now browsing by category
The real estate world is still being bombarded with the luminous thought of the real estate bubble bursting or popping or whatever it’s supposed to be doing. High priced markets and hot areas like Miami, Las Vegas and Phoenix have certainly seen a recent decline in pre-construction and condo flips but investors haven’t left town just yet and if they have let me know because I’ll be there on the next flight. New investors don’t have to be afraid of the bubble hype; they simply need to understand that real estate investing is about strategy and education. The right strategy will push you though any bubble or market. You simply need to educate yourself on what strategy is going to work for you. One of the big factors you should always remember when investing is that you make your money when you buy, not when you sell. Taking a gamble on a hot new market and its appreciation is just that, a gamble. If you buy a property at 30-50% below after repair value or fair market value today, your investment and return will only grow from there. You don’t have to wait for the appreciation. It’s already there. If the market grows in value, that’s just a bonus. If you’re a flipper and your worried about the potential bubble, then it’s time to change up your strategy. Now may be its time to find a tenant buyer or renter. In these markets, the key is to have someone else paying down your mortgage while you are building equity and even earning some positive cash flow. As the interest rate continues its climb up again more and more people are going to find themselves in trouble. Those who took advantage of the adjustable mortgage rate that was a deal a few years ago will soon be looking for a way out. Renters looking for their first home will now have to wait a little longer unless you are ready and able to help them. I believe the so called bubble markets are soon going to be a virtual candy store for the savvy investor looking to take advantage of the worried investor or homeowner looking to dump their investment for something better. Almost every late night real estate guru preaches the key to making money in real estate is finding a -motivated seller.- In these markets people are going to find themselves more and more motivated as time goes by. Divorce, bankruptcy and death show no bias so be ready. If you want to stay in the investing game, stay on course, buy low and smart and rise above the bubble hype to stay educated on all the different ways to truly make money in real estate investing and wealth building.
Robb is an active real estate investor, marketing, social media, internet marketing analyst, writer and local business consultant. Robb helps businesses optimize their online and local presence to increase revenue. e.
A real estate business is a safer investment compared with stock market venture. However, there are potential risks that might discourage you along the way, such as increasing crime rates and businesses closing nearby. Those factors influence the flow of revenue in your company. Without proper planning, real estate will not be as fruitful as you expect it to be. Research and organize first before making any decision.
Fill your company with professionals. Expert insights will keep your company stable. Hire licensed employees and do not compromise until you know the investments is to be expended optimally. Hire people who are bound by legal and ethical regulations of the industry. Make a list of the major professionals that you need in establishing the business, including salesmen to do marketing and sales, lawyers to draft and analyze documents, and building inspectors to make sure everything is of good quality.
Invest correctly by defining a budget. The money involved in the investment must cover the current expenditures plus other obligations. It must cover the cost of hired professionals, additional construction and renovation costs, and probable future market for real estate sales and rentals. Make a flexible budget to last long in the industry.
Your investment can come in different types. Choose one according to your personal research and will generate profit in no time. Purchasing a property for a discount because of its physical condition and making cheap repair and remodeling and selling for a higher cost can be good ideas. It will turn around quickly depending on the marketing strategies you will set.
Big real estate investments often involve financing. If you think the investment is on a stable ground, opt for financing. This will support you not to compromise for less based on your financial capabilities. This is also considered a good , as it will allow you to provide all amenities in their best forms after properly considering financing options.
It is also a good to clear all debts that tarnish your credit rating. Define the exact amount you need and calculate the probable amount you can get from a financing program based on your credit score. In that way, you will know what to expect and eventually mitigate or remedy any problem that might arise.
So you have decided to settle for nothing but the best. Investing in Punta Cana real estate is definitely a smart choice. But before taking the plunge, here are some things that you might want to consider, to have a smooth surfing experience while you buy a second home in this heavenly Caribbean slice:
1.When it comes to buying real estate anywhere in the world, remember that short cuts dont work. Make sure you do elaborate research, cost analysis, comparison of several properties before finalizing your dream house.
2.NEVER go for a direct purchase. The chances of getting ripped off or cheated in this case are extremely high. Go through a reputed real estate agency in Punta Cana. Feel free to ask your agency any questions. Dont hesitate or feel inhibited; after all you are investing your hard earned money towards your property. Let them know what kind of area you wish to reside in, what kind of budget you have, and most of all, what are the facilities you look for in your house, condo or apartment.
3.Choose an agency that is customer focused and friendly. Do your research online to go for an agency that has a satisfied client base and is willing to go an extra mile to accommodate your needs.
4.Find out about the kind of taxes you will be liable to pay as a foreigner. It is better to get these stories straight to avoid confusion or unpleasant surprises at a later date.
