Real Estate Investing

Real estate investing involves purchasing, owning, managing, renting and/or selling of real estate for profit. Common examples of investment properties include buildings, apartments, and houses, which the investors use to generate income from buyers or tenants.

3,912 Questions
Real Estate Investing
Real Estate Buying and Selling

What does a lot 50' X 100' tranlates into acres?

50' X 100' = 5,000 sq. ft.

5,000 sq. ft. = 0.114784 acres

An acre is 43,560 square feet (sg. ft). 5,000 sq. ft. divided by 43,560 = 0.114784 acres.

A handy website for conversions is OnlineConversions.com

323324325
Mortgages
Home Buying
Real Estate
Real Estate Buying and Selling
Real Estate Investing

Cost of Real Estate reconveyance fee?

We are in the process of having a recoveyance done after paying a 1 year contract on our home .....

313314315
Real Estate Investing
Real Estate

What is property productivity?

Different properties produce different things. If your property is an office building, it produces rent. If your property is a wheat field, it produces wheat.

Property Productivity depends Upon type of Property and how the property is used for a purpose.

Commercial properties can serve for commercial and rental properties, land development. Residential properties can serve for home-family rental purposes.

307308309
Real Estate Buying and Selling
Real Estate Investing
Real Estate Leasing

How do you get a real estate agent license in mumbai?

In India real estate license is commonly known as the property dealing license. This license is necessary in order to do property dealing in India. The terms and conditions and requirements for the license are different all across the India but basics are the same. In this article we will take in consideration the rules in Gurgaon district of Haryana regarding the property dealer's license.

First of all if a person indulged in real estate consultancy without a proper license will be fined Rs. 50, 000 and in case of a company or society the fine will be Rs. 1 lakhs.

The fee for the property dealer license is Rs. 25, 000 for the individual and for company or society the fees is Rs. 50, 000. Along with the application form the residence proof, 4 photos, thumb impression, undertaking of solvency certificate, character certificate, 2 guarantors about genuineness of the applicant, office address along with the treasury challan of the payment of prescribed fees. The validity of the license is for 5 years after which it can be renewed. The renewal fees are Rs. 5, 000 for the individual and for company or society the fees is Rs. 10, 000.

217218219
Liens
Deeds and Ownership
Real Estate
Real Estate Buying and Selling
Real Estate Investing

Can you transfer title deed to spouse to avoid debters placing liens on your real estate?

No you cannot. In most jurisdictions a transfer to avoid creditors is a fraudulent conveyance and can be voided by a court. You should consult with an attorney before you act.

207208209
Real Estate
Real Estate Buying and Selling
Real Estate Investing

What does is a psa in commercial real estate?

PSA stands for Purchase and Sale Agreement in Real Estate..

201202203
Insurance
Liability Insurance
Real Estate
Real Estate Buying and Selling
Real Estate Investing

Do you need liability insurance for real estate you inherit along with other heirs?

It really depends on the use to which you are putting the real estate. For example, if a store was operated on the land, a liability policy insuring all co-owners is recommended. However, if it is raw., unimproved land, likely not. Nonetheless, if you are aware that there are hazards on the property (such as an open well) and that people go onto the property, you may have a duty to warn. Liability insurance may be available in those circumstances.

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Real Estate
Real Estate Buying and Selling
Real Estate Investing

How do you get a real estate license in Wisconsin?

Here are the requirements you need to be a licensed real estate salesperson in Wisconsin Real Estate Salesperson - Licensing.

1) Complete required education.

A. All applicants for licensure as a salesperson must complete one of the following as proof of completion of the education requirement:

(a) a specific 72 hour salesperson course of approved educational programs from an approved school ; OR

(b) a transcript showing 10 academic semester-hour credits in real estate or real estate related law completed at an institution of higher education; OR

(c) a photocopy of current bar membership or a certificate of good standing in the Wisconsin State Bar.

B. Out of state applicants holding a salesperson's license in a state without a reciprocal agreement with Wisconsin -- Out of state applicants holding an active real estate salesperson's license in another licensing jurisdiction within the 2 year period prior to filing an application for an original real estate salesperson's license in this state must submit one of the following as proof of completion of the education requirements:

(a) 13 designated hours at a Wisconsin-approved school; OR

(b) a transcript showing 10 academic semester-hours credit in real

estate or a real estate related law course completed at an accredited

institution of higher education.

