Raleigh-Durham Real Estate Blog

Live For Free!

Thank you to those of you who have played a role in reviewing a short e-book that I wrote last year. For the rest of you, this will hopefully be a timely read, especially if you are thinking of buying a home or investment property in the near future. This quick read can show you how to LIVE FOR FREE. I actually learned this ‘secret’ from my parents, who used it to jumpstart their real estate investing career decades ago. Visit www.tiffanyelder.com/LiveForFree and use the code “liveforfreenow” for your free copy. Please note: I have a few edits to make to the final copy, but I’m looking forward to your comments to round these out. The free code will expire this Friday, 12/3/2010 at 11:59 pm, so be sure to download your free copy before then!

Investing in International Rental property (article provided by NuWire Investor)

Many of our overseas neighbors are are picking up US property to leverage the benefit of favorable exchange rates. Our office has worked with a number of international investors over the years and given the current lower property values available in numerous countries, US investors should strongly consider overseas acquisitions if the numbers work and a good team is working on your behalf. The article “8 Things To Consider When Investing In International Rental Properties” is provided by NuWire investor and covers a few additional considerations for international rental property acquisition.

North Carolina Ranks Fourth in CNBC Survey
CNBC ranks North Carolina as most improved among the top five states for doing businessaccording to this Charlotte Business Journal article. The ranking elevated the state to fourth from ninth in the annual America’s Top States for Business survey. Quite a few organizations are eyeing the state for corporate relocation and satellite offices. Facebook is the most recent company to join the NC bandwagon and will be building a reported 450 million dollar data center in nearby Rutherford county (source, Triangle Business Journal 11/19/10).

Check your Insurance Coverage

Many real estate investors overlook the importance of good insurance coverage. Or, they skimp on insurance coverage because doing so lowers their upfront closing costs when buying a property. This mistake can cost you big time in the long run. Don’t cost yourself dollars because you’re too focused on pennies. Items such as extended vacancy riders, escalation increases, lost rent coverage, replacement cost, theft and vandalism riders, etc… might seem insignificant now, but become HUGE when something happens at your property that causes the need to file a claim. At a minimum, be sure to review your policy in full when you initiate coverage and again annually with your insurer to be sure your coverage is adequate. Our previous cartoon video on “Setting realistic Expectations” seemed to be well-taken by our blog readers, so we’ve decided to continue the series with a light-hearted focus on insurance. We hope you enjoy it and...Happy Investing!