Do You Want to be a Successful <b>Real Estate Investor</b>? - Real Estate <b>...</b> | Real Estate Investing |
- Do You Want to be a Successful <b>Real Estate Investor</b>? - Real Estate <b>...</b>
- NYC <b>Real Estate</b> is Still the Safest Bet for Foreign <b>Investors</b> <b>...</b>
- <b>Real Estate Investing</b> Has Come of Index Age | RealClearMarkets
- <b>Real Estate Investing</b> 102: A Model For Evaluating <b>...</b> - ChicagoNow
- Passive Income <b>Real Estate Investing</b> | What's Really Important?
| Do You Want to be a Successful <b>Real Estate Investor</b>? - Real Estate <b>...</b> Posted: 20 Oct 2010 08:54 AM PDT
Wealthy Real Estate Coach Seeks 6 New Apprentices
Wealthy Real Estate Mentor Seeks 6 New Apprentices Phil Pustejovsky, Legendary Real Estate Coach Are you looking to become a successful real estate investor? Are you hoping real estate will give you a life of financial freedom? Here's some news for you…real estate can make you a fortune and lead you to a life of freedom! But it can also be full of pitfalls and dangers. Many would-be investors struggle and never reach their goals. They try and try and try, wasting valuable time, energy and resources, doing the wrong things. Then, they get discouraged and some even give up. Why does this happen? Why do some fail while others succeed in real estate? The ones that fail go it alone. They try to make it in real estate doing everything on their own. It's the biggest mistake real estate investors make! I should know. I did the same thing when I first got started. And it landed me homeless, living out of my truck. As you know, now I live in a waterfront mansion in Florida. How did I get there? A real estate mentor. He took me by the hand and showed me, step by step, how to become a successful investor. Here's the lesson to take from my story, get a real estate mentor as fast as you can. Going it alone is the biggest mistake you can make.
Your OpportunityRight now I am are looking for a few more coachable and trainable people to mentor to financial freedom through real estate investing. Many of my recent apprentice program graduates are now extremely successful and do not need my day to day help. That's why, for a limited time, I have a few openings for some new apprentices. This is a very selective group and therefore only a few will be accepted. This is your once-in-a-lifetime opportunity to become a successful real estate investor faster and easier than you ever thought possible!
What's In It For You?
Why You? Why Now?
Do You Have What it Takes to Be My Next Apprentice?If the list below describes you, then you may be a great candidate for this program.
Here are a Few Recent Apprentice Program Graduates…
Testimonials Disclaimer: The Federal Trade Commission's newly revised Guidelines Concerning the Use of Endorsements and Testimonials in Advertising which became effective December 1, 2009 require the following disclaimer with regard to the endorsements and testimonials included in this site: None of the endorsements or testimonials included on this site depict earnings, revenue or profit results that a consumer should generally expect to achieve by using the advertised products or services. They only demonstrate exceptional results and are not intended to guaranty or to suggest that you will obtain similar results. The earnings, revenue and profit results which a consumer will generally achieve in circumstances similar to those depicted in the endorsements and testimonials on this site depend on many factors and conditions, including but not limited to, work ethic, learning ability, use of the products and services, business experience, daily practices, business opportunities, business connections, market conditions, availability of financing, and local competition, to name a few. Because of impediments due to any one or more of the foregoing and other factors, it is generally expected that no earnings, revenues or profits will be achieved with the use of any products or services advertised on this site in circumstances similar to those referenced in any endorsement or testimonial.
As My Apprentice, Here's Just a Few Things You'll Master…
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| NYC <b>Real Estate</b> is Still the Safest Bet for Foreign <b>Investors</b> <b>...</b> Posted: 20 Nov 2014 09:18 AM PST
The purchase, slated to close on Dec. 31, marks the first real estate acquisition in the U.S. by Anbang, which is reportedly planning an initial public offering that could raise about $2 billion. Norman Sturner, the president and chief executive officer of MHP Real Estate Services, said the Waldorf deal was about getting money out of China and "burying it in America," while speaking on a panel, moderated by this reporter, at the NYC Real Estate Expo this month. Mr. Sturner also said he recently heard about Iraqi and Ukranian money coming to New York. He later explained to Commercial Observer that MHP received calls "from two separate investment advisers purporting to represent both of those countries seeking opportunities in New York City real estate" when it was announced that his company was part of a joint venture buying 180 Maiden Lane for $470 million. Foreign money being poured into New York City trophy assets isn't a new phenomenon. As far back as the 1980s, the Japanese were making such big real estate plays in the U.S., said Phil Feder, a partner in the real estate department at international law firm Paul Hastings at an October media roundtable titled "Asia Outbound Investment in U.S. Real Estate." But the pace by which foreigners, especially the Chinese, are pumping money into the New York City commercial market has been steadily climbing. "China's the big winner in terms of leading foreign investment lately in New York City," said Kenneth Weissenberg, a tax partner and co-chair of the Real Estate Services Group at EisnerAmper. "The central government in China I think is encouraging Chinese firms to invest overseas. The United States is a very stable environment, has strong currency, a strong real estate market and compared to prices in the rest of the world, what we consider expensive is a bargain." Since January 2013, Asian buyers have spent $175 million on multifamily assets alone in New York, according to research from CBRE released last month.  