Archive for April, 2010

Goa realty thru Magic Masons Goa Property Finder! View 100s of Goa properties before you buy.

Wednesday, April 28th, 2010

Goa Property Finder! View 100s of Goa properties before you buy …

Goa Property Finder. Search Goa Property with this Goa property finder. View 100s of Goa Properties before buying Goa property or Goa realestate in Goa.

 

Goa has many popular well established neighborhoods but it is a matter of your preference.

If you are buying a property in Goa to rent it out, you should ask yourself where you would like to live and rent a property in Goa.

If you are targetting to renting out your new property to the expatriate community in Goa, you should investigate to purchase a Goa property in exclusive neighborhoods.

If you are considering buying a house or condo in Goa, to sell it at a later time for a profit, you should ask yourself which locations in Goa still has affordable real-estate properties with the potential of strong growth. New townships in Goa could be a potential target for the purchase of a property.

When you purchase a house or villa in Goa, you are buying the land and as well the property that was build on the land. Of course the property in Goa will deteriorate with the years but the land the property was build on maybe worth much more, then its original value, so the more land you get when you buy a house or villa in Goa, the more it will be worth in the future. Land in Goa will always have value.

Before you buy a property in Goa, it is important that you understand the basics between a Freehold or Leasehold property in Goa.

It is important that you check out the immediate surroundings where you plan to buy a real-estate property in Goa and you should be cautious of anything near by your Goa property. You should not purchase a property near by of main roads, high tension cables, Electricity substations and as well large water drains in Goa.

If you have contacts into the construction or real estate industry, you could have an advantage if they can let you know of future developments of real-estate projects in Goa, before the general public will be aware of those new real-estate development projects in Goa.

Most buyers of properties in Goa compare prices when they shop around for a new property. You should look through Goa real-estate classifieds ads in local newspapers or search online for real-estate developers in Goa so you have a strong knowledge of the prices for the real-estate properties in Goa.

You should ask yourself the following question before you buy a property in Goa.

Is the property in Goa, leasehold or freehold and if the Goa property is a leasehold property, how much years does the property in Goa has left? How is the neighborhood of your Goa property? Are shops nearby your Goa property Has any work been done on the Goa property since the old owners moved in? Is the Interior or Exterior of the Goa property in good condition? How much you have to invest in additional work for your Goa property Will you be able to obtain a mortgage loan from a local bank in Goa?

If you are not under a time constraints, you should look as many properties in Goa as you can handle. You should visit show units from real-estate developers in Goa or if it is a property in the resale-market, visit that property as often as you can and draw up a list of pros and cons of the Goa property. If you have the time, under no circumstances should you rush in to buying a property in Goa.

You should not only look for a bungalow, semi detached house, or a condominium/apartment or residential land in Goa, but as well for a mortgage loan with a Bank or Financial Institution in Goa.

To know more visit:

http://www.magicmasons.com/

 

 

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Make Money Renting Property To Businesses

Sunday, April 18th, 2010

If you’ve got money to invest in property, there’s more than one option open to you.

You mostly hear about people buying a house, doing it up and then selling it on or renting it out.

But you could also do the same with property abroad. Or an increasingly popular way to make money is by renting property to businesses.

New research by lenders Mortgage Trust shows more than one in four landlords are looking to get into corporate rents, which includes commercial buildings as well as leasing domestic properties to executives who have moved from other parts of the UK.

At the start of 2007, that figure was just 14 per cent according to its research. Now it stands at 27%.

Much of this growing interest is because you can make more money renting property in this way, especially if you can afford to buy a commercial building.

Businesses tend to demand high standards. And if you can provide, they will pay handsomely for it.

On top of higher rents, a company is much more likely to stay in a building for a longer period of time. If you think how much hassle it is for you to move house, it’s ten times the pain for a business.

When your tenant does move, they are less likely to do a runner than people renting property might do, leaving you with a mess to sort out. This is true for domestic as well as commercial rents. And businesses are more likely to put the building back to the state it was when they moved in.

Some landlords hope that down the line they can sell their investment property to the tenants.

If you are interested in buying a commercial building as an investment, you need to approach it a little differently to when you are renting property domestically.

First off you must look very carefully at the location of your potential investment, and consider the type of business that might rent it from you.

Companies that use warehousing will need excellent transport links, plus lots of cheap space. Whereas a business that has lots of staff and clients visiting the premises will be more interested in a smart looking building and plenty of parking spaces.

The trick is to find a balance between the likely cost of the premises, the features of the building and the location.

Next up you should look at the infrastructure on offer. A building will have more appeal if it has modern network cabling in place, plus a good security system. The building should already have smoke detectors and other safety features such as fire extinguishers, as these are required by law.

One smart tip that will help you maximize your profits from renting property to businesses is to look at how you can make better use of the space you have bought. For example, if you have a tall building, could you install a mezzanine floor to double the floor space available?

Is there wasted space in the loft or associated outbuildings that can be converted? The more floor space you have, the more monthly rent you will get.

It will be harder to do this work if you buy the building with tenants already in. If the building is empty it will be easier, plus you can throw the cost of improvements into any borrowing you are doing to fund the purchase price.

Finally, before you shell out for your building, find a commercial estate agent you trust to work with you as a partner. Not only will they offer plenty of advice on the best way to get a good monthly income from the building, but they may act as a property finder for other businesses – matching renters with tenants.

This could be a powerful weapon for you in marketing your new commercial building, and getting tenants renting property quickly.

Property Management in Las Vegas

Tuesday, April 13th, 2010

Your property needs to be managed carefully and professionally. So once you have decided to hire a property management agency to look after your property it becomes imperative that you make the right decision about the agency. There are several firms listed on the net that provide Las Vegas real estate services and Nevada property management ranging from property maintenance and collection, supervision, tenant screening and retention, and random property inspections. Several things are to be kept in mind while selecting the firm. The firm chosen should be registered and without any past or present criminal records or involved in any legal proceedings. The best way is to interact with the previous and present clients who would provide with the right kind of information regarding the property management in Las Vegas of the firm.

The difference should be made between the firms that specialize in residential and the ones that specialize in commercial properties. It is always advisable to select a one that specializes in only one category as they would be more experienced and would provide better services.

Another thing that has to be kept in mind is that the firm selected should have enough time on its hands to focus on your property. That means they should be involved in the business full time and not doing it on the sidelines. Also the managerial practices of the firm should be checked so that it could be made sure that they have the right vision and the methodology to do the needful.

Once a firm has been selected, the contract should be arranged between the firm and the owner and a copy each should be kept by both the parties. The service details of the Nevada property management firm should be taken in writing and there should be no discrepancy between the practical and the written part once the work gets underway.