Posts tagged ‘Real Estate Property’

A real estate property is anybody’s trophy. Be it a piece of land just some square foot wide or a hectare, as long as it is yours, you can say that you have made an achievement of a lifetime. For most of the working sector, this is their ultimate goal, to acquire a real estate property.

But how do we acquire a property? Are there any guidelines to follow in acquiring a real estate? Most of the times, we can just ask from our own real estate advisors, or real estate brokers. However, we can not always follow or believe every word that real estate brokers will tell us. Since their very purpose is to sell you a property, they will only tell you the good things of the real estate that they are selling. So, it is up to you to choose the property that you want.

Continue reading ‘Factors Influencing Your Decision to Acquire a Property’ »

“Which is More Important?” What do you think? Well, of course my blanket answer is that, it depends, however – I won’t leave you hanging, I will tell you what I mean. The first question you need to ask is which has the most profitable payoff? If I raise my rents on my 100 unit property $25.00 per month that is an extra $2500 per month income OR $30,000 per year. This could have the potential of increasing the property value about $300,000. Just with the $25 increase.

Or, what if your insurance was $33,000 per year. You found a better carrier that can reduce it to $25,000 per year, saving you $7,000. You not only made a nice impact on your cash flow but your property value is now $75,000 more. Now, here is the nice thing. What if you did both of these at the same time? Wow! Continue reading ‘Reducing Expenses Or Increasing Income on an Apartment Or Commercial Real Estate Property?’ »

“Which is More Important?” What do you think? Well, of course my blanket answer is that, it depends, however – I won’t leave you hanging, I will tell you what I mean. The first question you need to ask is which has the most profitable payoff? If I raise my rents on my 100 unit property $25.00 per month that is an extra $2500 per month income OR $30,000 per year. This could have the potential of increasing the property value about $300,000. Just with the $25 increase.

Or, what if your insurance was $33,000 per year. You found a better carrier that can reduce it to $25,000 per year, saving you $7,000. You not only made a nice impact on your cash flow but your property value is now $75,000 more. Now, here is the nice thing. What if you did both of these at the same time? Wow! Continue reading ‘Reducing Expenses Or Increasing Income on an Apartment Or Commercial Real Estate Property?’ »