C. Out of state licensed salesperson reciprocal license option -- Out of state applicants holding an active license in a state that has a signed reciprocal agreement with Wisconsin may waive the education requirement and take the exam directly. The original license in the reciprocal state must have been issued on the basis of passing that state's required examinations. At the current time, Wisconsin has reciprocal agreements with Illinois and Indiana.

2) Pass the salesperson's examination.

The Department has contracted with PearsonVue to conduct its examination program. Examinations are administered by computer upon appointment.

3) Obtain employment from a licensed Wisconsin broker.

A salesperson must be employed by a Wisconsin licensed broker. The initial application contains a section that is to be completed by a broker if the applicant has a prospective broker-employer. If the license is issued without registering a broker-employer on the initial application, the applicant will not be able to operate as a salesperson until submitting a Notice of Real Estate Employment Form (form #812). The licensee can only be paid referral fees when not registered under a broker.

4) Application for licensure.

Receive Application for New Salesperson or Broker License (form #809) at the exam center after passing the exam. The application must be submitted within one year following the date the applicant wrote and passed the examinations. Failure to submit the application within one year of passing the examination will result in a

denial of licensure. The certificate of completion of education msut be submitted with the application. No exceptions will be made.

REINSTATEMENT OF CREDENTIAL.

Less than 5 years:

If an applicant files an application for renewal of the real estate salesperson credential less than 5 years after the expiration date, the applicant shall pay the renewal fee and late fee and provide evidence of having satisfied the continuing education requirement.

More than 5 years:

If an applicant files an application for renewal of the real estate salesperson credential more than 5 years after the expiration date, the applicant must:

1) Complete the 72 hour broker pre-licensing education course.

2) Pass the salesperson exam. Contact PearsonVue to schedule the examination.

3) Submit the Application for New Real Estate Salesperson or Broker (form #809) to the Department with proof of completion of education and reinstatement fee.

Check the FAQs to determine if a credential can be transferred from other States/Countries.Biennial renewal: Due by December 14 of even-numbered years

Common Denial Reason: Does not meet criteria above. Convictions of crimes or pending charges may be grounds for denial of license if the circumstances of the conviction or charge are substantially related to professional practice.

188189190
Real Estate
Real Estate Buying and Selling
Real Estate Investing

What do the initials AUC stand for in Real Estate?

Initial AUC stands for Asset Under Construction in Real Estate...

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Real Estate Buying and Selling
Real Estate Investing

What does a lot 100' X 100' tranlates to in acres?

100'x100' lot is 10,000 sq feet. 1 acre = 43,560 sq feet 10,000sq ft/43,560sq ft = 0.229 acres.

636465
Personal Finance
Loans
Co-signing
Real Estate Investing
Money Management

Can someone cosign for multiple loans?

Yes, someone can co-sign on multiple loans. If you are investing in several properties than I would suggest using hard money or bridge loans. These are private lenders in most cases and lend based on the value of the property not the credit score of the borrower. This is not available in all states mostly coastal communities both East and West.

146147148
Trinidad and Tobago
Real Estate
Real Estate Buying and Selling
Real Estate Investing

How do you become a real estate agent in Trinidad?

  • 1

    Ensure that you are a hardworking, patient and self-possessed individual. It is a good idea to have good communication and persuasion skills before you opt for this field of work. You might consider taking up a communication or personality development course to bring your skills up to speed.

  • 2

    Collect details about sanctioned real estate institutions that offer different courses by interacting with either the Professional Licensing Commission of your state or the Real Estate Association functioning in your area.

  • 3

    Enroll in small or full-fledged courses and take the written test that is necessary to evaluate your familiarity with the laws of trading real estate. You need to be at least 18 years old (some states require 21 years old) and be a high school graduate.

  • 4

    Allow the Real Estate Licensing Commission of your state to conduct a background investigation process according to law. It is necessary because of the huge amount of money and confidential information involved in the deals.

  • 5

    Search for different real estate agencies who would want to recruit agents by going online or from the yellow pages. Hopefully, you will become a part of the brokerage in no time after going through their hiring process.

  • 6

    Work with a real estate broker for at least 2 to 5 years and gain sufficient experience before setting up an individual practice. Observe and learn the tricks of the trade.

