Tag: Real Estate Reviews

Purposeful Investment Strategies: Housing becomes more affordable

Those who come out with flying colors in the real estate are just not landlords.  They are keen executives in the field of business.  They function like managers of the portfolio, and also they are business managers who are keen on hiking the profits as they hold their clients with esteem.  This article discusses housing investment that is affordable. It is considered as a good business and investment strategy.  We begin with defining the housing that is affordable, and brose through groups that depict the suitable target market.  Following that, we discuss the affordability that is the prominent characteristic of the market that one aims for.

Options in investment for people of different categories

Senior citizens and differently abled people

People who are above the age of 65 and with disabilities are a major portion of the US population.  Studies have revealed that the amount is on the rise.  People who are in the age group require housing that is near to public residences and modifications are done to help them in day to day life.  Modifications embrace ramps instead of stairs, bathrooms that enable wheelchair accommodation, handrails and modified cabinets and closets.

DC Fawcett-Purposeful-Investment-Strategies-Housing-becomes-more-affordable

Off campus Housing for Students

The increasing number of adult and non-traditional education centers has boosted the requirement for off-campus housing.  Grownup students with families require houses that are near to the college campus.  Students from abroad require housing that is accessible round the year.  This is due to the fact that it is less costly and more easy than frequent international trips during holidays and summer breaks.

Off the base Housing for the military

Those who serve in the military have options in housing, both on and off the base.  On base residences requires raising constructions, management of property and grounds maintenance.  Off-base housing needs added assistance with respect to location, custom construction and purchase financing.  Off the base housing requires to be near the base and it should be easy to move into and out of the residence.  Investors in military housing should have sound knowledge with federal contracting and also the specific guidelines for each branch of the service.

Programs with respect to rehabilitation and Reentry:

Those residences for the destitute, midway residences for recovering addicts and the freshly released from home for delinquents, require neighborhood based housing.  Boarding houses and housing complexes should be huge enough to offer necessary facilities and privacy for the students who have rented it. It must also enable required accessibility and security levels that are relevant to each age group.

Beyond being just landlords

One should know that he or she should not be just a landlord.  One should be multifaceted as a landlord, an investor and a business executive.  When you are a landlord embrace the human aspect.  As a landlord, one could make a market by assisting families and the community.  When you are an investor, one has to create the blue-chip portfolio of the real estate.  Retain the best properties, at the best amount, that yield a huge amount of profit.

Need to earn money even as the market plummets down?

When the market is going down, one would not be able to mint money when everybody suffers financial constraint.  One needs to be knowledgeable about short selling by taking up a course through email.  Make out what a short selling is, the impending risk in it, and how you can draw favor from declining stocks.  So, start it right away and begin considering every move as a chance to earn money.

One can get a fair idea about affordable housing through the blogs by Dc Fawcett who is the owner of the Virtual Real Estate Investing Club. It is to be noted that Dc Fawcett shares free of cost suggestions on his blog.

DC Fawcett – Tools To Manage Real Estate Business

DC Fawcett Real Estate

If you are having an office set up for real estate business, more people are likely to visit your office to inquire about real estate investment. Sometimes, you will be too busy in your meeting with the important clients which becomes very hectic. So it becomes necessary to hire the staff that has got a good knowledge in real estate investment. Technology keeps improving and changing for the better. There are more software tools coming to the market, which makes your life easier and the business more efficient. DC Fawcett suggests making best use of these tools to improve your business. Some of them might be expensive, but most of them are inexpensive. It all depends upon what budget you fix for them.

DC Fawcett Real Estate -Tools-to-manage-the-real-estate-business

DC Fawcett’s suggested tools for real estate business

Tools to manage the real estate business

Here are some of the popular tools which we will be discussing on this topic.

Google Drive

It provides you the online storage wherein you can store your documents, images, upload and download files, create shared folders, templates, listing presentations and much more. It allows you to share your files and converse with others. You get first 15GB free of cost which is more than enough to store your data.

