Zack Childress Review About House Flipping and Foreclosure Mistakes

Zack-Childress-Review-About-House-Flipping-and-Foreclosure-Mistakes

House flipping which is also referred to as wholesale real estate investing is an investment strategy that not all investor lays their hands on because even the most simplest and smallest mistake can ruin everything and things can have a drastic effect. This article Zack Childress review about house flipping mistake is going to be a blessing for all realtors who are planning to lay their hands on house flipping. Now, let us have a look at the pitfalls.

Lack of money: trying your hand in real estate is a risky affair and the very first expense is the acquisition cost. Finding such deals from legitimate vendor is no easy thing, so research the financing options and settle on which mortgage type best suits and stumble on a lender that offers low interest rates. Even though you may leave a sigh of relief thinking about the interest on borrowed money is tax-deductible, commit to memory that it is not 100% deductible. Explore the available financing options extensively and find a lender that offers low interest rates. You can make use of a mortgage calculator that makes things easier for you and the best part about this tool is that it allows you to judge against the interest rates offered by various lenders.

Failing to foresee the value: A smart approach is a must when it comes to evaluating your foreclosed home and that is, your approach for the transaction long-term instead of transitory. This is because a foreclosed home may decline further in value. Well, if the hope of flipping the property and reselling shouldn’t go in vain, then you got to consider crunching the numbers, else you may have to undergo long-term financial repercussions.
Skipping inspection process: This is one of the deadliest mistakes that you can ever do. Survey says that 72 percent of U.S. homeowners agreed with the home inspection and it had helped them avoid potential problems, on the other hand, people who have skipped the inspection process has experienced a severe downfall. Having said that, during this process it is good to team up while the assessor or the inspector is looking at the property. Ask questions take notes and do whatever is necessary, an amount of $300 to $500 is charged for this service, but this service is definitely lifesaving, so by no means, try to skip it.

Not doing your research or spending less time: be it renovation or house flipping, both are a taxing business venture and depending upon the size of the property, it might months or days to find and buy the right property. Once you own it, you need to spend enough time to fix things up. Scheduling inspections, checking for building code compliance are a few to mention.

You should move toward house flipping as a business moreover, just like any other business flipping a house is a venture which takes in a lot of time, money, planning and patience and skill and research. Harder than you imagine, taking things lightly will risk the whole process and most importantly if you are looking to get rich quick by flipping a home, you could end up in the poorhouse, so make sure that you do your research and spend enough time in executing what you have planned such that the whole process ends up in the way it’s meant to be.

Zack Childress Review About Co-wholesaling Joint Venture

Zack Childress Review About Co-wholesaling Joint Venture

Zack Childress automated wholesaling systems

Wholesaling in Real estate takes place when a party or the wholeseller unites with a potential home seller, markets the home, and then doles out the contract to one of them. It is a real estate strategy which gets sub divided into four strategies namely back to back closing, assignment, virtual wholesaling and co-wholesaling. The difference amount of the contracted price and the amount paid by the buyer is the profit that a wholesaler makes in this transaction. In general, wholesaling is the best and the fastest way to make money in the world of real estate. During the initial stages of the business, you wholesale without needing any of your own money or credit, nevertheless, there is one hindrance which any wholesaler has to deal with, at this stage of the business and it is nothing but finding enough inventory to sell to your database of buyers who is already present to purchase properties and this is where the co-wholesaling comes in. So, this article Zack Childress review about co-wholesaling will be of great help to you, if you are into co-wholesaling and wanted to know how to form a joint venture.

Joint venture wholesaling

Even though forming alliances with other wholesalers out there isn’t a difficult task, it is imperative for you to do your due diligence and most importantly one must be meticulous in putting efforts to establish and maintain them. At the outset, you need to do your research about the local wholesalers and get onto their investor lists. As you start off with this, you need to gather the contact numbers from the bandit signs and can also look at sites like Craigslist. Following this, you need to call up the wholesaler and introduce yourself and ask if they would be interested in splitting the profit if you bring a cash buyer for the property that they sell, if things fall in place then can stay connected to them and help them find potential cash buyers. By this means, apart from building your own buyers list, you can also stay rest assured about getting property inventories directly. Having said that, it is worth to note that this is the most important step for a beginner!

