Tag Archives: real estate investor

What Role Does a REIT Play Your Retirement?

What Role Do REITs Play in Your Retirement Savings Plans?

As we Baby Boomers move into our retirement years, for the first time ever a larger segment of our society will come to depend on retirement plans for their income.  We will statistically also be living longer. Unlike our predecessors Baby Boom retirees will have to live on their retirement benefits for an additional 20, 30, or even more years!

* In the United States, the median life expectancy of a 65-year-old man and woman is 85 and 88, respectively. However, because the “median” represents the exact mid-point of the group’s age range, half of this population will live longer, often much longer, than the median life expectancy.

Boomer retirees could spend up to a third of their lifetime in retirement and this has caused some headaches for retirement planners. Retirement companies now more than ever must select investments that deliver a consistently high level of income to meet the needs of the baby boom retirees, and also generate portfolio growth to ensure that the needs of retirees are met three decades in the future! Oh, and don’t forget to offset the effects of inflation in the process, please.

As with so many of us who are looking around for sensible investment avenues they too are turning more towards real estate, including REITs, for solutions to their problems.

  • * The requirement that REITs pass at least 90 percent of their taxable income through to shareholders in the form of dividends makes them a strong income generating investment.
  • As stocks, REITs also provide the opportunity for capital appreciation. This combination of investment characteristics makes them effective in extending the lives of retirement portfolios.

 See how I’m using a REIT to make sure I retire happier and wealthier

Go well till the next time
www.flipping2retirement.net

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Is Your Financial Advisor Messing with Your Retirement?

Regular readers may know a little about me but when I saw an article the other day asking this question I thought, oh dear, I’m not the only one needing to make a plan.

More importantly, what are we all doing about it?

I do not have any resources to draw on other than my failing stocks, which are still tied up for another *** years. I cannot afford to put up my hands and say “C’est la vie!”not if I wish to eat once I retire! Much more importantly though, I have a pretty long bucket list that I would like to tick off satisfactorily.

So off to work I went.
The question is, what on earth is going to fill the hole in my current bucket which is loosing money at a disastrous rate?

I have scoured the Internet and read several books and taken several courses to best arm myself against more bad judgement calls.

I am currently on a course putting together the means for me to earn a reasonable passive income from the Internet with my long-time business guru Peter Carruthers. I did battle with an idea of what to do but now I’m busy researching my ideas to see what will gel. With Pete by my side I know it will work as he is passionate about helping us all have enough to retire on.

My Dad was a quantity surveyor and my brother is an architect and some of that seems to have rubbed off on me as I have always had an interest in property. It seemed natural to look too property for another string to my bow. I have done several courses but realised that the daily cut and thrust was maybe a bit too hectic for me so I looked for a simpler way to invest in property.

Fortunately crowdfunding has taken off in a big way and it has flowed into the property domain. This means I don’t need to find vast amounts of money I can invest my small amounts each month and draw out my percentage of rent payments or sale profits.
That is a really cool idea in itself but the best is that it is totally managed by a company not me! There are various companies to choose from but I found Flipping4Profit had an added tweak to offer. I decided (after much due diligence) to invest with them and explore their added extra which is simply networking the idea to others.

I’ve not stopped looking for other ways to create some income but having done the maths I’m satisfied that if I keep to my plan with these two income making avenues I should now be fine until the day I die regardless of what my financial advisor manages with the money I put into his hands!

I’m going to be OK, are you?
Go well till the next time
www.flipping2retirement.net

 

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5 Choices You Must Make Now If You Want To Retire A Millionaire

ReBlogged
Posted on December 2, 2014 by Jeet Banerjee

A million dollar once upon a time seemed like so much money. If you look at it today, some people argue that a million dollars isn’t even enough to retire with and that you need more. Regardless of what your perspective on it is, a million is a million.

Too many people don’t understand what it takes to save enough for retirement and end up working well past the ages of 60-65. If you’re young right now and thinking you have a long time until that age, do NOT ignore this post.

If anything, you are in the drivers seat to have the retirement of your life if you make the right decisions. In this post, I share 5 choices you must make now if you want to retire a millionaire.

1. Set The Goal

Studies have shown that people who write down their goals actually achieve it compare to others who just think or talk about it. Get a piece of paper out or post it up on your bulletin board so that you have a constant reminder of what you plan on doing.

Planning is the only way you can execute on a goal so immense as this. Set some goals on how much income you want to be earning a year, how much you want to save towards your retirement and how much money you want to have for your retirement every 5-10 years.

2. Live Frugally

Athletes are a prime example of individuals that don’t live frugally. When they make $5 million a year, they tend to spend 95% of that every year. When they get an extension and make $10 million a year, they’re still spending 95% of that every year. How is that possible you ask?

