Making You Wealthy And Heathy

As I was thinking about different games I played with my family when I was a kid, I thought specifically about Monopoly. It’s funny, but I think that this old favorite board game can teach us a lot of lessons about investing in real estate, and especially about house flipping. INVEST EVERYTHING YOU CAN Want to win at a game of Monopoly? Buy all of the properties you can afford! That’s really true for real estate investing, too. If you fix and flip one property at a time, you can make decent money. But if you have multiple flips going on simultaneously, you can continuously bring in cash so that you can afford even more investments, with or without help from a hard money lender or investing partner. YOU HAVE A LOT OF OPTIONS TO WIN What’s your Monopoly strategy? Do you buy up the properties that people are most likely to land on when they get out of jail? Or do you go straight for Boardwalk or Park Place to get the highest rent? There’s no single way to win at Monopoly,...

We’ve analysed hundreds of off-plan property deals and come up with a list of the most important questions that first-time investors neglect to ask. Here are the seven key questions that you should ask when buying a property off-plan, and throughout the process of building your property portfolio. 1.      How much are the reservation fee and deposit? The reservation fee is the amount you pay to reserve your new build. This is between £500 and £2,000. The next payment you’ll make is the deposit: usually around 10% of the final price. 2.      How secure is my deposit? Your deposit will be paid to the developer's solicitor or a mandated authority, but they should hold it in a separate client account. Depending on the contract for sales and purchase the deposit may be releasable or be held with the solicitor. Generally, only the first 10% of the deposit is protected by schemes  It helps to protect you should anything go wron...

Real Estate Investment Options Explored There are many investment options available to those who are considering real estate as a thoughtful method of maintaining the longer term income and profits. And why on earth shouldn't you consider these options? This can be a lucrative proposition, that millionaires all over the world will agree, to create a massive fortune quickly. However, real estate investing could be a very risky venture therefore your necessity of having some more stable ways of bringing in money in order to establish a truly diverse portfolio plus a better security structure for your financial future is imperative. Even within the massive world of real estate investment you will be able to find different ways of investing and each one of them will bear different risks level. So let's explore some of them. Commercial Real Estate Investment: Commercial real estate investment is an effective place to begin due to the fact that it would be relatively se...

Real estate investment is a great opportunity to earn profits and generate a cash flow. There is a slight difference between real estate investment and other types of investment. Real estate investment can be categorized as a long-term investment or short-term investment. Good real estate investor has ability to invest in real estate at right time. Real estate investment requires proper knowledge and concentration to invest in good piece of land. Sometimes heavy investment gives wrong results in the future and sometimes with a small investment you can earn more. Investors should be alert at the time of investment in real estate. If you're going to rent your property you should have sufficient knowledge about tenant problems and requirements of tenants. You should be aware of all financial as well as legal requirements for your real estate. Investment goals are the primary factor for real estate investment. Decide your investment goals like what you want to do with your re...

If you missed out on land’s Investment in Ikoyi, Victoria Island, Lekki Phase 1, or Banana Island, I’m quite sure what will be on your mind right now is how to invest   in Ibeju Lekki before it becomes saturated. It’s a known fact that Ibeju-Lekki is where majority of Lagos and Nigeria investment funds are currently going. It’s termed the next Dubai of Africa because of the numerous government and private policies currently ongoing which will favour investment in that region. But, before you make your next land purchase, I have these important tips for you. ASK QUESTIONS There is nothing like dumb questions when it comes to land deals. If there is anything not clear to you during negotiation please ask questions. In real estate deals you don’t know what you don’t know. MAKE PROPER AND ADEQUATE SEARCH Before you invest into any land in Ibeju Lekki, be sure you have done every necessary search and that you are satisfied with the result. Don’t fall the v...

For many, thinking of investing in Real Estate is a fantasy. It could be that the capital required for such huge purchases are not readily available; or that upon raising the said capital, one cannot leave it all “tied up”. Below are some tips on making rental income from real estate investments: Buy Rental Properties There is no rule that says you have to live in a house because you own it, especially if you would make more money by letting or leasing the property. If you buy a house through a mortgage, your rental income on the property will help in offsetting your monthly payments. Buy, Renovate, Resell Dilapidated properties are more easily negotiated. If you get such at a price below regular market rates, you may consider renovating and reselling it at a profit. House-sharing So, you have a 5-bedroom duplex and you only make use of 2 rooms? Why not rent out the other rooms and make some extra income?