Energy foods from around the world – Norwalk Hour
July 31, 2008 on 12:01 am | In Real Estate | No CommentsEnergy foods from around the world – Norwalk Hour
With bars and beverages that promise to enhance your athletic prowess taking up ever greater chunks of retail real estate, it would be easy to mistake energy foods as a modern phenomenon. But the belief that consuming special foods can enhance
General Growth Properties, Inc. Releases Second Quarter 2008 FFO and – MSN MoneyCentral
Core FFO is defined as Funds From Operations excluding the Real Estate Property Net Operating Income (NOI) from the Master Planned Communities segment and the (provision for) benefit from income taxes. Core FFO for the second quarter of 2008 was $228
Real estate slump is a boon to conservation deals – WTOP Radio
CHARLESTON, W.Va. (AP) – Hard times for real estate developers means good times for conservationists as plummeting property values put tens of thousands of additional acres of historic and scenic property within their reach. While not every market
Real Estate on the Internet: Searching and Researching
July 30, 2008 on 1:00 pm | In Real Estate | No Comments>
According to the National Association of Realtors (NAR) 80% of people interested in purchasing real estate use the Web in their search. If you are looking for homes for sale it can be a very daunting task. The Internet is a very powerful medium and is very useful to doing just about any research, the purchase of real estate is no exception.
Buying a house involves many different aspects, and the Internet can help you with most of them. 1. Area Research: If you are planning to buy a home in a certain area you are probably interested in finding out about the schools in the area, crime statistics, demographics, etc. If you are coming from out of state or from an area a major distance away and you don’t know specifically which town you would like to move to you could be broad in your search. For example: If you are moving from Ohio to New Jersey and you know you want to buy a home in Central New Jersey then you can go to Google and type in “Counties in New Jersey.” Once you see a map of the counties you can search within the county that you’re interested in and search Google again for “Townships in Ocean County NJ.” Then you take that list and search again to find the crime statistics etc. It takes a little time but you need to know this information so you don’t waste time looking for a house in an area that doesn’t match your needs.
2. Financing Real Estate: Obtaining a mortgage involves different aspects. You want to find reasonable rates and analyze your monthly payments. In addition, and also very important, is receiving a mortgage pre-approval. The pre-approval is important when dealing with a Realtor; a real estate agent will often expect a mortgage pre-approval in order to show a house and usually when you want to give an offer on that dream home of yours. There are many mortgage calculators on real estate websites and, obviously, on mortgage broker and mortgage banker websites. To find the best mortgage rates you still need to shop around but the Internet makes it much easier, since most mortgage websites allow you to apply online.
3. Finding the Perfect Home: Now we finally get to the whole point; your interest in finding, and buying, that perfect house! You can be broad and search for “homes for sale in central NJ” or be more specific with “homes for sale in Jackson NJ.” This depends on if you know exactly what you are looking for. In the end, however, most of the real estate websites that allow you to search the Multiple Listing Service (MLS) offer a broad area to search from. MLS’s can span multiple counties. Once you find a real estate website that covers your area, and you are comfortable with, you can inquire about the individual properties for sale from that Realtor. I hope this helps in your real estate search. Happy hunting!
Copyright 2005 Cy Yablonsky. Cy Yablonsky is an Associate Realtor with Othello Realty, you can visit Othello Realty at www.OthelloRealty.com. Feel free to reprint this article but you must include this paragraph and all links must be live and working, no changes can be made.
About the Author
Copyright 2005 Cy Yablonsky. Cy Yablonsky is an Associate Realtor with Othello Realty, you can visit Othello Realty at www.OthelloRealty.com. Feel free to reprint this article but you must include this paragraph and all links must be live and working, and no changes can be made.
A Simple Plan for Starting a Business of Real Estate Investing
July 30, 2008 on 3:02 am | In Real Estate | No Comments>
Starting a business of real estate investing – whether you work out of an office or a ‘home based business’ you run out of a corner of your bedroom, you can drastically change your life, and your income in as little as 10 hours per week – all through a very simple plan of real estate investing.
It is possible to become successful in real estate investing in a short time and, even when starting a business of real estate investing, you can find the time without crimping your current lifestyle!
Starting a business of real estate investing with a simple plan.
1. Groundwork of your simple plan is crucial when starting a business of real estate investing.
I know, it is easy to say – and the truth is, it is easy to do! Most people get stopped when starting a business of real estate investing because they simply FAIL to plan. That’s right, it isn’t because their plan didn’t work, it was because they did not implement even a very simple plan!
