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Major Update on REItrainer.com! New WordPress Theme and Resources Available
REIhomesales Investor Theme A lot has been happening at REItrainer.com. A few weeks ago, we added a new section to REItrainer.com to focus on using WordPress for real estate investing. We also updated the site’s look and began offering our free WordPress themes designed just for real estate investors. In the short time since the [...]
Investing in Real Estate Easily with Private Money Lending
In this economy many investors are looking for an alternative to the stock market and it is surprising that so few investors are familiar with private money lending as a way to invest in real estate. Private money lending is a very safe and easy way to get very healthy returns on your investment. It [...]
Real Estate Glossary – A
Abstract of Judgment – A summary of a court judgement filed with the County Recorder. Abstract of Title – A summary of all recorded proceedings and investments that affect a property’s title. Accelerated Cost Recovery System – A tax calculation that provides greater depreciation in the early years of ownership of real estate or personal [...]
Real Estate Glossary – B
Backup Contract – a real estate contract that takes effect in the event that a previous agreement is not fulfilled. Balance – See Principal Balance. Balance Sheet – A financial statement that shows assets, liabilities, and net worth as of a specific date. Balloon Loan – A mortgage loan that requires the remaining principal balance [...]
Real Estate Glossary – C
Call Option -Ă‚ A provision in the mortgage that gives the mortgagee the right to call the mortgage due and payable at the end of a specified period for whatever reason.. Cancellation Clause – A stipulation in a contract that gives one or both parties the right to terminate its obligations if a specific condition [...]
Real Estate Glossary – D
Dealer – A person who holds real property with the primary purpose of selling it to customers. A dealer treats his or her profit from a sale as ordinary income. Debt – An amount owed to another. Debt Coverage Ratio (DCR) – A ratio that is used to underwrite loans for income producing property. To [...]
Real Estate Glossary – F
401(k)/403(b) -An employer-sponsored investment plan that allows individuals to set aside tax-deferred income for retirement or emergency purposes. 401(k) plans are provided by employers that are private corporations. 403(b) plans are provided by employers that are not for profit organizations. 401(k)/403(b) loan -Some administrators of 401(k)/403(b) plans allow for loans against the monies you have [...]
