Monday, September 24, 2007

Real Estate Investing LIES Unveiled

by Steve Majors
Real Estate Investing is not about doing flips, No Money Down or even 'buy and hold'. So many people have been LIED to about Real Estate investments, and I, for one, think it's time to 'get real' about your Real Estate Investing.

This article describes just what these lies are, where they come from and how you can stop them before they stop you - and your successful real estate investing career!

Let's get REAL about something - and quelch the LIES you have been told about Real Estate Investing…

What I am going to reveal to you are some basic truths about Real Estate investing - truths that may totally affect the Real Estate investments you have now - and certainly I intend to modify the way you do Real Estate investing in the future.

Let's get right to it - and into the heart of the real estate investing issue…

You have been programmed all your life to become what you are today - from school, friends, relatives and, yes, your parents.

Recent studies show that you are who you are now, more from what you learned prior to age 8 than in anything else you have learned since.

Now, that may surprise you, but it is true that what you learned at the earliest ages affects the way you make Real Estate investments today, and the type of Real Estate investing success you will have going forward!

Yes, that's a bit shocking…

You see, if you grew up in an environment where you heard things like “We can't afford it”, “Be sure you have saved enough and have the cash to buy it (i.e., never use credit)” or numerous other phrases that you now hear yourself saying (you know what I'm talking about - those times you catch yourself "becoming your parents"…), it is because of your early programming (from 0-8 years) and what you were told about money, success and life in general.

That is controlling your current income - and your success - or lack of it...

The things you were told at that early, most influential age, are now creeping out and affecting how successful you are in business, in life and yes, in your Real Estate investing.

THERE IS GOOD NEWS

The greatest thing about this fact - as horrible as it seems - is that you can change the 'programming' - you have the power to do it!

You can reprogram yourself in any way you want - have anything you want - do anything you want…

All it takes is simply to 'reinstall' the right kind of thinking.

And, it is easier than you might think!

One of the best ways to do that is to get a CD audio set from someone you like to listen to - someone that thinks positively and speaks of the life you want to live. Many home study courses are available (yes, including mine) that are designed to inspire and motivate you, while they teach you the methods and secrets of real estate investing.

Purchase one - listen to it, over and over - until you hear yourself speaking that way, too.

You see, we are all simply creatures of habit and environment - if we allow junk to get into our heads, all we will ever say is junk coming out.

If all you listen to is the bad stuff in life (like the TV news, most 'talk radio' shows, those TV 'real life' shows that end up in fights - you know the ones…, and even violent movies where the language is nothing you'd ever expect to hear from your own lips…), that is exactly what you will wind up sounding like!

It is true - 'you are what you eat' - and that counts just as much for what you put in your ears as it does for what you put in your mouth!

If you spend your time around 'bar people', you'll speak and act like them. Not that there's anything wrong with that, as long as you made a conscious thought that it is what you want, but I think you'd be much more successful at Real Estate investing if you were listening to a successful person teaching you about Real Estate Investing!

Now, let's get right to the point about the various methods and concepts you have learned about Real Estate Investing…

You may call yourself a 'real estate investing expert', but if you have to get up every morning and wonder where your next check is coming from, you aren't making real estate investments, you are being employed in a Real Estate Investing JOB!

Yes, that's a hard-hitting statement.

You see, I want you to 'get real' with yourself and simply admit it - Real Estate investing is when you put money into a Real Estate investment and then get some money out - 'real estate investing' defined…

Yet, it seems that most people I meet want to attend my real estate training or purchase my real estate courses that have to do with 'No Money Down' (NMD) “real estate investing”…

Now, that kind of talk just proves the point - you can reprogram yourself to speak a different language - even if it doesn't make sense!

A bunch of 'gurus' have told you over and over again that 'No Money Down' is real estate investing - even though you learned at an early age that 'invest' means to put money into something and get money out (see http://dictionary.reference.com/search?q=invest for other definitions - none of them say 'No Money Down'...)

Now, it's not that 'NMD Real Estate investing' is all bad - heck, my students and I make several thousand dollars from these types of 'Real Estate investing' transactions every year, too.

Just don't lie to yourself and say they are 'real estate investments', we know very clearly that these are simply 'earned income' from one portion of your real estate investing business - the real estate 'job' portion - earned while in transition from your 'corporate job' to your 'real estate investing job' and on the road to true Real Estate Investing.

In other real estate investing articles, I cover some of the methods and techniques you, tooComputer Technology Articles, can explore while moving from your 'corporate job' to your 'real estate investing job' and you'll learn some insider secrets for taking that leap quickly.
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How Property Taxes Affect Real Estate Values

by vanessa doctor
There are a number of things that people need to consider before they should enter the real estate market, and one of those things is to properly determine the value of their real estate property. This is important if they want to be able to get the most out of their real estate once they have decided to put it up for sale in the real estate market. There are some things that can affect the value of your real estate, and one of those things is your real estate property tax.

People sometimes just compare the value of their real estate with the price of similar nearby properties in order to determine if their real estate property has been properly valued and taxed. Unfortunately for this type of method, there are no accurate readings. Some properties will sell for below-market value, while others will cost more than your own real estate property, even if their property is similar to yours. These differences are due to certain situational factors and circumstances which helps determine the value of your real estate property.

Being able to accurately determine the value of your real estate property is important if you want to appraise it for its full sale price in the market. This means that you need to factor in all the necessary elements in order to get the value of your real estate property so you can get the best out of your property once you have decided to enter the market. There are a few factors that helps determine your real estate and property tax valuations, and these are important if you want to be able to determine your property’s actual real estate price.

Your real estate property’s market value determines the amount that any potential buyer is willing to spend on buying your property. This will help you gauge how much your property value is worth, although the market value is not exactly determinative of the price of your real estate property. Still, it is an important aspect of it nonetheless.

Your real estate property’s market value will chance once your property tax changes. There usually are changes in property tax once you have made certain improvements on your real estate property, which could help increase the value of your property. The common misconception of people is that they try to avoid or delay the improvement of their real estate property due to their fear that their property tax will be increased.

Although this is true, the rise in the property tax assessment rate does not happen until a few years, which should have already raised the value of your property if you were able to spend a considerable amount in its improvement and development. Many small businesses who improve their real estate property are valued higher nowadays, although their property tax assessment rate has been increased. Still, the increase in their property value is still a welcome change.

When a person’s property tax increases, especially if it was due to certain improvements done on the property, like the changing of the property into a type that produces much better profits, will also indicate the increase in the value of the property in the marketFree Web Content, thereby making your real estate property more valuable than what it was before.

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