Five Classic Women’s Styles

Women’s styles and trends change throughout the years, but there are some key outfits which you can easily adapt to incorporate the latest fashion.

Little Black Dress

This is the most common piece of clothing which every females knows is an essential item for their wardrobe. As long as you wear a style and shape which suits you, you really can’t go wrong by wearing your little black dress for most occasions. Team it up with sexy heels for that special night out, or dress it down with leggings and flats for everyday wear. The little black dress is without a doubt, an essential wardrobe purchase.

Shift Dress

The little black dress moves us nicely on to the shift dress. Shift dresses tend to be quite straight in style, but can be nipped in at the waist with a belt, to create curves. Shift dresses come in so many different styles that they can be worn for all sorts of different occasions and will remain flattering for all. The plain black shift dresses are great for wearing at work, and look smart and sophisticated. The latest designs follow the current ladies fashion trends, with styles including bows, lace and print or floral. If you are looking for a dress for the winter, the shift dress is also available in woollen material. Shift dresses can be styled for different occasions with the use of some carefully selected accessories to add some extra style to your look.

Denim

Denim is a style which only seems to be adapted season to season, but never goes out of fashion. You can dress denim up for a night out, or dress it down for every day wear. There are loads of denim designs in vogue at the moment, including jeans of all varieties, such as low slung, skinny, stretch and boyfriend jeans. Jeans are designed in styles to suit all sizes. Badly fitting jeans can be a really bad look so make sure you choose a style which fits, and suits your body shape. Leggings also come in a variety of denim styles, which can be dressed up or down, depending on the occasion.

Crisp White Shirt

A good piece of clothing for your wardrobe is a white shirt. The white shirt comes in many designs, including buttoned high, ruffled and wrap over, and portrays a clean, professional look. It is a great item of clothing for work, but can also be teamed up nicely with a dressy skirt or trousers for a night on the town. Definitely a wardrobe essential.

Empire Line Dress

Another fashion essential is the empire line dress. This dress is a classic, which looks great on all body shapes and sizes. There are several styles of the dress which are plain or patterned. The dress is available in different designs, including tightly fitted for everyday purpose and more loosely fitted for going out. It is a style which has been in fashion for years and looks likely to stay as a wardrobe essential.

Using Social Media to Keep Up With the Latest Women’s Style and Fashion

These days social media plays a huge part in most of our daily lives, shown by the incredible 400 million Facebook and 22 million twitter users, and this number continues to grow. The introduction of these applications on mobile phones means we can now instantly access them at any time and anywhere. People enjoy interacting with each other and getting facts and information quickly through the use of these styles of media.

It is no wonder then, that an increasing number of fashion designers and experts are using social media to project their latest trends and styles to the masses. No longer are fashion enthusiasts having to wait for magazines to be released in order to read about the latest style news, the information is now readily available through the use of social media sites.

Top designers such as Marc Jacobs and Calvin Klein are now using social media as a means of showing live-streams and widgets to an audience, who can not only give their opinions on latest designs, but these designers can now engage in conversations with their captive audience. It is a good way to increase their market and decipher which trends are popular and which styles viewers are interested in. Many use attractive advertising to encourage users to visit their sites, it can greatly increase their coverage, not to mention their profits.

Social media has also helped to catapult Fashion Week to another level, as viewers are now able to instantly view the latest catwalk shows, and keep abreast of the newest trends and designers. Previously, such an event would have seemed out of reach for many of us, but now we are able to gain more knowledge and understanding of the latest trends.

Other fashion dedicated websites such as chictopia have taken women’s style to another level through the use of social media. This particular site allows users to upload and share photos of themselves, so you can get some inspiration from ladies with the same body shape and similar style. It also has a forum where the fashion community can come together and share style tips and advice. This type of social media allows us to take a massive step away from the usual tall, skinny models which we constantly see gracing the covers of magazines, and allows us to compare ourselves with real, everyday people. It also gives us a great way to express ourselves and engage with other fashion enthusiasts.

Another advanced fashion website, making the most of social media is Polyvore. This site has a very unique ‘drag and drop’ interaction option which allows users to choose from a selection of styles and mix and match them to create the perfect look. With this refreshing feature, you can keep up to date with the latest ladies trends and fashions, and even make up your own styles, without leaving the house. These types of social media are allowing for a whole new way for people to express themselves and make use of the latest styles.

Fashion Style is Important

Fashion style is important. You clothes make your fashion statement, and how you’re perceived. Stand straight and carry yourself with grace. You will radiate self confidence.

Here are some fashion tips and advice to look and feel good. Don’t forget your jewelry accessories are like the icing on the cake. They are the finishing touch. Dress to Impress and Make Your Fashion Statement!

Fashion Tips

Make sure your wardrobe has plenty of neutrals on hand – they are perfect for mixing and matching. They can be dressed up or down with the right jewelry additions.

Not a one of us woman has the perfect figure. We all have flaws. Accept your flaws and work with them

Know your body and what looks good. You are logically attracted to clothes, styles and colors that flatter your figure. Experiment a bit, and try something a bit off your normal habits

Tailored outfits are flattering to most all figures

Buy styles that flatter your figure and don’t forget that finishing touch with your jewelry

To make a short neck look longer wear a sccop neck or open collar shirt, complete the look with a long necklace

Large breasted women and women with wide hips can optain balance by using shoulder pads

Make sure your panty hose fits properly

Don’t bare all – leave something for the imagination. Entice with your a glittery necklace or choker, and don’t forget the earrings

Leather stretches so if your buying a leather skirt or pants make sure they are snug when you purchase them. There are also some fabulous faux leather products on the market that can give you great wear for a season or two without having to worry if they’ll still fit next year

Dress up your look with glittery jewelry, accent a line with a necklace. Don’t forget your earrings and bracelets. They add the finishing touch to your look. You can completely change your look just by changing your jewelry. Dress it up or down!

