Blog - Real Estate Part

Jun62021 by Rex A. SabolNo Comments

Common Mistakes For Renting And Tenant Buyers

Investing

Not Waiting for Payments to Clear - Never give your tenant buyers the keys before their deposit upfront payment, first month's rent, and security deposit clears the bank. Either have them bring it to you in cash or a bank draft, rather than a cheque.Renting to Friends & Family - Sometimes this can be fantastic, but, in most cases, it's not!Not Training Your Tenants - Set the tone right from the very beginning, and train your tenants about the rules of the game. They must always pay on time. Have a booklet prepared for them, if necessary.Failing to Verify Details - Monitor the details of all transactions or have your team ensure all the details are looked after. This includes credit checks, the way the leases are signed and making sure the property manager is looking after everything.Being ...

Jun52021 by Rex A. SabolNo Comments

Playa Del Carmen Land Investment – Benefits of Growing Tourism

Land

Buyers considering investing in Playa del Carmen land will be interested to know that world tourism is on the rise; because Playa del Carmen's growth is directly related to the area's strong tourism industry, this fact is a good sign for investment.According to a report from the UN's World Tourism Organization, between January and August 2010 tourist arrival worldwide reached 642 million, about 40 million more than in the same months in 2009, or an increase of 7%, and even 1 million more than the same period 2008, the record year previous to the recession.Based on current trends, it is expected that international tourist arrivals will increase about 5% to 6% during the whole year. In 2011, growth is expected to continue at a slower pace, at about an average of 4%.Mexico fell into the North...

Jun52021 by Rex A. SabolNo Comments

Moving to Croydon

Moving Relocating

Croydon has a long and diverse history stretching back to the Bronze Age. Modern day Croydon has a bustling centre with excellent facilities and a prosperous business community - it is home to over 20 'blue chip' companies - has good links to central London, whilst also providing an easy escape to the country.With a range of property on offer to buy or rent, it attracts diverse residents. The area has a variety of flats, including classic Victorian and Edwardian conversions and modern apartments and flats in purpose built blocks. Two bedroom flats to rent in Croydon will cost on average around £900 per month, depending on the location and the property itself. If you're looking to buy a two bedroom flat, expect to pay around £160,000. Houses in the area are also varied, with a good range of...

Jun52021 by Rex A. SabolNo Comments

Moving to Manukau

Moving Relocating

If you are considering a move to the Manukau area of Auckland City, you will find plenty of suburbs to choose from, including Papatoetoe, Manurewa, Pakuranga, Mangere and Howick. Whether you are looking to buy or rent, there are lots of options to choose from and you can even make use of great self storage units in Manukau if you find yourself "between houses".The Manukau area covers a large sprawling urban area close to the Auckland International Airport, and Rainbow's End theme park. Many parts of Manukau are also not far from rural areas and beaches. The Manukau City Centre is a huge retail and service centre with an incredible range of shops as well as movie theatres and eateries. The area is close to the rest of Auckland, and during off peak times it will only take you about 20 minute...

Jun42021 by Rex A. SabolNo Comments

Reverse Mortgage – A Boon For Senior Citizens

Mortgage Refinance

A reverse mortgage, in reality, is a loan that is available to the senior citizens which is generally used to release the equity of the property into multiple payment options. These kinds of mortgages have become very popular with senior citizens as they give freedom to the landlords to use the loan amount for any purpose they wish. However, it is important to understand the ramifications and the alternatives available when you choose this loan.Reverse mortgage options in Miami provide senior citizens an option to live a financially secure life and be monetarily independent after retirement. It helps them to turn their equity into cash. The mode of payment is done in a number of ways from regular monthly installments to one-time payment. Senior citizens can use these funds in a variety of ...

Jun42021 by Rex A. SabolNo Comments

Advantages and Disadvantages of Buying a House As a Property Investment, Over a Unit

Buying and Selling

Advantages and Disadvantages of buying a house as a property investment, over a unit.As a qualified real estate agent, buyer's agent, real estate valuer, and experienced property investment advisor I have valued, bought, developed and property managed many homes and units for property investors all around Australia.Below I have outlined the advantages and disadvantages of purchasing a home as a real estate investment as opposed to a unit, villas, apartment, townhouse or condo.Buying houses/homes as a real estate investmentDisadvantages More upkeep is vital to support the asset (which equates to higher continuing costs and therefore fewer cash flow is experienced from that particular property investment) Conventionally lower rental returns due to larger land factor Easier to over capitalise...

Jun32021 by Rex A. SabolNo Comments

Marketing Money: How Much Do I Need?

Marketing

One of the most frequent questions new investors ask is, "How much do I need to start"? Well, to answer that question it all depends on what your trying to achieve. In the beginning you want to start off by marketing and using the most inexpensive ways to market for sellers. You can easily do this by marketing on the internet. Such as Craigslist, Backpage and other real estate classified ads. They won't give you the best results, but in some cities they work better than others.You do need to plan out a budget for your marketing however to achieve success quicker than later. Budget doesn't have to be huge. I personally work on a small budget. You can have ad printed out in the newspaper for fairly cheap. Get flyers made to post up around the city. Another way is to do direct mail such as le...

Jun32021 by Rex A. SabolNo Comments

How Can A Buyers Agent Be Helpful?

Property Management

Lots of individuals may have heard the term buyer's agent, but they may not know what one is or how they can help you. In reality, there are 3 main advantages. Firstly, it enables for promotion. Secondly, it permits to get free information on homes and enables them to understand the several factors when purchasing a home successful!Finally, it allows the assistance of people who want to purchase properties in the US. The overall objective for a buyer and the services that they are offering would allow a buyer and the procedure of purchasing a home a simpler one. It does not matter if you're buying your first home or you're interested in adding real estate to your portfolio, a buyer's agent is the perfect individual to assist you accomplish all your goals.The National Buyers Agent Associati...

Jun22021 by Rex A. SabolNo Comments

Office Leasing: The Smart Tenant’s Tip Sheet

Commercial Property

Gaining competence in lease negotiations is something very few business executives will ever achieve, since they will probably never negotiate more than a small number leases throughout their business career. Choosing to negotiate alone is risky, given that an uninformed decision has the potential to be extremely costly. This is why executives often choose to hire advisors such as real estate attorneys and brokers, to aid them in the decision-making process when it's time to lease an office.Seeking out the advice of a professional is invaluable. However, as a tenant, you should also gain a solid understanding of the process so that you can be an active participant in the negotiating process. After all, not all attorneys are created equal and the last thing you want is to be at the merc...