Los Angeles Investment Property: Three Ways to Buy Foreclosures


Real estate entrepreneurs or investors know that there is a way for you to get into the business without investing in a lot of money. This best kept secret that is said to be lucrative once you know how is known as the purchasing or acquiring foreclosures. There are ways on how to go about this especially when you are interested in Los Angeles investment property foreclosures. It basically depends on the particular time when you would like to enter into it. Each method has its own merits and success will also depend on your knowledge level or expertise in the real estate business.

1. Purchasing BEFORE a foreclosure auction When you plan to buy a Los Angeles investment property foreclosure and would not want to compete with the more experienced people in the business, it is better to do it during this time. Competition is lesser, and there may even be times that you will have nobody to compete with. A short sale is done when you buy the property even before the foreclosure auction. However, it is also here that profit is minimal since it will depend on the amount that the bank is willing to negotiate. Though competition is lesser, it takes much of your time and effort in order to close the deal. It can also be the most emotional for the property owner or homeowner since they may have the misconception that since it is a transaction before the foreclosure auction, there is still a possibility that they can keep their homes. If you are not the type of person who can squarely face an emotional homeowner after the deal is closed and tell them that they cannot have their property back, then do not go into this method.

2. Purchasing DURING a foreclosure auction The word is already out that the Los Angeles investment property you are interested in is up for grabs. This means that you have to brace yourself for you will definitely encounter tough competition. Competitors will include those who are new in the business and would like to try their hand in buying foreclosures. Banks will also give you a hard time since they would naturally want to acquire or get their properties back. Aside from too much competition, the problem with this method is that you may not have the option to inspect the properties prior to closing the deal. So, you would not really know if you’re going to get a handsome profit for your purchase or if repairs on the property will reduce your profits. Those who are new in the business better stay clear of this method since it may not turn out to be profitable at all.

3. Purchasing AFTER a foreclosure auction This is when the bank was able to buy back the foreclosed property. The property is now termed as REO or Real Estate Owned. This is the method where you have a higher possibility to acquire the Los Angeles investment property that …

The importance of managerial accounting in the workplace


Managerial accounting is concerned with the use of economic and financial information to plan and control many activities of an entity and to support the management decision course. Management accountants play important roles more specifically in planning & coordination with production, marketing and financial functions. A subset of the managerial accounting profession is cost accounting which relates to the determination and accumulation of products, processes, or service costs. Management and cost accountants are focused on the internal aspects of a business to keep it efficiently running and profitable.

Managerial and cost accountants use a lot of the same data used by financial accountants. The difference lies in the fact that the data used for managerial accounting is more likely to be used for a future orientated purpose whereas the financial accounting process is showing what has already taken place. Examples of future orientated planning are budgets, benchmarking, and profit projecting. This also means that managerial accountants can take a more proactive approach when it comes to tackling business and economic troubles that can and due arise for many companies.

Planning is a key part of the management process and although there are many descriptions of that process, a generally accepted definition would include reference to the process of planning, organizing and controlling businesses’ activities so that the organization can achieve its desired outcomes. Being able to anticipate what revenues will be and forecasting the expenses that will be incurred to achieve those revenues are critical activities in the budgeting process. That ability is crucial to many aspects of a company and allows employees’ to make more educated business decisions.

The internal orientation that management accountants have to their companies differs from the predominantly external orientation of financial accounting. Financial accounting is more externally important to such people as investors and shareholders. Management accountants work hand and hand with other internal departments such as merchandising, accounting, marketing, web and more. An example of this would be a managerial accountant working with a merchandiser to figure out how many units of a garment they can purchase in the next year and still have a good profit margin.

The benefit of management accounting is that it is not constrained by generally accepted accounting principles, which means that approximate results can be generated quickly for decision-making activities.  Which means while accuracy is valued in the data, relevance is more important for managerial accounting reporting. This is also helpful because it allows the managerial accountant to adapt to different economic climates, business strategies and departments changing needs.

In order to become a managerial accounting professional a bachelor’s degree with a major in accounting is usually a requirement.  A management accountant should possess great analytic and people skills since they will be dealing with many different people and departments in a professional role. A management accountant may also become a Certified Management Accountant (CMA) by passing a respective board four-part test. The CMA examination is given in a computer-based format using objective questions only. In addition …

Article Marketing Management – The Winning Article Marketing Management Strategy

If you are reading this, then you must either be an article marketer or you want to be one. Whether you are a beginning article marketer or an expert you need a great article marketing management system. Without managing your articles you will not know where your visitors are coming from and what is making you money. Read on to discover the top article marketing management system.

