The Incredible Importance of Networking for the Real Estate Investor

Networking is an important skill in any business if the goal is a profitable business. The same holds true for real estate investing, at least on behalf of those who are serious about pursuing real estate investing as a business rather than a part time hobby. Either way, in all honesty, the ability to network for potential business partners, investors, and join ventures along the way can be critical to providing the type of diversity your real estate portfolio needs in order to be solid in a market that is nothing short of volatile.

With the recent collapse of the sub prime lending market, networking has become more essential than ever before for real estate investors. Networking can not only lead you to potential properties that might prove profitable but also to people who need your specific specialty or may be looking for a property you have access to. Even if you share your profits, as long as you are also sharing the workload, you can find a very favorable working environment when you join someone else in a venture such as wholesaling properties, offering lease options, or even working together on a quick flip situation (though caution and clearly defined parameters are best in any of these situations it is critical when flipping a property).

Whenever you have the opportunity to network with other real estate investors it is in your best interest to do so. Dont limit yourself to only networking with those who engage in the same sort of investing you are most comfortable with as diversity is important to all real estate portfolios and you never know when an ideal flip will come across your desk that you can pass along, while making a bit of a profit from the transaction of course (to a flipper) or a perfect buy and hold unit will catch the eye of someone who generally purchases properties with the intent of flipping. Contacts work both ways and you can all stand to profit from the eyes and ears of others, whether as a joint venture, equity sharing project, or simply acting as business partners on specific projects for quicker results and an extra set of hands and eyes on the job.

If you arent a part of a real estate investors networking group in your area, take the time to find them and join. The contacts you will make are invaluable if you intend to make real estate investing your primary business now or hope to make it your primary source of income in the future. Join as many groups as possible today (locally and within a reasonable driving distance) and see what a difference they make in the volume and scope of your real estate investing business.

Investing in Real Estate with Assurance

A real estate business is a safer investment compared with stock market venture. However, there are potential risks that might discourage you along the way, such as increasing crime rates and businesses closing nearby. Those factors influence the flow of revenue in your company. Without proper planning, real estate will not be as fruitful as you expect it to be. Research and organize first before making any decision.

Fill your company with professionals. Expert insights will keep your company stable. Hire licensed employees and do not compromise until you know the investments is to be expended optimally. Hire people who are bound by legal and ethical regulations of the industry. Make a list of the major professionals that you need in establishing the business, including salesmen to do marketing and sales, lawyers to draft and analyze documents, and building inspectors to make sure everything is of good quality.

Invest correctly by defining a budget. The money involved in the investment must cover the current expenditures plus other obligations. It must cover the cost of hired professionals, additional construction and renovation costs, and probable future market for real estate sales and rentals. Make a flexible budget to last long in the industry.

Your investment can come in different types. Choose one according to your personal research and will generate profit in no time. Purchasing a property for a discount because of its physical condition and making cheap repair and remodeling and selling for a higher cost can be good ideas. It will turn around quickly depending on the marketing strategies you will set.

Big real estate investments often involve financing. If you think the investment is on a stable ground, opt for financing. This will support you not to compromise for less based on your financial capabilities. This is also considered a good , as it will allow you to provide all amenities in their best forms after properly considering financing options.

It is also a good to clear all debts that tarnish your credit rating. Define the exact amount you need and calculate the probable amount you can get from a financing program based on your credit score. In that way, you will know what to expect and eventually mitigate or remedy any problem that might arise.

Real Estate in Harrison AR as an Investment

To quote Edgar Allen Poe -It was the worst of times, It was the best of Times-. The worst of times is painfully apparent. An economic downturn fueled by the housing crisis has resulted in historically low interest rates and declines in home values. Even has been drastically affected by economic downturn. However this has made it the best of times as far as real estate income competing with Certificate of Deposits or other fixed rate investments.

As you see, currently all over the country home values are lower cause of economic crisis around the world and also media reports done some damage too. But in the long term it’ll again continue to rise up at least same level it was. And it’ll result an appreciation of 5 to 6% profit on investment on real estate in a calendar year. Thus, it is now the crucial time to get a real estate property. The old rule of thumb for residential investing was to search for property that would rent for one per cent of the purchase price per month. In other words, a home purchased for $70,000 would need to rent for $700 per month. Rarely do these numbers come together these days. However, with interest rates so low, that formula can be modified and still achieve a healthy return on investment. For instance a house purchased for $65,000 rented for $550 per month would give a gross return of 10%. Allowing for maintenance, taxes, and insurance one should still be able to achieve a 7% net return. There are also tax advantages to consider and should you decide to leverage (use some borrowed money) results could be even better. There is no guarantee of course and management is required. Harp and Associates does have a property management service if you want to only be an investor. To avoid costly surprises I recommend a maintenance fund be set up and funded each month. This fund is used to cover repairs and protect against a month when the property is vacant. We are always glad to discuss . Whether it is about rentals, purchasing, selling, or investing, we are here to assist you in any way we can.

