Showing posts with label Estate. Show all posts
Showing posts with label Estate. Show all posts

Thursday, March 1, 2012

Wholesaling Real Estate - How to Wholesale Real Estate?

www.REIClub.com - Wholesaling Real Estate Is A Great Investment Strategy For Beginner Investors. Here's A Quick Video On How To Wholesale Real Estate For Quick Profits... To Learn More On Wholesaling Real Estate www.WholesaleInterviews.com Hi, this isFrank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on what wholesaling is, and how to profit with it. Wholesaling real estate provides an opportunity for someone to build income with little capital or credit, by simply buying below market value and selling below market value. Wholesaling real estate (aka - flipping) - Don't take ownership of that property. - Assign the contract to another (end) buyer - close deal in your place. - Very low risk - little or no money down! - Usually sell to to investors with cash, lines of credit, or hard money loans = quick closings Some investors call it "wholesaling real estate" others refer to it as "flipping properties." Regardless of the term you use, you can make quick cash from properties you don't own. Step 1: Finding Distressed Properties - Resources - Real Estate Clubs, Auctions, MLS, realtors, FSBO, Craigslist, etc... - Profit Margins - Is there room to make money? - Deposit - amount ranges, but indicates serious buyer Example: - Retail Market Value - $100000 (fixed) - Negotiate price down - $60000 - Repairs - $10k-$15k - Wholesale Price - $65000 - YOUR profit = $5k Investor Profit = ~$20k Step 2: Build Buyers List (refer to cash ...

Sunday, November 7, 2010

Infrastructure Makeover Changing the Face of Real Estate in Chennai


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Chennai has retained its traditional charm for long. The city is known for its booming movie industry. Flourishing industries include hand looms, furnishings, fine silks, and traditional and trendy merchandise. Investment on the real estate in Chennai has been on the rise. With the talk of satellite townships coming in the outskirts of the city, the avenue for investment in real estate has never been this good. The landscape of Chennai is all set for a makeover. When the Rs 32,700 core plans for the metro is completed as scheduled in 10 years, the city's skyline will be dotted with elevated highways, rapid transit ways for buses, truck terminals, mono-rail, a dozen more flyovers and several rail over/under bridges and multi-level car parks to accommodate the needs of an ever-growing populace.

With the impending infrastructure development plans in place Chennai property prices have already skyrocketed. Land prices in the industrial areas of Guindy and Ambattur are seeing climbing rates. In Central Chennai capital values of a multi storey apartment is in the range of Rs 7000-12000 per sq ft whereas West Chennai commands a price tag of Rs 2000-10000 per sq ft for the same. The IT Corridor of Chennai commands Rs 2500-5500 per sq ft for an apartment unit and in South Chennai it is between Rs 3500-10000 per sq ft. The apartment rental values are between Rs 10000-25000 per month in Central Chennai.

Many real estate developers are imminent in the city. L&T South City project is launching Eden Park. It is an integrated township and will be developed with an investment of over Rs 12 billion. The location of this massive project (around 100 acres) is near Siruseri on the OMR (Old Mahabalipuram Road). The project will be based on the concept of villa apartment, in which luxury and privacy of an independent villa is to be combined with the convenience, maintenance and security of an apartment. The project started on 18th January 2008 and will be completed in several phases.

Besides, another project Estancia is also an integrated township from L&T Urban Infrastructure Ltd in association with Arun Excello of Chennai. This project is coming up on 78 acres of land at an estimated cost of around Rs 1800/ crore. It will eventually house 2000 apartments, an IT Park, hotel, shopping mall and a school. L&T will provide the construction and project implementation for this Estancia venture.

The city of Chennai, though small in comparison to other metropolitan cities of India, has had an identity of its own that is unique, yet obvious. With proper infrastructure also in place Chennai real estate is all set to boom.




George Gonigal provides you the best and latest info on India Properties [http://www.magicbricks.com]. He would also let you know about Real Estate in Chennai. To know more, visit Chennai Real Estate [http://www.magicbricks.com/property/city/p/p~p!ct~5196!/Chennai.real-estate].

Saturday, October 23, 2010

The Communities That Comprise of Vaughan Are Benefiting From Higher Real Estate Values


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In contrast to many areas looking at a downturn in residential sales due to a lack of consumer confidence, hotspots like Vaughan, Ontario, the "City above Toronto" are actually seeing a 'seller's market' due to fast paced expansion. The city of Vaughan has reshaped itself over the previous 20 years from an agricultural township to a fast paced urban hub of a number of communities with a rustic feel. The population of Vaughan grew 276 percent in the ten year timeframe from 1986 to 2006, and by 2031 there may very be well over 1.5 million residents in the region.

The census numbers from 2006 reveal that Vaughan is bringing in a lot of young residents, with 81 percent of the city under 55 years old with a median age of 35.9 years, which is significantly smaller than the 39 year-old average for Ontario. Even though up to 65% of the houses in Vaughan are single-family detached buildings, high end multiple-row houses and apartment condominium are increasingly more popular, based on research by the York Region Planning Department.

The median household income is 31 percent above the national average, as a result Vaughan real estate ranges more than the average price of residences in Toronto.The spin-off of this can also be felt in Markham homes for sale as well which has also seen a rise in demand from home buyers and is welcome news for sellers.

One of the more popular attractions of Vaughan real estate is how close it is to Toronto's services, however without the hustle and bustle of an urban center. Purchasers are also attracted by the emphasis on public green areas set amid As opposed to many 'bedroom communities,' Vaughan has plenty daycare and health care services -- including a new regional hospital -- and high end shopping centers, restaurants and well-maintained public recreational facilities.

As the population in Vaughan has increased, the infrastructure has kept up with the demand for access to Toronto for the daily traveler, and there is an impressive grid of four lane streets that connect the highways and toll roads to city streets and thoroughfares. The local Viva bus system has a fleet of stylish Van Hool buses that connect transportation providers at the 'Vivastation' which features new ticket machines and 'smart' monitor to inform passengers of all departures. The Greater Toronto Transit Authority, known as as GOT, supplies rush hour commuter trains for stops in Vaughan and the Toronto Transit Commission (TTC) has bus routes that connect to subways and RT stations in Toronto.

Another rationale for the Vaughan real estate rise is the amount of land still procurable for development. Because Toronto has such a tightly packed population, there are less occasions to custom build houses and estates in the immediate area. The wide open areas also demonstrate there is potential to develop new attractions like the Canada's Wonderland theme park located in Maple, one of Vaughan's districts, that brings in a wide range of visitors to boost the local economy.

A few of these open spaces are zoned as agricultural land and there is some worry that soon it will all be developed The additional communities that make up the city of Vaughan are Woodbridge, Klienburg, Markham, Concord and a part of Thornhill. The extraordinary flavor of each area is a result of the blending of older family properties, upscale master-planned areas and multi-family homes that are combined with industrial sections and retail centers.




The market is always in flux and Stefan Hyross is a writer for both Vaughan real estate in addition to keeping track of the property market in general. If you are intent on finding out more or would like to explore Markham homes for sale please visit the website.

 
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