Rental Property Buying Questions – 5 Key Questions That You Have to Remember to Ask!

This article will give you five essential rental property buying questions that you should ask whenever you are considering buying property for investment purposes. Failure to ask these questions could end up with you wasting time attempting to do a property deal that was never really a deal to begin with, or it could end up with you losing huge amounts of money.

How long have you owned the property? – Novice property investors and developers regularly fail to ask this question and therefore end up spending hours researching and haggling on a property deal that was never really going to happen in the first place. The reason this is such a key question is because once you know the answer to it, you are 60% towards working out whether the person selling can afford to sell to you cheaply enough for it to be worth your while. For example: if the person in question has only owned the property for two years it is unlikely they will have enough equity in their property to be able to sell you their property at 15% plus, below market value. On the other hand, if the sellers have had their property for over 10 years there is a good chance that it will be worth almost double what they originally bought it for; therefore, there is a much larger likelihood that they can absorb a 15% plus, below market value offer.

Why do you want to sell? – This question will help you to access their motivation for selling. If they just want to sell because they think house prices have gone up recently and they want to cash in on this fact, then you are probably not going to be able to buy their property at a good price. Alternatively if they need to sell quickly because they have got themselves into financial difficulty or their job has relocated to a different area and they need to move with it, then you might be able to negotiate a good discount.

How quickly do you need to sell? – The answer to this question will again be a key indicator as to how motivated they are. If they say that they are not in any great rush and they will sell as soon as they get a good price, then you will probably not get a good deal. If they say they need to sell this month because they have already put in an offer on another property and it will fall through unless they are able to sell their property within the next month, then you might be able to negotiate a good below market value deal.

Is there any debt secured on the property and what sort of debt do you have secured and unsecured? – This question might seem a little intrusive, but it is essential. If they have a property that is valued at £200,000 and they have a mortgage on it of £150,000 and they have £25,000 of secured or unsecured debt that they wish to pay off, then if you already know that the maximum you can offer to make the deal stack up for you is £165,000, then you know straight away that this deal is probably not going to happen. If you had not asked this question, then you would probably have wasted your time and money pursuing a deal that was never realistically going to happen.

Would you like to be a tenant in the property after we have bought it? – People that need to sell because they have got themselves into financial difficulty often don’t actually want to move. This is especially true of families who have kids who are happy at local schools. If they would like to still live in the property you potentially have the makings of a ready made tenant and once you know this fact, it can help you think of ways to create a win win situation, a lot easier.

The list of five rental property buying questions above is by no means exhaustive and there are many other things you need to know and find out about; however, the above list should give you a nudge in the right direction and help you to make more financially sound decisions.

If you are serious about making money from property in today’s property market then you could save yourself at lot of time and money when you claim your free property book [http://www.investment-property-guru.com/property-investment-newsletter.html] from the investment property guru [http://www.investment-property-guru.com] website.

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Seven Dickinson Wright Attorneys Recognized in Nevada Business’s Legal Elite 2015

LAS VEGAS, Nev. (PRWEB) June 09, 2015

Dickinson Wright PLLC is pleased to announce that seven attorneys from the firm’s Las Vegas and Reno offices have been included in Nevada Business’s Legal Elite 2015.

This year’s list features 300 attorneys on the Northern and Southern Nevada lists, one-third of whom represent the north end of the state. In addition, nearly 50 Best Up and Coming attorneys are included. In order to be included, attorneys passed several levels of scrutiny. After nominations closed, ballots were reviewed for eligibility and each voting attorney was vetted through the State Bar of Nevada to confirm their good standing.

