Real Estate Investing And Property Investing Secrets Revealed!

When you think of real estate, what do you think of Buying a home, building a home, or realtors are what most people think of when the term real estate crosses their minds. Real estate is also a great way to invest your money and can be very profitable if you go about it carefully and wisely. However, just like any other business there are sneaky secrets and tips that you should consider before embarking on a real estate investment. Buying real estate to rent or buying real estate to fix up and resell are two of the most common ways to make money investing. However, there are a few things to keep in mind before you take the leap and hand over the cash!

The first thing that you have to do is to take action. Don’t sit around thinking about real estate investing, jump out there and do it! There are thousands of people that kick themselves daily for not trying something new. Yes, it is a risk, but think of the rewards that could be yours if you do great! Next time you think about buying and investing in real estate, keep in mind that you are letting the money sift through your fingers each minute that you think instead of act! The truth is that there will never be a perfect time to do anything. And that is just as true with regards to real estate as for anything else. Do not be a fence sitter! And look back in three years time wondering on what might have been ‘If Only’ you had developed a property portfolio. Of course I am not saying to be rash! Try to Invest wisely (obviously ;)) but don’t be so cautious that you can never bring yourself to pull the trigger and actually take action.

Secondly, keep your expectations realistic and detailed. Saying that you “want to get rich” is not reason enough to take the jump into the real estate market. Choosing to invest in real estate to bring in extra money for a specific purpose is a good place to start. It may be a while before you are able to quit the day job and buy yachts and vacation homes. Let’s be honest. It may never happen. It could in fact cost you the shirt on your back. By their very nature investments can go down in price as well as up. So picking the right investment property is a must. However, you will achieve more by focusing on what you actually WANT, rather then what you don’t want. So stay positive. Read some books on real estate. Visit some estate agents or real estate brokers and then lay out a list of attainable goals for you to achieve over a year’s time and every three months or so go over your list to see how you are doing.

Some of the benefits to real estate investing are being your own boss, cash flow, appreciation of property, and more! You are your own boss if you invest in real estate. However, whilst that has many upsides, remember that it is down to you to be motivated to develop the properties you buy, and that ultimately you will have to provide for yourself. There is no safety net when it comes to your property portfolio. The upside is ALL yours. But so is the downside. So be careful!

When you get to the point where it is a full time job for you, then you can take a vacation when you want, wear what you want, and go and play golf when you want. But the only place that money and success comes before work is in a dictionary! So get busy working before you spend all your days daydreaming about spending your gains!

Cash flow is another great benefit of real estate investing, because when you rent out a property it will provide you with a rental income. Hopefully, you will have a positive cash flow instead of a negative cash flow (ie the incoming cash flow is greater then the costs like repairs, mortgages etc) and be able to do all of the things that you have wanted to do. Another great benefit is that when you invest in property that property values usually rise (over time this is generally the case…but remember you can also potentially lose EVERYTHING…So stay awake to that possibility and be cautious. You can get more great information about Loans at httpwww.just-loans.com). This is like earning interest on your money. What a bonus!

Real estate investing can give you a great return on your investment if you choose wisely. But, be careful that you go into it with your eyes open. Are you going to have rental properties Office properties Are you going to fix up houses and resell them Will you buy those properties using buy to let mortgages, or finance it from money you already have Whichever method of real estate investing that you choose, if you are wise, then you will make lots of money for you and your family. Make a plan TODAY to reach your goals and go for it! You will be glad you did!

Maintaining Your Real Estate – Some Super Home Care Tips

We humans buy real estate and build a house. We move in, and create a home. When we are ready to move, it again becomes real estate… anon.

The chances are, someday you’re going to put your house up for sale on the local real estate market, and either start working with a professional real estate agent (a.k.a. realtor?) to find a new house, or go out and look for one on your own. Perhaps you will be the first family to live in the new house, perhaps not. Either way, you will want to keep your home, old or new, well maintained. Remember, someday your home will become real estate, and the real estate agent you hire to sell it will give you a list of things you’ll need to ensure are in good shape to expedite the sale and get the highest possible asking price.

