Raleigh-Durham Real Estate by Tiffany Elder

员工可以跳槽，老板只能跳楼

2012-05-29T16:05:00.000-07:00

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假如把企业的高层管理者比作"脑袋"，

那么中层管理者就是"腰"，腰不好，领导就头大。

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==========中坚力量6堂课==========

2012年6月09-10日北京

2012年6月16-17日深圳

2012年6月29-30日上海

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假如把员工队伍比做球队，中层管理者相当于二传手，

一个好的二传手，死球可变成活球；二传手不到位，好球也要变成臭球。

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会务组织：一六八培训网

课程费用：4800元/两天，买一送一，不再打折，单独一人收费3600元。（包括资料费、午餐及上下午茶点等）

授课对象：企业副总、各部门经理、主管、各级中层管理人员、新提拔的、从专业人才转型
到管理的、进一步想提高管理绩效的、晋升到高层管理以及其它预备管理人员

联系电话：O755-86154193 86154194 陈先生、周先生
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【培训专家】
薛灿宏
著名管理培训专家
清华大学总裁班特聘讲师
北京时代光华讲师团团长
中国职业经理人协会理事
中国职业经理人培训学院客座教授
曾任北京时代光华讲师资源中心总经理
现任红豆集团管理顾问
现任江苏科行集团管理顾问
现任金方略管理顾问机构董事长
培训企业：万达集团、三一集团、高露洁、中建五局、华北油田、红豆集团、海信集团、远
东集团、厦门象屿集团、扬子江药业、华润集团、报喜鸟、泰尔茂（日资）、山西经纬纺机、
三得利啤酒、青岛联通、贵州工商银行、浙江横店集团、淮阴卷烟厂、成都明珠集团、芜湖
邮政局、南方电网、长城润滑油、三星电子、山东杏林学院、桂林供电局、常州中国银行、
天士力药业、无锡交通实业总公司、中电集团、安徽交通集团、广州云星房地产、江苏光芒
集团、中国电力科学研究院…… 等。
著有《中层经理怎样当》（经济日报出版社），《中层变革》（北京大学出版社，光盘），
《执掌团队》（经济日报出版社）。
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【为什么要培训6堂课？】
当今中国企业的中层干部，很多是半路出家。原先是业务骨干、技术能手，后来时势造
化被推到"管理"这个位置，从业务一把好手，到承上启下、带领一帮人把一摊子事情做好，
这个角色转换并不容易。
对薛灿宏老师，我和我的中层干部都不陌生，听他的课程好几年了。他培训的最大特点
就是务实。薛灿宏老师不拘泥于中层干部所面临的"事"，更多谈了中层干部所面临的"人"，
上司是人，同僚是人，下属也是人，中层干部整天就是跟人打交道；做事是基础，为人是根本，
做事的本领再强，但为人失败，是中层干部最大的失败。
薛灿宏老师的课程，讲述了一些职场潜规则。潜规则不是公司制度里所能找到的，也绝非
大学课堂里讲授的，摸清潜规则，并按潜规则做事、为人，才有可能让上司赏识你，同僚配合你，
下属尊重你，你的职场生涯才能顺利发展，否则，即使干劲冲天，也有可能里外不讨好、四面楚歌。
我们需要怎样的中层干部？这个课程给出了答案。
――远东集团董事长蒋锡培为《中层经理怎样当》序
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【课程大纲】
第一堂课明确自己在企业的定位
1.企业的汉堡结构（高层要有决策力，基层要有行动力，中层需要执行力）
2.为什么会有中层（什么叫执行力？三个字：做到位）
3.中层的三大难关（上司认可、同僚支持、下属推崇）
4.中层的两大罪过（群众领袖、小国之君）
5.中层的一大软肋：推卸责任（员工可以跳槽，老板只能跳楼）
6.中层不同阶段的定位（做经理、坐经理、作经理）
案例讨论：⑴领导责骂，下属嘲讽，中层"夹板气"是怎么造成的？
⑵我这个人力资源部经理，怎么就吃力不讨好？

第二堂课如何得到领导认可
1.领导都是对的：坚决执行（与领导的意见不一致时，第一服从，第二沟通）
2.不议论领导是非：承上启下（而不仅仅上传下达，更不能欺上瞒下）
3.维护领导威信：自我退后（长用者多批评，短用者多表扬）
4.用数字说话：结果至上（汇报工作谈结果，请示工作说方案）
5.请领导做选择题：勤于思考（问答题永远留给自己）
6.让领导做好人：勇于担当（没有坏人就没有好人，没有坏人就没有执行力）
案例讨论：⑶处处小心，还是屡屡受挫，我一个空降新经理如何是好？
⑷员工罢工，老板发怒，我一个中层干部怎么办？

第三堂课如何进行跨部门协作
1.惜缘：因为看法不同，所以必有冲突（没有冲突就没有改善）
2.尊重：面子第一，道理第二（面子决定好感，好感决定成败）
3.内敛：高调做事，低调做人（孙悟空是不是好经理？）
4.克己：让于名利，无欲则刚（勤奋做事，简单做人）
5.助人：予人玫瑰，手有余香（妥协、忍让、隐藏，是优秀职业经理人必不可少的素养）
案例讨论：
⑸协作不力，如何应对公司内部的派系之争？
⑹有职无权，别的部门不买我的帐，怎么办？

第四堂课如何调动下属工作热情
1.金钱激励：很重要但不唯一（不谈薪水，是愚民政策；光谈薪水，是害民政策）
2.晓之以利：弄清楚为谁而工作（与其抱怨薪水少，不如检讨岗位价值低）
3.引而不发：让他人说出你的想法（把自己的意见变成他人的意见，把他人的意见变成大家的意见）
4.多头并举：从不花钱的表扬开始（人人需要兴奋，表扬就是兴奋剂）
5.防微杜渐：一切从工作积极性出发（优秀的管理者，应该是激励高手）
案例讨论：⑺员工擅自跟客户吃饭，这笔钱该不该报销？
⑻黄金季节来了，员工闹情绪，我该怎么办？
⑼月工资800的大学生撞塌工棚使公司损失3万，如何处理？

第五堂课如何管好部门绩效
1.角色转换：做教练而不做警察（好的管理者就是好教练）
2.灌输数字：修"路"而不是修"人"（与其责怪下属太笨，不如反思为啥教不好）
3.聚焦绩效：多谈行为，少下结论（就事论事，不妄加结论，是改善员工行为的法则）
4.抓住关键：重视什么，就得到什么（程序清晰、数字明确，像麦当劳一样教员工）
5.目标管理：控制过程才能控制结果（目标绩效管理是照妖镜，是探照灯）
6.迫使进化：追求快乐，逃避痛苦（下属的素质差，不是你的错；不能提升下属的素质，是你的大错）
案例讨论：⑽临阵换将，烂摊子怎么快速出绩效？
⑾员工私捞好处，漏洞怎么堵？
⑿考核，考出员工集体围攻考核主管该怎么办？

