Cash-Flow for Retirement from Inflation adjusted investments

By john krol

What is the most important point in buying an apartment building?

CEO John Krol of Boomers Bank

So it finally hits you that investing in real estate is the best possible move you can make with your money. You would like to buy an apartment building, your search for reading material on the topic has brought you to this article. What one thing do you need to consider when making this investment?

The answer is simple; use, use and use. Use is possibly the most important factor in terms of the property's value. For your investment to be a success, you need to think of the building's use for you as well as for your tenants. Hence, you need to also put yourself in the shoes of your customers, i.e. your tenants. To kick start things, first attain information on the demographics of the area in which you want to invest in. This should give you a basic idea of who your target audience is and will also allow you to build a general profile of your typical tenant.

Following the universal needs, you need to look a little more closely into the profile you have outlined. The more you breakdown this profile, the greater will be chances for success. For instance, if currently you feel that your building will primarily be occupied by families, then you should study the demographic data carefully to figure out what kind of families are we talking about. Will the families be newly married couples or families with school-going children? If it?s the former of the two cases, then your building should ideally be located near a good quality daycare center. Meanwhile, if it?s the latter of the two cases, then you will be best positioned if the building is a near a good quality school.

Following the universal needs, you need to look a little more closely into the profile you have outlined. The more you breakdown this profile, the greater will be chances for success. For instance, if currently you feel that your building will primarily be occupied by families, then you should study the demographic data carefully to figure out what kind of families are we talking about. Will the families be newly married couples or families with school-going children? If it?s the former of the two cases, then your building should ideally be located near a good quality daycare center. Meanwhile, if it?s the latter of the two cases, then you will be best positioned if the building is a near a good quality school.

Use is possibly the most important factor when one is to make a purchase. Combine that with customer profiling, and you have the recipe for success. However, always remember that you shouldn?t venture outside your comfort zone unless you absolutely have to. Comfort zone here refers to areas with which you are familiar and have possibly had experience in previously. This point is important always but even more when you are initially starting out as a real estate investor. When starting out, stick to what you know and try out new things only when you feel you have a handle on the situation. And always, always, keep your eyes and ears open to absorb whatever information you can about your location so that you are never left in the dark.

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About the Author:

Remember you are your own White Knight Do not be one of the one's who ""Run out of money before they run out of Life"" Do it now time is running out....

Your Current Account Mortgage Options

By Chris Channing

Current account mortgages are comparable to offset mortgages. Your salary is used to determine how much your repayments are. Repaying more often and in higher amounts will adjust your interest rates and such. You also do not have to worry about making your payments on time because they are automatically deducted from your paycheck or checking account.

Savings accounts are typically used as collateral for current account mortgages. You can pay off your mortgage much quicker, and have significantly lower interest rates. This option benefits those with poor credit, or those that simply wish to use their savings account for such a purpose.

Combining all of your finances is one of the things a current account mortgage goes through. It makes all of your payments a single account to make repayments easier. This prepares your repayments so that they are a single manageable payment. Avoiding overdrafts and more can be an advantage.

Having money in the account will also offset your mortgage interest rates and more. Having $50,000 in an account will make the interest on $50,000 negated. Although it may be confusing, this option will save the mortgage borrower a lot of money in the end.

Mortgage options like this allow you to be flexible in your payments, because the more you pay into your account, the less interest you will need to pay. Taking this benefit for granted could be a bad idea, especially when you could use this method to get rid of debt and build upon your credit.

Offsetting the interest through your savings can also help you out greatly in the long run, especially when you need to save money that other mortgage options do not offer. This can bring many benefits for those wanting this kind of flexibility as well as grouping all of your payment obligations into a single monthly payment that has manageability that is unmatched in the mortgage world. Interest and billing is calculated daily, so adding money into your account will affect the next day's balance and interest. Low interests along with the instant benefits make all of the difference in this situation.

