Common Commercial Real Estate Contract Contingencies

Common Commercial Real Estate Contract Contingencies

Just like residential real estate contracts, Dallas commercial real estate contracts have their share of contingencies. In short, contingencies are found in most real estate contracts and are essentially escape clauses for both the buyer More »

Real Estate Agent As The Key To Success In Real Estate Property Buying And Selling

Real Estate Agent As The Key To Success In Real Estate Property Buying And Selling

It is very important to remember that when you want to be successful in dealing with real estate market, you should work hand in hand with a real estate agent. Whether you are buying or selling, this person will be your helpful guide More »

Create A Real Estate Agent Profile On Property Hookup And Successfully Promote Yourself

Create A Real Estate Agent Profile On Property Hookup And Successfully Promote Yourself

Are you a professional real estate agent with tons of market knowledge but not getting the business traffic you deserve? Are you struggling to keep up with the new fashions and technology associated with online promotion? Are More »

 

Real Estate and Motivation vs. Inspiration

7uu7uu.info1My life is thriving in balance with purpose- Is yours? Do you find yourself fighting to stay motivated- putting things off- wasting time- lost without a purpose? If you said yes to any of these, there is still hope.
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How would you like to be that person that is always motivated- always getting things done- always enjoying life- always fulfilled? If so, here are some time tested principals that, if you apply them, will take you to that next level-

Motivation vs. Inspiration

Many people believe that motivation is the “engine” that drives you to success. Most seeking motivation attend seminars to hear others as they share success stories and strategies. These events cause us to feel good and challenge us to get moving. However, when you face the real world, it seems to just burn out on the extra mile- Have you ever felt that way too?

That is because “motivation” as Napoleon Hill says “is like fuel to a vehicle.” So what exactly is the “engine” that drives you to success? If motivation is just an external portion that helps build momentum, where does the power lie? Now inspiration, on the other hand, is internal and comes from realizing your purpose- The problem with most people is that their purpose is unclear and much smaller than was intended.

The reason why many lose motivation and quit before ever reaching the next level is because their purpose is smaller than themselves. However, what would happen if your purpose was bigger than you? I’m glad you asked-

Imagine you want to build a home, and just the thought of all the work makes you lose your motivation, but as you begin to think of the fact that in this “home” you will live with your spouse, raise your children, and have your grandchildren visit. You are now inspired and compelled to fulfill the vision of building your “home” no matter what the cost- Don’t you deserve a life of inspiration?

Define your purpose

“Why?” is the first question you must ask yourself personally and in business. If your “home” wanted to discover why it was built who would it ask, the neighbor, the mail man, or its builder? I think you get the picture. So visualize your purpose by writing it down. Once your “Why” is bigger than your “How” you will get inspired and the “How’s” will automatically aligning themselves.

Break through

You can’t fight what you don’t know exists. Answer this question, “What is holding me back from fulfilling my purpose?” The most popular answer is fear. Whatever your answer may be realize that you must conquer your obstacles or they will conquer you. If while building your “home” you find there are problems with the foundation you must do what it takes to strengthen what holds it all together. When you get weary, don’t worry its normal. Remember the foundation is the reason “why” you are paying the price. Break free!

Assemble your Power Team

As you press toward the next level you will find that you can’t do it on your own. Take the time to pick the right people that will empower you to keep moving forward in your journey. For example, a few things you might need to build your “home” are a developer, an architect and a construction crew. What kind of team do you need to build your vision? A team that balances out all your weaknesses- So when you run across problems that seem impossible seek answers from those who have them.

Grow in balance

True success can be measured by how balanced your life is. Balance can be like the fence that protects your “home.” It is vital to grow in every area of your life to experience the type of fulfillment that comes to those who grow in discipline- So decide to live balanced today and reap the benefits.

Enjoy the journey

When you are taking action, every day takes you one step closer to fulfilling your purpose. Just like you would get exited about your “home” taking shape with each new day, so too should you enjoy traveling your path to success. So get exited!!! Every day you are one step closer to fulfilling your vision.

