The Road to Becoming a Successful Real Estate Developer

Nicole Rubin of  insureabilities.com. 

Real estate developers have always been an essential part of the commercial real estate industry. They are not only responsible for developing various projects and making them commercially viable but ensuring that all aspects of the project are completed on time and within budget. 

That’s a tall order and requires them to wear a lot of hats simultaneously! Becoming a commercial real estate developer requires a lot of time and effort.
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The Ultimate Investor Endgame

By Marc Halpern, Part Time Investors LLC

October 5, 2022

© 2022 Part Time Investors LLC. All Rights Reserved.

Okay, you’re a successful real estate investor. Now what?

You worked hard and you worked smart. Over the years, you successfully accumulated a nice portfolio of single-family home rentals and/or small multi’s that now generate more than enough positive cash flow to cover your routine household expenses plus a cushion. At the same time, your net worth grew, passing 7 figures as your property values appreciated and your tenants paid down your mortgages.<
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Your Short-Term Rentals Can Generate 6x Gains 

by David Pickron

Rarely in life can the quick version of anything ever compete with the more time intensive “real deal.”  Think of any instant food and you will quickly realize that I’m telling the truth.  The same had held true for real estate investments for at least the last century… but times, they are a changin’.  As you look at your portfolio it may be time to consider transitioning some of your long-term holdings into short-term rentals, and here is why; short-term rentals can generate up to six times the amount of revenue as a long-term hold.  My average long-term hold properties cash flow at around $200 per month; my short-term rentals cash flow just over $1200 per month. Does that get your attention? 

As you consider transitioning from long-term to short-term rentals, you should examine the following factors to help ensure that the changeover is successful: location, needs, and saturation. 

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Image credit: freepik | Source: https://www.freepik.com/free-photo/house-with-sold-yard-sign_25625079.htm

When you consider all the things you need to know about flipping houses—be as prepared as possible. If you want a chance at success in this type of real estate investing, do plenty of research about the processes, the market, and the industry–especially when you are flipping a house for the first time.

We discussed in our blog post on investing in properties that real estate businesses require you to be financially capable and knowledgeable about the ins and outs of the industry. You may also need help in understanding how to manage and successfully rent or sell your property, especially when you're looking to flip homes. To expand your knowledge, you can consult business experts or study books related to real estate businesses to keep yourself updated. In addition, you can join educational or  Read More...

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Investing in real estate can be a profitable way to grow your wealth, but it isn’t without its challenges. The guide below from South Jersey Real Estate Investors Association will answer your questions about investing in real estate as a beginner.

The Perfect Investment Property
Investing in real estate can be a great way to earn passive income; however, not all properties are created equal. Ideally, you’ll want to look for properties that generate positive cash flow — so you can cover your mortgage payments with your rental income alone.

F
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A Guide to Moving and Starting a Business

Moving into your new home and starting your own business can be very stressful, but there are ways to make the transition easier for you and everyone around you. Whether you’re moving across town or across the country, it’s crucial to get all the logistics of your move taken care of before you start a business in your new home office. Here are some helpful tips to make this transition as smooth as possible.

South Jersey Real Estate Investors Association offers real estate professionals and investors webinars and events to build their knowledge. Become a member!

Launching a Home-Based Business

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Use Design To Increase Investment Property Value and Attract Tenants

Renting is on the rise in the U.S., which means landlords are in the perfect position to find new tenants. According to research, rented homes made up 34.7% of the market in 2020. Of course, other property owners are taking advantage of these higher numbers, which means your house needs to stand out. Fortunately, you can attract renters with the right design choices. Here are a few tips that can help make your property attractive to would-be renters.

Beautify the Outdoor Sp
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Renovating Your Older Forever Home

Maybe that old home you just bought isn’t quite as perfect as you would like, which isn’t surprising or unusual. From serious issues to more aesthetic problems, there are a whole host of fixes for older dream homes. It can be a bit stressful to figure out which repairs and projects to focus on first, and that’s why having this resource list brought to you by the professionals at the South Jersey Real Estate Investors Association can help you get started.

Start By Addressing Structural and Safety Issues

Some updates may not be urgent, but when it comes to problems that pose a risk to your safety or your home’s structure, repairs simply can’t wait.

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When deciding to build a home, accessibility is not often the top must-have feature that comes to mind. However, accessible homes are not only aesthetically pleasing to the eye but also functional too. Therefore, if you are planning on building an accessible home, what are tips on how to go about it.

What is an accessible home?

If you're new to the concept or, conversely, have your heart set on building an accessible home, it might be helpful to first define what an accessible home is. Simply put, a home with easy accessibility is a home that is designed with simplicity in mind. Moreover, a home with easy accessibility makes moving in, through, and around the property easy to do.

Benefits of building an accessible home

Accessible homes are growing in Read More...

This month, SJREIA has added not one, but two bonus learning opportunities to the calendar! 

First up, join us on Wednesday, March 17th for a FREE webinar featuring National REIA speaker, David Pickron. If you are an active or aspiring landlord, this event is for you. 

It's a crazy time to be a landlord! Local, State and Federal regulations are restricting landlord access to the background history of potential tenants. 

At this webinar Speaker David Pickron will talk about how landlords can adjust their tenant qualification process during these challenging times to find THE BEST TENANTS possible!

David will be teaching attendees: 

1. How to create and use rental criteria to protect yourself and your inv
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