The Perfect Condo for Me

One day, I will own a really nice house on a large spread of land. Right now though, I need to keep my sights on something that is more affordable to me as I work my way up the corporate ladder. That is why I wanted to find an executive condo in Singapore, because I knew that it was something I would be able to afford. I had been living in a flat that I had outgrown, so I wanted something that was nicer and more convenient to my work location. I did not want to have to go to each development to look at them in person, so I looked online.

I was able to find a website that had all of the executive condos in my area there. Read the rest of this entry »

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How To Market & Promote Your Real Estate Business

Every real estate brokerage, mortgage company, interior design company, and real estate law firm wants to increase business, to drive up sales and revenues. They may try a variety of tactics, but the results often fall short of expectations. What to do?

To attract new clients, one must be positioned as a leading expert. No one wants to retain the services of mediocrities. One begins to be perceived as an expert by publishing bylined articles, being the subject of press releases and of direct mail solicitations, and by putting on seminars and webinars. One’s years of accomplishment, skills at achieving results, and creativity in overcoming obstacles can all be highlighted and, where possible, made the subject of valuable media stories.

Here’s a concrete example of what I did for one of my clients, an interior design firm. Prior to retaining my services, the principals had been making cold calls and knocking on doors trying to drum up business. They got a few prospects, but an even smaller number of them turned out to be clients. They tried to make deals with leasing agents and building managers, but so does everyone, and the competition is fierce. Raising the ante of incentives can made one feel the need for an ever-faster revolving line-of credit. Read the rest of this entry »

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Commercial Real Estate Career – How to Get Started and Build Your Business Faster

In commercial real estate working as a real estate agent it is easy to be overwhelmed with exactly what to do and where to start. When you are new to the industry this is a daunting challenge. If you make the wrong choices or you start off on the wrong foot, you can waste a lot of time and miss a lot of business.

If the wrong person teaches or advises you in the industry, the implications can be dire. If someone is sharing their experiences to get you up and running as a commercial real estate agent, ask yourself these questions:

  1. Do they really know what commercial real estate is all about?
  2. Do they do the deals or do they just say that they do?
  3. Have they got a proven track record in commercial real estate?
  4. Do they know what is going on in the local property market?
  5. Can they give you diverse skills and knowledge in commercial sales, leasing, and property management? Read the rest of this entry »

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How to Automate Your Real Estate Investing Business

One thing you will quickly see when you get into Real Estate investing is that there is a lot of work to do in order to get a deal and weather you are a rehabber or a wholesaler, you still have to do a lot of work before it is sold. In the beginning of most investors businesses they usually have more time than money and so you end up doing everything yourself in order to keep your costs down and maximize your profits. Heck, advertising itself is expensive enough, and if you have little to no money to start with you are forced to do everything yourself just to get your first deal.

This is fine and almost everyone starts off that way but you don’t want to always stay that way, even if you can make a larger piece of the pie by doing so. Why is that though? Why wouldn’t I want to do it all myself, if I can save money and make more per deal? There is a very simple reason WHY you want to pay someone else to do certain things and why it is important for you to focus on others. The simple answer is not all tasks of a Real Estate investing business are “worth” the same. Saying that same sentence in another way, many tasks are simple enough that anyone can do them while others require thought, innovation, leadership and communication skills.

If you look at any corporation, the lowest paid workers are usually the no skilled workers where their job does not take any special schooling to do, and those jobs pay the least. Anyone can be taught how to clean a toilet:P The middle tier of workers usually require some sort of degree or a special skill set to do their jobs and those workers get paid more as a result. The top tier of any corporation are the people with the innovative ideas, leadership and communication skills to make it all happen. As a result, they get paid the most. Your Real Estate business is the exact same thing as any corporation, so treat it that way! Read the rest of this entry »

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Real Estate Investing – Hobby Or Business

Real estate investing is an opportunity that allows anyone, regardless of education, experience, family background, gender, or age, a credible way to have their own, home-based business, own their own life, make more money, contribute to others, and grow to be the best person they can possibly be.

Is your pursuit of accumulating wealth through real estate a hobby or a business? I went to my dictionary for help in defining each word.

Hobby: An activity or interest pursued for pleasure or relaxation and not as a main occupation.

When I apply this definition to my own life I can safely say that fishing, hiking, boating, and camping are my hobbies. I have never made money at any of these. Real estate is my business and I have made money in my business. When I let the hobbies consume too much of my time they restrict the growth of my business. There are some fortunate people who start out with a hobby that grows into a business. The rest of us need to grow into a business that helps us pursue our hobbies.

John Cotton Dana said, “Of hobbies there are many, many kinds. For example, money-making. But money-making is not exactly a hobby, for it will scarcely carry a boy along in continuous joy, comfort and pleasure – to say nothing of a full-grown man. Money comes, not because it is ridden as a hobby, but because a real hobby is ridden so cleverly and carefully that it oozes out money on the side!” Read the rest of this entry »

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