i would like to hear from those of you who have taken this 3 day $ 3000 cost class of making money with real estate, by buying pre foreclosure homes with private investors, farming, and selling during times of distress by original owners and when the market is falling down. Does his site which gives listing of pre foreclosures really work. How good is personal advisors. I would also like to get a peek at his pre foreclosure listings of houses, so if any of you have it, pls let me know
I would take that 3000 and use it as down payment money for my first property or to pay for closing costs.
You can join your local real estate investors association, most large cities have a few. You will learn just as much and speak to the people that do this every day for just a small membership fee.
Do a yahoo or Google search for his company. I believe there are quite a few unhappy people out there.
India Realty
Romance, melodrama, action, mystery, twist… All elements that one connects with a typical Hindi movie can easily be used as adjectives to describe the ‘India property’ of the ‘real estate’ in India’.
To justify, let’s club together last week’s happenings in the sector. The week has been a dampening one for real estate, as the dark clouds (with minimal silver lining) of global slowdown cast their shadow on the real estate sector as well. The reason is quite obvious – there was the thumping end of those glorious days of low-interest rates. The all-time low and lucky figure of around ‘7’ per cent changed to scary double digits, oscillating from 13 per cent to even 20 per cent in some cases.
Reality wee(a)k
On November 12, 2008, CB Richard Ellis (CBRE) released a report, via Press Trust of India (PTI), claiming that real estate projects in India are getting delayed due to paucity of funds, even as developers struggle to cope with decline in sales volume across residential, office and retail verticals. The report said that the real estate-investment market in India continued to remain subdued amid economic worries.
On November 14, The Times of India reported that Finance Minister P Chidambaram had assured real estate developers that the government will impress upon banks to accelerate lending to realty, which is facing one of the worst slowdown in recent times. A delegation of builders under the Confederation of Real Estate Developers’ Association of India (Credai) had met Chidambaram to complain against banks’ reluctance to disburse loans to real estate companies.
The very next day, on November 15, an Economic Times story urged people to invest in the real estate sector claiming that investing in real estate is a good idea to hedge ` against inflation. It talked about the benefits of the India property, real estate funds, and real estate investment trusts (REIT).
Realty years
Property dealers’/agents’ signboards at every nook and corner of the country, and inclusion of some of the Indian realtors in the world’s ‘billionaires list’, prove that realty, as a business, has always been lucrative and profitable.
The India property, in the recent past, has witnessed a revolution. According to a Cushman & Wakefield research, the sector has seen a growth rate of up to 30-35 per cent, and is estimated to be worth US$15 billion. If experts are to be believed, it is expected to grow at about 30 per cent annually over the next decade, attracting foreign investments worth US$30 billion.
However, in the last couple of years, realty has been affected adversely because of the rise in interest rates, which went up from seven per cent to around 12 per cent, as Reserve Bank of India (RBI) thought that price rise in realty could create a bubble. Additionally, the bank tightened the provisioning norms, making loans to the sector costlier, and when the inflation rate shot up, it constricted liquidity to keep price rise under check.
Such steep rise in the interest rates and tightened liquidity severely affected affordability and, in turn, brought down buying/investment in real estate.
Future reality
Nevertheless, the bad news will not be that bad for long, as the situation seems to be turning around, albeit gradually. On November 15, while the national dailies carried India property advisories, some of them also had news that banks are cutting housing-loan interest rates. Moreover, RBI’s policy is also expected to alter, or so assured the finance minister, thereby making at least the residential real estate affordable.
Almost 80 per cent of real estate developed in India is residential space (the rest comprising offices, shopping malls, hotels and hospitals), and five per cent of the country’s GDP is contributed to by the housing sector. According to the Tenth Five Year Plan, there is a shortage of about 22.4 million dwelling units. Thus, over the next 10 to 15 years, 80 to 90 million houses will have to be constructed, and easier availability of finance will facilitate the process. Housing Skyline of India 2007-08, a study by research firm Indicus Analytics, says that there will be a demand for over 24.3 million new dwelling units for self-living in urban India alone by 2015. Consequently, this segment is likely to throw up huge investment opportunities. In fact, an estimated US$25 billion investment will be required over the next five years in urban housing, says a Merrill Lynch report.
On the commercial side, the IT and ITES sector alone is estimated to require 150 million square feet of office space across urban India in the next couple of years; hence, there too lies tremendous opportunity and scope.
The ground real(i)ty
The India real estate sector supports more than 250 other ancillary industries including that of construction materials like cement, steel, paint and electrical. A study by rating agency ICRA says that in terms of direct, indirect and induced effects in all sectors of the economy, the construction industry ranks number three among the 14 major sectors. The study says that the sector has capacity to generate income as high as five times of the present level, and if the economy grows at a considerable pace, in the next decade the sector can create about three million new jobs.
