Saturday, August 30, 2008

A Steady Compound Growth Soon Adds Up

Category: Finance, Real Estate.

We all want high return investments, but what is the best way to achieve substantial long- term capital growth?



The Secret of High Return Investments. Let s look at the best investment, combined with the most powerful force in investing, and how they can create a high return investment that grows rapidly. Albert Einstein called this: "The most powerful force in the universe" and investment terms he s right. Which is the Best High Return Investment? Compound interest on an investment with low downside volatility is really the secret of getting high return investments to make huge gains over the long term. When looking at high return investments the best combination is an above average return, linked to low volatility, combined with compound growth. The overall price of farmland has increased by 30% in the last 12 months, and by 130% since the early 1990s, with an average 920% growth in the last 20 years.


As an investment, UK land has provided better capital growth over time than most hedge funds, investment trusts, mutual funds, equities, and with a, or shares lower downside risk. The 920% over 20 years is average growth, and many investors have achieved far greater gains by careful plot selection. UK land provides above average solid growth for the following reasons: Population Growth- The population of the UK in 1981 was 52 million. Why UK Land is Providing Stunning Returns with Low Risk. In 2001, the population had increased by about 6 million to 58 million inhabitants. This constitutes over 60% of the annual population growth.


Immigration- In terms of immigration, there is the granting of entry to the UK, 000 people per, of over 170 year. Therefore, at current rates of growth the UK can expect to see at least an additional 4 million inhabitants within the next 20 years. Furthermore, more people are staying single by choice, and getting married later in life. Social Trends- There is a rising divorce rate in the UK. In the next 17 years, with the rising population and increased lack of affordable housing, the UK will need another 5 million homes. We can see already that land has had fantastic growth year on year, and looks set to continue.


Compounding a Small Sum to a Million! The average gain was 30% , in 2004 alone. A steady compound growth soon adds up! Lets take an example now of compound growth in action: $50, 000 invested with a compound grow of 30% annually would take just 12 years to be worth over$ 1, 250, 000! Of course, bear in mind that the above illustration is subject to the fact that investors may use bigger or smaller deposits, and there is no guarantee of 30% annual growth. Compound interest makes you money work harder, and as the amount increases, it soon adds up. To make big gains, the formula for investment success over the long term is: A High return investment+ low downside volatility+ the power of compound interest= big capital growth potential.


For High Return Investments Look no Further than Land! Many hedge funds, unit or investment trusts, can be negative for years on money invested, or even never recover at all! Land tends to rise steadily in value year on year and with low downside volatility giving steady solid growth. When considering long- term investments, land with its good growth potential and low downside volatility, makes it the ideal investment to benefit from compound growth

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Another Thing To Watch Out For Is The Escrow Service That The Bank Uses - Elinor Galliher's Finance and Real Estate blog:

When a bank forecloses, they take ownership of the property, usually in order to resell it in hopes of earning back some of their money. Bad for the home owner, since you can, good for you often get bank- owned foreclosure real estate for a song.

Friday, August 29, 2008

Not Agents

Category: Finance, Real Estate.

Most Real Estate agents who think about Online Marketing are unfortunately, still missing the boat with their websites.



Why? It s sad, when you consider that many write checks into the multiple thousands for a site that looks nice and functions beautifully, but fails to do the one thing that advertising and marketing is supposed to do- bring us business! Because the majority of real estate agents are doing the thing they ve been taught to do their entire marketing career- get as many eyes on their face as possible! HOMES! So, the consumer goes online to search for what? PROPERTY!


In fact, 96% of them are looking for property. Not agents. They type something into their search engine( according to NAR, 80% of buyers did this in 2006) relating to a property search, and up comes thousands of general real estate agent websites. I m dedicated to making your experience a good one. They all look something like this: "Hi, I m Amy, your real estate professional! I do everything in every town in the state in which you re looking for a home.


I ll value your home for free! " There s a pretty picture of" Amy" and another pretty picture of a mansion. Call me today! Maybe there s a place to search MLS for homes. Or, they ll be overtaken by the" 800 lb gorillas" that have been doing big real estate websites for years. If the agent paid enough money to have someone do a really good job getting them high on the list in organic searches, they ll be overtaken next week by someone else and the process will start again. Beasts like Realtor. com and the like have great big budgets for Search Engine Optimization( SEO) and name recognition that no single agent can match.


That s right, who wants to pay$ 3- $8/ click for someone to look at their picture and read their blurb? Then, there s Pay Per Click Advertising, which is a handy tool, but seemingly too expensive for most agents who are competing with the big dogs. No wonder many sales trainers tell agents that Internet leads are low- quality and a waste of time! At the end of the day, what do we have? These trainers don t have enough guts to figure out how it really works, and off they send these agents. to the misery of door knocking and cold calling. Tired, Burned- out real estate professionals who are looking for another job and an annoyed consumer base that s wondering why on earth these" Dumb Agents" are still bothering them with irrelevant marketing!


