Pros and Cons of Becoming a Hard Money Investor

Hard money loans range from anywhere to $20,000 to $150,000, or more, depending on the lender’s funds. Most loans also cap at 3-5 years although you’ll be able to find some who offer options for longer terms or for subsequent payments. Loans also differ. You’ll find a variety from commercial to rehab to so-called Social Lending and personal business. These are the most common.

Hard money loans are also called ‘bridge’, ‘rehab direct loans’ or ‘personal’ since the hard money lender provides you money that bridges your need, be it for fixing or for buying a home (or related emergencies) and he or she loans from his own pocket. The advantages of the hard money scenario are that the process is flexible, smooth and fast. Lenders set their own terms and schedules that are usually adjusted to suit you. Meager paperwork is filled out and the whole occurs within as little as 7-10 days. Disadvantages largely consist of the high rate of interest and the low loan to value ratio. Hard money lenders need to be certified by organizations such as the American Association of Private Lenders (AAPL), through their state regulatory agency and through the National

Reasons to Invest in Eco Friendly Properties

Eco-friendly homes use natural materials during construction

There are many choices of eco-friendly construction materials. They range from recycled wood, half-raw and half-recycled, and those made from dirt, straw, and clay. According to experts, materials of these made contribute less to the greenhouse effect. They trap less of harmful gases while allowing for a freer entry of natural light and air in and out of the house.

Overall, environment-friendly homes are known to exhibit better indoor environment quality. Improved lighting conditions, better air quality, and natural thermal conditions are some of the natural benefits one can get when buying eco-homes.

Eco-friendly homes are also health-friendly

The natural materials used in eco-homes are also health-friendly. This is very beneficial to individuals with health conditions like asthma and other respiratory problems. There have been several studies linking the use of eco-friendly materials in home construction. Significant changes on health conditions were exhibited by individuals who are known asthma patients.

Further studies revealed that the more natural materials used in them help facilitate the flow of cleaner air inside homes. They are also less likely to contain plastic by-products which release toxic substances. These substances are

Property Valuation Report

  • Full-Colored Property Snapshots: Valuers use professional photographers to take definite shots of the property in question from every angle possible. This leaves no doubt on what it involves and allows the buyers to understand thoroughly what they are getting into with their chosen real estate.
  • A Comprehensive Features List: To give the buyers a good idea of a property, valuers must provide an in-depth list of features involved. Thus, the buyers will know whether they are getting exactly what they want, or it is going to be a bad investment.
  • A Comprehensive List of Sales: A property can change hands any number of times and it may lead to remodeling or renovations, which may eventually add to or lower its value. Valuation report must contain a comprehensive list of every transaction related to the property.
  • Property Legal Identification: It is necessary to include legal identification in the valuation report. This includes registered deed and certificate of property ownership from the authorities. It solidifies the ownership of the property and does away with all future disputes and legal complications.
  • Surrounding Development Details: Details about the area’s development surrounding the property is another important factor, which every valuation report includes. Buyers

Impacts of Rent Control on Apartment Buildings

Advocating rent control ignores the basic economic laws that govern housing markets. Rental property that is privately developed, owned, and operated is treated as a public utility. That philosophy harms not only the providers of housing but the consumers it was intended to serve.

Rent serves two functions in the efficient housing market operation. It compensates existing housing unit providers and new unit developers for the cost incurred to provide shelter to the consumers. Rent also provides economic incentives that attract new rental housing investment. Housing is like other commodities. The supply is related to the market price that prevails.

Providing economic incentives is particularly important in the evaluation of rent control economic implications. When the market is not regulated, rents rise as consumers compete for units that are available. The higher rent encourages new investment in housing rentals. Buildings are constructed, rehabilitated, and converted from nonresidential to residential until there is an elimination of the housing shortage.

Without rent increases, new investment is not attractive. Housing construction is sharply limited. There is no long-term housing shortage solution. When rents fall, the market receives a message that new investments have no room to succeed. Artificially

Private Money And Lenders

What is a Private Money Lender?

By definition, a private lender is considered as a non-institutional person or company that loans money. The funds normally are secured by a deed of trust and note. Raising equity capital from private money lenders can take both time and luck in finding the right connections.

