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Simple Man's Guide To Real Estate"

Vaughan, because they reveal proven time-tested strategies that really work in today’s marketplace. How do I get answers to my questions? One of the biggest benefits you will receive from joining the CRE Online family is access to our real estate forum. Many experienced investors who believe in the CRE Online philosophy enjoy “giving back” to the community by answering questions and sharing resources in the discussion forum. If you want to “network” with other investors, the CRE Online Community is the place to be. How do I know this stuff really works? After checking out all of our free resources and our Community, you’ll know in your gut that this stuff works. But if you’re still a little doubtful, you can read our hundreds and hundreds of real-life success stories from people just like you. For beginners, they offer evidence that “no money down” and creative real estate investment deals really can be done in today’s marketplace. For those of us with a little more experience investing in real estate, these stories refresh our perspective, lift our spirit, and motivate us to pursue that next deal. J. P. Vaughan was the co-founder and Publisher of Creative Real Estate Online. She wrote the book How to Buy Your Dream House for 1/2 Price (Quantum Publications 1994, out of print).

Buying Property with a Land Trust https://buff.ly/2W8ucLN #landtrust #realestateinvesting pic.twitter.com/gpTNSj8HQE

— Clint Coons (@Clint_Coons) December 11, 2019

Realtors (real estate agents who belong to the National Association of Realtors and must adhere to a code of ethics) are good sources for recommendations, or you can ask other investors whom they’ve used. You might want to do this even before you start your property search. If you’re paying cash, you’ll need to prove you have the funds by submitting a recent bank or brokerage statement when you make an offer. Determine the best areas to look for properties. Some new investors make the mistake of limiting their search to areas close to their home. But often better rental areas may be located a little further away. New investors may think they need to live near their properties in case tenants call about repairs or other problems. But in reality, if the home is put into good repair before your tenants move in, those calls from tenants should be few and far between. Talk with other investors about local real estate.

It’s a true high risk/high reward investment. HGTV is filled with these. Flip or Flop and Fixer Upper are two of the most popular, and they make it look easy. Yes and no. It’s easy if you know how to invest in property, and a potential disaster if you don’t. Why invest in real estate, just to flip it? The basic idea is to buy a property that’s in serious need of an update. For that reason, you should be able to buy for a lot less than the current market value of updated homes in the neighborhood. On TV it always works. In real life, you have to know property values in the neighborhood to determine where to invest in real estate, and you must be able to buy a house for well below its completed market value. You also have to be able to reliably estimate renovation costs. It helps (a lot) if you can do a lot of the work yourself.

There are also real estate gurus who will convince you to use other people’s money, get cash advances on your credit cards, borrow from your 401k, or better yet, borrow from your Grandmother’s 401k to finance your deals. I believe the idea of using other people’s money, as little of your money as possible, and having as much debt as you can get your hands on is not necessarily a sound investment strategy. Some do get rich quick this way, but a fair amount of people just make things worse for themselves and the unfortunate people they convince to invest with them (sorry Grandma, I hear Walmart is hiring!). Again, this is a situation where the media, books, websites, and gurus hype things up too much. On your first few houses, play it safe. Pay off debt, especially credit card debt before you mess around with real estate. Bonus points for paying off vehicles and student loans before investing in real estate.

If you renovate a house (add a swimming pool, new kitchen, new floors etc), the value of the property rises. Once you are ready to cash in on your investment, you can hopefully sell the house for a nice profit on the original price. Each time you buy, sell, or renovate a house, you have to deal with various middle-men such as bankers, loan sharks, real estate agents etc. It’s your choice which of these services you use while performing the various actions. At the top of the game screen, your ‘Available Funds’, ‘Debt’, ‘Net Worth’, and ‘Credit Score’ are visible. Obviously, you need to have more than enough ‘Available Funds’ in order to purchase a house. turnkey real estate rentals ‘month’ (just a few seconds in real time), you are shown a mortgage report. On the left side of this report, you can choose to pay your mortgage loans on the various properties that you own. On the right side of the report, the income earned from tenants is displayed. The higher your Credit Score, the easier it is to get loans. However, if you stall payments on your mortgages, your Credit Score glowers. The game lasts for a total of 4 ‘Years’ - so you have 48 ‘months’ of real estate trading. Remember to buy 'em low, and sell 'em high!

