Last night, as our dog Bram was drooling over Dave eating crackers and cheese, my Mom said:
If we all could focus on making money like dogs focus on food we would all be millionaires by the time we turned five.
Ok, five years old is a stretch but my Mom is definitely onto something. When you make something your focus, even just for an hour, how much do you accomplish? In this day and age of blackberries and iPhones, very few people focus on any one thing for long. So, think of the power of actually giving your biggest goal one hour of 100% attention every day. What if you focused an hour a day on building real estate wealth?
This means that you would spend one complete hour every single day with the sole goal of building your real estate wealth. What would you do with that hour if you are just starting out? Here are some ideas:
* Before you do anything - figure out what your goals are! How can you focus your way to real estate wealth if you haven't defined what that wealth is, or how you want to achieve it?
* Read a book about real estate investing. There are some great books out there that will help you learn the basics. If you are Canadian, I highly recommend you read Making Money in Real Estate by Douglas Grey.
* Research property values in your target area (and if you don't have a target area, then you should be researching potential areas looking for places where there is going to be some positive changes to the economy or the housing market).
* Research real estate agents and property managers for your target area, and start making calls to find people that you would be comfortable working with.
* Speak to a mortgage broker to get a handle on your financial situation, and what you can qualify for in an investment.
* Visit open houses in your target area.
* Start researching rental rates in your target area by reading newspapers, checking craigslist and other rental websites.
I am sure you can think of so many more things to do to move yourself towards your goal! With an hour a day, you will be surprised and impressed with how far you've come after just one month. But how to find that hour a day?
Here are some of my favourite blog posts along the lines of this subject. Search for them in google and read them for inspiration and motivation!
* Tim Ferriss - one of my favourite blogs - specifically read 4 Hour Work Week Blog: 9 Habits to Stop Now: Once you read this I am pretty sure you will find several ways to get an hour out of your day. For me, it's checking my email MUCH less!
* Rock Your Day - Lots of posts on getting up really early to rock your day. Always great content in this blog. Read: Rock Your Day: Catch Yourself Making Excuses and then do Something About it.
* Early to Rise - Daily newsletter which I have been reading for over four years now. Early to Rise is FULL of great ideas for making money, being healthy and maximizing your potential in whatever you want to do. Read: Early to Rise: 3 Steps to Success.
Anyway - it's now time for me to focus my way to Real Estate Wealth. Or, is it time to take Bram for a walk? I think Bram is telling me it is walk time... well I will focus after I walk the dog...
Free tips and information on investing in Real Estate in Canada at http://www.revnyou.com Get Julie's stories free to your in-box each month by signing up for the Rev N You with Real Estate newsletter, and get a free starter tips guide where you'll learn:
* Three easy ways to make money in real estate (so easy you'll be making money while you sleep!),
* How to buy properties in Canada with limited cash,
* Your property type
* The easiest way to get financing,
* How to select a location and begin the search for your next (or first) property purchase.
Article Source: http://EzineArticles.com/?expert=Julie_A_Broad
Friday, August 29, 2008
How Not to Lose Ten's of Thousands on Your Real Estate Deals
Not Doing One Last Thing Prior to Closing will cost you
The answer to the question, why are inventory checks important, is pretty straightforward. It doesn't take a real estate wizard to realize that reviewing the inventory is a must before putting down one's hard-earned money to buy a property. Yes, I am willing to admit that the process of checking each and every item on the inventory can be highly boring, even frustrating at times. However, I think we both know that there is no denying the significance of carrying out this process efficiently and effectively. After all, you, as the buyer, don't want unpleasant surprises thrown at you later on. So it pays to thorough during inventory checks, than crying over spilled milk later.
The most basic type of inventory inspection you can conduct is a simple visual inspection of the place. Although this will give you an overview of the place, this method doesn't really guarantee efficiency as you aren't really in the position to provide proof if you find something out-of-order later on. Therefore, it is highly advised that you make use of videotapes when conducting your inspection.
The proper procedure for carrying out a recorded inspection starts off by first clearly indicating the date and the time the inspection is commencing. As there are likely to be other third parties with you, you should introduce them at the beginning of the video. Ensure that at least one of the other members is part of the seller's team, thus granting your videotape greater strength.
