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Scottsdale Real Estate Schools

Real Estate SchoolPhoenix has been experiencing a rapidly growing real estate market and the prices of properties here have soared in recent months. Investors are flocking to Phoenix to view listings, shortlist properties, negotiate prices and buy condos and luxury waterfront property. Golfers want to retire in Phoenix. Baby boomers are booking properties for spending their retirement days. This flurry of activity has motivated a number of people to seek careers as real estate brokers and agents. They are granted their licenses to work in the profession from various real estate schools.

One of the leading real estate schools in Phoenix, Scottsdale Real Estate School offers real estate courses online and on CD-ROM. It’s never been so convenient to pass your real estate exams and achieve a license. The real estate courses offered include: real estate license, sales associate and broker?s pre-license, post license continuing education, and prep courses for students to prepare for real estate exams and state exams. They offer fully accredited real estate courses that meet the license qualification and continuing education requirements for real estate professionals in Phoenix. These courses can be done from anywhere around the world. Scottsdale Real Estate School is open 24 hours a day, 7 days a week. They believe in serving the student around the clock to better meet their needs.

Scottsdale Real Estate School has introduced the most convenient way available to fulfill the professional license educational requirement. Their CD-ROM and online real estate classes allows the aspirant to begin courses at any time. Upon passing the online exams, they receive a certificate of completion and full course credits. Additionally they offer a new and exciting way to obtain the required real estate education credits. They noticed that many students simply don’t have the time or desire to attend a class. For them, an online training course has been created.

There are a few criterions that need to be fulfilled before applying for a real estate broker license. It is required for the applicant to be at least 18 years of age when applying for a real estate license. Additionally he may not have had a real estate license denied within one year, or revoked within two years immediately before applying. Scottsdale Real Estate School helps the applicants with the license procedure and makes it as easy as it can be.

Real Estate Schools [http://www.e-RealEstateSchools.com] provides detailed information on Real Estate Schools, Online Real Estate Schools, Phoenix Real Estate Schools, Scottsdale Real Estate Schools and more. Real Estate Schools is affiliated with Real Estate Agent Courses [http://www.i-realestatecourses.com].

Article Source: http://EzineArticles.com/expert/Ken_Marlborough/44832

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5 Smart Real Estate Investment Options

Real Estate Investment 2In the real estate scene, there are a lot of viable options available for every individual who wishes to invest in an excellent asset. With today’s unbalanced economy, now is the best time to become a real estate investor. However, you know that there are a lot of choices out there and this can confuse you. The key to becoming a successful investor is to know your options and be open-minded before narrowing down on a certain target.

The real estate world is very big and it comes in two ways – it can either generate you a lot of money or it can pull you down big time because of its risks. The key rule to do well is to know which investments can do you good whether it is in a good or bad condition. In other words, it must stand the test of time.

The following are the top five real estate investments options that every individual can choose to invest on:

1.) Residential Rental Properties

A rental property serves as the playground for first time investors since this is basically the starting point for most investors. What makes rental properties a great investment is because people need not shell out too much money in order to obtain this asset. Plus, it is totally not hard to buy it and then gear it to become for rent homes or for rent apartments.

The payments that one can generate from it can cover up the residences mortgages and other rental property expenses that come along with it.

As a landlord or a landlady, you get to reap the most rewards from having tenants. You not only generate a monthly income based on your tenants monthly payments but as well as get hefty pay-offs.

However, rental housings also display a risk especially when renters default in making their payments since you can end up paying all the expenses instead. Thus, you need to be ready on coming up with various solutions to counteract such instances.

2.) Single and Multi-Family Residences

For single family homes, these are great ventures when the economy is favorable and it displays lower risks. The advantage it has over multi-family properties is that the cost of purchasing and maintaining it is lower. It requires lesser paperwork and lower taxes. Plus, its home value appreciates more over time.

Multi-family homes on the other hand can produce more returns, less upkeep expenses and buying costs less since it is for a number of families.

3.) Flipping

Or more known as real estate turn around, flipping is when an individual purchases a house and then sells it to generate profit. This type of asset are best for people who have excellent knowledge and background for residential real estate investing as this includes knowing how to smartly market homes, recognize when the best time for selling houses is and identify what methods can best sell houses fast.

