Friday, August 9, 2019

Why would investors take deals that banks would pass on?

Trust deed investments in Nashville TN can be a fantastic way to earn solid returns and diversify.
In fact, trust deed investments are one of the methods that the wealthy use to make much bigger returns on their investments than anything you can get on the open market.
In a nutshell, a trust deed investment is a private loan that’s secured by real estate.
Most are short-term, generally under two years, and normally at a high interest rate – 7-15% is typical, even when banks are lending at 3-7%.
Surprisingly, there’s a lot of competition from borrowers who are willing to pay these kinds of rates to lenders – and an increasing number of investors who are interested in funding them.

Why would investors take deals that banks would pass on?

There are lots of reasons, so let’s start with the basics.
Banks and lenders fall under a lot of regulations that private money lenders don’t necessarily have to follow, especially since they’re not federally insured.
Local trust deed investments are actually more like old-school investing. Trust deeds are built on trust – just like back in the day, when it was common for deals to be sealed with handshakes and there weren’t so many lawsuits.

Trust deeds aren’t just based on credit scores and ratios.

For these deals, insider knowledge, relationships and potential value matters a lot more than the score assigned by a computer.
But like other high-return investments, there’s a lot of risk involved if you don’t know what you’re doing.
The investors who make a lot of money on trust deeds work with highly reliable brokers, attorneys and experts who help them evaluate the full potential of the loan – and assess the risks involved.
If you’re interested in capturing solid returns from the local Nashville trust deed marketplace, we may be able to help you.
We get requests from people who are looking to borrow money secured by real property (with equity!) who don’t qualify for traditional financing.
As a general rule, most investors want a high degree of security that the borrower stands to make 20-50% ROI with the funds he or she borrows. If the borrower’s plan is too risky or shows signs of probable failure, it’s wise to pass on the investment.
We’re not brokers – sometimes, we may partner with qualified investors to secure deals, and a trust deed is one tool at our disposal. Contact our partners at we buy houses oklahoma city and we buy houses charleston

So you wanna get started investing in [market_city] and you’re checking things out, eh?

So you wanna get started investing in [market_city] and you’re checking things out, eh?

Good for you. Always do your homework and you won’t get schooled.
Here's some great tools that we've found and we use from time to time and great real estate investing resources in [market_city] for investors here locally to tap into for quick research on your investment deals.
The best thing is most of these sites below are completely free!
Here’s a few sites you should get to know:

1. Zillow

Zillow is the biggest, baddest real estate website on the block. They are building data on real estate wealth like few other sites.
The CEO of Zillow, Spencer Rascoff, said their company’s best asset was their “living database of all homes”.
The Zestimate tool is off, as a lot of folks have noted. It’s fun to see what the computer calculates, but you still gotta know how to analyze the comps and evaluate the market for yourself.
Spend a lot of time on Zillow and get to know the intimate details of each property sold in your target [market_city] neighborhoods. Really try to identify the psychology of the prices, and seek to understand why the seller and buyer picked that point to settle.
Remember, each sale is like a tiny piece of a moving puzzle that makes up the whole market.
Zillow is an awesome tool for investors to get to know their markets, especially for comps when you get leads of people who say, "I need to sell my house fast for cash in Nashville, TN."

2. Craiglist

Craigslist is an awesome site. There’s huge deals there, if you spend the time on the site. People write terrible ads for great properties. Happens every hour of every day across [state]. Sometimes the best properties only get one terrible ad. So you’ve got to scour.

3. LoopNet

LoopNet is the granddaddy of commercial real estate investing.
You wanna sell a gigantic freakin building to institutional investors, this is the site you want to list it on.
Sometimes there are great deals on LoopNet, but you’re competing with every other investor to find them. If you are a Grade-A investor working with a top broker, you’ve got a chance to win the bid and seal the deal. This is not the site for rookies.
LoopNet is a great place to learn about the market in [market_city] and see how the major money is moving. You’ll be surprised what you can learn, so start searching through the properties for sale and watching where they close.

4. Auction.com

Just like its name suggests, Auction.com is a big clearinghouse of auctions, -- foreclosures, REOs, short sales, distressed properties, land, new construction --- you name it, they probably sell it.
Definitely check out the auction calendar, and make a trip to visit some [market_city] auctions. You never know who you might meet at an auction – maybe your future business partner?

5. Realtor.com

The largest place to search the MLS (multiple listing service), Realtor.com is sometimes confusing and often doesn’t seem consistent with what data it displays.
But it’s got some neat search alerts and other tools that help you get alerted when a broker in your neighborhood has added a listing. If you’re serious about investing, you probably want to form a good relationship with an excellent Realtor, rather than just the website.

