Real Estate Investing Plans, Goals and Crucial Formulas

Real estate investment get-rich-quick methods upset me for a couple of reasons. They generally assume that you are going to self-manage the property yet ignore your cost of time to manage. Moreover, they promote “no money down” methods yet fail to warn you about the risks of high leverage. Besides, I find it difficult to trust anyone claiming to have found a goldmine when they anxiously peddle a map so it can be found. If they really discovered the way to real estate investment riches, why would they share it?

Actually, there is no secret way to attain real estate investing success.

In real life, you must work hard with good research and a commitment to a sound and systematic analysis. Pathways leading from get-rich-quick seminars are littered with disappointment; the key to successful investing, however, is to take as much time as necessary for proper preparation. Time is on the side of the prudent real estate investor.

In this article, we are seeking to help you better understand several nuances associated with real estate investing. We would like to discuss the importance of building a sound investment plan with meaningful goals and then cover the formulas of four popular financial analysis models used regularly in real estate investing.

Build a Sound Investment Plan

Having a plan with stated goals is one of the most important foundations of successful investing. However, it’s not about having lofty intentions and then declaring, “I want to be worth twenty million dollars one day.” There’s nothing wrong with desiring better things in life, the problem is that simply declaring something doesn’t bring you any closer to achieving it. The idea is to develop a general plan with stated goals and a method on how to get there.

Goals Must be Meaningful

Goals are the shortcuts to your desired destinations. Goals are not essential to life, many people do just fine without any kind of goal at all, but goals are essential to successful real estate investing. For a goal to work for you, however, it must be attainable, measurable, tied to a timetable, and clearly defined.

Moreover, divide long-range goals (say further out than one year) into intermediate goals, and your investment plan into subsections such as “cash flow requirements,” “net worth projections,” “tax shelter benefits required,” “cash withdrawal from plan,” and so on.

Start here: How much cash do you have available to invest comfortably? What length of time do you plan to stay invested? How much of your own effort do you plan to contribute?

Define a general plan: You plan to develop or own only the highest quality properties in prestige locations. You plan to own the largest market share of office buildings under 12,000 square feet in your local market. You plan to maximize your tax benefits on purchases and use tax-deferred exchanges and installment sales when available.

Define a detailed plan: How much cash do you want to collect each year beginning in the 10th year? What net worth …

Real estate investment get-rich-quick methods upset me for a couple of reasons. They generally assume that you are going to self-manage the property yet ignore your cost of time to manage. Moreover, they promote “no money down” methods yet fail to warn you about the risks of high leverage. Besides, I find it difficult to trust anyone claiming to have found a goldmine when they anxiously peddle a map so it can be found. If they really discovered the way to real estate investment riches, why would they share it?

Actually, there is no secret way to attain real estate investing success.

In real life, you must work hard with good research and a commitment to a sound and systematic analysis. Pathways leading from get-rich-quick seminars are littered with disappointment; the key to successful investing, however, is to take as much time as necessary for proper preparation. Time is on the side of the prudent real estate investor.

In this article, we are seeking to help you better understand several nuances associated with real estate investing. We would like to discuss the importance of building a sound investment plan with meaningful goals and then cover the formulas of four popular financial analysis models used regularly in real estate investing.

Build a Sound Investment Plan

Having a plan with stated goals is one of the most important foundations of successful investing. However, it’s not about having lofty intentions and then declaring, “I want to be worth twenty million dollars one day.” There’s nothing wrong with desiring better things in life, the problem is that simply declaring something doesn’t bring you any closer to achieving it. The idea is to develop a general plan with stated goals and a method on how to get there.

Goals Must be Meaningful

Goals are the shortcuts to your desired destinations. Goals are not essential to life, many people do just fine without any kind of goal at all, but goals are essential to successful real estate investing. For a goal to work for you, however, it must be attainable, measurable, tied to a timetable, and clearly defined.

Moreover, divide long-range goals (say further out than one year) into intermediate goals, and your investment plan into subsections such as “cash flow requirements,” “net worth projections,” “tax shelter benefits required,” “cash withdrawal from plan,” and so on.

Start here: How much cash do you have available to invest comfortably? What length of time do you plan to stay invested? How much of your own effort do you plan to contribute?

Define a general plan: You plan to develop or own only the highest quality properties in prestige locations. You plan to own the largest market share of office buildings under 12,000 square feet in your local market. You plan to maximize your tax benefits on purchases and use tax-deferred exchanges and installment sales when available.

