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Showing posts from July, 2016

How to Become a Real Estate Appraiser

Do you aspire to become a real estate appraiser, one day? Apart from making a livelihood out of a job in hand, you may like to open a window to real estate market. If not, you may be the kind of person who feels the crunch and wants to make quick bucks. Whatever may be the reason, it’s high time you educate yourself about how to become an appraiser. Before getting started… To become a real estate appraiser, you have to appear in state exams. Before that, make sure you are eligible to apply for the examination. State governments set forth a set of educational criteria that you should fit in. Watch out! Each state frames its own exam standards. Learn that the majors you earn at college may or may not suffice for obtaining an appraiser credential. But, in common, most of the states follow these two criteria: ·          if you need to specialize as a residential appraiser, you have to have done an associate’s degree; and ·  ...

Property Tax Reduction Tips

If you are a property-owner, you would have flummoxed with escalating property taxes. Being an average Joe, you would never like the way things turn to your disadvantage. Last year, you would have paid up reasonable tax dollars for your property. But this time, you find that your property tax is hitting through the roof. Is everything hunky-dory, or is it not, you may wonder. Your bit of concern is not senseless without a shadow of doubt. Many property owners would be sailing in the same boat for safe haven. Just pull yourself together and think over what can be done. If nothing pops up, read through the gist of this article to get an idea on property tax reduction. Have a glimpse Before making a head-start, have a clear picture on taxation. Property taxes are levied on eligible citizens whom the federal government assume to be the source of money for expenses in the upcoming year. The officials-in-charge channel all the pouring money to public development schemes for tra...

6 Reasons Investing in Commercial Property Real Estate

Whenever I watch tides in action ebbing up and flowing in seas and oceans, I can get a clear picture of markets trending up and down creating a fussy drama. No one in this market sphere is spared, even real estate investors, experiencing the effects of those restless tides. Unlike Stone Age men, we, now, moving along with civilized crowds, prefer staying in safer zones rather than roaming around in wilderness. Our growing fears have made us to go in search for homes, offices, outlets, etc. to stuff all our valuable things rather than leaving them in open. And, if at all, you like to invest in a commercial real estate property, you can’t afford to overlook a bump in the road, otherwise you have to bear the brunt of unexpected crashes. In investor’s point of view, one can say that he invests in a property expecting a good return. But what if everything runs out of hands. He may either get a lower return on investment (ROI) or hardly anything. And so, before sticking your necks out in...

3 COMMON REAL ESTATE INVESTING MISTAKES

From week to week, I struggle with what to blog about. I was talking with a friend and he told me, “Stop trying to write a text book and write what you know.” So here goes… I got budging in real estate in 2003. It has been a wild drive so far. I look back at where I was then to where I am now, and I am just amazed at the journey. Through all the up and downs, I have learned the most from my mistakes. If there was a fault to be made, I made it, probably more than once. This is my greatest hits of mistakes. The Top 3 Commercial Real Estate Investing Mistakes that I’ve ever made Mistake #1: Paying Too Much/Under-Estimating Rehabs Even to this fine day, I can’t give up this habit. Been a lot better, but I somehow believe that by absolute willpower, I can take turn a bad deal and to a good one. I have no ground to prove that I ever have done this, but for some reason I still jump on the marginal deals despite the facts staring me in the face. Solution: We start up with the assum...