Category Archives: Real Estate

Emerging Trends In Real Estate

The real estate industry is one that does not face depreciation. Continuous development is always taking place and it is always evolving. The government has come up with policies and investment plans that have been instrumental in increasing the investment value of the real estate industry in India. Since the initiation of Foreign Direct Investments (FDI) in 2005, the real estate industry has come to be known as the Indian property bubble. The real estate industry is the second largest in terms of foreign investments which has led to three times the size of the turnover of the industry prior to the FDI policy being initiated, facilitating other countries to invest into the Indian real estate industry. This has created a very positive identity for the industry. A rapid growth in the commercial, residential, and retail sectors of India in metro cities like Mumbai, Delhi, National Capital Region, Bangalore and Chennai.

A trend in the real estate industry would be any pattern that is consistent and causes a noticeable change over a period of time. This change in direction will result in statistical changes. Economic changes, fluctuation in mortgage rates, speculations by consumers, or other reasons may cause the rise of new trends. The advancement in technology has brought about welcome changes for consumers looking into the real estate industry. The Internet is one such upgrade. In the recent years, a majority of real estate buyers have been reported to using the internet for information to invest into real estate development. This has been a huge advantage as buyers dont have to go through other time consuming media to acquire essential information and there are lesser chances of distortion of information which would otherwise occur if there was any human intervention.

Thus, the internet dominates other conventional media like newspapers and other sources as the consumers preferred medium of information. The National Association of Realtors (NAR) of the United States of America revealed in a study that “An overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel. Although the internet is the popular source of information, real estate agents, yard signs, open houses and print media (newspapers and magazines) are also consulted by buyers prior to investment. Magazines, builders, television, and billboards are presently one of the fewer used sources.

Pacifica Aurum in Chennai is one of the organizations that have greatly benefitted as a result of the internet trend. Pacifica Aurum specializes in offering villas in OMR and luxury apartments on OMR. Pacifica Aurum is a reputed real estate firm in India based in the United States of America who have been involved in the construction of residential and commercial projects in various cities across India (Ahmedabad, Vadodara, Hyderabad, and Pune) and are now launching projects in Chennai concentrating on luxury apartments on OMR (Old Mahabalipuram Road) and villas on OMR as well.

Ethiopia Real Estate And Buying Ethiopia Homes

The real estate brokerage business in Ethiopia is not as well developed as in other countries. You dont see large and established real estate brokerage companies so common in western countries. Here, buyers and sellers for Ethiopia homes rely on local agents, commonly known as Delalas. For the most part, these are traditional agents with no formal training in real estate but who basically mediate between buyers and sellers for Ethiopia real estate. Through word of mouth or their special network, these agents know the areas they operate in very well.

When you want to sell or buy Ethiopia homes, you just call one of these agents and tell them of your intention. These agents, in turn, inform their associates who would help them find prospective buyers or sellers as the case may be. In many cases, the Delalas work in groups of two or three and split their commission according to who was the principal negotiator and who did the most work.

A great deal of negotiation is involved in buying Ethiopia homes. Asking prices can be as high as 50% more than the final sale prices. Negotiations can take weeks, and even months in some cases. Expect to walk out of a negotiation a few times. In many cases, the Delalas play critical role in convincing both sellers and buyers to come to terms.

In general, Delalas do not help customers in completing the legal paperwork needed to complete the Ethiopia Real Estate transaction. This must be done by the buyer and seller themselves and may take several months. It is very important that buyers check the authenticity of seller documents before buying real estate in Ethiopia. Otherwise, they can waste crucial time and/or money in such endeavor. For a small fee, people who are less skilled with the Ethiopian bureaucracy may seek the help of legal assistants locally called Guday Asfetsami.

Home mortgages are hard to come by in Ethiopia. Most Ethiopia real estate transactions are conducted on cash basis. Mortgage financing may be obtained in some cases, but primarily for new homes built by developers. These companies negotiate financing terms with local banks in advance for all of their clients. Basically, they arrange group deals for their clients those who can put the required down payment. Down payments vary from 20 to 40%. Although most mortgages are for 10-20 years in duration, some companies arrange mortgages for as long as 30 years. Interest rates are variable and depend on the prevailing interest rate fixed by the Ethiopian central bank.

