Denver Real Estate is Looking Good

Author: Joel McDonald
Source: articleage.com

Denver was the top searched city in the nation for October:
According to data from Yahoo.com, “Denver Real Estate” was the second most commonly searched real estate term in the month of October, 2005 (second only to “Florida real estate”). When you factor in that “Florida real estate” covers the entire state, and “Denver real estate” indicates people are looking specifically for real estate in the city of Denver, that’s a pretty impressive statistic.
Although Denver Property values have been somewhat stagnant for the past several months (and some areas have slightly declined) this statistic appears to be a strong indicator that the Denver market is still a highly sought after market. The fact that Colorado real estate was also a top 10 searched term for last month scores another one for Colorado in general.
Promising features of Denver:
Several surrounding Colorado cities and amenities add to the popularity of Denver as a place to live. Denver is less than an hour from skiing, and within 2 hours of a dozen excellent resorts. Travelers love that Denver is only about a half-hour from the airport, and the fact that there are 4 major sports teams (Colorado Avalanche, Denver Nuggets, Denver Broncos, and Colorado Rockies) doesn’t hurt either. In addition, there are several extremely competitive colleges and universities (Colorado State, Colorado University, Denver University, and Colorado College to name a few.) If sports isn’t your thing, Denver also has an excellent arts program, several fantastic museums, any type of dining you desire, and a solid real estate market.
About the Denver real estate market:
When moving to the Denver area from out of town, many people envision moving to Colorado and buying a cabin in the mountains, and are surprised to find that they can’t get that in the city limits of Denver (or in any immediately adjacent cities for that matter.) However, several mountainous towns (such as Evergreen, Golden, Conifer, Bailey, and Coal Creek Canyon) are close enough to get the best of both worlds — mountain living, and the conveniences of a big city.
If you’re curious about moving to the Colorado front range, visit www.AutomatedHomefinder.com for an instant view of the housing market. Other resources available are information on schools, entertainment, and the ability to compare the Denver area to the area you currently reside.
Summary of top 10 most searched areas:

Here is a list of the top 10 most commonly searched areas for real estate for the month of October. Search terms are ranked in order of popularity along with the number of searches, respectively.
1. Florida Real Estate = 78,554 online searches

2. Denver real estate = 65,752

3. San Diego real estate = 63,048

4. Las Vegas real estate = 57,951

5. Georgia real estate = 48,918

6. Louisiana real estate = 43,792

7. Colorado real estate = 42,845

8. Arizona real estate = 42,022

9. San Jose real estate = 38,865

10. Texas real estate = 38,110
Joel McDonald is the President of AutomatedHomefinder.com — a Colorado based website covering real estate from Castle Rock to Fort Collins.

The Australian Real Estate Market in 2006

Author: Rhiannon Williamson
Source: articleage.com

Australia has led the worldwide real estate boom and enjoyed record price increases over the past three years, but as 2006 gets underway many fear that the recent success of the Australian real estate market is not sustainable.

While the Australian housing market may well face a short period of economic adjustment, there are still ways to profit from the real estate sector in Australia. Real estate investors examining the market just need to look a little further afield than Sydney!

Perth in Western Australia is one city where real estate prices remain affordable and where demand for quality accommodation to buy and rent is increasing which is creating an exciting micro property investment market opportunity ripe for exploration in 2006.

The reason for Perthย’s sudden popularity from a real estate perspective springs from the fact that the city is enjoying a period of economic advancement led by a vast improvement in employment prospects. Local residents in Perth are benefiting from better paying employment and an abundance of opportunity, and the city is attracting a steady flow of inward migration as job seekers move to the city to take up offers of employment.

Historically Perthย’s real estate prices have lagged well behind those of Sydney and Melbourne for example, and the average home finance sought to purchase in Perth is around 30,000 Australian dollars less than the average mortgage taken out elsewhere in Australia. The lower priced accommodation is attracting more interest from investors from across Australia as well who are all seeking a housing market with legs left to run. Furthermore the real estate sector in and around Perth is enjoying interest from international real estate investors who can see the long term prospects available.

