Why an Internet Business is better than Real Estate Investing
September 10, 2010 by Kenny Santos
Filed under Real Estate Investing
Want to work from home? There is a lot of ways to make money from a home based business. Two major sources of income are real estate investing and internet business. Both of them have their pros and cons but which is better?
Real estate offers huge payoffs to the creative investor who works hard. But that’s just the problem. In order to get paid with real estate you always have to be working. If you stop looking for properties and writing offers the money stops too. There is an exception if you have the luxury of buying large pieces of property and having someone else manage them. But for the rookie investor this isn’t an option.
So what are the experts doing? What are Robert Allen, Ron LaGrande, and Carlton Sheets doing with their expert knowledge? Let’s discuss what they aren’t doing. They aren’t scouring the newspaper looking for public notice foreclosures. They aren’t knocking doors making offers to desperate sellers. They aren’t sending form letters to out-of-state property owners. Do you know why they aren’t doing any of the things they know so much about? Because it requires too much work.
Instead of being knee deep in real estate they are making their money teaching people how to invest for themselves. They aren’t real estate investors anymore, they are information marketers. These experts moved from real estate investing to information marketing because there is easier money in selling information.
Selling information gives you many advantages over any other business model. The first advantage is that selling information has great margins. This means for every dollar you spend on expenses you can get 2, 3, or 10 dollars of return. They wrote their material one time and sell it over and over again. It doesn’t cost them any thing extra after they get the system up and going.
The easiest and fastest way to sell information is through the internet. Setting up an internet business requires very little risk and investment. Unlike real estate investing which requires a lot of personal risk. If one real estate deal falls apart you could lose your home or destroy your credit. If your internet business fails nothing major is at risk.
The chance of your internet business failing is a lot lower too. If you do your research and avoid spamming techniques there’s little that can destroy your little business. With real estate, on the other hand, there are hundreds of ways for a deal to fall to pieces. Things like shifts in market, unexpected expenses, and people flaking out can all cause your real estate investing to sour.
The real clincher for an internet business being better than real estate investing is this: passive income. Passive income is a powerful force. Your internet business will make you money while you sleep, while you’re on vacation, and while you’re doing other things. Some real estate investors will probably bring up rental properties. Isn’t that passive income? My wife’s parents have a lot of rental properties and they are always chasing down payments, fixing things, or paying the bills. It’s really not as passive as it first appears.
So, let’s leave real estate investing to people that don’t know better and do what real estate gurus are doing instead; selling information online.
About the Author
Matthew Ryan is the owner of {a href= http://online-internet-business-opportunity.net}Online Internet Business Opportunity Learn more about starting {a href= http://internetbusinessmap.com}home based internet businesses or a home based internet marketing business that really work. Find out how to start scam free, spam free, money making internet businesses.
Why Getting The Right Start Is So Important In Real Estate Investing
June 22, 2010 by Kenny Santos
Filed under Real Estate Investing
Real estate has the potential of huge payoffs on your investments; however, not everyone is guaranteed to automatically realize this potential windfall because of some misconceptions.
Investing in real estate properties is not a get rich quick system because just like any other types of investment, you have to keep up to date with the latest trends and developments, keep getting leads and contracts and keep putting time and effort into it to protect your investment.
To engage in the real estate business, you have to identify the exact area you want to work in.
Keep focused and channel your efforts in one or two areas only in order not to spread your resources too thin.
Do you want to purchase properties and engage in Buy, Renovate and Sell? Do you want to buy properties and sell them right away? Do you to lease properties to potential buyers with an option to purchase at a later date?
All these should be given careful consideration depending on your financial position, location and other resources.
Once you have established your exact investment preference, writ down your plans.
Set goals for 3, 5 and 10 year periods and write down your goals in terms of your cash position, equity and property holdings as you want them to be.
From here, break down your goals into manageable chunks of quarterly and semi-annual mini-goals to make it easier to achieve your long term goals. Keep in mind that these plans are fluid and subject to change according to varying market and financial conditions.
