Why Commercial Property Investors Usually Prefer Road Frontage

Commercial property investors, developers, and builders usually prefer to buy commercial properties with a major road frontage.

The reason is that a future buyer of the property, be they a business owner or investor, will often choose a property with major road frontage over a land locked parcel, or a parcel with little to no road frontage.

Commercial tenants also usually prefer properties with good road frontage, because visibility and profile can reduce the need for expenditure on other forms of advertising to promote the business.

Use this important fact when you assess commercial properties and the value that they hold.

Price Competitively In A Slowing Property Market

In recent years, sellers were able to set a price and wait for the bidding wars. However these days, a drop-off in buyer demand and rising numbers of homes for sale can make putting a house on the market more of a challenge for homeowners. This is especially so if the homeowner wants to benefit from the gains made in the boom times when a property may have appreciated dramatically in value. The selling homeowner just wants to retain their gains.

In a slowing property market, house hunters can now afford to be choosy. With a growing number of unsold properties on the market, buyers have a greater number of homes from which to choose. If a home is overpriced, a buyer will dismiss it and move on to the next one. Sellers often need to meet the market by lowering their price expectations.

Attracting a shrinking pool of buyers without losing too much financial ground can be tough. It is often best to price a home for sale just below what the market will stand. For example a $500,000 home might be priced at $495,000 to show potential buyers that the seller is serious about selling.

Unfortunately in a slowing property market, it sometimes takes sellers time to adjust to the reality that their $500,000 property is not worth more than the one that just sold down the road for $480,000.

We all like to think that the property we own is better than the one down the road, but buyers might not have the same opinion given such a wide choice of options.

In a slowing property market it is important to price competitively.

Home Buying Tip - Understand Who The Realtor Represents

Clearly understand the roles and duties of various parties involved in the real estate transaction. Especially understand who represents whom. Unless you have a buyer's agent, remember that the realtor works for the seller. Make a point of asking him or her to keep your discussions and information confidential.

These are some of the things you need to check. Remember to arrange a home inspection before you sign a written offer, or include an inspection clause in the offer. A correctly worded inspection clause can provide an 'out" on buying the house if serious problems are found. It can also specify that the seller must fix the problem(s) before you purchase the property. It may also give you the ability to renegotiate the purchase price if repairs are needed.

I strongly suggest you talk with your legal advisor before you buy or sign anything. It is important that you are aware of legal aspects, documents required and regulations etc for buying a property in your Country (or State).

Be Prepared For Calls From Realtors When Selling FSBO

Facing a barrage of calls from realtors wanting to list your property for sale is something you need to be prepared for when selling your house yourself (fsbo). The realtors are only doing their job so don’t get too annoyed or upset. Besides realtors are use to knock-backs and in most cases immune to abuse. Just be polite and tell the realtor that you are handling the sale yourself.
The realtor may even offer some helpful house selling tips and guidance.

Maine Apartment Owners Represents Local Rental Housing Industry

The Central Maine Apartment Owners Association (CMAOA), is a non-profit trade association representing the leaders of the rental housing industry in our community. There are local associations in Augusta, Bangor, Lewiston / Auburn, and Portland, all of which subscribe to the statewide organization: Maine Apartment Owners and Managers Association, Inc.

CMAOA is an advocate for an industry that has a significant role in central Maine, and which affects the lives of thousands of residents who live in rental housing.

CMAOA owner/management company members:

• Represent property with a market value of more than $25 million
• Pay property taxes exceeding $50 million
• Pay general liability and extended coverage insurance premiums of more than $20 million
• Employ an estimated 1,000 full and part-time employees
• Provide housing for more than 10,000 Central Maine residents

CMAOA members are rental housing owners, builders, developers, property management firms, companies and individuals.

Maine Apartment Owners Run Non-Profit Association

The Greater Bangor Apartment Owners and Managers Association, (GBAOMA), is a local non-profit organization subject to the membership at the state-wide level of Maine Apartment Owners and Managers Association, (MAOMA).

The Greater Bangor Apartment Owners and Managers Association was set up to promote communication and cooperation among owners and managers of investment rental property and to educate the public, public officials, legislators, and tenants to the important services being provided.

GBAOMA membership is open to any owner or manager of investment rental property in the Greater Bangor Area, (member) and to any individual or agency concerned in promoting the purpose of the Association, (associate member).

Landlords can join together and learn how to: protect the future of rental property, maximize collections, minimize evictions, operate more efficiently, reduce tenant problems and set-up rental policies.

Persevere When Buying Or Selling A House

Success in anything you do is largely dependent upon drive and perseverance. Buying or selling a house is no different.

As a home seller or home buyer you may at times feel you are just spinning your wheels and going nowhere.

Things don’t always go right and defeat may test you; but it doesn’t need to stop you. If at first you don't succeed, try another way.

Hang in there, because a staggering number of home sellers and home buyers give up just as they are on the brink of success. Remind yourself that tomorrow is another day... things really aren’t as bleak as they seem... and things really will look better in the morning.

Have the attitude that for every obstacle there is a solution. Nothing in the world can take the place of perseverance. The extra energy required to make another effort or try another approach is the secret of winning. The greatest mistake is giving up.

Kansas Landlord Association 2006 November And December Meetings

Meetings of the Shawnee County Landlords Association (SCLA) are always on the third Thursday of the month. The location is the American Legion, 37th and SE Michigan, Topeka, KS. The meetings always start at 7 PM.

November 16 , 2006 Shawnee County Landlords Association meeting at the American Legion. The meeting starts at 7 PM.

December 21, 2006 Shawnee County Landlords Association meeting at the American Legion. The meeting starts at 7 PM.

Don’t Worry Unnecessarily When Buying Or Selling A House

I know that is easier said than done.

There is a big difference between being prepared and worrying yourself sick over what might or might not happen when buying or selling a house. Worry, stress and nervous tension are big problems in this fast paced society in which we live. Most of the things we worry about will probably never happen. Many seemingly unsolvable problems often fix themselves given a little time.

Thinking and then taking action solves problems, but worrying often compounds and magnifies the problem. When buying or selling a house, break problems down into smaller components and deal with each part one at a time.

Buying a house can take time and can sometimes result in disappointment, unless you are prepared to pay an unrealistic price of what you really want.

And, if you are the seller, just keep in mind that selling your house is not going to happen instantly. Selling your house will take time and perseverance. Try and relax, stay focused on your game plan and do the right things necessary to make your home attractive to impress potential buyers. If you are well prepared then you will have more confidence and be more in control.

Home Buying Tip - Making The Offer

When buying a house your real estate agent will assist you in making an offer, which will include the following information:

• Complete legal description of the property
• Amount of earnest money
• Down payment and financing details
• Proposed move-in date
• Price you are offering
• Proposed closing date
• Length of time the offer is valid
• Details of the deal

Remember to always seek proper financial and legal advice before signing any legally binding contract.

Small Kansas Landlords Association With Definite Ideas

The Landlords of Lawrence, Inc. (LOL) serves the Douglas County Area in Kansas, USA.

The stated purpose of The Landlords of Lawrence is to provide a means by which Landlords shall associate themselves to combat urban decay, undesirable non-rent paying and destructive tenants. The Landlords of Lawrence promotes the welfare of Landlords through dissemination of current legislative actions affecting independent Landlords and to assist Landlords with their operations through educational programs.

Any individual who owns or manage property consisting of at least one residential unit in Douglas County, Kansas may apply for membership in The Landlords of Lawrence, Inc. Each applicant is required to:

• Have expressed a willingness to subscribe to the aims and purposes of this association.
• Shall be sponsored by at least two members of the association in good standing.
• Complete and turn in membership application with application fee.
• Managers must manage property of a member of this organization in good standing and will be a non-voting member.

Members of The Landlords of Lawrence share these benefits:

• Receive a monthly newsletter
• Will be a member of the State organization.
• Be kept up to date on all current information.
• Be kept up to date on all new City and State laws.
• Be represented at the City and State levels.

Buying, Selling Or Renting A Property Affected By Lead Based Paints

Many houses and apartments built before 1978 have paint that contains lead (called lead-based paint). Lead from paint, chips, and dust can pose serious health hazards if not taken care of properly.

Federal law requires that individuals receive certain information before renting, buying or renovating pre-1978 housing:

• Landlords have to disclose known information on lead-based paint hazards before leases take effect.
• Leases must include a disclosure form about lead-based paint.
  Sellers have to disclose known information on lead-based paint hazards before selling a house.
• Sales contracts must include a disclosure form about lead-based paint. Buyers have up to 10 days to check for lead hazards.

Home Buying Tip - Making The Offer To Buy

By the time you're ready to make an offer, you should have a good feel of what the property is worth and what you can afford.

How much you offer and the terms of your offer will take into consideration: the price that similar homes in the area have sold for, the condition of the property, how long the property has been on the market, financing terms, and the seller's situation.

What you offer is not necessarily what you'll pay for the property. It is usual for an offer to go back and forth between the buyer and the seller during negotiations on price and terms. So, be prepared to negotiate if you really want the property.

Beware Of This Old Real Estate Agent Trick

Real estate agents generally do a good job, but there are many little tricks, strategies and tactics that get used on unsuspecting home buyers and home sellers.

They are not necessarily illegal or unethical, they are often just methods that are proven to get a desired reaction (or decision) from a buyer or seller.

For example; some real estate agents have a trick of showing the dumpy run-down houses first, so that people will buy the first decent house they see. They keep the best 'til last.

So, both buyers and sellers need to think carefully before making binding decisions. They need to carefully interview and select a real estate agent and be vigilant.

Indiana Property Owners Share Common Goals

Michiana Income Property Owners Association (MIPOA) of Indiana, is an organization for real estate investors. Michiana Income Property Owners Association (MIPOA) purpose is to assist members in achieving their real estate investment goals by providing education, motivation, and the opportunity to meet with other folks with similar interests and experiences.

