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Commercial Estate Market michigan real southfield Article Summaries

Finding A Capable Agent To Meet Your Real Estate Needs
By: W. Troy Swezey
: Whether you’re a first-time buyer, selling your current home or relocating to a different part of the country, the sup... This 11-point written commitment covers everything from furnishing the seller with a marketing plan to monitoring pre-...

The Real Estate Bubble Fallacy
By: Michael Setz
: There has been a lot of talk lately about the "Real Estate Bubble", and a lot of folks are asking the question: "When ... when the surf's up, get in the water and catch a wave! But watch for danger, be flexible, and be smart. Invest wisely a...

Negotiating real estate deals to win-win
By: Charles Warnock
: If you’ve spent some time on homekeys.net, you probably noticed we generally don’t carry a torch for tradition or conv... it.All participants in a negotiation should be prepared to walk away from unacceptable terms. You may be reluctant to g...

Real Estate Marketing, Do You Use Direct Mail?
By: Barrett Niehus
: Prospecting for leads is by far the most difficult part of being a Realtor or small business professional. In fact, le... their businesses. It can create a significant number of leads and a significant addition to your cash flow, However, ...

What is the Real "Real Estate Software"?
By: Anastasiya Shalayeva
: Everybody knows the difference between the virtual and the real. When it comes to real estate online ads, this differe... business at stake. Do not be guided by the temptation to test some kind of “affordable” real software solution, it migh...


Featured Article

Investors - Look For The Real Estate Sweet Spots

Mark Walters

A politician once proclaimed, "All politics is local!"

The same is true for real estate. If you live in Southern California home values are climbing towards the sky. The real estate market is hot!

At the very same time there are many areas in the Midwest where there has been no job growth, no increase in sales activity and no increase in home prices for over 5-years. If you are in one of those markets you find real estate investing is an entirely different ballgame.

Here's a good example of picking your sweet spot… something you, as an investor, should consider when planning your investing tactics.

Technical Olympic USA is home builder. The company very carefully selects the areas where they build homes. Right now they are in ten hot markets:

Florida
Texas
Tennessee
Maryland
Pennsylvania
Arizona
Virginia
Colorado
Nevada
Delaware

This builder avoids the crazy areas like San Diego, Loa Angeles and Boston.

They look for areas where employment has grown steadily for the last 5 or 6 years and where second-time home buyers are moving to homes in the $200,000 to $400,000 range.

They've learned that these buyers are in there 30s and 40s, have kids and want 3 or 4 bedrooms, 2,800 to 3,000 sq ft of living space and a two-car garage.

Yes, it would be nice if we could all do some research and move to an area where investors are having the most success. Don't fret. Time and again the truly determined have proven that you can make money in any real estate market… sweet or not.

If you are an investor living in the Midwest you cannot just buy any rental home and count on its appreciating value to provide a profit. Home prices are not going up.

Yet, you can still make money in Midwest real estate. The key is to always buy or option at a price at least 30% below market value. You have less room for error than those investing where home values are increasing by 1% to 3% per month.

In Southern California there are at least 5 real estate investing seminars being presented every week. Investors of all skill levels are swarming like locust over every square foot of ground. Competition is fierce. It's not quite like that in the Midwest.

Another key is to only invest in homes that people want to buy. A good target is what Technical Olympic has found to be its sweet spot... those homes near 3,000 sq ft. They will be easier to rent to the best class of tenants... and they will sell more quickly for the best profit. In your area the most desirable homes might have other characteristics, but you get the idea

The bottom line is that there are geographical sweet spots... and there are local sweet spots... even neighborhood sweet spots.

Stay in front of demand, buy carefully, use creative techniques like leases, options and "subject to", and you will find investing opportunity no matter where you live.

About the Author

Mark Walters is a real estate investor. You can learn about his successful tactics at: http://www.lease-option-sub2.com
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Commercial Estate Market michigan real southfield Resources
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Fed Rates and What's Coming Next
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Steel Building Factory
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News You Might Have Missed
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Economics
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OPINION/COMMENTARY Blight loophole could allow...
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We Called It - KWAME WINS !!!!!
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