While it’s true that a lot of the television shows we see today focus on real estate investors on the flipping side of the game, the fact is that one of the most profitable ways to build an Orange County real estate investment portfolio is to buy and hold property – not buy and sell it.
When you hold on to property you are able to let it appreciate over time and make far more money in the long run. Of course, an empty property is not nearly as valuable as one you are renting out and that’s why it’s so important to learn how to manage tenants and play the role of landlord for the properties you choose to hold onto instead of sell.
If you want to learn how to buy and hold property to make the most money out of your Orange County real estate investment, here are a few tips from the experts:
1) Finding quality tenants is one of the most important aspects of successfully renting property you own. But sometimes that can be easier said then done. A great way to learn how to find tenants that will respect your property and pay their rent on time is to seek out the help of experienced Orange County real estate investors. Many times, investors will be able to help you pinpoint where you can find great tenants for your properties.
2) Understanding how to deal with the day-to-day operations of rental property is also a hugely important aspect of the buy and hold game. From repairing leaky faucets to handling pet requests, you will need to manage your tenants and properties on a regular basis. This means that you will need an arsenal of help if a need arises. Some Orange County real estate investors choose to hire a management company while others choose to handle the day-to-day operations on their own. Either way, be prepared to spend some money on routine repairs and emergencies.
3) If you are thinking about getting into the Orange County real estate investment game and want to buy and hold properties, you’ll definitely want to understand the financial side of owning rental property. From understanding the great tax advantages to analyzing advanced rental strategies to maximize cash flow, it’s important for every investor to thoroughly know and understand how to make their investments work for them.
Buying and holding property might sound scary if you’ve just considered flipping, but it truly is one of the best ways to build wealth and a successful Orange County real estate investing career. If you want to learn more about the buy and hold strategy or about managing rental properties, check out Nouveau Riche University’s Orange County real estate investing courses. You can visit them online or call the University today at 949-433-7187 for more information.
Wednesday, April 9, 2008
Thursday, April 3, 2008
Understanding the Financial Management Side of Real Estate Investing
There is a lot more to building a successful Orange County real estate investment portfolio then just buying and selling real estate. It takes quite a bit of patience, know-how and business savvy to successfully create a real estate investing firm that will grow and thrive. A big part of building that business in understanding the financial side of real estate investing and learning how to manage your money so that you can grow your business and remain successful even in times of uncertainty.
So what do you need to know about the financial management side of Orange County Real Estate investing before your take the plunge and invest? Simple – the basics. You should never invest without first understanding the financial aspects of business. Here are few things you should keep in mind before you take on the Orange County real estate investing game:
1) A basic understanding of the components of financial statements, balance sheets, cash flow statements and income projections is vital to your success as a real estate investor. If you don’t understand how to manage your money or accurately project your profits, how can you successfully complete projects? Learning about these financial basics – like cash flow statements and balance sheets – can help you make better long-term decisions about investments as well as the growth our your business.
2) Understanding how the financial side of a business works and applying your knowledge are two separate things. Ideally, someone familiar with the Orange County real estate investing game can help you understand how to practically apply your knowledge to build a stronger portfolio. Learning to use your knowledge to develop commercial credit, understand banking and mortgage requirements, analyzing purchases, and understand tax issues is important for every business owner to know.
3) Once you understand the basic components that make up the financial side of a business you can use that knowledge to more effectively manage your real estate investments and run your business. Since you will know and understand how different projects or investments affect your bottom-line, you will be able to make better decisions about which investments are the most viable and profitable for your company.
While it may seem like a tall order, educating yourself on these financial aspects of Orange County real estate investing is easy if you seek out professional courses that cover these topics. Nouveau Riche University offers a great Business Financial Management course that covers all of these topics and can get you on the right path to developing a successful real estate investment portfolio. If you want to learn more about the course, check out Nouveau Riche online or call the University at 949-433-7187 for more information.
