Making a Profit on Real Estate Investments
Real estate investing is among the most interesting and lucrative business practices out there. Investing in real estate is exciting, and if you make the right choices you are almost guaranteed to make a profit. After all, the price of houses keeps going up and up, as does commercial real estate. Don’t get me wrong real estate investments are not a sure thing. There is no such thing as a sure investment, and anyone who tells you different is not giving you the whole story. Nonetheless, it is one of the surest things out there.
I first got involved in real estate investing accidentally. I was renting a warehouse with some friends when the landlord suddenly decided he wanted to sell it. It wasn’t making enough from rent, and he had some bad debts that he wanted to settle. He gave us the option of buying it from him, and we decided that that was just the thing to do. It was hard to get together money for a down payment, but once we did, we never regretted it. Although the area was depressed at the time, there was an urban renewal program that was bringing more money into the city. Soon, our warehouse artists space was worth a fortune.
My friends wanted to stay there, but after a couple of years I get sick of living there. I decided to sell my share in the place and invest my money somewhere else. One of the first things that occurred to me, of course, was more real estate investing. After all, I had been so successful with that project that I thought I might as well continue in a similar vein. I invested in new construction downtown, buying a small share in a large commercial space. It cost me a lot of money, but I was getting checks from them every month. I knew that, within a year, it would pay off. Sure enough, it did.
One of the things that people don’t realize about real estate investing is that you don’t necessarily have to buy a whole property to invest money in real estate. Often, you can buy a small share in a property and get a portion of the returns. As a matter of fact, this is often the best way of investing. You are less responsible for the property than if you were a landlord, and it doesn’t take a lot of money to buy in. You can also diversify your portfolio, buying a piece of a lot of different properties in different areas.
Article by Chris Bradley, you can learn more about him at his profile
Mumbai & Panvel property are the most attractive India investment property destinations!
Why is India investment property so attractive? Of all the talked about and said to be strongest future economic powers which include Brazil, Russia and China, only India is set to sustain strong and high growth into the later half of this century with its economy expected to be bigger than Japan by 2023 and by 2042 even bigger than America.
India’s largest cities New Delhi and Mumbai, will be the world’s secong and third most populated by 2015 and therefore will see huge increases and amounts of retail sales potential.
The government in India has taken extensive steps to help and encourage the growth of the economy. Some of the iniatives taken to encourage and enhance domestic demand over the last decade are -
1. Regulation Reforms spuring economic growth.
2. Investor confidence is high encouraging Foreign Direct. Investment (FDI) in all sectors
3. Consumerism encouraged to boost domestic demand
4. The investment and trade economy has been opened up
5. Less bureaucracy and dismantled controls
6. Inverstment from the private sector is actively encouraged thereby helping to reduce public sector monopolies.
Economy growth:
India is the 7th biggest global economy in terms of Gross 9.40% Domestic Product (GDP) and has increased around 8% a year for the past 3 years. The World Bank forecasts growth of India’s economy in the next financial year is at 5.8% while the global economy is expected to be only 0.9%.
The growth of Indias economy is being spurred on by continued performance of services sector. Growth in industrial production is expected to be up 10%, up from 8.3% in 2007, with the market for food in India grow 2 fold by the year 2025 revenues expected to increase to US$5.37bn in the next 4yrs from US$1.6bn in 2008.
Real estate Investment Hotspots
These Strong economic indicators are helping to make more attractive the property investment market in India, some of the most current popular investments include Mumbai property and the surrounding areas like Panvel.
Known as Bombay before, it is the capital of Maharashtra and is known as the commercial capital of India. Originally a set of islands the city has emerged into an exciting business hub, housing corporate headquarters of many Indian companies and as such is a hot spot for Mumbai property investors.
Panvel property is also very popular as the city is in the Raigad district in the Indian state of Maharashtra and is a gateway of Konkan region.
Panvel is also only of 20 km from Mumbai and 15 km from Karjat and with its strategic location advantage and infrastructure growth plans is set to emerge as a key satellite township to Mumbai and therefore a thriving property investment market.
Philippines Property Investment – Economic Growth Continues
The current global economy is in a less favourable condition. Those with money invested in many traditional industries and companies have seen significant losses lately, and are looking for a safer place to invest their money. Many investors are considering real estate as a viable option, but the question is where? Taking a look at some of the quiet but strongly growing economies of the world can reveal some unlikely options for making significant profits. Philippines property investment is one of the options that many overseas investors are paying considerable attention to, as the country is seeing large, sustained growth in both its tourism industry and economic strength.
Named one of the world’s next 11 countries with the highest economic potential, the Philippines are quickly emerging as one of the hottest places to invest where clever investors will begin looking to make a Philippines property investment soon, before the rest of the world takes notice. As with many investments, people who get involved first to see what are slated to be significant returns on their investment. The agriculture and industry, such as textiles, automobile parts, electronics and food processing are very important parts of the Philippine economy however tourist is also very important and as such has seen a sustained growth over the past decade, with billions of US dollars of net income coming into the country for both international and domestic tourists.