As demand for accommodation in Perth increases as the city welcomes new residents, so the prices being charged for rental housing are on the up as well. Anyone who purchases real estate to let out in Perth right now can cash in on this boom in rental rate rises and retain their property while the predicted period of property price growth develops.

Across the rest of Australia many first time home buyers have been temporarily priced out of the housing market as property prices have exceeded affordable levels. While the market readjusts over the short term there are fears that a rental accommodation crisis is looming in some of Australiaย’s most popular cities such as Brisbane and Sydney. This concern is of course leading to sharp increases in rental rates being charged by landlords who are well aware of how valuable a commodity they own.

While this is an unfortunate situation for those caught in the rental trap it is a perfect situation for an investor seeking immediate returns on real estate investments in Australia. Anyone who makes a real estate investment purchase in Australia with the intention to let out that property will not only make a strong income currently but they will continue to enjoy property price growth over the longer term as the market readjusts and begins to grow again in Australia in the medium term.

And finally, if youย’re interested in the real estate market down under and are not an Australian citizen, overseas buyers are free to own real estate in Australia that has been granted permission for sale to foreign purchasers; and you can rest assured that the purchase process will be straightforward because it is so well regulated in Australia.

Real Estate Agents Can Negotiate the Best Landlord Tenant Forms Terms

Author: James Kahn
Source: ezinearticles.com

Whether you want to sell your home or lease it, you will need to find a real estate agent. A Real Estate Agent is one who is licensed by the state to practice in the business of real estate. Real estate dealings can be quite complex and a real estate agent will help you deal with the difficulties that are inevitable in the selling or leasing of your house. They are there to ensure a smooth transaction and are essential to safeguard the value of your assets.

To look for a great real estate agent, you need to start asking around for referrals. Most satisfied clients are willing to share their experiences with you and make recommendations. This will give you an idea where to look. If you can, ask for as many referrals as possible and make sure to let those you ask describe to you the experience of working with a particular agent. You will not only know who to look for but you will also have an idea what a particular agent might be like even before you meet him/her. One other option is to look at online listings or ads on the newspapers. This will save you some time and will give you an instant idea of what particular real estate offices might be able to cater to your needs. It would also help for you to attend open houses. You can observe real estate agents without having to really consult with them personally.

When you have enough information, you’ll have a good picture of what kind of agent you are looking for and who might give you what you need. Consider the top three real estate agents you have in mind and schedule for an interview with each of them. A one-on-one interaction will help you gauge his/her capabilities and character enough for you to decide if you want him to be your agent or not.

If you really want to get your money’s worth, look for a residential agent who works full-time on landlord tenant relationships and and who has had a lot of experience working with landlord tenant forms. Ask specific questions about how he/she gets the job done for other landlords or tenants and why they might be the best agent for you. When you feel that he/she is qualified and meets your standards, consult with him/her your particular needs concerning real estate leases and how he intends to accomplish what you want. Ask how much he/she will charge and negotiate the price if you feel that the tenant’s offer is too low. A good residential agent will give you a reasonable compromise after taking in to consideration your specific requirements and his/her own capabilities with handling landlord tenant relationships.

James is an expert in writing about legal forms and documents that may help you when your in the search of the right legal document. He writes many articles about forms ranging from, power of attorney forms, landlord tenant forms, and most any legal form that you are searching for.

The Key to Real Estate Investing Success Revealed!