The first thing you need to do is start testing different resource boxes. This can be done with one single article or with multiple articles. Basically you want to create 4 different versions of the resource box for the same article. Then, you need to submit the article to four different article directories, each with different resource boxes. Wait about a week and check to see how many clicks you had on each resource box.

Make sure you break it down into a percentage of clicks compared to views since you will get more clicks from better article directories than others. After you have done this you can go ahead and change all of your articles to the best resource box you have. This will give you the best chance to get the most clicks from your articles. This tip alone can triple your clicks.

The second thing you need is a tracking system. Your tracking system needs to keep track of views, clicks, sales, and list sign ups. This will give you a good idea of ​​how your articles are performing and you can figure out which articles are your best and continue to use the strategy that you used for them.

Article marketing is always a learning process and you need to continually be learning from your own articles. With this type of article marketing management you will be able to keep on top of your performance and know what is going on with your articles. …

Do Yard Sweepers Work?

When people first see that lawn sweepers are available the first question they ask is whether or not yard sweepers work. Of course there are varying degrees of what people consider to be an acceptable job, but the basic fact is that yard sweepers work very well. The only real task that lawn sweepers perform is to pick up loose items from your lawn without damaging the grass.

There is a very easy way to tell if a grass sweeper would work for your personal lawn. If you currently mow your lawn with a push lawn mower then you will most likely be looking into purchasing a push lawn sweeper. If you have a large lawn and use a riding lawn mower then a tow behind yard sweeper will probably be the right tool for you. These tow behind sweepers easily attach to most riding lawn mowers. In order to tell where the lawn sweeper will work you simply have to look at your yard after you have mowed. Where is the grass cut? Are there any areas that you have to use a weed whacker or manual trimmer in order to get the lawn nicely trimmed? These are the areas that a yard sweeper will have trouble picking up the leaves. Areas near the house, or near the sidewalk, or near the fence will often be trouble areas for your grass sweeper.

If you are wondering how effective these tools are with regard to the actual picking up of leaves, I can say with all confidence that they are very effective. You must take note of how flat and smooth your lawn is. Again, if your lawn mower has trouble cutting the grass your sweeper will have trouble picking up the leaves. As long as you have a relatively flat lawn with no severe elevation changes the yard sweeper will be a terrific tool.

One of the biggest advantages of using yard sweepers is the light weight of the machine. You will find it easier to push than almost any lawn mower out there. They are also completely mechanical, and require no fuel to operate. The benefits of this are evident in both fuel costs, and in the maintenance that many gas powered lawn tools require.

When used for it’s intended purpose, this lawn tool is a very effective tool. It is not a magic pill that will take away all of your yard work, but it will save you a tremendous amount of time.…

Real Estate Accounting: an Important Business Aspect That Your Business Needs

Your business is what defines your achievements in a professional way. Since accounting is one of the vital aspects of any business organization, it pays to pay attention to it. Therefore, keeping track of any financial transaction is very important, since minute details have to be attended so that the final statement is flawless one. An alert staff which tends to have an eye for detail increases the efficiency of the accounting department in general. Real estate accounting similarly, needs an expertise which is quite capable of handling the accounting projects is a proper way. The accounting department has to follow certain strategies for the maintenance of a proper business setup. In the end, the results show for themselves, as the tasks are handled by the excellent accountants themselves.

Since innumerable accounting deals and bookkeeping records have to be maintained in the area of real estate, one should go for the able personnel only. Real estate accounting being a tedious job needs the qualifications of an accountant who simplifies complex financial details to be understood by the client companies. Strategies and principles are same as of any other business firm where accounting records are maintained along with the yearly financial transactions. In real estate accounting, a thorough track of the balance sheets, the ledger books, credited and debited transactions and other financial details are attended to. A painstaking study of the financial details is done by the accounting experts and these are properly stored for the future use in the accounting processes. The authenticity of the financial records is maintained by the accountants, including details related to utilities, maintenance and management of your business.

A commitment to make the client reach his business objectives in a systematic way is what these accountants are adept at. Since the job is somewhat complex in nature, it requires an undisturbed focus and commitment so that the projects are finished with accuracy. The importance of occupancy cost is very important in the real estate accounting process for an accurate measurement and management of the processes involved. A profit curve attained in this way is the result of paying attention to these important details and helps to further boost the business. The losses are successfully curbed by these measures as a number of methodologies are utilized for proper functioning of the accounting department. Accounting software has been introduced in real estate for this purpose where a number of keys are used for the number crunching processes.

