Supply and Demand is the simple answer, but typically economic or local conditions impact house prices . When more people want homes to buy than are available, the housing market
What stops someone from buying houses with a mortgage and having the tenant pay the mortgage in their rent? Why not do this with 50 houses?
Leadership... or in this case, lack thereof. People have to understand that mass transit is part of the infrastructure of ones city. It requires not just maintenance, but investment, as well. That requires revenue... ie, tax revenue. Our myopic representatives are too cowardly
The question is actually a good one. I know people before me made it a bit of a joke, but there are situations where an investor may not need to claim the depreciation! There was a year that i did not make a lot of money so the depreciation would not have decreased
You're kidding, right? Where I live you need a pre-real estate course (salesman) and then you take the state test, then when you pass (and sometimes it takes several tries before you pass their test) you take the post-real estate course. If you have bad credit where are you going to get the money
Good question! First, you should pat yourself on the back for wanting to get involved in property investing-it's a great way to earn an extra source of income and generate cashflow, especially at such a young age. You have multiple different options, depending on how much time per month you
You need a trusted Chinese local to rent for you. When I moved to Shanghai for several months, the girl I was dating, and my reason for moving there negotiated the apartment for us. Even though she mostly went home to her parents place at night, it was much cheaper for her to rent it for
There are a few options to consider they are,High Interest Term Deposit - This may be good if you are trying to accumulate reserve funds for unforeseeable expenditure such as higher than expected vacancy rates, increased interest rates, unexpected taxation bill or unexpected capital expenditure
10 secrets of how I do this...I may change air filters & a lightbulb. Anything more complicated than that I'm in trouble and it's just too much for me. I don't even own a tool box, so I'm completely an incompetent handyman.I
It's never a bad idea to invest in Real Estate but it is crucial to do your research about the location and the current market scenario before any investment decision. Also, commercial real estate gives higher Returns on Investment (ROI). After purchase of the property, you have control over the type
My refinance mortgage broker keeps telling me 'payments for first year are mostly interest'. Why should I know this at all? Isn't it obvious that I should pay one day's interest as long as I owe money for that day, correct?
What your mortgage broker is trying to tell you is that, in your first year of payments, the vast majority of it goes to interest payments, while very little is being applied to reduce your principal balance.When a mortgage is amortized so
There are ten steps to every Real Estate Investment strategy and you have to be aware of these. It basically from the start to the end. For your investment to be successful, you have to follow this.Step #1 – Choosing Your Property TypeWell, there are
Everything is moving online and all the things you need are always available online and with little research, you can find things for free.Let me share a little secret. Whenever I need something, I go online search for companies offering those and then see which one has a free trial. I take the free trial period and
There are many different strategies and ‘secrets' of real estate, however none of them make any bit of difference unless you already have the real secret of property investment, which is having a goal in mind and the right strategy
Join a brokerage, find a mentor, absorb all his/her teachings, techniques and best practices. After a year or two, when you feel you're ready to strike it on your own, start your own business.There's a lot of things to learn, which you can only do through real life experience.Other brokers and agents here on
The most important thing you should do before deciding to invest in a certain income property is to value this property.There are a number of factors that determine the value of the property, they can be summarized by the following:Income
You can buy a house worth 300k with only 30k to start and have someone else (tenants) paydown the mortgage.When you buy stocks, you buy 30k Of stocks and hope it goes up over time..and it maybe worth less than 30k.I invested
I work for a property investment company that has sold property to over a hundred investors over the years (many of them buying several properties from us) and it really is one of the best ways to build wealth and secure a
From the many years ago, property investment have been known to thrive because of a million reasons.1. The population of a country at any given time is growing and people need shelter, or commercial property in which they must find shelter while they are working. Property has therefore been a continuous source of income that cannot betray
You can go out to the Bar Association list which probably online at this point.Otherwise, you ask your local professional Real Estate Broker for a referral. Real Estate lawyers have an area of expertise, much like you wouldn't go to a divorce lawyer if you had a car
Ironicall since 1991 housing market are stable and rising not only that but increased development of new subdivisions even to surrounding area,If u consider since last 26 years of escalation in prices, is it a bubble ??? to sustain that long stretch??Even as of 2017
What are some websites and ways to compare the state of different businesses in different countries? For example, real estate in country X vs. in country Y.
I have looked over the Central Intelligence Agency World Fact Book several times over the years. There is a lot of interesting information on there about different countries around the world. You might be able to find something helpful on there.
Will the home prices in Southern California continue to rise in the foreseeable future? When will the real estate market start cooling down? Will there be a crash?
Anyone who tells you they know the answer to that is lying. While there are indicators of what might happen, traditional methods of gauging the future are further complicated by the tempestuous times we live in and the reality that events across the globe can