Saturday, August 25, 2007

Real Estate Investment And Research Organizations

Research Institute for Housing America - RIHA

Research Institute for Housing America, founded in 1998 by the Mortgage Bankers Association of America, is an independent research organization devoted to expanding access to U.S. housing and mortgage markets.

RIHA assists through grants and sponsored research to educational institutions, research facilities and government organizations in the pursuit of knowledge of mortgage markets and real estate finance.

National Association of Real Estate Investment Managers - NAREIM

Members of the National Association of Real Estate Investment Managers represent both domestic and foreign capital. NAREIM members include real estate advisors, financial institutions, REITs, opportunity funds, and private investors.

Friday, August 24, 2007

Watch the market when investing in real estate

In A 'Strong' Market

If the housing market is 'strong' you stand a better chance of selling a property for the price you want. But remember, if you sell in a 'strong' market, chances are, you will be buying in the same 'strong' market. That means you may have to respond quickly to offers and compete aggressively with other buyers.

In A 'Weak' Market

If the property market is 'weak' your home may take longer to sell and the price may not meet your expectations. To get a decent price you may have to spend money to make improvements to your property. You might also need to offer incentives to compete with other properties on the market. Remember though, you may also be buying in a 'weak' market, so could potentially pick up a bargain. Take advantage of the cyclical nature of the real estate market and stay put (if you can) until the real estate market improves.

Think about selling when you are buying.

There is an old saying in real estate, "when buying a property... always begin with the end in mind." This is true because, eventually, every property gets resold. So, before buying your next home, it is important to consider its likely value, if you to try and resell the property either now or in the future.

What seems like a bargain when you buy, might become a nightmare when you come to sell the property.

Selling your home in a buoyant real estate market should be relatively easy, regardless of its location or condition, as long as you hire a competent real estate agent and price the property correctly.

But, selling your home in a tight real estate market is a whole different ball game. Buyers become more selective. Know what is a 'bad' location.

Perhaps the word 'bad' is a little harsh. We are really talking about negative factors that could affect the sale-ability or price of a property.

You've probably heard the saying "buy the worst house in the best street, not the best house in the worst street." This is very true if you want your property to increase in value over time.

Remember: You can change everything about a property except its location.

Buying a home in a bad location can be fraught with problems when you come to resell. A less desirable location usually results in a lower selling price.

Here are some examples of locations that can affect resale:

· Located on a main feeder street

· Near night life activities

· Under an airport flight path

· Close to a freeway, expressway or railroad

· In a rundown block or neighborhood

· Next to a school yard playground· In or near a gang territory

· Next to apartments or commercial/industrial properties

· Near a gas station, power pylons, garbage or toxic waste dump

· In a town or city affected by the closing of a major employer

· Near factories, farms and processing plants (smells can be a problem)

· Below the road, damp, shady, cold properties

Know what increases the value of a property.

The value of a home is affected by recent sales of the similar neighbouring homes in the market. Ideally, an appraiser will compare sales of properties of the same size, age, condition, room count, in the same area and with similar amenities. Finding a perfect comparison rarely happens, so adjustments have to be made, based on what the market will pay a higher price for.

Additional features and benefits can increase the value of a particular property. Things like: extra square footage, if its well maintained inside and out, bedroom number, heating system, air conditioning, parking facilities, decor, swimming pool, views, sun, access, lot size, location and so on.

But, what happens outside the property boundary can also dramatically influence the value of the home you are buying.

Thursday, August 23, 2007

Real Estate Companies And Industry Professionals Boost NAREIT Membership

National Association of Real Estate Investment Trusts - NAREIT

National Association of Real Estate Investment Trusts members are real estate investment trusts [REITs] and other businesses that own, operate and finance income-producing real estate. Also included are firms and individuals who advise, study and service these businesses.
NAREIT membership includes more than 2,000 REITs, real estate companies, industry professionals, property investors and academics.

NAREIT provides representation before national and state policymakers affecting the REIT and publicly traded real estate industry.

REITs and publicly traded real estate companies can network with service providers in the real estate industry.

The NAREIT has a bi-monthly magazine addressing a variety of REIT, capital markets and real estate-related issues.

