Real Estate and Real Estate Services in Virginia Water

Virginia Water is a small village in Surrey England, which is named after a beautiful lake. The town has many royal parks and golf clubs in close proximity, and they make this town an attractive place for the tourists.

Virginia Water is in commuting distance from London as well as Oxford and the South Coast. Along with the tourists, this small town is also very popular for people who like to spend their life in a peaceful environment.

The properties in the area range from well looked after little apartments to semi detached and end-terrace houses; all the way up to beautiful multi million mansions.

To help people to find the right property for rent or for sale, there are a number real agents in Virginia Water. These property experts strive to make the whole process of buying, selling or rentals easy for the parties.

The real estate professional services usually centre around 3 key offers:

sales,
lettings,
and property management.

The sales service of the estate agents focuses on, unsurprisingly, on the sales process of the properties. In the Virginia Water area, the agents tend only charge the vendor for the sales commission.

The letting service is centred around the real estate rentals. The professionals tend to get their main fee from the owners (or otherwise known as the landlords).

Lastly, the management service is simply looking after the properties or apartment blocks on behalf of the owners and taking on the maintenance tasks.

In order to select the right real agents in Virginia Water, people should follow simple tips and rules. Firstly, before hiring real agents in Virginia Water, they should be interviewed by the buyer, sellers or the landlords.

People should inquire about the qualification of the agents, along with their experience and competency. Knowledge about the experience and competency of the real agents in Virginia Water will help in selecting the best agent in the market. Along with educational and professional experience, agents should also be assessed based on their knowledge of the market.

Moreover, the communication, negotiation and listening skills of the real agents in Virginia Water should be assessed before hiring them. As, these skills define the success and understanding ability of the agents.

Looking for referrals is another good tip that might help customers in hiring the right estate agents.

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Real Estate Is Back According To Morgan Stanley

Although the results have been quite sad in the fourth quarter, there are many signs that this is about to change and do so really rapidly. Morgan Stanley has been showing that there are many losses as well as gains in their portfolio.

Since 2007 there have been huge loses in the real estate field and that is not getting any easier. When there was a fall in the market that let too many commitments that were from venture capital firms all over the country. There was an injection of 1.7 billion dollars into the market which proved that there was never going to be a slowdown.

However, when the bottom fell it really fell. Now there are many companies in the field of commercial real estate that are making investments and contributions hand over fist to ensure that there is new capital in the market.

Are Investors Afraid?

Although there has been a discussion of another downturn in the market, this has been widely dismissed by people as they have realized that the real difference between the current state and the past that when it comes to real estate there is real value and there is real dollars there. When there was a large beginning of recovery, much of the money that represented the entire pipeline of the company was in fact in real estate and that meant that about 55% of the portfolio was in real estate.

Now there are new opportunities that are opening, these are called “opportunity funds”, these represent a new development as well as forays into commercial real estate that has not been seen yet, this provides many new opportunities for investors to reach huge returns of up to 20%.

How Does Morgan Stanley Stack Up?

The company has already put in 1/3 of its entire equity to represent a huge growth that means that there will be much intense investment in places like London and New York. When this kind of money is being injected it means that the long term outputs of the company are going to be great for investors and that they can know that they are going to make their money back.

Morgan Stanley is starting to see returns as well as comebacks that have not been seen since before the crash of 2007. When it comes to ensuring that money is in the bank and that the investors are going to see their return it is the job of the funds to perform and to put that money in non-risky places. As the market continues to expand there is no reason to think that real estate will see another drop in the way that it did in the past for another cycle of 30 years. The Feds are getting ready to raise interest rates as the money continues to be injected into the economy. That will continue to offer new opportunity as well as new investments that continue to prosper.

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Real Estate Investment Clubs Buying Carwash Properties

Would it be wise for a real estate investment club to invest in carwashes securing their investment with carwash assets and real property? Could the revenue stream model of an average fixed site carwash, perhaps a new robotic high tech touch-less carwash, support such an investment? Many a real estate investor has thought here. Indeed even McDonalds is for the most part a real estate company, owning all their own properties right? So it stands to reason that a real estate investment club would ponder buying carwash properties.

Indeed this is being done, however not on a huge scale, but it could be done on a giant scale like McDonalds. Those investing should realize that the car wash equipment is not worth anything once it is used? And the Real estate if it was considered a separate investment and leased to the carwash might be a better long-term play. Two investment groups working together, could make this happen. Kind of like two-divisions of McDonalds, one specializes in the real estate the other make hamburgers and run a franchising company training at Hamburger University. If carwash does not work out, put self-storage on it, after all Public Storages strategy has made them an incredible success.