4.) Commercial Real Estate

Entirely distinct from residential real estate investing, commercial real estate investment is an expensive outlay to have but it is considered as tried and tested assets since these investments offer security whether the economy is experiencing highs and lows.

Commercial assets makes for a great outlay since you are offering your assets to large people, meaning, your tenants range from small to big time business people. Tenants rent your place for putting up business firms, shopping malls, grocery stores, gyms and other commercial establishments. If the business is booming, so will your investment’s value.

Stability is the biggest advantage commercial real estate offers to people since one establishment can lease it and the other can rent it immediately. It offers a long-term basis of partnership and profit.

5.) Real Estate Investment Trusts

Also known as REITs, these are units that allows individuals to purchase, develop, manage and sell varying types of real estate assets like mortgages obtained by residential housings (apartments, condominiums, etc.), hotels and office buildings.

REITs are the most popular investment option preferred by people and they are operated just like stocks and is the easiest way to get in and out of investing. These gives off high dividends which makes it a very attractive asset to have and can be liquidated and give every investor high returns and lower risks.

To make investments profitable and advantageous to you, weighing every possible option is the best answer. A lower risk means higher returns and a happy investor.

 

 

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RealtorPress: Start A Real Estate Website With This WordPress Real Estate Theme

Real Estate WebsiteRealtorPress is a real estate theme for WordPress that meets the needs of even the most demanding realtor. It’s well designed, it looks good, it looks professional, it undoubtedly looks the part. Whether you are marketing your own properties or marketing the properties of others for a commission, RealtorPress is for you. Over the years the monies generated through the sale of property has boomed exceptionally. The prospect of becoming affluent through the sale of property is a realistic one. And the prospect of having your own real estate business on the web only serves to increase the wealth generating potential associated with the sale of property online. Having your property portfolio on the internet will expose your properties to an incredibly wide number of people. A wide stretching global audience who’ll have the chance to browse your collection of property with a great deal of choice and ease. What’s more, the rise of interest in property, aided by the use of the world wide web means that there’s now more opportunities to make money through the sale of property than ever. More to the point, you can setup a real estate website without even having a real estate business, let alone own property. This is in large part due to the fact that you can set up a realtor website with RealtorPress and simply join a realtor affiliate program.

So what does that mean? it essentially means that you can set up a real estate site with RealtorPress, join a realtor affiliate program, then advertise the properties of other established real estate online businesses that you’ve become an affiliate with. The way you make money via this method is simple. You setup a realtor site using the aforementioned theme, you promote affiliate property on your site, and when visitors to your site click to find out more about a property, or properties, you have listed on your website, they will be directed to the relevant website where the real property is actually being advertised. This action will be tracked by the affiliate program you have signed up to. If a person ends up buying property from the site you directed them to via your website, you will earn a commission on the sale. So as you can fully well understand, this method makes it incredibly easy to make money with your website. Making money online using these sorts of methods, particularly, where property is concerned can be extremely lucrative.

With this in mind you can fully well appreciate the importance of having a real theme estate theme that not only looks good, professional, but also a real estate theme that is SEO friendly. An SEO friendly theme is absolutely essential when it comes to establishing a presence on the internet. A theme that is search engine optimization friendly is a blessing in disguise. A theme with this quality will help you to rank higher in all the major search engines and even in the smaller ones. Ranking higher in the search engines is an absolute must when you want to make money on the web. The higher you rank in the search engines is the more likely you are to generate traffic. The more traffic to your site means more potential interest in the properties you have on offer. This ultimately means that you may potentially end up with a fortune especially given the large amount of people that are exposed to the web.

RealtorPress is a real estate theme by PremiumPress that fulfills all of your real estate theme needs. Moreover, it looks the part, and above all s low cost makes an absolute steal for anyone seeking to make money on online via real estate. Why not check out our PremiumPress VIP Coupon which is currently saving our users great deal of cash on all of our themes. Thanks for reading!

 

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Real Estate That’s Out Of Sight

Out Of SightMany real estate investors have been flocking to some of the less expensive or newly appreciating parts of the country and plunking down their hard earned cash in order to get into the game. In this Special Report, we are going to take a look at what you need to know before you invest in real estate that’s out of sight.

