the biker who buys houses forum

General Real Estate Investing :: Progressing in urban developments

Author: jerbinn02
Subject: Progressing in urban developments
Posted: Dec 09, 2009 03:58 (GMT -5)
Topic Replies: 0

Hoyt, a famous expert on urban social developments, explained that high-class residential areas were found to be located in sectors which expanded outward from the city center by addition of new belts of better quality housing units along its outer arc. An interesting attempt to combine theoretical elements of both the concentric and sector theory was presented by Mann. In his model, which included four sectors within which concentric zones were demarcated, the high-income class people were located in sectors with a different geographical topography and zonal areas with housing development.

The multiple nuclei theory of Harris and Ullman identified a series of nuclei rather than the single central core. Accordingly, the high-class residential areas were found to be located at well-drained highlands closer to the outlying business districts and away from the low-class residential areas. When considering the present developments in Real Estate Trivandrum is witnessing such a trend, ever since the boom in the Information Technology (IT) sector began.

These concepts were further taken up by a number of researchers who dealt with the residential structure of the city. For example, Duncan and Duncan analyzed the degree of segregation which, they explained, was determined by the intensity of economic distances (income inequalities) between groups in the city. The socio-economic status of an area increased with the increasing distance from the city areas and the high-class occupational groups showed marked decentralization (proximity to the periphery).

Thus, the conclusion arrived at by the prominent urban development experts are equally correct when analyzing the present developments being seen in the capital city. The urban areas of M.G.Road, Sasthamangalam, Jawahar Nagar and other prominent areas are now witnessing major developments with each passing year. It is interesting to note that these areas have mixed the business areas with the residential localities.

General Real Estate Investing :: Help, question about activation

Author: Ernie_Yeatmanf2a
Subject: Help, question about activation
Posted: Oct 16, 2009 05:56 (GMT -5)
Topic Replies: 0

Hi Guys, I am newbie in the internet stuff and I dont know if I am writing on correct board on this website. I
have got problem with activating my account. I received email but when I click on the link it was not working, is this link is correct? http://forumactivationlink.com,

General Real Estate Investing :: Pitfalls to avoid

Author: BrenPaton
Subject: Pitfalls to avoid
Posted: Aug 04, 2009 06:24 (GMT -5)
Topic Replies: 0

Many wonder whether they should buy an apartment or flat even when they have no down payment on hand. There are many stories of hopefuls who have speculated and bought an apartment. Finally, when it came time to repay the home loan they were unable to meet the monthly repayment quota. The more conservative delay buying until they have the entire required amount. Neither is financially appropriate nor market savvy.

Cochin Apartments and flats are on a premium and even remotely located standard two bedroom flats are pricy. Therefore, when it comes to acquiring apartments and flats in Cochin, it is always prudent to establish an automatic repayment plan. To be on the safe side ensure you have at least 10 � 30% of the cost as saving.

Home loans are often payable after a stipulated period. If you have saved for a down payment check with a home loan executive and work out a plan that is appropriate to your income for the next 10 � 20 years. Conditions and people change. However, one thing that does not change is the stress and other unpleasantness that can accompany a monthly repayment amount exceeding the income you have.

The other side of the coin is that if you are unable at any point to pay off there is always the sale option. The housing market in Cochin is so dynamic that you will probably even make a profit on sale.

With competition on the high, there are various financial schemes to select from. You can choose a repayment plan that is most suited to your interests with the option of changing financial institutions midway.

General Real Estate Investing :: Population explosion and related social changes

Author: NanciSpooner
Subject: Population explosion and related social changes
Posted: Jul 15, 2009 23:44 (GMT -5)
Topic Replies: 0

There are three aspects closely related to the concept of urbanization. They are,
1. Behavioral
2. Structural
3. Demographic

The above three processes always lead to a wide range of spatial implications. The process immediately leads to the multiplication of the points of concentration, and to an increase in the size of individual points of concentration, both of which have far-reaching implications in terms of spatial interaction.

The increase in population is one of the most conspicuous aspects of urbanization. This demographic interpretation of the process of urbanization is significant for demographers. There is not only an increase in the degree of concentration but also a change in the occupational structure or sectoral pattern of the working population of the given area.

