Types Of Real Estate Investor Websites – What Should You Choose? | Real Estate

One of the basic questions you have to answer when you get a real estate investing website is “How do I get my website configured to get the best results?”There are many business models in real estate investing – buying houses, buying notes, short sales, fixing and flipping, wholesaling. And a lot more. Or your business can be a combination of different business models.Your website must be easily adaptable to suit your business needs to achieve maximum profitability. Here are a few popular business models in real estate investing:Real estate investing business models1) Buying Houses
This is the most popular business model. Most real estate investors buy houses. The basis of most real estate investing businesses is buying houses.Buying houses can include buying them in retail, cash or terms.2) Selling Houses
Almost everyone who buys houses also sells them. Just like buying houses, you could be selling them on retail or terms, such as lease options.3) Wholesaling
Most people call wholesaling “flipping houses”. In this case, you locate houses in distress that need repair. And you get a big discount when you buy these houses. You then sell it to another property investor who fixes it up and sells it or rents it.You end up making a little money from just a little effort. You can flip houses without ever having to own them.In real estate investing, wholesaling is the fastest way to generate a healthy cash flow while spending little to no money. A few hundred dollars is sometimes all you need to make a deal happen.4) Renting
Another popular business model is to buy houses, fix them, then put tenants for positive cash flow.5) Buying notes
Other investors specialize on buying and selling notes. Essentially by owning a note, you become the lender and do not have to own the property.6) Commercial real estate
This covers a wide variety of approaches, such as apartments, shopping centers, land and so on.Some real estate investors combine both commercial and residential estate. Residential real estate involves residential houses, whereas commercial property does not include residential single family houses.7) Other business models
When you are investing in real estate, you sometimes find yourself having to be involved in other aspects of the business that are not really separate business models.i) Private money
When investing in real estate, sometimes you need to look for private money investors to finance your deals.For this reason you have to actively look for private money investors to finance these deals.ii) Short sales
As part of real estate investing, you sometimes find yourself negotiating with lenders to accept less than what is owed on the property. This process is called short sale and forms a part of most property investors businesses.iii) Loan modification
Loan modification has become popular in the recent years. Lots of investors are also licensed agents and mortgage brokers.So what types of websites for real estate investing are there on the market?First of all, when shopping for a real estate investor website, it is important to choose a website that is flexible enough to be adapted to suit your individual needs. Changes like that should not cost you any money.In other words, the website you choose must be able to accommodate your changing business needs and models. So you will not have to buy another website if your business model changes in future.Interactive real estate investor websites
These websites are fully adaptable and offer complete customization and adaptability capabilities. Changing a business model can be done with one click of the mouse.If none of the default business models suits your needs, you can then adapt it to suit your individual needs.The following business models are allowed by interactive investor websites1) Websites for buying houses
These websites come equipped with everything you need to buy houses. You are presented to motivated sellers as the most credible person to buy their houses.As a result, you get leads that are fully pre-negotiated and pre-screened for you.You will only need a few minutes to decide if this is a deal or not, and follow up or let it go as needed. You can then make offers right from the virtual back office and control the closing process from your back office.2) Websites for selling houses
This website comes completely equipped with all the features you need to sell your houses quickly. You simply list your houses from the virtual back office and manage the whole process from there.It also allows potential buyers to join your buyers list as they view your properties. One of the most valuable assets when selling houses is a buyers list. A simple email to your buyers list can get you a buyer the same day.Of course, they also come integrated with social media so that people can recommend your properties to their friends through Facebook, Google+, Twitter, etc.These websites are also adaptable for renting houses, lease to own, and so on.3) Websites for wholesaling houses
This website is equipped for the real estate investor that wholesales houses.
Social media and buyers lists also come integrated on these websites.4) Websites for seeking private money
You can choose this business model with a single click from the virtual back office. This automatically changes to a website for attracting private money investors.5) Websites for buying notes
You can also convert your website for buying notes. It comes fully equipped with this capability.6) Websites for investing in apartments
You can quickly adapt your website for investing in apartments with just a few clicks.Should you combine business models in your website?
I once had a real estate teacher whose website contained everything she did – teaching, buying houses, selling houses, wholesaling, renting, offering hard money and seeking private money investors.She said it worked fine for her needs.My next guru strongly emphasized that you should never mix buying houses, selling houses or seeking private money. You must separate these business models.I personally do not support mixing business models on the same website. This once cost me a deal worth over $10,000 because I had listed a wholesale deal on my website for buying houses. I had provided my business card with my website to a motivated seller. Since my intention was to wholesale the deal, I listed it on my website and sent it to my buyers list.I quickly got a cash buyer for it, and he wired money to the closing title company. When the seller saw what I was making from her house, she refused to go to closing. If I had kept the business models separate, I could not have lost this deal. Must you have more than one website for your real estate business?