One of the mistakes that many real estate investors can make is to confuse what seems like inexpensive investment property with investment property that is a smart buy. This happens especially when real estate investors are used to the high prices of hometowns such as Los Angeles, New York City and Washington D.C. Real Estate investors that hail from these cities must take off their hometown “real estate goggles” and heed the advice of local experts in the cities they are considering for investment.

Ron Akin, owner of Sunridge Management in Dallas Texas, says, “I have seen real estate investors come to Texas from places where the property is expensive, like California, and they get so excited to see apartments selling for $22,000 per door when they are used to $80,000 – $120,000 per door. The key is to understand that what seems inexpensive for your home town does not mean it is inexpensive for our town. There is a lot more to consider than the price of the property before you purchase in a new market.”

Once you leave the comfort of your own town to venture out to exciting new real estate destinations, real estate investors need to be aware that if property prices are lower it is also going to mean that rents are most likely lower. Sometimes rents are so low that properties won’t cash flow even if they do seem “cheap”. Another consideration is maintenance and management expenses. When buying out of state you are going to be at the mercy of someone else watching your building and you aren’t going to have the ability to do things as inexpensively as you would if you were close to your property. “Here in L.A. I have access to a very large, very reasonable labor pool. In New Jersey, where I own investment property, the available labor pool is extremely limited and at least two to two and a half times as expensive,” says real estate investor Sandy Shaud.

When you are considering investing out of town or out of state, one of the first things to do is find a local investment real estate agent. It is crucial to be aware of all of the special considerations of your potential new city. Joanne Ferraro of Prudential Fox and Roach in Margate NJ says, “Our city has restrictions on renting, like how many occupants you can have per unit and also restrictions on how you can’t terminate a tenant, even if their lease is up. Unless you get assistance from a local real estate agent, there is no way you can know all that you will need to know as a new property owner in our town.”

If you are considering a larger purchase like an apartment building, have a few professional property managers check out the building and the rents and expenses to see if they are realistic. Ron Akin says, “I have seen a lot of cases, especially sales of buildings that were managed by private owners, where the number of vacant units or the monthly expenses were not the least bit accurate. A good property manager can review the building and the books and give you their neutral opinion on whether a property can give you the cash flow you are looking for.”

Another consideration is property taxes. Property taxes can vary greatly and have a great impact on your bottom line. The latest run up in real estate prices has been great for many real estate investors net worth yet bad for their monthly cash flow. If you own property in an area that reassesses property values every year, you could see a big jump in your tax liability since your property value has gone up. Sandy Shaud says, “My property taxes in California are set permanently at 1.25% of the purchase price of my property. In Dallas, where I have a large apartment building, my taxes are about 3% and reassessed every year. Three percent is a huge bite out of my monthly operating budget.”

Finally, you want to look at the tenant base and vacancy rate of your potential new investment town. You can buy plenty of inexpensive rental property all across the country, but will you be able to rent it out for at least a break-even cash flow? Again, this is where your local real estate agent comes in handy. They can tell you the going rents and how difficult it is to find tenants in the neighborhood you are considering.

Another consideration is the type of tenants you will most likely attract depending on where you buy. “I have an investor who bought a property for $55,000 and it cash flows, but he wants to sell because he is having trouble dealing with the tenants. He bought in a rough part of the city and the occupants of his property are of a different mindset,” says Megan Weil of Prudential Fox and Roach in Philadelphia. “Frankly, he is scared to deal with them.” Sometimes it works out better to buy a more expensive property in a neighborhood where you will be dealing with like-minded tenants, even if the cash flow isn’t as good.

There is a lot to consider before you jump into a real estate investment outside of your home town. Many seasoned investors will not buy out of town or out of state due to the increased expenses of managing a property from afar and the lack of control. Randy Bach, a CPA from Encino, advises, “I tell my clients that they shouldn’t buy out of town unless they have the time and money to visit their property at least once a year.” Hormoz Azizzadeh, a long time investor in Los Angeles says, “I won’t buy rental property out of my area as it is too expensive and difficult to manage from far away.”