When the real estate appreciates and is worthy of the investment of a bunch of town homes, a Starbucks or McDonalds, scrape the property, move equipment re-set it up at another best guess for future appreciation location? We must also not forget too the seasonality of car washing and therefore the need to average over 1-2 year period, there are some issues with what you propose, so if the real estate investment club is not flush with cash flow, it could be problematic in slow months. Many a real estate investment club will go hog wild and buy more properties without regards to the absolute need for liquidity and cash flow. Cash flow after all is king and every thing else is BS and should walk.

There are perhaps better types of businesses for such a Real Estate model, however if done correctly, car washes could potentially be a worthy choice. There are a lot of things, which go on in a carwash business. In our country we do not have issues borrowing for equipment, fairly easy to get done through vendors, so if a Real Estate Investment Club were to do this they may need to run the carwashes themselves in a separate division, as there may not be so many entrepreneurs so ready to sign up. Although the franchise model could also work as it has for McDonalds you see?

A real savvy group of billionaires or the Lloyds of London type group could use this strategy to rock the market and become the McDonalds or Starbucks of carwashes and there is definitely a demand for carwashes. This nation could take another 50,000 carwashes done correctly, convert all the competitors into units under one name and own this market. Sound like a plan? Think on it.

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New Orleans Real Estate Is A Good Investment

One man’s tragedy is another man’s fortune. This saying has never been more true than in the aftermath of the Katrina hurricane, where the affected areas represent one of the best real estate investment opportunities available.

There

The most important factor here is price. Many people chose to leave their homes for good, which created a sharp turn in real estate prices. For the interested buyer this makes it the best investment possible.

It can be argued that real estate prices will never come back to their initial levels, but history has shown otherwise. Hurricane Katrina was not the first disaster to hit New Orleans, nor will it be the last. This is a certitude we must live with. Technology will change, the price tag for the repair bill will go down, but disasters will keep coming. This is an assumed risk. This doesn’t lower the opportunity of finding the best real estate investment though. Some risks will always exist, no matter what. What you should focus on are the peculiarities of this certain event. No other recent event triggered migration on such a huge scale. The sociological aspects of hurricane Katrina are what made this disaster unique. The large migration of citizens is what triggered the sharp fall in prices. Such an event is not likely to happen again anytime soon. Florida for example has seen more hurricanes and still managed to survive. The price of New Orleans real estate has hit a low point, which is not very likely to ever hit again.

New Orleans can be considered the best real estate investment for some other reasons too. Destruction on a huge scale has some very interesting long term effects. Destroyed areas in important cities will always recover and the real estate prices of those rebuilt cities always surpass what they once were. Major cities like London after the Big Fire, Tokyo after World War II, and New York after 9/11 have proven this theory right. It is certain that a bright future awaits New Orleans, . Early movers in the New Orleans real estate market are bound to be some of the richest men in the future.

Vision plays a major role in seizing the best real estate investment. As a result of this tragedy it is very likely that the city will be more protected than ever and that any subsequent hurricane will never provoke again such tragedy. It is a shame that it took a Katrina hurricane to make this possible, but nonetheless New Orleans will probably become one of the safest cities in the country.

The areas of New Orleans that were affected by the Katrina hurricane represent one of the best real estate investment opportunities in recent history. No matter how you see it, the future in New Orleans looks bright!

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New York City Real Estate and European Investors

With a slowing domestic economy, the United States has watched a decline in all of its markets, especially the housing market. However, this decline has helped keep New York City’s housing market alive through foreigners. With the continuous deprecation of the dollar and the value of Manhattan real estate, foreigners are now seeing property in the city as a smart investment.

Before, foreign companies doing business in New York would have to put their employees in temporary housing while visiting, but now they are buying condos and having the company serve as the landlord. This is saving foreign corporations thousands of dollars. Temporarily housing an employee in New York City used to be a very expensive aspect of doing business. Many companies used to pay upwards of $4,000 a month in rent for employee housing.

When a firm owns real estate in New York, they are not only saving money each month, but they also hold an investment. New York City real estate has the potential for growth regardless if an employee is currently living there or not.

During recent years, the New York real estate market has remained on a rise, making property even more desirable. However, in international real estate, property in the Big Apple is almost considered cheap. According to a recent survey, New York is the 15th most expensive city in the world, falling behind Moscow and London. And as foreign currencies continue to hit record highs, owning property in NYC seems like an even better deal. When a European buys into Manhattan real estate, they are almost instantly doubling the value of their money due to the exchange rates.

Investing in New York City property is the best option for so many international companies. This growing foreign interest in Manhattan property is actually helping to keep New York’s real estate market alive. Even with a nationally recessing economy, New York City’s economy and housing market remain above the national trend.