Michiana Income Property Owners Association provides programs and newsletters with information on various aspects of real estate investing. These help the members increase their knowledge through education. MIPOA also provide a newtwork that investors find very helpful in getting their questions answered and their problems solved.


MIPOA members come from all backgrounds and all walks of life. The common bond at MIPOA is an interest in real estate investing. MIPOA members vary in their investment experience from beginners looking for their first property to full time investors with hundreds of units.

Most MIPOA members are investing in residential real estate. The educational background of MIPOA members ranges from folks who have bought intensive training programs costing thousands of dollars to folks that have learned it all from a few books, their friends, or in the school of hard knocks.

MIPOA also hs members that come from various professions that make up, or serve the real estate industry, such as brokers, real estate agents, trades people, lenders, attorneys, and accountants.

Property Association Divided By Mississippi

The Illinois/Iowa based Quad Cities Rental Property Association, Inc. (QCRPA) describes itself as "the Voice of Professional Landlords within and around the Quad Cities, USA."

Quad Cities is comprised of four cities in Iowa and Illinois divided by the Mississippi River. They include Bettendorf and Davenport, Iowa and Rock Island and Moline, Illinois.

The Quad Cities Rental Property Association, Inc. represents investment property owners and managers living and working in the Quad Cities and surrounding areas.

Quad Cities Rental Property Association membership benefits include:

• Substantial advertising discount (25% or more depending on size and run length of ad) with The Moline Dispatch/R.I. Argus and Quad City Times
• A monthly newsletter with information important to landlords
• Membership Roster upon request
• State Lobbyist in Iowa to protect Landlord interests
• Access to Credit Reporting Agencies
• Sample documents to assist in the rental property business
• Optional online listing of tenants that have been "legally filed upon" for eviction (FED)
• Access to Member's Only area of the QCRPA website to post classifieds, download forms.
• A significant benefit of the QCRPA is considered to be the fellowship realized from networking with others in the rental property business.

All QCRPA meetings are held at The Lodge Hotel in Bettendorf, IA. Board meetings are held the first Tuesday at 7:00pm and are open to the members. General meetings are held the third Tuesday of each month with buffet dinner at 5:45pm, business meeting at 6:30pm, and a guest speaker at 7:00pm.

The informational part of our evening includes guest speakers informing us about topics of interest to those involved in the rental property business. Various topics include: suggested solutions to recurring problems, municipal and state issues related to the industry, and cost saving measures. In recent meetings we have presented panel discussions, city, state, and federal officials, bankers, lawyers, accountants, local experts, and national speakers. An informative presentation by a magistrate and step-by-step descriptions of the process involved in court house eviction has also been presented. The presentations generally last two hours and are designed to be interesting and informative.

Quad Cities Rental Property Association members have found the social period and dinner a valuable part of the monthly meeting, through the interchange of ideas and networking with other QCRPA members.

Illinois Investment Group Plans Christmas Party

The Metro East Landlords Association (MELA) is a real estate investment group in the Metro East St. Louis area of Illinois. It is a network of like-minded goal-oriented professionals from all aspects of the real estate community.

The Metro East Landlords Association provides continued education and wealth building for the beginning investor to the seasoned professional to include investors, landlords, agents, brokers, contractors and more.

Coming Events For The Metro East Landlords Association

Nov 6, 2006

What's It Really Worth...Appraisals Made Simple. Most new investors get into trouble because they paid too much for a property. Learn a few simple facts and learning the value of real estate becomes much easier.

December 4, 2006

MELA Christmas Party. Always one of the highlights of the year. Join fellow MELA members for a night of good times.

The Metro East Landlords Association meetings are held at the American Legion Hall in Collinsville, IL on the first Monday of each month. The September meeting is held on Tuesday after the first Monday due to the Labor Day Holiday. Registration begins at 6:30pm and the program starts promptly at 7:00pm.

Lake County Apartment Owners Association Soon To Celebrate 30 Years

Lake County Apartment Owners Association (LCAOA) is an organization of more than 250 Illinois property owners and investors, as well as those who are actively seeking to become investors. The purpose of Lake County Apartment Owners Association is to provide information, resources and education to help LCAOA members achieve their goals of owning real estate as an investment and managing their properties effectively.

Founded in 1977, LCAOA keeps members informed of legislative issues involving income property, provides access to rental forms and procedures, and arranges discounts for goods and services through partnerships with local vendors.

Lake County Apartment Owners Association is a member of the Illinois Rental Property Owners Association (IRPOA), and networks with other Illinois investor associations to improve our organization and positively influence legislation that affects our investors.

LCAOA meetings are held the 2nd Tuesday of each month at 6:30 pm (Registration 6:00 - 6:30) at the American Legion Gurnee Post #771, located one block east of Rt. 21 at Grand Avenue in Gurnee, Illinios.

Real Estate Maverick Frank McKinney Will Speak To Florida Landlord Action Group

Real Estate Maverick Frank McKinney to be Guest Speaker at the November 8th, 2006 meeting of F.L.A.G. (Florida Landlords Action Group – also known as Broward County Landlords Association, Inc.)

More on Real Estate Guru Frank McKinney:

A majority of the eligible U.S. population own a home and/or an investment property or wants to for one simple reason: Through good times and bad, REAL ESTATE has proven to be a sound and secure investment for those that apply what can be found in Frank McKinney's Maverick Approach To Real Success.

Strategies and insights that have fueled Mr. McKinney's stellar 20 year career of making markets where they hadn't existed before. Applications that enabled to go from a $50,000 Fixer-Upper to a $100+ Million Mansion while enriching the lives of others through his Caring House Project Foundation. You can get a personally autographed copy of his book at this event for only a $25.00 Donation. 100% of the proceeds from all books sold during this event go directly to this extraordinary charity.

Frank McKinney will speak at the November 8th meeting of Florida Landlords Action Group (also known as Broward County Landlords Association, Inc.)

More about the Broward County Landlords Association:

The purpose of the Broward County Landlords Association (BCLA) is to serve as a forum of education, cooperation and motivation, through an active network for Broward County Landlords, Property Managers and Maintenance Professionals to exchange ideas, information, personal experiences and resources for providing tenants with outstanding rental homes – while maximizing their business productivity and cash flow.

Small Florida Investors Association With No Joining Fees

Continuing with series we would like to provide some publicity for some of the smaller real estate investor groups around the USA, Canada and the world.

Readers can post details of upcoming real estate events on this blog. No commercial advertising.

Small Florida Real Estyate Investors Group

The Polk County Real Estate Investors Association (PCREIA) is a small group serving landlords and real estate investors in Lakeland, FL.

The Polk County Real Estate Investors Association meet EVERY Tuesday evening at 7pm in Ryan's Restaurant on Lakeland Hills Blvd. Lakeland, FL.

PCREIA has no fee to join.

Small Florida Investors Association With No Joining Fees

Continuing with series we would like to provide some publicity for some of the smaller real estate investor groups around the USA, Canada and the world.

Readers can post details of upcoming real estate events on this blog. No commercial advertising.

Small Florida Real Estyate Investors Group

The Polk County Real Estate Investors Association (PCREIA) is a small group serving landlords and real estate investors in Lakeland, FL.

The Polk County Real Estate Investors Association meet EVERY Tuesday evening at 7pm in Ryan's Restaurant on Lakeland Hills Blvd. Lakeland, FL.

PCREIA has no fee to join.

Suncoast Real Estate Investor's Association Educates Tampa Bay Members

Suncoast Real Estate Investors Association (SREIA) of Tampa Bay (Florida), is a non-profit educational and networking association run by non-paid, elected Officers and Board of Directors.

SREIA's objective is to assist experienced and beginning real estate investors in the Tampa Bay area to acquire practical knowledge of real estate investment concepts through education, discussion and networking. In addition, SREIA has over 65 "Business Vendors" that are eager to assist in acquisition, financing, rehabilitation, sales, rental management and/or financial planning needs.

Suncoast Real Estate Investors Association membership consists of people from all walks of life. Some are full-time investors, while other are part-time investors with a separate full-time job. Others still are beginning real estate investors, seeking the knowledge that will enable them to make their first real estate investment. One common bond among Suncoast Real Estate Investors Association members is a desire to grow in knowledge and experience, and a willingness to share with others.

Being a member of SREIA is all about education and learning from each other and the experts. SREIA is dedicated to bring in experienced national and local educational speakers in order to keep us informed on up-to-date real estate investing innovations, laws and techniques. In addition, SREIA is a forum for networking with "hands on" real estate investors that are willing to share their knowledge and experience.

Many SREIA's members are new to real estate investing, so to meet those needs, SREIA offers a diverse schedule of events tailored to the educational needs of a beginning investor. Also, experienced real estate investors are eager to offer advice and insight to further assist new members on the road to real estate success.

Business Vendor Membership is also encouraged. Being a Business Vendor of Suncoast Real Estate Investors Association is a cost-effective way for vendors to get their product or service in the main stream of active Real Estate Investors, Estate Builders and others in the Tampa Bay area.

Central Florida Realty Investors Hold New Member Orientations

Central Florida Realty Investors (CFRI) meet the first Wednesday of each month at the Plaza Theatre, 425 N. Bumby Avenue, Orlando. The doors open at 5:30 p.m. for networking and visiting with vendors and the regular meeting starts about 6:00 p.m. Appetizers are served during the networking session. During the meeting Central Florida Realty Investors (CFRI) have business member announcements where members can learn about other members services and products for succeeding in real estate investing.

CFRI members also have the opportunity to announce any properties they have for sale to other investors. Each month Central Florida Realty Investors have "Deal of the Month" where several members get up and tell about the best real estate deal they made - the winner receives a plaque. This is a good way to learn how real estate deals are structured and the different ways investors can make money in real estate. After a short break, the second half of the meeting consists of a special program, usually a guest speaker, either national or local, or some other special program. The meeting usually ends around 9:00 p.m.