Closing Comments

Considering a current mortgage can work to your advantage, especially if you have bad credit. You will save money when making repayments and that can be used for something else in the future. Superseding other mortgage options with a current account mortgage can offer you the benefits of some of the lowest interest rates and best repayment terms.

About the Author:

Learn more on Offset Mortgage Accounts and Offset Banking.

How Foreclosures Can Be Avoided With A Loan Modification Process

By Chris Channing

Mortgages are usually taken out in the event that a borrower needs a large amount of cash, but does not have it available. A mortgage is when your home is used for collateral, and in the event that you cannot pay you have two options. A foreclosure is the least desirable option, they take your home and sell it to cover your loan expenses. It is typically tragic for most, and you pretty much lose everything. Loan modification is the better option, where if you have hardships then you can get your loan modified and avoid a foreclosure.

Contracts are binding, and even though its just a signature on a paper with some words, they mean serious business. If you break the contract by not making payments or paying off the loan in the designated time, your home will be foreclosed. Many people lose their homes each year because of their carelessness and failure to follow the contract.

If your income has suddenly changed due to a hardship then you are eligible for a loan modification. It is crucial that you apply for a loan modification before you are too far behind on your mortgage, failing to do so puts your home at greater risk for foreclosure.

Hardships can be classified as a job loss, a recent death that you need to pay for, medical expenses, and many other things that would greatly impact your financial status.

Loan modification offers many different options for the borrower. You can change the length of the contract, and switch up repayment times and how much you repay. Interest can also be changed, and other arrangements can be made to suit your needs.

Foreclosures do happen, and don't think that you are invincible. Load modifications can help you avoid a foreclosure, as long as you modify your loan in a timely manner. These are great for hardships, and prevent you from losing your home and killing your credit.

Closing Comments

Avoiding a foreclosure by getting a loan modification is a good step to take in the event that you are faced with hardships that change the course of your income. Loan modifications can mean extending the loan, lowering interest, or making special arrangements to have the interest and payments deferred.

About the Author:

Learn more on Ocwen Loan Modification and Stop Foreclosure.

Harnessing Viral Real Estate Marketing with MySpace

By Dr. Matthew Loop

Alright, some of you are probably wondering, "What the heck is viral marketing?" Let me clear something up fast. "Viral marketing" is in no way related to a computer virus. On the contrary, this term is referring to a marketing plan which propagates like a virus. Simply put, from one person to the next at high speed.

Some people call it "buzz marketing", meaning marketing that utilizes some smart trick or tactic to create a great buzz, almost automatically like wildfire. This method is very popular and effective among real estate professionals like investors, realtors, agents, brokers, and the like. Obviously, it is a tremendous trick to reach success.

Let me give you a clear example. Picture sending an email, message or bulletin about one aspect of real estate to 100 people, and 15 of those 100 send it to 100 more, and 15 of those folks send it to 100 more and so on and so forth, until you have reached hundreds of thousands.

This is the magic of viral marketing, spreading your word to more consumers than you ever thought possible. You aren't going to believe the power that you have when you market your business this way. Like a religion, you'll be converting people to your message, and they will then spread that message to others.

The key way of doing this is by tapping into the massive popularity of online games, videos, graphics, and the like on social media powerhouse sites like MySpace to create a huge base of online friends and members.

Take advantage of this viral approach when you send out any messages, bulletins, comments and blogs into the market. My training series is comprised of 30 easy-to-follow videos that will take you step by step to your own success in real estate, chiropractic practice, network marketers and so many more.

Real estate marketers make glaring mistakes on MySpace all the time, and this greatly dwarfs their future successes. Do yourself a favor and don't make your profile full of the expected product promotions and other ads that will drive your prospects away. It just looks like Spam, and is going to turn people off immediately.

You don't want to lose your opportunity to harness the power of Web 2.0, so make sure you do it the right way from the beginning. Draw a huge friend list with a personable profile, and begin to market ever so softly to your new friends.