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Real Estate Essentials: The Basics You Need to Know

Welcome! What we will learn today includes the concept of real estate as well as titles and their attributes; types of tenancy and types of properties; and definition by measurement using the township as the standard; possession of property; Deeds and their conveyance from giver to receiver; restrictions use imposed both privately and publicly; and mortgages; how they are transferred and how they affect the larger financial markets.

Traditional Definition

First, we will start with the concept of real estate. How can we define it? The elemental concept of real estate–the American tradition of property rights–is derived largely from the Anglo-Saxon tradition.

This concept of real estate begins with Nordic cosmology, early informal English tradition, Saxon common law, and the English Magna Carta.

Starting along a shoreline, we can visualize property by looking at a point on the horizon. To the right, we view the Sea; to the left, the Earth; above we view the Air; and by focusing downward beneath the surface, the Core.

Next, we face inland and draw a horizon line. Above the horizon we view the Sky that helps us to determine air rights, the height of buildings, etc. Then, we view the Ground as the surface of all the Earth, whereas, the Core below helps to define mineral rights.

As we face away from land out to Sea, we can mark a horizon line with the Sky above and the Sea below. Generally speaking, we can see about twelve to fifteen miles out to Sea on a clear day because the curvature of the earth. This application of line of sight helps to define the delineation between sovereign states and international waters.

Titles

Next, let’s talk about Titles and the various attributes of these documents. We start with the Title known as a “Fee Simple.” This Title is the most common one. Generally, ownership of residential property is by Fee Simple.

This Title reflects a bundle of rights, the right to: 1) dispose of the property, to use sell or give it away; 2) the use of the property; 3) possession of that property, which is what the Title’s about and; 4) the ability and right to exclude others from using the property.

The Differences between Real Estate and Real Property

Real Estate plus the Title equals what we call Real Property and Freehold Tenancy. This tenancy has an indefinite duration of time.

Freehold-Estate Tenancy can extend perpetually and can be passed from one party–one generation–to another. The Freehold may be Fee Simple.

Alternately, the tenancy could be a Life Estate for which someone has the right to remain on a property (in a house) until s/he passes away. Then, it is turned turned over to another party, by prearranged agreement. This party is referred to as the Remainder Man (a traditional term).

Title is equal to the Estate minus the tenancy. Therefore, we can define Real Estate as a Bundle of Rights that includes the rights of Disposition, Use, Possession, and Exclusion. We can abbreviate these rights with the acronym D. U. P. E.

A Non-Freehold extends for a limited duration of time, the length of time that a person may hold it. Therefore, it is Non-Freehold. Generally, this Estate is referred to as a Leasehold that requires a lease contract, which specifies a duration of time.

This lease is similar to the Title except there is one of the four property rights in Bundle of Rights which is excluded. This excluded right is the right to Dispose of the property, to sell or give it away. However, the rights to Use, Possess, and Exclude others from using it still apply under this lease.

Below, we have a comparison chart. The key feature is that a Freehold has an indefinite duration.

The Non-Freehold enjoys only a limited duration of time because the lease, the Leasehold, excludes the right of Disposition. In contrast, a Freehold Bundle of Rights includes all four: Disposition, Use, Possession, and Exclusion. Therefore, the Estate is equal to the Title is equal to this bundle of our rights to the property.

Let’s talk about the types of tenancy along with the types of properties. This tenancy in Severalty involves a number people. In common, it is often with the married couple and specified heirs for that tenancy. In Joint Estate, there is a Right of Survivors. Anyone with this tenancy who survives has the right to continue the tenancy and to have that Fee Simple with its four-fold Rights of Property. By Entireties, the Right of Survivors are the same.

Properties

The types of property include business property–service sector, industrial (generally manufacturing), commercial property (both wholesale and retail), residential property, and agricultural property.

Residential properties are defined as properties of four or less units or vacant land that is zoned for residential use. Also, it includes ten or less acres of agricultural land (commonly, acreage that small lacks the natural conditions to provide a sustainable working farm.

Definition by Measurement

For definition by measurement, we use the Township as our basic standard of measurement. The Township is six miles by six miles square (36 square-miles encompassing 23,040 acres).

To measure a Township, let’s use an example of an uncharted island of irregular form. We start by drawing a Baseline and Meridian line upon it, striving to center it as well as possible (for simplicity’s sake, whatever is practical).

Let’s use an island for our example. We use the full Township plan, carrying it over onto the water around this island. We measure the island down to measurement of quarter miles.

