Archive for December, 2010
9 Hottest Real Estate Small Business Franchise Opportunities
If you’ve been paying attention to current US housing trends you could very well be asking why on earth anyone would want to get into real estate at this point in the game. With interest rates rising to the clouds astronomical selling prices and rent everywhere being cheaper than a mortgage anywhere there really isn’t much reason to try and cash in on real estate right now.
That was the shortest article ever right? Not really. Let’s expand our current notion of real estate. Granted trying to weasel into a decrepit buying and selling market isn’t the brightest idea ever but there are other aspects to real estate that even in current trends could prove profitable for anyone willing to give them a fighting chance. Three subcategories come to mind and all provide small business opportunity: home inspection home maintenance and property management.
Home Inspection
By far the largest and most inclusive of the subcategories home inspection covers more real estate businesses than you can shake a clipboard at and their value for both owner and client is nearly immeasurable. It may seem reasonable to assume that when the housing market suffers so does the market for home inspectors but that interestingly enough is not the case. Completely to the contrary actually the downturn in real estate is in many ways a blessing to the inspection industry because as independent homebuyers realtors and lenders become increasingly choosy about the homes in which they invest their inflated money the need for an excellent inspector increases dramatically. If you’ve ever seen the old Tom Hanks movie The Money Pit you understand what I mean.
There are six home inspection franchises that we would strongly recommend looking into if this avenue seems right for you. Realistically they all have the same goals: deliver the best possible training and support to the franchisee always provide exceptional inspections to clients and become top dog in the industry. Still some of them excel in specific areas.
For instance HomeTeam Inspection Service brings an interesting twist to the work running a business model thatinstead of being based on the work of a sole inspector eyeing over a homeuses in a small team of inspectors that work sidebyside to sort through every aspect of the home in finer detail. It lightens the load on the individual inspector and builds the trust of all parties involved in the sale. Another small business franchise in the sector APro Home Inspection works its magic in the realm of marketing providing every franchisee the rewards of having a corporatesized central marketing team without having to develop it. If specific skills don’t interest you though and you just want the franchise the pros would use take a look at Pillar to Post the home inspection franchise ranked 1 by Entrepreneur Magazine six years running.
Even if you’ve effectively made your choice don’t miss the other opportunities in this submarket as well. National Property Inspections HouseMaster Home Inspection and InspectIt 1st are all gradeA real estate franchises well worth your time and consideration.
Home Maintenance
There may only be one business for sale in this group but that only means that it makes your choice easier. Whether you want to swing the hammer yourself or hire on others to do the groundwork for you HomeTask.com Handyman Service can teach you how to make that business happen and give you the resources to pull it off. Jobs come in through the franchisor and you can take or leave them as you choose. Grow the business as large or leave it as small as you like and take vacations at will. Regardless of what you choose the work will inevitably be there for you because though home sales has become a tricky business there is never a lack of people who already own are buying or are selling a home who need to have it maintained fixed or renovated. Realtors may lose business at times but handymen always have it.
Property Management
And here’s the kicker part of the reason that our current housing market is doing so poorly is that home prices and interest rates have risen so drastically that it actually costs more both peryear and in the long run to own a home than it is to rent one of the same size and quality. Aside from pulling the bottom out of property sales this reality has made property renting a big business because everyone and their mother is renting. And with too many owners of rental properties living far from their land and dealing through the internet the need for responsible men and women to handle rentals and deal with renters is great.
If you have a knack for real estate a natural charm in dealing with owners and renters and the responsibility to handle multipleeven dozensof properties and all the technicalities that come along with them then consider this growing industry one for you. Whether you go with Property Management Inc or Real Property Management both great management business opportunities that have already attained national recognition for the skills of both franchisors and franchisees there is plenty of room to climb the ladder of success.