If you need to separate your business models on separate websites, then you must buy more than one website.You can get away with having only one website if your needs can be accommodated by having different business models on the same website. Interactive real estate investor websites do not offer any limitations as to how you can adapt your website. You can accommodate multiple business models if you choose, or have each website for each business model.The choice for type of website you choose really depends on you and if your business models can conflict with each other if you use one website for them.
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Travel Alert: What You Need to Know About Travel Safety and Security Risk Management | Travel

IntroductionIf you want to learn about managing the safety and security of your corporate travelers then you will need to read this report.Specifically we’ll discuss preparation, analysis, management, monitoring and response as it relates to an active and successful travel risk management program.After reading this article, you should know how to prevent or predict approximately 90% to travel risks and act immediately to improve your own program.Implementing a successful travel risk management strategy can be one of the easiest corporate actions but the most difficult to get moving.Too much time is wasted focusing on the wrong areas for assessment and implementation, that results in minor coverage for the major areas of concern.Here we will simplify the process for immediate action or comparison.PreparationPreparation is the primary and key step for all programs, whether mature or developing. Any-and-all information that is collected, especially data, should be consolidated to ensure consistency and accuracy.Overcoming a “silo” mentally within the organization is also paramount to consolidating.Intent, progress and resolutions must be communicated to all stakeholders in the most effective medium possible.Managers should not limit themselves to the more traditional mediums but also include popular social media offerings.Key messages or content must be trackable or at least acknowledged to ensure potentially life saving information isn’t lost in the vast corporate email inbox or mislabeled as spam.Each major milestone and change needs to be documented, rated and followed channeled into the communication plan.Time spent on effective preparation is rarely wasted and will pay dividends, throughout the course of the program’s lifecycle.Example-PreparationA relatively small consulting firm, who understood that they had a significant investment in their consulting staff, was able to develop and implement an effective, world class travel risk management strategy in a matter of weeks.Through a well-structured phase of preparation and mapping they were able to resolve an issue that had consistently been pushed back because they had always assumed the task was insurmountable.AnalysisAnalysis of all key components associated with corporate travel must be conducted.TravelersThe first and most pivotal is the travelers themselves.A profile and rating of each traveler needs to be developed.Questions around health, experience, knowledge, function and even preparation are basic requirements for each travelers threat profile.With this information managers will be better positioned to make accurate assessments on the overall risk of any journey.LocationThe location visited is the second element.The threats vary greatly from location to location and generalized ratings are useless if based on such known vulnerabilities.Trips to a key, developed city warrant different planning considerations than that of a remote location in a developing economic country.Different cities within the same country may have vastly differing threat concerns too.ActivityNext is the activity to be undertaken by the traveler.A conference, factory tour, expedition or client meeting all have differing threats and planning considerations and are not adequately address by a “one-size-fits-all” approach.SupportAdditionally, the level of support afforded the traveler is considered.This is not only those organic support options such as internal support and providers but that of emergency services, infrastructure and so on.The time it takes for an ambulance to respond can turn a “routine” incident into a potentially fatal encounter.The assessment and access to support should be inclusive of routine and emergency situations.ThreatsLastly, all the known or prevailing threats need to be assessed.You can never know everything but an overall list and impact/potential outcomes assessment needs to be conducted to complete the process if consistent and measurable results are to be expected.Many threat factors may be seasonal or vary over the course of the month or traveler’s journey.Example-AnalysisDue to changing economic challenges, a mid-sized company was pressured to seek new business in developing countries and emerging markets.Until this point they had always been reluctant to venture into such markets due largely to their perception of risk.Following structured and less superficial analysis they were able to fully appreciate the actual threats and separate the more emotive elements.Following consultation with managers and travelers, they successfully expanded their market and sought new business with less competition as their competitors continue to lack the understanding and preparation to successfully pursue potentially lucrative opportunities.ManagementThe greatest threat to preparation and analysis is an unsupervised or unmanaged program once the traveler commences travel.Ownership must be displayed and active management of travelers from a door of departure until a door of return is required.This must be conducted with frequency of effort and communications to ensure the traveler feels supported and management is across the potential for change and intervention.This phase is a marathon and not a sprint.The management of successful programs requires consistency in conjunction with frequency.Relatively standardized approaches need to be applied to like situations/circumstances for the purpose of efficiency, productivity, safety and cost control.Demonstrable support is required both within the management group but to all identified stakeholders such as travel management, security, the traveler, families, etc.Example-ManagementA company with tens of thousands of traveling personnel successfully manages the risks and demands of travel with only a handful of people.Their system and support mechanism is adaptive enough to support