|Real Estate Information|
Time Is A Major Real Estate Wealth Growth Tool, So Use IT And Watch Your...
In Real Estate "Time" is a Wealth Development Tools
Real estate wealth,
From The Desk Of Colm Dillon
Hello, Colm here ...
In this report I use figures from my area of the world ... I know they don't apply all over the world, but they should encourage you to get the figures for yourself.
After all no report is going to make your money grow ... it's the knowledge you gain and "Your Application Of The Knowledge" that makes your financial wealth Grow.
In another report I gave you a concept I borrowed from Phil Ruthven, a truly wonderful speaker on economics, on how he looks at Home Ownership.
Now I want to look at the Tools we have available to help us Grow!real estate wealth,
So folks, if you want Real Estate Development, you must use all the tools available to you to get some. Of all the tools you have, the single most important one is TIME.real estate wealth,
1. Time is your greatest friend. Time to buy good investment property and let it double in value every 8 to 10 years or better.real estate wealth,
2. Federal Government Real Estate Investment Tax Deductions are another tool the Government uses to tell you in Words, Dollars and Cents that they want you to get wealthy so you can look after yourself to your final days. real estate wealth,
3. Correct Financial tools are also vital to your wealth development. See my report of Finance. I will go into some further detail in this section on the use of Evergreen Lines of Credit and how they work.
4. Good Real Estate Management is the next tool. Well-managed and well-maintained real estate investments, that houses good quality tenants is also essential. Trying to do this work yourself, is a mistake. See my report on Property Management. real estate wealth,
In Australia, it has been instilled in our consciousness, that we must all own our own home. And there is nothing wrong with the concept. It's just that we should have been told to rent it out; Don't live in it.
By buying a house TO LIVE IN, while we are young, we are wasting the wealth creating tools of Time, Double Income, (if married) Property Income and Tax Deductions. No wonder so many people have to play catch up later in life. real estate wealth,
So the first clue to Real Estate Wealth Development is don't buy a residential property for you and you partner to live in. You buy a house as an investment and you rent elsewhere.
Growth Tool No. 1 - Time
Time is your greatest friend. Real Estate is a long-term investment and by being loyal to it, the real estate will reward you handsomely all through your life. real estate wealth,
You can prove this to yourself, as I did, by getting the figures of average house sale prices, from the Australian Bureau of Statistics for Brisbane, the largest City in Australia.
To save you the trouble I got the figures and I painstakingly went through them in order to validate the old wives tale that, "real estate doubles every seven years."
Well, it does better than that, you'll be pleased to know.
I was able to get the figures from 1973/74 to 1994/95. I think I started there because that was when I arrived in Brisbane on transfer from Melbourne. real estate wealth,
That is a twenty-two years period, during which we had several credit squeezes, a few recessions and a few good times as well.
In 1973/74 an average house price for the whole of Brisbane was $23,234.00. That average includes the best and worst house and suburb.
Seven years later, in 1980/81, it was $43,470.00 an increase of 87%.
However by the next year, the eight-year, it had risen to $56,757.00 giving an increase of 144% from 1973/74. So you see that it more than doubles by the eight year. real estate wealth,
Going on a further seven years from 80/81 to 87/88, the $43,470.00 went up to $83,679.00; a further 92%.
Interestingly, going on one more year to the eight year, it had again increased to $113,917.00 giving an increase of 162% from 1980/81.
A further seven years from 87/88 to 94/95, the price of the average house in Brisbane went up to $163,325.00; a further 95% increase. real estate wealth,
Unfortunately the Bureau amalgamated the Shires of Logan and Caboolture into this statistical base and I could not extract the figure for the eight year.
However on the evidence of the previous 22 years I believe it is safe to assumethe increase would be at least 5% making it an increase of 100%. real estate wealth,
So these figures prove that over a period of 22 years the asset has increased by seven times its original value and all you would have to do is buy it at the beginning.
I hope this gives you some idea of why TIME is so important to growth. And remember that I am talking about average prices, I am not talking about hot inner suburbs that will obviously do much better.
If you REALLY understand these figures; you should ask yourself why you are willing to miss out on buying good real estate by stopping negotiating for the sake a few hundred or a few thousand dollars. I've seen this done many times because of stubborn-ness. Crazy! real estate wealth,
For goodness sake it's the Real Estate Asset that is in short supply; not money. If you have found real estate that fits your criteria; BUY IT!