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Real Estate Investing Archives · Fit Small Business

It's a vehicle to transfer wealth from generation to generation. And it has a history of preserving wealth. While most advisers recommend that real estate make up 5% to 15% of a portfolio, the size of the allocation depends on a client's circumstances. Clients with assets in the tens of millions of dollars can better afford to have sizable stakes in real estate, which tends to tie money up longer, Mr. Bell said. 4 million home to make an even bigger land-based bet. Similarly, if a client is in line to inherit 10,000 acres of farmland, upping his exposure with an agricultural REIT is overkill. Clients often come to advisers with real estate stakes of various sizes, said Peter Bermont, managing director of Bermont Advisory Group at Raymond James. The three most common real estate investments for wealthy clients searching diversification are REITS, direct ownership and private equity. And thanks to the tax changes approved in 2017, there's a new option that some advisers advocate. An easy way to gain exposure is to buy REITs through public markets with low-cost exchange traded funds (ETFs) or index mutual funds.

For a free way to gauge pricing. Need a rough estimate of what a property's worth on the current market? US Real Estate Equity Builder bases its property "Zestimates" on recent sales and public records, so it can help you get an idea of what a home might fetch after improvements. It also allows you to search recently sold homes in an area to get more deep-dive insights. For detailed property reports. If you’re looking for more detailed (and likely more accurate) valuations, RealQuest can help. This one charges a fee, but it pulls a whole slew of data points for any given address. You’ll have access to transaction and ownership records, nearby sales, MLS data, estimated property values, and more. You can even check foreclosure statuses on properties you’re eyeing. For estimating a property’s financial performance. Altisource’s Investability tool goes beyond valuing a property. This one actually helps you estimate the cash flow, cap rate, yields, and other financial results a home can deliver. It’s specifically aimed at single-family real estate investors. For evaluating properties on the go.

I learned what a rehab should cost precisely (depending on the part of town). Also, I learned never to spend too much on a rehab. Overspending is a mortal sin of real estate investing, and it derails many investing careers. Simultaneously, I became a licensed Realtor, and spent many long hours studying the local market in the MLS. I became a true expert on my local real estate market, especially in the blue-collar neighborhoods where I buy. Being an expert has enabled me to buy houses usually at least 20 percent under market value in any real estate market in my city. Lesson learned: Learn your local market so you can get houses well under market value. Can’t find them in a hot market? OK, then go to Click to See Properties in the next three months, and find an expert real estate investor who can help you find those deals.

German proptech startup Thing-it raises €4.2 million to build the digital brain for smart buildings - EU-Startups

Kansas City Turnkey Real Estate Investments

https://buff.ly/37cBzqT

#RealEstateInvesting #PropTech #Dubai #London #Vancouver #Sydney #FinTech

— Aequius (@aequius) December 11, 2019

Mr May said that while clients do not share their reasons for interest in the schemes, "it is very obvious that it is the most recent developments in Hong Kong which caused them to look again at their Plan B". Are golden visas losing their sparkle? Overall take-up of golden visas schemes remains small - Arton Capital processes up to 1,000 applications each year - as they target only the wealthy. Still, Hong Kong has plenty of eligible candidates. The Asian financial hub is a hotbed for the rich, and was home to 179,000 millionaires in 2018 according to Credit Suisse. Hong Kong ranked 15th in the investment bank's latest list of countries with the most ultra-high net worth individuals. Protests in Hong Kong are not the only factor luring residents to golden visa schemes. Advisory firm Henley & Partners has also seen a jump in Hong Kong-based inquiries into investor visa programmes since the outbreak of unrest in June. The firm's public relations director, Paddy Blewer, said the spike comes "as the protests in the city escalate, and as uncertainty about the future persists". But, he adds, domestic issues are only part of the story. Many Hong Kong clients seek out residency or citizenship schemes for the same reasons any other applicant would, Mr Blewer said, such as opportunities to travel, invest in another country or study abroad.

