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How to Calculate Rental Returns

Purchasing Costs

  • Purchase price – the agreed price for which the property will exchange hands.
  • Renovation Costs – money budgeted for renovations prior to the property been made available for rental.
  • Agents Fees – in some countries it is common practice for the buyer to pay some or all of the real estate agent’s selling fees/commission. However, in most cases these fees are paid by the vendor.
  • Stamp duty – a duty placed on the purchase of a property charged by the local government for the registration of the property into the new owner’s name.
  • Mortgage Application Fees – charged by lenders upon application to secure a loan to buy the property.
  • Travel Expenses – flights, car hire, and hotel costs incurred when travelling to personally inspect a property.
  • Solicitors Fees – payable to the solicitor for all of the relevant legal work for the transfer of the property.
  • Research – books, local suburban reports purchased to research a suburb.
  • Accountants Fees – the property may be purchased in the name of a Trust or Company. There may also be a crossover here with the solicitor’s fees.
  • Council
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Choosing a Commercial Property

When you are investing for the purposes of capital growth, there are certain kinds of retail, commercial or industrial properties that can be a very superior option. It is important to know that not all kinds of properties will perform the same. There will always be differences.

When you start to analyze the great potential of a physical property, location and position need to be considered and should actually be the key elements in the process of making a decision. In property, the capital growth of an asset comes from the increase of the land value and the location influences the demand and supply for the land and this then determines the value. A good example is a central business district where the value of land is very high and this actually drives the capital growth.

When the land value goes up, then the value of all the improvements or even the building itself will depreciate with time. This means that the land appreciation should be sufficient enough to counter the building depreciation and also to grow the asset value with time.

Position means how easy it is to access the property. You should ensure

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Transform a House Into an Eco Friendly Home

Your first step should be to convert the natural solar power into energy that we need for heating and cooling our homes. This can be done by installing solar panels. The money that goes into this act depends on the total area that you want to heat using these panels. For instance, if you want to heat your three story house entirely, then this would certainly be a huge investment. On the contrary, if you wish to use the solar power on a small scale, for example only on the pool shed or on your garage’s roof, then it would be quite affordable.

Properly insulating the attic of your house can also help you make your house green. Proper insulation would make your house stay cooler in the summers and retain heat during winters. There are lots of insulation options that can be considered, depending on where they would be used. Some of these options include spray foam, fiberglass, cellulose, soy beans, old denims, old newspapers etc.

Even, by simply replacing the old traditional bulbs with CFL bulbs, the monthly lighting costs can be significantly reduced. You can even consider hiring an experienced contractor to get

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Listing House With a Local Realtor

A realtor takes, “I’m going to sell my house” into “I’m selling my house.” And they save you stress while they do. Otherwise, you can spend weeks just finding the right platform to sell your house on. Not to mention you have to filter all the potential buyers yourself. This is incredibly time consuming and comes with a ton of drawbacks. Only one of which is hearing every reason you should either give your home away or do owner financing. You can even end up potentially putting yourself in danger.

When you work with a realtor, you work with bigger numbers. Your agent can set you up with more verified, serious buyers than you can find yourself. They also have access to bigger advertising funds and more resources for home listings. All of this leads to a much better, happier sell.

Have you ever wondered why some homes have handwritten signs on a post while others have full-color gloss sheets? The answer is usually one has a realtor involved. Realtors know exactly what potential buyers want to see and know. They have the funds to create professional, appealing advertisements for your home. You aren’t left waiting

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Profit Using Homes for Sale

Realistically, success in flipping real estate depends on your ability to buy a less-than-perfect property at an exceptional bargain price, and then invest in repairs, staging, and advertising to make the house capable of drawing a profit with appealing buyers. If you have the means to invest in properties, and you’re good at selling your product, then there is no reason why you can’t generate a substantial income by flipping homes for sale.

Before flipping a property, do your math homework. You need to know exactly how much money you can invest, because your flipping experience depends on that investment. Figure out how much you can spend on your first buy, as well as how much you are willing to spend to fix up the property.

If you want to get an optimal profit while still pricing competitively, then you will need to know your market. Research the types of homes for sale that are moving off the market at the most rapid pace. If you want to continue flipping, your priority should be to move your first buy quickly and at a profit. Start by monitoring the market. In order to make the right renovations

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No Realtor, No Problem

List with an Agent

Selling the home with an agent offers many benefits for the homeowner as well as inconvenience. There’s a reason these professionals charge so much for each home sale, but that high price tag, as much as 6% of the purchase price, may be more than you are willing to part with on a sale. A $300,000 house could cost the homeowner $18,000 in commissions, reducing the proceeds for the homeowner. When repairs, clean-up,improvements, open houses and other showings are factored into the process, plus the extended time it takes, only the Owner can determine if this approach is right for them.

