Tag Archives: houses

Flipping houses for Profit

Flipping houses for profit requires
three simple components. If you’re
just start flipping, you are focus
from generating leads to meeting
with panic home sellers and marketing
properties to wholesalers. After a
while, handling multiple roles will
become exhausting! Professional real estate
investors require training, coaching, field training from
fellow Canadian real estate experts.

Flipping houses for Profit

 

 

 

 

 

 

As your flipping houses for profit
continues to grow, you’ll want to
hire an entourage of experts to help
take most of the responsibilities.
There are several essential components:
acquisitions, due diligence and
assignment of the contract.

Acquiring for pennies on a dollar

Acquisitions simply focus on acquiring
the property at deep discounted price.
Our focus is not only fixer upper
properties but those who are in
panic state who needs cash now.
This is done by generating convertible
leads to an acceptable offer.
Communicating with highly panic home
sellers focusing on their needs is
the key to close more deals.

Flipping houses for Profit

 

 

 

 

 

 

Here are three key skills that
will make you successful in acquiring
real estate deals pennies on a dollar.

1. Analyzing profitable deals for Flipping houses for Profit

You must know how to analyze deals
very quickly. One of the very first
steps to becoming a successful real
estate investor is learning how to
run comps and analyze leads correctly.
Using all the tools available from
tax bill to assessment values can
provide you precise information.
Even a year old appraisal can add
value to determine the current
market value.

2. Building Rapport with Panic Home sellers

Our role as professional real estate
investors is to help panic home sellers
get out of distressful situations.
In order to get our sellers to open up
about these situations, we must genuinely
build rapport. Be careful if you start
appearing to be snake oil salesperson.
Listen carefully and never interrupt while
the panic sellers are blaming others.
Being a great listener will get you more deals.

Flipping houses for Profit

3. Sensing Urgency Motivation

Home sellers will call you to sell their
properties expecting the highest value.
They may not have time and cash in their favor.
How quickly they need to move out will determine
their panic value. If the home owner is
facing foreclosure or eviction within few days,
their exit strategy is timing not the price.

4. Understanding Purchase and Sale Agreements

Purchase and sale agreements are standard
documents. You must have few clauses to protect
you in case you are unable to flip before closing.
Use simple one-page letter of intent for panic sellers.
We highly recommend consulting with a lawyer to
help draft up all paperwork. Standard letter of
intent to purchase real estate, assignment forms
and purchase and sale agreements may require
additional addendum.

Assignment (FLIP) of the contract

Flipping houses for Profit

Once you have a property under contract you
like to flip or assign the agreement to a
cash buyer for a fee. You need to have all
ducks in line and time is in the essence.
Here are three key skills that will make
you successful in flipping houses for profit.

1. Building a Rapport with Cash Buyers

Real estate is all about relationships with
people. Being fully transparent in flipping
houses will get you awesome reputation.
Cash buyers need crystal clear information
of the subject property. They will obtain
an appraisal, home inspection and quote
from general contractors. Cash buyers
must receive the highest amount of
profit in each deal.

2. Magnetic or Blind Marketing

Flipping your property under contract
can be challenge. Co- wholesaling, using
realtors, joint ventures are the best
solutions to assign the property as
soon as possible. Always sell these
properties far below its current
market value. Start building a list of
real estate cash buyers. Join local
REI club to expand your business horizons.

Flipping houses for Profit

 

 

 

 

 

 

Be precise with your approach to the
cash buyers. Keep it very simple and
straight to the point. Let them know
what you paid for it. How much you
want your flip or assignment fee.
What is the current and after repair
market value based upon the facts.
If you happen to have three estimates
from contractors, hand them over.
Cash buyers may not have time to
do basic due diligence.

3. Understanding assignment procedures

It’s critical that you understand various
wholesaling closing strategies
(assignments, double closing,
the simple close) because you’ll need
to communicate them in your purchase
agreements with the investor-buyers
interested in buying your properties.

