August 3, 2015

How to buy real estate

real estateIt’s everyone’s ideal dream to invest in real estate and its well known all over the TV and radio stations. Investment in real estate has shown great wonders when it comes to your future financial status. Real estate can prove to be profitable and the secret of it all depends with the fundamentals of what actually makes a favorable condition of a real estate investment. A determined investor will only go for the best in the market, and certain factors have to be considered when you want to invest in real estate. Perhaps most of the investors loose most of their money due to poor planning in the investment. Good planning guarantees success and it will help you be a step ahead in the investment business. There’s no exiting field like real estate investing, but in order invest wisely certain procedures have to be followed to the latter, this procedures entail the following;

1. SEARCH FOR A PROPERTY.

It’s not necessarily that you search for a house in the most expensive places. Location matters the most. You don’t want to look for a house in a location that doesn’t favor you. Drive around the property at different times of the week and see whether it favors you, this tip will help you locate the best place that fits your comfort. It’s easiest to search on sites like: Real Estate at www.realestate.com.au

2. VALUE THE PROPERTY.

Being prepared is an essential aspect when it comes to investment, rates will always defer from time to time. Don’t be caught unawares, be prepared and by this it means, setting apart some savings from your income just in case the property rates change. You can always confirm with the property management for details. This will always keep you updated as an investor. And remember to keep a look out for features on the house that can increase value, like solar, gas log fireplaces, swimming pools etc. as you’ll need to factor this in. Likewise, anything that can detract from the value like damage etc.

3. GET FINANCE.

The common mistake most investors will make is under estimating the expenses. This mostly applies mostly for the first timers. An investor needs to be prepared when it comes to financing the property. According to the 50% rule, expenses are half of what your incomes totals to. There are several ways you can finance property for instance through loans, mortgages or even paying by cash depending on your capability. It’s always advisable that when you are considering a loan as your source of finance to be aware of the interest rates that comes with it. The same applies to the mortgages, avoid adjustable mortgages, rates …

Read More

July 29, 2015

The Donald is Riding High on Real Estate Once Again

JULY 28, 2015, 11:08 AM EDT

Trump is benefiting immensely from the soaring prices of New York real estate. Case in point: a $21 million apartment sale announced just a few days ago.

As New York City’s preeminent developer, Donald Trumphas seen his fortune wax and wane and wax again with the undulating fortunes of the Big Apple’s property market.

Trump suffered a particularly rough patch in the early 1990s, when the value of his holdings fell far below their heavy debt load, forcing him to hand properties over to his lenders. In those dark days, The Donald frequently walked from his offices to lunch nearby at one of his troubled trophy properties, the Plaza Hotel. Many times, he’d invite his top financial specialist, who was then leading thorny negotiations with the banks, to join him. As the finance man tells the story, one day en route to the Plaza, Donald pointed to a homeless person sitting on a cardboard box and quipped, “That guy isn’t worth 10 cents, but he’s got $900 million more than me!”

Today, Trump is benefiting immensely from the soaring prices of New York real estate. Over the past weekend, his privately owned development and brokerage firm, The Trump Organization, announced a sale that underscores the strength of the Manhattan luxury market: $21 million for an apartment in a building Trump transformed from an aging hotel into one of the Upper East Side’s top residential addresses.

In 2002, Trump bought the 1929 Hotel Delmonico, and converted the 35-story building into 119 apartments.Fortune spoke with his daughter Ivanka, who heads development and acquisitions for the Trump Organization (and lives in the building in question), about her father’s strategy. “My father sold most of the units, but he also held back a number of apartments, and rented them,” says Ivanka. “Two of the units brought the first and second highest rental prices in Manhattan, over $100,000 a month.” The apartment that just sold, she adds, had been leased “north of $85,000 a month,” and that the tenants recently departed, making the unit available for sale. “The building sold incredibly well,” she says, “but we have no mortgage, and we’re believers in New York property values. That’s why we held back some units.”

The apartment—Penthouse 24—covers almost 6,200 square feet, boasting five bedrooms and seven-and-a-half baths, not to mention a private elevator. The online video advertising the unit incorporates the kind of verbal bravado Trump is famous for, extolling the “sprawling oasis” that’s “idyllically situated.” The furnishings, not included in the price, demonstrate the preferred Trump staging: ultra-modern décor orchestrated to lend the highest of high glosses to his top offerings. Visitors trod over zebra rugs …

Read More

July 29, 2015

Real Estate Information

single-property-websiteIf you are looking to invest in real estate the first thing that you have to do is figure out where to turn to find the information that you need to get started as a real estate investor. The internet is a great place to start. Take the time and look at the online resources that are available to you. There will be articles published from fellow real estate investors along with all of their insider tips and secrets to the trade. Along with the articles you will find sites devoted to nothing else but helping you learn how to make your money in the property game.

Another great place to fine real estate information is your local community college. Most small town schools have what they call a continuing education building. This building teaches classes for adults that are meant to get them higher up on the financial ladder. One of the most common courses among these colleges is the real estate investment course. This course will give you a jump start to your new career along with present you will all the information that you need to succeed. These college courses are also a great way to make connections that you may need in the future.

No matter what you need to know about the real estate world with a little digging you should be able to find it. If the internet isn’t answering your questions and your college doesn’t have a course to offer, turn to the agencies. These agencies are packed with people that started out exactly where you are now. If you take the time to talk to one of these people they may offer to help you along with anything that you need. These are three of the countless ways that you can get the information that you need.

Article Source: http://EzineArticles.com/2254468

Read More

July 29, 2015

Real Estate Listings – The Backbone of Real Estate Websites

House-for-saleA good Real Estate website is incomplete without proper Real Estate Listings. The website would do very little to educate and inform the visitor. Listings for Real Estate not only attract visitors but also enable the website to grab their attention. Listings are rather the “real” thing a visitor wants to see in a site.

Always keep in mind that these listings should be up to date. We know Real Estate agents love seeing “Sold” on every property, but people who would be visiting your website would end up losing heart. Updating your website regularly is a must to keep your visitors coming back. Make sure your listings are in proper price order. It is essential that you have devised ways for them to search through the properties and kept it simple to use.

Interested property buyers tend to check back to your website every week, in the hope of finding fresh properties. You have to ensure that New Real Estate Listings are put up on a regular basis, to aid your customers in making a better decision. To prevent losing business, make sure that someone is made responsible for uploading New Real Estate Listings on your website and keeping the old ones up-to-date.

Depending on the program used to manage the listings section, it might require some extra training to make sure that these updates are made as quickly and efficiently as possible. An investment in professional practices is a wise decision and will prove to be fruitful. Most Real Estate Marketing websites believe in making making worthwhile websites for their customers. The websites that are built also have automatic property alerts that send out new listings via email every day to prospective customers.

While putting down Listings for Real Estate, it’s always a good idea to mark them separately for Commercial Real Estate Listings and the Residential ones. This can help new agents get off to a good start and can work as a new beginning for veteran agents who have been around for a while. Remember, the higher the number of your listings, the better your chances of selling.

By keeping these points in mind, you should be able to communicate about your real estate site better. You also need to ensure that you are able to project a professional image online, increasing your marketing reach and your bottom line.

Article Source: http://EzineArticles.com/971951

Read More