Comments for The Home Star Group http://thehomestargroup.com TheHomeStarGroup.com Tue, 09 Mar 2010 15:00:50 -0500 http://wordpress.org/?v=2.8.6 hourly 1 Comment on Real Estate Investing / Owning Rental Property – How do I get Started? by ryladie99 http://thehomestargroup.com/blog/real-estate-investing-owning-rental-property-how-do-i-get-started/comment-page-1/#comment-987 ryladie99 Tue, 09 Mar 2010 15:00:50 +0000 http://thehomestargroup.com/blog/real-estate-investing-owning-rental-property-how-do-i-get-started/#comment-987 Here is my 2 cents of advice and be careful about the interest rate.Here is what I will do,I will buy a duplex or 4 plexs for people to rent. I will not buy any single home.4 renters can do better than one renter.It depends on your money also.Remember you need to put 20% down and if this 4 plexs are your first time then you can put 10% down when you first time home buyer.If you are handy you can buy a fixer upper but depends on the condition of your home that we buy and you need to estimate how much you really need to spend and your time.It may or may not be worthy to fix yourself or hire someone to do better.You need to take some classes in a real estate and these classes will help you.You can go to city college and check real estate books and Investment from the public library.Remember read the books and drive around see location of the property and understand the interest,taxes, and the way money handle.You can work with a trust real estate broker and lawyers when you are ready to buy.I urge you spend your time wisely and use common sense,then you will do very well. Here is my 2 cents of advice and be careful about the interest rate.Here is what I will do,I will buy a duplex or 4 plexs for people to rent. I will not buy any single home.4 renters can do better than one renter.It depends on your money also.Remember you need to put 20% down and if this 4 plexs are your first time then you can put 10% down when you first time home buyer.If you are handy you can buy a fixer upper but depends on the condition of your home that we buy and you need to estimate how much you really need to spend and your time.It may or may not be worthy to fix yourself or hire someone to do better.You need to take some classes in a real estate and these classes will help you.You can go to city college and check real estate books and Investment from the public library.Remember read the books and drive around see location of the property and understand the interest,taxes, and the way money handle.You can work with a trust real estate broker and lawyers when you are ready to buy.I urge you spend your time wisely and use common sense,then you will do very well.

]]> Comment on What is the big diff between a Real Estate Company leasing a commercial property vs a property management co? by cottagstan http://thehomestargroup.com/blog/what-is-the-big-diff-between-a-real-estate-company-leasing-a-commercial-property-vs-a-property-management-co/comment-page-1/#comment-1023 cottagstan Sat, 06 Mar 2010 18:10:59 +0000 http://thehomestargroup.com/blog/what-is-the-big-diff-between-a-real-estate-company-leasing-a-commercial-property-vs-a-property-management-co/#comment-1023 Practically speaking - there is no difference to the tenant. The owner may have a management company do some services that a realty won't do, such as building maintenance, etc. Practically speaking – there is no difference to the tenant. The owner may have a management company do some services that a realty won’t do, such as building maintenance, etc.

]]> Comment on What’s San Antonio,TX Real Estate property tax? by the_crow14@sbcglobal.net http://thehomestargroup.com/blog/whats-san-antoniotx-real-estate-property-tax/comment-page-1/#comment-624 the_crow14@sbcglobal.net Fri, 05 Mar 2010 18:33:10 +0000 http://thehomestargroup.com/blog/whats-san-antoniotx-real-estate-property-tax/#comment-624 Property taxes vary depending on school district and area, to give you an idea I have a property listed down the street from Sea World, the combine taxes for the year on this property are $2597.33 on a $116,000 home. below is a link to the San Antonio tax assessor and rates, and exemptions. and also a link to my youtube listing of the propery I am talking about to give you an idea of what type of home $116,000 can buy you. Hope this helps!!!!! Realtor Keller Williams Property taxes vary depending on school district and area, to give you an idea I have a property listed down the street from Sea World, the combine taxes for the year on this property are $2597.33 on a $116,000 home.
below is a link to the San Antonio tax assessor and rates, and exemptions. and also a link to my youtube listing of the propery I am talking about to give you an idea of what type of home $116,000 can buy you.