While making the video, you are bound to be entering and exiting various areas and rooms. Therefore, before you enter each room/area, make sure to announce each location clearly. Providing such a verbal introduction to an area will allow you two-tiered benefits; firstly, this will help you keep track of things in case a problem arises, and secondly, this will ensure further verification for your point of view.
Make sure you clearly indicate and clearly state any problems you may find during the inspection. If an item is found missing, point that out as well. Be thorough in your inspection because you don't want to end up in a dispute about something found missing or damaged later.
Regardless of how cordial or trustworthy the seller may seem, don't, I repeat, don't, under any circumstances, accept the inventory list at face value. I'm not trying to tell you that the seller is out to scam you, although there are many incidents in the papers everyday which prove me otherwise. I am merely trying to inform you that people are prone to making mistakes. Hence, it's always better not to land up in a situation where you have to pay for the mistakes of others. Do the hard work now so that you are able to reap the benefits later for many years to come.
http://www.ira-401k-realestate.com/IYF-Video-Opt-In/
About the Author
John Krol has over forty years of experience in business, marketing, sales, engineering, general management, real estate, and estate planning. He has worked for and with global companies such as IBM, Electronic Data Systems, and Mahindra British Telecom.
John's diverse business experience has given him the opportunity to work in twenty-six different countries spanning three continents. Projects have focused on everything from marketing, sales, distribution, and software training, to international studies and international marketing consulting.
In the last eight years, John has focused on real estate investment. He has comprehensively studied and developed tax-advantaged investing strategies, using IRAs, 401(k)s and 103s, to preserve and create wealth for clients. John has a BS from Brown in Computer Science, an MA through IBM in Industrial Electronics, as well as a PhD in International Trade and Management from the London School of Business. He continues to monitor the everyday changes in laws governing wealth preservation.
http://www.ira-401k-realestate.com/IYF-Video-Opt-In/
Article Source: http://EzineArticles.com/?expert=John_Krol
The answer to the question, why are inventory checks important, is pretty straightforward. It doesn't take a real estate wizard to realize that reviewing the inventory is a must before putting down one's hard-earned money to buy a property. Yes, I am willing to admit that the process of checking each and every item on the inventory can be highly boring, even frustrating at times. However, I think we both know that there is no denying the significance of carrying out this process efficiently and effectively. After all, you, as the buyer, don't want unpleasant surprises thrown at you later on. So it pays to thorough during inventory checks, than crying over spilled milk later.
The most basic type of inventory inspection you can conduct is a simple visual inspection of the place. Although this will give you an overview of the place, this method doesn't really guarantee efficiency as you aren't really in the position to provide proof if you find something out-of-order later on. Therefore, it is highly advised that you make use of videotapes when conducting your inspection.
The proper procedure for carrying out a recorded inspection starts off by first clearly indicating the date and the time the inspection is commencing. As there are likely to be other third parties with you, you should introduce them at the beginning of the video. Ensure that at least one of the other members is part of the seller's team, thus granting your videotape greater strength.
While making the video, you are bound to be entering and exiting various areas and rooms. Therefore, before you enter each room/area, make sure to announce each location clearly. Providing such a verbal introduction to an area will allow you two-tiered benefits; firstly, this will help you keep track of things in case a problem arises, and secondly, this will ensure further verification for your point of view.
Make sure you clearly indicate and clearly state any problems you may find during the inspection. If an item is found missing, point that out as well. Be thorough in your inspection because you don't want to end up in a dispute about something found missing or damaged later.
Regardless of how cordial or trustworthy the seller may seem, don't, I repeat, don't, under any circumstances, accept the inventory list at face value. I'm not trying to tell you that the seller is out to scam you, although there are many incidents in the papers everyday which prove me otherwise. I am merely trying to inform you that people are prone to making mistakes. Hence, it's always better not to land up in a situation where you have to pay for the mistakes of others. Do the hard work now so that you are able to reap the benefits later for many years to come.
http://www.ira-401k-realestate.com/IYF-Video-Opt-In/
About the Author
John Krol has over forty years of experience in business, marketing, sales, engineering, general management, real estate, and estate planning. He has worked for and with global companies such as IBM, Electronic Data Systems, and Mahindra British Telecom.