So what do you need to know about the financial management side of Orange County Real Estate investing before your take the plunge and invest? Simple – the basics. You should never invest without first understanding the financial aspects of business. Here are few things you should keep in mind before you take on the Orange County real estate investing game:
1) A basic understanding of the components of financial statements, balance sheets, cash flow statements and income projections is vital to your success as a real estate investor. If you don’t understand how to manage your money or accurately project your profits, how can you successfully complete projects? Learning about these financial basics – like cash flow statements and balance sheets – can help you make better long-term decisions about investments as well as the growth our your business.
2) Understanding how the financial side of a business works and applying your knowledge are two separate things. Ideally, someone familiar with the Orange County real estate investing game can help you understand how to practically apply your knowledge to build a stronger portfolio. Learning to use your knowledge to develop commercial credit, understand banking and mortgage requirements, analyzing purchases, and understand tax issues is important for every business owner to know.
3) Once you understand the basic components that make up the financial side of a business you can use that knowledge to more effectively manage your real estate investments and run your business. Since you will know and understand how different projects or investments affect your bottom-line, you will be able to make better decisions about which investments are the most viable and profitable for your company.
While it may seem like a tall order, educating yourself on these financial aspects of Orange County real estate investing is easy if you seek out professional courses that cover these topics. Nouveau Riche University offers a great Business Financial Management course that covers all of these topics and can get you on the right path to developing a successful real estate investment portfolio. If you want to learn more about the course, check out Nouveau Riche online or call the University at 949-433-7187 for more information.
Tuesday, March 11, 2008
5 Easy Tips for Becoming a Savvy Orange County Real Estate Investor
While it’s true that some people are just born with the knack for business, every savvy Orange County real estate investor started somewhere. One day they decided to take a chance in the real estate investment game and through lots of education – both formal and informal – they got where they are today.
Learning how to make smart investment choices is what makes most real estate investors successful. Whether you learn about real estate investing through a Nouveau Riche University course or from a mentor in the business, understanding when and how to make investments is what will set you apart for others in the field. Here are a few tips that can help you become a savvier investor and build a better Orange County real estate investment portfolio.
1. Don’t fall in love with a property, fall in love with the numbers.
Buying a home or property because it’s cute or has a great chandelier or is near your favorite restaurant is the worst thing you can do. Things you love are things other people may hate, so chances are you will not make any money from these types of subjective features. When you invest in a piece of property, do it because the numbers are in your favor. This means that the property, even after renovations, will net you a good profit, not just be a pretty picture in your portfolio.
2. Buy low, sell high.
Even if you’re just beginning your Orange County real estate investment career, you should already know that the best way to make money is by buying low and selling high. A great way to do this is to check out foreclosures, REO homes and homes in need of repair. Often times these homes are priced far below market value and you will easily recoup your money and make a great profit by renovating or remodeling the home to suit the area.
3. Focus on your real estate portfolio, not on flipping.
A bigger portfolio doesn’t mean a better one. One of the biggest rookie mistakes an Orange County real estate investor can make is going for quantity over quality. Making smart investments that finish on-time and under-budget will yield you more profits then choosing many properties that yield small margins. Until you know the business better and can handle multiple projects at once, it’s in your best interest to carefully take on a single project at one time instead of spreading yourself too thin with multiple properties.
4. Know your limitations.
While it’s true that you can do anything you put your mind to, it may take you longer and cost far more money in the long run to do a job yourself then to hire an experienced professional to do it. No matter if it’s tile work, accounting paperwork or property listing, it is often times better to turn to an expert then to take on the task yourself. While you may spend a bit of money to have professionally installed flooring, a knowledgeable accountant to give you investment and tax advice, or a top-notch real estate agent to list your properties for rent or sale, in the end, you are creating a team of people you can count on and trust – an that will bring you more profits down the road then laying tile yourself ever could.