Harp and Associates Real Estate Services

Dunedin Real Estate Your Dream Property Is Within Your Reach

Sometimes referred to as the southern gem, Dunedin is the South Islands second biggest city, characterised by a unique Scottish feel and architecture imposed on it during the time of New Zealands colonisation. Surround by beaches, forests and dramatic scenery, Dunedin is noted for its youthful and charismatic population being attracted by the educational and tertiary facilities contained within. With a population of just over 125,000, the city is one of the best preserved Victorian and Edwardian cities in the Southern Hemisphere. Becoming a desired location for students, families and businesses alike, the demand for Dunedin real estate is increasing at above average rates.

According to the latest Quotable Value New Zealand figures, southern Dunedin real estate figures have surged, recording the highest percentage increase in the country. The southern region extends from Waverley to Green Island, including the suburbs of St Kilda and St Clair. The figures illustrate that the area has experienced an increase in home values by 8.7% with an average sale price of $264,000. Likewise, Dunedin overall, showed a 4.9% increase in property values with the average sale price rising to over $276,000.

The increasing prices are a direct result of increasing demand. As many of the main centres in New Zealand are experiencing continued growth in house prices and valuations, Dunedin is presenting itself to many as an attractive option. With the average house price in New Zealand just a little under $410,000, properties in Dunedin represent real value in the marketplace where many families are struggling to find suitable and affordable housing options. According to Glenda Whitehead from QV Valuations, some of the increase in market activity in Dunedin is due to a rise in purchases by existing homeowners, who realise the benefits of purchasing prime real estate at well below national averages.

There are many advantages to purchasing Dunedin real estate, apart from the scenic and natural beauty that the city is surrounded by. With the security of tenure, you will be able to enjoy the cycle of the real estate market, accessing capital gain as the property naturally appreciates. If, like most kiwis, you enjoy a little do it yourself (DIY), then additional capital gains can be achieved through renovations. There is nothing like the sense of pride that comes with homeownership. The freedom and ability to personalise your property to suit your tastes and requirements has long been an aspiration of nearly all New Zealanders. However, with the current price hikes in property prices, renting is fast becoming a reality for many who cannot afford the deposit or repayments on their first home. However, Dunedin is offering the consumer real value and choice. Why not consider a move to a new place, where the people are friendly, the amenities are first class and most of all, your dream property is within your reach.

Bubble Schmubble, Real Estate Investing for Now and Forever

The real estate world is still being bombarded with the luminous thought of the real estate bubble bursting or popping or whatever it’s supposed to be doing. High priced markets and hot areas like Miami, Las Vegas and Phoenix have certainly seen a recent decline in pre-construction and condo flips but investors haven’t left town just yet and if they have let me know because I’ll be there on the next flight. New investors don’t have to be afraid of the bubble hype; they simply need to understand that real estate investing is about strategy and education. The right strategy will push you though any bubble or market. You simply need to educate yourself on what strategy is going to work for you. One of the big factors you should always remember when investing is that you make your money when you buy, not when you sell. Taking a gamble on a hot new market and its appreciation is just that, a gamble. If you buy a property at 30-50% below after repair value or fair market value today, your investment and return will only grow from there. You don’t have to wait for the appreciation. It’s already there. If the market grows in value, that’s just a bonus. If you’re a flipper and your worried about the potential bubble, then it’s time to change up your strategy. Now may be its time to find a tenant buyer or renter. In these markets, the key is to have someone else paying down your mortgage while you are building equity and even earning some positive cash flow. As the interest rate continues its climb up again more and more people are going to find themselves in trouble. Those who took advantage of the adjustable mortgage rate that was a deal a few years ago will soon be looking for a way out. Renters looking for their first home will now have to wait a little longer unless you are ready and able to help them. I believe the so called bubble markets are soon going to be a virtual candy store for the savvy investor looking to take advantage of the worried investor or homeowner looking to dump their investment for something better. Almost every late night real estate guru preaches the key to making money in real estate is finding a -motivated seller.- In these markets people are going to find themselves more and more motivated as time goes by. Divorce, bankruptcy and death show no bias so be ready. If you want to stay in the investing game, stay on course, buy low and smart and rise above the bubble hype to stay educated on all the different ways to truly make money in real estate investing and wealth building.

