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Real Estate Investment Ideas? New Search Advanced Search Hot Property The real story on real estate BLOGS Blogspotting Brand New Day Byte of the Apple Deal Flow Economics Unbound Fine On Media Hot Property NussbaumOnDesign Tech Beat BLOG RSS FEEDS About RSS Blogspotting Brand New Day Byte of the Apple Deal Flow Economics Unbound Fine On Media Hot Property Nussbaum On Design Tech Beat PREMIUM CONTENT MBA Insider ONLINE FEATURES Book Reviews BW Video Columnists Interactive Gallery Newsletters Past Covers Philanthropy Podcasts Special Reports TECHNOLOGY Product Reviews Startups Special Reports Tech Stats Wildstrom: Tech Maven SMALLBIZ Smart Answers Success Stories Today's Tip Trailblazing Companies INVESTING Annual Reports BW 50 S&P Picks & Pans Stock Screeners Free S&P Stock Report SCOREBOARDS Mutual Funds Info Tech 100 S&P 500/BW 50 B-SCHOOLS MBA Profiles MBA Rankings Who's Hiring Grads BW EXTRAS BW Digital BW Online Alerts Handheld Edition RSS Feeds Reprints/Permissions Conferences Investor Workshops BUSINESS DIRECTORY -- Find local experts in: « Cooling in California | Main | Land Sales Could Slow » October 28, 2005 Real Estate Investment Ideas? Peter Coy Every December, BusinessWeek publishes an investment guide for the year ahead. This year I'm doing the real estate story. Here's the question my editors want me to answer: Are there still any real estate bargains out there? What do you think? Any U.S. cities where house prices still have room to rise? ( Youngstown ?) Any countries where real estate is still relatively cheap? ( Germany ?) Condos feel kind of pricey lately, but are there still deals to be had? What about REITs? If you like REITs, which kinds? Name names, please. Remember, it's not enough to say that an investment costs less. You have to make the case that it's likely to go up in price and/or throw off a lot of cash in the next year. Be prepared to defend your choices because at least someone reading this blog is bound to disagree with whatever you say. I'm thinking of giving a prize to the Hot Property reader who comes up with the idea that works out the best over the next year. Let's say, either 100 acres of midtown Manhattan real estate or a paper crown labeled Real Estate Emperor. My choice. So ... send in those ideas and start arguing with each other. 04:56 PM Investing in Real Estate Trackback Pings TrackBack URL for this entry: http://blogs.businessweek.com/mt/mt-tb.cgi/ Listed below are links to weblogs that reference Real Estate Investment Ideas? : » Business Week posts "Hot Property" Real Estate Contest from Pacesetter Mortgage Blog Peter Coy, over at the Business Week Hot Property Blog, is posting a Real Estate Investment contest of sorts. His question is this, Are there still any real estate bargains out there? I will put my hat in the ring [Read More] Tracked on October 29, 2005 12:06 PM » The US Real Estate Market from Adam Dudley This article at Business Week Online caused me to post my thoughts about the US real estate investing market. With rising interest rates and a multitude of home owners using deadly interest only loans and ARM's in the US, there [Read More] Tracked on October 31, 2005 09:25 AM Comments how about being a contrarian, and invest in the tanking market. For example, buy puts or short homebuilders and the credit agencies that have the largest exposure. Posted by: bradley jellerichs at October 28, 2005 06:37 PM I'll start the brawling by saying that I'm pretty darn bullish on the Seattle market. My reasoning? It's the economy... With Boeing and Microsoft doing a wonderful job of holding down the fort, and a thriving start-up vibe (in real estate alone, there is Zillow, Redfin, and HouseValues), it seems like enough of the area residents will be flush with cash for the near future to keep prices rising. And while Seattle has definitely seen some growth in the recent past, things have never gotten out of control like they have in the Bay Area. Because I really want to win the 100 acres in Manhattan (or at least an Emperor crown!), I'll get a little more specific. I'd invest in a starter home (~$350K) in the Ballard neighborhood. Of course I'm only speculating, but I think that a home like this still has plenty of room to grow in the near future (i.e. one year). Posted by: Dustin at October 31, 2005 01:30 AM OK, so far I have Maricopa County, Ariz., and Seattle. I have "short the homebuilders." I also got a very intelligent email from someone suggesting a narrow segment of REITs--ones with low debt/equity ratios that get most of their income from leasing buildings to companies