5.Though the demand of luxury property is extremely high in Punta Cana, it is still a relatively untouched land. Thats the reason why it is possible for you to own a house here at a price that wont burn a hole in your pocket. With fabulous condos starting at USD 88, 000, you can only be assured that you are getting much more than your moneys worth. While making your decision, make sure that you take in to consideration:
oThe location of the condo as the price appreciation and rent income will greatly depend on it
oFacilities in the area golf course, restaurants, hospital, all depending on your preference
oProximity to the airport is extremely crucial for people traveling back and forth
While finalizing on real estate in Punta Cana, make sure to look at all the aspects and weigh the pros and cons wisely. Nonetheless, no matter where you choose to live in this surfers paradise, you can never be to far away from bliss!
Amidst the slowing economy, decreasing real estate demands, falling share market of India, every day or the other we keep hearing here in India that the boom in the building real estate is almost gone. Driving your car in Delhi, India and the stuck in traffic jams on the city roads you wish to listen to some soft live music on the radio and there comes and advertisement from a company XYZ promoting its awesome flats of 2 BHK and 3 BHK as never seen prices, you come to know how desperate they are to sell even a single unit.
A single 2 BHK, Bedroom Hall Kitchen in India around Zirakpur/ Chandigarh around an year back could cost you around 40- 45 Lakh Indian Rupees, but after the slump and the fast decreasing demands in this sector, we see builders coming up with various offers such as a car free with a 2BHK flat in zirakpur, straight 30% discount. 20% down payment and the rest you can ask the bank to keep chasing you.
Some might even offer their kidney if you buy a flat. Sorry, jokes apart, but the lucrative offers are too true to be believed. The real estate mafia here in India would almost do anything to get their flats sold. Take an initial payment from you invested and promise you a possession in the coming 2 years deadline, and then you keep waiting for them to finish the buildings on time and give you the possession.
Yet amidst these suppliers or the so called big giants of real estate, you will find a few good players in the middle, who stick to their very basics and try to give you the best of the value for your money. One such name is Mona Townships Pvt Ltd. Mona Townships is a private limited company with its registered office in New Delhi, India and focusing on one of the most fast developing and demanding areas of India.
One of the prime projects developed by Mona Townships MTPL, under the expert directorship of Mr. Setia and his intellectual sons, Sagar and Akash Setia, are and . The apex projects were almost booked for a great percentage at the time of starting itself and the demand and acceptance of these flats were so good that the company planned for a similar growth under the same name as Mona Greens II.
The success of these flats can be heard from mouth to mouth the VIP road in between Zirakpur and Chandigarh. Mona Townships, the rising star in the sector of real estate in India and the Tricity.
Real estate flyers still have a way of reaching out to more customers. But these days, there are more ways than one to handing them out. You don’t have to stick with literally handing out these flyers from among people who pass by you. You can also take advantage of online methods when it comes to handing out your real estate flyers.
But first things first, you need to plan ahead before making the said materials. It all starts with creating your objectives. Make sure you identify who your intended recipients are. It would be best to profile them based on demographics so you can have a clearer picture of who these people should be. Creating objectives would also allow you to think about what your own business goals are.
When you already have your objectives set, it would be easier for you to create your message. Your flyers must be able to speak to your target customers in such a way that it would generate a response as well. To do this, it would become important to profile your target market so that you would know how it would be best to approach them.
Aside from the message, you should also plan the images you would place on the flyers. It would be best to use actual images of you, your colleagues, and the property you have sold or currently selling. At least your recipients would know that you mean business and this would also allow recipients to already develop an interest about the properties you currently sell.
While you may have initially developed your message, it can be a different experience when already creating your copy. It helps to pre-identify keywords that your copy ought to have so that it would be easier for you to figure out how best to speak with your target clients and current customers.
Finally, your flyers shouldn’t be sent out to people without contact information. That would totally defeat its purpose. Make sure that you have included all the professional contact information you have and double check if they have been updated.
When using traditional channels for your real estate flyers, make sure you choose a venue where your target market can be found. You should also take advantage of events wherein your target market is likely to attend.
And of course, take advantage of online distributions as well. This is where having a website becomes essential because you can use opt-in lists or email marketing to send out your real estate flyers.
