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How To Flip A House And Be Financially Independent

To become financially independent many people learn how to flip a house. This process could not be simpler to understand and it is even easier to execute once the basic methodology has been understood. It is a simple process that typically involves four steps: first, identify a potential house to purchase. Second, acquire the funds needed to purchase the property. Third, negotiate an acceptable buying price for the property. The fourth and final step is to then find a buyer that is willing to buy the newly acquired for a higher price.

The first step of any real estate investment is to find and identify a potential property. A potential property can be identified by its sound appearance, availability, and, most importantly, a low asking price. It is a good idea when searching for a property to invest in to research the surrounding real estate market. Real estate is valued on a comparative basis. This means that the price of a particular house is based on the value of similar houses in the immediate area. By studying these properties a smart investor can identify those houses which are priced below the comparative market value.

A house may be priced below market value for many reasons including poor condition, foreclosure proceedings, tax liens, or any number of other reasons. A great way to find houses that have been foreclosed on is to contact your local bank or lending institution. Properties with tax liens against them can be found at the court house or local tax office. Once you have identified a promising property, you have to acquire the funds necessary to retain ownership of the house. If you are not an experienced or wealthy investor, then this could be a tricky and confusing process. The first thing to remember is that a bank lends money in order to make money. If they do not think that your investment opportunity will be profitable, then they will be unlikely to extend the needed or requested funds. Therefore it is important to be as prepared as possible when answering the loan officer’s questions. Have facts about the property, the surrounding market place, and your personal financial history at hand and accurate. Do not attempt to mislead the officer. They will find out the facts eventually and any dishonesty will hurt your chances of completing a successful loan application.

Once the property has been identified and the money acquired, then you must negotiate the best possible asking price. This step in the process can mean the difference between an ultimate profit or loss at the end of the day. Again it is important to have your facts. Know the comparative market place and make sure you have identified the possible negatives of the house in question that may force the owner to lower the asking price. Remain confident and always stand firm with any and all offers.

When you have gained ownership over the property, then the final step to learning how to flip a house is to locate and extend an offer to a potential buyer. Again negotiation is key to the success of the transaction. Highlight the positive aspects of the house and only accept an offer that nets a profit. Follow these steps and you will be flipping house in no time.

IvyBot Review — IvyBot Scam

Ivybot is a new forex trading EA (expert advisor) that is supposed to launch officially on the 28th of July, 2009. When I received the email about the product I decided to see what exactly this software is said to be.

The official websites mentions that the Ivybot is more inclined towards the beginner trader because of it’s simplicity of setup and use. The issue of capital was also touched in the video, where it was mentioned that the software does not require a large account. I found this a bit different since majority of the other forex EA’s I have used in the past have required a start up capital running into thousands of dollars IvyBot Review.

The Ivybot is said to have been developed by a team of Ivy League graduates who have spent a long time observing the forex market, and the result of the extended observation happens to be the coming EA IvyBot Review.

Since the software is just in the pre-release date it is hard to give you any data on life trades from my side yet, except for the tests posted on the official site. But I guess we have all seen those claims before and don’t necessarily base our judgement to buy or not to buy on that. I will be going for the EA myself and will keep my findings recorded on my blog.

The Ivybot is also said to come with a lifetime update for the user as the program will continue to be updated according to market conditions IvyBot Review.

Will keep you posted. Happy Trading

Read a full insiders review here IvyBot review
Read a full insiders review here IvyBot scam
Read a full insiders review here IvyBot