24-year-old Real Estate Investor Buys Over $4 mil in Property
Bucking national real estate ownership trends, Al Chapman, an African American at the age of 24, has already accumulated over $4 million in property. Chapman has bought over 75 single-family homes in the four short years he's been in real estate investment. A full time real estate investor, Chapman wasted no time getting started on his career."I don't keep score, I just enjoy what I do," said Chapman. "I really like taking older, ugly homes and making them beautiful again, and it's always great to work with sellers who are trying to get out of a neighborhood or need to sell their home quickly; it's rewarding to help them solve those problems."A native of Chattanooga, Tennessee, Chapman went to Colgate University in upstate New York where he started his first business, CoolWallstreet.com, a stock market simulator web site. Only 19 when the company started, the company enjoyed considerable success until it succumbed to the dot-com fallout.
But Chapman's determination to succeed did not stop there.His next venture was into real estate investment, where he and a friend purchased their first home with just a thousand dollars a piece. "I really saw it as more of a hobby than anything," said Chapman. "But it turned into a bit of a nightmare. We made all the beginner mistakes. We didn't get an inspection, we did all the repair work ourselves and we went well over our $1,000 a piece budget."After spending all summer repairing the house, Chapman bought out his partner and wound up making almost a 70 percent return on the home and was hooked on real estate investing.
Since he began, Chapman has bought 75 homes, rehabbing them, sometimes keeping them as rental properties and other times selling them to beginner investors. Homes have ranged in price from as low as $4,000 up to $90,000..
Real Estate Marketing Tools
Real estate marketing tools are those that will effectively reach the greatest number of qualified prospective customers at the lowest cost. A number of various avenues can be taken in this.
Email marketing has seen a huge boom for real estate in recent times. Usually this involves bulk or mass or spam emailing (depending on how you want to look at it). The message much first be targeted to a specific audience. You can reach the proper audience by targeting those who are most likely to buy real estate.
Choose your proper age range, gender, and so on in order to find the best market. You can buy these email addresses from major companies online who get permission from the customers to sell their email addresses. Next choose your content. It must be simple, direct, impressive, and lacking in excessive exclamation marks. It must contain the facts.
It must have a link to your website.
Internet marketing is highly profitable for real estate agents....
Real estate > Real Estate Marketing Tools
Commercial Real Estate Loans and the Impact of Rising Interest Rates on Commercial Real Estate
Beaverton, OR (ContentDesk) August 1, 2005 --
http://www.pacificsecuritycapital.com -- Pacific Security Capital ("PSC"), a leading commercial real estate investment bank, headquartered in Beaverton, Oregon, addresses the impact rising interest rates could have on commercial real estate loans and the commercial real estate market overall. There has been no shortage of conversation surrounding the topic of rising interest rates in the commercial capital markets over the last two years. Mike Myatt, Executive Managing Director of Pacific Security Capital explains that "the reason for all the column fodder is that interest rate movement has a direct impact on the state of capital markets supply and pricing and can have a very real impact on the overall commercial real estate market." As a baseline for a deeper analysis it is useful to have a macro-economic understanding of what happens to property level supply and...
Real estate > Commercial Real Estate Loans and the Impact of Rising Interest Rates on Commercial Real Estate
Ohio Real Estate Virtual Assistant Earns Real Estate Professional Assistant (REPA) Certificate
Springfield, OH (ContentDesk) January 13, 2006 -- Lisa Morgan of Virtuoso Administrative Services has recently earned the Real Estate Professional Assistant (REPA) Certificate, awarded by the NATIONAL ASSOCIATION OF REALTORS?.All successful real estate brokers and agents know how important a good assistant is to their success.
"The best investment of time and money," says Martin Edwards, Jr., president of the NATIONAL ASSOCIATION OF REALTORS?, "just might be in a well-trained professional assistant.
The REPA course can turn the right candidate for assistant - or any support position, for the matter - into an agent's 'right hand.'"Understanding this, Morgan took the two-day REPA certificate course to become familiar with the inner workings of the real estate industry, studying such topics as professional and ethical standards, local listing and sales procedures, and how to manage a real estate transaction.Morgan, who has also received the International Association of...
Real estate > Ohio Real Estate Virtual Assistant Earns Real Estate Professional Assistant (REPA) Certificate
Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships
(ContentDesk) July 7, 2006 -- The real estate industry is undergoing a massive change. Gone are the days of driving around in strange neighborhoods hoping to stumble upon the perfect home. Today, the internet continues to gain popularity and speed and opens a new chapter in locating, buying, and selling property. With the www.virtualrealestatemall.com community all the real estate services you need are located at one online destination. Whether you are a buyer, seller, or any industry professional, you can find many services to make your real estate experience successful.www.virtualrealestatemall.com offers many tools to help facilitate new business.
For example, our listings offer recent video uploads of the property so you can get a feel for the space, our chat forums...
Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships
Real estate > Virtual Real Estate Mall - Newest Online Real Estate Networking Site Goes Live, Offers Free Lifetime Memberships
24-year-old Real Estate Investor Buys Over $4 mil in Property Real estate water
24-year-old Real Estate Investor Buys Over $4 mil in Property Real estate water
24-year-old Real Estate Investor Buys Over $4 mil in Property