Commercial Real Estate: A Way To Live Your Dreams
Keywords: commercial real estate, real estate, real estate investor, invesing in land
Commercial real estate is like a charmed substance that can exponentially increase the value of your utmost, very limited, resource. That resource is, of course, the hours in your day. No matter what you do, you can’t make more time. Wealth seems just as limited, but you can always make more, if you know how. Much people think they know how the two are related, that they can transform their time into money.
There are times that they become frustrated when they ponder about their financial goals and about how many hours they would have to work to make the money they need to make their dreams come true. They become frustrated because they realize it isn’t possible, that there simply aren’t enough hours in the day to accomplish their financial goals. What they don’t know is that with a little financial physics, they can increase the monetary density of an hour simply by investing.
Commercial real estate will help you live by that old saying, “Work smart, not hard.” Your output on your job is limited. Even if you could work 24-7, you could only make so much money at any rate of pay and your employer is going to be willing to pay you only so much money for the work anyway. If you could somehow make those hours worth more without having to put out more work per hour, then perhaps you could earn enough money to accomplish your dreams and goals. With commercial real estate, this type of philosophy becomes possible.
It’s wondrous how interesting commercial real estate tends to become the older you get, the more you start thinking about money, your future, and how the two relate. Whatsoever your dreams are, you will need two things to accomplish them - money and time. Money, you can make an finite supply of, as long as you can figure out how. Your time, however, is finite.
However, you can, , apply Benjamin Franklin’s “a penny saved is a penny earned” adage regarding that limited resource. An hour saved is an hour earned. You can’t make proper use of your time if you spend it chasing pennies. That’s where commercial real estate comes into play.
When one becomes a real estate investor, he opens the door into an entirely new financial world. Developing an awareness of investment real estate is like suddenly getting a new pair of eyes, which allow you to see farther in each direction.
That is because investing is a way to make your hours represent many more dollars than they would if you simply relied on the income from a job. Look at it like this - if you make a nice salary, say $50 per hour, you are limited by the number of hours in the year it is physically possible to work. Never mind the fact that you are also limited by the number of hours that actually exists in a given year. But what if you make only $15 an hour? How in the world are you ever to make your dreams come true?
What you need to do in order to become a real estate investor is educate yourself. Don’t just grab a real estate listing and jump in as though you were playing at the roulette wheel in Vegas. Although there is a certain amount of luck involved, this is not a gamble. You must learn about the real estate market so you can make educated guesses about where to put your money.
Learning to read financial statements and other basic accounting skills is a great first step. In fact, it is necessary. You can’t win at the game unless you know the language of the game, and that language is finance. Take a few commercial real estate courses. You will need to know the types of real estate that is out there, as well as the types of investments. You will need to know the terminology and you will need to get to know people in the business arena.
Stephen C Campbell (MBA, MSc) is an international internet marketer and business consultant, and has published more information about investments on www.investinukland.com
Previous Articles Highlighter:
The Asian Financial Crisis 10 Years On In The Land Of Smiles (1)
Between 1987 to 1993, bank loans in Thailand grew 26% per year and during the same period, the stock exchange of Thailand rose 400%. In the three and a half years between its peak and the devaluation, the stock market declined 65%.
Auto Loan Refinancing Benefits (2)
Anyone who didn't get a car loan below 3% APR should consider refinancing. More than likely, however, your APR was much higher than that. If you had a few dings on your credit report when you bought a car, the lender may have quoted you 20% to 25% Annual Percentage Rate (APR).
How To Sell Your Own Home Using Internet Marketing Secrets Of The Pros! (3)
Sherri and Steve and already sold one house using a creative real estate solution similar to those taught by Bill Effros ("How to Sell Your Home in 5 Days") and George Cappony ("Fast Action Home Sale").
What Everyone Should Know About Credit Inquiries (4)
Even though these inquiries do appear on your copy of the credit report they aren't included in the calculation of your score. If an inquiry on your report is not the result of an application made by you, then it probably won't be included in your score.
Why Did Northern Rock Call In The Bank Of England ? (5)
Northern Rock has not been hit by mortgage defaults, but by a lack of finance which is required to fund its ambitious expansion. The housing market in the UK is now set to follow the downward trend of the USA.
