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RPR for Residential Investment Analyses
Wednesday, April 24, 2019 at 11:00 AM PDT Clients with questions about residential property investment can be better served by tapping into RPR's extensive commercial property database, investment analysis tool, and decision-prompting reports. Join this workshop to learn how to come up with the most accurate investment scenario possible for your clients. You'll learn to: Use historical data, zoning maps, and flood maps to evaluate a potential investment property and identify distressed properties that might present a good investment opportunity. Use RPR's investment analysis tool to run on-the-spot financial scenarios and analyze a property for long term hold or short term flip. Wrap it all up with customizable, client-friendly reports that lead to informed decisions. Register now!
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Market Investment Properties to Get Ahead During the Off-Peak Season
Now that the summer rush of selling homes is over, how can you bolster sales during off-peak times? One great way is to advertise investment properties to real estate investors. Many buyers are looking for a new income stream as well as properties that will appreciate in value over time. To start, you will want to make sure your clients understand the time required to manage the property and the associated costs. Investors are interested in the pros and cons of different types of retail property and you can help educate them.
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Working with the Investor Client: 10 Tips for Success
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The Hidden Cost of Paper Transactions
Are the tools and processes you use in your real estate business giving you the maximum return on your investment? If you're still battling through mountains of paperwork, there may be room for improvement. Examining the Hard Costs of Paper Depending on what state you live in, a single real estate transaction can require signatures on anywhere from 10 to 100 documents. The cost of all this paperwork makes a significant impact on your bottom line. Let's take a quick look at where these expenses lie: Printing - On a standard office printer, a single black-and-white page costs $0.03. With color, the cost jumps to $0.08. Delivery - The cost of postage and courier fees adds up quick. For documents that can be signed locally, factor in the time and expense of travel, as well as the hassle of coordinating meeting times that are convenient for all parties. Storage - Storing and managing paper documents costs over 50 times as much as electronic records, thanks to necessities like filing cabinets, boxes, folders, and more. Not only will you need more space as time goes on, but there are special considerations that paper archives need, like temperature, humidity, and fireproofing. Document loss and reproduction - Whether lost in transit or just lost in the shuffle, paper documents are always at risk of going missing. When this happens, you re-incur the costs of printing these documents again.
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Is That Tech Investment Worth It?
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