Really Good Real Estate Investment Ideas And Advice For Fraser Residence Promenade

You are here because you are considering getting started as a real estate investor. You’re probably also thinking that it seems rather overwhelming when you look at the whole picture. Well, never fear because you’re about to learn a few things, and the more you know the easier everything will seem.

Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor.

Location is critical in terms of successful real estate investing. Some other factors like property conditions are able to be changed. Properties located in depreciating areas aren’t going to turn out well for you. When you’re trying to buy real estate you’re going to want to make sure you look into the area and what the value of the properties are.

When deciding to buy a property or not, consider how appealing it will or will not be to prospective tenants. No property is worth your money if you won’t be able to sell or rent it, so consider the purchaser’s perspective. How soon can you sell? How high will your profits be? These are all things to consider from the buyer’s point of view before you buy.

Fraser Residence Promenade River Valley at Jiak Kim Street Developer Frasers Centrepoint Limited

If you are a real estate investor, you could even consider new launch project since they are relatively new, they will attract new pool of tenants so you can start to collect rental as soon as the project is ready for occupation. Take for example, Frasers Centrepoint now known as Fraser Property, they are going to launch Fraser Residence Promenade very soon in 2019. Check it out on their website https://www.fraserresidencepromenade.com

If you are already a homeowner or have experience as one, consider starting your real estate investment efforts with residential properties. This arena is already something you know about, and you can start good investment habits. Once you are comfortably making safe money here you can move on to the slightly different world of commercial real estate investment.

Never invest too much money in the beginning as this can cause a lot of problems down the road. Overextending yourself can lead to problems with your savings plans and prevent you from buying great properties in the near future. Develop the proper budget and follow it to a tee.

Make sure to research prospective neighborhoods prior to investing. A desirable neighborhood will usually keep its value, while an area that is depressed is not likely to give you a good return. A property’s value is very important, but the location can often be even more important.

Be wary of any prospective tenant who tries to negotiate the rent. While he or she may just be a savvy businessperson, they could also be in a financial bind. Ask a few more questions and be careful about signing a contract with them. You may find yourself constantly fighting to get your monthly payment on time.

Don’t just go with the very first piece of property you come across when you’re looking for real estate to put your money into. A lot of the time you will find that there are better deals if you look hard for them. You don’t want to end up with something only to find a better deal after spending all your money on something else.

Sure you could diversify your portfolio with real estate around the county, but why not look farther afield? What about the next county, state or even abroad? Since you know your area well, it is best to look for opportunities there. You should at least start there.

Study any neighborhood where you’re thinking about buying property. The property itself is important, but the location can be even more important. And you must know what the zoning laws are if you plan to use the investment location as a business. Talking to residents can help you get a handle on the conditions of the neighborhood.

Look at a few business properties. Business properties provide a potential for rentals that are long term and quite lucrative. A strip mall, for example, may increase your capital gains tenfold.

The best real estate investment you can make is purchasing and renting out one bedroom condos. Most people that are in the market for a rental property are single may they be young singles, divorced middle-agers or older widowed people. It is not only the easiest property to rent, but also the simplest to manage.

Reputation is important in the investing world. Therefore, always tell the truth and try not to make any enemies. Most importantly, follow through on what you say you are going to do. If you are not sure if you can do something, do not make the claim in the first place. Your reputation could suffer and affect your business as a result.

Understand that real estate investing is a commitment. You may have heard a lot about flipping properties quickly for profit, but the reality is you are more likely to make good profits by purchasing carefully and managing the property wisely until property values increase. Purchase a property that will attract solid tenants for steady, ongoing income.

Are property values on the rise in the area? Has there been a lot of vacancies in areas that have a lot of rentals? Knowing two key questions is essential when starting out in real estate investing. You will want to know exactly how you are attaining your profits.

Don’t invest in properties you don’t like. Only purchase properties that you like and will enjoy owning. Of course, it should be a good investment on paper and in reality; however, you should not purchase a property that you dislike simply because the numbers are good. You are sure to have a bad experience and be unhappy with it.

Always be prepared to calculate before you make an investment in real estate. Calculate your lending costs, any repairs and updating that may need to be done as well as how long you might be left holding the property. While the selling price may look good, there are numerous other factors to consider before buying.

How does it feel knowing you’re getting serious about investing in real estate? You never know, you might just be the next Donald Trump. Of course, make the investment decisions that are right for you, and always be aware of the risk and reward. You are going to do just fine.

Posted in Buy

Hundred Palms Residences EC Set to Impress!

Hundred Palms Residences EC is a 99-year leasehold site that is situated in the Northern Area of Singapore, along Yio Chu Kang road. Hougang Avenue 9 border near Yio Chu Kang Road. Urban Redevelopment Authority (URA) had established the tender in the second half of 2015 with the Government Land Sales program. Hoi Hup Realty subsequently wins the site.

Experts noted that the excitement in this site is due to its location, due to the reason the past executive condominium was started decades past and it is within one kilometre to the popular Rosyth School. The competition has seemingly been intensified due to the simplicity with which residents will likely have the capacity to get the development.
Additionally, various facilities and amenities are within easy reach. The site should be especially of interest to parents thanks to the hassle-free place of reputed institutions in the environment.

Ask Propnex CEO Ismail Gafoor – How does the impending increase in income ceiling affects the buying of EC?

What lies in front for prospective buyers?

Future residents of Hundred Palms Residences EC will be well fulfilled by ease of Buangkok Hougang & Kovan MRT Station being in close distance, enabling residence to travel without much hassle to all parts of Singapore. Driving to the Central Business District (CBD) would certainly not be a problem as it is just 15 mins away. With the Central Expressway (CTE) within close space, residents of Hundred Palms Homes can handily drive to Orchard Road Shopping Belt or to different areas of Singapore.

Residents with children are able to send them to school with little effort at Hundred Palms and the well-known Rosyth School is conveniently located within 1km to this Hoi Hup EC.
Hundred Palms Homes showflat will be located on genuine site along Yio Chu Kang Road.

Once completion, this executive condominium is specific to get several details and facilities which are capable of uplifting the lifestyle to be enjoyed by the residents. On the other hand, it’ll definitely be feasible for the homeowners of to go out as well as enjoy a vast collection of amenities at the nearby location.
Hundred Palms is situated to quite a few facilities and superb comforts. This aspect of the site was one of the factors for the increased interest during the bidding period, as stated earlier.

Star highlights of this Yio Chu Kang EC

  • A One-stop community club with hawker centre, a health-care facility and an arts centre, situated at Hougang Avenue 9
  • Lots of retail conveniences at Hougang Central Kovan, Hougang Avenue 7, Buangkok Drive and Jalan Pelikal
  • An enlarged Punggol Park
  • An extended park connector at Hougang Avenue 3 to link up with the Pelton Canal park connector.
  • New interim sports facilities at the Jalan Kayu Sports Hub at Buangkok Crescent

 

Posted in Buy