It helps if you think of your house or home as real estate, at least in terms of its maintenance. Sometimes we are willing to let certain things lapse in our homes, but in matters of real estate that we have placed on the open market with a professional realtor, we take a different view. This article proceeds from the position that it is easier, more efficient, more pleasant, safer, and even more frugal to maintain your real estate on a consistent basis, rather than waiting until you place it up for sale with a real estate agent. (If you’d like to read a comprehensive article on fixing up your real estate for sale, I suggest visiting httpwww.dotcomtucson.comtucson_arizona_real_estateselling_your_desert_home.html.)

Maintaining the basics of single family real estate is relatively simple, and can be handled extremely efficiently in an hour or so on a couple of weekends each month. There are things to be done monthly, and things to be done semi-annually, and items to attend to annually. Using a computer is an exceptionally effective way to track your maintenance. It can be done in many kinds of software, including basic word processors.

Monthly real estate maintenance tasks

• Check the water softener salt level. (Check and add as necessary.)
• Spray for bugs. (Use appropriate pesticides and spray unit type.)
• Landscaping maintenance. (Check water lines for leaks, remove debris, check outdoor light bulbswires, and adornments attached to structures.)
• Check HVAC air filter. (Replace or clean as necessary – this will keep the house cleaner and allow the unit to be more efficient. A clogged air cleaner can really raise your air conditioning AND heating costs!)
• Service outdoor materials. (This includes vinyl and cloth chairs, outdoor tables, swings, etc. Use a product such as Armor-All on vinyl surfaces top protect it from rotting in the UV. Put some kind of coating on metal that has become exposed – such as a rust-preventing paint clear paint will do if necessary.)
• Inspect window locks. (Service as necessary. Sparingly use petroleum jelly to lubricate aluminum. This is a good time to ensure that windows which should be locked, are locked!)
• Inspect the garage floor for petroleum products spills. (This includes oils and greases – anything slippery or caustic. Clean as necessary.)
• Inspect the ice maker. (Dump ice that forms into clumps in the bottom of the tray, if the ice accumulates much at your house. Check for ice around the rotating dump mechanism, and remove if it is building up. Hint a little baking soda in the bottom of the ice tray keeps the freezer fresh.)

Semi-annual real estate maintenance tasks

• Service locksets and passage sets. (Tightenadjust hardware, lubricate with 31 oil or WD-40.)
• Service door locks. (Tightenadjust hardware, lubricate with 31 oil or WD-40. Lubricate the keyhole with powdered graphite – use this very sparingly.)
• Service hinges. (Wipe down and lubricate with 31 oil or WD-40.)
• Service sliding doors. (Clean the tracks with a small brush and then vacuum. Use petroleum jelly as a lubricant – NOT WD-40. Locking mechanisms can be lightly lubricated with WD-40.)
• Service dryer. (Open the access panel and vacuum the accumulated lint out of all the areas you can. This will make the dryer work better, and help to prevent fires.)
• Service garbage disposer. (Check for trapped debris, deodorize with ?-cup of baking soda dump baking soda powder directly into disposer at night and allow it to stand. Simply wait until the system is used again and all the baking soda will disappear. NB These units are usually mistakenly referred to as ‘garbage disposals.’ The correct term, and it is most often printed on them, is ‘garbage disposer.’)
• Service the refrigerator. (Clean mold, fungus, and mildew out of the water catch tray. Carefully clean the coils – they make long, soft brushes just for this. Vacuum or blow away dust on motor, etc.)
• Inspect screens. (Repair or replace as necessary.)
• Inspect electrical covers. (This includes plugs and light switches. Make sure the covers are secure and not cracked.)

Annual real estate maintenance tasks

• Inspect all exterior wood. (Look for cracks, rot, etc. Treat as required. Catch these things early! Painting or other outdoor wood coatings are the best way to avoid very costly problems in this arena.)
• Inspect caulking seals in bathrooms. (Service or replace as necessary. Prevent costly water damage in walls before it starts.)
• Landscaping maintenance. (Fertilize, weed, trim trees and bushes. Apply pesticides as needed.)
• Roof inspection. (Check this visually. Look for torn or missing shingles, or areas around vents or chimneys where the flashing or caulking has been damaged or is missing. Service as needed to prevent costly water damage.)
• Check garage door wheels. (White lithium grease is an excellent lubricant. Make sure no wheels have come out of their tracks, or are binding. Check the seal to the floor.)
• Inspect carpeted stairways. (Make sure that the carpet is being firmly held – to avoid accidents. Service as necessary.)
• Replace ALL smoke alarm backup batteries. (Just do them all once a year and get it out of the way! It’s better than going out for that ladder once a month for a year.)

