DC Fawcett’s 5 Easy Steps To Start Flipping Houses Now!

If you are starting to flip houses for first time then you may have the following questions to ask,

How to get started with house flipping?

What type of house can I flip first?

What if I don’t have sufficient money?

DC Fawcett, one of the renowned and experienced real estate experts has flipped hundreds of houses and shows how he succeeded in this business. You can avoid many costly mistakes as he guides you from his experience.

Get started with house flipping business plan

Imagine that you are travelling, just speeding up is not enough, you have to know the route clearly and also the destination. Likewise before starting with house fipping or any type of real estate investment, create a working plan and act accordingly. Try to be more specific and clear with your plan with realistic goals. If your flip business plan is good, then lenders will take you more seriously and it will meet your profit expectations.

DC Fawcett reviews states that creating a well devised plan before working will help you to be attentive while you are going beyond budget or exceeding the time limit.

Analyze the market!

Market analysis is an essential step in flipping houses since it finds out which property and neighborhood has favorable market condition. This is crucial information as the appreciation value determines the success of house flipping. Through market analysis you will get to know the right price of the property. DC Fawcett complaints on bad market analysis which can lead to a great disaster!

House flipping requires you to do lot of work, market analysis helps you to find how much work is needed to complete the process. At the end, you will come to know how much return the house flipping will give you.

Manage the renovations!

If you are dealing with the big project then its better to hire a good contractor to get the job done quickly. You can search online which has many resources on how to use proper methods and manage the renovation work. How to identify the good contractor? You can go and see the work which he is currently doing and also ask his past clients about the experiences.

Negotiate with the contractors and do not let them to take over the control of the deal. DC Fawcett complaints states that a bad contractor not only spoils the deal but also delays the process which could incur you some loss.

If your house is in hot selling area then you can do renovations which make your home stand out in market. But if you are not sure about the returns then don’t go for lavish works. Plan your renovation works accordingly which attracts more potentially good buyers. Invest some extra dollars in kitchens and bathrooms as the buyers are more concerned in those areas.

Price your home correctly!

DC Fawcett reviews that pricing your home right will earn you immediate interest from buyers. If you are too greedy and overpricing your home them it will sit in market for a long time and you have to pay for that. Encourage the neighbors near the house to refer their friends or colleagues to buy the houses. People would like to be closer to their friends and families always.

If you are lacking these basic skills then hire a real estate to get the job done for you. From pricing to showing off they will take care of everything.

 

 

DC Fawcett Real Estate Reviews – Housing Market , Market Corrections , Market Cycle

DC Fawcett Real Estate Reviews – Cities topping in 2017 housing market

When you are looking out for a property, there are many factors like job market, tax values apart from location. To reside happily, there should be peace and it is attained when your neighborhood is a safe community and the residents can enjoy their life to the fullest. DC Fawcett Real Estate Reviews brings a list of cities that have been considered as the best places to live.

First-time home buyers can join the virtual real estate investing club to know more about quick home sale and real estate scams to be avoided.

DC-Fawcett-Real-Estate-Cities-topping-in-2017-housing-market

New York City, Seattle and Houston metro areas are considered to be safest. Madison is attracting tech companies, thus providing solid job opportunities for all the people, followed by Austin, Dallas, Boston, California. Virginia, San Francisco, Seattle, Orlando and Columbia are emerging to be strong contenders in providing job opportunities. Boise, Idaho is a city that is growing in tech sector and proving solid business opportunities.

DC Fawcett Reviews:

DC Fawcett complains that there are few cities that charges heavy rent and not suitable for first-time home buyers and low-income community.

  • For renters, some cities aren’t suitable owing to high rent levied by the landlords for example; Miami which is known for its waterfront and luxury properties tops the list. On the other side, the income of an employee in that city is relatively low.

  • From seller’s perspective, Miami is considered to be one of the best real estate investments as they can sell it off at a higher price as it has got potential growth. Landlords in California are quite lucky as the house rent is rapidly increasing every year.

  • Manhattan is considered to be the costliest place to dwell apart from Miami. San Diego, Los Angeles, Seattle, San Francisco, New Jersey are few cities where rent is quite high.

  • Indianapolis is considered to be most affordable city for rental as it costs just 800 dollars approximately followed by St.Louis, Omaha, Iowa, Houston are most affordable cities which are recommended for millennials as these cities have a rental-friendly lifestyle.

