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The discussion, questioning, and resolution of differences is an important part of the learning experience. On Andrew? Another significant advantage is the sharing of the workload in preparing the final case study report. Knowledge Background This case draws heavily on the material presented in Chapters 2 and 3 of frederick douglass frontier thesis, Principles of Engineering Economic Analysis. Investment , Life annuity , Pension 1946 Words | 7 Pages. Issues to determine the basic facts of the johnson, case • Run the Numbers! – use Excel and other programs • Test your assumptions! – Sensitivity . Analysis Recommendation 1. Your unique solution to the Key Problem based on identifying, analyzing, and developing critical skills, evaluating the Key Issues • There can be multiple correct solutions to the Key Problem if the underlying assumptions, theory, and the logic line are sound How To Prepare Study Cases 1. Read the entire case straight through for on andrew johnson, a quick overall impression. Arthur Andersen , Business ethics , Enron 893 Words | 3 Pages. ? Mariners’ Polytechnic Colleges Foundation Rawis, Legazpi City Case Study in Management I BSCA 2A1 . Submitted by: Submitted to: Jollebee L. Manila Norma M. Check Plagiarized? Villanueva Student Asst. Prof.
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The process followed by IBM to implement the e-CRM solution describing. Customer relationship management , Customer service , Decision support system 773 Words | 6 Pages. ?Term Case : Palm Oil Piracy ACC 4291 INTEGRATED CASE STUDY TERM CASE THE PIRATES OF THE . SILVERLAND (PALM OIL PIRACY) NAME: RAJA SITI AFIQAH BINTI RAJA AZMI MATRIC NO: 0826174 LECTURER: PROF. SHAMSUL NAHAR SECTION: 2 DATE SUBMITTED: 26th NOVEMBER 2012 SUMMARY OF THE CASE Established in 2002 in Taiping, Perak, Palm Haul Sdn Bhd (PHSB) was a small and sources of islamic, medium sized enterprise in the Crude Palm Oil (CPO) transportation business. PHSB was managed by En.
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With direct. Cat , Cats as pets , Competition 1644 Words | 5 Pages. answer questions relating to essay johnson, case studies ; 1)Read the case - study carefully: . Case - studies will run up to many lines. So, do not think twice about spending time on reading the question. Read it the check plagiarized, second time if you haven’t understood clearly. 2)Read the questions relating to johnson, the case : After a first time reading of the case study , reading the essay, questions pertaining to it, will help you know what to look out for in the case . Underline these instances in the case study for essay johnson, later reference. Romeo Essay? 3)Make.
Case study , Scientific method 799 Words | 3 Pages. Lawaan, Roxas City A Case Study Analysis of essay on andrew, “Service quality towards costumer satisfaction” Presented to: Ms. Nesel G. . Colona Presented by: Sylvialane Villarde Jennifer Delamide Ron Ron Catarining 1. Point of View We the dissertation form, Hrm ladderized 2-b having a case study analysis in “Principles of Management” about the “Service quality towards customer satisfaction” in Chowking. On Andrew? Generally, from the view point of our case study analysis service quality. Case study , Customer , Customer service 704 Words | 8 Pages. The Ineffective Manager Case Study. CASE STUDY THE INEFFECTIVE MANAGER Submitted by: Submitted to: Ishaan Talwar Prof.S.C.Kapoor B.A.Hons (Batch 3) . Module Tutor 2011-2013 ( HRM ) FACTS OF THE CASE * Case is about sunrise engineering organization a highly reputed company which has shown remarkable growth in industrial electronic goods. * General Manager Mr. Ravi Narain observed a decline in sales and employee turnover high at junior level of Chandigarh branch. Of Islamic Law Essay? * Mr. On Andrew? Narain visited the skills, branch. 803 Words | 3 Pages. (ITESM) Name: Oscar Ramirez Pantoja ID: A01062945 February 10th, 2014 International Strategic . Management Professor: Dr.
Mohammad Ayub Ayub Khan ASSIGNMENT -1 Introduction The Case called “Making Strategy: Learning by doing” by essay, Clayton M. Christensen presents an easy method of douglass frontier, how to develop an strategy with your company whenever it needs it or how to solve issues that seems to be easy but they are not as easy as they look. . Functional group , Management , Plan 834 Words | 3 Pages. Case Study Analysis Paper Prepare a 1,400 to 1,750-word case study analysis paper based on the . University of Phoenix Material, “ Case Study for Student Analysis,” located in essay Week Two of the COMM/215 [pic] page. University Dissertation Form? Below is a detailed description explaining how to prepare a case study analysis paper. Johnson? ____________________________________________________________ _________________ Typically written in of islamic narrative form, a case sets forth, in on andrew johnson a factual manner, the events and organizational circumstances. Case study , Logic , Scientific method 1852 Words | 6 Pages.
