James Branca - Tenancy In Common

James Branca got into the real estate business about three years after he graduated from Hunter College with a degree in Sociology. He started with a series of projects in New York City in the late 1980s. In 1995 he branched out and began investing in projects in the Hamptons on Long Island, New York, New York, and has been operating there ever since.

All real estate investing is risky, and he has learned from experience to be cautious in taking on a new project. Real estate developments, private real estate funds, fixer uppers and so on al have much higher risk profiles than do investments in an established cash flow investment property. Any number of things might go with with the property, and in an instant your investment may be lost. Many cautious investors are content to take fee simple title in their own names.

One type of shared ownership is known as Tenancy in Common. This is where two or more owners each have a share in a property. Unlike joint tenancy, where the property is shared fifty-fifty, Tenancy in Common shares can be of unequal size, and can be transferred to other owners during life or through a will. Even when the owners have unequal shares of a property, though, each one have a right to occupy and use all of the property.

Since he began operating in the Hamptons twenty years ago, James Branca has completed more than two dozen real estate projects and is active to this day.

Sources:
https://www.law.cornell.edu/wex/tenancy_in_common
http://www.investopedia.com/terms/t/tenancy_in_common.asp

James Branca - Real Estate Income

James Branca has been active in the real estate industry on Long Island, specifically in the Hamptons, since 1995, during which time he has completed more than two dozen home projects.

There are a number of different ways that investors can make money in real estate. One way is through real estate related income. This refers to profits generated by real estate specialists, such as brokers, who make money through commissions they earn by buying and selling property. It also includes real estate management companies, who make a percentage off of rents in exchange for managing the day to da operations of a particular property or string of properties. A hotel management company, for example, might keep five percent of a hotel’s sales in exchange for such daily operations as maid service, running the front desk, and take care of the hotel grounds.

Another way to make money through real estate is ancillary real estate investment income. This can be a tremendous source of profit for some investors. Ancillary real estate investment income includes such things as the vending machines found in most hotels and motels, or laundry facilities in apartment complexes. They are similar to a supplier industry within an industry; a situation where they can make money from a group of customers who may have a limited number of other options.

James Branca got into the real estate business in New York City in 1988, when he designed, developed and renovated a series of projects there. He is a 1985 graduate of Hunter College.

Sources:
http://snip.ly/SRPP#http://ow.ly/TQJyw

James Branca - A Good Business Plan

James Branca is a nearly thirty year veteran of the real estate investment and development business. He is based in the Hamptons on Long Island, New York, New York.

Many investors find the idea of investing in real estate very attractive, on the assumption that it can offer a quick return on an investment. But real estate can be a complex investment; it is a lot different than investing in stocks, bonds and CDs. For those new to real estate investing it can be overwhelming.

It’s important to remember that real estate investing is a business, just like any other, and should be treated as such. Always have a good business plan that spells out how the investment will begin and how it will be operated, and with realistic goals over one, three, five and ten year time frames. Make sure your credit report will allow you to invest in property. Most lenders expect a 700 or better FICO score from borrows who want to buy investment property.

If you are financing the investment, find a good bank or mortgage broker in your area. If you are able to pay cash, you will need to prove that you have the funds at hour disposal by submitting a recent bank or brokerage statement when you make an offer on the property.

It’s also a good idea to talk with other investors about the local real estate scene. You can do that by joining a real estate club. This is a great way to network with other investors, lenders, and repair service providers.

James Branca began his career in real estate development in New York City in 1988.

Sources:
http://finance.yahoo.com/news/10-tips-real-estate-investors-165651158.html
http://www.investopedia.com/slide-show/real-estate-investing/?header_alt=c

James Branca - Sociology Major

James Branca is a veteran real estate investor and developer who has been in the industry since 1988. He began with a series of projects in New York City, but after seven years began focusing his attention on properties in the Hamptons on Long Island, New York.

He has been successful in the real estate business but he did not go right into it after completing his education. He attended Hunter College in New York, where he majored in sociology and graduated with honors in 1985.

There is more than one definition of what sociology is, but in the broadest sense it is the study of society. It is a discipline that focuses on how people interact with each other, and how behavior is influenced by various social structures, institutions, and categories. The field originated during the nineteenth century and was heavily influenced by the industrial revolution.

There are a number of sub-topics related to sociology. One area, for example, is family, and it examines such subjects as marriage and divorce, child rearing, and domestic abuse. Sociologists are interested in finding out how these aspects of the family differ from one culture to the next. Another area is social inequality, which studies the unequal distribution of power, privilege and prestige in society. The sociologists who study this look at differences and inequalities in race, gender, and social class.

One of the newer fields in sociology is globalization. This is the study of the economic, political and cultural aspects and implications of a globally integrated society.
As a real estate investor and developer, James Branca has completed more than two dozen Hamptons projects since 1995.

Sources:
http://www.sociologyguide.com/basic-concepts/
http://sociology.about.com/od/Sociology101/