Seattle is considered to be one of the best places to buy a house in the US. It’s one of the country’s oldest cities, with archaeological findings showing that the area has been inhibited for at least 4,000 years. This city has a lot of natural resources which have been very helpful in cushioning many economic blows that have buffeted the country. If you’re looking at Seattle homes for sale or are looking to invest into Seattle real estate, here are a few things to look forward to when you’re living in the area:
1. A lot of beautiful parks to enjoy with the family – If you go around the city, there’s hundreds of parks to enjoy with family and friends. The biggest of which is Lincoln Park, which is 135 acres in size and has several tennis courts, walkways, public pools, picnic areas, and more. The Jefferson Park has a golf course inside the public park and has a beautiful and well-equipped gymnasium, a well-maintained set of gardens, and lots of open spaces to run and enjoy with the family. Parks make residential areas more family-friendly and fun to live in.
2. The Space Needle – One simply cannot visit this city without noticing this very unique observatory. The Space Needle was built way back in 1962 for the World’s Fair. During that time, over 20,000 people went up and down the observatory to look at this city of neighborhoods.
3. Lots of places for performing arts – This city has been called the regional center of the state for many years already. There are many places to enjoy different kinds of performing arts. There’s the Benaroya Hall where you can usually watch the Seattle Symphony Opera. There’s the McCaw hall where you can catch the Seattle Opera and the Pacific Northwest Ballet. All over the city, there are different concert halls, opera houses, theaters, and more. There’s also a very vibrant, very diverse music scene in this city. In fact, it has been the birthplace of many genres (like grunge music) and many famous performing artists in the country.
4. Museums – One of the best ways to appreciate the local history and culture is by visiting museums in the area. This city has a lot of interesting museums. One of them is the Burke Museum of National History and Culture. It’s a museum that focuses mainly on the history of Native Americans of the Pacific Northwest. There’s also the Seattle Metropolitan Police Museum which is dedicated to people who lost their lives in law enforcement.
There’s certainly a lot to discover and appreciate in this city. For those who want to buy Seattle real estate, why don’t you look at Seattle homes for sale online? It saves you time and gives you access to a comprehensive listing right at the comfort of your home.
At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.
As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:
Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states.
In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres.
51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route.
Full repatriation of original investment after three years.
Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively.
100 per cent FDI allowed in realty projects through the automatic route.
Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time taken to develop special economic zones (SEZs) by simplifying the procedures to get the tax-tree industrial enclaves notified. Now developers can easily get their land classified as an SEZ at the outset itself by producing title deeds to prove their ownership. Again, the Government has announced several concessions in the Budget 2008-2009.
New Government initiatives to boost sector of Real Estate India include granting a tax holiday on profits from initiates in the financial year 2007-2008. In order to enjoy this benefit, the housing projects should be of the affordable housing unit type of 1000 to 1500 square feet. Another condition is that such projects should be completed by March 1, 2012. Further, the Finance Ministry has allocated US$ 207 million to grant 1% interest subsidy on home loans up to US$ 20, 691. In order to avail this benefit, the cost of the home should not be above US$41, 382. It is believed that these initiatives will be add further impetus to the real estate sector in the country.
Sometimes referred to as the southern gem, Dunedin is the South Islands second biggest city, characterised by a unique Scottish feel and architecture imposed on it during the time of New Zealands colonisation. Surround by beaches, forests and dramatic scenery, Dunedin is noted for its youthful and charismatic population being attracted by the educational and tertiary facilities contained within. With a population of just over 125,000, the city is one of the best preserved Victorian and Edwardian cities in the Southern Hemisphere. Becoming a desired location for students, families and businesses alike, the demand for Dunedin real estate is increasing at above average rates.
According to the latest Quotable Value New Zealand figures, southern Dunedin real estate figures have surged, recording the highest percentage increase in the country. The southern region extends from Waverley to Green Island, including the suburbs of St Kilda and St Clair. The figures illustrate that the area has experienced an increase in home values by 8.7% with an average sale price of $264,000. Likewise, Dunedin overall, showed a 4.9% increase in property values with the average sale price rising to over $276,000.
The increasing prices are a direct result of increasing demand. As many of the main centres in New Zealand are experiencing continued growth in house prices and valuations, Dunedin is presenting itself to many as an attractive option. With the average house price in New Zealand just a little under $410,000, properties in Dunedin represent real value in the marketplace where many families are struggling to find suitable and affordable housing options. According to Glenda Whitehead from QV Valuations, some of the increase in market activity in Dunedin is due to a rise in purchases by existing homeowners, who realise the benefits of purchasing prime real estate at well below national averages.