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air essay De tous les portables qui ont ete annonces ou mis a jour en ce debut d'annee, le MacBook Air 11 est celui qui a recu le moins d'attention de la part Apple . Essay! Pas de trackpad Force Touch, pas de SSD ou de barrette memoire plus rapides, mais une augmentation de prix comme ses camarades. Frederick Frontier! Au bout du compte, les seules evolutions sont celles amenees par Intel avec ses processeurs. Essay On Andrew! En outre, l'arrivee d'un MacBook 12 Retina, plus ultraleger encore, place ce MacBook Air dans une situation que l'on sent precaire. Of Mauritius! Mais avant de speculer sur son avenir, voyons ce qu'il vaut par rapport a ses predecesseurs. Essay Johnson! Quoi de neuf sur le MacBook Air 11 du debut 2015 compare a celui d'il y a un an essay to education, ? Physiquement, rien bien sur : on essay, a toujours un poids plume de 1,08 kg entre les mains (qui sont maintenant battus par les 920 grammes du MacBook 12). Il y a le port mini-jack, deux USB 3 et un Thunderbolt qui, nouveaute, passe en version 2. Sources! Pas d’ecran Retina et de toute evidence il n'y en aura jamais dans cette famille.
La dalle de 11 conserve sa definition de 1366x768 (lire aussi Les nouveaux MacBook Air gerent bien les ecrans 4K). On Andrew Johnson! Le processeur est un Core i5 a 1,6 GHz de cinquieme generation Broadwell au lieu d'un 1,4 GHz Haswell (le Turbo Boost est toujours a 2,7 GHz). University! La puce graphique passe d'une Intel HD Graphics 5000 a une 6000. On Andrew Johnson! Pas de changement sur la dotation RAM et SSD, on check plagiarized essay, a toujours 4 Go sur les deux machines de base, 128 Go de stockage sur la premiere et 256 Go sur la seconde. On Andrew Johnson! Qu'Apple s'en tienne a proposer 4 Go de RAM sur la premiere machine… a la rigueur, il faut bien etager une gamme. Plagiarized! Mais qu'il en aille de meme sur le modele au dessus, vendu tout de meme 1 250 ˆ… ! La critique vaut d'ailleurs pour les MacBook Air 13 qui sont aussi tous livres avec 4 Go. Essay Johnson! Il faudra — sans surprise — aller vers les MacBook Pro pour trouver 8 Go par defaut. Plagiarized! Certes, le 11 n'est pas une station de travail. Chez certains ce sera un petit portable d'appoint a un iMac ou a un Mac Pro.
Pour d'autres, une sorte de machine a ecrire reliee a internet. On Andrew! Mais si l'on se place dans le contexte de sa future revente, 4 Go de RAM dans 2 ou 3 ans ce sera assez sec pour allecher l'acheteur. On Right To Education For A Girl Child! Et puisqu'il est impossible d'en ajouter apres coup, mieux vaut prevoir des la commande les 100 ˆ necessaires pour avoir 8 Go. Essay Johnson! La gamme 2015 comprend donc toujours deux machines de base qui n'ont de difference que leur capacite de stockage. Developing Critical! La premiere est vendue 999 ˆ et la seconde 1 249 ˆ, au lieu de 899 ˆ et 1 099 ˆ l'an dernier. Essay On Andrew! Soit une augmentation de 100 ˆ et 150 ˆ. Check Plagiarized Essay! On a comme options un Core i7 a 2,2 GHz (Turbo Boost a 3,2 GHz) coutant 200 ˆ, 512 Go de SSD reserves au second modele (300 ˆ) et ces 8 Go. Essay Johnson! Nous allons tester prochainement cette declinaison Core i7. La machine que nous avons testee est le second modele, avec 256 Go de SSD. Essay For A Girl! Les tests applicatifs montrent que les deux generations 2014 et 2015 du 11 se trouvent dans un mouchoir de poche.
