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  • December 15, 2010

    Parkbridge Capital and Successful Real Estate Investing

    Category: Real Estates — admin @ 11:32 am

    While the state of the economy has made numerous potential investors skittish, many with years of experience in real estate are bullish about today’s investment opportunities. “While great real estate investment opportunities exist in every economic environment, today it’s especially important to find niches that are low risk and more likely to bring in a higher return on investment,” says Lee Meekcoms, President of Parkbridge Capital Group (www.parkbridgecapital.com), a privately held real estate investment, acquisition, and brokerage firm. “Despite what we hear in the news, real estate continues to be a sound investment, when undertaken with the correct, risk-adjusted approach.”

    Today’s oft-repeated economic narrative is that, with encouragement from Wall Street investment bankers, lenders started playing fast and loose with credit risk and mortgages, enabling an unprecedented number of Americans to buy homes at prices beyond their means. Lenders packaged and sold these subprime mortgages, allowing banks to minimize the risk and resulting in individual and institutional investors gobbling up inadequately underwritten and rated mortgage-backed securities. As mortgage defaults rose, the ripples in the economy turned to shockwaves, and the Federal Reserve had to step in as giants like Bear Stearns began to topple.

    While Meekcoms acknowledges the country’s economic downturn, his 25 years of experience in the real estate industry greatly aid in capitalizing on societal trends. “One of the best bets in real estate today is the Baby Boomer side of life,” says Meekcoms. “The industry has recognized that Baby Boomers represent a huge demographic, but not all venues of real estate benefit equally from these prosperous individuals.”

    Meekcoms asserts that resort and retirement communities are advantageous Boomer-related real estate investments. His company, Parkbridge Capital Group, specifically focuses on RV resort properties and retiree-oriented manufactured home communities. “We’re seeing that an increasing number of cost-conscious Boomers are tweaking the ‘snowbird’ concept, and opting to vacation or live part-time in areas that are two or three hours from major metropolitan areas,” he says. “In addition, higher gas prices mean that people are spending less time on the road and more time at their destinations of choice.”

    Traditional Sunbelt destinations, such as Florida, Arizona, and Southern California remain popular, but other areas are open as well. “We’re seeing more ‘Winter Texans’ migrating to the Rio Grande Valley,” says Meekcoms, “as well as interest in summer resorts in New England, the upper Midwest, and the Pacific Northwest.”

    For instance, many view Florida as pricey; Meekcoms recognizes that the state’s geography makes even inland areas appealing. “Florida is, for the most part, a long, narrow peninsula, so you can be in the middle of the state and have only an hour and a half drive to the coast,” he says. “While the property prices are higher in the coastal areas, resorts are more favorably priced in the Panhandle, Ocala, Leesburg, and areas south of Orlando, all the way to the region surrounding Lake Okeechobee.”

    He notes that the return on investment doesn’t depend entirely upon the appreciation of property values. “These resorts and communities are income producing properties. Because many residents have year-to-year seasonal agreements, as demand in the marketplace increases, rents can concomitantly increase. Residents continue to receive an outstanding value, while investors get the return they seek,” Meekcoms concludes.

    October 20, 2010

    How to Profit from Real Estate in Dubai

    Category: Real Estates — admin @ 11:32 am

    Since the Crown Prince of Dubai made changes to his countrys constitution back in 2002 to allow for the foreign freehold ownership of real estate in Dubai, the real estate market in the emirate has gone crazy!

    Because there are no such things as taxes payable on income or property transactions in Dubai, and because the popularity of the emirate with hundreds of multinational corporations has created thousands of jobs in Dubai, everyone wants a piece of the property market.

    But because demand is so intense and property prices have been shooting sky high, how is it still possible to profit from real estate in Dubai?

    Well, youve got to know the market to know which developments are in demand from which people, and which people are willing and able to pay top pound for rental and resale property in Dubai then you just have to target your property purchase to meet the requirements of your market!

    Simple!