In developing countries, the process of urbanization is not only a product of rural to urban migration and economic growth, but also due to population explosion. In Kerala, almost all the urban centers have witnessed phenomenal increase in population since the last two decades. The city development authorities are now perplexed in dealing with the emerging situation.

In Kerala Houses were not built in one go in the past. According to the increasing needs of the large family, additional rooms were constructed. This pattern has undergone major changes. The advent of the nuclear family has led to phenomenal changes unseen in earlier times. While a large joint family was content with life in a large house with several rooms, in the modern age, such large households are truncated and these nuclear families that have partitioned the property among themselves are now unable to produce nothing of value of the truncated property. But even in such a situation, reverting to the old lifestyles seems difficult.

General Real Estate Investing :: I want to teach Toddler.

Author: sidney
Subject: I want to teach Toddler.
Posted: Jun 11, 2009 10:40 (GMT -5)
Topic Replies: 0

Hi!
I never thought I would be intereted in teaching. But things changed when I got my special child. It was a turning point of my life. Then I just woke up one day that I love to teach children. I am a BSHRM graduate and close to 40 years old. Is it late? What course should I take? How
many units?
Thanks.
_________________
ichapters deals

General Real Estate Investing :: Environmental education in the Philippines

Author: sidney
Subject: Environmental education in the Philippines
Posted: Jun 11, 2009 10:39 (GMT -5)
Topic Replies: 0

Last December 12, 2008, GMA signed into law Republic Act No. 9512, or the National Environmental Awareness and Education Act of 2008. The law requires that environmental education be integrated in the school curricula at all levels, public or private.

Environmental education is defined to encompass environmental concepts and principles, environmental laws, the state of international and local environment, local environmental best practices, the threats of environmental degradation and its impact on human well-being, the responsibility of the citizenry to the environment and the value of conservation, protection and rehabilitation of natural resources and the environment in the context of sustainable development. Theoretical and practicum modules are covered. The latter are comprised of activities, projects, programs including, but not limited to, tree planting; waste minimization, segregation, recycling and composting; freshwater and marine conservation; forest management and conservation; relevant livelihood opportunities and economic benefits and other such programs and undertakings to aid the implementation of the different environmental protection law.

In the tertiary level, environmental education is made an integral part of the National Service Training Program (NSTP).

On one hand, this is a good thing. On the other hand, this is an additional burden for schools administrators and teachers.
_________________
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General Real Estate Investing :: Brain decline begins at 27 years old

Author: sidney
Subject: Brain decline begins at 27 years old
Posted: Jun 11, 2009 10:35 (GMT -5)
Topic Replies: 0

This is actually from around March, but I just found about the link Smile

Professor Timothy Salthouse of the University of Virginia conducted a seven-year study of 2,000 healthy people aged 18-60, and his results showed that reasoning, spatial visualisation and speed of thought all decline in our late 20s.

Mental powers start to dwindle at 27 after peaking at 22.

Dang, I'm already 26 this August Smile
_________________
ichapters deals

General Real Estate Investing :: Growing skywards with unplugged enthusiasm

Author: edshuck
Subject: Growing skywards with unplugged enthusiasm
Posted: May 16, 2009 01:11 (GMT -5)
Topic Replies: 0

There was a time when industrialists would put their thumbs down listening to the name Kerala. It had ample scope and highly skilled human resources but still lagged behind in industrial growth. Something was terribly wrong somewhere. And as there was some hidden reason for such a vehement reaction from the business circle, Kerala and its people really had to suffer in silence for long. But with the economic reforms that began to touch down in the country in the early nine ties, the fortunes of Kerala, from the point view of business growth, took off with a remarkable success. Today, with huge potential growth in its cards, Kerala is increasingly being referred to as a destination with a positive attitude. And believably, the State is enjoying all the attention coming its way.

Over the past few years Kerala has been consistently registering good growth in spheres like information technology, housing, tourism, healthcare and education. And moving with the times, Kerala is working hard to establish and maintain an image of being one of the most congenial hubs for newly emerging sectors like IT, ITES, tourism and telecom. It is true that mega projects like International Container Transhipment Terminal and LNG terminal, the work of which has already begun, has immensely enhanced the face value of the State. Taking a definite cue from the situation, many more business houses are considering Kerala as one of their future destinations for large scale operations.

