by Jefferson Hennessy
Have you been searching for a more lucrative path toward making money? Is your current job causing you to dread going to work in the morning? If that's the case, you should consider altering your career path toward becoming a real estate investor.
Thousands of ordinary people who were looking for a more fulfilling life style have become real estate investors, and many have become millionaires. It's not difficult to learn how to invest in real estate, but that doesn't mean it's really easy to become a highly successful investor. This article will give you a few tips about how to get going.
The first task you have to accomplish if you want to be a real estate investor is to assess your current financial situation. Answer the following three questions honestly before diving into the real estate industry. Do you have a good credit rating? If not, you need to fix your credit rating. Are you able to borrow the money you need to buy homes, and make needed repairs if necessary? Will you be able to deal with the added stress of juggling your current job with moving toward full-time investing? Do you have the time to be a real estate investor?
Those are all tough questions for some people, no doubt, but many determined people have made the transition successfully to real estate investor.
If the questions above didn't give you the willies and frighten you away from the idea that being a real estate investor is the right road for you to follow, then the next best approach for you is to research the industry to get a better understanding of the home purchasing process. Study your local real estate market. Learn as much as you can about being a real estate investor before taking the plunge. Learn how money makes money. Learn the biggest negatives of investing, and what pitfalls other beginners have experienced. Everything you learn about real estate investing during this initial research process will help you father down the road as your career progresses. Adopt the positive attitude that says there is no such thing as pointless research.
When you think you're ready to begin investing, move forward cautiously. Use all of your new investment research resources to minimize any financial risk you may need to take to purchase your first property. If you get off to a good start, that's the best way to help you stay optimistic when you get too ambitious on your next project and everything doesn't go as planned. Make your first project as much of a "low risk" as possible. Don't allow your first purchase to be a huge project that promises to make you a fortune. Take your time, and simply try to make a modest profit. Quite often, when we try to take our life in a new direction we get in a hurry and make costly mistakes. Just get your feet wet first, then see where things stand.
Also, before you start your first investment project, decide which type of real estate market you want to focus on. For example, will you buy foreclosures, repair them if needed, and then resell them? Foreclosed properties are a hot investment market right now - unfortunately. Or will you buy properties to rent? Or are you interested in long-term speculation properties that may pay off big farther down the road, like buying a few acres of farmland that is expected to be surrounded by commercial development in the near future.
Moving your career path in the direction of becoming a real estate investor could be the best road to financial success that you will ever travel. There's a lot of cash to be made in real estate, and it is up to you to figure out how to get your eager hands on some of it. Your real estate investor career change may seem like a bit of a risk in the beginning, but if don't get too ambitious before you understand this new game your playing, the financial and personal rewards will be well worth it.
About the Author
Jefferson Hennessy is a feature article journalist, Webmaster, article marketer and real estate investor. Now you can learn how to make a fortune in today's crazy market from the perspective of a millionaire with 20 years of real estate investing experience: http://www.realestate-millionaire.com
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San Francisco is probably the most well-known city in northern California, and offers a wide range of activities for visitors to enjoy. From trolley cars to Ghirardelli chocolate and onto Pier 39, there's no limit to the amount of fun to be had in this cosmopolitan city. With shopping galore, sea lions down on the beach, restaurants enough to satisfy even the most varied of taste buds, and history that includes earthquakes and the infamous Alcatraz prison.
If you’re looking for a more peaceful trip to the area, Yosemite National Park offers something for the inner nature lover in all of us. Whether you want to enjoy the scenery from a hotel room window or camp out in a tent to enjoy nature up front and personal, you'll find what you're looking for at Yosemite. Even farther up north is the amazing Redwood National Park, with its gigantic trees and serene atmosphere. Here you’ll gain not only a true appreciation for the beauty and diversity of this world, but will also find a new perspective on life!
It’s not really possible to mention northern Californian highlights without mentioning the Napa Valley area. For the wine aficionados of the world, Napa Valley is heaven on earth. There are wine tasting parties and open houses almost year-round – just make sure to call ahead or check on the Internet to see what the latest information is. The Napa Valley also has some amazing landscapes to appreciate.