in healthy industry sectors. What else? Posted by: Peter Coy at October 31, 2005 05:23 PM First, I have put aside some cash ($50k) in my money market account. I also have on my current house a 15-Year fixed mortgage (50% loan-to-value) with really affordable monthly mortgage payment. Finally, I have no plan to move out for at least 5 years. Second, I opened an (still untapped) equity line of credit on my current home (200k, about half of the equity in my house). And now, guess who will be a major player in the foreclosure market in my county after the housing boom goes bust. Assuming a worst case scenario of a 25% decline in valuation in the years following the bust, my remaining equity stake will vanish but I compensated for that by buying $20,000 worth of premium on OTM put options (CTX Jan08 45 Put for example) on the 2 big home builders in my county. Posted by: the contrarian at October 31, 2005 11:04 PM The conventional wisdom is that "as interest rates rise, real estate values must decline, and so to must REITs." The problem with this CW is that it is too simple, and it doesn't take into account the wide variation in the various types of REITs out there. If rising interest rates and the risk of a "real estate bubble" is a concern, then it is possible to screen for REITs that minimize that risk. For example, if we look at REITs that have low debt/equity ratios and derive their income mostly from leasing properties to other businesses, those REITs will be less sensitive to land valuation and interest rates. These success of these REITs are more dependent on the segment they lease to, such as healthcare, retail, etc. I ran a screen looking for REITs with debt/equity ratio less than 0.5 and whose income is tied to leases. Some promising candidates include Universal Health Realty Income Trust (UHT). Leases out 43 medical buildings in the Southwest (where there are plenty of retirees and demand for medical services), has a debt/equity ratio of 0.23. Dividend yield is 6.5% and UHT has steadily increased their dividend over the years. A similar healthcare REIT is LTC Properties Inc. (LTC), with 200 senior long-term care facilities, a debt/equity ratio of 0.23 and a divident yield of 6.6%. Hospitality Properties Trust (HPT). Owns and leases hotel and motels to various national chains such as Courtyard by Marriott and Candlewood Suites. Debt to equity is 0.49. Has more debt than I'd like but income from operations has been increasing. Good dividend payer at 7.4%. Correctional Properties Trust (CPV). Leases out 12 prison facilites and has no debt, with a dividend yield of 6.5%. The leases are long-term and include rent increases tied to the CPI. Given the latest White House shenanigans this may be a real growth industry. Interestingly, there were no residential REITs that met my low debt criteria. Many of them have debt/equity ratios greater than one. I believe those REITs are to be avoided. Posted by: Jim in Calif at October 31, 2005 11:06 PM Ernest and Young's Steven Friedman told real estate editors at the National Assn. of Realtors annual convention that the best places to buy a condo in today's market are: Jacksonville, FL Austin, TX Boise, ID Friedman said his choices are based on job growth, affordability, and quality of life. Posted by: Frances Flynn Thorsen at November 1, 2005 06:14 AM Is land still a good buy anywhere? Great comment by Boe Clark about land over on the "Land Sales Could Slow" thread (justly accusing me of being vague). Here's what he wrote: The blogger speaks of land (improved and unimproved I assume), as if it were a homogeneous commodity. Prices are going down...in which markets? In Florida, Arizona, and Texas? Or in California and Colorado? In urban, sub urban, ag, commerically zoned, or residentially zoned land? 10 miles, or twenty miles, from population centers? In urban infill areas? With or without utilities/services? Generalities get us nowhere...specifics you can use to make prudent investment decisions with. Posted by: Peter Coy at November 1, 2005 10:36 AM Here's an Idea: Wait on the housing market and slowly move towards equities. There's some bet up stocks that could bought for a song. Posted by: Joe at November 3, 2005 01:27 PM It probably doesn’t bode well for the real estate market that there are not a lot of investment ideas! Posted by: Dustin at November 3, 2005 04:15 PM What about fixing up and renting or selling dilapidated properties in out-of-favor markets? Somebody in that business emailed me with that suggestion. Seems like it could be a good deal for people who don't mind supplementing their cash with elbow grease. Posted by: Peter Coy at November 3, 2005 06:00 PM Forget the US. Japan's real estate market is rip-roaring. Posted by: Taro Akasaka at November 3, 2005 11:15 PM 1. REITs holding a lot of mid level apartment buildings (where the former homeowners in CA will be moving once the number of foreclosures exceeds 100,000 in the state). 