In the accounting processes, capital costs, property taxes, insurance and depreciation charges are basically the costs for providing the assets. Real estate accounting thus involves thus a lot of expertise to handle your business accounts. As this aspect is very important for estate business only experienced personnel who are apt for handling the accounting projects should be contacted. Contact those clients which have been handled by the accounting professional while working on their projects previously. The real estate accounting software is an efficient way to handle your business accounts. …

Food Dehydrator Buying Tips and Uses

How do you buy a food dehydrator? What are watts on a food dehydrator? More importantly, why own a food dehydrator? Well in this article you'll learn a little more about all 3 questions and why they are important and why you should consider owning a food dehydrator.

When looking to select a food dehydrator do not over spend and never buy a enormous food dehydrator unit if you are not going to use it. Buy the size you need most of the time people buy a food dehydrator that is either too cheap or too expensive and both can be equally as bad. If you buy a really expensive food dehydrator thinking its going to be the best it may not suit your needs. Or if you buy one too cheap thinking its more economical it may not have enough power to do what you want or even dry the food all the way.

A food dehydrators power is measured in wattage and you can think of this much like a light bulb. If you have a 100 watt light bulb that is bright right? However how bright would a 100 watt bulb be in a 2000 sq foot area? It'd still be bright but would not fill the whole area. So if you buy a food dehydrator with a 20 tray capacity and you use all 20 trays and fill them up and you have 500 watts of power it may not dry it all the way through. Rather you should focus on smaller batches of maybe 8-10 trays total dehydrating at the same time. My favorite type of food dehydrator is probably a 1000 watt dehydrator that can be expanded up to 20 trays. Again I'd never use all 20 trays at once for the fact it does not dehydrate as well. On the opposite end of the spectrum if you buy a 1000 watt food dehydrator and you only use 2 trays in it it might over dehydrate and that you do not want either. If ever in doubt shoot for 1000 watts and 10 trays to keep it at a happy medium.

Avoid mixing too many different kinds of items in the same batch of a food dehydrator. If you have to many different things that dehydrate at different levels you can end up with some items over dehydrated and some under and having under dehydrated food leaves the chance the food could develop bacteria which could give you on afternoon in the bathroom. So owning a food dehydrator and having the right one is as important as using the food dehydrator correctly.

If you are questioning why you should even own a food dehydrator here are a few reasons to ponder. If you like to buy dried fruits or meats you know they can be expensive. However drying them and dehydrating them yourself can save quite a bit of money and that alone will quickly pay for the $ 60- $ 100 you could …

When Purchasing New Toys Consider Safety As A Primary Factor

Children love to unwrap their presents it is an exiting moment to receive this new toy and at that time beware of an important factor. Never let a child unwrap a package unsupervised! Discard all packaging components immediately such as plastic bags, wraps, plastic ties, staples, or any other packaging attachments. These attachments are dangerous for a child if small pieces are swallowed a child could choke or even suffocate on the plastic wrapping.

Check all safety instructions, especially for flame resistance. All toys, in particular plush toy stuffed animals or any other soft toy must not come in contact or be near any heat sources, they could catch fire.

Always supervise your child at play and teach them how to use the new toy safely. In addition, always check a toy for any other hazards there could be sharp edges, or loose parts with nails or staples protruding. Always keep toys in good repair or discard them.

We all know that children have the tendency to put most things into their mouth, which is a very natural action to children as it is part of their learning process to learn to encounter their sense. Therefore, always be very cautious with small toys, beads, rattles or any small object, they represent a choking hazard.

Many hazardous components can come with some toys and caution is advisable. A toy car has many movable parts make sure they will not injure your child. Dolls, stuffed teddy bears, or plush toy stuffed animals have attachments like eyes, noses and other mountings; make sure they are fastened securely.

Children are very precious keeping them unharmed is key! …

California Home Investing

All over the country, investors are seeking out good markets for their real estate dollars. It can be a difficult choice as there are definitely a few desirable markets out there. The more popular vacation destinations in the U.S. are always thriving and do not seem to be as affected by fluctuations in the real estate market. California has always been a market that has been a safe bet for investors. The fantastic climate, wealth of recreational and entertainment options have made it an ideal investment area, especially when looking for a vacation home.