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Big Deal Real Estate Investing Group - Online Webinar Milwaukee, Wisconsin Tickets, Multiple Dates

Points can range from 2% to 4% of the total loan amount. So, you’ll pay heftier fees in exchange for convenience, but that’s okay given the potential profit you’ll walk away with. Another obstacle is that they may not cover the full cost of buying the property. These lenders usually lend 65%-75% of the current value of the property. Some will lend based on the value of the property after it’s been improved, also known as the "after repair value" (ARV). That leaves you to fund the difference or find another source of funding to bridge the gap. Do a quick Google search for hard money lenders in your area and see what pops up. Also, go to local Real Estate Investors Association (REIA) meetings and network. Ask for recommendations from the members there. Once you’ve found a hard money lender, don’t forget to make sure that lender is reputable.

German proptech startup Thing-it raises €4.2 million to build the digital brain for smart buildings - EU-Startups

Kansas City Turnkey Real Estate Investments

https://buff.ly/37cBzqT

#RealEstateInvesting #PropTech #Dubai #London #Vancouver #Sydney #FinTech

— Aequius (@aequius) December 11, 2019

There are several ways to do this - from buying in an area with high rents, to putting a lot of money down so that your mortgage payment is low. One of our favorite ways to do this online is with Roofstock. You can buy single family rental properties (that already have tenants and cash flow) easily online. There are two downsides to owing a rental property directly. First, it typically requires a lot of cash up front - from the downpayment to the maintenance required. You really need to assess whether your return on investment will be worth it. The second major downside of real estate is dealing with tenants. You’ll need to screen renters before letting them move in. You’re also bound to hear sob stories at one point or another so you’ll have to learn to be firm with renters. If you’re the type to easily give in to people, you may be better off letting a property management service oversee your rental properties.

Other than the Libra news, some of you may have seen last week, maybe the week before, news that PayPal, via a 70% interest, purchased Chinese payments company GoPay. Now gives PayPal license to provide online payment services in China. 96.73 trillion. Listen, that's a big market opportunity. I don't know that necessarily all applies to PayPal. But ultimately, we're talking about money that flows through these networks. That's PayPal's opportunity. If you're talking about a country the size of China, you're talking about a lot of money flowing through a big network. PayPal getting entry into that market, that was the hardest part. Now it's going to be just about building out products and services for more people. You may wonder, why PayPal? Perhaps they're just seen as the best option in a tech-driven-payments world. I'm not sure. We obviously like it for a lot of reasons. It's a company that was built on the technology as opposed to one that's pivoting toward technology. And then, you can't forget about the big cross-border opportunity. Real Estate Investing 've seen MasterCard and Visa both investing heavily in that opportunity.

Commercial real estate (CRE) is used for business purposes, such as retail or office space. Industrial buildings, apartment complexes, mobile home parks, and assisted living facilities also fall into this category. Commercial real estate is costlier than residential real estate, often requiring a greater down payment. There's usually more property to manage, too. Investors in CRE need to dedicate ample time to learning how to properly invest in and manage the asset class before finding, buying, and managing an asset. With the larger upfront cost and significant time and effort required, many choose to invest in commercial real estate through alternative methods, such as REITs, ETFs, partnerships, or crowdfunding. 50,000 or more to their investments. Those who want cash flow or tax benefits from owning commercial real estate and are willing to dedicate time and effort to owning and managing the property. Real estate crowdfunding connects accredited investors with investment opportunities.

But if you can invest for at least three years, you might want to consider the MogulREIT II. It has more upside potential as investment properties appreciate in value and generate more income. The tradeoff is that you receive a smaller monthly dividend in the meantime. The MogulREIT I portfolio offers an annual dividend yield of 7.81% with monthly payments, as of July 1, 2019. This REIT holds commercial and retail properties across the U.S. There are also US Real Estate Equity Builder in the portfolio. You can view the current portfolio holdings on the RealtyMogul website. The MogulREIT II pays only a 4.50% annual dividend (since January 1, 2018) and holds multifamily apartment buildings. However, there’s more long-term upside potential because this REIT is more equity-focused. As equity projects appreciate in value, you can earn profits when they sell. This REIT launched in September 2017 and currently holds six properties located in Illinois, New York, and Texas.

