I want to do investment in property.. Where should i invest??
Announcement
Collapse
No announcement yet.
Investment in property
Collapse
X
-
Being experienced investing in property, I think that you need to slow down and do your research. It's not as simple as just picking a place where a house is on sale and just buying property like that. You need to ensure that you have the right manager for it as well as frequent enough access to the piece of real estate so that you can maximise your returns from it. Stick to a market that you are familiar with first and move from there.
Comment
-
Become a part of a real estate investment group to learn the ropes of investing in property. Like an REIT, a real estate investment group pools the money of two or more people to purchase, develop, manage and sell properties. Because these groups are generally much smaller than real estate investment trusts, members can aid in managing properties, and learn tips and advice from other seasoned investors.- A real estate investment group is private, and is required to pay profits only according to private contracts. #*Additionally, investments with real estate investment groups are not as liquid as an REIT. Instead, one or more properties must sell before a member can withdraw from the group.
- Purchase a property to develop and sell. These are called short term ownership investments, and present the opportunity for high profits.
- When flipping a property, choose a home, apartment complex, duplexes or a commercial building with outdated features and needed upgrades.
- Negotiate a bargain with the seller for an as-is property, and install the upgrades needed to increase the property's value.
- While you can hire a contractor for the work you need done, more self-repairs will result in a higher profit margin. Attempt to sell the home yourself before enlisting the help of a real estate agent, as agent fees average around 6 percent of the total home sale price.
Comment
-
If you are interested in investment then firs you need to do research of property in various country or states. It is not easy as you need to check all details of particular property before buying. India is now developing country and have more property sites where you can look and see the details.
Comment
Comment