Educational programs are available throughout the year. Consult the events calendar on the Central Florida Realty Investors website for a list of current offerings.

CFRI members can also participate in the monthly county subgroup meetings in Orange, Seminole, Volusia, Lake and Brevard.

Members can apply to attend one or more focus groups – these are small, intimate groups that meet on a monthly basis to explore a particular subject. The current focus groups include:

• Tax Deferred Real Estate Investments
• Advanced Investors (Meets weekly)
• Quick Start (Short-term group. Four sessions repeat quarterly)
• Quick-Turn Real Estate
• Marketing Techniques for Investors
• First Investments (Meets twice a month)
• Money 101
• Private MoneyCash Flow
• Small Business Issues for R.E. Investors
• Real Estate Investment Techniques in Four Corners
• Business/Tax Strategies of Investment Properties
• Technology for Real Estate Investors
• Heavy Hitters Commercial Investing (experienced investors only)

There are no special requirements for joining the Central Florida Realty Investors organization; just show up. Guests pay a $20 guest fee for each meeting they attend until they join. For those who join on the night of the General Meeting this $20 fee will be credited towards the membership fee. The dues for a general member are $100.00 per year plus $50 for each additional family member living at the same address (maximum of 3 people per membership).

Central Florida Realty Investors also have a business membership available for $275 annually, which allows the business to advertise with announcements, flyers, and other special privileges. Each membership receives a copy of the Central Florida Realty Investors (CFRI) monthly newsletter and access to the members only section of the CFRI website.

All new members are requested to attend one New Member Orientation Meeting, typically scheduled on the night following the monthly meeting.

From Frustration To Effective Action For Small Property Owners of San Francisco Institute

In 1999, eight very frustrated owners of small properties in San Francisco met to discuss the increasingly harsh regulations that were squeezing them out of the rental business. The impetus for their meeting was an ordinance that would have allowed tenants to pass their apartment on to new tenants without landlord approval.

The implications were clear: small landlords, most of whom lived in their buildings, would have no say in who would live literally on top of them.

These eight founding members soon found they had tapped into a wellspring of equally concerned and frustrated small property owners. For many years, many had lived harmoniously with long-term tenants in buildings that give the city its special character: Graceful Victorians, handsome Edwardians and 1950s bungalows, brown-shingled faux Maybecks and stucco Mediterraneans.

Prop I: A watershed event for small property owners

In 1994, Proposition I passed, placing 2-4 unit, owner-occupied buildings -- formerly exempt -- under rent control. Overnight, small property owners, from seniors on fixed incomes to young couples just starting out, were lumped together with the big boys, many of whom had cadres of experienced property managers and lawyers on call to decipher all 60+ pages of the Rent Ordinance. While some of the ordinances were challenged in court, others cropped up in their place. In this new climate of acrimony and often inexplicable legislation, some small property owners simply gave up and took their properties off the market. (It's estimated that 10,000 - 25,000 units have been taken off the rental market.) Others decided to stand up and fight.

Years and 2,500 members later...

Today, SPOSFI members number more than 2,500, and SPOSFI is heard in City Hall, in Sacramento, in the news media and anywhere the rights and interests of San Francisco small property owners are challenged. Here's just a small sampling of what SPOSFI has accomplished thus far:

Created San Francisco's first grass roots organization devoted solely to the concerns of small property owners. Changed the law for tenancies-in-common (TICs), enabling renters to join together and buy their own building. Initiated a class action suit by small property owners forced to pay 5% on security deposits to tenants at a time when money market accounts were paying less than 2%. SPOSFI went to City Hall to speak out against proposed amendments to the Rent Ordinance that would force landlords to pay $2,000 per tenant (including babies) for relocation or eviction, and allow tenants to sue the current owner for action of a former owner.

Small Property Owners of San Francisco Institute (SPOSFI) is a diverse, grass-roots organization promoting fairness for small property owners and sensible housing policy for San Francisco. Small Property Owners of San Francisco Institute members come from all neighborhoods and from all walks of life, religions and ethnicities, and are united in the common goal of restoring and protecting the rights of small property owners in San Francisco. Small Property Owners of San Francisco Institute members navigate the treacherous waters of the SF Rent Ordinance and educate the public about regulations that are strangling small property owners. SPOSFI work together to affect legislation, endorse and campaign for candidates sympathetic to the SPOSFI cause, and strive to increase home ownership opportunities for all San Franciscans.

The SPOSF Institute mounts legal challenges to issues that threaten property rights; through SPOSFI educational programs, they reach out to members and the community at large; through a Resource Guide, SPOSFI offer a list of service providers used by members.
SPOSFI recognize that it's tough being a small property owner in San Francisco, and that San Francisco has more obstacles to ownership and profitability than most other cities. SPOSFI recognize that properties are security, and that in order to be successful in SPOSFI goals members must work together.

It is the mission of the non-profit SPOSF INSTITUTE to provide owners of small rental properties in San Francisco with the tools and information necessary to conduct business successfully in this difficult climate. Through the SPOSFI educational programs, publications, and workshops SPOSFI seek to help members better understand their rights and obligations, how to work constructively with city and state officials, and how to deal effectively with their tenants.

Through legal advocacy, SPOSFI seek to protect the rights of small property owners against unfair and burdensome regulations. Recent court decisions and the defeat of rent control measures in a number of US cities give SPOSFI good reason to be hopeful.

Because the SPOSF INSTITUTE is a reasonably new organization, SPOSFI are just beginning to put programs in place including

• Help minimize excess property control
• SPOSF News monthly newsletter
• Access to the Member Area
• Monthly meeting with interesting speakers and news
• Meet elected officials and candidates
• The SPOSFI lease
• Additional property management forms
• Seminars and special events
• Tax deductible contributions
• Provider Resources lists (attorneys, contractors, etc.)

Southeastern Connecticut Served By Property Owners Association

The Norwich Property Owners Association (N.P.O.A.) serves property owners in Southeastern Connecticut.

The Norwich Property Owners Association is a coalition of responsible Norwich Property Owners who have united to create fair and effective housing laws and promote safe, clean, affordable housing. The N.P.O.A. believes that this will in turn benefit the City of Norwich, Property Owners and their Tenants.

NPOA distributes information intended to educate and inform property owners about evictions, lead issues, laws and legislation, municipal policies, leases, rental paperwork, loans, grants and tax issues.

NPOA creates a forum for Property Owners to network with each other. This encourages an honest communication and exchange of ideas and information between responsible property owners helping to ensure more efficient and profitable property management.

NPOA's growing membership gives this association a voice with businesses, contractors, the City of Norwich and the Connecticut State Legislature.

Greater Bristol Property Owners Association Claims To Be Largest

7 October 2006.

The Greater Bristol Property Owners Association GBPOA isn't just in Bristol. Information from the GBPOA web site indicates the following:

In Connecticut, well known in Hartford County, Greater Bristol Property Owners Association is the largest property owners group under one roof serving more Landlords and single property owners with the everyday local and state information and help on laws, building, zoning, health codes, blight ordinances, evictions.

The Greater Bristol Property Owners Association has hundreds of members so there are more contacts with marshals, tenant check and collection agencies, Legislators, Chambers of Commerce, attorneys, etc., as well as other Landlords throughout the state with varying levels of experience. Greater Bristol Property Owners Association has experienced landlords (30+ years) to share insights, information, forms, leases, help with questions, solutions, screening applicants, research etc.

Rather than concentrate solely on legislation (although equalizing laws on mutually respected common ground with GBPOA Legislators is important and GBPOA encourage all Landlords to be involved. Greater Bristol Property Owners Association main concern is the educational, financial, and legal health of member Landlords.

Greater Bristol Property Owners Association has monthly newsletters, meetings with interesting speakers (attendance not required), packets full of information on lead disclosure requirements and forms such as applications, leases, pet agreements and Connecticut eviction information. Dues are $60.00 per year (Nov. to Nov.) and are tax deductible.

Connecticut Property Owners Fight Bureaucracy

A quick look at the Connecticut Property Owners Association (CPOA) web site reveals ongoing frustration with increasing bureacracy affecting property owners and investors. The CPOA web site explains how they believe that landlords and investment property owners are getting hit from all sides with increased state taxes, unfavorable legislation and worse, more LOCAL regulation as we've seen attempted in Winsted, New Britain and now New Haven.

CPOA say that "landlording is one of the heaviest regulated businesses in Connecticut."

For over 30 years, the CT Property Owner's Association (CPOA) and its members have monitored the State Capitol for unpopular and unfavorable legislative actions, and mounted lobbying efforts against them when possible. Connecticut Property Owners Association has also forged alliances with similar interest groups to help fight unpopular legislative attempts on a broader scale. Some of these alliances have proved invaluable and the Connecticut Property Owners Association is proud of their partners such as the CT Realtors and the CT Homebuilders.

Connecticut Property Owners Association has been proactive and lobbied for beneficial legislation as well, joining the Coalition for the Adoption of a Unified Code (CAUC), an attempt to support the Legislature and Department of Public Safety in its efforts to adopt a coordinated Building and Fire Safety Code statewide. They claim it is to prevent the further haphazard adoption of specific/individual code regulations by the Legislature.

Over the last couple of years, the Connecticut Property Owners Association has attempted to forge agreements and understanding with some aggressive tenants' rights groups in order to educate them on on the CPOA's perspectives as owners - and try to find common ground vs. waging additional battles.

