Search
Related Links

 

 

Informative Articles

Advance Your Nursing Career Work As An Independent Nurse Contractor
Many nurses today are frustrated with their work situation. Are you one of them? If so, it is time you take control and make that first step. Quit thinking about a change ...DO IT ...quit saying I am going too... DO IT...quit day dreaming ....DO...
How to use an HR consultant
HOW TO USE AN HR CONSULTANT By Sandra Beale of SJ Beale HR Consult Bringing an HR consultant into your organisation can often be the only way to get a particular objective achieved. It may be a project that needs to be delivered such as a...
Leadership by Persuasion - Four Steps to Success
As a leader, your success depends upon your ability to get things done: up, down and across all lines. To survive and succeed, you must learn four essential skills of persuading people. You must convince others to take action on your behalf even...
Nine Sure Fire Ways to Boost Your Career
1. Differentiate yourself using a Personal Value Proposition. A PVP a description of how your unique mixture of five key elements creates and/or adds value for an organization and the people in it. A personal examination of these elements...
The Perfect Project Manager
I've been working in the computer industry now for over 23 years. During that time, I've had the unfortunate circumstance to work under many incompetent project managers. I don't mean the word incompetent as an insult - it's just that in the...
 
Investors - Look For The Real Estate Sweet Spots

A politician once proclaimed, "All politics is local!"

The same is true for real estate. If you live in Southern California home values are climbing towards the sky. The real estate market is hot!

At the very same time there are many areas in the Midwest where there has been no job growth, no increase in sales activity and no increase in home prices for over 5-years. If you are in one of those markets you find real estate investing is an entirely different ballgame.

Here's a good example of picking your sweet spot… something you, as an investor, should consider when planning your investing tactics.

Technical Olympic USA is home builder. The company very carefully selects the areas where they build homes. Right now they are in ten hot markets:

Florida
Texas
Tennessee
Maryland
Pennsylvania
Arizona
Virginia
Colorado
Nevada
Delaware

This builder avoids the crazy areas like San Diego, Loa Angeles and Boston.

They look for areas where employment has grown steadily for the last 5 or 6 years and where second-time home buyers are moving to homes in the $200,000 to $400,000 range.

They've learned that these buyers are in there 30s and 40s, have kids and want 3 or 4 bedrooms, 2,800 to 3,000 sq ft of living space and a two-car garage.

Yes, it would be nice if we could all do some research and move to an area where investors are having the most success. Don't fret. Time and again the truly determined have proven that you can make money in any real


estate market… sweet or not.

If you are an investor living in the Midwest you cannot just buy any rental home and count on its appreciating value to provide a profit. Home prices are not going up.

Yet, you can still make money in Midwest real estate. The key is to always buy or option at a price at least 30% below market value. You have less room for error than those investing where home values are increasing by 1% to 3% per month.

In Southern California there are at least 5 real estate investing seminars being presented every week. Investors of all skill levels are swarming like locust over every square foot of ground. Competition is fierce. It's not quite like that in the Midwest.

Another key is to only invest in homes that people want to buy. A good target is what Technical Olympic has found to be its sweet spot... those homes near 3,000 sq ft. They will be easier to rent to the best class of tenants... and they will sell more quickly for the best profit. In your area the most desirable homes might have other characteristics, but you get the idea

The bottom line is that there are geographical sweet spots... and there are local sweet spots... even neighborhood sweet spots.

Stay in front of demand, buy carefully, use creative techniques like leases, options and "subject to", and you will find investing opportunity no matter where you live.

About the Author

Mark Walters is a real estate investor. You can learn about his successful tactics at: http://www.lease-option-sub2.com

 
 

 
Content Menu
  • 10 reasons to start a home business

  • 10 things you will like about a home based business

  • 18 caveats on how not to change

  • 5 common free agent myths

  • achievers interview with david showalter

  • adam smith the real life grinch who stole christmas and won

  • advance your nursing career work as an independent nurse contractor

  • all aboardeveryone going global

  • alternative retirement income options in 2005

  • and you can quote me

  • an honest look at your business

  • audio marketing comes of age educate first and sales will follow

  • avoid the three biggest financial pitfalls

  • a hitchhikers guide to the internet

  • balancing your priorities with your search for at home work

  • basics about writing a business plan

  • beginners guide to blogging

  • being other focused

  • benefits of using freelance consultants trainers for your projects

  • ben franklin didnt quite get it right

  • ben franklin didn t quite get it right

  • beyond budgeting a new approach to annual budgets

  • be a pest make money

  • biweekly mortgage

  • blogging for business

  • blogosphere networking

  • book summary nice girls dont get the corner office 101

  • bridging the gap dont forget your core customers

  • bridging the gap don t forget your core customers

  • building better teams through executive coaching

  • business like image

  • business planning myopia

  • business plan basics

  • can nurses be entrepreneurs

  • career management in a jobless economy

  • change or reinforce

  • christian business opportunities bring relief to your daily routine

  • coaching generation x

  • computer business opportunity provide huge profit potential

  • could a roth ira be better than a 401 k

  • creative strategies for brainstorming for business success

  • crm

  • dance on your brain tonight for a better tomorrow

  • decisions how close are you to a 100 strike rate

  • dej… vu all over again and again

  • dont fall for email scams

  • downtown san diego condo market is ideal for investors

  • do you have the global entrepreneurial spirit

  • entrepreneur runs list sales company from office in his home

  • eq at the office

  • executive coaching and the american president

  • factors to make or break your home business and home business residual income streams that work