La machine va a peine plus vite dans iPhoto et GarageBand (ecarts d'une poignee de secondes), elle est moderement plus veloce dans Final Cut Pro X et elle s’est montree a l'inverse un peu plus lente dans iMovie (de 5%). Essay! Il n'y a qu'avec Aperture que l'ecart est plus franc (9% plus rapide). Romeo Juliet Essay! Etrangement, notre modele de test a systematiquement affiche des resultats meilleurs que le MacBook Air 13, a l'exception toujours d'Aperture. Johnson! La puce graphique Intel s'avere 39% plus rapide que la precedente dans le test OpenGL de Cinebench R15. Plagiarized! C'est appreciable mais cela ne fait toujours pas de ce portable une machine de jeu — ce n'est de toute facon pas sa vocation premiere. Essay On Andrew! Avec quasiment toutes les options graphiques activees dans Batman: Arkham City Goty, un titre maintenant ancien, on check, atteint en moyenne 21 images secondes, seulement. On Andrew Johnson! Le SSD de 256 Go est de marque SanDisk et comme on frederick douglass, peut s'y attendre, il file moins vite que le 256 Go Samsung trouve dans nos MacBook Air 13 et MacBook Pro Retina 13 2015. Essay Johnson! Ces derniers sont globalement deux fois plus rapides que le SanDisk. Ce n'est pas avec ces 11 que l'on atteindra — ni meme frolera — le giga-octet par seconde comme sur les 13 aujourd'hui. Essay On Right To Education For A Girl Child! Le MacBook Air 11 de 2015 Le MacBook Air 11 de 2014. Essay Johnson! A defaut, on frederick, profite tout de meme de gains substantiels face au SSD SanDisk du MBA 11 de 2014 (c'etait alors un 128 Go). Essay Johnson! La lecture sequentielle de petits fichiers (inferieurs a 1 Mo) donne par exemple 369 Mo/s en moyenne contre 332 Mo/s l'an dernier et 326 Mo/s en ecriture contre 234 Mo/s. Frederick Frontier! En lecture et ecriture aleatoire c'est 163 Mo/s et 156 Mo/s contre 153 Mo/s et 129 Mo/s.
Est-ce qu'en utilisation essentiellement avec des applications pour internet cette machine est lente ? Bien sur que non. Essay On Andrew! Entre un Core i5 recent et un SSD, on university form, a une base qui demeure bien confortable. Lorsqu'on surfe, tape son mail, tweete, releve ses RSS et meme avec toutes ces applications ouvertes en meme temps elle reste reactive avec ses 4 Go. Essay! Ce qui peut expliquer qu'Apple ne se sente pas dans l'obligation de mettre plus de RAM. Douglass! On pourra aussi faire du montage video sauf a trop en demander. Johnson! Nous avons travaille un peu avec la sequence 4K utilisee pour nos tests, l'interface d'iMovie ne souffre pas de ralentissements mais la lecture de cette sequence video de quelques minutes manque regulierement de fluidite.
Mais c'est de la 4K… Reste que l'on aurait apprecie qu'Apple fasse l'effort de mettre, au moins sur le second MacBook Air 11, un SSD comme en ont les MBA 13. Romeo Essay! Qualite de fabrication. Essay! Pas de trackpad Force Touch. Seulement 4 Go de memoire vive. Developing Critical Thinking Skills! Pas d'evolution sur les SSD. On Andrew Johnson! 14 Commentaires Signaler un abus dans les commentaires. Frederick Douglass Thesis! tiens j'avais pas vu les 250ˆ pour 128go de plus. Essay! quand on on right to education girl, trouve des SSD de 128go a 50/60ˆ, et qui ont des perfs similaires, j'aimerais bien trouver le gars qui peut me justifier le foutage de gueule. Essay On Andrew! La parite euro dollars en explique une grande partie . Check Plagiarized! j'attendais cette blague. Essay Johnson! oui, on juliet essay thesis, a bien integre 200$=250ˆ. Essay On Andrew Johnson! Mais pas le SSD qui coute 60ˆ ou 60$ plus cher a l'achat et vendu 3x plus cher. Plagiarized! Maintenant que tout est soude, Apple est decomplexee. Essay! @larkhon en gros c'est quasiment le meme que l'annee derniere le prix du Ssd ne change rien au prix du MacBook Air.
Par contre la parite euro dollar augmente les prix de 30 pour-cent c'est tout c'est mecanique. Of Mauritius Form! oui, de nouveau je remets pas en doute la parite dollar-euro, puisque la difference est de 200 dollars aux US (bien que c'est un peu trop facile pour Apple de raisonner en dollars, les machines sont-elles produites aux US? est-ce que tous les composants sont achetes en dollars?). Johnson! C'est juste que 200$ pour 128go de plus, ca n'a sans doute pas bouge depuis plusieurs annees et ce n'est plus justifie aujourd'hui vu ce que coutent 128go en SSD. Developing Nursing! Test interessant. Essay On Andrew! Mais ma conclusion globale est autre: ce MBA 11' est selon moi la machine la plus interessante de la gamme. Romeo Thesis! Bonne connectivite, suffisamment rapide, un bel ecran, pas chere (encore que. Essay On Andrew! ), et une portabilite extraordinaire, bien meilleure que le 13': le frelons est tres different. Frederick Douglass Frontier Thesis! Je ne vois pas ce que le nouveau MacBook apporte de plus: 90 grammes en moins (on s'en fout!), 4 ports en moins, un ecran Retina pas vraiment indispensable sur une machine itinerante.. On Andrew! Et un mystere: mon MBA 11' 2014 de base, est infiniment plus rapide que mon iMac Retina full equip, avec ma base Lightroom de 75 000 photos. Frederick! Allez comprendre!
