Wanda Holmes

This question is kind of like another question where people can't seem to agree on the answer; "Which came first; the chicken or the egg"? Real estate investors all have a different opinion when they are asked whether you should find a deal first or start a buyer's list and then find a deal.  For me, the answer has always been "the deal." If you have a great deal, you can always find a buyer for it.

I had someone email me recently that said they had wanted to begin wholesaling houses for a couple of years, but he just couldn't bring himself to buy that first investment property. He was afraid he wouldn't be able to sell it. This man had spent a number of years learning the business, but had become paralyzed with fear over this prospect of putting a house under contract that he wouldn't be able to sell.

If you are just getting started and you find yourself having the same problem, here are 4 tips for you.

1. Know What a Good Deal Looks Like

This is no doubt the hardest part when you are brand new. You almost always pay too much for your first couple of deals. Before you sign on the dotted line, run your potential deal by someone that is an experienced investor. Marginal deals are hard to sell.  If you have any doubt about the numbers or the area where the house is located, just walk away and find another deal. There's always another one around the corner.

2. Know Where Investors Like to Buy

It won't do you any good to get a house under contract at a great price if it is in an area where investors don't like to buy.  Ask experienced rehabbers and landlords where they like to buy. Be sure to find out what types of properties they like, and the price range they prefer. In general, you will be pretty safe in bread and butter neighborhoods; the kinds of neighborhoods for first time homebuyers.  In my area there is a market for more expensive houses, but there are fewer investors in this group.  Buy houses that would work for either a rehab that would be sold to a retail buyer, or a home that would make a great rental and they will always be in demand.

3. Put an Escape Clause in Your Contract

This is vital especially when you are brand new.  Make the deal subject to inspection or partner approval. This is your safety net. It will make it easier for you make offers with confidence.

4. Begin Immediately to Build Your Buyer's List

There is nothing like having a good buyer's list to call or email when you have a property you want to sell quickly. It is truly a wholesaler's secret weapon.  These folks will be loyal repeat buyers if you always have great deals for them, and if you conduct your business with them in an ethical manner 100% of the time.

Implementing these 4 tips will make it easier to make those first offers and get your first few houses under your belt.
Finding a Buyer for Your Deal

There are a number of ways you can quickly find a buyer for the property you have under contract even if you don't have a buyer's list.

You can take the deal to your local REIA group where you will find a group of people that are looking for their next house.  At my monthly meeting, we have a table set up for vendors and for folks that want to put out fliers about properties they have to sell. This is usually the first place people head after signing in.

You could list the house on Craigslist. I have sold several properties there, but I would rather much sell to someone at my REIA group; they are usually more experienced investors.  But even if they are brand new, they will almost always be educated to some degree if you find them at this meeting. Most investors are more than willing to help them if they can close the deal.

Concentrate on getting a great deal, and you can be sure you will find a buyer.

Author: Sharon Vornholt

Sharon's Website: http://LouisvilleGalsRealEstateBlog.com

(BPT) - The bathroom is your daily sanctuary to retreat to and enjoy a few moments alone. For that reason, it should be serene, stylish and of course, safe. Think that words "safety" and "style" can never go together? Think again. Fortunately, it's easy to incorporate essential bath safety elements that will leave your room feeling more like a resort instead of rehab.

A twist on towel bars

When entering or exiting the bath, many homeowners reach for a towel located on a towel bar just outside the bathtub or shower. While this is a convenient location, unfortunately bathers instinctively grab onto the towel bar to ease in and out of the shower or tub. This can be a serious fall risk, since towel bars are not designed to support a person's weight. Fortunately, Moen has combined the functionality and beauty of a decorative towel bar with the safety benefits of a grab bar with the Moen Home Care Grab Bar with Towel Bar. Available in the most popular finishes to seamlessly integrate with the style of your bath, this unique product is easy to install to ensure a safe - and stylish - addition to the bath.