5. Utilize equity and buy properties with the bank’s money.
One of the most common misconceptions about becoming an Orange County real estate investor is that you have to be rich in order to get started. The truth is, most savvy investors started out with little or no capital and leveraged their own home equity to buy their first property. And once you have that first property under your belt you can grow your capital and build your portfolio. A great way to find out more about leveraging your home equity to begin your Orange County real estate investing career is to read Dolf de Roos book “Real Estate Riches: How to Get Rich off your Bankers Money”.
Learning how to make smart investment choices is what makes most real estate investors successful. Whether you learn about real estate investing through a Nouveau Riche University course or from a mentor in the business, understanding when and how to make investments is what will set you apart for others in the field. Here are a few tips that can help you become a savvier investor and build a better Orange County real estate investment portfolio.
1. Don’t fall in love with a property, fall in love with the numbers.
Buying a home or property because it’s cute or has a great chandelier or is near your favorite restaurant is the worst thing you can do. Things you love are things other people may hate, so chances are you will not make any money from these types of subjective features. When you invest in a piece of property, do it because the numbers are in your favor. This means that the property, even after renovations, will net you a good profit, not just be a pretty picture in your portfolio.
2. Buy low, sell high.
Even if you’re just beginning your Orange County real estate investment career, you should already know that the best way to make money is by buying low and selling high. A great way to do this is to check out foreclosures, REO homes and homes in need of repair. Often times these homes are priced far below market value and you will easily recoup your money and make a great profit by renovating or remodeling the home to suit the area.
3. Focus on your real estate portfolio, not on flipping.
A bigger portfolio doesn’t mean a better one. One of the biggest rookie mistakes an Orange County real estate investor can make is going for quantity over quality. Making smart investments that finish on-time and under-budget will yield you more profits then choosing many properties that yield small margins. Until you know the business better and can handle multiple projects at once, it’s in your best interest to carefully take on a single project at one time instead of spreading yourself too thin with multiple properties.
4. Know your limitations.
While it’s true that you can do anything you put your mind to, it may take you longer and cost far more money in the long run to do a job yourself then to hire an experienced professional to do it. No matter if it’s tile work, accounting paperwork or property listing, it is often times better to turn to an expert then to take on the task yourself. While you may spend a bit of money to have professionally installed flooring, a knowledgeable accountant to give you investment and tax advice, or a top-notch real estate agent to list your properties for rent or sale, in the end, you are creating a team of people you can count on and trust – an that will bring you more profits down the road then laying tile yourself ever could.
5. Utilize equity and buy properties with the bank’s money.
One of the most common misconceptions about becoming an Orange County real estate investor is that you have to be rich in order to get started. The truth is, most savvy investors started out with little or no capital and leveraged their own home equity to buy their first property. And once you have that first property under your belt you can grow your capital and build your portfolio. A great way to find out more about leveraging your home equity to begin your Orange County real estate investing career is to read Dolf de Roos book “Real Estate Riches: How to Get Rich off your Bankers Money”.
Sunday, March 2, 2008
Tax Strategies for the Orange County Real Estate Investor
This time of year is synonymous with taxes. If you’re not already finished with yours, chances are your elbow deep in tax forms and receipts. And of course if you’re an Orange County real estate investor, you probably need a little extra help to sort through all your tax papers, deductions, credits and expenses.
Most seasoned Orange County real estate investors have tax professionals that can help them with their taxes each year, but when you’re just learning the business or building your portfolio, you will most likely be handling taxes on your own. And even if you’re not, it’s important to understand different tax benefits when it comes to Orange County real estate investing.
A great way to learn about all the various tax benefits and liabilities is through the Tax Strategies course at Nouveau Riche University. This class will help the Orange County real estate investor learn practical applications of owning real estate as well as the tax implications of operating under various business structures. This course also teaches bookkeeping basics and helps students understand how to maximize deductions and minimize taxes.
You can find out more about Nouveau Riche University’s Tax Strategies course or its other Orange County real estate investment classes by checking out the school online. Or contact the University today at 949-433-7187 for more information.
