#purchasing a property in full cash and investing in luxury real estate is such a smart move
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back2bluesidex · 5 months ago
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Heard that my man bought a new duplex penthouse?
since the news is out, lemme tell you that we are actually getting married this November.
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teslaproperties · 1 month ago
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Top 10 Reasons to Invest in Dubai Apartments for Sale
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Dubai has earned a global reputation as a thriving business hub and a luxury lifestyle destination, making it a hotspot for real estate investment. Whether you’re an expat, a seasoned investor, or someone looking for a dream home, investing in Dubai apartments for sale can be a rewarding decision. The city offers unparalleled growth opportunities, tax advantages, and a high standard of living that attracts buyers from around the world.
At Tesla Properties, a leading real estate agency in Dubai, we’ve compiled the top 10 reasons why you should consider investing in Dubai apartments for sale. These insights will help you make an informed decision when you buy property in Dubai.
1. Strong Rental Yields
The remarkable rental yields in Dubai are one of the main draws for those looking to purchase flats for sale. Dubai has some of the highest rental incomes globally, with an average of 5 to 8%. This makes it an attractive investment for those looking to generate consistent cash flow.
2. Tax-Free Investment Environment
Dubai provides real estate investors with a tax-free environment, in contrast to many other international cities. Both capital gains tax and property tax are absent, as is income tax on rental income. This makes Dubai real estate particularly appealing for international buyers looking to maximize their returns on investment without being burdened by hefty taxes.
3. World-Class Infrastructure
Due to its top-notch infrastructure, Dubai is a popular destination for new enterprises and inhabitants. The city’s seamless transportation network, luxury amenities, and high-tech connectivity are just a few reasons why properties in Dubai are so appealing. Whether you're looking for a Dubai house for sale or an apartment, the high-quality infrastructure adds long-term value to your investment.
4. Prime Location for Global Connectivity
Dubai is a popular destination for international business and travel due to its advantageous location at the intersection of Europe, Asia, and Africa. This is one of the reasons why there is a consistent demand for Dubai property for sale from international buyers. Purchasing homes for sale in Dubai gives you quick access to some of the biggest marketplaces on the planet, which enhances the city's potential for long-term growth.
5. Booming Tourism Industry
Dubai's booming tourism industry has led to a high demand for both short- and long-term rentals. The city hosts millions of tourists each year, and this number is expected to grow, especially with Dubai’s global events and attractions. Owning a Dubai apartment investment not only gives you a personal retreat but also allows you to tap into the lucrative short-term rental market.
6. Wide Range of Affordable to Luxury Options
Whether you're looking for an affordable home or a luxury residence, Dubai has a vast range of properties that cater to various budgets. When it comes to apartments for sale in Dubai, there are countless options, ranging from comfortable studios to opulent penthouses. This diversity allows investors to enter the market at different price points, making it easier to buy apartment in Dubai that fits their financial goals.
7. Favorable Ownership Laws for Foreigners
Dubai’s government has made it easier for foreigners to invest in real estate, offering freehold ownership in designated areas. This suggests that expats and foreign investors can buy real estate in Dubai and keep full ownership rights. Freehold ownership offers flexibility and security for international buyers, making buying property in Dubai a safer and more transparent process.
8. High Demand for Residential Units
Dubai’s population continues to grow at a rapid pace, driving the demand for residential properties. As more people move to the city for job opportunities and a better lifestyle, the demand for properties in Dubai—especially apartments—continues to soar. Investing in a Dubai apartment ensures you tap into this growing demand, either for personal use or as an income-generating asset.
9. Strong Government Support for the Real Estate Sector
The government of Dubai has made significant investments in the real estate industry and has launched a number of programs to increase property sales and maintain market stability. Programs like long-term visas for investors, Golden Visa schemes, and easing of business regulations have significantly increased the appeal of Dubai real estate. These initiatives make it a great time to buy property in Dubai and benefit from government-backed growth.
10. Collaboration with Tesla Properties, the Top Dubai Real Estate Firm
A successful investment in real estate in Dubai depends on selecting the correct real estate company. In the Dubai real estate industry, Tesla Properties is known for being a reliable and respectable partner. Our team of professionals provides individualized services to assist you in locating the ideal Dubai home for sale that meets your needs and financial constraints.Whether you’re searching for an apartment in the city center or a Dubai house for sale, Tesla Properties is here to guide you through every step of the process.
Conclusion
Investing in Dubai apartments for sale is a smart and lucrative choice, offering high rental yields, a tax-free environment, and access to a thriving global market. The wide range of options available in the Dubai real estate market make it a great place to make long-term investments, regardless of your level of experience. At Tesla Properties, we are committed to helping you find the right property to maximize your returns and achieve your real estate goals. Visit Tesla Properties today to explore the best Dubai apartment investment options and make your dream home or investment a reality.
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havenhomes · 2 months ago
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Apartments for Sale in Abu Dhabi with Installments – Flexible Payment Plans for Your New Home
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Apartments for sale in Abu Dhabi in installments For those seeking to invest in Abu Dhabi’s dynamic real estate market without paying the full amount upfront, apartments for sale in installments provide an appealing and practical solution. This financial arrangement is particularly advantageous for both expatriates and local residents who prefer to better manage their cash flow while investing in property.
The option to purchase apartments in Abu Dhabi through installments allows buyers to spread the cost of their new home over manageable payments. This approach is especially attractive in a thriving real estate market like Abu Dhabi’s, which offers a diverse selection of residential properties, ranging from luxurious waterfront apartments to more affordable, budget-friendly options.
#haven_homes #uae
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kolinmaharoof · 2 months ago
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Investing in a Vacant Land or a Built Property: What is better?
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There are several ways to own a house, whether you want a house for sale in Nugegoda or a luxury villa for sale in Sri Lanka, each with its own implications and benefits. Here are some common methods:
●     Traditional Purchase: Buying a house for sale in Kandy or anywhere else outright through a mortgage or full cash payment. This involves securing financing (if needed), making a down payment, and completing the purchase through a legal transaction.
●     Lease-to-Own: Renting a property with an option to buy it later. A portion of the rent may be applied toward the purchase price. This can be a good option if you are not ready to buy immediately but want to work toward ownership.
●     Owner Financing: The seller provides financing to the buyer instead of a traditional mortgage lender. This can be advantageous if you have difficulty qualifying for a mortgage.
●     Rent-to-Own: Similar to lease-to-own, but often involves a rental agreement with an option to purchase at a later date. The agreement typically specifies how the purchase price is determined.
●     Shared Ownership: Purchasing a portion of a property and renting the remaining share from a housing association or similar organisation. This can make homeownership more affordable by lowering the initial purchase price.