Author: Ben Innes-Ker
Source: articleage.com

How did you get into real estate investing? Did you read a book on it? Was it a seminar? A meeting of some sort with speakers dispensing real estate investing information, but really selling courses? Did you get really, really jazzed and pumped up by these simple (”not easy”) concepts that were delivered to you in parable form from the stage by a charismatic speaker?
Did you find yourself levitating to the back of the room, powerless but to slap down your plastic to buy the kits that were being sold there? Like, “Yes Mr. Ker we do take traveler’s checks. Yes, cash is OK too. “HEY BARNEY DO YOU HAVE CHANGE FOR A HUNDRED??” There’s your kit Mr. Ker. Good Luck!”
I have to admit that’s where I began. I attended a “conference” and dropped over a grand in two days. What I ended up with was a very funny course about Paper (i.e. discounted mortgages) and a more somber account of making a million five in eighteen months buying and rehabbing multi-units.
I listened to tapes for about four days straight, then went out and bought an HP12C financial calculator. I loved paper (the units can wait a while). I really got my head around it. I loved discounting on the calculator, I loved calculating yields. And the guy on these tapes was so funny!
I spent a fun couple of weeks learning the courses and I knew more than most bankers because the guy on the tapes told me so. I wanted to get started and get a note-closing-sweatshop going just like he described. I knew this stuff inside and out.
Two deals a week would be OK with me you know, I’m not greedy. Now where was it in the book that it showed how to find the deals. OK…here we go … Look up names at the courthouse, call Accountants, call Contractors, call Attorneys……hmmm.
To cut a long story short, I looked up five hundred names at the courthouse and sent letters to them, I made about five hundred phone calls to Accountants and Lawyers (setting up my “network”), and finally I found one note holder who was interested in selling. I made an offer, he said “no”, and I went home and went to bed for two weeks… too depressed to function.
All that work, and this guy just said “no”.
That was my introduction to the wonderful world of real estate investing. From there, I got into low income apartments and completely flushed myself down the toilet!
Five years later, after buying and giving back about 50 units, newly penniless, I discovered this thing called creative real estate. Control without ownership, solving people problems, use your brain to buy property – not your cash.
I had an acute appreciation for it, given my (expensive, and painful) landlording odyssey, but it seemed even with all this wonderful real estate investing information, I was still in very much the same position I had been in when I first got started.
The same position I stayed in, until I wised up, and the same position most real estate investors struggle with year after year because they don’t know any better.
That is: “I know all this real estate investing information inside and out. I know 100 different creative ways to buy a property. But I’ve got to suffer through things like lackluster advertising results, cold-calling, talking to hundreds of testy uninterested people, and dead ends, before I even get the chance to talk to someone who is half way motivated to sell.
This is a crossroads. The proverbial “brick wall” for most of us.
And this brings up an important point. Possibly the most important point to really “get” here. Knowing how to find motivated sellers is far more important than knowing 100 different ways to buy a house. You see, your business (and therefore your life) is going to be frustrating, stressful and unfulfilling unless you find a way to create a non-stop flow of motivated sellers calling you, every day.
Now, that’s obvious isn’t it?
Well it can’t be that obvious because not many people actually do it. You see, what I’m trying to point out here that there is a mental shift that needs to occur in your mind, a paradigm shift if you will, before you are going to make any serious money as a Real Estate Entrepreneur.
And what is this shift? It is: Instead of being a real estate entrepreneur, you must become a marketer of your real estate entrepreneurial business. That’s what it comes down to.
If you are in business, you need to make this shift in your thinking. Because no business is going to prosper, or be successful without a lot of customers.
Making this shift in thinking, in orientation, about who you are, focuses you on the singularly most important and financially rewarding aspect of business: marketing. The money is in marketing the business, not in doing the business. It may take a while before you really absorb this. You may have to think about it for a while before it really sinks in. Read it again. Take a minute.
Once you change your thinking to accept that you are a marketer first, and a Real Estate Entrepreneur second, you’ll finally be able to start making the kind of money you really want to make.
Accepting your role as a marketer is the thing that will move you out of the rut of occasional mediocre deals and up into a level of sustained success that would not otherwise be possible for you (although this is not what is taught in how-to-do-it real estate investing information).
And this is true of anyone in any other business or industry. The person or company who is most on top of their marketing, makes all the money, and dominates their market.