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Norway Wealth Fund Says Climate Change Key To Risk-based Divestments

Many times, the first free class offered by an investing coach is just to lure you into more classes. It's better to find an investor who has been in the business for a decade or more and has done 500 or more deals. You must study the market constantly and stick to your niche. Many beginners in real estate investing are lured into hiring a real estate coach or guru who promises to teach them how to be a successful investor — for a price. Is one of these real estate coaching programs worth it? Generally, beginning investors should use caution when paying thousands of dollars for any type of coaching or guru program. The bottom line on these programs is that a lot more goes into being a successful real estate investor than learning a slick system from an expert. Becoming successful in this business takes a lot of work — a lot of work. Most aspiring real estate investors never even do a deal, let alone make any money at it. A huge part of being a successful long-term investor comes from developing a stellar reputation in your market.

Some investors go for deals without having cash buyers in place. Others fail to do a proper deal analysis and end up shelling out way more money than they should have. If US Real Estate Equity Builder can learn from your mistakes, that’s good. If you can learn from the mistakes of others, that is even better. You don’t have to work as an apprentice for years for very little pay to learn the in’s and out’s of the investing world. But connecting with a real estate mentor who is willing to share his/her knowledge with you and show you the ropes can be priceless. Don’t ask your best friend to be your mentor simply because he’s your best friend. Talk with a few successful investors to find someone who meshes with your personal and professional style. Your mentor should be able to guide and serve you, answer your questions and offer advice when you hit an obstacle.

I kind of saw it as when BenXVI needed a new white cassock or a fluffy rug for in front of the bath tub, he dipped into Peter's Pence. I didn't know it was for investing $$$ in London luxury real estate to become a capitalist running dog real estate mogul. Call me foolish.

— Patti Millison (@PMillison) December 11, 2019

Kansas City Turnkey Real Estate Investments

Meaning, they can increase or decrease in value very fast after you buy them. This is normal and is a reflection of how the stock market works, but investing in stocks is not a get-rich-quick scheme. Most successful investors take a buy-and-hold strategy and plan to hold onto their investments for an extended period of time. I’d advise you do the same due to this risk. See Enron. Okay, maybe that’s not a fair comparison, but the truth is when you invest in stocks you can lose it all. You’re investing in the company, and if that company goes under, so does your investment. In some cases, you’ll get something back after the company goes down, but most times you won’t. Since the Enron incident, investors are a lot more cautious in how they evaluate companies, and there are new rules and regulations on how companies report their earnings. So you have tools and resources available to you, but if you have no idea what you’re doing it won’t help.

Real estate investors who do their research, especially with help from industry experts, can find great real estate bargains. Of course, you can technically purchase stocks and other assets using debt, but this can be very risky because the financing is not to purchase a hard asset. Real estate, on the other hand, is a market where products are usually bought with debt. Real estate investments purchased with hard money or a mortgage can be structured in ways that are rather safe and affordable, so that large purchases can be made with a relatively small initial investment. The result is the purchase of a hard asset that appreciates year-over-year, and paying for it primarily with other people’s money. When purchasing shares of a stock, the transaction cost for the trade is very low, often just a few dollars. But when purchasing real estate, the transaction costs are considerably higher. Unlike other types of investments, real estate transaction costs can significantly affect the value of the investment and make it more difficult to turn a profit. Many investments are highly liquid, and can be bought and sold for a profit in a fraction of a second, as with high-frequency stock trading.

Ask a successful investor for their opinion on hiring a real estate investing mentor and you’re likely not going to receive the same answer twice. One investor will swear by mentors, saying a coach is a must and it’s impossible to reach the highest levels of success without one. Another will say that mentors are unnecessary and a complete waste of money. And yet another investor will have an opinion of mentors that is somewhere in-between these two extremes. My personal philosophy is more similar to the former than the latter. However, I can find truth in the arguments from both sides, because, like most things in real estate, it depends. It depends on what your expectations are for a mentor. It also depends on why you want to hire a mentor in the first place. In this post, I outline what to and not to expect from the best business mentors, as well as when it is the right time to hire one.