●     Real Estate Investment Trusts (REITs): Investing in a trust that owns and manages real estate. This is more of an investment approach rather than direct ownership but can provide income from property investments.
●     Inherited Property: Acquiring a property through inheritance. This usually involves legal processes such as probate to transfer ownership from the deceased owner.
●     Co-Ownership: Buying a property jointly with another person or group. This can be family members, friends, or business partners. Legal agreements should be made to address ownership shares, responsibilities, and exit strategies.
●     House Hacking: Purchasing a property and renting out part of it (like a basement or a separate unit) to help cover mortgage payments. This can be a practical way to reduce living costs while building equity in the property.
Each method has different financial, legal, and personal considerations, so it is important to evaluate which option aligns best with your goals and circumstances.
What is better; building a house on vacant land or buying a built property?
Choosing between building a house on vacant land for sale or buying a built property depends on various factors, including your preferences, budget, and long-term goals. Here are some considerations to help you decide:
Pros of Building on Vacant Land:
●     Customisation: You can design the home to your exact specifications and preferences, including layout, materials, and finishes.
●     New Construction: Everything will be brand new, which often means fewer repairs and maintenance issues in the early years.
●     Modern Standards: You can incorporate the latest technologies and energy-efficient features.
Cons of Building on Vacant Land:
●     Time-Consuming: Building a house can take several months to over a year, depending on the complexity of the project and other factors.
●     Higher Costs: Construction costs can fluctuate, and unexpected expenses might arise. The total cost might be higher than purchasing a pre-built home.
●     Land Preparation: Additional costs and work may be needed to prepare the land for construction, such as clearing, grading, and installing utilities.
Pros of Buying a Built Property:
●     Immediate Move-In: You can move in as soon as the purchase is completed, which is convenient if you need a home quickly.
●     Established Neighbourhood: You can assess the neighbourhood, check local amenities, and get a sense of the community before purchasing.
●     Less Uncertainty: You know the exact condition of the home and can often get a detailed inspection report.
Cons of Buying a Built Property:
●     Limited Customisation: You might need to compromise on some features or spend additional money on renovations to make the home fit your preferences.
●     Potential Repairs: An existing home might have issues that need addressing, such as outdated systems or maintenance problems.
●     Market Competition: In competitive markets, finding a suitable property at the right price can be challenging.
Decision Factors:
●     Budget: Consider your overall budget, including construction costs, land acquisition, and any additional expenses for a new build versus the price of a pre-built home.
●     Timeline: Determine how quickly you need to move in. Building a home takes longer, so if you need immediate housing, buying might be the better option.
●     Personal Preferences: Think about how important customisation is to you versus the convenience of moving into an existing home.
●     Location: Assess the availability and suitability of land versus the existing properties in your desired area.
What to look for in a good residential property
When evaluating a residential property, it is important to consider various factors to ensure it meets your needs and investment goals. Here is a comprehensive list of what to look for:
1.    Location
●     Neighbourhood Quality: Check for safety, cleanliness, and overall appeal. Look at crime rates and community reputation.
●     Proximity to Amenities: Consider the distance to schools, shopping centres, healthcare facilities, and public transportation.
●     Future Development: Research any planned developments in the area that could affect property values or your quality of life.
2.    Property Condition
●     Structural Integrity: Assess the foundation, roof, walls, and overall structure for signs of damage or needed repairs.
●     Systems and Appliances: Check the condition and age of HVAC systems, plumbing, electrical systems, and major appliances.
●     Maintenance: Look for signs of general upkeep, such as well-maintained landscaping, paint, and cleanliness.
3.    Layout and Space
●     Floor Plan: Evaluate if the layout meets your needs in terms of space, flow, and functionality. Consider the number of bedrooms, bathrooms, and living areas.
●     Room Sizes: Ensure rooms are adequately sized for your furniture and activities.
●     Storage: Check for sufficient closet space, attic, basement, or other storage options.
4.    Exterior and Curb Appeal
●     Condition of Exterior: Inspect the condition of the siding, windows, and doors. Look for signs of wear and tear or damage.
●     Yard and Landscaping: Evaluate the size and condition of the yard, gardens, and any outdoor features like patios or decks.
●     Parking: Check for adequate parking space, such as a garage, driveway, or street parking.
5.    Safety and Security
●     Safety Features: Ensure the property has working smoke detectors, carbon monoxide detectors, and secure locks on doors and windows.
●     Neighbourhood Safety: Look into local crime statistics and the overall safety of the neighbourhood.
6.    Price and Value
●     Market Comparisons: Compare the property’s price with similar properties in the area to ensure it is competitively priced.
●     Appraisal and Inspection: Get a professional appraisal and home inspection to determine the property’s true value and uncover any hidden issues.
●     Long-Term Investment: Consider the property’s potential for appreciation and resale value.
7.    Legal and Zoning Issues
●     Title and Ownership: Verify that the property has a clear title with no liens or legal disputes.
●     Zoning Regulations: Check zoning laws and regulations to ensure you can use the property as intended and to understand any restrictions or future changes.
8.    Energy Efficiency
●     Insulation and Windows: Assess the quality of insulation and windows for energy efficiency.
●     Utility Costs: Inquire about average utility costs to gauge the property's efficiency and running costs.
9.    Additional Considerations
●     Noise Levels: Check for noise levels from traffic, neighbours, or nearby businesses.
●     Natural Light: Consider the amount of natural light and the orientation of the property.
●     Resale Potential: Think about how easy it will be to sell the property in the future based on its features and location.
Evaluating these factors can help you make an informed decision and find a property that suits your needs and preferences.
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tvgrealtors · 3 months ago
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Buying a Flat in Dubai: A Comprehensive Guide
Dubai, a city known for its striking skyline, luxury lifestyle, and dynamic real estate market, continues to attract investors and homebuyers from around the globe. Whether you’re seeking a high-end penthouse, a modern apartment, or a more affordable flat, buying property in Dubai can be a lucrative investment and a desirable lifestyle choice. Here’s a comprehensive guide to help you navigate the process of buying a flat in Dubai.
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1. Understanding Dubai’s Real Estate Market
Dubai’s real estate market is diverse, offering everything from opulent waterfront properties to contemporary urban apartments. The city’s strategic location, tax advantages, and robust infrastructure contribute to its appeal. Key areas like Downtown Dubai, Dubai Marina, and Palm Jumeirah are renowned for their luxury flats, while districts like Jumeirah Village Circle (JVC) and Dubai Sports City offer more budget-friendly options.
2. Know the Legal Requirements
Foreign investors can purchase property in designated freehold areas in Dubai. These areas allow full ownership, whereas leasehold properties provide a long-term lease but no ownership rights. It’s essential to understand the legal framework and seek advice from a real estate lawyer or consultant to ensure compliance with local laws and regulations.