However, many new real estate investors need to start in less expensive areas, as they don’t have enough money to buy in a more expensive town. Investor Sandy Shaud says, “It is possible to have a successful real estate investment outside of your own home town. Just be prudent, do your homework and personally inspect the property and neighborhood. I do not recommend buying property from a meeting or on line without a personal visit.”

Sandy Shaud, producer, Real Estate TV www.realestateinvestmenttv.com [http://www.realestateinvestmenttv.com]

Developed and launched in 2006, for real estate agents, brokers and investors, old and new, www.realestateinvestmenttv.com [http://www.realestateinvestmenttv.com] has exploded into a diverse website covering the latest news and information in the world of real estate investing, Check out the Real Estate Monthly Update Program, the latest Trends and Data or listen and learn from a free PodCast. Choose from over 50 different “Channels” of specific content to watch, or upload your own “Street Report” and become a REITV.com correspondent. By utilizing impactfull, original, and valuable content, via articles, advice, news, information, videos, Podcasts and professional reference, Real Estate Investment TV is being touted as “the” place to go on the web for Real Estate Investment news and information. Check out the latest Trends and Data, choose from over 50 different “Channels” of specific content, or upload your own Street” Reports and become a REITV correspondent.

Article Source: http://EzineArticles.com/expert/Sandy_Shaud/54329

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Set Yourself Up for Success With Your Real Estate Business

Real Estate Business 2So you’ve decided that you want to invest in real estate. It might be that you are still working a full-time job or you are running a business that right now takes up most of your time. Don’t make the mistake of treating your new venture as a side hobby. Diversifying and building your wealth with real estate is one of the best things you can do for your future.

Buying investment real estate is an activity that should be treated as a business and not a hobby. The mistake that many newbie investors make is that they are just making it up as they go along and are not taking the time to do their homework on how to set up their business before they start looking for properties.

It is important to not only structure your business well before you go out buying properties, but also to make sure that you put forth the most professional image possible. There are a lot of aspects to doing this well that I share with my clients, and I will share just a few simple strategies with you here.

First, every new business should you have a name. Choose a name that reflects your investing goals, the industry, and be sure to stay away from words that might have legal implications (ex. “Realty”). Also, be sure to check the availability of the name with your local Secretary of State. This is an important first step, because this is the name you will use with everything from registering your business with your state to opening your bank account. You don’t want tenants making payments made payable to you personally.

That leads us into my second recommendation. Now that you have a business name and have ideally registered it with the state, you will also want to keep your business expenses separate from your personal expenses. The easiest way to do this is to open a business bank account separate from your personal bank account, and make sure to have all income and expenses for your properties and other business related expenses flow through it. Don’t make the mistake of mixing your personal and business expenses, because should you ever be audited by the IRS you could lose some if not all of your legitimate business expenses.

When I started investing some years ago, one of the first things I did was create a name and open a bank account. It gave me a professional appearance to all of the vendors and customers I came into contact with, and an easy way to start accepting payments and tracking expenses.

Lastly, I recommend meeting with an attorney (real estate or trust & estate) to determine the best legal entity for your personal circumstances. Many real estate investors use a Limited Liability Company (LLC) because of the limits on their personal liability in the event of a legal suit. Again, check with your attorney to determine what will work best for you, but make sure you do not own your investment properties in your personal name.

Using these simple strategies, you are well on your way to setting up your new real estate business for success.

Wishing you much success,

Jewell Staley
Real Estate Investing Mentor

Now, if you’re just starting out and trying to build a portfolio of cash flow generating residential properties, then follow a step-by-step system that feels authentic and is easy to follow. The Real Estate Financial Freedom SystemTM coaching programs offer a comprehensive, easy, step-by-step method to investing in residential real estate that will generate monthly cash flow to build wealth. You can learn more at Real Estate Coaching.

A former Wall Street Executive and MBA Graduate of the Wharton School at the University of Pennsylvania, Jewell Staley, teaches working professionals and business owners how to diversify and build real wealth with real estate.

To get your FREE Audio “How to Replace Your Paycheck with Passive Income from Real Estate” and weekly timely tips to get started investing, visit realestatefinancialfreedom.com