A great property management company should make renting, owning, and investing in a property a hassle-free experience. They can add significant value to your investment property. This is why we crafted an infograph, so landlords can visually see the benefits of hiring a property management company!
Las Vegas is without doubt one of the most popular US tourist destinations in the world. Do you plan to visit the city as a tourist or invest your life savings in real estate? Explore this Las Vegas 2017 Real Estate Market Update Infograph to include housing, tourism and development information with recent info on 2020 completion projects.
‘Flipping houses’ is actually a very misunderstood and often confusing term which is commonly generically applied to more than one method of buying and selling real estate. So how does House Flipping really work?
Fix & Flip
The house flipping that we see on television typically shows the buy, fix, and flip strategy of investing in residential houses. In this scenario real estate investors are picking up distressed properties at prices they believe are discounted. Then they dig in to repairing them, improving them, and sometimes even replacing them. Once they have a finished and polished product the home is unveiled to the public via an open house with the hopes of achieving a high purchase offer right away. This can be a great strategy for profiting from real estate, and can offer a valuable service to sellers, the economy, local neighborhoods, workers, and buyers.
However, this isn’t the only way to ‘flip houses’.
Fix and flip investors can vary widely on how much fixing up they do. Some prefer sticking to basic cosmetic improvements. That means looks. Great value and profits can be found simply by improving the appeal of a home. We’ve all heard about ‘curb appeal’. This might include giving the landscaping a makeover. Some will stick to basic interior and exterior painting, putting in new flooring, and changing a few fixtures.
Other investors love going all in with more serious rehabbing and renovations. They may change and modify floor plans, replace windows, tear out and make over kitchens and bathrooms. They could put in swimming pools, convert rooms, and more. This may take more money, time, and expertise, but it can be exciting.
A few investors are brave enough to take on the most daring property challenges – those with structural issues. This includes items like roofs, foundations, plumbing, electrical, and hazards such as termite infestations and mold. Properties with these problems are often discounted to account for these additional costs and risks. With less competition some investors find this a great niche. Others steer clear of the extra liability, capital requirements, and liability.
The president of Florida based Keyes Company Realtors has said there will always be an opportunity to reposition properties. Repositioning is a broad term, includes many ways for investors to increasing the appeal and value of a property for resale. This may incorporate some of the above methods, as well as enhancing the profitability of a property, its usage, and financial performance. It could mean a basic cosmetic makeover and then remarketing to a different buyer group. For instance; adding modern design elements, putting in high speed internet and promoting the property as a great choice for tech workers. It could also mean adding value by leasing more units, or replacing tenants with higher paying ones, or different types of tenants.
In 2017 the US office market is expected to benefit from the higher consumer confidence and stronger dollar as well as the 110m sq ft of space that is to be released during the year. The new tech sector is expected to drive demand for larger properties and possibly overtake the financial and legal sectors.
If you ask your known person who have a good experience with tax lien certificate auctions, then that person will tell you that lien taxes can be highly profitable to you. When you’re going to purchase a tax lien certificate, there are so many ways to increase profits on your investment. However, newcomers always have one question, Do I investing in tax lien certificate is safe? For those people, this article will clarify all questions related to investing in the tax lien certificates.
Source: Government Tax Lien
Hiring an experienced buyer’s broker in NYC who offers a discreet buyer agent commission rebate is the most important first step when buying a property in New York City. By hiring a seasoned buyer’s agent who offers a discrete buyer broker commission rebate, you will automatically save money on your deal and benefit from having an experienced negotiator and market expert on your side to navigate through the complexities of your NYC real estate deal.
Here Are 6 Reasons To Hire a Buyer’s Broker in NYC:
Reason #1: You will automatically save money by requesting a buyer’s broker commission rebate
An NYC buyer agent commission rebate is a discreet and automatic way to lock in savings on your purchase. A buyer’s broker can offer a commission rebate by legally sharing with you a portion of the commission the seller has already agreed to pay at closing. NYC broker commission rebates are completely legal and generally considered to be non-taxable income.
Reason #2: You will avoid a risky dual agency arrangement
Dual agency itself occurs when the same real estate salesperson or broker simultaneously represents both the buyer and seller in a transaction. Because the broker cannot provide undivided loyalty to either party, this arrangement increases your risk.
Reason #3: The services of a buyer’s broker in New York City are free
Sellers in NYC typically agree to pay the same total commission regardless of whether a buyer’s broker is involved in a deal. This means that the services of a buyer’s broker are already built into your purchase price.
Reason #4: You will negotiate more effectively and reduce risk
When you consider both the experience and knowledge advantages that a listing agent has over you, it’s not hard to see why an unrepresented buyer is usually unable to negotiate as effectively as a seasoned buyer’s agent. In addition, a NYC buyer’s broker with previous deal experience will more easily be able to identify and correct issues before they put your deal at risk.
Reason #5: Professional advice can increase your chances of a successful outcome
A seasoned buyer’s broker will have done a number of previous deals which are similar to yours. He or she will therefore be able to identify and resolve issues before they put your deal at risk.
Reason #6: New York City’s real estate market is complex
Buying and selling in NYC is much more difficult than in the rest of the country. If you are busy, a first time buyer, a foreign investor or buying a co-op, we suggest that you request a discreet commission rebate and work with a seasoned buyer’s agent.
DwarkaApartment.com – a leading Dwarka real estate website, helps connecting buyers and sellers, and assists them perform property transactions seamlessly. Managed by South West Real Estate, DwarkaApartment.com has thousands of properties, both residential and commercial, registered with it. Its advanced searching feature helps the users search for 2, 3, 4, 5, BHK apartments, penthouse, plots and floors in Dwarka Delhi. The end-users can buy-sell and rent properties across different price brackets.
Real estate investment often implies investing in fixed assets such as buildings, land etc. It is a kind of profit making business having a high chance for making good money. But investment must be undertaken only when you have thorough knowledge of that particular business and mastering the tricks of the trade. You need to consider three factors to determine you are eligible to secure real estate financing such as credit worthiness, property location and risk factor. For more information, visit http://advancedfundingnetwork.com/
Australian real estate has seen some major changes happen in the market in the last few years. Mint Equity’s infographic serves as a guide for property investors, comparing prices and suburb statistics amongst three major cities in Australia (Sydney, Melbourne and Brisbane). Looking at different areas gives an indication of the overall market condition, and with the right research and knowledge, investment properties outside your local territory may yield better return on your investment.
Let’s face it, over 98% of today’s NYC home buyers start their search online. So why use a buyer’s agent when searching for a property in NYC? The single most compelling reason for using a buyer’s agent to represent you on your NYC home purchase is to secure a buyer commission rebate so you can receive a cash rebate at closing. The typical rebate of 1% off your home purchase equals $20,000 for the average NYC home!
What’s the typical rebate you ask? You can usually expect 33% of the commission earned by the buyers’ agent from the listing agent payable to you at closing. In your typical real estate transaction, the seller will pay 6% regardless of whether there is a buyers’ agent involved or not. If the buyer is unrepresented, the listing agent gets to keep all 6%. If there is a buyer agent involved, NYC agents are contractually required by REBNY to “co-broke,” or share 50% of the commission with the buyer’s agent. Keep in mind that the specific rebate amount is subject to the agreement you make between yourself and your buyer’s agent.
In addition to offering you a buyer commission rebate, a quality NYC buyer’s agent also provides you with critical representation during the property search, offer submission, negotiation and closing process.
Visit http://www.hauseit.com/home-buyer-cash-back/ to learn more.