At investinnest.com, a leading property seller globally based in india, uk, dubai, usa etc..we have ties up with top builders of delhi like emaarmgf, dlf, unitech, omaxe mantra etc…we give necessary advise to the investor about the property where they can take good return as investors, no matter how far away you are currently located.
For More Information about India property — visit: http://www.investinnest.com/
vanky Raman
http://www.articlesbase.com/business-opportunities-articles/indias-real-estate-market-revolution-2008-649967.html
You mean other than Robert Allen?
You might check out John T. Reed. He's done yeoman's work on the various real estate prophets.
His page or Robert Allen is here
http://www.johntreed.com/Reedgururating.html#anchor496881
The list of people he's researched is here
http://www.johntreed.com/Reedgururating.html
The essential passage on Robert Allen:
"At best, you would have negative cash flow following his books. At worst, you would go bankrupt and wind up in jail. He doesn’t put it this way, but his nothing-down techniques almost all require you to mislead an institutional lender or take advantage of an unsophisticated seller or both. The president of his Atlanta Robert Allen Nothing Down Club literally went to federal prison (at Eglin AFB, FL) for doing illegal nothing-down deals. There is virtually nothing in his material about how to make a profit. Rather he simply assumes that real estate goes up so much every year that you need only buy it to cash in. Click here for a little story about his association with probate guru Jim Banks."
I wrote a little article about this kind of "expertise" here:
http://www.searchlightcrusade.net/posts/1124719255.shtml
For example, it does not require you to deal with management hassles. Again, you do not need to spend time for the various formalities involved in a direct property ownership. It is in fact an indirect real estate investment, and it can effectively produce high yields and substantial capital appreciation for you. If you are considering investing in real estate securities, you must have proper knowledge regarding the different types of real estate securities and their profit potentiality.
Real Estate Investment Trusts
If you are looking for ways to capture high yields and huge capital appreciations by real estate investing in securities, real estate investment trusts make an excellent choice. Commonly known as REITs, real estate investment trusts are the organized companies that are regulated by law. The biggest advantage of investing in these types of securities is that they pay more than ninety percent of their total income as dividends to their shareholders. Thus, being a shareholder, you can also make hay while the sun shines. What is more, when you invest in these securities, you are taxed only once. Thus, professional management, high yields, long term capital appreciations, tax benefits and so on, these are just a few names among the intimidating array of advantages it offers. REITs are in fact high yield vehicles that also offer a chance for capital appreciation. You can expect dividend yields in the 5-8 % range.
Real Estate Mutual Funds
When it comes to real estate investing in securities, mutual funds are one of the best options to go for. Some of the important features of these types of securities include high yield, long-term capital appreciation, professional management and diversification etc. However, the only bad part is that since they are associated with real estate investment trusts, you need to pay double management fee and other expenses first, to the trust management and second, to the mutual fund manager. Still, the expenses are relatively negligible in comparison to the high yield and the other advantages they offer.
Private Mortgage Loans
Private mortgages are another high yield securities. They are fully associated with income producing real estate, and you can use them for the acquisition, rehabilitation or equity cash out of residential and commercial real estate investing properties. This way, in the first trust deed positions, you can obtain return, as much as twelve to fourteen percent, and in second trust deed positions, the return can be even fifteen to eighteen percent. Besides, there is an array of other advantages as well. For example, where normally it should require 10 weeks or more, it takes not more than three weeks for the closings of most loans. Investors in private mortgage notes are able to receive much higher yields with no increased risk. These loans usually last for the duration of one year and provide a monthly income with interest only payments.
Overall, if you have a full time job or business, or if you are just retired looking for greater income than bank CDs and greater security than a volatile stock market, or if after having owned income-producing property for many years, if you are tired of dealing with tenants, real estate investing in securities is a great alternative for you.
James Klobasa
http://www.articlesbase.com/non-fiction-articles/investing-in-various-types-of-real-estate-securities-96879.html
Please help me pick a cute originally first name that goes with the middle names
Aiden Zachary
Have you noticed that many property investment courses have started offering a Free Real Estate Investor Seminar to try and get clients in the door? Over the past few years the financial education industry seems to have gotten a bad name. Unfortunately many investment seminars have been run by less than heroic people who have simply been looking to scam people for their money. This is very unfortunate because it alienates the general public from investing and more importantly from gaining a financial education. Nobody likes to be scammed, it makes you feel stupid and you resent the person or thing that did that to you. In order to stop this client backlash many real estate investor seminars are offering you a free ticket to see their event. Let’s have a look at why they are doing this, if you should attend and if you do - which one should you attend?
