Zack Childress Reviews The Bonuses Of Dual Agency

Zack-Childress-Reviews-The-Bonuses-Of-Dual-Agency

Introduction

What is dual agency? An agent who works with both the buyer and the seller is called a dual agent. Also, if the sellers and the buyer’s agents are from the same broker firm, then it is called as dual agency again. Dual agency has its share of advantages and disadvantages. In here, Zack Childress, a million dollar real estate investor and mentor reviews the bonuses of dual agency.

Simple and quick real estate process:

Everything in the transaction takes place through the same agent. Thus it becomes easy and rapid to schedule everything.

The buyer may be lucky enough to buy the same home that his agent lists:

Suppose the buyer finds a home and he is really impressed by it and wants to purchase it. It so happens that the buyer’s real estate agent is listing the same home. Then doesn’t it make things easy?

The home sells more easily:

Since the seller’s agent is representing both the seller and the other side, he has a higher drive to sell the home.

The home finds buyers easily:

A seller may find a buyer before even the home gets listed. This happens since the same agent is working for both sides.

The chances of getting all the information increases:

Real estate professionals are required to get all the information with regards to a transaction and if he does not, then he is blamed. They cannot instill confidence in their clients unless they reveal all the information. But, sometimes real estate agents are unable to get hold of complete information. This inability is termed as inefficiency and it affects the reputation of the real estate agent. On the other hand, dual agency removes this problem. When the same person is the agent for both the parties, it becomes easier. For instance: the seller’s agent may not disclose certain things to the buyer’s agent. But in the case of dual agency, he already knows it.

The agent fees may be lower:

The agent may agree for a lower fee since he does not have to share the commission with anyone. Thus the seller may save potentially and utilize this amount for something else.

Negotiations become easier for the buyer:

Since the seller and the buyer are both handled by the same agent, price negotiations for the buyer become easier.

Real estate agents working from the same agency:

Sometimes dual agency is feared since people believe that dual agents are not effective. This is because they represent both parties are said to not work for the interests of both properly. But, this is not the case when two different agents from the same agency represent both sides. They communicate easily, negotiate well, provide complete information and represent the interests of both the parties fairly.

Conclusion

These are some of the pros of dual agents as reviewed by Zack Childress. Zack Childress is an expert real estate investor and guru. He is a whizz in areas such as real estate wholesaling, co-habbing and short sales.

Zack Childress Tips To Thrive In Money Making In Real Estate

ZACK-CHILDRESS-TIPS-TO-THRIVE-IN-MONEY-MAKING-IN-REAL-ESTATE

Introduction

For many years, real estate has been a profitable sector of investment. There are many ways to flourish in money making by investing in the real estate sector. Zack Childress, a real estate investor and mentor gives tips on flourishing in money making through real estate investing.

Flipping and renovating homes:

You can buy homes in foreclosures and do appropriate renovation work. Through renovating and repairing, you can sell at a higher rate. This is a process which you have to master and to do this you need to do a lot of research.

Temporary rentals:

Temporary rentals are a great way to make money in real estate properties. You can see that according to surveys, such rentals fetch huge amounts of return on investments. People prefer such rentals to hotels especially for night stays. Such rentals are thus high yielding and profitable. Also, you don’t have to do too much of repair work, decorations or staging for such rentals since they are just short term rentals. Look for areas which have high demand for such rentals. Instances of such cities are New York and San Francisco. Holidaying places also have a huge mushroom of such rentals since people want interim places to stay. Also, areas where industries are flourishing have high influx of people. You can invest in homes in and around such areas and make use of them as short term rentals. College areas are also preferred for short term rentals.

Real estate business operations:

There are special areas of doing business in real estate investing. You can do specialized business in real estate equipments and this will result in money making.

Inflation on properties:

Not just short term rentals, but homes which can be leased out for a long term can make a huge income. Commercial real estate properties earn huge rents on lease. The best thing about rentals is that rent will increase or inflate over the period.

Equity loans:

When interest rates are low, you can take loans on your equity and then use the money for investing in other real estate properties.

