How The Choice Of A Real Estate Investor Website Affects Your Real Estate Invest

When you get your first real estate investing website, one of the first questions you have to ask yourself is "How can I make this website deliver the best results for me?" When you get your first real estate investing website, one of the first questions you have to ask yourself is "How can I make this website deliver the best results for me?"



There are so many things you can do in real estate investing - buying houses, buying notes, short sales, fixing and flipping, wholesaling. Plus many more. Or you can have a combination of several real estate business models.



The website you get must adapt to your business model and individual needs to achieve maximum profitability. The following business models are popular in real estate investing:



Real estate investing business models



1) Buying Houses

The most common business model is buying houses. Buying houses is most popular among real estate investors. Buying houses forms the basic foundation of most real estate investing businesses.



Buying houses can include buying them in retail, cash or terms.



2) Selling Houses

Most people who buy houses also sell them. Again, you could be selling houses on retail, or on terms such as lease options or rent to own.



3) Wholesaling

Most people call wholesaling "flipping houses". It involves locating distressed properties that usually need repair. The value of these houses is usually greatly discounted. You then sell this house to a real estate investor who does any repair work and sells it or rents it out.



The end result is that you make some money from just a little effort. You can flip houses without owning any of these houses.



The fastest was to generate a healthy cash flow in real estate investing is wholesaling. Sometimes you need just a few hundred dollars to make the deal happen.



4) Renting

This is a popular business model involving buying houses low and putting tenants as rentals for positive cash flow.



5) Buying notes

This is another popular business model. Essentially by owning a note, you become the lender and do not have to own the property.



6) Commercial real estate

This covers a wide variety of approaches, such as apartments, shopping centers, land and so on.



A lot of real estate investors combine both residential and commercial real estate investing. Commercial real estate investing does not involve residential properties less than four units. Unlike residential properties, commercial real estate investing does not involve residential properties lower than four untis.



7) Other business models

When you are investing in real estate, you sometimes find yourself having to be involved in other aspects of the business that are not really separate business models.

i) Private money

Once in a while, you have to seek money to finance the deals for your real estate investing business.



You therefore have to actively seek these private money investors to fill this need.



ii) Short sales

As part of real estate investing, you sometimes find yourself negotiating with lenders to accept less than what is owed on the property. This process is called short sale and forms a part of most real estate investors businesses.



iii) Loan modification

In the recent years this has become quite popular. A lot of real estate investors also happen to be mortgage brokers, or even real estate agents who offer loan modification services on the side.



So what types of websites for real estate investing are there on the market?



First of all, it is important to select a real estate investor website that you can customize and adapt to fit into your business model without breaking the bank. And make sure you do not have to pay for such changes.



In other words, the website you choose must be able to accommodate your changing business needs and models. This means that if your business model changes in future, you do not need to buy a new website.



Interactive real estate investor websites

These websites come equipped with complete customization capability and adaptability to suit any business needs. It takes only a single click of the mouse to change business models.



The websites are also fully customizable to allow them to be fully adaptable to suit any business model.



Interactive real estate investor websites allow the following business models



1) Websites for buying houses

Everything you need to b uy houses comes equipped on these websites. The website presents you to motivated sellers as the most credible person to buy their house.



As a result, you get leads that are fully pre-negotiated and pre-screened for you.



You will then need just a few minutes to decide if it is a deal or not. You can then make offers to motivated sellers directly from your virtual back office and have full control of the closing process directly from your website.



2) Websites for selling houses

These websites are fully equipped with all features you need to sell houses. You simply list your houses from the virtual back office and manage the whole process from there.



It also allows potential buyers to join your buyers list as they view your properties. A buyers list is one of the most important assets when you are selling houses. You can get a buyer just by sending an email brochure to your buyers list.



Of course, social media come integrated on the websites so they can recommend your properties through Facebook, Google Plus, Twitter, etc.



You can also adapt these websites for renting houses, lease to own, and so on.



3) Websites for wholesaling houses

This one comes equipped for the flipper who wholesales houses.

These websites also have buyers lists and social media integrated into them.



4) Websites for seeking private money

This business model can be selected with a single click of the mouse. This automatically changes to a website for attracting private money investors.



5) Websites for buying notes

You can also convert your website for buying notes. It comes fully equipped with this capability.



6) Websites for investing in apartments

You can quickly adapt your website for investing in apartments with just a few clicks.



Should you combine business models in your website?

My first real estate investing teacher had a website that was a one stop shop for everything she did - teaching, buying houses, selling houses, wholesaling, renting, offering hard money and seeking private money investors.



According to her, it worked just fine.



The next guru then used to say we should never mix buying houses, selling houses or seeking private money. These business models must be separate.



Personally, I am strong proponent of never mixing these business models. I once lost a wholesale deal worth over $10,000 because I listed the deal on my website for buying houses. I had given my seller a business card with my website. Since my intention was to wholesale the deal, I listed it on my website and sent it to my buyers list.



I located a buyer, we set up the closing date and my buyer wired the money to the title company. Unfortunately when the motivated seller saw what I was making out of her house, she refused to go to closing. I would not have lost this deal if I had kept the business models separate.



Must you have more than one website for your real estate business?

If you do need to have separate websites for each business model, then you must buy more than one website.



If you can get away with having a one stop shop type of website, then you can have just one website. With Interactive real estate investor websites, you have no limitations on how you can adapt your website. You can accommodate multiple business models if you choose, or have each website for each business model.



The choice for type of website you choose really depends on you and if your business models can conflict with each other if you use one website for them.



Interactive real estate investor websites offer a broad range of choices for different types of websites for real estate investing as well as customization capabilities. Learn how the right web site can affect the success of your real estate investing business, and how to close more deals using less time, money and effort.