On the education front, Connecticut Property Owners Association has participated in many regional real estate group events, Legislative dinners, and hosted numerous speakers so that landlords can educate themselves on the latest legal issues potentially affecting CPOA or engage in meaningful debate with real estate professionals and local and statewide politicians and officials. CPOA is also involved with the nuts and bolts of owning investment property such do-it-yourself evictions, where to find better financing, making smarter insurance claims, the latest hidden tax deductions, or the latest plumbing shortcuts.

Colorado Couple Spotted Need For Real Estate Investors Club

The Western Slope Real Estate Investors (WSREI) founders Mandy and David Vindiola started investing in real estate in the Grand Junction area of Colorado in 2000.

Like many new investors, Mandy and David felt nervous and scared to make that first step. Many of the books they read and seminars they attended suggested that they needed to get involved with a local real estate investment group to network with others, share resources and learn. Unfortunately the closest real estate investment group was in the Denver area and the couple couldn’t always get to mid-week meetings and seminars. As the years past, Mandy and David waited and hoped that someone would start a real estate investment group.

Then in 2004 while working on their final project for their Masters of Business Administration degrees Mandy and David decided that they should start their own group. Two years in the making, Mandy and David launched Western Slope Real Estate Investors of Colorado in the spring of 2006.

Avid outdoor enthusiasts, Mandy and David enjoy all types of activities and compete in races and triathlons. The couple enjoy pushing themselves both physically and in their business. Mandy and David spend a lot of time outside their comfort zone and enjoy learning from others. Mandy and David have seen the benefit of networking, education and collaboration in their real estate investment business and invite new members to share in their vision.

Meetings of the Western Slope Real Estate Investors (WSREI) club are held the second Wednesday of each month at 6:30p.m. at The Bray Education Center, located at 7th and Belford Ave. near downtown Grand Junction.

Coming events include:

November 8, 2006 - How to Use the Equity in Your Home to Build Your Assets. Learn how to think differently about equity and diversification. Sponsored by Jo Ann Winkelhake from College Aid Specialists.

There will be no December meeting as Co-founders Mandy and David will be on the 2006, 17th Annual Landlord Getaway Cruise with Holland America.

January 10, 2007 - More Creative Financing Strategies. Purchasing homes for investment with little or no money out of your pocket and strategies for having money to fix up a property. Sponsored by Creative Home Sources.

Is Now A Good Time To Buy Real Estate?

It is a question that gets asked in good times and in bad times and, unless you have a crystal ball, the answer is always subject several factors and to personal opinion.

So, if you are a first time home buyer and you keep hearing that the house prices are starting to fall, will the house prices keep falling and do you buy now or wait?

Well, if you do buy now and the prices keep falling, the value of your property will depreciate rather than appreciate therefore you won't be building any equity.

The key therefore is to research the market and watch the trends. Prices may fall or rise depending on a number of factors including: the local economy, the national economy, demand factors, money supply, employment rates, building activity and list goes on.

It is usually a good idea to look at several houses before making a decision to buy. Calculate price comparisons with recent house prices in the area over the last 3 months. Check out new constructions too, the builders may be eager to sell for a bargain price.

Judge each property and area individually. Strike the best deal you can. If you are planning to stay in the home 5 years or more, short term price adjustments or drops may not be of major concern to you.

Remember, it's the location you are buying. If you buy a poor house in a bad location you will unlikely to see any major gain in value. If you buy a mediocre house in a great location you could potentially do well. If you buy a fixer upper in a great neighborhood and put some sweat equity into it, you could again see a lot of appreciation in the value of the property.

Remember too, if the local property market is on the decline, a percentage of the people who have homes for sale will be desperate to sell. If the owner is not willing to bargain or wants what the neighbor sold for last year (despite a downturn), you could consider looking for a better deal elsewhere.

If you do find the house of your dreams, and if it is good value for money, then you might be best to purchase it rather than chase after a bargain that doesn't meet your needs.

2006 San Francisco Apartment Association Trade Show Planned For November 13

On November 13, 2006, San Francisco Apartment Association (SFAA) is offering free property management courses for all of its members. Afterward, attendees are invited to the San Francisco Apartment Association (SFAA) annual trade show, Apartments Ahoy, a boutique trade show covering all facets of the multifamily housing industry.

Professionals who provide San Francisco’s rental housing industry with top products and services will be on hand and happy to speak with members.

California Rental Housing Conference Planned For 2007

The Northern California Rental Housing Conference and Expo is planned to be held April 10 & 11th, 2007.

The California Apartment Association (CAA) is committed to providing pertinent educational and networking opportunities at the Northern CA Rental Housing Conference & Expo and is calling for interested parties to participate.

The California Apartment Association (CAA) welcomes proposals for presentations on possible topics including:

• Business Best Practices
• Internet Marketing
• Branding
• Property Maintenance
• Technology
• Property Ownership & Management: What You Need to Know
• Management Success
• Employee Satisfaction & Retention
• The Renter’s New Face Resident Services
• Finance Tools for Success
• Interior Design & Style

Deadline for submissions is Friday, November 17, 2006. Contact the California Apartment Association (CAA).

Arkansas Landlords Association Discusses Code Compliance, Tenant Screening, Evictions and Rent Collection

The North Little Rock Landlord Association in Arkansas was formed in 1998, providing landlords with an opportunity to meet others who share the same interest and problems associated in managing property. The purpose of the association is to give members a voice in local government.

The North Little Rock Landlord Association offers suggestions, encouragement and ideas to educate members and associates through planned programs.The association addresses issues that landlords are currently dealing with such as: Code Compliance, Tenant Screening, Evictions and Rent Collection.The knowledge gained gives a clear understanding for members, of their situations, to enhance the profit and position of property management.

Twice a year the North Little Rock Landlord Association provides hands-on workshops to assist with knowledge in various areas of property maintenance.

Meetings are the third (3rd) Monday of each month. Doors open at 6:30pm, meeting start's at 7pm. Location: North Little Rock Community Center, 2700 Willow, North Little Rock, Arkansas (across from the Hayes Center).

Real Estate Club Alive And Kicking In Arizona

Membership in the Phoenix Real Estate Club provides Arizona real estate investors with access to information, education, and networking opportunities that can be essential to success in real estate investing. The club caters for part-time investors, full-time investors be they beginners or have years of experience in real estate investing.

The Phoenix Real Estate Club holds monthly meetings the third Tuesday of the month at the Crowne Plaza Hotel 2532 W. Peoria Avenue, Phoenix (I-17 & Peoria). The meetings start with a structured networking session from 6:00pm to 7:00pm followed by the general session featuring a special topic or guest speaker. The meetings end at 9:00pm.

The monthly meetings are included in the annual membership fee. This meetings provide outstanding networking opportunities, access to business sponsors, and guest speakers who are experts in the field of real estate investing.

Club members get access to all education offerings through the Phoenix Real Estate Clubs sister organization, AZREIA. There are special interest groups for different areas of investing, as well as a free lending library. Members can list properties for sale on the web as well as e-mailed to all members.

The Phoenix Real Estate Club offers a structured networking session at each monthly meeting. This is the time and place to meet and network with other investors and vendors. Through networking, members can build a team, create business relationships, and find investment opportunities.

Affixed to each members name badge is a colored label identifying a specific interest area or speciality. This makes it easier to "find" the right people - and let people find individual members.

Arizona Association A Network Of Landlords And Real Estate Investors

The South East Valley Real Estate Investors Group was established to serve real estate investors in South East Phoenix, AZ metropolitan area including Phoenix, Tempe, Chandler, Gilbert, Mesa, and Scottsdale.

The purpose of our association is to network between landlords, and real estate investors in the area. Discussions focus on topics such as lease clauses, lease option agreements, foreclosure sales, eviction proceedings, specific investment opportunities, commercial opportunities, and other topics as requested by the group participants. The groups mission is to collectively assist and grow in knowledge relating to the acquisition and management of rental investment properties in the Phoenix area.

The South East Valley Real Estate Investors Group offers these benefits:

• First hand knowledge of rental homes available for sale.
• Education on creative financing techniques.
• Collective member knowledge and advise.
• Rental property purchase assistance.
• Specific Real Estate investment consultation.
• Sharing of third party media and knowledge.

The membership is open and there are no fees. Anyone interested in getting involved in rental properties are invited to learn. Experienced landlords and investors are encouraged to share their experience and network.

Meetings are typically held 6-8pm every other Thursday at Coffee Cabana on the SE corner of Alma School and Baseline roads in Mesa.

On occasion guest speakers such as Investment lenders or foreclosure attorneys are invited to present their programs to South East Valley Real Estate Investors Group members.

Home Buying Tip - What About Homeowner's Insurance?

A paid homeowner's insurance policy (or a paid receipt for one) is required at closing, so arrangements will have to be made prior to that day. Involving the insurance agent early in the home buying process can be helpful and save you money.

If the present owner has a title insurance policy less than 3 years old, you could have substantial savings by buying a reissue of that policy rather than a completely new one. Find out if you qualify.

Arkansas Landlords Meet For Pizza

The next meeting of the Hot Springs Landlord Association will be October 5, 2006 at Rod's Pizza on Central Ave from noon to one followed by a Board of Directors meeting.

The Hot Springs Landlord Association in Arkansas has grown from just a few concerned landlords around a small table to a group consisting of over two hundred landlords and property managers in the Garland county area.

The Landlord Association exists to educate landlords and tenants to be responsible and successful business associates, to maintain and improve living conditions and property values in the city of Hot Springs and Garland County, and to encourage and help implement cooperation between tenants, landlords and government agencies.

The Hot Springs Landlord Association meets the third Thursday of each month at 6:30 PM, at Gregg's Rise and Dine Cafe, 1739 Airport Rd. There is also a informal lunch the 1st Thursday of each month at Rod's Pizza, on Central Ave. at 12 noon.

