Author Archives: Barbara

Being A Good Landlord Is Harder Than It May Appear

Ready for Real Estate

When buying a house or apartment with the intention of letting it out to tenants, you may well have in mind one thing only – that day every month when the money transfers into your account and, for the privilege of letting people live in a property you own, you make a profit. However, if you are the landlord of a rented property, life is very rarely that simple. It is not necessarily a bad life at all, but it pays to be realistic at these times. […]

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Buying To Rent – How To Make Sure It Works

Ready for Real Estate

One of the most popular ways of making money in the past few decades has been the boom in buying houses in order to then let them to tenants. Some investors do this by purchasing a house and then redeveloping it into apartments. Others simply buy the house and then let it exactly as it is or with minor renovations. Either way, it is something that a lot of people have chosen to do, and it can be profitable. Think about it this way – when you […]

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The Dos and Don’ts Of Renovation

Ready for Real Estate

It is important when renovating a house to bear in mind that there is a big difference between a loose plan and a final certainty. You may have ideas about what the house is going to look like and how much money it is going to make you, but those ideas can only become reality with a lot of work. Don’t get carried away by the seemingly foolproof nature of your plans. You should always make sure that you “comparison shop” every decision you make. You may […]

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Time Doesn’t Stop When You’re Renovating

Real Estate Information

When you buy a house for the purposes of renovating it, there may well be a simple equation in your head. Money spent on buying house + money spent renovating = total spend. Resale price – total spend = profit. Simple! Isn’t it? Well, maybe not. You see, on top of this you do need to consider what else is going on while you are renovating. Renovating a house is not something you can do in “dead time”, so you also have to look at how you […]

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Pouring Your Money Into A Black Hole

Real Estate Information

The “fixer-upper” is a grand tradition of real estate. Many houses go on the market needing some work before they are truly habitable. Whether your intention is to live in the house or to fix it up and sell it on for a profit, you will need to do some work one way or the other – and because of the work involved, often these houses are available for a bargain price. However, it should be noted that not every house that is available for a low […]

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One Man’s Misfortune Is Another Man’s Opportunity

Real Estate Information

If you were offered a deal that sounded as though it was unbeatable, and it turned out that there was no risk involved for you, you’d surely take it, wouldn’t you? Most of us, if not all, would. But then throw this variable into the equation: You can only have this deal by taking advantage of the fact that a couple with three children are divorcing after one of the parents lost their job. They will sell for just over half of what they paid for the […]

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The Wrong Side Of The Tracks

General Real Estate Tips

Most of us have heard someone – often our parents, but probably more often a character in a TV show – describing another individual as being “from the wrong side of the tracks”. It is one we hear, and repeat, without necessarily giving any thought to what it means. We as humans, have a tendency to do that – but what does it mean? Well, to make a long story short, it was realized some time ago that people who could afford to choose where they lived […]

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Location, Location, Location!

General Real Estate Tips

There is a common mantra among real estate professionals and investors which is simply the word “location” repeated three times. The thinking behind this is that, when it comes to making money in the world of real estate, the most important thing is where the property is located. The second most important thing is, also, where the property is located. This is also the third most important thing. Essentially, location is important when it comes to making a success of real estate investments. Of course, most people […]

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You Can Do It Right, Or Cheap, Or Quickly

General Real Estate Tips

The importance of turning a maximum profit in a minimum time frame is as important in real estate as it is in just about any other sector of the business world. And of course, when you create a profit margin this makes for three immediate variables. ow quickly can you do something, how much must you spend and how few mistakes can you make while doing it? The introduction of these variable factors can make it very difficult to carry out the perfect real estate development. If […]

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Spreading Your Wings – Buying Real Estate Overseas

General Real Estate Tips

For the ambitious real estate investor, one of the most interesting ventures can be the purchase of an overseas property. There are many of us who would like to one day retire overseas, and even quite a few of us who would like to move abroad while we are still some way away from retiring. If we are adaptable individuals, perhaps with one or two foreign languages in our lexicon, we can often find that the challenge of living and doing business overseas can be an enjoyable […]

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