Released on: April 23, 2008, 12:26 am

Press Release Author: Success Insiders`

Industry: Financial

Press Release Summary: Anthony Chara is a managing partner of ADG Holdings LLC, and
founder of Wealth Classes of Colorado LLC. He has owned or managed several
successful multi-million dollar companies during the last 20 years.

Press Release Body: He uses two pieces of software when looking to invest in
apartment buildings to make the process of analyzing the deal more efficient.

The first one allows seasoned investors to analyze up to 100 properties at a time.
Without the available software it can take days upon days to analyze the numbers.
The goal is to get as many offers on the table as quickly as possible. With as
little as five minuets it can be determined whether or not the numbers are going to
work when making an offer. Once everything is in order a letter of intent to offer
is generated and the process of purchasing begins.

The second piece of software is used to break down all the information into a finer
look at all the numbers, including taxes, insurance, utilities, management fees,
maintenance and repairs. This information will be matched to reports to verify and
confirm that everything is within the right tolerances for each of these categories.


Investing in apartments is a lucrative business when properly researched and
analyzed. The average apartment building is going to appreciate about 5% a year on
average over the long term. Income is monthly and a small percentage is based on who
moves in or out and the total amount of expenses that must be covered. With proper
research on purchasing an apartment building a person or group of people can leave
their current jobs to live the lifestyle that most aspire to. Robert Kiyosaki author
of Rich Dad, Poor Dad gives the definition of getting out the rat race as having
enough passive income to surpass monthly expenses. It is important to remember that
nothing comes together without a plan. Focus on goals, figure out what needs to be
accomplished, form a strong business plan, and work the plan to be successful.

Find out more about Anthony Chara at http://www.successinsiders.com/ Click on "Ask
our Experts" to ask Anthony a question about investing in apartment buildings

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