2. REITs specializing in self storage facilities. These units rent for the same price per square foot as apartments, but cost a fraction of the cost to build and maintain and are enormously profitable. Again, demand will soar as the number of foreclosures in CA exceeds 100,000. The number of foreclosures in CA WILL exceed 100,000 now that rates are rising and the I/O speculators and such will be driven out of the market as will so many first time buyers who have been sold these disastrous loans (half of buyers in San Diego and 2/3 of buyers statewide for the past 18 months). Posted by: Dave at November 8, 2005 06:58 PM Are we talking about investments (say 5-7% compounding growth over 20 years) or speculation (dreams of 100% inflation over 1 year)? I like the idea of getting a positive cash flow with 20% down and then watching 5-7% appreciation over 20 years. Summit County, Colorado, is 90 miles west of Denver and another mile higher. From 2001 to 2005, prices were flat, since demand equaled supply. Since January of 2005, demand has increased and prices are starting to climb sharply. Summit County has a great location, great weather, and spectacular scenery, yet is much less expensive than Aspen and Vail. To me it looks like a great bet. Posted by: DaveB at November 12, 2005 04:32 PM Bulgaria is the hottest real estate market in Europe. http://www.thepropertyinvestorsclub.co.uk/pic-bulgarian-property-investment.htm http://www.thepropertyinvestorsclub.co.uk/property-investment-tracker.htm http://bigpicture.typepad.com/comments/2005/06/global_real_est.html http://bbtbulgaria.blogspot.com Posted by: Dimitar Vesselinov at November 19, 2005 09:21 PM How about India; bungalos on the beach near major cities. Bocas in Panama? Or, Tibet, near Changdu. Those are my bets. Douglas Posted by: Douglas at December 12, 2005 02:55 AM Post a comment Name: Email Address: URL: Comments: Recent Posts New and Improved In 2006, a Harsher Reality for Realty A Gloomy Christmas for Real Estate? The Reflex Effect Wealthy Americans believe real estate to go up, up, up Recent Comments Cooling in California (6) Housing Numbers Continue to Surprise (9) Neg Am Mortgages (6) Taxpayer-backed mortgages for undocumented immigrants? (5) No mass exodus from the Golden State (12) Short Countrywide? (1) A Gloomy Christmas for Real Estate? (1) Washington DC bubble? (214) Riskiest housing markets (6) Wealthy Americans believe real estate to go up, up, up (2) Recent Trackbacks Wealthy Americans believe real estate to go up, up, up (1) More New Homes for Sale (1) A Fun Website for Checking Affordability (1) Impact of higher mortgage rates? (2) Making Sense of Average Mortgage Rates (1) A Less Curvaceous Yield Curve (2) The Westchester Tease (1) More Option ARMs and Alt-A Loans (1) Real Estate Investment Ideas? (2) Boston housing...on the rise???? (1) Categories Affordability Amey's adventures in real estate Bubbles Cali is Doomed Demographics Economy Estate Planning Foreclosures Home builders Housing Prices Investing in Real Estate Mortgage Rates Mortgages Real Estate Culture Refinancing Regions Remodeling Selling Archives December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 Subscribe RSS Feed  



Investment Property There is

Investment Property About The One Minute Millionaire Enlightened Millionaire? About Bob Allen About Mark Hansen Investment Property There is no better time than now to own an investment property. The world is only so big and land is a finite resource. Therefore investing in real estate is something that often pays off in the long run. There are a lot of options out there and you need to be sure that you will make the right choice. In short, investment property is any property that you own but don't occupy-it is property you own purely to generate profit. This could include real estate and apartments or commercial, retail, and industrial buildings. There is financing available for those that are interested and this plays a big part in your purchase of investment property. What You Need to Know Financing . Depending on what type of investment you are going to make you will need to assess the different financing needs that you have. There are a lot of different commercial lenders available and you will be able to find one who can give you the money you need at a