Robb is an active real estate investor, marketing, social media, internet marketing analyst, writer and local business consultant. Robb helps businesses optimize their online and local presence to increase revenue. e.

Yucatan Real Estate for Living Your Colonial Dream Buying or Renting

When you decide to make the beautiful colonial Paradise of Yucatan your new home, you will need to decide of you want to buy a Mexico home for sale, or work with Mexico rentals. The good news is that Yucatan real estate offers good options in both, and both have clear advantages.

When you decide to make the beautiful colonial Paradise of Yucatan your new home, you will need to decide of you want to buy a Mexico home for sale, or work with Mexico rentals. The good news is that Yucatan real estate offers good options in both, and both have clear advantages. The following are some questions to ask yourself when you come to the point of making this important decision.

Will you be staying in Yucatan all year round?

Are you staying all year, or only heading down for the winters? Or perhaps only for a few vacations every year? Those who are moving down permanently (for retirement, investment, relocation, etc.) will often lean towards buying and owning a home. Those who are coming and going, my find it just as advantageous to find a reliable rental service to find a property suitable for each visit. Of course, this could still easily go either way.

How many funds do you have to invest upfront?

Buying a home is often considered an investment since it offers savings in the long term. However, while you dont need to come up with the full amount (30% is usually required for a mortgage or financing), you do need access to these funds and you need to be sure that you can comfortably afford to invest at the moment. Renting offers a way to start enjoying life in Yucatan while you continue to save up to buy.

Do you have a specific idea for a dream home?

Rentals offer a variety of choices, but those who have a very specific idea of what they would like their colonial home to be like often choose to buy a fixer-upper and remodel it to make it the home of their dreams.

Do you enjoy projects?

If you choose the renovation option, you have to enjoy personal projects. While the work will be done by professionals, and you can even hire an architect to oversee the project, you will still have to make the final choices of how things will be done, when, etc.

Do you like to take your time to search?

If you prefer a longer time to view homes and wait for that perfect property, you might want to consider a rental while you search. This option can be easier when you work with an agency that offers both sales and rentals.

Whichever option you choose, you will be enjoying a very relaxing, low-cost lifestyle in a charming colonial setting. Talk to an agency which works in both to help you.

TOPMexicoRealEstate.com; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

The rising star real estate company in India- Mona Townships

Amidst the slowing economy, decreasing real estate demands, falling share market of India, every day or the other we keep hearing here in India that the boom in the building real estate is almost gone. Driving your car in Delhi, India and the stuck in traffic jams on the city roads you wish to listen to some soft live music on the radio and there comes and advertisement from a company XYZ promoting its awesome flats of 2 BHK and 3 BHK as never seen prices, you come to know how desperate they are to sell even a single unit.

A single 2 BHK, Bedroom Hall Kitchen in India around Zirakpur/ Chandigarh around an year back could cost you around 40- 45 Lakh Indian Rupees, but after the slump and the fast decreasing demands in this sector, we see builders coming up with various offers such as a car free with a 2BHK flat in zirakpur, straight 30% discount. 20% down payment and the rest you can ask the bank to keep chasing you.

Some might even offer their kidney if you buy a flat. Sorry, jokes apart, but the lucrative offers are too true to be believed. The real estate mafia here in India would almost do anything to get their flats sold. Take an initial payment from you invested and promise you a possession in the coming 2 years deadline, and then you keep waiting for them to finish the buildings on time and give you the possession.

Yet amidst these suppliers or the so called big giants of real estate, you will find a few good players in the middle, who stick to their very basics and try to give you the best of the value for your money. One such name is Mona Townships Pvt Ltd. Mona Townships is a private limited company with its registered office in New Delhi, India and focusing on one of the most fast developing and demanding areas of India.

One of the prime projects developed by Mona Townships MTPL, under the expert directorship of Mr. Setia and his intellectual sons, Sagar and Akash Setia, are and . The apex projects were almost booked for a great percentage at the time of starting itself and the demand and acceptance of these flats were so good that the company planned for a similar growth under the same name as Mona Greens II.

The success of these flats can be heard from mouth to mouth the VIP road in between Zirakpur and Chandigarh. Mona Townships, the rising star in the sector of real estate in India and the Tricity.

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