Getting Started in Real Estate Investing in Seven Basic Steps

Published on Mar 16, 2013

http://www.biggerpockets.com/ubg Do you want to invest in real estate, but don’t know how to get started? This video is going to walk you through the seven steps you need to understand in order to find success as you begin investing in real estate.

This video was created using information from the BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing – which you can get for free at http://www.BiggerPockets.com/ubg.

What is ‘Investment Real Estate

Investment real estate is real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence. It is common for investors to own multiple pieces of real estate, one of which serves as a primary residence, while the others are used to generate rental income and profits through price appreciation. The tax implications for investment real estate are often different than those for residential real estate.

BREAKING DOWN ‘Investment Real Estate’

Common examples of investment properties are apartment buildings and rental houses, in which the owners do not live in the residential units, but use them to generate ongoing rental income from tenants. Those who invest in real estate also expect to generate capital gains as property values increase over time.

Read more: Investment Real Estate Definition | Investopedia http://www.investopedia.com/terms/i/investmentrealestate.asp#ixzz4YlHGt6x5
Follow us: Investopedia on Facebook

Please follow and like us:

Showing Property: The Right Questions to Ask


Uploaded on Nov 3, 2010
http://www.yourcoach.com Real estate training. In this coaching video, real estate speaker Coach Tom Ferry takes you through the right questions to ask when your showing clients a home. These questions are geared towards you closing a sale and making more money in real estate

Please follow and like us:

How Are You Engaging with Buyers

Uploaded on Jan 24, 2011

Real estate training http://www.yourcoach.com In this coaching video, real estate speaker Tom Ferry challenges you to up your game and start to engage potential and sellers in this market. These people now are much more knowledgeable consumers … so what are you doing differently to be the broker of knowledge?

Please follow and like us:

7 Great Reasons to Own Your Own Home

You’ve probably seen lots of financial arguments about why you should own your own home rather than rent. This includes budgeting (no rent increases) and the tax savings you’ll most likely have. Now I’m going to give you some reasons you probably haven’t heard.

1. Freedom to pursue other goals in life once the major goal of home ownership is achieved

Strange as it sounds, many of my first-time buyers have told me that once they bought the house, other things in their life started to fall into place. It’s as if not owning took so much of their mental energy that other goals were not worked on until that big goal was reached. So buy a home and get on with your life!

2. A greater sense of belonging to the community

Once you own a home, you feel more attached to the city in which you live. You’re more interested in what happens in town, to the roads, schools, and shopping areas. Some people even become involved in local politics, which you seldom see a renter do.

3. A commitment to something, a sense of stability

Home ownership is an anchor, something that cannot be pulled out from under you. You’ll never get a notice that you have to move. You’re kids will never have to change schools. It gives you freedom to plan years ahead.

4. You can change things, a feeling of being in control

It’s your home. You can add to it, remodel it, change the landscaping, do whatever projects you want. You have a feeling of being in control of something in your life. At work we don’t always have control of what happens, but your home is your castle that you have dominion over. You can see what you’re building take shape before your eyes.

5. More control over the children than in an apartment complex

In a neighborhood, kids usually play in the yards or go to friend’s houses a few doors away. My clients have told me that in an apartment complex they never knew where the kids were. They could be in any of hundreds of apartments, doing who knows what. In a home you get to know the neighbors and watch out for each other’s kids.

6. Children do better in school and feel more secure

This one surprised me, but buyers have reported to me that their kids calmed down in school after they bought a house. I don’t know why, but it seems to work that way. I remember a single mom watching her son play in the yard, making steps in the slope and building things. She didn’t have to tell him to leave everything alone, like she did at the apartment complex. I guess kids feel the same need for control we adults do.

7. Time and money saved by not going to the Laundromat

A small point, but if you have kids, you know the value of this one. You gain a whole evening a week when you buy a house! The wash gets done in between other things, or while you’re at work. What would you do with the extra evening you’ll have? How about going out for dessert with your spouse with all those quarters?

We’ve been in a home of our own for so long; we take these benefits for granted. We forget what it’s like to be a renter! If you have anything you can add to the list, please let me know via email. I’d love to hear from you!

Please follow and like us:

Home Buying 101: Closing Process – Connecticut

Published on May 18, 2015 What happens after your offer is accepted? Learn the basics on escrow, or the closing process, so you know what to expect after you find a home to buy, submit an offer and come to agreeable terms between you and the seller. http://marketing.realtor.com/homebuying/

Please follow and like us: