Welcome to the first part of a two-part series for investment in commercial property.

After driving on the windows and downs of the market composition return for a certain time, a growing number of investors willing to invest in real estate as an alternative stable. In hot markets in many parts of the USA, the time be ripe May, in this potentially lucrative market. I would say, however, that you can read before they go home first. Just find something in this article, you continue to break the bank and back.

I wish all investors is to build long-term wealth, it is very clear principle and probably also the reason to read this article. However, there are a number of rules to play with investments in the property game, unless you want to strike a blow to take with them when rent should be collected. I am talking about how to prevent a “slumlord”.

To apply the highest standards for an owner of success, let me share a story experienced by some members of the extended family. It is an excellent example of how not to do if you want to make the most of your investment. After the story, we’ll see what the rules and lessons we can learn. The names are changed to protect the identity of innocent people.

Ben bought a drummer family investments in real estate in a very bad and his two son, Josh and Nathan, received all employees. They have wooden floors-answer nobody wants to replace the carpet whenever you, right? And then they really felt good use of paint-nobody wants to answer back every time, n’est-ce pas? And when he decided to jump into a bathroom and closets fixed happy tenant is a good driver, right? And closing the summit, due to Nice towels to cool on racks that said: “We are family.” Tenants appreciate that, right?

Right.
The first family to move in and out of a private room doors of firewood, fertilizer Nice bathroom and accessories sold at Swap Meet, to choose and small arms through the cycles of new plans. Ben discovered when he received a call that is the roof and must go, “Take your *** here and solve the problem!” He patiently tried to explain that the roofs where to download images of inflammation. Other visits wonderful, inspired by a similar call.

It is only eight months, until they are out of the house; It appears that the tenant rights, as specified by the district court to enumerate more rights than the rest of us collectively. Since the family moved to see that he and the mother of two boys more focused all the shirts stitched with the “We Are Family.” They have other parts of the house.

Ben, Josh and Nathan began to build a house, find all kinds of interesting changes in its structure. Nothing serious, other than to support the package was chain sawed down (apparently more firewood), bathroom tiles pried a clear reason why not, the group has signed removed all windows and mirrors, which were demolished and other small surprises.

Although some contributions restring wire scan later in the locker room hangers-Josh nanizani rusty found a .32 caliber handgun. One or other tenants were able PRY baking bricks that Ben must be replaced to comply with the code. Apparently, someone drove a M1A1 Abrams of the aisle, had no other way to explain a huge cracks in the street, always good for 20 years.

What can we learn from these terrible, but unfortunately life?

Rule No. 1

Location, location, location. OK, this May seem a little “cliché, but the fact that the location of investments in real estate, determine the nature of tenants that will attract and how much rent you can pay. Do not forget that, any given point of time in the future, it is necessary May for you and your family to participate; near what you want?

Rule No. 2

Not when you go behind the definition of investment in real estate. You should expect reasonable wear and tear. It is noted that “reasonable wear” is something completely different person whose rent than the owner. And forget that the great goodness, “We Are Family” towels!

Rule No. 3

Knowing how to make repairs. Fortunately for Ben and children, who have little experience in various construction jobs. Otherwise, May they have lost money, even more than hiring help. Knowing how the electrical problem, sewage repair and replacement windows will save you a lot of money for the road.

Rule No. 4

Inquilini your screen while moving to live with it. This is perhaps the most important step to avoid a slumlord. Questions and check references. Call former owners and ask questions like: “Did they pay the rent on time? How is the condition of the house / apartment at the time of his departure? That Lee never disturb the neighbors with a music or shouting matches How many times do you need special tours premature for repairs? “To be informed as possible, which can be rented will be a big difference in terms of return on investment.

Rule No. 5

Know your rights as a landlord. Familiarity with the expulsion order to avoid long, drawn up in disputes with tenants. Most Member States and provides online information for the landlord and tenant rights.

Not commit the same mistakes committed by Ben and his children. Of course, obtaining investments in commercial real estate is difficult and that work will do things that normally would not be bound art At the same time, steps you can take to limit its liability for the prevent “slumlord”.

In the next part two of this article will explore some aspects of financial awareness in order to find the best deal possible on your initial investment in real estate.

Many real estate agents and starts sometimes, unfortunately, at the end of his career without a plan. And as the saying goes, which is not as good as the plan intends to fail.