3. Set Your Budget
Before diving into property listings, determine your budget. Consider the cost of the flat itself, additional expenses such as registration fees, service charges, and maintenance costs. Generally, you’ll need to pay a 4% transfer fee to the Dubai Land Department (DLD) and a nominal fee for the real estate agent, if applicable. Also, factor in the costs of furnishing and any potential renovations.
4. Choose the Right Location
Dubai offers various neighborhoods, each with its unique characteristics:
Downtown Dubai: Known for its iconic Burj Khalifa and Dubai Mall, this area offers upscale living and vibrant city life.
Dubai Marina: Ideal for those who enjoy waterfront living and an array of dining and entertainment options.
Palm Jumeirah: Famous for its luxury villas and apartments with private beach access.
Jumeirah Village Circle (JVC): A more affordable area with a family-friendly atmosphere and a range of amenities.
Research different areas to find one that aligns with your lifestyle and investment goals.
5. Engage a Real Estate Agent
Working with a reputable real estate agent can streamline the buying process. Agents have in-depth knowledge of the market, can provide valuable insights, and help you navigate negotiations and paperwork. Choose an agent with a solid track record and good reviews to ensure a smooth transaction.
6. Conduct Due Diligence
Once you’ve identified a potential flat, perform thorough due diligence. This includes:
Inspecting the Property: Visit the property to assess its condition and verify that it meets your expectations.
Reviewing Documents: Check the developer’s credentials, the flat’s title deed, and any relevant maintenance agreements.
Checking Developer Reputation: If buying from a developer, ensure they have a good reputation and a track record of delivering quality projects on time.
7. Secure Financing
If you’re not paying cash, explore mortgage options. UAE banks offer various mortgage plans, but foreign buyers typically need a larger down payment compared to locals. Research different lenders to find the best rates and terms for your situation.
8. Complete the Purchase
Once you’ve secured financing and completed due diligence, you’ll need to finalize the purchase. The process typically involves:
Signing the Sale Agreement: This contract outlines the terms of the sale, including the payment schedule and handover details.
Paying the Deposit: A deposit, usually 10% of the purchase price, is paid to secure the flat.
Transferring Ownership: Complete the transfer of ownership at the DLD office, where you’ll pay the transfer fee and receive the title deed.
9. Post-Purchase Considerations
After purchasing your flat, there are a few additional steps:
Property Registration: Ensure your property is registered with the DLD.
Utility Setup: Arrange for utility services like electricity, water, and internet.
Maintenance and Management: Decide whether to manage the property yourself or hire a property management company, especially if you’re not residing in Dubai.
10. Enjoy Your New Home
With all the formalities complete, you can finally enjoy your new home in Dubai. Whether it’s a serene retreat by the sea or a vibrant city apartment, Dubai offers an unparalleled lifestyle.
Conclusion
Buying a flat in Dubai can be a rewarding investment, offering both financial benefits and a luxurious lifestyle. By understanding the market, setting a clear budget, and following the necessary legal and procedural steps, you can make the process smooth and successful. Whether you’re a seasoned investor or a first-time buyer, Dubai’s real estate market has something to offer for everyone.
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omarhussainchicago · 5 months ago
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Off-Plan Property Investment in Dubai: Advantages and Disadvantages | Omar Hussain Chicago
Dubai’s real estate market has long been an attractive destination for property investors, offering a dynamic environment and promising returns. One popular avenue for investment in Dubai is through off-plan properties. These are properties that are purchased before they are built or completed. While this type of investment can offer several advantages, it also comes with its own set of risks. Let’s explore in detail the advantages and disadvantages of off-plan property investment in Dubai say, Omar Hussain Chicago.
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Advantages:
1. Early Bird Pricing:
One of the most significant advantages of investing in off-plan properties is the opportunity to purchase at lower prices compared to completed properties. Developers often offer attractive pricing schemes and incentives to early investors to secure funding for their projects. This can result in significant savings for investors. Additionally, buying at an early stage of development allows investors to capitalize on the property’s potential appreciation as construction progresses.
Potential for High Returns:
Off-plan properties have the potential for high returns on investment, especially in rapidly growing markets like Dubai. As the property appreciates in value during the construction phase and upon completion, investors can benefit from capital appreciation. Moreover, investing in off-plan properties at the right location and time can yield substantial rental income, particularly in areas with high demand for residential or commercial space.
Flexible Payment Plans:
Developers in Dubai typically offer flexible payment plans for off-plan properties, allowing investors to pay in installments over the construction period. This can make property ownership more accessible to a wider range of investors who may not have the full capital upfront. These payment plans often require a relatively small down payment, followed by staggered payments linked to construction milestones. Such flexibility enables investors to manage their cash flow effectively and mitigate financial risks associated with large lump-sum payments.
Choice of Units:
Investing in off-plan properties gives investors a wide selection of units to choose from, including prime locations, floor plans, and views. This flexibility allows investors to tailor their investment to their preferences and investment goals. Whether seeking a luxury apartment with panoramic views of the skyline or a commercial space in a bustling business district, off-plan properties offer a diverse range of options to suit various investment strategies and risk appetites.
Modern Amenities and Features:
Off-plan properties in Dubai often come with modern amenities and features, designed to attract buyers and tenants. These may include state-of-the-art facilities such as gyms, swimming pools, and smart home technology, enhancing the property’s appeal and rental potential. Developers strive to differentiate their projects by incorporating innovative design elements and amenities that cater to the evolving needs and preferences of residents and tenants. As a result, off-plan properties often offer a higher standard of living or working environment compared to older properties in the market.
Potential for Customization:
Investing in an off-plan property allows investors to have some degree of customization or input in the design and layout of the property. While developers typically provide standard specifications for finishes and fixtures, investors may have the option to upgrade or personalize certain aspects of the property to better suit their preferences or intended target market. This customization potential can add value to the investment by creating a unique selling proposition and attracting discerning buyers or tenants willing to pay a premium for tailored features or amenities.
Disadvantages:
Construction Delays:
One of the inherent risks of off-plan property investment is the possibility of construction delays. Delays can occur due to various factors such as regulatory approvals, funding issues, or unforeseen construction challenges. This can prolong the investment timeline and affect expected returns. Investors may incur additional costs or financing charges due to delays, and in some cases, projects may be abandoned or postponed indefinitely, leading to loss of investment capital.
Market Volatility:
Dubai’s real estate market is subject to fluctuations due to factors such as economic conditions, geopolitical events, and supply and demand dynamics. While off-plan properties may offer high returns in a booming market, they can also be susceptible to market downturns, leading to decreased property values and rental yields. Investors should carefully assess market conditions and trends before investing in off-plan properties to mitigate the risk of adverse market movements impacting their investment performance.
