Showing posts with label Bank owned houses. Show all posts
Showing posts with label Bank owned houses. Show all posts

Thursday, August 12, 2010

MAKE A BLAST IN MAKING THE BEST REAL ESTATE DEALS - Rehab-Real-Estate

As consumers, we always want to buy stuff that is worth the money.  Most often than not, we engage ourselves to something that is worth our time. Right? So, let me tell you about a product that is not only worth your money but also worth your time. Well, I’m going to talk about Jason Medley’s training in looking for a private money lender.
As someone who is into real estate industry, to take part on that event will shed not just knowledge and skills but definitely enhance your profit in the long run. Why? Given that you have the knowledge and skills gain from this one-of-a-kind product, then it follows that you make the right move and decisions and eventually reap remarkable profits.
Let me give at least two products of Jason Medley which I personally used. Well, until now I refer to it as a guide. Here are the two effective and worth the dime products which I would like to recommend:
Find Private Lenders NOW Home Study Course
This product has given me the unlimited access to trained staff to help answer to all of my questions regarding the Find Private Lenders NOW System. Well, this product, if you have this a bit of tight schedule, is the one for you. If you feel like to continue learning everything at home still, this product is a good buy.
Jason_medley_review
 
4 Week Live Training Calls with Jason Medley 
This product, as it was described by us who have availed it, is a “kick in the pants” that many of the real investors need to assure that we get the adequate guidance for us to execute the learning immediately.
This training will provide real estate investors the know-how to find private lenders so that they can use their funds for their real estate deals.  Have you ever thought that if you had private money (and not hard money), funding your deals would be much easier, and you could close many more deals than ever before? Jason Medley will show exactly how to find private lenders who have already funded real estate deals and want to fund yours.
However, you may find the following products focusing on the same stuff when it comes to the content as all of them are pretty much engaged on learning the ways to locate private lenders and the do’s and don’ts if you are to close a deal, which you may ask yourself of this question: What’s the point of availing those products that will just talk about the same thing? Or Isn’t that a waste of money?  Well, I for a time, have asked myself that question BUT then took the risk to avail both the products and found the answer. 
The products may seem to be containing the same information but indeed, they are interrelated that both will give you the boost in closing the deals with your chosen private lenders.
I can really guarantee you that this training will serve as your primary tool in making a big leap in your career in real estate. Become one of us who transcend in making the best real estate deals!
Avail this product/training at its affordable price! I can attest that it’s indeed worth the money and surely worth the time.   

Sunday, July 25, 2010

Tax foreclosures - Higher Profits with Pre Foreclosure Listings

You may bid as often as you dare. Low-ball offers are easy, but seldom produce the highest profit over a year. You would miss too many great deals chasing a few once in a lifetime dreams.

Hector Milla Editor of the "Best Free Foreclosure Listings" website -- http://www.BestFreeForeclosureListings.com -- pointed out;

“…The easiest way to maximize profits buying homes at foreclosure auctions is to use top quality foreclosure listings. The best lists provide sufficient information to form a reasonable opinion about each prospect. They allow you to evaluate thousands of home using basic data, sort by extended supplement information, and even provide proprietary valuations and index ratings. When searching through a list of over a million properties, all help is welcome…”

If profits are your goal rather than a one-time purchase, you cannot afford to rely on simple lists. Look for a list that includes photographs, comparable sales, and all taxes owed. Some lists include court data, including bankruptcy stays, injunctions, disputed titles and many more litigation traps. You will save days spent chasing records, making unproductive calls, and perhaps worst of all, driving to a location only to find a home in battered condition.

Targeting pre-foreclosure auctions eliminates the greatest delay in all real estate deals. You do not need a willing seller. Once the auction is set, it will occur. Occasionally, you may be the only bidder. More often, a few bidders actually compete toward the end. If you are better prepared and properly investigate each property, you can precisely bid up to, but not over your minimum profit requirement. You are not required to be perfect, but you must know when to raise your bid, and when to stop bidding.

“…The best companies provide a full ra

Tax foreclosures
nge of data, features and functionality for about $30 to $50 a month. You could pay more, but be sure to evaluate all extended features and products carefully to insure you are not overpaying. Be sure to take advantage of free trial offers. You will have an opportunity to compare multiple services, free of charge, before selecting your favorite…” added H. Milla.

Further information and resources to get free home foreclosure listings by visiting http://www.BestFreeForeclosureListings.com

Hector Milla runs his corporate website at http://www.OpsRegs.com where you can see all his articles and press releases.

