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Anynomous

24 December 2018

Happy Holidays!!!
Anynomous

10 December 2018

Great networking meeting for all Real Estate Investors
Anynomous

05 November 2018

Forming an LLC for Real Estate Investments: Pros & Cons Over the last decade, limited liability companies (LLCs) have become one of the most preferred forms of business entities through which to hold title to investment real estate properties. LLCs did not come into existence in the United States until 1977 when the State of Wyoming enacted special legislation to accommodate the needs of oil companies. Prior to LLCs, real estate investors seeking limited liability protection ...
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Anynomous

05 November 2018

Investing in Real Estate: How to Diversify Your Portfolio Andrew Carnegie—founder of U.S. Steel and one of history’s richest men—once observed, “More millionaires have been made through owning real estate than through all other industrial investments combined.” Owning real estate investments remains one of the most effective means of growing one’s wealth. But to fully take advantage of the opportunities the real estate market affords, those planning on purchasing investment p...roperties should familiarize themselves with the different types of investment products and should spread their investment across several widely different opportunities. But how? Here are a few core concepts: What Is a Portfolio? Investors and industry professionals refer to a person’s collection of investments as a “portfolio.” This is a concept that basically encompasses all of your investments. So, if you own stocks, bonds and rental properties, that's what your portfolio consists of. What Is Portfolio Diversity? A portfolio is “diverse” when the investments it contains vary in relatively equal amounts. Keeping with our above example, a portfolio that is 90 percent stocks, 5 percent bonds and 5 percent rental properties is not diverse. A portfolio with 33 percent of each investment type would be considered diverse. In the context of a real estate-specific portfolio, diversity means owning several different kinds of real estate investments. Why Is Diversity Important? This is a great question that a lot of new investors overlook. Here’s an example that may resonate with many. In 2008, the housing market collapsed. Many people lost their homes, and the average value of those homes went down dramatically. If you were a real estate investor who focused only on renting out houses, there's a good chance your net worth went down in 2008, even though your cash flow might have still been good. But, if you were a real estate investor who also owned other properties like commercial real estate, you were more likely to maintain your wealth. How Do I Diversify My Real Estate Portfolio? For the new investor, or for the investor who hasn’t explored much of the market, your first stop should be at the offices of an experienced REALTOR® who works specifically with real estate investors. An experienced investment REALTOR® can help you find the right properties—and the right balance of properties—to secure your wealth and make you a tidy profit. Thanks to freelance writer Dixie Somers
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Anynomous

13 July 2018

Open House 1-3 Sun. 7/15
Anynomous

05 February 2018

4 Times an Umbrella Insurance Policy Could Save You
An umbrella insurance policy covers you above and beyond your regular insurance policy. It is meant to help you if some type of accident occurs and the coverage needed exceeds the amount of your regular policy. Basically, it covers you for an issue that you can be deemed responsible for. Let's look at some examples. 1. When a Dog Bites Our dogs are our friends, but sometimes they can act out of character for whatever reason,... and we may not be able to control the situation or may not be around. This could lead to a dog biting another person on your property. If this results in bodily injury to that person and he or she files a claim, it could possibly exceed your regular policy. The person could take you to court as well, resulting in even more cost to you. An umbrella policy will give you the extra cushion to cover those expenses. 2. You Have the Coolest Jungle Gym in the Neighborhood, Until Someone Gets Hurt Having the best jungle gym or the only pool in the neighborhood can be fun when you have kids and all their friends come to hang out at your house. (Such potentially dangerous delights are known in the insurance world as "attractive nuisances.") Then a kid gets hurt and the fun stops. While we hope that parents understand things happen when kids are playing, sometimes it is not that simple for the parent of the child who got injured. This can result in them filing a claim against you and, depending on the severity of the injury, the costs could well exceed your regular policy. Your umbrella policy will give you a cushion to fall back on. 3. Landlord Liabilities If you own rental properties, then you can have liabilities tied to those properties. Sometimes they may be things that you haven't noticed, like a crack in the walkway. If something like this results in bodily injury, then it is possible that you will be held responsible and legal action could be taken against you. Just as in the other examples, the umbrella policy will cover you for additional expenses above your homeowner policy. 4. Be Careful What You Say About Others You may have been told that if you do not have anything nice to say, then do not say anything at all, but sometimes it is hard to hold your tongue. In these cases, it is important to be careful about what you are saying, as well as about what audience you are saying it to, or through what outlet. Something negative said or written could be considered slander or libel by the person it is being said about. This could result in legal action taken by that person, and — you guessed it — an umbrella insurance policy will cover you. Thanks to Usha P. of Keller Williams
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Anynomous

05 February 2018

"Some people want it to happen, some wish it would happen, others make it happen." —Michael Jordan

"Don't wait. The time will never be just right." --Napoleon Hill, American self-help author
Anynomous

15 November 2017

Let's all help our US Marines help give toys to underprivileged kids.
Anynomous

06 November 2017

Please come out and join me for fresh-baked cookies!
Anynomous

31 October 2017

6 Easy DIY Projects That Will Boost Your Home’s Value Invest in your landscaping -- Landscaping is often regarded as one of the top three ways to add value to your home in terms of return on investment. Homegain.com conducted a survey of 2,000 brokers in 2007. The results indicated you could possibly quadruple an investment of $400-$500 on well-planned landscaping. That said, just throwing a couple hundred dollars at plants is not a good approach. Instead, focus on creat...
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Anynomous

30 October 2017

Who says there are no great, affordable, houses for sale?
Anynomous

19 October 2017

Good job Michael Madden explaining Facebook Live!

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