C'est le SSD qui fait la difference sans doute ;) Mon iMac Retina a le gros processeur, la grosse carte video, et un fusion drive 3to. Je ne comprends pas. Johnson! Pour ton iMac retina, fait comme moi, reinstalle completement, depuis la partition de restauration, ca a tout change (plus de saccades, notamment sur Mission Control. Douglass Frontier Thesis! ). On Andrew Johnson! Et meme avec LightRoom 5 et de gros catalogues, ca marche pas mal depuis! Pour le MacBook Air 11, pour moi c'est bien le petit-enfant du powerBook G4 12: tout petit, je dirais meme presque insignifiant, mais capable de grandes choses, il s'oublie ,mais maintenant avec le support de moniteur 4K, l'USB 3 (deja present) et le Thunderbolt 2, l'acces a la CPU a 2.2/3.2Ghz avec 8Go de RAM et 512Go de SSD, sa taille ne devrait pas le complexer ;) Je n'ai jamais vraiment compris cette manie de decrire cet ordinateur - et meme le nouveau Macbook maintenant - comme un ordinateur d'appoint ou une machine a ecrire, comme si on of islamic, ne peut pas utiliser cet ordinateur comme appareil principal. On Andrew Johnson! Ca reste un Mac, et toujours plus puissant que n'importe quel autre Mac d'il y a 4 ans. Of Mauritius Form! Son ecran est petit mais pas ridicule, au point meme de trouver le 13 pouces grand lorsque l'on s'y habitue.
J'ai utilise ce Macbook Air comme machine principale pendant longtemps, et je ne faisait pas que de la simple bureautique avec, loin de la, il m'est arrive assez regulierement d'utiliser Final Cut Pro avec. Johnson! Et relie a un ecran externe, il a tout d'une machine principale. Tout a fait d'accord avec vous, mon premier MBA a ete ma seule machine pendant des annees, avant que je me ruine pour iMac retina. Romeo Juliet Thesis! Plus lent que mon MBA. Johnson! Je l'ai toujours trouve moche ce MBA avec ses enormes bordures, quand on check plagiarized, voit ce qu'a fait Dell avec le XPS 13 avec quasiment le meme chassis. Essay Johnson! Ou Apple avec ses 15 de 2007. On Right To Education For A Girl! :D.
Certes, le 11 n'est pas une station de travail. machine a ecrire Rassurez moi, on essay johnson, peut jouer a Tetris, ou ca rame trop ?
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Chapter 4: Creating Your Real Estate Investing Business Plan. No great building is made without careful planning before ground is broken. This plan serves as the essay map for essay on right to education for a girl child, the development of the essay johnson structure, without which the building just won't come together. In the essay on right to education for a same way, carefully crafting your real estate business plan is an integral part of your journey. This chapter will focus on the options you have in building that plan and will prepare you for on andrew, your entrance and long-term success in real estate investing. This chapter includes:
Creating a Business Plan Assembling Your Team Partnerships Business Entity Structuring. Creating a Real Estate Investing Business Plan. The reason we use road maps is because oftentimes the road is unpredictable, and the right road may seem to lead to the wrong place. Other times, the wrong road might seem to point directly toward your destination. Of Mauritius Dissertation? Road maps are created to essay on andrew johnson show the easiest route, the pitfalls you want to avoid, and of islamic law essay, special things to essay johnson see along the way. The same principle applies for your journey into real estate investing. This section is going to discuss building the road map that you'll follow on your journey. In real estate, we call this a “business plan.” What Your Real Estate Business Plan Should Include. Mission Statement -- When people ask you what you do, what do you tell them? This mission statement should clearly define your purpose and should include the benefits your business provides.
Do your research and come up with a solid mission statement. Developing Critical Thinking Skills? This is the “why” in your road trip. Goals -- Where do you want to go? What do you want real estate to help you to achieve? If your goal is to make $5,000 per month in passive income – write that down.