Hope you found this article helpful. Zack  Childress is a real estate professional helping aspiring realtors to be successful with his teachings like real estate principles, markets, and finance. His seminars and boot camps are a blessing to people who wanted to stamp their mark in the industry. Disclosing strategies that works wonders, in order to obstruct Zack Childress real estate progress, his rivals have always been spreading out false information, but then he has always been there for people who wanted to have his guidance and has devised many strategies to succeed in wholesaling. To learn more about the intricate concepts of real estate, do follow him on social media and stay connected to this real estate connoisseur.

Agents Can Make Money Fast Through Co-wholesaling

Agents Can Make Money Fast Through Co-wholesaling

Wholesale property selling is becoming big business and real estate executives are showcasing interest to buy and sell these types of wholesale properties. Agents who are planning to earn huge commissions focus on co-wholesaling since it is becoming popular real estate business. Real estate brokers or agents who are new to co-wholesaling business will learn the intricacies and complications that are involved in this trade when they take part in the professional training programs that are conducted by zack childress who has impressive track record in real estate selling and training. He offers webinars, classroom trainings, seminars and conferences regularly to aspirants who have minimum knowledge in real estate business.

Zack started real estate business when he was in his prime age and still continues this trade with same vigor and strength. He travels widely and conducts programs in all major cities and urban centers. He has successfully trained hundreds of students in his professional real estate training academy and showed them the path of success. He has expertise and profound knowledge in wholesaling, flipping of homes, co-wholesaling and other practices that are related to real estate business.

Visitors who are new to real estate business should take part in his time-tested webinars and closed door sessions. He will sharpen the skills of the students and provide comprehensive training on topics that are related to trending real estate business. People who are new to this site should explore blogs, testimonials and other articles before taking part in his training sessions.

Investors can grow their real estate business quickly

Zack who has trained en number of investors in the past will train new students wonderfully and teach them the magic of making huge money through real estate business. It is worth to note that zack childress has in-depth knowledge in real estate business and will walk through wonderfully during training sessions. Investors who are planning to purchase high-value homes, condominiums, duplex houses and other such luxury properties in the future should get in touch with zack since he has expertise knowledge in this domain.

He successfully manages assets worth millions of dollars and makes huge profit through real estate business. He has written and co-authored several books that are related to real estate business and manages to stay ahead in training and selling. Big barons will like his training programs and refer others to his academy. People who are desirous to invest in residential, commercial and industrial projects should take part in his upcoming classroom sessions. Buying best properties from growing localities is not an easy task and investors should consider several factors before buying them. These types of premium investors will get fantastic inputs from zack who has trained several big investors in the past. Zack advises investors not to purchase homes or offices immediately without professional consultation since they may lose millions of dollars if the purchased properties are not constructed according to present rules and regulations of the state. Visitors can dial the number that is shown here and register their names for the upcoming training programs.

 

Zack Childress Review About Buying Foreclosure Properties; Mistakes To Avoid!

Zack Childress Review About Buying Foreclosure Properties; Mistakes To Avoid!

Many of us have a wrong impression about buying foreclosed homes and we deem it is like the typical home purchase, but it’s not and this article Zack Childress review about buying foreclosure properties will unearth the true potential of buying distressed properties.

Buying a foreclosed property is definitely easier said than done, well it’s not going to be that easy, but if you know about the deep insights of it along with some buying guide you are said to reap the fruits of your labor effortlessly. 2017 has been a fantastic year for buying distressed properties because the rate of foreclosure filings were reported on more than 424,000 U.S. properties, but not all were able to pull it off so easily because there was a setback in knowing what to expect and the mistakes to avoid. Would-be buyers who haven’t done their groundwork have made costly mistakes, you don’t get trapped, here are the tips that will help you avoid some costly blunders.

