Few tips on How to Strike an Excellent Commercial Property Deal

Make a Plan of Action to Know Whether Property Would Bring Good Returns
Decide upon your budget that is how much money you can spend to buy a property. Ask questions like is the property on lend? How many lessees have occupied the property? It is also important to assimilate how much rent the lessees are paying. If the property is not given for lease, how much rent you can earn in future.

Know How to Identify a Worthwhile Deal
Many wonder how some people know instantly which one is a good real estate deal and which one is not. This post will reveal the secret to the readers! Every time you are offered a commercial property deal, you should think can you let the deal pass away. Evaluate the various risks involved, and think does the property meet your goals related to monetary returns.

Buy Property from Motivated Sellers
In your pursuit for finding a good commercial property deal, you could also encounter sellers who would be ready to sell their properties below market value. Before buying the property from one of them, you must investigate the pressing reason behind such a lucrative offer. Many motivated sellers do not even bother to negotiate the property price. You just have to give a convincing price offer and the seller would most probably accept it.

Buying a commercial property not only involves assimilating the future monthly returns, and knowing the sellers, but it demands a lot of effective communication. A buyer has to take efforts to cultivate cordial relationships with owners of properties so that they can discuss with him/her about the deals.

Read More

10 Real Estate Tips for New Landlords

Generally, some of the real estate investors are also the landlords and property managers. Some investors feel that this is one of the best ways to know what real estate investing is all about. At the initial state you are excited but later the headache of managing all the things starts giving you pain. But there is no need to take tension as there are some important and useful tips for all new landlords to manage their things in the proficient manner.

Cosmic India

1. Be patient with your tenants: Some tenants are just great and gives no tension and on the other hand some tenants are impossible to deal with. Constant nagging with the tenants can irritate you. So, ensure that you will have all the important things cleared with your tenants to avoid any misunderstanding in the future. 
2. Property management: It is important for you to manage your property and its surrounding area. So, make all the rules and regulations in advance only. Also, ensure that all your tenants are following these rules. Believe us; this will give you a great relief.
3. Don’t be a bad landlord: Don’t be a bad or rude landlord. You should always use good words and language with your tenants. This will help you to connect with them easily and your tenants will also treat you as your family. So, avoid using bad and rude words with them.
4. Land lording as a business: It is important that you should treat land lording as a business. In fact, all the things should be done in legal ways. All the legal procedures should be followed.
5. Try to get a good state-specific lease and make sure that your lease is clear regarding all expectations that you should have for your residents' responsibilities.
6. Just have believed in you and do not trust with anything that is on the rental application. Before finalizing anything, it is important for you to verify all the paper and documents.  
7. Properly screen the applications of your applicants. It is important to check all the documents provided by them. Also, ensure that they do not have any criminal record. Today, police verification is very important. So, you should register all your paper and documents with the police.
8. If you have a new building or apartment, then it is important for you to advertise about it in the market. Just make some posters and stick them on the walls or you can also give an advertisement in the newspaper.
9. Do not give up in any difficulty and problem. Try to sort the problem and find solutions for all your problems.
10. Last, but not the least maintains good relationships with other landlords and property agents so that you can get any help from them. 

Read More

How Do I Invest in Real Estate With Little Money Down?

Most real estate deals involve the buyer's paying some amount of money to the seller. However, the money the buyer has to come up with does not have to be his own. Various real estate strategies can be used to satisfy a seller in lieu of immediate cash. Real estate option contracts, promissory notes and real estate contract assignments are three popular ways to buy real estate without cash. The balance of the real estate expenses can be financed with credit. 

Cosmic India

Create promissory notes to buy real estate without cash. A certificate of indebtedness could be a loan or promise to pay back the cash.  When the seller requests a down payment or earnest money deposit, pay it in the form of a promissory note. It is not necessary to make the promissory note until after the seller has accepted your offer. Use credit cards, credit lines or home loans to finance the remaining costs of purchasing the property.

Use an option contract to buy real estate without cash. A real estate option contract gives the buyer the option, but not the obligation, to purchase property under the terms of the contract by a specific time. If the buyer does not choose to exercise his option, then the real estate contract will expire. The buyer can sell his rights in the real estate contract to another party for cash. Alternatively, the buyer can schedule a simultaneous closing to purchase the property from the seller and then sell it to a new buyer later on the same day.

Assign your real estate contract to a third party. First, enter into a real estate contract to purchase the property from the seller. Write the term “and/or Assigns” directly behind your name. These three words allow you to easily assign your rights in the contract to an entity or other person who will instead close on the property.

Tags :  Slow market, Little money investment , higher profits with little investments., Cosmic Structures, Cosmic Projects

Read More

Real Estate Investment: A healthy choice

It is common for investors to own multiple pieces of real estate, one of which serves as a primary residence, while the others are used to generate rental income and profits through price appreciation. For many people, real estate is the easiest to understand investment because it is simple, straight-forward and involves a fair exchange between a property owner (the landlord) and the property user (the renter).  As long as the hot water keeps flowing and the rent arrives on time, everyone is happy and benefits.  Investing in real estate is much more complex than this, though, because there are several different types of real estate investments including residential, commercial, and industrial, as well as real estate that trades on stock exchanges, which are called REITs.

Investment in Real Estate

Investment inreal estate has been booming as a top investment phenomenon to multiply the wealth. India Real Estate Investment has proven to be the highest yielding investment opportunity in the recent few years. The realty industry in India is at its zenith and is thereby attracting the maximum investment not just locally but overseas too.

However, there are various factors which initiate the investors to invest in real estate. Most important factors are better return and tax benefits. Real estate sector gives higher attractive returns as compare to the stocks and bonds. Also, one can avail huge tax benefits on investing in real estate. According to the report of the Technical Group on Estimation of Housing Shortage, there is an estimated shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12), which indicates the huge demand for the residential property in future and provides a big investment opportunity for the investors. This is another major reason to invest in this booming industry.

Many Banks and Financial Institutions like HDFC Property Fund, Dewan Housing Finance Limited-DHFL Venture Capital Fund, Kotak Mahindra Realty Fund, Kshitij Venture Capital Fund (A group venture of Pantaloon Retail India Ltd) and India Advantage Fund (ICICI), provide the funds for real estate development to the Builders and Developers for construction of these structures and to the investors. Therefore the funding becomes lot easier. Along with this there is more cash flow and value appreciation in the real estate investment. 
http://www.cosmicindia.in/

The most important factor that has been a major factor for the growth of real estate and investment are the initiatives taken by the government. A major share of the FDI or the foreign direct investments is tailored to the Indian real estate sector these days. The Indian government is also putting in more money in real estate and many old regulations have been fine tuned to attract more money into the sector. The property tax act, the rent control system, land ceiling regulations have also been updated and made more investor friendly for people wanting to put their money into real estate. Along with domestic laws, the foreign exchange regulation act has also been made more liberal to get more people from aboard into Indian real estate buying, selling and investing.

These all factors indicate that real estate sector would be the hottest sector from the investment point of view.
http://www.cosmicindia.in/

Read More