When selling a property, what is the best and fastest way to sell?  There are several for sale by owner websites sellers can use to get their message out.  Every property will sell if it is priced right and buyers know about it.  I think that is without question, but what is best to get the word out?

Online real estate tours are becoming popular.  Realty Thoughts has done a review of three real estate video services that can make an impact in 2007.  Currently many individuals and real estate professionals are using YouTube.

Real Estate Agents have found very effective ways to sell real estate.  They are the professionals.  Since success leaves clues, I would suggest real estate investors attempting to sell their own properties in ways that mimic what has been successful for agents.  Listing the property with the MLS, holding open houses, networking with other agents and sharing commissions.

The technics that agents use can be modified in one form or another to work for investors too.  There are flat rate brokers who will list the property in the MLS on your behalf, you can hold open houses, you can network with agents and other investors to find buyers.

Here are a couple of tips that have worked for me:

1. Post your property for sale on eBay.  There are many buyers that have first been exposed to properties on eBay.  One can get exposure for their property to potential buyers from around the world.  Ebay Real Estate.

2. Yahoo Real Estate Groups are an effective way to network with other investors and find buyers. Yahoo Real Estate Groups.

Best of luck in selling your property, and remember, “success leaves clues.”

Popularity: 68% [?]

There is a company selling Virtual Real Estate.  When I think of Virtual Real Estate I think of a domain name that one buys to develop a website or hold to appreciate in value.  A domain name was my concept of Virtual Real Estate until I viewed this video.  Appearently, this company is making a lot of money.  Does this concept have a place along side the real estate market?  There are already Virtual Real Estate Agents…Amazing.

Popularity: 38% [?]

What is the best entity to use when investing in out-of-state
real estate, and what are the different tax implications?

I have noticed that the taxes associated with different entities
will differ. Therefore, you want to research what entity will meet
your tax strategy best. For example, there are franchise tax fees
associated with a LLC and Corporation. Here in California, it is
$800 per year minimum. Therefore, I would need to calculate that
into my property cash flow analysis if I were to use a California
corporation to buy an out-of-state property. I would not need to
do that if I bought it as an individual. On the other hand,  I could
lower that expense by incorporating in the state the property
was located, etc.

In addition, I have noticed that different cities have different
taxes associated with property ownership. I have been in
situations where there were property user taxes that were not
included in the Property Tax. I have an additional one or two local
tax bills associated with property ownership in some cities. Make
sure to ask what are the different taxes associated with property
before purchasing. You will not be surprised when the City sends
you a bill stating that — your potion of the Table and Park Bench
Beautification Project is $84.35. Do your research before you buy.

Taxes I have paid associated with owning property differ greatly
depending on where it is. My job is to calculate that cost prior to
buying in that city. Can I make a profit is the bottom line. I have
not noticed any different in income taxes once I have made the
profit or loss. This is my personal experience.

For personal tax advice, you should consult a CPA or Tax Attorney.

Visit our Real Estate News and Information Website for the latest
Real Estate Investors News and Tips.

Or, visit our Real Estate Investor Forums
Discussion investor strategies and network with other investors.

Popularity: 20% [?]

As a Real Estate Investor, one must explore every avenue to stay ahead of the market.  Have you incorporated Youtube into your Real Estate Investment Stategy?  I like using Youtube on this Real Estate Blog to provide video of concern, and plan to start posting videos to drive interest when selling properties in the future.  The popular current application is virtual tours, yet there are several others.  Can you think of some?  Here an interesting report:

Popularity: 18% [?]

I have used a few rental assistance programs with success.  I have been working with Section Eight, but I would like to look elsewhere for tenants. Section 8 is great, but I want some options. Another rental subsidized program would be great, I like the guaranteed rents.

Does anyone know of any other program that you have work with successfully?  If so, please share them here.

How have you found tenants in general, that has worked for you? Any bright ideas?  As investors, we need this information to get the job done whether the market is strong or weak.

Popularity: 54% [?]