reasonable interest rate and give you personal attention along the way. This is an aspect that many people don't look into enough and it can make your investment property even more profitable. Time Horizon . The property you invest in depends on the length of time you intend to keep it. If you keep a property for only five years, you often won't have to invest as much into it in terms of maintenance and repairs. You do, however, risk trying to sell in a volatile market. Longer term (like 20 years) investments require greater expenses for maintenance but they pay themselves in that time. Decide up front which you prefer and make your decisions accordingly. Networking . You can find out about available properties in a variety of ways from searching through local newspapers or on websites. One of the best ways, however, is to develop a network of contacts from real estate agents to other property owners. Doing this will get you connected with what is going on and will keep you informed. Additional Real Estate Advice There are also many people out there who can give you many helpful tips and advice as you look more into investment property. Two such individuals are Robert Allen, New York Times best selling author of The Road to Wealth and Nothing Down , and Mark Victor Hansen, co-creator of the bestselling Chicken Soup for the Soul series. They have teamed up to produce The One Minute Millionaire: The Enlightened Way to Wealth , a book that teaches how you can be on the path to becoming a millionaire through creating wealth. One of the ways that is a great source to building true wealth is through investment property. Visit the One Minute Millionaire website to order a copy of The One Minute Millionaire , register for one of their motivational seminars , or to read about becoming an Enlightened Millionaire . Become An Affiliate | Contact Us | Privacy Policy



buy Home [Magazine Subscription]

Amazon.com: Better Homes and Gardens [MAGAZINE SUBSCRIPTION]: Magazine Subscriptions Your Store Magazine Subscriptions See All 32 Product Categories   Your Account | Cart | Wish List | Help | Advanced Search | browse subjects | top sellers | today's deals | gift ideas | newspapers | professional & trade Search Amazon.com Magazines Newspapers Newsletters Web Search This item is not eligible for Amazon Prime, but over a million other items are. Join Amazon Prime today. Already a member? Sign in . 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Magazine subscriptions always ship free, and they help you qualify for FREE Super Saver Shipping on the rest of your order! See details . Ready to Renew? Learnhow . Availability: The first issue should arrive in 6-10 weeks. Here's why See more product details Better Together Buy this magazine with Good Housekeeping [Magazine Subscription] today! Total List Price : $71.88 Buy Together Today: $25.97 Product Details Format: Magazine Shipping: Currently, item can be shipped only within the U.S. Publisher: Meredith Corporation Abstracts and Table of Contents. See here . ASIN: B00005N7OV Average Customer Review: Based on 18 reviews. Write a review . Amazon.com Sales Rank: Today: #89 in Magazine Subscriptions Yesterday: #147 in Magazine Subscriptions For magazine orders, your name and mailing address will be shared with the appropriate publisher. This magazine subscription is provided by Synapse Services, Inc. Customers who bought this magazine also bought: Southern Living [Magazine Subscription] House Beautiful [Magazine Subscription] Country Living [Magazine Subscription] Woman's Day [Magazine Subscription] Explore Similar Items : 20 in Magazine Subscriptions , 4 in DVD , and 1 in Music What similar items do customers ultimately buy after viewing this item? 18% buy Sunset [Magazine Subscription] 8% buy House & Garden [Magazine Subscription] 7% buy this item(Better Homes and Gardens [Magazine Subscription] 4% buy Home [Magazine Subscription] 4% buy Fine Gardening [Magazine Subscription] Explore Similar Items : 9 in Magazine Subscriptions , 9 in Books , and 2 in Kitchen & Housewares Editorial Reviews From the Publisher This home and family service magazine is designed for husbands and wives who have a primary interest in the home and family. It services its readers in the form of ideas, advice, information and inspiration to achieve a better home and family. Description Better Homes & Gardens magazine is designed for people interested in turning home, cooking, and gardening inspiration into action. It is focused on decorating, building and remodeling, crafts, entertaining, cooking, healthy living, and gardening. It also has extensive information specifically for women and families. In addition to providing product reviews, practical homeowner advice, step-by-step instructions, and money-saving suggestions, the magazine covers the latest developments and trends... read more See all editorial reviews... Spotlight Reviews (What's this?) Write an online review and share your thoughts with other customers. 