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(Westchester county) Should I Be A Real Estate Investor PDF Print E-mail
Westchester County NY News and Events
Written by Webmaster   
Wednesday, 14 March 2007

Should I Be A Real Estate Investor

Should I Be A Real Estate Investor

by: Bruce
Hughbanks


Should I Be A Real Estate Investor?



People are always looking for ways to improve their financial situation, and one of the most commonly thought of methods is to go into business for yourself. And many people who decide to open their business consider real estate investing. After all, weve all seen the late night infomercials that show rich investors driving their Cadillacs and sipping fruit drinks by the poolside, right? It cant be that difficult to spot good properties and resell them, huh? And renting out a property must be a breeze!



Back up. If you talked to most professional real estate investors, they may argue with those television commercials that try to sell people on the concept. The truth is, real estate investing is a tough business, and even tougher if youre not fully aware of the time and commitment that youll have to put into it in order to make it a success.



Before you put all of your hard-earned savings in this potentially lucrative business, you should know the facts. After all, as in any investment, it will only be as good as your research and knowledge of the facts.



If you are considering real estate investment as a way to improve your financial situation, you should first read the most common myths associated with it.



Real Estate Investing Leads To Instant Riches!



The reality is that most real estate investors spend an average of five years running their business before they ever see a good income. Whats more, a full 95 percent of people who take those get-rich quick programs quit the business after just three months. Why? Because theyd fallen victim to the scheme, and when it didnt play out, they became disillusioned. Think about any other business that you can invest in and runwould it be feasible to turn a profit instantly? Of course not! And it isnt possible with real estate investing either!



I Can Do This Part Time!



Thats true, but your income will be limitedjust as it would in any other part time business. The business of investing in real estate takes a lot of hours. You have to search for properties, negotiate a deal that will work with your numbers, do any repairs required on the property, and then either sell it, or rent it. Thats not something you can do on Saturday afternoons!



Its Not A Business, But Just My Hobby!



Sure, if you want to earn about as much as a hobby would pay you. In fact, if you are going to invest your money in a real estate business, you must treat it like a business. Youll have to print professional business cards, make contacts in the industry and overall conduct yourself as a professional. Whens the last time you heard a hobbyist closing $150,000 deals?

Can real estate investing turn a good profit? Absolutely! Can it be done in fifteen minutes a day? Not in this lifetime!






About The Author

Bruce
Hughbanks is Dedicated to the Success of Business Minded Entrepreneurs
World Wide. His In-Depth Views, Techniques and Dedication to helping
others is second to none. Contributed to the Advancement of  Internet Marketing
Success, Copywriting and Joint Venture Affiliations. Find out how he can help you:
http://www.ProfitZilla.com
(Another TeagINC
Network Production)


Friends and Family Should be Priority!

Experience True Freedom! The Employment Alternative Group

http://www.TheEmploymentAlternativeGroup.com

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Last Updated ( Wednesday, 14 March 2007 )
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Westchester County Real Estate Investment PDF Print E-mail
Westchester County NY News and Events
Written by Webmaster   
Tuesday, 13 March 2007

Westchester County Real Estate Investments

Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think.  Westchester Real estate investment financing is a better option than the traditional residential real estate mortgages.  In investment real estate the quickest way to wealth is through owner financing, or lease optioning. 

Now, if you want to move your properties quickly, and a month is not a reasonable time, you might consider combining two strategies – buying investment real estate for the purpose of rehabbing and quickly lease optioning the property.  When the real estate appreciates and is worthy of the investment of a bunch of town homes, a Starbucks or McDonalds, scrape the property, move equipment re-set it up at another best guess for future appreciation location?  With real estate prices in some countries soaring, and first time buyers struggling to get onto the first rung of the real estate ladder, many people are looking further a field for investment property opportunities. 

If you are considering real estate investment for the first time or are keen to increase your presence in the real estate investment market place, make sure you are comfortable with any investment before you go ahead and sign on the dotted line.  Others interested in property investment have been examining the real estate markets around the globe for value for money, return on investment, potential for growth and development, rental market opportunities and basic stability.  There are many relatively untapped property markets in countries around the world that offer the real estate investor greater return on investment in the form of rental yields or short to medium term capital growth.  

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Equity Discount Real Estate Investing (westchester county ny) PDF Print E-mail
Westchester County NY News and Events
Written by Webmaster   
Tuesday, 13 March 2007

Equity Discount Real Estate Investing

Consider these parameters for a real estate deal:

Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500

If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).

