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Illinois Real Estate Article
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Arizona Real Estate
from:Arizona is a popular destination get-a-way, especially for senior citizens making the purchase of Arizona real estate an investment opportunity waiting to be pursued. With the history, the numerous attractions and the great climate, investing in real estate in Arizona is an opportunity not to be passed up. Rather you invest in commercial buildings, an apartment complex or trailer park or single family dwellings there is sure to be something to help diversify your portfolio and meet your needs.
Finding a good real estate agent
The first step will be to find an Arizona real estate agent. Look for a local real estate agent where you are now if you do not live in the area you wish to invest in and ask them if they know anyone in that area. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to guide you. Once you have located a real estate agent take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help you purchase Arizona real estate is essential especially if you do not live in the town you are buying real estate in. You will need the agent you choose to be honest and trustworthy.
Learn these real estate investment strategies
Before you begin investing in Arizona real estate learn the various investment strategies that are commonly used. There are three investment strategies that are based on facts and generally have great results. The bargain purchase method is the first option. Investors who use the bargain purchase method when choosing a property pay twenty percent less than market value for the property. This allows them to make up to a twenty percent profit using this real estate investing strategy and is a great strategy to use when purchasing foreclosures. The second strategy is known as the increase value strategy. Using this strategy the building would be purchased at current market value. There must be some improvements that could be done within a six month time period that would increase the value of the building by twenty percent for this strategy to be successful. Finally, many real estate investors use the double digit cap rate. The double digit cap rate strategy is used for buildings that have a capitalization rate of ten percent or more. A capitalization rate is the net operating income from the property which is then divided by the purchase price. These are harder to find unless the market is depressed or you are looking into small market niches. Purchasing Arizona real estate is really not any different than purchasing real estate in your own hometown once you find the right real estate agent to work with.
Illinois Real Estate News
Diane Duggan of RE/MAX 1st Choice in Ottawa Named Administrative Professional ... - Virtual-Strategy Magazine
Diane Duggan of RE/MAX 1st Choice in Ottawa Named Administrative Professional ... Virtual-Strategy Magazine Diane Duggan, office manager at RE/MAX 1st Choice in Ottawa, Ill., recently was named Administrative Professional of the Year for 2011 by the RE/MAX Northern Illinois real estate network. The real estate agents who work with her in the Ottawa office ... |
Save The Date of June 2nd for Micoley Auctions' FDIC Online Real Estate Auction - Midland Daily News
Save The Date of June 2nd for Micoley Auctions' FDIC Online Real Estate Auction Midland Daily News Micoley Auctions will be hosting the fast-approaching FDIC Online Real Estate Auction ending on Saturday, June 2, 2012, featuring property in Wisconsin, Michigan, Illinois and Indiana. Now is the time to register as an online bidder. |
The Boulder Group Arranges Sale of a Triple Net Leased Bank of America ... - PR.com (press release)
The Boulder Group Arranges Sale of a Triple Net Leased Bank of America ... PR.com (press release) Northbrook, IL, May 25, 2012 --(PR.com)-- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant triple net leased Bank of America property located at 3010 South Kedzie Avenue in Chicago, IL for $3875000. |
RE/MAX Brokers Report Medical Providers Have Stepped Up Purchasing and Leasing ... - PR.com (press release)
RE/MAX Brokers Report Medical Providers Have Stepped Up Purchasing and Leasing ... PR.com (press release) Chicago, IL, May 25, 2012 --(PR.com)-- As the commercial real estate market recovers throughout Chicago and its suburbs, a pair of top brokers with the RE/MAX Northern Illinois real estate network pointed to one class of commercial buildings that are ... |
RE/MAX Names Northern Illinois Residential Top 20 for 2011: Chicago Real ... - PR.com (press release)
RE/MAX Names Northern Illinois Residential Top 20 for 2011: Chicago Real ... PR.com (press release) The RE/MAX Northern Illinois real estate network recently honored its associates whose 2011 residential sales achievements earned them coveted spots in the year-end Residential Top 20. Chicago, IL, May 24, 2012 --(PR.com)-- The RE/MAX Northern Illinois ... RE/MAX Brokers Report Medical Providers Have Stepped Up Purchasing and Leasing RE/MAX Brokers Report Medical Providers Have Stepped Up Purchasing and Leasing ... |