Developer Risk:
Investors in off-plan properties are exposed to developer risk, particularly if the developer fails to complete the project or encounters financial difficulties. This can result in the loss of investment capital or delays in property delivery, impacting the investor’s financial goals. To mitigate developer risk, investors should conduct thorough due diligence on the developer’s track record, financial stability, and reputation in the market. Investing with established developers with a proven track record of delivering quality projects on time and within budget can help minimize the risk of developer-related issues.
Uncertain Rental Yields:
While off-plan properties may offer the potential for high rental yields, the actual rental income can be uncertain until the property is completed and occupied. Factors such as market demand, competition, and rental trends can influence the rental yield, making it challenging to accurately forecast returns. Investors should conduct market research and feasibility studies to assess the demand for rental properties in the target location and evaluate the potential rental income and occupancy rates before investing in off-plan properties.
Change in Plans:
Investors purchasing off-plan properties rely on the developer’s plans and specifications. However, there is a risk of changes to the project scope, design, or features during the construction phase, which may not align with the investor’s expectations. Changes in plans can affect the property’s value, rental potential, or suitability for the intended use, leading to potential disputes or disagreements between investors and developers. To mitigate this risk, investors should carefully review the sales agreement and construction contract to ensure clarity on the project scope, specifications, and any provisions for changes or amendments.
Market Saturation and Competition:
Dubai’s real estate market has experienced rapid development and expansion in recent years, leading to increased competition and market saturation in certain segments. Off-plan properties may face competition from existing properties or other new developments in the pipeline, impacting their attractiveness to buyers or tenants. Investors should assess market dynamics and supply-demand fundamentals to identify niche opportunities or underserved segments with strong growth potential and less competition. Additionally, investors should differentiate their off-plan properties by offering unique features, amenities, or value propositions to stand out in the market and attract buyers or tenants.
Omar Hussain Chicago: Off-plan property investment in Dubai offers potential rewards but also carries inherent risks that investors should carefully consider. While off-plan properties can provide early access to prime locations, attractive pricing, and potential for high returns, investors should be aware of the risks associated with construction delays, market volatility, developer issues, uncertain rental yields, changes in plans, and market saturation. Conducting thorough due diligence, seeking professional advice, and diversifying investment portfolios can help investors mitigate risks and maximize returns in Dubai’s dynamic real estate market.
Originally Posted: https://omarhussainchicago.com/off-plan-property-investment-in-dubai/
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influencermagazineuk · 5 months ago
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Jennifer Lopez and Ben Affleck Selling $60 Million Marital Home Amid Divorce Speculations
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Jennifer Lopez and Ben Affleck are reportedly putting their $60 million Beverly Hills marital home on the market as rumors of their impending divorce circulate. Multiple sources informed TMZ that the couple has enlisted realtor Santiago Arana from The Agency to handle the sale of the home, which they purchased together last May. According to the report, Arana has been showing the property for about two weeks, but no buyers have emerged yet. The “Gigli” co-stars are said to be asking for “around $65 million” for the mansion. Despite this, Lopez and Affleck are expected to incur a financial loss of “millions of dollars” due to the broker’s commission, a new tax on high-value properties, and the substantial investments they made in home improvements, as per TMZ. Representatives for the couple have not responded to Page Six’s request for comment or confirmation. New images of the luxurious property were reportedly uploaded to the real estate marketplace site Zillow earlier this week. The Daily Mail noted that photos of the home’s interior appeared on the website on June 1 and June 5, although the mansion still shows as having been sold last year. Page Six previously reached out to Zillow for comment but did not receive a response. Lopez, 54, and Affleck, 51, bought the 43,000-square-foot house in cash for $60.85 million in May 2023, just 10 months after their Las Vegas wedding. The newly-built home boasts 17 bedrooms, 30 bathrooms, and parking for 80 vehicles. It also features an indoor sports complex, a sports bar, outdoor lounging areas, a zero-edge pool, and extensive grounds. The “Selena” star and the “Gone Girl” actor’s home has reportedly been listed as rumors of their divorce continue to grow. Affleck is said to be residing in a separate home from his wife, and Lopez was recently seen house shopping with a friend. The “Armageddon” star was also spotted without his wedding ring, adding fuel to the speculation. Last month, a source told Us Weekly that Lopez and Affleck are “on two completely different pages” now that their honeymoon phase has ended. The source claimed that the father of three “doesn’t agree with Jennifer’s lifestyle,” feels “worn down” by the marriage, and has “checked out.” Neither Lopez nor Affleck has publicly addressed the split rumors, but they have continued to present a united front. Read the full article
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inchbrickrealty · 9 months ago
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A Guide for the Legal Procedures to Buy Property in Dubai | InchBrick Realty
Are you unaware about the legal procedure to buy property in Dubai ? Are you facing difficulties in understanding the rules and regulations which are defined for buying property in Dubai?
Whether you’re from India, UK, USA or from somewhere else, Dubai gives you a warm hearted welcome with open arms. UAE, fulfil your dream of living a luxury life and owning a dream home.
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1. What Is the Law Behind Buying a Property in Dubai? 2. Difference Between Freehold and Leasehold Ownership :  3. What Are the Steps You Should Follow to Buy a Property in Dubai?
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Law №7 of 2006 stands as the primary regulation for those looking to buy property in Dubai. This legal framework not only empowers UAE and GCC residents with the right to purchase property across the entirety of Dubai but also opens avenues for foreigners. Non-citizens can acquire property in specifically designated zones classified as either freehold or leasehold.
The difference between Freehold ownership and leasehold ownership is that freehold ownership gives you full ownership of the property without any type of restriction, while on the other hand leasehold ownership allows you to own the property for a particular period of time, which can be extended up to 99 years.
Buying property in Dubai follows the same steps, whether you’re getting a home or making a real estate investment. To get a clear picture of these steps, take a closer look at the details below:
When you find the perfect property to buy in Dubai, talk to the seller about the details. You can choose to pay in cash or explore mortgage options. Even though you might not need a real estate agent or lawyer at this point, it’s essential to create a clear contract. Make sure that it clearly mentions the price, how you’ll pay, and all the important details to avoid any issues later on in the process of buying property in Dubai.
Step 2: Sign the Real Estate Sale Agreement
You can effortlessly download the sale contract (Form F), also known as a Memorandum of Understanding (MOU), directly from the official Dubai Land Department (DLD) website. Feel free to add your own terms to the contract. After setting everything up, both you and the seller should sign it in front of a witness, preferably at the Registration Trustee’s office. Additionally, a 10% security deposit on the property should be paid to the Registration Trustee, which you’ll get back once the entire transaction is successfully completed.