Define a detailed plan: How much cash do you want to collect each year beginning in the 10th year? What net worth …

Private Labeled Bottled Water for Sporting Events and Participants

Sports and athletics are such a pervasive force in American culture that few people can avoid their impact. Memories of an important game, event, score, or sports outing are often long lasting whether they are at the institution, team or individual level.

Personalized bottled drinking water is an excellent way to create lasting memories and produce high quality messages. Branding messages are available for teams, institutions and individuals.

Private label water is also an ideal vehicle for fund raising by schools, teams and individuals. Sales revenue through personalized bottled water sales at school sporting events helps ease current budget restrictions.

Sports in America

America is a sporting country with a substantial amount of time and resources devoted to the enjoyment of competitive sporting activities. Sports go hand in hand with a health and wellness life style and competitiveness is an important element in building character in our country's youth and future leadership.

From childhood until post retirement, sports and athletics serve to entertain and create role models as part of programs of exercise and healthy living. As children and young adults combine competition with sound programs of academies and extra curricular activities character and integrity are created. Continuing through adulthood, middle age and retirement athletics are a constant factor in American life. Many retirees spend a great deal of their free time pursuing sports based healthy lifestyles.

Sports in America is a major multi-billion dollar industry. Professional teams represent the major cities in America and engage in all major sports. Colleges base a significant amount of their activities and fund raising on sports and this approach permeates high schools, middle schools and grammar schools through the nation. Club teams and private leagues can be found in many towns and cities. Suppliers of sports products rank among the Fortune 500 of companies.

In addition to team sports, almost every family in the country is engaged in some form of sports activity with such sports as golf, skiing, water sports, bowling, outdoor events and others ranking high on the list of family oriented activities.

The Value of Memorable Events

Pleasant memories of unique performance or events are the result of many sporting activities. Often the powerful memories of a winning season for a local team, the big game that a child participates in, the unforgivable birdie, eagle or hole in one on the golf course and other memories remind one time and again. Many people derive significant pleasure from these memories.

Over time however, even the most powerful memories fade and memorabilia are often valuable as reminders. These reminders take many forms but serve to create continuity and continued interest in the healthy lifestyle of sports and athletic competition. Since individual and team performance is often the result of many hours of practice and hard work, a reminder of accomplishment is often valuable.

Personalized Bottled Water Memories

Personalized bottled water is an excellent way to preserve the memory of important sporting events. With a custom designed label for each and every occasion, …

Family Christmas Pajamas Are For Everyone

There is not a more wonderful time of the year than during the holidays to give your family the gift of love and warmth with family Christmas pajamas. As a generations-old tradition, giving pajamas is a great gift for everyone. Mom, Dad, grandparents and children all love to find brand new pajamas under the tree. With the great variety out there, it's easy to please everyone with snuggly jammies that will last the whole winter through.

Some families prefer to all have pajamas that match. That's an easy order to follow. Whether they want matching styles such as two-piece or just the same pattern on all their night clothes, it's easy to find. In fact, they can even get them in the same style and fabric pattern to be even more of a matching family.
Cozy knits, soft flannels, fluffy fleeces and thermal materials are all available and provide comfort and warmth to anyone.

However, sometimes Mom and Dad just can not see themselves wearing princesses or heavy machinery to bed. Get the kids the preferred pattern and parents can have a matching set in a more grown-up pattern. The coziness of footed jammies is not just for children anymore. Even adults can enjoy keeping their feet toasty warm in footed pajamas. Of course, they come in wonderful designs to celebrate the holidays with you favorite cartoon characters or winter icons.

However, family Christmas pajamas offer so many different patterns that are solely holiday oriented; It should not be a problem to find the perfect design for your family. Sometimes snowmen are a family favorite, or gingerbread men, snowflakes, or cardinals. Holly is always a great pattern for the whole family as are stars or Christmas trees and presents.

Family Christmas pajamas do not even have to match. Everybody with their favorite Christmas icon in soft flannel or fleece pajamas will stay wonderfully warm every night of the winter season. They are a wonderful present that everyone loves to receive. Even the person giving the gift gets to feel warm knowing that their loved ones are going to be warm and comfortable all winter long.

After the Christmas Eve celebrations, whenever the night was attending service or visiting family and friends, there is no better way to finish out the night, waiting for Santa, then snuggled in family Christmas pajamas, reading stories, drinking hot cocoa, and listening to Holiday music. Family Christmas pajamas really do bring a little bit of an old-fashioned Christmas to the present. …

Family Games – Everyone Can Have Fun

Those precious free moments together with your family should be spent wisely. Each member should be able to relax and have fun and forget about daily worries at work or in school. What you and your family can do is have some family games which everyone can enjoy. There are games that suit a group of people such as families and they could be fun for all family members of all ages. Here is a list of games that fathers, mothers, brothers, and sisters can take part in.

