Tag Archives: Real Estate Investors

Sell Your House for FAST CASH

Sell Your House for FAST CASH

If you are a property owner and in need of instant cash, sell your house for FAST CASH with Professional real estate investors group (PREIG) Canada.  PREIG Canada members with extensive knowledge, background and training; support we buy houses in CanadaSell Your House for FAST CASH

You might be aware of advertisements on Canadian real estate investors who purchase houses for cash entirely with fast closing to satisfy the needs of sellers. You may ask yourself what sort of business is buying houses? There are several reasons for buying houses in Canada and so, for selling houses.

Sell Your House for FAST CASH

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REI Club Real Estate Montreal-Quebec

Professional Real Estate Investors Group (PREIG) Canada

&

World Wealth Builders

Speed networking for Real Estate investors

REI Club Real Estate Montreal-Quebec Networking & Support meeting

When TBD

Time: 6:30 PM - 9:30 PM

Where: 5101 Buchan Suite # 250, Montreal-Quebec
Montreal, QC H9P 1C5

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Real Estate Mentor

Real Estate Mentor is a word which was founded several decades ago in Greek Mythology. Whether it was used then, the significance still remains the same till today.

A  Real Estate mentor is a wise influential person or supporter who provides you with helpful information and guides you through a path towards success. Real Estate Mentors are also interested in formulating an understanding environment in which the people being mentored are encouraged to discuss their needs and circumstances willingly with confidence. Continue reading Real Estate Mentor

Homeowners vs Renters in Canada

According to Statistics Canada, in 2005, 37% of people were home renters and 63% of people were home owners. Most home renters would love to be home owners but choose to rent because of lack of money available for a down payment, unfavorable credit or simply are not making enough money to carry a mortgage. When you are renting for said term outlined in the rental agreement, you are making your landlord a very rich person. In this process, you are paying down his mortgage and putting cash in his pocket every month. At the end of your rental term, you walk away with nothing. Knowing this most people neglect the units and do not take pride in their living space and that is why most of the rental units are substandard. Continue reading Homeowners vs Renters in Canada

Wholesale Real Estate Canada

Quick Bucks with Wholesaling Real Estate in Canada

Wholesale Real Estate Canada,A Great Strategy for Real Estate Rookies.If you are a real estate newbie investor, say hello to your new favorite strategy! We'll refer to it as wholesaling, but you may also hear people refer to it as quick-turning, assigning the contract, or flipping. Why will it be your favorite strategy? Easy. Because you need.

wholesale real estate canada

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Other People’s Money

Having no money holding you back from investing in Real Estate? We got the solution for you!The simple solution is Other People's Money!

Other People Money Continue reading Other People’s Money

Passive Income in Real Estate

No fluff, No filler, Real Education for Real Estate Investors.

No Money down

part 1 0f 10 series

Let the Government pay your Down Payment

Everything you need to know

to be successful in Real Estate Investments to

generate Passive Income in Real Estate

FREE, LIVE "Webinar" every other SUNDAY !

(Different topic each Sunday)

FORMAT: Simulcast! (Attend via Phone or Webcast -- it's your choice)

Date: Sunday  TBA

Time: 9:00 p.m. - 9:55 p.m. Eastern Time

That's 6pm (pacific) | 7pm (mountain) | 8pm (central) | 9pm (eastern)

After registering you will receive a confirmation email containing information about joining the Webinar.

* For a Free Membership. Please Click Here 

Passive income in Real Estate

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Successful Landlording

Most Real Estate Investors, as landlords, want to get out of the business as quickly as they got in. Many mistakes have been made along the way in their career and they have nothing but problems with tenants. This is very common but can also be easily remedied.

successful landlording

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Orphan Mortgages Canada

Mortgages are not that simple.They can be lot more complicated depending upon the lenders,the borrowers and the terms.Even though mortgage industry is heavily regulated and guarded to protect the Real Estate Investors and property owners.There are several key components to each mortgage. Most of Real Estate investors have very little knowledge about it. Majority of Real estate investors assume and presume, that is where they fall into cracks and suffer huge losses.

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Cover Letter for Real Estate Offer

Cover Letter for Real Estate Offer

Professional Real Estate Investors always submit a cover letter for real estate offer.  If you are unfamiliar with this strategy, since this step is not standard practice known to lot of Real Estate Professionals. The cover letter for real estate offer set the stage well for negotiation and helped get the deal done on mutually beneficial terms where it may educate the seller for all other benefits which are built in the offer.

cover letter for real estate offer

Super eight magical powers of a cover letter for real estate offer can strengthen and reinforce your offer, says, Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada, It is like a laser guided missile hitting right on its target and getting the job done.

A cover letter for real estate offer is a brief letter describing in plain English your liking, comparable and benefits for both parties. There are main eight reasons to use a cover letter, but the simple fact is that including a cover letter with your offer multiplies your chance of having that offer accepted.

There are multiple  purposes for submitting a cover letter with each offer, but here are super eight magical powers of this tool.

1. Professional serious offer -

Attaching a cover letter is not standard, so it will immediately make your offer stand out. In a hot market especially, it doesn't hurt to be professional and unique (in a good way). They know that you have done your homework.

2. Personal touch -

Adding up few personal likings towards the property, the property sellers needs and asking the property sellers for all the benefits own the property can do magic, all the time. The cover letter will help establish a positive rapport with the property seller and set the tone for more harmonious negotiation.

3. Simple language -

The legal terminology can be hard to understand. Cover letter provides the comfort of simple language. A confused mind says no, so a cover letter which explains the terms of your offer in simple language can be a powerful tool.

4. Needs and Wants -

You can use your letter to let the vendor know what terms are important to you. If you need a certain closing date, seller financing, or multiple showings before closing, use your cover letter to make this known.

5. Benefits for the Sellers -

Perhaps the greatest benefit of the cover letter are that you can tell the vendor why your offer is the best one. Whether you are giving them the closing date, price, or other terms they want, be sure to emphasize how your offer meets their needs and create a win-win deal for each party.

6. Hard core facts -

Whether you want to mention comparables, point out some "scary" flaws in the property, or flatter the seller, you can use the cover letter to justify the price you are offering. If you are offering great terms and a slightly lower price, simply explaining this may have the vendor take your offer more seriously.

7. Capital gains deferral -

If you are interested in seller financing, you may wish to offer that option to the property seller including Capital deferral option. The cover letter is a perfect place to offer this opportunity.

8. Clear and Precise information -

As an investor you may be flexible on certain things such as the closing date which could be a point of contention with other buyers. If you can get the vendor let you know what is important to them, then you can use your creativity to create a win-win solution and get the deal done. Request open communication in your cover letter and try to use any info you receive to address the vendor's needs throughout the negotiation process.

Use the cover letter every time, every one in the process will be impressed with the results. You can even include cover letters with your counteroffers to aid in the negotiation process. Even if you decided not to proceed with transaction, you know your professionalism that you delivered above and beyond. Professional Real Estate investors who have proper apprenticeship and mentoring can write a professional letter, but cover letter could make all the difference.

cover letter for real estate offer

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