Wednesday, July 14, 2010

Which Foreclosed Homes For Sale Are Right For You?

Buying foreclosed homes for sale is a trade that you should master if you want to acquire only the best properties. Sometimes, a foreclosure may come very cheaply but is not necessarily the right property for you. When choosing home foreclosures, you should take into account both your personal and business goals in order to make the right decision.

Limitless Choices

The subprime mortgage crisis did not hit only the lower middle class but rather, it also managed to affect a large portion of the well-off sectors in the society including the upper middle class. As a result, you can find a lot of good properties in posh, decent neighborhoods that are for sale at rock bottom prices. Finding them is easy but whether one is the best for your investment takes more than a customary glance.

There are many types of foreclosed homes for sale that you will find in the market. There are single family units, multi-unit foreclosures, mobile homes, distressed houses, VA homes, government foreclosures, condos, apartment units and many others. Sifting through thousands of foreclosures every day can be overwhelming and is always a gargantuan task. This is why it is important that you set certain parameters in choosing the right property for you even before you start your search.

For this, you would need to determine what your goals are in purchasing foreclosures. Are you buying for investment purposes, rentals, or for private use? When you ask yourself this question, a lot of other factors will also arise from your answer. For example, if you are buying for investment purposes, what type of market are you going to cater to? If you want to try the rentals business, what type of building can give you the most profit? On the other hand, if you are purchasing for your own use, how big a house do you want to own? All these must be taken in account when you purchase your foreclosure.

The key to finding the right foreclosed homes for sale will greatly depend on your purpose and setting it well ahead of your search can give you direction and focus. In doing so, you will not only save time and money, but will also enable you to grab the best property deals quickly.


Tuesday, July 13, 2010

7 Tips to Creating a Business Plan For Real Estate Professionals

With so many ways to make money in real estate, how are you going to choose to make your money? Investors can make loads of money in residential flips or rehabs or commercial buildings, apartments, self storage, mobile homes, even vacation property. There are even different ways to profit in each of these asset classes, it just depends on how you wish to exit. But what happens when you have only one exit and it fails? For starters, here is a list of different exit strategies.
1. Flip

2. Rent and Flip

3. Rent and Hold

4. Lease Option

5. Wholesale

6. Refinance

7. Sell the entity that holds title to the property
So which one do you choose? Many investors do not wish to use any of their own money or take any risk and they wholesale deals. Others flip or rent and hold for positive cash flow even lease option or refinance. But what if you run into an unpleasant surprise or your exit strategy does not work? Here is just a short list of items that could ruin your exit strategy.
1. Tenant issues – a bad tenant trashes the place and does not pay rent

2. Cannot flip – demand does not exist, or escrow falls out because the buyer cannot close, lender backs out of the loan, etc

3. Unexpected maintenance – surprises and maintenance can add up and cancel out profits

4. Poor property management – vacancy, bad tenants and poor operations can diminish value and hurt cash flow

5. Depreciation – the value of a market is out of your control, recently dropped in half in some areas
These are just a few reasons why savvy investors avoid losing money on deals by having multiple exit strategies. If you are unsuccessful flipping a property you may be able to rent, lease option and even get a lower payment or take cash out with a refinance. Or if you cannot find good property management or good tenants then you can flip the property. Multiple exit strategies give investors backup plans if your 1st exit is unsuccessful. Most investors that have done enough deals have run into surprises or exit strategies that did not go as planned. Avoiding loses is crucial, you may ruin credit, ruin good relationships with investors and integral parts of your team, even end up bankrupt. Avoiding the valleys will also allow your portfolio to grow more over time. Simply put, multiple exit strategies will lower risk, not to mention, let you sleep at night. My advice, always have multiple exit strategies.

Monday, July 12, 2010

How to make money Buying Selling Real Estate that is REO (Real Estate Owned) : auctions.org

Buying property in a foreclosure auction – made popular by the media and tons of TV ads – is very challenging for a first time buyer. Property bought in foreclosure auction has several disadvantages,
Buyer must provide a cashier’s check for the full amount. In some states you have 30 days to pay – not a lot of time to find a lender and secure a loan.
You buy the property AS IS.
May have to evict the owner – NO the lender is not required to evict prior to the auction!
Buyer can NOT negotiate on rehab costs, interest, closing points and loan amount.
Lenders often set the initial bid too high in order to recover costs and loans.
You may end of paying too much in an auction due to aggressive bidding.
So REOs are property that went into foreclosure auction, did not find a buyer and is now back in the hands of the lender. Why purchase REOs?

