The Chicago White Sox are expected to at least listen to offers for Chris Sale this offseason Wholesale Nike NFL Jerseys , but the left-hander's preference would be to remain with the club.
"I don't worry about that stuff," he said. "That will shake out on its own. I wear this uniform with a lot of pride. I hope I can continue to do that."
The Boston Red Sox, Los Angeles Dodgers and Texas Rangers all made a push to acquire Sale before the Aug. 1 non-waiver deadline.
锘? Youve heard that investing in real estate can be very lucrative. Before
you get started, here are seven questions to ask yourself.
1. Is this a
hobby or a business?
Ask yourself why you want to invest in real
estate.
Do you want another income stream
Do you want to build equity in a
house
How many sellers and buyers do you want to speak with each
dayweekmonth
How much time do you have to invest in real estate
Are you
working a full time job
Are you retired looking for additional income
What
do you want to do with your time?
If you want to build a real estate
investing business, then you need to treat it like a business.
Are you
going to be a landlord? Then you need to determine how much time you want to
spend collecting rent Wholesale NFL
Jerseys , maintaining the property, making repairs, answering
tenant calls late at night, etc.
Or have a property management company
handle the tenants and maintenance? Then you need to determine who you will hire
to manage your property and how much you will pay them. Typically a property
management company will charge one months rent to locate a tenant and then
charge 8 10 of the monthly rent for collecting the rent and answering all calls
from the tenant. You still need to set aside a reserve fund for
maintenance.
Maybe you dont want to be a landlord and you want to
wholesale property. Then you need to develop a buyers list of buyers who have
the cash to purchase the house. You will still need to work with sellers to
locate properties, get it under contract. You then need to get your wholesale
buyer to sign the assignment of contract. And you have to make sure you follow
up with the closing agent to make sure the deal is funded by the wholesale buyer
and the deal closes. You will get your assignment fee once the deal
closes.
Here are the questions you need to ask yourself.
Do you want
to be a landlord
How much time do you want to put into real estate
investing
Do you want to build a business or just make some extra money once
in a while
2. Do you want to work directly with sellers?
There are
many investors who want to get into the real estate investing business who don t
have prior sales experience. Yes Wholesale
Jerseys , you can call homeowners directly and negotiate the
purchase of their home, it is possible. Its even easier when you are speaking
with a motivated seller. I mean a seller that is really motivated to sell, not
someone who wants to sell, wants full price for their home and just doesnt want
to wait for the all cash buyer that will pay retail price.
Are you
someone that wants to help these motivated sellers? Do you have it in you to
hear their stories over and over? Some of these sellers will break your heart
and you will want to help them. You have to make sure that you only work with
those that you can help and make a profit for yourself. Just because someone is
willing to deed you their house does not mean it is a good deal.
Think
about a situation where the seller has two mortgages, judgments Wholesale Jerseys Free
Shipping , and liens on the property. Yes, you can work this as a
short sale and get the liens removed and negotiate with the lender to get a
smaller settlement for the payoff of the mortgage. You need to decide if you
want to put in the time and effort it takes to negotiate the short sale and get
the liens removed. I have seen investors in the short sale negotiation process
with the lender for anywhere from 2 months to 18 months. Do you want wait months
to close the deal?
You need to decide if you want to work directly with
homeowners or have someone handle this for you.
3. Do you want to work
directly with buyers?
Once you have a house under contract, it is time for
you to find your buyer. The best thing you can do is to build a buyers list
before you have a property. Find out where the buyers want to live, and then go
find a house in that area. It is much easier to find a house for a buyer than it
is to find a buyer for a house.
Do you want to take calls from the
buyers? They call at all hours, while you are having dinner Wholesale NFL Jerseys
China , before you wake up in the morning, when you are driving to
work, etc. Are you willing to drop everything you are doing to take a call from
a buyer?
4. Where are you going to get the money?
This is one of the
biggest concerns of all real estate investors, where to get the
money.
Yes, you can buy a house with little of your own money. Some of
the techniques to do this are:
Buy the house subject to the existing
mortgage
Have the seller carryback the financing in the form of a
note
LeaseOption the house
You can also build relationships with other
people who have money Wholesale Jerseys
China , such as
Private lenders
Hard Money
Lenders
Mortgage Brokers
The biggest money concern that you never hear
about is where to get the money to market your business. You can buy a house
subject to the existing mortgage. But how do you find that house? You have to
continue to MARKET, MARKET, MARKET.
Marketing costs money. That is what
most of the gurus forget to tell you. You hear all about how you can buy a house
with no money down or little money down. What they dont tell you is that you
have to spend money on marketing to find the house, .
The Wall