Charlotte Real Estate Resources

We just had a researcher submit some very basic information about a house for sale in Charlotte to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Charlotte, North Carolina Real Estate Resources is located at 2261 Blue Hampton Ln, Charlotte, NC 28213.

This 3/1.00 899 square foot property has an asking price of $40,000, but let's take a moment to do some calculations to see what our actual price per square foot would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know what a typical Charlotte property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

By the way, did you hear about the new loan restrictions from Fannie Mae and Freddie Mac? The days of obtaining ten investor loans are now over. In addition to stricter requirements, investors can now get only four loans in their name. If you are an active investor, or are planning on becoming one, it's critical that you develop alternate sources for funding your deals in Charlotte. Consider hiring a private money coordinator to grease the wheels of your investing in the months and years to come.

Until my next post,

James

Here's another Charlotte property that was submitted by a user that we will use as a teaching tool for our Charlotte, North Carolina Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 810 Tom Hunter Rd, Charlotte, NC 28213.

This 3/2.00 1,276 square foot property has an asking price of $49,600, but let's take a moment to do some calculations to see what our actual cost per bedroom would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know that rents in Charlotte can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Are you trying to get involved in the wholesaling game? If you're already out there, looking at deals, but still need to know how to tie up the right ones so that you can make money, you should listen to Wholesaling Volume 4: Tying Up Deals by Jassen Bowman. Learn how to claim your share of the multitudes of deals in Charlotte that are waiting for you to grab them!

Until my next post,

James

I want to share with you some information about a property in Charlotte located at 6817 Malagant Ln. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.

Let's take a closer look at some calculations for this 3 bedroom, 2.50 bathroom property located at 6817 Malagant Ln that has an asking price of $53,600.

As you can see from the table above, if you know what a typical Charlotte property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

By the way, are you new to real estate investing in Charlotte? Sometimes it can be confusing when you first start out as an investor and encounter real estate specific terminology like Negative Amortization or Subordinated Debt. If you want to hear a thorough discussion of some of these terms so that you will be in the know, you might find Jassen Bowman's CD, Real Estate Terminology Volume #1 very useful.

Until my next post,

James

Here's another Charlotte property that was submitted by a user that we will use as a teaching tool for our Charlotte, North Carolina Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 618 Dobson Dr, Charlotte, NC 28213.

In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.

As you can see from the table above, if we assume an appreciation rate of 5.6% per year, then the property value eventually reaches $51,215 after 10 years.

There's nothing worse than being in a hot market when you are trying to buy screaming hot deals. Check out Jassen's Audio CD The 10 Cures for Finding Deals in Hot Markets to alleviate your buying woes in Charlotte.

Sincerely,

James

We just had a researcher submit some very basic information about a house for sale in Charlotte to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Charlotte, North Carolina Real Estate Resources is located at 7308 Icon Way, Charlotte, NC 28216.

In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.

As you can see from the table above, if we assume an appreciation rate of 4.7% per year, then the property value eventually reaches $131,701 after 10 years.

You may also be interested in the marketing techniques that we use to help you find deals in Charlotte. We cover rich methods like postcards and post-it notes, as well as poor methods like calling on FSBO ads to get deals on our Marketing to Buy Checklist.

Until my next post,

James

I want to share with you some information about a property in Charlotte located at 5645 Kimmerly Woods Dr. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.

Let's take a closer look at some calculations for this 3 bedroom, 2.50 bathroom property located at 5645 Kimmerly Woods Dr that has an asking price of $64,800.

As you can see from the table above, if you know what a typical Charlotte property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Looking at different types of deals in Charlotte to learn how to analyze them as an investment is important to your success. But there are many other aspects to consider when approaching your investing game plan. One very large initial step is learning how to talk to motivated sellers on the phone. To get a feel for what sort of things you really need to be asking and how best to conduct yourself, take a look at our script for talking to motivated sellers. It will help get you going on this crucial part of your investing business.

Until next time,

James

Here's another Charlotte property that was submitted by a user that we will use as a teaching tool for our Charlotte, North Carolina Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 4200 Denver Ave, Charlotte, NC 28208.

Since this 2 bedroom, 1.00 bathroom property has an asking price of $83,500, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.

As you can see from the table above, if you know that rents in Charlotte can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

By the way, do you regularly meet with other investors to share your successes and failures? Learning from other investors is a great way to improve your own investing. In addition to joining your local Charlotte investor group, you may also consider creating a national real estate mastermind group.

Until next time,

James

Here's another Charlotte property that was submitted by a user that we will use as a teaching tool for our Charlotte, North Carolina Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 6605 Cool Water Ct, Charlotte, NC 28215.

In the table below I show what happens to the value with a modest appreciation rate. Can you have years where this (or any other property for that matter) go down in value? Yes. Might it not go up by as much as we are estimating? Yes. Can it go up by more? Yes. Only time will tell what will happen.

As you can see from the table above, if we assume an appreciation rate of 6.2% per year, then the property value eventually reaches $116,613 after 10 years.

Did you know that there are many diffent ways that you can become involved in real estate in Charlotte? If you aren't ready to buy long-term rentals, don't despair, because there are other options open to you. Listen to Jassen's CD The Real Estate Career Path Mentoring to find out more about Wholesaling, Flipping and Options as well as various exit strategies so that you too can get involved in real estate investing.

Keep on investing Charlotte,

James