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Is It Ever Too Late to Become a Real Estate Investor?

October 14, 2020 [email protected]_84 Estate, Investor, late, Real

As a general rule, the earlier in life you invest, the more opportunity you’ll give yourself to grow wealth. That applies whether you’re buying stocks, bonds, or real estate. But if you’re wondering whether there’s a cutoff age for the latter, the good news is, there isn’t. You can actually invest in real estate at any stage of life. But your approach might differ if you’re older.

Investing in real estate at a later age

When we talk about investing in real estate, there are several avenues to take. You can:

All of these are feasible at any age, so let’s explore each one. And let’s also assume you’re older — old enough to be retired, in fact.

Buying an income property

Becoming a landlord can be a full-time job, but if you no longer have a job, you might have the time to buy an income property and oversee

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3 Things I Wish I Knew Before I Started Investing in Real Estate

October 14, 2020 [email protected]_84 Estate, Investing, Knew, Real, Started

I like to think I’m a pretty seasoned real estate investor, but that wasn’t always the case. Like most, I’ve learned quite a few lessons along the way. Here are three things in particular I wish I’d known before buying my first investment property so you hopefully can avoid them before you get started.

1. Don’t underestimate how much money you’ll need

One mistake I made before buying my first investment property was not leaving enough cash in the bank to deal with unforeseen expenses. My lender required a 20% down payment and six months’ worth of mortgage payments in reserve. But that was by no means enough.

For one thing, the property needed some significant repairs shortly after closing (which I knew about). These ate up most of the reserves right away. Then one of the units took longer than expected to rent out, and the business account I

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These Nest thermostat and smoke detector deals are fantastic

October 14, 2020 [email protected]_84 Deals, detector, fantastic, Nest, smoke, thermostat

Amazon Prime Day 2020: Automate your HVAC system and save money while you do it with a Nest thermostat. (Photo: Google Inc.)

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

If you love saving money on useful houseful gadgets, then you’re really going to love these incredible deals happening during Amazon Prime Day on top-rated Nest smart thermostats and smoke detectors. These must-have smart home gadgets from Nest are some of the best connected thermostats and smoke detectors we’ve ever tested—and you can get them on sale right now.

Subscribe to Reviewed’s Resources newsletter for tips, tricks and hacks to get through this together.

Many retailers, like Best Buy, are offering competing prices on top products during Amazon’s massive Prime Day sale. If you’re on the market for a Nest thermostat or smoke detector, Best Buy is the place

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Slimmed-down share sale darkens outlook for China Evergrande’s cash dash

October 14, 2020 [email protected]_84 Cash, China, darkens, Dash, Evergrandes, Outlook, Sale, Share, Slimmeddown

By Scott Murdoch, Clare Jim

HONG KONG (Reuters) – China Evergrande Group, the country’s most indebted property developer, on Wednesday said it has raised $555 million in a secondary share sale, settling for half its initial target and sparking a 16% drop in its share price.

FILE PHOTO: The logo of China Evergrande Group is seen in an exterior view of the China Evergrande Centre in Hong Kong, China, March 26, 2018. REUTERS/Bobby Yip/File Photo

To help pay debt, the firm sold 260.65 million shares at HK$16.50 ($2.13) each – the low end of a price range flagged by its bankers in a term sheet when the deal launched on Tuesday.

Evergrande has been scrambling to raise cash as China’s government tackles what it considers excessive borrowing in the real estate development sector with new debt-ratio caps.

Since August, the developer has raised $3 billion in pre-IPO funding for a

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Ares Commercial Real Estate: This 13.8% Yielder Has 95% Senior Loans (NYSE:ACRE)

October 14, 2020 [email protected]_84 Ares, Commercial, Estate, loans, NYSEACRE, Real, Senior, Yielder

The commercial real estate sector remains a good place to find some bargains. In this article, I’m focused on Ares Commercial Real Estate Corp. (ACRE), whose stock price has fallen by 40% since the start of the year. While risks still remain, I believe the market has overly-punished this commercial mortgage REIT. I evaluate what makes this an attractive investment at present; so let’s get started.

(Source: Company website)

A Look into Ares Commercial Real Estate

ACRE is a commercial mortgage REIT that is externally-managed by the well-renowned investment manager, Ares Management (ARES). Through this affiliation, ACRE is able to leverage the Ares investment platform to obtain incremental deal flow and market intelligence from Ares’ broader resources, relationships, and experience.