  • 7

    Procure your broker's license to practice as a broker from your state licensing authority after gaining a substantial foothold in the field.

139140141
Mortgages
Real Estate
Real Estate Buying and Selling
Real Estate Investing

Reversion of real estate to the state is call?

Eminent domain

133134135
Real Estate Investing
Business and Industry

Request for a short emergency leave letter?

i want to extend my leave for the reason that my ungle died last week just i want to present at his funeral party as well as my wife health condition is very poor.These are the reason i wannt to extend my leave for 5 more days.

117118119
New Jersey
Real Estate
Real Estate Buying and Selling
Real Estate Investing

How do you find a list of previous owners of real estate in NJ?

The New Jersey Association of Count Tax Boards allows anyone to search their database online for free.

it should be a public record for a list of previous owners of real estate (it is called chain of title); you can request the record in any county clerk as long as the real estate resides within the respective county. Or, you can ask title company to do the title search for you.

114115116
Travel & Places
Gospel Music
Real Estate Investing
George Washington

Is Kilnockie real?

Johnnie Armstrong's tower, Gilnockie Tower, is a real place, sometimes alternatively spelled Kilnockie.

109110111
Real Estate Investing
Slogans and Mottos

Is there a real estate investors slogan for business card?

Most slogans that sound enticing will be the kind that stick in your memory. One sample might be "What ye sow in January, ye shall reap in May". This is based on a variation of a well known saying. A slogan that refers to the importance of not waiting could work, such as "Invest now and avoid the rush".

101102103
Gospel Music
Real Estate Investing
TV Shows and Series
George Washington

Is Udonna real?

Udonna is not real since she is a fictional character in the TV series Power Rangers Mystic Force. Udonna is the White Mystic Ranger who is a sorceress who uses her Snow Staff for morphing capabilities as well as for battles and it also allows her to grow. Udonna was also the husband of Leanbow and the Mother of Bowen.

101102103
Small Business and Entrepreneurship
Real Estate Investing

What is Rasmey Enn's net worth?

Rasmey Enn is a well polished businessman in the Northeast. He was consistently ranked in the top 10 Loan Officers for a national company. Rasmey is also a real estate developer, real estate investor, and a Commercial Funding Expert.

979899
Marketing Advertising and Sales
Real Estate
Real Estate Buying and Selling
Real Estate Investing

How can a real estate agent list bank reo properties?

Real estate agents list reos by registering with the banks and reo asset management companies to be placed on their preferred agents list. I would recommend getting a good bank reo contact list as there are literally hundreds of bank and reo asset management companies to sign up with. we got one from www.listbankrepos.com Once you have completed their registration process they will start assigning you reo listings, make sure to be very specific and add all the zip codes you want to receive reo listings in as this is how they assign the reo listings

To become a listing agent for REO properties you need to find an asset manager at a bank or REO out sourcing company willing to give you business. First you need to know the process and what an asset manager will expect. The best way to get this knowledge is to find an agent that is willing to teach you the business.

You can go ahead and list yourself on all of the reo databases that are online, most charge a yearly fee, depending what territory you live in you might get some good response. You also could go to the bank's websites and sign up as an approved agent/broker.

Most Asset managers have their own network of agents and will not tolerate an agent that does not know what to do because the asset managers are managing 200 plus portfolios and do not have time to train an rookie.

656667
Foreclosure
Real Estate Investing

Yusuf al-Qaradawi fatwa on questnet?

Is mortgage on a house for investment haram

959697
Small Business and Entrepreneurship
Real Estate Investing

What is an entrepreneur and what are his traits?

EntrepreneursAn Entrepreneur is truly a unique individual. Entrepreneurs find it difficult or impossible to work for someone else, although they do work for the customers. They are willing to put EVERYTHING ON THE LINE FOR THE PASSION AND LOVE of seeing their enterpise grow... and sometimes live with several failures. They learn to continue to go the extra mile, hour after hour, day after day, planning, adjusting, rescheduling, and refining their business, WORK, WORK, WORK, long after everyone else has gone home....

They must be able to visualize the business as it will be, in a year, 2 years, and 5 years or more down the road, I mean Visualize, as though it were a full color 3D movie, maybe without faces on the people they have in place, because those WILL change, but able to see the process clearly. That is vital to the success and achievement of one's goals.

