The Robert Shemin Update
DECEMBER 2006   
Robert Shemin Newsletter
Previous Issues
• Making offers Part 2: Presenting your offer
• Landlording-Finding Properties Part I
• Mortgage Broker vs. Banker
• Fixer-Upper: The Investor's Special
• Tips & Tricks: Primary Residence Exclusion
Making offers Part 2: Presenting your offer

In "Part 1 – Understanding Contracts" you read about the components of a real estate purchase contract and what to consider when writing an offer. Once you have completed writing your offer and have had it reviewed, you are almost ready to present your offer. Before you do, take time to review what you are bound to do under the terms of the contract. Typical contract language binds you, once everything has been agreed to and signed, to either purchase or sell the property. More...
Landlording-Finding Properties Part I

In land-lording, finding the right properties is a critical part of your success. Let's talk about the different types of income producing properties. More...
Mortgage Broker vs. Banker

As an active real estate investor there are a few things that you need to know regarding the mortgage business. There is going to come a time that you will need to take a mortgage out on an investment property and you will want to be prepared. The very first thing that you should concern yourself with is choosing a Mortgage Professional to assist you in getting your loan. More...
Fixer-Upper: The Investor's Special

Every investor, whether in the business for 10 days or 10 years, knows that finding a property that needs work can mean finding a property that has profit. But what are we really looking for? What determines whether a home that needs work can be profitable, or just a pain in our back side? How to find, fix, and ultimately sell these homes, is the ultimate million dollar question. Let's take a short walk through finding, analyzing, and buying a fixer-upper to make a profit More...
Tips & Tricks: Primary Residence Exclusion

If you are selling your primary personal residence, you don't need to use the services of a neutral third party. As of May 7, 1997, the rules for sales of primary residences were changed dramatically. However, many people, including some tax and real estate professionals, are unaware of the changes. More...
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