Hope this helps!!!!!
Realtor
Keller Williams

]]> Comment on What’s San Antonio,TX Real Estate property tax? by RedPersianKitty http://thehomestargroup.com/blog/whats-san-antoniotx-real-estate-property-tax/comment-page-1/#comment-623 RedPersianKitty Fri, 05 Mar 2010 04:49:32 +0000 http://thehomestargroup.com/blog/whats-san-antoniotx-real-estate-property-tax/#comment-623 What part of San Antonio? It depends on what County you are in. I know when you buy a house there you have to sign a "Shock Disclosure". It just warns you of the property taxes that you will have to pay after you purchase the house. What part of San Antonio? It depends on what County you are in. I know when you buy a house there you have to sign a “Shock Disclosure”. It just warns you of the property taxes that you will have to pay after you purchase the house.

]]> Comment on Why property or real estate considered as an investment? by Founder, MastersoEquity.com http://thehomestargroup.com/blog/why-property-or-real-estate-considered-as-an-investment/comment-page-1/#comment-1076 Founder, MastersoEquity.com Sun, 28 Feb 2010 21:33:23 +0000 http://thehomestargroup.com/blog/why-property-or-real-estate-considered-as-an-investment/#comment-1076 Investing in Real Estates is as simple as it is complicated. Investing in Real Estates is in its simplest form, similar to investing in anything else... stocks, gold etc... The idea is always in trying to buy now hoping that prices will increase sometime in the future while making sure your returns from renting out that property (similar to collecting dividends in shares) makes you a significant yield. Now, some characteristics of good value real estates that all real estate investors like myself look for are : - Located in a state or area that has good potential of future growth. (example are states or places that are slated for some big time government development) - Located in a preferable lot in that state or area. If it is a residential real estate, you will want to make sure it is a conducive area for living in and has convenient traffic in and out of. If it is a commercial real estate, you will want to make sure that it has a good human traffic and located in a central area. - Selling at a significantly cheap price versus market price. There will always be someone throwing away good properties in good areas below market price. Find these properties and you will at least hedge yourself against any unexpected downturn in property prices and be able to make a higher profit when you sell it in future. - Yielding a good rental. Yes, if the rental value is high, then you are likely to recover your initial capital faster. Reasonable yields that full time professionals like me look for are at least 8 to 10%. Calculate yield by taking the annual rental return and divide it by the value of the property. To find out how fast you can recover your initial outlay, you need to find out its Internal Rate of Return which is simply calculated by dividing the net annual rental return (monthly rental minus monthly mortgage installment) by your initial outlay. That will tell you how many years it will take for this property to be free. As a bottom line, you will want to make sure that the monthly rental at least covers your monthly mortgage payment. If a property fulfills all of the above criteria, you would have assured yourself of a good monthly return and an eventual good profit on selling the property in future. Another rule of thumb is that investing in many small units usually makes a much higher yield than putting all your money in one big unit and it diversifies your risk better. For more ways of investing in both properties and other instruments, please see some of the books that I have read at Hope these helps and good luck. . Investing in Real Estates is as simple as it is complicated.

Investing in Real Estates is in its simplest form, similar to investing in anything else… stocks, gold etc…

The idea is always in trying to buy now hoping that prices will increase sometime in the future while making sure your returns from renting out that property (similar to collecting dividends in shares) makes you a significant yield.

Now, some characteristics of good value real estates that all real estate investors like myself look for are :

- Located in a state or area that has good potential of future growth. (example are states or places that are slated for some big time government development)

- Located in a preferable lot in that state or area. If it is a residential real estate, you will want to make sure it is a conducive area for living in and has convenient traffic in and out of. If it is a commercial real estate, you will want to make sure that it has a good human traffic and located in a central area.

- Selling at a significantly cheap price versus market price. There will always be someone throwing away good properties in good areas below market price. Find these properties and you will at least hedge yourself against any unexpected downturn in property prices and be able to make a higher profit when you sell it in future.

