“Land! It’s the one thing God isn’t making’ any more of!” Truer words have never been said. It will always be possible to pour another widget, but real estate doesn’t come that easily. Like anything, you have to be wise about your choices, what you choose to buy and invest in, but if you follow a few simple, basic rules, you’ll be onto something that’s at least as secure as a passbook savings account, does more for your portfolio, and is often a lot more profitable!
A room that’s been freshly painted is likely to impress people when you show the house. Painting rooms one color is simpler for you, and also creates a better, more unified effect. Rather than painting the walls a bright color, or white, you’re better off with a shade of tan or brown. You should then choose something lighter for the ceilings, which changes the appearance of the room in a positive way. This causes the ceiling to appear higher than it actually is. During the day, you should also make sure sufficient light enters each room; this is another way to make a room look bigger. Suggestion for obtaining a great http://kayodeobembeco.com.ng – real estate pictures agent: Ask your friends and family for a Yorba Linda homes for sale they would endorse.
The climate is tropical, dry in summer, wet in winter. It is warm year round. It basically exports coffee but tourism has gone past coffee and banana exports as the ultimate source of money. This is a critical fact for investors and vacationers.
If you’re saying to yourself “I don’t like going into debt–I’d much rather pay for things as I have the money” then you’re going to move at a snail’s pace creating success for yourself. A job with a 401k is probably a better fit for you.
A Lease with the option to buy is a great way to create a win-win solution for both the buyer and seller alike. The seller gets to sell their house quickly for top dollar and the buyer gets the option to own a house regardless of credit history or qualifying through a bank. Both parties benefit during the leasing period of the agreement. The seller gets a positive cash flow in the form of monthly rental payments and the buyer get time save money and/or prep for future financing while enjoying the house in the meantime.
Sound illegal? It’s not–it’s been going it for years. It’s your money, for crying out loud. Why should someone else decide for you what you do with it?
So my point here is set up a good relationship with your solicitor or conveyance team. You will need them for other things down the track as well. Quite often things, they don’t charge you for. Take the time to get to know them and it will pay off for you. We will talk later about other people you need in your real estate investing team later.