One of the most popular ways of making money in the past few decades has been the boom in buying houses in order to then let them to tenants. Some investors do this by purchasing a house and then redeveloping it into apartments. Others simply buy the house and then let it exactly as it …
It is important when renovating a house to bear in mind that there is a big difference between a loose plan and a final certainty. You may have ideas about what the house is going to look like and how much money it is going to make you, but those ideas can only become reality …
When you buy a house for the purposes of renovating it, there may well be a simple equation in your head. Money spent on buying house + money spent renovating = total spend. Resale price – total spend = profit. Simple! Isn’t it? Well, maybe not. You see, on top of this you do need …
The “fixer-upper” is a grand tradition of real estate. Many houses go on the market needing some work before they are truly habitable. Whether your intention is to live in the house or to fix it up and sell it on for a profit, you will need to do some work one way or the …
If you were offered a deal that sounded as though it was unbeatable, and it turned out that there was no risk involved for you, you’d surely take it, wouldn’t you? Most of us, if not all, would. But then throw this variable into the equation: You can only have this deal by taking advantage …
One Man’s Misfortune Is Another Man’s Opportunity Read More »
There is a common mantra among real estate professionals and investors which is simply the word “location” repeated three times. The thinking behind this is that, when it comes to making money in the world of real estate, the most important thing is where the property is located. The second most important thing is, also, …
The importance of turning a maximum profit in a minimum time frame is as important in real estate as it is in just about any other sector of the business world. And of course, when you create a profit margin this makes for three immediate variables. ow quickly can you do something, how much must …
For the ambitious real estate investor, one of the most interesting ventures can be the purchase of an overseas property. There are many of us who would like to one day retire overseas, and even quite a few of us who would like to move abroad while we are still some way away from retiring. …
Spreading Your Wings – Buying Real Estate Overseas Read More »
Buying and selling real estate is one way to guarantee an interesting business career – but it is not without its drawbacks. One of those drawbacks, the significant risk factor, is part of what makes it interesting. But if you can play the game well, you need never become one of the many people who …
Buying real estate is always loaded with questions and variables, and it takes a confident and decisive individual to get it right and make a profit. It can be an even more vexed question for those who are looking to buy commercial real estate. When you are buying and selling a house, the important issue …