Believe The Dream: What Is All The Hype Surrounding Real Estate Investing Really About?
July 19, 2011 by Kenny Santos
Filed under Real Estate Investing
The best reason for investing in real estate is that it actually works! Real estate investing proves that the American dream is still very much alive. What other avenue can an individual begin in virtually any circumstance in life and build an empire of wealth in a relatively short period of time? Real estate investing does not discriminate against education levels, class, age, or region. You do not need a college degree to understand the fundamentals of real estate investing. You do not need to have a high-paying job or already be wealthy to get started. It can create enormous amounts of wealth for any person who is simply willing to follow the system. There is no need to re-invent the wheel; systems are in place that have been proven for investors in any circumstance or economic condition. You?ve heard similar claims so many times now that they almost sound clich?. Well, even the most skeptical critic will soon see the power of real estate investing as the avenue you?ve been looking for to change your life ? that is, if you choose to get started.
All you need to start investing in real estate is determination, self discipline, creative thinking, willingness to work hard, confidence and a dream. The dream is the most important element. The dream?s power will make the other qualities come naturally. Have you ever struggled to follow through with a project you?ve started? It may not be because you?re lazy or lack self discipline, but because you never had the appropriate motivation. Perhaps the goal wasn?t that interesting to you to begin with, or perhaps you never really believed you could attain it. It is important for you to realize what is attainable so that your dream is not limited. Realizing that you can live a life of abundance makes it possible for you to have the ultimate dream.
I?m not talking about the dream of a nice house, fancy clothes and a sports car in the driveway. The dream I?m referring to is much larger?all-encompassing. It is the dream of freedom. You may think, ?This is the United States. I am free.? Let me ask you, do you own your time? Can you wake up in the morning and spontaneously decide that it is a good day to take the family out on the boat? Can you leave for that month vacation in Hawaii you?ve always wanted to take? Can you sit at home and read a book from cover to cover? Can you take the piano lessons that you always wanted but never had the time or money to take? Can you go back to school for the college degree that you never completed? Can you stay home and raise your children? If you are like most people in this country, you cannot. If you are like most people in this country, you do not own much sunlight in your life. You wake up just before the sun rises, go to work, return home just as it sets and retreat to bed. Then you wake up and repeat the process again and again until, if you?re lucky, you?re 65 years old and you retire?too tired and too old to do all those things that you put on hold until you had ?some time.? You are not free until you own your time. Time is the most valuable amenity that wealth can buy. That dream, the ability to own your time, is really the essence of the American dream. Ironically, it is a dream that few people attain, yet it is readily accessible to all. Using real estate as the vehicle, you can become wealthy, buy your time, and know how it feels to live your dream and be free.
—-
Mark Pratt is a member of a real estate investing company called http://www.myreiteam.com. He specializes in all types of real estate investing, including foreclosures, short sales, and multiple units. His website provides real estate investing software that allows you to track, analyze, and evaluate your properties.
Real Estate Investing - Avoiding The ‘Frequently Made Mistakes’
April 29, 2010 by Kenny Santos
Filed under Real Estate Investing
Real estate investing has been the American dream. However, it’s not for the faint-hearted, many have lost money because they made mistakes. It’s a risky business so you need to know the ‘how to’s or you could join the ones who lost money rather than made it.
You know what some real-estate gurus tell you - Real estate investing is easy! It’s as simple as finding a low-priced property, getting it painted, plant some greenery, and wait for buyers to fight for it - so they say. They entice you into real estate investing by telling you it’s possible without even putting in a dollar.
A common scenario is someone who invests over a couple of thousand dollars for one of these Real estate investing seminars with some hot-shot investing guru. Excited about the prospect of making enough money to retire on, they become convinced that real estate investing is their answer. Only a year or so later, and they’ve realized that investing isn’t a quick fix, and it takes more than a seminar to be successful.
There are many pitfalls that new investors can make which we can only cover a few of - but at least it’s a start. Here are three of the main ones.
If you go into real estate investing emotionally, and not as a business venture, you’ll definitely lose out. What does this mean? Well, say you find a property that you immediately fall in love with. It’s so cute, it’s got a pretty garden, it’s got character etc. You will be making an emotional buy and not an objective one that should be considering the suitability of price, for tenants, and even resell prospects.