    First things first its important to know that those buying apartments off-plan in Dubai right now will have to wait for up to three years to see their properties completed. This means that those who have jobs in Dubai and want to relocate to the emirate right now will have to find completed accommodation to rent out.

    The demand for completed apartments close to Dubais main employment sectors such as Dubai Media City is so intense that annual rental rate increases have been capped by the government who were afraid the increasing prices being demanded would create an unaffordable market place.

    Anyone with the funds and the contacts should buy completed apartments in Dubai to let out for the short to medium term. When the majority of projects currently under construction come to completion within the next three years however, there will be a surfeit of apartment accommodation in Dubai which will restrict property price and rental price increases naturally.

    Those looking for a longer term real estate investment opportunity in Dubai and wishing to get ahead of the curve should be looking at family villa accommodation. Almost as in demand currently as completed apartments are family villas but far fewer of these are being constructed and far more of these will likely be required over the longer term. Furthermore with the creation of Dubailand well underway, villas to rent close to the main attractions of Dubailand for visitors to the theme park will quite possibly become as in demand as Florida villas.

    All in all the popularity of Dubais real estate sector is as intense as ever, but an investor nowadays has to be a little more astute than before if he is to continue profiting for the long term.

    September 22, 2010

    How to make a million pounds in real estate investment

    Category: Real Estates — admin @ 11:32 am

    How to make a million pounds in real estate investment

    I remember starting out as a real estate investor I had learned a very simple, yet mind-blowing strategy to make a million pounds in real estate. The concept was taught by Marshall Reddick, who is an avid real estate investor, and to date, he has over 200+ real estate rental properties in his portfolio.

    It could not have been said better than Marshall himself. To make a million pounds in real estate, you must:

    1. Borrower a million pounds
    2. Have someone else pay it back for you

    Simple as that. How does it apply to real estate investing, you may ask? Well, all you need to do is purchase enough investment properties worth a million pounds total, and have them rented out. That essentially is borrowing a million pounds in mortgage debt, and have your renters pay back the debt for you.

    For many people, borrowing a million pounds may seem out of reach, but just as you would eat an elephant one bite at a time, so is buying real estate properties – you buy one house at a time. Unless you live in California, there are still many states that you can purchase a home for around 100k. Even if you are residing in California, you will need to stretch your vision and reach out-of-state.

    Many people fear owning a property, let alone owning an investment property out of state. However, as a true real estate investor, you must put yourself in the mode of a business owner. Real estate investment is a business, and like any business, it may come necessary for you to hire people to work for you. That’s what realtors and property managers are there for. In order to really expand your real estate investing business, you must get comfortable with hiring property managers to manage your properties.

    We have all heard good debt and bad debt, so don’t let the concept of owing money scare you off – especially when you can have someone else pay it back for you! As an added bonus, real estate value on average has never gone down in value in history. You hear people losing money in real estate because they could not hold on to their properties and they let them go at unfortunate times. Even if real estate value do go down, you should never fear because you have someone else paying your mortgage – your renters. As good as the concept of making a million pound in real estate may sound, fear not and take the first step in your real estate investing.

    May 19, 2010

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    Category: Real Estates — admin @ 11:32 am

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    For best advice on real estate investment contact a real estate investment company

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    Now days buying and selling property is quite an easy task. But one has to know the ins and outs of the current market otherwise you will be cheated. A person who has a good knowledge in real estate finds it easier to survive in the real estate market than the one who is a novice. In such a scenario a real estate investment company lends the help needed to make your investment a smooth process.
    A Real Estate Investment Company is the right choice for due guidance on all aspects of real estate investment where experienced professionals will guide you throughout your path. So the process of buying and selling real estate can be accompanied with services of professionals in the industry which are very helpful.
    The Real Estate Investment Company will provide you with various leads on real estate agents, brokers, realtors etc so that you are in right places at the right time and amongst right people. Real estate agents will also provide you a list of dos and dont in this field and thus help new players from committing mistakes and incurring losses. There may be many number of real estate investment companies available so try to choose the most competent among them.
    Real estate companies also give you latest real estate information, current market value, market trends, and many more. Working with these real estate investment companies you gain knowledge in real estate and come to know about various investment opportunities.
    One of the best roads to financial freedom and wealth has and always will be the good, solid, income producing real estate investment. Real estate investment is the safest of all investments. Today, more multi-millionaires are being created in real estate investment than any other sector such as stocks & bonds, gas & oil or precious metals. Real Estate Investment Companies are making the job of investors pretty easy and gaining profits in the process.

