interested in real estate investing should be introduced to a creative technique known as the real estate short sale. Short sales make it possible for the real estate investor to discount the loan from the lender. This technique should be very well studied in case you want to be competitive on today’s market.

The real estate auction is also called the foreclosure auction and can be quite a rewarding thing for those that do their homework good. There are great investment opportunities that offer discounts as much as .50 on the dollar. If you buy foreclosure at such an auction, you must know the steps involved in order to have a good experience.

Bank owned properties are generally called REO’s (real estate owned) and they are one of the most common foreclosure investment practices today. These properties are actually homes, which have gone through the foreclosure auction and as there were no bids, they have eventually become a bank owned property. Make sure you search for this in your real estate investing guide if you want to be on top of the real estate market.

The real estate investing laws for are different in every state and in a continuous changing process. It is important to note that when you begin to invest in real estate foreclosures you need to understand the real estate laws and procedures applying in your area.

Thus, if you are ready to make money you definitely need to consult a real estate investing guide that will teach you about the proven systems used by professional investors to invest in real estate foreclosures. Whether you are buying a foreclosure for yourself or as an investment, the information provided in the guide will definitely help.

Hiring A Top Real Estate Agent The Key To A Good Sell

So you’ve decided to sell. Or buy. Either way, purchasing a new home is without doubt an important milestone in your life. If you are going to take this step, why not be smart about it and contact the top real estate agents available in your area? Selling or buying on your own is not out of fashion, but quite a risky and unwise process, from several points of view. A top real estate agent will, undoubtedly, guide you to make a good decision.

There are more ways to determine whether the expert you’ve chosen to help you is indeed a top real estate agent or not. You should probably inspect his negotiation skills before thinking of his other qualities. He needs to be a pro at whatever can get you a better price and better features for your transaction. The top real estate agents will be masters in the art of compromise and won’t even blink when they are all caught up in a battle” for their clients. Dedication and honesty towards you, the client, are also crucial.

In case you’re selling your home, you definitely need to begin seeing things from the perspective of the buyer. The top real estate agents will help you do this. You need to figure out what would motivate people to move into that house or that particular neighborhood, if there are any special facilities closely related to the area your house is located in and what kind of people would be interested in it. There are dozens of factors to think about when selling and tempting a certain targeted clientele, but as said, a top real estate agent can assist you in getting the best price for your property.

You also need to remember that getting your house evaluated is an essential stage in the selling process. You do, of course, need to test those which you consider to be the top real estate agents in the area by studying their offers and deciding which one of them charges less, but is also fit for the job. Be very careful with small details. A top real estate agent will most likely be punctual or at least come up with a valid reason for being otherwise. Keep in mind that you have to impress your house has to be tidy and looking squeaky clean before your agent even arrives. Think of him as a potential buyer you need him as interested as possible in what you have to offer in order for him to be enthusiastic with future buyers.

Needless to mention, information is the key. Before even taking any action, you definitely need to know everything about the procedure itself, plus the other prices offered for similar property in your area and so on and so forth. Use the Internet to your advantage not only regarding the real estate market, but regarding your agent as well – especially the services he is ready to offer. You need to be inquiring about the experience he’s had so far and if he’s got a team of experts ready to make the transactions as smooth as possible.

Finally, you have to be looking out for those few special touches that can greatly increase what people are ready to pay for your house. They’re likely to prefer a home with major improvements, rather than buy a basic one and take care of everything by themselves. The improvements have to be made professionally to save the clients a lot of time and effort spent for fixing things up. So try to take advantage and exploit these tips in your favor as much as you possibly can. If you really do have a top real estate agent, he will know how to sell your house if you have a patio or a well maintained garage. He will underline the qualities your property has in order to attract as many buyers as possible and sell for a high price.