It is estimated that there are about sixty local and six foreign real estate development operators in Ethiopia. Examples of local developers include Sunshine Real Estate, Ayat Real Estate, Gift Real Estate, and Ambassador Real Estate. A major problem with homes built by some of these companies is the time it takes to complete construction. In the past, some of these homes were completed many years past their due dates. And some Ethiopia homes never made it to completion.

So, who can buy homes in Ethiopia? Anyone can buy real estate in Ethiopia as long as he/she is an Ethiopian citizen, foreign national of Ethiopian origin, or has Ethiopian parents. To see the latest listing of residential and commercial properties for sale or rent, please visit sites such as Ezega Real Estate, which is the largest real estate portal in Ethiopia and lists hundreds of homes for sale and/or rent at any given time. Anyone can register and post properties there for sale or rent for free.

An Investor Or Broker In Real Estate

Since ancient times the property has been the best way to create wealth and large real estate barons today as Donald Trump, Warren Buffet and Robert Kiyosaki confirmed. You can enter in the real estate business in 4 different ways as a broker, investor, developer and builder… This is a good time for those engaged in the business of buying and selling real estate because currently opportunities abound both new units and use.

As a Real Estate Los Angeles Broker: This is the person who is engaged to negotiate the sale or rental of land, houses, buildings or apartments. Also called brokers, your business is finding customers to sell or lease the property of someone who does not want or does not have the skill or contacts to negotiate and earn a commission for this work that is proportional to the value of the property. In all countries there are associations of brokers that provide training and an exchange network of contacts to the success of its members. It also has the huge advantage that you can work it independently, you do not need capital and you can generate good profits without relying on agents office.

As Investor: He is the person who has a good capital to buy and resell properties. Usually this person takes advantage of reductions in prices or offers of those who sell their homes or land to buy and resell at a higher price thus obtaining an almost immediate utility. Its business also includes often remodel or improve houses or apartments to dramatically increase their sales price. The disadvantage is that smell and experience required for successful investments and minimize risk.

As Developer: Much like the investor , people or companies that have the ability to acquire large tracts of land for construction on small lots and sell them to customers at grassroots level. His success is to acquire the farms at very low prices, and resell urbanize thereby obtaining huge profits.

Builder: Although in the latter case the business is more focused on building, also has much to do with the housing market as their main clients are investors who require their services for the construction of houses, condominiums or offices for sale or rent. Its usefulness comes from the construction of low cost homes for sale in Los Angeles.

Builder should assess the quality of the materials used in construction, aesthetics and internal distribution, and in the case of apartment buildings. Verify if they have facilities like lift and power plant, and even if they are few or many units.

A real estate los Angeles consultant is able to make a study of the area where the property is located, compare prices and see which is the value per square meter in the area, even you could make a projection of the amount to win in business, and even if you should sell now or whether it is better to rent. In addition he has to make a capital budget for every project whether big or small. There are many people who invest in property market for long term profits prefer not to sell because their businesses are based on rental housing and local, which is a reliable source of income, especially if the properties are located in the central polygon and its surroundings, or in Areas University, where there is always a high demand.

Are You Really A Real Estate Investor

By accident, I believe that our industry does us all a disservice. How? By calling us real estate investors.
How many of you call yourselves real estate investors? Lots. How many of you feel a little queasy when you introduce yourself as a real estate investor? (No need to confess you just need to recognize that feeling).

Do you want to know why you may be feeling queasy? I’ll tell you. It’s because of the incongruent language we are using on ourselves. Let me prove it while helping bust the number one fear of real estate “investors”.

What do you think of when you hear the word investor?
I bet it’s “cash” or “credit”. Right? Maybe something that you feel that you don’t have. So if your business card declares you a real estate investor and you don’t have any cash, do you feel funny, or out of integrity, or incongruent? Maybe a little?

On the other hand, what do you think of when you hear the word entrepreneur? The answers to this question usually range from “opportunist” to “opportunities” to “ideas” to “deals”, etc.

The definition of an entrepreneur is someone who uses the time, talent and treasure of other people to realize their idea or vision. Read that again because this a subtle but important point about your real estate success.

The number one limiting belief of real estate “investors” is “I cannot do this business because I have little cash and/or bad credit.” And if your subconscious holds this belief, guess how hard you are going to work to find deals. Guess how many deals your are likely to do. That’s right, you will do ZERO.