Items are optional based on your specific situation and real estate.

Look at the end of this article for some great tips on how to attend to the above maintenance tasks, and more. There are some really helpful hints there that can save time and money – and help you protect the investment you’ve made in your home – which is, of course, also the real estate you invested your hard earned dollars in.

Taking good care of the real estate during your stewardship will yield many rewards including saving you some money in the end, keeping the house safer, and catching problems while they are still manageable and inexpensive to repair. And when you decide to find a new home, your real estate agent or realtor will appreciate all your ongoing maintenance – which will also help you bring in top dollar for your real estate investment! Don’t you hope your next home is currently owned by someone who believes in maintaining their real estate

Real Estate Maintenance Tips

• If you cut the top out of a bush or tree, it will grow outward – become ‘bushier.’ If you leave the top, it will continue to grow higher. This phenomenon occurs because of what is called apical dominance.
• For deeper grass roots – and better drought tolerance – water at night, and very slowly so the water goes deep. It also saves water to water at night – when the heat and sun don’t evaporate as much before it soaks in.
• Baking soda comes in large containers and is cheap. You can use it to deodorize areas, trash cans, and shoes. Sprinkle just a little on a carpet and let it stand for 24-hours, and the carpet is deodorized. You can also add some to water and slowly pour it over car battery terminals that have corrosion – it harmlessly cleans right down to the metal – immediately!
• 3 In 1 Oil is a very light, multi-purpose lubricant. It is better than the popular WD-40 for several things as it clings betterlonger. Use it for hinges, for example – and use it sparingly. Powdered graphite is the best lock lubricant made. It’s cheap and easy to use – but use it very sparingly! It’s great for car door locks and keyed-padlocks, also.
• To quickly make the whole house smell better, buy a pack of automobile air fresheners – those paper ones shaped liked different things. Place one or two of them at the front of the air intake for the HVAC and turn the fan to ‘on.’ It takes about 15-minutes. I like vanilla scent best.
• A screen repair and installation kit is a wise investment. It’s cheap, and provides you with things that make screen repairs and replacements fast and easy – and much, much cheaper than taking the door or window in for service.
• Vinegar and water cleans extremely well. Just buy a gallon of white vinegar, and mix with water at about 1-cup vinegar to 1-gallon water. It is the best glass cleaner there is. It’s also a great cleaner for wood floors. It works well on anything oily or greasy. It’s cheap!!
• Bees wax – get a small block of it at the hardware store. It ‘lubricates’ wood – such as drawers. It is also great for wood screws. Put a dab on the tip of the screw and then install. It will go in smoother and easier, and it will not work its way loose over time as easily.
• If you can’t get a screw to hold in wood, because the hole has become too large, use toothpicks or matchsticks (with the heads removed for safety) to make a quick, permanent repair. Gently tap the toothpicks or match sticks into the hole with a small hammer. (Put one drop of white glue or wood glue on the tips before you drive them in for an even stronger fix.) Now, use a cutter to snip the ends of the picks or sticks off. File or sand to flat. Now it can be painted, drilled or screwed into. NB If you use glue, allow it to dry before snipping and finishing.
• Fixing holes in walls made of drywall Buy a tiny container of water-based, pre-mixed Joint Compound. For small holes, use your finger to fill and then, using another finger that is wet, smooth it. Now, gently wipe the area with a clean cloth or paper towel. When the compound dries, a fine white dust will form anywhere that the compound touched. Lightly brush it away. For larger holes, such as those left by molly bolts, you can use chalk sticks to aid in the filling. Use your finger and put some compound into the hole – making sure to get it on all the edges. Break off a short length of chalk and ‘twist’ it slowly into the hole. Put it in until it is even with the wall, or very slightly lower. Allow this to completely dry. Now, go back and apply compound over the hole. Press the compound firmly into the hole, and then make a slightly raised lump of it. When this dries, sand it with 300 or better sand paper until it is perfectly flush with the wall’s surface.
• You can polish raw wood with grade 0000 steel wool or even a finer (more zeros) grade of steel wool. Try it on a spare 2”x4” – it quickly looks like it’s been varnished!

