gustoville.com


 
 





< HOMEPAGE





Costco - Costco Cash Card

The Costco Cash card features include: A convenient payment option in our warehouses, gas stations, and costco.com ; No expiration date ; Are rechargeable at any Costco warehouse ...

Read full post here. (c)

Amex Costco Business card offers 5% on gas purchases, no annual fee

Online shopping resource providing free coupons, promotional offers, and discount prices and hundreds of merchants. Best deals online at Target stores, Dell computers, newegg ...

Read full post here. (c)

Holding Costs and Investment Property - The Key to a Profitable Investment

The two best times for investment property is when you buy a property and when you sell a property. The time in between is where the holding costs add up with time. In my market, investment properties are taking longer and longer to flip. The times on the market are increasing and the eventual contract price that you will get is also decreasing.

It is in this time that you must be fully aware of your holding costs and how time will affect your bottom line. I have seen many experienced investors ignore holding costs, or not understand all the costs associated with holding property. It usually works out for them because there was usually enough profit to cover these holding costs. Not to mention the fact that properties sold faster. Sometimes when a investor is initially estimates the rehab costs they focus on things like the roof, furnace, carpet, etc...

Holding costs are the expenses that are not associated with the expenses that are directly incurred in the rehab of a investment property. Holding costs are costs that are incurred even if the property just sat idle. Some examples of these costs are as follows.

Interest

Mortgage interest and credit card interest associated with the property. There may be times where you don't have enough cash to cover all fix-up materials and you may have to finance them with a credit card.

Taxes

Property taxes broken down into a monthly amount to track the expenses.

Utilities

Gas and electric bill. In a colder climate the cost of utilities in the winter increase dramatically.

Maintenance Property

Landscaping and outdoor maintenance. Factors such as bed work and size of lawn etc... can increase costs dramatically.

Neighborhood fees or dues.

Some neighborhoods or condos have fees associated with the property.

You can imagine that there could be many other expenses associated with holding real estate that may be specific to your area and the list could go on and on. Knowing your holding costs are a great way to be profitable in this business. Especially in a time where it takes longer to sell a property than normal. A lot of times a contract on a property does not necessarily mean that you are going to be able to get your money in a reasonable amount of time. Without a good understanding of the costs behind the scenes you may never actually know how profitable a property is going to be. Knowing these costs may be the deciding factor on whether or not you are going to take a lower offer on the property because it may in fact be a better deal in the long run. Or it could be the difference between hiring a job done or taking longer to do the job your self.

For more articles visit http://www.rentalrealproperty.com for information and news on investment and rental property. And be sure to visit our podcast at http://www.investmentrealestatepodcast.com

NAVIGATION

What Every College Student Should Know Before Signing Up For A Student Card

Cash Back Credit Cards - The Deal is in the Details

Gasoline Cards

Moving Houses - Preparing For the Big Move

Blacksmith Forge

Cash Reward Credit Cards

Finding Government Seized Vehicles is So Easy a Child Could Do It

Psychic Self Defense

Rebuild Your Credit - Using a Savings Account?

Microsoft CRM Integration with Lotus Notes Domino: Messaging Connector - Future Directions

Give Credit Its Due

101 High Paying AdSense Words

Vehicle Purchase With Plastic

Rebuilding Credit After Bankruptcy

Why Good Credit is More Important Than Money!

Creative Ways College Students Can Save Money

5 Rip-Offs Pitfalls to Avoid

Where Does My Money Go?

What Are the Factors That Affect My Credit Score?

Best Low APR Credit Cards

Payment Protection Insurance (PPI) Claims Are Up 118%

Chinese Business Card Etiquette

How to Eliminate Your Debt Stress

A Credit Card Can Be a Real Friend

Gas Rebate Credit Cards 101

How Safe Is The Use Of Formaldehyde In A Keratin Chocolate Hair Treatment?

Adding That Special Touch to Valentine's Day Gifts

Geeky T-Shirt - My Geek T-Shirt Picks

Over 50 Ways to Advertise Your Home Business

Tips For Employing Identity Theft Protection Strategies

Vehicle Purchase With Plastic

Gas Rebate Cards

Need Money Now? Earn it Online in Just 24 Hours!

Do You Qualify For Debt Settlement?

Marketing Through Service - How to Get Customer Referrals and Sales Leads in Any Business

Overflow of Blessing

Last Minute and Inexpensive Father's Day Gifts For a First Time Dad

Selling to the New Generation of Real Estate Buyers

The Problem With False Praise in Youth Sports - An American Crisis on the Horizon

Avoiding Your Own Credit Crisis

Need Money Now? Earn it Online in Just 24 Hours!

Setting Up a Christmas Budget

How to Know If You Need Credit Repair

100 Ways to Save Money

Protecting Yourself From Identity Thieves

Credit Score Online

Preventing Debit Card Fraud

Five Tips to Save a Quick 0

What Can Credit Repair Services Do For You?

It Depends Upon the Person - Perfect Romantic Presents

Monitoring Your Credit Report

Increase Gas Mileage Products - Do These Gas Saving Products Really Work?

Tips on Sending Money to Brazil

Petrol Remote Control Cars

Best Australian For Life Balance Transfer Cards

Factors That Affect a Credit Score

Is Your Postcode Dictating Your Gas and Electricity Bills?

Bad Credit Rating is Not a Problem Anymore in Getting a Gas Credit Card

Using Debt Settlement Systems Instead of Filing Bankruptcy

Marketing Through Service - How to Get Customer Referrals and Sales Leads in Any Business

Restaurants - The Break Even Point

Credit Score - It Does Matter

Advanta Business Credit Cards Reviewed

Getting Good Christian Greeting Cards

Marathon Gas Card - So Many Choices

Household Budget Samples

Preventing Debit Card Fraud

Government Debt Relief Help - How to Find the Help You Need

How to Rank at First Page of Google in 3 Easy Steps - Rank at First Page of Google Guides

Mrs. Pinchpenny's Tips for Saving Money and Sticking to a Budget

ABC's of Getting Out of Debt

Buying Auto Parts From Online Suppliers

It Depends Upon the Person - Perfect Romantic Presents

Owning Your Own Home Business -10 Reasons to Look Forward to April 15th

The Secret to DVD Disc Repair

Learn How To Make A Personal Budget

Second Job Or Work From Home?

Credit Repair and a Lost Wallet

How Bad Credit Affects Marriage

Help the Aged - MPs Support More Help For the Elderly

Government Grants Can Help You Consolidate Debt

A Penny Saved is a Penny Earned

Cash Back Rewards Credit Cards

Credit - Common Sense

Credit Score - It Does Matter

Credit Repair Savings and Profits

John McCain - About Turn on Ethanol

Debt Collection Basics - Wondering What To Tell Collection Agency?

Prepaid Credit Debit Cards

Tips on Sending Money to Brazil

Are There Benefits of Credit Card Offers Made Online?

How to Get Credit Cards For Poor Credit

Debt Consolidation - Debt Settlement

How To Eliminate Debt And Put Away Money Each Month

Getting Out of the Debt Pit

Avoiding Bad Credit While in College

How to Rebuild Your Credit

Prepaid Credit Cards and Students

4 Critical Safety Tips to Follow For Your Next NFL Cookout

How to Recession Proof Your Business

© 2010