If you find an outfit in a magazine but its too pricey for your budget don’t fret. There are terrific department stores and online sites that sell very similar for much less. Your jewelry is the same. That fabulous designer parure that costs way more than you can afford – your certain to find a similar in an online store for much less. Clip the picture and keep it with you so you can match

Set your budget and stick to it. Purchase plenty of mix and match pieces to get the most for your money. And don’t forget to complete your look with jewelry. Mix and match your jewelry pieces also.

Fashion Style of Mens Jacket

Even before time jacket were consider as an essential part of the Men’s clothing. Jackets keep us warm and can also be a perfect addition to any of your stylish outfit that you find in your closet. But as an individual you should know the kind of fashion stylist jacket that may really fit you. Things we could suggest in choosing a jacket is that you choose those who can make you more comfortable when you wear it and that you bought that jacket because you like it.

Leather jacket had been in the market even before we are born. Men’s choose this jacket because it offers a lot of uses. Bomber jacket is a leather jacket aside from the fact that it can keep us warm it is also the best among any other jacket because with this jacket you can wear it at all season ant that it can be easily be paired when any clothes and pants. It is nice if you choose a bomber leather jacket that’s best fits you. Then we have the Pea coat is a jacket that is made up of wool and it also fits not only to the men but to the women also, this kind of clothing suits all body size because it is usually baggy. Blazer is a must have if one is looking for something that they can pair to their clothes, with blazer one not worry about what are they going to pair it because with blazer everything is fits to it, that you just have to wear under it a pair of shirt then a nice fashion pants and nice footwear then you are on the go to model you attire to the people around you because it will make you look gorgeous and seductive.

Fashion style men’s jacket maybe thought by some to be wear when it is require in a fashion event but what people did not know is that it can be wear anytime you feel wearing it and that also it is not only meant for the men’s but women can perfectly wear it also as long as they know how to handle themselves while wearing a jacket then it is also best suited for them. Jacket may it varies into style, brands and price should be a must have part of our clothing.

5 Fashion Styles That Can Make You Look Gorgeous

Fashion is associated with women, they are the ones who actually want to beautify themselves. For fashionistas, to the corporate rulers, every woman loves dresses, makeup, accessories as these are the path towards phenomenal looks.

There are various fashion styles, sometimes we think that today is to look trendy, or today for something traditional, or today let me dress up in a classic outfit or oh! It’s summer, let me look casual! Trendy, Vogue, Casual are all fashion styles that we take up in our daily routine. These are all different types of fashion styles which can make one look better.

What does fashion mean to you?

Fashion is all about expressing yourself, and your identity. It is about expressing yourself through your dresses or clothes. It is everything that deals with clothes, accessories, footwear, jewelry, hairstyle and etc. It is a habitual trend in which a person dresses up in her best, does her make up, wears her accessories and shoes. Looking good is the main aim of fashion.

To some, fashion can mean good dresses, to some fashion can mean expensive clothing and accessories. But you must pair your dresses correctly to look chic and stylish. Failure to do so can be a disaster and make you embarrassed in front of everyone.

Wearing the same dresses in the same style can make you a boring person. So before you go out wearing something look at yourself in front of the mirror, check yourself whether the particular dress goes with your body shape or the accessories. Ask yourself whether the accessories you are planning to wear match your dress. Ask yourself will I be able to carry myself?

Check what kind of makeup match the dresses? The shoes, the hair! Everything must match each other perfectly. And you can make you a fashionable diva. If you love fashion, you must know the various types of styles which you can try, the next time you visit a party. Go through the various fashion styles.

Trendy fashion style: It is always up to date. Girls following this style wear all kinds of dresses without keeping any constraints. Trendy means something that is in the trend. Ripped jeans, tank tops, long jackets, high heels, open hairs are examples of trendy fashion style. Celebrities like Jessica Simpson, Miley Cyrus, Paris Hilton, Jessica Alba follows this style. Well, attitude is everything when it comes to pulling off a trendy style.

Chic Style: Chic mans a style that is highly fashionable. Chic is a statement that makes one look striking and exceptionally smart. This style is marked with well-tailored designs that are classy. Strong color, superior styles, that seems casual but also not too casual. So, basically chic style means something very classy, trendy, and also gorgeous. So if you are a part of the chic club, then your wardrobe is a symbol of style.

Sophisticated Style: Style that is polished, quality, and posh are known as sophisticated style. Dresses like Skaters Dress, Brocade Dress, Sheath Dress makes the style statement. A sophisticated style is for the ones from higher status and high-class personalities. Culture and luxury mean most of them who chooses this style of fashion.

Vogue Style: Vogue is something that comes back with time. Fashion that existed for the time, then again regained its popularity by combing some changes in its design, dress material, or styles are said to be vogue. A few vogue dresses are Skaters Dress, Brocade dress, Bandage Dress. These dresses regained its popularity over time and became one of the most fashionable dresses that are loved by women.

