|
|
|
Realestate
Realestate News and Article |
Real Estate Rentals - Sell For More
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
 Selling real estate rentals isn't like selling houses. You can paint a house, and get a little more because it looks nice. Rental properties, especially larger ones, are different, because they're bought by investors, who look at income more than new paint. Raise the income, and you increase value to investors.
Time to learn about capitalization rates. If investors in your area expect a capitalization rate of .08 it means they want a net return (before loan payments and taxes) of 8% on the purchase price. So if your three-plex generates $12,000 net income annually, they'll value it around $150,000 ($12,000 divided by .08). If you can make it generate $16,000, you make it worth $200,000.
More Income From Real Estate Rentals
Raising rents is the obvious way to boost income, if you can justify it. See what similar units are renting for. If your units are $60 below the going rate, you can raise the rents and not lose your renters. Increasing the rent $60 for three apartments means $2160 more net income annually. With a .08 cap rate, you just added $27,000 to the value of your property.
|
Read full article |
Creative Real Estate Investment
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| An example of creative real estate investment? When I was young, I had a job that paid $3.40 an hour, and I somehow saved enough to buy my first piece of real estate - 2 acres near where I lived. It cost $3,500.
I spent a few hours removing brush, outlined a driveway with logs, and hand painted a sign. Two weeks after I bought it I sold the land for $4,750, with $250 down, $100 per month, at 11% interest. With the capital gain, my annual return on investment was over 20%. This was my first real estate investment.
Creative Real Estate Investment - The Key
I bought the land cheap, because the seller needed fast cash. I solved his problem. I sold the land higher than the market value because the buyer needed easy terms. Second problem solved. Solving problems is the key to creative real estate investment.
Cell phone companies, radio stations, police departments and others need hill tops for their towers. The problem is that they can't tie up their capital buying them. One creative investor found a way to solve their problem.
|
|
Read full article |
Real Estate Investing LIES Unveiled
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Let's get REAL about something - and quelch the LIES you have been told about Real Estate Investing…
What I am going to reveal to you are some basic truths about Real Estate investing - truths that may totally affect the Real Estate investments you have now - and certainly I intend to modify the way you do Real Estate investing in the future.
Let's get right to it - and into the heart of the real estate investing issue…
You have been programmed all your life to become what you are today - from school, friends, relatives and, yes, your parents.
Recent studies show that you are who you are now, more from what you learned prior to age 8 than in anything else you have learned since.
Now, that may surprise you, but it is true that what you learned at the earliest ages affects the way you make Real Estate investments today, and the type of Real Estate investing success you will have going forward!
|
|
Read full article |
Real Estate Website Scams
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Many still say the Internet is like the Wild West. When it comes to the proliferation of scams, this is certainly true! As webmaster for over two dozen legal, real estate, and other business oriented websites, we receive a lot of email and phone solicitations. Often our clients ask our opinion on an Internet service or software product. We have researched and found the majority of offers directed toward real estate firms are what I call the half-truth variety.
It is interesting that these offers directed at small to mid-size firms are like live Internet viruses, they seem to mutate over time. The core remains, but, the exterior packaging (a.k.a. sales pitch) appears totally different.
One of the most enduring of such Internet scams is the offer to list your real estate site in an Internet real estate directory at what appears to be a huge savings over a legitimate real estate directory. The perpetrators of such scams provide impressive ‘traffic’ figures, and in many cases, even show that their directory is listed on the first page of a major directory.
|
|
Read full article |
Real Estate Margin Calls
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Have you ever heard of a real estate margin call? You know about stock market margin calls. That’s when you have bought more stock than you have money and borrowed from your broker to buy extra shares. You bought $10,000 of stock, but only have $5,000 in your account.
It is great as long as the shares continue to advance. If the stock declines by a certain percentage the broker will call you to send in a check to cover the shortage. Hence, a margin call. If you don’t send in the money he will sell out your position and you will have a loss which you must pay. Many people send in money and continue to do so if the stock declines.
All professional traders will tell you, “Never meet a margin call. Sell.”
In real estate we all (most of us) have that thing called a mortgage. We bought that house on margin. As long as you send in the money every month you may remain in the house.
|
|
Read full article |
How To Find The Right Real Estate Agent In Cyprus
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| If you are looking to buy property overseas, the process can be fraught with uncertainties and worries as you look for that dream house in an area in which, to be frank, you're not all that familiar. Here, Cyprus is no different. So, how do you go about finding the right real estate agent in Cyprus?