CHECKING IN: A Chinese insurer is buying the Waldorf. At the end of last year, JPMorgan Chase & Co. sold 1 Chase Manhattan Plaza to China's Fosun International for $725 million. And Hong Kong-based Jynwel Capital and the Witkoff Group teamed up to purchase the Helmsley Park Lane Hotel from the Leona M. and Harry B. Helmsley Charitable Trust for $660 million. Other deals of note within the last year include Forest City Ratner signing a contract to sell a majority stake in Atlantic Yards, recently renamed Pacific Park Brooklyn, to Shanghai's largest state-owned developer, Greenland Holding Group. Early this year, China Vanke, the largest residential real estate developer in the People's Republic of China, Hines and RFR Holdings broke ground on a 61-story residential condominium at 610 Lexington Avenue between East 52nd and East 53rd Streets. While China has emerged recently as one of the most active groups of real estate buyers in New York City, the largest investor in U.S. property is actually Canada across all asset classes, according to a number of sources. And that's been the case for a number of years. This summer, the Canada Pension Plan Investment Board paid $108 million to increase its stake in 1 Park Avenue through a joint venture with Vornado Realty Trust. Norway has become the second most active foreign buyer of U.S. real estate, Bloomberg news reported. Norway's sovereign-wealth fund, the world's largest such fund, acquired a $1.5 billion stake in three Boston Properties towers in the U.S., including a 45 percent stake in 601 Lexington Avenue, formerly known as Citigroup Center, in September, the publication noted. At the beginning of the year, it was reported that Singapore'S GIC Pte Ltd., a sovereign wealth fund of the Government of Singapore, partnered with Abu Dhabi Investment Authority and the Related Companies to purchase 1.1 million square feet of office space in the Time Warner Center for $1.3 billion. Why so much interest in New York City real estate from these foreign investors? Fred Berk, a partner and real estate leader at Friedman LLP, described New York City as "a safe haven." David Mond, a managing partner of New York City CPA firm Adelman Katz & Mond, noted: "There's been an increase because of the uncertainty throughout the world. Off-shore investors want to park their money for the stability of the U.S. economy. People rag on it, but that's why people want to invest here." Other reasons for investing in New York City properties vary. "Sometimes it's kids here in the U.S. for school, sometimes it's just for investment and sometimes it's a safety net against currency and turmoil in home states," said Maury Golbert, the chair of Berdon's Real Estate Services Group. To meet the growing demands of its foreign clients, Berdon, an accounting and advisory firm, recently started marketing its offshore services as "Business Management for Offshore Owners of U.S. Real Estate." Rob Gilman, co-chair and partner of the real estate practice at Anchin, Block & Anchin, said that people in a lot of other countries would rather "overpay here" than keep their money in their own country. Mr. Gilman handles syndicated deals in which overseas buyers forge partnerships with American entities for U.S. real estate purchases. Returns are not the focus of many of these acquisitions. "Given the low cap rates that some of these investors have been purchasing properties for, returns are secondary to them," said Ryan Dudley, a partner and leader of the International Services Group and International Tax Practice at Friedman LLP. "They want to invest a portion of their wealth in a jurisdiction that provides them with safety of their principal along with long-term earnings and capital appreciation potential." When it comes to Asia, the recent relaxation on the insurance companies has allowed for them "to expand their investment in growth data in foreign countries," said James Han of Paul Hastings at the media roundtable. Also, the Chinese government is now encouraging Chinese companies to invest abroad, and Chinese people are incentivized by the EB-5 immigrant investor program, which grants foreign investors green cards in exchange for job-creating investments of at least $500,000 in the U.S. The barriers to entry for foreigners investing in U.S. real property relate to U.S. tax issues rather than issues in their home countries, a couple of accounting experts said, as most countries do not impose capital gains taxes. "For most countries in the world, a sale of assets does not generate tax on the capital gains, but in the U.S. gains are subject to tax," Mr. Weissenberg said. "For an overseas investor in the U.S., U.S. taxes can be a significant barrier." Despite any hurdles, foreigners are not losing steam in purchasing New York City real estate any time soon. "Historically, larger and institutional foreign buyers have been very comfortable purchasing Class A commercial office buildings and we see that trend continuing," said Adam Lazarus, a CPA and partner at Citrin Cooperman. "However, we do recommend diversification within the market and expect to see more activity in the multifamily and retail areas as well." Follow Lauren Elkies Schram or via . | ||||||||
| <b>Real Estate Investing</b> Has Come of Index Age | RealClearMarkets Posted: 18 Nov 2014 07:14 PM PST | RECOMMENDED ARTICLES
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| <b>Real Estate Investing</b> 102: A Model For Evaluating <b>...</b> - ChicagoNow Posted: 20 Nov 2014 04:48 AM PST  By , November 20, 2014 at 6:48 am  If my previous post was real estate investing 101 (where I explored various metrics used to evaluate investment opportunities) then this must be real estate investing 102 since I'm looking at a more comprehensive evaluation model that incorporates many of those (only the good ones) same ideas. Let's start with a comprehensive list of factors to consider in a rigorous economic analysis of a potential investment property. Ideally an investor would make assumptions for each of these line items in evaluating an investment property.