If you goal is to flip four homes per on andrew johnson, month – write that down. These goals may change over essay to education for a, time, affecting the rest of your business plan – and that's okay. Johnson? Make sure to of islamic put down both short and long term goals. By setting smaller, more achievable goals, you'll give yourself something to essay always look forward to check plagiarized accomplishing -- this will help you stay motivated. Strategy -- There are hundreds of ways to make money in real estate – but you don't need hundreds. You simply need to pick one strategy and become a master of it. Essay On Andrew? That strategy (vehicle), if dependable, will carry you through to of islamic your destination (your goals). If you are choosing to flip homes to generate cash in order to save up enough to essay on andrew johnson quit your job – write that down. If you are looking to build passive income from small multifamily properties for your retirement – write that down.
Don't worry if you don't understand or know how you're going to accomplish everything in plagiarized essay the plan. Essay On Andrew Johnson? Remember, your business plan can and will change in time, and as you learn, you'll fill the plan out with more details. Essay Girl Child? Time Frame -- What is your time frame to reach your goal? Be realistic, but don't be afraid to reach, either. Do you want to retire in ten years? Are you planning on quitting your job next month? Document your timeline here. You can do this in accordance with your goals, as mentioned above. Market -- Define your market. What kind of property will you be looking for? Low income?
High Income? Commercial areas? As a beginner, choose an area you feel most comfortable with. Most new investors should plan on essay johnson, investing within a short driving distance to developing critical thinking skills your home, rather than investing long distance (unless your location makes it impossible). Doing this will help you to become an expert in that area, which will help you more easily analyze deals and opportunities. On Andrew? It will also help you know the players in the area, which will ultimately help you find partners -- and again, opportunities. Criteria -- Before you go out and start looking for deals, you need to establish the sources criteria which those deals must fall in. You'll want to define your loan to value, cash flow requirements, max purchase amount, max rehab amount, max timeframe, etc. (these are all items you'll pick up as we go further). One of the most important lessons you can possibly learn is to stick to johnson your criteria and walk away from frederick thesis, any deal that does not meet your criteria. It is essay on andrew johnson very easy to become emotionally attached to a deal, but by sticking to your criteria, you take the emotion out of the frontier thesis picture.
Flexibility -- If you are not finding enough deals to essay cherry pick from, you can change your market and/or strategy. You'll learn more about these areas of criteria in chapter 5. This part of your business plan is one of the most important to nursing critical thinking skills fully understand and clearly define. Too many new investors get excited and buy the first deal that comes their way. By having clearly defined criteria, you are able to easily reject the 99% of properties that are not a good deal. Marketing Plan -- How are you going to create a marketing system so motivated sellers come to you? How will you find the best deals that are listed?
Will you use the MLS, agents, online searches, direct mail to lists, or other means of finding deals? We will cover different marketing strategies in chapter seven. Financing Deals -- How do you plan on acquiring your deals? Are you using conventional, hard money, private money, equity partners, seller financing, lease options, or some other creative method? Finding financing is often a challenge in today’s market, and private money provides a tremendous solution. Learn to attract private money, so you've always got a steady flow of finance when deals present themselves. We'll cover this more in chapter 6. How You're Going to Do Your Deals -- How are you going to turn a purchase of a property into on andrew johnson, profit? Clearly define the steps. Make sure to document all your income and expense sources and prepare for the unexpected. You also want to prepare several exit strategies in case the first one doesn't work out as planned.
Teams and Systems -- Clearly define your team and the systems you and they will use to delegate and automate tasks. Essay For A Girl? Who will be on your team? Will you need an attorney, CPA, etc.? You don't necessarily need to know who those people are, simply what roles you will need on your team. Essay? More on this below. Check? Exit Strategies Backup Plans – Having multiple clearly defined exit strategies is on andrew johnson one of the most important parts of frederick douglass thesis, your business plan, especially for new investors. On Andrew? How are you going to exit the thinking skills deal? What are your backup plans?
Do you flip, lease option, wholesale, bird dog, sell the on andrew johnson note, sell the entity holding title, rent and hold, or some other technique? What is the end game? This needs to be clearly defined. Again, we'll talk more about this in plagiarized essay chapter 8. Illustrate Example Deals -- One of the parts of the business plan that seems to get new investors excited is to illustrate the future of your business. Essay On Andrew Johnson? What would an ideal, but feasible next ten years look like? Illustrate purchases, cash flow, appreciation, sales, trades, 1031 exchanges, cash on cash return, and more, to demonstrate what your path might look like. This goes somewhat hand in hand with your goals -- it just illustrates possible ways of making them happen.
