Another sector of commercial real estate to keep a close eye on
are medical practices. For years, the health care industry has been one
of the fastest growing and it will remain so for decades to come. The 75
million plus baby boomers are entering their retirement years and will
require medical services well into their 80s.
Although the medical industry has experienced steady growth for decades,
baby boomers moving into old age means very significant ongoing growth
in this expensive and highly profitable industry. Location is always
important to real estate investors and medical space is no different.
Medical practices are becoming more of a retail style industry with
specialty practices popping up in strip mall style facilities.
Although in more of a retail setting, these private offices tend to
cluster around large hospitals. Before entering this investment niche,
you need to gain a firm understanding of the needs of the medical
community. Naturally, new practices demand state of the art facilities.
While the landlord doesn't provide the expensive medical equipment, the
construction of the building must provide a positive experience for both
the patients and the medical staff. Other specialty needs are floors
capable of handling heavy equipment and lead lined walls for X-ray
rooms.
Parking and traffic control are more important than for a typical office
building or retail space. A large busy medical facility has hundreds of
patients each day requiring more parking space than other types of
office space. Some medical space owners are beginning to offer free
valet services to assist mobility challenged patients that are not able
to navigate large parking areas.
The proper mix of tenants is
another consideration. Doctors, dentists, therapists, and other medical
professionals are in the referral business. Medicine has become highly
specialized and these professionals want to be able to refer patients to
a specialist down the hall as well as have others refer patients to
them.
Much like the apartment sector, most parts of the
country are and will continue to experience medical facility occupancy
rates close to 100 percent well into the future.
Friday, May 31, 2013
Tuesday, May 28, 2013
How to find Real Estate Deals
Dhttp://www.cashflowdepot.com/testimonials.aspxidn't want you to miss out on this in case you've been
out playing and didn't see it...
out playing and didn't see it...
There's less than 6 hours left for my
"Memorial Day Weekend Sale"...
"Memorial Day Weekend Sale"...
This week I told you about our newly updated training on
how to find discounted notes.
how to find discounted notes.
This includes a list of over 10,000 lenders to establish
relationships with so you can buy/flip any cash-flow
streams they're looking to sell.
relationships with so you can buy/flip any cash-flow
streams they're looking to sell.
I've decided to make this training AND the list available for
only $49!
only $49!
You might still see the $77 price but once you click the
"Add To Cart" link you'll see I've set it for you to get it
for just 49 bucks :-)
"Add To Cart" link you'll see I've set it for you to get it
for just 49 bucks :-)
If you compiled this 10,000 list yourself at 5 cents a contact, that
would be $500! That's 10 times more than the amount found here...
would be $500! That's 10 times more than the amount found here...
This sale ends TONIGHT...Monday, May 27th at MIDNIGHT.
The above Training and List goes perfectly with this...
Use the above list to supply discounted notes to this list of 17,000
potential note and house buyers in the United States. This includes
training too and is only $49 :-)
potential note and house buyers in the United States. This includes
training too and is only $49 :-)
If you compiled this 17,000 list yourself at 5 cents a contact,
that would be $850! I actually paid $799.32 to have it created.
that would be $850! I actually paid $799.32 to have it created.
Imagine:
2 lists totaling 27,000 contacts...PLUS TRAINING for less than
a hundred bucks? Now THIS is a "Memorial Day Weekend Sale"
to get excited about!
a hundred bucks? Now THIS is a "Memorial Day Weekend Sale"
to get excited about!
Be safe this weekend and I'll share more with you soon...
Lead/Property Information Sheet
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
_________________________________________________________________________________http://www.flipfreeprofits.com
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
_________________________________________________________________________________http://www.flipfreeprofits.com
Sunday, May 26, 2013
Real Estate Repair List
Repair List
Address
________________________________________________________________
Exterior Completion Date
1.
2.
3.
4.
5.
6
Kitchen
7.
8.
9.
10.
Main Bath
11.
12.
13.
14.
Master Bedroom Bath
15.
16.
17.
18.
Third Bath
19.
20.
