Basics of Buying

Post by: Andrew Flachner of the Andrew Scott Real Estate Group

If you are looking to buy a condo or buy a home in San Jose or the surrounding cities, there are many different strategies used. There are a number of factors that can affect success as well, including factors outside your control. Here are a few ways to make sure that you're on top of the game when you're looking for a great deal:

Educate Yourself: Learn the ins and outs of the real estate market. Being

familiar with market trends doesn't make you trendy, it makes you a well-informed person who can make an educated choice about investments.

Always Keep an Eye Out: Investing in real estate is something that can take time. Keep your eyes and ears out for potential investments, even when you're not actively looking. Likewise, when you are looking and aren't finding exactly what you want or need, expand the scope of your search.

Know Your Focus: For the most effective results, you'll need to narrow your focus down to a certain type of real estate. Some of your options include residential single-family homes, vacation homes, multi-family homes, commercial buildings, and industrial buildings. Learn which publications and agencies focus on the type of real estate you are most interested in.

Call (408) 982-6636 today to begin your home search or to buy investment property in the bay area. You can also email AndrewFlachner@kw.com

Can I Invest w/ No Money or Credit?

Post by: Andrew Flachner of the Andrew Scott Real Estate Group

Question: Can I Invest in Real Estate w/ No Money or Credit?

As far as using none of your own money or credit, it is possible. Many skeptics shun these phrases because they are used inappropriately to sell the dream of real estate investing for thousands of dollars in book/seminar sales. The key is finding people who believe in your ability to generate a positive return on investment (ROI) to partner with.

If you provide most of the legwork (find the property, negotiate the deal, manage the property) then you can usually arrange to own a percentage of the property, even if you contribute little or no money to the project.

There are MANY laws and regulations you should be aware of when embarking on a joint venture and you should definitely do your research to mitigate your risk

You can begin to search for properties in California here: http://andrewscottgroup.com/search.asp or, if you're looking for commercial property, www.Loopnet.com is a great tool.

Source(s):

www.Loopnet.com, www.AndrewScottGroup.com, www.CanDoCondos.com