  • Work upfront: Know how much to spend, learn more about the neighborhood, know about the process and most of all secure early financing for the reason that this will ensure that you are qualified to purchase the property. No matter whom you are working with, it may be a qualified agent or an experienced lender, it is important that you do some work upfront to become acquainted with the brass tacks of foreclosure process. This will make you more knowledgeable and may give you the additional bargaining power you require to bargain a better price.

  • Do not skip the inspection process: This is one of the deadliest mistakes that you can ever do. Survey says that 72 percent of U.S. homeowners agreed with the home inspection and it had helped them avoid potential problems, on the other hand, people who have skipped the inspection process has experienced a severe downfall. Having said that, during this process it is good to team up while the assessor or the inspector is looking at the property. Ask questions take notes and do whatever is necessary, an amount of $300 to $500 is charged for this service, but this service is definitely lifesaving, so by no means, try to skip it.

  • Foresee the value: A smart approach is a must when it comes to evaluating your foreclosed home and that is, your approach for the transaction long-term instead of transitory. This is because a foreclosed home may decline further in value. Well, if the hope of flipping the property and reselling shouldn’t go in vain, then you got to consider crunching the numbers, else you may have to undergo long-term financial repercussions.

Still facing a hiccup? Don’t fret! Zack Childress real estate training is said to help you. Zack Childress being the owner of REI Success Academy, he has trained a lot of inexperienced realtors achieve their dreams with this enlightening training session. He is the original creator of the co-wholesaling real estate investing system which allows any person, be it a connoisseur or a newbie to co wholesale real estate deals without any cash or credit. His REI quick cash system is such a hit and people are reaping huge benefits because of it. Still not convinced? Read our students stories and you will understand the value of Zack Childress training.

 

Zack Childress Reviews: Everything you want to know about Co Wholesaling

Everything-you-want-to-know-about-Co-Wholesaling

Wholesaling in real estate is considered to be one of the tough methods of making profit. If you are new to wholesaling business and trying hard to get the potential buyers database then the process might lag behind. What if you have a partner who can guide you and show you the database of eligible buyers? Sounds good? Right! That’s what Co wholesaling exactly is.
Co Wholesaling process makes your real estate investment business easy and you can find an investor or buyer easily. There are plenty of people who search for properties online and through realtors. The major problem is they don’t find the right person and right property at right time. You can help your co wholesaler to connect such potential buyers with him.

Co wholesaling doesn’t need any investment!

Co wholesaling can be a life changing option for beginners who want to start a successful career in real estate. Especially if you do not have enough money to start investing in real estate then you can spend your valuable time to search a potential buyer and share his details to your co wholesaler. He might have enough resources and do not have a database of buyers and your help mean a lot to him.
Such dealings will end up as huge success and the profit rate might not be huge at beginning. But once you start getting more deals you can rule the industry. You will eventually get more and more contacts and do the job like a pro.

How should I start doing co wholesaling?

Getting started with co wholesaling might be little bit tough since you need to find a partner who is honest and truthful to you. Find the like minded people in real estate conferences, seminars and ask them to join the business. Enquire about their work and needs and find how you can be helpful to them. Once you have found the right partner then make sure you have an agreement and your share is not low than the other. If you are investing, then the share should be equal to both of you regardless of any concern.
Co wholesaling has lot of benefits like minimum or no investment, fast process, easy access to the database of buyers etc. You can even find much more options of properties to sell in co wholesaling. You can take your business to next level after some successful deals.

How can Zack Childress’s REI Quick cash system can be a help for you?

Zack has developed the automated wholesaling system which can operate on autopilot mode and help you with the business. The REI quick cash system is fully automated and it can do the essential transactions of the business easily. Many investors who have multiple deals at the same time find it very difficult to complete all the paper works. At such scenarios Zack Childress REI quick cash system comes handy to help the investors to make the process easy.
Zack Childress also conducts many real estate seminars which can be of great use to young entrepreneurs. He has over 10 years of experience and has trained and educated many successful investors. His simple yet effective methodologies can help you to get more profit from real estate deals!