Understanding assignment (Flip Before closing) process

Assignment forms shall be prepared
by real estate lawyer. Preparing any
kind of contract without legal advice
can be lethal. Ask your lawyer to prepare
and execute non-disclosure non
circumventing agreements.
Cost of legal expenses is far less
than the losses you could have otherwise.

Remain FOCUS on your top priorities

Remain laser focus on putting deep
discounted deals under contracts.
Finding and nurturing healthy business
relationships with fellow investors and
coaches. There will be times when you
must close multiples deals at a time.
You will require help from fellow
investors in form of joint venture
or hard money.
Organization will be critical because
you’ll be handling all of the paperwork
for each and every transaction.
You want to close fast, you must
maintain organization to ensure
each deal is closed properly and in a timely fashion.
Here you have full breakdown of the real
estate flipping houses for profit
right at your fingertips!

Tax Sale Properties Peterborough-Ontario

Nov 30,2016 tax sale properties Peterborough-Ontario Canada

sale of land by public tender
The Corporation of the City of Peterborough

take notice that tenders are invited for the purchase of the Tax Sale Properties Peterborough-Ontario land(s) described below and will be received until 3:00 p.m. local time on Wednesday November 30, 2016 at the Corporate Services Department, Main Floor, City Hall, 500 George Street North, Peterborough, ON 9H 3R9.

The tenders will then be opened in public on the same day at 3:15 p.m. local time in the City of Peterborough Board Room, 2nd Floor, City Hall, 500 George Street North, Peterborough, ON K9H 3R9.

Tax Sale Properties Peterborough-Ontario

]Description of Land(s):

Roll No. 1514 040.120.29510.0000

2691 Farmcrest Avenue, Peterborough

Note: This property is subject to partial ORCA (Otonabee Region Conservation Authority) restrictions. Floodplain runs across northern portion of lot and entire lot may encounter flooding.

PCL2-3 Sec 45-P7A-PET; Pt Lot 5 PL 7A Peterborough City; Pt 1 45R9679; S/T LT2994,LT504,LT 505,

LT 506, Peterborough City.

PIN# 28456-0005 (LT)

irregular 0.90AC more or lessTax Sale Properties Peterborough-Ontario
File#: TS-16-01

Assessed Value: Residential$122,000

Minimum Tender Amount:$34,796.05

Roll No. 1514 040.120.29410.0000

2655 Farmcrest Avenue, Peterborough

Note: This property is subject to ORCA (Otonabee Region Conservation Authority) restrictions. Development within the floodplain may not be permitted as entire lot may encounter flooding.

PCL 2-3 SEC 45-P7A-PET; Pt Lt 5 Pl 7A Peterborough City;

Pt Lt 6 PL 7A Peterborough City; Pt Lt 7 PL 7A Peterborough City; Pt 5 45R1076;

S/T LT2994,LT504,LT505,LT506 Peterborough City.

PIN# 28456-0007 (LT)

irregular 0.784AC more or less

File#: TS-16-02

[b]Assessed Value: Residential$118,000[/b]

[b]Minimum Tender Amount:$33,220.53[/b]

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.

The municipality makes no representation regarding the title to or any other matters including any environmental concerns relating to the land to be sold. Any existing Federal or Provincial liens or executions will remain on title and may become the responsibility of the potential purchaser. Responsibility for ascertaining these matters rests with the potential purchasers. The municipality does not provide an opportunity for potential purchasers to view properties nor is it in a position to provide successful purchasers with a key or vacant possession.

This sale is governed by Part XI of the Municipal Act, 2001 and as amended by the Municipal Statute Law Amendment Act, 2002. The successful purchaser is required to pay any relevant federal or provincial taxes that may apply on closing (including land transfer tax and HST). Failure to complete the transaction by the successful bidder (highest or if failed, second highest bidder) will result in the forfeiture of their deposit.