6. Walkscore

Most investors overlook Walkscore.com – a big mistake.
Walkscore tells you a ton about any given address. It tells you how a potential renter or buyer will evaluate it – what’s nearby and how long it takes to access.
It’s also a fantastic tool to target areas that are underpriced for their amenities. If an area has a really high walkscore and low prices, chances are good that prices will rise in the next few years. There’s big exceptions – but walkability is a really key factor in [market_city] investment.
Those tools will help you to understand the [market_city] area market, if you take the time to use them. Do your homework, and understand the market before you start dumping your hard-earned money into a property.
You can always give us a call [phone] – we love to partner up with investors, and we’ve got great terms.
If you're looking to access to local [market_city] investment properties, great! Contact out partners at we buy houses charleston and we buy houses oklahoma city today!

Monday, March 4, 2019

How to Find a Good Real Estate Agent in Nashville

How to Find a Good Real Estate Agent in Nashville

Hiring a real estate agent in Nashville can be frustrating. So what are the steps on how to find a good real estate agent in Nashville?
Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Nashville
However, the agents backed by the most promotion dollars aren’t always the best, and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Nashville
[NOTE: If you need to sell your [market_city] house fast and can't wait the 3-6 months+ it is taking to sell a home on the local market... we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ]

How to Find a Good Real Estate Agent in Nashville

How To Find A Good Real Estate Agent In Nashville- Get Reviews… Real Reviews

Online reviews of real estate agents are easily manipulated, and can be often times little more than paid advertisements. It’s important to get honest reviews from any agent that you’re considering, and any reputable agent will be glad to provide you with recent clients.
Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace.
As a last way to check out the agent... hit Google and type in "[name of agent] reviews" and see what pops up in the Google search. If you see a bunch of bad reviews on websites like yelp and others... see if the agent tried to engage with those negative reviewers online to resolve the situation.

Ask the Right Questions Of The Local Nashville Real Estate Agent

Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill, and ability to represent you as a buyer or a seller:
  • Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with?
  • What was the asking price?
  • What was the sales price?
  • What properties have you worked with in my location?
  • What about similarly sized properties?
It’s important to choose an agent who has experience working with homes similar to yours.

Check The Real Estate Agent's Credentials

Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent.
You should also ask the agent how long they’ve been buying and selling homes. If they’re representing an agency, ask how long they’ve been with that particular agency, and their history with other firms.
Above all, it’s important to choose a real estate agent in [market_city] that you can trust. Regular communication is extremely important when selling your home, as in many cases, a house represents the majority of your net worth. A good agent will be able to answer questions such as:
  • How many inquiries have been made about my home?
  • How many of these inquiries came from people likely to make a purchase (not just window shoppers)?
  • What other properties in this neighborhood are for sale? What is the asking price of those homes?

Ask The Local Real Estate Agent How They Plan On Selling Your House

Sometimes going the direct route is the best. In the case of looking for a local Nashville real estate agent, we buy houses nashville are here to help ask them how they intend on selling your house for you that the other agents in town won't do. And see what their answer is.
Usually the great ones actually have a marketing plan and will get your house out there and on the market in a big way.

This Is Where Low Priced Isn't Always The Best

Often times Nashville home sellers want to go with the lowest priced option.
Heck, when you look at the numbers... if a real estate agent is earning 3% on a $100,000 sale... that's $3,000 in fees just to 1 real estate agent (usually both agents representing the buyer and the seller earn commission)... it isn't cheap.  But just really do your research before you go with a cut rate agent or a flat fee agent... because that usually means that the service you're getting is also a lower level service.
Some of the best real estate agents in Nashville have great marketing systems and are able to sell homes faster and for higher prices.  So even if you find someone to sell your house at a 1.5% fee... look long and hard at whether you'll be saving money long term.
The same goes for selling your house to a local real estate investor like [company].  The highest priced offer isn't always the best. Look at the terms of the deal the house buyer offers you... and ensure they can close on-time... because every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property.
It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate can make selling your home an extremely smooth experience, and will work in your best interest.
So go out there and do your research and find a local real estate agent.
If you need to sell your house fast... we'd love to make you an all-cash fair offer on your house.
We can make you a no-obligation offer in 24 hours or less and you can weigh that option against going with a real estate agent.
Just click the link below and fill out the short form on the next page to get the painless process rolling.

Need To Sell Your Nashville House Fast?

Submit Your Basic Property Info For A Fast Cash Offer >>