REMEMBER-Though your “home” that took so much work is very valuable, nothing compares to the lives shaped by it. So empower others to do the same by passing on these tools that enabled you to build your own. Rick Melero and the Board of Advisors of America’s #1 Real Estate Network have completed 100s of real estate transactions with over $100M completed. Invest with the group and learn more about HIS Network’s  real estate buying group

Smart Tips For Finding Homes

7uu7uu.info2Real Estate – Picking the Right Agent to Help You Out

If you want to be successful in any real estate endeavor, choosing the right agent to meet your needs is very important. Even though all of them are capable to help you carry out your transactions, there are some of them who are best suited for your specific needs. You have to watch out as well for a few signs that will signify that you have the best agent at your side.

When choosing a real estate agent, you have to consider the type of real estate transaction, such as homes for sale, homes for rent or lease, etc. You could be interested with a specific type of home as part of your investment so you need to choose an agent who specializes in dealing with these types of properties. It is essential to not just choose an agent but you need to find one who specializes on the kind of property that you are looking for. He will have several connections that can help you obtain the property that you really need.

You have to consider the qualifications of a real estate agent before making an agreement to work with him. He should be a member of an association for realtors to let you know that he has the licensed required to work with clients. Make certain that he also follows the code of ethics by having a certification from the association. This will indicate that he holds a high stand that is required by the law.

The qualifications of a real estate agent don’t matter at all if he does not work hard to satisfy the needs of his clients. It is one good idea to find an agent who is referred by most people you know. When the person you are talking to is someone you trust and he had a good experience with a specific agent, there is a good chance that you will have a good experience as well if you have that agent at your side. Think about that good agents stay in business for the reason that they work to satisfy their clients so you ought to do business with someone who has a proven track record.

Once you don’t know anyone who can refer a good agent, have time to research for an agent who is good with his job. The internet has lots to offer and you can find many websites that give you ideas concerning agents and the services they provide to meet your needs. Research their profiles to be aware of their qualifications and experience and see if you can work well with them. You can read customer testimonials regarding them so you will be aware what other people are saying about them. These are necessary tips prior to making your final decision regarding an agent to help you.

 

Tips to Follow While Buying Property

7uu7uu.info3The process of buying property can be very strenuous at times and it requires a lot of thinking while doing so. Thus as a property buyer you must make sure that you do all your research on the property you are buying and follow a few useful tips. These tips can help you a lot in the long run.

• Drainage sufficiency

You must mandatorily check the levels and whereabouts of the external drains. You must also make sure that the drains are accessible and are also completely functional. Water logging can be a very long term problem at times of rains. Thus by keeping in mind your long term requirements, you must check whether your area has sufficient drainage or not.

• The significance of the area

The place where you are buying your property might be having something that makes it popular. You must make sure that you notice all the ups and downs of this place before you carry on with the entire process. The area might be popular for having a pub or a bar or a kebab shop also.

• Is the place big enough for you

There is no pint investing in a property that does not satisfy all your needs and requirements. Having said that you must make sure that the property you are investing in is big enough to accommodate all the members in a very comfortable manner. This will not only give you a lot of comfort in the long run but you will also be able to live with a complete peace of mind.

• Is the structure of the building sound

The building must be structurally sound. It must have the capability of withstanding horrendous external forces like storms and tornadoes. This will increase the life span of the property and also its retail value. The structure of the property is also its foundation. If its structure is sound, you are making a very good investment. Otherwise you must think about it.

• Electricity

The electricity supply of that area must also be taken into consideration. The cost of electricity also varies from one place to another and you must take all these costs into consideration as well. In order to do so, you must enquire with the concerned people and gain as much as information as possible before proceeding with your investment.

Before purchasing the property, you must analyze whether you see yourself living there or not. This is the most important thing.

Recommended Tools for Beginner Real Estate Investors

I’m often asked for a list of recommended tools for Beginner Real Estate Investors. The list I’m about to give you works in all different industries. It doesn’t matter if you’re working with foreclosure sellers or whether you’re working with potential private investors for a commercial real estate deal you’re putting together.

The first tool I recommend is a credibility kit. It could be a website, brochures, collateral and business cards. Whatever it is, it should be consistent. It should show people you are who you say you are, can do what you say you can do, and let them know what you do, what solutions you provide and why they should work with you. It’s very simple.

Next, and a lot of people disagree with this, but I think you should have a dedicated phone. I think, at the very least, you should have a dedicated phone line. It can come into your cell phone number, but it should be a dedicated phone line.