The following Dickinson Wright attorneys were included in Legal Elite 2015:

Southern Nevada

Michael Feder, Commercial Litigation, Entertainment & Sports, Intellectual Property

Jennifer Ko Craft, Entertainment & Sports, Intellectual Property, IP & Entertainment Transactions

Kate Lowenhar-Fisher, Commercial Transactions, Gaming & Liquor

Northern Nevada

Kathleen Brady, Appellate, Commercial Litigation, Intellectual Property

John Desmond, Appellate, Commercial Litigation, Intellectual Property

Anjali Webster, Appellate, Commercial Litigation

Best Up & Coming Lawyers

Ketan Bhirud, Commercial Litigation, Intellectual Property Litigation

About Dickinson Wright PLLC

Dickinson Wright PLLC is a general practice business law firm with more than 400 attorneys among more than 40 practice areas. Headquartered in Detroit and founded in 1878, the firm has fifteen offices, including six in Michigan (Detroit, Troy, Ann Arbor, Lansing, Grand Rapids, and Saginaw) and eight other domestic offices in Columbus, Ohio; Lexington, Ky.; Nashville, Tenn. (2); Las Vegas, Nev.; Phoenix, Ariz.; Reno, Nev.; and Washington, D.C. The firm’s Canada office is located in Toronto.

The firm offers clients a distinctive combination of superb client service and exceptional quality. Dickinson Wright lawyers are known for delivering commercially-oriented advice on sophisticated transactions and have a remarkable record of wins in high-stakes litigation. Dickinson Wright lawyers are regularly cited by Chambers, Best Lawyers, Super Lawyers and other leading independent law firm evaluating organizations.







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Zumper.com Joins the MRI VaultWare Apartment Content Syndication Network


Cleveland, Ohio (PRWEB) April 28, 2015

MRI Software, a global leader of property and investment management solutions, has added Zumper.com to the MRI VaultWare syndication partner program, giving mutual clients the ability to enhance and automate Zumper.com advertisements within the MRI VaultWare Apartment Marketing and Reservation System. When an MRI VaultWare client opts to add MRI VaultWare’s functionality to their Zumper.com advertisement, apartment hunters are provided with the ability to check current apartment availability, request to hold a specific available apartment, and even find out if they are qualified to rent from the community with MRI VaultWare’s integrated pre-qualification feature.

MRI Vaultware Apartment Marketing and Reservation solutions provide consumer-centric apartment marketing, leasing, and market analysis capabilities focused on delivering an ideal online shopping experience that results in streamlined operations, highly qualified leads, and more leases. The software features automated content updates, including current pricing availability pulled directly from their property management or revenue management system, which results in consistent content across the client’s MRI VaultWare-powered online advertisements. In fact, more than 15 million apartment hunters use MRI VaultWare to help them find their perfect apartment every year.

Zumper is a mobile-focused Internet Listing Service (ILS) that allows free apartment and house marketing for every US building, property manager, and landlord. Over 70% of the millions of renters on Zumper send messages via mobile, with a heavy focus from iOS and Android apps, which have been featured in the App Store and Play Store, respectively. Zumper has over one million monthly searches, with heavy adoption among millennial renters.

“Zumper is excited to add MRI VaultWare to our multifamily listing syndication network,” said Zumper CEO Anthemos Georgiades. “Our free-to-market model allows MRI VaultWare clients to get real-time access to our mobile-focused renters through the MRI VaultWare feed. We look forward to the partnership with MRI VaultWare and their clients.”

Zumper is the latest company to join the MRI VaultWare content syndication network, a robust and high-quality collection of the best and most frequented ILSs in the industry. MRI VaultWare clients can elect to have MRI VaultWare enhance their Zumper.com advertisement by navigating to the “ILS Selection” on the MRI VaultWare Control Panel.

For more information about the MRI VaultWare Reservation System as well as the entire lineup of MRI VaultWare Apartment Marketing solutions, please visit http://www.mrisoftware.com/vaultware-products.

About MRI Software

MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages over 40 years of business experience to develop long-term successful relationships with its clients. Originally founded in Cleveland, Ohio, U.S.A., the company has offices in Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit http://www.mrisoftware.com.

About Zumper, Inc.