第六堂课如何带出优秀团队
1.团队为王：做英雄还是做领袖？（管理，就是运用他人的努力实现目标）
2.讲清规则：游戏也得先说玩法（游戏规则，是为了解决公平问题、效率问题）
3.同舟共济：一起营造安全感、归属感（员工心态出现问题，是管理者的责任）
4.双管齐下：一手抓制度，一手抓文化（万达是军
队，万达是学校，万达是家庭；万达的企业文化，
把我们想说的都说了）
5.基业长青：好员工是培训出来的（培训是第二生产力）
案例讨论：⒀怎样面对"老油条下属"？
⒁怎么应对"又臭又硬"的下属？
⒂表现良好的员工身上"有味道"，怎么处理?
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本课程历时6年，不断完善，培训企业逾1000家，数万管理者受其启迪。
……………………………………………………………………………………………
从实践中来，到实践中去，一切从实际出发，很实用，这是薛灿宏老师的鲜明特点。
江苏光芒集团董事长范朝洪有理论的高度，有实战的深度，言之有据，诙谐幽默，引人入
胜，所以我们两个月里请薛老师讲了三次。
………………山西经纬纺机党委书记库冠群
古今中外，信手拈来，鲜活的案例，生动的故事，很过瘾。
………………中建五局土木工程公司总经理姚子辉
当我们打算给中层干部做培训时，对国内的培训师进行了筛选，并找来最后看好的几位培训
师的音像资料，比较以后选择了薛老师。事实证明，我们的眼光是对的。
………………厦门象屿集团人力资源部经理邓鸿雁

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参加课题：《中坚力量6堂课》SZ
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备注：
1.收到贵司报名信息后，我们将第一时间和贵司参会联系人进行确认；
2.在开课前一周，我们有专人给贵司发送参加培训的确认函，上面有培训报到指引，以及详细的上课地址和路线图；
3.此课程也可以安排企业内训，欢迎来电咨询及申请排期；
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Raleigh-Durham Investment Property Alert

2008-03-02T21:58:00.000-08:00

RALEIGH-DURHAM INVESTMENT PROPERTY ALERT

SHORT-SALE PURCHASE OPPORTUNITY…Tenant already in place!

Instant Equity + Cashflow

Visit www.tiffanyelder.com/shortsaleinvesting for more information on short-sales

Rathie, Durham NC

The 2 adjoining townhomes sold in 2007 for 147k and 151k. Close to POPULAR Brier Creek.

Other sales prices in the neighborhood reach as high as 156k. 4 year old townhome.

3 beds/2.5 baths/a[\pprox. 1400 sq ft. TENANT IN PLACE!! Lease expires October 2008

Proforma Estimates:

Purchase Price (***target shortsale price***)

$125,000.00

% Down

20%

Mortgage interest rate (blended rate)

6.50%

Amort.Period (Years)

Monthly Gross Rents (if fully occupied)

$1,000.00

Monthly Other Income

$0.00

% Property Management

Annual Homeowners Assoc. Dues (HOA) or PMI

$960.00

Annual Taxes (previous year actual)

$1,555.00

Annual Insurance Estimate

$300.00

Current occupancy

100%

Interest only financing? (y/n)

MONTHLY INCOME: (assuming full occupancy)

Rents

1,000.00

Other

0.00

TOTAL MONTHLY INCOME

1,000.00

MONTHLY EXPENSES:

Mortgage Payment

541.67

Tax and Insurance

154.58

Property Management

80.00

HOA/ Other

80.00

TOTAL MONTHLY EXPENSES

856.25

ESTIMATED MONTHLY CASHFLOW

143.75

Year 1 Cash-On-Cash Return

6.90%

Cap Rate (includes 8% vacancy and repair allowance)

6.58%

If this property fits your investment criteria, contact Tiffany while it's still available!

Tiffany Elder, MBA, Realtor

Investment Consultant / Broker Associate

Realty Executives Southpointe

tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.

Full due diligence is recommended before purchasing any investment property.

Cashflow and returns are based on financing and assumptions listed above.

Your financing for this property will depend on your creditworthiness.

These rates are for illustrative purposes only and may differ from your financing options

Limited Offer for Instant Cashflow on New Construction

2008-01-15T10:55:00.000-08:00

Hello All,

I have just received information from some of our local builders that the following builder lease-backs are now available. As many of you know, these haven't been available for a while, and when they do pop up, are often snatched up very quickly by savvy investors. These are all new construction. The Builder's monthly lease will cover your interest payment (and principle if you choose to amortize). The builder will pay all taxes, insurance and HOA fees during the time of the lease.

This is a great opportunity to walk into instant cashflow with the builder's model homes. Many of these are being built at the early phases of the neighborhood, which is prior to the builder's price increases this can mean built in equity down the line for you). Leases are 12 months on average. In addition, the builder may be open to letting you to keep furnishings used in the models at the end of the lease.

This is a perfect option for those looking for guaranteed income on rental opportunities with built-in cashflow, or anyone with 1031 exchange funds looking for a place to reinvest. In addition, if you are interested in moving into a new home in the Triangle in the next year or so, this opportunity is perfect for you.

The numbers are below. I have verified non-owner-occupied with one of my local lenders at 10% down with no mortgage insurance at 6.125% interest only. Call or email with any questions, although I don't think these will last long.

Price	Mortgage	Interest Payment @ 6.125%	Monthly Lease	Monthly Cashflow
319900	287910	$1,469.06	$1,933.00	$463.94
729900	656910	$3,351.88	$4,410.00	$1,058.12
499900	449910	$2,295.67	$3,020.00	$724.33
399900	359910	$1,836.44	$2,416.00	$579.56
419900	377910	$1,928.29	$2,537.00	$608.71
499900	449910	$2,295.67	$3,020.00	$724.33
459900	413910	$2,111.98	$2,779.00	$667.02
719900	647910	$3,305.96	$4,349.00	$1,043.04
639900	575910	$2,938.58	$3,866.00	$927.42

Tiffany Elder, MBA
Realty Executives Southpointe
phone: (919) 260-2507
fax: (866) 854-4717
www.tiffanyelder.com
tiffany@tiffanyelder.com

Raleigh-Durham leading the pack with investment oppoprtunities!

2008-01-04T19:11:00.001-08:00

Tiffany Elder, MBA
Happy New Year Fellow Investors!

I thought it appropriate to share some joy in the midst of all of the "reported" economic gloom in the US. Good news... Raleigh-Durham is weathering the storm quite well, and the hiccup in the national real estate market seems to have largely passed over this vibrant metro area.