John's diverse business experience has given him the opportunity to work in twenty-six different countries spanning three continents. Projects have focused on everything from marketing, sales, distribution, and software training, to international studies and international marketing consulting.
In the last eight years, John has focused on real estate investment. He has comprehensively studied and developed tax-advantaged investing strategies, using IRAs, 401(k)s and 103s, to preserve and create wealth for clients. John has a BS from Brown in Computer Science, an MA through IBM in Industrial Electronics, as well as a PhD in International Trade and Management from the London School of Business. He continues to monitor the everyday changes in laws governing wealth preservation.
http://www.ira-401k-realestate.com/IYF-Video-Opt-In/
Article Source: http://EzineArticles.com/?expert=John_Krol
Become a Successful Real Estate Agent
Current Market
Nowadays, the US economy is facing one of the biggest recessions of all time. The real estate market is in a slump as well. But, like everything, it is not permanent too - there is nothing permanent except change.
Even in this condition, there are many areas where the property business does not have any bad impact as such. Though, now market is a buyer's market, but you can still sell and buy properties and earn a very good profit. It is important to understand that prime location properties are always in demand.
In this cutthroat competition, you have to be alert and act quickly as a good opportunity would not last longer - there are thousands of agents waiting for good opportunities in the market.
What businessman wants?
Every good businessman wants to buy a property at a low price and wants to sell it at a high price. This is the ideal time to buy good properties as their prices are low - a buyer can get very good profits once the recession period is over.
Look around for Properties
Always look around for those properties which are in the market for some time as usually their sellers are tired of waiting and ready to sell them at a negotiated or low price. Don't buy or recommend those properties that require a lot of maintenance work.
Moreover, if a house needs some minor repairs, get it done before calling the potential buyers for visits; always make the house as presentable as possible.
Nevertheless, you can buy or recommend a property that requires some maintenance work - in such cases, you can get the work done on your own in only a few hundred dollar, on the other hand, you can get a good discount from the seller.
Research is Key
Always do research about the neighborhood properties prices; it would help you in calculating the price of the property you are planning to buy. In addition, preference should be given in buying well-to-do neighborhoods. If you buy a property in run-down neighborhood, you might have to bear the loss - don't invest money in the run-down neighborhood.
Keep researching about the home you want to sell. Ask the owner about the history of the home - it might give you some good points that will help you in designing the sales pitch of the home.
Regardless of your working style, whether you are working as a part-time or a full-time real estate agent always try to attend seminar and conventions so that you can gain the knowledge of the current market trends and interact with other agents - you might get some customers over there too.
Make yourself as vocally expressive as possible. You should be a people friendly person. Never brag in front of your customers as it creates a negative effect - people are not mad these days, in fact, they are very well aware of the market.
'House for Sale' board is not ENOUGH
Remember! Only posting a board with the wordings like "House for Sale" does not do the job effectively. Always complete the paper work of the home so that it would not delay the selling process - it would also help you in improving your image as the customers don't want delays.
In the end, we can say that if you follow the aforementioned tips, you will certainly improve your impression among other real estate agents and potential customers; and eventually, you would be able to do more business.
Syed Rehan is associated with AgentCampus.com which provides Real Estate Education.
Article Source: http://EzineArticles.com/?expert=Rehan_Syed
Nowadays, the US economy is facing one of the biggest recessions of all time. The real estate market is in a slump as well. But, like everything, it is not permanent too - there is nothing permanent except change.
Even in this condition, there are many areas where the property business does not have any bad impact as such. Though, now market is a buyer's market, but you can still sell and buy properties and earn a very good profit. It is important to understand that prime location properties are always in demand.
In this cutthroat competition, you have to be alert and act quickly as a good opportunity would not last longer - there are thousands of agents waiting for good opportunities in the market.
What businessman wants?
