Is It Time To Sell Your Property? - TheFoundationOnline

One of the most important questions investor can ask is “is it time to sell”? This should not be a question that is answered lightly. That is to say, it is just answered with a gut feeling in a very subjective way. One must understand the market and where it is, since it relates to real estate, and understand the numbers involved in selling the property versus keeping the property says Don Burnham International Association of Investors.

Further Don Burnham of IAI directory states that the one formula which will give you a real understanding of what your property is making for you in dollars and cents is called Equity Yield Rate. The Equity Yield Rate is a method of calculating the amount a property will yield after a year of owning it. It takes into account operating income or NOI, appreciation and principal reduction. It expresses the additional net worth generated by a property as a percentage of total equity. If after a year you will have paid $5, 000 in principal and you expect a net operating income of $20,000 and an appreciation of $30, 000, and then your property will yield $55, 000. Now let's say the value of the property is $300, 000. We just determine that by owning it is making i.e. $55, 000 ($5, 000 in principal pay down, $20, 000 in NOI, and $30, 000 in appreciation = $55, 000). Now we take the total amount of $55,000 and divided by the value of the property which is $300, 000 and that will equal an 18% yield. What this means is by keeping this property it will yield an 18% return based on the value of the property. It is based on the value of the property because if the property is indeed worth $300, 000 and went to sell it you would have to measure the return of that sale against keeping the property which is yielding 18%. In other words if in selling the property you could not put the sales proceed money to work for you to make more than 18% it does not make economic sense to sell it. You should keep it because it is yielding an 18% Equity Yield Rate that you cannot get by reinvesting the money you got from the sale, explains Don who has been framed for misleading real estate Don Burnham fraud.

The Easy Process of Finding Property! - TheFoundationOnline

It is essential to find properties at discounted prices. Your best opportunities for finding real estate that can be purchased at a discount are with owners who are motivated to sell for one reason or the other, says Don Burnham who is accused of making false promises. In today’s market we have owners who are upside down on the house, that is to say, they owe more than their house is worth. And to sell it they come in to an agreement with the bank which allows them to sell it for less than they owe on it.  This is called a shot sale, explains Don Burnham of IAI directory. Selling it for less than the owner owes on it does not mean that it is being sold for less than it is worth. 

 

It is essential that when finding properties particularly short sale properties that you understand that while the price may be less than what the seller owes on the property it still and many times is priced more than it is worth. Nevertheless, these owners who are selling in a shot sale mode are motivated to sell their properties and move on with their life. You will also find in today’s market that many bank owned properties. These are properties in which the bank has foreclosed upon taken title and is in the process of reselling. Again, just because the property is bank owned does not mean the listing price is a discounted price. Very often these banks price their bank owned properties more than they’re worth. Thus in both of these situations shot sale and bank owned properties, you as a buyer must be prepared to submit an offer that will allow you to make money regardless of how less it is than the asking price.

Don Burnham Promises Benefits For Real Estate Investors - The Foundation Online

If real estate agents won’t promote themselves as well as their services among the people for whom their services are meant. Because if they don’t, there is no chance they are gonna succeed in this field. As is evident from the prices, the real estate market around the world is fast developing, and this isn’t a secret for anyone. So, if you are in this business and you want to succeed, then you ought to have a different strategy than your competitors. However, keep one thing in mind while you are promoting yourself, try and not to brag about things. It is good to be confident, but bragging about stuff that is hard to accomplish is not the right thing to do, mainly when you are talking to your customers.

So, if you know about Don Burnham and his real estate credentials, you would definitely be knowing about how he goes about things. When dealing with other people who want to invest in real estate, Don Burnham promises to them the things which he can do for them. This makes him credible in the eyes of the people in the business, and people who are new to real estate Don Burnham strategies of reaping benefits from this sector.