http://www.REIClub.com – Real Estate Investors Make Mistakes, But An Educated Real Estate Investor Can Avoid Some of These Errors…

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got a quick video on the 6 most common mistakes made by real estate investors and how to avoid them!

1. Not Having a Team – Realtor, Attorney’s, title company, contractor, insurance agent, etc…

solution: start small – realtor and contractor, through time start building long term – title companies, brokers, insurance agents, real estate attorney, can get recommendations from local real estate club.

2. Focusing on only ONE Real Estate Investment deal

solution: don’t wait on ONE deal, always be looking even after submitting offers

3. Purchasing before Planning

solution – you see a great deal and you forget about the fundamentals – There are a TON of Real Estate Investing opportunities out there but it does not mean it is RIGHT for you. Keep in mind: location, condition, costs, and the market (comps).

4. Miscalculating Costs – repairs, profit margins, fees, etc…

solution: free contractor estimates, realtor fees, title fees, property tax, home insurance

5. Not valuing your time as an investor

solution: set daily and weekly goals to be accomplished. Excel spreadsheet – Day 1 – Hours spent on “this” – accomplished what? When you are able to take a step back and see where your time is going, you are able to better manage it.

6. Not Having an Exit Strategy or only one

solution: flip/rehab–lease purchase–rent

In summary, all real estate investors will/or have experienced this at one point or another, but the key is to NOT repeat these mistakes. As long as you do the prep work, the research, and the planning you should be able to avoid most, if not all, of these common mistakes.

Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing.

Duration : 0:5:13

Read the rest of this entry

Technorati Tags: Estate, investing, investment, investors, Real, real estate club, Real Estate Investing, Real Estate Investment, real estate investments, real estate investor, real estate investors, rei club, reiclub

http://www.reit.com Supply and demand in the office market of New York City is starting to come back into balance, according to Michael Knott, analyst with commercial real estate research firm Green Street Advisors.

In the October 2010 edition of Word on the Beach: Green Street Advisors’ Monthly Market Insights, Knott delves into the Big Apple’s commercial real estate market, focusing on the office sector. Knott says the vacancy rate in Manhattan is approaching 10 percent, a positive development for the sector.

“When you start getting to that level, you’re starting to reach the outer edges of equilibrium between supply and demand,” Knott says.

However, although Green Street expects New York City to post the strongest recovery among major U.S. office markets, it will “pale in comparison” to the recovery experienced between 2005 and 2007.

Despite the slowdown in transaction activity during the recent market downturn, evidence suggests that New York office assets experienced “pretty dramatic declines” in values, according to Knott. Yet, since the market bottomed out, Green Street estimates that property values have grown by about 50 percent.

“The good news is that since that time, over the past year and a half credit markets have repaired themselves remarkably and asset values have risen as a result,” Knott says.

Manhattan offices will remain a popular investment, according to Knott, as investors continue to benefit from their strong yields and inflation-hedging characteristics.

Looking farther ahead, Knott speculates that ongoing concerns in the financial industry could pose challenges to office REITs operating in Manhattan.

“Finance is the key economic engine for Manhattan,” he says. “In a nutshell, we expect that finance profits and the total contribution of finance profits to total U.S. corporate profits will continue to recede over the next several years.”

Duration : 0:4:30

Read the rest of this entry

Technorati Tags: asset value, commercial real estate market, corporate finance, finance, Green Street Advisors, investment, Manhattan, Matt Bechard, Michael Knott, Monthly Market Insights, NAREIT, New York, office REIT, property value, real estate, Real Estate Investment, real estate investment trusts, Reit, REIT industry, REIT performance, Word on the Beach

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the current debtor. Both parties consent to the Short Sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.

Duration : 0:9:47

Read the rest of this entry

Technorati Tags: Brokers, bubbles, business, Businesspeople, by, Commercial, companies, Construction, Country, Estate, groups, in, industry, investment, law, Property, Real, trade, Trusts, [+]

Add me as a friend on Facebook!

http://goo.gl/m4UG

40 Inventions in 40 Weeks – Join Me!

Future Gold & Silver Prices, Real Estate & My Investment Philosophy

Duration : 0:3:51

Read the rest of this entry

Technorati Tags: Alex, bank, Ben, Bernanke, Bubble, celente, China, Chinese, collapse, commodities, Crash, crisis, derivatives, dollar, doomsday, downfall, downturn, Economic, Economy, Estate, fed, federal, fiat, Financial, foreclosure, forex, gerald, Gold, Housing, hyper, hyperinflation, Inflation, investing, investment, Jim, Jones, Market, money, Peter, Real, reserve, rmb, Rogers., Schiff., silver, stock, subprime, The, trading, yuan

www.stockfessor.com

Duration : 0:10:22

Read the rest of this entry

Technorati Tags: finance, fund, investment, Market, Mutual, retire, share, stock