Preppy Style: The school or college look is the tag name that denotes a preppy style. Dresses that are collared and are matched with skaters dress or A-line skirts with girly blouses are preppy styles.

To stand out of the crowd you must choose such styles that make you look gorgeous. Just do not keep copying from others, explore the world of fashion, experiment the possibilities and find out what makes you look gorgeous. Women are the finest creation of God. They are borne diva but divas also need to be fashionable. Therefore, choose the style that suits you the most. Good Luck!

Women in Men’s Fashion Style!

Fashion is ever evolving and some pieces that historically were designed for men are now very popular among women. Hats and bags, especially, have become more unisex and are now acceptable for both genders to wear regularly. Slight variations in fabrics still distinguish which particular styles are wearable by men or women, but not much else. The bowler hat, satchel and newsboy cap have all evolved into a wardrobe staple for both men and women.

The newsboy cap is similar to the flat cap, but is fuller and rounder in appearance. It was popular style for men and boys in the early 19th and 20th centuries. Though newspaper delivery boys and others in the blue collar workforce wore this type of hat, it was acceptable for all classes to wear this style. However while the lower class wore it as part of their uniforms, the upper classes wore this during leisurely activities. In the early 2000’s, this hat became popular with women and it was manufactured in softer fabrics to suit their tastes.

Bowler hats (also known as a derby hat) is made of felt with a rounded crown. It was designed for a politician but soon became popular with the working class. Contrary to popular belief, the bowler hat was the most popular hat in the American West. It was preferred by cowboys and rail workers because it did not blow off the head easily. This hat has a very strong international influence from Bolivia to Africa due to the British railway workers. Charlie Chaplin wore the hat in his famous film “The Tramp.” Today, the bowler hat is synonymous with Bolivian culture and British high society, but this style is enjoyed by everyone around the world.

Satchels have once been a “men only” accessory. The style was simple and consisted of a crossbody strap, a flap, and some buckles holding it closed. They are structured bags, much like a briefcase. They have evolved into different shapes and sizes, and now the word “satchel” means any bag that is rigid and can stand on its own. Flaps are optional and so is the crossbody strap. Contemporary satchels for women are more flexible in appearance, size and color than a men’s version, which has more or less stayed close to its original style.

In this ever evolving world of fashion, styles and trends change every day. The classic pieces, however, stay within their designs. What changes is their versatility and ability to be worn or used by either gender.

Men’s Fashion Styles That Women Absolutely Hate

Men and women have different fashion sense, and that’s the norm of course, but sometimes we need to take a cue from each other. Most men, for example, are known to have lousy taste when it comes to their fashion choices. That’s why they would be able to benefit tremendously from some real tips and advice from women.

There are choices of style and clothing for men that are totally frowned upon by the opposite sex. It would come in handy to know about these fashion violations especially if your aim in trying to be fashionable is to attract females in the first place.

Here are just some men’s fashion styles that women hate:

Socks and Sandals- There is never a good reason to wear socks with sandals. Socks are meant for shoes and closed footwear and sandals are meant for bare feet. Pairing these two together goes against their very nature.

Wearing them makes you look like a fool and women would rightfully think that you have no sense of fashion at all.

Mesh Shirt- Try to think of ways where wearing a mesh shirt can be considered to be hot. If you can think of any situation then that means you have an absolutely horrible fashion sense and that you have been committing equally horrid fashion crimes all your life. Try to rethink your whole idea of fashion.

Fanny Packs- Admittedly, the idea for the fanny pack is quite a good one, especially for a practical fellow who’d like everything handy. It’s kind of like Batman’s Utility Belt. Unfortunately, wearing a fanny pack in reality is a bad idea and could make you look like a total dork.

Skinny Jeans- This is one of the instances where we would see the vast difference between men’s and women’s fashion. Girls wearing skinny jeans is simply hot. The tighter the jeans, the better.

When a guy wears skinny jeans, it never looks right. It especially looks odd when we see the guy struggling to move around since the pants are obviously way too tight for what is considered comfortable.

Short Shorts- Do we have to explain this? Grown men walking around wearing short shorts is not something that we want to see in our normal waking lives. Hairy fat legs is a little but more than we can take.

There is really no situation that would justify that. Even the most intense weather is not good enough.

Logos Everywhere- Some guys are just way too drawn by the power of logos. They wear anything that has a huge logo emblazoned on it. Somehow, that makes them feel trendy and classy

It gets worse when you buy everything from the same brand. Even product endorsers don’t wear everything from the same company.

Sideways Baseball Cap- The wearing of a baseball cap is already questionable when you are not engaged in any sport or any activity that requires you to have sun protection. Wearing it sideways is just the height of being crass. You should never wear it that way.

10th House – Astrology – 10th House of Status

The Mid heaven or southern angle, the cusp or line of which is touched by the Sun at midday during noontime everyday at all the places on Earth, is known as the 10th House or Medium Coeli. This is why it is known as the principal or supreme angle of the heaven, according to heavenly calculations. The 10th House is an important feature as all the arcs of the directions to the angles are calculated from the Right Ascension of the Mid heavens. The astrological predictions make it the most important aspects related to the all arcs of directions. It is the most important aspect as it is related to matters like fame, name, recognition and honor.

Western as well as Hindu astrologers maintain that planets are powerful when they occupy any house between 1 and 4 or 7 and 10. The four houses are called Kendra or angular houses in the horoscope and considered having great yield. The planets which occupy any of the houses said to rule power, of doing what they indicate by nature and by lordship. The Houses 2, 5, 8 and 11 are known as succeeding or panaphara houses and these planets are not powerful enough like the Kendra or angular houses, but have moderate strength.

