It's Our Birthday ! HomeRun Homes Celebrates 9 Years of Rent to Own Homes

Hi Folks,
   I hope your week has been kind to you, or at least so far.

   OK, I'm happy and I want to share this with you...
   It's Our Birthday !

   We are celebrating 9 years of Rent to Own Homes this month.

   We are about to break the news, but here is your exclusive look at our Press Release hitting the wires this week:

For Immediate Release:
HomeRun Homes
(631) 678-5298
(631) 574-2420
http://www.lease2buy.com

Rent to Own Homes Mega-Site Celebrates Their 9th Anniversary

Ronkonkoma, New York, July 20, 2011 - HomeRun Homes (www.Lease2Buy.com) is proudly celebrating their 9th anniversary, and is announcing substantial strides toward their goal of bringing the Rent to Own Option into the mainstream of Real Estate Transactions.

Bringing Rent to Own Into The Mainstream

It has been a very busy and eventful year for HomeRun Homes. Over the course of the past year, the company has achieved the Government-mandated PCI DSS Web Security Compliance Certification, they were accepted into the prestigious Building Trades Association (BTA), and they announced a Strategic Alliance with business documents mega-site, U.S. Legal Forms. Additionally, the company started donating services to the Wounded Warrior Homes Non-Profit Organization.

Over the first part of this year, the company purchased the HomeRunHomes.com Domain Name to co-exist with their Lease2Buy.com Domain Name. The CEO & Founder of the company, Robert Eisenstein, began offering Public Speaking Appearances, and was quoted as summarizing the previous year as, "gigantic leaps forward in making Rent to Own an option that should always be on the table for both Buyers and Sellers".

Bigger Steps In the Coming Year

Eisenstein and HomeRun Homes are mapping out another powerful year, with some very helpful new projects on their agenda. Some of these projects include; making a mobile-version of the website (for Androids, IPhones, IPads, etc), adding additional payment options for customer convenience, creating a video tutorial series for the website, and creating a page devoted to the listings (Ads) RSS feeds from the website.

The company is also looking to add more countries to cover multiple different emerging markets (South Africa, China, Russia), and they hope to make further alliances with non-profit organizations to assist them in meeting their goals. Eisenstein forecasts that with the further integration of Rent to Own as an option to buy or sell a home, "it could even stoke the fires of recovery in some languishing regional housing markets".

For additional information on the topic, "Rent to Own Homes Mega-Site Celebrates Their 9th Anniversary", please visit http://www.Lease2Buy.com

ABOUT HOMERUN HOMES

Founded in 2002, HomeRun Homes is a Centralized Marketplace which helps people Buy or Sell a Rent to Own Home, a Commercial Property, or to offer Home Services nationwide and globally to the thriving Rent to Own market

- END -

   Summary: 9 years in the books. Lots of people in their new homes as a result of our website, and a lot of people have been able to crawl out from under their hefty mortgages as a result of our website. That's what keeps me going !

   I would love to hear your thoughts, comments, and opinions!


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Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog: http://blogging.lease2buy.com
HomeRun Homes Websites: http://www.lease2buy.com and http://www.homerunhomes.com

TAGS: #renttoown #RealEstate #HousingMarkets #homes #BuildingTrades #PCI #mobile #Android #Iphone #RSS #tutorial #speaking

UPDATED: Right Time to Buy? Top Real Estate Investing Markets

Good Morning,


Happy Friday! With the dreaded humidity taking a swan dive here in New York, it should make for a nice and dry weekend...finally !

As we discussed on Wednesday, we had a ton of requests for us to discuss the hottest markets for Real Estate investments. Keep in mind that these requests were NOT for the hottest housing markets for the standard property buyer, however, for the top Real Estate investing markets.

We warn you - this is a long post - but there is valuable information here !

We have turned to some experts in their given regions, and we have summarized these markets below. However, keep in kind that they are not in any specific order, and we would need to compare apples to apples in order to put them in top to bottom order, which for our purposes here, is outside of the scope of this Blog post. However, some corroborating reasons are given along with each city/region listed below.

Detroit: We had two experts weigh in on the Motor City. Dennis Fassett, a local investor, tells us that, "Nice brick houses in the suburbs with three bedrooms, basements, appliances, garages, and fenced yards can be bought for $40-50,000 or even less in some cases depending on the area. And the properties I have bought like that rent for $1000 per month and up. The ROI is off the charts.". Fassett says that he currently has, "11 houses and 43 apartment units here, and two more deals in process, and I'm looking to buy as much as I can while the market stays depressed."

Drew Sygit of The Lending Edge at First Michigan Bank , concurs, and states that, "Detroit the city is pretty hot. Meeting today with an Australian CPA who's clients all want to buy $30-50k properties they can rent for $900/month. We've got more foreign demand than domestic!"

