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Real Estate News Releases
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(EMAILWIRE.COM, April 21, 2008 ) Fort Lauderdale, FL—Anthony Chara is an experienced real estate investor who specializes in apartment buildings. He has mentored several hundred aspiring real estate investors. Mr. Chara also volunteers and supports several worthy charities such as the American Red Cross, Denver Rescue Mission and Habitat for Humanity. Meet Anthony Chara at http://www.successinsiders.com/ where you can log into the site and ask him questions about investing. Anthony will share tips and offer advice to help investors with their business ventures.
In a recent interview with Lance Hood of Success Insiders, Anthony explained the importance of understanding capitalization rate, or cap rate, for short. Cap rate is a formula used to calculate income being generated from property when it is acquired by paying with all cash. Positive and negative leverage is also connected with cap rate, which varies from state to state. Anthony went on to explain the importance of studying and analyzing each property before buying, to be sure the deal will be profitable.
The process of analyzing begins by learning about the “cash on cash return.” The “cash on cash” return is how much out of pocket money it takes to actually purchase the property, and the cash amount that is returned at the end of the year after all expenses and the debt services have been paid. Without special software available today, it would take weeks to analyze the numbers, including taxes, insurance, utilities, management fees, maintenance and rehab amounts needed. These numbers are used in determining the amount to offer when buying the property. Of course, market rents must cover these costs, plus a profit, for the deal to be worth pursuing.
Anthony Chara owns properties in Arizona, Colorado, Florida, Iowa, Nevada, North Carolina, Oklahoma and Tennessee. Current projects include pre-construction and commercial land developments in Florida, apartment buildings in the mid-west, and several multi-million dollar condo conversions in Arizona. Learn more at http://www.successinsiders.com/
About SuccessInsiders.com
SuccessInsiders.com is committed to helping people succeed, both personally and professionally, by providing them with interactive access to an ever growing team of Millionaires and Experts in wealth creation and personal development. By following the guidance and strategies, through interviews, expert Q&A, telecoaching and other resources offered by people who have already succeeded, a personÂ’s chance for success is greatly increased.
CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com
This Press Release has been submitted by PREasy.com
Self Improvement, Wealth, Coaching, Millionaire, Personal Development, Success, Goal
Success Insiders
Heather Thomas
(641) 715-3900
support@successinsiders.com 
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