  • filling the data leaks the importance of digital asset protection

  • finding the purpose in online networking groups

  • five questions to ask yourself before launching a new business

  • five questions to ask yourself before starting a new business

  • forex trading

  • freelancers your job away from job

  • fun with credit cards

  • going against the conventional investment wisdom

  • going mobile part 1 wireless phone service for your home business

  • going mobile part 2 how to get in on the wireless revolution without credit checks or 2 year commitments

  • going mobile part 3 finding the perfect wireless phone

  • good first impressions count when you mean business

  • good news in our brave new world

  • google slavery old habits die hard

  • hey that was my idea corporate games for a rainy day

  • home business

  • home business solutions 60 minute money

  • how corporations can use real estate to access untapped capital

  • how to get a visa mastercard with no credit check

  • how to get that promotion

  • how to increase your chance of promotion at work

  • how to make money working from home

  • how to share your home office with a sick child

  • how to use an hr consultant

  • how to use emotion in stock trading

  • how your new years eve bash can grow your career

  • important considerations when setting up a profitable home business and a handful of work from home income streams that are quick simple to set up

  • independent rn contractors are taking the nursing profession

  • index

  • innovative entrepreneur ideas

  • investors look for the real estate sweet spots

  • is it boys vs girls on the internet

  • is there any money left in currency trading

  • is the medicalcare system still a disaster in us

  • its high time for lifetime savings accounts

  • know your career goals

  • leadership by persuasion four steps to success

  • learn the art of dynamic leadership

  • life is short love what you do do what you love

  • looking for a change

  • madeline hill senior community pioneer

  • maintaining your motivation

  • make or break home business tips and home based residual incomes that work

  • make your career offshore proof

  • managing project risks part 1 dont be snared by these 6 common traps

  • managing the human resource project

  • marketing your home business in just 30 minutes a week

  • mlm success training why some people become wealthy in network marketing and others dont

  • my identity crisis

  • narcissism in the boardroom

  • narcissism in the boardroom part ii

  • new mobile applications shock market part 1 of 2

  • new years resolutions for your home business

  • new year s resolutions for your home business

  • nine sure fire ways to boost your career

  • no plan no cash back to square one

  • office politics

  • offshore investing leveraging overseas trading

  • oil demand and the effects on the global stock market

  • organizational political savvy

  • paid surveys and focus groups maximize your online income with these tips

  • political selling 101

  • preparing for change during international expansion

  • present like a pro ten ways to wow your audience

  • print and modern thought

  • problogging making money from blogs

  • professional relationship blueprints

  • profiles of the powerful advertising exec steve grasse

  • qualities of a winner

  • reloading the matrix with jada mrs smith that is

  • remember its the world wide web

  • retire debt free

  • rocket investing stock market research advice

  • roi on the 8 step coaching model

  • rotator

  • sales force of the future its not about selling

  • self publishing at the speed of thought

  • sell you with your small talk yes you can

  • several red flags for spotting a phony or scam

  • six of one half a dozen of the other

  • speak with es part 1

  • speak with e s part 1

  • sports betting as an alternative investment

  • succeed the natural way

  • succession planning not on my watch

  • success in the import export business

  • surviving corporate politics

  • surviving corporate politics part 2 keeping up appearances

  • surviving corporate politics part 3

  • talk the talk

  • tax reform my way

  • ten fatal flaws frequently found from the podium

  • theodore roosevelt the original rough rider

  • the advantages of having a home business

  • the benefits of using freelance consultants trainers for your next project

  • the biggest oil opportunity in the world and how you can profit from it

  • the business meeting

  • the fabric of economic trust

  • the fairness of office politics integrity and political motivation

  • the macedonian lottery

  • the musketeer approach

  • the perfect project manager

  • the real story of the little engine that could

  • the sickly state of public hospitals

  • the top 10 brainstorming techniques for business success

  • the top 10 strategies for moving into action and for getting bottom line results

  • the ultimate career builder

  • the wages of science

  • the wages of science part ii

  • think outside the box home business ideas

  • three common deadly mistakes made in job interviews

  • throw out the lifeline

  • time to think outside the box

  • tired of jumping jobs

  • top 10 ways to handle problem co workers

  • top ten brainstorming techniques for business success

  • to get free publicity think local

  • to grow out of unemployment

  • triple the response of your ales letters by harnessing the mysterious power of mind reading

  • trust in a digital economy

  • uncovering soul in the workplace

  • wearing your politics on your sleeve

  • what if peter drucker were your ceo

  • what shes got five essential traits of web wonder women

  • what work at home moms can learn by watching the apprentice

  • when politics prevent innovation

  • when the levee breaks a selfish look at the financial effects of katrina and how many more fuel increases we can take

  • whose goals are they

  • why demo fx account performance is often better than real account performance

  • why dont they just get it done 7 performance tactics for ceos

  • why is it more profitable for an indian to take up work at home business

  • why the internet is an entrepreneurs dream

  • why would anyone hold a bad meeting

  • why would anyone want to hold a bad meeting

  • winning the credit game

  • work from home office policies

  • worse than tsunami trade protectionism hurts third world citizens

  • youre the boss