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Monday, October 14th, 2013Real Estate Investing Expert, Mike Eckerman, Announces the Five Best Strategies to Be a Savvy Real Estate Investor in Todays Las Vegas Market
Monday, October 14th, 2013
Las Vegas, Nevada (PRWEB) September 27, 2013
Not many will argue that 2013 has been a good year for the Las Vegas real estate market. According to real estate data and research site, DQ News. Home price increases, for the former ground zero of the 2008 real estate collapse, have increases nearly 35% from a year ago. In addition, the National Association of Realtors reported a national six and half year high for existing home sales in August, crediting demand on limited inventory for the continued surge. New construction on single family homes is also on the rise, hitting a five year high, according to a report from the Commerce Department. Many of those permits have been issued in Las Vegas. All the signs of a sustained recovery are here. We have limited inventory and high demand continuing as well as an increase in new home construction says Mike Eckerman, CEO of Novus Dia Financial, a real estate asset management firm.
Eckerman is quick to point out the important role cash investors have had assisting in the recovery. According to Eckerman, investors are mainstays in Las Vegas and continue to pick up many of those distressed properties which have contributed to the overall growth. Like any other business, real estate investing requires a deep understanding of the market and its income producing potential. Las Vegas has been a hot market for first time, smaller investors and the larger, more sophisticated investors. Its a very competitive market right now, explains Eckerman.
With all of those encouraging components in play, Eckerman announces five important strategies to follow in order to become a savvy and sophisticated real estate investor in the Las Vegas market.
1. Know the Market: Having firsthand knowledge of the Las Vegas market can pay off in dividends. For example; According to the latest report from GLVAR, Las Vegas leads the nation in home price increases. Eckerman says to monitor those trends regularly and have a confident feel for where the market is headed.
2. Treat the Investment like a Business: Becoming a savvy investor means its important to approach the investment like a business. Like any business, the investor wants to see a profit. Its a great idea to draft up a business plan to include any potential overhead costs, such as construction improvements that may be needed prior to leasing out the property. Be prepared and have those potential expenses in order, Eckerman says.
3. Build a Network: In a competitive market like Las Vegas, the importance of networking can greatly increase the chances of cutting through the competition. It can also create new investment opportunities. Eckerman says, reaching out to other investors and setting up a rapport with successful real estate professionals in your key market can be extremely rewarding.
4. Understand the Risks and Have and Exit Strategy: Eckerman encourages using a buy and hold strategy on properties with terms between 3-7 years in order to see the long term appreciation on the property. This method allows the investor to get an accurate snapshot of the market in preparation if the right time comes to sell off the property.
Eckerman explains that if the market begins to show signs of slowing down, it shouldnt be an indicator for investors to wait it out. Sure, mortgage rates may increase but its not necessarily a bad thing. Its important to keep in mind that with any investment, youre hedging against inflation. Purchasing and owning a property that rises with the fluctuating tide will ultimately protect your wealth, regardless, explains Eckerman.
5. Have a Reliable Network of Professionals: Eckerman explains the importance of taking the time to hire and maintain a solid lineup of real estate professionals. Hiring CPAs who know the tax options and benefits as well as attorneys, who have a firm understanding of the local real estate laws, can offer protection from any unforeseen legal and tax challenges that might arise. For those investors looking to rent out their investment, having a property manager will take away the stressful burden of being a landlord, explains Eckerman. In addition, Eckerman also recommends hiring reliable contractors to handle light and heavy maintenance. With a good group of professionals at your disposal, investors are creating a sophisticated network that will increase and sustain a savvy reputation, explains Eckerman.
Novus Dia Financial is a Real Estate Asset Management and Strategy Firm that specializes in acquiring, leasing and selling Residential Real Estate. Novus Dia Financial also provides education to individuals on how they can earn above market returns through Proprietary Real Estate Investment Strategies. Novus Dia has office locations in Las Vegas, Newport Beach, Beverly Hills and San Francisco.
Unison Agency President Discusses Restaurant Branding Opportunities in Afghanistan
Sunday, October 13th, 2013
Dubai, UAE (PRWEB) September 30, 2013
U.S. Embassy Kabuls Foreign Commercial Service invited Unisons president and co-founder, Robert Fardi, to speak on the importance of brand for international franchises. The sponsored franchise trade event for seven major international franchise brands and more than 100 Afghan businessmen was held in Dubai, United Arab Emirates. Unison is a brand innovation firm, based in Washington, DC, with expertise in developing brands and digital platforms for the restaurant and hospitality industry.
