THINGS TO KNOW IN RESIDENTIAL REAL ESTATE INVESTMENT

Author: admin / Category: Residential
It is probably a wise choice to put in your money in residential investing since almost 98 percent of the world's millionaires have made their fortune through real estate property. The real estate would continue to be a solid investment as the world's population is on the rise. Hence the need for land is also increasing. The need for housing would inevitably continue to rise even with the real estate industry's periodical rise and fall.However it is important to study and learn the market for becoming successful in residential real estate investing like in any other investment. The formula for success is really simple; you must buy low and sell high. But knowing how to perpetuate this is the success of each investor. You must follow certain guidelines for attaining success in residential real estate investing. First thing to know is that you must never get caught up in the sale of the property. Never forget the true investment goals and make sure to do the research on the property before making an offer. You would get a best deal if you find the properties that .. more

GREENVILLE SC RESIDENTIAL REAL ESTATE MARKET CONDITIONS STAT...

Author: admin / Category: Residential
Greenville SC Residential Real Estate Market Conditions Statistics, Properties, Listings and Homes for Sale - June 2009. Includes such cities as Simpsonville, Taylors, Mauldin, Fountain Inn, Travelers Rest, and more.     Greater Greenville real estate market saw an increase in sales again for the months of June. Inventory level has also gone down slightly compared to the month on May. For the month of June, there were 673 (583 for May) residential listings sold, at an average sold price of 0,785. Total sold volume was 4,938,281, and the median sold price was 9,000. Average days on market for the month of June was 107 days. Year to date, between January 1st - June 30th 2009, there were 3115 residential listings sold, at a total volume of 8,009,071. The average sold price was 6,295, and median sold price was 9,400. Average days on market was 102 days. As of July 10th, 2009, there were 7062 (7175 for same time in June) residential listings Active in the Greater Greenville MLS. Average list price was 0,756, Total volume was ,912,078,161, and the median list price was 0,000. The average .. more

A ROADMAP FOR COMMERCIAL REAL ESTATE SYNDICATION, PART 1

Author: admin / Category: Commercial
HOW TO DO YOUR OWN SYNDICATIONS, Part 1 One of the most important requirements for purchasing commercial property is having enough down payment money, called “equity,” to complete the transaction. A very popular method of raising these funds when you don’t have it yourself is by forming a group of people who pool enough capital to let you close the transaction. They get a portion of the income and appreciation for their funds, you get the rest for finding, analyzing, purchasing, and managing the property. When you decide to take the step to form groups of investors through the process called “syndication,” you run into a situation where the law may require you take on a specific duty to fully inform your co-investors of all aspects of the property and the investment. Most people getting involved in group investments are usually under-informed or inexperienced with regard to the following group-investment concepts: • The legal aspects of the co-ownership of real estate. • Factors that affect the value of commercial real estate. • The process and responsibilities involved in commercial property management. • The fair compensation to the group manager or .. more

SURVIVING THE PERFECT REAL ESTATE STORM AND STILL SELLING HO...

Author: admin / Category: Value
The only thing churning more intense than my stomach was the salt water in the Gulf of Mexico. The storm surge from Hurricane Ike had most coastal residents scrambling for higher ground and my gut craving Dramamine and that patch that embarrassingly sticks to the skin behind your ear that tells the world, "I am a land lover." I was feeling seasick without ever leaving dry land. I confess. I'm a Realtor in Houston, Texas who was a selling machine leading up to the "greatest storm" of my grandkid's era. I survived the 175 MPH winds of Hurricane Carla, not to mention every hurricane before and after Carla since 1953. So, for me, this hurricane was just going to be another Texas breeze. My grandchildren, however, will tell my great grandchildren someday how they survived the greatest storm of their time. In my case however, the little ones will sit at my feet as I recount how I survived the greatest real estate storm of my time, at least since I came to Re/Max Houston 20 years ago. Now, I'm not talking about Hurricane Ike. I'm referring .. more