As we measure the entire island, we can determine how many square miles are contained on the island or irregular shape. We are not concerned with the water area at this time.

If we use square quarter miles in order to do the estimation of area and determine that the island is 368.75 square miles. For a symmetrical island, it may measure 23.5 miles long by 23.5 miles laterally.

Let’s continue to use the Township as our standard unit of measurement. We recall that it is which is 6 miles by 6 miles (36 square miles) and contains 23,040 acres. We are going to consider how we can further subdivide this Township. If we subdivide a township, we have 36 square-mile Sections.

Therefore, each Section is one-square mile and includes 640 acres. If we subdivide this square mile into quarter sections, each section must be a quarter of a square mile containing 160 acres. The boundaries of these quarter-sections are one-half mile by one-half mile.

If we subdivide further, we have acreage that is one-quarter mile by one-quarter mile. This is a sixteenth of a Section, a sixteenth of a square mile and 40 acres in size. Traditionally, this has been considered as the size of a workable family farm. These forty acres can be divided further as subdivisions for residential and business property.

Possession of Property

Let’s discuss Voluntary Alienation, the giving up of the right to possess land voluntarily through an instrument of conveyance (transfer) of these rights through a Deed or Will.

Involuntary Alienation occurs when a person dies without a Will. In this case, the property goes to probate and the court decides. Also, if a person dies without a Will and without heirs, this case is called Escheat. As a result, the property is deeded over to the state government.

Involuntary Alienation can include situations such as Eminent Domain and Condemnation by Eminent Domain, in which a government can take over a property if it pays a fair value for the property. The government may do this regardless of whether or not the present owner wants to keep the property. Usually, this action is taken for some larger public good, such as the construction of an expressway.

Adverse Possession may be hostile or simply can be Open Possession without permission. It may also include taxation. If taxes are not paid on the property, the municipality or the county can take over the property for the lack of back taxes being paid.

Clear Adverse Possession may occur if there is a legitimate claim on the Title. Flagrant Possession can occur by a party moving in and occupying the land. However, it could be that if there is property to which there is no apparent claim and a person resides on that property for seven years (common-law), then that person can claim ownership to what would otherwise be abandoned property.

Voluntary Alienation requires an Instrument of Conveyance, a transfer, usually a Deed, but often times a conveyance of a Title. On this chart here (and when it’s complete you may want to pause the video and take a look at it, what we have is the instruments which may be transferred from the giver to the receiver.

The giver (many different names for them, but they are all represent the origin and so their names end with an “OR”).

The receiver is the end-recipient. Therefore, that name ends with an “EE” (an easy way to remember this). The instrument of a Title or Deed is given by a grantor to a receiver known as the grantee.

Deeds and Their Conveyance

The Deed is an Instrument of Conveyance for transfer between two parties. One party is the giver, the other the receiver.

The giver (who is the Grantor [most likely the seller]), gives the Deed to the Grantee (who is the buyer). For example, the transaction may involve a Sale-by-Owner property. In such a case, that For-Sale-by-Owner gives the Deed or Title (or both) to the borrower who is the receiver.

In different states, there is application of one of two distinct theories as to who has the predominant right over the property–Lien Theory or Title Theory.

In a Lien Theory state, the Grantee (the mortgagor or buyer of the property) maintains legal control. In a Title Theory state, the mortgagee (the lender) maintains that control.

The Deed is a recorded Constructive Notice. As a result, a Constructive Notice is a written document that is filed as a public record.

An Actual Notice is more traditional. A person would stand in the middle the town, all the neighbors would gather about, and s/he would say “I now own this piece a property” and describe it to the town folk. This kind of notice is neither written nor filed. Therefore, an Actual Notice is an informal notice.

A number of different types of Deeds exist. The following are some that we consider and that we see most often:

1. Bargain and Sale Deed, or a Quit claim deed that clarifies what the nature of the property.

2. Special Warranty Deeds and General Warranty deeds, Free and Clear, or Free of All Encumbrance Deeds.

These instruments are what the names suggest. Deed requirements state that there must be a premise. In other words, there must be a Grantor and a Grantee and there must be some interchange between them.

In addition, there exists what we know as the Habendum Clause or Seisin Clause (which goes back to the Middle Ages). This clause means to have and to hold the property.

With this clause, there must be consideration given: money or other valuables, or something as simple as love and affection. (This concept goes back many centuries when wives were considered chattel property.)

In essence, a valid Deed is one that is signed by the Grantor along with two witnesses and must be offered voluntarily by the Grantor, and accepted voluntarily by the Grantee.