The over-subscribed event showcased Afghanistan as a viable market for the franchise business model and connected world-class food and beverage franchise brands with Afghan investors, featuring keynote addresses from two companies currently with franchises in Afghanistan: Cherry Berry and Ace Hardware. Representatives from Hot Breads USA, Yum Brands (owners of KFC, Pizza Hut and Taco Bell) and CKE (owners of Carls Jr. and Hardees) joined Fardi in the session.
Fardi was forthright in his assessment of prospects for the region. We are bullish on the opportunities in Afghanistan for food franchising opportunities by U.S. brands. With 60% of the population under twenty years of age, U.S. fast-food brands, in particular, represent both employment and professional training benefits and serve as a public diplomacy tool to stay engaged with our friends in Afghanistan as military involvement winds down in 2014, Fardi said.
Franchise representatives left the conference with a pronounced sense of optimism and a belief in the prosperous future of Afghanistan, according to a press release from the U.S. Embassy Kabul.
Job creation through trade is a key element of the U.S. government mission in Afghanistan. Franchising has proven to be an ideal market vehicle for both employment and economic growth. With the high demand for American franchise brands in Afghanistan, we are confident that this conference will lead to success for both American franchises and Afghan entrepreneurs, said Embassy Kabuls Senior Commercial Officer, Walter Koenig.
Unison will celebrate its 10th anniversary this year. In that time, it has established a formidable restaurant and hospitality practice applying its noted branding expertise to some of the best-known global food brands, including Cava Mezze Grill, Salsarita’s, sweetgreen, CaliBurger, Thompson Hospitality, ThinkFoodGroup, Gourmet Gulf Company, Snikiddy, Sushiko, Brown Bag and Artisan House LA among others.
About Unison Agency
Unison is a full-service brand and digital agency that develops integrated solutions by combining strategic, creative and technological capabilities to advance our clients brands across all touch points. The agency fosters enduring customer devotion by creating digital brand experiences that bridge the gap between offline and online interactions.
Unison strives to create rich, engaging and truly emotional experiences in the digital realm. By combining high-impact media and seamless usability with the latest technology in e-commerce, social networking and digital mobility, Unison designs online brands that are multifunctional, multi-sensory and multi-platform.
Unison has experience building powerful brands across a wide range of industries, including financial services, government, food service, retail, manufacturing, real estate, pharmaceutical, fashion, entertainment/media, consumer packaged goods and beauty products.
Over the span of a decade, Unison has worked with clients in thirty-five countries around the world, demonstrating its belief that artfully designed brands are universally engaging and transcend cultural and linguistic boundaries.
mRELEVANCE Launches Keystone Custom Homes Realtor Blog
Saturday, October 12th, 2013
Atlanta, GA (PRWEB) September 30, 2013
mRELEVANCE, LLC announces the launch of the new Keystone Custom Homes Realtor blog, http://www.KCHRealtors.com. The Keystone Rewards Realtors blog will help the Pennsylvania home builder better connect with and reward hardworking co-op Realtors who sell their homes.
Co-op Realtors are the backbone of this company. Without them, we could not provide outstanding customer service to our home buyers, stated Janette Hawkins, Vice President of Marketing and Internet Technology with Keystone Custom Homes.
The blog will feature information on Keystone Custom Homes’ latest incentives, community news, Realtor-only bonuses such as the Ambassador program, exclusive contests and special invitations to Realtor and community events. Aside from company news, Realtors will also have access to general information on the local real estate market.
In addition to the blog, which Realtors are encouraged to subscribe to, the new website also features a Realtor of the Month section, a registration form for Realtors to provide more information about themselves and their buyers, links to all of Keystone Custom Homes’ social media profiles, general information on their ambassador program and a special Realtor events section. The Pennsylvania builder has also created a custom Facebook tab for Realtors to easily access the blog.
Carol Morgan, managing partner with mRELEVANCE says, It is great to see home builders connecting with one of their most important audiences. Many builders have not refocused on Realtors since the downturn. It is nice to see Keystone Custom Homes focus on them as a key ingredient of its success.”