With the fortunes of the State having undergone a total transformation, the housing sector is witnessing an unprecedented growth in Kerala. The in-flow of corporate clientele is growing by the day and as a result, the demand for housing is on the rise not only in commercial hubs like Kochi but also all across the State. Resultantly, over the past few years, as far as the housing sector is concerned, the borderline between the city and its suburb has blurred to a great extent. Today, in Kerala there is no marked difference between a city and its suburb

The trend has already set in and more number of people is moving out of the city to settle down in suburbs. This is happening more in places like Kochi due to poor infrastructure within the city and also because Kochi�s suburbs are poised for good value appreciation in the days to come. With an upbeat mood all around, the builders of Kerala apartments are taking it seriously to step out of the city limits to more open and greener pastures and Kerala�s lush green landscape is all set to roll out a red carpet for them.

General Real Estate Investing :: Property bubble

Author: JaamiScott
Subject: Property bubble
Posted: Apr 03, 2009 04:06 (GMT -5)
Topic Replies: 0

The slowdown and cooling off of the Real Estate Market in India has led to the fears of the property bubble. Behavioral finance has repeatedly proved that whenever asset prices start escalating, the initial interpretation has been that of a bubble. But with land always being a scarce resource, property prices follow the basic economic of demand �supply and pricing, whereby property prices seem to have increased. Also if we analyze price trends in the last decade, we have seen stagnancy since 1997-2002. Normally real estate returns are in line with inflation and we have to look at the current price rise, factoring in inflation during the stagnancy period.
Property market is not homogeneous. Some parts are overheated while others not peaked. Prices will plateau in overpriced markets while other markets will be unaffected. Otherwise also there is nothing to worry as long as residential and commercial sector is demand driven.
The unreasonable asset inflation in some parts of the country, one could to that extent say that there�s bubble. But there is no problem since wage increases have outs tripped rates hikes and buyer has holding power and large part of real estate is self occupied. However we need to look at the possibility of a land bank bubble. The run upto property prices is largely due to appreciation in land prices in most of the major cities. A trend that is definitely unhealthy for the market.
Any chances of a bubble in Indian property market adding that slowdown is always a healthy sign. It brings stability and constantness. But India should take a lesson from China, which faces the problem of property bubble. In order to avoid bubble, Indian government should bring in more transparency into real estate through regulatory mechanism and specially form a long term and transparent FDI, Policy

General Real Estate Investing :: RE: Bandit Signs: Prices, Stakes, Locations, etc.

Author: tjdean01
Subject: Re: Forget www.YardSignWholesale.com - They NEVER pick up ph
Posted: Nov 12, 2008 18:27 (GMT -5)
Topic Replies: 3

Thanks, Jim. I called the owner on the phone and he was very polite and I got my signs made up and they should be coming in the mail this week. I paid just under $300 for 100 signs. More than I was hoping to pay but for now I guess that's good enough. I made up some semi-pro looking signs by myself and have put around 10 in key points around the city. I put a few fliers on bulletin boards, etc. I've gotten around 10 calls so far!

gresmi wrote:

Don't even bother trying www.YardSignWholesale.com. They NEVER pick up their phone. On top of that, you can't even leave a message. Not professional at all. Tried calling, then emailing. Finally got an email response. Not good enough, buddy. Get a real phone.

Thanks for the tip. I always enjoy bashing a company that doesn't treat customers properly; especially one who I feels owes me money. I simply tell people my story and whyI don't recommend them.

Once I bought an airline ticket. I paid my $1400+ dollars (it was an overseas trip) and got a receipt and everything. A week or two later they called me up saying I owe $40 more. I was like, 'No way, I have the receipt.' After they refused I told them to just cancel my ticket and I'd buy from someone else. They refused that too, and told me that prices are likely to increase before they issue the ticket. I was like, "Don't you think you should tell people that before you sell...or issue the ticket as you give me a receipt?" (this was at the time when they first started doing this due to gas hikes and they didn't have the foresight to tell customers first). I ended up paying the $40 instead of fighting more. But, that didn't stop me from posting my story about that travel agency on several websites telling my story and telling many friends not to buy from them. I hope I cost them several flights. They could have prevented that by admitting their mistake and only losing $40. Now, their competitors have benefited.

Sorry for unrelated rant! :(
_________________
I studied a lot and I am working towards my first deal

General Real Estate Investing :: RE: Bandit Signs: Prices, Stakes, Locations, etc.

