Property Market Forum - Estate Agent Forums


Member Login

Forum Statistics

Forum Advertisers

Forum Affiliates




India property Let us know where we can find the best investment




Reply
Old 7th March 2009, 09:02 AM   #1 (permalink)
 
Status: Junior Member
Join Date: Mar 2009
Posts: 1
Question Three steps to wealth

. Make connections. Jot down ideas. You’ll be surprised how a story on Intel and semi-conductors can be highly relevant to your land lording activities, for example. Read your local paper daily for the local knowledge it can give you, in addition to the other benefits. Read business magazines to stay on top of the national trends, and to learn about the successes and failures of other businesses. They are two cheap, quick ways to keep your finger on the pulse of your local and national economy. Any real CEO would have it no other way.

One of the tried and proven techniques of profiting through real estate investment is a well known three step process. The steps to this simple process are:

STEP 1 – Buying Real Estate in India under the most favorable terms and conditions possible with as much leverage (OPM--other people's money) as you can.

STEP 2 - Fix it up or improve it in some way. This step could involve anything from paint and elbow grease to converting an apartment complex to condominiums or timeshares.

STEP 3 - Sell or finance the real estate in some way to be able to compound profits and find more real estate to follow the same three-step process.

This three-step process can be applied to other forms of real estate investment as well. One of the most profitable of these is in the field of "real estate paper," which includes: contracts, trust deed notes and mortgage notes. What a person buys when they buy real estate "paper" is the right to receive a future income in the form of a series of payments and/or a lump sum payment. Buying paper involves buying the note on a property and having the property as security for the payment of the note. Paper has long been known to be one of the safest, most secure investments available. Now it is taking a whole new change of direction and is becoming one of the most creative and profitable forms of investment.


DaanKrista is offline   Reply With Quote


Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On





All times are GMT +1. The time now is 02:45 PM.
Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0
Copyright ©2000-2010, PropertyMarketForum.com


Nav Item BG