Good news! This limiting belief is easily busted.
You are not a real estate investor. You are a real estate entrepreneur.

What’s the difference? Well, entrepreneurs bring the deals to the money. Investors bring the money to the deals.

By DEFINITION, entrepreneurs are not expected to use their own cash. They are expected to raise cash for their deals and projects. That’s what we do. We find the one thing that is much more valuable than the cash which is the deals.

Money is easy. Finding the deals is the part that requires a little work. But most real estate “investors” get hung up in marketing or making an offer because they don’t have the cash sitting in their checking account. They freeze.

You need to declare yourself a “Real Estate Entrepreneur.” That’s what I do. At this stage of my life, it’s more fun being the entrepreneur and putting deals together. It’s my form of creativity. It’s my art. Being the investor and putting up the cash is OK but it’s kind of like being the guy that furnished the paint to Michelangelo. Nobody remembers the paint supply guy.

I urge you to adopt 2 new affirmation(s):
I am a real estate entrepreneur.
I am leveraging the time, talent and treasure of others.

Real Estate Investment Tips Young Investors Can Follow

Real estate investment is not really one of the major priorities of young career persons. Many of these professionals choose to rent an apartment or a condominium unit and then save some part of their paycheck for a car investment. But investing in a house is really one of the best financial management strategies that young people can get into especially if they have a smooth-sailing career and they have quite high income. This kind of investment can also help them learn the value of making responsible monetary decisions. It is best to start investing in a house at a young age. If you want to start learning the real estate industry, here are some tips to help you achieve success in investing.

Always save money Every time that you receive your paycheck, make sure that you allot some amount for your savings to help you be financially independent later in your life. If you start to save at a young age, the amount you will accumulate can be a big addition for the down payment you will give for the house. This will allow you to pay lesser monthly fees for the mortgage.

Keep a good credit history It will be easy for banks and lending companies to grant your home loan approval if you have a good record on your credit accounts. Paying your bills on time and every due date are some ways to maintain a positive track for your credits.

Define your budget Calculate all the money you have including your savings and estimate how much of it you want to allocate for the house. One major payment you have to consider is the down payment. Furthermore, you should also allocate some funds for the renovations, repairs, maintenance and mortgage fees you have to pay.

Research You have to learn the basics of real estate industry before you get into it. There are several helpful resources from the internet you can read that contain useful and basic information about investment and real estate. Being equipped with the basic knowledge will make it easier for you to talk with real estate agents and professional. It will help you avoid getting into a bad real estate investment.

List your conditions Create a detailed list of the qualities you are looking for in a house. Also include in that list the needs and wants you have for your house. This will make it easier for you to locate the house that best satisfies all those written in the list. You should also create a list of your reasons why you want to invest in a real estate property to give you focus and motivation to pursue this endeavor.

Look for a good realtor A realtor can be very helpful for you to get the best deal so try to hire one that is dependable, trustworthy, and unselfish and will loyally work exclusively for your own interests and advantages.

Be open-minded Ask opinions from other people that matter to you and have an open mind in all the insights and comments they will give you about the property. Opinions of your friends and family who have bought a house already can be helpful to you when making your own decision.

How To Make Real Estate Decisions That Work

You can make a lot of money through commercial real estate investments. However, you have to be patient. Take the time to research each property you’re considering as well as studying general commercial real estate principles. A lot of people just like yourself become successful at real estate investing by keeping informed and applying the tips in the following article. Stick to the advice presented below to help you succeed in the world of commercial real estate.

Make sure you have enough cash flow available for you from family, friends and any professional lenders accessible to you. Contracts should be devised that either provide you with a fixed rate of interest on the loan repayment, or provide them with a percentage of what you make from the property.ty.

Once you have signed a new lease for a property, your next priority should be your rent strategy. The effectiveness of your strategy will have a significant impact on the success of your new investment. Know how to plan for the rent you wish to charge before talking to a prospective tenant. This can help you keep targets and set a benchmark for your investment.

You need to do this so that all terms match the pro forma, and also the rent roll. If you do not look over these key terms, you could find a term that was not considered in the rent roll, which could cause a change in the pro forma.

