real estate: Due Diligence – What Is Important When Buying Real Estate?
- 08/14/13 02:50 AM
by Leonard Baron When you make a big purchase, or an investment, buy a car, sign up for healthcare, etc. you do you “homework” to hopefully make a sensible decision that gives you good value for the money you are spending. When you buy real estate, which is likely to be the most expensive, most complex, and riskiest purchase you will ever make, there is an extraordinary amount of due diligence that you should do to reduce your risk and make a smart decision. It’s a time consuming, laborious, and expensive process of which most buyers fail to understand and complete. Most … (1 comments)
real estate: Property Investing – Go For The Cash Flow, Not Location
- 07/16/13 03:27 AM
Posted on 15. Jul, 2013 by Leonard Baron at propertymanager.com. When discussing real estate investments, we often hear people say the three most important words in real estate are location, location, location. And while “3L” properties may be some of the finest looking and most prestigious properties to own, the reality is that they are generally very poor investment choices. The reason is that the investment returns on these location properties are typically very low; and one should strive for better investment returns to compensate for the risk. The primary reason for those low returns is that A+ location properties are usually bid up … (2 comments)
real estate: Three Forces Driving Real Estate Sales and Prices
- 01/10/13 08:28 AM
Posted Jan. 08 by Marc Courtenay on PropertyManager.com An investor friend of mine called recently to ask if I could recommend some competent property managers in our area. Fortunately I knew of several so I gave him the names plus the pros and cons of each one (my way of being helpful and objective). In the course of our conversation he told me that mid-range houses were being snapped up by income-oriented investors the same day they were put on the market for sale. His agent told him that rogue speculators and investment syndicates (similar to Real Estate Investment Trusts) were on the … (1 comments)
real estate: Making a Tenant Comfortable When Your Rental Is for Sale
- 12/11/12 01:53 AM
As a landlord, it is important to remember that it can be very stressful for a tenant when their rental is for sale. After all, it is their personal space that is effectively being invaded, and there is no payback for them. With all of this in mind, you need to offer some concessions to your tenant to provide for their comfort during the process – at least if you’re concerned about your reputation as a landlord! Ask the tenant about their schedule – even homeowners limit viewings to certain hours, or certain days per week. It’s only fair to give your tenant … (0 comments)
real estate: 2013 Market Trends For Property Managers And Real Estate Professionals
- 11/28/12 02:27 AM
Over the past few years, the real estate market has been tough on property managers. Economic recovery has been slow, putting downward pressure on prices and leaving apartment and office space unoccupied. Looking forward to 2013, however, experts are optimistic that the market will gradually improve. The Impact of Job CreationRecent job creation will bring down vacancy rates in the office, retail, and commercial real estate sectors. Although this may or may not affect you directly, the increased occupancy levels of office and retail space will allow property managers to charge higher rents. Additionally, job creation should bring an influx of renters, as … (0 comments)
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by Leonard Baron 
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