The good news seems endless, and includes continues employment growth, and a strentghening rental market. These items are a plus for investors building portfolios in the Raleigh-Durham market.

While housing starts are down in the Northeast, West and other regions, they are up in the South. This is likely due to the positive outlook for appreciation in this region, along with affordability, an influx foreign direct investment, and local economic and employment growth. Read more on these items at:

http://www.businessweek.com/the_thread/hotproperty/archives/2007/09/rocky_market_ma.html?chan=search

Although Raleigh, Durham, Chapel Hill and surrounding areas make up what is known as the Triangle, each city is very distinct and has different norms, especially when it comes to real estate characteristics and pricing. All 3 offer VERY solid investment opportunities. Durham, however - which is home to Duke University the new Southpointe Mall Commercial District, a revitalizing downtown, and Research Triangle Park - is pulling ahead of the pack and becoming known as a great location for bargain real estate buys. Read more at:

http://images.businessweek.com/ss/07/09/0918_bargains/index_01.htm

Now if you're anything like me, there is no such thing as "too much information". I have to admit, I hoard data to a certain extent but then again, I am a techie at heart, so online research is a must in my day-to-day routine. I've gathered much of this information together for the benefit of my clients and others interested in this market. Feel free to visit www.tiffanyelder.com/TriangleMarketFAQ for a range of information and market data to round out your understanding of the area.

Once again, Happy New Year and Happy Investing!

--Tiffany
www.tiffanyelder.com

Investment Questions - 10/4/07

2007-10-04T11:13:00.001-07:00

Question 1: "I am interested in purchasing some investment property. What considerations should I keep in mind as I decide between targeting single family homes versus multi-unit (i.e. duplex, two-flat, three-flat etc.) properties?"

There are pros and cons to both single-family and multi-family rental properties:

Single Family

Pro: These properties tend to appreciate well if located in a desirable location. In addition, upon reselling the property down the line, you will likely have a much larger pool of potential buyers, which can make for a quicker sale. Keep in mind that your potential pool of buyers will include both investors and individuals who wish to use the home as their residence.

Con: A single-family home will typically have only 1 tenant (except in the case of a rooming house). This can be a drawback if the property is located in a slow-renting area, given that the exit of one tenant will result in the loss of 100% of rental income until another tenant is found.

Multi-family

Pro: A multi-family rental property has several tenants and therefore will not result in the loss of 100% of rental income when 1 tenant vacates. Often the rents on the other units will be enough to cover most, if not all of the underlying mortgage payment until a new tenant is found for the vacant unit(s).

Con: Resale of multi-family properties (3 units and up) require a larger down-payment than single-family units or duplexes. At the time of this writing, 5% down-payment residential funding is available for 1-2 unit rentals, while 15-20% is the minimum down-payment for a 3-4 unit. Any property over 4 units will require commercial funding, which is another discussion in itself.

I’ve found that many new investors find 1-2 unit rentals easier to start with given the availability of financing for these types of purchases. In the ideal case, an investor’s portfolio will have both single-family and multi-family rentals. The US tax laws have many loopholes available to property owners, one of which allows the owner of a property to sell without realizing an immediate tax hit on the gain (IRC Section 1031). This mechanism can be a strong ally in growing your investment portfolio. Leveraging this resource alongside a portfolio with easy-to-sell 1-2 unit rentals and larger multi-family properties can be a powerful resource for buy-and-hold investors.

Question 2: “A couple of friends and I have discussed pooling our funds to purchase some investment property. How should we organize ourselves to make things, such as the mortgage, taxes, and hopefully the future addition of new properties to our portfolio, go smoothly?”

I’m glad you’re considering pulling your group’s resources together to invest in real estate. Keep in mind that working with friends can make for a fun and fulfilling learning experience, or it can end a friendship, if handles inappropriately. There’s quite a bit of legwork you need to do upfront to prevent the latter. The key is to be very open with your partners up front to avoid disagreements down the line.

Discuss each of your goals to be sure these are in line. If one of you wants to flip and other wants to buy-and-hold this conversation will offer an early indication that you may not want to venture into this partnership because is unlikely your actions and expectations will line up.
Put everything in writing upfront. Ideally, you’ll speak with an attorney to set up an entity (LLC, Corporation) or a limited partnership (LP) to invest through. The operating documents for these will spell out almost everything you’ll need to know up front (roles, initial investments and other monies required form each partner) the goal of the entity, etc…
Plan your exit are the outset. Don’t leave this part undone. When will your company dissolve? What requirements does the group require before a partner can exit? Will there be penalties if a partner decides to pull out early? Given that you are pooling your money together, it might not be fair to allow partners to exit early on because if will leave the remaining partners with a heavy financial burden. How will liability and profit be split between you?
If you plan to purchase property directly into your entity (LLC or Corporation), you’ll need to speak with a commercial banker. Residential lenders will not allow a buyer to purchase a property in the name of a company, because they want to have direct recourse against the owner in the case of default. Commercial lenders will allow this (but will likely require a personal guarantee from each partner) but commercial funding typically has higher rates and higher down-payment requirements, so depending on your combined financial strength, there may a drawback to this avenue if you are just starting out.
Speak with a CPA - as a group on behalf of the entity, and also individually with your personal CPA/tax preparer. The way you set up the partnership (C-Corp, S-Corp, LLC with flow-through taxation, LLC taxed as a corporation, LP, etc…) will have a direct impact on your tax burden, so plan accordingly.

These are just a few items to consider. A lengthy and open conversation with your partners is the best place to start. Then speak with a CPA, corporate attorney (if you choose to set up an entity) and any other professionals related to your cause. This will be time consuming, but trust me, it will save a lot of headache down the line. Other than that, sharing the research and learning process with your friends can speed up the learning process and give you an outlet to share ideas and concerns with others who are on the same page, which is a benefit many individual investors don’t have. Keep me posted on your progress and good luck!

2007-09-24T10:09:00.001-07:00

Question 1: "I had plans to invest in the real estate market but lately the news stories about its poor performance has me a bit concerned. Is now a still a good time to invest in real estate?"

Real estate markets are local, so the answer to this question depends on where you live. Much of the recent press about declining real estate markets has focused on California, Florida, New York and other high-dollar locations that experienced a steep (double-digit) incline in appreciation over the past 5-6 years. Other markets, including Texas, North Carolina & Utah are still moving strong.