Leveraging properties:

Investing in more than one property instead of one for a sum of cash can heighten profits from real estate investments. This is called as leveraging. You must cleverly leverage real estate properties since leveraging has its own cons.

Investing in Reits:

Investing in reits can increase profits from real estate investments. With inflation, the rentals of properties in reits increase and hence the dividends. These dividends can be used as desired. They can spend the shares from the dividends or reinvest the dividends.

Conclusion

These are some basic tips for making money from the real estate sector. These tips by Zack Childress are really beneficial. Zack Childress is a maestro real estate investor. He has immense experience in short sales, co-wholesaling and other areas of real estate. He likes to teach and has made it a passion. He has trained many people to excel in real estate.

Zack Childress Reviews The Influence Of Technological Advancement On Global Real Estate

THE-INFLUENCE-OF-TECHNOLOGICAL-ADVANCEMENT-ON-GLOBAL-REAL-ESTATE

Introduction

The impact of technological development has been tremendous in all spheres of life and industry. So, it is nothing extraordinary that the real estate industry too is highly influenced by technological growth. In here, Zack Childress, a real estate investor reviews the changes that have taken place in the real estate industry.

Information base is wider:

So much of information is available due to the widespread technological flourish. So, more real estate investors are putting this power to maximum use and contemplate investing in areas in different cities and even other countries. People can communicate globally. For instance, if a person in Australia wants to buy property in the United States of America, he need not frequently visit it. He can transfer the power of attorney to a trusted real estate agent and keep abreast of what’s going on from his place of residence.

Co-working spaces and common residential spaces:

More and more independent contractors and freelancers are emerging since people like to have flexibility in their work timings and travel a lot. Such types of workers may face loneliness. So, many co-working spaces are emerging perennially. Co-working spaces are not operated by the same organization. It is divided space occupied by people who belong to different companies and they are united in that they share the same surroundings. In residential properties also there is more than one common space which is being shared. Multi residential homes with home theatres, play areas, swimming pools, garden, walking space and so on are emerging continuously. These help in socializing and provide enjoyment for inhabitants of the same gated community.

A myth that customers need not be near to retailers is developing due to ecommerce:

With the ecommerce spree, it does not mean that retailers need not be near their consumers. When retailers are near the consumers, their goods get delivered with ease and the cost is also minimized. One would assume that retailers need not have a physical presence in proximity to the customer but this is not true.

A radical change in the methods of transportation:

With Uber revolutionizing the taxi and many more such shared vehicle transport coming up, personal cars may become non-existent. Self driven cars or automated cars are also self parking cars. So, residential, industrial and commercial real estate spaces without the need for much parking amenities can be constructed. This buffer space can be utilized for various other purposes.

The evolution of more flexible work spaces:

The need for flexible workspaces arises since people no longer want to work from a fixed space. They work from their desk, lawns, lobby, home, elevator and even the bathroom sometimes. So it’s time for an increase in adjustable and adaptable work spaces.

Conclusion

This rise in technology is leading to these emerging trends in real estate as discussed above. This is a review written by Zack Childress. Zack Childress rose to riches and fame in a short duration of time. His investments in real estate are worth billions. Not just this he is a great guru and has mentored innumerable real estate sellers and buyers.

Zack Childress Tips To Make Moving Easy

ZACK-CHILDRESS-TIPS-TO-MAKE-MOVING-EASY

Introduction

Moving is one of the most formidable tasks of buying a home. You will have to arrange transport vehicles and manpower for shifting all your things. Else, you will have to take the help of friends or relatives to do this. Zack Childress, a real estate mentor and speaker gives valuable tips to ensure that moving in is an enjoyable experience.

Pay the ones helping you to move in, reasonably

  • If you are moving from state to state, 10% of your total bills should be given as commission

  • If you are moving inside the state, $10 to $20 per head is enough

  • Make sure that you don’t exceed the typical rates.

    Have a packages checklist

    Name your packages in order and you can do so in alphabetical or numerical sequence. For example: Bedroom box can be named as A and Kitchen articles box as B and so on. Often moving trucks are loaded with belongings of many families and having a checklist will prevent the wrong delivery of items.