They ignore the low returns on these projects because they feel like they re doing something, and it s less painful than having doors slammed in your face or the cops called on you for stalking your favorite farm area. Still, we have even more agents paying BIG bucks for their shopping carts, bus benches and postcards galore. So, what s an agent to do? Author of" Untold Secrets of Online Agent Marketing" , Jaime Richards, says" If we slow down and look around us, its obvious where the success has always been in Real Estate. Have we all missed the boat? Our fears keep us from doing the exact thing that will make us successful.


Her book is structured for the Non- technical and is very simple to follow. Some of the most historically successful agents and companies such as how Sotheby s used to be and how Cabela s Trophy Properties� is now, are doing the things on a national level that we should be doing ourselves. " Jaime s book, found at www. onlineagentmarketing. com is a fresh and different approach to how agents can change their online approach or start a new one that emulates these successful models. Her experience comes from the trenches. The resulting commissions were close to$ 200, 00Jaime s been asked many times why she would share her information with her" cut- throat competitors" . "The Reality is" , she says, "that if everyone would apply these concepts, there would be less competition, and the consumer, more camaraderie would benefit tremendously. Almost every single piece of business in her first year with her website, came from Online Leads she generated herself. We d also all be spending a lot less money and time on prospecting and advertising. " Jaime s book was released on 9/ 22/ 07 in electronic format and it is available exclusively at www. onlineagentmarketing. com. These vendors found that agents that were familiar with her concepts were more successful with their products and better referral business for them. "Though the discounts I negotiated are somewhat dependant on the MLS system in each agent s area, the book pays, at a minimum for itself almost 4 times over just with those offers. " Jaime says that agents should really be paying less than$ 400/ month to advertise, spending all of their prospecting time taking care of managing new leads and providing exceptional service.


With her book, she s found a small circle of vendors willing to offer deep discounts to agents that read her material. She thinks they should be seeing 1- 3 new leads a day from their website. It s the approach you take with it, and the intelligence that you apply to it. They should also be closing a minimum of 1- 2 deals a month off of their website, which should grow as a referral base grows. "It s not just about having a website. You should be a great marketer, not a great web developer. " Lastly, remember that you deserve to enjoy the fruits of your labor and work your business in a way that you enjoy.

Tuesday, August 26, 2008

As An Investor You Can Buy Property At The FMV

Category: Finance, Real Estate.

Buying or selling real estate can be a daunting task. There is no sure- shot- way by which you can make sure you get a good deal, since every real estate transaction has to be analyzed.



People are always worried if they are getting a good deal or not. But there are a few guidelines that can be followed by all when making a real estate investment, to ensure a successful deal. As an investor you can buy property at the FMV. The first thing to do is determine the Fair Market Value( FMV) of the property. But why would anyone want to buy property at the FMV when you can get it for a lower price? You will be in a better position to find lower rates if you choose to work with someone who is already familiar with the locality or then you will have to make the effort yourself and use the internet to search the recent sale histories to determine the going price and eventually find a good deal. To find properties that are at a lower value you will need to conduct a thorough research of the market.


The next thing that you can do is to understand the property trend of the area you are interested in. The first is you must know the rate and if there is an average increase in price and second, gauge the trend as far as the volume of sales are considered. While doing this there are two critical aspects that you must consider. This means that you need to look at whether there is an increase in the sales. When investing in property or the stock market it is necessary to keep a constant watch on these two aspects. If both these aspects are moving in the right direction then you know that investing here is bound to work in your favour.


At the same time, you must be careful when investing in a well- priced property, as the sales may fall and in turn reduce the price. There are areas where there are few projects lined up, while other areas have over 15, 000 projects that are estimated to be complete within the following year. Learning about the supply of property especially in the marketplace is the next step. The same can be said when investing in houses. The best investment would be where supply is less and has a huge demand. Competing with new constructions that are yet to come up can limit the escalation in price. This is a smart investment.


If you believe that local property is over valued, then refrain from making any investments. Another useful tip is to follow your own instinct as far as the macro conditions of real estate is concerned. Similarly, if you believe that the prices are going to escalate then it would be ideal to invest. And last but not the least, you must understand the risk involved and also have sufficient funds to overcome it. You are in a better position to understand the economic conditions of your locality and based on this knowledge you can make your decision. The property you invest in will have certain gains and losses that come with it. You can gain from it if your intention is to resell.

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S. And Abroad That Most Commercial Loan Brokers Aren T Aware Of Due To Access Restrictions - Finance and Real Estate Articles:

If you re looking to purchase a commercial property, and have doubts as to whether you will be able to qualify for a loan, there is no need to worry. S. and abroad that most commercial loan brokers aren t aware of due to access restrictions.