  • Minneapolis and North Carolina have ranked top in low cost living. Florida tops in the fastest growing cities list.

  • Taxes play an important role when you own a property; there are tax deductions, and benefits etc. Consult your tax advisor for more information. The effective property tax rate in Alabama is 0.38%, second lowest in the country.

  • Homeowners in San Francisco pay the highest median property tax. Hawaii County residents pay just $820 whereas in Madison it’s $1,464. Homeowners in New Jersey pay the highest effective property tax rate in the country 2.13%.

The property tax rates are Colorado 0.5%, Arizona 0.66%, Virginia 0.83%, Georgia 0.89%, Florida and Washington 0.93%, Massachusetts 1.13%, New York 1.38%, Ohio’s 1.57%, Texas 1.63%, Wisconsin 1.72%.  Investors can prefer Dallas, Florida and Texas as housing market sounds profitable.

Retirement communities like Boise, Brevard, Colorado, Texas, and Iowa ranks top and retirees can prefer one of these cities preferably.

Safest neighborhoods are Connecticut, New Jersey, Indiana, and Massachusetts. These places are highly suitable to raise your child in a safe environment and crime rating is low.

Investors gear up and find the best real estate agents to purchase a property in any of these cities.

DC Fawcett Reviews – What are the strategies to prevent from market corrections?

Investors are taking steps to protect their portfolio as interest rates have dropped historically low. There is still hope that when there is a rise in the rate of interest, all the loss will be compensated. It’s not the right time to invest in stocks and bonds as there is an overall drop in the stock market and analysts says there are constant fluctuations. DC Fawcett Reviews  says that the investors’ should expand his horizons by concentrating beyond the stocks as there are various forms of alternative investment like  real estate, commercial, gold etc.

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DC Fawcett  advises them to use fund strategies which are volatile. In private equity, the hedge funds are not liquid. The loss can be minimized with proper planning and it’s not wise to indulge yourself in panic selling. 5 to 10 percent of your funds should be allocated for future reserves as portfolio diversification is essential. Annuity is not considered to be an alternative form of investment; it helps in potential market growth. It can be used only as an indirect form of investment. There has been no stock market crash after 2008, so experts are predicting it may happen over a period of time. Identify your financial goals and how much return you need to make it in a fiscal year.

One of the best and safest forms of investment is purchasing a real estate property to protect from inflation. When there is inflation, the investors will witness and overall rise in national median rental income and median property price. As we all know about REIT, and for investors who doesn’t have an idea can browse through DC Fawcett virtual real estate investing club. They are well-known for purchasing property holdings through private equity or members of REIT can claim direct ownership.

DC Fawcett strategies to prevent from market corrections

Commercial real estate investments are recommended for high return+s and you can expect a fixed income. The only drawback is the money is withheld for a prolonged time. Investing in Commercial real estate debts is a good option when you apply for short term loans where you preserve your collateral for 5 to 10 years. The professionals have come out with a report saying that private equity‘s performance is much better than public equity as it is less volatile. Public equity involves day to day investment whereas private equity investments are made as per investors’ choice. Investors can choose restricted access in order to prevent themselves from panic-selling, at the same time it also reduces work for investment manager as he need not hold funds.

Other risk management strategies include hedging with futures contracts, buying low beta investments Corrections are viewed less problematic than actual recessions. Investments should be diversified enough so that no single commodity can sink the entire portfolio. Learn more about market corrections and fluctuations to prevent from scam.

Counter-Cyclical Investing

Purchasing stocks or mutual funds that belong to an industry negatively correlated with major indexes, you can see your portfolio appreciate in value when the market struggles. These investments are described as “counter-cyclical.”

Hedging

The general concept is to reduce the risk of a security losing value by making a complementary investment. Counter-cyclical stocks could be considered a hedge. Purchasing real estate, gold or other alternative assets can be considered hedges. One common hedging strategy is to sell futures contracts on a stock.

Dollar Cost Averaging

DCA’ing is a method of making long-term investment purchases in a systematic way to prevent from market corrections.

Low Beta Investing

Invest in securities that have a low beta coefficient.

To overcome the market fluctuations and to diversify the portfolio, investors can make use of these strategies.