Do not resign from your job right away, stay with it for as long as possible to relieve yourself of the pressure and frustration of jumping head first into the real estate investment market.
Before finally quitting your job, secure low- to no-interest credit cards (using your employment as proof of stable income). When you finally engage in real estate, you never know when it may come in handy to cover a $12,000 bill for your renovation and repair projects.
You don?t want to use up your cash reserves early on in the ball game.
Make sure you retain the services of a good real estate lawyer. Nothing beats having somebody knowledgeable about the several creative options of real estate investment.
Your lawyer can ensure that all negotiations and transaction go smoothly to save you time and money. Your lawyer should be able to assist you in almost all phases of real estate acquisition and sales.
Before you decide to engage full-time in real estate investing, build up your list of potential buyers. Ask real estate brokers how they go about doing what they do, and learn from them. Most people love to talk about their successes, just be sure to ask politely for advice and do not waste their valuable time.
However, be very careful about going into a long-term partnership. If you want, you can go into a limited deal-to-deal partnership while you are still learning the ropes.
As much as possible, set up a separate LLC entity for each deal. It is relatively easy and cheap to set up and you get to keep your personal assets off the insolvency table should something go wrong. Your lawyer is in the best position to give you advice and help you set up your corporate entity.
Finally, set a number of deals you have to work on weekly basis and do your best to close deals in order to realize the goals you have set for your business portfolio.
About the Author:
Download A Free Ebook That Shows You How You Can Make $2000 Plus Per Deal From Real Estate: Free Real Estate Profits Ebook
ABCs of Real Estate Investing - ABCs of Real Estate Investing Guide
January 17, 2010 by Kenny Santos
Filed under Real Estate Investing
It seems like almost everyone is learning how to cash in and make a buck from the current real estate craze. Home buying and selling is hot right now, and many are learning how to turn real estate investing into a gold mine. But unless you know the ABCs of real estate investing, you can?t even get started.
Many people share the dream of wanting to work for themselves alone, being their own boss, making money their own way. Real estate investing is a great way to make this dream a reality, but you have to know what you?re doing. You have to know the ABCs, and learn to play the game. Only then can you learn to enjoy the payoff. The more you learn about real estate investing, the bigger and better your payoffs should be. That?s what makes this type of investing so lucrative and exciting.
When you learn to read, you start with your ABCs. And when you want to start in real estate, you have to learn the ABCs of real estate investing. For starters, you want to learn about ?the market.? This refers to the real estate market, and it only means knowing the condition of properties in any particular area. For instance, in a single city or area inside a city, you?ll want to know how much properties are selling for, how many properties are available, which neighborhoods are popular. You should know as much about the area you?re working in as possible. Know where homes are selling and where they?re not selling, and know what sort of price those homes are getting. This is a great way to get a feel for ?the market? and learn what kind of money you can hope to bring in. Knowing your area is a very basic rule of real estate investing.
Once you know how the market looks in your area, you can get down to the nitty-gritty of real estate investing. The basic things you?ll need to know, the ABCs, are fairly simple. The trick to success at real estate is in learning what people want. What are home buyers looking for? What do you look for, when you buy a home? The kitchen and bathroom areas are very important, and many real estate professionals say that these areas are what sell homes. Keep costs down as much as possible, but if you?re going to splurge then put the money into these areas of the home. You?re likely to get the most money back from this investment. Learn more about more inexpensive materials, such as poured concrete instead of granite, and laminate flooring instead of hardwood, to learn how to make a home beautiful for less. This is one of the ABCs of real estate investing ? knowing how to walk the fine line between spending too much and too little.
It?s important to work out a budget, plan for disaster, and keep on track as much as possible. Have an idea of what you want to get out of each property before you sell, and don?t put more into any one property than you think you should. If you won?t get that investment back, don?t put it in. This is one of the ABCs of real estate investing ? staying on track with the budget. Remember, the less you make from the sale of the property, the less you make from your investment.
|
… Whats this Article Helpful?……..Imagine A Real Estate Multi-Millionaire Guru at Your Finger tips. abcs-of-real-estate-investing.com |
ABCs of Real Estate Investing - ABCs of Real Estate Investing Guide
January 12, 2010 by Kenny Santos
Filed under Real Estate Investing
It seems like almost everyone is learning how to cash in and make a buck from the current real estate craze. Home buying and selling is hot right now, and many are learning how to turn real estate investing into a gold mine. But unless you know the ABCs of real estate investing, you can?t even get started.