    Wooden flooring needs time to adapt

    Wooden flooring needs time to the sunlight accustom to the new surroundings and you cannot fix it immediately. It has to stay exposed in open boxes.

    Always entrust the spare keys of your old home to a friendly and trustworthy neighbor

    There is always the chance that some things may be left behind or checked in your old home. So give the spare keys to a well known and close neighbor.

    Employ people to clean your new home

    When you move into a new home, there will be lots of accumulated dust and you have to essentially engage a paid cleaner to do the cleaning work.

    Alter or swap out locks in your new home

    Who knows who all may have keys to your house. So, ask the locksmith to interchange locks or install entirely new ones. Once this is done, you don’t have to worry about your safety and can stay relaxed.

    Make sure that the closet is well accommodative

    Empty the closet before moving in so that it can hold well. Also, allot places for everything including your overcoat and your shoes. This will make moving in more organized and less stressful and on the whole more enjoyable.

    Service and clean the machinery before moving in

    Clean the chimney, exhaust, heating and cooling equipments as soon as you move in. Also obtain something like a contract from some service company. This is because you don’t have to end up overpaying for the service when the equipment collapses in some mid season when it is most needed.

    Use alternatives for paper wrap

    You should learn how to wrap in towels and cloth. This way, we are substituting paper with environment friendly material to envelop delicate items. You will also have a clean underground room in your new home.

    Conclusion

    Moving in must be organized and easy. One has to plan a lot before moving into a new home. These basic Zack Childress tips will leave you with a pleasurable moving experience.

Zack Childress – The Main Reasons Why Purchasers Require New Homes

The-Main-Reasons-Why-Purchasers-Require-New-Homes

There is an existing notion that majority of the Americans are inclined more to purchasing a new home than the old ones. And there is a considerable difference in the reasons. Besides the fact that new homes emerge with a large list of advantages, there are aspects for which buyers are willing to pay an amount. Let us skim through the reasons why majority of the purchasers want a brand new property.

The plus points in buying new residences:

Here is information regarding the five major advantages one will attain if he or she is purchasing a brand new home instead of a used one. Do not be taken in by the so-called beautiful house. Here are the major reasons to take into account when deciding on purchasing a new residence.

Raise your dream home:

If you get the chance to purchase a residence that is being raised from the beginning, then you happen to be a good purchaser. That is for sure. You would mostly get the option to personalize it in the way you desire from the beginning. Make the right choices depending on the personal fancies. Choose the fixtures in the kitchen or the lighting that you desire to have. Purchase the house that best represents you, the house that is in your dreams.

House with brand new features:

There is a great relief: Nobody would have used the residence or any of the appliances in the residence. One does not require replacing anything or investing more into it. The top of the house, the appliances or the countertops are one among the costly things that one needs to replace in the immediate future. Why should one be complacent with aspects that require replacing or more expenditure when one can get it from the beginning. There are no surprises, just picture it for you to see.

Efficient with regard to energy:

Fresh homes usually pop up with appliances that are energy efficient. They are raised as per the latest technologies and give the comfort level one requires with fewer difficulties. Some of the aspects you will be happy with are the ventilation system, the cooling and the heating system, high performance windows and many others.

Comfort level and safety:

New residences give a high level of comfort and safety also. It is not only that they are usually raised in residential communities, but the fact is that they emerge with alarm systems or all kind of features to make you feel safe and secure in a new property.

From yet another point of view, fresh homes are raised and designed sticking to the latest trends and styles. You will mostly get a trendy house that is ready to exceed all the expectations.

Cheap to maintain:

Residing in a fresh house implies that you have many advantages in it. A thing worth mentioning is that you do not require so many things to carry out once you move in and maintaining the property will be easier. What is mentionable is that the influence the new residences have on first time owners is enthralling. It is generally said that if one purchases a used property, one is actually purchasing a property that comes along with your dreams also. If you opt to purchase a freshly built house you practically purchase a personalized residence meant for you alone.

