How to Keep Cash Reserves Intact for Long Term Investment Purpose

It is natural as we explore more investment opportunities; we also become aware of our financial situation. Well to tell you the truth, there are some investors who can maintain small reserves than others. To calculate your cash reserve, you need to answer these questions:

·         What’s your total income?

·         What are your savings after tax?

·         How many cash flow properties do you have?

·         How much cash flow do you have?

·         Are you planning to add major changes to your profile?

·         What is your other source of income?

After answering these questions, you will have a clear situation of your cash reserve. Plan your cash flow according to the cash availability. With the cash flow, your portfolio’s visibility improves. Long term investment is done for creating cash reserve for your future. Therefore always maintain your cash reserve for difficult times as you know things might change.

Six Pillars of Success in Real Estate Business

In this blog post I will tell you six pillars to success in real estate investing business. There’s been a lot written about how to achieve success in real estate business but many real estate investors exaggerate the key to success. The key to success is not so different from the lessons taught by success gurus for many years. Six pillars of success are:

·         Conquer Your Fear:

It is the most important obstacle that you need to overcome. Conquering or overcoming your fears means to master your fears of failure and loss that are becoming hurdle in your success.

·         No Overnight Success Rule:

There is nothing like overnight success in property investment business. You have to give your time and energy to your business, without your time and energy, you can’t achieve success.

·         Count on your Relationships:

When it comes to real estate business, relationships are everything. Maintaining good relationship with the right persons in the business can bring you success.

·         Focus on your Strength Areas:

In investment business, focusing on your positive points instead of negative ones is very important. Bring out your strength areas and use them to overcome your weaknesses.

·         Give and Take:

To become successful in business, focus on giving others some of your help. In this way, you can get some help from them as well in the time of need.

·         Learn, Learn and Learn:

Learning is a continuous process in real estate business. Learn new skills; never stop your learning process. Attend seminars, meet new people, and learn new ventures of investing.

How to Grow Property Investment Business

When you choose property investment as your main business then the first thing you should concern about is cash flow. How to keep the money flow going? The best way to increase your cash flow is to cut down your expenses and spent those expenses in business. Saving your money by letting go off the unnecessary expense s is a must.

I started with small expenses like hiring a plumber and gardener to do the household task so that I could concentrate more on my property investment business rather wasting time on these activities. I started out by focusing on business finding deals. I have fixed my home chores, like I have a plumber to do the fittings, electricians to look after the electricity issues and similarly everyone else to do their own work. This little team allows me to work and concentrate on my business more.

Today I have grown and developed my business. It took a little while to understand the priority of things and arranging things but now I witness my career move and it is because of those little things that I was not considering much important in my life. I want to advise you to let go off small things and make space for big things that affect your business and life in a positive way J

How to Earn Returns in Property Investment Business

Getting numerous returns against your property is one of the most exciting accomplishments in property investment business. You can have unlimited returns when you don’t have large amount of money invested in any property but you just own it and it is giving you high profits. Most investors use “no money down strategy “in real estate business to generate infinite income. In this strategy, the property investor finds a motivated seller that carry loan for down payment or other big amount. In this way, the investor buys the property without spending his money.

The other strategy that many of the investors may follow is cash out refinance strategy. This strategy does not need any seller but still let you earn various returns on investment. Unlike the “no money down strategy”, you will end up with no property of your own. In this strategy, you wait for the price of the property to increase and then when it reaches the high price, you take your money out.

However, always remember, no property investment strategy can be perfect for any situation. Before investing in property, make sure, your seller is a nice person.  Always support your property investments by using infinite strategies so that you will not be doubtful of future.

Make Money even on a Vacation

Nowadays travelling expenses are increasing day by day and travellers are looking for ways to save their money and reduce expenses while travelling. Rentals for vacations are greater in price as compared to local hotel room. These rentals are equal to the price of 3 to 4 night stay at any hotel or resort.

Buying a property place at a vacation resort and then renting it out on high prices is one of the greatest investment techniques. Renting out vacation property had many conveniences for owners. If owner of the property stay there, he can take good care of his house too. Vacation properties also include cleaning activities, free wireless internet, large TV or DVD system, games etc. are mostly found in the houses that you rent.

You can also access swimming pool, hot tubs, golf courses, and other walking or cycling trails. These things are usually not available in normal rented property but they are available in vacation rentals.

Vacation rentals also vary according to size of the house and your budget. You can choose from the low budget property assist to luxurious bungalows available. When your stay in vacation rentals, they usually offer you breakfast and other meal benefits. So if you are planning to go on any vacation to some resort, why not try out vacation rentals for a good change and enjoy.

Happy Vacations J

Why not invest in Property? Are you ready?

If you are following real estate business for quite some time then you must have heard of all those stories in which people get into the business and made money. Despite these success stories that we hear almost every day, we still hesitate when it comes to investing in property. Why is it so? Because we don’t consider those “investors” among “us”. We think those people are some other people who can invest and earn profit but just not us. We don’t want to accept that “they “are really like “us”.  

The truth is there is no difference between them and us. Now you must be thinking how can I be sure of something? I am saying it so confidentially because I, myself am a struggler and have seen many people like me reaching success.

The difficult part in this business is the starting time. You will face difficulties and hurdles, but if you continue with your hard work and confidence, you can reach the heights in property investment business. Many people have succeeded in past and they have transformed their lives from an average full time worker to a millionaire.

You just have to give it your best and you can do it. So are you ready to invest in property?