What I like about ACRE is its conservatively-minded focus on senior mortgage loans, which comprises 95% of ACRE’s portfolio. Its portfolio is also well-diversified geographically, with 40% of its loans

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Nintendo Switch Prime Day deals on the console, games, and accessories

October 13, 2020 [email protected]_84 accessories, console, Day, Deals, games, Nintendo, Prime, Switch

Yahoo Life is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change.

Nintendo Switch Lite. (Photo: Nintendo) — Ask around: Nothing makes the time pass as delightfully as a Nintendo Switch. (Photo: Nintendo)

Over the past few weeks, the Nintendo Switch has been sold out practically everywhere—thanks to hardware shortages, shelter-in-place boredom, and the surprise popularity of the Animal Crossing: New Horizons video game that was released back in March. Who knew this little fella would become the darling of 2020? Nintendo plans to boost production of the home console to meet demand.

Right now, the Nintendo Switch is harder to come by than the ‘Ice Ice Outpost’ shortcut in Mario Kart 8 Deluxe (you know what we’re talking about, brothers and sisters in gaming nerdery). And its smaller sibling, the Nintendo Switch

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Edan Vidoser Shares Tips on Real Estate Investing

October 13, 2020 [email protected]_84 Edan, Estate, Investing, Real, Shares, Tips, Vidoser

Press release content from NewMediaWire. The AP news staff was not involved in its creation.

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Seattle, WA – ( NewMediaWire ) – October 13, 2020 – It is critical for everyone to find ways to diversify their investments because this is a great way to not only augment returns but also reduce risk. While many people think about stocks, bonds, and mutual funds, it is also a great idea to think about real estate. Edan Vidoser is a financial professional with a tremendous amount of experience in the world of real estate. In this manner, it is a good idea for everyone to listen to what professionals such as Edan Vidoser have to say. This could lead to a significant financial payoff down the road.

Edan Vidoser Discusses the Importance of Understanding the Local Real Estate Market

Edan Vidoser and other professionals have stated that the

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How Do Real-Estate Agents Show Homes During Covid? With Face Masks, Gloves and Some Ingenuity

October 13, 2020 iwano@_84 Agents, Covid, Face, Gloves, Homes, Ingenuity, masks, RealEstate, Show

Heather T. Roy & Learka Bosnak

Ms. Bosnak: Heather and I have been working together for 15 years and we are very comfortable doing showings together. Then Covid shut everything down. We did a showing and I came back completely frustrated, because we were wearing masks. I felt muzzled. I was constantly running around saying, “I’m smiling under here!” This business is all about rapport, comfort level.

Ms. Roy: We’re like, “We need new skills. We need people to know what we’re thinking, and we also need to know what they’re thinking.” It was almost like we needed a body language expert. I am single and I had met with a couple of matchmakers in L.A. One had her clients meet with a body language expert—Mark Edgar Stephens.

Ms. Bosnak: Heather’s still single, but we love this guy.

Ms. Roy: So we called Mark and told him what we were

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5% Dividend Yield From Postal Office Real Estate: Postal Realty (NYSE:PSTL)

October 13, 2020 [email protected]_84 Dividend, Estate, NYSEPSTL, office, Postal, Real, Realty, Yield

Postal Realty Trust (PSTL) is an internally managed real estate investment trust (‘REIT’) that owns properties leased to the United States Postal Service (‘USPS’). The fragmented state of USPS properties makes PSTL an unlikely growth story with a hefty 5% dividend yield as a starting point. While the tenant concentration is a potential cause for concern, PSTL appears to be a worthy addition to any dividend growth portfolio.

Postal Office Real Estate

For those who are unfamiliar with postal office real estate, the USPS is a government entity whereas the underlying USPS properties are often privately owned. PSTL owns 666 such properties spread across 47 states, with a heavy concentration everywhere except the West coast:

(2020 Investor Presentation)

While it is tempting to put PSTL in the same league as triple net lease (‘NNN’) operators such as Realty Income (O), there are important distinctions to make. Typical NNN REITs like

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Sega Genesis Mini Prime Day Sale 2020 | The Strategist

October 13, 2020 [email protected]_84 Day, Genesis, Mini, Prime, Sale, Sega, Strategist

Illustration: Pedro Nekoi

With temperatures dropping and daylight dwindling and a still-raging pandemic threatening to keep us mostly at home until well into next year, now would be the time to nab stuff that’ll mitigate the monotony of spending the next several months indoors. Earlier this year, I wrote how the Sega Genesis Mini became my go-to stress-reliever in quarantine, not just for the hours of distraction it provides but also for its comforting dose of nostalgia: “With the press of a button, the little gadget will instantly transport me to my childhood living room, and I can spend hours not obsessing over the rising death toll or if I’ll have any money left in my retirement

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