3 Of The Most Lucrative Property Investment Ideas

property investment ideas

If you’re going into property investment, then exciting times lie ahead for you. Whether you’re investing to make money, or investing to buy your first home, there’s so many new things you’re going to have to deal with. If it’s for buying the home, you’re going to be dealing with the stresses of the actual move.

If it is just for making money, then you’re going to have to deal with the stresses of finding the right property that you think will make enough money. Whatever area you’re going into, property is always going to be fun. So here are some of the best property investment ideas we think you should try.

Read more

Overseas Property Buying Mistakes You Need to Avoid

overseas property buying mistakes

Investing in property is a very popular way of tying up one’s money in the 21st Century, primarily because it is seen as a ‘safe bet’ – of course, there is no such thing. For sure, it is possible to make money and a lot of it when investing in property, but it is by no means a certainty.

Even if you’re buying property overseas on sites like rumahdijual.com/depok/rumah-murah, where your money will stretch much further, and the potential for growth is there, there is no saying whether you will make very much money or not because the housing markets can crash as well as boom, and then there’s the fact that you could make any number of mistakes that could make you regret every buying property at all.

That last part, at least, we might be able to help you out with. Take a look at these common overseas property buying mistakes, and ensure that you avoid them should you decide to invest abroad.

Read more

Top 9 Things You Shouldn’t Forget When You’re Viewing A House

viewing a house

Some buyers go around a house for half an hour and they make a decision as to whether or not they want to buy it. The main thing to remember here is that this house is quite possibly going to be your home for the rest of your life, and half an hour might not be long enough for you to get a good idea of the property and what it has to offer.

Of course, it is understandable that you may not have hours spare to go through everything. So, it helps to have a checklist that can be used to try and work your way through the most important aspects of it.

Damp

The first thing that you need to take note of is whether there is damp or not. Damp can give off a very moldy smell and you may also see plaster that is flaking away from the walls. Other signs include watermarked walls and even ceilings as well. This may sound very obvious but you’d be surprised at how many people overlook things like this. You will want to look around the skirting board, and if the house has been recently painted, make sure that you ask the owners about this before you make your decision.

Read more

New vs. Old: Which Will Work Best For You As A First Time Home Buyer?

buying your first homeAre you looking into buying your first home? Or even packing up the home you have built and moving to somewhere new?

When you’re looking to buy a new place, you’re always going to be faced with a lot of options. Especially when you’re not too sure about whether you want a new property or something much older. Sometimes, there’s too much choice to take into consideration, and it can leave you feeling a little overwhelmed.

However, you’re going to want to try and cut through the noise and make the right choice to suit your situation and your family’s needs. But how do you know what that will be?

Consider some of these key real estate points to discover whether you really should be buying new or old.

Read more

3 Of The Best Ways To Get Your Home Ready To Sell

This contributed post is for informational purposes only. Please consult a real estate professional before making any decisions.

ready to sell

When we are looking to buy a property, a lot of us are so busy in life now that we aren’t always looking for a fixer-upper. So, from the view of the seller, what can you do to make your house ready to sell right now? Some of the ideas are quite straightforward. It’s all about getting it up to scratch.

Declutter!

Before the start, you need to start thinking about making the home as neutral as possible. This means decluttering, and depersonalizing your home, this is all about removing any personal stamps you might have in the home. Whether you were to sell your house now or in the future, you need to be ready for the viewings, this means getting rid of anything that may look a bit too much when someone’s viewing the home. Remember, they need to be able to picture themselves in your home. So, you may feel tempted to go one step further, and remove almost everything so that it is a completely blank canvas.

Read more

Pros & Cons of Building Your Own Home

This contributed post is for informational purposes only. Please consult a financial and real estate professional before making any decisions.

building your own home

If you are looking to get into the world of real estate, it is likely that buying a home is the choice that you have been looking at. But, have you ever considered building your own home? You may instantly think that this is something that you can’t afford, but you may be a little surprised when you start looking at this approach in more detail. So, let’s run through the pros and cons of building a home for yourself. This will give you a good overview of whether or not this is the right approach for you.

The Pros

Let’s start off with the positive points. The most obvious one is that you have complete control to build the house as you have always wanted it. Of course, you need to make sure that you budget carefully to ensure that you don’t overspend, and you will want to hire the right people so that you do the job right. Hiring top-rated general contractors is a good starting point. It is also a very exciting process when you go through the initial design phases and start to see your dream come to life.

Read more

Don’t Let The Dreaded Property Chain Break

This contributed post is for informational purposes only. Please consult a financial and real estate professional before making any decisions.

property chain link

There are a plethora of reasons why the whole buying and selling a house thing is more stressful than divorce (or at least on a par), but the top of that pile is the dreaded house-buying chain stress. Just when you think every little has been ironed out and you are ready to move into your new place, the sale on yours falls through and so does all the progress that lead you to this point. It is infuriating.

The ideal situation is avoiding a chain at all costs, or at last only getting yourself into a small chain. That can be a simple matter of choosing the right seller-slash-buyer, learning what selling a house fast entails, buying new-build properties or selling first, renting and then going on the house hunt.

Read more

Does It Make Sense to Fund Your Retirement with Property?

This contributed post is for informational purposes only. Please consult a financial and real estate professional before making any decisions.

fund your retirement with property

Preparing for retirement is essential if you want to live comfortably while you’re no longer working, or even afford to stop working at all. As people are living longer, many are worrying about whether they’re going to be adequately prepared for retirement. At the same time, many people are also struggling to save and invest anything for their retirement. If you’re currently thinking about how to be ready for when the time comes, investing in real estate might be one thing you’re considering. Firstly, there’s getting on the property ladder so you can have your own home, then there’s the option of buying a property purely for investment. But is this a good idea?

Read more

Buying Property in the United States as an Investment

 

If you are a non-U.S resident you must have considered buying property in the USA at some point. It is still the world’s largest and most stable economy, the rental yields in some cities in Georgia, Michigan or Maryland are nuts, and overall it seems like one of the most natural places to diversify your investments into.

You can tap into the American real estate market by buying a REIT which is the recommended “no hassle” alternative for those who don’t have a particular interest in managing an asset abroad, but clearly there is a higher upside in actually buying one specific property and renting it.

Buying USA property is a slightly different process than in the UK, but it is very feasible to do so even if you are not an expert. Just look at how international investment in U.S real estate has grown this year.

Read more

Is a Mortgage a Truly Wise Investment?

Is Owning a House and Mortgage Financially Sensible?

One of the biggest components of the traditional American Dream is owning a home. Millions of Americans have taken the plunge over the previous decades to buy a home of their own. A home can help you build wealth over time, but is it the most sensible move from a financial standpoint?

Homeowners In The US

Nearly 63 percent of American households owned a home as of 2015. This left 37 percent of Americans renting. In many instances it is actually cheaper to own a home than to rent. However, there are some variables that can come into play when deciding whether owning a house makes sense.

Read more