Want to invest in real estate with no financial risk and no money or credit? Wholesaling houses is a popular choice. I personally think wholesaling can be a challenging way to get started, but the fact that you can get started in real estate investing without any barrier of entry makes wholesaling an attractive option. If you can get good at this side of the business, you will be success with anything you want to do. The reason I say that is finding deals is what makes a wholesaler successful. If you can get good at finding deals, you have unlimited potential.

Once you find a deal, you need to understand how to sell it to make your profit. Here are four ways you can structure your wholesale properties.

Contract Assignment: This is the easiest, but comes with some risks if not done correctly. It is also somewhat restrictive as bank owned properties will prevent this. This works well when you negotiate your deals directly with the seller. The way this works is you will get a house under contract and then you will assign your rights in the contract to another buyer for a fee. That new buyer will take on the rights and responsibilities in the contract and will close in your place. It is best to get your fee paid up front, but it is very common to get your fee when your buyer buys the house. Here are a few things to keep in mind when assigning contracts.

Be sure that you always disclose to your seller that you are or may assign the agreement to another buyer for a fee. I suggest you actually put this in the contract. Sellers should be OK with this if you are transparent that you are an investor who buys houses for a profit before you start to negotiate.

I would get money from your money that is at least enough to cover any earnest money you put up with your seller. That way if your buyer defaults on the agreement you at least cover your costs. Always try to get the entire fee paid when you assign the contract.

I like this way the best because it is easy to do on your end, it is easy for the buyer and the buyer’s lender, and it is the cheapest way to go.

Double Close: This just means that you actually buy the house and then resell it. There are several ways to do this, but the most common is to buy and sell in the same day or within a day. Typically, you will need to bring in financing to get your closing done with the seller, which is why this is my least preferred method to wholesale. Also, because you have two closings you will have two sets of closing costs, so it is the most expensive way too. With that said, some wholesalers prefer this method because they do not have to disclose to the seller their intent to resell and they can both keep their deal with the seller and their deal with their buyer private. It is believed by some that this is a good way to protect your profits. The information will all become public record at some point, but that is well after the closing.

This is the method you will use by default if you do not do your contract on the front end correctly, so we do see double closing frequently.

Flip the Entity: This has become the most common way to wholesale in my market. Most, if not all, the successful wholesalers will use this strategy. Especially when wholesaling foreclosures where contract assignments are forbidden.

The way this works is the wholesaler will set up a separate entity, like an LLC or a Trust, and put that entity as the buyer of the house to be wholesaled. They will then sell the entity itself for a fee. The benefit with using this strategy is that actual contract on the house does not change. Since the buyer of the house is the entity, there are no issues with any regulation or assignment restrictions. The downside is it could be more work because of the extra step to set up the entity, and there could be additional fees to register the entity with the state. The risk for the buyer is whenever you buy a company you are buying all of it. So, if the entity was used in another transaction and owes money to anyone, the new buyer could be on the hook. Knowing this, the best way to do this transaction is with a brand-new entity used for this one purpose.

Relationship Close: I don’t know if there is an actual name for this method. In fact, it is rarely seen. What I mean by relationship close is that you have such a strong relationship with a buyer that you write offers in the buyer’s name. For this to work, you should be a licensed agent and preview houses for your buyer. You would need to understand their criteria and only offer on houses they will want to buy. I have a client that works this way. He has an agent write his offers and the agent/wholesaler gets paid a commission with each successful closing. They do 2 to 3 deals a month with this strategy. My client just signs contracts without looking at them at this point and trusts what the wholesaler is putting together solid offers. There is always an inspection clause protecting the buyer and the agent, but more than 9 out of 10 houses that go under contract close. That is because the agent/wholesaler knows the business and knows what this buyer will buy.

Maple– There is tight and evergreen hardwood ideal for painting. Colors that are recommended are mid-tone and light. For absorbing darker stains, blotchy appearance is sign of this material.

Oak– They is wide-grained that gives a rustic and attractive look. They are resilient, sturdy, stylized and highly distinctive.

While taking construction services, some of the checklists of wooden cabinet installation must be dealing with the right contractor. A contractor always does these following things:

• Level the handles and align them.
• Ensure that wood cabinets are leveled.
• It is necessary to check that every part has secured wall studs.
• For finishing touches, install crown molding and toe-kicks.
• Cabinet shelves must be locked so that they can be prevented from moving.
• Use secure cabinets.
• Adjust the hinges of cabinet door correctly line up with frames.
• Design workable, practical and aesthetically pleasing design.

Here are a few ways to do cheap fixes for your home in the most affordable way.

1. Insulation
Fixing your insulation could save you at least 50% of your energy bills. All you need to do is use rubber tubing, fiberglass and cellulose on the spaces between doors, windows and other openings. Using double-glazed windows is also useful for repelling outside temperature. You could lower the value on your thermostat now.

2. Energy Saving Appliances
These expensive appliances could save you more in terms of energy expenses. A great bonus with energy saving appliances is added features. For air conditioners, for example, you could set the time it would activate and it would turn itself off. For washing machines, it would optimize the energy it uses for cleaning clothes as well as the water needed for washing.

3. Fixing Holes in the Basement
Your home’s foundation could give in due to moist and the natural wear-and-tear of materials. If the foundation-form rod holes are becoming exposed, you might need some cement to patch the holes. Bricklayer mortar or cement and sand should do the trick for such holes. However, you will need to find some personal cement laying equipment.

4. Tile Laying
Laying tiles isn’t easy. Builders make sure the floor is even, the tiles are cut and evenly spaced, and they are laid down carefully or else they could be broken. Tile mastic serve as the strongest adhesive for tile laying projects. They are affordable in most hardware stores too.