Collector Car Insurance Protects Valued Investment (6)
They may also be required to be stored in an enclosed, secure facility to qualify for collector auto insurance. The value of the insurance is determined at the time the coverage begins and most policies offer no deductibles on collector car insurance, paying the full amount of the agreed value in the event of a total loss.
Points To Consider When Paying Your Auto Insurance Premiums (7)
The amount of car insurance premium that you will have to pay also depends on the kind of car you own, or are thinking of buying. Also, if the cost of repairing and maintaining the vehicle are high, you will end up paying higher auto insurance premium.
Mallorca Property Developers Face Local Opposition (8)
'It's difficult for local people, especially when they are in their twenties and thirties and working with decent salaries, to see villas which are hardly used when they often can't even get a good size apartment in the areas they want, close to family or work.' They say, referring to holiday homes that are used a few weeks or even long weekiends a year, and standing empty the rest of the time.
Understanding Health Insurance For Texans Easier Than One Might Think (9)
For those living in Dallas, Houston or Austin, which traditionally have some of the highest numbers, the confusion may have at least something to do with the complexity of health insurance.If that's the case, perhaps a review of the basics will help.
The Best Credit Card Offers (10)
Other offers had been cutting off one or two billing periods without any additional charges if the consumer did not pay for the period covered by the promotional advertisement. Should the consumer pay the whole amount charged to the card before its billing period, the interest due from the balance is likewise waived 4.
Let Your Mouse Do The Walking, Applying Online For A Credit Card (11)
Compare their credit card packages, then choose the credit card that fits your needs. When you receive your card, be sure to sign on the back immediately, to prevent it from being stolen and used in your name.
Should I Use A Realtor If I Am In Foreclosure? (12)
It is better to sell the home than to end up with nothing. Ameen Kamadia aims to help Texas homeowners face the difficulties of foreclosure. That's why he has created an informational site that lists all the options homeowners have.
Is Real Estate Investing The Income Opportunity For You? (13)
What are the cost effective ways? Here a few great ideas that the home study courses aren't teaching you to get your name out. - Advertise on free classified websites - Create a blog on what your doing and how it's working for you - Type up press releases on what the market is doing and how you can profit - Subscribe to an email blast to get your name out to millions.
Tips On Finding A Good Car Insurance (14)
But this is an extremely important step in finding the right insurance company for you. - Always deal with reputable insurance companies, this way you can ensure that your personal information remains confidential and that the company will pay out in the event that you should need them.
Forex - Understanding The Difference Between Mini-account & Standard Account Forex Trading (15)
This is because 0.0001 x 100,000 = 10 and you have opted to control 100,000 units of currency. The amazing thing though is that you as a retail trader have only used a security measure of $1000 deposited with the broker in your brokering account and the only cost for placing the trade is a small spread (no comission in many cases) of say 2-3 pips in which the broker makes his profit regardless of whether your trade is successful or not.
How To Save Money On Groceries (16)
(Just remember to run a few cycles of cold water through it afterwards to rinse.) Lemon juice and baking soda can be used to clean your sink drain. Even old aluminum foil pieces can be crumbled up and used to scrub barbecue grills in place of scouring pads.
What Does The Maryland Real Estate Assistant Offer (17)
This has always been a part of conducting business, but the majority of this type of work is now done online because of advances in computer technology. Maryland real estate transaction coordinators can offer agents a wide array of transaction management services using the latest technology.
Michigan Real Estate Virtual Assistant's In Demand (18)
Top earners in the VA industry have taken to advertising their services online with business websites. This seems only natural and sensible as most of the work that a VA handles is done online and with computers anyway.
Maine Real Estate Virtual Assistants Travel And Enjoy Life (19)
But to create this integral internal office work, the professional has to be out mixing with the people who buy, sell, and invest in real estate. Organization is imperative for a virtual assistant to be successful.
Proactive Use Of IRA Secrets Can Keep You Retired (20)
Lots of people want your money even more than you do but you are the one who worked for it. Don't wait until you retire to learn how to take care of your money.
Newer Articles Highlighter:
Choosing A Life Settlement Broker (1)
They may take a percentage of the insurance's face value. This means they get the same amount regardless of the settled price. They might get a percentage of the negotiated price.
Lowering Your Monthly Mortgage Payments (2)
Down Payment: The down payment is how much cash you will put down up front. The rest of the price is how much you will finance with the lender.
