Real Estate Knowledge
Great management is not achieved when there is something to gain, but by putting our client first and managing for success.
Real Estate Financing
No matter what some late night infomercial might lead you to believe, there is no such thing as "free" real estate. Real estate is a commodity and must be paid for. As a real estate investor, one of the most important roles you will play is to put together your deals using a variety of different financing tools. Understanding real estate financing will teach you the ins and outs of various methods you can use to fund your real estate investments.
Why It’s Important to understanding real estate financing? There are many ways to finance real estate:
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All Cash
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Conventional Mortgages
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Portfolio Lenders
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FHA Loans
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203K Loans
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Owner Financing
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Hard Money
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Private Money
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Home Equity Loans and Lines of Credit
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Partnerships
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Commercial Loans
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Other Investment Tools
Find Real Estate Deals
When you identify in know the ideal property and have set your criteria’s, it's time to start looking for your investment property. No doubt you've seen "For Sale" signs in front of homes, but there are many other ways to find investment properties.
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Zillow.com
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Realtor.com
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Redfin.com
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BiggerPocketsMarketplace.com
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Auction.com
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Loopnet.com
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Trulia.com
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Multiple Listing Service (MLS)
Tools for Real Estate:
While at first it may seem important that you learn everything you can about real estate investing, in reality, it is best to focus on two things: an investment vehicle and a strategy for using that vehicle. Below are some of the most popular investment vehicles, as well as the most common strategies for moving forward.
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Buy and Hold
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Flipping
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Wholesaling
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Real Estate Investment Trust (REIT)
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Buying Single or Multiple Family Homes
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Buying Raw Land
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Duplex/Triplex/Quads
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Small or Large Apartment
Real Estate Rules:
Perhaps the most important part of the criteria you put together is the financial component. If a deal doesn't make sense financially, it's not going to be a strong investment for you. There are basic math surrounding real estate investing, such as income, cash flow, and return on investment. A "rule" is short for "rule of thumb." Rules can help give you a quick way to evaluate a property's financials on the fly. As with any "rule of thumb," using rules is not an exact science and should never be relied on entirely to decide if a property is a good investment. However, they can help you quickly filter a property and decide if it's worth further evaluation. Let's take a look at a few of these rules:
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The 70% Rule - Says that you should only pay 70% of what the after repair value is, less the repair costs.
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The 50% Rule - Simply states that 50% of your income will be spent on expenses -- not including the mortgage payment.
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The 2% Rule - States that your monthly rent should be approximately 2% of the purchase price. In other words, a $100,000 home should rent for $2,000 per month.
Property Management:
We provide people in real estate with honest, simple resources to turn their real estate holdings into thriving, lucrative investments.
We focus on helping property owners maximize their real estate income potential by connecting them with local, professional property managers.
JTZ Management is a growing company with a lot of opportunity. We are thrilled to be a part of your community, a leader in the property management industry! We help real estate owners realize the full potential of their investments, and help accelerate growth for property management.