Sure, some things general, and it is expected to stimulate new businesses, such as transmission of letters and cards from friends and relatives, acquaintances, phone and a business card to everybody and they all are.

Heck, some are brave enough to “cold call” Prospects for all-the dreaded tasks! And while all these activities are good things to do, they do not necessarily translate into new business opportunities – now or later!

And while they may be good strategies, you need more. But instead work hard because they do not work quickly?

The most successful of brokers and real estate agents has led production. “Some agricultural products expired Program for large profits.

A good system of registration in May:

• jump on a new project or an average of real estate sales career
• bring in real estate ads on a regular basis, week after week
• generation of potential buyers and sellers
• give you an exposure in advertising months instead of years
• be able to know the best investment purchases

Personally, I love me expired systems and laser beams, as concerns warm and friendly vendors. The sellers are generally still nedvizhimosti friendly, or sell and will do what is necessary to sell their property.

Owners of expired list is justified for many reasons, double mortgages, vacant property, terrible tenants, who recently married and combine households, recently divorced and liquidate real estate and so on.

Although they went through a cycle of registration and may be eager to reach out with your life. But as you know, or will soon know all the ads that are not worth taking.

I mean, I originally was part of a building as I could, vacant land, a household, Condo’s, triplex, mobile home parks, mobile homes, houses in top notch condition, “S beginning, whatever.

I had to feel pretty darn good (and the only one yet) so that it enters the portfolio has increased more than I could handle ads.

Therefore, hired a part of the first secretary / assistant who can help me to market my listings, and then took the recently approved as a trading partner and split the fees list 50/50. Quickly enter the system was humming and I was one program each week on average 1-2.

I had an army of agents working for me day and night, since almost all of my ads were more in my system. Does that make me pay, even when I was chaperoning trips, get haircuts, or just a day

Here is what is good for real estate registration system can do for you!

So if you do not have a good system for the registration should have a. In the end, if the real estate ads running the industry, so how can be successful without them?

The recent slowdown in the world has witnessed one million shares of “Every Day” investors, like fingers badly burned. The nightlife are immediate savings, pension funds are in crisis and the economic outlook for all of us who had invested money in shares is dark to say very little.

As a direct result of investors in their thousands turned its back on Russian markets and the search for other groups of assets to invest, when his hard-earned money. This led to an increase in global markets for real estate and property prices, and gave birth to a generation of inexperienced real estate investors.

For those of you, if it is too late for the company to invest in real estate or the best way of doing things most important feature of the investment, here are 5 tips for a successful real estate investment in a possible date back!

1) considered as property investment abroad

Relatively large markets for goods that are not used in countries around the world, real estate investors more return on investment in the form of income or dividends in the short and medium term growth of capital.

While major markets in the United States, Britain, Australia and Europe is slowing, is owned by emerging markets in the world who are hungry for investment and is very useful.

For example, in 2007, several countries have already agreed to join the European Union and as a result of real estate markets in these countries are able to attract more visitors, more trade, more investment in infrastructure and a stable economy. At the same Hungary, Slovakia, Bulgaria, Croatia, Turkey and northern Cyprus are only some examples of overseas destinations for new markets for real estate, which may deserve your attention.

2) Make sure your projects are profitable

This seems ridiculously simple right? Well, you would be surprised how few people actually ensure that their plans are really sustainable and profitable, because hope.

Think of the property, initially by comparing the values of properties throughout the city, country or region, and ensure that you know what your money can buy. Hence, ensuring that the rental income from its plan to call their own realistic, or that he wants the price goes to the description of the goods on offer.

3) Do not assume that

This is a house is structurally sound to accept that the tax is not going to change tenants Cree you that if they say they are proud and honored home builder approval of the first date!

Is your due diligence regarding any aspect of the implementation of the price of a home is reasonable to ensure that your tax adviser before you. This is your investment, its future, its potential benefits, and ultimately it is your responsibility.

4) hire an expert in doubt

Few people are masters of all routes would be willing to recognize that the area where Monday is far from an expert, and at least consider the court a second opinion. Again, this is the structural stability of real estate to understand the legal consequences of letting their premises. When in doubt always double-checking, and if this means that you should call an expert, be sure to call an expert!

5) and realistic budget to finish

If you buy a property for the purchase of a property or repair, you must sit down and add in each region of the estimated cost to provide a realistic budget.