California has some great communities for the investor to consider. But we would be remiss not to mention the communities at Thunderbird Country Club. As California’s oldest desert golf course, Thunderbird is comprised of several communities woven about the scenic desert links. This is truly a magnificent place to live or to keep as a retreat from the hectic pace of everyday life. Living in a golf course or country club community is vastly different from the average home or community. Imagine waking up every day and seeing the freshly tended greens and lush fairways, knowing that you have a morning tee-time that will take you throughout the community in which you live. Sounds nice doesn’t it?

Each of the communities that make up the Thunderbird Country Club has it’s own distinct take of Country Club living. Whether you’re looking for a property with a view of the club greens, or a private estate at the edge of the desert, Thunderbird has a residential area to suit you. First developed in the 1950s and 60s, Thunderbird communities are a throwback to the golden age of mid-20th century architecture. Vintage Thunderbird homes are notable for their use of clean lines, glass, and spaces blending indoors and outdoors, in an elegantly informal style known as Desert Modernism. Thunderbird real estate, like Palm Springs just to the north, is renowned for its historic architecture and attractive community layouts. New home construction in recent years has added a stylish touch of modernity and opened up the area to more buyers.…

Marketing Measurement

It’s a business irony that Direct Response marketing has the most unlikely ally-The CFO/CPA! How’s that?

Direct Response = Measurable Tangible Results

One of the key principals of direct response marketing is that it’s measurable. Just like the Key Performance Indicators so beloved by the CFO and CPAs of the business world, direct response marketing produces measurable results.

Direct response marketing is selling in print and in every other type of media you can think of. At the end of the business day, week, month, quarter or year, the sales numbers are calculated to the penny. In fact, the sale’s staffers are the only employees whose performance is not based on any subjective or convoluted formula for performance. They’re rated on results.

“How much did you sell today?” That objective number is now held up to the measuring stick of the sales quota. Are today’s sales under, at or over the quota? Each person on the sale’s staff tasked with driving revenue answers to the hard set of numbers he or she has generated. If only every Key Performance Indicator in a business was so easy to determine and interpret.

Measure your marketing as accurately as your sales staff

There are a lot of business people who are marketing their products and services with no real picture of how effective any or all of the campaigns are. Some stuff works, some stuff doesn’t and you end up like PT Barnum who once said, “I know half of the advertising on my circus is wasted, but I can never figure out what half.” The key to knowing what’s working and what needs to be tested and fixed is being able to measure the results of your marketing.

First, your best and most accurate measure is the results-the sales generated by any campaign you undertake. It’s not that the interim measurements of a marketing campaign are not important, but those are not figures you can take to the bank. Dollars, the numbers that keep you in business and determine the quality of your business life.

Some basic examples of interim numbers in a direct marketing campaign are:

· Traffic driven to your web site

· Response percentage on all ads

· Number of quality leads

· The number of sales appointments

All those numbers have their place in your marketing planning and evaluation (lessons for another day). The number you want is the Return on Investment of every marketing campaign you undertake. Again, you have to separate each campaign and set up a system to track the results (another tip for another day). Now, to keep things simple there’s no goal to take a loss at this time. Here’s the basic math:

A. Total cost to run the campaign

B. Total dollars in sales that campaign generates

Now the Measures

1. If A is greater that B that campaign lost money. Stop it. Fix it.

2. If B is greater than A. Great, keep going as long as it’s making money.

3. …

Filing Homestead Exemption in Houston Texas

So, you just bought a new home in Houston, Texas. Or, you are thinking about moving to the Lone Star State and buying some Houston real estate, but you just have not made it to paradise yet. Well, here is some information that will save you money if you’re a proud homeowner here. If you have not saddled your horse and headed to Houston yet, this information might get you to Texas a bit quicker.

First of all, we Texans don’t believe in a state income tax. Yep, we don’t have that critter in these parts. If you live and work here in Houston, you won’t pay one red cent of income tax to the state.

Secondly, for you non-Texans, or, for those who got here as quick as you could, Texas is a “homestead” state. This allows homeowners of Houston real estate to file a homestead exemption with the county they reside in. As a result, the homeowner receives a significant reduction in their annual property taxes from the county government and the appropriate school district. This can save the homeowner a bunch of money over the years.