PLAN PLAN Work the plan, Work, give up your time, WORK Learn, Plan WORK WORK. For without YOUR personal drive and commitment, without your positive attitude and work ethic and desire to succeed, it won't happen. NO ONE else will do it for you, because they don't share your dream.

If it was easy, everyone would do it- Think about this: 75% of all new business FAIL in the first year-- mostly because of lack of commitment from the person who started the business- 90% of those businesses are out of business by the end of the second year, for lots of reasons: employee problems, lack of funding, family problems relating to the time and energy required to start a business, etc. The two main reasons for failure in business are underfunding and managerial incompetence... you don't know what you're doing, and you don't have the money to do it. Both can be overcome with sufficient drive and determination. Neither can be if you lack the motivation.

These are people who invest their money, with a chance of losing it. Usually, they give money to a company which hasn't been open very long. There are also people (like Bill Gates) who start a company, he believed in himself and invested his money in making Microsoft. His other investors were entrepreneurs with him. If you buy an item and are able to sell it for a higher price, you would be a small-time entrepreneur. The concept boils down to using your money to make more money.

Answer Entrepreneur is a leaderAn entrepreneur is a one who has the ability to dream big. he has the qualities of a leader. a leader is a one who knows what he wants. He is the one who creates ideas, unique opportunities & conceptions. So an entrepreneur should have the qualities of a leader. He is a one who knows what he is doing and he is ready to take risks.

The will to take the financial risk makes you the entrepreneur.

Who is an entrepreneur? is the question and an entrepreneur is someone who create a new business providing a product or service with a new idea. Their company not a franchise their idea. Maybe even a new product but the idea of it is that its New

To add to it, an entrepreneur is always positive about his business, ahead ahead is the slogan and attitude once he is certain of the result, he love sense of ownership, leadership, originality, and responsibility.

they posses almost the whole qualities there to make man complete and successful, they are brilliant, foresighted, idealistic, takes every task seriously no matter how negligible and this is one of their success secret, can make mistakes but are always ready to take correction and make amend.

Many business men can possess these qualities and will only be tycoons and not entrepreneurs because they will not be ready to take financial risk to venture into new business ideas knowing their are chances for failure and scare away but entrepreneurs are always ready knowing that business is risk business is game if you can play better.

see related links below.

979899
Job Training and Career Qualifications
Real Estate
Real Estate Buying and Selling
Real Estate Investing

How long is a Texas real estate license good for?

Depending on when did you took your certification, every real estate agent in Texas is required to complete their Texas MCE [Mandatory Continuing Education] as the next step of renewing their license and completing the salesperson requirements.

The license for real estate agents in Texas may be valid for 2 years, acting as a real estate salesperson under a brokerage. After completing the required hours in becoming a salesperson, the agent can now move up by taking several credit courses, qualifying and completing the Texas mandatory continuing education courses these days in the US.

939495
Estates
Probate
Real Estate
Real Estate Buying and Selling
Real Estate Investing

Can a co-executor force the other co-executor to sell real estate?

Executors must be appointed by the court and then perform their duties under the supervision of the court. You need to appeal to the court for a ruling if the two of you have equal power and cannot agree. You must state all the pertinent facts in a motion and the reason the sale of the real estate would be in the best interest of the heirs. The court will issue an order that must be followed.

On the other hand, if one of the heirs wants to keep the property they must buy out the interests of the other heirs.

737475
Home & Garden
Real Estate
Real Estate Buying and Selling
Real Estate Investing

What is the difference in BOMA real estate measurements and dedicated square foot measurement?

I assume that 'dedicated square foot measurement' refers to the area within a rented space that is solely for the use of the tenant. The BOMA standard refers to this as the 'useable' area.

The BOMA standard provides a method to fairly allocate shared spaces in the building to tenants. Areas are grossed up to account for shared spaces on each floor and then again for spaces that are common to all tenants such as lobbies.

The usable area number is grossed up by a factor to account for the tenants proportionate share of common areas in the building. The resulting number is the BOMA 'rentable' area.

There are slight differences in the methodology depending on the specific BOMA standard that is applicable. The standards are available on BOMA's website. See 'related links' for the BOMA website as well as a link to a page that gives a visual description of the BOMA area calculation method.

939495

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