Most people choose to invest in real estate because it has the potential to be extremely profitable. However, due to the real estate industry's competitive nature, it can often be difficult to choose the right type of home loans and mortgage lenders for your financing needs when you're in the market for a mortgage refinance, a new house purchase…[Read more]
I am seeing a crazy themed hotel. The possibilities are very endless. You could also do something with a mobitel. That is a mobile hotel. You could move all across the country to open lots with your themed containers. I am pretty sure there would have to be another way out of the container, though. That is a million dollar idea.
New home buyers do not want a used house when only new will do. They do not want to inherit somebody else's worn carpeting, personal taste in kitchen appliances or look at some kid's initials scrawled into once-wet cement that they did not put there. The home must be brand spankin new, fresh and clean without so much as a finger print on the…
A capital gains tax (CGT) is a tax charged on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property. Not all countries implement a capital gains tax and most have different rates of taxation…[Read more]
WealthScore is easy to complete. It should take you about five minutes to work through. Of course, the quality of the information you input will determine the usefulness of your WealthScore.
Australian Property Directions Survey by the Australian Property Institute summarized the views of a range of property investment experts on the position of the Sydney property market in the property cycle. Residential property is seen as being at the bottom of the cycle in 2009. In 2010, residential property in Sydney is viewed as commencing the…[Read more]
Title insurance is always a good idea. Before a Title Insurance Company will issue a policy, it will research the property to make sure there are no outstanding claims against it (tax liens, previous owners claims, trusts). Without this, you take a chance of someone making an expensive claim and then you would have to pay them off.
The equity is your interest in the property, as opposed to the bank's ownership. You build equity by making your payments. However, the bulk of your payments go for interest, interest, and taxes, and then principal. If the real estate market bottoms out and then rises, you can gain equity by merely holding property. However the gain in equity is…[Read more]
To achieve good return on property investment, one should be a risk taker and take positions that go against the general market sentiment. Be a contrarians by buying property during any economic crisis and selling during the boom time.