Next on my list of recommended tools for beginner real estate investors is a tickler file. This is a way to track your pinging and your follow up if not automated. For example, you talk to a seller who is interested in selling but not yet over the hump of selling at the terms that you want. Make sure you have a system of organization whether that’s Outlook, one of the automated tools that I use, or a box on your desk with index cards that are put in order of date – whatever it is, low tech or high tech have something that helps you follow up and tickle people over time and keep organized.

Next, and I think as we move more and more in today’s world, this is less of an option and more of a requirement quite frankly: an autoresponder. One of Aweber. The one that I got started with and am more familiar with is GetResponse, I currently use both Get Response and InfusionSoft.

Next are questionnaires. This is a simple tool. This is something you can have printed out in front of you on your desk. You want to have questionnaires that deal with who your perfect potential people are who are coming into your marketing funnel. For example, you should have a sheet that you fill out on the phone with someone if they’re a potential lease option seller. You should have a sheet you fill out with someone on the phone if they’re a potential lease option buyer. You should have a sheet in front of you if you’re having calls come in from a potential private lender or investor.

Can you later advance, put some of that stuff on the web and have it automated? Yes of course, but don’t let what you don’t know stop you from doing that. If you don’t have a website with those fancy features where people can type all this in on the site, have these people call you. Fill out a form while you’re on the phone with them and build rapport with them.

We don’t want to 21-question them, that doesn’t work, everyone has seen a first date where you’re just like – that guy is definitely not going to get a second chance because he’s just rapid firing question after question and we all know that doesn’t cook the bacon, so you want to have those sheets in front of you.

I’ll tell you a quick story about when I first started out in the real estate game. I was actually working for an investor for free and this guy was a jerk. I didn’t like him at all but he had this policy about this buy sheet, this thing that had to be filled out.

If it was blank paper it was about as worthless as toilet paper but as you started filling it in and putting in the information about the property, putting the motivation from the seller, different information pieces you’d gotten from the seller- as you started getting that filled in, and it might take more than one conversation it might be over time- as you start filling it in it becomes less and less toilet paper and more and more worth its weight or more in gold. That was something he taught me, even though he was a jerk and I didn’t like him I learned the value of keeping and data-basing that information for follow-up.

I hope that you have found this list of recommended tools for beginner real estate investors to be valuable. They’ve helped me build my businesses, and I know that they will do the same for you.

If you’re serious about making money NOW in commercial real estate, while building long-term wealth, all by learning how to re-position yourself to achieve INFINITE returns then you must attend our next live educational online webinar with America’s #1 Real Estate Network™. Register here, right now as a guest of Danny Welsh and unlock the secrets to 6-figure pay-days and awesome monthly cash flow per deal: Register Now

An entrepreneur, real estate investor, marketing consultant and copywriter, dedicated reader of thriller novels, lover of great southern barbecue, Texas hold ’em poker aficionado, and published author, Danny Welsh is passionate about two things: empowering real estate investors and entrepreneurs to get to the next level, and helping other business owners get better results with their marketing using mostly no cost and low cost marketing initiatives. Co-founder of both the Greatest Real Estate Giveaway and Real Deal Community social network for real estate investors, Danny is a managing partner with HIS Real Estate Network, a commercial real estate buying group.

 

Benefits Of Real Estate Business And Investment

In the domain of real estate business there is no need to be apprehensive as yet for the Americans, are still recovering from the fear of debts which had controlled their finances until recently and it is only with the help of such resources as a low interest consolidation or the best debt management programs that the citizens could finally get respite from the trap of debts. But now when the economy has started to look up from the financial void, it is time for the citizens to change their views about some of the businesses which are capable of providing better returns in the long run. Gone are those days when businesses were looked with greater awe. Though there are persistent risks which are involved with this business, it is of more worth to calculate the advantages of being involved in this business.
Let us have an overview of the same in the next few lines:
If you have been comparing an array of business opportunities lately, you will be glad to know that a real estate investment is less risky than other businesses and they are in fact quite stable provided that you have actually been able to encompass the pettiest of aspects that are related to this business, and you have taken this opportunity seriously. However the lesser risks are associated with such factors as stability in the rate of mortgage followed by the appreciating value of the land and various other socio economic issues.
There is no need to have a huge capital at least initially to start off with the business. The property can be secured by negotiating a lower amount, and some money should be kept for holding the property as a security.
A real estate investment will not tale up a hell of all your time but only if you are calculating and clear sighted about the prevailing marketing conditions at that point of time.
As far as investing in real estate is concerned leveraging still remains as the best option wherein you can invest a portion of your money and the rest can be borrowed from a bank or any other financial institution.
If you are able to select the correct geographical location, you are likely to get a high value of appreciation over a period of time.
Along with paying your mortgage debts you will be creating a home line of equity which is to imply that you will be able to approach the original price of the property without any debt.
Unlike other investments where you may lose a lot of your money for paying the tax amounts, the tax exemptions on a real estate investment is much more than any other business.
Therefore a real estate investment is the best bet for the value of a property is almost always on the rise which provides a good impetus for the growth of this business, but you have got to treat it with the necessary vigilance and the required acumen.