"Want More For Your Property?" (3)
To help close the deal quickly, the Green's make the Brown's a counter offer involving a seller take-back loan. Instead of dropping the sales price, the Green's propose to assist Mr.
Pros And Cons Of Beach Real Estate (4)
It comes equipped with a swimming hole and happy, relaxed neighbors. Perhaps these locations give them the feeling of 'coming home'. These advantages of living near or on a beach make investing in such business an attractive option as well.
Brass Balls Real Estate Investing (5)
They have their fingers on the pulse of the market and adjust their businesses according to demand. When builders pull more permits in a month than they did the month before, then pull even more the next month, they think the market is improving and they want to be ready.
Start A Small Business & Save For Retirement! (6)
Choosing to start a small business is the gift to yourself that keeps giving and it's something you can feel proud of too! So you're excited to start a small business and a business retirement plan, but you're unsure where to start researching.
Is It Time To Eliminate The US Cent-Penny? (7)
The Half-Cent was. The Half-Cent was produced for over 60 years until it was determined that it no longer made sense. Is it now time to eliminate the US one cent piece?
When Do You Need A Real Estate Agent? (8)
Keywords: a real estate agent, real estate agent, estate agent tips, real estate buyers You cannot discount the importance of having experience in marketing and sales. Several people have as meager respect for sales and marketing professionals as they have for attorneys.
New Orleans Real Estate After Katrina (9)
Or how about elegance with a surprising - and somewhat edgy - back-story? Consider living in the former home of renowned author Anne Rice. The word "elegance" may have been coined to describe the Garden District - and if it wasn't, it should've been.
Scouting Out The Ideal Tenant (10)
At least, it won't disappear unless the tenant himself decides to take off. When it comes to renting out one's house, one runs that risk. That is why one should carry out extensive checks on the potential tenant.
Costa Blanca, Still The Expats Choice (11)
So with this in mind, towns such as Javea & Moraira should be expensive places to live, ranking alongside those in the UK and Germany. Forecasting any property market is difficult and a consolidation of house prices had to happen especially when you consider that Spanish salaries are not too different to what they were in 1997!
Home Improvements 'Can Boost Property Values And Save Consumers Money' (12)
Keywords: home, improvement, loans, cheap, finance, property, increased, value Carrying out various improvements on their property can help consumers boost not only the value of their home but also reduce the cost of their household bills, an industry expert has suggested.
Britain Needs 'Better Education On Borrowing' (13)
"If the credit crunch helps people to wake up and really think seriously about how they are managing their money and how they are managing their borrowing then that would be a good thing.
Foreclosure Investment: A Few Quick Tips (14)
They can help by telling you valuable information such as what price ranges houses have been selling at in specific areas. Also be sure that the person you're working with has your best interests in mind and not their own.
Holiday Homes Can Help Fund Retirement (15)
It is very rare that house prices go down and if anything they are more likely to increase. This means that there is a strong possibility that by the time you retire prices will have gone up enough to help fund your retirement.
Increase In House Prices Provide Good Investments (16)
This makes it a relatively risk free investment as it's rare that you lose money. There is also big money involved in the property market with the average house price now being 200,000 pounds.
What Is Credit Counseling? (17)
Some, or all, of your creditors may report that your account is in a debt repayment plan, that some of your payments have been missed, or that there are concessions or other types of financial write-offs that have been made to reduce your current debt to a payable amount.
Brits Face 'Nightmare' In Budgeting Telecoms Costs (18)
Keywords: telecoms, costs, telephone, loans, unsecured, personal, secured, finance, bills Consumers could well be finding pressure on their day-to-day finances is increasing due to consistently miscalculating the cost of their telephone bills, new studies show.
How To Get The Most From Your Credit Card Skymiles (19)
Although credit cards can cause people a lot of pain when used unwisely, they can also be very rewarding when used properly and wisely. Other ways to maximize the skymiles on your credit cards is to apply all your major purchases to the credit cards.
Real Estate Investing Tips For Young And Old (20)
But once the portfolio grows, it keeps growing. So be patient and take time to build a strong foundation and then reap rewards. Slow progress can yield results for many years ahead.
Permalink to Commercial Real Estate: A Way To Live Your Dreams