One thing to keep in mind is that it is always a good time to invest in real estate, you just have to adjust your investing criteria to meet what the market is doing. When most people think of investing nowadays, they think of “flipping” and “rehabbing”. This is not the only option for investors. In addition, given the current market, flipping will likely not offer as solid a return as other investing mechanisms. For example, the current trend in the US is that the market has slowed down and many of the exotic mortgage programs that prevailed only a year ago are now extinct. For investors, this presents an opportunity. Fewer qualified buyers, means less demand for housing. Less demand for housing means sellers will have to be more flexible in the price and terms they will require to sell their home. More flexibility from sellers means better deals for investors. Given that real estate is cyclical (markets typically follow 8 year cycles), buying in a buyer’s market will ensure a bargain-basement price for an asset that, over the upcoming years, will likely rebound and perform very well. In addition, many would-be new homebuyers are not able to find financing because of the mortgage market meltdown. These buyers will therefore remain renters for a while longer. This means that rental property owners will fare very well in upcoming years.

So keep in mind, not to think short-term when it comes to real estate. Given the locality and cyclical movement of real estate, you can still find very good deals that will set you up for early retirement IF you’re able to think outside the norm and learn your market.

Question 2: "I am interested in starting an investment group among my friends. Should we seek professional help to get things started? If we try to teach ourselves as we go along, what sort of 'newcomer' mistakes should we try to avoid?"

Absolutely. Unless one of the members of your group is well-versed in the type of investing you’re interested in (stock market, real estate, etc…), you will need to bring in this expertise in from the outside to lower your learning curve and get you started on the right path. A few additional points to consider:

Make sure everyone in your group is on the same page, and put all of your agreements and goals in writing. A common mistake that friends make is relying too much on their friendship in money and business matters and overlooking some of the smaller items at start-up. This is the easiest way to kill a friendship, because money matters quickly become personal when disagreements arise among friends. Visit The National Association of Investors Corporation (NAIC) website and pick up a book on the topic of starting an investment group as a first task for your group. Their tried and true advice has been used by thousands of investment groups over the years and will help to get you started on the right track.
Don’t get attached to the aesthetics of a property or stock investment if the numbers don’t work. Numbers don’t lie. No matter how much you like an investment, if your calculations show that it will not make a good investment, no amount of tweaking will fix it. Move on to the next one.
PLEASE don’t take what you read in some of the larger financial publications as gospel when it comes to investing. For example, that “gem” of a sock that no one knows about is no longer an unknown gem by the time you pick up the magazine. By then, millions of others are aware of it and the price has probably adjusted to account for this. Real estate is a bit slower to react given the time involved in a purchase, but keep the same in mind. Many of those headlines are put there to sell the magazine, and you’d probably perform just as well some of the “experts” in these publications, with your own research and that of an investment professional at your side.

Question 3: " I recently graduated and started my first job. I know that it is important to start saving and investing for the future early, but where should I focus my attention now that I am at the beginning of my career?"

Ok, I feel a long response coming, so let me get comfortable. I’m so glad you asked this question, as it is one of the concerns many recent grads have when stepping out into the real world. (I had the same concern many moons ago!) Although I typically focus my advice in the realm of real estate investing and homeownership, given the poor financial investment advice that dominates the air and television waves, I’ll make an exception for this one. Although I am not a financial advisor, some things just make good common sense, so let’s cover a few of them…

Focus is a good thing. When it comes to financial independence, however, balance is the idea to keep in mind as you start out in your career. This means not forsaking savings for investing and vice-versa. You may have heard that you should not invest until you have 6-9 months of living expenses saved in a savings or money market account. This will ensure that you have a comfortable “cushion” in the event that you are injured, lose a job or are otherwise unable to work. On the other end of the spectrum, you may have heard that you should immediately purchase a home and/or other assets at the start of your career. Given that real estate values generally go up in stable markets (like the Raleigh-Durham market has in recent years) you should jump in right away and benefit from getting in early.

In actuality, both of these extremes may leave you at a loss. Focusing only on saving 6-9 months of living expenses, can, depending on your quality of life, take you a year or more. If this is your sole focus, you will have missed out on a full year’s worth of value increase and tax write-offs in your local real estate market. (Remember, you can write off the interest portion of your home mortgage, which translates into a smaller tax bill for you at the end of the year). Plus, with the current trend of regular increases in interest rates, you’ll likely pay a higher interest rate on your mortgage (which translates into a higher payment) than you would have a year earlier. On the flip side, purchasing real estate without having some type of cushion can be considered reckless. Unless you have long-term disability insurance and at least a few months set aside, hold off on the larger purchases (this includes new car purchases and leases as well).

I commend you for getting your mind in gear to save and invest so early on. Many of your peers will undoubtedly set this aside for the later years and miss out on the benefits of starting early. Given that your case is unique to your specific situation, I advise taking on a financial advisor to keep you on track. As a matter of fact, I have an appointment with mine later today. Keep in mind that financial advisors are compensated in different ways so be sure to discuss this with them upon your initial meeting (which they will usually offer for free). In addition, following are a few quick do’s and don’s to follow as you get started:

DO:

Start to save right away. It doesn’t have to be overwhelming… $100 per month split evenly between a mutual fund investment earning the historic average of 9% per year, and a money-market account earning 5% a year will land you with over $90,000 in a mutual fund and over $40,000 in cash in 30 years. Now I’m sure everyone can find an extra $100 a month to make an extra $130,000!
Investigate some of the online lenders who offer higher-than-average savings account rates. ING Direct, Emigrant Bank and HSBC are a few that come to mind. Since these banks have few, if any brick-and-mortar locations, they pass their cost savings to you in the form of higher returns on your savings accounts. You may be able to have your savings amount automatically deducted from your check every month and sent directly to your savings account.
Interview a few financial advisors and start out during your first 3-4 months of work with the goal of saving as much as you can in a savings or money market account. This will set you up for success when you do decide to invest in larger assets (real estate included) given that these may require a small out-of-pocket expense up front.

DON’T:

Overdo it when the checks start coming in by buying flashy, non-appreciating assets like cars and other toys. These assets go down in value over time and often, individuals find themselves OWING more on the asset than the asset is actually worth down the line.
Put off purchasing a new home or investment property if you are in a market that is on a gradual upswing. Raleigh-Durham is one of these growing markets and has seen steady growth over the years. If you are in a NY, CA, FL or similar market, speak with a few real estate brokers in the area to gauge what the market is doing before diving in.
Set aside your intent to save and invest. “I’ll start next month” is an all-to-common phrase that eventually lands many of our counterparts with no savings and no assets decades down the line. Once you fall into that mantra, it’s hard to get out. Set your mind to start saving and investing TODAY, and make your investing commitment an amount that won’t be overwhelming for you. If it feels like you have to deprive yourself of something else in order to do it, you won’t maintain it, so take a close look at your finances and decide what amount works for you.

Re: Raleigh-Durham Property Alert: SOUTH DURHAM PRECONSTRUCTION FOLLOW-UP

2007-09-12T13:07:00.001-07:00

Hello all,

Thank you for the overwhelming response for the preconstruction townhomes. It's good to see that many of you act fast when you see a good deal.