Home Buying Tip - Tax Obligations

Check on the property tax liability. The listing information will usually include the total amount of the previous year's property taxes. Alternatively, you could ask the seller for a tax receipt or contact the local assessor's office. Tax rates can change from year to year, so these figures may be approximate and may vary from State to State or Country to Country. Always seek professional financial and legal advice when buying a property.

Mortgage interest and real estate taxes are usually deductible. A qualified real estate professional can give you more details on other tax benefits and liabilities that may alter depending on the Country (or State) where you reside.

Canadian Investor Group Members Own 3997 Properties

Alberta's Real Estate Investment Network (REIN) has been meeting and prospering for 9 years in Canada. At the latest count the Alberta's Real Estate Investment Network (REIN) members owned a total of 3,997 properties with a value of $350,446,000.

The focus of the group is to ensure that members become knowledgeable and confident investors following proven real estate investing systems for the Canadian Marketplace.

The Alberta's Real Estate Investment Network (REIN) was established to assist veteran and rookie investors maximize their results in Western Canadian real estate market. The group believes in applying proven real estate strategies. Tips and statistics for profitable real estate investing are revealed in an easy format that leads to success.

On its website the Alberta's Real Estate Investment Network (REIN) claims to only reveal strategies that are proven in the Canadian marketplace. This includes real estate investment strategies and tips for Alberta, BC, and the rest of Canada.

The investor group is constantly doing extensive research on where to buy in Alberta. The group likes to stay ahead of the markets and the press. Alberta's Real Estate Investment Network members have access to exclusive "insider information" long before the public, press or other investors even know it exists. This includes being the first to know the names of the latest top 10 towns to invest in.

Alberta's Real Estate Investment Network has exclusive banking opportunities. In a recent group purchase, one bank offered members a % rate discount and free appraisals. By working with the bankers members are introduced to opportunity to save thousands of dollars in interest and closing costs.

The group boasts an exclusive REIN Resource Team. REIN Members have access to a hand-picked group of real estate oriented professionals. These experts teach how to position a portfolio to maximize investor profits and minimize taxes. Members can also have legal and accounting questions answered clearly via e-mail.

Every month, these workshops hosted by Real Estate Expert Don R. Campbell feature some of North America's top real estate experts. Alberta's Real Estate Investment Network members meet face-to-face and hear from experts like Ozzie Jurock, Alan Jacques, David Baxter, Tony Morehen, CMHC, Bev Truman, Ron LeGrand, Tim Johnson, Jeffrey Taylor ("Mr Landlord") and many others.

Alberta's Real Estate Investment Network members can participate in a minimum of 12 Monthly Workshops each year either live in Edmonton and Calgary or via audio-cassette for those not able to travel to the Workshops.

Washington REAPS Rewards For Real Estate Investors

REAPS stands for Real Estate Association of Puget Sound and is a not-for-profit Professional Real Estate Investor’s Association in Washington State.

The Real Estate Association of Puget Sound (REAPS) provides professional educational and networking resources for real estate investors, those who want to be investors and anyone who provides valuable goods or services to members.

REAPS is a volunteer-run organization that has been around since 1983. REAPS is firmly committed to promoting a sound understanding of ethical real estate investing principles and to help further develop members’ investing abilities.

Their goal is to motivate and support members and guests through education, discussion and networking with others who are actively pursuing real estate investment.

REAPS presents one or more well-informed speakers monthly at the University of Washington and several local meetings throughout the Puget Sound.

REAPS affiliation with the National REIA (the National Association of Real Estate Investment Associations) allows the group to provide unbiased information from a diverse range of nationally-renowned experts that have been well-received through the country.

REAPS has a long history with the local Puget Sound real estate market and has a diverse range of local experts speak at REAPS on a regular basis.

Subjects we have covered at the monthly Real Estate Association of Puget Sound meetings cover all aspects of real estate including:

• Foreclosures
• Paper/notes
• Rehabbing / Fixers
• Lease Options
• Property tax appeal processes
• 203k loan programs
• Property Management
• Evictions
• Estate planning
• VA/HUD
• Government auctions
• Real estate inspection
• Property assessment
• Appraisals
• 1031 tax deferred exchanges
• Financing your deals

REAPS is also the local adminstrator of the Professional Housing Provider program - a program designed to identify and promote the professionalism and integrity of the industry.

Virginia Real Estate Investors Invites New Members

Richmond Real Estate Investors Networking Group (RING) in Virginia has an annual membership fee of $60, but newcomers can attend one meeting at no charge before deciding to become a member.

RING Membership benefits include the following:

• Invitations to view presentations for investors by guest speakers such as attorneys, mortgage brokers/lenders, tax accountants, appraisers, inspectors, and more.
• Access to a network of other real estate investors who will help with specific investing needs.
• Access to a library of investment books and other resources.
• Use of a growing number of electronic resources.
• Knowledge, experience, suggestions, tips, advice, and fun!

Salt Lake Real Estate Investors Share Ideas

The Salt Lake Real Estate Investors Association (S.L.R.E.I.A ) has a mix of members who have found financial freedom and success and are willing to share their real estate investing secrets.

S.L.R.E.I.A is owned and run by its members, officers are elected and serve at the discretion and sole pleasure of the membership. The main meeting place of the Salt Lake Real Estate Investors Association is in Salt Lake but members come from Cache Valley south through Utah County and beyone.

Investing in real estate is one of the best ways to financial freedom in our times. The real estate trend has become so popular since the downturn of the financial markets that thousands have decided to try their luck in the market.

The big questions are “who can you trust?” And “is it really possible for me?”

The SLREIA shows members how to profit in changing markets. Up, down, or flat the potential for profit is enormous and SLREIA members learn how to make the most of these trends.

Special training is available from local and national experts in Beginning Investment, Short Sales, Lease Options, Sub To, Land lording and a variety of other topics at special seminars throughout the year.

Monthly meetings are held the 1st Thursday of the month 6:30 PM at 448 E Winchester (6400S) in Murray.

Home Buying Tip - How Long Has The Home Been For Sale?

When looking to buy real estate, consider how long the property has been on the market, especially when compared to similar properties that are on the market (or have recently sold).

Check on the original listing date of the homes you inspect as it may give you an idea of how motivated (or desperate) the owner is to sell.

Sellers tend to be more flexible in the price the longer the home is on the market.

Home Buying Tip - Don't Reveal Your Upper Price Limits

When buying real estate always play your cards close to your chest. Be careful what you say to the seller, or the sellers broker. Don't reveal your upper price limits. Never tell a sellers broker how much you'll raise your offer to for a particular property. After-all, you don't want to end up paying more than you have to just because of a careless slip of the tongue.

Attorney To Speak At Texas Investors Meeting In November

On November 21, 2006 Wayne Burgess CPA/Attorney will be speaking at a meeting of the San Antonio Real Estate Investors' Association. CPA/Attorney Wayne Burgess will discuss entities, tax laws and helpful tips on saving money with tax returns, protecting the investor with insurance and explaining general terminology.

The San Antonio Real Estate Investors' Association was established to provide a forum for the sharing of ideas with a common goal of increasing real estate knowledge and improving ethical investment techniques.

This includes sharing practical hands-on knowledge, and making it available to the real estate investors through networking with experienced investors to reduce errors and shorten the time required to become a successful investor. Other objectives of the San Antonio Real Estate Investors' Associationare is to offer guidance, direction and problem solving to all investors from novice to the experienced.

The San Antonio Real Estate Investors' Association strives to provide quality speakers at general meetings to further the member's awareness and knowledge of the investment community, and to continually grow and review the Association's goals.

Home Buying Tip - Take Photos Of Houses

If you are on the hunt for a house to buy then consider this simple home buying tip.

Take indoor and outdoor photographs of each house you inspect. A checklist is a good tool too. Take photos and make notes because it can get confusing when looking at several properties. And don't hesitate to return to each house for a second look.

Pennsylvania Real Estate Investors Monthly Meetings

For more than two decades, DIVERSIFIED REAL ESTATE INVESTOR GROUP (DIG) has been the largest non-profit real estate investor group in the Philadelphia area. It is directed by non-paid annually elected officers and Board of Directors whose main purpose is to direct DIG's activities.

Diversified Real Estate Investors Group (DIG) meetings are held the last Thursday of every month at the LuLu Shriners, Plymouth Meeting, 5140 Butler Pike. The meetings begin at 6:30 PM with informal round group discussions. Topics are changed monthly and feature a moderator who specializes in the topic and will answer questions. During the open forum from 7:15-8:00 PM, members have a chance to share an idea, promote a business, or ask any question. From 8:00 to 9:30 PM a guest speaker is featured.

New Jersey Investors Club Has Social Side

New Jersey Garden State Real Estate Investor Association (GSREIA) members not only meet to discuss real estate investing issues, but also enjoy the social side together.

GSREIA also hosts special engagements such as the Yearly Winter Skiing Retreat, and Semi-Annual Rehab Bus Tour, the National REIA Annual Cruise, and the Yearly Christmas Celebration.

The next event for GSREIA members is the Rehab Bus Tour in October 2006. During the trip GSREIA members will visit 3 to 4 homes in various stages of rehab. They will learn to estimate repairs and financially analyze properties to help gain financial independence through your rehab profits.

Each month GSREIA features a number of local and national guest speakers hosting seminars that include Short Sales, Note Buying, Foreclosures, Accounting for Investors, Property Management and more.

GSREIA hosts national and local speakers during monthly general meetings, weekly LIVE Conference Calls and during special All Day Workshops.

GSREIA and New Members

New Member Orientation is an event that the GSREIA Board and volunteers offer to help new members get started. It is a full day event. Prospective new members will learn about the benefits offered by the association and how to best use it for real estate investment. During the orientation, the Board, volunteers and experienced members present various aspects of real estate investment, including lease options, rehabbing, financing, asset protection, estate planning and more. This is to give new members a brief overview of what is available. Each attendee is provided a new member binder, which includes information and forms.