By giving away free Real Estate Investor Seminars the investment companies are effectively getting rid of your risk. A common technique is to give you a free ticket to a 1,2,3 or 4 day property investment course and then offer you a package that will either continue your education or help you with the hands on task of buying an investment property. So what should we make of these Free Real Estate Investor Seminars? Should we steer clear of them or should we take advantage of the free information that is on offer?
First of all lets look at the most common question that I get asked about buying your first investment property. “Can you tell me how to become a real estate investor and teach me all the special tricks that I need to know”? If you look at this question it has basically answered my own question about whether or not we should attend these Free Investment seminars. People want to gain the right knowledge so that they can become successful real estate investors and the best and quickest way to do that is to learn form somebody who has already achieved the results that you are looking for. So Yes, I definitely think that everybody should take advantage of the great free real estate investing seminars that are out there at the moment. What better way to learn that to immerse yourself into a weekend of pure Real Estate. Now of course not all Real Estate Investor Seminars will be great but the best thing about them being free is that you can leave at any time and it won’t have cost you a penny.
So Which Real Estate Investor Seminars should you attend? There are probably some of you out there that are saying “What free real estate investing seminars - I don’t see any”? Well you simply aren’t looking hard enough. There are plenty of websites that are dedicated solely to free investment resources. Now if you are lucky enough to find a few Real Estate Investor Seminars that are being run in your state then how do you choose which one to go to? My personal advice would be to go with your gut feeling, it’s normally right. Most importantly just make sure you actually go! The worst thing that could happen is you waste a morning of your life - Whereas on the positive side you might learn that one bit of information that you needed to give you the confidence to become a successful real estate investor.
Scott Martin
http://www.articlesbase.com/real-estate-articles/free-real-estate-investor-seminar-613188.html
Not me…and what for? As a doorstop?
Today the real estate market in India is at an all time high. With the emergence of multinationals, the demand for office and residential space has increased many folds. But the investors of this market still consider India as an emerging market for the restrictive laws relating to Foreign Direct Investment (FDI) and earning profit is difficult in Indiaâs property sector. Sensing this, Government has liberalized the laws relating to FDI in February 2005. With this now Non Resident Indians (NRIs) or Overseas Corporate Bodies (OCBs) can invest upto 100% in the sector and also in real estate industry and construction ventures. A foreign Company with 60% NRI holding is considered as OCBs. But still Government has certain rules in place for purchasing commercial property by foreign company i.e. property for business purposes.
Although the investment period is restricted to minimum of 3 years for the FDI to avoid speculative trading but the real charm is that the investment is now allowed in the smaller projects of 25 acres, (which was 100 acres earlier). The hassle free and the easiest way to enter this market is by buying an investment fund. There are many attractive and transparent funds from reputed investments houses. It is expected that with the liberated laws, real estate investment fund will emerge soon. But care should be taken before acquiring any land and legal help should be taken at every stage of buying process.
The increase in global real estate investment interest in India is evident from the fact that US real estate billionaire, Sam Zell has termed India as worldâs lowest cost housing market and is planning to make substantial investment. Further, Dubai based Emaar Group has already invested USD 100 million in Hyderabad. And companies from Canada, Malaysia, Tokyo, UK, and Singapore have all committed millions of dollars in India. This is all the result of easing of laws along with impressive property price growth.
The local factors contributing to this booming real estate market is the rise in demand for the property for sale and rent. With Indiaâs population raising to over million the potential for growth in property demand is huge. In addition to this the growth of IT sector and outsourcing in particular geographical areas has led to the demand for office and housing space in those areas. With the increase in the buying power of these professionals and the availability of housing loans has made it possible for them to afford their own houses. The increase in demand has also inflated the property prices.
Before 2005 there was only 1.1% of foreign direct investment in Indiaâs real estate sector. But after Government easing the controls and restriction on foreign ownership of immovable property and also on terms of ownership, there is a strong inward inflow of foreign investment interest in India. Government of India is keen to attract investment in this sector but in favor of control investment. As a result the local builders are earning around 30-50% of rate of return on capital and property prices has increased in excess to 20%. Cities like New Delhi, Mumbai and Banglore are mainly attracting these investments.
Number of Words: 532
Keyword: real estate
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Ben Hirsh is the owner of the Ben Hirsh Real Estate Group and an expert on Woodstock GA real estate . His unique website features a helpful sellers page where he explains what he can do as your Woodstock GA listing agent to sell your home. The site also features a Woodstock GA MLS search, Search where home sellers can study other homes on the market.
Ben Hirsh
http://www.articlesbase.com/business-articles/investments-in-real-estate-market-in-india-99928.html
I woul like get into real estate, but how can you buy houses at little- nomoney down? is it possible. my fico scores are fair(660). what can i do to start investing?
