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Articles from Bryan Benson | Selfgrowth.com
- Retail: How to tell what is up and coming - by Submitted on Apr 22, 2008 from Bryan BensonWhat do you want to know? Maybe you have a few questions about how to know the difference between what is retail now and what will be retail in six months. Say you are in a market where progress is going to explode! In fact, it is going to happen very rapidly! Say you also have a couple of ...
Views: 759 - Ron's Magic Yellow Letter - by Submitted on Dec 17, 2007 from Bryan BensonThe infamous “yellow letter” has brought success in some way to everyone that has implemented it in his or her business. Putting it into your business is a time consuming process, but it is well worth the time and money. There are a few important details to remember that are ...
Views: 1099 - Senior Housing: What To Watch Out For - by Submitted on Apr 02, 2008 from Bryan BensonWhen it comes to senior housing, there are a few areas you might want concern yourself with to avoid any pitfalls. In fact, maybe the city itself (the city you are dealing with) does not believe there is enough senior housing in their area-maybe they are welcoming it. The first thing you need ...
Views: 589 - Short-sale: Don't Get The Short End Of The Stick! - by Submitted on Mar 26, 2008 from Bryan BensonShort sales can be very tricky. In order to benefit from a short sale, you must keep all of your ducks in row, and not focus on the sale but focus on yourself. Of course I’m not suggesting that you don’t focus on the sale-you always want to stay focused on the sale. But what I am ...
Views: 614 - Sign The Deed And Close The Contract? - by Submitted on Apr 15, 2008 from Bryan BensonSay you have a great deal and you are just waiting to close it out. In fact, tomorrow your plan is to get the deed (if they are willing to give it to you). Then, if they are willing to give you the deed you will need to get it signed. After getting it signed, you should have them review the ...
Views: 969 - The Art Of Mindfulness - by Submitted on Mar 11, 2008 from Bryan BensonAll of us can fall into a habit of inattention due to the routines of a typical day, going into the bathroom to brush the teeth and wash-up, get dressed, eat a quick breakfast, get into the car and go to work. Most of us are engaged with the same routines at least five days a week with little ...
Views: 587 - The Nightmare Property - by Submitted on Dec 17, 2007 from Bryan BensonAt first glance, it looks like a great investment and prospects of a fantastic gain are everywhere. You’ve got a great house, very good looking, everybody who sees it loves it. It's in a very promising area, you’ve got the deed on it, and you’ve been trying everything you know ...
Views: 636 - The Perfect Short Sale Candidate - by Submitted on Dec 17, 2007 from Bryan BensonMany wonder what the ideal short sale candidate might look like. With all the different and unique situations that you may run into, here is an example to compare to. If a potential seller’s asking price is the total amount owed between a first and second mortgage together and is several ...
Views: 1840 - The Perfect Time To Consider A Lease Option Part I - by Submitted on Apr 08, 2008 from Bryan BensonWhen you are buying is there really a perfect time to consider a lease option? You have found the perfect house and you are being pressured to consider a lease option. If you were to ask this question to one hundred different investors you just might get one hundred different answers. The ...
Views: 811 - The Perfect Time To Consider A Lease Option Part II - by Submitted on Apr 08, 2008 from Bryan BensonWhen you are buying is there really a perfect time to consider a lease option? As we talked about in part I, there is never a perfect time to consider a lease option. Here is an idea on how to get things subject to: with a minor modification on your presentation you might be able to convince ...
Views: 775 - There IS No Bubble To Burst In Real Estate - by Submitted on Dec 11, 2007 from Bryan BensonRising real estate values and falling interest rates get a lot of people in a panic. At the same time, it seems like the trend in rising real estate costs is ending, and many are concerned. In fact, in today’s real estate market, the turn of the tides can be described as a buyer’s ...