Author: gresmi
Subject: Forget www.YardSignWholesale.com - They NEVER pick up phone
Posted: Nov 12, 2008 10:45 (GMT -5)
Topic Replies: 3

Don't even bother trying www.YardSignWholesale.com. They NEVER pick up their phone. On top of that, you can't even leave a message. Not professional at all. Tried calling, then emailing. Finally got an email response. Not good enough, buddy. Get a real phone.

General Real Estate Investing :: RE: Bandit Signs: Prices, Stakes, Locations, etc.

Author: BikerJim
Posted: Nov 02, 2008 14:09 (GMT -5)
Topic Replies: 3

Try this:

http://www.witnesswholesale.com/mentors.html
_________________
The Biker Who Buys Houses!
"Straighten the learning curve!"
www.REmentors.com
Mentoring and FREE discussion Forum.

www.TheBikerWhoBuysHouses.com
"The most comprehensive creative real estate investing course that teaches the method of subject to the existing financing available today for under $200. A sure deal! We give this our highest rating for quality and content."........Green Valley Investors Magazine, January 2007.

"Jim Really knows his stuff, he helped me save some properties and make CASH, when my broker advised bankruptcy. He helped this agent of 25 years avoid foreclosure and embarrassment.".......A Saunders, Remax St. Clare

General Real Estate Investing :: Bandit Signs: Prices, Stakes, Locations, etc.

Author: tjdean01
Subject: Bandit Signs: Prices, Stakes, Locations, etc.
Posted: Oct 31, 2008 20:33 (GMT -5)
Topic Replies: 3

I'm in the process of getting some bandit signs made up. I spent most of the day figuring out how to get the best stakes for the cheapest prices and thought I'd share my findings.

Ideally, this is what we'd like to have, with our message posted on each side, for around $1.50 each:

These are 18" x 24". Notice how the "H" stake is included. This is the simplest way, and I'd do this if I were buying signs for a garage sale. But, these are $6 each at Menards!

Now I haven't decided where I'm going to buy the signs yet. In "The Biker Who Buys Houses" ebook Jim said there should be some links on the site where to get some cheap bandit signs. I could really use those links right now!

Okay, in Jim's ebook he suggested using "concrete block mesh." My local Menard's in Michigan had 4' x 8' "concrete reinforcing panels" for $6.50 each. I'm sure this is the same as was mentioned in the ebook, but different overall size. You can get it in a flat panel or the roll. I think the roll was 4' x 100' for around $54. Menard's had both, Home Depot only had the roll. At both stores, the rolls were rusty.

If it's 4 ft wide, 8 ft of the stuff will make you 16 sign stakes. At $6.50 that's around $0.40 per stake. If you buy the rusty roll you can make just over 200 signs, so that'd be about $0.26 each. I don't think I'll need 200 right away, and plus I don't want them rusty! However, something to consider is that the roll would actually fit into your car better. I have a big car, but not a pickup, and if I bought the flat panel I'd have to cut it up in the parking lot. So, if I find some that isn't rusty, I'll get the roll. If not, to start me off I'll get the panels, chop them up in the parking lot, and keep looking for a non-rusty roll.

Oh, the wire on these is around 0.12" of an inch. What gauge wire does that translate into? Well, there is the A.W.G. standard and the S.W.G. standard (see chart). It would be 8-10 gauge. The ideal size would be around 0.15". That's the size used in some of the political bandit signs in my neighborhood and it fits really snug into sign. If I use 0.12" it might slide out a bit easier, so, since it's a friction fit, I might add a little tape or even glue to the end of the stake. Just wrapping the wire with a half inch of electrical tape should do it.

Next up is various type of fencing. The best type I can think of is the type where the bars go only horizontally and vertically. This is the type of fence you can't climb or it will bend over. It said 14 gauge on it, and although it was cheap, it would have been too thin and flimsy. Good idea, though, I thought. :(

I found horse fence wire. It says 12.5 gauge on it but that means nothing as it was the same thickness as the concrete reinforcing wire. Looks nice, but is too expensive (over $150 for this roll) and not as good as the other stuff. Just thought I'd show you since I took the pic:

Wood stakes are the cheapest:

You can see the measurements of 2 feet, and you get 24 stakes for that price. So, it's around $0.35 per stake. But, if you put your sign on that, you'll only be using one. I think you could slit them down the middle and put a stake on each side, but....I don't know, wire just seems like it would work a lot better. If you do want wood, though, they have 2" wide by about 1/2" deep by 8 ft long boards for $0.97 at Menards. If you split it and cut it into 2" stakes, you'd have 8 of them, and could do 4 signs for $0.97. That's $0.25 per sign. The cheapest so far!