To be successful in real estate investing, first find someone else that is successful in real estate investing, watch them, interview them, find out everything you can about what they did when starting a business – and write up a simple plan of what they have done to be successful in their real estate investing – something that you can follow each day.
In order to have what they have, you need to do what they do, so find out what percentage of their day is spent on the telephone, for instance.
Find out how much of that time is spent on making calls, receiving calls and the type of calls they are (Customer Service, making deals, etc.)
That gives you a good idea of what your total time should look like, when you are starting a business of real estate investing of your own.
2. The next step in developing your simple plan as you are starting a business of real estate investing is to divide your total time (10 hours per week is a great start) just like your successful mentor does.
Even if they put in a hundred hours per week, they still divide their time, just like you will, once you begin working your simple plan.
The ’secret to success’ isn’t in the hours – it is how you spend them!
Follow the simple plan outlined here to make the most of your hours and get the most out of everything as you are starting a business of real estate investing with a plan of success.
If your mentor spends 1/10th of their time making outgoing phone calls to find new business, then you need to spend 1/10th of the time you dedicate to your real estate investing business doing the same thing, a pretty simple plan, huh?
3. Set your Goals.
A clear destination is something you always do when starting out on vacation, isn’t it?
Then have the same thing in mind when you are starting a business of real estate investing.
Every successful person says to have a goal in mind so you know where you are going, and our simple plan gives you the steps to get there!
A goal is crucial in anything, and certainly when starting a business of real estate investing.
Without a destination (a specific income amount, a personal item like a car or boat, or simply an amount set aside in savings), how will you know if you ever arrived?
4. Track your progress.
You have your goal in mind, and a simple plan to begin. It is time to get into your 10 hours per week program and ‘backtrack’ to create a clear and simple plan to follow.
Take your goal (a clear date of completion and ‘destination’), divide it out and chart the required progress each day, week, month and/or year to quickly know what is required to reach your destination.
Follow your progress each day to know quickly if you are sticking to your original goal destination, or if you are ahead or behind schedule.
As you are starting a business of real estate investing, you will likely come across some detours, that’s OK (and where many people get lost… Do not!)
When driving, if you find a road that is blocked or a path that seems impassible, you simply find another way around, right?
The same is true when starting a business of real estate investing, just find another way.
Include in your simple plan a few hours here/there just for such ‘emergencies’.
If you have no emergencies, do something else that will get you closer to your destination, or just relax and enjoy where you are.
5. Spend time ON your business, not only IN your business.
In your simple plan for starting a business of real estate investing, you must set aside part of your working time to plan, set goals, promote and advertise your business, not simply work along in your business, doing the things you do.
In today’s world, when starting a business of real estate investing, you will most likely have a website. You need to spend a certain portion of your time (even 10 hours per week total) on getting more visitors to that website. The more people that see what you have to offer, the quicker your business will grow.
You could spend time driving from house to house, telling everyone about your website (not a very simple plan for your time!), or you can maximize your time by writing articles about your business and post them online where many people will see them (many online services promote articles).
This is often overlooked by people as they are starting a business of real estate investing, and one of the reasons they fail to make their simple plan.
As your business grows over time, you will do less of this (but never stop!) and begin to work your simple plan toward the ‘IN your business’ phase.
6. Give excellent Customer Service.
It never pays to make your customers angry. An upset customer will kill more business than you can imagine. Find a way to work with them, or simply give them their money back.
Losing customers is something you cannot afford when you are starting a business of real estate investing!
Many people simply don’t make the time to provide quality service to their customers. Do not let that happen to you!
A little up front planning and goal setting, then follow-through each week, then simply repeat the process.
You will change your business from flat to cash in a short amount of time!
Follow the steps above and it can be done in as much or as little time as you have.
When starting a business of real estate investing, if you follow the simple plan I have outlined here, you are already a success!
Steve Majors – The Lazy Investor Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ http://SteveMajors.com
About the Author
Before his wild success in Real Estate investing, Steve Majors fixed stereos, was a radio DJ and owned several successful businesses. Completing 40 deals his first year in real estate investing, he now teaches others the secrets of Real Estate investing with his very own LAZY methods (minimum effort = maximum results). Profit from articles, news and information from one of the most creative investors on the planet! http://SteveMajors.com
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