11 of 11 people found the following review helpful: cluttered but nice , October 17, 2003 Reviewer: Alejandra Vernon "artist & illustrator" (Long Beach, California)- See all my reviews This magazine has a lower cover price than some of its competitors, and makes up for it with a massive amount of ads. A few ads contain coupons, for those that like to cut those little things out (unfortunately they are hardly ever for anything I want !). The paper is also a lot thinner than the higher priced home/garden publications, and the photographs do not reproduce that well on it. On the bright side, there are many nice dcor ideas, and simply terrific recipes. Taking the October 2003 edition as an example, Fall colors and produce are the theme. It has some ideas on how to display gourds, and an article on a community pumpkin patch, from the June planting by 140 neighbors and friends in a 6000 square ft. area, to harvest time. There are numerous articles on remodeling, "Foolproof Potted Plants", on the joys of having hardy succulents in your home, and a lovely piece with lots of photographs on actor Peter Strauss' gorgeous Ojai, California garden. The best article of all, is "The Magic of Soup", and some of these recipes are so good they might end up in your family for generations. They are simple to prepare, with easy to find ingredients, and will make a healthy, hearty meal for those frosty days ahead. Also included with the recipes is the preparation and cooking time, and nutritional statistics. As someone who writes a lot of notes and cards, I appreciate the final page which is about letter writing, and how this vanishing form of communicating is good for the soul. All things considered, this magazine gives good value, and is meant for those of us who do not live in a mansion or have hours to devote to a single recipe. Was this review helpful to you? ( Report this ) 7 of 7 people found the following review helpful: Essential for Decorating Tips! , December 30, 2001 Reviewer: Rebecca Johnson "The Rebecca Review" (Issaquah, WA)- See all my reviews If you are looking for ideas for that next decorating project, more than likely you can find at least one article each month to inspire you. With a focus on friends and family, gardening, interior design, building, family matters, flood, good health and shopping, you can't go wrong! I like the "Yours for the Asking" section where you can send away a postcard for more information instead of contacting each company. For mom's, the "kids project" section will be amusing and your kids will love the ideas. The cartoons are also cute and I had to laugh at the one that said: "Of course I love you. Didn't you get my fax?" Something about the pictures in this magazine always remind me of a bright sunny day. The open kitchens and lush gardens are just a treat to see. The recipe section really has a personality all of its own. The "Petite Caramel Apple" recipe they had in the September 2001 issue was so adorable! I look forward to every issue! Was this review helpful to you? ( Report this ) All Customer Reviews Average Customer Review: Write an online review and share your thoughts with other customers. 3 of 3 people found the following review helpful: Better Ads & More Ads , June 20, 2005 Reviewer: theosuperstar "theosuperstar" (Hallstead, PA United States)- See all my reviews This magazine is a waste of money and bores me. Nothing here to see but ads. Was this review helpful to you? ( Report this ) 2 of 2 people found the following review helpful: I love this magazine but... , October 7, 2004 Reviewer: Miss Seattle (Parker, Colorado)- See all my reviews most of the beautiful gardens I see are in Washington or Oregon or back east somewhere. Having lived in Washington, I do enjoy seeing some of the plants that I am missing here in Colorado, but it would be nice to see a more varied selction of gardens becasue we all can't live in the Pacific Northwest. I have a subscription to Sunset so I guess that will have to suffice, but I do wish BH&G would take that into consideration. Otherwise, I LOVE this magazine. I used to get several magazines, but this was always my favorite. It is chock full of ideas that we can really use. And I love the photography. What sets BH&G apart is that you can see a hint of