Look at Domino’s. A marketing machine! Very average pizza. But aggressive marketers, and they virtually own their market.
Look at Bill Gates (yes, I know, everyone cites BG). If you saw Accidental Empires though, a PBS documentary by Robert Cringley, you’d know that Gates was just one of hundreds of fanatical “techies” who were trying to make this computer thing work somehow. With his astute positioning and relentless marketing he rode Microsoft up over IBM to the $243B company it is today.
Of course this doesn’t mean you just market better and let your buying, negotiating and selling skills go to pot. You’ve got to be the very best property buyer you can be and run your office well too.
After all, your sellers and buyers deserve the very best treatment from you. But more importantly, doing what you do so well that people can’t resist telling others about you, is the purest type of marketing in and of itself.
Remember, it doesn’t matter how good you are if you have no Motivated Sellers to talk to.
Buying houses from Motivated Sellers with little or no money out of your pocket is the name of the game, and marketing is the thing that brings in the Motivated Sellers.
OK, so, marketing. Really fabulous! But, what does it mean? So far it’s just a word I’ve said 10 or twenty times, right?
Well, there are two types of marketing people typically use.
The traditional approach which, for want of any better way to go, usually involves just going out after randomly selected sellers. They haven’t been screened or qualified in any way. We just know they have a house to sell. We run up big phone and classified ad bills to get to talk to them. In communicating with them we usually talk to them about our financing, and how great it is, and if they will just sell to us their “problems” will go away. We do it manually; call by call, door by door. We talk about us, rather than inquire about them. We chase, they run. When we stop, the marketing stops. The cost per deal is very high, both financially and emotionally.
The second approach is the targeted, low-cost, systemized, response-oriented approach that, through a variety of media (such as direct mail, lead generating classified ads, flyers, signs, radio, cable TV) states or implies a benefit for the seller, calls for a response from them, and positions you as “the solution” for the sellers who want that. The sellers step forward and select you. The marketing is automated, and it is an operating system that works whether you are there or not.
I don’t want to shock you, but we are not going with the first choice here.
Pick up just about any book or course with real estate investing information or that is about creative real estate and you’ll find the choice #1 approach to finding motivated sellers, if any.
What you won’t find anywhere in those books, courses or real estate investing information is the choice #2 approach, which is direct response marketing.
Direct response marketing targets a specific group of most-desired prospects that you have defined as those most likely to respond to your offer (e.g. out-of-state homeowners, or expired listings), then it advertises for or delivers a message to only those people via a media (e.g. personal-looking hand-addressed #10 envelope mailed first class) that will reach them and get their attention. Once in front of the target, direct response delivers the following:
- A benefit-telegraphic headline
- A true marketing message
- An offer, or offers
- A reason to respond immediately
- Precise response instructions and mechanisms.
With these five elements in place, you set yourself up to be called only by motivated, partially pre-sold sellers, continually, day after day! So now you can be freed to do the most productive thing possible for you as an investor: make offers to motivated sellers!
Hopefully you can see the picture here. Direct response marketing cuts your advertising expense in half. It sifts, sorts and screens your prospects so that only the most qualified and most motivated respond and get to talk to you. In short, it allows you to make more while working less, with more predictability, consistency and control than anything else you could do to find deals.
Is that something you want? Think about it. Is there anyone you know of who is buying and selling a boatload of houses every month?
They are still doing a ton of business. Now, why is that? They don’t offer sellers anything more outstanding than you, do they? They are not privy to any real estate investing information that you are not. They certainly don’t offer sellers anything more creative than you are capable of offering. They don’t have any better phone manner than you.
Not at all. The only thing that very successful Real Estate Entrepreneurs do better than anyone else is: Create a reliable, consistent flow of motivated sellers calling in each day! That’s it! That’s the difference.
So did you get the message here? I hope so.
If you want to change your experience in real estate investing from one of anxiety, frustration and disappointment to working less and making more, you’ll make the change.
Ben Innes-Ker is a father, best-selling author, and real estate investing warrior. He has developed the “Motivated Seller Magnet” to help real estate entrepreneurs attract more motivated sellers with less effort and increase profits. To receive your 23 page special report that reveals real estate investing information anyone can use to achieve this too, visit: http://www.motivatedsellermagnet.net

