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15 Ways for Speakers to Earn More Profits
There is huge potential to create additional profits from your speeches by partnering with a professional transcriptionist to convert your audio recordings into text transcripts. 1) Speakers and consultants often deliver their presentations via...
How Can Job Fairs Help Your Company?
You may have been thinking about participating in career fairs. To some, this may not be a very feasible idea. The same crowd of candidates that visit your booth may also be visiting your competitors’ booth. In manning your booth, you need manpower...
Moving From A Weekend Hobby To Career In The Arts
Building a career as an artist takes hard work. Because the field attracts so many talented people, jobs in this field remain competitive. If you major in an art program at the university level, the focus is not on business, but in studio art,...
Overwhelmed by the Daily Deluge of E-mail?
Copyright 2005 Kinesis, Inc.
Part of being an effective marketer is being an effective time
manager. The little time suckers in our workday can collectively
add up to a LOT of time taken away from our core functions and
billable work. One of...
Taking Control of Your Workspace
Let's face it: it's HARD to always be "on" when you're at work. No matter how much you try, even the best-laid plans and schedules break down; sometimes it seems like all the forces are against you. You can get discouraged, weary, frustrated...
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Real Estate Investing - start with getting your own finances under control
Real estate has been a driving force in world economies since
the days of Babylon, one of the most fantastic developments the
world has ever known, and the desire to create, not destroy, is
alive and well.
To enter the realm of real estate development requires vision,
direction, and risk
acceptance, but a knowledgeable investor will take
calculated risks that are in line with his or her overall
investment goals. There are only four empirically supported ways
to delve into the real estate market: actually build, buy an
existing development, invest in some one else's development, or
buy into a Real Estate Investment Trust. All of these venues
carry risk and reward, but they also have distinctive
differences that set them apart from one another. The most
lucrative would be to develop a property from square one, but
these types of investments carry more risk and work. To develop
a project from scratch enables investors to have more autonomy,
which permits them to more openly express their creativity.
Buying an existing property requires investors to pay a premium
for the property because the initial risk of failure has already
been taken by another developer. To buy into another developer's
idea is also laden with risk as well as reward. Developers
provide the insight, while investors, provide needed equity.
This is for those who have multiple commas in their bank account
but have little desire, other than making more money, to enter
the real estate market. These people are usually
professionals
who are too involved with their own profession to spend the time
that is necessary to nurture a project from its conception all
the way through its evolution.
Whatever gateway is used, real estate offers an escape from the
groupthink that often imprisons many conventional investors.
There are many ways to enter the real estate market, but there
is one prerequisite to all of these: personal fiscal
responsibility. Before people can make their mark in this
discipline, they must commit to personal finance reform. By
this, it is said that potential developers must start somewhere,
and that place is their own finances, in order to create
adequate equity that can be invested without jeopardizing their
future. A potential investor must search out the pivotal facets
of his or her personal financial life and make an honest
assessment of his or her susceptibility to a certain level of
risk. Real estate must coincide with your long-term aspirations.
Developers therefore must incorporate the needs of the external
environment in which they operate and preserve what little there
is left by not misappropriating one of our most precious
resources by releasing it to those who wish to impede
sustainable development by promoting their delusions of
grandeur. If not, the next major development will have to happen
on Mars, and to be quite honest, the ambience there is not so
bright.
Interested in this subject? Try this link for more of the same
About the author:
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