10 Ways To Find Investment Properties

investment_property  If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor who looks through the MLS listings once and then calls it a day, or the one who uses ten resources?

Here are ten ways below; see what you think:

1. Talk. Let people know you are looking, and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven’t yet listed their property.

2. Use the Internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

3. Drive around looking for, “For Sale By Owner” signs. Owners often don’t want to pay to keep their ads in newspaper every week and don’t keep up with other marketing / sales activities on their own. So you won’t see all properties there.

4. Find abandoned properties. That’s a pretty clear sign that the owner doesn’t want to deal with the property. He or she might be ready to make a great deal.

5. Find old “For Rent” ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if they haven’t yet rented the units out.

6. Talk to bankers and other lenders. They may be able to direct you to real estate agents who can help you and properties getting ready to go into foreclosure.

7. Offer someone a finder’s fee. There are people that always seem to hear about the good deals. Have such people come to you.

8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, this info can be useful. A landlord who just went through the process of evicting tenants is a likely seller.

9. Old FSBO ads. If you call on two-month-old “For sale By Owner” ads, and they haven’t sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!

10. Place an ad in the paper or in online classified ads. “Looking for investment properties to buy,” might be sufficient to generate a few calls.

Learn more & get help finding your own investment property by reaching out to:www.dianabarnum.com today. Hint: share this post with others who could use some help, too!

General Home Maintenance Schedule Series: Hot Water Heaters

Home Water Heaters, The Forgotten Appliance
By Randy Baldwin

waterheater  The water heater is one of those plumbing appliances we have in our home that we never really think of until there’s a problem. As long as it keeps doing its job, giving us plenty of hot water for showers, laundry and the dishes, we figure everything is going fine. If our energy bills go up, we figure it’s the gas or electric companies increasing their prices, not our water heater using more and more energy to heat our water.

In reality, your home’s water heater endures more wear and tear than almost any other plumbing appliance in your home. “How’s that?” you ask. It’s because it’s running all the time. Day and night the metal inside your water heater’s tank soaks in a hot water bath that, unless you filter your home’s water, comes loaded with minerals, sediment and other chemical compounds that accelerate metal corrosion. Chemicals that settle on the interior of the water heater’s tank in a thick coating of slimy mud and rust that reduces your heater’s efficiency and eats away the metal until it catastrophically fails all over your hardwood floors and carpet.

Compared to many other household chores, water heater maintenance is really pretty easy, and yet a surprising number of people don’t know how to do it. By simply flushing the tank of sediment once every 6 months, a homeowner can add years of life to their water heater.
To flush your heater’s hot water tank, you will need:

Eye protection (hot water and/or sand in your eyes is no fun, believe me.)
A pair of pliers
Possibly a screwdriver
A hose
You can use a regular garden hose. However, you may want to consider purchasing a dedicated hose that you can leave attached to the water heater and simply unroll every time you drain it. In addition to saving you the trouble of lugging a hose into your home every six months, this will also reduce the wear on the drain valve’s threads. Most modern heaters have nylon (plastic) spigots for their drain. If your hose has metal threads, repeatedly taking it on and off will eventually strip the plastic threads and you’ll be calling a plumber to come replace them long before you need to replace the unit.

Step 1 – Cut the power to your water heater
Go to your electrical service panel. Locate and turn off the breaker for your hot water heater. If you don’t, your heater will keep running, trying to heat water as you flush it down the drain. Just don’t forget to turn it back on when you’re done.

Step 2 – Locate the water heater’s drain
The drain for your water heater will be near the bottom of the tank and should look like a garden hose spigot.

Step 3 – Attach the hose to the water heater
Be sure to screw the hose all the way on to the drain. The water coming out will be full of sand and rust and it will be under pressure. If the hose comes loose, you’ll have one huge mess to clean up so, if necessary, use pliers to tighten it all the way on the bib. By the same token, don’t over tighten or you’ll be calling your plumber to replace the drain spigot long before you’ll need a new heater.

Step 4 – Stick the hose out the window
…or out the door or in a slop sink. Just be sure that the water you drain out of your heater doesn’t end up creating a mess somewhere else. Remember, you are removing months if not years of sediment and minerals. This is not the kind of stuff you want in your lawn. It will also be coming out of the hose under full pressure, so be sure to anchor it down and take steps to prevent splashing.

Step 5 – Open the drain
To open the drain valve on Whirlpool water heaters, like this one, you’ll need a screwdriver. Other brands may have handles on their valves or require a different tool. Open the drain valve slowly until you’ve got a full flow.

Step 6 – Let it drain
Depending on how long you’ve waited to flush your system, you may need to let your water heater drain for anywhere from five to twenty minutes. The water may be brownish and you will see flakes of scale, sand and little stones made up of mineral deposits. You’ll know you’re done when the water runs clear. If you run out of time before the water is 100% clear, don’t worry. The sediment will resettle at the bottom of the tank and your hot water will be as clean as it was, just come back in a month or two and drain the water heater again.

Step 7 – Close the valve and put away your hose
I figure this step doesn’t need a lot of clarification.

Step 8 – Turn your water heater back on
As I said in the beginning, don’t forget this step, or your shower in the morning will be a lot colder than you’d prefer. While most of the water you drained out of the heater’s tank came straight from the supply line at the bottom, a good portion of the hot water that was in the top of the tank got flushed out too. Depending on the size and type of heater you have, it will probably take an hour or two for the hot water to return to normal temperature.