Take into account one thing: The same size does not fit everybody. So make endeavors not to compromise the quality for a few bucks as it may lead to exorbitant cost in the future.

Zack Childress, an entrepreneur, real estate investor, and a multifaceted realty kingpin has held a number of seminars which can give you awareness about the existing real estate scenario. You can listen to his seminars to know why purchasing new residence is the best option.

Top Real Estate Flaws – Reviewed By Zack Childress

flaws

Introduction

There are some common real estate mistakes committed by every real estate pro. Buyers and sellers have to be wary of the most frequently perpetrated real estate blemishes to hit on the best deal. Zack Childress, a real estate investor and mentor gives advice on the most popular errors performed.

Comprehend the new regulations

This is a buyer tip

The real estate buying method consists of the following steps

  • Looking out for new homes
  • Propose to buy the home
  • Arranging funds to purchase your home
  • Closing in on the deal

But the way we go about these steps is very varied from what we did few years ago. To implement a real estate transaction successfully, we need to keep abreast of the changes in the procedures. If we try to traverse into the business without getting acquainted with the altered structure, we will surely encounter thick problems.

Procrastinating our home selling activity till spring

This is of course a seller tip. Of course, spring is the best season to sell but people buy all around the year. If we really keep waiting, we may fail to come in contact with many good opportunities for selling. Also, our property may have some season special facilities. For example: If we have a really good wooden fireplace, we can focus really better on it in the winter.

Overpaying for a home

We as buyers end up paying more for a property than we ought to. This is because we are really scared to wait as we think that real estate prices are always on a spree. But this is the wrong assumption because they may even come down. We must evaluate the correct price of the property in our locality and then pay for the home.

Increase the attractiveness of the exterior of the home

The outside of the home should be made appealing. More money should be spent on this upgrade rather than decorating the interiors. External charm of a building draws more potential buyers towards it.

Use multiple marketing tactics

Marketing tactics are the most important part of selling. We should discussing marketing strategies with our realtor. He can come up with various plans. We can use FaceTime, videos and pictures online and so on.

Selecting the correct real estate agent

We should select the correct real estate agent. Here are some great tips to select a good one

  • We should talk to them about their marketing strategies
  • We should learn about their communication styles
  • We should test their knowledge
  • We should analyze their track record
  • They should have a negotiable brokerage amount

These are some of the criterions which we must ensure to get a good broker. Both sellers and buyers must select a good real estate agent

Conclusion

Zack Childress, the creator of the automated wholesaling real estate investing systems, specifies some of the usual real estate flaws in this article. We as buyers and sellers will definitely benefit from this analysis of Zack Childress.

Zack Childress Tips – How To Compute Capitalization Rate For Real Estate

capitalization-rate-for-real-estate

If you invest in real estate, by means of income generating properties, then you need to know the method of finding out the value of a real estate, which is coined as capitalization rate which is also known as cap rate. It is an indirect measure of how fast an investment will pay for itself. Despite, there are several variations observed, given the property’s net operating income and its purchase price, the capitalization rate is determined easily.

Steps involved in calculating cap rate

• Get the recent sold price of an income property (say an apartment complex).
• Find out the net operating income, or the net rentals. All operating expenditures are deducted, but not the credit. So, this estimate values the property as if you paid cash for it.
• To get the capitalization rate, divide the net operating income by the sale price.

Selling:

To market a property is no easy thing and it requires a good preparation. Say for example you own a small apartment and wanted to sell it, in this case, you need to gather information about recently sold properties in the area that are similar to yours. It is important to find such properties that are very much similar to yours, not more or fewer units, but quite similar as possible. You will find two or three properties that have sold within the previous three or four months.

The most delicate element here is to determine their net operating income. At times, it’s available in the listing and sometimes it isn’t easy to get to. However, consider getting this information from a commercial real estate agent, say for example you get cap rates of three properties, calculate its average sum, meanwhile, know your property’s NOI and divide the NOI by the cap rate. Now that, you know how to make the calculation part, you can make a decision as to the cost you want to ask for the property and put it on the market.

