Looking at residential property investment?

Residential property investment is one of the most popular and generally reliable forms of property investment. It’s even considered a good savings strategy, with tax advantages. That said, residential property investment can be tricky, and mistakes have to be avoided. When you’re getting started, it’s a good idea to learn the ropes in theory, and get some backup from professionals.

Myths and legends of the property market

Let’s dispose of a few myths first:

The property market isn’t a get rich quick scheme. Particularly not when you’re starting out. Forget the rubbish about “the market is bouncing back”, etc. The market works strictly according to the amount of available capital. If lending is down, sales are down. Actual price moves are in relatively small percentiles, most of the time.

Throwing every cent you have into property isn’t a good idea. You need a safety margin. Above all, you shouldn’t commit to any sort of finance where you’re at risk of being over-exposed.

Renovating and value adding isn’t a “sure fire way to make money”. If anything, it’s a sure fire way of spending money, then hoping you’ll get the higher price for your property.

The main issue in property investment when you start out is making a profit. This is very much an exercise in watching your bottom line. Focus on that, and you’ll have a lot fewer problems with your investments.

Residential property investment, essentials
Buying a residential investment property involves some planning and some vision.

These are the issues:

What are your investment goals? Where do you want to be, in say 10 years?

How does property investment fit in to your financial planning? Are you prepared to invest and wait to accrue capital gains?

Do you have the cash to manage buying an investment property? Can your budget afford property taxes, rates, and land tax, etc?
What about risks, like insurance, loss of income, etc?

These may seem like rhetorical questions, but if you hit trouble with your finances, they’re life and death issues.

Now the good news

There’s no need to take any major risks with your property investments. There’s plenty of help available for you when you start out and people to assist in getting everything set up properly:

Your lender: Whatever you do, don’t ignore lender’s advice. Lenders are protecting their own interests, too. If a lender says “no”, they’re probably doing you a huge favor. If you’re told a loan is risky, pay attention, because it probably is, and could turn into a very expensive mistake.

Your solicitor: Solicitors are there to protect your interests as a buyer and a seller, and they can walk you through the entire property purchase process and any technical issues like titles, leasing, etc.

Property investment advisors: These professional property experts are particularly helpful if you’re considering your first major investment. This sort of advice is extremely useful at the startup stage of your property investment, and you can learn a lot about your investment options.

The best sort of property investment is the “no mistakes” approach. With professional backup and market knowledge, you can make plenty of money consistently and safely.

The Allegiance Title Agency

Allegiance Title Agency, LLC is a New Jersey based company that provides land title search and title insurance services throughout the State of New Jersey and, through an affiliated company, in the states of New York, Pennsylvania and Florida.We recognize that in a competitive market, quick turn around time alone is not enough. Our clients demand more, as they have the wherewithal to retain any of the numerous title insurance agencies in the region. As such, we distinguish ourselves from the competition by providing a depth of title examination experience and expertise, a state-of-the art document management and delivery system, and the added value of providing our clients with a unique network of professional relationships to foster their own business development and growth.

Acme Abstract real state Company

Acme Abstract Company and Acme Abstract, LLC are full service title insurance agencies located in West Chester, Pennsylvania and Cape May, New Jersey. Together these associated agencies service Eastern Pennsylvania and Southern New Jersey. We provide all closing related services in connection with the purchase and sale of real estate, including the services of an attorney on staff if legal representation is required.

We pride ourselves on our traditional values which are not only reflected in our services, but are further exemplified in our corporate identity. Please take notice of our letterhead, in particular, the wavy cut across the top of the document. Prior to the introduction of typewriters, computers and other mechanical means of imprinting paper, if a deed was made by more parties than one, it was usual to make as many copies of it as there were parties, and each was cut or indented (either in acute angles, like the teeth of a saw, or in a wavy line) at the top or side, to tally or correspond with the others, and the deed so made was called an “indenture”. Anciently, both parts were written on the same piece of parchment with some word or letters written between them through which the parchment was cut, but afterwards, the word or letters being omitted, came into use, the idea of which was that the genuineness of each part might be proved by its fitting into the angles cut in the other.

We strive to provide “traditional” services to all of our customers by our courteous, genuine and one-on-one treatment to all who utilize our services. Although we do have voice mail, we go out of our way to answer as many inquiries with a live person as possible. We ask you to call and ask for Bob, Tom or Sean to assist you with any of your questions about your real estate matters. Of course, if you would rather, you may contact us via e-mail through this website and we will respond within one business day to each inquiry. We look forward to hearing from you.

About Net Gain Real Estate

Net Gain Real Estate (NetGain) is dedicated to providing independent, value-added commercial real estate investing information and analysis at no cost. The primary goal of NetGain is to minimize the risk while maximizing the rate of return on investment (ROI) for income property investors. The secondary goal is to furnish serviceable information for all parties involved in the commercial real estate investing process. NetGain has created four products to achieve these goals.