While most of the traditional industrial production takes place in and around the urban centers of the country’s capital, Manila, the city of Cebu, a metropolitan hot spot, is quickly becoming an attraction for foreign and local investors looking to get involved with Philippines properties in recent dates. Consisting mainly of Cebu Island and some smaller outlying islands, Cebu is a Philippine province is known for all of the things a vacationer thinks of when you say “Tropical Island.” With limestone plateaus, beautiful coastlines, and coastal plains, with crystal clear waters and pristine beaches, Cebu is also one of the most progressively developed of the Philippine islands, boasting casinos, five-star hotels, world-class golf courses, conference centers, and shopping malls, in addition to the magnificent scenery. Therefore Cebu property is emerging as the main Philippine property investment hotspot.
The outlook for Philippines property investment is very positive and clever investors will receive excellent ROI. We recommend that you contact a specialist overseas property investment agent like Experience International for help and advice about this emerging market.
Why Is The Woolston Hotel a Good Investment?
The premier luxury Woolston Hotel which is being built in Bradford to satisfy the demand for luxury accommodation and will enable investors to benefit from the booming local economy, regeneration and good exposure that Bradford is seeing. The Woolston is set to emerge as the best hotel in Bradford.
Why Bradford City
Undergoing regenerated the city has emerged as a successful destination for enterprise and business and well as leisure. A range of businesses have already set up offices in Bradford before the regeneration even began.
Bradford is perfectly situated in the middle of England and has excellent infrastructure and communications links to the whole of the UK.
Bradford has a skilled workforce which has attracted leading companies have set up shop in the area including hallmark Cards, the Yorkshire Building Society and Morrisons to name a few.
Economy
Bradford’s economy is the 3rd biggest contributor in the regioncontributing 7Billion and is also estimated to grow at a rapid rate by creating some 50,000 new jobs over the next 10 years.
Major Events
Bradford is home to some major events which will have a very positive effect on the economy and help create further media and positive expose for the city. Some of the events are;
– Illuminate
– Bollywood Fringe
– The Bradford International Market
– Bradford Mela
– Bingley Music Live
These events helped to attract 5 million visitors and generated some sixteen million pounds over £16 million of economic activity in 2006/07, and this will have a good impact on the success of The Woolston.
Hotels
Currently Bradford has a low supply of hotels and especially the luxurious accommodation of which The Woolston will provide.
“Only 12 hotels within 3 miles of Bradford are listed by The English Tourism website. The same search in Leeds brings up 37 hotels, while Manchester offers 63 and York over 100.”
The Woolston Hotel
As mentioned The Woolston will offer the height of luxury city centre accommodation.
The Hotel is being built next to the stylish warehouse mill conversion, Woolston Warehouses and will be arranged over 6 floors.
Accommodation at The Woolston
The hotel will consist of 145 rooms in total.
130 of the rooms will be luxury double rooms with wet bar, state of the art multi-media, work station and luxurious bathroom suites.
The other 15 rooms will offer the height of luxury and are to be. penthouses which will match the art-deco design, style and feel offered by the Cognac bar, the penthouses will feature terracing and balconies with views of Bradford city.
The Woolston will also have 3 high spec multi-media business and meeting rooms.
THE HOTEL BAR & THE COGNAC
The Cognac Bar
on the top floor, penthouse level and will be stylishly designed in an art deco interior with luxury provide superb views over the city.
The Hotel Bar
Located on the ground floor you will find a luxury bar and bistro.
The Woolston Gym
Located beneath the stunning Woolston Warehouse the gym will be set out over two floors and will offer state of the art fitness facilities to The Woolston Guests, Woolston Warehouse residents and a select membership.
The Woolston – Excellent Spa Leisure Pool
You will find the best Spa and leisure pool out of any other hotel in Bradford with excellent Jacuzzi and Sauna facilities.
The Shearlings Restaurant
This premier restaurant will be situated on the ground floor and will offer top quality cuisine as well as the every day foods guest will require for example traditional full English breakfast options. Additionally keeping with the tradition of the building the restaurant will offer a specialist lamb menu which will use local produce and offer seasonal recipes such as braised lamb shank, Moussaka and the traditional roast rack of lamb. The Shearling Restaurant will become a dining venue in its own right.
It is easy to see The Woolston is going to be a luxurious place to stay and is positioned to become a key part of Bradford city.
The BBC property boom
The BBC boom Property in Salford is hot property; if you’ve got a house nearby then I wouldn’t recommend selling it any time soon. With BBC’s media city is going to hit Salford at sometime in 2012 there will be an influx of London media types hitting the shores of Salford, all clambering for a slice of the Northern landscape. Not only that, but the moment those savy workers hit the streets of Manchester there will be a wave of people catering to those tastes. Restaurants, bars, pubs, clubs, food outlets, shops and stores will all become increasingly hot slices of the northern social scene, so if you are lucky enough to live in those areas take our advice and start thinking long term.
If you are considering selling your property in Salford give yourself time to think over the ups and downs of the current housing market, would it be better to wait and see what the property market is going to do? In a few years time when the housing market recovers, your property could be worth significantly more than it currently is.
A good think to do is make sure you’re aware of how much your house is currently worth, so look up a Manchester estate agent and get your house valued. Granted they may not have the best reputation but its important you have a good handle on how much your house is worth. If the valuation is not to your liking, always get a second opinion.
It’s not just property in Salford that’s set to increase in value, the surrounding areas could also see a boost in sales too. Property in Old Trafford is probably worth holding on to, as is property in Swinton, Irlam and Eccles so if you are looking to sell, don’t rush into anything just ye