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If you want to become a real estate investor, find a "fixer-upper" owned by an anxious seller. Finding distressed houses at bargain prices, fixing them up, and then selling them on a consistent basis can make you a multi-millionaire. Why Sellers Sell At a Discount Home owners' problems often prevent them from staying on top of their home's upkeep. Factors such as job loss, divorce, serious illness, various addictions, or other personal problems quickly overwhelm distressed home owners, forcing them to sell. These sellers can't make the needed repairs because of financial or physical limitations, and when that happens, their home becomes a low priority and sometimes will go into foreclosure. Look for the "Triple D" Home sellers with three problems give beginning investors a great opportunity. A "Triple D" is a Doghouse, involved in a Divorce, and in Default. The label "doghouse" comes from Southern California Realtors who used this term to describe the worst fixers. These houses maybe "tired" and need only cosmetic work in order to favorably compare with other homes in the area. What to Look for in a Doghouse The hardest house for a homeowner to sell is a "doghouse," "dump," or "fixer-upper." These run-down houses scare off most buyers, who don't have the money to cover the down payment, closing costs, new furniture, carpeting, appliances, roof repairs, and other deferred maintenance required to bring the home back into top condition. As you look through the classified ads or at Realtor listings, keep an eye out for terms like "handyman special," "as is," "fixer," or other tell-tale words. Also have your agent use similar terms when scanning the Multiple Listing Service for your target area. Once you've found a property that you can turn from doghouse to dollhouse, find out the seller's problem and then offer a solution. Distressed sellers frequently experience financial problems and need cash as soon as possible. Therefore, if you're ready to close quickly, you'll be set to negotiate a lower sales price. How to Close Quickly Find an experienced lender and get yourself not only "pre-qualified," but also "pre-approved." Taking that second step assures worried sellers that you already have your loan in place for their property, and this puts you well ahead of other potential buyers. How to Know When "Bad" Is Good When you first start out in the real estate "fixer" business, you'll want to look for "ugly" houses needing only cosmetic work. Look for entry level fixers that just need some cleaning up, painting, and carpeting. When you're new to the fixer business, always remember your limitations and use caution when considering houses needing structural repairs. My husband replaces structural beams, sub-flooring, walls, plumbing, and electrical systems, but he acquired those skills after years of experience. If you find a house with structural problems, get estimates from reliable contractors to do the work. Experience teaches you how to do more over time. Until then, rely on experienced professionals to do the repairs. Take professional estimates into account before deciding whether or not to purchase an investment property. The Easiest Houses to Sell A dollhouse, located in a popular neighborhood, sells the quickest. For instance, we once sold a home we named "Orange Tree Cottage" in just three hours! To qualify as a dollhouse, a home must be in a location that buyers want and must offer the number of bedrooms, bathrooms, and amenities they're seeking. Beyond the price, however, buyers purchase the house that meets both their basic requirements and their emotional needs. Filling Buyers' Emotional Needs After many years of investment experience, we've found that using Design Psychology and Marketing Psychology techniques greatly increases our profits. Both concepts go far beyond "curb appeal." For instance, we use colors that target our prospective buyer's income level and match the selling season. Generally, buyers of higher-priced homes prefer complex colors. And using cool colors during hot weather and warm colors in cold seasons makes buyers feel like they've found an oasis or sheltering haven. We also paint the front door a happy color and entice buyers into the house by placing potted plants on the porch. Once inside, we use home staging strategies to create a buyers' dream home. We don't use a lot of furniture; just a few accessories to suggest happy activities. The idea is to make the buyers believe that if they buy your home, they'll enjoy a new lifestyle. Over the years, we've bought and sold dozens of distressed properties. By using caution and common sense, as well as following a few simple rules and using Design Psychology strategies, you, too, can become a wealthy real estate investor! About the Author
Romeo Burke: TO SOLVE YOUR HOMEOWNERSHIP PROBLEM VISIT PLS. SITES BELOW http://tinyurl.com/c2xb85 http://get4closurehelp.com/?affid=6688 We just bought an old dollhouse and would like to re-paint, wallpaper and carpet. Also, we need some new furniture. Anyone know of stores that sell the supplies near Madison, WI?