Board Games. There’s a wide selection of board games that are suitable for the whole family. You can choose Monopoly or Millionaire’s Game which will also be effective in teaching children some basics about money and how to spend it. You can also play Scrabble. This is fun for all family members because they have to think of words that they need to use. Other board games which are best played with your family are Trivial Pursuit, Snakes and Ladders, or Pictionary.

Card Games. If the children are old enough to play card games, then choose among the shorts that most shops do not have. You can choose Gin Rummy, Blackjack, Bridge, and Crazy Eights. Make sure you have a deck of cards for this question.

Indoor Games. Indoor games in this article mean anything that is done inside the house. This is very popular especially in rainy and stormy days. Card games and board games are also included in this category. Some indoor family games that could be fun for all do not even have to use any materials such as boards or pieces. All you need is a little imagination and creativity and some materials you can find in your house such as pencils and papers. For instance, you can play charades, “Names of…”, Quick on the Draw, or Story Line Game. These games will not just kill boredom while waiting for the rain to stop. It will also get the family together in one fun activity.

Outdoor Games. As the name implies, outdoor games is one kind of family games where you can play outside. Usually, the games included in this category are sports such as croquet, badminton, or volleyball. But family members can also play other kinds of classic and traditional outdoor sports such as sardines (this can also be indoor), Frisbee games, and water games which you can play in your spacious backyard. The advantage of this is that you can enjoy quality time with your family while at the same time being able to exercise and flex those wiry muscles by running, catching, jumping, or swinging.

Family games are fun for all. Some of them can enhance thinking abilities and problem solving skills and some can also make you sweat a lot. Playing games with your family is another way of bonding with them in your busy and fast-paced everyday life.…

Fun Ideas With Themed Family Halloween Costumes

Have you been looking for a way to make Halloween more fun for your entire family? Are you the sort of family who love going out together and having fun? If your answer is ‘yes’ to any one of those questions, here’s a fun idea to make Halloweens more fun for your family. This Halloween, choose a theme that both you and your kids like. Then, go out and buy costumes that match that theme. Since you will be looking for costumes in adult and children’s sizes, it is better that you look in a place that has a large collection of costumes in both sizes.

Once you have gotten the right costumes, the fun part can begin. There’s nothing like the whole family dressing up to match each other. Let your imagination run wild when it comes to the theme.

Cartoons are always a popular theme, so you can choose to dress up as Loony Tunes characters. There are so many characters to choose from that you can focus on one set. For example, you can decide to dress up like the villains. So you can choose from Yosemite Sam, Wiley Coyote or even Marvin the Martian. Or you can all choose to dress up as one character. The entire family can go out dressed like Bugs or Daffy. The fun is in watching the same character take on different sizes and shapes.

Or you can choose a fairy tale theme. With so many fairy tales around, you can easily turn your entire family in to a family from a fairy tale. So the parents can dress up liked kings and queens and the children can dress up like princes and princesses. If you have a newborn or very young daughter, you can also dress her up as an adorable little fairy.

Accessories are very important when it comes to dressing up in Halloween costumes. So make sure you have the right ones when you choose your costumes, especially if they do not come with accessories of their own. For example, a generic princess costume will usually have a tiara but you can make it extra special by adding a magic wand to it. In fact, you can reinvent a costume by adding accessories. So if you already have a princess costume, you can add a wand and wings to make it a fairy princess costume. Similarly, if you have a pirate costume, you can get a fake hook and become the ‘Hook’ from Peter Pan.

When it comes to choosing a theme for the family, there’s a lot of room for innovation. So you can also make do with the costumes that you already have. The best thing about choosing a family theme is that you will never run out of ideas and you can always reinvent an old theme. So not only do you make Halloween a fun family activity, you also make the planning part much easier.…

Dating: Do You Know When to Stop Dating Someone?

If you date men or women long past the point when you are still exploring whether or not s/he is your ideal match, take heart! You are in the vast majority of people around the world. This phenomenon is not regional, generational, or related to education, or socioeconomic circumstances.

Being willing or able to recognize that someone is a good match or not a good match for you, and stop dating him or her, seems to be a universal dilemma.

Let’s review a few Dating Basics:

· Dating is a process and you are dating to find your ideal match.

· Recognizing that the men or women you are dating are not a match for you is the point of the dating process.

· It is highly likely that you will date a number of people who will not be your ideal match and that many of the people you are dating will recognize that you are not their ideal match.

· Ending the dating process is the only next logical step to take if we agree that the point of dating is to find our ideal mate.