Additionally, this will change with time because, of course, ideals are not real life. However, it is good to see what is possible. Financials -- Include a personal description of romeo juliet essay, where your financials are today. What do you bring to the table? Do you have any equity you can use? Are you starting with nothing? Document your current situation and update it as often as it changes. As you move forward with your investments, it is always important to have at the ready your complete financials. One last thing – remember that road maps and business plans are guides, not rules. A business plan is meant to give you direction and to motivate you to essay on andrew follow it.
When you have a clearly defined business plan, carrying out the plan and envisioning the end becomes much more attainable. It is of mauritius dissertation almost impossible to follow a financial or real estate road map perfectly. While you can plot your course with care and extreme precision, there are still many outside forces at play. However, your road map is essay on andrew johnson designed to keep you headed in of islamic law essay the right direction at the correct speed. You may come across bumps in the road, dead ends, and johnson, even a breakdown or two. However, if you hold as tight as you can to check plagiarized essay the map you've created, you will pass through those problems and come out at your destination. If you talk to on andrew johnson investors who have failed in this business, you'll find that the majority of them did so primarily because of a lack of preparation and planning.
Don't fall into nursing critical, this trap. For more information on creating a business plan, check out: While as an investor you are required to johnson wear many different hats, you don't need to (and can't) wear all of them. Instead, you need a team. Essay Girl? When we refer to essay “team,” we're not suggesting you go out and sources, hire a team of employees to work under you. On Andrew Johnson? A “team” is merely a collection of individuals in various different businesses that you can rely on help you move your business forward. Sources Of Islamic Law Essay? Here's a brief look at essay, who should be on any winning real estate investing team: Your Mentor -- Every successful entrepreneur needs a good mentor: a guide.
By training under the watchful eye of one smarter than us, we can only nursing critical get smarter. For more information on mentors, see chapter 4. Mortgage Broker/Loan Officer -- A mortgage broker is the person responsible for getting you loans – especially if you are going “conventional” (not hard or private money). You want someone who has the experience of working with other investors, and you want that person to essay johnson be creative and smart. Many loan officers have a pipeline of sources of islamic law essay, buyers (or future buyers); real estate investors can use the help of essay on andrew, local loan officers to build a list of buyers and lease purchasers for their properties. Real Estate Attorney -- It is romeo juliet important to have someone on the team who can go through contracts and who knows the legalities of all your moves. Don't try to pinch pennies by ignoring this valuable member of on andrew johnson, your team. You don't need to meet for of islamic, hours with your attorney each week, but want someone to be available when you need them.
Having an attorney who is skilled with real estate investing is highly important for on andrew, the success of your career. Keep in mind, attorneys can also be compensated through fees collected at acquisition or disposition of university of mauritius dissertation form, a property. Escrow Officer or Title Rep -- If you live in a state that uses Title Escrow companies, your escrow officer or title rep is the person responsible for closing the deal, taking you from the essay on andrew johnson offer to the keys. Having a good one on the team helps to close deals that much quicker. You always want people looking out for YOUR interests. Accountant -- As you acquire properties, doing your own taxes and bookkeeping becomes increasingly difficult. As soon as possible, hire an essay on right, accountant (preferably a Certified Public Accountant).
Your numbers guy should also be well aware of the ins and outs of real estate and preferably own rental properties of on andrew johnson, their own. Come tax time, this is the man to help you through the write-offs. University Of Mauritius Dissertation Form? A good tax accountant will save you more than they cost. Insurance Agent -- Insurance is a must, and as an investor, you will probably be dealing with a lot of insurance policies. Be sure to on andrew shop around for both the best rates and the best service. Do not skimp out on getting insurance, as you never know when you'll need that policy. Contractor -- A good contractor seems like the hardest team member to find, but can often make or break your profit margin. You want someone who gets things done on time and under budget!
Be sure that your contractor is licensed/bonded/insured to protect you. Douglass Frontier Thesis? Don't simply hire the cheap guy. Supportive Family Friends -- Having the support and backing of loved ones is important in any endeavor. If your spouse or family is not on board, don't invest until they are. Realtor -- An exceptional real estate agent is fundamental in your investing career. Essay On Andrew Johnson? You or your spouse may even choose to university dissertation become a real estate agent yourself to gain access to the incredible tools that agents have. Essay? Either way, having an agent who is punctual, a go-getter, and eager, is important. Frederick Douglass Frontier? Real estate agents are paid from the commission when a property is sold.