For Sale By Owner

Selling your home on your own is one way to cut back on fees. It also provides the homeowner with lots of freedom to do things their way. On the downside, going the “For Sale By Owner” route can mean a lot of work and extra time. The homeowner is responsible for prepping their home, performing due diligence, marketing the property, listing it on the MLS, dealing with homebuyers and closing escrow. The homeowner is responsible for a lot of things in their home sale when

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Faults in Breeam Evidence

  • Gaps in the evidence base
    This is the number one fault in the evidence provided to Breeam assessors. It often comes down to the team member not checking the detail of the requirement. It is easy to remedy: each of the team members need to carefully read the requirement for their issues.
  • Flood in documents
    This fault is in a way related to the previous fault. In attempt to compensate for a lack of evidence the team member submits all the documents that are in his own file that are vaguely related to the issue that is being considered. However, all the irrelevant information has the potential to mask the key elements that are relevant to the issue. It can even be worse than this: various design iterations may be included in the information providing conflicting evidence. The cause again lies in the lack of understanding of the team member and the resolution again is to carefully read the requirement for the issue.
  • Too many caveats
    Consultants need to be careful about their statements in the design reports they issue. They do not always control the implementation of their advice. The Breeam requirements often ask for
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Reasons to Buy Property in North Cyprus

Price of property

People look for and value different things when it comes to most things in life, and buying property is no exception. But if we could agree on one thing almost all people find important in the purchasing process, it would be the price. In North Cyprus, you can get new and modern property for prices you might not believe are real. That means that the dream of owning property in the Mediterranean maybe not be so out of reach as you thought, right up till now.

Such moderate prices mean that you will not only be able to afford to buy property here in North Cyprus, but also that you might be able to upsize. A one bedroom instead of a studio, a house instead of a semi-detached etc. Buying close to the sea is a definite possibility here, even close to, or in an urban area.

Climate

Located in the Eastern Mediterranean, whole Cyprus is blessed with very mild climate and around 320 sunny days per year. You can go in short sleeves during the day all the way until Christmas, and continue to do so already in February. It

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Considerations For Pricing A Home To Sell

  1. Market conditions: There is no single way to price a house. Specific market conditions vary, periodically, and these should have an important impact, on how to proceed. Is there a buyers, or sellers market? It’s a Buyers Market, when there are more sellers than buyers, and a Sellers Market, when there are fewer homes listed, for sale.
  2. Competitive Market Analysis: The best way to determine the listing price, should be, by using a Competitive Market Analysis, or C.M.A. This means, carefully, considering the price, similar houses, recently sold for, while taking into consideration, and adjusting upward and/ or downward, based on differences. When homes are priced right, from the start, they will generally attract the greatest number of qualified, potential buyers.
  3. Economy: Economic considerations, are a major factor, in pricing. When the overall economy is strong, and there is strong consumer sentiment/ confidence, as well as a powerful job market, more people are seeking houses, which, based on the concept of supply and demand, raises prices. Conversely, when this is diminished, creates less interest, and the need to adjust pricing.
  4. Mortgage rates: Most buyers purchase their house, taking advantage of using a mortgage. Therefore, they
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Objectives Of Home Sellers

  1. Best possible price: Obviously, when one sells his house, he hopes to receive the highest, best possible, price, for it! However, to do so, requires a strategy and focus, and the realization and recognition, the listing and selling prices, might be considerably different entities, in certain instances. These sellers should have a thorough discussion with their real estate professional, to come to a meeting of the minds, to determine what price to list, the house at, and the reasoning. strategic purposes. Depending on many factors, setting the price, right/ correctly, from the start, generally, garners the best price. This does not mean, merely setting a high price, because there are many instances, where doing so, may do harm, to the final result. Smart homeowners have a complete discussion, before they proceed!
  2. Shortest period of time: There’s many reasons, getting the home sold, in a relatively short period of time, is beneficial to a homeowner. Studies indicate, in the vast majority of cases, the best, selling price, is generally offered, in the first few weeks, because, that is when, it is perceived, the house is hot! Many potential buyers tend to wonder, if a house is great, why
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