Well, it’s simple. The more money you make, the more material items you become infatuated with. While I’m not going to stop you from treating yourself to nice rewards, it doesn’t mean you need to spend like a maniac. Live frugally so that you’re enjoying, saving & investing.

3. Invest Frequently

The best decision I made ever since the age of 18 was investing my money at chance I got. I made some really foolish investments that lost me a lot of money, but I’ve also made some great ones. The beauty of investing is that you can make returns passively.

There are safe investments and risky ones, but it’s just a matter of how you want to play with your money. I recommend doing a mix of both. If you’re investing more money, go safe. If you’re investing less money, take a risk. If you invest your money for the next 40-50 years, you bet you’re going to get some nice returns every now and then.

4. Don’t Buy Into Credit

The reason why so many people are working late past their retirement age is all because they made horrible financial decisions when they were younger. People accrue debt by using credit instead of debit. Until this day, I’ve never had a credit card of my own.

My thought process is really simple. If I can’t afford it, I don’t need it. Be very careful before you buy into credit and be even more careful about how high of a limit you use. If you give into temptation easily, don’t get a credit card. It’s as simple as that.

5. Work Your Ass Off

The only real recipe for success is working hard. If you work your ass off, you’re going to eventually get the results you want. If you want to retire a millionaire, it’s not going to happen overnight. It requires a lot of persistence and patience.

The harder you work, the quicker you will get the amount of money you want for retirement. So pull up your sleeves and get to work!

Conclusion

In this post, I shared 5 choices you must make now if you want to retire a millionaire. What are some things that have worked for you?

What a smart young man!
Wish I had met him a long time ago.
However it is never too late so I’ll keep on with my property investing and sharing
it’s worked well for me to date 🙂

Go well till the next time
www.flipping2retirement.net

 

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Forget about your investments!

No one is telling you not to invest.
Absolutely you must but listen to Warren Buffett

In his 1996 chairman’s letter to shareholders, he stated: “inactivity strikes us as intelligent behavior.” In a similar vein, he observed in his 1990 letter that “Lethargy bordering on sloth remains the cornerstone of our investment style.”

From the little I know about stocks ‘n shares, it appears to me that they are quite volatile especially compared to property. However it seems in the long run that the share investments, if left, reach a reasonable increase in value. So unless you are a budding stockbroker and prepared to take your chances selling and buying it seems pretty logical to let sleeping investments lie and reap the rewards down the road. I found these tips:

The secret to the success of these investments is to have a monthly debit order and then to forget about it.

  1. Let the market or the fund managers do the hard work for you.
  2. Best of all, these investments can grow into a fortune over the years… and often the returns are far greater than a regular retirement fund.
  3. The investor’s best friend, compound interest, is on your side. As the returns of your investments pay out, reinvest them and make your money grow even faster.
  4. Remember… with these sorts of investments have to have an investment horizon of at least five years but, the longer the better.
  5. Increase your monthly debit order as your monthly salary increase or invest in more unit trusts or ETFs to increase your wealth over the years.

Well I’m certainly hoping the above advice works for my pension investments. To date they are in a deep trough so I only have one option and that is to forget about them and wait for the longed for uprising one day!

In the meantime I am not putting any more savings into those investments. Instead, I’m working with a crowd-investing property platform. Lots of flips – lots of control over what I invest in- no hassles and, lots of profits too! What’s more I’ve found a fun way to invest in property.

Loving life I am 🙂

Go well till the next time
www.flipping2retirement.net

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Do You Believe in Luck or Sheer Hard Work?

Talk Therapies asked me the other day

“How lucky are you?”

Well, so are you lucky? – Do you believe in luck?

I’m a pretty, ‘feet on the ground’, type of gal and have always believed in a good work ethic as being prime to self-help, however, I think timing has an awful lot to do with your success.

So is timing; luck, innate knowledge, or good planning?
Again being pretty practical I would say a dash of all of the above:
Looking at the people who have been in my life I have noticed that some people do seem to have good things come their way more often than others. Whether it’s winning competitions or raffles,  good board games/cards or just has cool stuff happening to them.

What makes that happen? Luck? Timing? or Knowledge?
According to Talk Therapies there have been several studies on this and the findings all seem to point to one thing…

Taking a chance!

“People who appear to be lucky tend to be more social and are open to opportunity. They
tend to be more optimistic people who believe that good things will happen, so they take
a chance. The more chances you take, the more likely you are that some of them will
pay off.”

Of course memory plays a neat job at making lucky people luckier too, because we all tend to not know about, or to conveniently forget about, all the failures that led to their lucky streaks.
Perfect examples are celebrities who have suddenly “arrived” (not)
It took them plenty of hard slog and refusals to get there!