Every good businessman wants to buy a property at a low price and wants to sell it at a high price. This is the ideal time to buy good properties as their prices are low - a buyer can get very good profits once the recession period is over.
Look around for Properties
Always look around for those properties which are in the market for some time as usually their sellers are tired of waiting and ready to sell them at a negotiated or low price. Don't buy or recommend those properties that require a lot of maintenance work.
Moreover, if a house needs some minor repairs, get it done before calling the potential buyers for visits; always make the house as presentable as possible.
Nevertheless, you can buy or recommend a property that requires some maintenance work - in such cases, you can get the work done on your own in only a few hundred dollar, on the other hand, you can get a good discount from the seller.
Research is Key
Always do research about the neighborhood properties prices; it would help you in calculating the price of the property you are planning to buy. In addition, preference should be given in buying well-to-do neighborhoods. If you buy a property in run-down neighborhood, you might have to bear the loss - don't invest money in the run-down neighborhood.
Keep researching about the home you want to sell. Ask the owner about the history of the home - it might give you some good points that will help you in designing the sales pitch of the home.
Regardless of your working style, whether you are working as a part-time or a full-time real estate agent always try to attend seminar and conventions so that you can gain the knowledge of the current market trends and interact with other agents - you might get some customers over there too.
Make yourself as vocally expressive as possible. You should be a people friendly person. Never brag in front of your customers as it creates a negative effect - people are not mad these days, in fact, they are very well aware of the market.
'House for Sale' board is not ENOUGH
Remember! Only posting a board with the wordings like "House for Sale" does not do the job effectively. Always complete the paper work of the home so that it would not delay the selling process - it would also help you in improving your image as the customers don't want delays.
In the end, we can say that if you follow the aforementioned tips, you will certainly improve your impression among other real estate agents and potential customers; and eventually, you would be able to do more business.
Syed Rehan is associated with AgentCampus.com which provides Real Estate Education.
Article Source: http://EzineArticles.com/?expert=Rehan_Syed
Saturday, August 16, 2008
Celebrities and Their Homes
Celebrities are big spenders in the fashion industry, motor industry and real estate as well. It is not always a success for all of them. Some have created their wealth and have maintained it for a good period, while others have shot to fame and lost the wealth that comes with it within a very short period.
Celebrities and their homes
Zillow, a company that performs rankings on real estate for celebrities, stated that Windermere listed a home in a neighborhood called Leschi for sale. It is to be sold for slightly over one million U.S dollars. Jimi Hendrix is said to have lived in this house.
Katherine Heigl, a star in the Grey's Anatomy series, plans to sell her home which is in Los Angeles for a total sum of about 1.7 million U.S dollars. She had bought this lavish house in the year 2006 for about 1.5 million U.S dollars.
Oprah Winfrey estimated her condo in Fisher Island, Florida, to be two million U.S dollars. Her condominium is not as lavish as would be expected of a house that costs that much, though location also counts when determining its worth.
Kiefer Sutherland's Silver Lake house cost him 4.895 million U.S dollars. He transformed the warehouse and made it his home. His taste and superiority in the Real Estate industry clearly indicates his status in society. Kiefer does his recording in his high quality studio from the comfort of his home.
Sylvester Stallone, a Beverly Hills inhabitant, purchased two mansions in an area called Thousand Oaks. One was estimated at 5.5 million U.S dollars while the other was projected to be 1.7 million U.S dollars.
Cary Grant's Daughter, Jennifer Grant, has her home estimated at 2.195 million U.S dollars. Another celebrity, Angela Bassett put up her French home for sale at a price of 3.8 million U.S dollars. By the time of the sale, the house had depreciated by 1.1 million. Chris O'Donnell, an actor, had his home sold for about 5.3 million U.S dollars. Rachel Zoe also had her house sold for 2.5 million U.S dollars. It was a two-bed roomed apartment situated in the Hollywood Hills.
There are quite a number of celebrities in the entertainment industry who made it big at some point in their lives but ended up bankrupt. Gary Coleman is such an example. This leads to demonstrate the importance of managing ones finances however small or large the income.