How to Find a Private Money Lender

Finding real estate deals can often be easier than sourcing the money to fund it. Private lenders can take on a variety of forms. One way to find a private lender is to work your primary circle. You can think of this circle as encompassing your family, friends, co-workers and neighbors. It’s not uncommon for many real estate investors to turn to this source first for funding assistance. The flip side of borrowing money from this group is that some strings are still attached. If the deal goes sour, then you will more than likely still have the person in your life. The worst thing to do is borrow money from someone that really can’t afford to lose it in an investment. Many times in the real estate business we see family and friends assist with

Choose a Commercial Real Estate Broker

You should start by asking specific question of people who recommend a particular broker to you. For example, the person who sold you your home or your lender or perhaps other mortgage brokers who you trust.

A terrific question to ask is regarding the broker’s strong points. You may have particular aspects of space-hunting that is of paramount importance to you. Therefore, knowing this broker’s best traits can be an important part of finding this out. For instance, maybe you would like a broker that uses his or her imagination and can give you creative ideas on how to adapt a specific space to your highly special needs.

Another good question to ask is exactly the opposite: what were this broker’s weak points? Even brokers who have stellar reputations usually have some weak points or a few bumps in the road in other working relationships. Find out what these are for this recommended broker. It could be something simple like: he or she does not return phone calls or respond to emails very quickly. This is information you really should know up front. Maybe that flaw is something you cannot work with.

Most importantly; you

Apartment Owner’s Association

The Formation of a Society for an Apartment

An apartment society is typically comprised of seven members and is governed by a memorandum that states the names, objectives, addresses as well as professions of the members involved. The committee has a set of rules and by-laws governing how the affairs are regulated in the premises of the apartment. These are compiled by the Registrar of Societies and a member of the committee, and registered if they are in compliance with the legal requirements.

Amendments to the Memorandum and Name of the Society

In the case that the name of a society is the same as that of another society, the memorandum and other documents are changed according to a specialised resolution. This will leave societal affairs and other matters unaffected, as the alteration will only occur for the name. Amendments to the by-laws can only be made with approval by the Registrar, if he finds that the amendments are acceptable and for the purpose of bettering the administration.

Common Areas and Facilities in the Memorandum

The columns, foundations, beams, girders, roofs, main walls, lobbies, halls, corridors, terrace, stairways, fire escapes, compound walls, sumps,

Luxury Villas in Tuscany

Why You Need a Real Estate Agent

Italy is dotted with hidden properties for sale. These secret villas and holiday country houses are often not listed publicly and are only available via luxury real estate agents specialising in helping foreigners find their dream Italian estate. A great real estate agent can show you properties located in ravishing country settings, among Tuscan hills, or on stunning cliffs. Whether you’re looking to buy a historic Italian villa, a property with an outstanding garden, a house with a panoramic private swimming pool, or other precious property, a luxury real estate agent can show you exclusive listings around the country.

Things are Looking Up

Now is the best time to get into the Italian property market. The country’s property scene is improving, with sales in major cities continuing to rise according to ANSA. In Florence, residential property sales as a whole increased by 23%. Rome saw an 11.8% increase, and in the third quarter of 2014, Genoa, Palermo, and Naples each saw a 7% to 10% increase in the properties activity. According to Agenzia Entrate, the volume property transactions across Italy rose by 3.6% in the last quarter of

Benefits of Investment Groups

One of the options they have is with investing in a real estate investment group. This type of investing fits in perfectly with the kind of scheme they are looking for. When people buy flats as a group they are primarily looking for a place where they can live with their family and friends. They want to be surrounded by those they know and love. This is also a good idea for people who want to own some property but do not want all the legal, economic, and emotional hassles of being a landlord.

These investment groups build flats or a group of homes or condos. They build them all close together and in a small vicinity to each other. There are other groups where the company buys a set of flats or homes. Then they allow the investors to buy the property through the company that makes them the owner of a flat or if they want more than one they can even invest in a set of flats.

The owners do not have to look after the flats or condos or homes. The company will do it for them. The company will take care

Finding Apartments For Sale

  1. Know what you need now and in the future from your property. Many people overlook this obvious fact but it is extremely important to buy with your future in mind. If you are planning on starting a family for example, it does not make sense to buy a one bedroom apartment.
  2. Know how much you can afford to spend on a property. If you think your budget is larger than it really is, it could result in a foreclosure in a few years amongst other financial problems such as: mortgage repayments, general maintenance expenses and rates. When you know what kind of apartment you can afford from the start, it helps ease disappointment. There will always be a bigger and better apartment, regardless of how much money you have. When you stick to your budget and look at real estate within your price range, you can help avoid any room for disappointment.
  3. Know the Auckland area(s) you would like to buy/live in. You can then assess whether you are willing to pay the asking price for an apartment for sale in these areas. There might be some really great venues or entertainment opportunities in the