Lender’s want a quick sale (these properties have generated NO income for 9-12 months as a result of the foreclosure process)
Possible savings of 20%-30% over market value
Good for 1st time homeowners and new investors
All Liens and back taxes are removed
Property is available free and clear of liens, ready for immediate possession
You can negotiate rehab costs, interest, closing costs
Smaller down payment and almost 100% risk free.
In the current market condition lenders have large department specializing in REOs. How do you access them, which websites (free access) specializes on REO.

To find out more and pick up tons of information on Foreclosure investing, how, where, when, private financiers you can work with in all 50 states go to,
www.foreclosurehelpjaima.com

Sunday, July 11, 2010

Flipping Houses - Courant.com

Is now a good time to buy investment properties for flipping?

Opinions vary widely. Real estate agents say buy-and-hold is a smarter strategy, but some flippers say there are great deals to be had with so many short sales and foreclosures on the market.

In the past three years, Phil Zimbardi has bought seven properties in New Haven County and successfully rehabbed and sold them at a profit.


[Sample Our Free Connecticut Business Midday Newsletter]

"The key is to be in and out in four or five months," said Zimbardi, who runs the rehabhousesinct.com website and is a real estate agent specializing in foreclosures. "It's a full-time job with a good income."

For example, Zimbardi might buy a wreck of a 1,200-square-foot home in East Haven for about $100,000. He'd spend about $40,000 to renovate, including a new roof, kitchen, bath, furnace, light landscaping, siding, paint, carpet, windows and doors. Zimbardi typically hires a contractor to do all repairs, then puts the house on the market at slightly less than the comparable houses on the street, for instance about $200,000. After other costs are subtracted, he would earn about $33,000 in profit. (See the formula below).

Zimbardi is not generally a cash buyer but instead relies on loans from so-called hard-money lenders. He borrows the money for a relatively short time at a higher interest rate: 12 percent, with 3 points. He still manages to make money because he gets the properties renovated quickly and sold in two to three weeks.

Zimbardi chooses the properties by adhering to a strict formula that is a good guideline for anyone considering flipping:

The "after-repair value" of the house multiplied by 70 percent, minus the repair costs and carrying costs, such as the interest on the loan, utilities while the house is being worked on, closings and fee to the real estate agents.

The trick is correctly predicting what the buyer will pay for the house; no fun for the faint of heart.

"You really gotta know your stuff," Zimbardi said. "If you can buy the house at the formula price, you'll do OK. If you don't estimate the repair costs properly, you could get in over your head."

Falling Through The Kitchen Floor

Serial flipper Alan Abrahamsson of Killingworth takes a different approach. He chooses higher-priced properties in prime locations and does most of the carpentry, painting and renovating himself. Any house he and his wife buy to live in, they renovate with an eye toward flipping.

In 2004, Abrahamsson bought a charming 2,000-square-foot, two-bedroom, 1 1/2-bath investment property on North Street in Guilford for $235,000 cash, a few blocks from the town green.

"It was an old house that nobody wanted," Abrahamsson recalled. "About 80 people in two weeks looked at the house and walked away from it. I actually fell through the kitchen floor into the basement when I was renovating. I could have killed myself."

He worked on the house for a year, a complete gut renovation that also included a new driveway, septic system and asbestos remediation.

When it was finished in 2005, the house sold for $425,000, netting Abrahamsson $70,000.

"It's a lot of fun and a great way to be your own boss," he said. "The new owners did not have to do one thing to the place."

In 2006, Abrahamsson and his wife, Fay, bought a 3,700-square-foot four-bedroom, 3 1/2-bathroom home with a pool and extensive grounds for $490,000, intending to live there during the renovation and flip it. The original business plan called for a $120,000 renovation budget and putting it back on the market for $750,000.

Unfortunately, the house flooded and the real estate market turned down, so the Abrahamssons decided to hang on until the market improves. In the meantime, Alan Abrahamsson opened a renovation business, Design Enterprises, to fix up other people's homes.

Despite the potential pitfalls, the Abrahamssons remain optimistic. Eventually, they would like to downsize to a smaller home and do a flip on the side.

More Stringent Loan Terms

New Haven real estate agent Mary Jane Burt of The Pearce Co. has noticed "a lot of out-of-towners are looking at New Haven for opportunities to get in on the cheap," though they tend to rent the properties more than they do buy them to flip. Those who invest are buying properties at the low end of the market — $150,000 to $200,000 — if they have access to capital. The expiration of the $8,000 tax credit for first-time homebuyers has contributed to the overall real estate slowdown, Burt said.