For history buffs, the northern California is a gold mine of Spanish missions, gold rush exhibits, and railroad museums. If you're interested in how California evolved into to what it is today, you'll love exploring all of the museums and exhibits dedicated to this time period.
Whatever you’re looking for in a vacation, whether it’s wild nights or wildlife, or high living or high summits, you’re sure to find it in beautiful northern California.
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There isn’t an entrance fee to this national park, nor is there an entrance station from the highway, so make sure that you call into the Redwood Information Center in nearby Orick, or the headquarters in Crescent City before entering the park. The information center also shows a short introduction to the park so you know what you’re looking at when you get there, and you can obtain a permit there to enter the gated Tall Trees Grove area inside the park – only a limited number of car permits are allowed each day so if you want to take the opportunity to admire the tallest trees in the world, a short detour to the Information Center before you enter the park is a must! Be warned however, this trip takes about 4 hours to complete and some of it is on a slow-speed dirt road so make sure your vehicle’s up to the challenge before setting off into the grove!
Hiking the Redwood National Park is possible but again, you’ll need a permit to be in the Tall Tree Grove area, and there are times of the year when hikers aren’t allowed in this area because of the footbridges across the creek being inaccessible. Another way to enjoy this beautiful part of upstate California is on horseback with riding trails being offered locally.
The Redwood National Park is one of America’s natural gems and is extremely protected. It’s also well worth the effort of experiencing these magnificent trees up close if you are lucky enough to be able to do so.
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Despite it’s reputation for being a star-magnet, Malibu tends to be a secluded town—many celebrities make their home, or weekend retreat, in Malibu, and the privacy of those stars is well protected with gated areas that only the lucky few with personal invitations can get through – as long as you walk below the high tide line however, you can walk the beaches in front of many of the homes belonging to the rich and famous! Some of the beaches are private however, including some nudist beaches, but these beaches are in secluded locations. If you want to check out the Hollywood scene and perhaps rub shoulders with the rich and famous in an informal setting, you'll find that Malibu is a great the place to go – you never know who you might bump into on the beach!
Although Malibu isn’t a place to find attractions and theme parks, it is a place where you can enjoy some of the finest coastal views that the world offers, and the area is not without a few highlights – including the Malibu Pier which was damaged by storm, but has now been restored, and the Sierra Retreat with it’s beautiful gardens.
Because of the strict parking laws enforced in Malibu, it may be worth paying a little extra for an accommodation nearer the beach if you’re just there for the sun and surf and leave the car hire for tourists who aren’t so well-informed!
With stunning ocean views, and endless sun-filled golden beaches, Malibu is the ultimate beach vacation – and the possibility of bronzing up next to a celebrity just add to the fun of a relaxing vacation.
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Once a part of the seedier side of LA, Hollywood Boulevard has had something of a face lift in recent years and there are now a number of interesting places worth taking a look at, as well as a modern mall which provides some relief from the California heat, as well as allowing a little retail therapy to help take your attention away from your tired feet having walked around the Boulevard! Movie lovers will have a great time at the Hollywood Museum on Highland Avenue – here they’ll find not only props and posters, but exhibits such as the Hannibal Lector’s cell from the “Silence of the Lambs”. If you prefer your exhibits to be a little more interactive and educational however, walk a little further on past the Hollywood Roosevelt Hotel and you’ll find the Hollywood Entertainment Museum which has, amongst other things, a backlot tour.
For those visitors who want to see the home of “Oscar”, as well as the “Hollywood” sign, Hollywood & Highland is the place to be. Here you’ll find the familiar building of the Kodak Theatre which is the current Academy Award venue, as well as an archway through which to admire the “Hollywood” sign in the distance.
There are a number of smaller museums which offer a taste of Hollywood’s past as well as the celebrities who made it famous so make sure that the first stop you make is at the Visitor’s Information Center so that you don’t miss anything on your walk down one of the world’s most famous Boulevards.