Hunter Estess is a successful real estate investor in Louisiana. Like many real estate investors, the idea of raising capital to increase his ability to purchase properties is an irresistible allure. However, Hunter Estess knows that without the proper knowledge and understanding of the process, there can be long-term ramifications. You need to be sure you are setup correctly when you are dealing with other people’s money. Here are some things to consider if you are planning on raising money for your real estate investments.
These are just a few of the things you need to address prior to raising money for your investment. Hunter Estess has been successfully raising money for his real estate investments for more than ten years.
When you are making large real estate investments, like Hunter Estess, owner of Dash Development and Holdings, it can be difficult to obtain a traditional loan from a bank that is going to meet your needs. Here are the top creative financing techniques you can employ to secure funding for your real estate investment needs.
Many investors are still looking for ways to invest in real estate while minimizing their risks. One way to do this and still take advantage of the increasing real estate values is by using real estate syndicates to invest in larger properties, a strategy Hunter Estess is familiar with. A real estate syndicate is essentially a pooled real estate investment group, where capital is combined from a group of investors in order to purchase real estate. In essence, real estate syndicates are just a smaller version of Real Estate Investment Trusts. Here are some distinct advantages to investing in real estate syndicates.
Superior Expertise, Discount Price
The main advantage of this kind of real estate investing strategy is the ability to leverage the expertise of many investors. A syndicate can bank on the collective knowledge and skills of the investors in the group.
By pooling funds, real estate syndicates can achieve cost savings, compared to an individual investor. A substantial down-payment can be made with a well-funded syndicate, allowing the investors to leverage their capital to create improvements and increase their return.
Syndication allows individual investors with limited funds to diversify their investment among a number of different properties or to purchase a large investment. This can help to safeguard against significant losses in real estate.
Real estate syndicate investing can be a great way to make your money grow. As with any investment, however, it is best to proceed with caution and do your due diligence before jumping in. Hunter Estess is a successful real estate investor in New Orleans, Louisiana who has utilized this technique to grow his real estate portfolio.
After many years in the real estate business, Hunter Estess of New Orleans knows that being clear about goals is very important in business.
The ultimate goal of any real estate transaction and negotiation is to make a profit. However, it is always important to remember that there are many forms of profit. The obvious one is monetary. Another one can include acquiring information about a property. Another form of profit is to feel good about an outcome.
In the beginning of a negotiation you should always strive for learning the other side’s position. The goal of every negotiation should be to structure a deal that meets the needs of both parties. To do so, you first need to find out what’s important for the other party.
You also want to find out what the words fair and reasonable mean to the other party.
It is important to know the knowledge, personalities, and skills of the people you are negotiating with and the people on your team. Are they sophisticated or simple? Are they trustworthy? If not, you should not get into a negotiation in the first place. It is much better to deal with honest people than to try and protect yourself from thieves.
After you get all the information you can, it is time to see what your instincts are telling you. The goal is to develop a set of instincts that you can trust based on your experience. If a deal just doesn’t feel right, if all your instincts are telling you to run away, that’s exactly what you should do. With years of practice, successful investors, like Hunter Estess, have developed amazing instincts that help them make really great deals.
Hunter Estess of New Orleans has been investing in real estate properties for many years.
The principle of least effort says that people will spend the least amount of effort required to get through a process. This principle also works with real estate transactions. Most people have no idea how to prepare for a real estate negotiation, and even when they do, they are often too lazy to do it. This is always a big mistake that can cost thousands of dollars. If you can anticipate the questions that you will be asked, you should think about what answers you will give.
In the beginning of a negotiation, you can tailor almost anything you say, and the way you say it, for a favorable effect. For example, giving a quick, decisive, and detailed answer to a sensitive question will show the other party that you are confident and prepared.
However, in some cases you want your answers to look as if you just spontaneously thought of them. In such instances you can say that you just thought of something that may work or throw an idea as if it just came to you in the moment.
Such behavior can create an atmosphere of comfort and a sense of trust in the other party because it will look as if you are quickly thinking on your feet to come up with a solution that will satisfy all parties involved in the negotiation. This is what seasoned entrepreneurs like Hunter Estess do to increase their chances of success.
Hunter Estess of New Orleans has demonstrated time and time again that he has what it takes to succeed in the real estate industry.
One of the things you want to pay close attention to when selecting properties for real estate investing is the convenience of a location. Convenience may mean different things to different people. It may include schools, transportation, proximity to highways, shopping centers, churches and other amenities.
If you are looking to develop an office building, you should pay attention to the availability of future employees for the businesses that will become your tenants.
You always want to present the features of your properties and their locations as exclusive, as offering something that other properties don’t have.
It is in the nature of people to want something that others want, but don’t have. If you tell someone that the apartments in one of your buildings are not for sale, they will probably want to buy one even more—they may even chase you until you quote them a price. The simple statement that a property has features that other properties don’t have, that there is a limited supply of something that people want, will create a desire to buy in some people.