Rancho Penasquitos, San Diego, Real Estate Market Trends And Community Information, August 2006

Author: Real Estate Pros
Source: articledashboard.com

COMMUNITY INFORMATION

Rancho Penasquitos is anchored in the arctic civil allotment of San Diego County aural the accompaniment of California. There are about 54,289 association in this Zip Code (92129) and 16,595 households. The boilerplate age of association is 34.27 years.

TEMPERATURE

The temperature in Rancho Penasquitos is almost moderate. The warmest time of year occurs in August during which temperatures ability an boilerplate top of 72ฐF. The coldest time of year occurs in January with boilerplate temperatures falling to 55ฐF.

HOME AND REAL ESTATE PRICES

The apartment options in Rancho Penasquitos cover single-family homes and properties, condominiums, townhouses, and apartments. The amount of apartment is as follows:

ท One bedchamber townhouse/condominium alpha in the low $200,000s.
ท Two bedchamber townhouse/condominium alpha in the top $200,000s.
ท Three bedchamber townhouse/condominium alpha in the low $300,000s.
ท Three bedchamber single-family homes alpha in the top $400,000s
ท Four bedchamber single-family homes alpha in the low $500,000s

REAL ESTATE MARKET TRENDS

As with a lot of articles and casework in the United States, amount accouterment in the absolute acreage industry are accountable to the armament of accumulation and demand. Whether it’s a buyers bazaar or a seller’s market, it is advantageous to appraise home sales abstracts for the a lot of contempo ages accessible (June 2006), compared adjoin the aforementioned aeon in the antecedent year (June 2005).

For the 92129 Zip Code, the boilerplate amount of resale single-family homes was $630,000 in June 2006, which represents a 6% decrease. A absolute of 55 homes were awash in June 2006. The boilerplate amount of resale condominiums was $345,000 in June 2006, which represents a 6.1% decline. A absolute of 17 units were awash in June 2006. For new architecture homes and condominiums, the boilerplate amount in June 2006 was $315,000, which was down 38.1% from the antecedent year. A absolute of 7 backdrop awash in June 2006.

Homebuyers and home sellers should accumulate in apperception that the abstracts aloft is artlessly a snapshot in time. Therefore, the abstracts have to be evaluated over a best continuance to accept constant bazaar trends.

Arizona Real Estate Appreciation – A Solid Market For Ownershipor Investment

Author: Jeffrey Nelson
Source: articleage.com

Arizona real estate has been one of the most talked about real
estate markets in the country. Arizona has seen record
appreciation levels in real estate in the last couple of years.
Many locals attribute the record increase to out-of-state
investors – people with deep pockets and lots of cash from real
estate markets that have spiraled out of control.

The reality is that Arizona real estate is appreciating despite
the out-of-state investors. The demand for housing is high;
Arizona has always been a popular destination with retirees and
has become even more so as custom built homes are created around
resorts, spas and other luxurious areas. Other retirees are
looking for homes that they can use part time and rent out for
the remainder of the year. This is just one demographic that is
responsible for appreciating values.

Arizona also has a strong economy. The NAFTA agreements have
made Arizona an attractive climate for businesses. There are
also a number of excellent universities and colleges located in
Arizona. Phoenix and surrounding communities offer a wealth of
hard working, well educated employees. These employees need
housing and the natural outcome is to immediately purchase a
home. Of course, this contributes to the real estate
appreciation.

The combination of beautiful environment, economic prosperity,
and affordable housing has been a magnet for people from other
parts of the country. But local residents are also contributing
to Arizona’s real estate appreciation. The economic growth has
helped local residents afford to buy their own homes, while
appreciating values help current owners build their equity and
reinvest into higher priced real estate.

The question that’s on most people’s mind is whether real estate
appreciation rates will continue to rise at the same level or as
many experts have suggested, pop like an over inflated balloon.
Real estate has had rapid declines in Arizona, but these
declines are almost always associated with precipitous declines
in employment levels. Both the national economy and Arizona’s
are strong, as is the job market. Interest rates remain stable
and low.

Forecasts for appreciation levels in the future show that
Arizona’s market will continue to be strong. While there are
some forecasters that suggest the appreciation rate will be more
moderate than in the recent past, almost all agree that real
estate in Arizona will continue to appreciate.