Wednesday, August 22, 2007

List Of Property Investor Groups In Pennsylvania, USA

PENNSYLVANIA Property Investor Clubs and Associations

ACRE of Pittsburgh, Inc
Phone: 888-4AC-RE40
Address: PO Box 17149, Pittsburgh, PA 15235

Apartment Association of Northwest Pennsylvania Investor Group
Phone: 814-873-8547

BiState Creative Investors
Phone: 302-992-9056

Butler Area Landlords Association
Phone: 724-845-8734
Address: 119 Summit St, W. Leechburg, PA 15656

DAPA Network
Phone: 412-969-3552

Delco Property Investors Association
Phone: 610-490-1934
Address: PO Box 643, Chester, PA 19016

Diversified Real Estate Investors Group
Phone: 215-712-2525
Address: PO Box 55, Line Lexington, PA 18932

Ebony Real Estate Investors Club
Phone: 512-969-3552

Enlightened Real Estate Investors of Pittsburgh
Phone: 412-953-4873

Indiana County Rental Association
Phone: 724-349-6321

Monroe County Landlord Association
Phone: 570-421-5409
Address: 304 Park Ave, Stroudsburg, PA 18360

N. Central PA Real Estate Investors Club
Phone: 814-661-9856

Piranah Real Estate Investing Club
Phone: 412-687-0263

Pittsburgh Area CREI
Phone: 724-339-7377
Address: 309 Charles Ave, New Kensington, PA 15068

REIA of Berks County
Phone: 610-678-3595
Address: PO Box 13892, Reading, PA 19612

Western PA Real Estate Investors Association
Phone: 412-381-5677
Address: PO Box 6068, Pittsburgh, PA 15211

For more property investing information check out this investing in property article by Peter Dobler.

Tuesday, August 21, 2007

List Of Property Investor Associations In South Carolina and Rhode Island

If you are a landlord or property investor in Rhode Island or South Carolina, then here is a list of real estate investor groups in your area:

RHODE ISLAND

Northeast Rhode Island Real Estate Investors Association
Phone: 860-877-2776

Rhode Island Real Estate Investor's Group
Phone: 401-640-4261

SOUTH CAROLINA

Capitol City Real Estate Investors
Phone: 803-206-1935
Address: 107 Dutch Point Rd, Chapin, SC 29036

Foothills REIA
Phone: 864-205-9421
Address: PO Box 160010, Spartanburg, SC 29316

Georgia-Carolina Investors
Phone: 803-645-7883
Address: PO Box 102, Jackson, SC 29831

SCREIA
Phone: 843-293-8538
Address: PO Box 31314, Myrtle Beach, SC 29588

SCREIC
Phone: 803-806-8224

Upstate CREIA
Phone: 864-542-4202
Address: 74 Westview Ave, Greenville, SC 29609

Monday, August 20, 2007

Property Investor Groups Prove Popular In TENNESSEE

Continuing on with this series, here is list of contact details for various landlord groups and propert investment clubs in Tennessee:

Knoxville Real Estate Investors Group
Phone: 865-973-0366

BlueRidge REIA
Phone: 423-791-3314
Address: 4260 Ft. Henry Dr. #206, Kingsport, TN 37663

Clarksville Cash Flow Club
Phone: 931-241-0136

Knox County Real Estate Investors Group
Phone: 865-335-4818
Address: 719 Chickamauga Ave, Knoxville, TN 37917

Memphis Investors Group
Phone: 901-525-6761
Address: 1910 Madison Ave, PMB 775, Memphis, TN 38104

Middle TN REI Investors
Phone: 615-483-4739
Address: 4381 Hwy 48 N, Charlotte, TN 37036

Nashville Area Home Investors
Phone: 615-456-3960
Address: 4921 Millerood Dr, Nashville, TN 37211

Northwest Tennessee Real Estate Investors
Phone: 901-285-1333

Real Estate Investment Group Services
Phone: 865-609-0902

Real Estate Investors of Nashville
Phone: 615-851-4355
Address: PO Box 852, Goodlettsville, TN 37070

Real Estate Investors of the Tri States
Phone: 423-344-6987
Address: PO Box 618, Harrison, TN 37341

Southeast Note Buyers
Phone: 423-909-9831

Sunday, August 19, 2007

Three International Real Estate Associations

Association of Foreign Investors in US Real Estate - AFIRE

The Association of Foreign Investors in US Real Estate is a trade association for the foreign real estate investment community involved in promoting and supporting AFIRE members with international real estate investment.

Counselors of Real Estate - CRE

Counselors of Real Estate is an international group of real estate professionals providing advisory services to clients on property and land-related real estate matters.

Urban Land Institute - ULI

The Urban Land Institute membership includes approximately 15,000 professionals in 50 states and 52 countries. Urban Land Institute members have a focus on urban planning issues.