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Condo-Hotels – A New Second-Home Alternative To Time Shares
Condo-hotels have evolved as a better, more reliable second home alternative to time-shares. They are usually attractive, high-rise hotels on the ocean or in other prime locations, and range in price from the mid $200,000s to over 1 million,...
How To Find A Real Estate Agent
You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying your new home.
The fact is that a real estate agent’s fees are typically paid by the seller of the home. So, as a buyer, you...
Nebraska Real Estate – The Cornhusker State
When the state nickname is based on the beloved University of Nebraska college football team, you know all you need to. With inexpensive prices, you’ll have your pick of Nebraska real estate to watch the games.
Nebraska
To the surprise of...
The Real Estate Gurus B.S.!
We have all seen them making fantastic promises that you will be financially free in 90 days. The sales pitch is so intoxicating that you would probably get a DUI if you were driving your vehicle. Less then fifthteen minutes into the infomercial...
Wealthy Americans Confident Real Estate Boom Will Last
Linknet Real Estate News Digest - December 22, 2005 - In spite of worrying signs that the real estate market is slowing down, a survey of wealthy Americans indicates most remain confident property values will continue to appreciate.
In a survey...
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Real Estate Investing First Deal Jitters
It’s very normal to get first deal jitters in real estate investing.
There are several real issues:
1. Real estate is a big investment, the dollars are large, so there is
great risk but also great rewards. Its much different signing a contract for $100,000 or more that you are going to manage yourself than to send $1000 to the bank and have it put in a cd. Of course when you put your money in the bank it goes down in value as inflation is much higher than the return the bank will pay you. While your real estate investment will grow with inflation but since you have only a small part of your own money invested it will grow at 10-20 times the rate of inflation.
2. When you are new it is hard to know the value of a neighborhood and what is a realistic exit strategy. Find out how other investors are selling their homes. Are they retailing them? Are they doing rent to own, otherwise known as lease option or lease purchase? Holding long term as rentals and cashing out their equity? There are a number of strategies investors can use and some are better than others for certain neighborhoods.
3. Real estate investing is work, you have to go get involved in a multi
step project for every property, and that can be intimidating. You just have to learn to write down everything that needs to get done and accomplish small tasks every day and before you know it you will be a real estate investing pro.
Only experience will teach you when its an obvious deal. Look on
www.realtor.com and see what realtors think houses in that area are worth. Drive around a few blocks and call any for sale signs and then go lookup the tax assessor info on those addresses and see how they compare.
To your success:
David Neese
About the Author: David Neese is a real estate investor, small business owner, ecommerce marketer, writer, motivator, father and athlete. David offers a free Ecourse on quick start strategies for getting started in real estate investing that is delivered via email and teleseminar at:
http://www.freerealestateinvestingcourses.com
Source: www.isnare.com
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