I Immediately Put The House On The Market - Shelly Leary about Finance and Real Estate:

Early in my career as a real estate investor, I got a call from a really nice family about to lose their home to foreclosure. On the inside, the house was, though very unusual.

How Does A Foreclosure Effect Your Credit Report Is A Perplexing Question - Ina Mclaurin about Finance and Real Estate:

How does a foreclosure effect your credit report is a perplexing question. What complicates the issue even further is that all the credit information reported is calculated into the individuals credit score as it occurs.

Monday, August 25, 2008

You Will Need At Least Two People To Work As Officers Of The Company

Category: Finance, Real Estate.

If you are going to start a limited company in the UK, you have to follow some rules and regulations.



Most of them are important and have a legal connection. Though it will not take you long time to get over with all the formalities, you cannot skip any of them. So, you cannot do without them. First of all, you will have to decide the name for the limited company you are going to form. Here are some of these rules discussed in detail. Here is a small tip to help you out in choosing the name of the company. So, you can browse their database to check if the name you want is available, or if it has already been taken by another company.


Companies House in the UK has a list of all the companies already registered with them. You can do this online by logging on to the Website of Companies House. The word may be in the abbreviated form. Another important thing related to the naming of the company is that the word" limited" should be there. The next important thing about a UK limited company formation is that it should be registered with the Companies House. This office is basically an address where all your official mails will be sent. In this regard, you will reed a registered office.


The registered office should be at places that are legally valid for the purpose. One will be the company secretary while the other person will be the director of the company. You will need at least two people to work as officers of the company. If you want, the company secretary can work as one of the directors as well. There are a few minor formalities that are involved in a UK limited company formation process. But you cannot do so if you have a single director.

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Phuket Land Types- Greater Titles - Finance and Real Estate Articles:

There are many different types of land titles in Thailand.

Island Property Is Almost Guaranteed To Increase In Value Over Time - Lakisha Sublette's Finance and Real Estate blog:

Real estate investors world wide are looking at buying property on Lanzarote. The answer is simple.

Sometimes The Process Of Locating A Private Property To Buy Or Rent Is Very Frustrating - Finance and Real Estate Articles:

Sometimes the process of locating a private property to buy or rent is very frustrating.

Sunday, August 24, 2008

Investment In Real Estate Has Always Been Considered A Solid And Safe Investment

Category: Finance, Real Estate.

Investment in real estate has always been considered a solid and safe investment. While there are different ways to invest in property, it is always important to ensure you invest in the right areas.



While markets have experienced poorer times, real estate prices, over all continue to climb. That s why Florida is receiving a lot large of attention from investment professionals. This trend should continue, especially considering that the population of the Florida area is rising so rapidly. Real Estate prices in Florida have continued to rise over the last 5 years. Such large increases are drawing investors towards the Florida, but why are they particularly interested in PreConstruction property investment? This means that you are getting involved at a much earlier stage in the development life cycle, meaning that you chances for higher profits are increased substantially.


Preconstuction property is different from other forms of real estate as it involves buying properties before it developed or sold. Developers are renowned for making large margins. With so much extra money kicking around, many investors are selling once their properties are built out. All that money can be absorbed and shared with you if you go for the PreConstruction option- that s why so many people are doing it. They are just selling them on and re- investing into the next preconstruction opportunity. However, you are probably thinking to yourself, what if it goes the other way? Because of the periods of time between initially investing and the property being fully ready, investors stand to make profits from the appreciation of the market during that time.


What if the market falls? That s what makes Preconstuction investing so attractive. Well in that instance you will only risk your deposit. You either hit the ball out of the park or, in the worst case scenario, end up loosing your deposit money. Evaluate your options and consider if there are other investment opportunities that you also feel could have similar returns. If you are interested in investing in Preconstuction property, then you should initially consider if you are sure it is the right choice for you.


Once you have weighed up the option, and considered the risk/ reward ratio of both, you will be able to come to a decision that is in your best interest. Remember, you will be hard pressed to find a better risk to reward proposition.

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How Many" For Sale" Signs Are In The Area - Finance and Real Estate Blog:

You have some important things to consider when searching for the perfect home to buy in the San Fernando Valley. Your Buyers Agent can be especially helpful with this because they can refer you to reliable resources to gather important information you will need to make the right decisions.

What Kind Of Spanish Property Do They Have In Their Portfolio - Eileen Wetherell about Finance and Real Estate:

Investing in Spain, is an excellent, especially Almeria choice for overseas property investors.

One Of The First Of These Is Regarding The Size Of Your House - Finance and Real Estate Articles:

Becoming a parent is one of the most wonderful things in the world. Other more experienced parents and loved ones come up with all kinds of tips that young parents could use.

Saturday, August 23, 2008

Since Home Market Fetches Good Demand For Both Sale And Purchase, The Seller And Buyer Go For It

Category: Finance, Real Estate.

