Should You Really Invest Your Hard Earned Money In Real Estate

Many people are scared to take chances but the ones who aren’t are the ones who emptied their savings and 401k’s and invested their money in real estate. Their now getting cash flow, hopefully taking advantage of the tax breaks that come with investing in real estate and best of all, they don’t have to worry about some corporation running their life savings into the ground.

Now it may sound easy, but there are steps to take to make sure that you invest your hard earned money right.

First off, I don’t suggest working with a real estate agent. They are great and they have a job to do but most of them are still stuck in the retail world of real estate. That world ceases to exist now. A huge percentage of real estate purchases are from cash buyers.

What you need do is hook up with an experienced real estate investor like myself that will take your hand and show you how the market works.

Some potential investors get in this business without anyone to guide them but end up getting way over their head because they simple don’t know what they’re doing. This is what causes many to say it’s a scam.

With companies closing down left and right, 401ks are no longer safe. This along with the shaky stock market can take away what you’ve worked all your life for.

As for saving, banks are closing down and yes your money is backed by the US, but truthfully, how long can they do this?

Investing in real estate is the safest way to invest because you don’t have to worry about some big corporation having control over your assets and you get plenty of tax breaks when done right.

If you own enough properties, you can get enough income to support your lifestyle and this is while you’re sitting at home. You can have property management firms control all aspects of you properties for a small percentage which physically removes you from the property.

Start small though. Buy a few while working with the right investor and see how it works for you. After seeing how profitable it is, you’ll be well on your way to building a massive real estate empire. How do you think Donald Trump started?

Real Estate Investing In Mexico

Mexico is CHEAP! But its getting more expensive. As property values rise, especially in resort areas, investors wonder how they can profit from this.

Compared to major US cities, Mexico is still very very cheap. But compared to 5, 10, or more years ago, values have really risen.

There are some particulars to pay attention to with Mexican property purchases. For instance, Mexico forbids foreigners from owning land in resort areas. This is worked around by shares in a development, partnerships, or strata arrangements.

Foreign ownership is limited only in the “restricted zone,” land located within 100 km of the Mexican borders, and within 50 km of the coastline.

Instead, a real estate trust must be set up to hold title for the foreigner. Since foreigners are not able to enter into contracts in buy real estate, they must have a bank act on their behalf, much as a trust is use to hold property for minors because they also can not contract. Potential buyers should always get advice and have all real estate transactions overview by a licensed Mexican attorney.

Mexican real estate transactions are not carried out in the same manner as United States real estate transactions. The buyer must retain professionals to assist in the transaction. Mexico has yet to regulate real estate transactions. Real estate agents and brokers are not legally licensed in Mexico. Consequently, a foreign buyer cannot always depend on the normal safeguards that would be applied to real estate transactions in the United States. The old saying “let the buyer beware” is very appropriate. Anyone can set up a real estate company in Mexico. There are no special requirements or brokerage licenses to obtain. A would-be real estate agent merely has to establish a Mexican corporation, obtain a work visa, and he is in business.

As a rule, a foreigner should assume nothing. Was THAT enough of a warning to make sure to get good legal assistance in your transactions??

The best part about investing in Mexico is the proximity to North American investors. You can vacation and view your property, even stay in it if it is not occupied. Mexico has become North America’s playground, so it is likely that you would return every few years.

Anywhere in Mexico that there are tourists, there are vacation properties and property management companies. And realtor’s to re-sell your property when you wish to take your profits!

Your best bet is to travel to Mexico, find an area that YOU really like, and will return to again and again, happily. Then you get a two fold benefit from your investment – it draws you back to your version of paradise as well as hopefully making you money!

How a Commercial Real Estate Broker Can Help You

Commercial real estate is a booming business; however, whether you are buying or selling commercial real estate, chances are that you are going to need a bit of help. A good real estate broker can be invaluable to you, and they can provide you with a great deal of help that no one else could ever give to you. If you want to have a successful career in the commercial real estate business, then more than likely you will need to work with a commercial real estate broker from time to time. The following are some of the great ways that a commercial real estate broker can be of help to you.

Local Land Values

Having a commercial real estate broker working with you can be very helpful when it comes to local land values. As an investor, you may not always be investing in commercial real estate that is in your area, and it can be hard to find out what the land values are in the area that you are considering investing in. When you work with a commercial real estate agent, they usually have a good grasp on local land values and can help you make good decisions based upon this information. This saves you having to do a great deal of research on your own to find out the same information.

Access to City Officials

If you have been working in the commercial real estate field long, you know that there are many times in this line of work when you have to deal with various city officials. At times this can be difficult, since you may not be familiar with them and you may have a hard time finding time to speak with them. When you work with a commercial real estate broker, many times you will find that they already have direct access to the city officials, which can expedite your deals much of the time.

Negotiation and Constructing Offers

Another great reason to have a commercial real estate broker is that they can do a great deal of the negotiating for you on a deal. It is usually better to have a broker as a go-between instead of dealing directly with the other person in a deal. A broker can usually more effectively negotiate the terms of a deal. They can also help you to construct offers as well so that you will be able to present a good offer on a piece of commercial property.

Exit Strategies

More than likely there will be some point in time when you will find it imperative that you get out of a commercial real estate deal. This can be hard to do on your own, but when you have a commercial real estate broker to help you, then can help you to come up with a solid exit strategy if you need it. When you get out of a deal, you need to have a great strategy that is totally legal, or you may end up losing a great deal of money. Having the commercial real estate broker there to help you can ensure that you exit the deal in a legal way that will not hurt you as well.

Referrals to Other Professionals

Commercial real estate brokers can also be of help to you by referring you to other professionals that can be helpful to you as well. This is especially great if you are new to the commercial real estate industry, you have just moved into a new area, or you are investing outside of the area when you live. It can be difficult to find good professionals to work with, such as lawyers, contractors, inspectors, and engineers. When you are dealing with a commercial real estate agent that you trust, they can refer you to other people that you can trust as well. This saves you the hassle of trying to find some of these professionals on your own without anyone’s recommendations to go on, which can be disastrous in some cases.

Lenders

Another area that a commercial real estate broker can help you with is the financing for your commercial real estate purchase. These broker work with a variety of different lenders from day to day, and if you are looking for financing for your venture, more than likely they can steer you in the right direction. They may even know of some private lenders that may be of some help to you as well.

First Grab at Targeted Properties

Having a commercial real estate broker can be very beneficial to you because they can also allow you to have first grab at some targeted properties that they know of. No doubt there are times when you find a great property, only to find out that it is already under contract and you spoke too late. If the broker knows what you are looking for, they may be able to pocket the listing so you can have the first chance at it.

When you do find a great commercial real estate broker, it is important that you hold onto them. A great broker can be invaluable and can help you out in a variety of ways that will help make you successful in the commercial real estate market. Working together with the same great broker over and over can be mutually beneficial to both of you. They will get the rewards of your business, and you will be able to enjoy the many benefits of working with an excellent commercial real estate broker that you can trust. When you find a good broker, they are definitely worth the money that you will pay out to use them.