Talk Therapies has a good little test you can do “Imagine a friend that takes a chance every day. Maybe one in 10 of those will pay off – so that’s about 3 good things that happen a month. Now think of a friend who only takes one opportunity a month – they may only have one good thing happen all year. It’s about the same ratio of good to bad but one friend will seem a lot luckier, particularly if they only tell you about the good things that happen.

“So, if you want to be lucky, say yes to every opportunity that comes your way
who knows where it could lead.

I say Yes to that, ‘with knobs on!!’

My latest opportunity is, amazingly turning into something I only dreamed about
Yes I’m working at it but nothing is passive unless you’re dead!
But it is giving me a great opportunity to have a decent retirement income, I couldn’t be happier!

What can you say yes to today?

Go on – Be lucky!!
You never know where it could lead.

Go well till the next time
www.flipping2retirement.net

 

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How To Make a Real Estate Investment

MAKE A REAL ESTATE INVESTMENT IN
5 SIMPLE STEPS

1. Register as an InvestorFrom Flipping2Retirement,net (4)

It’s free and easy and once you sign up you gain direct access to exclusive private real estate investments around the world.

2. Browse Investmentsbrowse

Registered investors can securely browse our marketplace of real estate investments and access a detailed investment page for any specific offering.

3. View & Finalize Investments.

When you’re ready, you can invest directly through the site. Funds are transferred electronically depending on where you live.

4. Wait for Funding Goal to be Reached.

Each investment has a unique funding goal and your funds are maintained in escrow until that goal is reached. Once reached, you own a share of that investment.

5. Manage Your Real Estate Investments Online.

As a Flipping 4 Profit Investor you have full control over your funds, via your Investor Member’s area.  As each property is sold, you choose from the different options available, what to do with your funds…

  • Take the funds out,
  • Take the profits out,
  • Reinvest the funds and profits or
  • Take some out  and reinvest some

It works like a dream and is great fun. I couldn’t find a better way to add to my retirement funds where I have total control and can watch as I gather profits to re-invest until such time when I want to use it. Why not start your property portfolio today 🙂

Go well till the next time
www.flipping2retirement.net

How to Find A Great Investment Property

Neil Vorster is a South African property investor and coach. He writes a regular blog and newsletter to which I subscribe. His 7 tips to acquiring a Great Investment Property just have to be shared!

Neil says everybody wants to know how to pick a winner, and fortunately with property investment the luck or gambling element can be almost entirely removed.

You don’t have to settle for average!

By following these 7 tips, you can be well on your way to beating and even doubling the national averages and acquiring really great investment property.

1. Location

This one is somewhat overdone, but I am constantly amazed at how little attention potential investors give to location. Property value is intrinsically tied up in its usefulness to the future tenants. It stands to reason that any property that is well located, close to desirable places of work and transport nodes and routes will be more valuable to tenants.

2. Type of property

When looking for a great investment property, a townhouse with a good security system, controlled visitor access and 24/7 security guards will win over a normal house or flat any day!

3. Agents

There are agents and there are agents!
The secures his or her 3 month sole mandate by hyping up the property value. Then they start the process of bringing the seller down to reality in the hopes of securing a sale. Naturally it will be difficult for an investor to get a great deal from “seller’s agent” as commission comes from the sale. Whereas a “buyer’s agent” will often undervalue a property for a fast efficient sale. This type of agent is solid gold to you, the investor.

4. Local agent networking

Once you have selected your choice investment location, the work begins; Start by looking up the agents who are very active in the area and cultivate relationships with them. A regular monthly email or phone call from you will keep you top of mind for when that “urgent/bargain” deal crosses their desk.

5. The internet

Scouring the internet adverts can reap good dividends, but cannot completely substitute getting out there and looking at properties. There are websites that will scour the internet for you and return any new listings of your selected complex to your email inbox.

6. Clutter

People naturally perceive greater value in a property that is newly painted, spotlessly tidy and ready for show-day. They therefore will pay a higher price.

A property in poor condition, requiring paint and perhaps some running repairs to the cupboards and/or inhabited by a messy tenant who feels threatened by a sale, will be overlooked by many potential purchasers. This provides an excellent negotiating opportunity for an investor to factor into his price a paint job and some minor repairs. I call this seeing through the clutter and discerning the true value of a property.

7. Bargain hunting

Lastly, Property investment is a long term decision that, when done correctly, provides massive returns on your investment. Most investors cannot recall the exact prices paid for properties purchased 10 years ago, and even if they did, the numbers would make you laugh!

I have seen many investors pass over an opportunity of buying a great investment property because they are desperate to knock the seller down to his last penny.

So Neil’s advice in a nutshell:

  • do your homework,
  • know your areas and prices and
  • when a good opportunity presents itself, secure the property.

Hope these tips from Neil were helpful
Go well till the next time
http://www.flipping2retirement.net
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