Archive for March, 2010
Commercial Real Estate Investing For High Net Worth Individuals
High net worth individuals can afford to play a bigger game and can also earn huge profits through investing in Commercial Real Estate. But the risks too assume greater proportions and with the real estate market subdued all across the United States and parts of Europe the market has now become a double edged sword with one side offering properties at subdued rates and the other side offering no guarantees that the prices will rise after one has purchased the property.
For High net worth individuals there are various choices of picking up properties such as hotels complete commercial office buildings properties where existing malls are situated or even purchasing land and constructing any of the above over it. After purchasing it too the individual has a choice of either renting it out or selling it off to a higher bidder.
If you are one such budding high net worth investor then you could conduct a survey on the purchase and sale route that you want to follow. If budget is not a problem then you should go in for the best property available because not many people might be able to afford purchasing a high value property and this could give you some leverage in knocking off some amount over the seller’s asking price.
Since the transaction value will be high it is better to employ a team of skilled tax attorneys accounting consultants etc so that there is no legal or financial hurdle in the deal. You can conduct research on the high and the low price band the property has touched and check out the graph. In case the property has shown an almost steady incline then you could safely invest in that property but take the data of the previous six months into consideration because that was the time when the property market had entered into a downward spiral.
There are many areas in the US and UK where prices have not reduced even though the surrounding neighborhoods had shown negative growth. You can check out the areas since the chances in the value of property in that particular area going down are slim.
If you are planning to purchase properties such as a hotel or mall and then either run it yourself or rent it out then accordingly you will need the services of experts in the field. Some prior experience in that field will definitely be an advantage. As a high net worth individual you might also be able to secure a loan quite easily but the high interest rates especially in the UK could mean an additional drain on your finances. For malls you will need to identify a high human traffic area along with ample parking space. High value commercial properties should always be based in a low crime area since that could affect the successful running and future appreciation of your property.
High value commercial properties can give you excellent returns as compared to residential properties which have become stagnant in their returns. Depending on your budget you could now even purchase entire islands and either sell them or rent them out to celebrities. With so many millionaires being added to the existing list there are many avenues which can be explored and the possibility of earning huge profits is very much possible if you have done your homework properly.
About the writer: Real Estate Investments in 2008 are a bargain for high net worth individuals who can afford to buy and hold properties. This Real Estate Investment Company specializes in finding wholesale investment homes for investors at no extra cost. Their website is http://www.realnetusa.com
Carrollton Texas Carollton Real Estate
Carrollton Texas a vibrant city known for its prime location as well as its corporate and residential community. The city has abundant assets such as excellent schools parks and greenbelts and convenient services are available to every neighborhood.
The wide variety of housing enhances Carrollton’s diversity and residents enjoy the awardwinning sports complexes libraries natural areas golf courses lifestyle amenities and community events. Carrollton also is home to the radiant Coyote Ridge golf course. The magnificent golf course and its new 26000square foot luxury clubhouse completed in February 2007 was voted best clubhouse and best food by Avid Golfer Magazine in November 2007. The Grand Ballroom can accommodate up to 400 guests for any of your special event.
Carrollton Texas real estatehas held on very strong these past few years in spite of the national real estate disaster in other parts of the country. The citys average price range is 181000. Living in Carrollton in addition to enjoying the affordable real estate the cost of living is another major factor people move to the area. Carrollton owes much of its real estate success to its location properties and material goods.
The city is part of Denton County and stretches 37 square miles encompassing over 1200 acres of parkland. The City of Carrollton owes its local economic boom and real estate growth to the major transportation and easy assess. Carrollton intersect three major highways I35 Hwy 121 and President George Bush. Three 3 rail freight lines surrounds the city of Carrollton making Carrolltons real estate highly desirable and ensures continued success.
In addition to the ground transportation D/FW International Airport the third most active airport in the world is located just 10 miles west of Carrollton. Travel time from D/FW International Airport to any major city in North America is less than four hours.
Due in part to its central location favorable business climate and ease of access to national and international markets Dallas/Fort Worth consistently ranks as one of the top metropolitan growth regions in the nation.
Carrollton located approximately 15 minutes away from 2 major bodies of water in the North Texas area. Grapevine Lake and Lewisville Lake both show off recreational water sports including sailing boating skiing jet skiing tubing knee boarding and swimming.
The business friendly city of Carrollton is one of the top cities in regards to the number of highest job opportunities. Carrolltons estimated population of 120553 by January 2008 confirms the opportunity and the benefits of Carrolltons real estate potential.
About the writer: Jim Nguyen was born and raised in Dallas Texas and is a licensed real estate agent. Mr. Nguyen specializes in Dallas real estate and has a career with JC Associates Dallas/Ft. Worth Keller Williams. For more information please visit www.dallasrr.com.
California Home Values
Home values in almost any state have proven to be a bit more flexibile than many home opwners thought. With the slow down in the market many owners who thought that their home value were set in stone save for appreciation were quite surprised by the fact that their home was not worth as much as they had thought. Why is this? Well for the last number of years home values had been inflating at almost an unrealistic rate. In some areas of the country appreciation was being calculated monthly as opposed to yearly. Owners were seeing amazing raises in their home values and this was due to the incredible demand for housing. When the market began to slow down these owners assumed that their homes would retain that inflated value but that is not the case.
What we are seeing now are homes returning to a more reasonable and expected value. While this may not be popular with owners it is the truth. However in places like California owners can expect their homes to still be at the top of the value scale for the country. California homes just seem to hold their value well as this is still a highly desirable place to live no matter what real estate values and trends are. This is part of the mysterious allure that California has in the real estate market. This is even more so when referring to homes with additional assets like say; a golf course?
These days home value is becoming more and more about what the home offers in terms of additional value as opposed to simply the fact that the home is there. We must come to terms with the fact that the real estate market is not what it once was and now we have to be more mindful of the product that we are offering to buyers. No longer can you simply throw a home on the market and have it sell within a week. This still does happen but not for the same reasons. Buyers now act quickly to get those homes that have a lot to offer and are competitively priced. Buyer incentives are also becoming a big part of sales and buyers are looking for more than a few reasons to purchase a given home. If you can supply them with these reasons then the sale should go quite quickly.
About the writer: Cyndi Gerken and her husband Cary both specialize in Thunderbird Country Club Communities. For the best in California Golf Communities Cyndi and Cary are your “in the know” Thunderbird experts. Please don’t hesitate to contact us with any questions you may have. Or feel free to visit us online at www.thunderbirdonly.com