Step 3: Apply for No Objection Certificate
At this stage, when you’ve finalised to buy property in Dubai, have a quick conversation with the developer to secure a No Objection Certificate (NOC) and finalise the ownership transfer. If there are no outstanding service bills or charges on the property, the developer will issue the certificate, making your buying process smoother
Step 4: Transferring Ownership at the Registrar’s Office
To facilitate a seamless property transfer when you decide to buy property in Dubai, it’s crucial to have all the necessary documents in order. Whether attending in person or appointing an authorised representative, follow these straightforward steps:
Submit the required documents.
Provide a payable cheque for the dubai property price.
Present the original identification documents of both the seller and buyer (Emirates ID & passport).
Include the original No Objection Certificate (NOC).
Include the signed contract of Form F.
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4. Can You Buy Property in Dubai Without an Agent?
Yes, you can explore diverse communities when looking to buy property in Dubai. The city provides opportunities to purchase directly from developers or individuals selling their units. This flexibility allows you to choose between new developments or pre-owned properties, ensuring you find the perfect home that aligns with your preferences. Whether you’re interested in the latest amenities in a newly constructed unit or the unique charm of an established community, Dubai offers a range of options for individuals looking to buy property in Dubai.
5. Things to Consider While Buying a Property in Dubai
When considering property transactions in Dubai, it is highly recommended to exclusively engage with real estate agents registered with RERA (Real Estate Regulatory Agency).
Furthermore, documents composed in a foreign language should be attested and submitted with certified translations into Arabic.
It is essential to ensure that transactions are promptly registered within 60 days from the date of contract signing by both parties.
For foreigners looking to buy property in Dubai, several prominent freehold districts stand out, including Arabian Ranches, Palm Jumeirah, Dubai Marina, and Downtown Dubai.
At the end, here you are with all the essential information about the legal procedure to buy property in Dubai. This defined guide makes your investment easy and straightforward.
Finding the best property option is not a hassle anymore as you can have a look at the different properties for sale in Dubai on Inch & Brick Realty, one of the best Real Estate Companies in Dubai. Buy property in Dubai with a wide range of stunning properties available with Inch & Brick Realty, you can find your perfect investment and unlock the door to your dream house in Dubai.
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hakesbros · 2 years ago
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Alamo Heights Homes For Sale
Potential purchasers have the only duty of due diligence to analysis the property. Buyer's brokers must be recognized on first contact and must accompany buying prospect on first exhibiting to be allowed full payment participation and, in the occasion homes for sale san antonio tx that they involve different brokers, it will be out of their facet of the payment. If these conditions aren't met, payment participation shall be at the sole discretion of Phyllis Browning Company.
The choices are topic to errors, omissions, modifications, including value, or withdrawal without discover. Keller Williams Realty, Inc. is a real estate franchise firm. Each Keller Williams workplace is independently owned and operated. The Austin-metro space saw a 15 percent increase in the new home builders san antonio variety of million-dollar homes bought from November 2021 to October 2022. Demand in and across the metropolis, where East and West coasters are flocking because of a lower cost of dwelling, an rising tech sector and the Covid-era ability to work at home, has soared.
Niche ranks places to stay based mostly on a wide selection of factors including price of residing, colleges, health care, recreation, and weather. The median selling price of a Texas home has flattened over the previous three months, hovering round $350,000 to $360,000, an all-time high for the state. San Antonio, El Paso, Houston and the Dallas-Fort Worth metroplex all noticed double-digit development in home listings final month — and a corresponding dip in the number of homes offered. Each metro space saw fewer home gross sales within the first seven months this year compared with the same interval last year.
Founded in 1948, Ryan Homes has constructed greater than 460,000 homes. That expertise goes into each home we build - including yours. Let our staff of certified homebuilders flip a house into your house homes for sale san antonio. It could take Sonoma Ranch residents a little longer to get to the model new, hip downtown San Antonio restaurant, but that does not mean the realm would not have its own perks.
We also work behind the scenes to get rid of problems, ship a marketable title and supply a fast, seamless course of to close. Schedule a walk-through of the home you wish to sell with certainly one of our licensed, local agents who could make a dependable cash offer without the need for repairs. Gain access to our premier market the place investment properties are added every day and a extensive range of offers could be present in markets throughout the nation. Prior to adopting their tax price, the Texas Constitution requires the taxing jurisdictions to comply with legislative pointers and maintain public hearings to debate any will increase of their proposed tax rate. These legislative pointers permit residents to rollback or restrict any increases within the tax rate.
With 3,527 homes bought between November 2021 and October 2022, the Houston metro space lagged behind DFW and even the much less populated Austin metro market in the variety of luxurious sales. Finding the right funding property could be a problem. As an actual estate investment marketplace, New Western offers an unlimited inventory of curated properties to fulfill your investment methods. Stacker compiled a listing of the most effective locations to stay in Texas using information from Niche.
Visit the San Antonio Zoo, Six Flags Fiesta Texas, historic missions, SeaWorld San Antonio, the San Antonio Botanical Gardens and the Alamo. Brackingridge Park and Natural Bridge Caverns are two spots worthy of your time. San Antonio restaurants convey the flavors together with Tex-Mex, fine eating, seafood and quite so much of ethnic fare. While San Antonio is a sizeable city it comes with a pleasant demeanor, allure and facilities home builders in san antonio making it a well-liked place to quiet down. Give this Texas treasure some serious consideration for its nice new home developments. Join New Western’s nationwide marketplace of over 150,000 real property investors who’ve purchased and sold greater than $15 billion in properties since 2008.
So, loads of room to invite individuals over for a party if you need to show off the house and property. Look at these amazing photographs of this property for sale with the current listing value of $6,900,000. As the housing market cools off, that should give some reduction to renters too, mentioned Laila Assanie, a senior business economist on the Federal Reserve Bank of Dallas. Assanie expects common hire increases to drop from the crushing double-digit growth that defined the first two years of the pandemic — but remain larger than the typical will increase seen before COVID-19 hit.
You would possibly discover an opportunity to purchase a turnkey business with a longtime buyer base. We apologize, however the feature you are attempting to access is at present unavailable. We are conscious of this problem and our team is working onerous new homes san antonio to resolve the matter. A real estate agent is a REALTOR® when she or he turns into a member of the National Association of REALTORS®. The time period "REALTOR®" is a registered collective membership mark that identifies an actual property skilled who's a member of the National Association of REALTORS® and abides by its strict Code of Ethics.
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jmorrisontxrealty · 2 years ago
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Quick and easy tips for homes for sale in Fox Hollow
It is not that easy to find your dream house even if it is very challenging as well as a stress full job. Of course, you must want to get the best home that offers everything you have been looking forward to. Moreover, you of course never go for a random home that first comes to your notice as an important amount of cash is at stake. Perhaps, purchasing a home is the most luxurious investment you are going to make. So, it is essential to be additionally thoughtful to discover the home of your selection.