Keep your commercial property occupied to pay the bills between tenants. Remember that if you have empty units, you have to take care of them. Maintenance costs on empty units can add up. If you have several properties open, you should ask yourself why, and attempt to correct the issues that may be driving out your tenants.

In order to learn more about the commercial real estate market, find a website that caters to investors of different skill levels. Having a great base of knowledge will give you the tools to complete every part of the buying process with confidence, leading to solid decision making.

It is critical when you are in the market for real estate that you know how to discern between a good deal and a not-so-good deal. People who deal in real estate on a professional level can spot a great deal immediately. They have their exit strategy already planned out, and therefore, they know when to quit a deal and when to stick it out. They have the experience to show them when repairs are necessary, how to correctly calculate their risk and which types of properties will help them to meet their financial goals.

When you are buying or selling commercial real estate, always negotiate. Let people know what you want and make sure you are asking for a realistic price.

If you follow the advice you have learned in this article, you will be well on your way to a great start. If you use the tips provided in this article, you will see why so many people are successful at commercial real estate, and you can start to reap the rewards.

Month Property Options Coaching Program Real Estate University

What is Property Options?
An Option is a legal instrument by which a choice is granted to acquire a given property.
Simply meaning, an Option is a document that gives me the choice to buy, on my conditions, or not to buy at all. If I choose to purchase, the Seller is absolutely committed at the original strike price.

Short Options
The greatest advantage you have with Short Options is the ability to create cash in a very Short window of time. Short Options are typically somewhere between the day of signing, through to 6 months. The remarkable thing about doing a Short Option is the fact that it no longer requires the process of doing a full Development Approval. It involves locating sites with development potential and on selling them to a developer.

The success of short options lies in identifying potential, but you will need to be very specific with information, research, comparables, building costs and all the other intricate parts of assembling deals. In fact, if you are able to identify intrinsic value, it allows you to be able to assemble a Short Option.

They are a lucrative part of Options and offer the kind of cash flow that most people seek in the shortest possible timeframe.

Long Options
As the name states, Long Options work on a longer time frame. They necessitate us engaging consultants and seeing the Developmental Approval process through to completion. We then on sell our Option to a developer or builder; we are giving them a turn-key solution very attractive. Of course our greater effort is rewarded with greater profit. There lies the advantage of the Long Option.

Mark Rolton Australia’s Number 1 expert has made millions of dollars using Property Options. To get the best real estate buying advice and to find out more about and how to make massive profits from Long and Short Options, join Mark in his 12-Month Property Options Coaching Program.

12-Month Property Options Coaching Program.

The Complete Property Options A-Z System.
You get Mark’s complete system in home-study format so you can start immediately implementing all the property option strategies that will accelerate and fast-track you to financial freedom fast.

The Critical Legally Binding Option Documentation.
Normally you would have to spend thousands of dollars to get this options contract; however as part of my course, I will give you the exact document I use to secure multi-million dollar deals.

The Paint-By-Numbers Options Feasibility Software.
Figuring out if a deal is red-hot or not, you’ll get the exact software I use that tells me instantly how much I stand to make from the property I’m currently researching.

3-Day LIVE Advanced Property Options Bootcamp (This is 3 seminars in 1)
Ill take you to the next level and show you all of the creative ways you can use options to either make a quick $100,000 or a multi-million dollar deal. This advanced bootcamp is broken up into 3 sections; Money Maker, Portfolio Builder and Property Options Peak-Performer.

2-Months Support and Coaching.
My hand-picked team will help you and guide you through your early steps of investing using my system. They will be available to you via phone and email.

Special Bonus: Let me be your Joint-Venture partner.
If the deal is too big for you to fund, and youve followed my system then I’m more than happy to put up 100% of the money that you require to get the deal over the line. You can literally make hundreds of thousands without outlaying much cash, using me as your joint-venture partner.

EXTRA Special Bonus.
Pay in full today, and you can bring your spouse or partner to the 3-Day Advanced Property Options Bootcamp for free.

Mark Rolton is a brilliant real estate mind and visionary in the property industry. Mark has used his skills to make millions of dollars in real estate and would love to teach you these lucrative strategies at his Real Estate University 3 Day Live Events, in the hope that you will do the same. Join other passionate property investors in an atmosphere of fun and cutting edge learning that will blow your mind. No one else in Australia knows as much as Mark about creating cash flow using Real Estate.