Garden State Real Estate Investor Association (GSREIA) Meetings

GSREIA General Meetings are the 4th Wednesday of every month and the Tuesday preceding the 4th Wednesday. The Early Session begins at 6pm. General Meetings are held at the Sheraton Hotel in Iselin, NJ on Tuesday and at the Sheraton Hotel in Newark, NJ on Wednesday. Sub-Groups are held at the GSREIA Headquarters in Maplewood, NJ.

GSREIA currently offers 10 sub-groups or focus groups that meet to discuss specific topics on a regular basis:

Accounting For Real Estate
Discuss accounting as it relates to real estate.

Advanced Investors Session
Discuss trusts, foreclosures, lease options, and mortgages.

Beginners Brunch
Beginners ask questions and share information.

The Cash Flow Game
Members play Robert Kiyosaki’s Cash Flow game.

Creative Acquisitions
Members discuss investing using other people’s money.

For Sale By Owner Call Session
Members call homeowners from their local newspaper.

Full Timers Session
Full Timers & beginners welcome.

Investors As Realtors
Members discuss investing as Realtors.

Marketing
Exploring the topic of marketing.

Property Management
Discuss techniques and issues involving property management.

Rehabbers/Wholesalers Round Table
Members discuss rehabbing & wholesaling properties.

Ohio Is Home To Toledo Real Estate Investors Association (Toledo REIA)

The Real Estate Investors Association (REIA) of Toledo is dedicated to promoting the welfare and education of real estate investors. REIA helps it's members learn to build wealth through real estate investing while at the same time educating them on how to be good landlords.

Here is some helpful information from the Toedo REIA website:

Whether you are just starting out in real estate investing or are working on your hundredth deal, Toledo REIA can help you learn more, make more, and have more fun doing it.

• You have found the right place to learn how to make money in Real Estate
• Learn how to become financially independent through Real Estate
• Find the secrets of those that have successfully made their fortunes via Real Estate Investing Learn how to maximize your profits in the affordable housing rental market
• Discover how to protect your wealth once you attain it!
• Explore the many possibilities that Real Estate Investing offers when it comes to tax strategies that will make you wealthy.
• OPM - Learn how to use Other Peoples Money to accumulate a fortune over time.
• Avoid the many pitfalls that typical landlords fall into when they don’t have the knowledge to profit from opportunities disguised as problems

REIA on the Radio

Listen to the live radio show: Sunday mornings 10:00-11:00 am "DIY-Do It Yourself Real Estate Radio" 1370 AM radio. Call 419-240-1370. Hosted by Dan Cunningham, Anna Mills, and Akrum Youssef (Real Estate Lending Solutions)

New York Investors To Hear Larry Goins Speak

The Real Estate Investors of Central New York (REICNY) is a non-profit educational association organized to provide an exchange of information in the area of effective real estate investment.

On Wednesday, October 11, 2006 the Real Estate Investors of Central New York will host Larry Goins. Larry buys and wholesales 10-15 houses per month and is past president of Metrolina Real Estate Investors Association in Charlotte, NC. Larry Goins is also creator of the real estate investing program "Creating Your Own Ultimate Buying and Selling Machine."

The October presentation is titled "Taking Real Estate Investing to the Highest Level" and will expand on the Michael Gerber concepts of putting together a system that produces the results.

Larry Goins is a licensed Mortgage Lender, Mortgage Broker, Real Estate Broker and a General Contractor. He has a system to produce the sellers of property, the techniques of negotiation and the easy calculation of his offering prices.

The Real Estate Investors of Central New York October 11 program is Dinner: 6:00 p.m., Meeting 7:00 p.m., Speaker 7:30 p.m.

Kentucky Property Investors Share Ideas

The Kentuckiana Real Estate Investors Association (KREIA) is a networking forum to help real estate investors create wealth. The organization attends to all aspects of the real estate investing process from the basic to the complex. Like other property investor associations, the goal of the Kentuckiana Real Estate Investors Association is to establish a forum whereby a real estate investor can get the information needed to make informed decisions which will enhance the investors' wealth.

The Kentuckiana Real Estate Investors Association Provides:

• A forum for meeting with other investors
• Idea exchange
• Investment Enthusiasm
• Knowledge of market and investment techniques

For the real estate beginner the Kentuckiana Real Estate Investors Association provides a forum for meeting with other investors, exchanging ideas, keeping up your enthusiasm about investing, and adding to your knowledge of the market and investment techniques, all designed to help acquire a property and financial status.

For the intermediate investor the association provides the support necessary to continue increasing your knowledge and skills, keep abreast of new developments, and get the motivation necessary to keep on the investment track.

For the experienced investor the association has educational programs to update on changes in the investing arena. The experienced property investor will make contacts with others and exchange ideas with peers and help the beginners.

What Is REIA And What Has It To Do With Property Investing?

REIA stands for Real Estate Investors Association and there are several available for property investors to join.

Joining a REIA has several benefits including:

1. Learn the ins and outs of your local market from experienced investors.

2. Keep abreast of changes in market trends in your area.

3. Learn about current and proposed legislation that will affect you as a real estate investor.

4. Meet with professionals who are potential members of your "power team."

5. Meet and network with other investors - pick each other's brains!

6. Learn of good deals coming on the market before they're made available to the general public.

7. Attend sponsored seminars which often include national speakers and other updates.

8. Finally, keep you motivated! It's tough doing this all alone.

If you live in Illinois then you might want to join your local REIA.

The Central Illinois Real Estate Investors Association is a non-profit organization committed to providing members with a balance of education, motivation, and networking for all real estate professionals - prospective, new, and experienced, in and around the Central Illinois area.

Panel Of South Florida Landlords To Share Knowledge

Dade Real Estate Investors Association (formed in October of 1996) will have three guest speaker at the September meeting.

The Dade Real Estate Investors Association will present a panel of experienced landlords to talk about their experiences, headaches and triumphs. Attendees will hear remarkable stories of three successful South Florida Landlords Yvonne Hunter, Frances Rolph and Alex Burns. The three landlords will answer questions on managing tenants, dealing with housing agencies, etc.

The event is planned for Wednesday evening, September 20th, 2006. 6:30pm - Registration / Exhibit Hall Opens. 7:00pm - Q&A. 7:30pm - Meeting Starts

The Dade Real Estate Investors Association September meeting will be held at the HOWARD JOHNSON PLAZA HOTEL, State Road 826 & NW 103rd St Intersection, 7707 NW 103RD STREET, HIALEAH GARDENS, FL 33016.

Discuss A Range Of Topics At A Local Property Investor Club

For anyone starting out in property investing, it is usually worth joining a local property investors club. This is a good way for people interested in real estate investing to come together and share ideas. Most property investment clubs are non-profit and hold regular meetings, run seminars and invite guest speakers. Topics of interest often include:

• How to get started in property investment
• "Nothing Down" real estate purchases
• Lease Options / Land Contracts
• Finding finance and money sources for investing in real estate
• Creative financing solutions for buying properties
• How to use self-directed IRAs to buy real estate
• Finding bargain under-valued properties
• Improving credit scores
• Short sales
• Searching for properties and snapping them up before other investors
• The pros and cons of buying foreclosures
• Refurbishing & rehabbing existing properties
• Discounted Notes and Mortgages
• Marketing techniques to find motivated sellers
• Asset protection
• How to be a good Landlord and get a good return on your investment properties
• 1031 Exchange
• Cash flow analysis
• Flipping properties
• Writing contract offers to buy and sell real estate

Why Join A Property Investment Club?

Anyone interested in learning about property investment could start by joining a local investor or property investors club. These are usually non-profits clubs set up by individuals interested in sharing knowledge about real estate (or general) investing.

Sometimes these clubs focus specifically on property investment, but many also share ideas on taxes, stocks and mutual funds etc. It is not uncommon for investment clubs to have members from all levels, backgrounds and interests.

Investment club members usually receive a monthly newsletter/notice with articles on real estate, landlording, buying/selling tips, useful web sites and more.

These investing clubs often invite a guest speaker to meetings. The guest speaker could be a local seasoned investor, attorney, CPA, stock broker or real estate guru.

Investment clubs, and more scpecifically property investment clubs, are usually a good entry point for newcomers to learn about the advantages/disadvantages, threats/opportunities of buying and selling real estate.

3 Quick Real Estate Tips For Buying A Home

1. Consider the methods of heating an/or air conditioning. Is there adequate insulation from weather extremes?

2. Although you may not be a gardener, landscaping and trees do enhance the beauty and value of a lot and house. Plant deciduous trees, shrubs and vines to provide shade in the summer and sunshine in the winter. Imagine the house in good weather and bad, and in each season. Will you be happy with it year-round?

3. Look carefully at the indoor/outdoor flow of the house and whether you could improve on it. Access from indoor living spaces to exterior spaces (decks etc) encourages outdoor living and appeals to many.

Phoenix Real Estate Club To Discuss Appraisal Process

The Phoenix Real Estate Club in (Phoenix, Arizona) is a a group of real estate investors who benefit from networking with other investors. The members create business relationships and together find investment opportunities.

On Tuesday, September 19th 2006 the Phoenix Real Estate Club will be discussing the Appraisal Process. Do you know who owns the appraisal? Can you understand what it says? James Camp from Real Estate Authority will cover this in his detailed presentation on the appraisal process. He will explain what an appraisal is, how it works, and the importance of timing. James will review an appraisal report explaining how to read it and in what areas investors should pay special attention.

James Camp, owner of The Real Estate Authority, is a Certified Residential Real Estate Appraiser in Arizona and a designated Appraiser. He is the current National Director for NAIFA – the National Association of Independent Fee Appraisers having served previously as the Phoenix Chapter President and State Director. James started his career as a custom home builder in Arizona and Illinois before getting his Real Estate license. He served as an Investigator for the Arizona Appraisal Board and also with the Office of the Attorney General of Arizona. James also served as Director to the Arizona Appraisers Coalition and held the position of Chapter Director and VP of the Society of Real Estate Appraisers.