Buying:

To get informed about how to buy a property or land with expert information is the best thing that you can do for yourself. This will save a lot of hassles! When it comes to buying, the first question that arises is whether it is worth the money spent. In this case, again you will have to get some comparable properties together with an average sold capitalization rate.

Having said all that, remember this is not the case always. There can be better motives for a property justifying a better capitalization rate. Perceivably, it may be the location, the features, and the neighborhood, the cap rate just helps, but it must be evaluated before coming to a conclusion.

Buying and selling real estate, when done under the supervision of a real estate expert is said to bring fruitful returns. If you want to educate yourself on real estate concepts and wanted to make quick cash, then learn about Zack Childress real estate reviews, throwing light on the most important key concepts, you are sure to get more ideas from him.

See More: Zack Childress Real Estate

Zack Childress How Do Zillow And Trulia Work For Real Estate Agents

how-do-zillow-and-trulia-work-for-real-estate-agents

Buying leads from Zillow and Trulia, is it worth it? Which one is better? How will they be of help to me? These are the most common questions that Zack Childress get from real estate agents. Impressive revenue and valuation growth is the common stance of Zillow and Trulia, but how does that work for real estate agents out there?

Both Zillow and Trulia have their own potential to produce considerable leads for any agent. Nevertheless, they don’t turn out the same results for all. There are more than a few variables which can each play a responsibility in whether this type of marketing will work for any one picky real estate agent. Buying leads from these two companies depends on the type of marketing plan you hold.

It can provide cold lead sources for your business, however, you will have to be aware of how to work and meet the criteria of these lead sources. Responding back to these leads quickly is another important thing. Talking about the worth of it, it simply depends on one thing, how far you are able to convert these leads into buyers; the assurance of you getting an actual qualified buyer is at vain depending on certain cases. Depending on the situation there can sometimes be phenomenal results and sometimes the flipside of it. As a matter of fact, different agents and different zip codes will generate unstable results.

Allowing you to promote your listings and connect with new clients, you need to take your present situation and analyze in and out to bring out the best.This is a polarizing topic among realtors and next time when you are among your friends or colleagues try to get suggestions about these two real estate database companies. Along with what is being mentioned here, you will be able to get so many reviews that will be helpful.

A coin has two sides; similarly, both these platforms have the potential to generate a considerable amount of leads which doesn’t have to produce same results. The variable involved differs. So, it is always good to consider your current situation, lifestyle and then go with these real estate database companies who can help you with bringing up leads for you. Learn more about Zack Childress real estate reviews and other key concepts that will throw light on the most demanding topics and make quick cash.

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Zack Childress Why Start As a Wholesaling

Why Start as a Wholesaler? 

Wholesaling Real Estate

Wholesaling Real Estate

Everyone talks about wholesaling. We know that we want to go out and make money. We know that we want to go out and put deals together, but why start as a wholesaler, right? There are so many other ways of investing out there to make money. Why would wholesaling be the best way to start?

Well, you have to break it down into what we call “Four Tier Groups.” Tier one would be wholesaling. Tier two would be lease options and seller financing types of deals. Tier three would be rehabbing. Tier four would be buying and holding properties.

What I want you to think about is where you belong. Where do you fit in? Are you in a position to just buy and hold and get to your passive income faster? Are you in a position where you could rehab some houses to where you can make bigger checks so you can move into tier four faster? Are you in a position right now where you could do a tier two lease option to create some cash flow to make some checks later on so you can build up through there?

I ask you those questions for a reason. The reason is because I want you to think about something. If you read the article “What is Wholesaling” and “How I Got Started,”you will understand that wholesaling is nothing more than an exit strategy. You should always be wholesaling the deals that you do not want. Make sense now? Good. The reality is that you should always be marketing for tier two, tier three, and tier four. You might not be in a position to do tier three or tier four yet, but you still want those deals because the money could come along, the financing could come along, and you are getting the deals that you need, but in return, the ones that do not fit your criteria or the ones that you can’t get funding for or the ones that just do not make sense in profits; then you wholesale those deals off. So, the question is not why you should be wholesaling. The question is why you are not wholesaling now?