Bank loans for investment properties are still possible, but the terms of the loan would be more stringent than for an owner-occupied property, said Edward Steadham, a spokesman for Webster Bank. For example, if an investor with excellent credit wanted to buy an investment property, he or she would pay 2 or 3 points more on the loan than a similar property he or she planned to live in.

On the shoreline, there are very few flips, due to the lack of inventory of lower-priced homes and difficulty getting traditional bank financing, said Karen Stephens, owner of Page-Taft Real Estate. There are bargains, to be sure, but only for cash buyers or those with partners who will stake them some money.

"You will not see crazy appreciation in property values," Stephens said. "We can expect 3 to 5 percent a year, so it's not a great time to flip. The smart investor these days is buying property and holding on to it. It's a timeless way to invest your money."

Buy Foreclosure Homes For Sale and Make Money!

Foreclosures – the word that can strike panic in the heart of a home owner. Unfortunately, the housing market is going through a very painful adjustment. The number of foreclosure filings reported in the U.S. last month more than doubled when compared to August 2006. This represents a 36 percent from July 2007 to August 2007. The sad news is there is beginning of a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing slump. It is as if there is no end in site.
There was a total of 243,947 foreclosure listings reported in August 2007 which is up 115% from 113,300 in the same month a year ago according to Irvine, Calif.-based RealtyTrac Inc. All of us know someone who has been affected by the lost of their home through foreclosure. It doesn’t appear that anyone is immune to the possibility of foreclosure.
There is a silver lining because of all the foreclosures on the market. Today’s market also provides some excellent money making opportunities for people who buy and sell foreclosure homes. Where does one go to find information on foreclosed homes? There are several websites that provide the consumer and realtors an opportunity to review their homes in foreclosure list. Some of the services are free but others require a monthly subscription. The point is the information is available. As with any business you need to do your research.
Buying foreclosure properties requires some knowledge of the process but once learned, the profits to be earned from foreclosed houses can be significant. Buying homes in foreclosure training is readily available on the web. These courses will also teach you about pre-foreclosure homes and how to approach the mortgage company to buy short sell. Buying that first foreclosed home may be somewhat intimidating but remember to take it slow so you understand the entire process as it moves forward.
Starting a foreclosure business is not as hard as you think. Our step by step guide will provide you with the necessary information and foreclosure training to start your own business to buy foreclosures and turn them around for a profit. Unfortunately, the market for foreclosed homes is large and growing. This provides the opportunity for the person to help people out as well as make money.
There are homeowners guide to foreclosure available that will provide the homeowner with the necessary information to stop foreclosure. You can learn how to negotiate with the mortgage company regarding short sell of your home. Read about pre-foreclosure and what takes place during this and how to prevent it. Maybe this information is what you need to help you during your time of need.
The web is loaded with information regarding foreclosure but remember, to verify the information. Needless to say, some of it may not be correct. You will be able to profit from pre-foreclosures as well as even finding a home for yourself from ourforeclosure listing. If you are a homeowner, then you will find information to help take a bad situation and turn it into something good. This may be the time to own your own foreclosure business.

Saturday, July 10, 2010

Making Money in Real Estate - Distressed Multi-Units

Distressed Multi Units - Suddenly what was once a play that made no sense because of over priced properties relative to Rent Roles are now not only back to reality, but are great investments.

A great deal out there are short sale and bank owned multi units. Many urban areas across the country are experiencing serious blight on the community because of vacant buildings. An empty apartment complex can be a hazard as well as an opportunity for the savvy investor. 

In Lewiston, Maine a former bank owned
 4 unit apartment building recently went on the market for a paltry $39,000. What was once valued heavily over $100,000 only 2 years ago, is now being given away at the price of a brand new Hummer. Given that the property is in a decent area with similar units getting roughly $500-600 per month in rent, it doesn't take a math genius to see the positive cash flow. 

What's a capitalization rate? In a nutshell, it's Real Estate lingo for a Rate of Return. Take the Gross Annual Rental Income from the property. If said property receives $500 per unit, that equates to $2000 per month in rental income and $24,000 per year. If the initial investment is $40,000 that would give the investor a Capitalization Rate of 48%! 

