Investing in Real EstateThursday, September 10, 2009

Many investors are finding that investing in real estate is a great way to supplement their current income and help others at the same time. This is in part due to the economic status of the country and the foreclosure status of many homes. Before investing into any investment property you should consider a few things such as the market, your initial investment cost, management costs and resale possibilities.

When considering investment property, it is vital that you consider all of these things and ensure yourself that you are making the right purchase. For instance you must consider where the demand is the greatest. You may want to purchase a home in a prestigious area of the city but there is no demand for rental property there so your investment is not a good one if the home sits empty for long periods of time. Next consider what type of property you will purchase. Sometimes purchasing multi-unit homes can be more work to maintain but bring in the greatest return for your money.

Purchasing real estate that is substandard can cost you a great deal of money before ever getting a penny on your return. There are thousands of homes that can be purchased at a discount due to being in foreclosure. This enables investors to purchase a property low and after only a few years of ownership, sell high once the market begins to recover. Many of these homes have been well taken care of and need little to no repairs before being able to rent them out.

What is Aimiya SoftwareMonday, August 31, 2009

So, what is it Aimiya Financial Goal and what is the main differences between it and any other Personal Finance product.

One of the creative minds behind Aimiya was a financial manager and had over 10 years of experience. Needing a product to coordinate his own personal finances, lead to the creation of Aimiya Financial Goal.

Aimiya was created to be a really useful tool for personal finance management. It was meant to be a better way to track and manage finances then the traditional budget style of watching transactions.  Many of you how boring it is to account every time the same transactions appear from your credit card and bank report. If you don not maintain it on a regular basis you will forget many transactions and lose the accounting way of doing things.

Aimiya is oriented toward setting goals. While you can use other tools to budget and track tiny details, Aimiya gives you the way to set and obtain your goals. It allows you to decide how to increase your personal assets and then record how things go according to your plan.

Yes, it’s all a matter of inflow and outflow. Money in and money out and how that money affects your final results.

Our story, how we created our businessMonday, August 24, 2009

I.       In the Beginning

Amerco International Limited and the Aimiya Software brand began as a project designed by two friends who spent many years working for a large company dealing with the implementation of accounting and management systems.

One of those two people was a specialist in finance and the other was a lead programmer. The work was tedious and routine and they spent many hours training people and maintaining the already designed systems. Corporate finance being what it was, there was not much room for advancement and no room for creativity. There had to be a better way to make a living and the time had come to make a move.

Personal Finance was a new venture for both people. The core concept behind the Aimiya Software was developed using a spreadsheet on Microsoft Excel. Several years of trial and error lead to a data model that left only the most valuable instruments which immediately showed performance and position.

The model was initially based on an individual achieving financial independence by the age of 40 and to design all the aspects and conditions of the finances around achieving this goal.

One of these portfolio decisions was the creation of a personal business.

Going into Debt – Is it Good or Bad‎Wednesday, August 19, 2009

Debt is a common problem in our fast paced world today. You purchase an item and pay for it later, spend without any consideration to how much you are spending, open credit accounts with the intention of building credit and keep our economic world turning, right? Wrong! Going into debt costs everyone in the long run. Consider this; your neighbor borrows $22,000 to purchase a new car. Their payments are more than they can afford and they end up defaulting on the loan. The loan company therefore must raise their interest rates in order to recover from hundreds of customers defaulting which in turn costs every new customer they deal with.

Let us examine some of the pros and cons of going into debt. On the pro side we have the fact that you can get something you really wanted quickly and pay for it later, build your credit score for future large purchases, maintain a certain lifestyle and join the ranks of the plastic world. The cons tell us that sometimes our spending habits get us into trouble and we find it hard to get out of debt, the interest rates we pay on credit purchases ends up costing us more than double for one item, we can maintain our lifestyle by saving for purchases and more people end up filing bankruptcy than paying their debts off.