Education is important to James, as is documented by his positions as Education Chairperson for the Appraisal Institute, Education Chairman for NAIFA and Public Relations Chairman for the Society of Real Estate Appraisers. It is his goal to help the average person better understand the appraisal process.

The Phoenix Real Estate Club is at 24th Street Conference Center1841 N. 24th Street, Phoenix, AZ 85008.

Why You Need To Find An Honest Real Estate Agent.

Honesty is an important trait to look for when selecting a real estate agent. By honesty I mean the ability to tell you the truth at the risk of losing a commission.

The sad fact is that some real estate agents will tell you whatever you want to hear just to make a sale and that is truly unfortunate.

Most homeowner’s are reasonably inexperienced when it comes to buying or selling property. They rely greatly on the “perceived” ability of the real estate agent they are dealing with. In reality, most homeowner’s are “fair game” for a disloyal, dishonest, or incompetent real estate agent.

In any negotiation, WIN – WIN deals are the best. But, sometimes when buying or selling a property, things happen to benefit just one party...the buyer, the seller or possibly just the real estate agent. Therein lies the danger. Who is the real estate agent really working for? Where do his or her true loyalties lie? With the seller, the buyer or themselves?

Read more about dealing with realtors, real estate brokers and agents http://www.your-real-estate-resources.com/real-estate-agent2.html

Real Estate Agents Not Always Popular

Everyday thousands of real estate agents deal with thousands of home buyers and home sellers, so it is not surprising that not everyone will be happy with the outcome (especially when you consider that a lot of money is involved in each transaction). That is not to say that all real estate agents do a bad job or that real estate agents are always right. Far from it!

There are definitely bad real estate agents that drag the industry down, as well there being no shortage of unreliable or dishonest buyers and sellers. So, when hear people bad-mouthing a real estate agent, it could be unjustified.

There is an old story about a man who went to a new area to "see how the land lies" He was told "the land doesn't lie, but the realtors do."

Home Buying Tip - The Property Location

Another quick real estate tip for you...

Before you sign any contract to buy a home, carefully consider the advantages and disadvantages of the property location and siting.

Does the property have good views? Is there easy access to the property? Are the parking or garaging facilities adequate? How is the property sited in relation to the sun and the prevailing winds? A well sited home costs less to heat and cool and can save thousands of dollars over the years in utility bills.

Stay Positive When Buying Or Selling A House

You will get knock backs when buying or selling a house. Not everything in the house sale process will go your way. So try and remain positive regardless of what happens.

Positive people are inclined to ooze with enthusiasm, encouragement and confidence. It is contagious!!!

Negative thinkers on the other hand, make it a habit of dragging others down. Their destructive attitudes and pessimistic ways of reasoning can instil fear and cast doubt in the minds of those involved in the real estate transaction. Stay positive when buying OR selling property!!!

Home Buying Tip - Bathrooms and Kitchens

When buying a home, the kitchen and bathroom areas are usually a major inflencing factor on whether on not the sale proceeds. Both areas need to be practical for person or family buying the home and they need to be clean, usually in good condition and more often than not, they need to be up to date aesthetically.

Most home buyers are fully aware of the costs involved in modifying kitchen and bathroom areas and take this into consideration when buying a home. If major alterations or improvements are required to bring the kitchen or bathroom(s) up to standard, this is often reflected in the price offered.

So, before deciding on which home you are buying, always remember that the kitchen and bathroom(s) are a key factor in any home sale. Do they meet your requirements? Redoing a kitchen is likely to be expensive. So be sure of what you need and want before you buy. The same goes for the bathroom. Do you need one, two, or three bathrooms... do you need a separate toilet, shower, bath, jacuzzi?

Buying Or Selling Real Estate Is A People Business

Buying or selling a property can be stressful at times depending on who does what, what happens, what doesn't happen and any number of unforeseen situations that might or might not occur.

Although there are always guidelines, regulations and laws to follow, real estate sales do differ from one transaction to another.

Buying and selling a property is a people business and for that reason a lot can depend on how quickly and thoroughly each person does his or her job. So, if you are buying or selling a property just remember that people don’t always do what they say they will do.

They don’t always keep appointments. Some people will tell you they will bring their husband or wife for a look through the house – and they never return. Others might tell you they will call around on Friday to sign the contract – they never turn up. Some home sellers don't clean the houses or clear away the clutter before before an open home or before settlement of the contract. Some buyers don't arrange finance on time. Some agents say the wrong things.

So, as you can see any number of things can and often do go wrong. Sometimes it is because people are unreliable, disorganized, dishonest, or even downright incompetent.

It is normal for these things to happen, SO DON’T LET IT GET YOU DOWN! The main thing to make sure that you do you job thoroughly and efficiently and have a plan of action to make sure that others do a good job too.

Home Buying Tip - Property Resale Value

Whether you are buying a house for your own family or to rent out, it pays to think about the opportunities and limitations of the property.

What are the opportunities to increase the value of the property, and ultimately create a positive effect on the property resale value eg. adding a garage, redecorating, landscaping, subdividing the land, adding an extra room or level etc? Pay attention to floor plans. Changing layouts of rooms later, can be expensive.

Home Buying Tip - House Space

If you are looking to buy a home then think carefully about the size and layout of the house and lot.

If you think you may need more space in the future, be sure the house and lot you are buying will allow for expansion. Will your furniture fit in the space? Is there enough storage space in the house? Carry a tape measure with you when inspecting open houses.

Home Buying Tip - Home Improvements

Here is a simple but important real estate tip if you are looking to buy a home.

What needs to be done immediately to bring the property up to your standard (or taste)? What about the color scheme... do you prefer carpets, ceramic tiles, or wood floors? Think not only about what you like, but also about what might improve the property value for when you come to sell.

Think about what might need to be done in the near future in the way of maintenance or improvements? What cost will be involved?

Expect lower maintenance costs with a brand-new home.

How Flat Fee House Sales Are Catching On In New Zealand

It is always interesting to know how real estate sales operate in different parts of the world.

In New Zealand real estate agents usually charge about 4 per cent commission (compared with 2 to 3 per cent in nearby Australia) depending on the price of the property. There is usually only one agent involved who is paid by the property seller and the same agent presents the offer to the seller on behalf of the buyer.

New Zealand has a population of just over 4 million people and has around 17,000 real estate agents. The 4% commission on an average sale is up to $15,000 with the commission usually split 50/50 between the real estate agent and the real estate office. However, for higher priced properties a lower commission rate of between 1% to 3.5% is often negotiated.

Many in the industry believe that the commision rates are too high and believe that the country is ready for flat rate commissions.

A couple of flat rate companies have spread their wings by opening offices around New Zealand. They employ staff rather than have commission agents. These flat fee real estate offices are charging around $5,995 to $7,995 per sale compared to the usual $15,000 (approx) commission.
They argue that it takes just as much effort to sell a higher priced property as it does a lower priced property.

Home Buying Tip - Check Easements And Permits

Before buying a property check to see if there are any illegal structures on the land?

Are there any outstanding permits that have not been signed off by local authorities?

Are there any easements like the right to pass across the property, the right to construct and maintain a roadway across the property, the right to construct a pipeline under the land, or a power line over the land? Easements can affect the value of a property so always check legal issues before signing any real estate contract. If unsure always seek professional legal advice.

Who Is The Dual Agent Working For?

Good question - is it the buyer, seller or the agent?

Don't get me wrong, a dual agency isn't always a bad thing - it really depends on how ethical the agent is.

Most USA States require agents to inform their clients whom they represent. Dual agents have a responsibility to both the buyer and the seller, and must disclose the relationship to all interested parties. A dual agent cannot disclose to the seller what the buyer is willing to pay and cannot disclose to the buyer what the seller is willing to take. Dual agents must disclose all known material defects.

Home Buying Tip - Are The Electrics And Plumbing In Good Working Order?

Electrical wiring and plumbing are areas that are frequently overlooked by homebuyers. This is because the wires and pipes are usually in the walls or underground - so they often get forgotten about.

Faulty wiring is dangerous and could pose a potential fire hazard... an it can be expensive to repair.

The plumbing also needs to be considered when arranging the home inspection. As a matter of interest, when I visit an open house I make it a habit to run the shower to check the water pressure and water temperature.

Real Estate Blog Is Moderated

A quick note to all readers of this real estate blog. Your genuine comments are welcome and encouraged, however we have had several people trying to SPAM the blog with links to totally unrelated websites. For this reason we do moderate all comments on this blog and do not publish anything we consider to inappropriate or unrelated to real estate or mortgages etc.

We are doing our best to provide good independent content which we hope will be of interest to anyone buying or selling real estate. Comments are most welcome as long as they relate to the subject.

Moderator

Will The Real Estate Agent get You The Best Deal?

Unless you are in a really strong seller's market, a good buyer's agent should be able to negotiate a sales price that is lower than list price for buyers.

On the other side of the fence is the listing agent who should hold a track record for negotiating sales prices that are very close to list prices.

Keeping A Dual Agent Honest

If you are considering buying a home find out who the agent is representing. Don't automatically assume that the real estate agent is working solely for you the buyer.

Some agents (dual agents), perform a dual role and represent both the buyer and seller. As buyer it is important to understand that the agent might have a financial responsibility to home seller. In most USA States agents are required to inform their clients as to who they represent.

If you are going to buy a property using a dual agent then discuss with the agent how he or she plans to be fair to both parties.

One way of keeping the dual agent honest is to obtain comparable prices of homes in that neighborhood from another real estate firm. When buying a home it is important to be reassured that the property is good value for money and has not been overpriced. Most real estate brokers will provide this information free of charge.