Encumbrance or Lack Thereof

If no Encumbrances exist, then the property–the Deed–is free and clear. This means that there are no Liens upon it. In other words, no financial obligation remains when the property is sold. As a result, no one can claim a portion of the sales price in order to pay off a Lien.

As we have seen, a Deed is an Instrument of Conveyance between two parties and the two parties are the giver and the receiver.

Now, let us look at the transaction that occurs between giver and receiver. The giver is a Grantor and also the seller. Contrastingly, the receiver is the Grantee and buyer of the property.

Therefore, the giver tenders a note to the receiver who is the mortgagor–the borrower. By doing this, there is recognition of Entitlement for those basic rights that include Disposition, Use, Possession, and Exclusion.

In addition, there are conditions of a Title that need to be considered. The first condition is referred to as the Chain of the Title, which sometimes traces back to an original Land Grant.

An uninterrupted chain must be established for the Title that is being passed from one party to the next. This assurance is accomplished through a Title Search, summarized in a document known as the Abstract of Title, and accompanied by an Opinion as to the quality of the search in respect to the cleanliness of the Deed and the passage of Title.

In addition, Title Insurance plays an important role in all of this business because it protects both parties. For owners, the insurance protects them for the amount of the purchase price that they are paying. For lenders, it protects them in terms of the loan amount.

Furthermore, Title Insurance protects both parties in cases of forgeries that may have occurred in the present or even the distant past in respect to both the Deed and the Title.

Restrictions of Use for a property can be either private or public. The private restriction may be a Deed Restriction that is written into the Deed or some Restrictive Covenant that is added to it. For example, there may be a restriction listed in a lease in respect to how many people may reside at a property or whether or not pets can be kept on the property.

Liens constitute an obligation that cannot be collected immediately. However, we are looking for Deeds that that essentially are as free and as clear as possible.

Government restrictions may involve something as simple as zoning laws that determine how a property may be used. In addition, government actions can include the use of Eminent Domain in order to acquire property as well as the ability to tax property. These actions put restrictions on a property. If a person does not pay the property taxes, s/he forfeits the property to the government.

Encroachment and Easement

Encroachment and easement involve adjacent property and the rights of adjacent property owners. Encroachment occurs when one person uses a property belonging to someone else, such as moving a fence on to that property without permission of the owner.

An Easement is just the opposite. A simple example would involve a person who opens a car door and gets out onto a strip of lawn that belongs to their neighbor. Generally, a one-foot easement is allowed in such cases.

Now, let us look at Mortgages in a little more depth. A Mortgage tells us that the Mortgagor is the Grantee who is giving the Mortgage to the borrower who is the buyer.

For the two parties involved in such transactions, we again have a giver and a receiver. One party gives a Promissory Note and Mortgage to the Mortgagee, the lender that often is a bank. This second party is the note holder who gives loan money to the note giver, the party that is the buyer.

If we look at the monthly payment for a piece of property, it usually is a fixed amount. Of this amount, part of the payment is Principle and part of it is Interest. At the beginning of a Mortgage, most of that monthly payment is Interest. Very little of the payment reduces the Principle and pays down the balance of the loan on the property.

As time goes on and we get to the years near the end of the mortgage, most of that fixed payment becomes Principle paid and very little of it is Interest.

A mortgage is made up of different payments. Together, the Principle and the Interest are referred to as to as Debt Service. However, in most mortgages, there are taxes, which are paid along with insurance which is paid.

Both of these are paid into an Impounded Fund called an Escrow Account and they’re included as part of the monthly payment. They’re held in Escrow and then dispersed.

Therefore, we have Debt Service and we have Escrow Impounds. Together, these two items make up the total amount which is paid monthly. Commonly, this total is called P. I. T. I (pity). It includes Principal, Interest, Taxes, and Insurance.

A Promissory Note (an obligation to pay) is signed by the mortgagor who borrows money with the promise of paying it back. The mortgage is recorded and becomes a security instrument in respect to the property.

The Mortgage is a Voluntary Lien that the lender will get paid. It’s signed by the mortgagor. As a document, it facilitates the act of foreclosure. When mortgages enter the financial market in clusters, they often get bundled into other financial instruments.

What we have found in the first decade of the 21st century is that lenders were turning (to a very large degree) to the issuance of Sub-Prime mortgages–very high-risk mortgages with very little security. Potentially, because of the risk, they can earn a higher amount of interest.

However, most of these securities collapsed and caused a downfall of Lehman Brothers and vast problems for other Wall Street firms in September 2008.

Also, there are Prime mortgages. This is the standard low-risk mortgage that is liked by lenders because of the low risk. However, it doesn’t carry the highest rate of interest. Therefore, in terms of the gamble involved, it’s not necessarily the best for the lender. In addition, there are Alt-A mortgages which form a kind of in between mortgage.