Southern Utah Real Estate Market Conditions

With just 60 days to go before the 2014 Real Estate market hits -Reset- and dives into 2015, the October St. George Utah real estate market conditions and statistics continue to look positive.

In drilling down on the current inventory, it’s hard not to notice the the greater St. George Utah area – primarily in the cities of Ivins, Santa Clara, Hurricane, Washington, St. George, Brookdale, and Pine Valley – currently has an inventory of 3,978 active real estate listings. Of those listing, only 196 are listed as condo/townhomes for sale; with 275 townhomes sold thus far this year on the Washington County Board of realtors MLS.

Active Vs. Sold Listings

The Southern Utah real estate market has no doubt survived some rather dramatic vacillation over the past 48 months. During the ordinarily quiet month of September, Realtors in St. George Utah sold 280 real estate listings via the MLS, representative of significant deterioration over 2013s 301 sold properties for the same month. Exploding onto the MLS during September 2014, a total of 2005 Active Listings were listed for sale in the hopes of finding a new owner, representing a significant jump from last year’s Active Listings of 1691 during the month September.

Cumulative Days On Market (CDOM)

With the 2015 holiday rapidly approaching, it’s beneficial for southern Utah’s would-be home sellers to understand that traditionally, while the holiday season is fun for the family- It ultimately means increased -Cumulative Days on Market.- Example: when comparing the average CDOM for a listing in September, a properly listed property lasted on the southern Utah MLS for roughly 78 days. Conversely, that same listing, with the same Realtor – and at the same list price could expect to spend an additional 20 days on the WCBR MLS if listed in during December – a not so welcome Christmas gift.

Southern Utah’s Popular Price Range

The bread-and-butter of the “Palm Springs” of Utah’s (i.e. St. George) real estate inventory, homes under $300,000 remains popular. As the remnants of St. George’s housing inventory gets picked over by the newest -snowbirds- in town, those with access to the WCBR MLS can easily tell that one of the more desirable list price ranges remains those properties under $300,000. When examining some of the available data sets for the past 30 days of MLS activity, we see those properties listed under $200,000 enjoyed a greater proportion of buyers competing for their property – perpetuating a long and healthy trend in southern Utah.

Generally speaking, St. George’s homebuyers feel most comfortable in this price range. For their $200K, today’s buyers are looking for that perfect home; comprising approximately 1800 sq. ft., with a flexible floor plan. Additionally, today’s buyers want a home that backs up to green space – think an open park-like space in many of the newer communities. Upon close review of the single-family residential sales for southern Utah, we see the housing sector standing firm and holding its own.

Currently, the southern Utah MLS absorption rate is increasing incrementally; the cumulative days on market for a properly priced single-family residential list have declined dramatically. Representing a 2.91% increase in the median priced home sold in greater St. George area, our median price sales jumped from $232,000 in 2013 to $249,000 in 2014 – not a bad increase. Learn More At: Southern Utah Real Estate Market Condition

Office Remodeling to Fit Your Business!

Many business entrepreneurs believe that changing the physical aspects of a commercial office space to increase the performance of the company is very important and serves as a motivating force to begin such renovations. They understand that renovating this space will increase its appeal and may help personnel become more productive and comfortable while working. Hiring the right contractor and interior designer is a requirement to achieve the desired results so that the space becomes an outstanding area in which to work and conduct business.