Let me tell you a story that makes this much more complex than a philosophical question:

I have a young colleague who has been dating a woman for a number of weeks. They enjoy each other’s company very much. They share common interests and have a good time together.

He called me recently to tell me he was very sad. He had come to recognize that there was no future w/ this special lady. They are both professionals, mature and very clear about who they are and what they need and want in a partner. My young friend is crystal clear that he wants children. His special lady loves being an aunt to 5 nieces and nephews and has absolutely no interest in having children of her own. It is important to him that his life partner be as passionate and enthusiastic as he is about family and co-parenting (he holds a very high value for family/children).

This is an unsolvable problem. My young friend is correct. He must end the dating relationship. However, he and his lady friend might be able to change the nature of their relationship.

· First he must tell her very directly that they are not a match and why and that he isn’t going to date her anymore. Then he has some choices.

· He can say goodbye and never see her again; Or

· He can tell her that he enjoys her company and would like to continue doing some of the fun things they do together.

· He must tell her directly that he will be actively dating other women.

· If they are sexual he will have to let her know that their “new” friendship-relationship will be platonic.

The ball is now in her court. She really likes him and from everything he says, she probably thinks he is a pretty close match.…

Artificial Flowers and Artificial Plants Have Their Advantages

While few things are as lovely and fragrant as real flowers and plants,
Artificial flowers and artificial plants do have their advantages in some situations. If you are planning an event, or need to send a remembrance, sometimes artificial flowers and artificial plants make the best sense.

When many people think about artificial flowers and artificial plants,
They think of those awful plastic arrangements found gathering dust on
Discount department store shelves. But things are quite different today
And realistic silk orchids or flowers have replaced the tacky plastic
Flowers and plants of the past.

Weddings

Artificial flowers and artificial plants can be great for extending a
Wedding budget. Silk flowers can be used in place of real flowers, and
With a drop of spotted oil applied in the very center, most people can not
Tell the difference between the two.

Silk flower wedding arrangements are also perfect for high traffic areas
Where real flowers would take a bruising. Artificial flowers and
Artificial plants make perfect pew decorations. Guests may accidentally
Brush up against them as they are separated, but the pets will look as lovely as ever. You never need to worry about silk orchids or flowers wilting.

Scrapbooking, Crafting, and Cake Decorating

Artificial flowers and artificial plants are the perfect way to add
Floral accents to scrapbook pages and crafts. For example, a copy of the
Wedding invitation is usually saved by the bride for a keepsake. Silk
Flowers, whole or with petals and leaves separated for convenience, can
Be used to decorate the pages of a scrapbook or keepsake frame.

You can also decorate a cake with realistic silk flowers that are far
More beautiful and dramatic than piped frosting creations, and you can save them afterwards in a keepsake box.

Bereavements

Sending flowers in times of sorrow is a time honored tradition, and
Real flowers are both lovely and fragrant, but they fade away all too soon. Many families have a custom of offering bereavement floral arrangements to friends and family as a poignant remembrance of a loved
One's passing. Silk flower arrangements make a lasting gift that will bring back fond memories of absent friends and family for years to come.

Artificial flowers and artificial plants made today are just as beautiful and nearly identical to the real thing. If you want the beauty of flowers in your life, why not add some permanence with lovely silk flowers and plants. …

Digital Backdrops – Where to Use Them

Digital backdrops have become an indispensable tool to many photographers toady as it has many advantages. The value of an attractive background and what it can do for your photographs can not be emphasized enough. This is the reason why more and more digital photographers are turning to digital photography backdrops. In addition, this backup enhancement of photos are convenient, less costly and unlimited in their range.

Digital backgrounds are available in many styles, color combinations and themes. So, choosing a backdrop to suit a photograph is done mainly by the photographer keeping in mind what the final result should look like. It is all about the photographer's ability to bring out the best in the subject with the background as a base.

Digital photography backdrops are used in many places. Where digital backdrops can be used best is with images that have been taken with a blue or green background. But, it can be used practically with any background.

Where digital backdrop use is warranted is easy to find out. These are usually used to create eye catching pictures out of other awkward photographs. A normal photograph can be made to look except with the right digital background giving the photograph a new lease of life and dynamism that was missing from it. The whole mood can be altered in this manner.

Another instance where digital backdrops come in handy is when you need to shoot at a certain location, but find it impractical to do so. For example if you need to do a photo shoot in the English countryside but can not spend on airfare then you can use digital backgrounds with the English countryside in your photographs later on. Many commercial artists find this a very easy solution to a variety of problems that face their line of a work.

