Ryan Mullin
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4 Real Estate Investing Markets Compared
I and my partners invest in four different real estate investing markets thorough out the United States. Some markets are great for rentals, others perfect for rehabs and some are so HOT – properties are sold before they are listed. Below are descriptions of the markets that we invest in from an investor’s perspective.Comparing Real Estate Investing MarketsIndianapolis, IN:Indy has an amazing market for rental properties. Even though many hedge funds and investor groups have recognized that Indianapolis is the single hottest rental market in the country here in the last year, we still have a leg up on the…
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Real Estate Marketing Using Bandit Signs
Bandit signs are a guerrilla marketing tactic used by politicians, real estate investors and people that “buy junk cars”. I’ve seen bandit signs for pillows, mattresses, wait loss ideas and even pharmaceuticals. Legally bandit signs fall in somewhat of a gray area… If you decide to place them, be careful. You can get fined.Real Estate investors have been using bandit signs for ages. The most common real estate signs will say “we buy houses” or some version of that. Ours say RyanBuysIndyHouses.com… and we only post them on properties that we own:) You can find some really great deals for…
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Single Family Houses – The 5 Biggest Buyers In America
Right now the single biggest trend in Real Estate is private equity moving into the single family house market.What exactly does this mean for the “Mom and Pop” operations that buy sell lease manage and renovate single family homes all over the country? Well, it could mean any number of things. If you are paying attention and are aware of what the Big Boys are doing you can use this information to your advantage. If you live in one of the popular markets like Phoenix AZ then you have already felt the impact.As SFH investors and property managers we may…
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A Simple Way To Score An Amazing Deal
Find a distressed property that is located in an otherwise great neighborhood. Make sure that the rental rates in the area will support the 1% rule! Even if you plan to flip it!→1% Rule Explained: Quick and dirty method for evaluating a real estate rental deal/market. If the monthly rental rate is at least one percent of the purchase price, then the it is worth exploring further. If the monthly rental rate is less than one percent of the purchase price, I’m better off focusing my efforts elsewhere.Look for houses with solid bones. Look at the top of the roof…
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5 Things That Separate Us From Normal “Wholesalers”
What exactly we do different that makes us so successful as Wholesalers? We pay attention to our clients – BUYERS. Specializing in the “cash flow investing” in terms of running it as a wholesale business is quite easy. Here are 5 reasons that we do so much business and have so many repeat investors that we do deals with.1. We own all properties we sell. Most wholesalers don’t even own the properties they are selling. They either have them under contract or have them listed like a realtor. We are invested in the properties and have no problem with owning…
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Rule #1 – Don’t Have A Vacancy In The Winter.. Rule # 2 – If You Do.. Winterize!
When you have a tenant that vacates during the winter months you absolutely have to winterize your property ASAP. When pipes full of water freeze that means they break. For just $185 your property management company will send a plumber out to winterize the property AND have the plumber come back and un-winterize it when it gets warm again.This seems like an obvious step to take to protect your property but we have investors who want to take a chance and do nothing.. or.. pay to heat the property while it is vacant. Either way can be EXPENSIVE. Having a…
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How New Investors Build A Power House Real Estate Team
Connect With ClubsThe first thing you can do to start building a power house real estate team is to join your local REIA. Before you even do your first deal you can show up at REIA meetings and figure what services you could use and establish some expert contacts. You can also sign up at meetup.com and find a local group to get involved in. Meet-ups are great ways to meet potential partners and clients.Once you have met some people at meetups and REIA meetings you can keep in touch with them and start building your brand via social media and…