DC Fawcett Real Estate Reviews – The real estate market cycle

The real estate market cycle

Investors would have come across the word “market cycle” and wondered what does it mean and how much it influences your portfolio, assets and other investments. DC Fawcett Real Estate Reviews explains about the 4 stages of market cycle in this article.

Dc-Fawcett-The-real-estate-market-cycle

Accumulating the Assets :

The first step is “accumulating the assets”. The market cycle terminates when the asset value declines. At this juncture, investors are quite unwilling to do some investment pertaining to the dip in the market. The experienced investors consider this as golden opportunity and purchase these properties at low price just like a foreclosed home. When this process repeats, it becomes like a cycle and steadily the market grows and negativity fades.

DC Fawcett Reviews Market cycle

Markup

Having said that, we enter the stage two of the market cycle and the investors call it “Markup”. This phase is usually characterized by frequent fluctuations. At this point, many sideline investors join the market to do some investment. This will probably instill some confidence in the investors’ mind that have stopped involving themselves from stage 1 considering the current market situation is not healthy. This in turn makes the market competitive as retail investors join the race as they find the market to be potential at this point of time. At the end of this phase, we conclude that market has been recovered almost and new targets are set for the investors to accomplish.

Disbursement

The 3rd phase of the market cycle is called “disbursement”. This is the period where all their investments start to liquidate which is done to optimize the profit. The new investors or first-time buyers make use of this opportunity to accumulate their assets which results in volatility owing to fluctuating prices. Experts step away as they know the in and out of real estate market cycle. The fluctuation results in lows and the disbursement cycle get terminated.

DC Fawcett Market Cycle Overview

Mark Down

The final step is the opposite of step2, “mark down”. The investors realize that they will face both ups and downs in the process and in order to cope up, the start selling their stocks, which leads to downward trend. Investors who hold assets further may face panic selling situation, resulting in decline in prices. A pool of investors joins to buy properties at discounted price and thus the cycle moves onto step 1.

Investors must understand this process as it is quite complicated, it can be either profit or loss. The risk quotient is totally unpredictable in the real estate which is determined by volatility index marked by bear and bull periods.

2017 is characterized by bull market so far, in other words the market is optimistic with 20 percent raise in the stocks. The nation is also witnessing low unemployment rate which is another positive sign of the optimistic market. The bull market ends when bear market commences with the fall in stock market prices.

DC Fawcett Real Estate Physical Market Cycle

DC Fawcett Virtual Real Estate Investing club – How to use a Jumbo CD

A normal CD (certificate of deposit) will have a denomination of minimum 100,000 dollars whereas Jumbo CD’s have large denominations and investors are getting benefitted by receiving an interest for the amount deposited.

In this content, you will find DC Fawcett advising his investors about the usage of Jumbo CD, pros and cons.

DC Fawcett Real Estate Jumbo

 Why are they preferred?

DC Fawcett Reviews about the benefits of jumbo CD. The jumbo CD’s are preferred because of risk-free nature and considered to be a stable real estate investment.  The jumbo CD’s are sold by institutional investors like bank, pension funds.

  • Investors are paid with a sum of money as reimbursement during the contract period as they cannot withdraw money over this period. The longer the time period, the higher the denomination, the higher the rate of interest will be.

  • It is considered to be one of the reasonable options for savings as the investor is bound to receive significant amount as returns. Investors can prefer CD’S over savings account in a bank.

  • The most important aspect of jumbo CD’s is the guaranteed return on investment, though there is a bankrupt or market fluctuates, the investor is assured with the principal amount at the time of maturity.

  • For investors having high net-worth, Jumbo CD’s are offering an option to segregate the investment into parts and deposit in two banks. The amount which is not needed for next 5 years should be only deposited to avoid penalty.

  • Some banks offer a week or two as the contract period to make quick earnings. They are also called negotiable CD’s because you can sell off the CD to someone else; this option is not available for a normal CD.

Jumbo CD’s

  • They are used as collateral without the interference of the bank. We have already learnt about collateral loans, you can check out the piece of content in DC Fawcett virtual real estate investing club,  the investors must also learn how to prevent from real estate scams  as there are many fraudsters who pretend themselves as bankers and offer loans.

  • Consult with your financial adviser before you invest and ask how much can be invested as well. Learn which bank offers a nominal rate of interest and then invest.