About the Author:

Use social networks to easily get an extra 15-20 new buyers and sellers / month with simple Real Estate Marketing strategies. Make $30,000 + / month and create multiple sources of income with this ultimate social media / SEO video training series. Visit http://RealEstateCrusher.com now.

All About Investment Property Mortgages

By Chris Channing

Owning a property for investment purposes is what investment properties are. Investment properties are available in many different variations but some properties are placed into this category when they do not belong there.

One common misconception of investment properties is having the property purely for investment. Getting an investment property mortgage from a lender will prove more difficult when you apply for a non investment property. Many lenders will be picky with the properties they choose to give investment property mortgages for. If a property is not ready for letting then it may not provide an income to repay the loan.

Flipped properties and fixer upper properties are not typically considered an investment property. Mortgage lenders will generally not allow you to get an investment property mortgage on those properties. They fall under different categories, such as speculation property, or trade property.

Properties to be flipped or fixer upper homes are not commonly used for investment property mortgages. The bank or lending institution will generally disallow the purchase of these homes as they are not directly useable. These can be classified as trade property or speculation property.

Using an investment property mortgage to purchase a home is beneficial. Purchasing a home at a great price can get you a quicker return with profits sooner when you pay off the mortgage. A property that loses value will end up causing you to lose money once the loan is repaid.

Rushing into an investment property mortgage is not recommended. Your investment could lose value if the market begins to fall. Investment mortgages vary from country to country. Always look into the investment property rules in your area before finalizing one. Investing in a property in this manner can be a serious deal especially when you can make a profit from residual tenant income.

Closing Comments

It is a great time to buy as properties are selling for record lows. Many of these properties are in great shape and will. Investing using an investment property mortgage is beneficial and can bring you a residual income when done correctly.

About the Author:

Learn more on UK Home Loans Investment Property and Investment Property Loans In UK.

The Benefits Of Choosing A Non Status Mortgage Solution

By Chris Channing

There are many people today that receive an income but have no way to prove they do. These can be people who are self employed, artists, musicians or a number of other professions that do not have a built in salary. Some of these people may even be in debt or have bad credit and this shouldn't stop them from being able to get a mortgage loan if they own their own home. Being unable to prove your income can make some banks concerned you may not be able to pay them back when applying for a mortgage loan.

Proof of income is not required when taking a loan under a non status mortgage. Those who have payments that are infrequent or have a payment schedule that is not set will have more of an advantage with a non status mortgage. People with payments from a large settlement or annuity and cannot work will be able to use their home for a non status mortgage.

Anyone that is unable to provide proof of income and some people with bad credit may be able to apply for a non status mortgage. If you will be able to pay back the loan, you will have a greater chance of being able to take out the loan with a non status mortgage. A person who applies for a non status mortgage should not lie about their income status to get a larger loan, as it will adversely affect their credit rating if unable to make repayments.

If you cannot provide a proof of income for a standard loan, then applying for a non status loan may be your solution. Some mortgage options require you to be making a set amount of income, or a certain credit range, but not with non status loans. If you cannot qualify for a standard loan, a non status loan can be an option, so check with your lender.

Some of the disadvantages of getting a non status mortgage are paying down payments anywhere from 5%-20% depending on the lender and how much you are borrowing, also if you borrow an amount that you will not be able to pay back, you end up putting your home at risk. Losing your home may not be worth the risk when you borrow less than what your home is actually worth.

Non status mortgage options can be found through your local bank or lending institutions. A visit to your home from an appraiser or representative may be required. There are also options that you can find online that may be of better convenience.

Closing Comments

Getting a non status mortgage loan can be a great help to those who need money right away but have no other options for standard loans. Many lenders are willing to give a non status mortgage to individuals who are able to make the deposit regardless of proof of income.

About the Author:

Learn more on Non Status Mortgage and Non-Status Mortgage UK.