Most seasoned Orange County real estate investors have tax professionals that can help them with their taxes each year, but when you’re just learning the business or building your portfolio, you will most likely be handling taxes on your own. And even if you’re not, it’s important to understand different tax benefits when it comes to Orange County real estate investing.
A great way to learn about all the various tax benefits and liabilities is through the Tax Strategies course at Nouveau Riche University. This class will help the Orange County real estate investor learn practical applications of owning real estate as well as the tax implications of operating under various business structures. This course also teaches bookkeeping basics and helps students understand how to maximize deductions and minimize taxes.
You can find out more about Nouveau Riche University’s Tax Strategies course or its other Orange County real estate investment classes by checking out the school online. Or contact the University today at 949-433-7187 for more information.
Tuesday, February 19, 2008
Tonight’s the Night!
Orange County Real Estate Investment Seminar
Date: Tuesday, February 19, 2008
Time: 6 p.m.
Where: 23181 Verdugo in Laguna Hills
Contact: Cindy Logan, 949-433-7187
Just a quick reminder that tonight is Nouveau Rich University’s free Real Estate Investment Seminar and it’s a great opportunity to learn more about investing in today’s market. While many people may be hesitant to buy real estate in today’s slower market, it really is one of the best times in recent history to begin an Orange County real estate investing career. That’s why Nouveau Riche has put together tonight’s free seminar – to help both fledgling real estate investors and seasoned ones understand how they can successfully buy and sell real estate in today’s market.
We have several great speakers at tonight’s event and it is a great opportunity to hear from Orange County real estate investment experts. One of the area’s most prominent mortgage specialists – Derek Beisner – will be speaking to attendees about how to harness your home’s equity in order to invest in other real estate opportunities. Also at tonight’s free Orange County Real Estate Investment Seminar will be David Widerman, a highly respected Orange County CPA. Widerman will be addressing the tax benefits for investors and answering questions about the topic.
We’ll also be helping attendees understand how to find the best Orange County real estate investment opportunities and Orange County realtors will be speaking about area foreclosures, REO properties and hot short sales.
So if you’ve been thinking about cashing in on the low interest rates and low home prices by joining the Orange County real estate investing game, you’ll definitely want to check out tonight’s free seminar. We hope to see you there. If you have any questions, feel free to call Nouveau Rich University at 949-433-7187.
Date: Tuesday, February 19, 2008
Time: 6 p.m.
Where: 23181 Verdugo in Laguna Hills
Contact: Cindy Logan, 949-433-7187
Just a quick reminder that tonight is Nouveau Rich University’s free Real Estate Investment Seminar and it’s a great opportunity to learn more about investing in today’s market. While many people may be hesitant to buy real estate in today’s slower market, it really is one of the best times in recent history to begin an Orange County real estate investing career. That’s why Nouveau Riche has put together tonight’s free seminar – to help both fledgling real estate investors and seasoned ones understand how they can successfully buy and sell real estate in today’s market.
We have several great speakers at tonight’s event and it is a great opportunity to hear from Orange County real estate investment experts. One of the area’s most prominent mortgage specialists – Derek Beisner – will be speaking to attendees about how to harness your home’s equity in order to invest in other real estate opportunities. Also at tonight’s free Orange County Real Estate Investment Seminar will be David Widerman, a highly respected Orange County CPA. Widerman will be addressing the tax benefits for investors and answering questions about the topic.
We’ll also be helping attendees understand how to find the best Orange County real estate investment opportunities and Orange County realtors will be speaking about area foreclosures, REO properties and hot short sales.
So if you’ve been thinking about cashing in on the low interest rates and low home prices by joining the Orange County real estate investing game, you’ll definitely want to check out tonight’s free seminar. We hope to see you there. If you have any questions, feel free to call Nouveau Rich University at 949-433-7187.