What other investments are giving out 48% Rates of Return, while providing the security of a tangible asset as well as tax write-offs? Like all investments there is inherent amounts of risk, like being a landlord to multiple tenants, dealing with periods of vacancy as well as property destruction. But if you're ready to be a landlord, find some bank owned and short sale Multi-units. Its all about the #'s!

Marty Macisso is a Maine licensed Realtor, specializing in Short Sales and Bank Owned properties for investors and sellers. View his site www.MartymyRealtor.com for opportunities in the Maine real estate market.

Sunday, June 27, 2010

Making Real Estate Money-Great Ideas for Finding Pre-Foreclosures and REOs

These are the tools and techniques I've used successfully when looking for pre-foreclosure and REO properties. I hope other investors find them as useful as I have.
Pre-foreclosures
The availability of pre-foreclosures depends largely upon the type of debt instrument recorded against property titles in each state, mortgages or deeds of trust (also called trust deeds or TDs).

TDs contain a "power of sale" clause that basically allows lenders to exercise their right to repossess collateral (in this case, real estate) for a loan in default WITHOUT having to file a lawsuit; mortgages do not.

Generally speaking, we prefer mortgages because TD foreclosures move too quickly (whereas lawsuits are slow and cumbersome) and provide limited visibility (mortgages have more public records associated with them, therefore they're easier for us to find).

To make it confusing, some states require lawsuits for ANY foreclosure, regardless of the debt instrument recorded; that's okay- -it's the suit itself that gives us time to be able to work with the property owner, so those statutes actually work in our favor.

You'll probably want to do some due diligence just to make sure you're not wasting your time trying to go down an avenue that turns out to be a dead end.

To find out if pre-foreclosure is an option for you, call the County Recorder (or Recorder of Deeds) and ask them what type of debt instrument is recorded against a property's title when someone takes out a loan to make a real estate purchase.

If the answer is "a mortgage," you're on your way; if the answer is "a deed of trust" or if you don't get a clear answer, you'll need to do some additional research into state laws to find out what the foreclosure process is.

Try looking for statute, code, administrative law, etc. in Primary Materials under the "U.S. State Resources" section ofwww.findlaw.com. (Excellent material, and all FREE).
Finding properties in pre-foreclosure
Here are three ways to find properties in pre-foreclosure:

1. Try contacting your local county court. Ask if Notices of Default (NODs) have to be recorded as court documents. If the answer is "yes," find out how you can search the new filings; if the answer is "no," try one of the other options below.

2. Find out if the County Recorder has data available online.An easy resource to use is www.netronline.com. Simply click on "Property Data Online," select the state you want, then click on the county, and voila! You'll be able to see what (if any) info is available over the Internet through the various real estate-related offices in that county.

This is my preferred method because the county I live in makes title abstract data available on the web. Plus I can do what's called a KOI (Kind of Instrument) Search and look specifically for NODs that were filed on or after a certain date.

I do most of my research this way because it's easy and convenient, it's FREE (I love that word!), and I can also see any other liens or judgments that are be recorded against the property that could adversely affect the deal. If this option isn't available in your county, try option #3.

3. Look in the "legal notice" section of the newspaper. Look for properties that are coming up for sale at public auction (sheriff's sale, trustee sale, whatever), jot down the addresses, the property owners' names, and the tax ID, or at least as much info as you can get from the ad.

Then go to the County Recorder's office to look up those properties, find the NOD on the title, and see who recorded it; you're looking for a title or abstract company that you can work with. They provide you with a list of the NODs they've recorded, and when you close on any of those deals, you use their services for closing ("you scratch my back, I'll scratch yours"). I've also used this approach in the past with great success as well.
Finding REOs
First of all, keep in mind that most lenders list with realtors for a specific reason (cost-effectiveness, driven by several different factors), so we should respect that business decision and not try to work directly with the bank on REO properties until the realtor becomes more of a hindrance than a help (happens more often than not, unfortunately). But try these steps, not in any particular order:

1. Most lenders these days have web sites. They may have a list of their REOs posted along with contact info for the realtor listing the property for them.

Every lender's web site is different, of course, so you'll just need to nose around a bit; sometimes those listings are buried in some obscure corner of the web site. If I'm poking around on some lender's site and can't find what I'm looking for in less than an hour, I try a different approach.

2. Call lenders and ask to speak to someone who handles their foreclosures. (or REOs, or repos, or their real estate portfolio, or whatever they call them). Ask that person for the names of the realtors they use to list foreclosed properties. If he says anything like "Sorry, we don't have any foreclosures," I find it very hard to believe that in this economy they haven't had to foreclose on any of their mortgages.