Another way of checking on the dual agents credencials is to ask to talk with some of the agent's past clients. Talk with buyers and sellers who were involved in a dual agency transaction. The important thing is to be comfortable with how each party was treated. Did the dual agent act fairly throughout the entire sales process? Did the dual agent fully explain his or her role early on in the real estate process? Would the clients recommend the dual agent?

Will The Property Attract Genuine Interest In The First 30 Days On The Market?

Fact: Over priced real estate listings turn many buyers off.

When listing a property for sale, the first 30 days are the most critical. The first 30 days is the time when most buyers (and real estate agents) will see the real estate listings.

The first month on the market is the key. BUT... when a property is over priced, or stays on the market too long, interest wanes. Potential buyers (and real estate agents) will be suspicious, ignore the listing, or they will simply move on to another property that is more realistically priced. So, that's why the initial 30 day period is critical when listing a property for sale.

Some sellers, however, believe that if someone is really interested they will counter-offer. Yes, that may or may not happen. But, there is the risk that well-qualified buyers may just walk away, never to return.

Why A Property May Vary In Price

A number of factors can affect the selling price of a home and sometimes the reason why one home sells for a higher than another is not obvious at first glance.

For example; two properties may look the same from the outside but be immeasurably different inside. One may still have 70's, 80's or 90's decor whilst the home next door may have undergone major updating and interior improvements.

Another 5 Buying A Home Tips

Buying a home is a major investment, so take care to thoroughly research the purchase before signing any legally binding contract to purchase the property. Further to our series of home help tips, here are another five home buying tips to consider:

1. Contact local real estate agents or brokers to research recent sale values in the area. Find out the trends such as what type of people are buying in the area, how long the average property stays on the market before being sold etc.

2. Visit the area to check out the proximity of schools, transport, shopping, employment etc. These can have an effect on your lifestyle, both now and in the future (ie. children).

3. When inspecting a home don't be put off by bad weather. It's a good time to check the potential property for leaks and poor drainage.

4. Carry out proper due diligence on the property you are buying. Arrange a professional home inspection and obtain building and pest reports on the property.

5. Before you buy, get in touch with your potential neighbors, to ascertain suitability and see if there are underlying disputes or problems.

Home Buying Tip - The Sales Contract

When buying or selling a property always seek professional advice before signing any contract. You need to be sure that you can finance the purchase, that the property is a good buy, and that the clauses in the contract meet your individual needs.

Organize And Prioritize Your Time When Selling Your Home

Regardless of whether you are selling through a realty agent or selling your own home yourself (FSBO), it pays to be organized.

You will need to give up some of your spare time in order to get your house ready to sell and to show prospective buyers through it.

That’s why it’s important to gain control of your time and use it wisely. It is easy for days to “just slip away” without having made much progress in selling your house. Being busy and being productive are two different things.

One way to boost efficiency is to prioritize tasks. Draw four squares on a piece of paper. Mark the squares as follows:

• IMPORTANT AND URGENT
• IMPORTANT BUT NOT URGENT
• UNIMPORTANT BUT URGENT
• UNIMPORTANT AND NOT URGENT
  

Now put each of your daily tasks into one of the four boxes.

The point I’m making is that it is important to prioritize your tasks and know the value of everything you do. Why I say this is because most of us spend too much of our time working in the wrong squares.

We do tasks that are IMPORTANT AND URGENT because we have to. That’s good!!!
We do tasks that are UNIMPORTANT BUT URGENT, because they demand our attention. Things like personal phone calls etc.

We do things that are UNIMPORTANT AND NOT URGENT because we want to... they are a good way to pass the day and can be fun. Again phone calls can be in this category, so can reading irrelevant mail, clowning around, trivia, gossip, escape activities like TV etc.

Most of us don’t spend enough time doing things that are

IMPORTANT BUT NOT URGENT.

Eg. Prevention, forward planning, relationship building, preparation, goal setting, devising marketing strategies, cash flow budgeting, setting values and standards, introducing efficient systems etc.

We often put IMPORTANT tasks off because they are NOT URGENT or get overshadowed by the day-to-day activities in our lives.

Selling your house is IMPORTANT and URGENT. You are either going to do it or you are not! So spending more time on tasks that are IMPORTANT and either URGENT or NOT URGENT will prove to be productive.

Home Buying Tip - Check For Moisture Build-up

At the same time as checking the foundations, look for signs of moisture build-up or drainage problems, especially in basement areas. The experts have special equipment to test for moisture content in walls and other areas. Remember, fixing these kinds of problems can be costly.

Home Buying Tip - Check The Foundations Of The House

When putting in an offer to buy a house it pays to arrange a thorough house inspection. One area that is often overlooked is the foundations of the house.

Are the foundations sinking? Although most foundation problems can usually be rectified, the repair/replacement costs may out-weigh the benefits.

It is better to be safe than sorry, so a proper professional house inspection is usually advisable before buying a house.

Home Buying Tip - Check The Roofing

Before buying a home arrange a thorough home inspection and don't forget to check out the roofing materials and condition.

Is the roofing in good order, or does it need repairing, or replacing? Has the roof been carefully maintained or are there water stains on the ceilings?

Does the roof complement the style of the home? Does it add to the home's visual appeal and its resale value?

It may come as a surprise, but the color of the roof should be a consideration when buying a house. Apart from the general look of the roof and how it matches with the rest of building, roof color can affect energy efficiency in a home. In colder climates, a dark colored roof can be a good option because it absorbs more heat. In temperate climates, a middle-range shade might be a better option. A light-colored roof tends to reflect the heat, so could provide energy savings in regions where air-conditioning is used throughout the year.

What To Ask A Realty Agent

Selecting the best realty agent to list your home for sale and asking the right questions are key components to a successful sale.

Interview two or three realty agents before deciding which one to go with. Ask each realty agent several questions and listen carefully to the answers.

One such question is whether or not the agent believes the property should be sold "as is." The reason is that some realty agents are of the opinion that "as is" sales greatly hurt marketability whereas other agents encourage "as is" sales to discourage after-sale litigation.

Most US states now require home sellers to fill out a disclosure statement listing any known defects that materially affect the market value of a property. This procedure usually avoids after-sale lawsuits if the buyer was informed of all defects.

Many home sellers choose to sell "as is", with the buyer doing the necessary repairs or updating. Known defect should still be listed.

Home Buying Tip - Home Inspections

Is the home you are considering buying structurally sound? Unless you are a home buyer with lots of money to risk, a thorough home inspection is wise investment when purchasing a property.

A Home Inspector will focus especially on the structure, construction, and mechanical systems of the house. He or she will make you aware of any repairs that may be needed on the property.

The most expensive problems are not alway obvious to the untrained eye. Call in the experts and arrange a professional home inspection.

Home Buying Tip - How Individual Is Your Home?

Is the home you are looking at buying unusual and does it appeal to a limited market? A lot of homeowners like put their own personality into a house, which is to be commended. However, if the style is too "uniquely individual" it may appeal to only a limited number of potential home buyers. This will usually minimize, rather than maximize, the resale value of the property.

Home Buying Tip - What Facilities Are Nearby?

When buying a home consider access to community facilities, shopping malls, public transport, schools etc.

Although the quality of a school district might not matter to you now, it might in the future, or it might matter to another buyer.

At some stage in the future you may want to sell the home you are currently buying, so think about facilities that another buyer might be wanting within easy access.

Buying/Selling A Property Tip - What Might Affect The Property Value?

Regardless of whether you are buying or selling, look for other things that might affect the value of the property and consider what you might be able to do about it.

If you are buying; look at what might reduce the price you pay, the resale value, or amount of work or money required to rectify the problem (if if can be fixed). If the problem can't be fixed, are you prepared to accept this situation.

If you are a seller; think about things that might make the property more difficult to sell, or that might restrict the market you are appealing to, or that might limit the price you get for the property. What can you do about these things?

Here are some examples of things that could affect the value or appeal of a property:

• Are there high tension wires or cell phone sites nearby?
• Is the property affected by high trees that block the light or winter sun?
• Are there noisy or smelly factories nearby?

When Will Your House Offer Be Accepted By The Home Seller?

Usually there's a clause in the offer requiring the home owner to accept or reject the contract within a specified time frame. The period for acceptance is often 24, 48 or 72 hours.

If there's a time period stated in your offer, wait until the time has elapsed for a phone call or a counter offer. If you don't hear anything then call the realtor and ask casually if he/she has heard anything on your offer.

Remember that, unless you have a contract with the realtor, he or she will normally are working for the seller, not you the buyer.

The main thing is to get an answer without sounding too desperate to know. Afterall, you do need to know, especially if you are looking at other properties to buy.

Home Buying Tip - Location To Roading

If the property you are buying is on a busy or noisy street it may affect the property value. Is it a quiet street or is there a lot of traffic? Does the traffic go in just one direction or two? How easy is it top access the driveway from each direction and how easy is it to exit the driveway to each direction? These are just some of the questions to answer when buying a home.

A Revealing Question To Ask A Real Estate Agent

Before deciding which real estate agent would do the best job marketing your home, it pays to undertake an interview process. It is important to select the right agent who will not only have the best chance at getting you the desired result, but also one that is a pleasure to work with.

In the interview process you need to make sure that the real agent is giving you honest answers and not just saying what he or she thinks you want to hear.

Here is a good question that stumps a few agents and could reveal an unexpected answer.

Here is the question: Apart from yourself, who is the best real estate agent in this area?

Some agents will evasively say, "I really don't have any competition." But the best agents will honestly answer your question.

You may then want to ask the agent - why he or she gave that particular answer?

Also, don't hesitate to ask the agent you're interviewing, what he or she thinks of the other realtors on your interview list.

Remember, it is not about tricking the agent, it is about getting truthful and helpful answers.