21.
Living Room
22.
23.
24.
Other Bedrooms
25.
26.
27.
28.
Other Rooms
29.
30.
31.
32.
Plumbing, Heating, AC, Electrical
33.
34.
35.
36.
Other
37.
38.
39.
40.
All items
listed above will be done in the following order:
Items
_____________________ to be completed by _______________________
Items
_____________________ to be completed by _______________________
Items
_____________________ to be completed by _______________________
______________________________
Buyer
Property Information Sheet
Lead/Property Information Sheet
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
________________________________________________________________________________
Lead/Property Information Sheet
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
__________________________________________________________________________________
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
________________________________________________________________________________
Lead/Property Information Sheet
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
__________________________________________________________________________________
Property Information Form
Lead/Property Information Sheet
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
_________________________________________________________________________________
Date __________________________ Owner’s Name ____________________________
Source __________________________ Day Phone _______________________________
Address _________________________ Evening Phone ____________________________
City, Prov, PC ____________________ Asking Price ___________________________
Area _________________________________ Estimated Value ________________________
Reason For Sale __________________________________________________________________
How did you arrive at your asking price? _______________________________________________
Is the house listed? ________________________________________________________________
Does it need repairs? ________Yes ________No
When do you want to move? ________________________________________________________
Optional: Will you sell the house for what you owe on it? _________Yes _________No
Description:
Bed/Bath: ________ Square Feet: _____________ Lot Size: _____________ Storeys: ________
Construction: Frame_____ Brick_____ Block_____ Stucco_____ Other______________
Central Heat/Air? _____Yes _____No
Garage: 0 1 2 Carport: ____________________ Basement: _______________________
Appliances: Refrigerator _____________ Range ____________ Dishwasher _____________
Is the house Vacant________ Occupied________
Notes:___________________________________________________________________________
_________________________________________________________________________________
Land Contract
http://
This
Agreement made and entered into by and between
__________________________________________ hereinafter called the Vendor and _________________________________________,
hereinafter called hereinafter called the Vendee. Witnesseth: The Vendor, for
himself, his heirs and assigns, does hereby agree to sell to the Vendee, their
heirs and assigns, the following described real estate
_________________________________________
together
with all appurtenances, rights, privileges and easements and all buildings and
fixtures in their present condition located upon said property
1. CONTRACT
PRICE, METHOD OF PAYMENT, INTEREST RATE: In consideration whereof, the Vendee agrees to
purchase the above described property for the sum of ________________________________________
Dollars ($_______________), payable as follows: The sum of
_______________________________ Dollars ($_______________) as down payment at
the time of execution of the within Land Installment Contract, the receipt of
which is here-by acknowledged, leaving a principle balance owed by Vendee of
________________________________ Dollars ($_______________) together with
interest on the unpaid balance payable in consecutive monthly Installments of
________________________________ Dollars ($_______________) beginning on the
_______ day of _______________________ 20__
, and on the___________ day of each and every month thereafter until
said balance and interest is paid in full, or until the _____ day of
___________, 20___ whichever event
occurs first. The interest on the unpaid balance due hereon shall be
___________ ( %) percent per annum
computed monthly, in accordance with a ____ month amortization schedule during
the life of this Contract. Payments
shall be credited first to the interest, and the remainder to the principle or
other sums due Vendor. The total amount of this obligation, both principle and
interest, unpaid after making any such application of payments as herein
receipted shall be the interest bearing principle amount of this obligation
for the next succeeding interest computation period. It any payment is not
received within ________________ (____) days of payment date, there shall be a
late charge of __________________ ( %)
percent assessed. The Vendee may pay the entire purchase price on this contract
without prepayment penalty. The monthly installments shall be payable as
directed by the Vendor herein.
2.
ENCUMBRANCES:
Said real estate is presently subject to a mortgage and the Vendor shall not
place any additional mortgage on the premises without first obtaining the
written permission of the Vendees. In the event the Vendor should become
delinquent in payments on the mortgage, the Vendee may pay the same and credit
said payment to the contract price.