Truth be told the real estate industry is not in good shape these days and there’s no getting around that. Like all things though it works on a cycle: after it goes up it comes down and after it comes down it goes back up. Regardless of what turn it’s on at any given time and how long it takes to sway the other way there are certainly sectors of the industry that retain some degree of constancy despite the sways of the pendulum. These are them so don’t be afraid to give them a go if real estate in some fashion is where you really want to be.
About the writer: Looking to stop the repossession of the house we are here to help you for more details visit us at ” target=”_blank”>www.croftpropertyholdings.co.uk”>
You Need A Fast House Sale? If So Then Read On
There may be many reasons that may require rapid access to the sale of your home. However your options for selling quickly rather limited. You can try through the Declaration on the sale of the property yourself or you can leave in the hands of the sale of the estate agent. None of these options usually provide anything but a quick sale. You can be on the market for several months even if thats selling at all. And of course would have had to pay fees to your home on the market with estate agent and this does not come cheap.
Another option could be to ensure the rapid sale of the house and through research on the Internet with a company specialized in offers to buy your home in cash and the provision of the sale which could only take two weeks or less. With such a company may apply to the Internet using the form provided and after his release from a few details we will get back to you a quote for how we will pay for your home. If you’re happy with the agreement and we also will be the value of your home then a written quotation. Is it possible then to be selling access to the money in hand from the sale which allows you access to your life.
One of the many conditions that may be able to take advantage of the quick sale if you are going through a divorce. Divorce is very stressful and life changing to deal with the matter especially if you have to sell the family home because of the presence of the division of the sale proceeds between the partners. If this is the case in matters that could be easier if you can sell the property quickly and then proceeded to rebuild your life. But when sales in this way if one wants to remain a partner in the property can choose to consider the sale and lease option that would allow you to sell then rentback.
You might also need to sell your house quickly if you want to migrate and leave the cash in your pocket from the sale of the things that does not mean after you return home to tie it. Through the sale of the company that provides a quick sale you will not be a concern for the payment of your home on the market with estate agent after standing for several months. I knew within 24 hours if it was a suitable option for you to take.
You can also take a quick sale in this way if you want to get your hands on a large sum of money and does not want to get a loan or you were not able to get one. You can choose to sell your home quickly for the Liberation of the stock in hand and the payment of monthly rent that would allow you to stay in the leased property with an option to be able to buy in the future.
About the writer: Goa properties
Why Floating Interest Rate Can Be A Better Choice Now?
The days of long term fixed interest rate mortgage are virtually a thing of the past. We expect the rate of adjustable floating rate mortgage to be reviewed at least on halfyearly or even quarterly basis during this period of economy crisis.
However while the global economy looks gloomy the adjustment of rate is normally in the investors’ favour. We expect the rate to be adjusted gradually to a lower lever in the following years as a measure to boost national economy.
In fact when there is an interest rate hike real estate investors should be happy about it because it means the economy is doing well and the government is concerned about inflation. Inflation is a friend of real estate investors when the price of everything is rising so are your rental income and property value!
At this age of volatility we see most banks still do not dare to offer more fixed rate mortgage loans but in the near future some banks are expected to aggressively promote more fixed rate packages. Reason being very simple: They want to lock the borrowers with higher rate now before the interest rate falls any further.
As a real estate investor you should monitor the trend closely in order to benefit most from the trend. Our suggestion is: To take the lowest floating rate package now with minimum lockin period 24 years and to refinance to fixed rate package when the interest rate starts to bounce again in future.
Read more about real estate investment tips at http://reijb.com
We write regularly about real estate investment. Some of our featured articles include:
“How to estimate the value of a property?
“Why apartment can be the best real estate investment?
“How important is location to an investment real estate?
About the writer:nbsp;nbsp;Coming from a humble little town called Tangkak in north Johor state of Malaysia OngKL has chances to learn and work both in Johor Bahru and Singapore a conurbation with 6.49 million still fast growing population since year 1996. He is now having a chance to contribute back to the community by sharing what he sees what he knows and what he learns in this wonderful place.http://reijb.com
