TRICKS TO HELP YOU Invest in Real Estate More Effectively
Real estate is currently being evaluated as one of the best financial investment channels in 2015. If you are intending, find business premises, invest in real estate for rent, apartments, buildings, vacations. maintenance, … or any kind. The following tips will help real estate investors “money in like water”:
Tip 1: LOCATION IS ALWAYS TOP STANDARD
Is the gold standard that must be given the most attention and is extremely important. This criterion determines 60% – 70% of the success of your real estate investment. Choosing a product with a good location means that real estate has high development potential, especially the potential of “making a market” (speed of urban formation, attracting people to live in), good feng shui. Only when there is a dense population, the real estate value will increase.
Tip 2: CHOOSE REAL ESTATE WITH GOOD LIQUIDITY BILLION
Whether you intend to invest in real estate in the center or suburban, residential, townhouses, apartments, townhouses or villas or rental properties, the first criterion is liquidity. Liquidity is simply understood as the ability to convert into cash.
Real estate that is not too far from the center (or busy place) 3-10km usually has good liquidity. So why 3-10 km? The reason is that people will accept traveling in this distance, it takes 10-25 minutes to travel, which is real consumer demand.
So the first questions before investing are: If I need money to sell now, will anyone buy?
Secret 3: MAKE MONEY INVESTMENT
Example: Real estate has a market price (general ground price) of 1 billion, you can buy 800 million. Real estate has a market price of 5 billion, you can buy it for 4.2 billion. Real estate has a market price of 10 billion, you can buy it for 7 billion. Or rent out real estate, have tenants as soon as you invest.
Tip 4: CLEAR LEGAL
Always double-check accurate legal information and property by asking the commune’s cadastral office; district resource department or authorities, real estate experts …. before making a deposit or purchase transaction. If you make a mistake in this clause, your risk of loss will be very high.
Tip 5: SHOULD FIND A PRESTIGE REAL ESTATE COMPANY TO HELP YOU
No matter what field you invest in, you must have deep knowledge and understanding, especially in the real estate industry. Otherwise you will encounter a lot of obstacles in this investment industry.
Therefore, finding a reputable, experienced and good service real estate company will help you make more accurate investment decisions.
FINAL TIP, NEVER FORGET THE 5 TIPS ABOVE!!!!!