ABOUT THE COMPANY
FsboLocal.com is a quickly expanding company which helps people save money by selling and buying real-estate without a realtor.
Our sophisticated and easy-to-use website provides the perfect venue for home sellers to affordably and effectively showcase their property.
Our company is NOT a commission-based real estate brokerage service and is NOT owned or controlled by a real estate broker charging on a percentage commission basis. Customers pay a flat advertisement fee for a set time, with low-cost renewal terms, if they need to extend their ad.
ABOUT THE POSITION
The foundation of our business is the sales associates who work hard to spread the success of our company in their communities. Sales associates are provided the unique opportunity and creative freedom to develop their own communities with our assistance and with minimal restrictions. Many of our sales associates work part-time, while others choose to manage the development of their communities full-time.
FsboLocal sales associates have a wide range of responsibilities which utilize sales, service, marketing, and advertising skills. The primary responsibility of sales associates is to sell website advertising space to local home sellers. Once a sale has been made, sales associates are expected to deliver an FsboLocal yard sign and sign accessories. Sales associates purchase, collect, and deliver the signs themselves; however, some of our more successful sales associates have hired individuals to deliver and pick up signs for them. Finally, sales associates are expected to offer customers assistance in posting their advertisements. Such assistance includes taking pictures of the home and placing the ad on the website.
Sales associates are offered a flexible compensation package designed to provide generous pay for new individuals and to reward successful associates. There are NO FRANCHISE OR START-UP FEES, and new sales associates keep 100% of the gross sales of all real estate advertisements for the first four months. Additional compensation details will be provided to those individuals who inquire.
We are currently looking for hardworking and creative individuals to join our company. If you are interested in this great opportunity, please email Patrick Dunn at pdunn@fsbolocal.com with a) Your Name
b) Your Location
c) How you heard about FsboLocal
d) A phone number at which you may be reached
e) The best time(s) and day(s) to contact you
f) A brief description of yourself.
A resume is not necessary at this stage.
A representative will email you a packet of information (.pdf) which should answer most of your questions regarding the company and the position. Any remaining questions should be emailed to pdunn@fsbolocal.com. If after reading the packet you are still interested in the position, please follow the directions on the last page of the .pdf file.
Saturday, March 8, 2008
Thursday, February 28, 2008
Never Sell Your Rental Property
Well, maybe not never sell your rental property, but hardly ever sell your rental property.
So much work goes into buying rental property, that I would strongly encourage you to really consider another alternative to selling your rental property provided they meet the following minimum criteria.
First, does it have positive cash flow.
Now, my definition of positive cash flow may be slightly different than your definition, so I want to be clear here.
Positive cash flow, as defined by me, is you take your gross rent that you are supposed to collect each month.
You then subtract out 5 to 10% (depending on your current market) for vacancies). This is your net rent.
Then, from your net rent you subtract off property management fees, an estimated monthly budget for maintenance requests, any utilities that you are responsible for, your monthly property and other taxes, your monthly insurance and any other fees like an HOA, lawn care or snow removal.
What remains is your Net Operating Income.
If your mortgage payment (principal and interest) is less than or equal to your Net Operating Income, I consider that to be a break-even or positive cash flow property.
So, if the property has positive cash flow AND the market outlook is acceptable, then I would suggest never selling the property.
But wait! What if I need money? I would suggest that you look just about everywhere else before you look at liquidating your real estate.
The fees for selling real estate are very high. It is not unusual to spend 10% of the value of the house in fees, concessions, fix up, real estate commissions and so on when selling a property.
That's usually much higher than the fees you'd pay borrowing the money from somewhere else, plus you'd lose the rental property asset.
By selling, you no longer get all the benefits of owning that rental property like income from the rent and increases to rent over time.
You also miss out on the tax benefits of depreciation from the house when you sell it.
And if you still have a mortgage on the property, then each month you are paying down on that mortgage with the tenant's rent payment and building up more equity.
Usually the biggest benefit of all is appreciation. House prices tend to go up in value over time. With a $200,000 property appreciating at 5% per year, you'd be losing out on at least $10,000 per year in appreciation by selling.
The last thing to consider is the time it took you to find the property, fix up the property and get a good tenant in the property. If you keep the property you are leveraging that time. If you sell it, you need to start over and find a new property.
So, if you can avoid it, I suggest not selling your rental property.
James Orr is a professional real estate investor and marketing expert.
You can subscribe to his real estate e-newsletter and access audio downloads, articles, marketing materials and educational real estate videos at his [http://jamesorr.com/]Selling Rental Property blog.
Article Source: http://EzineArticles.com/?expert=James_Orr http://EzineArticles.com/?Never-Sell-Your-Rental-Property&id=478106
So much work goes into buying rental property, that I would strongly encourage you to really consider another alternative to selling your rental property provided they meet the following minimum criteria.
