|
> News of the day < The Sam’s Town Las Vegas Nevada location is the prize and flagship of all the Sam’s Town facilities across the country. The other hotels across the country are all modeled off of the Las Vegas “style” of hotel. The combination hotel casino and total entertainment facility is what has made Las Vegas one of [...] |
Bryan Ellis is widely recognized as a expert in the fields of real estate investing and internet marketing, so it’s no wonder he’s regarded as a founding thinker of the new phenomenon of Virtual Real Estate Investing. I recently spoke with him about this topic:
Landlords, rehabbers and foreclosure investors, take notice - you may soon be focused on the new concepts of Virtual Real Estate Investing. Everything from using the internet as an avenue to make more money in real estate to online games such as SecondLife seem to be included in the popular definition of this term. And the pure financial potential is staggering.
In order to figure out the truth of the matter, I sought out Bryan Ellis whose experience in the fledgling industry is truly impressive.
“I began using the term ‘virtual real estate investing’ in the late 1990’s when I realized the clear similiarities in profit strategies, regardless of whether the real estate in question is ‘virtual’ or ‘physical’” said Ellis.
One example of the parallels between virtual and physical real estate Bryan Ellis cites is the similarity between the monetization of domain names versus physical property. He points out that control of a domain name or even a specific web page is much like controlling a real estate property: “those assets can be monetized in similar ways: By selling them for a profit, by leasing them, by offering advertising, etc. It’s not even necessary to own a website in order to profit from it.”
Bryan Ellis points to the example of websites like HubPages, Squidoo, Google Knol, etc. “Each of these services allows any person to write an article or create other type of content, and then allows the author to share in the revenue generated on that page. It’s almost as if you’re renting retail space in a highly desirable shopping district, only you get the benefit of a ‘great address’ in the form of a well-known domain host like Google.com but without paying a single penny in rental fees. It’s a win-win scenario.”
I must admit: Its easy to see the parallels. For example, if you’re the owner of a desirable property, its desirability is (in a business context) largely due to its being in a location that is of interest to others. Similarly, ownership of a desirable domain name is valuable for the same reasons. Regardless of the type of asset, you can sell or lease or use any number of strategies to turn the assets into cash.
In our next installment of this series on virtual real estate investing, Bryan Ellis will share the internet analogies to the physical concept of real estate development.
There are lots of kids story books published so parents have a lot of of choices. Parents can read with their kids or the children can read on their own. Reading is fun both alone as well as together. Books can be expensive, though, so you may want to find a way to save money such as joining the local libraries or buying from discount stores. Your local library should have lots of kids books to choose from. If they do not, they should be able to borrow from other libraries, even from out of state libraries.
Choosing the most appropriate books to start your children off with can be a tough job. You want topick suitable books that are also fun to read so that your children will love reading and will want to read more. At your library, you are likely to find books that are age appropriate for your children and those that your children should not read. Some parents just let their kids loose in the kids’ section of the library and let them pick out what they want to read. Others prefer to read kids book reviews and only give appropriate books to their children. You can find numerous kids’ book reviews online, in newspapers, and in magazines for parents. Your local library may also have a list of recommended books for kids.
For toddlers or babies, board books are great. Board books are usually small books made of cardboard. They can withstand rough handling and can withstand being thrown around. You can also clean the pages quite easily because many of them are glossy. There is a large number of board books in stores and they can be quite cheap. Board books usually have colorful pages and simple storylines with few words so that babies and toddlers can get used to the idea of reading even when they cannot read yet.