Julia Vakulenko is a licensed broker associate with Tampa4U.com Realty. She has one of the hardest working Tampa Real Estate team in Florida specializing in Tampa Condos and also in2Va T
Celebrities and their homes
Zillow, a company that performs rankings on real estate for celebrities, stated that Windermere listed a home in a neighborhood called Leschi for sale. It is to be sold for slightly over one million U.S dollars. Jimi Hendrix is said to have lived in this house.
Katherine Heigl, a star in the Grey's Anatomy series, plans to sell her home which is in Los Angeles for a total sum of about 1.7 million U.S dollars. She had bought this lavish house in the year 2006 for about 1.5 million U.S dollars.
Oprah Winfrey estimated her condo in Fisher Island, Florida, to be two million U.S dollars. Her condominium is not as lavish as would be expected of a house that costs that much, though location also counts when determining its worth.
Kiefer Sutherland's Silver Lake house cost him 4.895 million U.S dollars. He transformed the warehouse and made it his home. His taste and superiority in the Real Estate industry clearly indicates his status in society. Kiefer does his recording in his high quality studio from the comfort of his home.
Sylvester Stallone, a Beverly Hills inhabitant, purchased two mansions in an area called Thousand Oaks. One was estimated at 5.5 million U.S dollars while the other was projected to be 1.7 million U.S dollars.
Cary Grant's Daughter, Jennifer Grant, has her home estimated at 2.195 million U.S dollars. Another celebrity, Angela Bassett put up her French home for sale at a price of 3.8 million U.S dollars. By the time of the sale, the house had depreciated by 1.1 million. Chris O'Donnell, an actor, had his home sold for about 5.3 million U.S dollars. Rachel Zoe also had her house sold for 2.5 million U.S dollars. It was a two-bed roomed apartment situated in the Hollywood Hills.
There are quite a number of celebrities in the entertainment industry who made it big at some point in their lives but ended up bankrupt. Gary Coleman is such an example. This leads to demonstrate the importance of managing ones finances however small or large the income.
Julia Vakulenko is a licensed broker associate with Tampa4U.com Realty. She has one of the hardest working Tampa Real Estate team in Florida specializing in Tampa Condos and also in2Va T
How To Accept - And Love - Your Mobile Home Park Utilities
When you first buy a mobile home park, you are a little terrified of your water and sewer system. "What if it breaks down?" you worry. "Can I afford to fix it?". "Will my tenants get mad and leave if the water goes out for a couple days?".
One of the key things to remember is that each mobile home park's utilities has its own personality. Just like people, all utility systems have their own strengths and weaknesses. The key to living with your utility system is to recognize it's unique "personality" and to accept it for what it is. Here are a few of the different utility systems and their typical strengths and weaknesses:
Metal Water Lines
Burying metal in the ground is not a great idea. Metal rusts. So metal water lines are a time-delayed disaster. But how much time do you have? In some cases, a whole lot. I have seen metal water lines that have virtually no corrosion despite the fact that they're 50 years old. If you think about it, virtually all the water lines you can think of (unless you live in a brand new subdivision in a town that was entirely built in the 1990s) are made of metal. And everything seems to be O.K. Sure PVC is better, but metal can be just fine. And there's nothing you can do about it. Can I sleep at night with metal lines? You bet I can. I have had little trouble with all my metal lines, and I can definitely be proud of them with all their faults.
PVC Water Lines
If you have PVC water lines, you are a very, very fortunate person. There are very few parks out there that have them. They are the best. Nothing else can compete with them. Before you get too excited, make sure that the whole system is PVC. A lot of times, the park owner has retrofitted PVC onto metal lines where they come out of the ground. To have a PVC system, it has to be 100% PVC - below and above the ground.
