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Casual Articles - Three Ways to Maximise Your ROI When Purchasing Investment Property Part 3
I must admit some of these points are a little basic, but it would surprise you how easy it is to make these mistakes.Most people who blog, and most certainly people who blog for a revenue, know, or need to know, what not to do with their Google ads. I, way too often notice blogs that fail to follow the Google Adsense rules, and in turn loose out in any earnings they have made with the Google Adsense program. Especially, it is very hard o
Before you hang me, I HATE this attitude.Why do people in one business opportunity knock other peoples opportunities?I for one, always look at other business opportunities, not because I'm unhappy with my current opportunity, far from it, but because I like to see what's going on in our industry.There are some fantastic opportunities out there and you never know, one day your company may not be here, or you may want an add-
Most of us know in the mutual fund world, some funds consistently outperform the market and people then buy into these funds when they are low so as to outperform the market when there is a rebound. Property investment is no different except that our focus is not so much on the price of the property per se but on the rental proceeds. Have you ever noticed that some rental property geographical locations fetch more rental as compared to other areas? This article will highlight a three ways to identify such properties.
Firstly, the hill and the sea is the key to high rentals. In Hongkong the most expensive properties in terms both of rental and purchase price is found at the Peak. Needless to say we know that properties there are found at the top of a high vantage point overlooking the sea. Humans since the days of old have a great obsession of the sea, perhaps due to our fantasies about sea adventures fanned by movies and stories of great sea battles. This translates into higher profits when renting out the sea. For that matter, a sea facing unit on high ground will generally fetch higher rentals than one that is facing inland. Note that another reason why you want a property on high ground is that, in case there are new buildings near the sea, your sea view will not be obscured.
Secondly, finding a property in the path of development is another key to generating higher rental yields to boost your ROI. The reason is based in human geography. When a town expands in a certain direction, traffic and connectivity to that area increases and it becomes more desirable to live in and the rental proceeds will increase. Thus finding a property in an area that is in this path of development is important especially if you buy it before the city development takes place. Town development plans in your local city or county office will prov
The FICO score is credit score developed by Fair Isaac Corp. It is a scoring method that determines the credit worthiness of the credit user. In simple words, the FICO Score lets the lenders assess, how capable are you to pay off your credit? The FICO Score is looked at by almost all in the lending industry. If you are in the market to purchase a house or car, you score will be checked.The FICO score was established to aid the three ma
Firstly, the hill and the sea is the key to high rentals. In Hongkong the most expensive properties in terms both of rental and purchase price is found at the Peak. Needless to say we know that properties there are found at the top of a high vantage point overlooking the sea. Humans since the days of old have a great obsession of the sea, perhaps due to our fantasies about sea adventures fanned by movies and stories of great sea battles. This translates into higher profits when renting out the sea. For that matter, a sea facing unit on high ground will generally fetch higher rentals than one that is facing inland. Note that another reason why you want a property on high ground is that, in case there are new buildings near the sea, your sea view will not be obscured.
Secondly, finding a property in the path of development is another key to generating higher rental yields to boost your ROI. The reason is based in human geography. When a town expands in a certain direction, traffic and connectivity to that area increases and it becomes more desirable to live in and the rental proceeds will increase. Thus finding a property in an area that is in this path of development is important especially if you buy it before the city development takes place. Town development plans in your local city or county office will pro
Costa Rica developments are gaining in popularity and demand. Investors are pouring a lot of money into this small country.But why Costa Rica?Because Costa Rica's blend of beauty and business culture is attracting a growing number of travelers and international businesses to this Caribbean area.Since the late 1970's, Costa Rica has been luring tourists to its lush rainforests and exotic beaches. A pioneer of eco-tour
Firstly, the hill and the sea is the key to high rentals. In Hongkong the most expensive properties in terms both of rental and purchase price is found at the Peak. Needless to say we know that properties there are found at the top of a high vantage point overlooking the sea. Humans since the days of old have a great obsession of the sea, perhaps due to our fantasies about sea adventures fanned by movies and stories of great sea battles. This translates into higher profits when renting out the sea. For that matter, a sea facing unit on high ground will generally fetch higher rentals than one that is facing inland. Note that another reason why you want a property on high ground is that, in case there are new buildings near the sea, your sea view will not be obscured.
Secondly, finding a property in the path of development is another key to generating higher rental yields to boost your ROI. The reason is based in human geography. When a town expands in a certain direction, traffic and connectivity to that area increases and it becomes more desirable to live in and the rental proceeds will increase. Thus finding a property in an area that is in this path of development is important especially if you buy it before the city development takes place. Town development plans in your local city or county office will pro
70 miles north of New York City is the home of positive thinking, Pawling, New York. Pawling is a town of Optimists and one Optimist that put this town on the map was Dr. Norman Vincent Peale. Known as the Father of the Positive Thinking and Motivational movement in the 1950’s and Founder of the Center for Positive Thinking, Peale’s sprit can still be felt on Pawling’s streets. Residents of Pawling have a lot to feel upbeat abo
Secondly, finding a property in the path of development is another key to generating higher rental yields to boost your ROI. The reason is based in human geography. When a town expands in a certain direction, traffic and connectivity to that area increases and it becomes more desirable to live in and the rental proceeds will increase. Thus finding a property in an area that is in this path of development is important especially if you buy it before the city development takes place. Town development plans in your local city or county office will pro
If your like most people you have probably asked yourself the question "What does it take to become sucessful at Internet Marketing?" The answer is at first glance complicated but after a little consideration becomes so absolutely simple as to seem almost obvious.In one word "Perseverance". Every person that you hear about who has become a success online has done so by focusing their time, energy, and concentration on learning their craf
Thirdly, an often overlooked trend is demographical change and migration patterns. Spend some time walking around and talking to individuals in the area. How old are the people in the area? What is the predominant ethnic group of people in the area? What do they do for a living and how much do they pay on the average for rental in the area? Your objective here is not to be racist or discriminatory but to find an area where the properties fetch rental returns higher than the national or state average.
Some places you will observe have a high level of immigrants, but the rental that you may collect may be higher than other areas. The reason is that you may be able to rent out to more people who are willing to be near their friends in a particular area as opposed to having to rent out the whole property. Note that you should always have someone trustworthy to look after the property so as to maintain some semblance of law and order.
In conclusion, we have highlighted three ways where you can maximise your rental ROI on your investment property and this concludes the third part of our property investment series.
By Joel Teo 2006 All Rights Reserved
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