The Real Estate Development Coach
Copyright Colm Dillon, October 2003
Colm Dillonauthor of "Residential Development Made Easy" the only 'How To' Become a Developer eBook, selling in 38 Countries, has developed $1.2 Billion worth of real estate - read more on his web site http://realestatedevelopmentcoach.com/realestatedevelopment.html
Dubai's real estate activity is 'impressive' despite the virus, property developer says following fall in sales - CNBC
Dubai's real estate activity is 'impressive' despite the virus, property developer says following fall in sales CNBC
Pandemic no match for Lincoln real estate market Lincoln Journal Star
Basalt real estate group purchases bankrupt Lakota Canyon Golf Club - Glenwood Springs Post Independent
Basalt real estate group purchases bankrupt Lakota Canyon Golf Club Glenwood Springs Post Independent
The Investor | How China's biggest cities are catching up in real estate transparency - The Investor JLL
The Investor | How China's biggest cities are catching up in real estate transparency The Investor JLL
REAL ESTATE TRANSACTIONS Arkansas Democrat-Gazette
What's Next: In real estate, worst fears haven't come to pass — so far Crain's Detroit Business
Real estate records, 8/9 | Real Estate Records | journalstar.com Lincoln Journal Star
Natixis Names Americas Real Estate Co-Heads ConnectCRE
Commercial real estate highlights Richmond.com
Here are the latest real estate trends in Lewisville-Highland Village-Flower Mound - Community Impact Newspaper
Here are the latest real estate trends in Lewisville-Highland Village-Flower Mound Community Impact Newspaper
Real Estate Briefs: Broadstone Upper Westside; Coldwell Banker Realty; Gary named top agent - Atlanta Intown
Real Estate Briefs: Broadstone Upper Westside; Coldwell Banker Realty; Gary named top agent Atlanta Intown
RPT-Wall St Week Ahead-Bargain-hunters look to U.S. real estate stocks as S&P nears records - Reuters
Orr joins United Real Estate Solutions Sioux City Journal
Lake Tahoe real estate brokers see wave of home buyers from big cities KTXL FOX 40 Sacramento
Real Estate Guide: See This Affordable 3/2 in Baker Ranch San Angelo LIVE!
The Investor | Watch: How global real estate markets felt the impact of COVID-19 in H1 - The Investor JLL
The Investor | Watch: How global real estate markets felt the impact of COVID-19 in H1 The Investor JLL
Real Estate Q & A | Real Estate | gjsentinel.com The Grand Junction Daily Sentinel
Zillow CEO: Real estate market is beginning 'great reshuffling' as people seek more space at home - CNBC
Zillow CEO: Real estate market is beginning 'great reshuffling' as people seek more space at home CNBC
La Crosse County real estate transfers for Sunday, August 9 La Crosse Tribune
June 2020 Real Estate & Rental Report: Impacts of Pandemic Beginning to Show in Rental & Sales Markets - evilleeye.com
June 2020 Real Estate & Rental Report: Impacts of Pandemic Beginning to Show in Rental & Sales Markets evilleeye.com
Are New York's real estate agents perpetuating inequality? Crain's New York Business
Longmont-area real estate, commercial deals; Aug. 9, 2020 Longmont Times-Call
L.A. could cancel real estate projects tied to corruption Los Angeles Times
Condo in Hammock Dunes the top real estate seller Palm Coast Observer
Real Estate Booming in Ocean City OCNJ Daily
Routt County real estate sales total $22M for July 31 to Aug. 6, 2020 Steamboat Pilot and Today
COVID-19 is Puzzling Work For Real Estate Lawyers Commercial Observer
BREVARD REAL ESTATE REPORT: Homeownership Rate Continues to Rise in 2020 Despite Challenges - SpaceCoastDaily.com
BREVARD REAL ESTATE REPORT: Homeownership Rate Continues to Rise in 2020 Despite Challenges SpaceCoastDaily.com
Recent Commercial Real Estate Transactions The New York Times
Paso Robles real estate company hosts back-to-school shopping spree for children in need - KSBY San Luis Obispo News
Paso Robles real estate company hosts back-to-school shopping spree for children in need KSBY San Luis Obispo News
Getting Ready: How Hurricane Season Can Affect Real Estate Transactions | Daily Business Review - Law.com
Getting Ready: How Hurricane Season Can Affect Real Estate Transactions | Daily Business Review Law.com
New real estate developments in the city aren't dead, a report from Development Site Advisors says - Crain's New York Business