Clay Tile Sewer
This was the standard design from about 1900 to the 1970s. Most of what you see out there is clay tile. It's basically sewer pipe that is ceramic - it looks like pipe made out of the same stuff as the flower pots at the fancy nursery. And it is really a pretty good system. I have had many clay tile sewer systems, and I was not worried about them when I went to sleep each night. The biggest weakness with clay tile is tree roots. The clay tile pipe does not fit together so tightly that tree roots can't find a way to get into such a terrific water source. So when you have clay tile, you will be doing a lot of rooter roto repair calls. But that's a manageable expense. The other weakness with clay tile is its inability to survive jetting of the lines. When you "jet" a line, you spray extremely high pressured water down the sewer lines to push any debris into the city main line. The high pressure spray can often cause a cracked pipe to cave in. When we discontinued jetting our clay tile lines, we had no further cave-ins.
Cast Iron Sewer Line
These are very rare systems. Of course, they are easy to work with. They don't cave in. They can deteriorate over time, theoretically, but I've never actually seen that happen. We've only had one of these systems, and the only fault it had was a series of "bellies", where the flow was slightly uphill in places to it would not drain properly. You would never lose sleep over a cast iron system.
Thin-Walled Plastic Sewer Line
This is the bad boy of the sewer pipe world. This is the crazy, undependable cousin of real utility lines. This junk will cave in all the time - sometimes in 50 foot segments. Having this type of sewer system is like inviting a mass murderer over as a house sitter. It might be O.K. or it might be a catastrophe. It's like the crazy gun slinger in a spaghetti western who might shoot you or smile at you. Living with that type of uncertainty will drive any sane person nuts. The only thing you can do with this type of system is "tough love"-if it can't work properly, then replace it. And make sure you budget for this eventuality when you buy the park. If I was looking at a park built with this junk, I wouldn't touch it unless I could re-pipe the entire park into PVC, and still have a great return on investment. And that's probably where you are going to end up, either replacing the system at one time or in sections over time. I can't sleep well with this stuff.
PVC Sewer Line
This is the Cadillac of the industry. It is, if properly installed, flawless. Whoever invented this stuff was a genius. I can think of no weakness with PVC. If you have a full PVC sewer system, then you are very lucky indeed.
Conclusion
Like people, water and sewer systems come in all types of shapes and sizes. But that does not mean that certain types are to be avoided or discriminated against. It is possible to accept the type you have, and be happy with it. You just have to understand the character flaws, and work around them.
To view Mobile Home Park Investing articles click here
About the Author:
Dave Reynolds is regarded as one of the leading Manufactured Housing Industry experts. He has purchased over 50 mobile home communities, 100's of mobile homes, and through his Mobile Home Parks website, he has helped thousands of investors buy and sell mobile home parks. Mr. Reynolds has also authored and co-authored some very informative books on investing in Mobile Home and RV parks. He can be reached at 1-800-950-1364 or via email.
Article Source: http://EzineArticles.com/?expert=Dave_Reynolds
One of the key things to remember is that each mobile home park's utilities has its own personality. Just like people, all utility systems have their own strengths and weaknesses. The key to living with your utility system is to recognize it's unique "personality" and to accept it for what it is. Here are a few of the different utility systems and their typical strengths and weaknesses:
Metal Water Lines
Burying metal in the ground is not a great idea. Metal rusts. So metal water lines are a time-delayed disaster. But how much time do you have? In some cases, a whole lot. I have seen metal water lines that have virtually no corrosion despite the fact that they're 50 years old. If you think about it, virtually all the water lines you can think of (unless you live in a brand new subdivision in a town that was entirely built in the 1990s) are made of metal. And everything seems to be O.K. Sure PVC is better, but metal can be just fine. And there's nothing you can do about it. Can I sleep at night with metal lines? You bet I can. I have had little trouble with all my metal lines, and I can definitely be proud of them with all their faults.
PVC Water Lines
If you have PVC water lines, you are a very, very fortunate person. There are very few parks out there that have them. They are the best. Nothing else can compete with them. Before you get too excited, make sure that the whole system is PVC. A lot of times, the park owner has retrofitted PVC onto metal lines where they come out of the ground. To have a PVC system, it has to be 100% PVC - below and above the ground.