Go through the tips that help to discover homes for sale in Fox Hollow
Go for a renowned estate agent
Without proper or no experience, you may not be capable to find your dream home. Though you may not have any cluehow to start. Moreover, be sure cannot ramble around the town seeing for boards of homes for sale in Fox Hollow.
It is not a possible idea. You will merely end up wasting your time, cash, and energy. Here, a reputed estate agent can provocatively assist you in finding Exalt realty for sale. They have substantial experience and know-how about the properties that are obtainable for sale. In fact, they get instantaneous information about the properties that are put up for sale via networking.
Go through the internet              
With the ready obtainability of the online average, you can even take its help to check for the best real estate websites that offer homes in the areas of your excellence. From the eases of your home, you can find info about real estate websites and sightsee them to look for dissimilar homes for sale in Fox Hollow.
Consider the aforesaid tips to find your dream home. You will get the home of your excellent in the vicinity of your preference. You can then acquire the home and happily move into it with your family.
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onehollandvillage6 · 2 years ago
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Choosing a Condominium As An Expenditure
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one holland village showflat
Many people get vibrant by investing in properties. If you want to get full the safe manner, you can invest in condo properties. Investing in a residence is better than investing in companies. If you invest your hard earned cash in stocks, chances are you'll lose it as soon as stocks market collapses. Stocks market rises and down regularly and it can fail one day. The value for the apartment can boost after a few years and you can offer for sale it for an abundance of funds in the market. If you don't prefer to sell the dwelling, you can rent the idea out to tenants. By renting out there the apartments, it is also possible to collect rent every 4 weeks and earn revenue. You can increase the benefits of your condominium simply by renovating it. With this, you will be able to sell that out to another someone for more money. Commonly, the condominium cost will increase by a number of times after some - 5 several years.
one holland village showflat
You can invest in a condo in foreign area such as Thailand. Your condominium in such lands is cheaper compare and contrast to the condominium in the usa. You can get a high quality residence at a much lower priced price. If you are to put the same amount of money in a very condominium in the United States, you most likely won't be able to obtain a condominium that is for the reason that high quality as the condo in Thailand. Various condominiums in Thailand are luxurious in addition to readily furnished. Consequently , you don't need to spend money to invest in furniture anymore. Many of the facilities you need seem to be built for you. Many of the facilities that you can look for include swimming pools, carpark, tennis court along with etc .
When purchasing for the condominium product, be sure to get guide from a local realtor. The local real estate agent is normally knowledgeable in finding the right condominium unit. You'll be able to tell the real home agent about the form of condominium you want to pay for. The real estate real estate agent can search that database and fast find the condominium equipment that suits a need. You must be sure that the developer within the real estate is well-performing. If the condominium asset developer is trusted, you don't have to worry that this money will damaged or lost because they will surely entire the building mission. If the developer doesn't possess any reputation, it's not possible to simply trust these individuals that they will complete this building project. You should check the portfolio in the real estate developer prior to when making a decision.
Nowadays, various developers have sites. You can visit their web pages to find out a list of modern condominium projects. You can discover out the popular features of the condominium assignments. You will find comprehensive information on the condominium plans including floor ideas, condominium facilities, together with etc . If you are your foreigner, you have to acquire a mortgage. You need to seek the services of a reputable law firm so that they can buy the condominium property or home. If you are purchasing some sort of off plan apartment, it is recommended that you get legal services from the lawyer earliest.
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havenhomes · 2 months ago
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Apartments for Sale in Abu Dhabi with Installment Plans: Flexible Payment Options
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Apartments for sale in Abu Dhabi in installments For those looking to invest in Abu Dhabi’s vibrant real estate market without paying the full cost upfront, apartments for sale in installments offer an appealing and practical solution. This financial arrangement is particularly advantageous for expatriates and local residents who prefer to manage their cash flow more effectively while investing in property.
Purchasing apartments for sale in Abu Dhabi in installments allows buyers to spread the cost of their new home into manageable payments. This approach is especially attractive in a thriving real estate sector like Abu Dhabi’s, which offers a diverse range of residential properties, from luxurious waterfront apartments to more affordable, budget-friendly options.
When exploring installment plans for apartments in Abu Dhabi, potential buyers will find that many developers offer customized payment plans designed to suit different budgets and financial situations. These installment options are often provided directly by the developers and may also be supported through partnerships with financial institutions, offering greater flexibility in terms of payment schedules and interest rates.
This method of purchasing not only reduces the initial financial strain but also aligns with the buyer’s long-term financial planning. Paying for an apartment in installments can synchronize with personal financial growth, making it easier to afford the property as one’s income potentially increases over time. Additionally, it allows investors to leverage their capital by allocating funds to other investments while gradually paying off their property.
#haven_homes #uae
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notebooknebula · 4 years ago
Video
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Step By Step Guide to $89,000 Deal With Jay Conner
https://www.jayconner.com/step-by-step-guide-to-89000-deal-with-jay-conner/
For today’s episode of Real Estate Investing with Jay Conner, he will teach his viewers and listeners the step by step process of how to make a profit of $89,000 that he actually earned on his recent deal.
For this specific deal, the house is located at 108 Fern Court. It’s a beautiful home over in the resort area. Jay bought this house 3 weeks ago and they are already finishing the rehab next week.
First the numbers: he bought this house for $266,000, with a rehab cost of $20,000.
The After Repair Value (ARV) is $375,000.
Let us pretend that Jay did not buy this house yet. Here is the possible Maximum Allowable Offer (MAO) for this house, $300,000.00 minus repairs of $20,000 that will be a total of $280,000 for MAO.
But sometimes there are also some unexpected repairs that you did not count on. So to cover this Jay always prepares a buffer of $10,000. By doing this, it will give him the most decent amount that he will pay.
So the amount now that Jay would almost pay is $270,000. But how much did he actually pay?
Yes, $266,000! He actually paid less than $4000 than what his formula for getting the MAO calls for.
But this is not the end yet, If you want to know the full details of this deal, and want to learn how he earned $89,000 on this deal, just watch the video.
If you want to learn how to get funding for your deals using private money, get on over www.JayConner.com/trial for 30 days of free access to Private Money Academy.
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Free Webinar: http://bit.ly/jaymoneypodcast
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
#RealEstate #PrivateMoney #FlipYourHouse
What is Real Estate Investing? Live Cashflow Conference
https://youtu.be/QyeBbDOF4wo
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Scott Patton (00:09):
You can start.
Jay Conner (00:10):
Oh, I thought so. You’re not doing that other intro like you used to?
Scott Patton (00:13):
No, you’re getting it, then you’re going to stop and then we’re going to have the video.