individual requirements but automated enough to ensure efficiency by keeping headcount at optimal and minimal levels while leveraging technology.Their overall strategy is not managed by one department but all departments and stakeholders work in collective unison at each and every stage from departure up to return of the traveler to the office or their place of residence.MonitoringMonitoring represents the Achilles’ heel for the majority of travel risk management programs.Ongoing monitoring of events and activities is required, whether this is carried out by the traveler or higher support function such as HR or security.Tactical events (those that occur within proximity of the traveler/travelers route) should be scrutinized on a regular basis.These events are the ones most likely to cause disruption or harm and should constitute the priority of effort.Wider events or more strategic developments also need to be monitored for change that will impact the traveler or group of travelers.Tactical events include demonstrations, storms, violence and the like while strategic events include visa changes, political unrest, health crisis and so on.The actual journey taken by the traveler should be regularly reviewed or automated to report and respond disruption events and threats.Finally, the individual needs to be monitored outside of the usual performance and reporting requirement to ensure their health and well-being is preserved or unchanged.Example-MonitoringNumerous companies have averted crisis and maintained productivity by monitoring developing events.Changes in weather, strikes, airline delays and even public holidays can occur at short notice and outside of standard policy doctrine.By keeping “a finger on the pulse” with active monitoring these companies maximize their travel spending and ensure their travelers are highly productive and efficient.Less vigilant companies who leave the process to static policy and dated knowledge are forced to spend more or suffer unnecessary delays.ResponseBad things happen to good people all the time.No plan is complete without a response capacity in support of the affected traveler.The plan and steps must be painstakingly simple and clear so as to be remembered under the worst of situations.The plan must be adaptive and simple in implementation so that it can build in complexity and content after the initial activation or call for assistance.The plan may be infrequently called upon but it should have consistency in application and capability.All locations, activity, individuals and threats need to be considered and inclusive of the response plan.Above all, the plan needs to be timely in its application.A distressed, affected traveler or manager must get the support and collaboration required in the shortest possible time frame.While the planning and preparation may be measured in days, weeks or months the response should be valued in minutes and hours dependent on the need.Most companies acknowledge this is not their core competency and therefore part or all of this function is outsourced for maximum return and results.Example-ResponseA “seasoned traveler” from an acclaimed academic institution became unwell while traveling for work purposes.Despite years of experience and seniority at the institution they had in fact very little knowledge or experience when it came to emergencies or supporting medical services in the location they were when they became ill.As a result of poor choices, lack of knowledge, no support, limited integration coupled by a litany of local challenges the individual nearly died.It was only through the swift and successful actions of a concerned spouse, engaging a far more organized process with predictable results, did the individual receive the care and support required to save their life and begin the long recovery process.Conversely, one company experienced several similar incidents in a single month, however not once were their travelers placed at such grave risk, suffered uncontrolled costs or outright loss of productivity for long periods.This was all due to a successful and scalable response capacity if and when required.The Main Travel Safety and Security Threats-Locations and EventsThe majority of incidents negatively affecting travelers occur at airports, on the road, accommodation, office/business location, social/leisure locations or result of dynamic change.AirportsAirports must be included in any action plans or support strategies as it is first/last leg of all journeys and likely to present delays and disruptions ranging from flight delays to targeting by petty criminals.AccommodationAccommodation of all kind must be evaluation and included in timely response and advice communications.Road MovesRoad moves remain the most prevalent and greatest for deadly consequences. Motor vehicle accident rates vary wildly from country to country.LocationLocations of business activity within the journey plan represent the smallest of impact locations but demand inclusion.Social and Leisure ActivitiesOften forgotten with tragic results are social or leisure locations.This element is likely to be largely unscripted but has a high rate of incidents and events that negatively impact upon the traveler.ChangeThe one constant with travel is change.Elections, violent crimes, attacks an other major news events create change and potential for concern, whether affected directly or not.Planners and managers need to include this dynamic in the constant monitoring, response and communication plans.CloseMost agree that travel is inherently risky or laced with threats but far less actually do something about travel risk management as they don’t know where to start or see the task too daunting.As you can see, it is relatively straightforward to capture 90% of the problem and manage the risk in a few simple steps.With a methodical and consistent process inclusive of preparation, analysis, management, monitoring and response you too can have a world-class travel risk management program.Most events and concerns occur in and around airports, accommodation, road moves, office/business locations, change and social leisure locations.Now you know the key focus areas you have the information and plan to start now.Even if you already have a plan and strategy, you can benchmark your own approach with this information gathered from years of empirical data, thousands of incidents and insight from thousands of companies ranging from small startup to some of the largest multinationals around the globe.Travel alert and you truly travel safe.
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