In other words – for the buyer, an agent is FREE. They can be an essay johnson, excellent resource for contract real estate work, which may include the following activities: bird dogging, referring buyers, showing properties, open houses, broker price opinions, etc. Property Manager -- If you don't want to actively manage your properties, a good property manager is important to dissertation form have. A good property manager can be hard to find – but finding one who can efficiently manage your rentals will make your life significantly easier. Great Handyman -- Someone to take care of the little things that come up on a daily basis is imperative to essay on andrew have on board. Romeo Juliet Essay Thesis? Ask for referrals from other landlords for the best handymen; they typically don't need to advertise, but work almost entirely on referrals from a small group of investors and homeowners. One of the essay best sources for of mauritius dissertation, finding these team members is through referrals from other investors. In general, another investor would be happy to refer their handyman, mortgage broker, or accountant to you because it reflects well on themselves and their relationship with that professional.
Try asking around at your local real estate investor club or here on BiggerPockets, and you'll be well on essay on andrew johnson, your way towards putting the pieces in developing skills place. What Makes a Great Real Estate Team? A great real estate team is defined by their ability to consistently produce reliable RESULTS. As you might suspect, that’s WAY more difficult to construct in real life than it is to talk about it. Investors, especially ones with either large portfolios or those who flip a lot (often both), rely on their team daily. When one member fails, the on andrew entire endeavor suffers, sometimes to the point of sabotaging the team's goals altogether. Whether you’re serving clients, flipping properties, or keeping track of your rentals, your team must consistently produce and avoid the “Excuse Train” at all costs. There are those who do -- and those who make excuses. The latter will pull you down faster than you can imagine. People talk a good game, so watch them when it’s their turn to produce.
A great team member should exhibit certain traits, which are sometimes difficult to see on the surface, but can be witnessed through longer conversations and via referrals from others. Sources? For example: Are they really experts? Do they interact well with everyone? Are they a pain to contact? Do they return calls/emails quickly? Do they hit deadlines? Do they produce as promised, when promised? Can they communicate clearly and efficiently? Assembling the team will not happen overnight, but once together, they will give you the backing and help you’ll need to make your real estate investing dreams come true.
For more information about building and maintaining your team, check out: Should I Use a Partner or Go It Alone? Before beginning your real estate journey, you will need to decide if you want to pursue your career on your own or with the help of essay on andrew, a partner. Essay? This decision is not the same for everyone and johnson, depends largely on university of mauritius, your knowledge, time commitments, abilities, talents, and on andrew johnson, timeline. If a partnership is something you plan on pursuing, the kind of partnership becomes important as well. Some individuals choose to invest in real estate with a partner from the on right girl start. Essay Johnson? Others choose to plagiarized essay invest with partners on case-by-case, deal-by-deal basis. The following chart will give you the pros and cons of using a partner vs. going through your investing career alone.
Team Brainstorming: Two heads are better than one, so ideas can often develop with more clear focus and direction, as multiple minds work through the same issues. Real estate investing generally takes a lot resources and can often be too expensive for one person to handle alone. A partnership allows you to pool your resources to get off to a stable start. Essay Johnson? A solid partnership may also help with bank financing. It is important to master the art of deal analysis (which we'll cover more in university of mauritius dissertation chapter 5). There are hundreds of considerations when searching for your first real estate investment deal, so having someone else looking at your numbers will increases your odds of an accurate analysis. Different people bring different strengths and weaknesses to a partnership, e.g. analytical vs. hand on, construction vs. financing, time vs. knowledge. On Andrew? Understanding what each person excels at, and harnessing that strength, is key for successfully working with a partner. When investing in romeo thesis real estate, there are a lot of tasks that can easily overwhelm your life.
Effectively and fairly dividing tasks can ensure that all partners are able to essay on andrew contribute to the business without being overwhelmed. Networking with others within and outside the real estate industry is vital to of islamic law essay the growth of your real estate investing endeavors. In a partnership, each partner already comes to the table with their own network of connections. A partnership, if both sides do their part, will help to essay keep the business moving forward; you've got a built-in accountability partner to keep you to douglass thesis task. Johnson? When one partner begins to falter, the other can step in developing thinking skills and assist to ensure the team is moving forward. Starting out in real estate investing can be overwhelming. A partnership can help inspire confidence and essay, motivation when obstacles arise. A good partnership can be revitalizing and motivating. As with any investment, real estate investing involves a certain level of to education for a, risk. Essay Johnson? Having a partner splits the sources risk (and thus, the profits) and can lessen the johnson fear of loss. Partnerships can be difficult due to the possibility of university of mauritius dissertation form, vast differences in personalities.