What began to rise in the middle of the first decade of the 21st century were option Adjustable-Rate Mortgages (ARMs) for which the mortgage interest rate goes up or down with the prevailing baseline interest rates set by the London Inter-bank Offer Rate (LIBOR).

These ARMs have that potential put borrowers and their properties below water (where the value the property is decreased to below what is owed on the property as the interest rate increases because it’s tied to (pegged to) the general interest rates.

In these circumstances, there is a greater tendency for buyers to walk away and abandon their properties.

This episode has carried us into the second decade of the 21st century. In recent decades, the issuing and servicing of mortgages have moved away from a single bank that issues a mortgage and then services it for its lifetime.

The trend for banks has been to issue mortgages, earn a fee, and then step away by selling them very quickly to some other institutions that will service them. In large, this has been due to pressures in the financial markets to use mortgages as ingredients for other securities, like hedge funds.

The first one that we see on the left, RMBS, is a Real Estate Mortgage-Backed security that is a fairly good one.

Most of the mortgages in this security have Triple-A ratings. These are Prime mortgages. However, what began to happen in the first decade of the 21st century is that these Collateralized Debt Obligations (collateralized by the real property) began to be filled with Sub-prime mortgages. Hence, they became very risky.

However, the bond-rating services (Moody’s in particular) rated these mortgages as very good mortgages in very good securities, even though they were filled with highly toxic assets. In part, this led to the collapse of the mortgage-backed securities market in 2008.

Wrapping Up

So, what have we covered? We’ve covered the concept of Real Estate and what it is; We’ve looked at Titles and the attributes of these documents and the types of Tenancy and types of Properties; We defined and measured property in terms of the unit of the Township; We discussed possession of property by different means and looked at Deeds and their conveyance from giver to receiver; We discussed the Restrictions of Use of property; and, finally, we addressed mortgages and the role that mortgages play in the wider financial market.

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Great Comeback for Commercial Real Estate in India!

These days, the demand for commercial spaces has been on the rise and is pushing the yields higher than any other prominent businesses in the cities across the globe. Prominent cities in India like Bengaluru, Mumbai and Delhi have topped the commercial property market in terms of annual rental yields. Reports have confirmed that, these three markets have outperformed all the other global hotspots with 9.5 -10.5% annual returns.

According to a recent global survey made by a popular property consultant firm, Bengaluru has topped the list with the annual rental yield of about 10.5%, whereas the cities like London, Singapore, New York and Hong Kong ranged between 2.5 – 7% at the highest. This is just an instance that proves Indian commercial real estate is back to form.

Bengaluru and Mumbai in Top 5 Global Cities’ List

Yes, Mumbai and Bengaluru are in the list of top 5 global cities for future rental growth and it is also expected to grow to 22% and 16% respectively. Also, 67% of the investments are flowing to Indian real estate market, which is highest among all the other countries. This clearly indicates the growing appetite of Indian commercial property market.

Healthy Traction Since 2014

With all the real estate happenings across India, it’s quite evident that the office space market has been in a healthy traction since 2014. India registered the office space transactions of about 18 million sq. ft. in the first six months of 2015, and by the end of 2015, the country completed the transaction of a whopping 40.21 million sq. ft. which is the highest since 2011. It also has to be noted that, out of 40.21 million sq. ft. area, the transactions of about 12 million sq. ft. was happened in Bengaluru.

Robust Demand for Office Spaces

It’s true that the yields have shown a robust growth, but the current office rentals in Delhi and Mumbai are still lower than the peak levels of 2007 by 19% and 17% respectively. Bengaluru is an outlier here also wherein the rentals are more by 8%. Currently Mumbai and Delhi are facing an acute shortage of quality spaces, which has created an upward pressure on office rentals.

With this being the scenario of Indian commercial real estate, the Real Estate Investment Trusts are expected to give a further push to the commercial real estate and is also estimated to have the investments worth $100 billion in the next few years. Even though the vacancy rate stands at 17%, investors and occupiers are still finding it difficult to get quality office spaces across prime districts.

Due to the robust demand for office spaces from start-ups and large organizations, rentals are experiencing a substantial surge leading demand to outstrip the supply. Looking at the demand for office space, we can say that commercial real estate market is making a strong comeback after being in dumps for about three years, having great deals in the pipeline and showing the signs of recovery.

Sahaana Jai, the author of the above article is working in a real estate firm offering services related to commercial office for rent in Bangalore. She is also a blogger and a web enthusiast who writes articles and blogs on the commercial real estate trends in Metropolitan cities.