Keystone Custom Homes, a Pennsylvania and Maryland home builder celebrating its 21st anniversary, has been Central Pennsylvania’s leading builder for the past seven years and is a three-time winner of “America’s Best Builder Award.” With 44 communities offering both single-family homes and townhomes in a variety of floor plans and options, it’s no wonder more homebuyers are choosing to improve their life with a new home from Keystone.
About Marketing RELEVANCE: mRELEVANCE, LLC creates relevant marketing and communications that reach audiences with focused and strategic messages. Through technology and creative content, messages are delivered to target markets to encourage customer action and interaction.
With offices in Atlanta and Chicago, mRELEVANCE can connect your company with buyers and build relevant relationships nationwide. For more information, visit http://www.MarketingRELEVANCE.com, Like us on Facebook at http://www.Facebook.com/mRELEVANCE, Follow us on Twitter at @mRELEVANCE or call 770-383-3360 or 847-259-7312.
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Search Realty Advises on Three Things to Look at When Searching for the Perfect Neighborhood
Friday, October 11th, 2013
Mississauga, Ontario (PRWEB) October 07, 2013
When someone is dead set on buying a home, the first thing they need to do is get pre-approved for a loan, and then once that is complete, the fun part of real estate, house hunting, begins. Search Realty advises all home buyers to not just think about the perfect home when looking to buy, but the perfect neighborhood as well.
The fact is that the neighborhood in which the home resides dictates more than one would initially believe. Such things as nearby parks, good schools, a nearby shopping mall, and on and on actually make a huge difference on whether the home owner ends up happy in the long run. After all, the home buyer may be buying the home to live in, but theyll also be living in the neighborhood in which that home resides.
The quickest and easiest way to assess the neighborhood is to simply visit it. Search Realty recommends not simply going there once and being satisfied. A potential home buyer should actually visit the neighborhood numerous times, in the morning, and at night, and during the heaviest traffic hours. That way the home buyer can get an overall look at how the neighborhood is during various times of the day. More importantly than just visiting is to actually mingle. The home buyer should walk around and explore, not simply observe. The home buyer should make an effort to speak with residents to get a feel for the neighborhood and the people that reside there.
In particular, when it comes to any neighborhood, Search Realty advises that the home buyer assess three things before purchasing a home for sale, in order to determine if it is the perfect neighborhood for them.
SCHOOL DISTRICT
This goes for both parents and for those without children. Buying a home in a district with good schools is actually in the best interest of the home buyer, even if they don’t have any children. If the home buyer does purchase the home, and then decides to sell in the near future, future buyers who have children will likely put that home on the top of their list, as a good school district is among the top priorities for those with children looking to buy a home. To determine if the a school is considered a good school, the home buyer is simply a mouse click away, as everything from school ratings to standardized test scores can be found on the internet. The best source for knowledge that any home buyer can tap into is a realtor, who has all this information at hand.
CRIME STATISTICS
A neighborhood low in crime is obviously attractive for many reasons. Nobody desires to live in a neighborhood that is prone to break-and-enters and burglaries. For a home buyer looking to get crime statistics on a potential neighborhood, the internet is there to help again. There are many sites that can provide stats on crime and other important information regarding particular neighborhoods. An easy way to assess crime stats while visiting the neighborhood is to look at tell-tale signs, such as bars on windows, high police presence and obviously by talking to residents.
KEEPING FAMILY IN MIND
The most important thing is to keep the family in mind when looking for that perfect neighborhood. Convenience is of utmost important to both parents and children. A school nearby could allow for savings on bus transport or allow for time saved for the parent who doesn’t have to drive a child to school everyday. For those in the family who are working, commute time is equally important, thus either having work close by, or low traffic levels or at the least, a nearby highway to cut down on travel to and from work, would be an obvious asset of a neighborhood.
The last thing is property or home values. The potential home buyer should research home values before finding a home in the neighborhood of their liking, because home values have a direct correlation with the overall vitality of the community.
About Search Realty
Search Realty Corp.,Brokerage is a real estate company utilizing the best tools and technology to serve the needs of todays Home Buyers, Sellers and REALTORS