New real estate developments in the city aren't dead, a report from Development Site Advisors says Crain's New York Business
LA Could Kill Developments Tied to Corruption Under New Proposed Ordinance Commercial Observer
Investors buy more San Jose real estate after Google village deal The Mercury News
Janet Powers joins Rosendale Realty | Real Estate MyEasternShoreMD
Real-Estate Agents Feel the Heat The Wall Street Journal
Forfeiture Sought for $70M in US Real Estate Tied to Ukrainian Oligarchs | Daily Business Review - Law.com
Forfeiture Sought for $70M in US Real Estate Tied to Ukrainian Oligarchs | Daily Business Review Law.com
Who's Who in Residential Real Estate 2020 Buffalo Business First
Top 10 Brooklyn Real Estate Listings: A Secret Garden in Gowanus, a Roomy Condo in Cobble Hill - Brownstoner
Top 10 Brooklyn Real Estate Listings: A Secret Garden in Gowanus, a Roomy Condo in Cobble Hill Brownstoner
SmartCentres Real Estate Investment Trust (CWYUF) CEO Peter Forde on Q2 2020 Results - Earnings Call Transcript - Seeking Alpha
SmartCentres Real Estate Investment Trust (CWYUF) CEO Peter Forde on Q2 2020 Results - Earnings Call Transcript Seeking Alpha
Real Estate and Title Recordkeeping Platform, Ubitquity, to Create Solution for Issuing Blockchain based Tokens Representing Property Titles for Rainier Title - Crowdfund Insider
Real Estate and Title Recordkeeping Platform, Ubitquity, to Create Solution for Issuing Blockchain based Tokens Representing Property Titles for Rainier Title Crowdfund Insider
Real Estate Asset Tokenization: What You Need To Know Yahoo Finance
Real News | Real Estate | gjsentinel.com The Grand Junction Daily Sentinel
Feds investigating massive suspected Marin County Ponzi scheme involving dead real estate investor - San Francisco Chronicle
Feds investigating massive suspected Marin County Ponzi scheme involving dead real estate investor San Francisco Chronicle
Commercial projects taking shape across the Grand Valley The Grand Junction Daily Sentinel
Largest real estate transactions in Dauphin County in first half of 2020: school, nursing home and hotels swi - PennLive
Largest real estate transactions in Dauphin County in first half of 2020: school, nursing home and hotels swi PennLive
“Blank-check” companies make a comeback in real estate The Real Deal
Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q2 2020 Results - Earnings Call Transcript - Seeking Alpha
Ares Commercial Real Estate Corp. (ACRE) CEO Bryan Donohoe on Q2 2020 Results - Earnings Call Transcript Seeking Alpha
Foreign buying of American real estate plunged before the coronavirus pandemic — and experts say it’s only going to get worse - MarketWatch
Foreign buying of American real estate plunged before the coronavirus pandemic — and experts say it’s only going to get worse MarketWatch
Triangle commercial real estate: few deals, but one big one Raleigh News & Observer
Housing market skirts coronavirus crisis as sellers use 3D virtual tours to find eager buyers - CNBC
Real estate transactions: Aug. 5, 2020 The Recorder
Real-estate transactions: Aug. 7, 2020 - News Peoria Journal Star
Charlotte CEO's $3.6M estate hits market (PHOTOS) Triad Business Journal
Real-estate reckoning on ‘master bedrooms’ as a racist term took place after years of discussion — yet many home builders dropped the term years ago - MarketWatch
Real-estate reckoning on ‘master bedrooms’ as a racist term took place after years of discussion — yet many home builders dropped the term years ago MarketWatch
How to Navigate the Coronavirus Real Estate Market The New York Times
The Jersey Shore real estate market is sizzling during coronavirus crisis. Here’s how fast houses are selling. - nj.com
The Jersey Shore real estate market is sizzling during coronavirus crisis. Here’s how fast houses are selling. nj.com
Governor Cuomo Signs Legislation Giving State Authority to Revoke Real Estate Licenses Under Violations of Human Rights Law - ny.gov
Governor Cuomo Signs Legislation Giving State Authority to Revoke Real Estate Licenses Under Violations of Human Rights Law ny.gov
How to Choose the Right New York City Suburb The New York Times
Real Estate Staying Strong InvestorPlace
Poconos real estate market heating up WNEP Scranton/Wilkes-Barre
The Biggest Bedroom Is No Longer a ‘Master’ The New York Times
How Well Is the Real Estate Market Recovering? The New York Times
Selling A Home - What Attachments Stay or Go?