Zumper, based in SoMa, San Francisco, is the fastest growing ILS in the country with millions of renters using its search platform, http://www.zumper.com . Zumper, a team of 20, has raised $ 8.2 million in venture capital, most recently a $ 6.5 million Series A round led by Kleiner Perkins Caufield & Byers (February 2014).







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Rental Property Buying Tips – 4 Tips That Can Help to Transform Your Property Investing Business!

This article will give you four tips that can help take you from barely making any profit from property to making huge amounts of money. If these tips are followed they can be the missing ingredient that will catapult your property investing career to the next level.


Don’t be afraid to put in low offers – If you really want to make a profit from property you need to go beyond your comfort zone. Sometimes the only difference between someone that consistently manages to buy property at 25% below market value and someone that can only manage to buy it at 10% below is the ability to put in low offers. You have to be prepared to occasionally squirm when you put in an offer because it is way below market value.

You don’t want to necessarily do this all the time, but you should consider in when there is a property deal where the figures do not stack up. Sometimes property investors know the only way a deal is going to stack up is to offer 35% bellow market value, yet they don’t do it because they either don’t want to be disrespectful to the vendor or they just lack the courage. In effect they make a decision to lose the deal instead of making an offer.

If instead of doing this you make the offer of what you can afford to make the deal stack up and explain a bit to the vendor about why this is all you can afford to offer, then the ball is in their court and it is their decision whether they will take the deal or not, but the deal is still live and on the table. Even if they refuse the deal there and then, still leave the deal on the table because if they don’t manage to sell the property in the next few weeks or months they might well give you a call. You might only end up buying about 5% of the properties that you attempt to, in this way, but that is 5% more than it would have been if you did not put a deal on the table and give the vendor a chance to consider it and say yes or no.



Create Profit – If you can, buy properties that you are able to quickly and inexpensively add value to. This might be properties that you are able to create an extra bedroom in for minimal extra cost or it might mean properties that you can create a driveway that will add thousands onto the value. Whatever the case happens to be, if you can find properties that fit your strategy and that have potential that hasn’t been taken into consideration in the selling price, then you should do what you can to buy them.




Network, network and then network some more – Property investing is not static; it is a constantly changing dynamic way of making money. One of the best ways to keep up with all the changes that are happening in property and to keep on top of any new advances that you should take advantage of, is to network with other property professionals. This doesn’t just mean property investors or developers; it also means, mortgage brokers, solicitors, estate agents and anyone else that is involved with property and making a living from property on a daily basis. This is an effective way to stay on the cutting edge of what is happening in the property World.



It’s a numbers game – When thinking about rental property buying tips, one of the major tips that is sometimes overlooked is that you have got to be prepared to play the numbers game. You have to to look at enough properties to be able to buy the right ones below market value and you have to be able to crunch the numbers to make it work.

If you are serious about making money from property then you need to seek to always be improving your property education [http://www.investment-property-guru.com/property-education.html]

Visit the investment property guru [http://www.investment-property-guru.com] website and take advantage of our current offer and get a free property book, that will help you do just that.

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Investment Property

During these times, there is really no wonder if you are going to venture in investment property. A lot of people want to try this out to secure their financial status so that they can fund the education of their children or in preparation for their retirement goals. There are also some people who want to try this out so that they can create a more passive income and they will not just rely on their regular employment. No matter what your purpose could be, investment property is indeed a venture that anyone can try.

But if you want to try this out, you should also know that there are a lot of things that you still need to take into account. As you must have already known, this is not an easy venture. There are still a few important things that you need to take into account so that you will be successful with this venture. When it comes to Investment Property, you should always consider the location of the property that you are going to purchase. And in order for you to do so, you have to consider the purpose of the estate. For instance, if you are going to purchase a townhouse, apartment, or a condo, it is necessary for you to make sure that it is accessible to all the major establishments such as churches, shopping malls, restaurants, and the likes. You should also be certain that transpiration is not a problem as well as the security.