I've received quite a few questions about the rental potential in the area. I just spoke with one of my property managers and she relayed the following based on another nearby townhome community in the area that went up not too long ago. She stated that demand in the area for rentals is still very solid.

2 bedroom units should rent in the $900 per month range.
The 2 bedroom unit with the additional sitting area will likely rent for an additional $50/month or so
3 bedroom units should go for at least $1000 per month, although with sufficient upgrades (hardwood, stainless steel, etc…) it might fetch an additional $50 or so

Per these numbers, I am forwarding an estimated cashflow analysis. As you can see it is a breakeven scenario. Many of you who are currently actively investing in this market already know that new construction in such a desirable area at breakeven is getting harder to find in Raleigh-Durham.

The builder is not releasing the number of investors allowed in the subdivision, and will cut off non-owner-occupant purchases when they reach their desired max. Let me know if you have an interest and I'll be sure to touch base with you to get you in on the early phases of construction while they are still available to investors.


RALEIGH-DURHAM INVESTMENT PROPERTY ALERT

www.tiffanyelder.com

PRECONSTRUCTION TOWNHOMES
LOCATED IN South. Durham / Research Triangle Park area/ 27713 zip

Proforma Estimates:
Purchase Price	$141,000.00
% Down	20.00%
Mortgage interest rate (blended rate)	6.75%
Amort.Period (Years) (if not interest only)	30
Monthly Gross Rents (if fully occupied)	$1,000.00
Monthly Other Income	$0.00
% Property Management	8.00%
Annual Homeowners Assoc. Dues (HOA)	$1,344.00
Annual Taxes (ROUGH APPROX.)	$1,613.04
Annual Insurance Estimate	$350.00
Current occupancy	0.00%
Interest only financing? (y/n)	y

MONTHLY INCOME: (assuming full occupancy)
Rents	$1,000.00
Other	$0.00
TOTAL MONTHLY INCOME	$1,000.00

MONTHLY EXPENSES:
Mortgage Payment	$634.50
Tax and Insurance	$163.59
Property Management	$80.00
HOA	$112.00
TOTAL MONTHLY EXPENSES	$990.09

ESTIMATED MONTHLY CASHFLOW	$9.91

If this property fits your investment criteria, contact Tiffany while it's still available!
it is still available!

Tiffany Elder, MBA, Realtor
Investment Consultant / Broker Associate
Realty Executives Southpointe
tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.
Full due diligence is recommended before purchasing any investment property.
Cashflow and returns are based on financing and assumptions listed above.
Your financing for this property will depend on your creditworthiness.
Pricing includes possible seller incentives and other closing costs for using their lender and attorney

Raleigh-Durham Investment Property Alert - 16 apartment units- $795k

2007-07-26T15:29:00.000-07:00

RALEIGH-DURHAM INVESTMENT PROPERTY ALERT

www.tiffanyelder.com

Photos are of interior and exterior of 1 unit

Hwy 98, Durham NC

4-4 unit renovated bldgs (16 units), All electric. 2/1, new roofs, fixtures, carpet,

appliances, vinyl and paint in most units. Transportation and shopping nearby!

Proforma Estimates:

Purchase Price

$795,000.00

% Down

20%

Mortgage interest rate(blended rate if less than 20% down)

7.70%

Amort.Period (years...if not interest only)

Monthly Gross Rents (if fully occupied)

$8,000.00

Monthly Other Income

$0.00

% Property Management

Annual HO Dues /Other Expenses

$1,080.00

Annual Taxes (previous year actual)

$5,798.00

Annual Insurance Estimate

$4,600.00

Current occupancy

Interest only financing? (y/n)

MONTHLY INCOME: (assuming full occupancy)

Rents

$8,000.00

Other

$0.00

TOTAL MONTHLY INCOME

$8,000.00

MONTHLY EXPENSES:

Mortgage Payment

$4,783.03

Tax and Insurance

$866.50

Property Management

$640.00

Vacancy and Repair Allowance

$640.00

Other (Dumpster fee and area lights)

$90.00

TOTAL MONTHLY EXPENSES

$7,019.53

ESTIMATED MONTHLY CASHFLOW

$980.47

Year 1 Cash-On-Cash Return

7.40%

Cap Rate (includes 8% vacancy and repair allowance)

7.73%

If this property fits your investment criteria, contact Tiffany while it's still available!

Tiffany Elder, MBA, Realtor

Investment Consultant / Broker Associate

Realty Executives Southpointe

tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.

Full due diligence is recommended before purchasing any investment property.

Cashflow and returns are based on financing and assumptions listed above.

Your financing for this property will depend on your creditworthiness.

Rates shown are for illustrative purposes only and may differ from your financing options

Raleigh-Durham Investment Property Alert (3 properties)

2007-07-25T01:11:00.000-07:00

Activity in the Triangle (Raleigh-Durham) market is picking up.

The following 3 properties are currently available. All 3 offer very formidable returns!

Sugarwood, Durham, NC

Ranch-styled duplex. Convenient location close to transportation and shopping

Neighborhood is a mix of single family and multifamily residences

Proforma Estimates:

Purchase Price

$151,000.00

% Down

20.00%

Mortgage interest rate (blended rate)

7.06%

Amort.Period (Years)

Monthly Gross Rents (if fully occupied)

$1,255.00

Monthly Other Income

$0.00

% Property Management

8.00%

Annual Homeowners Assoc. Dues (HOA)

$0.00

Annual Taxes (previous year actual)

$1,587.00

Annual Insurance Estimate

$600.00

Current occupancy

100.00%

Interest only financing? (y/n)

MONTHLY INCOME: (assuming full occupancy)

Rents

$1,255.00

Other

$0.00

TOTAL MONTHLY INCOME

$1,255.00

MONTHLY EXPENSES:

Mortgage Payment

$710.26

Tax and Insurance

$182.25

Property Management

$100.40

HOA

$0.00

TOTAL MONTHLY EXPENSES

$992.91

ESTIMATED MONTHLY CASHFLOW

$262.09

Year 1 Cash-On-Cash Return

10.41%

Cap Rate (includes 8% vacancy and repair allowance)

6.93%

If this property fits your investment criteria, contact Tiffany while it's still available!

Tiffany Elder, MBA, Realtor

Investment Consultant / Broker Associate

Realty Executives Southpointe

tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.

Full due diligence is recommended before purchasing any investment property.

Cashflow and returns are based on financing and assumptions listed above.

Your financing for this property will depend on your creditworthiness.

