Wednesday, 25 January 2012
Acquiring good investments is a great desire in people who save money. Unfortunately many Zimbabweans are unable to invest in these because of funds that are below the minimum required. Its therefore a pity that many holders of small savings end up losing capital as they purchase items that are more of consumables than assets.
Real estate is a genuinely great area for investing into which people the world over put surplus cash and then lock up capital for a lifetime. Small players should therefore take advantage of it. It is however unfortunate that these days many small savings holders are buying cheap motor vehicles of Asian origin. Despite the fact that these immediately begin to depreciate the moment they leave the showroom, their prices are falling also because they have flooded the market. But real estate on its side is in a situation made of many positive factors. Official records that state that there is a backlog of at least one million housing units bear testimony to this inference. Real estate can bring in rental income of about ten percent per annum. It is also true that the stars of this game like Robert Kiyosaki and Mukesh Ambami are making more than ten percent in few months through property development.
Sunday, 15 January 2012
How is property value created? What is the art of creating value? This is a way of creating selling points at the property and the location of a property and being able to skillfully sell these in the market. Through the efforts of a capable negotiator the selling points should be made to appeal to the prospective buyers’ five senses so that they have favourable perception of the property. Sprucing up the image of a property should target these five senses because they are the avenues through which information is gathered and this information is used to make important decisions.
Some people may never want to hear anything about estate agents because they have been victimized or probably know of a close friend who was victimized by purported agents. This fear though justifiable can however overshadow the positive role that is played by professional brokers. There is also a risk that emanates from venturing without guidance into an area that have many technicalities. When many pitfalls in the form of technicalities lie along the way, getting expert help can show the real meaning of saving money.
REAL ESTATE being a vehicle that elevated moguls like Donald and Ivana Trump is probably one of the top investments you might have always desired. About real estate Ivana herself once said, “I have made a tremendous amount of money on real estate rather than go to Wall Street and get 2.8%. Forget about it.”To Trump and indeed many other people real estate is a befitting reward for their insatiable appetite for success and a durable souvenir after a lifetime of tireless hard work.
Real estate answers your physiological as well as your social and self esteem needs. For example when the first house is bought a lot of things begin to happen for the family. The parents will have this huge feeling of achievement accompanied by a great relief from paying rent. The little ones will have more space within which to perform and cause a few problems. In fact the family is free and happy.