Home for sale, we buy houses for cash are the general topics going on in the house property market.



Today in the home market, the homes are listed as home for sale sell your house fast for reasonable price consideration. Buying home from house property is not the difficult task and large number of sellers coming forward to sell their houses to the customers in innovative types. New homes are listed in the home market and the buyers can buy any kind of house property as per his desire. Nowadays financial institution, house financing agency provides home loans or mortgages to the buyers to buy their house property. Sellers come up with home for sale in home property market and if the buyer finds out his desire home property in the market, he can go for further transaction. With the help of the home loans and mortgages offered by the house finance agency or financial institution, the buyer can clearly make out the house property going to be sold in home market for reasonable price consideration.


Today, every body involves in the activity of house purchase and house sales. Selling homes and buying homes from the market is not the difficult task and large number of people goes for it. Since home market fetches good demand for both sale and purchase, the seller and buyer go for it. There are huge number of buyers and sellers available in the house property market, when the house property is listed for reasonable price consideration. The house property listed for sale in the market can be sold in the market can be purchased by the realtor or the home builder or the real estate agent. When the house property is listed with proper information, photocopy, price consideration, and then the home property will be purchased by the home buyer without any problem. Buying home from the home market may sometimes involve some procedures and if the buyer meets the requirement of the seller properly then he can easily purchase the house property from the market.


More number of investors comes forward to purchase home property from the sellers for reasonable price consideration, if the house property is in the desired location, area and price. Home loans and mortgages help the buyer to buy his desire house property from the home market easily without any delays at the price affordable by the buyer. The buyer can buy any kind of home property at the desired price, area and so, location on from the sellers who listed their home property in the house property market. Home properties exit at large varieties such as buildings, individuals and bungalows, apartments as well as repaired mortgaged and damaged houses.

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Overall, Buying And Selling Foreclosed And Pre- Foreclosed Homes Can Be Lucrative Investments - Finance and Real Estate Articles:

Heard the news. ?

In Languedoc A Wonderful Place To Buy In Is Agde - Finance and Real Estate Articles:

The South of France is a popular place to buy a home.

S. And Abroad That Most Commercial Loan Brokers Aren T Aware Of Due To Access Restrictions - Finance and Real Estate Articles:

If you re looking to purchase a commercial property, and have doubts as to whether you will be able to qualify for a loan, there is no need to worry. S. and abroad that most commercial loan brokers aren t aware of due to access restrictions.

Friday, August 22, 2008

Proper Insulation Now Goes A Long Way Toward Saving On Energy Bills Later

Category: Finance, Real Estate.

There s a lot of talk in real estate about green building lately, but the phrase is still a little vague.



Insulation and Building: Many new buildings are being insulated with recycled materials, such as old blue jeans or blown- in fiberglass. Here s a guide to understanding a few key terms, so you can investigate whether or not a potential home is truly eco- friendly. Proper insulation now goes a long way toward saving on energy bills later. Many cities have lumber yards and" re- stores" where you can buy recycled or left over building materials that are strong, and often antique, cheap or authentically vintage. Walls can be made of steel and concrete, rather than more expensive and volatile treated wood. Appliances: Look for low flow shower heads and low flush or composting toilets. Flooring: Rather than use expensive hardwoods that endanger the land and deplete forests, many real estate builders have found inexpensive and beautiful alternatives in bamboo( which is technically not a wood but a grass, and yet one of the hardest and most easily replenished flooring materials) and cork( also easily replenished) .


Consider energy saving washers and dryers, or put a line in your yard to hang wet clothes on sunny days Make sure your HVAC unit is sealed and clean, and look for gas stoves and instantaneous, water heaters, or tankless. Concrete, can be a, too sturdy and inexpensive alternative, as can old fashioned linoleum, which is actually made from linen and other natural fibers. One such option is the use of milk- based paints( which upon application smell like milk instead of harsh chemicals, and which don t have any carcinogenic ingredients. ) Recycled glass is now being made into kitchen and bath tiles, and countertops are being made with recycled materials that look even more beautiful and unique than mined granite. Paint and Other Materials: Many paint manufacturers are looking for green alternatives to oil and latex. Solar Energy: Solar energy doesn t just mean expensive panels that sit on your roof( though that s one kind, called active solar energy) . Though solar tends to be an expensive investment, the rewards show, upfront up every month in your energy bills. Considering a solar home can mean investing in thick- paned, glazed windows or in more complicated photovoltaic cells.


Landscaping: Look for Xeriscaped yards and common areas with plants that require little watering. Looks for trees that are native to your area, and plant them so they shield your windows from too much sun during hotter days. Consider getting rain barrels( many cities sell them through their water and energy programs) or converting your outdoor water system to" graywater" (which involves using recycled water from dishwashers and washing machines to water your lawn or wash your car) . Neighborhood: While a lot of green building means being aware of what is going into your home, you might also want to check out your neighborhood. Public transportation? Are there recycling programs or community gardens?


