Archive for January, 2010

Jan 28

Real Estate Development 2

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Once you’ve written your business plan the way you would want to develop your real estate project, let’s talk about the people you want involved in the process.

While pursuing your development projects, you are going to work with many different kinds of people in a wide variety of occupations. Some of these people are attorneys, city planners, architects, surveyors, inspectors, contractors, and many more. Real estate development is a team accomplishment, and these people are going to become your team on that project. Include them in your vision, create open and professional relationships with them, and these contacts can help you become as successful as you wish to be.

Probably the people you will be working closest with are your investors. Investors are the people who front the money necessary to pay for your plan. They will want to see your business plan, and will want to be kept up to date on how the project is proceeding. Be sure to keep in contact with your investors, give them the information they need to make the right decision to invest with you, and then give them continual updates. By being open with your investors, you are paving the way for a long and profitable relationship.

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Jan 26

Real Estate Development 1

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Real estate development is a broadly defined concept in the real estate industry. It is different from being a real estate agent or even purchasing real estate for resale.

Development means that changes are done to the property to increase its value on some level; whether upgrading the utilities, correcting cosmetic flaws, changing the buildings usage, or even purchasing raw property with the plan to turn it into the next shopping center, apartment complex, or skyscraper full of office space in your neighborhood or city.

For me to be successful in real estate development, it helps to have a business plan. A business plan is a document that has details on how you operate. The plan defines the properties looked for, who you work with, what is done in property, what is contracted out, how different properties are given a facelift, and so on. Many developers work on several projects at once, so having a detailed plan for each project, may be helpful to ensure that each one is on the right track.

Jan 21

Short Sale and Foreclosure Opportunities 2

Short Sales 3 Comments »

How can this pose as an opportunity to you? If you find a foreclosed property that is for sale for the amount of the lien, the sale is pretty straight forward. Just pay what is owed and the property becomes yours, which can be resold for current property values. If the property is sold at auction, you must do your homework. At auction, the property is put up for sale at a minimum bid, and then bid upon until the person willing to pay the most for it wins the property. By doing your homework, you will understand what the property is worth and avoid over paying for a property that looks great, but is in a low value neighborhood.

A short sale property is when the bank has taken possession of the home and is willing to resell it for less than its value or the amount due on it, to keep its loss to a minimum. This opens up another opportunity for the investor to buy a property at a low price and resell it at current value. Contacting banks and asking them for short sale lists, is an option to buy property this way and another is to contact a real estate agent specializing in short sale properties.

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Jan 18

Short Sale and Foreclosure Opportunities 1

Foreclosures, Short Sales 1 Comment »

It is no secret that many people have defaulted on their home loans. Personally this sad story is one of the major reasons that the economy is in so much trouble, but this story can have a happy ending for you. With all the foreclosed homes across the country, that means a ton of opportunity for you to get in there and buy low and sell high. The trick is to understand what is a short sale or foreclosure opportunity and how to take advantage of it.

A foreclosure is where a person or company with a lien on the house forces the ownership of the house from the listed owners to its possession for sale to cover the existing debt. Most commonly this is the bank holding the promissory note on the home, but can also be a government agency seeking taxes owed or private company seeking to be repaid for a debt.

When these properties are found they may be purchased at auction or for the amount owed on the lien, which is generally significantly less that the property is worth.

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Jan 17

A Heartfelt Message!

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KJV_pic3 Dear Friends:

As you all know, the crippling earthquake in Haiti has left a city in ruins, insurmountable death and people around the world shocked by the havoc of nature and the great need.

I asked myself this question today, “what can I do to make a special difference”? My answer was, anything you do is appreciated, as crippling devastation is worsening in Haiti.

From governments, to you and me, together we can help, we can mobilize our troops, combine efforts to help the living and make sense of this natural disaster.

The stories being told of heroism, grace and valor, amid the rubble of tragedy are awe-inspiring!

Contribute to your local reputable charity, assist one another, as our world is small and each and every one of us has a uniqueness that is special to help someone in need!

What prompted me to write this note for you to share, was me over hearing a small child at the supermarket this evening say, “Mom, can I give all the money in my bank account to help the young children in Haiti.” This child had learned at this early age, we are a small global community, which is instantaneously connected!

Let us all connect, let us all pray and let us all be grateful for all we have!

Please share your goodness on our wall at ONE GOOD DEED DAILY for you will inspire the world!

Sincerely yours,
Ken Van Liew

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Jan 01

A New Year’s Message

Empowerment, Life Mastery Comments Off

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As I reflect on 2009, I think of the many challenges, facing our future.

We have all felt the impact of fear and uncertainty, during these critically weak economic times.

Now ask yourself, what was the greatest lesson learned in 2009?

Looking back together, I would have to say, mindset…..YES…..mindset; for I always believed our greatest accomplishments cannot be attained, without steadfast commitment and dedicated intensity.

People begin with different personalities and different skill sets; but it is clear that experience, training, and individual effort, take them the rest of the way.

It is impossible to ascertain the impact when an individual is reinforced with proper inspiration and preparation, their mindset can accomplish the impossible!

A positive mindset allows the individual to empower themselves and others, through their inner luminosity, which spreads like a blanket for all humanity.

Below is a link, please download the ”Questionnaire”; which represents reviewing your effectiveness in the year passed and a new gateway to envision our Dreams, with renewed focus and clarity.

COMPLETING AND REMEMBERING 2009

You will create opportunities to success, for when the mindset believes, inspiration achieves!

With this mindset, I engage in the excitement of the New Decade 2010, with sincere optimism, and an inner confidence to inspire and create opportunities for myself and you.

Now is the time to challenge ourselves, to empower, for success thrives during difficult economic times!

Wishing you, A Happy New Year!

Sincerely yours,
Ken Van Liew

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