The 3rd, 6th, 9th and 12th houses have the weakest influence – known as the apoklima or cadent houses. For example, a person may lack suitable opportunities, depending on their merit or skills. The angular, succeeding and cadent houses correspond to fixed, mutable and common signs of the zodiac according to their power and influence.

Effects of the 10th House

The 10th House is the House of Lordship, dignity and esteem. It is known as the apex of the horoscope, as it indicates man’s earthly achievements that are attained through name, fame, power, credit, success, conduct, status, rank, repute, authority and ambition. The standing of a person in his professional life and society should be determined in terms of his material responsibilities, and his contacts in the higher circles. This is what is indicated by the 10th House, the occupants of the 10th House and its constellations. Questions related to worldly actions and moral responsibilities are determined by this House.

It presides over inclinations, preferences, permanence, professional growth etc. It demonstrates how one achieves affluence or superiority by occupying an exalted appointment or elective office.

The principal influence on the 10th House is occupation, or business, although the 10th House is not the sole indicator of these aspects, but includes the 2nd and 6th Houses – the Material Trinity – which represent material gains. Hence, in everyday life, we often come across people who pursue ends or vocations that they do not have the aptitude or qualifications for. Others swap careers often, while there are people who carry out several activities simultaneously.

In maximum cases, people choose their vocations not because of liking, but for financial profits. Hence, the 10th House represents Pravritti, representing respect for improvement.

The 6th House represents service, routine, monotony and drudgery that a person is forced to continue whether he likes it or not.

The 2nd House indicates the consequences of self-acquisition, which is monetary advantage through labor.

Influence of the Planets on the 10th House

Neptuneon your 10th House indicates occupations involving inspiration, mystery and secrecy like secret services, music, singing, art etc. One may also be connected with the marine industries. Dignified aspects of Neptuneindicate inspiration, position, honor and achievement. It may threaten danger to parents. Unfavorable positioning indicates disgrace, scandals etc.

Uranusbrings about an erratic, unconventional, eccentric, but original aspect. With a well-aspected placement, Uranus harbors creativity, novel plans, originality and success. Mercury may stand for talent, but Uranus is all for genius. A lot of reformers, astrologers and scientists are born under its influence. Sudden changes in occupation are indicated.

The slow and sluggish aspect of Saturn, if favorably placed, makes the person rise through industry, patience and perseverance, although there might be delays and interruptions. Saturn is generally subordinate and an affliction often leads to public discredit. The native may be talented, but lacks suitable avenues and opportunities.

If the benevolence of Jupiter is well-connected to the 10th House, it definitely indicates honor and high position. As the ruler of justice and good morals, Jupiter ensures that the morality level of the person is high. The person will make money through just methods and make a good testimony for financial, social and political success.

The militant nature of Mars when well-placed, allows a person energy, enterprise, force, will, courage and executive abilities. One can therefore lead any industry, or conduct a business successfully, especially with Mars placed in a mutable sign. Occupations using fire, iron or sharp tools are ideal. Affliction causes arrogance and aggression.

Mutable Mercury brings in business success and entrepreneurship. This leads to mental and occult success as well. Mercury indicates plurality where one may be involved in more than a single occupation. Mercury is usually successful in its subordinate capacity and professions like engineering, export, import, international trade and post are ideal.

Venusis peaceful and passive and indicates patronage from ladies in social, musical and artistic pursuits. Popularity is good humored and acquired in an affable manner, instead of by merit. Venus influences jobs which require refinement, artistic natures, and entertainment, as well as jobs where women’s needs should be met for attaining success.

The Sun is dignified and stands for honor, success, authority, power, distinction, prosperity, public support and patronage. It ensures success in government spheres, where credit is definite and success is steady, irrespective of what profession a person is in. the favor of superiors helps one to rise through responsibility and success.

The mutable Moon rules the general public. This is why her placement in the 10th House indicates a successful public life. However, with the Moon being mutable, changes and alterations in public life are also indicated. The person might thus be popular in public life, although the popularity may not be longstanding.

Indications of the 10th House

The 10th House is known as the karmasthana which involves performing the last rites of the parents, attending religious rituals and yajnas, and work and make money. As a coincidence, they also lose either parent while they are flying in success. Indicating the father and the mother, the 10th House implies makarasthana or death-inflicting houses.

The reference of the House is also to the employers or superior in profession and trade, the judge and the government.

The native should govern the wealth inherited from the patrimony. This hereditary income stems from the ancestors.

Representing Agya, the 10th House also rules commissions and orders.

While the 9th House governs long journeys, the 10th House looks after pilgrimages.

How To Start Your House Flipping Business Step By Step

Want to start flipping houses but just don’t know where to start? Do you need to set up a business? What type? What type of house flipping should you start with? What if you don’t have much money?

There are a million questions that can be asked. There’s so much information out there and it’s hard to know which is the right way to go and who to trust. I’m going to cut through all of the confusion and show you how to get started in a step-by-step way. This is based on my experience and is my recommended path to getting the ball rolling.

Step 1: Know Where You Want To Go

We shouldn’t just jump in our car and speed away without knowing where we are going. That’s crazy and a complete waste of time and money. We’ve got to figure out our destination first.

