Real Estate

Finding your Perfect Short Term Rental Accommodation
Real Estate

Finding your Perfect Short Term Rental Accommodation

Are you planning for a quick trip, either vacation or business purpose? Have you thought of where you can stay? This is the first thought that comes to mind whenever you are travelling to any city for the first time. There can be some difficulties in finding a relaxing place with all the amenities that will make your trip memorable and even enjoyable. Thinking of over-budgeted hotels will leave in the confusion that you are going to stay in costly hotels for four to five days. But leaving all these traditional ways of staying in hotels aside, everyone tends to prefer rented accommodations. Well, yes, you heard this right. People mostly prefer rented apartments over hotels anyway. No doubt, the hotel can be a pleasant stay but considering budget a rented accommodation will provide you wit...
Financial Planning you must do Before Investing in Real Estate
Real Estate

Financial Planning you must do Before Investing in Real Estate

Investing in a real estate is considered to be quite a good option with respect to your future planning. But before making an investment one needs to know few of the essential things that may affect their financial situation.  Here are a few important things that one must know before you make your first investment in the real estate- Having a household budget First things first, you need to have your household budget planned already. This way you can arrive at the surplus after considering all of your income and expenditures.  Take note of the various sources of your income which ay include factors like rent income, interests earned, dividends etc. then make a separate list  for your expenses like electricity and water bills, rent, etc. to make it more simplified you c...
Real Estate Facts that don’t even Cross most People’s Minds
Real Estate

Real Estate Facts that don’t even Cross most People’s Minds

Buying a real estate for you is like a beautiful dream come true but if you aren’t prepared full and forget something it may turn into a nightmare. If you go for buying a real estate without doing full research and knowing the different aspects that are involved in the buying process you may end up facing unexpected expenses as well as other problems. So here is a list of a few things that people usually tend to forget before buying a real estate. And if you are someone who si planning to buy does make sure that that you check these out! Loan pre approval Though this seems obvious but be careful people often tend to forget this very important thing to do. The loan pre approval is that letter in which your lender states the amount that you can expect to borrow. This way you ca...
Real Estate Investment are Subject to Market Risks! – To Invest or not?
Real Estate

Real Estate Investment are Subject to Market Risks! – To Invest or not?

Real estate has been one such sector which will never stop evolving. Everybody needs a house to live and everyone needs office to work. So investing in a thing which is a permanent one makes a lot more sense. But they do include a bit of risks due to the economy changes. The inflation levels, the status of the world market and other parameters do reflect a bit in this market too. Plus of there are changing government norms as they were this year, the changes are bound to happen. Whatever the case is an investment in the real estate could be fruitful to people. When there is expansion of the city, it spread unevenly to various sides. The area which may seem too far away or out of the context, may be the highlight in the next few years. So it is only the vision of the real estate players ...
The True Cost of Buying Your First Home
Real Estate

The True Cost of Buying Your First Home

Most people dream of owning their own home, and it does offer a lot of benefits. You get some tax write-offs, you can earn yourself some equity, and you have a place that you can call your own. However, what most people fail to realize is the actual cost that comes with buying a home. Buying a house isn’t just about paying your mortgage, it’s also about including the added expenditures of owning a home, which include things like insurance, taxes, utilities, and all the things in between. Before you start house hunting with what you believe is your budget, first understand the true cost of buying a home. Mortgages Have you ever looked at houses online and notice a mortgage calculator on the page that tells you something along the lines of this $300,000 home you’re looking at will only cos...
Upcoming Changes in the Housing Market Signals the End of the Property Boom in UK
Landscaping, Real Estate

Upcoming Changes in the Housing Market Signals the End of the Property Boom in UK

The past 5 years have been good for the property market. Investors and property owners alike benefited from the rising costs and eager buyers. However, the year 2016 signalled a warning for the property market, especially since the announcement of Britain’s plans to exit the EU. We are now in 2017 and things are no better. Investors are less willing to make significant financial commitments in an uncertain property market following the Prime Minister’s recent announcement to trigger Article 50 on March 29. Activating plans to leave the EU will likely to result in a flatline in the price of personal mortgages and other housing costs. Ever since the results of the election last June, the UK markets continue to fluctuate with experts predicting a slight downfall in the economy. No doubt, ...
From Flexibility to Cost: The Benefits of not buying a House Explained
Budget, Real Estate

From Flexibility to Cost: The Benefits of not buying a House Explained

Buying a property might very well be the ultimate benchmark by which prosperity and financial security is measured. Or is it? Although property ownership is one of the biggest financial decisions that you will make, you may be better off renting. If you are wondering why, then take a look at these reasons. You Save Yourself Cost There are a lot of costs that come with home ownership- that you do not have to worry about if you decide not to buy a house. According to statistics, the average house costs ten times the typical salary of a full-time worker. It is therefore no surprise that the majority of home owners rely on mortgage arrangements to finance their house payments. In the long run, buying a house might be pricier than renting. Although, you may consider that paying your mortg...
Here’s How to Attract Affluent Millennial Renters to Your Property
Real Estate

Here’s How to Attract Affluent Millennial Renters to Your Property

Most millennial or people born between roughly 1980 and 2000 (depending on whom you ask), have come of age and are potential renters. Landlords interested in attracting the more affluent amongst this group are in luck, as it's been widely demonstrated that they aren't as inclined towards ownership as their forebears. This trend is manifested in autos, homes and other "big ticket" purchases. As a group, socially responsible Millenials prioritize experiences over-accumulation and would rather invest their incomes in traveling and trying new things than in buying a house that requires maintenance and care. If you're one of the landlords interested in securing well-off Millenials as tenants, here are a few things you might want to emphasize about your rental property: 1. Sustainable / eco-...
5 Money Saving Tips for Buying Your First Home
Personal Finance, Real Estate

5 Money Saving Tips for Buying Your First Home

Do you wish to buy your first house but feel unsure about how to start the process? Don’t worry; you’re not the only one. The state of our economy is such that most first home buyers are having a hard time getting started. Real estate prices are notoriously high and the average income can’t match up. Buying a house in this day and age takes years of planning ahead and saving up. And after you’ve done all that, there’s still the matter of choosing the right property to buy. Here are five ways in which you can save money for your first home buying experience: Save 10% of your income every month. To pay for the deposit fee yourself, it’s absolutely essential that you save up a considerable portion of your monthly income. Cut down on luxuries and keep at least 10% of what you earn every mo...
5 Tips to Save Money when Investing in a Property
Personal Finance, Real Estate

5 Tips to Save Money when Investing in a Property

When most people think of saving money they think of taking precautions while spending on necessities like food, clothing and luxuries like expensive cars. However, investing in properties is one of the smartest ways to save up for financial security. Property investment is a great way to develop your monetary future but it’s not a sure-fire method to expand your wealth unless you are careful about how you manage said investment. You can use your investment property for a variety of reasons – you can live in it, rent it out or simply keep it for the tax deductions you’ll be entitled to because of it. Whatever the reason for the investment, effectively managing the process can lead to positive outcomes for your finance in general. If you’re wise about how you deal with it, it can add to ...