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TEDxEvansville is back, here are this year’s speakers, topics

— Tickets remain available for TEDxEvansville, scheduled for 1-5 p.m. Friday at the University of Southern Indiana Performance Center. Eight speakers are featured at this year's event, which has a one-word theme: "Connect." This year's event is the fourth in Evansville. She is also the mother of an only son who passed in 2017 from complications due to a substance use disorder. Hall is a student at Butler University studying history, political science and Spanish who is from Evansville. His undergraduate research has focused on the importance of public memory and how communities like his hometown remember and commemorate historical events and actors. Caballero holds a Master of healthcare administration from the University of Southern Indiana and is an account executive for Medical Services of America. Caballero has served the needs of the poor through international medical missions, developing multidisciplinary strategic population health plans in the Evansville community and improving Alzheimer’s Dementia care in Southwest Indiana. An Evansville native, Johnson is the founder and executive director of a nonprofit organization called Young & Established, created in 2013. Prior to moving to Evansville, Philip worked for the City of Indianapolis where he managed community and economic development projects in coordination with the city’s Quality of Life Planning initiatives.

How Real Estate Investors Can Make The Most Money Flipping Houses

To make the most money flipping houses, the simpler a flip is, the better. How much money can you make on a house flip? But ATTOM also notes that this is most likely not an accurate number to use for what professional flippers make on each deal, as the figure takes into account all houses (flip properties or not) bought and sold within the year, and only factors the purchase price minus the selling price. Why does a massive remodel usually not pay off for house flippers? Big remodels take more time, more money and more resources. • Time is money. It can cost you as little as $50 to $100 to own a house flip. • The longer you hold a property, the more you are at risk to a changing market. A house that is over-improved may get a contract that justifies all the work done, but the appraisal could make all that work for naught if it comes in low. Some of the most profitable houses may be minor rehab projects because they have lower expenses.

Should you use home equity to delay Social Security?

For some time, reverse mortgage lenders touted a strategy that involves obtaining a HECM early on in retirement in order to delay taking Social Security, therefore maximizing the benefits you can receive. For every year that you can delay taking Social Security from 62 to 70, you can get as much as 8% more. According the CFPB report, the expense of taking a reverse mortgage means that by age 69, the cost of the loan exceeds the cumulative lifetime benefits of a reverse by $2,300. “For consumers whose main asset is their home, taking out a reverse mortgage to delay Social Security claiming may risk their financial security because the cost of the loan will likely be more than the benefit they gain. “The CFPB’s analysis, misrepresentations, and inaccurate conclusions fail to provide a comprehensive review of potential benefits of Social Security deferral and proper use of home equity,” Hopkins wrote. “Using a HECM to fund Social Security delay does not create greater risk for retirees experiencing spending shocks or needing to move later in retirement, because reduced distribution needs from the investment portfolio and the subsequent reduction in sequence risk offset the reverse-mortgage costs and preserve overall net worth,” Pfau wrote. “We found that while financial advisors are interested in the idea, they have a very, very, very difficult time persuading their clients to defer their benefit,” Dickson said. I can tell you that there are situations where the reverse mortgage loan would make sense. There are many factors that need to be considered,” Holland said. Ultimately, Holland said issuing broad statements about financial planning strategies is problematic, because it all depends on individual circumstances.

Where The Next Real Estate Bubbles Are Inflating

In real estate, pricing is relative. It would surprise no one that the most expensive real estate markets in the world are the most densely populated. There are simply few, if any, places to build, so prices stay high and keep rising. Of course, that doesn't mean that prices in the most-expensive markets are fair. In a recent survey, the Swiss-based bank UBS compiled a list of the most expensive cities in their Real Estate Bubble Index. While Hong Kong, for example, may qualify as one of the most densely populated an exciting cities in the world, it would take you more than 20 years to be able to afford an average-priced apartment, according to UBS. How does Hong Kong compare to the last city on its list (Chicago)? It would take you about five years to buy a place in the Windy City. So it's easier to buy something in Chicago as opposed to Hong Kong or Toyko. "Prices continue to soar," UBS notes, "but in half of the cities in the study, housing markets are booming with inflation-adjusted prices rising at least 5% in the last four quarters.

3 Reasons Why Investing in Real Estate Is Easier Than Ever

Image credit: Martin Barraud | Getty Images Opinions expressed by Entrepreneur contributors are their own. According to a study conducted by Morgan Stanley, more millionaires today have invested in real estate than any other asset class. While real estate investing may seem intimidating or out of reach, new technology is changing the game by increasing access and decreasing investment minimums. To get a better understanding for how new and younger investors can begin building their real estate portfolios, I had a phone interview with Joy Schoffler, Chief Strategy Officer at Upside Avenue, a spin-off of traditional real estate investment companies that let’s the little guys in. Start conservatively. I recommend starting out by investing with a more conservative approach because I’ve done it the other way and lost.” “If you adopt the investment concept of compounding -- the process of increasing your return based on reinvested earnings -- you might be surprised what you could earn over time. Don't worry about diversification -- just start. If you are fairly conservative with your early investments, you can earn while you learn.” 3. Technology is changing the game and inviting new players. The additional annual filings requirements also allow investors to keep better track of their investments, which gives investors way more information about these non-traded REITs.” Information, technology and transparency are removing the intimidating shroud that has historically covered the real estate investment market -- making that leap from saver to investor that much easier for the future generations of millionaires.

