Archives for: November 2008, 10
Claremont Real Estate Appreciation Rate - An Example
November 10th, 2008Here's another Claremont property that was submitted by a user that we will use as a teaching tool for our New Hampshire Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 186 Sullivan St, Claremont, NH 03743.
In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.
| Years From Now | Value |
| Assumed Appreciation Rate: 6.8% | |
| At Purchase | $65,148 |
| Year 1 | $69,578 |
| Year 2 | $74,309 |
| Year 3 | $79,362 |
| Year 4 | $84,759 |
| Year 5 | $90,523 |
| Year 6 | $96,678 |
| Year 7 | $103,252 |
| Year 8 | $110,273 |
| Year 9 | $117,772 |
As you can see from the table above, if we assume an appreciation rate of 6.8% per year, then the property value eventually reaches $117,772 after 10 years.
Are you ready to get really serious about investing in real estate in New Hampshire? Consider this: the properties that you buy today will create your fortune for not only your retirement, but for future generations as well. If you want a good overview of how to go about building your own real estate empire, then check out Jassen's CD: Buy, Rent, Hold, & Get Rich In Real Estate. Isn't it time to take action?
Until my next post,
James
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Managing Your Rentals - Charging Prorated Rent
November 10th, 2008In the course of occupying your rental properties, you will undoubtedly have many tenants that will move in sometime during the month and not on the 1st of the month. This, of course is a good thing because you want to get your units occupied as soon as possible. Much better to have a qualified tenant move in on the 20th of the month than have them wait until the 1st of the next month. But how do you deal with the prorated rent for this initial, partial month?
The formula for calculating prorated rent is quite simple.
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
7 Steps to Setting and Achieving Goals and Deal Analysis
November 10th, 2008This week we are giving away a new free real estate course download on the Learn To Be Rich™ Game.
7 Steps to Setting and Achieving Goals and Deal Analysis is one of the Real Estate Mentor Calls series. It is Volume #5 in the series.
Just start and finish a game this week on Learn To Be Rich™ and on the game summary page, there will appear a link to download the entire course. The link disappears on Sunday at midnight, so download it immediately.
Until my next post,
James
P.S. If you miss the time to download it, or you'd rather just buy it on audio CD rather than play an entire game start to finish this week to earn it, you can also order it using the link below.
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