There is a Hobby Lobby in your area. http://www.hobbylobby.com They always have Doll house stuff. A quick search on the internet finds this website: http://www.dollhousecollectables.com/ As far as wall paper and carpet go. You can always find a wall paper site online download a picture and photoshop that into a wall paper that you like. I model in 1:87 (HO) and have used this for flooring and magazines on coffee tables. Good Luck.Video About dollhouse carpets
Cols Carpet Mill Store - Doll House
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New Miniature Dollhouse Carpet Rug Doll Furniture 10x7
US $4.99
Miniatures Dollhouse Carpet Furniture Doll House Rug
US $4.99
dollhouse doll house miniature WOVEN RUG CARPET OF MANY COLORS
US $6.99
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Dollhouse Supplies near Madison, WI???
dollhouse carpets best buys currently on Amazon Stores
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Nice Cherry1:12 Scale Hardwood Flooring Trim Dollhouse Parquet Kit $22.99 1" scale real hardwood flooring trim kit. Size: Contains 4 18 in long X 1/2 in wide flooring trim strips. Can be used with any of our wood floors.Parquet kits provide a fitting finish to your beautiful walls. Patterns are based on 17th century French floor designs and are available in various hardwoods (real hardwood, not printed paper). Cherry and walnut floors look rich with just a natural finis... |
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Rive Cherry 1:12 Scale Real Hardwood Flooring Trim Dollhouse Miniature Parquet Kit $22.99 Rive Cherry 1:12 Scale Real Hardwood Parquet Kit - Contains: 4 - 17-1/2in X 1/2in Strips And 8 - 1/2in corner blocks. Contains complete instructions. Coordinates beautifully with the cherry and walnut flooring and medallion kits. Parquet kits provide a fitting finish to your beautiful walls. Patterns are based on 17th century French floor designs and are available in various hardwoods (real hardw... |
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Dollhouse Miniature Random Plank Red Oak Wood Flooring Dollhouse Miniature Random Plank Red Oak Wood Flooring. Measures: 11 in x 17 in. and the planks are 1/2 in wide Can be cut with scissors. Apply with glue or stick-em (available in my store under building supplies) Made By Houseworks.... |
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Calico Critters Kitchen Set & Accessories $20.29 The Kozy Kitchen Set by Calico Critters includes a round table with 2 chairs, kitchen counter with sink, oven, refrigerator, and hutch. Plus, over 40 accessories, including cutting board, baking trays, plates, carpets, food and more! Critters not included.... |
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Dollhouse Miniature 17th Century Palmette Rug $3.99 This intricately woven rug is inspired by an antique original. It has a silky "real-rug" feel and fringe on both ends. The quality is wonderful- especially at this price! Approx. 4" x 6" (without fringe)... |
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Dollhouse Miniature Cairo Floral Rug $3.99 This intricately woven rug is inspired by an antique original. It has a silky "real-rug" feel and fringe on both ends. The quality is wonderful- especially at this price! Approx. 4" x 6" (without fringe)... |
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Dolls House Do-It-Yourself: Carpets and Rugs $5.99 A selection of over 25 carpets and rugs to make for the dolls' house in a variety of classic styles. This book is all you need to create beautiful carpets and rugs of all shapes, sizes and designs, whatever the size or period of the house. The historical and style details of each piece are given, with suggestions for where each one could go in the dolls' house. There are 25 stitched projects, with... |
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Miniature Needlepoint Rugs for Dollhouses: Charted for Easy Use (Dover Needlework) $4.45 It's easy to enhance any dollhouse with 37 rug designs that are charted for easy use on #18 and other-size needlepoint canvas. The designs are based on many different types of actual rugs, including Oriental, Persian, Early American, modern, animal skin, and more. Color charts are given for each design.... |
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