Make sure you have all sought in the investigation, legal fees, cost accounting, insurance, and probably the interest rate on the necessary financial resources, taxation, connecting utilities, commercial tenants or buyers, real estate broker fees, and do not forget to add the prices of goods and the cost of repair and modernization and major operations are necessary.

Save time for each of the regions where the cost will be made and all information about the payment, probably will have to do, and with the arm Bullet Proof budget and do everything in its power to ensure that there is a bad surprise.

National Housing and PT Bakrieland Development Tbk will build six towers house property (rusunami) rusunami equivalent to 2,500 units, located in the area of East New Primary Center (SPBT) Pulo Gebang, East Jakarta. Of Land Administration, which is 1.4 hectares.

“This area near the center as well Primary Baru. Then, access to transportation are also good reasons right at the edge of the toll of Foreign Lingkar (JORR), near the railway station, and later connected with the busway network,” said Hiramsyah S Thaib, President Director of Bakrieland Development Thursday (3 / 4) in Jakarta.

Rusunami selling price ranges from Rp 86-144 million per unit, with a floor area of 21 square meters, 25 meters, 30 meters, and 36 square meters. Sales officially opened on Saturday (5 / 4). According to the Sales Division Head Bakrieland Andre Makalam Rizki, the six towers rusunami this early stage, will be built in June 2008. Meanwhile, five other towers rusunami, will be built starting June 2009. “Development rusunami each tower will be completed in 18 months,” said Andre.

Near the location rusunami Bakrieland in Pulo Gebang, the towers are being built also rusunami by PT Primaland, which are now being reached four floors. About 60 percent of all units rusunami Primaland already sold.

If you have ever married, to go to school at the same time, I experience a wonderful possibility of multiple families living in an apartment or house. — There are many families of the property and how the design of many peaceful coexistence of the family and other entities, such as apartments and give the feeling that you have to live in the family is actually one large. Items such as, for example, washing machine and dryer division of five families do not know what will happen underwear means you have the right to fish off the Washing Machine before starting your own laundry. Hot water heater and now is sharing means that the trigger in the early morning of each chapter. Fishing “kosubisho” every evening in the living room through the walls to hold seven clear so far, no later than the behavior on, Hakstubbl Home.

Many families living in housing and between the ideal and do not have a lot of tenants can be a means to collect the rent for the prosperity of the people. My owner, as well as current college students, and some property in town to manage the rich, outside the framework of the state and families, and the collection, handsome intellectual property rights of the owner of the course fee. . Teita expelled to make sure that people on the second floor, roof replacement, to restore the unit to another, and various other duties to perform, but at the end of this month, said he had received $ 2,500 – the second bank.

Once, when drains clogged by which I had fixed him how his family could be a very successful commercial real estate investments, many of the families. He told her family and would not necessarily have heard that the housing baronzu today, which repeal all together, even after borrowing from the extension of the family, they are still missing, but the large local bank loans. It also bought the first multi-family property is double the three daughters of an old university. The range, near the university campus like this, the family is buying the deterioration in the financial resources of the property have to go to the other side of the coin for rent Masu. This experience, my landlord families receive useful insight into some multi-family housing finance.

After several weeks, I have the opportunity to speak with my father the king, owns property with his wife and I at this point in the living room. Capital investment while enquiring about his business, I learned a little more families to finance capital investments. He said that most financial institutions to provide funds only for multi-family housing units of five or more of the loan amount, at least 50 million dollars. It seems they do not deserve the lender and less time to finance investment.

Mortgages and most families, many of the 30-year, interest rates ranging from 4.7 percent to 6,625 percent for funding of up to three million U.S. dollars. We have learned that in most cases, these “small loans” excessive lending to just over $ 3 million and known as the “maturity” of the loan, in other words, by default, the loans lender may take “resorting to” the use of private assets. Loans for more than 3 million United States dollars, the “non-recourse”, and this is private property protected by the case, the borrower default. Most financial institutions to provide an alternative, such as loans, adjustable and fixed.

Ultimately, the key to the success of this family, multiple family to invest in real estate market is not in the complaints of tenants to deal with speed, or if the comfort of living, these things to maintain business operations. The reason for its success is a full understanding of finance and investment were obtained from research facilities, experience and trial and error.