Zack Childress review about paying back taxes

Zack Childress review about paying back taxes

Zack Childress review – Tax deeds and tax liens are a lucrative opportunity for real estate investors. If you are laying your hands on it, then it is important that you are aware of the set of laws. Whether you purchase at a live or online auction, potential investors must do their homework in advance to avoid getting burned somewhere in the middle of the process later. Property taxes are the essential component of any county, city, or municipality and it supports all sorts of public services. In general, there are laws to assure that the government collects those finances, be it the delinquent taxpayer or a potential investor with a financial interest in the property.

When a taxpayer fails to pay his/her taxes for a continued period of time, then the taxing authority or entity will place a tax lien on the property and sell the right to collect on that lien to the winning bidder at public sale. An investor who has won the bid will take over the lien and collect the back taxes, plus penalties, and interest accrued for the period from the delinquent taxpayer. The delinquent taxpayer does have any rights to sell or refinance the property until the debts are paid off. Having said that, when the taxpayer fails to pay the taxes, the lien holder can foreclose the property and benefit from that! As far as Florida and other few states are concerned, bidders at a tax lien auction tender interest rates on the certificate down, with the winner being the bidder who consents to agree to the lowest interest rate. Whereas, in other states, the taxing entity advertises the real estate outright at a tax deed auction, with an opening bid of the sum of back taxes owed plus fees. Tax auctions take place at a designated location, live or online and the winning bidder should pay the full amount immediately.

  • Protected by the local government tax code, compared to other types of real estate investments, the biggest advantage in buying tax liens or deeds is that they are safe and less risky. With no commission to pay out of the profit margin, it involves direct dealing with the government. Having said that it is very rare that the taxpayer or property owner will not pay the back taxes owed, however, the tax lien investor gets a good return on investment in the form of interest accrued for the tax amount paid. Depending on the state, and the interest rate, a lien holder can enjoy making greater profits, for example, in Georgia tax lien certificates pay 20 percent, while in Illinois they pay 36 percent, and the interest goes up to as high as 50 percent in the subsequent years.
  • While the concept of buying a property for as little as the back taxes payable is smart, it is not as easy as it seems and if it was that easy, then everyone would be doing it. Even though they are less risky, there are certain potential pitfalls that are worth to note; hence, it is important that you do your due diligence. Before attending an auction with the intention of bidding and buying, experts recommend that you observe one of them, in order to have a clear idea about how it functions. Tax liens and deeds, apart from being available on residential properties, they are also available on commercial and other types of properties like ranches, vacant land and so on.

Hope you found this article helpful, for more eye-opening real estate investing articles stay tuned to Zack Childress blogs. Zack Childress is a real estate entrepreneur who has helped thousands of real estate enthusiasts by teaching real estate principles, markets, and finance. His boot camps and seminars are a blessing to people who wanted to make it big in the field of real estate. Sign up for Zack Childress real estate reviews to stay up to date on real estate concepts and make secure investments with the guidance of this connoisseur who will guide you every step of the way.

Zack Childress review about tax lien real estate investing risks and how to avoid them

Zack-Childress-review-about-tax-lien-real-estate-investing-risks-and-how-to-avoid-them

Zack Childress review – Tax lien investing is one of the easiest roads to riches in the world of real estate. Being the pursuit of seasoned investors, it offers bountiful returns; however, there are chances for you to get burned easily, if you are not doing your research. This piece of writing will walk you through the risk factors involved in tax lien investing and how to avoid them. This in turn will help you make a safe and sound investment.

Such a property doesn’t exist: In general, tax lien properties are available for sale at scheduled tax auctions, whereas, this is not the case with some counties. Depending on the county, the sale happens directly, or over the counter, or at the county courthouse. Not taking into consideration, the sale method, there is a publicly accessible list of real estate properties that shows available liens for sale. Though uncommon, that list can have certain inaccuracies, but experts say that it is to no purpose of, for the list to have an address that doesn’t even exist. In order to avoid this potential risk, it is always a must to physically visit and inspect the property.

