July, 2011

Potential Profits

Quite obviously, potential profits are enormous. More specifically-and I prefer to be specific as opposed to sounding like some get rich real estate infomercial that are intentionally vague and leave potential investors dazed and confused-the potential annualized income should and can fall between $100,000 and several hundred thousand dollars a year. The potential for this type of money is (more…)

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What Is Not A Real Estate Appraisal

I recently did a commercial real estate appraisal in Orlando on a piece of property owned by a nice lady who unfortunately had just lost her husband. Her adult son flew in from out of town to help her settle the estate.

The son needed a commercial real estate appraiser, and he hired me for the job. He was confident that the property was worth around $750,000, based on a certain (more…)

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What Are My Responsibilities While In Escrow?

Purchasing a new property is an exciting time for many people but the wait while your loan gets processed can be nerve-wracking. The time during which your loan is being processed is referred to as “being in escrow.” By this time, the buyer has accepted your offer and you have provided your earnest money. You’re in the final stretch of the home-buying process! The last thing you want to do (more…)

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Letting Agents and Tenant Referencing

Referencing is a vital part of the screening and verifying process of potential tenants. A cautious landlord can eliminate a big part of all letting problems through careful screening and selection of tenants. We all know that the majority of tenants are practically decent people, they pay their rent on time, follow the landlord’s rules and generally look after the property. But we can’t be (more…)

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Short Sale Market Latest ‘Boom’ For Corporate Fraud and Racketeering

To the nearly 250,000 people this month who will have to look hard at their financial solvency options like a short sale or a reverse mortgage because of impending foreclosure, beware of the crooks. The foreclosure real estate “economy” is rife with new forms of sophisticated white-collar crime. Reverse Mortgage Scams The majority of Americans are, at least, dimly aware that financial managers, (more…)

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3 Hot Tips For Investing In Rental Properties

Choosing the right investment property, especially for a newbie investor, can sometimes seem to be a daunting task. But choosing the right investment property can also be a challenge for seasoned investors. There are three things I look for when choosing an investment property: long term growth potential, tenant “attractability”, and cost of ownership. Long-Term Growth Potential Most investors (more…)

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What Can My Professional Real Estate Assistant Be Doing?

Real Estate can be a complicated yet rewarding business to be a part of. No two REALTORS® are the same, nor are their businesses.

So why would we expect our assistants to be one size fits all and step into your business knowing exactly what you want, expect and like? Take time right at the start to create a list of end results you expect to see.

Be clear, and communicate (more…)

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The Real Estate Cash Cow – Is It Really At Rock Bottom?

The real estate market is like a roller coaster, always going up and down. Every valley in the roller coaster when it dips down is where big money is made. There’s a cycle in the market, about every 20 years or so. At the top of the curve, the real estate market looks very sexy and attractive and everybody wants to buy in.

Right now the market is at rock bottom. How do we know (more…)

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Virtual Tours: The Benefits Revealed

With the technological developments in a highly competitive real estate industry, everyone involved ought to adopt the effects of virtual tours in this business. The reality is that virtual tours are substituting the traditional means of house buying; still there are some who tend not to trust the idea.

Others might would opt for the older techniques to buying a house, mainly because (more…)

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How to Find Your Ideal Home

Have you made the decision to move house? If so, here are 10 steps to help you find the ideal property.

1. Your first step is to make sure you’re ready to move. We all have aspirations of living in a bigger, nicer home in better surroundings, but there are good times and bad times for buying. Time it right to get the most value.

Also, by thinking about why you want to move, (more…)

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