So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:

If I offered to give you this deal in exchange for $10,000 in cash, would you do it?

Remember - this is hypothetical. The real question here is this:

Would you exchange $10,000 in cash for $87,500 in equity?

For most savvy investors, the answer is: Absolutely YES!

This is called "Wholesale Real Estate Investing" - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.

Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times each month, offered you the opportunity to purchase significant amounts of equity for a severe discount...

...It would be quite easy to become wealthy, fairly quickly, wouldn't it?

The answer again, is: Absolutely Yes, it will.

It is through smart "wholesale real estate investing" that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.

...Now the burning question becomes, "Where exactly do I find these wholesale real estate investing deals?"

I know of at least 3 solid sources...

You've got to admit - it will be a pretty wonderful thing when you know how to find great real estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself...

...And that's exactly what "wholesale real estate investing" is all about.

So let's get right to it. Here are 3 places to find wholesale real estate deals:

1.) Visit the local real estate investing club in your area. Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.

2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, "We Buy Houses", or "Sell Your House in 9 Days" or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.

3.) Watch your email-box. Why? Because if and when you choose enrollment in various free e-courses online, such as that via tm-RealEstateInvesting.com, you'll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you've got to act quickly whenever these deals are announced, because obviously the response is always significant.

Happy Hunting!

About the author:
James Louis writes about things that impact our society. A long time real estate investor, he likes to share his knowledge, insights and tools. One of his favorite tools is the 1031 exchange. For more information visit:
http://www.the-1031-exchange-site.com


Small Business Credit Card Advantages David HallObtaining a business credit card enables the small business owner to separate personal expenses from business expenses. Offering business credit cards to their employees eliminates the need for employees to use their personal credit cards or cash to make company purchases. Employees using a business credit card will not need to fill out expense statements, wait for approval and reimbursement from their company. Transactions are itemized and reported on quarterly statements that make it easy for management to make changes if needed. Business credit cards can be provided to the employees with preset spending limit and helps in controlling employee spending.

One of the main advantages of a business credit card is that it provides efficiency and control over company expenses by consolidating individual expenses. Instead of receiving a flood of invoices and expense statements, the company can receive one expense statement each quarter with itemized employee expense. Also business credit card companies can provide an itemized year-end statement with summary of all transactions. This enables the manager to track expenses very clearly and also simplifies the figuring out of the company tax return.

Business credit cards offer many benefits such as 0% intro APR on your balance transfers and purchases, cash back rewards on business purchases, business travel rewards, no annual fee, online account management and discount on everyday business purchases plus a host of other features and benefits. These bonuses and rewards can lower the company expenses and add up to a significant amount of savings for the company. An important feature of business credit card is the ability to build the company credit standing and receive incremental increases in credit line and cash flow over time.

With a business credit card, employees are less likely to make impulse purchase, because they are aware that the business credit card is company property and should not be used to make personal purchases. Avoid mismanagement of your business credit card by always making payment on time thus avoiding late fees and higher interest rate. Make sure you read and understand the terms of use of your small business credit card.

Business Credit Card Advantages


Business owners are able to manage and control employee expenses

Receive quarterly and annual statements detailing their employee's expenses

Set employees expense limit

As a safety issue, employees have no need to carry cash for company expenses

Quarterly and annual reports which simplifies income tax preparation

Having a line of credit which increase cash flow

Taking advantage of business credit card features and benefits

Online account management


About the author:
About The Author:
David Hall owner of the popular site www.iCreditOnline.comHe has tools for finding a wide range of financial services including secured and unsecured cards, student and business cards, auto loans, and more from the most reputable companies in the industry. You can also compare multiple credit card offers, securely complete an online credit card application, and receive a credit decision in at least 60 seconds. Visit David's site today: www.iCreditOnline.com

You have permission to republish this article on your website on condition that you include the byline and hyperlinks intact:




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Last Updated ( Tuesday, 13 March 2007 )
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(Westchester county news) By arming yourself with knowledge before.... PDF Print E-mail
Westchester County NY News and Events
Written by Webmaster   
Tuesday, 13 March 2007

By arming yourself with knowledge before you head to the lenders, you can ensure that you are going to get the product you need at the price you can afford.

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  • (Westchester) Before you invest in real estate take ti....
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  • (Westchester county events) Learn how to make more money in one month being a real estate agent!
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