In my opinion, this is the single most important step in this process. You have to know your destination. It needs to be very clear and definite in your mind. An end goal of ‘getting rich’ is too general and not definite enough to allow you to envision where you want to be. We need to figure out exactly what we want and how we want our lives to be so that we have a clear vision of what it is we are trying to achieve.

Would you like to be able to take your family on vacations whenever you want and for as long as you want? Do you want to be able to earn profits instead of wages so that you can do this full-time and be in control of what you are doing and when? Do you want to be able to achieve all that you feel you are meant to achieve without waiting for someone to give you the opportunity? In order to do these things, we have to lay them out as specific goals.

You can take ‘getting rich’ and ask the right questions to figure out what you really want and why you want to flip houses. We could ask WHY we want to be rich. What would being rich do for us? What kind of things would you do if you were rich? What would your average day be like if you were rich? Answer these questions and write down your answers. Something about writing things down helps you to fully realize and remember your answers. Better yet, start a vision board.

Figure out what your true dreams are and try to make them as specific and clear as possible. Try to have concrete goals that you can work towards. Narrow your focus.

Step 2: Get Educated (don’t overdo it)

Now that we know our destination, we still shouldn’t just jump in that car and peel out into the distance. That might be funny, but it would not be funny for very long. Especially when you find yourself lost and frustrated.

We need to get educated so that we know the best way to get to our destination. We need to study the roads and figure out not only the shortest path, but the path with the least amount of traffic jams. The traffic jams in house flipping are the things that slow us down and make it more difficult for us to get to where we want to be. This can be things like having a ton of over-leveraged rental properties with non-paying tenants that are trashing the place and causing you to bleed money at a staggering pace.

You’ve probably already started your house flipping education. Well, I know you have because you are here reading this. At least you are in the right place! That’s a great start. That shows me you already know what you are doing so far.

What do you need to learn and where can you learn it?

In order to figure out what you need to learn, we need to figure out which house flipping strategy to focus on.

Focus Your Energy On One Strategy

There are a lot of strategies out there. I’ve seen some really crazy and down right dangerous ones. Most typically just sound great and look good on paper but are super risky in reality. When you add the human factor to a lot of these strategies (tenants that don’t pay and completely trash your house, unscrupulous investors and sellers, unforeseen costs and repairs, lawsuits, and list goes on and on), they are just not a good way to go. You have to get back to the basics. To the tried and true things that have been working for a long time for a lot of investors.

My Recommended Starting Strategies (and I still use them myself)

Starting with birddogging and wholesaling is the easiest way to get into flipping houses without much risk and with little to no money. These are the strategies that I feel you should focus on. I call these the strategies with the lowest entry costs in terms of time, money and experience.

Give yourself a better chance of really making it by laser focusing on these two methods. Heck, just focus on one if you want. The great thing is that both of these can be learned quickly and interchanged for each deal as you see fit.

Birddogging

A birddog is someone that finds “leads” and gives these leads to an experienced investor to work.

Here’s how to do it:

You drive around and find vacant houses and send letters to the owners of the vacant houses. One of the owners calls you and tells you they are interested in selling the house.
You then tell another investor that has the ability to act quickly about the lead and he/she sets an appointment to see the house and makes an offer to the owner.
If they come to an agreement and the investor ends up buying the house, he/she will pay you a finder’s fee. This fee can be as much as $2,000 or more.

I typically ask for $1,000 to $2,000 depending on how much potential I feel the deal has. I think most investors probably pay closer to $500 each if the leads are screened as well as I screen mine.

What I mean by screening is just that I make sure the potential for a deal is really there. That the sellers have enough equity in the home and there are signs of motivation to sell.

Some investors will pay small fees just for the lead (just giving the lead, whether they buy the house or not). Don’t expect very much if this is the case (probably between $25-$50).

Wholesaling

Wholesaling is where you actually contract to buy a house and sell it ‘as-is’ to another investor.

There are several ways to wholesale, but in the spirit of having you narrow your focus, I’m going to be discussing the assignment of contract alone. This is the strategy that involves the least risk and very little money. This is where you never take ownership of the house.

Here’s how to do it:

So, if you find a deal where the house should sell for $100,000 and it needs $10,000 in repairs, you would want to buy it for $60,000 LESS THE AMOUNT YOU WANT TO CHARGE FOR THE ASSIGNMENT. If you want to be paid $5,000 for the assignment, simply buy it for $55,000 and offer it to an investor buyer for $60,000.

Estimating repairs can be difficult in the beginning. At first, I sure was clueless when it came to what repairs cost. The best thing you can do is find a contractor (preferably one that has worked for house flippers) that can help you with the basic costs of normal repairs. Just sit down and make a list of normal repairs and what they typically cost. Some of the items can be priced based on square foot or linear feet.

Market for leads (you’ll find out more about this further down in this article).

Start taking calls and analyzing the leads. Most investor buyers are looking to purchase investment property at 70% of market value minus the cost to repair the property.The key with estimating repairs is that you will never get it the cost correct to the dollar. You are just trying to get a good estimate. Be conservative in your estimate.

When you find what seems to be a deal that could work based on your analysis, you make the offer. If the seller accepts, you will sign a purchase and sale agreement (contract) with the seller that spells out the terms of the agreement. Most people use their own state approved contract for real estate transactions. I actually prefer a single page contract of my own that is straight and to the point. Most of the state contracts are full of CYA stuff for Realtors and tend to be 9 pages or longer. Talk about taking forever to get the contract signed! I don’t enjoy explaining TIDE WATERS and other gobbledy-gook to sellers for several hours.