    April 7, 2010

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    Category: Real Estates — admin @ 11:32 am

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    Commercial real estate investment is reaping benefits for investors

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    Commercial real estate investment refers to the class of real estate that is primarily meant for investing money for profits later on. Examples of such properties include:
    Restaurants (including franchises)
    Retail
    Office buildings
    Self-storage (Mini-storage) industrial
    Strip malls
    Hotels (also called “hospitality”)
    Multi-family apartment buildings
    Why invest in commercial property?
    Unlike residential real estate, Commercial real estate investment is evaluated, bought, and sold based purely on numbers – on a set of factors that describe what kind of return on investment you can expect with the property. Most Commercial real estate investment is expected to make a return for you on an on-going (monthly) basis. With the retail boom and increasing return on investment in the commercial real estate market, the value of commercial real estate have grown by leaps and bounds, particularly, in the commercial areas, where the local retail shops and shopping complexes have been replaced by huge and swanky malls.
    What to expect?
    Remember though! Commercial real estate investment is a long term opportunity, do not expect to increase you net worth over night. No one is going to profit all the time. Real estate investors have to suffer through times of little to no cash flow – it is part of the game.
    This may cause panic but if you can stick with it for the long term, cash flow will increase. Investing especially in real estate is not for the weak of mind or body. It can be frustrating, and stressful. But for successful investors the rewards are priceless.

    March 31, 2010

    Cash out refinancing and real estate investment

    Category: Real Estates — admin @ 11:32 am

    Opting for cash out refinancing is one method that I would recommend to someone that is serious about building out their real estate investment and property portfolio. You are able to take out a new mortgage with a principal that is larger than your current mortgage. Many a person has been able to do this and get a lower interest rate and with the added bonus of getting the cash they need for their investment venture.

    The home equity that we have in our possession is really the part of our home that we own. This is built by the payments that we make to our mortgage and through the appreciation of the value of our homes. This means that our home equity is often trapped and unavailable to us unless we take home equity loans or refinance our mortgage. Cash out refinancing allows us to access this equity. We are able to use this cash from the equity that we get and reinvest it into our property portfolio.

    Broken down simply in the form of an example we will see how the equity is made available. Let us say that you own a home and that it is mortgaged to the sum of 200,000 and you have repaid a certain amount. Let us say that that amount is 100,000. Then you have available to you a sum of 100,000 for equity and this is money that can be utilised for your investment.

    You can take the option of cash out refinancing by getting a new mortgage for your home to the original value. This means 100,000 is given to you in your hand for whatever purpose and you may have a lowered mortgage payment as well. There are many factors that will make this option a desirable one for you and you must evaluate the market circumstances as well as the personal situation that you are faced with and the purpose for which the money is intended.

    Interest rates on mortgages fluctuate from time to time and it is important that this be considered as well as other factors. It can be simple for you to reach for the option of refinancing when interest rates are low but there is a factor of the expenses to consider before this is thought worthwhile and as such a balance is needed in this decision between where it is viable to refinance or not viable as the case may be.

    It is up to you to do the necessary research and determine the feasibility of the option to your circumstances. The circumstances on the market will also influence the benefits or disadvantages of this type of refinancing and all this has to be considered in the decision making process. It is no easy decision to decide to refinance your property so ensure that you are fully capable of meeting the payments required and that there is little chance that you will be unable to do so. Only opt for a refinancing plan that meets your budget.