Blended rate assumes 80% at 6.875%, 10% at 8.5 and 10% down…

These rates are for illustrative purposes only and may differ from your financing options

RALEIGH-DURHAM INVESTMENT PROPERTY ALERT

www.tiffanyelder.com

Chapel Hill, Durham, NC

TRIPLEX WITH RENTED FINISHED BASEMENT MULTIPLE OPTIONS FOR COMMERCIAL

USE. ZONED COMMERCIAL NEIGHBORHOOD (CN). OWNER BILLS TENANTS FOR UTILITIES

COMMON AREA WASHER & DRYER. 1 block from YMCA

Proforma Estimates:

Purchase Price

$219,000.00

% Down

20.00%

Mortgage interest rate (blended rate)

7.06%

Amort.Period (Years) (if not interest only)

Monthly Gross Rents (if fully occupied)

$2,150.00

Monthly Other Income

$0.00

% Property Management

8.00%

Annual Homeowners Assoc. Dues (HOA)

$0.00

Annual Taxes (previous year actual)

$1,077.00

Annual Insurance Estimate

$750.00

Current occupancy

66.67%

Interest only financing? (y/n)

MONTHLY INCOME: (assuming full occupancy)

Rents

$2,150.00

Other

$0.00

TOTAL MONTHLY INCOME

$2,150.00

MONTHLY EXPENSES:

Mortgage Payment

$1,030.11

Tax and Insurance

$152.25

Property Management

$172.00

HOA

$0.00

TOTAL MONTHLY EXPENSES

$1,354.36

ESTIMATED MONTHLY CASHFLOW

$795.64

Year 1 Cash-On-Cash Return

21.80%

Cap Rate (includes 8% vacancy and repair allowance)

9.06%

If this property fits your investment criteria, contact Tiffany while it's still available!

Tiffany Elder, MBA, Realtor

Investment Consultant / Broker Associate

Realty Executives Southpointe

tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.

Full due diligence is recommended before purchasing any investment property.

Cashflow and returns are based on financing and assumptions listed above.

Your financing for this property will depend on your creditworthiness.

Blended rate assumes 80% at 6.875%, 10% at 8.5 and 10% down…

These rates are for illustrative purposes only and may differ from your financing options

RALEIGH-DURHAM INVESTMENT PROPERTY ALERT

www.tiffanyelder.com

Shackleton, Apex, NC

Nearly-new duplex built in 2004. Maintenance free vinyl exterior.

ocated in Apex, NC; one of the fastest-growing cities in the Triangle.

Great-looking proerty with large 1200 sq ft/ 3 bed/ 2.5 bath units

Proforma Estimates:

Purchase Price

$238,000.00

% Down

20.00%

Mortgage interest rate (blended rate)

7.06%

Amort.Period (Years) (if not interest only)

Monthly Gross Rents (if fully occupied)

$1,625.00

Monthly Other Income

$0.00

% Property Management

8.00%

Annual Homeowners Assoc. Dues (HOA)

$0.00

Annual Taxes (previous year actual)

$2,130.00

Annual Insurance Estimate

$600.00

Current occupancy

100.00%

Interest only financing? (y/n)

MONTHLY INCOME: (assuming full occupancy)

Rents

$1,625.00

Other

$0.00

TOTAL MONTHLY INCOME

$1,625.00

MONTHLY EXPENSES:

Mortgage Payment

$1,119.48

Tax and Insurance

$227.50

Property Management

$130.00

HOA

$0.00

TOTAL MONTHLY EXPENSES

$1,476.98

ESTIMATED MONTHLY CASHFLOW

$148.02

Year 1 Cash-On-Cash Return

3.73%

Cap Rate (includes 8% vacancy and repair allowance)

5.74%

If this property fits your investment criteria, contact Tiffany while it's still available!

Tiffany Elder, MBA, Realtor

Investment Consultant / Broker Associate

Realty Executives Southpointe

tiffany@tiffanyelder.com

Notes: All information is assumed accurate but not guaranteed.

Full due diligence is recommended before purchasing any investment property.

Cashflow and returns are based on financing and assumptions listed above.

Your financing for this property will depend on your creditworthiness.

Blended rate assumes 80% at 6.875%, 10% at 8.5 and 10% down…

These rates are for illustrative purposes only and may differ from your financing options

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2007-06-01T14:20:00.000-07:00

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How is your market?

2007-05-06T08:26:00.001-07:00

The.

We've been in one of the best real estate markets in the history of our nation. It seems like the past 5 years have just been a blur. The market has been perfect for buyers and investors alike. I have some good news. Its going to be good for a while longer, at least in the Raleigh-DurhamChapel Hill area.

I've actively invested in real estate in this area for several years now, and have assisted my clients in countless profitable investment acquisitions. I can assure you that I understand our local economy.

If you are ready to buy, I have several investment properties available for you to see. Now is the best time to move forward on your decision to invest. If you're interested learning more about how I can help you find your next investment, feel free to reach me at tiffany@tiffanyelder.com. I can't wait to hear from you.

Sincerely,

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507
tiffany@tiffanyelder.com
www.tiffanyelder.com

This message contains advertising material. To discontinue receiving our e-mails, please click here.

Interesting real estate facts

2007-05-03T08:26:00.001-07:00

Most agents make it a point to tell you that they're the smartest real estate professional ever. But where is all of the info to back it up? I would rather give you all the information you need to make an informed decision when it comes to buying or selling your investment real estate. I love working with informed clients. I find that our transactions go much more smoothly when we all understand the process and we're all on the same page. Here are just a few things that I wanted you to know about investment real estate.

Did you know that one of the major reasons homes don't sell is because potential buyers can't see themselves in the home? Try staging your rehabs and keep the styling as simple as possible.

Did you know that a 20% down payment is not always a requirement for a mortgage? There are numerous loan programs that allow investors to get a loan for investment property for far less than 20% down...sometimes for 0% down.

Did you know there are loans available for acquiring rehab properties that do not rely solely on the creditworthiness or liquidity of the buyer?

Did you know that cash flow isn't the only benefit of owning investment property? There are numerous tax benefits as well.

Did you know that not all home improvements add value to your home? In fact, some home "improvements" actually detract from the overall value of the property.

Did you know that many lenders require a different type of insurance policy on investment property than the type you have on your personal residence?

These are all very important investment real estate facts. If you are interested in learning more about real estate or if you are thinking of buying or selling a property, feel free to contact me. I'd love to help you with your next transaction.

Sincerely,

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507
tiffany@tiffanyelder.com www.tiffanyelder.com

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I've updated my Raleigh-Durham Real Estate Blog!

2007-04-30T08:47:00.001-07:00

Tiffany Elder - Broker, Realtor | www.tiffanyelder.com

The,

Visit my blog today at www.tiffanyelder.com/RaleighDurhamBlog. Add the page to your favorites and keep coming back for the latest news!

	Potential Challenges for the Raleigh-Durham Real Estate Market
	It never fails.A city starts up the growth curve of a formidable real estate market and local government finds yet another way to pull additional financial benefit from these changes at the expense of ... Read more

Sincerely,
Tiffany Elder
tiffany@tiffanyelder.com
(919) 260-2507

This message contains advertising material. To discontinue receiving our e-mails, please click here.