It’s important to make sure that your contract has ‘and/or Assigns’ after the buyer name so that you can assign the contract.

For the buyer name, you will use your name unless you’ve set up a DBA or company (read more about that below).

In the beginning, it’s best to have an escape clause. This is where you have a statement in the contract that allows you to back out if you are unable to find a buyer for it. The clause should be simple and could be something like, “This agreement is subject to further inspection of the property by the buyer.”

If the contract you are using has a section for a termination option, you can use that. This is typically used by buyers to pay a certain amount to be able to terminate the deal if they are not happy with the inspection or other aspect of the deal within an agreed upon amount of time.

Once you have the house contracted, you take it to a title company and have it receipted. This is where you pay the earnest money you agreed to with the seller (I typically only pay $10 or $25 for earnest money. It’s not a big deal unless you make it seem like a big deal (remember that).

Contact your buyers and let them know about the deal. You will end up finding out who the serious buyers are by doing this. You really only want to work with buyers that take action quickly and let you know whether they want the deal or not. Don’t waste your time with people that ask a million questions, like whether the bathroom toilet needs to be replaced. You are selling at a deep discount so those matters are irrelevant. Don’t waste your time with these people.After a while you will develop a short list of ‘go-to’ people that you can call and tell about the property. It’s best to try and give them 12-24 hours each to see if they want the deal (one at a time of course). If they know there will be a lot of competition, they may not want to waste their time. If they know they have first dibs, they will be more than willing to check it out.

Once you’ve found your ready, willing and able buyer (must be able to close by the date you specified in your contract with the seller), you will sign an assignment of contract form with them. This is just a single page contract (you can download a copy of mine here: Flipping Houses Resources Page.

This assignment contract will then be taken to the same title company where you receipted the purchase contract.

You could get a non-refundable deposit from the buyer to help ensure that they are serious. Good buyers will not hesitate to do this if it is a good deal. Non-refundable deposits can be as much as you want, but are typically $1,000-$2,000.

When the deal closes, the title company will cut you a check for your assignment fee. Congratulations! You’ve just made several thousand dollars without even owning the house.

There is an alternative way to do this. This involves finding investor buyers and figuring out what types of deals they want and marketing and directing your efforts to find those types of deals. This way you can find exactly what they want so that you already have a ready and willing buyer. These investors might also help you analyze each deal so that you are buying at a price that makes sense for them (and of course you get the house for a little cheaper so as to cover your assignment fee! You do want to make some money for your efforts, don’t you?)

There’s no wrong or right way to go about it. It’s really up to you as to which one fits better for you. You can try one method and then switch to the other or work at doing both at the same time. Your choice.

This doesn’t cover every possibility, but it’s a great introduction and good starting point for you to know what you need to learn about the process.

Stay focused my friend.

What if you stand to make a HUGE assignment fee?

Good for you. If your end buyer doesn’t like it, find another buyer. You are the one with the deal. If it’s a problem for them that you stand to make a lot of money for simply assigning the deal, tell them tough cookies. That’s the way it’s going to be. Simple as that.

Why I Don’t Recommend Rentals and Rehabbing – IN THE BEGINNING

Rentals

Some people want to start out by picking up rentals. The reason why I don’t recommend that is because you should really have a certain level of cash reserves in case your places get trashed and go vacant, or tenants just stop paying and you have to spend a lot of time and money just getting them out. Rentals don’t generate the kind of quick cash that wholesaling and birddogging can.

Rehabbing

Rehabbing is another one that I feel is better to start after gaining experience in wholesaling. This way you get a lot of experience in determining what the right prices are to buy the properties and in determining the repair costs, holding costs, selling costs and any other costs involved when rehabbing houses. There’s a lot more risk when rehabbing. If you start by wholesaling you might even end up developing a relationship with a local rehabber that can then help you to make the transition to rehabbing.

Stay Focused

Don’t keep buying course after course trying to find that new secret way to do this easily. It doesn’t exist and you are just putting off getting out of your comfort zone. Focus on one strategy, learn as much as you can about it and start taking action to gain experience and make a real go at it. Doing this will separate you from 95-99% of other people.

Where To Learn

Here, of course, is the best place. I’m only slightly biased. But, you should also spend some time on the incredible forums over at Bigger Pockets and REIClub. These are great places to really fill in a lot of the gaps. I wanted to talk about figuring out where to start first, because when you spend time on the forums you will tend to get pulled in a lot of directions. You have to go in with a specific question to get answered. Search for answers to your specific questions and TRY NOT TO GET SIDE-TRACKED.

People tend to get side-tracked easily because it’s easier (MORE COMFORTABLE) to just keep learning other things than to actually TAKE ACTION. Don’t fall into that trap. Stay focused.

Incidentally, the NUMBER ONE place to learn is on the streets. You will learn more hands down by taking action and finding out what you need to know. You don’t have to know everything about a topic to get started. You should educate yourself on the basics and GET STARTED.

Taking action will put you out of your comfort zone. It will be uncomfortable, but only in the beginning.

Step 3: Start Marketing

You’ve got to find deals and you need to find buyers to buy those deals.

I’m a firm believer that it is much easier to find awesome deals by targeting motivated sellers. You aren’t looking for the right houses as much as you are really looking for the right sellers.

A lot of new people think the only way to start is to find a real estate agent and have them find listed deals for them. There’s simply too much competition and the deals tend to be too slim. It’s possible to work it this way, but why when it is much easier dealing directly with motivated homeowners.

