Common Mistakes Rental Property Investors Make | Real Estate ...

June 25, 2012 Hans Anderson Real Estate Investing,

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Common Mistakes Rental property investors Make ? Real Estate ? property investment

Article by Joe Ski ? Joseph Zajkowski

Common Mistakes Rental property investorsin Holiday-New Port Richey, FL ? Make and How to Avoid Them,by ?Joe Ski? Joe Zajkowski, Investing Expert.

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Buying rental properties in Holiday-New Port Richey, FL ? is a proven, profitable and relatively safe way of investing in real estate. However, many beginning investors make some deadly mistakes that end up costing them thousands of dollars. Read this page carefully so you know what these mistakes are and how you can avoid them.

Mistake #1 ? Not Carefully Researching the AreaThere are two things you must know before making any real estate investment in Holiday-New Port Richey, FL -. The first is you must know the comparable rental rates in the area. Check for the comparable rates for units like the one you?re considering. Remember to factor in vacancies and maintenance if you can. It?s also important to understand the taxes and restrictions for the particular property in Holiday-New Port Richey, FL ? you?re considering investing in. If it?s a condo, special restrictions may apply. If the building is old, there may be code violations. For your particular investment, it?s important that you know which restrictions apply and where you stand.

Mistake #2 ? Overestimating income and Underestimating ExpensesFor beginning investors, it?s very important to work conservatively. Most investors overlook how much maintenance, vacancies, repairs, etc will cost and they don?t check rental histories closely enough. As a general rule, you want to have at least 20% padding to ensure that your investment is a safe one.

Mistake #3 ? Taking on a Tough First ProjectBeginning investors in Holiday-New Port Richey, FL ? who take on difficult first projects often find that they?ve gotten into something that?s over their heads. They wind up spending much more in restoration than they had planned. Instead, for your first project, invest in a property that is a fairly easy investment.

In other words, avoid investing in rental properties that require more than minor cosmetic repairs. Look for a roof in good condition along with functional appliance and make sure the A/C is at least 15 degrees different in the air out. Carpeting and paint would be the least expensive things that you can do and they would have the most impact in appealing to a Buyer. Find and purchase properties that you can have up and running quickly, so you can get more experience with the closing and investing process quickly.

By avoiding these 3 mistakes, you?ll be well ahead of most other beginning real estate investors.

There is a lot of free information available to you about buying, selling or investing in Holiday-New Port Richey, FL ? real estate. For complete information about the Holiday-New Port Richey, FL ? real estate market including current homes for sale, property values and more, please visit the most complete website online dedicated to everything Holiday-New Port Richey, FL ? real estate at http://FloridaRealEstateConnection.com Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 727-458-2835 or email me at JoeSold@JoeSkiRealtor.com

About the Author

?Joe Ski? Joseph Zajkowski is a real estate professional in Holiday New Port Richey, FL. The Central Florida Gulf Coast. Future Home Realty. Realtor? ePro?.There is a lot of free information available to you about buying, selling or investing in Florida real estate. For complete information about Florida real estate market, including current homes for sale, property values and more, please visit the most complete website. http://FloridaRealEstateConnection.com

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New research debuted at the American Diabetes Association's 72nd ...

New research debuted at the American Diabetes Association's 72nd Annual Scientific Session suggests eating raisins three times a day may significantly lower postprandial (post-meal) glucose levels when compared to common alternative snacks of equal caloric value. The study was conducted at the Louisville Metabolic and Atherosclerosis Center (L-MARC) by lead researcher, Harold Bays, MD, medical director and president of L-MARC. The study was conducted among 46 men and women who had not previously been diagnosed with diabetes mellitus, but who had mild elevations in glucose levels...

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My top 7 ?advanced? tips for effective cold calling ? Indianapolis ...

Here are my top 7 ?advanced? tips for effective cold calling.

1. What is the Goal of Your Call? Is it to get an appointment? Get in to see the boss immediately? Or is it to make a sale on your first call? First know exactly you want the outcome to be from the call. Given today?s business environment, I would suggest focusing on creating an interest and getting an appointment to come back to present your wares another time. At the very least, leave with the decision makers business card in hand so you can do a follow-up call or email campaign.

2. Know Your Pitch. If you want to achieve the intended goal of your call, have your ask pre-scripted and practiced before you go in. Your initial ask should include who you are, your benefit statement, and an ask for the decision maker. Once the decision maker is there, your pitch should include their name, your name and company, your benefit statement, and an ask for an appointment by suggesting two specific times.

3. Where Are You Going? If you don?t have the luxury of simply walking the halls of a massive office building to cold call, and have geographically dispersed prospects, create a route on Google that takes you to each location in the most efficient manner. Your time is gold. Don?t waste it on the road. (PS ? To MAXIMIZE your windshield time, make prospect calls on the phone while you drive between cold calls)

4. Bring Choch. Okay? The first three tips were pretty basic, and this one sounds cheesy, but stay with me. If you focus on executing these behaviors, you will WIN at cold call prospecting. Now, back to tip number 4 ? Bring a goodie for the gate-keeper (receptionist). Chocolate and manicures typically work very well. Present it with a big smile and they will love you forever. Why else do you think drug reps bring food to doctors offices? It?s not for the doctors?