Are you ready to invest?

2007-04-27T10:31:00.001-07:00

Buying your first investment property is such an exciting time. But its not always the easiest process. There are several things that you can do in advance of your purchase to make the process flow much more smoothly. Here are just a few of the things I suggest to start getting ready to purchase your first Raleigh-Durham investment property. If you would like to talk about these further, call me at any time (919) 260-2507.

Get pre-qualified for your investment financing- This will let us know what types of homes we can look at. This could trim several days from the process. I have quite a few local contacts listed online at http://www.tiffanyelder.com/ServiceProfessionals . Feel free to contact them at your convenience. They'll take good care of you!
Begin to think about how much and what type of an investment property you can honestly afford - We have all had times in our past when we say, "Oh $40 here and $100 won't be that big of a deal." There will be occasional expenses related to maintaining an investment property, beyond the mortgage payment and these must be accounted for up front.
Research the area - Most people chose their investments based on location. You should check into things like employment, market changes, and other items your potential tenants/buyers will be interested in. Subscribe to my Real Estate Blog at http://www.tiffanyelder.com/RaleighDurhamBlog to remain up to date on changes in the Raleigh-Durham market.

Doing these three very simple things will trim days - maybe even weeks - off of the time until you're benefitting from your next investment property. Again, if you have any questions, or if you're ready to move forward let me know.

Sincerely,

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507
tiffany@tiffanyelder.com
www.tiffanyelder.com

This message contains advertising material. To discontinue receiving our e-mails, please click here.

Are you throwing your money away?

2007-04-25T09:10:00.001-07:00

Dear The,

There are very few things in the world that pain me to see more than people throwing away money. By throwing money away, I mean leaving it sitting in a bank account that does not keep up with inflation, rather than investing it in an asset (real estate) that appreciates over time. I know it sounds trite, but it really hurts me to see so many people missing out on the financial benefits that come from investing in real estate. There are a host of emotional reasons to that hinder individuals from moving forward with investing. The following are 2 that I've seen in recent years:

Analysis Paralysis. Educating yourself on the ins and outs of investing in real estate is an important part of the process. Knowledge without action, however, is useless. After becoming familiar with your chosen avenue for investing and the location, the next step is to get your feet wet on your first investment purchase. Allow me to help with mitigating your other concerns along the way. I always say "The first investment is always the most difficult", but after this, it gets easier and soon you'll find yourself moving on to even more formidable investment projects.
Limited Resources. Some of my clients initially felt limited by factors such as little cash available, poor credit, and limited time. Although these factors will play a role in determining how you start investing, they will not stop you from getting started (only you can do that!) I have assisted my clients with moving past all of these obstacles in their goal of becoming real estate investors and I can do the same for you.

Give me a call to learn how.

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507
tiffany@tiffanyelder.com
www.tiffanyelder.com

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Real estate .. please read (April 24, 2007)

2007-04-24T14:31:00.000-07:00

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Phone: 800.481.2979, ext. 2001
NOTE: If all lines busy please call me directly at 949.215.0022

Looking for investment properties?

2007-04-23T08:26:00.001-07:00

You've read it in the paper and seen it on TV - right now the investment property market in Raleigh-Durham is red hot. If you're considering investment property, choose a real estate professional with the knowledge and experience to help you reach your goals.

I specialize in investment property of all types.
I have the tools and resources to quickly gather a list of available investment properties, and help find the one that is the best fit for you.
My unique experience with investment property has given me insight into the market that you won't find with other agents.
By joining my mailing list, you will receive first notification of upcoming investment poperties, many of them before they even hit the open market!

Whether you're an investment property veteran or considering purchasing investment property for the first time, you need a professional at your side with the experience, the resources, and the know-how to make your endeavor a success. Visit my website www.tiffanyelder.com for timely updates on market conditions and other useful information.

I look forward to working with you to meet your investing goals!

Sincerely,
Tiffany Elder - Broker, Realtor
(919) 260-2507
www.tiffanyelder.com

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Investment Property Expert

2007-04-21T09:03:00.001-07:00

InvestmentPropertyExpert

RALEIGH-DURHAM DEFIES HOUSING TRENDS

In recent months, markets across the US have witnessed a slew of reports about the softening of the real estate market.

The news is much different in the Triangle Region of North Carolina (Raleigh, Durham, Chapel Hill and surrounding areas). According to research conducted by the National Association of Realtors, new home sales and existing home sales in North Carolina were both up from their 2005 numbers, a glaring difference from the downturn witnessed in many other US locations.

These factors, alongside a very affordable housing market lead the long list of reasons why investors across the US are refocusing their energies on the Triangle Market. Reasonable housing costs and a wealth of local educational institutions (including Duke, UNC, NC State, NC Central and Shaw) create a consistent demand for housing. This demand supports rehabber resale efforts, as well as rental cashflow opportunities.

In addition to these local norms, the Raleigh-Durham-Chapel Hill market has received accolade from several 3rd party sources, including the following:

1) #1 Best Place For Business And Careers (Forbes- 2007)

2) Best Place To Live (CNNMoney.com- Cary ranked #34 and Durham ranked a strong #92. Raleigh, Chapel Hill and Apex were all contenders).

3) Cary ranked as the 8th Safest City in The US (City Crime Rankings 13th Edition - Morgan Quitno Press)

4) America's Best Places To Live and Work (Raleigh-Durham ranked #1 in 2003- BestJobsUSA.com)

It's no wonder why migration to the Triangle remains strong and the real estate market has continued its steady increase over the years.

For more information about the Triangle and for information on Raleigh-Durham real estate investment oppportunities, contact Tiffany Elder, MBA, Broker

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106 Durham, NC 27713
www.tiffanyelder.com
Email: tiffany@tiffanyelder.com • Phone: (919) 260-2507

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2007-04-20T20:47:00.001-07:00

POTENTIAL CHALLENGES FOR THE REALEIGH-DURHAM REAL ESTATE MARKET

It never fails.

A city starts up the growth curve of a formidable real estate market and local government finds yet another way to pull additional financial benefit from these changes at the expense of the homeowner.

What is Tiff complaining about, you ask?

Answer: The North Carolina Home Tax. This tax, which is currently being considered in the state legislature, would impose an additional 1% fee to the seller upon the sale of a North Carolina residence. It is, essentially, a tax on the equity in our homes.

Example: Neil and Joanna move to the Triangle for a new job and purchase a home for 200k. Neil is unexpectedly transferred for work, and they have to sell their home 3 months after their move. Well, with this new tax, not only will they incur the typical closing costs on the sale of their home (which already include a $2 per $1000 revenue tax paid to the state … $400 in our example), but they will also have to pay the state another 1% tax on the sales price (i.e. another $2100 if they sell their home for 210k). Hmmm…$2500 for the privilege of selling their home. Sounds steep to me. Visit www.itsabadidea.org for more information on the NC home tax.