Safety with shelves

From shampoo to shaving cream, razors to rubber duckies, the bathtub or shower is an area where we store a multitude of items. With this in mind, homeowners are always looking for ways to conquer the clutter. Shelves are an excellent answer - especially when you can combine them with safety and peace of mind. Look for shelves that combine the functionality and style of a shelf with the safety of a grab bar. Some are featured in both corner and straight designs and will help solve your storage woes, while providing extra stability in the shower or bath.

"Grab bars are an important safety element for all ages - in fact, we could all use a little extra assistance in the shower," says Adam Ference, Moen Home Care brand manager. "By incorporating grab bars into common bathroom accessories, we hope to encourage homeowners to make every bath a safe - and stylish - bath."

Serenity with showerheads

When you think of resorts, you may recall the spectacular spa showers. You can dramatically enhance your daily shower experience by simply updating your current showerhead. There are many types, but a combination showerhead, such as the Moen Caldwell Brushed Nickel Slide Bar showerhead, can offer a relaxing retreat while also adding safety features. Combination showerheads feature both a standard showerhead and a handheld showerhead attached to a slide bar, providing users multiple spray options. And, with the added benefit of a handheld shower, users who choose to bathe in a seated position can also easily and safely enjoy the sensational experience.

Luxurious illumination

For the final step to your safety-upgraded bathroom, increase the amount of lighting. Add higher-wattage bulbs in your current lights, nightlights or additional lamps to the room for improved illumination. Another option is adding skylights. Not only will it help reduce bumps and falls, but a well-lit bathroom will also make the space feel more open and spa-like.

Increasing your safety does not mean decreasing the style in your bath. In fact, with these easy, inexpensive and attractive updates, you can quickly raise your level of bath safety, while creating a more enjoyable and stylish bathroom retreat.

For more information on Moen products, visit www.moen.com.

Americans are on the move. The United States Census Bureau estimates that 12.5 percent of Americans - nearly 40 million people - changed residences each of the past two years. While many turned to moving professionals for assistance, some learned the hard way that not all moving companies are created equally. In fact, the Federal Motor Carrier Safety Administration (FMCSA) received nearly 3,000 complaints about moving companies last year alone - a double-digit increase from the prior year.

Some good news arrived in October in the form of a new law that provides additional protection for victims of rogue moving companies that hold belongings hostage in the interest of scamming consumers to pay unexpected fees. The new law gives FMCSA the authority to force the return of consumer belongings in addition to the ability to levy fines of up to $10,000 per day.

Unfortunately, our industry has been plagued by moving 'companies' that advertise unbelievable 'deals' that turn out to be consumer scams, says Jon Sorber, executive vice president of Two Men And A Truck, the nation's largest franchise moving company. The new regulations are a welcome change for those of us committed to operating legitimate moving companies, but they are just a start. Education is really the key to making sure consumers avoid the hassle of a moving scam in the first place.

Sorber suggests consumers ask the following questions before hiring a mover:

1. Can your family, friends and co-workers make a referral? It's likely that you know several people who've hired a moving company in the past year. Why not tap the resources of people you trust to share their experiences?

2. Does your mover have a brick and mortar facility you can visit? Often the "rogue" mover operates from a storage unit or perhaps with no office at all. If you are dealing with a legitimate moving company, they will have an office with trucks, employees, boxes, supplies, etc.

3. Is your mover licensed in your state? The majority of states require a formal license to operate as a mover, and selecting a licensed, insured mover is your best bet in guaranteeing a hassle-free experience.

4. What community or industry associations does the moving company have? Is your mover in good standing with the Better Business Bureau? Are they active members of the local Chamber of Commerce? Choose a mover who is valued and trusted within your community and you'll likely eliminate any concern of questionable practices.

5. Does your mover offer free moving quotes? A legitimate mover is going to provide free estimates of your move before a single item is moved. If they refuse to do so, keep shopping regardless of how good the deal sounds.

Paul Oakley is senior vice president for Government Affairs at the American Moving and Storage Association (AMSA), the moving industry's largest trade association. He and his team began working with Congress to develop the new regulatory provisions. Like Sorber, he believes the new laws provide some measure of safety, but cautions that more work must be done to eliminate dishonest moving practices.

