Often, investors scour through various online portals and investment clubs to find the property that might bring them great cash flow. They compare a few of them and settle for the one which holds the most appeal. Nothing beats rent in terms of passive flow of income (a fair assumption in today’s times).
Despite a few hindrances here and there, the investor rides merrily on the “great cash flow” vehicle. Larry Arth for the blog EBG writes why the cash flow thing is no more an elusive idea.
According to the International Labour Organization, 200 million people will be out of job by the year 2013 (don’t look far; we are already in ‘13’). If you were to give a separate country to the unemployed, their population will beat each country’s population count except China, India, the USA and Indonesia. Let this be the first among the 20 amazing facts I am going to share with you.
“I am not in the position to sacrifice the necessary in the hope of winning the superfluous.” I took this line out of my memory’s yard. I think it’s from Alexander Pushkin’s The Captain’s Daughter. Pete Wargent for the Property Update writes how we love to gamble (something which Pushkin would never have done) – knowingly, unknowingly, as often as we can.
Sydney may have some distance to travel before it beats the Manhattan skyline but it has already gone past the inner-city property prices for Manhattan. For good measure, it has also surpassed the prices prevailing in Hong Kong, London and Paris. Kirsten Craze for the website news.com.au says that even homes in the Inner West are fetching in the vicinity of $800,000.
You cannot negotiate with people who feel that their loaves are theirs and your loaf is negotiable. However, if your counterpart is a reasonable person, a few skills might see you succeed each time in negotiating a favourable property deal. George Raptis for the Property Update talks about 7 ‘Timeless Tips’ for negotiating a property deal successfully.
Open Home has done rather well as a procedure that draws prospective buyers towards residential listed properties. However, the fun component begins when you turn the open homes into a kind of an event, may be a complete carnival. Steven Cross for the Real Estate Business writes that top agents have found open homes to be quite a show.
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