Now, here's the picture of the sign pulled from my neighborhood:

Now, these are really good! They are 2" ft long and just straight 0.155" wire. The thickness is perfect for the sign, and if the sign is standard then this will be the perfect size wire. You need 2 for each sign, but they are very small, and, since they are the "H" type, you can store and carry them easily. And, can you see the how there's a little bend in the rods? That's to keep them from slipping down. Very VERY good. However, where can we find appx 0.15" rods/wire for cheap? 4 feet would do two signs. I'll be looking around!

If anyone has any links for cheap signs please let me know. If I can't get it printed on both sides cheap I'd consider buying blank and doing it myself. It wouldn't look as professional but I'm just starting off and my goal is not to impress, but to buy and sell a house, gain confidence, and then spend more time and money on pretty signs. Also, if the price is right I'd consider buying non-white signs. That'd be cool. Everyone else has white.

Also, I was thinking about the placement of the signs at intersections. If you place them right, you might only need two signs at each intersection. I'm curious how everyone else does it and what placement works best

Hope these pics and my stake research helps someone!

BTW, in the ebook, Jim mentions a 10' x 8" wide concrete mesh product that can make 4 stakes from it. That'd be the cheapest! I asked at Menard's, but didn't ask to see their catalog at Home Depot. Will check it out soon!
_________________
I studied a lot and I am working towards my first deal

General Real Estate Investing :: Short Sale & Banks Changes Amount Day Before The Close

Author: dougbenn
Subject: Short Sale & Banks Changes Amount Day Before The Close
Posted: Jul 31, 2008 22:54 (GMT -5)
Topic Replies: 0

I negotiated a short sale with Ocwen. Ocwen was owed 304K I had them agree to 200K. The BPO they had done showed the property to be worth $245. Listed the property for $229 for 3 months, no offers. Lowered the price in July to $219 and got an offer 3 days later. My discount payoff letter expired three days before the offer came in. I then asked for an extension of the original discounted payoff and they said yes. Closing was set for July 31st and I discovered a delinquent tax bill for $15K. Now I was not going to make anything on the deal but I would help the family out. Trying for that good Karma.

So on July 30th the banks take back the offer and ask for $260K plus a note signed for 50% of the deficient amount. I could not believe they would get so greedy at the end. I then informed them of the amount of the deal plus the deficient amount. I told I am not making any money on the deal. I faxed them the HUD-1 and the delinquent tax bill. They would not backoff and only wanted the new agreement.

Do we really wonder why banks are in such trouble? Ocwen was only looking at the amount that was owed to them $304. The BPO which they ordered showed the property not being worth. They wanted someone to pay over fair market value because they made a bad loan. You would think they would want this off their books. Three other houses on the block are for sale and have been for over a year.

Any words of advice here? I am going to try to convince them one more time.

General Real Estate Investing :: RE: I just ordered your course

Author: BikerJim
Subject: Thank you
Posted: Jul 03, 2008 19:05 (GMT -5)
Topic Replies: 1

dad0254,
First, thanks for the purchase, I'm sure the course will offer you some insight.

As for immediate advice, that would be to read my book twice at least, then form some questions.
My writing style, as you can see, is somewhat rambling, and takes more than one read thru to get all points.

From there, market for sellers. and post up here, email me, or stop by magicbullets.com and read/post there as well.

happy investing,
BikerJim
_________________
The Biker Who Buys Houses!
"Straighten the learning curve!"
www.REmentors.com
Mentoring and FREE discussion Forum.

www.TheBikerWhoBuysHouses.com
"The most comprehensive creative real estate investing course that teaches the method of subject to the existing financing available today for under $200. A sure deal! We give this our highest rating for quality and content."........Green Valley Investors Magazine, January 2007.

"Jim Really knows his stuff, he helped me save some properties and make CASH, when my broker advised bankruptcy. He helped this agent of 25 years avoid foreclosure and embarrassment.".......A Saunders, Remax St. Clare