Arizona has surprised many real estate experts with the strength
of growth in the last several years. But for those that know
Arizona, it’s no surprise. Who wouldn’t want to live where the
sun always shines, the homes are cool and welcoming, and
opportunities abound? Arizona is a new frontier for prosperity.

How to Pitch Real Estate Opportunities to Investors

Author: Tony Mandarich
Source: ezinearticles.com

Investors are frequently bombarded with an enormous amount of paperwork from potential real estate investment clients. Clients try appealing to investors regarding great real estate investment opportunities, but many times the paperwork becomes overwhelming and does not answer the pressing questions investors need addressed. Thus, do not overload your investor with unnecessary stats, extra spreadsheets, and other information. Instead, follow these tips and you shall walk out of your business meeting with money in-hand.

1. Keep it Simple
If a prospect is presented with flashy graphics, wordy material and no user-friendly outline to follow, then the reader shall be left with more questions than answers. It becomes a hassle to read the information provided. It may be a complete disgust discouraging negotiations from continuing to the next level. Present a simple overview of the deal. Your investor does not need granular details during the initial phase. Save the fine points for the next time you meet.

1. List Costs
Inform the investor regarding how much you shall be investing in the deal and how much money is being sought after externally. A general rule to follow in dividing equity is the investor pays 90% while you pay 10%. This is the average split when producing real estate opportunities. But do your research and make sure you are certain regarding the costs prior to preparing the documents. It is a vital component to the entire process.

2. State Return on Investment (ROI)
The investor cares about the bottom line. He/she wants to know what is in it for me. What shall he/she gain from this investment? Is it worth his/her time and money? Therefore, it is important to clearly catalog what the return to the investor shall be on this particular deal. List what you are going to pay annually. Use an Internal Rate of Return (IRR) calculator to formulate the numbers. Provide the financier with what the annual return shall be over a number of years. Cover your basis. This section will make or break your deal.

3. Present a Time Frame
Most experts claim 3-4 years is a common time frame for real estate investment opportunities. However, be aware. For there are investors who prefer an elevated long-term return if the numbers are more appealing than over a shorter time frame. Know which time frame has added appeal and commit to the time frame accordingly.

4. Add Supporting Data
Provide factual supporting data for costs and/or numbers attached to your initial presentation ensuring you are thorough but not overbearing. This basic task establishes credibility via proving you are comprehensive in your presentation. Furthermore, if your investor has questions later on and you are not present, then the supporting data ensures the answer is right in front of him/her building confidence in your preparation abilities. For you were able to preconceive what may be asked in the future and direct it in your paperwork. Focus on numbers for this section of your documents. Think costs, revenues and investment summary.

To find your next real estate investment opportunity in the Tennessee area then contact a local Tennessee realtor today.

Find a professional real estate agent who is an expertise in the Northeast Tennessee real estate market. Someone who works with commercial, land and residential covering all of your real estate needs is what you need ensuring he/she covers it all.

The Toronto Residential Real Estate Market is a Great Source of Investment Income

Author: Stefan Hyross
Source: articlesbase.com

Decreased consumer confidence in the real estate market has created a decline in home sales worldwide, however the Greater Toronto Area has made a recovery from the economic downturn. The Toronto Real Estate Board reported a 19% increase in the purchase of resale houses from November 2007 to November 2008, and a 3% increase in the purchase of new houses from May 2008 to May 2009, showing confirmation of rising consumer confidence in the investment of funds in Toronto residential real estate. With indications of economic recovery on the horizon, many people are looking at investing in both houses and condos in the Greater Toronto Area.

When adding up the expense of buying a new home, closing fees are additional factors which need to be taken into account. These comprise of appraisal of the real estate, home inspection, mortgage fees, agent commissions, and documentation fees. A large consideration among many in Toronto’s real estate industry, however, is tax, specifically the July 2010 introduction of the HST, or Harmonized Sales Tax.

