Real Estate: An Opportunity to Profit or Fail?

Summary: Taking real estate property and flipping it into a gain can be a significantly difficult task. Fortunately, there are ways that you can do this without immediately going into bankruptcy.

The real estate market is a fantastic opportunity to bring in significant wealth. While it isn’t easy, due to a fair amount of competition, it can be worth it in the long run. Here are some tips that will guide you on the right track to successfully managing and investing in real estate.

Your Credit Report Plays a Major Role

You’re more than likely going to have to borrow a significant amount of money to purchase real estate. So, be sure to check your credit report before you begin investing in real estate. If you have problems on your report that are mistakes, get those resolved as quickly as you can. Any marks on your report are looked at by the lender and it may affect your chances of obtaining the loan. If you have problems that are legitimate, you may want to ease off on the investment for now and work on building your credit back up.

Simply put, banks aren’t going to lend you money for a property that isn’t your primary residence as easily as they will for your own home. This is why having a glimmering credit score is an important factor that’s often overlooked.

Implement the One Percent Rule

If you’re planning on buying property that will be for one or more tenants use the 1% rule which will decide whether or not the property is worth the asking price. Simply stated, the rule is that an income producing property must produce 1% of the price you pay for it every month. If you’re looking to buy a property for $300,000, then your monthly rental income should be the $300,000 multiplied by 1% which equals $3,000. This is a good rule of thumb for starters and it also assists in profit margins.


Bio: Omar Amanat is an American entrepreneur and a shareholder of the popular Twilight Saga.

A brief look at billionaire Len Blavatnik businesses

Written by Access Industries

Len Blavatnik is one of the richest people on earth, with a net worth of $16.7 Billion to his name. Blavatnik who is known as a self-made billionaire has investments in chemicals, real estate, and entertainment.

Blavatnik started his journey in Moscow and attended the University of Railway Engineering until his family immigrated to the US in 1978. He then went on to earn his master’s degree in Computer Science from Columbia University and an MBA from Harvard Business School. Here is a brief look at the billionaire’s businesses.

Access Industries – Founded in 1986, this privately owned company is involved in Russian investments, natural resources, chemicals and recently moved into Blavatnik media, telecommunications, technology, e-commerce, and real estate.

Tory Burch – Blavatnik’s company branched out into fashion by investing in the upscale fashion accessory brand: Tory Burch.

Warner Music – The billionaire worked his way into Hollywood by purchasing Warner Music Group for $3.3 billion. He also acquired Atlantic, Warner Bros. Records, Rhino, and Warner Music Nashville.

Access Entertainment – Blavatnik recently teamed with Hollywood talent manager Sarah Stennett to create a company that focuses on talent, brand development, representation of recording artists and songwriters.

Although Blavatnik is a billionaire, he is also known as a global philanthropist. The Blavatnik Family Foundation supports the Metropolitan Museum of Art, the National Gallery of Art, the Royal Academy of Arts, and Colel Chabad. Apart from these charities, Blavatnik family foundation is also known for the Blavanik awards that help key graduates in science and technology.

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Len Blavatnik needs no introduction. The Balavatnik billionaire is the man at the top of Access Industries and is a world-renowned philanthropist.