First, does it have positive cash flow.
Now, my definition of positive cash flow may be slightly different than your definition, so I want to be clear here.
Positive cash flow, as defined by me, is you take your gross rent that you are supposed to collect each month.
You then subtract out 5 to 10% (depending on your current market) for vacancies). This is your net rent.
Then, from your net rent you subtract off property management fees, an estimated monthly budget for maintenance requests, any utilities that you are responsible for, your monthly property and other taxes, your monthly insurance and any other fees like an HOA, lawn care or snow removal.
What remains is your Net Operating Income.
If your mortgage payment (principal and interest) is less than or equal to your Net Operating Income, I consider that to be a break-even or positive cash flow property.
So, if the property has positive cash flow AND the market outlook is acceptable, then I would suggest never selling the property.
But wait! What if I need money? I would suggest that you look just about everywhere else before you look at liquidating your real estate.
The fees for selling real estate are very high. It is not unusual to spend 10% of the value of the house in fees, concessions, fix up, real estate commissions and so on when selling a property.
That's usually much higher than the fees you'd pay borrowing the money from somewhere else, plus you'd lose the rental property asset.
By selling, you no longer get all the benefits of owning that rental property like income from the rent and increases to rent over time.
You also miss out on the tax benefits of depreciation from the house when you sell it.
And if you still have a mortgage on the property, then each month you are paying down on that mortgage with the tenant's rent payment and building up more equity.
Usually the biggest benefit of all is appreciation. House prices tend to go up in value over time. With a $200,000 property appreciating at 5% per year, you'd be losing out on at least $10,000 per year in appreciation by selling.
The last thing to consider is the time it took you to find the property, fix up the property and get a good tenant in the property. If you keep the property you are leveraging that time. If you sell it, you need to start over and find a new property.
So, if you can avoid it, I suggest not selling your rental property.
James Orr is a professional real estate investor and marketing expert.
You can subscribe to his real estate e-newsletter and access audio downloads, articles, marketing materials and educational real estate videos at his [http://jamesorr.com/]Selling Rental Property blog.
Article Source: http://EzineArticles.com/?expert=James_Orr http://EzineArticles.com/?Never-Sell-Your-Rental-Property&id=478106
Wednesday, February 27, 2008
How does title insurance protect me and my investment?
How does title insurance protect me and my investment?
The insurer is obliged to defend you against the claims of others, regardless of the validity of the claim. Your insurance pays all court costs and related fees, in accordance with the terms of the policy, in addition to any actual loss up to the policy amount.
How much could I lose if a claim is filed against my property?
It all depends upon the claim. At worst you could lose the entire property and still be liable for the balance of your mortgage. Even the smallest claims cost time and money.
The insurer is obliged to defend you against the claims of others, regardless of the validity of the claim. Your insurance pays all court costs and related fees, in accordance with the terms of the policy, in addition to any actual loss up to the policy amount.
How much could I lose if a claim is filed against my property?
It all depends upon the claim. At worst you could lose the entire property and still be liable for the balance of your mortgage. Even the smallest claims cost time and money.
Thursday, February 21, 2008
Free Business Cards
Take control of your home-based business and get better results from your networking efforts with VistaPrint's business cards. With pre-designed templates, you can create a professional, attractive business card online in seconds. No more haggling with a designer! Right now get 250 full-color business cards FREE with this special offer. Click here.
Tuesday, February 19, 2008
Real Estate Investors - Why Use Checklists
Success is about good habits and systems. As real estate investors, checklists help us develop good habits and keep good systems.
In the book The E-Myth Revisited, Michael E Gerber talks about the importance of replacing the reliance of personnel with systems that anyone can follow. It is our goal with checklists to accomplish that. Anyone--yes anyone--should be able to follow the systems and checklists we create and become a successful real estate investor. Your checklists should accomplish the same thing for your business.
We originally had our checklists web based, but recently moved them to a Microsoft Word document. Our checklists and systems in this Word document are all inter-linked so that if you are reading the daily system and it says to put out Post It Notes as a means of advertising or more specifically to use the Post It Note Checklist, you can click on Post It Notes to get more information on Post It Notes and/or click on the Post It Note Checklist for the checklist of exactly step-by-step how to put out Post It Notes.
Our checklists allow us to pass on information learned from experiences we have had and experiences shared with us by our mentors and fellow investors to the people that implement our systems via our checklists.
By insisting that our staff use our checklists (and not just do things from memory), we are insisting that they do each job completely and are using the most up-to-date system possible.
Furthermore, if our staff notices that something is not working, we insist that they give us feedback and help us enhance and improve the systems and checklists in our business.
James Orr is a professional real estate investor and marketing expert.