Drop Box

It does the same work as Google drive like uploading and downloading the documents, create shared folders and view them using any device i.e. computers, tablets and phones.

Cloud On

It is a multipurpose application, in which you are able to upload, create, review, rename, edit, and manage your data. Most of the clouds hosting sites are freely available and makes your work incredibly easy.

Evernote

You can collect and organize digital content with the help of this tool. Users can synchronize all their data on every device and computer they use. It also includes saving the web pages you want to research and gather information online, share the notes with your colleagues and prospective customers. This software is free of cost when you download but the premium package is $45 per year and business plan is $10 per month.

Open Home Pro

There is no need for the Realtors to take the pen and paper with them as they can use iPad application instead. It has these features which enable you to keep track of people who attend your workshop, without having to decipher their handwriting. Open Home Pro has the fields, that has got columns for prospective buyers have agents, pre-mortgage approval and fields to store contact information. Its price is $4.99 at iTunes.

Wi-Fi Finder

This is available in all android and IOS devices and is a free application. You can get a Wi-Fi connection in any place you go. It comes handy to all businessmen who depend on tablets.

Google Calendar

Is a free online calendar which syncs all your devices, i.e. phones, tablets and computers. You can create multiple calendars within a single calendar, that consists of personal, work and editorial calendars, share specific calendars with concerned persons, and view others public calendars.

Conclusion

They are some general real estate terms as reviewed by DC Fawcett which will be very useful for real estate investors.Automation is necessary to maintain your client information without a paper. If your office is automated and has a good manpower, there is a scope to improve your business.

See Also –  Real Estate Terms Reviewed by DC Fawcett

DC Fawcett – Why People Fails In Real Estate Career?

DC Fawcett Real Estate

Many people enter the real estate world, but not everyone becomes successful. On the contrary, many fail in this trade and they end up in blaming the person who gives you the tips for making a successful career in real estate investment.  DC Fawcett  shares his success story in this field to the entrepreneurs who wish to pursue their career in real estate investment.

Reasons for failures in real estate business

A successful person does not have any reason for their success, but an unsuccessful person has millions of reasons as to why they could not succeed. This is applicable for any career that you choose. Succeeding in a real estate career is tough but, not impossible. Here are the reasons for failure in real an estate career.

DC Fawcett -Reasons-for-failures-in-real-estate-business

  1. Little or no saving

    The mistake which many of them make is they quit the job and start their career in real estate which is not a wise decision. It is very difficult to make a sale within a month after you resign from your job. You need to save good amount of money for your survival to start your career in real estate investment.

  2. Trying for extra income as a real estate agent while being in a full time job

    Working as a part timer in real estate is one of the hardest things to do. Buyers would be interested in seeing the property before deciding to go for it, for which they would like to talk to the agent at the earliest. If you are available after 5 or 6 pm and during the weekends, it will be very much frustrating to the buyer.

  3. Client’s negligence

    Real estate business is based on building up a good relationship and rapport with the clients which helps you to gain their trust. If you give good services to them, it increases the positive word of mouth, which helps you to increase your leads and sales. Most of the real estate neither picks the calls nor call back the people who are interested in buying or selling the house.

  4. Lack of database marketing

    Maintaining the database is most important as it helps you to store the records of past clients, prospective clients, business contacts and any other known person. You can use this database to make phone calls, send letters and emails to them. You can also invite them for entertainment purposes like fun events.

  5. Ignoring the client needs for a commission check

    This is the mistake that many real agents does out of their desperation for commission, thereby being insensitive to the customer requirements. Real estate business is all about building a rapport with the clients and referrals. If you do what is best for yourself, very less people will use your services. If you meet the client requirements, word of mouth increases and more clients will reach out to you.

Conclusion

Real estate business does not make you rich overnight. It needs lots of efforts and making your customer happy.These are some general real estate terms as reviewed by DC Fawcett which will be very useful for real estate investors.