Jay Conner (00:21):
So am I just doing the hook?
Scott Patton (00:23):
You’re just doing the hook.
Jay Conner (00:24):
You said it was all together.
Scott Patton (00:26):
It is all together. We’re not, we’re not stopping.
Jay Conner (00:28):
Alright, I’m gonna do the hook and then you’re going to.
Scott Patton (00:34):
We’re live, but we’re talking anyways, so might as well come here.
Jay Conner (00:37):
Who cares.
Scott Patton (00:37):
That’s right. So you’re going to do your amazing hook and then there’s going to be this beautiful boom picture video come on for like two seconds or three seconds or five seconds. And then you’re going to start.
Jay Conner (00:50):
Okay. That’s the video you’re going to play, you somewhat play the video. I don’t know what you’re talking about. You talking about the one that was normally first.
Jay Conner (00:59):
Wow. Okay. I’m ready. Maybe we got some folks watching our craziness here on the left.
Scott Patton (01:07):
Three people.
Jay Conner (01:07):
Hey, everybody it’s like, I’m getting my act together here. I’m trying to get over COVID okay. All right here we go.
Scott Patton (01:15):
I have no excuse.
Jay Conner (01:19):
So, Tell me when to go, Scott.
Scott Patton (01:20):
Alright, here we go. Five, four, three.
Jay Conner (01:27):
If you’re interested in learning, step-by-step how I made $89,000 profit on my most recent real estate deal. Stay tuned.
Jay Conner (01:46):
Well, all right folks, I have got a present for you. That’s right. Just for tuning in ere you may be watching on the live stream, or you may be watching us on YouTube, or you may be listening to us on iTunes, Google play, whatever. Doesn’t matter how you’re tuning in I’m Jay Conner the Private Money Authority, and I’ve got a gift for you. And that is as, if you are interested in getting funding for your deals without relying on banks, without relying on any kind of institutional money, then I have got a free two week trial for you to come check me out at the Private Money Academy membership. And at the Academy membership, we go live twice a month on Zoom coaching calls. And we’ve got right now almost 200 Private Money Academy members. And we interview my successful students. Talk about how we find deals, how we got our deals funded and et cetera.
Jay Conner (02:45):
So here’s how you can come join the party. In fact, if you’re watching live, the very next one is tomorrow afternoon, Wednesday at 4:00 PM Eastern time. And here’s how you can get invited get right on over folks to after finished to www.JayConner.com/Trial. If you’re brand new to the show Real Estate Investing with Jay Conner, we talk about all things that relate to real estate investing. We talked about single family deals, commercial deals, self storage land, and all the above and all the below. So listen folks, if you’re brand new and we really appreciate it for you to subscribe, rate and review, like and share if you’re on YouTube, be sure to subscribe and hit that little ring, that little bell button so that when we go live, you don’t miss out on all this Real Estate Investing education.
Jay Conner (03:53):
Again, if you’re new, the reason I’m known as the Private Money Authority is because from 2003 to 2009, when Carol joy and I started investing in single family houses, we’ve rehabbed over 400 of them now, here in Eastern North Carolina, I relied on local banks and mortgage companies to fund our deals for the first six years. And in January, 2009, I got cut off from the banks with no notice along with the rest of the world. So I had to find a better way. And I was introduced to this wonderful world of Private Money, which again, it’s got nothing to do with banks, nothing to do with any kind of institutional money. It’s got nothing to do with hard money. I’m not talking hard money. I’m talking private, private money, which is very, very different. So I’ve got Carol Joy, I’ve got 40 some private lenders right now funding our deals.
Jay Conner (04:46):
And we always come home with a big check. When we buy a house, we never have to take any of our own money to closing. So again, if you want to learn those types of techniques and strategies, when we finish, get and come on over to the free trial again at www.JayConner.com/Trial. What’s on today’s show? We are talking deals to be specific. We’re talking about a specific deal. So when I opened up, I said to stay tuned. If you’re interested in learning how I am making I’m in the process of making $89,000 profit, less carrying cost on this particular house. So first I want to give you the numbers on this deal. So the house is located right here in Pando Shores at 108 Fern court, So let’s go over the numbers first.
Jay Conner (05:41):
So if we’re watching there on the video, Scott, I’m gonna let you put the numbers up in the order that we went over them. So I want you all to be taking notes and writing this down. So I bought this house beautiful home over in the resort area over on the Island. I just purchased it and listen, folks. I just bought this house three weeks ago tomorrow. I’ve had it less than three weeks and we’re going to be finishing the rehab. My crew leader just told me next week. So we bought it for 266,000, the rehab right around $20,000. So this is not a big, huge, you know, I mean, this is all cosmetic. We’re putting down brand new luxury vinyl plank flooring throughout the house. No carpet, no carpet whatsoever, all new luxury vinyl plank there’s beautiful tile in the kitchen that we’re going to keep.
Jay Conner (06:40):
The home is not that old. It was recently just built a few years ago. It’s got really, really high end granite countertops that we don’t have to touch. So we’re doing only flooring throughout. The square footage on this home is right around 1600 square feet or so. We’re doing all new interior paint my lands! they did have some outlandish colors going on in this house. So we’re doing only paint. And of course I don’t pick out the paint, Carol Joy don’t pick out the paint. We got Beth Garner, our interior designer. That’s been with us ever since 2004. She picks out all the colors. The cabinets are really nice, high-end cabinets in this house. But the, it looked like the paint had faded. I mean, the canbinets almost looked like a little dingy yellow. I don’t know what was going on.
Jay Conner (07:36):
So we’re just painting those cabinets, white. And again the, I mean, those are the major items we’re doing all new light fixtures, all new switch plates, new vent covers, we’re painting the garage floor. We paint all of our garage floors and they look brand new. So again, it’s gonna be a quick rehab, bought it for 266. Rehab is right around 20. In fact, it could end up being closer to 15. I don’t think we’re going to hit 20, but Murphy shows up in every house, right? The after repaired value, the ARD, the after repaired value on this house is $375,000. So let’s run these numbers and see what it looks like. So our next numbers, let’s just pretend that I hadn’t bought this house yet. So let’s go over what the maximum allowable offer would be on this house.
Jay Conner (08:31):
So remember you’re using, we only use Mayo maximum level of offer when you are paying all cash for a house. So the maximum allowable offer to figure out what’s the most you would pay for this house. You take the ARD the after repaired value. And when the ARD is over $300,000, we multiply times 80%. Now, when the ARD is under 300,000, we multiply times 70 percent, right? So we take 375,000, that’s the after repaired value. And you know, our definition of after repaired value is this home is going to look brand new. We’re going to have new landscaping upfront, absolutely beautiful. So you take 375,000 multiply that time 80% because the ARD the 375 is higher than 300, that equals $300,000. Now we’re figuring up what would be our maximum offer on this house. Then we take the 300,000 and you subtract the repairs.