Of course, you should also never forget to consider all the expenses that you may incur when you purchase a house or a condo. You have to make sure that you are aware of the principal and the interest rates that you will have to consider as well as the required annual taxes and the regular maintenance fees. Aside from these obvious expenses, you should also make sure that you will be able to accurately assess the costs that you may incur when maintaining the condition of the foundation, walls, roof, and the likes. All of these should be covered so that you will be able to accurately estimate if you will really be able to afford venturing in investment property.

You should also never instantly agree on the price that will be offered to you. It can be very helpful if you are going to look for discounts. When it comes to investment property, you have to determine if the discount is already deducted on the gross price. This is why it may also be every helpful if you are going to learn how to negotiate with these kinds of transactions.

Then, once you have successfully closed a deal, you can look for a tenant who can really pay the required rent. This is necessary because you do not want to get a tenant who is more of a burden than an asset. You should also be certain that they are responsible enough so that they will really take care of your property.

But if you are really clueless about all of these things, then it can be very helpful if you are going to ask for the assistance of professional agents. They are really experienced with these kinds of transactions and they also know where you can get huge discounts.

There are still some things that you need to consider when it comes to investment property, but these tips should be able to give you a good start.

BuyProperty4Less are the UK’s leading Investment Property Company.Click here to get more information on Investment Properties.
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Buying UK Property

Every year, more and more people decide that they want to buy into UK property, there have been some slips with the house market not being great but it is getting better and as such more and more people are looking at buying. You can be mislead into thinking that buying property and moving to the UK from abroad is a simple process, however, you shouldn’t just jump into buying somewhere without putting in all the relevant research and thought first.

Make sure you research the market. House prices in UK can vary from region to region. Also UK property prices can fluctuate hugely depending on the current state of the market. You need to make sure you follow these variations and fluctuations to make sure that you do not pay over the odds, at the time of writing this article you are able to find some very good prices but then again it works both ways and you may find some ridiculous prices which you do not want to be paying.

When searching for UK property you will be able to find all the details you need about a house through an estate agent or by asking if you are buying the property privately. Most estate agents give you all the details you need to think about before deciding whether or not to go and view the property in question.

Check your budget! This should be a bit of a no brainer, but it is all too common for a somebody to over evaluate your current money situation and decide to go and buy UK property and then find out further along the road that you do not have enough money to keep up with everything.

While looking for UK property you are able ask estate agents or use the internet, I would definitely suggest having a long look around on the internet before you decide to go viewing loads of houses as you may find the perfect house at a cheaper price. As it is easy to search different estate agents rather than just one when you go into a shop, so you will get more results for what you are looking for. Also you can sit down and search for houses in your own time and at a speed that is right for you rather than having to go and look for UK property in estate agents where you may feel rushed or intimidated. Overall I would say the internet is the best way to go.

You could well be the proud owner of a UK property if you play it right and don’t rush things, it’s the best way to do it. Good luck.

UK Property for sale.

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How to Quickly Analyze an Investment Property

How to Quickly Analyze an Investment Property

http://www.biggerpockets.com/renewsblog Investment properties are everywhere. Hundreds, thousands, maybe tens of thousands (depending on where you live.) So, obviously, it’s impossible to go an look at every single one. So how do you choose which ones to look at, what to spend your time analyzing, and how the heck do you even analyze it?

I’ve had a few questions lately about how I analyze an investment property – so today I decided to make a quick video showing exactly how I do it. This is not a comprehensive analysis, but just a quick, 5 minute look at what kind of income the property will provide, based on the income, the expenses, and the 50% rule. This property is an actual property, currently listed for sale in my town – so this is about as real as it gets! Check it out, and let me know your thoughts below in the comments. What would you offer on this property?
Video Rating: 4 / 5

15 Ways to Buy Property No Money Down – Real Estate Investing Training Video

http://www.localmentor.com Colorado Real estate investment expert, Michael Jake, teaches zero down investing techniques. Learn foreclosures, short sales, subject to, land contracts, owner financing and other creative real estate financing structures. Free Colorado real estate investing course teaches you how: http://www.localmentor.com
Video Rating: 4 / 5