So it's more likely that I've reached a branch office and those repossessed properties aren't handled locally; they're all sent back to their corporate office to be managed at a central location, or they've been farmed out to an asset management company. Again, ask for the name and phone number of the person at Corporate who handles foreclosures.

3. Pay attention to business signs! Believe it or not, there's a realtor's office on one of the main streets in my town whose marquee says: "FREE FORECLOSURE LISTING, NO OBLIGATION, CALL TODAY" I did, and got another list to start working on and a good contact to boot.

4. Check newspapers Check not only the local dailies, but also the "cheapie papers" like the Thrifty NickelPenny SaverGreen Sheets, etc. for ads posted by realtors with REOs they're trying to sell:

  • Lists of properties that the realtor has: The ad will mention "bank owned," "foreclosure," "free list," etc. and will have a person's name or the name of a realty company and a regular phone number.

    NOTE: I do NOT like ads that are only for government foreclosures (i.e., nothing but FHA, HUD, VA, FNMA-owned properties); I don't know who I'm calling, there's a "free 24/7 recorded message" or a toll-free number with an extension. These are usually subscription services, and more often than not, I find that their data is very limited, out-of-date, and over-priced.

  • Individual foreclosure properties: Look for listings with key words like "bank owned," "foreclosed," "REO," "repo," etc. If that realtor has one foreclosed property, most likely he's got others.
5. Attend the next public auction. Not to buy property, but to make note of what DOESN'T sell. Jot down the addresses, then a couple of weeks later, drive by to see if there's a sign in the yard. That's probably the realtor who's selling the property for the lender. And again, if he's got the one foreclosure, he's most likely got others.

Regarding option #3 for finding pre-foreclosures and ALL of the research options for REOs, these aren't necessarily ongoing processes; they're just groundwork. Once you have those foundations laid and those relationships built, you probably won't have any need to continue to do these things. Always remember: Be polite, but firm, and be persistent. Hope this helps…Best of luck! 

Thursday, June 17, 2010

Making Real Estate Money-REITS

I personally believe that the real estate market has bottomed out, but it may a couple years before prices start to move up. It doesn't necessarily mean that you should go out an buy a rental house, but there are other ways you can invest in real estate.

One of the best ways of speculating on real estate is through the use of Real Estate Investment Trusts, more commonly known as REITs. These investments pass through almost all their income to avoid double taxation, which is what most regular corporations are subject to. The REITs have several advantages over owning real estate directly.

First, REITs are liquid. If you need to get your money out, you can sell it and get your money in two days. Second, you can receive a decent income through dividends. Third, dividends can be received quarterly or even monthly for some REITs, just like rental income checks. Fourth, you don't have to worry about making sure the insurance, property tax, and other expenses are paid. Fifth, you won't get a call at two o'clock in the morning about a leaking toilet. And last but not least, you don't have to deal with evictions.

Although there are hundreds of REITs to choose from, you need to be cautious about which one you choose, especially the debt level. In terms of specialties, you can choose REITs that invest in apartment, commercial, industrial, government building, medical buildings, mortgages, and many other sub-categories.
Zeromoneyinvestment.com has just come up with a list of 15 of the highest yielding Real Estate Investment Trusts, none of which have debt to capital ratios more than 25%. As a matter of fact, three of them are debt free. Yields range from 3.3% to over 20%, but I would recommend avoiding any REITS yielding above 7% as I don't believe those high yields are sustainable.

One example, is National Health Investors Inc. which pays a decent yield of 5.7% and has a debt to capital ratio of only 7.21%. The REIT invests in health care properties, mainly those involved in the long-term care industry. The company has been paid quarterly dividends since 1992, The total dividend payout is $63.64 million on an operating income of $72.96 million. The company showed an earnings growth for the latest quarter of 5.9%.

Another high yield REIT is LTC Properties, Inc. (LTC) which sports a yield of 6.25% and carries a low debt to capital ratio of 7.94%. This is another long-term care real estate investment trust. This is a REIT that pays monthly dividends, and the dividend track record dates back to 1992 also.

Public Storage (PSA) offers a yield of 3.51%, and has a debt to equity ratio of 5.53%. This REIT has a different approach to the REITs described above, as it owns and operates self-storage facilities in the United States and Europe. The company has a long track record, with monthly dividends paid since 1988.

Read more: http://www.articlesnatch.com/Article/Creative-Real-Estate-Investments-----Zero-Money-no-Money-Down/1250320#ixzz0rBNzfXIC
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