  • The investor complains about the issues faced while using a jumbo CD. If the time period of the deposit is longer as well as the denomination, then high rate of interest have to be paid. It cannot be used for retirement savings.

They are not suitable in an environment where there constant inflation. To earn significant amount in return, you need to sign up a contract period for a pretty long time.

DC Fawcett Reviews jumbo cd

High penalty fee is charged if the investors wish to withdraw the money before the maturity. When you withdraw too early, along with the interest, a portion of the principal amount is deducted.

The amount of interest you incur at the time of maturity is taxable, so investors who like to pay only less tax will not choose this as an investment option. Not every investor can make such a huge capital investment.

Conclusion:

These are some of the emerging trends in real estate for 2017 and beyond as reviewed by Dc Fawcett. Real estate professionals must upgrade their knowledge about  real estate and face what is in store for them with ease.DC Fawcett virtual real estate investing club consists of blogs where investors can learn more about market cycles and sharpen the investment choices. Apart from market cycles, you can learn more on real estate scams and other marketing strategies.

 

Dc Fawcett Real Estate Tips – 4 ways to sell an inherited property

Introduction

4 ways to sell an inherited property

Dc Fawcett real estate reviews about the different ways to sell an inherited property, rental benefits and drawbacks of inherited property.

The heirs of the deceased parents get the entire power to own the inherited property and it is his/her wish to either sell or rent or occupy by themselves.

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Owning a rental property is the best way to earn passive income. For investors with different mindset, like absentee landlord can sell off the inherited property and make great deals of money at a time. In case you are renting, you get a steady flow of cash every month. At the same time, you need to be careful about the debts; you cannot sell or rent the property if there are debts to be paid to the mortgage lender. Furnish the house and make all the paper work ready if you are about to sell the house. You need to meet a local attorney and ask how to sell and when to sell and then proceed.

There are four options if you are selling your inheritance property:

  1.  Auction
  2.  Sell on your own
  3.  Sell to an investor
  4.  Sell with an agent

How to sell off the property through auction?

This is the quickest way to sell off an inherited property,  sellers who want to do quick home sale can prefer this option as you need not spend on repairs and property is sold “as-is”. It is the sellers’ choice to leave or take the belongings and buyers can either use or sell off once they occupy the home.

On the other hand, you have some issues like you need to find an auctioneer, the price can be more or less than you expected.

Dc Fawcett Real Estate Reviews – :

Selling inherited properties by FSBO

You need not find an agent or pay any commission and all the profit is yours.  If you need to save, you need to work. The seller should shoulder the responsibilities of an agent in this method to do a home sale. The duties, pros and cons are discussed in another article; you can check it out in Dc Fawcett’s virtual real estate investing club.

Selling the property to an investor

You can expect a fair market value price for your property and you need to be ready for home inspection. You can avoid some unnecessary expenses when you deal with an investor as he know which are the expenses to be cut short and avoided. The investor can protect you from  scammers  as he knows about the  real estate scams  that are happening currently.

Selling the property to a real estate agent

You are under a proper guidance as he knows the entire home buying and selling process. The process will be streamlined and you will have better advertising service and get to know many professionals through him. You can also get potential contacts for future which can be helpful in selling the properties. At the same time, you need to make repairs and pay commission for his service.

Investors complaints about owning an inherited property, in most of the cases there would be mortgage, tax and other insurance to be paid which exceeds the life insurance of the deceased person. Eventually you tend to spend money from your pocket or in other words it starts consuming your savings. In such situations, Dc Fawcett advises his investors to refuse the inheritance power.

 

Dc Fawcett Real Estate Reviews – The Ultimate real estate investment guide

Introduction

Feeling difficult to understand the real estate market? No worries! Real estate can be a tricky business but with proper guidance by Dc Fawcett Real Estate Reviews and knowledge you can easily earn significant profit within short span of time.

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Real estate investments are highly profitable but the method and procedures you follow for the investments decides the success. Unlike other investment method like stocks, real estate investments are under your control. If you are purchasing a stock, you can hold it for a period of time and sell it for higher value. But the profit depends upon the company management and corporate success which is not a case in real estate investments.

The only thing which you need to take care of in real estate investment is to buy the property at right location and at right price. Investments made in such a good environment sell for higher value. With your management skills you can improve the value of real estate investment within short span of time.