For example, if you live in Harris County, in and around the Houston area, the homestead exemption gives you a 20% reduction off the assessed value of your home. Remember, we are talking about the home that is your primary residence. The school district, say Houston Independent School District, gives you a $15,000 reduction off the assessed value of your home.

Let’s look at the numbers for county taxes. If you home is assessed at $100,000 (simple math works best for me) and the county tax is .39 cents per hundred of assessed value, then your annual county taxes are $390.00. With a 20% reduction in value, your annual county tax reduces to $312.00. That was easy enough.

Now, your Houston ISD tax rate for year 2008 has been set at $1.1567 per hundred of assessed value. By the way, the tax rate in year 2005 for HISD was $1.62. Every little bit helps. Anyways, without a homestead exemption, your annual school tax will be $1,156.70. File your homestead exemption and “bam” your annual school tax is now $983.19 thanks to the $15,000 reduction of the assessed value.

The total savings between both tax entities is $251.51 per year thanks to the homestead exemption. Think of the savings if our property is assessed at $200,000 or more. I’m too exhausted now to do the math. I have no doubt you can calculate your savings quickly, especially if you are looking for a new home in Houston, Texas.

And, you want to pay more taxes-because?

For senior citizens and disabled persons, the tax savings for filing the appropriate exemption is even greater. It’s just a bit more complicated. You can go online with your county tax office and get just about all the information you need. Oh! You can call me too if you like, or email me at [email protected] Whether it’s …

Advantages of Using Airtight Containers

Airtight containers are some of the most important tools in any home. They can be used for a wide range of purposes, top among them being storage – to be specific, food storage. Storage containers are one of the most popular ways of storing food, especially snacks and other delicacies. They are especially popular for storing those types of food that spoil easily or break into pieces if not properly stored. You can even use them as lunch boxes and transporting food. Most airtight containers in use currently are made of plastic but this does not mean that you cannot find food storage containers made of other materials.

Those who have used food storage containers will tell you that there are very many advantages that are associated with them. The first benefit is that airtight containers enable you to avoid commercial food in favor of home made food. In a time when everybody has become more health conscious, finding a way to sustain your body in good health is extremely important. You store freshly packed food in airtight containers and take it to wherever you are going. Since the containers are completely sealed, you can store the food for a long time without spoiling. Some of the containers are big enough to hold food for two. This means that in case a wife and a husband work together, they can carry home made lunch in a single container and eat it later at work. This strengthens the family bond.

Another advantage of food storage containers is that they are cheap. Compared to other available alternatives they are far much cheaper yet serve the purpose satisfactorily. They serve as a good way to save on cash especially during hard economic times. Again, they are easily available in the market, hence, one does not need to travel long distances looking for them. The containers are available in a wide range of sizes, colors, and designs and come in a wide range of prices. For most of them, the prices are not fixed so one can still bargain to ensure you buy at the lowest possible price. Most of the airtight containers available in homes come as packaging for other commercial products. If well washed and preserved hygienically they can be used for storing other non-food products.

The main advantage of storing food in airtight containers is that the food remains fresh for a long time since it does not lose moisture to its environment. The taste and quality remains intact for a long time making the food storage containers very appropriate for storing freshly purchased food. Since it’s airtight, bacteria that causes food to rot or spoil is kept out, allowing the food to last longer and retain its freshness.…

Free Home Appraisal Calculator – How to Use Them and Where to Find One

Using a free home appraisal calculator online could save you a lot of money when trying to sell or buy your next home. The question is where can you find one and how do you use it once you do find one. This article will explain where to find a free home appraisal calculator and how to use the appraised value of your home to your advantage.

If you are trying to sell your home in this buyer’s market then you must know how much your property is really worth. Many people list their home for sale not knowing how to price it properly. You want to price your home slightly less than the market value. This will generate more buyer traffic and hopefully get you multiple offers. Using one of the free online appraisal tools is a good idea if you need a ball park figure. There are a few recommended sites that I use to get my estimates. These sites are easy to use and only take a few seconds. The estimate they provide is usually based on historical sale data. All you do is enter your address and a little info about the home and in a few moments you will have a reasonable value.

Another method is to use a realtor. Ask several experienced real estate agents to give an appraisal. Most agents will do this for free in hopes of getting your listing. Make sure they know your neighborhood and they understand you want to sell the home fast.

Once you know the value of your home you can price it correctly. I recommend pricing the home about one to two percent less than the calculated value. Use these free tools and price your home right, and you might just sell your home a little faster.…