Follow in the Footsteps of Wealthy Investors with Success Insiders and Anthony Chara

Released on: April 23, 2008, 12:13 am

Press Release Author: Success Insiders`

Industry: Management

Press Release Summary: 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.

Press Release Body: 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 person'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


Web Site: http://www.successinsiders.com/

Contact Details: Success Insiders
Address: P.O. Box 13402
City: Des Moines
State: IA
Country: USA
Zip : 50310
Phone: (641) 715-3900 ext. 7576941

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