I want you to think about that. Wholesaling will always be a platform in your real estate business. We call it the “A B Cs to real estate.” A stands for “always be wholesaling.” B stands for “because it always leads to flipping” which creates chunks of cash. C stands for “cause it creates cash flow.”

You want to wholesale to get into tier three to flip properties and make big checks. You take tier three’s profits and you go out and buy properties to hold them for income. Keep your eye focused on the prize, guys. I am going to tell you right now that the worst thing that can happen is that you can get caught up in this real estate market model and you want to go after passive real estate investing and you want to build that life, but then you get off track and you start wholesaling and you start doing lease options and rehabs. Then you create another job for yourself and you never truly focus on why you started. Remember, always stay focused on why you started and let everything else just be a stepping stone to get you to that passive cash investing.

So, guys these are the reasons why you should be wholesaling. That is why you should never stop wholesaling. Go out and make it happen. Listen, if you want the fastest way to get into wholesaling, jump on board with our co-wholesaling course – REI Quick Cash System, and we can skyrocket your business model as well.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE

What Is Wholesaling?

What is Wholesaling?

What Is Wholesaling Real Estate

What Is Wholesaling Real Estate

Great question! What is wholesaling? Well, wholesaling is a misconception. It is not an investing strategy. It is more of an investing exit strategy. It is very important that you understand that because strategies are really about how we are making money like if we are rehabbing and lease options. Wholesaling should never be a primary strategy. It should always be an exit strategy, but when you are first starting out, your primary strategy is exiting out of as many deals as possible. So, wholesaling becomes the primary focus for most investors. It is a beautiful thing because there is little risk involved. There is no money needed. There are no loans needed. You do not need a whole lot of money to go out and do it. In some types of wholesaling, you do not need any money to do it.

Talking about that, there are so many different ways that we can wholesale. I am going to talk about those as well, but what I want you to be clear on is that wholesaling is really nothing more than the art form of controlling properties through contracts and then we assign our rights to those contracts to a new buyer. That is something that you want to think about when you are looking at this model because what we are doing is contracting the property and we are choosing not to close on it. So, instead of letting the deal go away, we still want to exit out of the deal and make money. So, we find a new buyer and we assign our rights to a new buyer.

Now, also understand this. Wholesaling, true wholesaling is where you never close on the property. You never actually buy the property. You never actually show up on the title. You never actually close or do any of that. You never go into escrow or anything because you are assigning your rights to that contract to a new buyer through what is called an “assignment contract.” At that point, the new buyer is the one that closes. They are the ones that go get the money. They go to escrow. That is something that you want to be very clear about.

Wholesaling is so many things. If anyone ever pigeon holds you and says that it is “finding properties as a discount and finding a cash buyer,” well, the problem is that is someone who has not experienced wholesaling or knows wholesaling like I do. I have been wholesaling for nine years now. There are so many different ways.

You have what is called “traditional wholesaling.” You have wholesaling options, wholesaling unsellable properties, wholesaling to a retail buyer, wholesaling REOs which by the way isn’t a true wholesale because in some cases, you have to take the title or close or borrow money, but there are ways to do that using what is called an LLC. There is also wholesaling commercial real estate and also what we know as “co-wholesaling” which is the fastest and easiest way to get started as a wholesaler because it really is truly little to none at all risk in it. There is really truly no money needed in that type of strategy.

When you are looking at wholesaling, just know that it is really about being able to control as much as you can and through contracts, and then selling those contracts to a new buyer for a fee without every closing on the property or borrowing money to close on the property.

There again, wholesaling is a very broad term. Never let someone tell you that it is a pigeon hold or that it is one type of thing. It is not. If they do tell you that, run from them. I will tell you right now that if you want to start as a wholesaler, the fastest way for you to start is co-wholesaling.

Get some more information about what we are doing here. Get some of our free stuff that we have here on the page. Learn a little bit more about it. I will see you guys hopefully on a video training, maybe in the back office as one of our new students, but also, keep reading more articles if you find yourself still looking for some answers.

Click Here to Download my Co-Wholesaling Blueprint ($197.00 Value) for FREE