Investors have a hard life. Rising insurance rates, legal liability, security concerns and increasing interest rates may not be actually conspiring to give them early heart attacks, but it can seem that way. Managing risk is in large part about how to lower uncertainty by dealing appropriately with those and other stress factors.
Start by exercising [...]
In the world of property investment, there are various points along the ‘just looking’ to ‘ready to sell’ spectrum. Protecting your investment takes on different hues at different points.
When first looking for property you have to consider the amount of ready cash available, the state of the current market, as well as your own level [...]
First, some statistics. In the summer of 2005, the median price of a home rose nearly 15 percent from the year earlier, in some markets, much more. Lenders lowered required credits scores (FICOs), waived some documentation requirements, and raised the debt allowance to 45 percent of income. Some reports estimate that interest-only loans now make [...]
Marketing is something everyone loves to hate, but you can’t get around the fact that very little gets sold without it.
Definitions vary, but marketing is roughly the development and execution of a strategy to sell something — which includes research, advertising, promotion and sales.
Good marketing starts with good research. Finding out current prices for comparable [...]
Property, like any other good for sale, comes in all conditions. But the average home or real property costs 8-10 times or more the amount of other high ticket items. That’s what makes it an investment rather than merely a purchase. Essential to ensuring it’s a sound one is getting a thorough inspection. Write right [...]