The HST is being established as a combination of the 5% GST and the 8% PST, and is supposed to be added to new and resale property closing costs, in addition to the purchase price of a new home. This will remove the current exemption from the PST for new property purchases. The Ministry of Revenue has released new documentation regarding the HST, specifically addressing an intended rebate of 75% of the provincial portion of the new unified sales tax, up to a maximum of $24,000. This rebate would be received either at the time of sale, or, as is presently the case with the GST, through submitting a form to the Canada Revenue Agency.

Once a budget has been decided and a target purchase price calculated, the buyer must decide on the type of real estate desired. Both the advantages and disadvantages of single family houses and condos should be analyzed in order to come to the right conclusion for the buyer.

First, the buyer should consider value for money. Generally, a home will have greater equity in the future, and a greater resale value. Rent is often greater for houses than condos. Condominiums generally charge fees that go to an association. Because of this, the return on investment can be bigger on houses.

Location is another issue, determined by the desires of the buyer. A buyer seeking property in downtown Toronto may find it difficult to find a home that matches his or her needs, whereas condos are more plentiful.

A final point to consider is the commitment of time on property repairs. In a home, the maintenance and improvements are the sole responsibility of the owner. In a condo, the corporation takes care of most, if not all, of the building repairs.

The Toronto residential real estate market has a lot to offer new investors, and effective preparation and the in-depth market research can help buyers bypass the problems that are often be associated with a real estate transaction.

Stefan Hyross is a writer for Lea Barclay, a specialist in the Toronto Residential real estate market. Visit the site for market information and view the latest listings in homes and condos.

When it Comes to Real Estate Information, You Get What You Pay For!

Author: Ben Pargman
Source: ezinearticles.com

I recently was talking to a Short Sale investor named Lynn. Lynn related to me a lot of the emotions that successful real estate investors go through when they’re starting to build their businesses. What she told me is “I’m interested in following the person who is willing to get back to real estate investing and leave the scamming for the scammers.”

Lynn makes a good point. It really is important for those getting into real estate investing that they seek out teachers who are actually out there “doing it.” That means at the core of their “information business” is a hard-core real estate services business that is in the mud of the deals every day, day-in and day-out.

But here’s the truth about most “amazing products”… the Soloflex actually does work! You can actually look like the guy on the infomercial with the abs and pecs BUT only if you bust your butt consistently- for a long time – and eat right and sleep right…and…and…and. But if you do all that, it does work. Look, any information product system (or whatever you want to call it) is the same thing – people have figured out a unique way to do something that WILL help you make more money than you could ever imagined possible at your old job! But guess what… you’ve got to work out… and do it just like at the gym. I’m not talking about going through the motions twice a week and then wondering why you don’t look like the guy on the infomercial.

I would run away fast from anyone who tries to sell you something that supposedly gets you in top physical shape without any physical effort! Run Forest, run! Similarly, I would stay way the heck away from anyone selling a real estate information product guaranteeing that you can quit your job in X days or that it’s easy, or that it doesn’t take any work. That’s just B.S.! Making a fortune, changing your life, and building a future takes work – a lot of work – which is why most people don’t actually do it!

However, you absolutely can shortcut your way through years of a learning curve, shortcut your way with certain technology, and shortcut your way through forests that others have already cut a path through by investing in information products and systems designed by those who have gone through the journey and are willing to share with you. You can dramatically increase the efficiency of your work by spending your time on the right things rather than spinning your wheels when someone who has already done it can just show you what they’ve done.

Here’s a little suggestion – anyone can have one success story to talk about and write a product about it. Before you invest in anyone’s system or product – look for recent evidence that it actually works. I don’t care how good the professional weightlifter model looks in the commercial, I want to know what the experience was like for someone like me (which is why if you watch infomercials they go back and forth from professional models to “regular guys”).

Here’s another tip – every pitchman posts “testimonials” of success stories. Pick up the phone and call the person giving the testimonial and get it straight from them. Do they even know they are being quoted to support sales of someone’s product? Would they agree with how the testimonial is presented? Was it taken out of context? Look, if that’s who the pitchman is putting forward as “the best they got” and when you call, they’re defensive or wishy-washy, well, then… there’s your answer. However, if you call someone who is a raving fan lunatic advocate for the product, well, now you know.