The Macro-Dynamics of the US and the Canadian Housing Markets: An Analytical Comparison

Introduction:

This article examines three key fundamental questions: (1)-Would the US housing market face any reversal given what is happening in the US and global economy? (2)-As predicted by some pundits, would the Canadian economy undergo any serious correction? (3)-What are the key macroeconomic factors which impact the Canadian and the US housing markets? And using this framework what predictions can we make both for short and long term trends of real estate markets?

The US Housing Market: Its Evolution from Crisis (2007-2008) to Present:

The US housing bubble was created by “Steroids Banking” using “Securitization” process and taking advantage of low interest rates and massive inflow of investment money from abroad. The housing prices in most regions almost doubled 2001 to 2006; and subprime lending escalated astronomically. The private Mortgage banks were applying their creativity and greed in designing highly risky esoteric mortgage products using the “Securitization” process.

What is “Securitization”? Put simply this is packaging of mortgages (including subprime) into structured products (Mortgage backed securities, Collateralized debt obligations). The manufacturing mortgage bank then removes these esoteric products from its balance sheets to minimize any risks and sells these products to institutional investors using SIV (Structured investment vehicles). The buyers of these products erroneously assumed that the underlying mortgages of these securities were “safe collateral” given upward trending housing market. However, when subprime mortgages defaulted and housing market began to sink, these structured products built around defaulting mortgages fell sharply in value, thereby freezing the entire global credit system. Added to this turmoil was dilution of commercial paper because of potential default of big lending institutions. The global financial system was under siege. Ironically, the Credit default swaps, which mean to insure against default of these mortgages collapsed under their own weight, thereby reinforcing the Credit crisis. The US Treasury and the Fed intervened and injected trillions of dollars to save the collapsing US Housing and Banking system.

This crisis is a classic example of “Moral Hazard” issue. Who was responsible for over-leveraging the system beyond its buoyancy point? Technically the Mortgage banks had packaged the mortgages and passed on the risks to the institutional investors. The institutional investors made the wrong assumption that the US housing market will move North forever. The Fed and other institutions did not have a proper regulatory-monitoring structure as envisioned in the BASEL guidelines to avert such over-leveraging. Nobody knew who will be responsible if the edifice collapses. Worst of all, the institutional investors assumed wrongly that the “Credit default swaps” (CDS) instruments would work miracles; and bail out defaulting mortgages. This is known as Moral hazard problem. Ultimately everybody was looking forward to the Fed and the Treasury to bail out the global financial system from reaching the doomsday.

The US Housing Market in the aftermath of Crisis:

The “Mortgage Delinquency Rate (MDR)” is a key metric that speaks of the real fallout of the US housing crisis (2007-2008). It measures the percentage change in delinquency of residential loans. In June 2007, the MDR was 2.17% and reached its highest level in March 2011 at 11.36%. It recovered back to 2008 levels at 10.4% recently. MDR is a key lagging indicator that reflects economic difficulties. Another key metric reflecting the state of housing health in the US is the S&P/Case Shiller Home Price Index. This is an index reflecting change in housing prices of 20 (and 10) key US metropolitan areas. The home prices in April 2012 for 20-city composite have reached the level existing in the start of 2003. In April 2012, the home prices have declined about 34-35% from its peak level in 2006.

The main reason for a stagnant US housing market as evidenced from the MDR data is a fragile labor market. Slow job growth rate is due to weak consumer spending, which is the 70% component of real GDP and key driver of job creation in the US. Consumer spending is directly related to job growth rate, the saving rate and the consumer confidence. In an uncertain environment, spending falls and both the US dollar and saving rate increases. Although savings are recycled by the intermediaries as investments for businesses, this does not necessarily translate onto investment spending and GDP growth. Companies in a high risk environment aim to trim their balance sheets by paying off their debts, a process called as deleveraging. They do not want to burden their balance sheets by borrowing from banks. This deleveraging process slows down the level of investment in the economy thereby indirectly moderating the job growth rate. Deleveraging also runs counterproductive to low interest rates and impedes growth in jobs and therefore fast recovery of real estate prices.

Why the Canadian housing market is not poised for a serious correction?

The Canadian Mortgage system is more robust and conservative than the one prevailing in the US. First of all, the Canadian subprime market is only 5% of total outstanding mortgages whereas during its peak years 2004-2006, the US subprime market captured 25% of total outstanding US mortgages. The Canadian mortgage system executes better risk management tools including limited exposure to securitization and tight lending practices backed by insurance mortgage. The recent changes in the Mortgage lending have further tightened the belts to avoid any risks to healthy housing in Canada.

The supply and demand conditions in Canada are monitored by all players actively. There is a great degree of transparency and authenticity in the housing data and practices. Supply dovetails both current and future demand leaving little room for creation of bubbles. Remember bubbles happen when there is a huge undiscovered lag between supply and demand. For example, there is an anticipated constraint of commercial real estate supply in the wake of surging demand both in Toronto area and Western Canada.

A large number of Canadians are currently disillusioned by lower and volatile investment returns in the core financial assets, stocks and bonds. The ongoing volatility in the Capital markets is expected to last in the next few years, given some long lasting problems like risks of Sovereign debt crisis in Europe & the US. This situation has mobilized a great number of people to invest in real estate as most viable alternative investment in the wake of record low interest rates. This process might continue for some years as the core financial assets (stocks, bonds and mutual funds) may not pick up momentum soon.