Many people share the dream of wanting to work for themselves alone, being their own boss, making money their own way. Real estate investing is a great way to make this dream a reality, but you have to know what you?re doing. You have to know the ABCs, and learn to play the game. Only then can you learn to enjoy the payoff. The more you learn about real estate investing, the bigger and better your payoffs should be. That?s what makes this type of investing so lucrative and exciting.
When you learn to read, you start with your ABCs. And when you want to start in real estate, you have to learn the ABCs of real estate investing. For starters, you want to learn about ?the market.? This refers to the real estate market, and it only means knowing the condition of properties in any particular area. For instance, in a single city or area inside a city, you?ll want to know how much properties are selling for, how many properties are available, which neighborhoods are popular. You should know as much about the area you?re working in as possible. Know where homes are selling and where they?re not selling, and know what sort of price those homes are getting. This is a great way to get a feel for ?the market? and learn what kind of money you can hope to bring in. Knowing your area is a very basic rule of real estate investing.
Once you know how the market looks in your area, you can get down to the nitty-gritty of real estate investing. The basic things you?ll need to know, the ABCs, are fairly simple. The trick to success at real estate is in learning what people want. What are home buyers looking for? What do you look for, when you buy a home? The kitchen and bathroom areas are very important, and many real estate professionals say that these areas are what sell homes. Keep costs down as much as possible, but if you?re going to splurge then put the money into these areas of the home. You?re likely to get the most money back from this investment. Learn more about more inexpensive materials, such as poured concrete instead of granite, and laminate flooring instead of hardwood, to learn how to make a home beautiful for less. This is one of the ABCs of real estate investing ? knowing how to walk the fine line between spending too much and too little.
It?s important to work out a budget, plan for disaster, and keep on track as much as possible. Have an idea of what you want to get out of each property before you sell, and don?t put more into any one property than you think you should. If you won?t get that investment back, don?t put it in. This is one of the ABCs of real estate investing ? staying on track with the budget. Remember, the less you make from the sale of the property, the less you make from your investment.
|
… Whats this Article Helpful?……..Imagine A Real Estate Multi-Millionaire Guru at Your Finger tips. abcs-of-real-estate-investing.com |
Why an Internet Business is better than Real Estate Investing
December 31, 2009 by Kenny Santos
Filed under Real Estate Investing
Want to work from home? There is a lot of ways to make money from a home based business. Two major sources of income are real estate investing and internet business. Both of them have their pros and cons but which is better?
Real estate offers huge payoffs to the creative investor who works hard. But that’s just the problem. In order to get paid with real estate you always have to be working. If you stop looking for properties and writing offers the money stops too. There is an exception if you have the luxury of buying large pieces of property and having someone else manage them. But for the rookie investor this isn’t an option.
So what are the experts doing? What are Robert Allen, Ron LaGrande, and Carlton Sheets doing with their expert knowledge? Let’s discuss what they aren’t doing. They aren’t scouring the newspaper looking for public notice foreclosures. They aren’t knocking doors making offers to desperate sellers. They aren’t sending form letters to out-of-state property owners. Do you know why they aren’t doing any of the things they know so much about? Because it requires too much work.
Instead of being knee deep in real estate they are making their money teaching people how to invest for themselves. They aren’t real estate investors anymore, they are information marketers. These experts moved from real estate investing to information marketing because there is easier money in selling information.
Selling information gives you many advantages over any other business model. The first advantage is that selling information has great margins. This means for every dollar you spend on expenses you can get 2, 3, or 10 dollars of return. They wrote their material one time and sell it over and over again. It doesn’t cost them any thing extra after they get the system up and going.