Bike paths so you can have the option of avoiding traffic? While thinking about these things may seem unimportant now, our global climate and community with thank you later. (Oh, and don t forget the federal tax deductions. ) Are there shops and restaurants close to you, to encourage walking?

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Moving On To A Another Downtown Austin Condo Sector - Finance and Real Estate Blog:

Downtown Austin has been growing over the last few years. The term is" multi- use" and it is pretty much the montra for Austin real estate.

Massive Homes Are Hard To Heat And Cool - Vilma Mccaughey's Finance and Real Estate blog:

A lot of realtors, and home builders, home buyers are jumping on the recent" environmentally friendly" band wagon by throwing around the term" green" .

This Is Why A Mortgage Loan Is Considered A" Secured Loan" - Finance and Real Estate Blog:

If you are looking to buy a house, one of the first things that come to mind is how to get mortgage loan financing to purchase your property.

Wednesday, August 20, 2008

With Encouraging Tourist Figures, Majorca Hasn T Been Resting On Her Laurels

Category: Finance, Real Estate.

Spain s Majorca real estate has been popular for several decades now, with many Europeans who have holidayed on the Spanish island deciding to buy a second home for holidays, or for retirement, a business. Official figures for Majorca holidays this year indicate an increase in tourist numbers by between five and seven per cent.



Prices have risen on the island as buyers- mainly British and German- have moved in, but there are mixed signals coming from the property and tourist sectors, which could see a freeze in Majorca property inflation, and possibly even a dip in prices in the near future. And it is from the pool of holidaymakers where property sales often happen a few months later, as some visitors like the island so much they decide to look into buying an apartment or villa, with some even retiring to the island, or buying a business. Cheap Majorca flights have been running for some years now, and even with increased air tax in the UK, Majorca is easily accessible from more than a dozen airports in the UK for property owners and tourists alike, with a flight time of under two hours, allowing a market for weekend homes for overseas property buyers. With the increase in visitor numbers, property demand should in theory be good. Although one of the earliest package holiday destinations with tour companies, Majorca has had new competition in recent years from the former Soviet Bloc countries in Eastern Europe, that are now able to offer cheap holidays to the British market, and for the property market countries like Croatia and Bulgaria have been able to offer apartments and villas at a fraction of the price Majorca can offer. Domestic Market. In response, the island has fought back showing it s not just the weather in Majorca that attracts property buyers, but a well established market with the infrastructure in place to protect overseas investors money.


Any slow down or possible reversal of property prices could be welcomed by the local Majorca population. This has led to some protests, with a demonstration against plans for more development in Majorca being held earlier in the year, with the belief that developers will destroy what is left of Majorca s open spaces, and rendering the map of Majorca unrecognisable in years to come. They have seen the price of property in Majorca escalate, and many have been priced out of buying their own home. With encouraging tourist figures, Majorca hasn t been resting on her laurels. Similarly, neighbouring island Menorca is hosting a Classic Yachts weekend, with entrants expected from across Europe, with the event boosting occupancy for Majorca hotels. This summer s SuperCup yachting event has seen the appointed of an experenced race organiser, in an attempt to make the event more high profile.


Of the three Balearic Islands, Ibiza comes top for spending per tourist according to official recent statistics, reaching nearly a hundred Euros a day per tourist, and Menorca third, with Majorca second. Current prices for property in Majorca include brand new 2 bedroom 2 bathroom apartments in Puerto Pollensa at 285, a country house, 000 Euros with its own pool at 1, 000 Euros, 500, and a three bedroom three bathroom villa with its own pool at 900, 00

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PROPERTY MANAGEMENT COSTS - Finance and Real Estate Blog:

People talk about running the numbers before buying an investment property, but before doing that we need to discover what are the numbers and how do you get accurate numbers.

Find Another Real Estate Marketing Strategy - Finance and Real Estate Articles:

There are essentially 5 steps to being successful in real estate marketing. The moment that you are able to find your own deals- on demand- the more money you will make!

What Would Cause A Property To Be Under Rented - Finance and Real Estate Articles:

A common mistake of investors is the way they evaluate a potential investment properties.

Tuesday, August 19, 2008

Join A Local Real Estate Investment Group

Category: Finance, Real Estate.

Are you like me and have both watched and wondered about those real estate infomercials that are on television late at night? . No money down and get a house?



You know the ones I am talking about. Get cash back at closing? Because of my financial situation, (or more for fear of what my wife would say) , I never bought any of those courses. Spend 15 minutes a week, make$ 150, 000 a year? But I can tell you I have spend the amount that those tv ad programs cost and more on books. I will give some credit for trying.