life in these beautiful houses. Slippers on the floor, newspaper on the table and often the owners of the home are in the pictures too. They are sometimes blurred from movement which is actually nicer than a posed shot. It helps set the feeling that this home is lived in and is attainable. I would say get this magazine right away. I would have given it 5 stars except for the whole garden thing. Was this review helpful to you? ( Report this ) 7 of 10 people found the following review helpful: AKA...Better Homes and Advertising , February 18, 2004 Reviewer: A magazine reader (Glendale, CA United States) I ordered this magazine recently only to cancel my subscription. There is way too much advertising in the magazine and none of the crafts or projects really enticed me to get creative. It's too bad. Go with Martha Stewart Living or Sunset magazines instead, both high quality. Was this review helpful to you? ( Report this ) 6 of 17 people found the following review helpful: Hello... , January 8, 2004 Reviewer: A magazine reader (St. Helens, OR United States) For those of you that complain about advertisments in magazines, what are you whining about? How do you think magazines get a nice chunk of their funding? They have companies pay to have their products advertised in the mag. so shut up. On a happier note, I love this magazine. It has wonderfuly lovely ideas for make your house look beautiful though some of the ideas do seem a little pricey. Was this review helpful to you? ( Report this ) See all 18 customer reviews... So You'd Like To... Solve Your Back & Neck Pain For Female Athletes ? :by Dr Adam Weiss , Doctor and Author discover the Heart 'n' Soul of a BUNGALOW :by Lynda Thoreau , Arts and Crafts aficionado, ergonomist and designer Be a Southern Belle :by Krystn McKenney , Misplaced Southerner Listmania! Don"t bother me...I"ll be taking a LONG BATH. :A list by Jenni Moore , bath lover, spa scientist Interior Decorating Delights :A list by Psboston7 , 16 Various Magazine Subscriber Relaxing Gifts for Mom :A list by hugandkiss , anyone Browse for magazine subscriptions in: Titles, A-Z > B Subjects > Home & Garden > General Subjects > Home & Garden > Gardening I have read this magazine, and I want to review it. Is there a specific product you'd like us to sell? Tell us about it. 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6232 Real Estate Agents and Salespersons Quick Search Find an occupational description by entering its four-digit NOC code. 6232 Real Estate Agents and Salespersons Real estate agents and salespersons act as agents for the sales or purchase of houses, apartments, commercial buildings, land and other real estate and are employed in the real estate industry. Example Titles commercial real estate agent real estate agent real estate broker real estate sales representative residential real estate agent supervisor, real estate agents View all titles Main duties Real estate agents and salespersons perform some or all of the following duties: Solicit property sales listings from prospective vendors Assist vendors in selling property by establishing asking price, advertising the property, listing the property with listing services and conducting open houses for prospective buyers Assist prospective buyers in selecting, visiting, inspecting and making offers of purchase on real estate properties Advise clients on market conditions, prices, mortgages, legal requirements and related matters Draw up sales agreements for approval of purchaser and seller May rent or lease properties on behalf of clients. Real estate agents and salespersons may specialize in residential, commercial, industrial/institutional or rural real estate sales. Employment requirements Completion of secondary school is required. Completion of a real estate training course is required. Provincial or territorial licensure in the province or territory of employment is required. Additional information Real estate agents and salespersons normally work on a commission basis. Real estate agents may operate independently by obtaining a broker's licence in accordance with the regulations of the province of employment. A broker's licence is required to become a manager in real estate. Classified elsewhere Assessors, Valuators and Appraisers ( 1235 ) Insurance, Real Estate and Financial Brokerage Managers ( 0121 ) Mortgage brokers (in 1114 Other Financial Officers) Rental agents (in 1224 Property Administrators) Right-of-way agents (in 1225 Purchasing Agents and Officers ) Classification Structure - 6 Last Modified:2004/11/01 Important Notices



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