There are many advantages to purchasing Dunedin real estate, apart from the scenic and natural beauty that the city is surrounded by. With the security of tenure, you will be able to enjoy the cycle of the real estate market, accessing capital gain as the property naturally appreciates. If, like most kiwis, you enjoy a little do it yourself (DIY), then additional capital gains can be achieved through renovations. There is nothing like the sense of pride that comes with homeownership. The freedom and ability to personalise your property to suit your tastes and requirements has long been an aspiration of nearly all New Zealanders. However, with the current price hikes in property prices, renting is fast becoming a reality for many who cannot afford the deposit or repayments on their first home. However, Dunedin is offering the consumer real value and choice. Why not consider a move to a new place, where the people are friendly, the amenities are first class and most of all, your dream property is within your reach.
Naples is known as the “Golf Capital of the World.” Sporting 80 championship level courses, it provides the perfect climate for this and many other types of sports. The amount of sun and plethora of recreational activities makes it one of the most desirable residential and vacation sites in the state of Florida. Depending on the different parts of Florida you will find retirement communities, large condos, and gorgeous homes that you would typically see one M TVs Cribs. Naples, Florida is known for its extremely large and breath taking real estate properties.
There are around 9700 resale and new homes in Naples, including open houses, as well as about 3300 homes in the per-foreclosure process. The average listing price of homes for sale Naples, FL is about $734,700 which is indicates a decrease of about 0.8%. Popular neighborhoods in Naples like Park Shore and Moorings have an average listing of $1,365,200 to $1,014,300. The average price per square feet for Naples is around $175, a decrease of 21.2%. The median sale prices on the other hand have decreased by 30% but the number of home sale increased by 25%.Naples Florida real estate today contains some of the most sought after properties in Florida. Especially regions like Pelican Bay and Pelican Marsh in the city have seen buyers queue up to buy properties. Homes in Naples, Florida for sale have been flying off the shelves, even in the post recession market. Properties Naples offer buyers to live in a truly upscale environment but with prices which are lower than places such as Miami Beach. However, to get the best match for your tastes you need a good Realtor in Naples.
Naples real estate as this sun-drenched seaside community has weathered the latest housing crisis very well compared to other locales in Florida. With the first boomers retiring in 2011 we see good things for Naples real estate for the next decade and beyond. Here in Naples Real estate an individual has many choices. From single-family existing homes to luxury homes, there are many available. If you need a five-bedroom, three-bath home with a swimming pool and sauna, you’re sure to find one in Naples. Can’t afford luxury real estate? There are many mobile homes on the market, as well. You can also find land available in Naples, as well. The fact is real estate in Naples, Florida is available and it is selling and the experts feel it will continue to do so.Naples real estate opens up rich vistas of Estate Living, Single Family Gated property, Single Family Non-Gated property, Naples Condos, Gulf View Condos and many such fascinating types with outdoor game facilities such as golf.
Dream home real estate like Port Royal in Naples Florida is a luxury homes and boat homes community located between the Gulf of Mexico on the West and Naples Bay on the East. The city of Naples is counted amongst the most picturesque destinations bordering Gulf of Mexico with pristine beaches. It is the city which is brimming with a lot of activities making is a best place to start with a new home. The Naples Real Estate Market of, Florida has been experiencing a tremendous growth in the recent years. According to the official reports, the real estate market has showed a considerable growth. Naples, Florida offers a wide variety of residential new construction opportunities for both investors and second home buyers. With a relative slow down in the new housing market home buyers searching for properties in Southwest Florida have many great opportunities available to them.
After we were narrowed down to the downtown area of Naples, we started scouring Naples Realtor and the local foreclosure listings for info. Why the two sources of info? Theoretically properties are not for sale until they are listed on the MLS, but information about the foreclosures are posted publically in the courthouse records and in a newspaper. An overall analysis of the housing market of Naples, during the months of April and May 2010, brings cheers for the simple reason that home buying activity is picking up; inventory of unsold properties diminishing, although the median home prices are somewhat decreasing. When selling a home the curb appeal is one of the most important things to spend some time on as without it, prospective buyers may drive right past your home and never stop to take a closer.
One last benefit to knowing the statistics of my market in greater depth and detail than other Realtors in my market, is that on occasion I get contacted by one of our local papers for “expert” analysis, further cementing the perception that I work on a different level than the other agents in town. When these newspaper clippings are shown to prospective clients alongside my graphs and data, there is no doubt who the professional is, and who the client is!.New home constructions in Florida, such as in Orlando, qualify for the new home rebate. This means you choose the blueprints for your home and a contracted builder builds the home from the ground up. To take advantage of this rebate, you must go through a real estate agency as your referring Realtor.
Buying real estate is a major financial decision. Every step should be taken to ensure a buyer makes the best decision. Following general guidelines and state laws will help to ensure the transaction goes smoothly. The best way to find condominiums for sale in Naples, Florida is to consult an experienced realtor in the area. They are aware of the properties that are up for sale and can assist you to get the best deals.