Noah George - Tips From Real Estate Agents to Invest Successfully

Noah George - Tips From Real Estate Agents to Invest Successfully The recovery of the real estate market is already a fact. The increase in purchases, the positive activity of mortgage loans and even the rise in the price of housing are just some of the components that make 2018 the perfect year to start investing in brick. How to make sure you do not fail in this process? Below are the tips to make investments in real estate successfully.

Tips for productive real estate investments Before investing in a new home, there are many factors to keep in mind to avoid getting shipwrecked in the attempt. Knowing first hand some tips to make your real estate investment will make you feel like a fish in the water in this market: 1. Investigate and choose the appropriate location The location is one of the most critical factors to make an excellent real estate investment.

Selecting an area with medium and long-term revaluation plans that have the necessary services for day-to-day increases the probability of sale and rental of the house later.

Likewise, it is essential to invest near our city to be able to manage all the necessary procedures personally. In this sense, the expanding neighborhoods and university areas become a safe asset when it comes to buying a property to be rented. The coastal regions, on the other hand, become the perfect option to obtain a second residence.

2. Study the type of real estate investment If you want your real estate investment to be profitable, you must pay close attention to the demand and supply that exists in your area of action. Investing in a residential home is the most productive in small cities and emerging cities like Gurgaon. However, the best option in large cities is to bet on commercial properties to obtain a higher value for the lease.

In both cases, you have to be adequately informed about the community expenses of the property, since it will reduce the performance that you intended to obtain with your real estate investment initially.

3. Check the physical and economic status of the home A property in perfect condition, fully furnished and with an adequate orientation that provides light for spacing dramatically extends the possibilities of sale or rental. However, at the time of acquiring a second home as an investment, other relevant factors must be taken into accounts, such as the age of the house, the useful meters and the distribution of the rooms, since carrying out a reform may decrease the expected profits with the purchase.

In addition to checking the physical state of the property must also go to the Land Registry to verify that it lacks economic burdens and is not in any situation litigious.

4. Look for profitability and long-term revaluation

Do you want to obtain profitability in the short term after making a real estate investment?

No doubt you've made a mistake in business. It usually is not until five years after the purchase of the property when it begins to revalue, and you can see an increase in the value of this.

However, currently is the best time to obtain profitability through mortgage loans thanks to low-interest rates, with the Euribor bordering historical minimums and especially favorable conditions of accessibility proposed by banks.

5. Diversify real estate portfolio Profitability is inversely proportional to the risk that one wishes to assume. To minimize the risks of our investments, we must have a collection of properties that are sufficiently diverse to avoid a sharp drop in our finances.

Thus, a diversified portfolio should include both homes that have a high probability of revaluation and real estate with a high rent yield. In this way, you guarantee a full amortization of real estate investments made.

6. Analyze market trends Examine the trends of the real estate market and the aspects that may influence the profitability of your investment are a must. Requesting help from a real estate agent will help you to know the average price of homes in the area compared to other neighborhoods, the type of buyers or rental applicants interested in that area and the conditions of the sector.

Knowing market trends also becomes essential to understand the perfect time to make the sale of the property and get the maximum return on investment.

7. Acquire real estate for rent The rent is on the rise. The lack of income and the need for greater freedom of movement on the part of the youngest sector of the population make leasing the best option.

According to some reports, rental yield has risen by 4.4% and is expected to continue growing and consolidate as the perfect scenario for investors.