How to climb the investment ladder in real estate

"People think that to start investing in real estate, you need a lot of money, but you really don't," he said. "Once you can find the deal and understand the formula for making a profit," he said, "you bring a deal to someone like me now, and if it makes sense, I will partner with you." As a young real estate agent he worked with investors, finding them properties to flip. "They were making $50,000 or more in profit," he said, "and I would make my little $5,000 commission." "I took Lucky to the auction and showed him what people were buying and what they were making," said Fuentes. Plus, now there were too many investors. Using these kind of high-interest lenders, Fuentes is able to put less down and put more money toward buying properties and renovations. Now Fuentes funds and runs his own real estate investments, flipping about 15 homes a year, in addition to being a real estate agent and owner of three RE/MAX offices. "Perhaps your first deal is a 30% cut for you, maybe less," he said, "but you'll learn from the process and you'll make some money. If you have a 20% or 10% drop you're not making any money."

Five Steps to Smart Multifamily Investments

Here are five things to consider before you make a decision: A growing market. Investing in a new complex. In response to the growing number of people who prefer to rent rather than buy a home, new, shiny apartment communities are being built in cities across the nation. Such turnover results in high expenditures for marketing and unit make-ready in order to attract new tenants. Increased demand for class-B and -C apartments. With minimal investment in upgrades and amenities, the older class-B and -C complexes can attract a wide demographic, including working-class individuals and millennials. The importance of professional management. Simply upgrading the units is not enough to improve value; professional property management is essential to protecting your investment. These days, that means more than simply keeping the property clean and attractive, although those things are important; it also means working to make your tenants feel like part of a community. Coupling an institutional investment approach with active, hands-on property management is what makes for a successful multifamily investment.

Multifamily Investors Continue to Accept Low Cap Rates, But for How Long?

Cap rates on multifamily transactions have not moved much since 2017, according to Real Capital Analytics. At conferences, leading investors and industry analysts repeat the same question: “Are interest rates going to go up any more and will capitalization rates respond?” says Jim Costello, senior vice president with research firm Real Capital Analytics (RCA), who is currently making the rounds of the fall apartment conferences, most recently at the Association of Foreign Investors in Real Estate (AFIRE), held in September in Ellicott City, Md. New buyers continue to step forward, paying high prices that keep average cap rates fixed at record lows. Cap rates still low Since the fall 2016, investors have accepted cap rates that average in the mid-5 percent range for apartment properties in the United States. At the same time, the yield on benchmark rates like the yield on U.S. Treasury bonds have changed quite a bit—rising from their low point of less than 1.5 percent in the spring 2016 to a little under 2.5 for most of 2017. Rising Treasury yields are likely to push cap rates higher eventually, but not immediately. For now, lenders are absorbing some of the shock of rising yields on Treasury bonds. “We anticipate (assuming interest rates continue to rise) that cap rates will eventually rise with them… there is still time for cap rates to react,” says Andrew Rybczynski, senior consultant at research firm the CoStar Group. New buyers keep bidding for apartment properties The pool of potential buyers for apartment properties continues to be very large. If one investor is unwilling to pay a high price—and accept a low investment yield for a property acquisition—another potential buyer may be willing.

How to Avoid Owner Financing with BrickBlock Blockchain Real Estate Investing

Owner Financing is the acquiring of property whereby a buyer gets to finance the purchase through the person who is selling. This could be because the prospective buyer cannot afford financing normally or they are not willing to pay the current interest rates in the market. Owner financing homes has been possible over the years due to the rising property costs and more sore the transactions that are involved int he acquiring of property. This mode of financing is a loan to a purchaser that is provided by the owner of a piece of property. This one then follows the conventional payment methods whereby a down payment is paid out, then monthly installments over a specified time, and interest rates until the loan has been fully repaid in full. Owner financing homes is beneficial to a buyer in that they may not be able to obtain a loan from the bank, to acquire the property. Being an investment whose return will be guaranteed by the ability of the one who is buying the property to cater for the pending mortgage. The buyer may be diligent in making payments but the seller might not make payments to the financing body that may be in place which may lead to the property’s foreclosure. There is no protection against over valuation of the property since there will be no protection from home inspection, mortgage insurance or a valid appraisal to ensure that they are not paying too much for the property. How BrickBlock makes Real Estate Investing more fun.

How Best To Invest In Real Estate: Mid-America

In the economic sweepstakes it's usually California or Texas or Florida that get all the attention. Other than that special situation, and with the exception of booms in smaller markets - like Fargo with fracking - investors can expect steady returns in these places, without having to worry that they bought in at the wrong time. Aside from the very big cities, these are medium-sized markets where healthcare, government and colleges provide an outsized percent of local jobs. These stats can help investors decide how best to invest in each one. Looking first at population growth over the past three years, we see that few of these markets have done better than the US average of 3 percent. Average job growth for the US in the past year was 1.6 percent. In such a low-growth environment, investors in rental property mainly have to worry that they won't easily find renters. If you haven't already made your investment you need to factor the risk into the price you pay for the investment to begin with. We call that the Target Rent Range. If we look now at home prices, note that the change in home prices in the past year is a measure of demand for ALL kinds of housing, including rentals.

TRENDING

Government Shutdown Brings Mortgage Obstacles

The shutdown effect is obvious if you're a government worker suddenly trying to buy a home with IOU's – but, otherwise, why would your mortgage application be affected? Other loans may require verifying paperwork from the IRS – for example, verification of income – before loan processing can proceed. How To Keep the Home You Already Have Government workers who already own homes have a more fundamental cash flow problem. Your lender may also be able to provide a short-term loan at reduced interest rates. It may be making mortgage payments when you're hit with a financial crisis, making unexpected home repairs, or getting into a bidding war to buy your first home. Start by establishing an emergency fund during better times, so you don't have to rely completely on credit to get through a true financial crisis. If you would like to monitor your credit to prevent identity theft and see your credit reports and scores, join MoneyTips. Make all payments on time and keep other debts as low as possible. You'll have to prioritize debt and possibly make only minimal credit card payments while you devote existing cash toward your mortgage. Did we mention the importance of an emergency fund?