Your Favorite Realtor

Your Favorite Realtor I have 3 years experience as a real estate agent and broker in Nigeria , and serves as a Realtor to

15/02/2021
31/12/2020

Become a landlord in 2021

27/08/2020

A real estate firm needing sales executives

14/08/2020

The Most Important Factors for Investing in Real Estate

What's the most important thing to look for in real estate? While location is always a key consideration, there are numerous other factors that help determine if an investment is right for you. Here's a look at some of the most important things to consider if you plan to invest in the real estate market.

Location of the Property

Why is it important? The adage "location, location, location" is still king and continues to be the most important factor for profitability in real estate investing. Proximity to amenities, green space, scenic views, and the neighborhood's status factor prominently into residential property valuations. Closeness to markets, warehouses, transport hubs, freeways, and tax-exempt areas play an important role in commercial property valuations.

What to look for? A mid-to-long-term view regarding how the area is expected to evolve over the investment period. Today’s peaceful open land at the back of a residential building could someday become a noisy manufacturing facility, diminishing its value. Thoroughly review the ownership and intended usage of the immediate areas where you plan to invest.

Earlier I said FACTORS well I just talked only about location, I'll still talk more on the rest stay tuned...

Vacancy VacancyIf you interested DM me
06/08/2020

Vacancy Vacancy
If you interested DM me

HARD-MONEY LENDINGHard-money lenders provide short-term loans to people who normally wouldn't qualify for those loans. I...
05/08/2020

HARD-MONEY LENDING
Hard-money lenders provide short-term loans to people who normally wouldn't qualify for those loans. In order to participate in hard-money lending, you'll need some capital behind you. These are loans that are often at high interest rates because they're for very brief periods. To close your first deal, you could turn to a hard money lender. If you have what you feel is a "sure thing" but lack the capital, this could be your best bet.

You could also become a hard money lender, but you'll need some capital. This likely isn't going to be the first way you start out making money in real estate, but as you build your network, capital and a solid portfolio of deals, you could provide these bridge loans and make a great rate of return.

Even if you lack an enormous amount of capital, as long as you can successful identify the right deals, provide a small amount of money and generate a high success rate, you can likely find investors to come on board without much difficulty. The interest rates here make sense. There's more risk but also more reward. It can be a way to keep your cash fairly liquid and generate a nice profit in the short term without having to wait years and years for those returns to materialize.

Why You Should Invest In Real EstateDo you have enough for retirement? Financial planners usually use the “25 Times Rule...
27/07/2020

Why You Should Invest In Real Estate
Do you have enough for retirement? Financial planners usually use the “25 Times Rule” to determine how much a portfolio should be worth for someone to safely retire. If you need $50,000 a year to live on when you retire, then, using the “25 Times Rule” you should have $1,250,000 in stocks, bonds and mutual funds in order to retire. Then, at retirement, financial planners begin liquidating these assets using a “4-Percent Rule”, which simply means they liquidate 4 percent of the portfolio each year until it is down to zero after 25 years. If you retire at 65, you better hope you don’t live past 90 or you’ll be broke.

Compared to investors who rely on the stock market to accumulate assets for their retirement, real estate investments take a different approach. If you accumulate $2,800,000 in income-producing real estate it will pay $50,000 a year in income and continue to appreciate in value over the years, not only covering you indefinitely but also leaving you something to pass on to your children.

Here’s the interesting part, it only takes $700,000 in investment capital to accumulate $2,800,000 in real estate assets. By comparison, it takes about $900,000 in stock investments to achieve a $50,000 per year annual income, assuming that during 30 years of investing both types of investments yield a 4 percent return.

Real Estate has many advantages over investing in stocks, bonds or mutual funds. Real estate offers predictable cash flow; it appreciates in value, thus keeping up with inflation; it provides a higher return because of positive leverage; and it offers equity growth through debt reduction. During retirement, real estate is a self-sustaining asset while stocks are a self-liquidating asset. Which would you prefer, a self-sustaining asset or a self-liquidating asset?

Commercial real estate    One of the great opportunities in real estate for making a considerable amount of money is to ...
20/07/2020

Commercial real estate
One of the great opportunities in real estate for making a considerable amount of money is to invest in commercial real estate. Commercial real estate developers focus not only on flipping properties but also on developing them, adding value to properties in order to increase their net incomes through renovations and upgrades. They also consult on projects that might take more seasoned real estate investors to see to fruition.

Ali Safavid, founder of 5209 Investments, says commercial real estate is one of the most lucrative sources for both income and profits in the real estate market. As long as you can find ways to add value to the exchange, investing in commercial real estate can be one of the largest income generators you'll find.

People always need office space and retail to run their businesses. These physical locations are bread and butter in the real estate niche. As you grow, you can find ways to open up shopping malls, develop large scale buildings and more. But you have to start somewhere.

Good morning  Well it's a new week,so let's use this push button and have more reasons to invest in real estate    Real ...
13/07/2020

Good morning
Well it's a new week,so let's use this push button and have more reasons to invest in real estate
Real estate is improvable
One of the most unique and attractive advantages of real estate is that it is improvable. Because real estate is a tangible asset made of wood, brick, concrete, and glass you can improve the value of any property with some “elbow grease” and “sweat equity”. Whether the repairs are structural or cosmetic, do it yourself or hire someone, the principle is the same. You can make your real estate worth more by improving it.

How to make a living investing in real estateWhen it comes to real estate income, there are two ways to generate cash. Y...
11/07/2020

How to make a living investing in real estate

When it comes to real estate income, there are two ways to generate cash. You can generate passive income by buying and holding, while you can generate an active income by flipping contracts, doing renovations or adding value in another area -- such as putting together property development deals. It might seem overwhelming at first, but it won't be as intimidating once you gain experience.

When most people think about making money in the real estate sector, they ask the following types of questions:

How can I invest in real estate with no money? You can utilize a variety of methods that includes any of the following:

Seller financing through lease options

Trading fixed assets such as cars, jewelry and more

Taking over someone else's mortgage payments who might be in a distressed situation

Bringing in an investment partner with cash

Borrowing from a bank or getting a hard money loan

Taking out a home equity line of credit

Utilizing a peer-to-peer lending network

Consider Flipping HomesJust like you see on HGTV, flipping homes can be lucrative IF you know what you’re doing. Purchas...
08/07/2020

Consider Flipping Homes
Just like you see on HGTV, flipping homes can be lucrative IF you know what you’re doing. Purchasing a home for a low price, fixing it up, and then selling it for a profit isn’t as easy or quick as it looks on TV, though.

There is more risk involved, as you have to accurately predict renovation costs and sell quickly, to minimize the amount of time you are paying for the home. There’s always the chance that the home doesn’t sell, or takes a long time to sell, too, so keep that in mind.

But, if you have the DIY skills to renovate a home or have a partner who can, flipping homes might be the right move into real estate investing for you.

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