Real Estate Blog
Persistence is Key for Real Estate Investors
Just like every successful salesman knows by now, the key to closing deals is being persistent and knowing when to give your potential customer that extra push. Real estate investors too should employ persistence as a tool that can benefit them in their career. Whether you’re a part-time investor or a full-blown real estate pro, the power of confidently convincing others can’t be ruled out.
Real estate investors could do well to close as many deals as they can. With each deal you get income, and signing on more deals means that you’re never at a loss for leads. You have your hands full, and your career is all the better for it. You follow up on leads, and you get to interact with all sorts of people.
What is Real Estate Investing
For many individuals, real estate investing is an alien concept. This is true even for people with experience in stocks and bonds, mainly because real estate is an alternative asset, as opposed to stocks and bonds that are categorized as standard assets. Real estate, as a result, can be difficult to access and afford. Fortunately, things are starting to look up.
Real Estate Investing Should Not Be Avoided
Unfamiliarity with real estate investing should not prevent any one from taking advantage of said opportunity. It can be a very lucrative and sustainable way of generating revenue, and can supplement one’s portfolio due to a number of benefits unique to real estate, such as:
Real Estate mistakes
As a real estate agent, your job is to help your clients get what they desire. You also have to guide them through the entire process and at the same time work hard on your part with some serious due diligence. Similarly, you also have to take your fiduciary duties seriously. But real estate is an enormous field and one never knows what hit them. You need to be prepared for randomly occurring bad events and also help your clients avoid them. Personal safety is often overlooked in real estate. This can prove to be a grave mistake on part of the real estate agent. At the same time, transactions can be dangerous for the seller clients too, and often they count on you to tell them about the pitfalls that lie ahead.
What Real Estate Training Offers?
Get ready to begin your investing career from here!
We offer a free workshop that can alter the way you reflect on the money. Our free workshops are eye-opening, involving two-hour sessions with the explicit potential to bring variation in your life for the better.
Cost Segregation Meaning and its Benefits!
Cost segregation meaning can be easily learned that it is a criterion for identifying assets with their costs and ordering those assets according to federal tax purposes. Cost segregation enables to classify the commercial building costs as a personal property or land improvements, which were previously being rated as a 39-year depreciable life, in relation with a 5, 7, 15-year rate of depreciation with the help of accelerated method. The buildings used for residency including those for multi-family are based on a 27.5 years life. This engineering-based study prevails the building owners to depreciate the new or already present structure in a short interval of time under the accepted and existed tax laws.
The Power of Leverage in Real Estate– Part 1
Buying real estate is more than shopping for properties. As an investor, you really have to get to the bottom of things and make sure everything is crosses checked multiple times.
Making your first real estate deal can be intimidating at first. The idea is to leave behind such thoughts and take a shot at investing in real estate.
Over the course of time, real estate has established itself as a great place for investors to park their money. In every person’s life, there’s a time when they have to indulge in a real estate transaction of some sort. Many people see it as an opportunity while others run away from it.
It can be argued that real estate instills far more power within its investor as compared to other investment opportunities. Even after the market fall in 2008, people still think for real estate as a reliable income source.
The best thing about real estate investing is the power of leverage you get. Let us take a look at it in detail.
Powerful Real Estate Valuation Methods
Real estate is an art. From finding your listings to closing a deal, everything needs to have an artistic touch to it. When it comes to property valuation, things can get tricky. Before looking at ways to access value of an investment one must keep in mind that all the available methods have been tried and tested and their use is subjective to people and people only. A real estate investment property is like a money machine. It revolves around three main parts- income, expense and financing. Keeping all these in mind, let’s look into the different methods that we can use to determine right value for a property. A real estate investment property is like a money machine. It has three main parts: income, expenses, and finanacing. The value of that money machine is determined by how these three parts interact. So, doesn’t it seem logical that the most effective method of valuing a rental property would take into consideration all three parts? With that in mind, let’s look at five valuation methods used in the marketplace and discuss the pros and cons of each.
Marcellus Shale and Real Estate
For those of you who know what Marcellus Shale is, you probably are already know that you are sitting on a land of huge financial potential. For those who are new to this topic, let us explain what Marcellus Shale is? What is its relation with real estate? And what do you need to know about it, so that you can utilize its earning potential. Marcellus Shale is the formation of shale rock that starts from New York and reaches out to Pennsylvania, Ohio and West Virginia. These rocks were formed due to geological process and they happen to have natural gas trapped between the rock’s pores. It is said that these rocks contain enough gas to meet the 14 years energy demands of America. Through the entire area, many people are currently residing and as a real estate agent you need to let them know of what they are sitting on. You need to help them understand gas rights, royalties, rules and regulations. A long time ago, many people were unaware of the potential this land has. But now, it has become valuable for not only oil and gas companies but for the real estate industry as well.
Here are some important things you need to know about the Marcellus Shale and its connection with real estate
Features That Will Make Your Rental Property Irresistible To Families
If you’ve been in the rental property business long enough, you understand that kids are high-impact on the properties. This could get you thinking why on earth a landlord would strive to attract families. If you’re contemplating on this, we got you covered. The main reason for landlords to go out of their way to attract families to their rental properties is because families tend to have longer tenancies. Unlike young adults who move frequently, families tend to prioritize stability. Both parents and children prefer setting down roots and settling in a home where they can grow. Moreover, families are the larger and growing renter population. Therefore, if landlords can target families effectively, they can enjoy low turnover for renters. How can landlords target these families?
How to Find Short Sale Listings Easily
To find some of the best deals in real estate, resourceful investors often rely on short sale listings. The real trick is in knowing how to find short sale listings whenever you need. In fact, most real estate investors are opting for short sale listings more and more as they enjoy a reputation of helping all parties that are involved in a transaction.