The laws going into effect directly impact policing of the industry, says Oakley, but ultimately we must have safeguards that make entry into the industry more difficult, tougher enforcement against bad actors, and a greater effort needs to be made to educate consumers on how to choose a proper moving company.

Two Men And A Truck offers more questions consumers should ask before hiring a mover at www.twomenandatruck.com/moving-questions. Consumers might also consider AMSA's Before You Move checklist at www.moving.org.

Technologies that
Deck kits enhance outdoor spaces
With the emergence of new deck materials such as solid PVC, homeowners no longer have to waste excessive time or money on deck maintenance. The vast array of rich colors and surface textures, along with stain and scratch resistant materials have made these items a smart choice over wood. Now, there are kits that accessorize these deck options.

If you've ever made a mad dash to retrieve cushions or other items when it rains, then in-deck storage may be in order, according to Mike Gori, deck expert for AZEK Building Products, maker of AZEK Deck. This clever idea provides 17.5 cubic feet of safe, dry storage space that uses the area below the deck. "You don't have to sacrifice living space or ruin your view with unsightly plastic tubs," says Gori. The storage unit's lid sits flush with the deck surface and holds up to 500 pounds. "There are also kits for building benches with planter boxes and custom gates," he says. "It's never been easier to accessorize a new or existing deck."

The caulk cure for energy costs
one of your home's biggest money drains can be energy waste - whether it's warm or cool air leaking out or outside temperatures sneaking in. That is where a bead of quality caulk can be the best bang for your buck. One caulk problem happens when homeowners paint caulk too early, which can cause cracks to form, letting in air and moisture.

"What we came up with is an advanced sealant called ColorCure that actually tells you when the caulk can be painted - it turns from pink to white," says Jason Ringling, director of marketing at Red Devil, Inc. "If you test caulk by touching the wet bead, the finish is ruined." Another good practice is to use new caulk and sealant products that are better for the environment as well as high performance. "It's not only environmentally friendly, but solvent-free and low VOC - and with no plasticizers it won't leach or pick up dirt which is perfect for painted finishes," Ringling says.

Have a great room outdoors.
Shade pergolas can provide the convenience of a great room in the great outdoors for entertaining al fresco. With dignified beauty, pergolas have many style options that create a picture-perfect gathering spot near the garden or pool.

"These versatile, stylish outdoor rooms provide semi-privacy and are ideal for entertaining or relaxing with your family," says Sue Donahue, marketing manager for Walpole Woodworkers a leader in premium outdoor structures.

Another advantage to today's pergola designs is the addition of protective fabric canopies that let the party go on, rain or shine. "Canopies, either operated manually or by remote control, keep furniture and outdoor decor protected at the first sign of inclement weather," she says.

Pergola styles include arched or classic straight tops, and columns are typically square, tapered, or round. A lattice screen can add more privacy and bring color to the area, with climbing plant and vines. Donahue says to look for pergolas in wood or the new wood-alternative solid PVC materials that are low maintenance and long-lasting.

Prepare for wet weather extremes
Extreme weather events can happen in a flash. Even if you're not in an official flood zone, inches of rainfall in a matter of minutes, hurricanes and other freakish weather events can cause flooding. The experts at WAYNE Water Systems advise consumers to look for durable, reliable, worry-free water handling pumps.

"It only takes one water event to cause tens of thousands of dollars in damage, so prevention is the key, starting with a quality sump pump," says vice president of sales Charles Murphy. "Additional layers of protection include battery back-up pumps in case of power outages and water-sensing alarms for early notification.

As homeowner Bill Bellaver of Troy, Mich. reports, his sump pump protected his home for 33 years before taking its last gasp. His friends and neighbors were not so lucky. "Our WAYNE pump has worked well without any issues, while friends with lower quality or no pumps have suffered damage or loss of valuables," he says.

Homeowners can make smarter choices with today's new home solutions. It's a way to reduce hassles, save money, and add convenience to their current lifestyle.