5. The Magic That is WD-40
Squeaky windows and doors? A solution spray called WD-40 could work wonders by lubricating the hinges of these annoying home pests. Any household should have a can of this at the ready for any lubricating needs.

6. Talcum Powder
Too-shiny floors are great to look at but annoying to hear. Squeaky floors, a negative side-effect of ultra-house cleaning, are no match to talcum powder. It makes the floor cleaner and less slippery too.

7. Wallpaper Unfurling
Awesome wallpapers having their adhesive grip loose? Don’t fret. Using a knife, spread wallpaper paste on a clean sheet of paper. Attach the paper against the loose area of the wallpaper. Press the wallpaper and writing paper sandwich against the wall and voila! You have a fixed wallpaper!

8. Cleaning an Old Chandelier
Majestic chandeliers could return to their glorious years with good dusting. Unplug your chandelier, wear white cotton gloves damp with glass cleaner. Wipe the chandelier clean and then use another pair of dry gloves to rub the chandelier clean of dust.

9. Sliding Window Problems
WD40 won’t do well for sliding window problems, but a bit of silicone spray lubricant would do great for the skids. Spray the lubricant on a rag then wipe it along the sliding tracks of the windows. Silicone lubricants work well with wood, metal or plastic, so you won’t have to worry about anything.

10. Stubborn Bathroom Decals
Sometimes, debris leave a mark on your house. The WD40 lubricant could help here. By spraying the areas with WD40, you could then use a credit card to scrape the debris away from your bathroom tiles and even your bathtub. Rinse the entire thing with dishwashing soap and you’re done.

11. Clever Light Bulb Removal Trick
Using duct tape, you could instantly remove any hard-to-reach and hard-to-unscrew light bulb. Procure a one foot length of electric tape into the middle of the light bulb. Then, by folding the tape in half, stick it onto itself. Then grip each end between your thumb and index finger then you could instantly loosen up the light bulb.

House siding does not only protect the home from different elements, but it can also dramatically boost the appearance of your home. To get the best results when installing, repairing or replacing siding, you should factor in weather and climate in your locality because they are factors that can negatively affect the value of the home. Durability, maintenance, energy efficiency, affordability and aesthetics are the other very important factors you should consider when choosing siding for your home. Water resistant materials will of course translate to longer life spans and reduce replacement needs so have this in mind too when choosing the perfect siding material for your home.

1. Wood

Wood siding gives you the flexibility of choosing wood grade and species for your desired finished look. Grades that are more expensive with few defects and knots will give your home that natural beauty that shows through clear stain or a stain that is semi-transparent. If you wish to paint opaque stain, then less expensive grades will be just as good. Wood siding is easy to cut and shape and installation is also easy to do. The aesthetics of wood are superior and with proper maintenance you will enjoy years of service. It is however one of the most expensive siding materials you can choose for your home and you will need to repaint or re-stain every few years.

2. Fiber-cement

This is siding made from a mix of cement and wood fibers, sand and clay. It is a material that is gaining popularity among consumers because of the rugged durability, weather resistance and low maintenance. The liquid mixture makes it easy for the siding to be molded in such a way that it resembles painted wood, masonry or stucco. This material is fire resistant, rot free and termite proof. After installation of pre-finished fiber cement you will not need to paint, but you still can paint when you feel a need to change the colors. It is resistant to thermal contraction and expansion, so it holds up caulk and paint pretty well. It is, however a heavy material and specialty tools and techniques are required for best results.

3. Vinyl

New homes are now sporting this type of siding because it is durable, tough and it also comes in a wide range of colors and styles to match individual preferences. The color permeates through and does not reveal scratches or nicks. The standards today ensure this type of siding maintains shape even in extreme temperatures, retains color and resists high winds. The major advantages of vinyl include being lightweight hence installations are speedy and the fact that it is a material that can be retrofitted over the existing siding. Vinyl also comes with little maintenance, but with standard panels you could end up having visible seams that are not very attractive. You can however choose panels that are extra-long to eliminate the seams and have a beautiful smooth finish.

Fall and Winter is the time of year for the harshest weather in many areas of the country. It’s important to take the time to prepare for any emergency possibility. Here are some tips to help you keep your home and family safe through the Fall and Winter months of the year.

Thing to Check

When it gets cold outside, most of us will light up the fireplace or turn up the heat. No matter the method of heating you use in your home, it’s critical to check each method for safety before and during usage. For example, your fireplace should be checked and cleaned once per year especially if you use it often. It’s usually best to leave fireplace cleaning, or as many services are called, “chimney sweeps” as it can be a dangerous and dirty job. If you have a furnace, it’s important to do a comprehensive check on the furnace if you haven’t used it in a while. Same if you use baseboard heaters or other types of heating appliances. You should also make sure to clean all vents, replace all filters and make sure nothing is in front of, on top of or near any heating elements.

Something else that is critical to check is your smoke detector or smoke alarm. You should be checking the batteries on these once a month. Make sure to press the button on the detector to test the sound. You might also want to test the alarm by lighting a match underneath it to see if the alarm goes off and how quickly. Also, you should always use new, fresh batteries in your smoke detectors.

If you live in an area where it regularly or often gets below freezing during the winter months, it’s critical to take steps to make sure that your pipes don’t freeze. For any pipes that are exposed to the weather, such as outside your home, you can purchase foam or insulation that will wrap around those pipes to protect them from freezing. However, the best way to keep your pipes from freezing is to simply keep your water running, it just needs to be a slow drip or tiny stream of water to keep the water from freezing.

Emergency Preparation

The colder months are also the time when storms and weather make it more likely that the electricity will go out. Prepare for this by having some essential emergency supplies handy. Things like an emergency supply of food and water, extra blankets, a portable battery powered radio and battery powered LED flashlights.