3. EVIDENCE OF
TITLE: The
Vendor shall be required to provide an abstract or guarantee of title,
statement of title, title insurance, or such other evidence of title at
Vendor's expense upon request from the Vendee..
4. RECORDING OF
CONTRACT:
The Vendor shall cause a copy of this contract to be recorded in the Official
Records of _______________________________County Recorder's Office within a
period of twenty (20) days after the execution of this Contract by the parties
hereto.
5. REAL ESTATE
TAXES: Real
estate taxes shall be prorated to the date of the closing using the short term
method of tax proration being those becoming due and payable on
_____________________ 20___. When the real estate taxes become due and payable,
the Vendee shall pay same directly to the ___________________ County Treasurer
and provide proof of payment to the Vendor within 180 days.
6. INSURANCE
AND MAINTENANCE: The Vendee shall keep the premises insured for at least
_______________________________________ thousand
Dollars against fire and extended coverage for the
benefit of both parties, as their interest may appear, and provide a copy of
the said policy to the Vendor or any mortgagee. Vendee shall keep the building
in a good state of repair at the Vendee's expense. At such time as the Vendor
inspects the premises and finds that repairs are necessary Vendor shall request
that these repairs be made within sixty (60) days at the Vendee's expense. The
Vendee has inspected the premises constituting the subject matter of this Land
Installment Contract, and no representations have been made to the Vendee by
the Vendor in regard to the condition of said premises; and it is agreed that
the said premises are being sold to the Vendee as the same now exists and that
the Vendor shall have no obligation to do or furnish anything toward the
improvement of said premises. Vendor shall furnish a clear termite report at
Vendor's expense prior to executing this contract. If the property has live
infestation of wood destroying organisms, Vendor will pay costs of treatment
and repair damages caused by same. If Vendor elects not to do so, Vendee may
elect to waive Vendor's responsibility and proceed, or Vendee may elect not to
proceed with this contract and receive a full refund of all money paid to
Vendor.
7. POSSESSION: The Vendee shall be given
possession of the above described premises at Contract execution and shall
thereafter have and hold the same subject to the provisions for default
hereinafter set forth.
8. DELIVERY OF
DEED: Upon
full payment of this contract, Vendor shall issue a General Warranty deed to
the Vendee, free of all encumbrances except as otherwise set forth.
9. DEFAULT BY
VENDEE: If
an installment payment to be made by the Vendee under the terms of this Land
Contract is not paid by the Vendee when due or within two (2) installments
thereafter, the entire unpaid balance shall become due and collectable at the
election of the Vendor and the Vendor shall be entitled to all the remedies
provided for by the laws of this state and/or to do any other remedies and/or
relief now or hereafter provided for by law to such Vendor; and in the event of
the breach of this contract in any other respect by the Vendee, Vendor shall be
entitled to all relief now or hereinafter provided for by the laws of this
state.
10. GENERAL PROVISIONS: There are no known pending orders issued by any
governmental authority with respect to this property other than those spelled
out in the Land Installment Contract prior to closing date for execution of the
contract. It is agreed that this Land
Installment Contract shall be binding upon each of the parties, their
administrators, executors, legal representatives, heirs and assigns.
IN WITNESS
WHEREOF, the parties have set their hands this day of _____________, 20__.
Witness:______________________________________________ Vendor/Seller:_________________________________________________
Witness:______________________________________________ Vendor/Seller:_________________________________________________
Witness:______________________________________________ Vendee/Buyer:_________________________________________________
Witness:______________________________________________ Vendee/Buyer:_________________________________________________
STATE OF:_______________
COUNTY OF:______________
On this ______day of
_______________, 20____, before me, a Notary Public in and for said county and
state, personally came _______________________
_______________________________________________, Vendors, and
__________________________________________________________________, Vendees,
and acknowledged before me the signing thereof to be their voluntary act and
deed.
WITNESS my official signature and seal on
the day last above mentioned. ___________________________________
Notary
Public
(SEAL) State
of ____________________________
My
Commission Expires: ______________
LICTB
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