For further information regarding this sale including an updated list of properties still available for sale, and a copy of the prescribed form of tender documents, go to the City of Peterborough web site at http://www.peterborough.ca/Living/Prope … _Sales.htm or contact:

Christine Heersink
Tax Collector,
City of Peterborough,
500 George Street North,
Peterborough, ON K9H 3R9
cheersink@peterborough.ca
705-742-7777 Extension 1622
1-855-738-3755 Extension 1622

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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Please contact us directly at Pam@WorldWealthBuilders.com or 647-393-6100 to set up a session at your meeting or convention.

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P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now at www.Flipping4Profit.ca and making sure you make the right choice to SHOW UP!!! Learn more to earn more!

Tax sale properties Lamont – Alberta

Alberta Public sale of land

Town of Lamont

Notice is hereby given that under the provisions of the Municipal Government Act, the Town of Lamont will offer for Tax sale properties Lamont – Alberta sale, by public auction, in the Council Chambers of the Lamont Town Office, Lamont, Alberta, on Wednesday, June 15, 2016, at 1:00
p.m., the following lands:

Continue reading Tax sale properties Lamont – Alberta

Tax sale properties Val Rita-Harty – Ontario

MUNICIPAL ACT, 2001

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF VAL RITA-HARTY

TAKE NOTICE that sealed tenders are invited for the purchase of the Tax sale properties Val Rita-Harty – Ontario land(s) described below and will be received until 3:00 p.m. local time on Tuesday, May 10th, 2016 at 2 De l’Église Avenue, Val Rita, Ontario, P0L 2G0

Continue reading Tax sale properties Val Rita-Harty – Ontario

Tax sale properties Huntsville – Ontario

Sale of Lands for Tax Arrears by Public Tender

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWN OF HUNTSVILLE

TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Huntsville – Ontario lands described below and will be received until 3:00 p.m. local time on May 12, 2016, at the Town of Huntsville Municipal Office, 37 Main Street East, Huntsville Ontario.

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Tax sale properties Ottawa – Ontario

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE CITY OF OTTAWA

TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Ottawa – Ontario land(s) described below and will be received until 3:00 p.m. local time on Tuesday April 26th 2016 at: The City of Ottawa, Revenue Branch, 100 Constellation
Drive, 4th Floor East, Ottawa ON K2G 6J8 Attention: Treasurer

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Tax sale properties Frontenac Islands – Ontario

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE
TOWNSHIP OF FRONTENAC ISLANDS

TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Frontenac Islands – Ontario lands described below and will be received until 3:00 p.m. local time on April 28, 2016, at the Township of Frontenac Islands Municipal Office, 1191
Road 96, Wolfe Island Ontario.

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Tax sale properties North Dundas – Ontario

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE TOWNSHIP OF NORTH DUNDAS

TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties North Dundas – Ontario land(s) described below and will be received until 3:00 p.m. local time on Friday, the 6th day of May, 2016 at the Township of North Dundas Municipal Office at 636 St. Lawrence Street, Winchester, Ontario.

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Tax sale properties Sioux Narrows – Ontario

SALE OF LAND BY PUBLIC TENDER

THE CORPORATION OF THE
TOWNSHIP OF SIOUX NARROWS-NESTOR FALLS

TAKE NOTICE that tenders are invited for the purchase of the Tax sale properties Sioux Narrows – Ontario lands described below and will be received until 3:00 p.m. local time on May 11, 2016, at the Municipal Office, 5521 Highway 71, Sioux Narrows Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Municipal Office, 5521 Highway 71, Sioux Narrows.

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Tax sale properties Forestburg – Alberta

Alberta public sale of land

Village of Forestburg

Notice is hereby given that under the provisions of the Municipal Government Act, Tax sale properties Forestburg – Alberta the Village of Forestburg will offer for sale, by public auction, in the Village of Forestburg Council Chambers, 4902 – 50 Street, Forestburg, Alberta, on Wednesday, June 1, 2016, at 10:00 a.m., the following lands:

Continue reading Tax sale properties Forestburg – Alberta