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You Need Real Estate Investing to Achieve Financial Security: But Educate Yourself First!

Real estate investment has always been an attractive avenue to make money and achieve financial independence, that would eliminate the need to worry about financial down times – like the kind we’re currently faced with.

Unless you’ve been living on a remote, uninhabited island or planet, you no doubt feel the effects of the recession that has challenged the income earning ability of even the most prosperous persons, groups/organizations as well as nations.

Those who survive and/or thrive in spite of all the uncertainty and adversity, do so by adopting serious strategies to build and consolidate their abilities to make money especially in lucrative fields like real estate investing.

The problem has however often been that most people in society, despite being aware of potential benefits of real estate investing, lack the competence to cost-effectively and profitably venture into this line of business.

Many who dared to go in without getting reliable information and education to guide them, have had their fingers burnt – becoming victims of a few bad eggs who lure unsuspecting enthusiasts into phony property investment deals.

As a Real Estate solutions provider, I’ve seen this happen for quite some time, and my desire to help potential buyers avoid such painful negative experiences makes me ALWAYS focus on FIRST educating them on the proper way or process of investing, into real estate.

I arm them with details of how to confirm the status of the land or building, and relevant documents to possess, whilst securing their investment into the future.

For instance, I get asked certain questions about real estate solutions I offer quite often by different prospective clients. These same questions are posed to others who do what I do, in the industry – including the crooked ones looking to cheat – or even dupe – their clients.

In my case, I have developed the discipline over the years of stating the truth to each client regardless of whether or not it could lead to a loss of sale.

In the short run, this may seem to be self-defeating, however, in the long run, as my experiences have repeatedly proven, it can pay huge dividends in form of powerful name/brand credibility due to your demonstrated integrity.

Here’s one example of answers I give to questions I get commonly asked by intending buyers:

Question: Distance (Isn’t that property too far away from town?)

Answer: Distance does not really matter, when it comes to making money. For instance, most of us leave our various home towns to do businesses in Lagos. Why? Because of the value and monetary benefits we expect to get. Some of us own properties outside Nigeria – so acquiring a few here in Nigeria’s new Lagos, which is currently attracting countless foreign investors, with its huge potentials and wealth, can only make MORE sense!

Notice from the above that my answer was given using points that were obvious and therefore easy to agree with. In other words, they were based on verifiable facts, and devoid of sentiment or hype.

It is this sincere disposition that attracts potential buyers to connect with me, long after I’ve related with them.

Example True Story

Some years ago, the London based director of social responsibility to a top decision maker in the securities exchange commission (SEC) was referred me by an old client.

We had a serious phone conversation here in Nigeria, and she eventually came for inspection and bought 2 acres (12 plots).

As I type these words, those plots remain secure in our estate Dominion Gardens and Parks and have since appreciated greatly in value, as you can imagine.

For that buyer, who today owns those plots, there is no doubt that she has reaped multiple fold returns on that investment made a few short years ago.

Yet, all it took was the ability to make an accurate and well informed DECISION to choose and buy the right kind of property in the right location, from the right source.

The best way to achieve the above mix of favorable circumstances (i.e. the “right” everything you need!) is to connect with a tried, tested and true provider of the solutions you need.

The client who referred this lady to me did so based on the recollection of the fact that I delivered what I promised i.e.landed property at pocket friendly prices, with valid documentation and no complications.

Your future financial independence can be secured via smart investment in real estate.

But you need to start by giving yourself the right kind of information and education to be able to do it right.

Make out time to identify a reliable expert who can coach you to succeed in achieving your chosen objective.

Do that FIRST, before you ever consider dipping your hand into your pocket to pay for any property.

If you need help making up your mind, end me a message – or simply signup to receive my Real Estate Investment Chronicles (REIC) ™ on my website.

Lanre Karim is the author of the Real Estate Investment Chronicles (REIC) ™: a thought-leading online publication that features tried and tested Investment strategies- and solutions – for everyday persons.

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Real Estate Agents In Chicago – Selling Your House

There is a fortune out there in property deals waiting to be made by real estate agents in Chicago, New York, London, Mumbai, and Shanghai. This group is a very talented group when it comes to making money. The huge gap in property supply and demand is what is driving the increasing importance of real estate brokers in these markets. There is a great shortage of quality properties in these cities and it is coupled with the large increase in disposable income of the highly-paid professional classes. This has resulted in a large increase in interest in real estate.

Real estate agents function as go-betweens, assisting both a property’s purchaser and its seller. They do that by displaying to the potential purchaser properties which fulfill his or her requirements at a satisfactory price. Concurrently, the agent is assisting the seller by displaying his or her property (including advising on ways to show the property to its best advantage) and by working to ensure that the seller is properly compensated. The broker comes to be considered truly indispensable when the deal turns out to be in everyone’s best interest.