Hello -
I've not heard of Robert Allen Institute, but can certainly give you some insight into how to buy with zero down.
Gone are the days when a qualified buyer needed $10,000+ in savings as a down payment just to qualify for a home mortgage. In the last few years, a number of new and exciting homeownership programs have been established to help qualified buyers afford a home with NO down payment whatsoever!
Homeownership has some great advantages. You can build equity, while getting a tax break at the same time. And then there’s the pride of owning something you can truly call your own. There is no place like home, and it’s time you owned your piece of the American Dream.Here’s how it works:First, you have to meet some pre-qualifications. While I can provide mortgage loans to just about anybody, including those with some credit problems, the ZERO down loan is reserved for those individuals who meet the criteria set forth below.
NOTE: If you DON’T meet the criteria specified, we can still help you! Click for a FREE pre-qualification
https://secure2.realssl.com/dmeade0804/preapproval.aspx
We can show you how you can qualify — even with bad credit!To Qualify for ZERO Down Home Loan, here is what you need:
Item #1- Proof of 3 Years Stable Employment HistoryYou will be required to show proof of employment for the past 3 years. Proof will come in the form of a written verification of employment from your employer.Note: If you are self-employed, you can still qualify! You will simply need to provide 3 years worth of financial statements proving a stable income.
Item #2 - Reasonable Debt-to-Income RatioWe want to make sure you are comfortable and not struggling to make your payments each month once we grant you a loan. Therefore, we will need to know about any monthly payments you currently make. If you have credit card balances, auto loans, or student loans, that’s OK, so long as they do not exceed a certain percentage of your monthly income.
Item #3 - A Good Credit HistoryAlthough we can even loan money to people with some credit problems, for a ZERO DOWN loan, it is imperative that you have a clean credit history. This means that you have been keeping current with your monthly payments for other liabilities and have also not had any serious delinquencies in the last few years.
Item #4 - Property Types are LimitedYou cannot buy an apartment complex or commercial property with a ZERO Down Loan. Properties that you CAN purchase using a ZERO Down Loan include detached or semi-detached homes, single-family properties, certain town-homes, and condominiums. For more information on what property types qualify, contact us. So, do you meet the criteria set above? If so, we look forward to telling you: “Congratulations - You’re Approved!”
There more free advice at this website - http://www.freerealestatesecretssoutherncalifornia.com
If you have any further questions, please let me know.
Miami Lakes is a fairly large town of around 23,000 people in Miami-Dade County, Florida. This town is a CDP or a census designated place. A census designated place has no separate municipal government but is recognized as a physically separate area. It is located at 25°54â²42â³N, 80°19â²30â³W, and the total area of the town is about 17 km sq. The average household income is over $63,000 per year. The percentage of residents with bachelor’s degree or higher is well above Florida’s average. The average price of a single family home in Miami Lakes is about $400,000. The town is essentially a tribute to famous Miami Dolphins coach Don Shula. This is evident in The Don Shula’s hotel and golf, athletic club and restaurant.
Though the history of this place dates back to as recently as December 2000, the town of Miami Lakes is now a thriving part of Florida. The work on this town first began forty years ago with the decision of Graham Companies to treat this place as a planned community. The Grahams still own a large part of the town in the form of office buildings, apartments, shopping centers and undeveloped land. Initially the place was an agricultural community which started flourishing much later and finally came to be the busy business town it is now. The area is presently booming with parks, churches, schools and busy shopping facilities that allow you to live a great life here. A great place to visit in Miami Lakes is Main Street and all its beautiful upscale shops and restaurants.
The real estate market in Miami Lakes is blossoming since it is a favorite getaway place for businesses and families from all over the United States. Real estate here predominantly comprises of single family homes, condominiums, townhouses. The layout of the town is largely based on the new Urbanism Movement and ensures that residents and tourists do not have to strive too much to reach any given place. Going around the town is not an issue and every point is within walkable distance. This is why the real estate condition is good here. There are many first time buyers and tourists all across who want to possess a property here because of the several investment opportunities found in the town of Miami Lakes.
The price range of single family homes starts as low as $325,000 and goes up to about $2,000,000 with 157 homes in the Miami Lakes Real Estate market. There are currently 167 Condos and Townhouses for sale in Miami Lakes from $195,000 to the mid $400,000. Presently many more foreclosure properties are available so that people get the chance of buying them at a low price and later selling them off at a profit. The place is well connected to the Miami International Airport which makes it all the more interesting to many tourists and businesses. Real Estate prices have more than doubled in the past years are now stabling off in a recent buyer’s market. Miami Lakes real estate is now considered an excellent investment.
Hector Lesende
http://www.articlesbase.com/real-estate-articles/miami-lakes-real-estate-an-excellent-investment-205434.html