Clay Tile Sewer
This was the standard design from about 1900 to the 1970s. Most of what you see out there is clay tile. It's basically sewer pipe that is ceramic - it looks like pipe made out of the same stuff as the flower pots at the fancy nursery. And it is really a pretty good system. I have had many clay tile sewer systems, and I was not worried about them when I went to sleep each night. The biggest weakness with clay tile is tree roots. The clay tile pipe does not fit together so tightly that tree roots can't find a way to get into such a terrific water source. So when you have clay tile, you will be doing a lot of rooter roto repair calls. But that's a manageable expense. The other weakness with clay tile is its inability to survive jetting of the lines. When you "jet" a line, you spray extremely high pressured water down the sewer lines to push any debris into the city main line. The high pressure spray can often cause a cracked pipe to cave in. When we discontinued jetting our clay tile lines, we had no further cave-ins.
Cast Iron Sewer Line
These are very rare systems. Of course, they are easy to work with. They don't cave in. They can deteriorate over time, theoretically, but I've never actually seen that happen. We've only had one of these systems, and the only fault it had was a series of "bellies", where the flow was slightly uphill in places to it would not drain properly. You would never lose sleep over a cast iron system.
Thin-Walled Plastic Sewer Line
This is the bad boy of the sewer pipe world. This is the crazy, undependable cousin of real utility lines. This junk will cave in all the time - sometimes in 50 foot segments. Having this type of sewer system is like inviting a mass murderer over as a house sitter. It might be O.K. or it might be a catastrophe. It's like the crazy gun slinger in a spaghetti western who might shoot you or smile at you. Living with that type of uncertainty will drive any sane person nuts. The only thing you can do with this type of system is "tough love"-if it can't work properly, then replace it. And make sure you budget for this eventuality when you buy the park. If I was looking at a park built with this junk, I wouldn't touch it unless I could re-pipe the entire park into PVC, and still have a great return on investment. And that's probably where you are going to end up, either replacing the system at one time or in sections over time. I can't sleep well with this stuff.
PVC Sewer Line
This is the Cadillac of the industry. It is, if properly installed, flawless. Whoever invented this stuff was a genius. I can think of no weakness with PVC. If you have a full PVC sewer system, then you are very lucky indeed.
Conclusion
Like people, water and sewer systems come in all types of shapes and sizes. But that does not mean that certain types are to be avoided or discriminated against. It is possible to accept the type you have, and be happy with it. You just have to understand the character flaws, and work around them.
To view Mobile Home Park Investing articles click here
About the Author:
Dave Reynolds is regarded as one of the leading Manufactured Housing Industry experts. He has purchased over 50 mobile home communities, 100's of mobile homes, and through his Mobile Home Parks website, he has helped thousands of investors buy and sell mobile home parks. Mr. Reynolds has also authored and co-authored some very informative books on investing in Mobile Home and RV parks. He can be reached at 1-800-950-1364 or via email.
Article Source: http://EzineArticles.com/?expert=Dave_Reynolds
Tramita Real Estate Fund Has Grown 2,342.40% Since Its Inception
Tramita Real Estate Fund is a name for trust. It is the perfect solution for investing in real estate securities. The firm believes in giving strong return potential to its clients. Tramita aims to circumvent the numerous factors that typically affect the traditional financial assets. The boom in the real estate market in the Middle East has opened new avenues for profit making ventures. Tramita believes that real estate securities are a means of achieving meaningful diversification in order to enjoy the benefits that may be associated with it. The real estate in the Middle East offers strong opportunities for making money and Tramita aims at delivering the advantages to its customers keeping in mind the need for protection in a bear market and favorable returns.
Investing in the real estate funds in the Middle East has been made easy by the products offered by Tramita. Tramita Real Estate Fund offers the security of a growing investment with due consideration to its security. Tramita allows you to liquidate your assets within a span of twenty four hours since they are evaluated on a regular basis. The entire process is transparent and easy to understand. Tramita emphasizes on the importance of long term investments since you stand to gain the most out of them. Tramita Real Estate Fund jumped above $150 in 2007, which is nearly 600 percent since the inception in 2002. Also, Tramita Real Estate Fund has grown 2,342.40% since its inception, giving 86.42% returns in year 2007 and average of 62.52% since year 2002. Hence, the Middle East real estate fund is being regarded as the next big offering in the scheme of long term investments.
