Posts Tagged Start

How To Start & Invest In Real Estate Notes And Paper 3

http://RealEstateProfitCoac… Bob Leonetti shows in this Two Men and a Whiteboard series of videos, all the basics on how to start and invest in a real estate notes and paper business. Real estate…

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How to Start Real Estate Investing and Hit the Ground Running

This article covers six dynamite real estate investing tips intended to help anyone just getting started in real estate investing to successfully launch and hit the ground running with real estate investment property.

1. Develop the Correct Attitude

To stand a chance of succeeding at real estate investing, foremost, you must understand that real estate investment is a business, and you will become the CEO of that business.

As your first order of business, then, it’s crucial to develop the correct mind-set about investment real estate and be able to make this distinction between buying a home and investing in real estate:

“You buy a home to live and raise a family; you buy real estate investment property to pay for the home, live comfortably, and raise your family in style”

As one very successful real estate investor said, “Only women are beautiful, what are the numbers?” In other words, you will not succeed at real estate investing until you acknowledge that it’s not curb appeal, amenities, floor plan, or neighborhood that should turn you on or off to the investment opportunity; what counts most is the property’s financial performance.

2. Develop Meaningful Objectives

A meaningful set of (realistic) objectives that frames your investment strategy is one of the most important elements of successful investing. Yes, we may all desire to make millions of dollars from real estate investing, but fantasy is not the same as expressing specific goals and a method on how to achieve it.

Here are some suggestions:

How much cash are you willing to invest comfortably? What rate of return are you hoping to achieve by making the investment in real estate? Are you expecting instant cash flow, looking to make your money when the property is resold, or merely looking to achieve tax shelter benefits? How long are you planning to hold the property before you dispose of it? What amount of your own effort can you afford to contribute to the day-to-day operation of running the property? What net worth are you hoping investing will help you to achieve, and by when would you like to achieve it? What type of income property do you feel most comfortable owning, residential or commercial, or does it matter?

3. Develop Market Research

If you’re new to real estate investing, you undoubtedly know little about investment real estate in your local market. So, do market research to learn as much as you can about income property values, rents, and occupancy rates in your area. The better prepared you are, the more likely you are to recognize a good (or bad) deal when you see it.

Here are some good resources:

(a) The local newspaper, (b) A local appraiser, (c) The county tax assessor, (d) A qualified local real estate professional, (e) A local property management company

4. Run the Numbers

I can’t stress enough the importance of running the property’s cash flow, rates of return, and profitability numbers. Remember, real estate investing is a business, and as the CEO of your investment enterprise, you’ve got to know what you’re buying, especially if you’re trying to determine which of several investment opportunities would be the most profitable.

You have two options:

(a) Invest in real estate investment software. This will enable you to discover for yourself the investment property’s cash flow and rates of return, and create your own analysis reports. Plus, by running the numbers yourself, you gain a broader understanding of real estate investing nuances, and in turn might be less likely to fall victim to the wiles of someone with little concern about how you spend your money.

(b) At the very least, work with a real estate professional that has invested in real estate investment software and can calculate, present, and discuss the property’s financial data with you.

5. Develop a Relationship with a Qualified Real Estate Professional

Working with a qualified real estate professional is a great way for beginners to get started with rental property investing because an astute professional can acquaint you with local market conditions, recommend a property that meets your investing objectives, and discuss strengths and weaknesses about specific property performance.

Here’s a warning, however: Work with a real estate person who understands investment real estate.

Be sure the agent has a firm grip on key financial measures inherent to real estate investing, knows how to measure profitability and rate of return, has the ability to present the data you need to make wise investment decisions, and, most importantly, shows a genuine interest in how you spend your money. The last thing you want to do is to get involved with a real estate agent that would throw you under the bus just to make a commission.

Here’s a good way to interview for an agent. Ask them for the property’s cap rate and then request an APOD. If their response (even to these basics) is to stand there looking at you like a deer into the headlights of a car, find another agent.

6. Start Investing

Hopefully, this has given you some insight into real estate investing, highlighted a few things to make you a more prudent real estate investor, and perhaps alerted you to a couple of things that should be avoided.