It is a well-known fact that the success of any auction depends on the number of bidders and the emotional attachment of the bidders to the auction lots. Every plot of land, every property, and every building is unique in some way. All you have to do is to underline what’s exclusive about it, just like Hunter Estess does, and more people will be interested in getting in on the deal.
Hunter Estess has been in the real estate industry since early 2000s and has accomplished great successes.
Great views are important to the value of a property no matter the size of a real estate investment. If a modest apartment building has a view of trees in the back of the property, you could turn the trees into a small park and increase the value of the building. You could also choose to increase the size of the windows to allow for better views. The importance of the views depends on the vision you have for a property. If you are working on a small residential building, a quiet street may be a great view for it. You always want to look for a view that corresponds to the lifestyle of your tenants.
Another important factor to consider when choosing real estate investments is reputation. Does the building have a prestigious address? Is it located close to a landmark, a convention center, a beach, or some other place that people visit a lot? A small real estate investor needs to consider whether the location is good for people that will be interested in it. If you are targeting affluent buyers, then you want to look in an area that has luxury residences and trendy restaurants. If you are thinking of selling or renting to middle-income families, choose an area that is desirable for members of this market segment. This is what Hunter Estess always strives to do.
Hunter Estess, president of Estess Contractors, is also the owner of Dash Development. Estess has ten years of experience as a real estate investor and developer, and has helped thousands of Americans purchase of construct their dream home. Dash Development offers assistance in all aspects of the real estate business for those who are looking to buy, sell, rent, or lease.
Dash Development works carefully and thoroughly with all their clients to provide a personalized, hands-on experience for their customers. As many clients come from different situations and circumstances, Dash Development’s professional assistants are dedicated to providing a positive real estate transaction for each client. Estess and Dash Development buy and sell a variety of properties across the country to provide multiple options to match the various scenarios clients may have. As investors, Dash Development is able to offer alternatives to the real estate purchasing process that more traditional sellers and lenders cannot.
Dash Development and its owner, Hunter Estess, are proud to provide all their customers with a chance to secure their homes, livelihoods, and financial futures. The Dash Development professionals give each client their undivided attention, educate them on the real estate investment and buying process, and provide honest, ethical service to their customers. Estess states “My years of experience give me a good sense of what customers want in their dream home, and what makes their home marketable in years to come should they ever have a desire to sell.” Estess and Dash Development help their customers live in the present and prepare for the future.
Hunter Estess, president of Estess Contractors, and other renowned real estate investors and developers, are savvy in their approach to real estate contract negotiations. Becoming a reasonably good contract negotiator isn’t overly difficult, and relies on the investor using courtesy and common sense during the contract proceedings and discussions.
When contract negotiations come to a halt, the investor should use silence as an ally. Let the client sit uncomfortably for a night. This move also cools down hot tempers and emotions through the use of time and pause in communication. Don’t believe in or get carried away by the client’s ultimatums about this offer being “as far as I will go,” or “the best offer I have.” All aspects of the negotiations should be placed in writing; no verbal negotiation should be considered binding in any way. In nearly every circumstance, an investor should present a counteroffer unless the deal works perfectly from the investor’s perspective. The negotiator should remember who he represents at all points of the negotiations process.
Hunter Estess and other real estate investors have become experience contract negotiators which has benefited their businesses tremendously. These investors and negotiators know that negotiating the particulars of a contract should be done with positive word choice and phrasing. It’s also fine for the negotiator to say no to a deal on behalf of his client. In many cases, the buyer mayhave made unreasonable demands, and perhaps knew they were unreasonable. This rarely brings an end to negotiations, and a successful contract can be agreed upon with additional time and effort.
Veteran real estateentrepreneurHunter Estess, owner of Dash Development and Estess Contractors, often make profits through real estate via the buy and hold method. Buy and hold doesn’t sound flashy, but over time and with equities, this investment approach can pay larger dividends. The patience to leave investments alone, sometimes for a decade or longer, and the willingness to ride out market fluctuations, are necessary for an investor to benefit from the buy and hold approach.
Typical buy and hold portfolios hold a 60/40 ratio in terms of stocks and bonds. The stocks in this traditional method of investment will prompt growth and create capital over many years, and if the stocks produce dividends, the investor can also count on additional, steady revenue. Regarding the bonds component of the buy and hold method, they provide additional consistent revenue that can be used as supplemental income as bonds have a tendency to remain stable. Older investors who are nearer to retirement age may want a buy and hold portfolio that is heavier on bonds than stocks, while younger investors may want to take more risks by investing more in stocks than bonds and maximizing their efforts to make profits.
Hunter Estess and other prominent real estate moguls and investors know the difference between value stocks and growth stocks, something that investors who want to succeed should be aware of as well. Value stocks are so named because the stocks revolve around companies that are in a downturn, but that may show a burst of growth in the future. Growth stocks involve younger, newer companies that have made the S&P Top 500 Index and which have an excellent market position and show potential for significant gains in the future.