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Showing posts from February, 2021

The MOST IMPORTANT FACTORS FOR REAL ESTATE INVESTING

What’s the most important thing to look for in real estate? While location is always a key consideration, there are numerous other factors that help determine if an investment is right for you. Here’s a look at some of the most important things to consider if you plan to invest in the real estate market. 1. Property Location Why It’s Important   The adage “location, location, location” is still king and continues to be the most important factor for profitability in real estate investing. Proximity to amenities, green space, scenic views, and the neighborhood’s status factor prominently into residential property valuations. Closeness to markets, warehouses, transport hubs, freeways, and tax-exempt areas play an important role in commercal property valuations. What to Look For  A key when considering property location is the  mid-to-long-term view regarding how the area is expected to evolve over the investment period. For example, today’s peaceful open land at the bac...

JUST BEFORE YOU SEAL THAT REAL PROPERTY DEAL

As one might be propelled by the wonderful and tempting location, fantastic price and desire to own real property, there is the need to take all necessary steps and precautions, by doing due diligence on the said property. The myriad of real property cases lingering in courts is a testimony of the havoc wrecked by dubious land and landed property vendors. In the light of the above, it's pertinent for  real property purchasers and speculators to be properly guided as ignorance of the law isn't acceptable as an excuse at the law court. 10 Legal check boxes before you seal that real property deal 1)  Investigate the title of the owner.  2) Carry out a physical inspection  3) Know the capacity of the person selling 4) A receipt is a mere evidence of sale transaction  5) Get your instrument of title 6) Get your deed of assignment properly drafted by a lawyer 7) Take possession and register presence  8) Register your instrument of title  9) Comply with build...

OTHER WAYS TO INVEST IN REAL ESTATE WITHOUT INVOLVING DIRECT PROPERTY OWNERSHIP

  OTHER WAYS TO INVEST IN REAL ESTATE WITHOUT INVOLVING DIRECT PROPERTY OWNERSHIP  There is this misconception most of the people harbour that real estate investment is only possible by direct property ownership which isn't true.  Owning property is not the only way to invest in real estate as there are numerous other lucrative options available involving less maintenance and offering steady cash flows. Ways to invest in real estate without involving direct property ownership: WHOLESALING   Wholesaling is a sort of property-flipping process where an investor has to sign a contract to purchase property, which is underpriced. The property is then sold immediately to another investor at a higher rate to earn a profit. Most of the times,  such an investment is made by wholesalers having enough fund to make such investments. They then intend to sell the property as quickly as possible to a homebuyer or house-flipper. However, it is a slightly risky investment th...

OVERVIEW OF REAL ESTATE INVESTMENT

  OVERVIEW OF REAL ESTATE INVESTMENT Like a seed planted by the river of water, which brings forth beautiful fruits overtime; investing in real estate can be compared to sowing a seed, which grows and brings forth colorful results over a  period. Such colorful results, in terms of return on investment is guaranteed because real estate  seldomly depreciate due to its ability to withstand most economic crisis. Real estate comes in various forms such as residential, commercial, retail and industrial real estate  which are all concerned with rentals for private uses or business purposes. The ways of investing and earning in real estate include land flipping which simply means reselling a purchased land after the land has appreciated either in short term or long term; lease option which involves buying property for the sole aim of leasing it out to other businesses for an income while the property still appreciates for future sale; rental income which involves house rent,...