Welcome to Real Estate Guide
Reno Real Estate Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Arizona Real Estate
from:Arizona is a popular destination get-a-way, especially for senior citizens making the purchase of Arizona real estate an investment opportunity waiting to be pursued. With the history, the numerous attractions and the great climate, investing in real estate in Arizona is an opportunity not to be passed up. Rather you invest in commercial buildings, an apartment complex or trailer park or single family dwellings there is sure to be something to help diversify your portfolio and meet your needs.
Finding a good real estate agent
The first step will be to find an Arizona real estate agent. Look for a local real estate agent where you are now if you do not live in the area you wish to invest in and ask them if they know anyone in that area. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to guide you. Once you have located a real estate agent take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help you purchase Arizona real estate is essential especially if you do not live in the town you are buying real estate in. You will need the agent you choose to be honest and trustworthy.
Learn these real estate investment strategies
Before you begin investing in Arizona real estate learn the various investment strategies that are commonly used. There are three investment strategies that are based on facts and generally have great results. The bargain purchase method is the first option. Investors who use the bargain purchase method when choosing a property pay twenty percent less than market value for the property. This allows them to make up to a twenty percent profit using this real estate investing strategy and is a great strategy to use when purchasing foreclosures. The second strategy is known as the increase value strategy. Using this strategy the building would be purchased at current market value. There must be some improvements that could be done within a six month time period that would increase the value of the building by twenty percent for this strategy to be successful. Finally, many real estate investors use the double digit cap rate. The double digit cap rate strategy is used for buildings that have a capitalization rate of ten percent or more. A capitalization rate is the net operating income from the property which is then divided by the purchase price. These are harder to find unless the market is depressed or you are looking into small market niches. Purchasing Arizona real estate is really not any different than purchasing real estate in your own hometown once you find the right real estate agent to work with.
Reno Real Estate News
Stay or go? Reno vs. Relocate explores difficult dilemma faced by homeowners
The dream of home ownership can go awry as time wears on
Read more...Reno vs Relocate: New TV Show Helps Homeowners Decide
MISSISSAUGA, ON-- - A dynamic new real estate show is about to air on HGTV Canada giving insight to one of the toughest questions home owners face -- move or renovate? Vanessa Roman of EXIT Realty Metro ...
Read more...Obama's 'Responsible' Reno Homeowners: Are They?
By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- As part of his "To Do List," President Barack Obama visited Val and Paul Keller on Friday. The White House described them as "responsible" homeowners who owe more on their mortgage than their Nevada home is currently worth. They owe $168,000 on their mortgage, but their Reno home is currently valued at $100,000. ...
Read more...Caesars Entertainment Executives to Speak At Deutsche Bank Real Estate, Gaming, Lodging and Leisure Conference
LAS VEGAS, May 21, 2012 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) executives Eric Hession and Jacqueline Beato are scheduled to participate in the Deutsche Bank Real Estate, Gaming, ...
Read more...Members Dig In to Preserve Struggling Golf Clubs
With golf courses closing because of failed real estate developments, a South Carolina club, which was purchased by residents, is an example of a new working model in the industry.
Read more...The 1 Percent Is Buying Up All the Real Estate: Beware of Tom Lee of JPM
Long time real estate pros in Southern California are seeing a phenomenon they have never seen before. The 1 percent is buying up all the low end SoCal real estate!
Read more...CNBC'S DIANA OLICK: OBAMA'S 'RESPONSIBLE' RENO HOMEOWNERS: ARE THEY?
ALL REFERENCES MUST BE SOURCED CNBC. Obama's 'Responsible' Reno Homeowners: Are They?
Read more...Commercial Real Estate Bouncing Back
Office buildings and strip malls are slowly filling up. Commercial real estate is traditionally a year and a half behind residential, but thanks to more local business owners and franchisees setting up shop, the vacancy rates are going down.
Read more...