The investor would then put together several years of projections based upon these assumptions and these projections would include the following results:
You might also calculate simple metrics like Gross Rent Multiplier just so you can look for correlations between those simple metrics and the more sophisticated ones that really matter. In order to facilitate this analysis I created a spreadsheet for our more sophisticated investors to use in preparing these projections. And the lack of legibility is intentional. I don't want to facilitate reverse engineering. The yellow cells are where the assumptions go and the green rows show the more important results. One of the points that this spreadsheet highlights is that the results vary over time. For instance, return on equity goes down as equity builds and so does after tax cash flow as the interest deduction diminishes. That's why investors need to periodically evaluate refinancing or selling their properties. If a new property can provide better results than an existing property it's time to make a change. The next time I look at real estate investing (I guess it will be real estate investing 103) I will look at the effects of mortgage rates, inflation, and leverage on investment results. #realestate #realestateinvestments #realestateinvesting If you want to keep up to date on the Chicago real estate market, get an insider's view of the seamy underbelly of the real estate industry, or you just think I'm the next Kurt Vonnegut you can Subscribe to Getting Real by Email. Please be sure to verify your email address when you receive the verification notice. Filed under: Real estate investing Tags: Real estate investing | ||||||||
| Passive Income <b>Real Estate Investing</b> | What's Really Important? Posted: 18 Nov 2014 07:00 AM PST What is really important when it comes to evaluating and choosing between income investment properties? There are many factors that come into question when looking for income investment properties. For new real estate investors, these factors can become a distraction. Over analyzing is one of the biggest aspects investors need to learn how to avoid. Others get taken on expensive detours due to chasing the wrong features. Having said that, are new properties better than existing ones? How important is property condition? Are multifamily apartments really better than single-family homes? What priority should taxes be given in the decision? Does property value even matter if you are investing for cash flow? These questions and decisions can be seriously counterproductive, and often rob newer real estate investors of the ability to get started. Let's rip through some of these hurdles so that you can get right to investing in the properties. Property Condition: New Vs. Existing Homes The debate over whether new or existing homes are best for income investing can often get heated. There are fans of both. Both can have their pros and cons. New homes and condos look shiny, can be customized, might mean less maintenance for a while, and can look good in rental ads. However, they might be tougher to rent, start investors off in negative equity, and yield less cash flow. Existing homes can offer a lot more value, mature rental neighborhoods, and allow wider spreads. There are even new hybrid options in acquiring recently renovated and remodeled homes for less than the price of new – offering the best of both worlds. Single-Family versus Multifamily Rental Properties There are many debates over whether single or multifamily properties are better for passive income seeking investors. Large funds are often restricted to large apartment buildings, due to their structures. Even some mid-sized investors find it to be less work to put all their cash into more expensive apartment complexes rather than sniping and honing in on what may be more profitable individual units. For smaller, individual and mid-sized real estate investors, single-family rental homes can have many advantages too. The spreads can be better, individual units can be easier to dispose of for higher profit margins, and the built in diversity can go a long way in ensuring long term success. The Most Important Factor in Income Property Investing Hands down, without fail, the single most important thing for rental property investors is the numbers. In one sense, it really doesn't matter what the property looks like, its location, or if it is a single-family home. None of it matters if the numbers don't work. On the other hand, if the numbers are there, it can make sense, even if the property itself might not be the most dazzling. In fact, appearances can be a significant trap when it comes to income property investing, and real estate investing in general. Even brand new properties, selling for tens of millions of dollars, can have major structural issues. Trophy and dream properties can also make terrible investments when they cause real estate investors to make emotional or ego based decisions rather than sound financial ones. These properties can cause investors to overpay and to hold onto them too long. Put the numbers first. Know your primary goals and priorities in investing and use those as your checklist. For most private investors reading this, income is a priority. So which properties will deliver the best income? Taxes, Asset Values & Income Property Performance Taxes, return of investment, consistency of performance, and values are also important factors that warrant your attention. Taking taxes into consideration upfront can make a massive difference in net results and gains. More important than return on investment, is return of investment. No promise of record breaking returns will matter if the principle is evaporated. It is critical to verify assumptions and statements, factor in all expenses including reserves and inflation, and to secure a great property management company that will ensure cash flow is optimized. Appreciation and equity growth can be great bonuses, but are definitely second or third on the list of factors to watch. If held long enough, all properties will experience value fluctuations. What is most important is where the value is likely to be when you plan to liquidate. The dips and peaks in between may be completely irrelevant. So look for the best income producing properties if that is what you desire. Watch the numbers first, and find the properties which check the boxes, rather than looking at properties and trying to force numbers to work. |
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