Regularly Flushing Your Water Heater Can Save You Thousands
Ask ten plumbers how long the average water heater will last and you’ll get ten different answers. Part of the reason for that is water mineral and sediment content is entirely dependent on where you live and how you get your water. (The EPA requires municipalities to provide annual reports to residents. Click here to find the report for your area.) However, the answers will likely fall within a certain range. In a home with no water filtration or softening, and with no regular flushing of sediment, most plumbers would expect a water heater to last between five to seven years.

With regular flushing, most plumbers would agree, you can easily extend the life of a water heater up to eight to twelve years. Add whole house water filtration to the equation, and your water heater could last up to 15 years.
For questions on flushing your water heater, contact the manufacturer or your local plumber.

There’s good reason why Randy Baldwin is known as “The Plumberologist.” With over 20 years in the industry and unmatched skills as a licensed plumber, Randy is as close as anyone could come to holding a doctorate of science in plumbing. Throughout the Northern Virginian Washington DC metropolitan area, there are few if any with Randy’s experience and skill at tackling some of the biggest plumbing issues faced by the region’s home and business owners. Many area plumbers, when faced with a problem they feel is too big to handle, such as a sewer main rupture, will call on Randy and his team at Frugal Rooter. Visit their website at frugalrooter.com.

Article Source: http://EzineArticles.com/?expert=Randy_Baldwin

 

General Home Maintenance Schedule Series: Smoke Detectors

Test your smoke alarms! Source: Apple Valley Fire Protection District

  Smoke Detectors – Your Family May Not Be Properly Protected
By John Pielecka

Local code requirements for smoke detectors vary greatly in different areas of the country, so it would be unrealistic to know each and every one. In many areas the building code only requires one smoke detector per floor usually placed in a hallway.

Only one smoke detector per floor should be considered the bare minimum and is really not sufficient to protect your family in the event of a fire. If a fire would start in a room with the door closed it would take too long for the smoke to reach a smoke detector placed in a hallway and would greatly reduce the amount of time you and your family have to escape. You should have a smoke detector in your hallway but you should have them in many other places also.

The NFPA (National Fire Protection Association) states that for proper smoke detection you should have a smoke detector in each smoke chamber. Simply put a smoke chamber is an area where smoke can accumulate in quantity before it can travel to the next area. Each and every room is a smoke chamber, and if any room has a partial wall coming down from the ceiling that is at least 24 inches, that room has two smoke chambers in it.

Smoke detectors also have an effective range of detection; most are rated to cover a 30′ x 30′ area. If the room is larger than that two detectors will be needed and spaced properly.

The bottom line is that for fast fire detection with the best chance to escape you should have a smoke detector in every room including the attic and basement, but excluding the bathroom and kitchen. You should try to get one as close to the kitchen as possible but it should be in a area not effected by the smoke generated from cooking.

Placing your detectors or optimal detection smoke detectors should be placed on the ceiling as close to the center of the room as possible, and no closer than 12 inches from a wall. If the detector must be placed on a wall the top of the detector should be 6 inches down from the ceiling. On a sloped ceiling they should be 3 feet from the highest point measured horizontally.

Now that you know how many smoke detectors you need and where to place them, what type of smoke detector offers you the best protection? There are two types of detection methods that smoke detectors use.

The ionization type smoke detector responds fastest to burning fires with hot open flame and small or invisible smoke particles, which is why it sounds during cooking. The second type is the photoelectric smoke detector, it responds best to slow burning visible smoke caused by smoldering fires.

Which one do you choose? Since you want to be alerted to invisible smoke and visible smoke you should choose both. In the past it was one or the other or you would have to install two detectors at each location, but today they make combination detectors that have both detection methods, they are the best choice.
It is also important that your smoke detectors be interconnected, this means that if one sounds they all sound. This is critical to wake everyone in the event of a fire.

Following the above smoke detection methods will help ensure that you and your family have the best chance to escape a fire in your home.

John has been in the electrical industry for over 20 years and is currently running http://www.wireityourself.com an online do it yourself home wiring site.

Article Source: http://EzineArticles.com/?expert=John_Pielecka

Open House: Homewood, The McKenzie model 4bdrms, den & more! (Plain City, OH)

$369000 / 4br – 3,000 sq ft – Open House: Homewood, The McKenzie model 4bdrms, den & more! (Plain City, OH)

 3,000 sq ft house available now

Open House – Feb 28, 2015
Open House Invitation:
You are invited to an Open House!
Date: 
Saturday, February 28, 2015 from 5PM – 7 PM!
Location:  
5335 Cooper Lane Plain City, OH 43064    
- – – >>> Across from Lovejoy’s Market IGA in Plain City (about a block from the Der Dutchman Restaurant).
About the Property:
Visit a new build from Homewood, the McKenzie, featuring:

3000 Square Feet 4 Bedrooms / 2.5 Baths / Den / 1st Floor Laundry /  Hardwood Floors $369,000

Looking forward to seeing you there! Have any questions or anything, just give a shout ;)   For more information, reach out to: www.dianabarnum.com/Contact.html

Also, download the MLS info by clicking: 5335 Cooper Lane .
RSVP:  www.signupgenius.com/go/20f084faba722a0fd0-open  
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