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People becoming landlords in a fortnight is a myth, smart investing and a quick decision-making can land you in a better position in life<br>As the saying goes u201c The best investment on earth is Earthu201d<br>Best builders in bangalore say this too<br>One should invest in multiple properties to get rich. It doesn't need a bank account full of money, it only requires a mind full of thoughts.<br>In this post i discussed the 5 golden ways to shift you from the status of homeowner to landlord without drilling holes into your pockets.<br>
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SECRETS OF OWNINGMULTIPLE PROPERTIES WITH LIMITEDMONEY Prepared by PrawinKumar
OUTLINE OFTOPIC People becoming landlords in a fortnight is a myth, smart investing and a quick decision-making can land you in a better position in life As the saying goes “ The best investment on earth is Earth” Best builders in bangalore say this too One should invest in multiple properties to get rich. It doesn't need a bank account full of money, it only requires a mind full of thoughts. In this post i discussed the 5 golden ways to shift you from the status of homeowner to landlord without drilling holes into your pockets.
DO YOUR MARKET RESEARCH Market researchcanunveil manyfactsaboutpropertyvaluation location advantages, future prospects etc getting a property belowmarketvaluationnowcanbeaproductivedecisioninthe future.Stayinguptodatewiththelocalnewscanhelpyoutake a better decision. There might be a new airport coming in the vicinity,ormightbeanupcomingmetro,orthepropertydoesn't gowiththerulesoflaw.Stayupdated!!Grabtheopportunity.
PONDERTHIS A study of economicsusually reveals that the best timeto buy anything was lastyear.
BUY A DISTRESSED OR POORCONDITIONED PROPERTY LONG-TERMBENEFITS A Distressed property is the property which comesunderabankorfinancialbodyfornon payment of mortgage/loan. These properties canbeboughtthroughtheliveauction,itmay be profitablemostof the times.Because the bankneedsquickmoney.
GET EVERYTHING RE- EVALUATED A TIME TO TIME EVALUATION OFYOUR PROPERTY CAN GIVE YOU A GOOD IDEA OF THE WORTH OF THE PROPERTY, BY THIS YOU CAN REASSESS OF GETTING A LOAN ON THE PROPERTY AND MAY FETCH YOU GOODRATE.
STAY UPDATED WITH THE LOCALITYNEWS Thelocalityofyourpropertytobe consideredmight be goingintosome landprocurementbyGovt.oritmight becomingintoaspecialeconomic zonethereare2sidestoaknife. Stayinguptodatewiththelocality newswilllandyouonagolden opportunity
PREFER INTEREST ONLYLOANS AN INTEREST ONLY LOAN IS A LOAN WHICH CAN BE TAKEN TO REPAY IN CERTAIN PERIOD OF TIME AND ASKS ONLY INTEREST IN THE MEANTIME. TAKING THESE KIND OF LOANS CAN BE POCKET FRIENDLY ON THE EXPENSES.AND CAN BE REPAIDONCE YOUR PROPERTY GETS A GOOD VALUE. CHOOSE A KHATHA PROPERTIESLIKE APARTMENTS IN MYSORE ROAD WHICH HAS AN APPROVED FINANCE NUMBER OR CODE (APF) WHICH MAKES IT LOANREADY.
AllSaidanddonethesearethesmartwaysthatworkforareal estatebuyingandowingmultiplepropertiesatsametime,are theyexecutableoroverthetop,doyouhaveanyotherideas, pleaseshareyourfeedback. THANKYOU!