First off, authorised real estate agents in Cyprus need to be both licensed and registered. However, not speaking the same language as you do, and having their fees paid for by the seller, may give you serious cause to wonder whether they have your best interests at heart or the seller's! If this is the case, then your first port-of-call should be the Cyprus Real Estate Agents Association ("Association"). While the Association may not be able to give you conclusive evidence that your chosen real estate agent is either the best or worst in the business, they should speak English and should be able to give you some reassurance towards calming your worries. Also, with the European Confederation of Real Estate Agents trying to harmonise the standards of real estate agents across Europe (which these days includes Cyprus), the Association should be able to give you the name of some reputable real estate agents in the area where you are looking.
|
|
Read full article |
Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID!
Of course, the first questions that you must answer is how emergent is your need for quick cash? You can likely generate the most SHORT TERM cash by selling a freshly rehabbed house. But, you will give much of it away in taxes come next April.
If you keep it, you stand to make more! You will also enjoy some great benefits while you own it such as cash flow, a tax break, and MORE cash with the future appreciation. You can still pull some nice cash a few months after buying it when you refinance (post rehab) the property from your hard money (at 70% loan to value) to long term financing (at 85% or 90% loan to value).
The short answer is an investor is going to make considerably more money by hanging onto a property after it's rehabbed. There is a downside to it. You have to be a landlord, and you have to decide if you want to do that. I don't think it's too bad as long the landlording is done correctly.
|
|
Read full article |
Buying and Selling Real Estate: Ten Tips
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Real estate is changing hands in ways that make headlines. Whether you’re a buyer or seller, here are some tips to help you make the best deal.
BUYING:
So you want to buy a house? In this market? Are you nuts? Actually, it depends on where you are. You could be very shrewd right now if you pick the right spot, the right pricing trend and bid aggressively. It requires homework, homework, homework.
Example: My wife scoured a market, screening 90+ houses. We eventually found a fixer-upper for $162K. We offered $160K the same morning it was listed. They took it on a handshake. One year later—with no improvements!—we sold it for $208K. For those of you without a calculator, that’s a 30% return on the investment.
|
|
Read full article |
10 Tips for Successful Real Estate Property Investment
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that doesn’t mean that profits from property investments are hard to come by.
Even during a real estate market slowdown, stagnation or depression profits can be made locally and overseas. This article shows you the top ten tips that real estate investors apply to their property portfolio building strategy to ensure success from their investments.
1) Research the curve - the concept of a property market cycle existing is not myth it’s a fact and is generally accepted to be based on a price-income relationship. Check the recent historical price data for properties in the area of the country you’re considering purchasing in and try to determine the overall feel in the market for prices currently. Are prices rising, are prices falling or have they reached a peak. You need to know where the curve of the property market cycle is at in your preferred investment area.
|
|
Read full article |
In a Town Called Google The Keyword Is Real Estate
Published : November 07, 2007 | Author : newssrc | Unrated |
|
|
|
| The late Conrad Hilton who built a chain of hotels across the world, was firmly of the belief that if he built a hotel in the right location it would make money. “Location, Location, Location” was his motto. Never build a hotel where there ain’t no traffic.
The same rule applies on the Internet. Build your site in the right location and it will succeed.
So the question is: “how do I find the right plot of Internet real estate on which to build my site?”
For the purposes of this exercise I would like you to imagine a smart seaside town called Google.
Along the sea front and around the marina, where the luxury yachts are parked, are smart hotels, casinos and apartment blocks. At street level in each of these buildings there are international shops like Tiffany, Gucci and Prada selling luxury goods.
|
|
Read full article |
|
Random Pick |
|
Hawaii is made up of several islands and Kauai is one of the most famous and certainly has many activities to occupy tourists on vacation. In fact, Kauai has so many things to do that you may not want to travel to any of the other islands because you are having so much fun! In fact, the Hawaiian island of Kauai is the oldest of all the Hawaiian islands and is known for its dense and beautiful foliage and flowers as well as its amazing strands of beaches. Whether you are heading to Kauai on a family vacation, honeymoon or business trip you will find plenty of activities geared to you. The following suggestions are just a few of the many activities awaiting you on tropical Kauai island.
Kauai Activity #1 Helicopter Ride
A helicopter ride is an amazing experience in itself, but when you are flying over the breathtaking landscape of Kauai you will certainly be blown away. The reason is because on the helicopter ride you will get an up close view of the most amazing waterfalls, cliffs, and foliage you have ever seen. Another benefit you will receive when taking a helicopter tour is an up close view of Mountain Waialeale, which without taking a helicopter tour you will be unable to see. This activity can be a little on the expensive side, however if you want to take the most amazing photos you should definitely do so. |
|
|
|
Statistics |
| » Total Articles |
996
|
| » Total Authors |
6
|
| » Total Views |
115833
|
| » Total categories |
58
|
|