The easiest and fastest way to sell information is through the internet. Setting up an internet business requires very little risk and investment. Unlike real estate investing which requires a lot of personal risk. If one real estate deal falls apart you could lose your home or destroy your credit. If your internet business fails nothing major is at risk.
The chance of your internet business failing is a lot lower too. If you do your research and avoid spamming techniques there’s little that can destroy your little business. With real estate, on the other hand, there are hundreds of ways for a deal to fall to pieces. Things like shifts in market, unexpected expenses, and people flaking out can all cause your real estate investing to sour.
The real clincher for an internet business being better than real estate investing is this: passive income. Passive income is a powerful force. Your internet business will make you money while you sleep, while you’re on vacation, and while you’re doing other things. Some real estate investors will probably bring up rental properties. Isn’t that passive income? My wife’s parents have a lot of rental properties and they are always chasing down payments, fixing things, or paying the bills. It’s really not as passive as it first appears.
So, let’s leave real estate investing to people that don’t know better and do what real estate gurus are doing instead; selling information online.
About the Author
Matthew Ryan is the owner of {a href= http://online-internet-business-opportunity.net}Online Internet Business Opportunity Learn more about starting {a href= http://internetbusinessmap.com}home based internet businesses or a home based internet marketing business that really work. Find out how to start scam free, spam free, money making internet businesses.
Why Getting The Right Start Is So Important In Real Estate Investing
July 29, 2009 by Kenny Santos
Filed under Real Estate Investing
Real estate has the potential of huge payoffs on your investments; however, not everyone is guaranteed to automatically realize this potential windfall because of some misconceptions.
Investing in real estate properties is not a get rich quick system because just like any other types of investment, you have to keep up to date with the latest trends and developments, keep getting leads and contracts and keep putting time and effort into it to protect your investment.
To engage in the real estate business, you have to identify the exact area you want to work in.
Keep focused and channel your efforts in one or two areas only in order not to spread your resources too thin.
Do you want to purchase properties and engage in Buy, Renovate and Sell? Do you want to buy properties and sell them right away? Do you to lease properties to potential buyers with an option to purchase at a later date?
All these should be given careful consideration depending on your financial position, location and other resources.
Once you have established your exact investment preference, writ down your plans.
Set goals for 3, 5 and 10 year periods and write down your goals in terms of your cash position, equity and property holdings as you want them to be.
From here, break down your goals into manageable chunks of quarterly and semi-annual mini-goals to make it easier to achieve your long term goals. Keep in mind that these plans are fluid and subject to change according to varying market and financial conditions.
Do not resign from your job right away, stay with it for as long as possible to relieve yourself of the pressure and frustration of jumping head first into the real estate investment market.
Before finally quitting your job, secure low- to no-interest credit cards (using your employment as proof of stable income). When you finally engage in real estate, you never know when it may come in handy to cover a $12,000 bill for your renovation and repair projects.
You don?t want to use up your cash reserves early on in the ball game.
Make sure you retain the services of a good real estate lawyer. Nothing beats having somebody knowledgeable about the several creative options of real estate investment.
Your lawyer can ensure that all negotiations and transaction go smoothly to save you time and money. Your lawyer should be able to assist you in almost all phases of real estate acquisition and sales.
Before you decide to engage full-time in real estate investing, build up your list of potential buyers. Ask real estate brokers how they go about doing what they do, and learn from them. Most people love to talk about their successes, just be sure to ask politely for advice and do not waste their valuable time.
However, be very careful about going into a long-term partnership. If you want, you can go into a limited deal-to-deal partnership while you are still learning the ropes.
As much as possible, set up a separate LLC entity for each deal. It is relatively easy and cheap to set up and you get to keep your personal assets off the insolvency table should something go wrong. Your lawyer is in the best position to give you advice and help you set up your corporate entity.
Finally, set a number of deals you have to work on weekly basis and do your best to close deals in order to realize the goals you have set for your business portfolio.
About the Author:
Download A Free Ebook That Shows You How You Can Make $2000 Plus Per Deal From Real Estate: Free Real Estate Profits Ebook