Tuesday, February 5, 2008
Don't Miss the Orange County Real Estate Investment Seminar Planned for February
Orange County real estate investing can be a tricky business – especially when you’re just starting out and don’t have a ton of capital to invest in properties. Since its Nouveau Riche University’s goal to help Orange County real estate investors successfully learn how to build their investment portfolios, the school often offers educational seminars that can help anyone thinking about becoming an Orange County real estate investor learn more about what it takes to buy and sell properties successfully.
The latest seminar is being held on Tuesday, February 19, 2008 in Laguna Hills and will be a great opportunity for seasoned and aspiring investors to learn about how to make smart financial moves in today’s market. Speakers will include Orange County mortgage specialist, Derek Beisner, who will be discussing using your Orange County home equity to buy investment property across the country. Also speaking at the event will be David Widerman, Orange County CPA, who will provide case studies of how investors save big tax dollars with their investment portfolios. In addition, investors will be provided with information on the BEST Orange County investments, including hot short sale and REO properties from a licensed Orange County realtor.
If you’re are currently or are thinking about becoming an Orange County real estate investor, you don’t want to miss this seminar! Contact Cindy Logan with Nouveau Riche University today at for more information or to RSVP for this event.
RSVP Today for this Exciting Orange County Real Estate Investment Seminar
Date: Tuesday, February 19, 2008
Time: 6 p.m.
Where: 23181 Verdugo in Laguna Hills
Contact: Cindy Logan, 949-433-7187
The latest seminar is being held on Tuesday, February 19, 2008 in Laguna Hills and will be a great opportunity for seasoned and aspiring investors to learn about how to make smart financial moves in today’s market. Speakers will include Orange County mortgage specialist, Derek Beisner, who will be discussing using your Orange County home equity to buy investment property across the country. Also speaking at the event will be David Widerman, Orange County CPA, who will provide case studies of how investors save big tax dollars with their investment portfolios. In addition, investors will be provided with information on the BEST Orange County investments, including hot short sale and REO properties from a licensed Orange County realtor.
If you’re are currently or are thinking about becoming an Orange County real estate investor, you don’t want to miss this seminar! Contact Cindy Logan with Nouveau Riche University today at for more information or to RSVP for this event.
RSVP Today for this Exciting Orange County Real Estate Investment Seminar
Date: Tuesday, February 19, 2008
Time: 6 p.m.
Where: 23181 Verdugo in Laguna Hills
Contact: Cindy Logan, 949-433-7187
Monday, February 4, 2008
Negotiations for the Orange County Real Estate Investor
Any Orange County real estate investor will tell you that negotiations are a major part of the investment game. Whether you negotiating with a seller on the price of a property or you’re negotiating with a contractor on a price of repairs, knowing how to read people and negotiate well can save you valuable time and money.
The Nouveau Riche University Negotiations for Real Estate course helps Orange County real estate investors understand how to best negotiate in today’s real estate market. Students will not only learn the psychology of successful real estate investment negotiations, but they also learn the principles and conduct of real estate negotiations.
Since negotiating an investment deal is a skill that is best learned through practice, students are given the opportunity to role play in order to see how strategic creativity, rational behavior, judgment, decision-making and rapport all play a part in the negotiation process.
You can learn more about the Negotiations for Real Estate course and other Nouveau Riche University classes by checking out the school online. Or contact the University today at 949-433-7187 to find out more about Orange County real estate investment courses.
The Nouveau Riche University Negotiations for Real Estate course helps Orange County real estate investors understand how to best negotiate in today’s real estate market. Students will not only learn the psychology of successful real estate investment negotiations, but they also learn the principles and conduct of real estate negotiations.
Since negotiating an investment deal is a skill that is best learned through practice, students are given the opportunity to role play in order to see how strategic creativity, rational behavior, judgment, decision-making and rapport all play a part in the negotiation process.
You can learn more about the Negotiations for Real Estate course and other Nouveau Riche University classes by checking out the school online. Or contact the University today at 949-433-7187 to find out more about Orange County real estate investment courses.
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