Personal Safety For Real Estate Brokers
Government help for first time home buyers is available now. But don’t wait, as your chance to get some of this free money is ending soon. Act now or miss out.
Today, the http://realestateindianews.com/ market is a buyer’s market. Homes are selling for less, so now is your chance to get a deal of a lifetime. The first time home buyer program is ending in December of this year. If you are thinking about buying your first home then now is the time, as you can get up to an $8000 tax credit at the end of the year. This like getting $8000 handed to you for whatever you want.
1) DO start your own individual checking and savings account with only your name on it. This applies whether you are happily married or unhappily married. Every adult needs to have a secure, safe place where he or she can save and keep his or her own funds with no access to these funds by anyone else. It’s your right and privilege to do this and, when divorce is a possibility, it’s a must do. Angry spouses can only wipe out bank accounts they have access to.
Remember Harry Potter? J.K.Rowling was once a single mother living on welfare, and now she has one billion. It is unlikely that you can earn one billion, but the idea is to write a good book once, and earn a steady cash inflow afterwards.
At the first look, passive income sounds great. You are sitting and dollars are flowing into your pockets. Unfortunately, you will always have to do something for your income. The question is how much time you will spend to achieve that. Let’s look at the following example. You own one apartment and you rent it. You might say that renting it is a perfect example of a passive income without work on your side. However this is not entirely true. What if your tenants decide to go to Alaska? You will have to find another one. Therefore you should put some advertising. Also, you should talk with the potential tenants. What if your apartment needs some painting and fixing before renting? As you see, you will always work for your money but that work might not require 50 hours per week.
St. Edward’s University is also located down South. It has been named one of “America’s Best Colleges” by U.S. News and World Report and is considered to be a top liberal arts university in the country.
If you do not plan to stay in the property or use it yourself then you ought to consider its earning capacity before you buy it. In other words, you ought to be able to get a steady rental revenue from it in order to make the deal worthwhile. Make sure that you study the demand of property in that area before you invest in it. If the area has lots of unsold or unoccupied units then you might not be able to get good rental income from it. However, you might be able to buy the property really cheap.
The US housing market is where it all started, so what’s the situation there? Well, in April 2009 new constructions fell to the lowest level on record, down 12.8 per cent. One of the main symptoms of the recession is that banks, in spite of the billions pumped into them through “bail outs” are refusing, or unable, to lend money to people so they can buy those houses.
I have a real estate team with over 40 years of experience. When you have education in your field, there really isn’t much risk in what you do. If you are truly interested in building a real estate empire for your family, and gaining tax-free profits for life, we encourage you to get all of the information that you can on self directed IRAs. High Returns Private money lenders earn 10-12% returns on investments secured by undervalued real estate. You can’t go wrong. There is NO bank mortgage on the property. It’s win-win for everyone. If the market is really freaking you out, you may want to look into buy tax liens. They are secured by the state that you invest in. This is an ultra safe way to invest. You will always get higher returns than having your money sit in a savings or CD account.