Ali Ata

You’ve probably tried your hand at real estate investing without even knowing it. Real estate investing guru Ali Ata says Monopoly (yes, that Monopoly) isn’t just fun, it’s also a great practice for actual, real-life investing. It can teach you several lessons that will come in really handy when you start growing real money through real estate properties. Playing Monopoly can teach you to: #1. Always have cash ready You can’t win in Monopoly without cash on hand. If you burn through your finances, you won’t have enough to pay for taxes, penalties, and other obligations. You may have to start selling your properties at a discount just to have enough cash. Once this happens, chances are that you’ll declare bankruptcy before long. This actually happened during the Great Recession. People became so addicted to credit that when the housing market collapsed, many found themselves without any cash on hand. Many ended up selling their homes at much lower prices just to have cash or pay...

It is typical for real estate experts like Ali Ata to hear horror stories from buyers about what they experienced from fraudulent realtors. However, it is also important for realtors and real estate agents to take their safety in mind when planning for meetups or showings. There have been numerous reports of real estate personnel being brutally assaulted or hurt during showings, and it has rocked the industry every time. These things being said, realtors and agents must be more mindful of their safety, especially if they are requested to go to out-of-the-way locations. Here are some reminders to do just that: 1. Always carry something for your self-defense. For Ali Ata, realtors should always have a self-defense weapon. It could be mace, a taser, pepper spray, a safety baton, or even a whistle. Some agents also use an app on their phones that have a safety timer, which automatically sends a safety alert text to friends and family if they have gone without contact for a long time....

AAIM Inc, a real estate development and investment agency, has facilitated the sale of thousands of properties. Its President, Ali Ata, noticed that property owners might be overlooking the extra profit that comes from making a piece of property or rental more pet-friendly. Ali and his team have seen numerous pet-loving families losing out on finding an ideal home because their pets aren’t welcome. This is particularly evident in rentals; families with pets would rather move on and look elsewhere, as no one wants to give up their pets if they could help it. By accommodating and tapping into the pet-owning demographic, a seller could increase profits and close a sale faster. Here are some tips on how to make the properties you are listing more pet-friendly: 1. Check the property’s suitability – Ali Ata says that if the property is standalone, check its suitability for pets such as dogs. For example, a spacious lawn will be more appealing to pet owners rather than a paved one, as i...

A single-family home is one of the things that real estate expert Ali Ata is often asked about. Many are looking into renting or buying a single-family home, particularly if it’s a family that’s been living in single studios or in crapped spaces for a while. Finding the right home may be challenging. What is a Single-Family Home? A single-family home is unique from other dwellings in this sense that it is a standalone piece of property. A good way to think of it is a typically suburban family house: it is a residential structure that is completely independent from other units in the area. It doesn’t share walls or utilities with another home, and it sits on its own land. Ali Ata knows how important getting the right home is. Here are a few of his suggestions on how to find the best single-family home for your own: 1. Know the market value – You might be surprised, but a lot of single-family homes are actually below market value. There’s plenty of this property in the market so...

If there’s anything Ali Ata has learned from years of talking to prospective clients, it’s that Americans favor real estate over other types of long-term investments. The cost of investing in real estate, however, remains prohibitive for many people. The good news is that there are ways to cash in on real estate without actually having to bother with the upfront and maintenance costs of owning property. You have three options: 1. A real estate investment trust (REIT) is a company that operates income-generating properties. You can buy shares in a REIT, upon which case you will become a landowner of sorts and will be entitled to a portion of the income the company earns. There are REITs that operate a diverse selection of properties while others tend to specialize in specific types of real estate. 2. Real estate mutual funds are a collection of real estate investments, including REITs, that you and other investors can put your money in. The beauty of this particular investment veh...

If you think the location of your real estate investment is important, here’s a piece of good news: real estate investment expert Ali Ata agrees with you! But how do you find a great location? Here are five factors you need to remember: 1. Proximity to developed areas Highly developed cities will always attract people which, in turn, leads to an increase in the prices of real estate properties. If you are looking for urban properties you can afford, where you look in the city matters. For instance, suburban communities tend to experience a cyclical rise and fall in population, affecting the cost of the properties therein. 2. Neighborhood quality Your ideal neighborhood won’t necessarily be the same as everyone else’s. However, do look for one that is accessible, meaning it’s close to major routes and is easy to get into and out of. Look into the available amenities, too—nearby grocery stores, schools, and places you may need to go to or want to frequent are a huge plus. And alt...

Why are you investing? Ali Ata says that while the question may sound cheesy, it’s something you need to answer before you begin your journey as an investor. Knowing the answer will help guide your investment decisions and may even play a part in your likelihood of achieving success. Investing is no simple venture. You will be dedicating precious time and money to this endeavor, so it’s important to keep your bases covered as much as you can. Having a clear understanding of why you’re even setting out on the journey will help you decide what your first steps will be and how you will gauge your success. 1. Retirement Once you reach an age when you can no longer work on a regular job, your investment could be your most reliable source of income. The good thing about investing for retirement is that you usually have plenty of time to do it and watch your money grow. Long-term investments, such as real estate, are often preferred for this purpose. The secret to getting the most out...