Welcome to Real Estate Guide
Real Estate Exam Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Arizona Real Estate
from:Arizona is a popular destination get-a-way, especially for senior citizens making the purchase of Arizona real estate an investment opportunity waiting to be pursued. With the history, the numerous attractions and the great climate, investing in real estate in Arizona is an opportunity not to be passed up. Rather you invest in commercial buildings, an apartment complex or trailer park or single family dwellings there is sure to be something to help diversify your portfolio and meet your needs.
Finding a good real estate agent
The first step will be to find an Arizona real estate agent. Look for a local real estate agent where you are now if you do not live in the area you wish to invest in and ask them if they know anyone in that area. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to guide you. Once you have located a real estate agent take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help you purchase Arizona real estate is essential especially if you do not live in the town you are buying real estate in. You will need the agent you choose to be honest and trustworthy.
Learn these real estate investment strategies
Before you begin investing in Arizona real estate learn the various investment strategies that are commonly used. There are three investment strategies that are based on facts and generally have great results. The bargain purchase method is the first option. Investors who use the bargain purchase method when choosing a property pay twenty percent less than market value for the property. This allows them to make up to a twenty percent profit using this real estate investing strategy and is a great strategy to use when purchasing foreclosures. The second strategy is known as the increase value strategy. Using this strategy the building would be purchased at current market value. There must be some improvements that could be done within a six month time period that would increase the value of the building by twenty percent for this strategy to be successful. Finally, many real estate investors use the double digit cap rate. The double digit cap rate strategy is used for buildings that have a capitalization rate of ten percent or more. A capitalization rate is the net operating income from the property which is then divided by the purchase price. These are harder to find unless the market is depressed or you are looking into small market niches. Purchasing Arizona real estate is really not any different than purchasing real estate in your own hometown once you find the right real estate agent to work with.
Real Estate Exam News
Local Industry News & Notes
Real estate school to be launched
Read more...1 in 5 gave up real estate license
California has 21% fewer people holding a real estate license than it did five years ago when the tally peaked at just under 550,000 licensees, state figures show.That's equivalent to one out of every five license holders at the peak giving up their California real estate licenses, or...
Read more...Real estate class at SCCC
NEWTON A 75-hour real estate pre-licensing course will be held at Sussex County Community College, beginning on Tuesday, Jan. 31, from 6-9:45 p.m. The class will meet on Tuesday and Thursday evenings until April 5.
Read more...Bravo Tackles Love and Real Estate in New York City With Two New Docu-Series
"Love Broker" premieres on Monday, March 5 followed by "Million Dollar Listing New York" on Wednesday, March 7.
Read more...ASTM Announces Training Course on Screening for Vapor Encroachment into Property Involved in ...
To be held 6 times in first half of 2012, Screening for Vapor Encroachment into Property Involved in Real Estate Transactions is technical and professional training course. It will review rationale behind development of ASTM E2600-10, Standard Guide for Vapor Encroachment Screening on Property Involved in Real Estate Transactions, as well as discuss tiered methodology used and implications for ...
Read more...