How to Research and Purchase a Good Investment Property

Written by Elaine VonCannon


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Are you paying cash for your investment property? If not a mortgage will have to be paid. Have your REALTOR determine if rent and applicable fees will coverrepparttar mortgage, property management and maintenance. Consider property management if you do invest in property. Research fees and services provided by different property management companies, or ask your REALTOR if they provide this service, because many do. If you do not want to collect rents and contract repairs, find a property manager withrepparttar 104777 skills to negotiate, be your intermediary, and facilitate business in your absence. For investors who rehabilitate and sell buildings at a profit, a decent turnaround is 60-90 days fromrepparttar 104778 time of purchase torepparttar 104779 timerepparttar 104780 property is put back onrepparttar 104781 market. Three to four contractors should be researched and they should provide written bids with time estimates on their projects. Document Fund Availability with Your Offer Once you find that dream investment property, don’t forget that offers need to be accompanied by your financial institution’s statement of fund availability or a lender’s approval letter. This will help make certain your offer will be accepted over other offers that may not come with appropriate paperwork. There are still plenty of great deals on investment properties in this real estate market, and there are some less than desirable properties as well. Do your research. Or, hire a professional who will do it correctly for you. With proper planning and decision making, your real estate investment should be a profitable and worthwhile endeavor.



Elaine VonCannon is a REALTOR with RE/Max Capital in Williamsburg, Virginia, and she manages investment property as part of her business. Her husband Joe is a contractor who collaborates with her on rehabilitation of properties. She has helped numerous clients invest in and make money on property investments in Southeastern Virginia.


Know What Matters Most About PR?

Written by Robert A. Kelly


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Whoever doesrepparttar perception monitoring work should stay alert for negativities, especially attitudes and voice levels. Watch carefully for untruths, misconceptions, inaccuracies or rumors.

Once gathered, these data will formrepparttar 104776 basis of your public relations goal. Sometimes,repparttar 104777 goal is extremely sensitive and specific. Other times, it can be as straightforward as “clarify that misconception, correct that inaccuracy or stifle that rumor.”

Since a goal without a strategy is like a pizza without a beer, you may choose from three strategies usually applied to a perception or opinion problem. Create perception where there isn’t any, change existing opinion, or reinforce it. Always see to it thatrepparttar 104778 strategy you select is an obvious and natural fit with your new public relations goal.

A burning need for writing ability surfaces here because you must prepare a really effective message if you are going to alter any negative perceptions among members of your target audience. Your PR team should be able to handle this assignment just fine, in particularrepparttar 104779 need for persuasiveness and a compelling writing style. It must be clearly written with excellent factual support if your message is to be believable and result inrepparttar 104780 altered perception you desire.

Message delivery, fortunately, is a simple matter as you select from amongrepparttar 104781 long list of communiucations tactics available to you. You may choose media interviews, speeches or group briefings, or from among newsletters, emails or brochures. Just be certainrepparttar 104782 tactics you pick can prove they actually reach people like those in your target audience.

The question of whether progress is being made will surface rather quickly so prepare asap to again interact with, and question members of your target audience. Only this time, you’ll be alert for indications thatrepparttar 104783 negativities have been dealt with and that target audience perception is moving in your direction.

Should you feelrepparttar 104784 need to accelerate matters, you can always add a few new communications tactics, and increase their frequencies.

It seems safe to say right here that what matters most about public relations is your survival as a manager who uses PR to help reach his or her objectives. Which is precisely why PR demands of you a sharper focus onrepparttar 104785 very groups of people who play a major role in just HOW successful a manager you will be – your key external audiences.

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Bob Kelly counsels, writes and speaks to managers about using the fundamental premise of public relations to achieve their operating objectives. He has been DPR, Pepsi-Cola Co.; AGM-PR, Texaco Inc.; VP-PR, Olin Corp.; VP-PR, Newport News Shipbuilding & Drydock Co.; director of communications, U.S. Department of the Interior, and deputy assistant press secretary, The White House. mailto:bobkelly@TNI.net Visit:http://www.prcommentary.com




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