Jeannie Niles Real Estate Investment
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Rethinking Your Current Properties
I always encourage my clients to “never be sellers” but there are times when a property needs to be eliminated from a portfolio.
I recommend doing an annual assessment of the property, examining how it is performing, and deciding whether changes need to be made.
Some reasons for selling because of the PROPERTY
Area becoming less desirable.
higher crime rate
pending development that will lessen your value.
quality property management not available
location is to far away for regular inspections.
too many vacancies in the area.
Some reasons for selling because of the OWNER
reducing number of properties into larger properties.
need to utilize profits for living expenses/travel.
tired of hassles…maybe a bad experience with a property?
financial position has changed:
if positive…you can afford more risk. E.g., commercial property?
if negative…you need to lessen exposure. E.g., single family home 1 year old.
change in tax law that effects your holdings.
The above are just examples – discuss with a professional your ideas as well as obtain suggestions. Your real estate should be providing all the benefits available to you.
Basic Investment Info
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While your strategy will change depending on the market, there are 4 primary ways to make money in real estate.
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When crunching the numbers on a property, you'll often encounter some real estate lingo. Here's what things like 'cap rate' mean, and how to use them.
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There are some basic strategies that apply across the board no matter where you are investing or what the current economic conditions are.
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Good brokers don't simply sell you property, they help you define your investment strategy.
Investment Strategy
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Now is the time to be buying! Aggressively priced properties are selling over listing price with multiple offers.
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While almost everyone says they invest for “MONEY,” in reality, we all invest for what we expect the “MONEY” to provide us. Read on for info on defining realistic goals and developing a strategy to achieve them.
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Compared to other types of investments, real estate provides you an incredible amount of control over your property.
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When I work with a client, I try to match the type of property to the investor's personality and portfolio.
Optimize Your Portfolio
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I always encourage my clients to “never be sellers” but there are times when a property needs to be eliminated from a portfolio.
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If you currently have an option loan, also known as an exotic loan and want to get out of it, there are some serious issues to address.
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Good property management is the number one factor in the success of your real estate portfolio.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