The concept of a bubble is not quite relevant in the context of the Canadian housing market. This is explained in terms of a typical sales cycle witnessed in Toronto and other places in Canada. The sales cycle woven around tighter demand-supply conditions mitigates the probability of bubbles. For example, in Toronto, condos are sold or flipped by investors, who generally do not live in those condos. When interest rates would inch up in future, these investors will find it difficult to keep highly expensive condos. They will sell these condos putting downward pressure on prices of the condominium market. Intuitively, the falling prices will give opportunity to new immigrants and other investors to purchase condos, as they could not previously afford it. This process is further strengthened by different ethnic groups who support their new immigrant friends and families toward the purchase of their first homes in Canada. Overall these processes would push prices upwards again. To conclude, given these tight supply-demand conditions, the chances of any serious correction are quite minimal in Toronto.

What are the Macroeconomic factors which impact the prices of Real Estate?

Interest Rates and Inflation: Interest rate is the price of money. It is determined by supply and demand of loanable funds. However the country’s Central bank can greatly influence the rate by tightening credit conditions or making those relaxed by pumping money into the system. This is typically done through Monetary Policy and open Market operations. Lower rates make it cheaper for potential buyers to borrow money and make purchases. It also helps current homeowners to refinance their homes and save money. All this will lead to stronger demand for mortgages and housing. Increasing rates will have the opposite effect and dampen the level of sales activity in the Mortgage market.

Carry forward trades, borrowing at lower rates in one region and investing it in other, also indirectly impact real estate. For example, foreign institutional investors can borrow money overseas at cheaper rates and invest in Canadian real estate market. More important, real interest rates equal nominal rates minus inflation. Rising level of inflation will lower the real interest rates and declining levels will inflate real rates. Inflation typically feeds into asset prices including real estate. Tightening of money supply is done to control inflation, and this process leads to rising interest rates. Easing of money supply is done to trigger growth and this is accompanied with declining interest rates. However greater supply of money and rising oil prices (supply side) feed into inflation and ultimately inflates asset prices.

Economic Growth, Consumer spending and Employment level: Economic growth is measured by growth in the real GDP. Slowdown in economic growth-both global and regional-raises fears of “deflation” or declining prices, which does not bode well with overall economic affluence. Deflation can be compared to freezing of an economy. Japan experienced sustained recession due to deflation for a long period. Fear of deflation due to declining growth can have negative impact on the real estate market.

Labor Market dynamics and in particular the level of unemployment has a critical relationship to the health of the housing sector. Rising unemployment during recession is often accompanied with low housing demand and mortgage delinquencies. For example, when Enron crisis erupted, there was general softening in the regional housing market. Another example is the current state of the US housing market. Economists say that the slow pace of housing recovery is attributed to a stagnant US labor market, which is stuck up at over 8% of unemployment rate.

Consumer spending plays a key role in the US while the export sector plays an important role in China. As well in Canada, consumer spending has correlation to the GDP growth. In case of the US, Consumer spending constitutes 70% of GDP and is therefore most important driver of GDP growth rate. Higher consumption level, driven by consumer confidence levels, leads to greater economic (job creation) activity and ultimately translates into greater demand for housing. Surging consumer debt, as it is happening in Canada, is also not healthy for a sustainable consumption and GDP growth. Over-leveraged consumers do not have the capacity to absorb shocks like layoffs or increase in interest rates & inflation.

Institutional Capacity of Economy to absorb External shocks: The housing crisis of 2007-2008 contaminated the global financial system. The Fed and G-7 countries had to undertake unprecedented bail out measures to save the global financial system from getting derailed. Fortunately, the Canadian housing market was resilient enough to absorb the shocks and did not sink. This happened because of a relatively conservative mortgage system prevailing in Canada. Regulatory measures also impact the resilience of the housing market. For example, tax credits in the US had triggered growth of the housing sector in the aftermath of crisis. Canada has applied its regulations to keep the housing sector strong and healthy.

Demographics and Migration: These play an important role in shaping the long term prospects of the real estate market. In Canada and the US, the aging population of baby boomers will create more demand for residential and vacation homes in the next decade. International migration to Canada is also an important determinant of housing market in Canada.

Technology, Oil-Commodities boom and Exports: The Canadian economic and housing activity is also impacted by three external forces: Chinese Investors, Oil-commodities prices and economic activity in the US. The Western Canada is impacted by the level of Chinese and foreign investments, mainly in the Mining and Oil sector. The Eastern region, mainly Ontario and Quebec, is impacted by the level of exports to the US and therefore indirectly on the state of the US economy. Stronger Canadian dollar does not augur well for exporters. Overall, the Canadian economy and dollar are strengthened by rising demand for Oil and commodities.

National Level of debt: In the US, the national level of debt is reaching about $14 trillion and will continue to grow in the years to come. National debt piles up due to persistent fiscal deficits in the economy. In the US, there is a challenge of twin deficits-both fiscal deficit and external imbalances. The twin deficits not only lead to faster growth of national debt but trigger anticipation of higher interest rates and inflation. This happens through the following mechanism: Higher debt in the US is monetized by either selling bonds to China (or other surplus countries) or by printing money from thin air. In either case it leads to greater risks and consequently higher interest rates, fast depreciating currencies and therefore more inflation. Some economists say that if debt is not contained by the US policy-makers, we may enter an era of hyperinflation where all asset prices (including real estate) will become very costly.