Tuesday, April 17, 2007

Commercial Finance Program Blows the Roof Off "Ugly House" Investing

Real Estate investor training goes to a different level with this commercial finance program. This commercial finance training is a home-based business that goes beyond "We Buy Houses."
Real Estate investing as a business strategy has skyrocketed in recent years, mainly because of late night advertisements promising the freedom to live the life of your dreams for only a few hours of work if you take their real estate training. These strategies have been proven time and time again to be effective for generating wealth in a home based business. Recently a whole new industry has been created by the success of this one strategy -- "ugly house investing." This type of real estate investing is also known "flipping" distressed properties and renovating them into sellable properties.

Wednesday, April 11, 2007

Property investors in Spain told not to be put off by legal issues

British property investors in Spain, which includes those operating in the buy-to-let market, have been advised to be aware of legal issues but not put off by them.Pierre Williams, a spokesman for property investment education firm Inside Track, said that what buyers needed to do was be aware of the issues and check things out thoroughly.He said: "The issue of developments going up without planning permission has been well aired and anybody buying in Spain should be aware of that. Any development which they consider must have this checked to see whether or not they are likely to have any difficulties in the future and to avoid buying in those areas."Once a property has been established as meeting all the legal criteria over planning permission, the buyer is in a favourable position, with the numerous advantages of buying in Spain coming to the fore.Included in these, he said, were the climate, infrastructure, good health service and well-established expat community, all favourable to British buyers.

Tuesday, April 3, 2007

Bigger property play for TA

TA ENTERPRISE Bhd, which is well known as a stockbroking and financial services group, wants to beef up its exposure to other more profitable ventures, especially property development and investment.
For the financial year ended Jan 31, 2006, stockbroking and financial services contributed 45% to group earnings while property made up 35%.
Another 20% of the earnings are from its offshore division that is involved in real estate investment of office buildings in Vancouver and Johannesburg, a hotel in Sydney and a stockbroking outfit in Hong Kong.
We want people to know that TA Enterprise is more than a stockbroker and the headway made by the property division bodes well for the groups plans to grow into a conglomerate with diverse and profitable business interests, executive chairman Datin Alicia Tiah told StarBiz.
Tiah said while stockbroking was still a lucrative business, especially during a buoyant stock market, the cyclical nature of the market made it necessary for the group to diversify its earnings base to achieve greater financial stability.

Wednesday, March 28, 2007

How To Avoid Rookie Real Estate Investing Mistakes

When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of course, ecstatic. Finally, he had done it. He had taken that first important step in truly building his wealth that the man he called his "rich dad" so often touted--investing. He knew it was very important to become an investor and make his money work for him. The trouble was, the property he purchased was a losing deal for him. He didn't see this at first, thanks to a smooth-talking real estate agent. But when he took the contract to his rich dad, he learned what a mistake he had made. According to that deal, he would be losing money each month. He thought it would be all right because he had been told that lost money was an investment in the future appreciation of the property.

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Thursday, March 22, 2007

Foreclosures: A Real Boom for Investors

The climate is ripe for an increase in the number of American homes going into foreclosure. Interest rates are on the rise, mortgage payments are continuing to increase and home values are staying stagnant in some places and falling in others.Now, instead of refinancing to get their hands on quick cash, many homeowners are finding themselves in financial trouble with little or no equity in their homes, and are walking away and letting the lenders foreclose. According to RealtyTrac, the nation's leading online marketplace for foreclosed properties, 318,355 properties entered some stage of foreclosure nationwide during the third quarter of 2006, a 17 percent increase from the previous quarter and a 43 percent yearly increase from the third quarter of 2005.But the news is not all bad. Foreclosed properties have turned into a windfall for savvy investors like Michael Johnson of Chicago, Ill., who have learned the tricks of the trade