Real Estate: July 2004

Friday, July 23, 2004

New York Real Estate

Breaking into the real estate market in this city will take extreme due dilligence and patience.  Known as the real estate capital of the world, New York City can be overwhelming and sometimes downright intimidating.  If you really want to get your feet wet in New York real estate I suggest you first set aside time and decide on which area you would like to deal with. 
Comprising of five boroughs, each borough is really a world until itself.  After deciding which borough to conquer the next step is to focus on that borough very thoroughly.  In this city analyzing investments and locations will save you time and countless migraines.  The complexity of New York makes the city the most vulnerable to zoning laws.  Understanding how zoning works in the location for which you want to settle down in will put you above  any competitors and real estate investors that you may be in competition with.  What can also be very frustrating in the big city of dreams is not knowing what kind of real estate you want to specialize in.  Foreclosures, vacancies, REO's, bankruptcies, probate etc are some of the main venues that a potential real estate investor can utilize to maximize his profit availability.  I cannot stress how important it is to pick one of these key areas and choosing to master one and  ONLY one.  Diversification may leave you more confused and disillusioned as you will continually encounter different types of investors for each area and bringing a potential buyer a potential deal may not work if you have not assessed what type of buyer you are dealing with.  If you frequently hear a lot of rejections for the types of deals that you may feel are excellent, talking to the wrong buy in the inappropriate faction of real estate will most definitely prove fatal to your self esteem.  If you insist on diversifying in New York City then the key is to first ALWAYS have buyers lined up.  Once you have these buyers lined up make sure you have a profound understanding of what types of properties your new list of buyers are looking for.  You will constantly run into a brick wall if you bring your buyers properties that are too small, too expensive or may not look profitable simply due to the numbers.                                                                                                                                                                                                                                                                                                                                                                                        The key people that can help you move up in the world in new york city are real estate agents.  New Yorkers for some strange reason are really caught up in who you know.  Here titles and positions seem to carry a lot of clout in the city.  To circumvent the red tape and drone like behavior of some real estate types in New York, it is best to find yourself a decent real estate agent very quickly.  Now as a creative real estate investor you don't have to actually obtain a real estate license, however getting familiar with one can definitely bridge the gap of information that seems to overwhelm any investor looking to make waves in the real estate capital.  Agents know all the specifics that you will need to maintain a continous flow of moving and shaking that must take place to be successful.  They have access to databases, circles of investors and know particulars about location that will take you weeks and maybe even months to get familiar with.


Sunday, July 18, 2004

Opportunity of a lifetime.

I am looking for serious minded people willing to practice real estate anywhere in the country. The United States has plenty of vacant and abandoned buildings. This country also has plenty of opportunities to make a serious living in real estate if you are diligent and attentive. I am looking for anyone willing to help with the investigative process of looking for homeowners that have left thier properties to chance. My company is brand new and we are looking for people to help build the company from the ground up. Our goal is to specialize in real estate around the country and spread real estate investing to those people that feel that the concepts are too complicated as well as those that may not want to go through the tedious process of getting thier real estate license. Real estate investing can be very enjoyable and if you are willing to clear your schedule and truly focus making some serious money then by all means send/post all your questions and inquiries to this blog. All additions to this blog will be location based. Meaning that we will have different entries to this site specifically targeting people from specific locations. Each new post will be an invitation to all people from every state. So please visit this site frequently to see if your state is the next location that we are looking for to create a real estate empire. This invitation is not restricted to beginning real estate entrpreneurs. Serious minded advanced real estate investors are very welcome. We have a wide variety of properties that we have access to in many parts of the U.S. So anyone regardless of credetials please respond to our invite to wealth through real estate.