Real Estate Investing – Plant a Real Estate Garden and Watch it Grow Money

What is it that we like to do every spring? Many people till up some ground, remove the weeds, add a little fertilizer, plant the seeds and wait for them to sprout and grow. Here’s how it works. Real estate investing is like planting a garden. We find a good location and eliminate the properties that do not fit our plan. We locate properties that are promising and begin the process of assessment and negotiation.

I have found that creating what I call my “Real Estate Garden Book” helps me keep track of the properties I am watching or considering as I cultivate the deals just like cultivating sprouting seeds in a garden. Determine the outcome for the property. Will it be a wholesale property, a buy, rehab and sell property, or a property that would be a rental? Create a Garden Book for each category of properties you are considering. Snap a quick photo with a digital or camera phone . I download it to your computer and add the photo to a data page. MLS listings already have a photo and basic information on the listing sheet. So simply copy this sheet and include it in your book

For MLS listings ,keep track of the list price, changes, if it goes off the market and why, number of days on the market, etc. Your agent should be able to assist you with information on the listing history of the property. Include information on comps in the area. What are rental rates in the area? Ask your agent to assist you with these. Look up the county records , copy the information and add it to the materials. This should give me the current owners address and basic information on the property.

Check with Code Enforcement for any outstanding violations. Include a page to notes on the property from the initial observation and then from any conversations with the owner or agent and later from visits you may make to the property. Give each property a rating. High, medium, low. Color code each rating with different color highlighters to designate each property.

Some of the properties will be purchased by other buyers or removed from the market by the owner. You will eventually weed out more of the properties in your book…and what will be remaining will be the cream of the crop. What we are trying to accomplish is to find the best property with the most potential for creating a profit or long term return on our investment.

Your Real Estate Garden Book

Posted in Uncategorized | Tagged , | Comments Off on Real Estate Investing – Plant a Real Estate Garden and Watch it Grow Money

Reasons Why Garden Grove Real Estate Is a Good Place for Investment

Real estate investment does not only involve purchase of your dream house. You also have to consider the location and the neighboring community. Before you make an offer for the house of your choice, you have to consider the neighborhood where your future home will be located. This is very important when considering where to put on your real estate investment. This will also ensure years of contentment for your family.

Considering this, Garden Grove is honored to have a reputation for its outstanding pledge to volunteerism. A vibrantly advanced and developing city situated south of Los Angeles, Orange County, California, Garden Grove known as “The City of Youth and Ambition”, truthfully echoes this various cultural community of more than 172,000 people. Garden Grove is one of the top tourist destinations because of its warm climate, gorgeous beaches, and various family-oriented attractions and activities that can cater to both young and old. It’s no wonder that residents consider Garden Grove a great place to call home.

There are several must-see sights in the resort area known as “International West” such as a number of hotels and restaurants beside Harbor Corridor, Disneyland which drew an unbeatable 15 million visitors in 2006 at the Anaheim theme park and its neighboring resorts, Knott’s Berry Farm and beautiful and pristine local beaches are among the few. Thanks to Garden Grove’s Redevelopment Agency for financing millions of dollars which added hundreds of events and conventions subsequently increasing the resorts economy.

This city is a friendly, determined and well-adjusted community. Schools are evaluated as some of the finest and safest in the county having 45 elementary schools, five community colleges, eight high schools and nine junior high schools which can meet all of your family’s educational needs. Garden Grove is also home to the most number of churches in California which includes the world-renowned Crystal Cathedral.

Services being offered by the Garden Grove City include employment assistance, recreational and educational programs and family leisure and entertainment. The city has 13 police and seven fire stations making the city one of the safest community to live in the state. The city has commissioned 600 full-time employees and they are sustained by more than 100 volunteers.

According to the United States Commerce Department, this part of the country is constantly included in their list of Top Family Vacation and Holiday destinations in the U.S due to its wholesome image and safe and secure environment.

Obviously there are numerous factors to take into consideration when you decide where you and your family will live or where to invest on real estate. Garden Grove MLS are the best possible source to work with and can help you find your dream home and most suitable location to serve your needs.

Information such as these when considering real estate investments ensures that you have your dream house as well as a good environment and community that you and your family can enjoy for the rest of your life.

Posted in Uncategorized | Tagged | Comments Off on Reasons Why Garden Grove Real Estate Is a Good Place for Investment