Damaged/ useless property: Savvy investors always have a look at the list of properties that have tax liens for sale, look out for the contents and the general description the list shows, and have a keen look at the improvements that have been made along with the assessed value. Highly helpful for investors in determining and understanding the property’s state of affairs, but to take a decision based only on that is something unadvisable and the sad thing is that sometimes even the well-informed investors go for it. Sometimes the description might miss out major repairs and changes that the property is in need of. For instance, if a wildfire recently destroyed all buildings on the property that may not be updated on the description list; in order to overcome this issue, again you should visit the property in person and look out for such damages if any. There exist quite a few properties that are ineffective, for e.g. a strip of grass that is 10 feet wide, and 400 feet long that is more or less one acre in size seems to be a lucrative investment, but what if local building codes or zoning ordinances require a 30-foot easement on all sides? In this case, the land could not have anything built on it, which makes the property useless. Again personally inspecting the property is the best way to stay away from this potential problem.

Hope you found this article helpful, for more eye-opening real estate investing articles stay tuned to Zack Childress blogs. Zack Childress is a real estate entrepreneur who has helped thousands of real estate enthusiasts by teaching real estate principles, markets, and finance. His boot camps and seminars are a blessing to people who wanted to make it big in the field of real estate. Sign up for Zack Childress real estate reviews to stay up to date on real estate concepts and make secure investments with the guidance of this connoisseur who will guide you every step of the way.

Virtual Real Estate Investing – Zack Childress Real Estate Workshop

Virtual-real-estate

Zack Childress Real Estate – Before getting to see about anything, let’s have a look at virtual real estate investing. It is the art of being able to run your investment business from anywhere you want with your laptop and your phone.  It’s all about equipping yourself with systems that will allow you to buy and sell your real estate deals through the internet. Well, this may sound simple, but if you are planning to get into it not knowing the strategies then you are sure to get burned, but there is no need to fret and this article is said to help.

Virtual investing systems

There are five steps to it and you will learn how to:

  • Find the right market
  • Build the power team
  • Analyze the deal
  • Process the deal
  • Closing the deal

The best part is that, these aforesaid topics are covered in-depth such that you can get into the investing process without much ado.

Whether you would like to put your real estate business on full automatic or wanted to make a full-on investing time; wouldn’t it be GREAT to spend your time relaxing while your real estate business runs itself? And wouldn’t you like to learn how to do all this and get your Breakfast without much effort, and then it’s very simple, Zack Childress real estate workshop is said to help.

Well, you may be thinking that this workshop is for the level two professionals, well, Zack Childress workshops don’t work that way. Students from all walks of life, have benefitted from our seminars and classes, each with their own unique background, they all have had the same goal in mind: to become successful real estate investors. If you are strong about your goals and wanted to have guidance, then that’s more than enough. We provide our students with real estate coaches and world-class mentoring to help them start, build, and expand their own real estate investing businesses. By the time they complete the real estate program, students have all of the tools and know-how they need to turn real estate investing into a lucrative career. Having been a life-changing experience for every student who has finished the program, take the time to read and listen to some of the success stories of students who have completed one of the most popular real estate training workshops and you are sure to know us better this way.

No matter how justifying we can be in letting you know about the benefits of Zack Childress virtual real estate investing workshop, there’s nothing that can best define it like what the past virtual real estate investing attendees have to say and how beneficial it is to them. So do read what they have to say about it and book yours to unearth magical strategies and scale up your riches.

Zack Childress reviews about common real estate rip-offs and how to avoid?

Zack Childress reviews about common real estate rip-offs and how to avoid?

The real estate sector is growing day-by-day and so is the scams connected with it. Even though people have become more informed and cautious about it, ironically some are still susceptible and get ensnared to some con artists, fly-by-night operators to false promises and invalid buy-one-get-something-free offers. Seeing that buying a real estate investment is one of the largest purchases that most of us will ever make, it is very essential to stay wide-awake, in order to not be deceived by the crooks. Having said that, a huge chunk of hard-earned money and life savings are on the line, so you can’t afford to lose it easily; this article will bring out some of the common scams or rip-offs of Zack Childress reviews.