Creating innovative solutions within your property development portfolio will reap profitable rewards securing your financial future within an achievable time frame.

Investment Diversification with Real Estate

This year, investment in the stock market is making many downright jittery. Though overall the stock market does seem to be hovering around the 10,000 mark, many investors are plagued with uncertainty about short and long term investments in the stock market. Will stocks go up or down this week? Is now to time to keep money in the market? Or take money out of the stock market?

As a real estate professional, I always advise people to continue to invest in property. With so many bank owned properties flooding many different markets, real estate investors are actively purchasing homes and investment properties and obtaining some great deals right now.

John Starke, an Investment Advisor and Financial Principle with American Beacon Partners, says that many investors have grown tired of the risk involved in purchasing equities, mutual funds, and other types of investments. Prior to the sharp downturn in the market in 2008, investors goals were to accrue money through appreciation. “Rather than nervously watch their portfolios go up and down, investors want a more stable income,” noted Starke. He sees a rise in interest in Real Estate Investment Trusts (REITs), Tax Free and Corporate Bonds, and even some Corporate CDs. “Many investors are pulling their money from equities and mutual funds and opting for investments that pay a decent, regular return on their money,” said Starke.

In my everyday real estate transactions, I see investors pulling large sums of money from the stock market and putting it into the purchase of homes and properties in Virginia. I have taken the time to ask real estate investors their opinion about stock market investments. Many have decided that the stock market is not for them right now. One investor, J. D., purchased a property in King William County, Virginia that was in foreclosure for $90,000. She will spend approximately $4,000 to prepare the property for the rental market and be able to collect a monthly income of $1,000 from her investment. J.D. told me “I feel the time is right to start investing in real estate again. I stopped four years ago when property prices got out of hand. I intend to do even more real estate investment now.”

Another client, who plans to retire in a few years, is selling one commercial property investment in order to purchase a strip mall in the Western Virginia town where he plans to retire. He will pay the purchase price and invest approximately $40,000 into the strip mall to prepare it for the commercial rental market. He told me, “I am tired of having a business that I have to work at everyday. I want to have an investment that will work for me as I am planning to retire in about two years.” His upcoming shift in lifestyle is motivation for his new commercial property investment. Note that hes not selling one business and putting the money into the market. This may have been the trend for a retiree five years ago but not in the new economy.

Finally, H.G. in Hampton, Virginia made a wise move with money he once had in the stock market. He purchased a condominium for $50,000, invested $2,500 in the property renovations, and is now receiving $850 per month in rental income for the unit. HG said, “I am making more of a return from my property investment than I would in the stock market, and I also receive a tax deduction to boot.”

There are of course risks in real estate investments. A tenant could default on the rental agreement, or a property could remain vacant for months on end. That is why it is imperative that real estate investors hire experienced and knowledgeable property managers to maximize their investment. All of the property investors mentioned in this article are using my property management services for their real estate investments. Other risks include unforeseen maintenance and repair issues. This is why it is important for property investors to put a portion of their profits aside to reinvest in the home, condominium or townhouse they purchase.

Where property investment is concerned, even these risks, when anticipated and well-planned for, are small compared to the uncertainty of stock investments.

Shawn Tully, Senior Editor at Large for Fortune magazine, published “2010’s Coming Stock Market Crash: 1987 all Over Again” in May 2010. He states that stocks are still overpriced. He predicts a low return on investment (or a loss) as an inevitable outcome of this scenario. Tully bolsters his opinion with these astute observations: “Here’s how I see the odds. The chances are about one in three that we suffer a huge, wrenching correction in the next year or two similar to the one in 1987. That possibility is so high because stocks are so startlingly expensive. Another high probability event is that markets go on a long sideways grind, with smaller drops along the way. What’s extremely unlikely is that the market rises substantially from current levels and stays there for any extended period.”

Experts within the financial industry may be reluctant to put forth the strong opinion that Tully articulates. Still, there is no denying that investors have undergone a major shift in perspective since the financial crisis of late 2008 culminated in a recession, took hold of the United States and spread to other countries.