Lomita Nice Afforable Real Estate

Called The Friendly City, Lomita California is a pleasant place live. Located in Southern Los Angeles County, Lomita real estate offers lower priced housing than other towns in the region, but with similar benefits. A variety of older and newer condos, town homes, apartments, and several single-family homes are scattered throughout the town. Lomita, CA covers about 5 kilometers and has a population of approximately 20,000. The residents of Lomita are more racially and economically diverse than some of the neighboring cities, which adds to the character of the town. One Neighborhood in Lomita that is worth a special mention is Lomita Pines. This lovely neighborhood is in the foothills of Palos Verdes, with the streets and homes having a very rural ambiance, much like the Walteria area in Torrance. Once agricultural areas, many of the homes are situated on very large lots, perfect for that swimming Pool, house expansion or rental unit.

This South Bay city is close to many attractions as it is positioned northeast of Palos Verdes and South of Torrance and Redondo Beach. Long Beach is also nearby, and downtown Los Angeles isn’t far with Lomita’s convenient placement off of Freeway 110. When it comes to traveling, homeowners have a choice between the Los Angeles International Airport (LAX) and the Long Beach Airport (LGB) which are both conveniently located just twelve miles from most Lomita homes.

For a day on the green, homeowners can visit the Harbor Park Golf Course and Sea-Aire Golf Course, which are located near Lomita. Redondo Beach and several beaches along the Palos Verdes Peninsula are just a short drive away for residents to enjoy the sand and oceanside shops and restaurants. The City of Lomita California offers a rich history and a number of parks. Veteran’s Park, Hathaway Park and Lomita Park provide outdoor recreation for Lomita homeowners. Also, the Lomita Railroad Museum is a local attraction, which pays tribute railroad history and a collection of miniature locomotives.

Commercial Real Estate Development

Numerous things have to be taken into consideration when undertaking a commercial real estate venture. Needed space, location, decisions to lease or purchase property, moving issues, building plans and regulations, consultants, involved fees. All these things must be considered before one delves into the commercial development project.

When deciding on how much space will be required, several things must be taken into consideration. What will be my cost How convenient is the location to my targeted customer How about transportation What about utility availability One must decide what will be best for the business.

If plans are to lease, it must be noted that your lease will play an important part in the lease negotiation. Although a standard five year lease is usually used by the leasing broker, a commercial lease of 3 years minimum and 10 years is also commonly used. When deciding on how long your lease should be, make sure you think about your business flexibility and the rental rate.

At the end of the lease, it is very likely that the owner of the property has already committed to another customer, so moving issues come into play. Preparatory measures must be executed prior to the move in order for things to go smoothly. This should be initiated at least 2 months before the planned move, starting with negotiations for the move, standard items that will be needed (mailing labels, presentation paper, bank, checks and deposit slips, business cards, etc.), whether or not you will keep the same logo and design for your business, telecommunication services, security systems and so on.

Other things to be considered are, confirmation of telecommunication installation, ordering appropriate packing supplies, scheduling packing and moving, making sure that the freight elevator at both locations are reserved, choosing the moving company (make sure your choice of moving company provides insurance certificate) and make certain you notify your insurance company about the move.

One month before the move, reconfirm your move in and move out dates. Make sure that the moving company has already provided their moving certificate and provide them with your employee’s names for security purposes. The day before the move, walk through the new location to make sure that nothing has been left undone., make your final confirmation calls, be certain you have the keys for the new location, and this is very important, make sure your insurance is in affect.

This article has touched on many of the things involved in the procurement of a new location for your business but even more is involved. The closing of the lease and the arrangements such as, regulations and rules of the building at your new location, noise levels, usage of freight elevators, architectural design services for planning space and the like.