You can subscribe to his real estate e-newsletter and access audio downloads, articles, marketing materials and educational real estate videos at his http://jamesorr.com/2007/04/19/motivated-seller-house-buying-machine/
Motivated Seller Blog blog.
Article Source: http://EzineArticles.com/?expert=James_Orr http://EzineArticles.com/?Real-Estate-Investors---Why-Use-Checklists&id=541228
In the book The E-Myth Revisited, Michael E Gerber talks about the importance of replacing the reliance of personnel with systems that anyone can follow. It is our goal with checklists to accomplish that. Anyone--yes anyone--should be able to follow the systems and checklists we create and become a successful real estate investor. Your checklists should accomplish the same thing for your business.
We originally had our checklists web based, but recently moved them to a Microsoft Word document. Our checklists and systems in this Word document are all inter-linked so that if you are reading the daily system and it says to put out Post It Notes as a means of advertising or more specifically to use the Post It Note Checklist, you can click on Post It Notes to get more information on Post It Notes and/or click on the Post It Note Checklist for the checklist of exactly step-by-step how to put out Post It Notes.
Our checklists allow us to pass on information learned from experiences we have had and experiences shared with us by our mentors and fellow investors to the people that implement our systems via our checklists.
By insisting that our staff use our checklists (and not just do things from memory), we are insisting that they do each job completely and are using the most up-to-date system possible.
Furthermore, if our staff notices that something is not working, we insist that they give us feedback and help us enhance and improve the systems and checklists in our business.
James Orr is a professional real estate investor and marketing expert.
You can subscribe to his real estate e-newsletter and access audio downloads, articles, marketing materials and educational real estate videos at his http://jamesorr.com/2007/04/19/motivated-seller-house-buying-machine/
Motivated Seller Blog blog.
Article Source: http://EzineArticles.com/?expert=James_Orr http://EzineArticles.com/?Real-Estate-Investors---Why-Use-Checklists&id=541228
Robert Allen's Real Estate Strategies
This is America's original "Nothing Down" with the Real Estate Guru himself, Robert Allen. He will show proven secrets in his FREE 30 DAY TRIAL KIT! You only pay $4.95 in shipping and handling. Click Here
Monday, February 18, 2008
How to Obtain Free or Cheap Advertising - Part 3
So far we have explored the options of press releases and articles in order to obtain good advertising at a good price- Free or Cheap. Now lets take the next step and enter the realm of Media. The two key points to focus on when trying to get radio, television, or newspaper exposure is to make good use of your press kit and resources and to make sure the right person gets the right information. Step one is to define the angle you want to present. Will you offer a “How to” presentation or perhaps address issues that have recently made headlines from an insiders point of view? What key points will you want to cover? And what makes you qualified to speak on them? Once you have solidified your position and backed it up good hard proof, it is time to make some phone calls.
Call your local cable station and ask to speak to the producer or content director. Present the topics you would like to cover. Ask for the names and contact information of anyone who may have an interest in covering those topics, talk show hosts, interviewers, etc. Then send all of them your press kit. The more contacts you make the better chance you have of getting the exposure you want.
For radio exposure, you’ll want to contact the station manager and content director. And again find out who may be willing to cover the topics you have picked out. Another angle to try is preparing ten topics that you consider yourself an expert in. Present those and be prepared to follow up with your press kit and 5 articles that you have written.
Newspapers work much the same way as cable and radio. Contact the content director and editor. Request to be a guest columnist as an expert business professional and be prepared to send them a pre-written column or article. Be sure to have timely information and a headline that will grab their attention.
A few helpful resources to locate these media outlets include Bacon’s Radio/TV/Cable Directory, Broadcasting and Cable Yearbook, Gale Directory of Publications and Broadcast Media, and www.gebbieinc.com.
Call your local cable station and ask to speak to the producer or content director. Present the topics you would like to cover. Ask for the names and contact information of anyone who may have an interest in covering those topics, talk show hosts, interviewers, etc. Then send all of them your press kit. The more contacts you make the better chance you have of getting the exposure you want.
For radio exposure, you’ll want to contact the station manager and content director. And again find out who may be willing to cover the topics you have picked out. Another angle to try is preparing ten topics that you consider yourself an expert in. Present those and be prepared to follow up with your press kit and 5 articles that you have written.
Newspapers work much the same way as cable and radio. Contact the content director and editor. Request to be a guest columnist as an expert business professional and be prepared to send them a pre-written column or article. Be sure to have timely information and a headline that will grab their attention.
A few helpful resources to locate these media outlets include Bacon’s Radio/TV/Cable Directory, Broadcasting and Cable Yearbook, Gale Directory of Publications and Broadcast Media, and www.gebbieinc.com.
Subscribe to:
Posts (Atom)