The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operation.
Title Insurance - Examples of Problems and Advice
What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn't the attorney or settlement company handling the closing see to it that you have a clear title? Isn't this just another way for someone to siphon a few coins off a real estate transaction?Title InsuranceTitle insurance prevents the property owner from suffering financial loss if, at any time during his ownership of the property, someone comes along who can show that they have full, or partial, ownership of the property instead. Every mortgage lender I'm aware of requires title insurance be purchased to cover the amount of the mortgage.
Investing In Commercial Property
Investing in commercial property is well beyond the financial means of most people. Few can afford the large sums of money involved in buying commercial real estate.
Using Transformation Psychology to Sell Investment Properties
Satisfying and lucrative real estate investment depends upon your correct assessment of profit potential, of course, but your ultimate success depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits.
Farm Expired Listings For Big Commissions
Many real estate agents begin and sometimes sadly end their careers without a plan. And as the saying goes, failing to plan is as good as planning to fail.
Selling Your Home - A FSBOs Guide to Keeping It Safe
Sellers need to keep their safety in mind when prospecting potential buyers. The real estate industry has seen a problematic climb in assaults towards realtors, and so is the concern for those who are selling their own homes.
How To Buy Property in Spain Safely
Buying property abroad is not an undertaking one should embark upon lightly! It is not wise to assume that the entire purchase process will follow the rules we're used to 'back home' and generally speaking there are usually a whole new set of rules and regulations, traditions and traps to learn, understand and watch out for.Spain is absolutely no exception and has a tangled web of laws and legislation seemingly designed to trip up an unwary real estate buyer.
Choosing a Realtor
Purchasing a property, either as an investor or as a prospective homeowner can be one of the most exhilarating and frightening experiences of your life. In both situations it is imperative that you find just the right property at the right price.
Selling Your Home: 5 Deal Killers That Are Lurking In Older Homes
You've listed your home for sale, you have a Buyer and now their Inspector is performing an inspection. You think you have a pretty good home, but do you really know for sure? What is he finding? Why is it taking so long? Here are 5 deal killers to watch out for when selling your home.
Do You Want To Sell Your Rehabs Fast?
That's an obvious question - we all do! So what is the trick? So much time and money is spent on systems updates, roofs, and structural issues, that many times there's nothing left for what really makes the sale: what your potential buyers see. And more importantly, what they fall in love with.
Buying a House in Scotland
Buying a house in Scotland is slightly different from buying a house in other parts of the UK. It's not particularly complicated, and buying north of the border can often be quicker, but for those relocating from England and Wales there are a number of points you need to bear in mind.
Flipping Houses for Gold: Three Tips to Help You Find the Perfect Fixer
Many real estate investors enjoy "flipping houses," or buying and selling houses quickly for profit. Not all flips are fixers.
Landlords Dance The FICO Fandango
Fair Isaac Corporation is the creator of the FICOcredit score that is used today by most lenders toevaluate consumer credit risk. FICO scores rangefrom a poor credit low of 500 to a best credit ratingof 850.
Want A $10,000 House?
How do you find a house for ten or twenty thousand dollars? In three steps:1. Find towns that are affordable.
The Great Real Estate Bubble Quiz
You hear it asked on the radio, in the newspapers and on TV."Are we experiencing a value bubble in real estate and is itready to burst?"Do you have an answer for that question? Do you have a guess?Yes, I know the so called experts are lining up on both sides of the question.
Fixer Uppers: Dont Make This Mistake
Making money with "fixer-uppers" isn't about repairing drywall or planting flowers. It's about using the right approach from the start.
Real Estate Tax Incentives
Lower Your TaxesTax incentives for real estate investors can often make the difference in your tax rates. Deductions for rental property can often be used to offset wage income.
Talk to a Lender Before You Sell Your Home
If you're looking to sell your home quickly, and for top dollar, the best thing you can do is to be able to offer your buyers some sound financing options. That's why developing a relationship with a lender can be the key to a quick sale, and to more money at closing.
Sell Your Income Property For More
Selling income property isn't like selling a house. You can paint a house, and get a little more because it looks nice.
Real Estate Investing and Home Ownership
If you already own your home, you will probably make money in real estate without ever buying another property.The home you are currently buying with a mortgage is probably one of the most valuable appreciating assets you will ever own.
|home | site map|
|© 2006 TIGER MEDIA|