Analysis – NetGain authors daily articles that focus on contemporary issues that affect commercial real estate investing. The articles cover the crucial, “bottom line” elements of income property investment. This original information was forged in the crucible of real world experience and timeless business principles, and cannot be found anywhere else on the Internet. The writings provide a broad informative overview.
Cap Rate Recommendations – NetGain believes that the basis for determining income property value is the capitalization rate (cap rate). The cap rate is the truest financial summary of an income property’s potential risk and/or appreciation. Our proprietary National Income Property Index (NIPI™) uses a formula that incorporates interest rates, unemployment rates, and consumer confidence for recommending realistic capitalization rates. The recommendations are monthly with NIPI™ editorial updates. NIPI™ is a critical tool for determining and negotiating a fair price for the purchase, sale or appraisal validation of a commercial real estate investment.
Due Diligence: Income Property Valuation – Our Economic Valuation System (EVS™) is the most comprehensive due diligence checklist on the Internet. Using 122 criteria broken into seven indispensable categories, EVS™ offers a proactive evaluation of a commercial real estate investment. EVS™ concludes your input with specific buy/hold/sell recommendations. EVS™ is the pathway to identifying and determining the extent of an income property’s future problems and potential possibilities.
Question and Answer Section (Q&A) – NetGain selects questions weekly that have contemporary relevance to commercial real estate investing. The answers are unbiased, instructive and consistent with NetGain’s primary and secondary goals.

Residential Brokerage honors top agents

Coldwell Banker Residential Brokerage recently recognized its top sales agents for industry successes in the month of October.

Ghada Abbasi was named Bergen County Associate of the Month, ranking first in sales production at the Ridgewood office and among all company agents in the county.

Other agents honored as Associates of the Month, ranking first in sales production at their respective offices, were Susan Fain (Allendale), Karen Leddy (Alpine), James Brooks (Cresskill), Michele Kolsky-Assatly (Fort Lee), Hedy Weiss (Franklin Lakes), Matthew Emmenuel (Oradell), Irene Cuffe (Ramsey), Janis Meyer (Mahwah), Douglas Collins (Saddle River), Tami Rapaport (Tenafly), Gail Jacobs (Upper Saddle River) and Lynn Brescia (Wyckoff).

Coldwell Banker Residential Brokerage in New Jersey and Rockland County, N.Y., a leading residential real estate brokerage company, operates more than 55 offices with more than 3,700 sales associates serving communities from Rockland County, N.Y. to Monmouth County.

For information about the company, visit www.coldwellbankermoves.com.

Coldwell Banker Residential Brokerage recently recognized its top sales agents for industry successes in the month of October.

Ghada Abbasi was named Bergen County Associate of the Month, ranking first in sales production at the Ridgewood office and among all company agents in the county.

For information about the company, visit www.coldwellbankermoves.com.

Click here for more news from: Allendale, Alpine, Cresskill, Fort Lee, Oradell, Ramsey, Ridgewood, Upper Saddle River,

Agents & Agencies

Cal Darula in the Field Point Road, Greenwich office of William Raveis Real Estate was the top producer in September.

Brian Amen in William Raveis’ Greenwich office was tops in sales in September.

Jean Ruggiero was the top listing agent in September in the Greenwich office of William Raveis Real Estate.

Randy Keleher was recognized for customer service for September in the Greenwich office of William Raveis Real Estate. Gloria McDonald in the Greenwich office of Weichert Realtors led the Connecticut and Westchester County 15-office region in resale dollar volume in October. The Greenwich office sales team, as a whole, also led the region in resale dollar volume in October.

Gary Disher in the Old Greenwich office of William Raveis Real Estate was the top producer in September.

Jane Kline Poirier was the top listing agent in William Raveis’ Old Greenwich office for September.

Betty Moran in the Old Greenwich office of William Raveis was recognized for customer service for September.

Steve Anastos in the Stamford office of Raveis was the top producer for July, the top selling associate in August and the top producer in both September and October.

Chris Carozza, also at Raveis in Stamford was the top listing agent in July and August as well as the top selling associate in September and October.

John Pellegrino was the top producer in the Stamford Raveis office in August.

REAL Trends Inc. is holding a leadership institute for brokerage executives and managers to be held January 26-28 at the InterContinental Hotel on Peachtree Road in the Buckhead area of Atlanta. One of two side-by-side conferences will focus on recruiting; the other is geared towards senior executives and financial officers. REAL Trends is collaborating with Larry Kendall‘s Ninja Selling Program to allow attendance at both courses back-to-back and in one place.

Altitude Alliance is a new online business service geared to providing real estate agent members access to exclusive resources, business tools, strategies and coaching to build successful client-based real estate practices. Founded by David Lereah, fomer chief economist of the National Association of Realtors and the Mortgage Bankers Association, the Alliance website was launched last month. Another principal is Steve Cook, former NAR vice president of public relations. Free sample materials are available at http://altitude-alliance.com/.

Agents & Agencies reports on job changes and awards in the real estate business. Information may be submitted, on company letterhead, to: Susan Nova, Agents & Agencies, Greenwich Time, 1455 East Putnam Avenue, P.O. Box 9307, Old Greenwich, CT. 06870, or by e-mail to realestate@scni.com. Photographs cannot be returned.