  • Moving company holding your item as hostage: You have found the perfect house and all set to go there and live your life, but moving is such a annoyance and you just don’t have enough time to research for the best moving companies that offers great customer satisfaction and service, so you hold on to the cheapest one that grabs your attention and saving some dollars. Unfortunately, in this con game, the swindler after driving off with your valuable belongings, the mover decide that they would like a more cash and hold your things as hostage until you pay more money than requested and this is essentially a ransom. This scam is very common and the best thing you can do to ensure that your mover is genuine is to check whether the company is registered, insured, and BBB accredited. Your best bet is to have a spokesperson or any representative from the moving company check out your stuff in person prior to drawing up the estimate.
  • Rental of empty houses: This type of scam makes victims out of both the homeowners and the renters and it starts by the crooks looking for homes that are idle for a longer period of time, usually while the actual owner of the house is away on extended vacation or working in another state or abroad. Finding out homes of that type, crooks then post listings for the homes online. Claiming as the owner of the house, or as a person authorized to rent, these con artists will break into the house and change the locks and prepare official looking documents only to steal your money and evade. On the other hand, the same tragic ending takes place with the original home owner returning back to find some well-intentioned stranger renting out their home.
  • Fake rental listings:Crooks can very easily copy and paste the listing produced by genuine property owners but significantly for a lower price, which is said to generate furious interest and they take advantage of this and demand for some down payment or try to hook you up to mortgage scams. So do not wire money before seeing the rental unit. Outsmart them by all means, as you begin investigating new homes for sale or rent; make sure that you educate yourself on listing scams and online fraud. Zack Childress urges you to be on your guard in researching the authenticity of any potential listings and perform all appropriate due diligence.

For more in-depth rental scams read Zack Childress Reviews about Common Rental scams which will reveal the red flags and how to avoid them

Zack Childress reviews about red flags of Rental scams and how to avoid them

Zack Childress reviews about red flags of Rental scams and how to avoid them

Apartments for rent signs open the door to a rental scam! by zackchildress

Landlords seek tenants, while scammers seek target in the name of rentals. Whether you are in the market to rent or looking to rent out your home, it is important that you are wide-awake such that you DON’T get locked in the sights of a rental scam trickster who appears to be very loyal and legit.

Red flags of rental scam

When your gut feeling says that something’s not right about a proposed deal together with any of the following scenarios, then you need to take some action to not be deceived by the con artists. Listed below are some of the common things and it includes:

  • The owner of the property or the renter claims to be out of the country.
  • Communication is exclusively by email or over the phone
  • Hush-hush and urgent communication, i.e. when the person seems to be in a hurry and wanted to close the deal ASAP.

For renters:

You should suspect:

  • When the house has a “For Sale” sign but not a “For Rent” sign.
  • When the lock box is broken but the agent having his own or different keys to let you have a look at the property.
  • When the agent or owner is based out of town especially abroad.
  • When the home appears to contain someone else’s personal belongings and the rental sum is lower.

For owners:

  • The “renter” states that he/she is geared up to take the contract sight-unseen, in this case you shouldn’t be less cautious because this is typically a preface to an advance fee scam.
  • After seeing the property the renter requests that you buy things or hire an outworker to carry out some work, in this case, the scammer is the contractor.

How to avoid being deceived?

Whether you are a renter or the proprietor, it is important that you take certain steps that will help you to cut the risk of being scammed. Let’s have a look at what you can do to not get deceived by these crooks.

  • Confirm the identity of the person you’re dealing with and know their name and address and get their notarized ID. On the other hand, for renters, you should be able to confirm ownership of the property on county registers.
  • Check out average rental prices in the locality.
  • Never rent or lease a home sight unseen. No one would really agree to such a thing, so it goes without saying that it is a scam.
  • DO not trust anyone who asks you to wire money to someone whom you have not even seen or don’t know irrespective of how convincing their story is.