Some Benefits to Investing in Real Estate in the Colder Months
Buying real estate during the winter months can provide some tremendous benefits for real estate investors. According Than Merrill – real estate investor and educator, “While summer and spring have earned the right as the most active time of the year for real estate investors, those that take advantage of the winter months could be in for a big surprise.”
One of the biggest advantages is that sellers who listed their properties during the summer months are often worn out by the time winter rolls around and their home is still listed. This puts investors in a great position to negotiate and strike a deal at the lowest price point. Here are some other advantages to investing in real estate during the winter.
Far Less Competition
Many people consider fall as the off-season for real estate. This leads to far less competition for investors during the winter months and narrows the field of motivated sellers that are working with multiple potential investors. For the most part, investing in real estate during the winter eliminates the hassle of bidding wars and clears the way for smoother negotiations.
Studies suggest that home prices usually rise around 3 percent on average each year and most of the gains occur during the spring and summer months. Studies also suggest that prices tend to fall during the winter months, which makes it easier for real estate investors to find properties at their lowest price points during the year. With more desperate sellers than there are buyers during the winter months, it only leads to one thing, even cheaper prices.
Bank Inventory and the Winter Months
Many successful real estate investors know that the winter months are a great time to buy investment properties from lending institutions. Lenders want to clear out their inventory of bank- owned properties by the end of the year. Banks are not in the business of selling properties, and they certainly do not want to spend the extra money it costs to hold foreclosed properties. For …
Singing cow-poke celebrities like Gene Autry made giant returns on their investments in real estate. Even in the 21st century, real estate continues to be the very best investment, especially for the long term. In the early days of television, Autry bought the KTLA TV station for $12 million. He sold it years later for over $240 million! Autry, or his sharp money manager, could see that at the very least, no investment in land can ever lose all its value. This is the only type of investment that this can still be said of. Every other type of stocks, bonds, and certainly technology investment is completely speculative in nature, compared to the value of land.
The problem for many investors nowadays, is the cost of real estate is so high as to preclude many from even one investment in a single dwelling. They just do not have the income to swing the mortgages on the kinds of real estate that the big-time pro real estate investors have access to. Until quite recently, investments in private companies or commercial real estate was only possible for an accredited investor – meaning the investor had over $1,000,000 in net worth.
This problem has been met with new ways of doing business, plugging into the “crowd sourced” online markets through crowdfunding the purchase of commercial businesses and real estate. The law that made the change that allows for this is called the Jumpstart Our Business Startups Act. In an economic environment where most investments return no more than a couple of percent, at most, commercial real estate returns often top an annual gain of 10 percent.
EquityMultiple is a crowdfunded investment platform for real estate. It is located in New York City and CEO Charles Clinton had this to say, “At a time when the stock market has been particularly volatile and where yield is hard to find because of low interest rates, the real estate is a sector where you can find relative stability and strong performance.”
Than Merrill, of FortuneBuilders – owner of a real estate investment education company – …
When it comes to education, it is very important to invest the most in your students. Budgets are very tight in a lot of school districts these days and schools are trying to cut down on costs, but not compromise their student’s education. Having a proper environment that is conducive to learning is very important as well. Both the school administrators and students need to feel that they are in a place where they can both teach and learn. We have tips for you on ways to cut costs in certain areas and invest more in others.
Cafeteria Foam Products
This may come as a surprise to you, but by switching the type of tray you use in the cafeteria can save a school up to millions of dollars a year. Recently in cities like Miami there has been a Miami foam ban, which has eliminated the usage of foam from the area. This foam ban is spreading to other cities in Florida as well, which is only going to increase costs for school districts. One way for schools to save money is by investing in foam trays rather than eliminating them. Alternatives to foam trays, such as compostable trays, are very costly and can lead a school to spend a lot more money than anticipated.
Don’t Skimp on Teaching Materials
When it comes to equipment needed to do the job, always provide proper school supplies. Teachers need certain supplies to do their job efficiently and students need certain supplies to participate in a classroom. Whether your school is filled with whiteboards or chalkboards always have the proper writing materials available to create an organized environment. Tissues, paper to print, and pens are all staples in a classroom, which will go a long way! You don’t want your teachers to resent the school for not providing necessary materials for learning.
Author Frederick M. Hess, has a book called Stretching the School Dollar: How Schools and Districts Can Save Money While Serving Students Best. This book has in depth details on how to cut costs in areas where it …