And while I will tell you that books on different aspects of real estate investing have broadened my horizons, no one book ever put it all together for me. They painted a picture of what should be done( buy off of motivated sellers, people that need to sell, but at a substantial discount as compared to the retail price of a home) but all of them left out the part on" how" to perform such a feat. Taking vacations when I want, work when I want. If you are just starting out in real estate and have cable, you can t help having watched those" Flip this house" , "Curb Appeal" , and many other tv shows thinking, "Wow, even if I am just half as good as those folks, I am going to make a killing in real estate. " Then you start thinking, "You know I am vaguely familiar with what a hammer looks like, so why don t I just quit my job and 6 months down the road, I will be rich. In fact I am going to tell my boss today to take this job. " Well, you know the rest, because we have all had those thoughts at one time or another. And sitting here a year later, people look at me like I am some kind of" wunderkind" of sorts.


At the end of the day, I wish it were as simple as they make it seem. The things that seemed daunting to me when I began to invest are merely an afterthought at this point in time. My monthly marketing budget is more than some people make. Funny, how 25 homes will do that do you. To be sure, it wasn t always that way. To be clear, I am not here to toot my own horn. Looking back over the last 15 months, I want to impart to others who either are in the same situation that I was or just want or need to a change how they are going about the business of real estate investing to become even more successful than I have been.


I was making good money at the job I had. I missed important family functions both scheduled and unscheduled. But I was on the road 50 weeks a year to get it done. No matter what amount of money you make, you want a, at some point different way of life. But I would like to have some people after they have finished reading this article say, "Yea, I get it. I knew I did.


I understand what he was talking about. I am going to be a real estate investor starting. This time is different. NOW! " We all have the opportunity to be a real estate investor. After all, the largest expenditure most people make is a home. But fear usually comes into play at some point for all of us when it comes to real estate investing.


Making a mistake there can seem catastrophic. Well, she comes from a family that by and large needs the security of a regular paycheck coming in, a structured retirement program( she is going to start getting$ 150 a month next year on her program) and believes that health insurance needs to be partially funded by an employer. Remember that same fearful wife who I took into consideration when contemplating buying some of those tv real estate programs? In her nicest of ways, she would tell me all of those benefits were too much to give up on to do real estate investing. And those type of deals aren t a once in a lifetime experience. (Nor are they weekly either! ) So where do you start if you want to be a real estate investor? This is kind of amusing to me because in one deal the profit I made was over 75% of what I earn from my job. Be clear about the" why" .


I don t have a problem with that. I have had several folks having seen my success want to jump on and learn. There is enough business for everyone. They are quick buck specialists. But the question they have to answer before I take them on is: "Why real estate? " For some real estate investors were the stock day traders of a few years back. I am not saying you can t make money quickly here. But you also earn your money as well.


You can. So figure out for yourself why you want to do real estate. What are your financial goals? The answer may surprise you. People by and large get in this business to make money. But what type of money do you need currently? I know that.


If you don t have any cash, creating wealth isn t as important to you. You can re- evaluate it then. Determine where you are currently and where you want to be in six months. How are you going to make money in this business? This can be a moving target over time. The above two answers will greatly drive this. But I would recommend sticking to a certain model until you get comfortable.


If you are interested in additional cash flow, acquiring property might be a way for you to go. If you need cash, then flipping or bird- dogging might be for you. Analyze this fully. Find a partner if necessary to help you through the first few deals. Do you have the temperament and the expertise to be a landlord( and yes if you have managed these for any period of time, there is an expertise to it) Review your SWOT( Strength, Opportunities, Weaknesses, Threats) for your approach to the business. Get educated always.


Join a local real estate investment group. The laws are constantly changing. When you have all that done. While a lot of days will be good, you will need to remind yourself WHY you are doing this business on some days. Write it down on paper and put it into a place you will see it. That s a good start. But if you get the above done, I have found that you are way ahead of the competition.


Obviously, there is much more to the business than that.

Read more...

Inheritance Is One Reason That Many People Find That They Need To Get Rid Of A Property Quickly - Finance and Real Estate Articles:

There are many situations that you may find yourself in where you need cash and quickly.

Find A Home - Finance and Real Estate Blog:

Decide what kind of home are you looking for. What kind of neighborhood do you have in mind?

Time At The House Is Allocated By Lottery - Finance and Real Estate:

These questions determine what investing in a vacation home or timeshare will mean to you: How many weeks can you actually use it? Deeded Ownership v.

Monday, August 18, 2008

Hotels: The First Major Hotel Is On Its Way In Costa Maya

Category: Finance, Real Estate.

If you plan on investing in property in Mexico, you re most likely interested in what s in store for the area to get a feel for how much your property value will increase in the coming years. Those who get in early while these properties are still natural and undeveloped are expected to enjoy returns many times their purchase price over the next 5 to 10 years.



