David John Hall || Good Time to Invest in Real Estate?
David John Hall famous
builder and online blogger for real estate updates and tips.
Many investors consider
buying property as a safe bet. The real estate market, however, is speculative
like many other markets and involves both boom and bear periods. While many
investors made money during the right period, others made a decent return over
a long term or exited the sector during the correction phase. The residential
sector is still in a price discovery phase and one cannot expect huge returns
as they did in the past.
So you have to time your property
investments like you time your share market investments. Timing your property
investments is an art. You get to learn this art by spending more time
observing and understanding the market.
For Example:
- The importance of keeping your eyes fixed on domestic as well as international political events. As for reasons, their outcome affects your ROI.
- The importance of financial decisions taken by the government and financial institutions.
- Changes in rules and regulations related to loans, mortgage and tax on income from property investments etc.
- The time when the value of your currency is falling or increasing in international market.
Ask the expert:
Speaking to a consultant
like David John hall could give you the peace of mind, confidence, and guidance
you need to make the right decision regarding a property investment. David runs
a blog that's full of excellent advice for investors, and you can also set up
an appointment for a personal consultation if you wish.
Ask the right questions
Once you've expanded your
knowledge by speaking to an expert, you'll be able to start thinking about the
questions you need to ask before you rush into spending any money. For
instance, some of the issues you'll need to think about include:
- Is the property located in an area that's likely to attract a high number of regular tenants?
- Are there any planning or development proposals in place that would have a positive or negative impact on tenant demand?
- Do you know what kind of commercial property you want to invest in? The main sectors include retail, industrial warehouses, medical premises, and leisure centres, for instance
- What kind of properties are you looking at in terms of structure? Are they modern or traditional? How will they appeal to potential tenants?
- Is the accommodation you're thinking of buying "future-proof" or does it run the risk of becoming obsolete in the years to come?
As investing in a home is a
deal of a life-time, one should buy property in branded real estate projects
and keep an eye on the prices while entering and exiting the market. The
developer's compliance with RERA is another important factor to look for.
Well to round of always
time your property investments as per the outcomes of domestic and
international political events as well the financial decisions made by your
government and latest market happenings.
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