Okay, that does it for us, now it’s time for you to get started. Here’s to your success.

James Kobzeff is the developer of ProAPOD Real Estate Investment Software. Want to start working with rental property today? Discover how to create cash flow, rate of return, and profitability analysis presentations in minutes at =>

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Preparing To Start The 76 Newyorker After 17 Years

old guy died, i have to resurect this classic car.

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Start Up Of 10hp Tecumseh Snow King

this is on a Estate by Muray snow blower! we bought this bran new back in the early 90s before i was born lol! but it works i figured out that the shear pin in the axle broke its not the belt :D

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Want to Start a Career in Real Estate? Get a Real Estate College Degree

If you’re a non traditional student that wants to change careers or if you have been a stay at home parent for years and you’re now ready to get back into the workforce getting a real estate college degree might be exactly what you need to get started in a new career in real estate. There are real estate training seminars and mini courses that you can attend to learn about real estate but in order to become a real expert in real estate you should get a specialized real estate college degree. If you don’t have a lot of experience in the real estate field or if you have been out of the workforce for many years then getting a real estate college degree tells potential employers that you are serious about wanting to have a successful career in real estate. Sometimes having a real estate college degree can make up for a lack of experience because the real estate college degree will give you a lot of knowledge and insight into the world of real estate. If you don’t have a lot of experience in real estate then getting a real estate college degree can help you learn all the intricacies of the real estate business. Once you have a real estate degree you can even open your own real estate office and work for yourself. Real estate is one of those industries that there will always be a high demand for because people will always need to find somewhere to live. Getting a real estate college degree will teach you how to deal with buyers and sellers as well the laws regarding real estate sales.

Real estate can be a great career for people who like to work independently and are good at sales. If you are looking for a part time job that has a high commission payout then real estate is the job for you. Getting a real estate college degree is really an investment in your real estate career because it will help you achieve more and go further within the industry. If you are already working in real estate then you have probably realized that having a real estate degree is a great way to set yourself apart from the thousands of other real estate agents. Experience is great but education is also important to even if you have experience in real estate you can benefit from getting a real estate college degree. If you want to someday branch out into another area of real estate then having a real estate degree is very important because when you move into an area of real estate that you don’t have a lot of experience in having some education in that field is a big bonus and might be the only thing that gets you a job in that area of real estate. Getting a real estate college degree online is a great way to network with other real estate agents and increase your knowledge of real estate while you also improve your resume and increase your potential to have a high powered career in real estate.

About author:

Bailey Smith writes about real estate college. Visit to more about real estate college

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How Do I Start A Real Estate Fund With Friends?

I want to start a legitimate fund that will allow me and my friends and family to put money together and invest it in real estate. How can i set that up. I want it to be on paper so noone has to worry about loosing their money.

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How To I Start A Real Estate Partnership?

I am planning to start a real estate investment partnership with friends, just wondering, when applying for loans on properties how would we go about providing income information?

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What Is The General Cost To Start In Real Estate?

I have researched the basics of getting into real estate such as the classes you need, the cost of the license, the test you need to take, and other legal matters. My main question is, how much money is typically needed to really get going? I live in Georgia, and am pretty sure that the cost of the license is $170.00, and the test is $70.00. I’ve heard that in-person classes range from $700.00-$1000.00, while online classes go between $300.00-$500.00, and that you shouldn’t take the online classes. If someone could elaborate on this, it would be much appreciated. Also, a ballpark estimate of how much money would be needed for other fees that pop-up, such as advertising yourself. I live at home with parents currently, so living expenses would be minimum. Any information would be much appreciated.

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How Can I Learn How To Start In Real Estate Investing?

I know I want to start investing in real estate, but I feel I need guidance on how to get started (find a coach). Can anyone suggest someone (an individual or a program)?
Thanks :D Mike

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Can I Start The Classes At 17 To Get My Real Estate License?

I am currently still in high school, and was wondering if i could take the classes to start the process of getting my real estate license. I want to sell real estate on the side. Kind of like a fall back position. Tell me what you think. Oh, and the state I want my license in is California.

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