The most exciting outlook for Costa Maya properties is that the government is actively spending money to develop and revitalize the area for the purpose of raising property values and attracting tourism. Recent Developments: Over the last several years, many new developments have come to the Costa Maya and are already attracting tourists and buyers as expected. Additionally, the highway that runs through the Costa Maya between Cancun and Chetumal has recently been expanded. A new cruise ship pier has already been built and has brought a number of shops and eateries with it. The development of this 4 lane highway will be a major cause for growth in the area as more people travel south and learn about the opportunities of beautiful beach properties. This is luxury style development with amenities like a pool with a swim- up bar, and a 70, an outdoor theater, 000 foot shopping center. Shopping and Pleasure: With government backing, developers have literally been painting a new landscape in the jungles surrounding the cruise ship pier, and there is more development on the way.


This is just on the southern tip of the Costa Maya and plenty of similar shopping and entertainment plans are in the works for the rest of the 57 mile strip of coastline. The Mexican government plans to keep this area from growing into a typical tourist destination with sky scraping hotels. Hotels: The first major hotel is on its way in Costa Maya. Instead, to compliment the inherent natural beauty in the area, the area will be heavily geared toward eco- tourism. Planned Communities: Just outside of Majahual on the south end of the Costa Maya strip, properties are being primed for upscale, planned communities. For those that already own property here, this means the preservation of the natural flora and fauna that make this area so breathtaking.


You can see the formation of neighborhoods of single family homes on the way around the newly paved streets and boulevards. With only 57 miles of coast and already a great deal of interest, the lots will sell quickly. While housing developments will continue to grow Costa Maya beachfront properties are limited. Fisherman s Dock in Majahual: In the Costa Maya, fishing is an important source of revenue for many locals, but the wealth of sea life attracts recreational fishermen from all over the world. Those developing the Costa Maya region are well versed in tourism and community planning and have seen how places like Cancun and Playa del Carmen have evolved. The fisherman s Dock in Majahual is expected to be complete by the end of 2006 and will add to the area s eco- tourist attractions. The goal is to create a tropical paradise from the raw Caribbean beachfront.


Numerous investors, including the Oxford Club, agree that Costa Maya is the emerging new real estate hot spot. Today Costa Maya properties sell between$ 65, 000 US and$ 220, 000 depending on the location compared with 1M to 5M just north in Cancun. Those that grab these Costa Maya properties soon will not only get to enjoy a slice of Caribbean paradise, but also enjoy the satisfaction and reward of getting in on a great investment opportunity.

Saturday, August 16, 2008

This Is Where The Services Of An Estate Agent Can Be Invaluable

Category: Finance, Real Estate.

Moving house can be a stressful experience involving a lot of upheaval and effort. This is where the services of an estate agent can be invaluable.



Not only is there the selling of your house there is also finding the right house for you to move into. While you may think you know exactly what you are looking for, it is actually your estate agent who can put all of your plans into action and actively find properties for you. An estate agent will not only limit you to properties that you can afford, but will provide you with houses that meet your clearly defined criteria. Your agent should also be able to present you with properties in your price range, often when you are trying to find the right property it is too easy to forget the restraints of your purse. While there may be compromises to be made, the properties presented will generally be in your price range and match your criteria. The inside information that an estate agent possesses can be a brilliant resource.


If in built up areas such as London it is even more important to employ an estate agent as their local knowledge can be extremely useful. Such information can be considered as knowledge of the local area. Their expertise and unique information can be essential when you are involved in the process of finding a house. Issues such as the type of properties that are present in any one area, whether there are any good schools in the neighbourhood and information about transport links can all be important. An estate agent is especially important if you are thinking of moving to a new area. Local knowledge is something your estate agent should possess and should go beyond just knowledge of properties. Obviously your knowledge of an area will be limited and any help you can get will be strongly welcomed.


Information on the social life and local attractions such as parks should also be evident. By having this knowledge it should be possible to find out about the variety of services that are present in an area, and which of those services it is worth using. The knowledge your estate agent possesses should also include a contact base of local businesses and workers. Local agents should also be able to provide efficient and responsible workmen should any renovation work need to undertaken on the proposed property. On many occasions it is the agent that finds out about a property that is going up for sale even before it has been advertised. An estate agent is usually privy to information that you will not be able to find yourself.


With this kind of information it is often possible to find properties before they go on the market adding to your chances of being able to put in a successful offer. Ensuring they understand what your house will need to do in order to fulfil your living requirements, an experienced agent should be able to understand these and only give you properties that are viable homes. Naturally you will want to find an estate agent that suits your needs and is sympathetic to your requirements. It is also worth remembering that it is not just your immediate needs that should be met by a property, ensuring you plan for the future is essential. Without one trawling through numerous properties can sometimes be fruitless task. It is doubtless that a good estate agent is worth their weight in gold. Of course it is ultimately your choice of the property you choose to move into but agency services can supply you with lists of suitable properties that will cut out much of the legwork.