The boom in the real estate sector in the Middle Eastern countries is predicted to continue for another ten years. Experts are of the opinion that if this region does not face natural calamities in the coming years, this drift will continue to be on the rise for the next decade. Once upon a time, these countries were regarded as mere stretches of sand. Now, it seems to be an area of furious activities. In many of the Gulf countries, the cities have been customized and designed by the respective governments. One good example is the King Abdullah City, which is the largest project that has been initiated with the total expenditure at $26 billion targets the earlier underdeveloped stretches of Saudi Arabian coast lines.
Another good example is Oman that has been redesigned in order to accommodate the two million tourists that visit it each year. The entire real estate development also aims to provide added comforts to its 250,000 permanent residents. Examples of similar such developments are the New Town and Industrial Projects in Bahrain, which are believed to cost over $2.2 billion. These are typically constructed on reclaimed land since a shortage of land is being perceived. The Lusail development project in Qatar that is evaluated at 5 billion is set to hold 200,000 inhabitants.
Perhaps the best known example of the boom in real estate is Dubai. Dubai has many projects valued at a figure close to $200 billion. The demand for real estate in Dubai seems to be on the rise everyday. The American magnate Donald Trump who bought property in Dubai only to reap in the profits recognized this trend in the earlier days. Soon, many other celebrities too, followed suit. The residential, commercial as well as tourist estate suddenly has an increased demand. Not to be left far behind is Abu Dhabi and the adjacent areas. These areas, too are witnessing a rapid real estate boom.
Form above you must be convinced that the Tramita Real Estate Fund is most ideal and beneficial for making investments in the real estate market.
Article Source: http://EzineArticles.com/?expert=Victor_Frantz
Investing in the real estate funds in the Middle East has been made easy by the products offered by Tramita. Tramita Real Estate Fund offers the security of a growing investment with due consideration to its security. Tramita allows you to liquidate your assets within a span of twenty four hours since they are evaluated on a regular basis. The entire process is transparent and easy to understand. Tramita emphasizes on the importance of long term investments since you stand to gain the most out of them. Tramita Real Estate Fund jumped above $150 in 2007, which is nearly 600 percent since the inception in 2002. Also, Tramita Real Estate Fund has grown 2,342.40% since its inception, giving 86.42% returns in year 2007 and average of 62.52% since year 2002. Hence, the Middle East real estate fund is being regarded as the next big offering in the scheme of long term investments.
The boom in the real estate sector in the Middle Eastern countries is predicted to continue for another ten years. Experts are of the opinion that if this region does not face natural calamities in the coming years, this drift will continue to be on the rise for the next decade. Once upon a time, these countries were regarded as mere stretches of sand. Now, it seems to be an area of furious activities. In many of the Gulf countries, the cities have been customized and designed by the respective governments. One good example is the King Abdullah City, which is the largest project that has been initiated with the total expenditure at $26 billion targets the earlier underdeveloped stretches of Saudi Arabian coast lines.
Another good example is Oman that has been redesigned in order to accommodate the two million tourists that visit it each year. The entire real estate development also aims to provide added comforts to its 250,000 permanent residents. Examples of similar such developments are the New Town and Industrial Projects in Bahrain, which are believed to cost over $2.2 billion. These are typically constructed on reclaimed land since a shortage of land is being perceived. The Lusail development project in Qatar that is evaluated at 5 billion is set to hold 200,000 inhabitants.
Perhaps the best known example of the boom in real estate is Dubai. Dubai has many projects valued at a figure close to $200 billion. The demand for real estate in Dubai seems to be on the rise everyday. The American magnate Donald Trump who bought property in Dubai only to reap in the profits recognized this trend in the earlier days. Soon, many other celebrities too, followed suit. The residential, commercial as well as tourist estate suddenly has an increased demand. Not to be left far behind is Abu Dhabi and the adjacent areas. These areas, too are witnessing a rapid real estate boom.
Form above you must be convinced that the Tramita Real Estate Fund is most ideal and beneficial for making investments in the real estate market.
Article Source: http://EzineArticles.com/?expert=Victor_Frantz
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