Another challenge facing North Carolina home-builders and homebuyers is increased impact fees. These impact fees are typically charged to the builder or developer of a new property or subdivision to cover the additional infrastructure capacity costs (i.e. “impact”) that tend to go along with an increase in population. These may cover the cost of more road maintenance, more schools, or any of a slew of other costs. The intent is to cover the additional burden the city will have in maintaining the locality in light of the population increase.

These costs are, of course, passed on to the end-buyers of new homes by way of higher builder pricing on these properties. Seems to make sense at first glance, but after a bit of thought, does it seem fair to have new homebuyers carry the full burden of the cost to maintain a growing city that has many more current residents that will also benefit from city improvements? Every resident of the city will benefit from the roads, schools and other improvements, so it seems these costs would be better allocated across the entire population, or in some other equitable fashion.

Numerous trade organizations, including the North Carolina Realtor Association and the Association of Homebuilders are fighting for better solutions to these challenges. I’ll be sure to keep you posted.

I know, I know…

I’m usually the bearer of GOOD news with regard to the Raleigh-Durham-Chapel Hill real estate market, but I feel it’s my duty to report on both the good and the (potentially) bad. I am now stepping down off of my soapbox (temporarily), but I hope that this brief discussion has helped to keep you abreast of changes in our local market.

The good thing is that the Raleigh-Durham real estate market remains strong and very affordable despite pending changes. Even with increased impact fees and proposed home sales taxes it will be a long long time (if ever) until returns on Raleigh-Durham real estate investments suffer.

For more information, or for additional insight into the many POSITIVES of investing in Raleigh-Durham-CHapel Hill real estate, vist my website and real estate blog at www.tiffanyelder.com

Until next time...

Tiffany Elder, MBA
Broker-Associate/Realtor
Realty Executives Triangle Southpointe
tiffany@tiffanyelder.com

www.tiffanyelder.com

"Real Estate: It's not just WHERE you live; it's HOW you live."

My blog has been updated.

2007-04-20T20:42:00.001-07:00

Tiffany Elder - Broker, Realtor | www.tiffanyelder.com

Visit my blog today at www.tiffanyelder.com/RaleighDurhamBlog. Add the page to your favorites and keep coming back for the latest news!

	Potential Challenges for the Raleigh-Durham Real Estate Market
	It never fails. A city starts up the growth curve of a formidable real estate market and local government finds yet another way to pull additional financial benefit from these changes at the ex ... Read more

Sincerely,
Tiffany Elder
Tiffany Elder - Broker, Realtor
(919) 260-2507

Visit my new Raleigh-Durham Real Estate Blog!

2007-04-20T10:03:00.001-07:00

Tiffany Elder - Broker, Realtor | www.tiffanyelder.com

I've just launched a new blog to keep you up to date with the latest news in the Raleigh-Durham real estate market! If you aren't familiar with a blog, it's just an online journal where I can publish the latest news, recent happenings, or thoughts on real estate trends and more. You can count on me to provide you with the information you need to stay current.

Visit my blog today at www.tiffanyelder.com/RaleighDurhamBlog. Add the page to your favorites and keep coming back for the latest news!

Sincerely,
Tiffany Elder
(919) 260-2507

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Working With an Expert

2007-04-19T14:43:00.001-07:00

I know we've all heard the adage about going to the best surgeon or going to the cheapest surgeon. But doesn't that apply to everything else in life? Sure, we all like the occasional bargain basement sale but there are just some things that need to be handled by an expert. Buying and selling real estate is one of those things.

Every agent in town will tell you that he or she is the expert. They'll tell you they have the knowledge, the training, and the experience necessary to help you through any transaction. But, there are 3 questions you need to know:

    1. Does your agent actively invest in the local real estate market?
    2. Does your agent have ample familiarity with alternative resources and practices that will benefit
         your investing activities (short sales, lease options, private funding, commercial funding, etc...)
    3. Does your agent have your best interests in mind?

I do.

I know it's easy for me to say, that's why I encourage you to give me a call or e-mail and let me prove it to you. I have a track record that few of my colleagues in this area can top. The only way I could have been as successful as I have is by helping others before myself. If you are considering buying or selling an investment property, call me to find out why so many of my clients have had wonderful transactions. I'm not only the expert; I'm the person who cares about my clients.

Sincerely,

Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507
tiffany@tiffanyelder.com
www.tiffanyelder.com>

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Raleigh Durham Defies Housing Trends

2007-04-19T08:31:00.000-07:00

Raleigh-Durham Real Estate Market Defies Housing Trends

April 19, 2007 11:30 AM

In recent months, markets across the US have witnessed a slew of reports about the softening of the real estate market.

The news is much different in the Triangle Region of North Carolina (Raleigh, Durham, Chapel Hill and surrounding areas). According to research conducted by the National Association of Realtors, new home sales and existing home sales in North Carolina were both up from their 2005 numbers, a glaring difference from the downturn witnessed in many other US locations.

These factors, alongside a very affordable housing market lead the long list of reasons why investors across the US are refocusing their energies on the Triangle Market. Reasonable housing costs and a wealth of local educational institutions (including Duke, UNC, NC State, NC Central and Shaw) create a consistent demand for housing. This demand supports rehabber resale efforts, as well as rental cashflow opportunities.

In addition to these local norms, the Raleigh-Durham-Chapel Hill market has received accolade from several 3rd party sources, including the following:

1) Best Place To Live (CNNMoney.com- Cary ranked #34 and Durham ranked a strong #92. Raleigh, Chapel Hill and Apex were all contenders).

2) #2 Best Place For Business And Careers (Forbes- 2005)

3) Cary ranked as the 8th Safest City in The US (City Crime Rankings 13th Edition - Morgan Quitno Press)

4) America's Best Places To Live and Work (Raleigh-Durham ranked #1 in 2003- BestJobsUSA.com)

It's no wonder why migration to the Triangle remains strong and the real estate market has continued its steady increase over the years.

For more information about the Triangle, contact Tiffany Elder, MBA, Broker/Realtor.

Tiffany Elder, MBA
Broker, Realtor
Realty Executives Triangle Southpointe
Direct: (919) 260-2507
Fax: (866) 854-4717

www.tiffanyelder.com

Thanks for subscribing to my blog

2007-04-19T08:21:00.001-07:00

April 19, 2007

Dear The Synonym,

Thank you for visiting Tiffany Elder - Broker, Realtor and subscribing to my blog. I have added your name to my blog newsletter list. From now on, you will receive new information about my blog posts via e-mail when it becomes available.

Regards,

Tiffany Elder
Tiffany Elder - Broker, Realtor
Tiffany Elder - Broker, Realtor
(919) 484-7421