Any help you can get is a worthy attribute. After all, moving house is stressful enough.

Tuesday, August 12, 2008

This Is Also Why Many People Are Moving Into Dallas

Category: Finance, Real Estate.

You already know that there are real estate agents and realtors who will buy your ugly house.



Here are some reasons why: The city of Dallas has a debt of gratitude to the hit TV series by the same name, which gave it a great reputation among people who would be ignorant about the city otherwise. But why would these people buy ugly houses in the Dallas, Texas area? This is partly why Dallas was able to sustain a thriving economy during the 1990s when other parts of the US were going into economic shock. Dallas has artificial lakes distributed throughout its jurisdiction which allow families and individuals to enjoy their day taking part in various activities both in the water and on its perimeter. Dallas is now considered one of the prime real estate locations in the entire US. There are quite a few ethnic groups that have made Dallas their home.


The remaining percentage of the population was distributed among other ethnic groups like the Pacificians, and Native Americans, Asians. As of year 2000 census, around half were Caucasians, and 29% were African Americans. The cost of living is quite low here considering the high market price of real estate. This has put Dallas on the map as the 8 th Top City in the World based on number of billionaires. In fact, around 12 billionaires live in the Dallas area( most of them concentrated in the Preston Hollow, North Dallas region) . Dallas is a hub for the high- tech industries, and is now called the Silicon Prairie of the US. It even has a Telecom Corridor where the major telecom companies Alcatel, Ericson and Nortel, Southwestern Bell have based their operations along a three- mile strip.


The biggest employment centers in the US for these industries can be found in Dallas. The growth of the Dallas economy is fueled by the manufacturing, and high, electronics- tech industries mostly. This is also why many people are moving into Dallas. This allows many people to take advantage of job opportunities so that their standard of living can improve. Okay, so that may have convinced you that your ugly home in Dallas is located in a very good economic base right now. Good question.


But why would anyone buy it when it is so ugly? Your ugly home may still have some life in it- meaning, it may not be as bad as you think. The buyer then has two options- he can either sell your previously ugly home to another person or family and make a tidy profit. With a bit of imagination and knowledge of structure and design, as well as an adequate budget, the buyer who snatches up your ugly home may be able to bring out the potential that you just didn' t have the funds to bring out yourself. Or he can opt to live in it himself. If your ugly home is truly dilapidated and has no more use as a livable residence, then it can still be sold piecemeal for its components that other people may find value in. Either way, you have the satisfaction of knowing your ugly home is now a beautiful showpiece that has gained a second lease on life and is being taken cared of.


You might be surprised that that chandelier you thought too gaudy for words is considered a masterpiece by others who will have it re- finished and maybe hung in a ballroom or bar somewhere in Dallas. There is always hope while there is life- and that holds true even for ugly houses in Dallas. Or perhaps the stair balluster is so ornate that someone will have it installed on their own staircase. Think big as all Texans do and you may wind up with a fair profit when you sell your ugly house in Dallas.

In Summary, I Am Not Saying You Have To Buy In A Bad Neighborhood

Category: Finance, Real Estate.

When people call me, typically one of the first requests they make is for a house in a" nice" neighborhood. But there are some benefits to buying real estate in the rough part of town or on the wrong side of the tracks.



And this makes sense to want a neighborhood that is safe and enjoyable. This article highlights some of the benefits of buying in a" rough neighborhood" . - There is less worry of your neighborhood going downhill because it is already downhill. Since the price usually reflects the current condition, buying in a neighborhood that has room for improvement might be a good idea. - If you are buying a rental, you usually get better cash flow in rough neighborhoods. Good neighborhoods can get bad and bad neighborhoods can get better. If you are renting your property, there are more renters and they are more long term. While its easier to manage a rental property in a nice neighborhood the investment benefits( better cashflow and appreciation potential) of buying real estate in a rougher neighborhood might make the extra work worth it. - You can look better in comparison to other landlords.


It's difficult to rent in good neighborhoods because fewer people are looking to rent and those who do are generally there short term while they look for a house to buy. Landlords in rough areas frequently don' t maintain their properties as well as people in nice areas. The benefits of this is that your tenants will be more likely to stay longer. - If you are in a rough neighborhood, you can propose that your property change will improve the neighborhood and you have a better chance of getting a different zoning. Therefore, if you maintain your properties, you can blow away your competition. Conversely, if you are in a good neighborhood, it's hard to make the same argument. - You can buy more property. When the economy goes south, real estate in rough neighborhoods is less affected.


If you want to spend 500k, you can either buy one house in an upscale neighborhood or six or seven houses in a rougher neighborhood. - They' re more recession proof. In summary, I am not saying you have to buy in a bad neighborhood. But simply that if you are looking for a long term real estate investment sometimes its a good idea to wander over the tracks and look around a bit.