- Yielding a good rental. Yes, if the rental value is high, then you are likely to recover your initial capital faster. Reasonable yields that full time professionals like me look for are at least 8 to 10%. Calculate yield by taking the annual rental return and divide it by the value of the property. To find out how fast you can recover your initial outlay, you need to find out its Internal Rate of Return which is simply calculated by dividing the net annual rental return (monthly rental minus monthly mortgage installment) by your initial outlay. That will tell you how many years it will take for this property to be free. As a bottom line, you will want to make sure that the monthly rental at least covers your monthly mortgage payment.

If a property fulfills all of the above criteria, you would have assured yourself of a good monthly return and an eventual good profit on selling the property in future.

Another rule of thumb is that investing in many small units usually makes a much higher yield than putting all your money in one big unit and it diversifies your risk better.

For more ways of investing in both properties and other instruments, please see some of the books that I have read at

Hope these helps and good luck.

.

]]> Comment on Why property or real estate considered as an investment? by ctjedda http://thehomestargroup.com/blog/why-property-or-real-estate-considered-as-an-investment/comment-page-1/#comment-1075 ctjedda Thu, 25 Feb 2010 21:12:57 +0000 http://thehomestargroup.com/blog/why-property-or-real-estate-considered-as-an-investment/#comment-1075 Any area where the property values are increasing, multi-family houses with several apartments to rent are a good choice, especially near a college campus Any area where the property values are increasing, multi-family houses with several apartments to rent are a good choice, especially near a college campus

]]> Comment on What’s the purpose of a real estate property abstract? by Bibs http://thehomestargroup.com/blog/whats-the-purpose-of-a-real-estate-property-abstract/comment-page-1/#comment-764 Bibs Thu, 25 Feb 2010 09:29:49 +0000 http://thehomestargroup.com/blog/whats-the-purpose-of-a-real-estate-property-abstract/#comment-764 An abstract is a legal history of the property. It lists all encumbrences, easements, leins, judgments, mortgages, disputed boundaries, etc. When you bought the property, you received a title insurance policy. This policy protects you against any defects in the title. The insurance company reads the abstract before they insure you. I read one of these abstracts on one occasion. They are very interesting. Shortly after the American Revolution, Congress gave the Federal government the right of eminant domain to build a canal through my property..Of course, the advent of the railroad eliminated the need for the use of canals in most cases. An abstract is a legal history of the property. It lists all encumbrences, easements, leins, judgments, mortgages, disputed boundaries, etc. When you bought the property, you received a title insurance policy. This policy protects you against any defects in the title. The insurance company reads the abstract before they insure you. I read one of these abstracts on one occasion. They are very interesting. Shortly after the American Revolution, Congress gave the Federal government the right of eminant domain to build a canal through my property..Of course, the advent of the railroad eliminated the need for the use of canals in most cases.

]]> Comment on what are the top 10 property/real estate developers in the philippines? by jamesinna http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/comment-page-1/#comment-913 jamesinna Tue, 23 Feb 2010 11:19:33 +0000 http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/#comment-913 megaworld, cityland megaworld, cityland

]]> Comment on what are the top 10 property/real estate developers in the philippines? by Isang Kahig, Isang Tuka http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/comment-page-1/#comment-912 Isang Kahig, Isang Tuka Tue, 23 Feb 2010 03:16:30 +0000 http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/#comment-912 Ayala Land Robinsons Land Sta. Lucia Realty SM Prime Holdings Filinvest Land Incorporated Lanco Pacific Corporation that i think are the most famous Land/Real Estate developers Ayala Land
Robinsons Land
Sta. Lucia Realty
SM Prime Holdings
Filinvest Land Incorporated
Lanco Pacific Corporation

that i think are the most famous Land/Real Estate developers

]]> Comment on what are the top 10 property/real estate developers in the philippines? by ken_r41 http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/comment-page-1/#comment-911 ken_r41 Mon, 22 Feb 2010 15:43:13 +0000 http://thehomestargroup.com/blog/what-are-the-top-10-propertyreal-estate-developers-in-the-philippines/#comment-911 Ayalaland and Robinson Land Corp and SM Development Corp are three developers that come to mind Ayalaland and Robinson Land Corp and SM Development Corp are three developers that come to mind

]]>