Memphis: We spoke with Ryan L. Hinricher, a Senior Housing Analyst with Investor Nation, and he said that, "In Memphis an investor who's looking for income property can purchase pristine investment homes at or near median home prices of $115,000, which offer a positive cash flow, or properties as low as $5000 in areas typically higher in crime and lower in income for section 8 rental purposes". Hinricher also reminds us that, "Memphis was recently named one of the 5 best housing markets for 2010 by MSN, Realty Tracs best places to find a foreclosure in 2010, US News and World Reports #1 place for real estate steals in 2010, and Smart Moneys 5 markets expected to fare best in 2010. This is primarily because the transportation industry is one of the first to lead an economic recovery.".

Orlando: Phil Peachey, a Realtor with Regal Real Estate Professionals in Orlando, Florida, says that, "I have apartments at present at $20,000 and 4 bed 3 bath homes with pools near Disney for $100,000. These were 3 times the price a couple of years back.", and that, "Savvy investors are snapping these up in large numbers as they know the market has to come back at some time". I have to concur, as we got our start in the Orlando/Central Florida market, and that seems like a perpetually favored region.

St. Louis: Adam Kruse, a St. Louis Realtor of The Hermann London Group, advises that a lot of the investors are making their own rules on the purchase criteria in that city. Kruse says that, "There are areas of St. Louis where people just don't really buy as primary residence, but they buy them all the time to hold for rental",and says that he has a client who advises him to, "Take the purchase price, subtract off the last 2 zeros, double that number, and I want to be able to get that for rent.", and that they have helped him buy at least 15 places with that criteria. (example: purchase price $35,000, rent amount $700+ per month.)

California: Griff Straw, President of Solidifi, a technology-based appraisal management company, tell us that in California, "Coastal areas continue to offer good opportunities for investors, especially in California, where San Diego has been among the strongest areas in the country. The more remote coastal areas like Oxnard, north of Los Angeles, are less of a sure thing for shorter term appreciation, but may offer potential.

Some Additional Areas that show promise for the Real Estate investor have been identified by Alfred Miller President of Private Lending Solutions, LLC. Miller has, "identified the discount and cash flow properties as well. These are investor friendly markets". The markets he mentioned are Dallas-Fort Worth-Arlington (Texas), Houston (Texas), Tulsa (Oklahoma), San Antonio (Texas), Salt Lake City (Utah), Phoenix (Arizona), Indianapolis-Carmel (Indiana), Denver-Aurora (Colorado), Oklahoma City (Oklahoma), and Charlotte-Gastonia-Concord (North Carolina/South Carolina)

We hope that this list will be of significant help to you. We welcome your comments on any and all of the cities mentioned above.

Have a Great Weekend, and Happy Rent-to-Owning !


UPDATED: Top 5 Blog post for 2010 (For more information, CLICK HERE)

Foreclosure Prevention, Improved Housing Markets, Social Media Blog Updates...

Good Morning to All,

Glad to have you back here with us today ! I don't know how the weather has been where you are, but the humidity has been sky-high here on the East Coast, and it's not even summer (officially) yet, and if this is any indication of how this summer will be, then I'm ready for the Fall !

Today, I wanted to share two interesting pieces that crossed my desk; Once is concerning foreclosures, and the other one is a little more positive, and is regarding some housing markets that are showing improvement.

Let's first begin with the sour apple of the two: "Avoid foreclosure-prevention scams: 3 tips" (Source located at this link). Without regurgitating the entire article, the three tips for whom to avoid are summarized as follows; Those who "Ask for a fee in advance, Tell you they can guarantee foreclosure will stop, and Urge you to stop paying your mortgage and pay them instead".

These are great pieces of advice, but there are a few more that we would like to add, namely, when someone tells you that they are a member of XYZ Corporation, don't just take their word for it...do your due diligence. Investigate the company. Ask for a corporate phone number. Make sure they are for real, since it is your home that is on the line.

One other thing that you want to do is to have them lay out a plan in writing and on their corporate letterhead (for a corporation that you have already done your homework on from our previous tip listed above). Have them put everything in writing and get them to notarize it. If they falter or give you a difficult time with any requests that you may have, a red flag should go up. There are many hunters out there looking for "prey", or people who are in a very bad economic situation and are highly susceptible to any offers, good or bad. Keep your eyes and ears open, and make sure that you don't lose your home and any additional money you have to a scammer.

As for the Housing Markets that are showing improvement (Source located at this link), the top 5 are: Denver, Boston, St.Louis, Pittsburgh, and San Jose, California. Some of the factors that were used in building this list were home prices and bids placed on homes. The complete list of 20 of the improving housing markets is located at this link. Do you live in one of these cities? Have you sold a home in one of these areas, or have you been trying to sell a home or to rent to own a home? Please weigh in on this and let us know what your thoughts are.

We are happy to say that we are now saturating over 50 Social Media Sites with our Blog posts, so if you prefer to read our posts on your favorite site, we are already on most of the major sites. If there is a site that you would like us to update, check with us and if we are not updating it already, we will be glad to add it.

Stick with us. This is going to be an exciting week !
Have a great week, and Happy Rent-to-Owning !!