The less knowledge you have about real estate investment, the more risk you’ll be taking. Investing blind means buying real estate as if your eyes are shut - such as blinding believing all you’re told at real estate seminars or agents. You must do your research; read and read and then read some more on the subject; ask others who have been successful and learn from them. Just a little lack of knowledge could mean that you end up with a bad buy.
Many real estate investors have fallen due to lack of cash flow. This is the key phase for survival in the investing business. Not having cash reserves makes your position very risky and shaky. Sure you can use your credit but credit needs repayment. And that investment property will have hidden costs. The more pressure you’re under the easier it is to make silly mistakes. Make sure you allow for sufficient cash flow.
Research is only as good as knowing what to look for. An example; say you were investing using the ‘fix and flip’ technique which means re-selling quickly for a profit.
Say you buy a property that looks like it fits all the requirements. You spend a little bit of time researching and checking zoning requirements. All seems good and you spend money and time doing it up. Only to find out that you hadn’t checked requirements carefully enough and you’ve created an apartment block with too many apartments for the zoning area. Guess who’s going to be out of money? Do your reading for knowledge and your research for reducing risk.
So, you’re ready for your property to be tenanted. Don’t rush in and accept the first people who apply. It’s very gratifying to know that someone wants to live in your newly acquired property, and the cash would definitely come in handy with bank bills to pay. But it is well known by long-term real estate investors that bad tenants cost a lot more than a couple of weeks waiting for the right ones to come along. Screen your tenants - choose carefully. Getting references is a good start.
Summary:
To succeed in real estate investing you need to read for knowledge and research to reduce risk. Then you won’t get sucked-in by real estate investment gurus offering you the world for nothing.
About the Author
Brooke Hayles
Check Out More Helpful Information About Investing For FREE!
Visit {a href= http://investingvault.com/} Investing Vault now!
Real Estate Investing - Avoiding The ‘Frequently Made Mistakes’
January 16, 2010 by Kenny Santos
Filed under Real Estate Investing
Real estate investing has been the American dream. However, it’s not for the faint-hearted, many have lost money because they made mistakes. It’s a risky business so you need to know the ‘how to’s or you could join the ones who lost money rather than made it.
You know what some real-estate gurus tell you - Real estate investing is easy! It’s as simple as finding a low-priced property, getting it painted, plant some greenery, and wait for buyers to fight for it - so they say. They entice you into real estate investing by telling you it’s possible without even putting in a dollar.
A common scenario is someone who invests over a couple of thousand dollars for one of these Real estate investing seminars with some hot-shot investing guru. Excited about the prospect of making enough money to retire on, they become convinced that real estate investing is their answer. Only a year or so later, and they’ve realized that investing isn’t a quick fix, and it takes more than a seminar to be successful.
There are many pitfalls that new investors can make which we can only cover a few of - but at least it’s a start. Here are three of the main ones.
If you go into real estate investing emotionally, and not as a business venture, you’ll definitely lose out. What does this mean? Well, say you find a property that you immediately fall in love with. It’s so cute, it’s got a pretty garden, it’s got character etc. You will be making an emotional buy and not an objective one that should be considering the suitability of price, for tenants, and even resell prospects.
The less knowledge you have about real estate investment, the more risk you’ll be taking. Investing blind means buying real estate as if your eyes are shut - such as blinding believing all you’re told at real estate seminars or agents. You must do your research; read and read and then read some more on the subject; ask others who have been successful and learn from them. Just a little lack of knowledge could mean that you end up with a bad buy.
Many real estate investors have fallen due to lack of cash flow. This is the key phase for survival in the investing business. Not having cash reserves makes your position very risky and shaky. Sure you can use your credit but credit needs repayment. And that investment property will have hidden costs. The more pressure you’re under the easier it is to make silly mistakes. Make sure you allow for sufficient cash flow.
Research is only as good as knowing what to look for. An example; say you were investing using the ‘fix and flip’ technique which means re-selling quickly for a profit.
Say you buy a property that looks like it fits all the requirements. You spend a little bit of time researching and checking zoning requirements. All seems good and you spend money and time doing it up. Only to find out that you hadn’t checked requirements carefully enough and you’ve created an apartment block with too many apartments for the zoning area. Guess who’s going to be out of money? Do your reading for knowledge and your research for reducing risk.