Reasons for Rejuvenating

There are many reasons to start a remodeling project, which could include: designing a healthy and safe working environment; enhancing the production rate; targeting new customers while retaining existing ones; and establishing a fresh environment for all employees. Whatever the reason is for wanting to undertake such a project, this change should also be geared toward maximizing the company profits and boosting its productivity level. Several factors should be considered before undertaking any kind of renovation to reach a desired business goal.

Important Considerations

It is important at the onset of such a project to think about all of the factors involved in a renovation such as business requirements, designs, sizes, traffic flow, and physical lay-out. Any company considering such an undertaking must have a clear objective as to why this huge venture is so important. Since the outcome of this project is so important, it is imperative that the needs of the business and the architectural design be closely coordinated. This is a very challenging business activity and a good contractor must be found who will provide proper guidance on the necessary steps that need to be taken so the project is successful. Again, there are many factors that should be thoroughly researched so that the outcome is satisfying for all impacted parties.

Planning

Prior to engaging in the actual process of remodeling, there needs to be adequate advance preparation. Planning is essential to work out any temporary conflicts and organize all the desired improvements to focus on saving time and money for the company. Ideas from employees regarding new design concepts or any other such employee feedback should be solicited. Once a strategic plan is in place, the renovation project is ready to begin.

Office Ideas

One important factor for area rejuvenation is the design. An attractive environment is beneficial to both workers and customers to boost both productivity and sales. Therefore, any office remodeling task should incorporate designs that will stimulate the performance of employees as well as attract more customers.

Contractor Selection

It is a cardinal rule to choose the right contractor to handle this type of project. Before hiring anyone for this job, it is important to check credentials with the Better Business Bureau (BBB). Although this is an important step to take, it should not be the only review attempt undertaken. It is best to check, research, and verify every available area contractor. Important factors to be considered include references, licenses, insurance, years of experience, credentials, and cost estimates.

Remodeling a commercial office space is crucial to enhancing business performance. It is always important to examine all factors necessary in the remodeling process such as the objective, planning, designs, and choosing the right contractors. By keeping these factors in mind, it can be ensured that an office remodeling project will be affordable and fit the needs of the business!

C. Michael Hunter is an expert in commercial real estate and office space information. To find out more about Dallas Commercial Office Spaces, go to the main website at: http://www.lcrgusa.com/.

The Rising Star Real Estate Company in India- Mona Townships

Amidst the slowing economy, decreasing real estate demands, falling share market of India, every day or the other we keep hearing here in India that the boom in the building real estate is almost gone. Driving your car in Delhi, India and the stuck in traffic jams on the city roads you wish to listen to some soft live music on the radio and there comes and advertisement from a company XYZ promoting its awesome flats of 2 BHK and 3 BHK as never seen prices, you come to know how desperate they are to sell even a single unit.

A single 2 BHK, Bedroom Hall Kitchen in India around Zirakpur/ Chandigarh around an year back could cost you around 40- 45 Lakh Indian Rupees, but after the slump and the fast decreasing demands in this sector, we see builders coming up with various offers such as a car free with a 2BHK flat in zirakpur, straight 30% discount. 20% down payment and the rest you can ask the bank to keep chasing you.

Some might even offer their kidney if you buy a flat. Sorry, jokes apart, but the lucrative offers are too true to be believed. The real estate mafia here in India would almost do anything to get their flats sold. Take an initial payment from you invested and promise you a possession in the coming 2 years deadline, and then you keep waiting for them to finish the buildings on time and give you the possession.

Yet amidst these suppliers or the so called big giants of real estate, you will find a few good players in the middle, who stick to their very basics and try to give you the best of the value for your money. One such name is Mona Townships Pvt Ltd. Mona Townships is a private limited company with its registered office in New Delhi, India and focusing on one of the most fast developing and demanding areas of India.

One of the prime projects developed by Mona Townships MTPL, under the expert directorship of Mr. Setia and his intellectual sons, Sagar and Akash Setia, are Mona Green Zirakpur and Mona Paradise Apartments Mohali. The apex projects were almost booked for a great percentage at the time of starting itself and the demand and acceptance of these flats were so good that the company planned for a similar growth under the same name as Mona Greens II.

The success of these flats can be heard from mouth to mouth the VIP road in between Zirakpur and Chandigarh. Mona Townships, the rising star in the sector of real estate in India and the Tricity.

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