5. Do Some Strategic Calling. I cold called my office building a couple of years ago, and instead of asking for meetings to show my product, I asked for meetings to discover how I could trade potential business prospects with my prospect. You?ll get an overwhelmingly warm response, a higher rate of appointments set, and probably some deals out of it to. During my strategic calling, I met Scott Cunningham, who ended up referring me some business, becoming part of my referral team, and also a client. Boom.

6. Circle Call. I don?t schedule time to cold call. I simply schedule appointments to sell my product, and then plan 15-30 minutes before or after an appointment to visit the surrounding businesses. Asking the client you are in an appointment with for referrals around their office location can also support this activity.

7. Do It and Mix It Up. Driving to an office complex, having lunch, taking a 1/2-hour nap, and then making 3 calls is not a day of hard cold calling. Make a plan and visit 10-15 offices in a day. Depending on how close they are, you should be able to make at LEAST 2 calls per hour with qualified companies. Don?t rely on cold calling alone. This strategy is simply one of many that should be employed in a robust business development strategy.

What are some other strategies that you have used to make your cold calls more effective?

Jamar Cobb-Dennard
jamar@jamarspeaks.com

Tags: Cold Calling, indianapolis small business, Jamar Cobb-Dennard, Sales

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This entry was posted on Monday, June 25th, 2012 and is filed under Business Tips, Indianapolis Small Business, Sales, small business commentary. You can follow any responses to this entry through the RSS 2.0 feed. Join the discussion, or trackback from your own site.
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Romance Academy

There is a reason LaGretto Academy is known as Romance Academy; the frequent love affairs going on. Though this sounds like a boring Highschool roleplay, I guarentee you it's not. A new professer has arrived, and people are beginning to go missing.

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LoveTheLight

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Can I reserve a female? I'll making her profile now, I just don't want someone to get my spot .3.

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Nevermind -______-"

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At least 32 killed in Mexico bus crash

MEXICO CITY?? At least 32 people were killed in Mexico on Sunday after the bus they were traveling in turned over on a wet road in the southwestern state of Guerrero, a Red Cross official said.

At least seven people were injured and believed to be in a serious condition, the official said.

Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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Powell's London bid falls just short

Originally published June 23, 2012 at 8:17 PM | Page modified June 23, 2012 at 10:17 PM

In less than 13 seconds, Ginnie Powell-Crawford saw her future turned upside down.

Crawford, the former Rainier Beach High and USC competitor, was in position to make her first Olympic Games here Saturday evening, getting off well in the 100-meter hurdles. But she gave ground over the last half of the race, and finished a dispiriting fourth in the trials.

Fourth, of course, is where the disappointment begins.

"I don't know," Crawford said, turning philosophical to a handful of reporters. "I never thought it would be so disappointing to make me want to find something else to do."

But Crawford, at first blush, admitted she might be facing that crossroads. She turns 29 in September, and has now known the chagrin of making two Olympic trials finals and not landing on a team. She was sixth in 2008.

"The ending on my race has always been my weakness," she said. "It definitely hurt me today. It's something I haven't been able to figure out my whole hurdle career. No one has seemed to be able to fix that. I've been with two coaches, and somehow I just deteriorate and hit a wall."

Crawford said as her race developed from lane seven, she could sense Dawn Harper, in lane six, surging ahead. Harper won the race in 12.73, with Kellie Wells second in 12.77 and Lolo Jones, who had a late-race fall to thwart a gold-medal run in Beijing, third in 12.86. Crawford ran 12.90.

"I was hoping to look up (at the scoreboard) and see my name," Crawford said, "but I didn't."

She talked about the massive pressure in such an endeavor.

"Your livelihood is on the line every time you step out there," she said. "All that matters is 12 seconds, and it's all you. In a basketball game, LeBron James and the Miami Heat, you're out there with a whole team of people and you get seven games.

"Here, you get three rounds, two days, 12 seconds. It's super-cutthroat. I'm still under contract, it's financially OK, but I may find something else I want to do."

The women's 100 final provided a much less-concrete result.

After a long review, race officials determined Allyson Felix and Jeneba Tarmoh finished in a dead-heat for third place, each at 11.068 seconds. Only three spots are available at the Olympics and USA Track and Field officials were huddling, trying to solve a problem for which there is no written solution. Carmelita Jeter won the race in 10.92.

USA Track and Field officials were meeting late into the night to sort out how to break this sort of tie and who will join Jeter and second-place finisher Tianna Madison.

Spokeswoman Jill Geer said she didn't know when a decision would be reached.

Elsewhere, Tyson Gay made it through his first 100 heat cleanly, while LaShawn Merritt, Jeremy Wariner and Sanya Richards-Ross all advanced in the 400.

The Associated Press

contributed to this report.

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