If you are working in any big metropolis like Chicago, and you have the right resources at your disposal; you would certainly want to invest in Chicago real estate such as a new house. Such an investment ensures that you beat inflation through price escalation of property and at the same time affords you the opportunity to live in a better apartment in a better location.

You can search for real estate agents in any metropolitan city like Chicago through dedicated web sites dealing with the real estate industry. You must check the background of such real estate agents before making use of their services. This also facilitates that you land up getting a good deal as when you compare the services of a number of real estate agents, you can have a wider option of choosing the best deal.

A wise consumer will make a point of learning real estate law in a certain area so that he can evaluate the offers real estate agents make to him. Like in any other profession, there are unscrupulous real estate agents who promise their customers anything just to make a sale. It is far better to study property laws than to be conned by an agent into a transaction which isn’t honest and aboveboard. A little time spent in research can save you thousands of dollars and a huge amount of stress

Remember that your chances of securing a good real estate deal gets enhanced by employing the services of real estate agents, subject to your smartness in dealing with them and your ability to sieve through their talk.

There are many people in the real estate business worldwide that make substantial profits of property deals. Look at Chicago real estate. We all have used a real estate agent before, whether it be purchasing a new house [http://www.chicago-realestateagent.com/real-estate-agents-in-a46.html] or selling a current home. It can be difficult to find reliable real estate agents in Chicago [http://www.chicago-realestateagent.com/]. There are thousands of websites out there advertising who may be right for you. It’s always good to do thorough background checks and to keep in touch with several agents. You should always know the laws that govern real estate in the area you’re interested in. Doing your own research with insure a profitable deal.

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Real Estate And The Right To Own Property Finds Its Roots In Freedom

The arguments that erupt between historians can be as caustic and vicious as the politics and wars they write about. However, arguments surrounding the root of the phrase, “Life, Liberty and the Pursuit of Happiness,” offer us a moment of relative tranquility in a sea of discontent. It has long been agreed: when Thomas Jefferson ascribed those words to the Declaration of Independence, he had John Locke’s political philosophy in mind. When it comes to real estate, or the “Pursuit of Property,” as Locke put it, there hardly remains any doubt that Jefferson meant that as well.

The Right To Own Property Inspires The American Revolution

“Every man has a property in his own person. This, nobody has a right to, but himself.” – John Locke

Influential political philosopher and physician, John Locke, whose writings influenced the Founding Fathers, was born in Wrington, England on 29 Aug. 1632. His father was a lawyer who served in the military during the English Civil War (1642-’61). His parents were Puritans, so Locke was raised in that tradition. Because of his father’s service and allegiance to the Crown, Locke received an outstanding education at Westminster School in London. He earned the prestigious King’s Scholar award, which opened the door for him to attend Oxford.

At Oxford, Locked immersed himself in metaphysics and logic, as well as Latin and Greek. After graduating in 1656, he turned his focus to pursuing a Master’s degree, and by 1668, he was elected as a fellow of the Royal Society in London. He then began working on a number of treatises regarding politics, property and “natural rights,” a term he dubbed while pondering transcendentalism.

Locke penned some of his most influential writings on property during this time. “The Enlightenment,” as it has been called, was an era of deep thinking and debate which ended in revolution throughout the world. Though the idea of owning real estate, per say, had not crossed his or anyone’s mind just yet, he laid its foundation, and it was enlightenment that produced the notions of personal property. The right to own one’s thoughts and feelings parlayed notions of private property rights, and the right to own such property was revolutionary all in itself.

In 1689, Locke anonymously authored and published “Two Treatises of Government,” which directly challenged the king’s legitimacy as “divine ruler.” Under “the divine rights of kings” theory, all power vested in the king had derived from God; disobeying the king was disobedience to God; challenging the king was a challenge to God, and so on. This was an extremely powerful theory for kings to entrap subordinates with at the time. Who would dare be so hubristic and challenge the Crown? Locke would have none of it and soon engaged in spirited debates with His Majesty’s proponents. He argued, the king’s power could only be legitimized by the people, and nothing else, further articulating that “Natural Rights” included “Life, Liberty and Property.”

If this sounds familiar to you, it’s because most of Locke’s writings ended up in the Declaration of Independence. Once it took root, Locke’s philosophy–along with Jefferson’s, Madison’s, Franklin’s, and Hamilton’s–became the justification for revolution around the world.

America was built on the prospect that anyone of ample means could own property. Take part in the American Dream and talk to a real estate agent, today!

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