Family photographs are another area where digital backdrops can enhance the quality of the final product. You can have a lot of fun with fantasy backdrops, fireworks or celebrity themed backdrops. There are also special ones designed for kids. Where more serious backgrounds are needed the grunge range or similar backgrounds can be used to bring out details in a photograph such as a portrait. The facial features will be brought out with greater effect with a solid color background and allow the onlooker to focus on the face and not on any distracting background. In a similar way romantic, pictures, wedding pictures and other pictures can be enhanced with ease using digital backdrops. …

Retirement Gifts

Do you know someone who is about to retire, a boss, a friend, or a family member maybe? Giving them retirement gifts may help them remember the day they'll stop the routine that eats most of their time. Have you ever wonder how would they really feel when they retire? Are they really happy about giving up the job they have loved for so many years? Or, will they feel glad, since finally they can relax and unwind without worrying about the work they have left behind?

It is worth knowing the answers to those questions, because you can get retirement gifts ideas from them. Also, just by knowing the person is enough to come up with retirement gifts that match the recipient's personality. It's not enough to give any gifts without considering how the gift would suit the recipient. To be able to come up with unique ideas for retirement gifts, consider the following:

-Give the most unique and memorable retirement gift possible

-Give a retirement gift that genuinely helps retirees in their new lifestyle

-Give the retirement gifts that touches their heart and soul

-Give a gift that shows you really care

-Give the retirement gift that no one else give

Sometimes, we give gifts that can be pretty humorous to let the person feel the light or funny aspect of retiring, or simply to make him smile. It may work, but it's not too meaningfulful. If you want to do something that will be remembered and appreciated like no other gifts, then you better start your mission now. You may start your research over the internet where you can find a wide range of gift ideas. I once found a nice and beautifully designed framed retirement poems for a retiring person who loves poems. There's another thing that should not be forgotten – the Farewell retirement signature boards. These fun boards allow friends to write smart quotes that will be remembered for years. Buy one with a design that could be adorned. But, if you prefer something traditional, there are beveled glass plaque or picture frame, pocket watch, and many more.

Whatever you decide to give as retirement gifts, bear in mind that someday you will have to go through the same stage. If you think that way, you may change little things in someone's retirement party. You would not want to spoil the fun of opening gifts by receiving something without importance, would you? The thoughts of the gifts we received are as important as the money you have sent for them. So, make a difference by giving the best gift. …

Mueller – Austin’s Largest Urban Development Project

When Austin’s airport moved to its current location at the old Bergstrom Air Force base, the Robert Mueller airport became 711 acres of land just east of Interstate 35 ripe for developing.  The city of Austin, along with the Catellus Development group, have created a master plan that includes a variety of housing styles, private businesses and retail stores, and are attempting to make the entire “city within a city” as green as possible. 

This area, now referred to as the Mueller development, has three housing types available in their first phase of building: yard houses, garden court houses, and row houses.  The prices for the first phase range from the $180,000s to the $600,000s, and are 900 square feet up to 3,700 square feet in size.  Though 350 homes will be built in the first phase, the development is planning to build 2,200 in total.  Six different home builders were chosen to participate during phase one, including 3 locally based builders, Saldana Homes LLP, Streetman Homes Inc. and Muskin Co. 

Though some of the homes may be a little cookie cutter in appearance, others are built in a traditional Austin bungalow style, and seem to fit in with their new central location.  None of the new homes are built in the currently popular modern style, but it’s possible that different builders will be chosen for future phases of building, to diversify homes as much as possible.  All homes built in the Mueller Development have alley ways behind them, with garages built on the backside of houses leaving the fronts garage-free, with more room for larges porches. This also makes the streets and sidewalks more pedestrian friendly.  

The initial phase of homes created a large amount of interest, and Catellus Development set up a lottery-style system by hiring a company to randomly create a priority list of buyers.  To keep in line with the development’s vision of a mixed income neighborhood, a certain number of homes were set aside for families making at or below 80 percent of Austin’s median income.  All of the “affordable housing” homes were sold, and 265 total homes were purchased, with the remaining homes offered to the public. 

Many of the businesses in the Mueller Development opened before any residents moved in.  Some big box stores are already open, such as Best Buy and Bed, Bath, and Beyond, but other private businesses are also moving in.  Seton Family of Hospitals is building their 165,000 square foot headquarters in the development.  Not only are they the second-largest private employer in central Texas, but this will also be the first headquarters of a large company to move east of interstate 35.  Seton’s new facility, the Dell Children’s Medical Center of Central Texas, will open next to the new headquarters in 2009. 

One of the Mueller Development’s major objectives is to be as green as possible from the ground up.   They will have shops, recreation, entertainment, jobs and transit close at hand, in hopes that driving will be …