Dc Fawcett tricks – Secrets of success in real estate investments

The best thing to do for investments is real estate, but it has its own disadvantages too. People who have been tremendously successful in real estate investments are those who do a thorough research on real estate market. Along with this research, you can also seek the real estate expert advice if you are a first time real estate investor.

Besides these facts, you should also be lucky enough to identify the right location and invest in it. Find a property at very low price which will give you significant profit and sell it for higher value when the market is high.

Invest in rental properties

Rental real estate investments generates you monthly income and you can also sell it for big money when you are in need. How to buy rental properties? Search for houses or buildings within city limits and developing area so that you can rent it fast and earn more income.

Risk factors in real estate business – Dc Fawcett Tips

Besides the fact that real estate is a profitable business, it needs huge money as investment. Be it a rental property or any other real estate investment, you need a big money to invest in it. In worst case scenario if you don’t have sufficient money then you have to approach money lenders for a loan. Likewise, real estate investments also needs your time, consider that you are buying a rental property, you need to find a good tenant to accommodate it by advertising in newspapers or online.

Occasionally you have to find another tenant when one person leaves. At the same time rental properties requires continuous maintenance, you can’t leave the property as it is for years.

Conclusion

Real estate has historically been a more stable investment than any other investment. Unlike stocks which have continuous ups and down, real estate market assures you profit when you buy it right. You can make money off real estate using two main methods like buying and re-selling property for profit and buying real estate to rent it out. These approaches need to be done with care since they have both advantages and disadvantages which could cause either a hefty profit or a great loss.

While real estate investment has its own pros and cons, virtual real estate investments method is the safe way to start with. You don’t need any cash or credit to start with such investments. For more information log on to DC Fawcett’s virtual real estate investing club http://virtualrealestateinvesting.club/ . Learn what’s working best in real estate industry and grow your real investing business.

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Dc Fawcett Real Estate – How to Safeguard Against Hazards in Real Estate

How to Safeguard Against Hazards in Real Estate

The real estate profession is associated with certain risks. To get a deeper insight into this, read Dc Fawcett’s article on risky situations in the real estate profession. In this article, Dc Fawcett writes a review on how to safeguard against hazards in real estate.

Tips for meeting first time clients

Sometimes first time clients may be thieves and criminals. So, you should always meet them at your office and ask them to bring their identity card. Verify the validity of the identity cards and photocopy them. Ask them to fill in forms. This is to ensure customer identification. Get their signatures on the forms. Then, introduce them to colleagues. All this should be done for safety purposes lest the customer turns out to be a fraud.

Safety tips for open houses

Open houses are dangerous since the agent has advertised about it. They may have unknown people, stalkers, thieves, criminals and other trouble makers coming inside the house. So, some safety tips for open houses include

  • Don’t conduct an open house alone. Two at a time will mean less trouble making.
  • Conceal cash and other valuable items also.
  • When someone walks in ask for their names and also some identification proofs. People who cannot provide you with false names are less harmful.
  • Trust your instincts. You will know when things are not going right.
  • Inform your colleagues, relatives and friends about the open house. Even better ask them to be present during the open house. If they cannot stay through the entire thing, ask them to be present in the beginning and towards the end.

Safety tips for foreclosed homes

When you enter foreclosed homes, it is unsafe to enter alone. Enter with friends, relatives or co-workers. Don’t pick up fight with trespassers. When you see a trespasser, alert the law enforcement authorities or the police immediately. Don’t visit homes at night. It is safe to do it during the day time. Always inform your colleagues, relatives and friends where you are going, where you are, whom you are with and when you will come back.

Provocative or shock marketing

Some realtors use this to target clients. With this, they can use advertisements which violate normal standards to attract their clients. But this is not really necessary in real estate and it is generally used while marketing for casinos, contraceptives, wine, undergarments, Aids and so on. But when realtors do this, they become a target themselves. So, safety tips for these include

  • Don’t use shock marketing
  • You have to be extra cautious while using provocative marketing since criminals go through such agent’s profiles and hack their bank lockers, accounts and other personal information. They may also target valuables and other items such as furniture, properties in the realtor’s house and cash.

Conclusion

This is a review written by Dc Fawcett on tips for safeguarding against risks in the real estate profession. All sellers, buyers, agents and others related to the real estate profession must read this.

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