So, you’re ready for your property to be tenanted. Don’t rush in and accept the first people who apply. It’s very gratifying to know that someone wants to live in your newly acquired property, and the cash would definitely come in handy with bank bills to pay. But it is well known by long-term real estate investors that bad tenants cost a lot more than a couple of weeks waiting for the right ones to come along. Screen your tenants - choose carefully. Getting references is a good start.
Summary:
To succeed in real estate investing you need to read for knowledge and research to reduce risk. Then you won’t get sucked-in by real estate investment gurus offering you the world for nothing.
About the Author
Brooke Hayles
Check Out More Helpful Information About Investing For FREE!
Visit {a href= http://investingvault.com/} Investing Vault now!
Believe The Dream: What Is All The Hype Surrounding Real Estate Investing Really About?
November 13, 2009 by Kenny Santos
Filed under Real Estate Investing
The best reason for investing in real estate is that it actually works! Real estate investing proves that the American dream is still very much alive. What other avenue can an individual begin in virtually any circumstance in life and build an empire of wealth in a relatively short period of time? Real estate investing does not discriminate against education levels, class, age, or region. You do not need a college degree to understand the fundamentals of real estate investing. You do not need to have a high-paying job or already be wealthy to get started. It can create enormous amounts of wealth for any person who is simply willing to follow the system. There is no need to re-invent the wheel; systems are in place that have been proven for investors in any circumstance or economic condition. You?ve heard similar claims so many times now that they almost sound clich?. Well, even the most skeptical critic will soon see the power of real estate investing as the avenue you?ve been looking for to change your life ? that is, if you choose to get started.
All you need to start investing in real estate is determination, self discipline, creative thinking, willingness to work hard, confidence and a dream. The dream is the most important element. The dream?s power will make the other qualities come naturally. Have you ever struggled to follow through with a project you?ve started? It may not be because you?re lazy or lack self discipline, but because you never had the appropriate motivation. Perhaps the goal wasn?t that interesting to you to begin with, or perhaps you never really believed you could attain it. It is important for you to realize what is attainable so that your dream is not limited. Realizing that you can live a life of abundance makes it possible for you to have the ultimate dream.
I?m not talking about the dream of a nice house, fancy clothes and a sports car in the driveway. The dream I?m referring to is much larger?all-encompassing. It is the dream of freedom. You may think, ?This is the United States. I am free.? Let me ask you, do you own your time? Can you wake up in the morning and spontaneously decide that it is a good day to take the family out on the boat? Can you leave for that month vacation in Hawaii you?ve always wanted to take? Can you sit at home and read a book from cover to cover? Can you take the piano lessons that you always wanted but never had the time or money to take? Can you go back to school for the college degree that you never completed? Can you stay home and raise your children? If you are like most people in this country, you cannot. If you are like most people in this country, you do not own much sunlight in your life. You wake up just before the sun rises, go to work, return home just as it sets and retreat to bed. Then you wake up and repeat the process again and again until, if you?re lucky, you?re 65 years old and you retire?too tired and too old to do all those things that you put on hold until you had ?some time.? You are not free until you own your time. Time is the most valuable amenity that wealth can buy. That dream, the ability to own your time, is really the essence of the American dream. Ironically, it is a dream that few people attain, yet it is readily accessible to all. Using real estate as the vehicle, you can become wealthy, buy your time, and know how it feels to live your dream and be free.
—-
Mark Pratt is a member of a real estate investing company called http://www.myreiteam.com. He specializes in all types of real estate investing, including foreclosures, short sales, and multiple units. His website provides real estate investing software that allows you to track, analyze, and evaluate your properties.
Real Estate INVESTOR FORUM with special guest Zeke and Megan Zucaro!!
November 10, 2009 by Kenny Santos
Filed under Real Estate Investing
November11, 2009 7:00 PM
SLCC’s Miller Campus
9750 S 300 W
Sandy, UT 84070
Right now is the time capitalize on the foreclosure boom, and this Wednesday night we have 2 guest presenters.
Megan Zucaro- As a wife and mother with strong beliefs in the importance of family, throughout her career, Megan Zucaro has demonstrated what extreme vision, determination and belief in yourself can help you achieve - the American Dream! Alongside her husband, Zeke, she has managed to crack the code on blending successful entrepreneurship and family life.
