News Alerts. Oct. 16, 2013. Morning Edition. #RealEstate

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  1. Best Free Online Business Courses – Business Insider News Alerts. Oct. 16, 2013. Morning Edition. #RealEstate

    If you take any of these courses, let us know what you experience, whether it was worthwhile, etc.

    First Wharton decided to offer the core of its first year MBA program online. Now Harvard Business School is exploring online options as well.

    Increasingly, it’s possible to get an extremely well-rounded business education from the best professors in the world without enrolling in a university or even leaving your house.

    While online courses won’t necessarily give you the pay boost of a traditional two-year MBA and probably won’t land you a job on Wall Street, they can give you many of the core skills taught at top universities and business schools.

    We’ve found some of the best and most useful free online business courses out there. We’ve noted which courses are self-paced and which are being released more formally and sequentially. The Coursera, Udacity, and EdX platforms all offer the opportunity to complete coursework and earn a certificate for completing the course, but any of these can be taken more casually.

    Source …

  2. Property Management: Choosing the right investment property – The Santa Fe New Mexican: Home/Real Estate News Alerts. Oct. 16, 2013. Morning Edition. #RealEstate

    As property managers specializing in commercial, vacation rental, and long-term unfurnished rental, we are constantly questioned as to what makes for the best investment property. First, it is important to understand one’s goals in purchasing investment real estate. Is the goal to have a second home and defray expenses? Or is it to achieve the greatest monthly cash flow with the fewest headaches? Regardless of your response, it is paramount to first understand your goals before making a decision, as well as the pros and cons of the different investment property alternatives.

    Long-term unfurnished rentals — The most common real-estate investments are in unfurnished long-term rentals that will provide the greatest return with the absolute minimum capital outlay. In most markets it is feasible to find reasonably priced homes that will perform well in the rental market. Investors can expect regular monthly cash flows and minimal vacancy time. At the same time, they can also take advantage of certain tax benefits. However, for many investors, not having regular access or use of the property causes them to search for other alternatives. Whether you decide to manage the property yourself or hire a reputable local management firm, the headaches are kept to a minimum as the Owner Resident Relations Act governs these types of relationships.

    Long-term unfurnished rentals …

    Vacation rentals …

    Commercial rentals …

    Read the source where Brant Goodman fleshes out some of the details.

    Source …

  3. EconoMonitor – Why Chinese Urbanization Is Different

    A city of 260 million or a network of cities totaling 260 million?

    Some critics argue that Beijing is about to create a “Chinese city of 260 million people,” which Gordon G. Chang , the author of The Coming Collapse of China (2001), compares with the Bohai Economic Rim, centered on Beijing and Tianjin. These critics also believe that Guangdong hopes to combine nine major cities in Guangdong into a single city of more than 40 million people, which they call “China’s maoist vision.”

    True, there is — actually, a longstanding — plan to network the infrastructure of Guangzhou, Shenzhen, Dongguan, Foshan, Huizhou, Zhaoqing, Jiangmen, and Zhuhai in Guangdong. But the goal of Chinese planners is not Fritz Lang’s nightmarish Metropolis (1927). Rather, they hope to integrate cities with provinces, and provinces with the nation. By strengthening the ties of these megacities, they will strengthen Chinese economy, social cohesion and urban welfare.

    Source …

  4. What the Great Fama-Shiller Debate Has Taught Us – Justin Fox – Harvard Business Review News Alerts. Oct. 16, 2013. Morning Edition. #RealEstate

    We include this primarily because of the Case-Shiller Home Price Indices.

    Shiller, who got his Ph.D. from MIT in 1972, devised his own test of market efficiency, asking in a paper published in the American Economic Review in 1981, “Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?” His answer: Why yes they do!

    … Shiller, for all his criticisms of the Efficient Market Hypothesis, still seems to endorse a very loose version of it. He has shown that asset prices have a tendency to overshoot, but he’s nonetheless generally a big believer in financial markets, frequently arguing that what we need are more markets and more ways to hedge our risks. His extracurricular activities, from his books to the Case-Shiller real estate price indices he co-created, are best seen as attempts to educate market participants and get them to do a better job of setting prices.

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  5. Brokerages, rental sites vie with big 4 real estate portals for audience share | Inman News News Alerts. Oct. 16, 2013. Morning Edition. #RealEstate

    The big four real estate portals — Zillow, Trulia, and Yahoo Homes — continue to dominate the real estate category, accounting for more than 1 in 3 visits in September, according to data from Web analytics company Experian Marketing services.

    But scrappy brokerages like Redfin and ZipRealty continue to mix it up …

    Source …