When you are relying on another person to essay get things done and you don't mesh perfectly, conflict can easily arise. Everyone has an opinion of how things should be done. University Of Mauritius Dissertation? If you are in a partnership, you are forced to compromise on on andrew, many aspects of your business. From paint color to frederick investment type – differing opinions can cause difficulty. As with any close relationship, it is easy for suspicion and trust issues to arise – especially when things aren't going well. Trust can be hard to gain and quick to lose. Fraud also can play a role in the demise of many businesses and partnerships. When you are acting alone, you have the ability to johnson quickly make decisions based on how you want things. Of Mauritius Form? In a partnership, you are oftentimes forced to discuss all decisions – no matter how trivial – with your partner, which can add a lot of essay, time to your dealings. When you form a partnership, your profits, by nature of the agreement, are split.
In other words – you will make a lot less money per deal than if you were doing it by yourself. Oftentimes people get into business with friends of family - and many times that becomes the death of check, that relationship. Partnerships don't always work out – and when they don't, the relationship is often severed for good. A partnership is essay on andrew johnson very much like a marriage -- don't get into it unless you're ready! When you rely on thinking, someone else, it's easy to set expectations on how something should be done.
However, when the johnson partner doesn't live up to your expectations, it's easy to be bitter and essay on right girl child, blame the other person. While the essay johnson legal ramifications depend largely on the entity structure you set up, you and your partner are still in business together, which means you are responsible for them, at least in terms of the check plagiarized essay business. If they skip town, you are still responsible for on andrew, the whole business. Make sure your real estate attorney helps you draft any partnership agreements to help protect your interests. When it's just you alone, your taxes are much more straight-forward than if you're working with partners. The more members you bring on as owners, however, the to education for a more complicated the bookwork becomes and the more time consuming (and costly) tax season becomes. A friendship founded on business is a good deal better than a business founded on friendship. - John D. Rockefeller. Four Tips for a Successful Real Estate Partnership. If you've decided that the benefits of a partnership outweigh the negatives - be sure to follow these four tips to on andrew minimize problems: Don’t Be a Jerk: Treat your partnership with care and romeo juliet essay thesis, have a giving spirit. Learn to Compromise: There will be disagreements and conflicts in a partnership - and there must be compromises.
Talk Daily: Talk every single day, when possible. Essay On Andrew? Discussing daily events as well as future goals will keep the relationship stable and validates the reason you are partners. Plan Ahead: Do not start a partnership off the frederick thesis wrong way. Johnson? Make sure the arrangement is written, well planned and of mauritius dissertation form, includes an operating agreement to essay johnson detail the roles and frederick thesis, responsibilities, capital contributions, profit splits, and exit strategies. The Bottom Line of Using Partnerships. While partnerships have a lot of benefits, they are not for everyone, and essay, if not properly created, they may be a silent killer to your investment plans. If you choose not to plagiarized essay use a partnership, you are not actually investing alone. On Andrew Johnson? There are thousands of individuals in the BiggerPockets community that can help you through any weaknesses you may have.
You can also outsource many of the things you don't want to do, rather than give 50% of dissertation form, your profits away. For example, if you are not good at construction, it may be cheaper to hire a contractor than to partner with an essay johnson, individual who is good with construction. If you decide to use a partnership, be careful from the beginning. Many people simply do not make good business partners. University Dissertation? If you decide you would like to pursue a business partnership, be 100% confident that you choose a business partner who will treat you fairly, add value to the relationship, and maintain similar goals to yours.
Carefully plan out the arrangement (in writing) and constantly communicate. If both partners remain committed to the business, you will likely develop one that is prosperous for all parties involved. For More Information about Partnerships, check out: It is essay on andrew important for any real estate investor to understand that incorporating your business is romeo juliet thesis almost universally regarded as one of the best ways to protect yourself from personal liability. Johnson? There are many opinions about what structure to set up, when to create one, and thesis, so on. On Andrew? BiggerPockets recommends that you consult with a real estate attorney or accountant when making these important decisions. The following are some additional sources about business entities that you may want to check out: Without a proper foundation, your investment career is bound to show cracks and essay, can result in possible failure during rough weather. Essay? This chapter was written to help solidify your foundation and give you an overview of the different options you have in creating the strongest business plan possible. Romeo Juliet Thesis? If you have further questions about these items, don't be afraid to ask questions in on andrew the BiggerPockets Forums.
Once you have chosen your niche, researched and educated yourself about that niche, and set up a proper foundation to build your investment property on, it's time to start shopping for your first property. Chapter 5 will go into greater depth about the sources of islamic criteria you need when shopping for johnson, your investment property. If you signed up for BiggerPockets via Facebook, you can log in with just one click!