Views: 626 - Three Ways To Get Better Real Estate Deals (And Work Less For Them!) - by Submitted on Dec 11, 2007 from Bryan BensonHave you pursued training as a real estate investor, or are you just assuming that you can make the right decisions and profit in the industry? Most likely, if you are like the majority of so-called real estate investors, you haven’t had proper training and have simply applied a sum of ...
Views: 574 - Tips For Advertising In The Newspaper - by Submitted on Dec 13, 2007 from Bryan BensonEveryone seeks maximum exposure when trying to sell a property and to attract a tenant or potential buyer. Many different methods are available to choose from when you are looking to bring maximum exposure to your property. When your signs are being taken down by mischievous teenagers and home ...
Views: 566 - To Get Really Good, You Must First Be Really Bad - by Submitted on Dec 04, 2007 from Bryan BensonI never cease to be amazed by people who expect to get good at something overnight. I see new investors get into real estate all the time and somehow they get this illusion it’s some kind of fairy tale business where you can go from beginner to expert in a few short months. Where does ...
Views: 594 - To Get Really Good, You Must First Be Really Bad - Part 2 - by Submitted on Dec 05, 2007 from Bryan BensonWHACK EM! I keep telling everyone I can this is only a part time business with a full time income. If you crank up your buying machine and prescreen out the suspects quickly it only leaves you a handful of people to talk to and a few houses a month to visit for you to buy two or three deals ...
Views: 713 - Understanding MAO - by Submitted on Jan 01, 2008 from Bryan BensonWhen lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due because the balance due on the loan is more than what the property will sell for. Not all lenders will accept short sales or discounted payoffs, especially if it would make more ...
Views: 837 - Vacant House: What's My Move? - by Submitted on Apr 17, 2008 from Bryan BensonHere’s a scenario for you. Say you have an option on a house for sale and it is out of state. It has been on the market (off and on) for over five years. The house is vacant as the owner lives out of state. What do you do? The answer to your problem is to auction it. Many people have been ...
Views: 731 - War Zone Property - Part II - by Submitted on Apr 30, 2008 from Bryan BensonPart II Remember our war zone property? Remember the house you purchased for a steal? Now you are desperately trying to sell your home. In fact, you have made such great improvements to the whole property that if you were selling it in another location, you could get four or five times the ...
Views: 849 - Watch for the Red Flag - by Submitted on May 02, 2008 from Bryan BensonHere is a situation for you. Say you have some property that you have bought subject to. You have owned it for a year or two and there is some pretty good equity in it. We will even take it a step further. Now we are going to add to the situation. Let’s say you have a couple of properties ...
Views: 816 - What Is The Best Way To Go When Using Comps? Part I - by Submitted on Apr 24, 2008 from Bryan BensonPart I Kind of along the same line as how to determine the value of the market, you may question the best way to go when using comps. Many people wonder, is real quest the best way to go for that? There are a few who tend to think they are very conservative (and in the seller markets it always ...
Views: 803 - What Is The Best Way To Go When Using Comps? Part II - by Submitted on Apr 24, 2008 from Bryan BensonPart II As we talked about in part 1, using comps requires a little more than just relying on data. I also talked briefly about the sophistication of the valuation model. The truth is, it just is not that sophisticated. Basically what I am saying is do the comps (just use the more recent comps ...
Views: 745 - Working With A Mortgage That Is In Forbearance - by Submitted on Jan 02, 2008 from Bryan BensonA forbearance agreement in real estate is an agreement by the lender not to exercise the legal right to foreclose in exchange for an agreement by the borrower to a payment plan that will cure the borrower’s delinquency. This is something that can be actively pursued by someone who is ...
Views: 611 - Yellow Letter Campaign: How To Handle Your Calls - by Submitted on Apr 02, 2008 from Bryan BensonAre you having issues with your yellow letter campaign? Let me guess. You are getting a ton of calls, which let’s face it-that is wonderful problem to have. Are you unsure of how to really explain yourself? Many people find themselves in this situation. Think about it. They basically get ...
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