People will always need a place to live. With more and more families sadly experiencing foreclosure and dislocation, renting will be their most likely option. More rental properties will be necessary to fulfill housing demands. Investors need to take a serious look at property investment in their areas, and take steps to purchase viable homes even if they are in need of some repair or upgrades.

Visit http://VonCannonRealEstate.com to view potential investment property listings in Virginia in Williamsburg, Hampton, Newport News, Yorktown, Richmond and Northern Neck areas such as Matthews, Northumberland and King and Queen Counties.

The Benefits of Hiring a Real Estate Lawyer for Your Home Purchase

If you are purchasing a new home, there are often mountains of paperwork that needs to be sorted through. These include all the legal papers, titles, and all of the required state and city disclosures. Sometimes, it helps to hire a real estate lawyer so that you can understand them and not just muddle through.

One thing that a real estate lawyer may help with are contracts for property closings. Most home buyers are not aware that an offer can be made based on the approval from an attorney, allowing any necessary papers to be perused by the sellers. His responsibilities are to make sure that the titles are correct, get all the proper documents registered, and make sure that all the owner’s paperwork is legal. He will also work with the financial institution so that your home buying experience can be less stressful.

A real estate lawyer can also run a history report on the property for you so that you can make sure that there are not any long term, short term, or tax liens on it. This could happen more often if you are buying an older home that has had several owners. You can also find out if there are any easements or restrictions on the use of the property that need to be explained to the new owners before any paperwork is signed.

Make sure that you consider only a licensed and experienced real estate lawyer, as there are some those who are not attorneys who claim to do the same work for you for less money. This is possible, and they will likely do a good job, but, only those trained in law can work with the courts for you, and will only operate with the highest level of ethics. They must carry insurance that covers any errors or omissions, just in case damages are discovered later, because those can happen on occasion.

The lawyer that you hire will work with your financial institution to review all the paperwork and adjust the terms if necessary, all for your benefit. This includes taxes and insurance, and making sure the buyer is protected in case problems are found after the bank has transferred the title.

Finally, real estate attorneys have certain duties that make them worth the fees they charge. These include helping with negotiations with the sellers, reviewing the agreements for the purchase, be with you during closing to make sure that it goes smoothly, and making sure that the deed is worded correctly and nothing is omitted. He can also make sure that all the checks and pre-purchase insurance payments are taken care of before the buyer signs the contract.

If you do your homework and find the right real estate attorneys, your home buying experience can run smoothly. This will leave you with the peace of mind that you can enjoy your home for many years to come.

What Are The Most Useful Real Estate Investment Guidelines

Investment real estate is one of the most favourable opportunities of making huge profits. The number of investment opportunities in real estate never slips down and you can always consider it as the best way to invest your hard earned money. However, you should be familiar with real estate investment guidelines to ensure that you are investing at right place, with right people and at right time. These guidelines are of great importance if you are a novice investor in this field. So, here are few guidelines in this direction to make your start.

Proper Research of Real Estate Property

Real Estate Investment Property should be your major concern while understanding the real estate investment guidelines. You should have the flair to evaluate the property on the basis of its market value as well as its future prospects. It doesnt matter whether you choose commercial or Residential Investment Real Estate. What matters the most is the assessment of future benefits of the property. For this, you must also take into account the location of the property and surrounding facilities like schools, hospitals, shopping areas and others.

How Will You Use the Property?

You must also have the capability to decide what use the property will be put in by you to earn maximum advantages. You can use real estate investment guidelines to decide, whether you will keep the property for your future settlement, or you want to sell it when the prices rise in the future. Also, you can give the property on lease for some duration and earn continuous flow of income.

Investing at Right Time

You must learn Real Estate Investment Guidelines to decide what is the right time for investing money in the real estate? The real estate investment market is prone to fluctuations and thus, you should not end up buying a property at a price higher than its expected market price.

Hiring Best Investment Broker

It is required to hire the services of a good real estate investment broker to make successful investments. You can take into account the past performances of the broker and also his reputation in the market. You can evaluate the proficiency of a real estate broker by asking your questions and measuring his knowledge in the field.

All these real estate investment guidelines can help you in the long run to make considerable profits. You can learn and utilize these guidelines to become an expert investor and add value to your bank balance. A visit to websites such as callowayinvestments.com will further educate you on the subject.