Zeke Zucaro-Zeke Zucaro, Founder and CEO of MegaZee, Inc., is a remarkable individual. A family man first and always, he and his wife Megan have managed to crack the code on blending successful entrepreneurship and family life. From his humble beginnings in a shanty house, to Air Cavalry Officer Pilot in the highly-praised 101St Airborne, to Entrepreneur, Author, and Speaker, he has carved out a piece of the American Dream with sheer will, determination and vision. His life and success is a true testament to the fact that anyone can change their stars…if they just believe. Zeke earned his B.A. degree in Journalism and News/Editorial from the University of Central Florida. He also holds a Commercial Rotary Wing, instrument ticket, and Pilot’s License (Helicopters).
Foreclosures are booming, interest rates are at all time lows, housing is extremely affordable, population is growing, and real estate can be purchased for pennies on the dollar! Join me this Wednesday night for FREE and learn how to capitalize in these market trends using the following 4 strategies:
1) Subject-To Purchases (No Money, No Credit)
2) Short Sales (Saving People from Foreclosure)
3) Auctions (Learn How to Buy for Pennies on the Dollar)
4) REO’s (Get bulk Discounts by Purchasing Directly from the Bank)
Simply RSVP ‘YES’ on this event page and I will add you to the guest list for this Wednesday night’s event. You do not want to miss this amazing opportunity!
Come see for yourself why everyone is so excited to create wealth capitalizing on the “Perfect Storm”…
Believe The Dream: What Is All The Hype Surrounding Real Estate Investing Really About?
September 20, 2009 by Kenny Santos
Filed under Real Estate Investing
The best reason for investing in real estate is that it actually works! Real estate investing proves that the American dream is still very much alive. What other avenue can an individual begin in virtually any circumstance in life and build an empire of wealth in a relatively short period of time? Real estate investing does not discriminate against education levels, class, age, or region. You do not need a college degree to understand the fundamentals of real estate investing. You do not need to have a high-paying job or already be wealthy to get started. It can create enormous amounts of wealth for any person who is simply willing to follow the system. There is no need to re-invent the wheel; systems are in place that have been proven for investors in any circumstance or economic condition. You?ve heard similar claims so many times now that they almost sound clich?. Well, even the most skeptical critic will soon see the power of real estate investing as the avenue you?ve been looking for to change your life ? that is, if you choose to get started.
All you need to start investing in real estate is determination, self discipline, creative thinking, willingness to work hard, confidence and a dream. The dream is the most important element. The dream?s power will make the other qualities come naturally. Have you ever struggled to follow through with a project you?ve started? It may not be because you?re lazy or lack self discipline, but because you never had the appropriate motivation. Perhaps the goal wasn?t that interesting to you to begin with, or perhaps you never really believed you could attain it. It is important for you to realize what is attainable so that your dream is not limited. Realizing that you can live a life of abundance makes it possible for you to have the ultimate dream.
I?m not talking about the dream of a nice house, fancy clothes and a sports car in the driveway. The dream I?m referring to is much larger?all-encompassing. It is the dream of freedom. You may think, ?This is the United States. I am free.? Let me ask you, do you own your time? Can you wake up in the morning and spontaneously decide that it is a good day to take the family out on the boat? Can you leave for that month vacation in Hawaii you?ve always wanted to take? Can you sit at home and read a book from cover to cover? Can you take the piano lessons that you always wanted but never had the time or money to take? Can you go back to school for the college degree that you never completed? Can you stay home and raise your children? If you are like most people in this country, you cannot. If you are like most people in this country, you do not own much sunlight in your life. You wake up just before the sun rises, go to work, return home just as it sets and retreat to bed. Then you wake up and repeat the process again and again until, if you?re lucky, you?re 65 years old and you retire?too tired and too old to do all those things that you put on hold until you had ?some time.? You are not free until you own your time. Time is the most valuable amenity that wealth can buy. That dream, the ability to own your time, is really the essence of the American dream. Ironically, it is a dream that few people attain, yet it is readily accessible to all. Using real estate as the vehicle, you can become wealthy, buy your time, and know how it feels to live your dream and be free.
—-
Mark Pratt is a member of a real estate investing company called http://www.myreiteam.com. He specializes in all types of real estate investing, including foreclosures, short sales, and multiple units. His website provides real estate investing software that allows you to track, analyze, and evaluate your properties.