Keep this in mind – the product may actually work, just not for you. Look, when you walk in a gym, there are dozens of machines and weights – and yet a personal trainer is going to design a program that involves only a few of these tools that are right for you and your body type. The same thing is true in the real estate information world – the guy’s program you had a bad experience with may just not be the right machine for YOU but that doesn’t mean it doesn’t work for other people. (The hard thing is that there are not too many opportunities to “try out” different products to see which one’s a fit for you without making that investment – I’m working on just such an opportunity for you – but they are few and far between.

One more piece of advice – when you find yourself having invested in something that ended up not being what you needed, put your concerns in writing to the vender. That step will force you to be honest with yourself – are you asking for your money back for the Soloflex because it’s currently holding your underwear in the basement and you don’t use it and now feel stupid for spending all that money? Whose fault is that? Or if you really have a legitimate concern about the quality and viability of the product then put it in writing.

I can only speak for myself, but I have to assume that my colleagues in the business feel the same. I work my butt off on everything I put out there. Our products reflect a tremendous amount of time thinking, planning, writing, re-writing, designing, and testing. And every product I have ever released to the marketplace has always been improved by the constructive comments form those who use it. We’re not perfect and I’m not selling magic wands or potions – so some stuff is better than other stuff and it can always be better. We are constantly updating, revising, and improving our products based on customer feedback. So if you have something helpful to contribute – PLEASE put it in writing, I bet the guru you’re talking about will actually read it, consider it, and act on it – I know I would.

Ben Pargman is a real estate attorney and the nation’s number one expert in Short Sales. Check out his website at The Short Sale Service, Inc. for his free audio course on how to make money in today’s real estate market.

How Real Estate Investment Models Have Changed to Produce Higher Returns

Author: Darin Garman
Source: ezinearticles.com

One of the things that I spent a lot of time on at my recent Investor Discovery Day Event was the change of investment models. One thing I suggest with all of my students is you need to be looking for other ways for commercial investment real estate to make you money.

If you are just looking at finding an apartment or commercial investment property, purchasing it, and holding it for cash flow and then forgetting about it you are making a huge mistake. Why? There are many other ways that you can make money with apartments and commercial investment real estate. I call them alternative ways. Or if you like-Alternative Ways To Cash Flow Apartments and Commercial Investment property.

One of the first exercises you need to go through when you are buying and even when you are selling for that matter is asking yourself the following question. “What other ways can I make more or the same amount of profit, cash flow or sales proceeds from this transaction besides the typical ways? What am I NOT thinking of?” After you ask yourself this question you then write down a minimum (yes minimum) of 10 other ways to make money from your purchase or sale. Take your time and write these down. What helps me is I think in stages of what provides the most cash flow, what provides the most cash now or what provides the most predictable rate of return, what provides the most tax savings, etc. If you think in these stages you will many times come up with at least two or three MORE ways to profit from the purchase or the sale of the commercial property or apartment building. What you will find many times is ways to make even MORE profits than your where your current path is going to take you. Of course, you will have times when you go through this process you will come up with nothing, however, if you can make as much as $50,000 profit isn’t it worth 45 minutes of your time to spend on it? I mean this is how to make $50,000 an hour isn’t it?

This is how some of the most successful entrepreneurs (many of which occupy the Forbes 400 list) have gotten really rich. Not just well off but I am talking rich.. What they did was take a look at the NORMAL way something was done and either came up with a new way to do it OR they came up with a slight variation of this. By looking at it a bit differently in many cases they became geniuses.

Now, if you want me to let you in on a secret that will earn you an additional $10,000-$100,000 in profits this year here it is. Treat your real estate investments like a business and look at these investments like these entrepreneurial geniuses did. The good news is that it really does not take a lot of effort on your part. Just thinking.

As Earl Nightingale said the biggest problem with people is that they don’t think. The biggest reason they are not as successful as they would like to be, in any venture, is that they do not think. Just spend time and think. What OTHER ways can I make money with this property??

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