Jay Conner (09:32):
So our repairs on the high end are going to be around 20. So we subtract 20 away from the previous number. Now, the maximum allowable offer is $280,000, but we’re not finished. I never offer Mayo. Does Murphy live in every house? Yes, Murphy lives in every house. Sometimes Murphy’s cousins, grandparents show up. And you know what I’m talking about, I’m talking about the unexpected repairs that you didn’t count on. So I was buffering at least an additional $10,000 on any house that I’m buying to make sure I’m covering the unexpected. Then that actually gives me what’s the most I would pay. So the most I would pay would be 270,000. Remember that Mayo maximum level offer was 280,000, less than additional 10 to 70 would be the most I’d pay. And how much did I pay? 266,000. So I actually paid $4,000 less than what my formula calls for.
Jay Conner (10:39):
So I actually have $14,000 built in here in this deal for the unexpected. So there’s the numbers. So now let’s talk, talk about how so that’s right. $89,000 is the profit. And of course, do you have to subtract carrying costs, which are private lender, you know, interest, insurance taxes, I don’t know, number to put in exactly procuring cost. Cause I don’t know exactly how long I’m going to have this house, but my exit strategy is I’m going to put her in the multiple listing service and sell it like that. In this hot market. My lands inventory is so, so scarce, I mean, I just put a house on the market last week, over here in Beaufort, small house, 1,350 square feet. I put it in the market for 239,900 in two hours. We had four showings already scheduled, lined up. And the offer that I got was actually more than the list price.
Jay Conner (11:37):
In fact, I never had an offer like this. They said, I you’ll accepted our offer. When we get the home inspection done anything that costs less than a thousand dollars, we want to ask you to fix it or do anything. Well, they shouldn’t find much of anything cause it was a complete rehab. Back to Fern Court. How did I find deal? Using my Foreclosure System, using my Foreclosure System? What in the world is that? my Foreclosure System is a system that Carol Joy and I started putting together back in 2004 where we track every foreclosure open file in our target market, here in Eastern North Carolina. Well, this we were tracking, this is one of the open files. And so the people there was another bid. So the bank had an opening bid, then somebody else bid and they won the bid. Well, here in North Carolina, we have this thing called the 10 day upset period.
Jay Conner (12:36):
And so that means anybody within 10 calendar days can come in, upset the bid by at least 5%. And that just goes on to infinity until everybody stops bidding. So I upset their bid and I’m sure it made them upset, right? So anyway, I upset their bid and they did not come back and upset my bid. So we were the winning bidder on this house. So again, using my Foreclosure System, we were able to track all that and not miss out on any opportunities. Now, how did I fund this deal? Private money. You see you may be familiar with buying a house subject to the existing note. Couldn’t buy this house subject to the existing note because it was vacant. It’s already gone through the foreclosure process. And the only way that you can buy the foreclosures like this is you’ve got to have all the cash lined up, ready to buy.
Jay Conner (13:33):
So if I didn’t have private money sitting on the shelf ready to go from one of my private lenders, I would have missed out on this deal. So I had to close within 10 days. And of course that’s more than plenty of time when you’re working in this world of private money to get your deal funded. So lessons learned had to have private money ready to go. I used my tracking system, the Foreclosure System, not to miss out on this deal. And then when it comes to the rehab, if you’re going to be doing any rehabbing, you’ve got to have a relationship with fantastic general contractor or general contractors. Now in mine Carol Joy’s world, we work with general contractors and we have our own crews as well that have been working with us. This particular house is being rehabbed by one of our crews.
Jay Conner (14:29):
But if you’re just starting out, don’t get your own crew. You want to do business with a general contractor. That’s proven to have an excellent reputation. So there you have it folks, 108 Fern Court, $89,000, profit, less the carrying costs. And I see we’ve had a question come in here from, hello, Jesse. So glad to have you here on the show. Jesse says, have you ever used Fund and Grow zero interest business credit cards and Jesse, Yes. A long time ago. In fact, I know the founder of that company, Mike Banks, he and I are in a Mastermind group together. And they really are a good company. They’re a good company to work with. One downside is, is there is going to be a limit to the amount of money Jessie that you can get. Here in this world of Private Money, there is no limit to the number of lenders you can do business with.
Jay Conner (15:28):
There’s no limit to the amount of money that you can borrow. So, excellent question, Jesse. Thank you for chiming in there. There you have it folks. 108 Fern Court, $89,000, profit, less carrying costs. And again, I’d love for you all to come join me a couple of times a month in the Private Money Academy membership. And you can get right on right where they are right now. Since we’re wrapping up this show right now to www.JayConner.com/Trial. You all have a good one. I’m Jay Conner, the Private Money Authority wishing you all the best and here’s to taking your Real Estate Investing business to the next level. I’ll see you on the next Zoom coaching call for Private Money Academy membership attendees. See you there on the inside.
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dnthomebuyersnj · 3 years ago
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5 Best Ways To Buy Houses Near Me
Selling your property is a challenging task that we bet all homeowners can relate to, what makes it even more nerve-wracking is when you are bound by critical finances or when you happen to be in a time crunch. Overall the process is sometimes overlooked as exhausting and almost impossible. However, it may not always be as bad as you think it is, in fact with the right strategies not only will you be able to sell your home fast but you can also close a pretty solid deal with some staggering figures. 
So how is that all possible and is it always worth the effort? Well to be fair, with numerous listings pulling up every day and prospects who are constantly in search of buying a house, you still have a pretty good chance at locking a great deal- THAT IS if you are able to make the most out of your listing, like by following some of the tips mentioned below.
Setting A Market Worthy Price 
The first step to selling your house fast is to make your major breakthrough in the real estate market with your listing. Notice how there’s always that one listing that gets people talking about how it’s either ‘crazy expensive,’ super luxurious,’ ‘pretty affordable,’ etc. Make sure the price you set has the WOW factor for whatsoever reasons. It does not necessarily have to be low, but placing a good value on it can attract a lot of customers.
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A good trick is to be clever with how you price your home. For instance, instead of setting a $300,000 rate, set it somewhere between ‘$299,000-$299,999.’ This will allow your property to NOT go unnoticed by those who use price filters for under ‘$300,000.’
Similarly, you must ensure that you price your home for what it is worth. Underestimating or overestimating it can impact the actual sale of your home. Here’s a smart move, do some research online or within your neighborhood to know more about the property prices that prevail in the market, then ask yourself ‘How much would potential prospects be willing to spend to buy houses near me?’ The answer to that should give you a ballpark price range for your home. 
Identifying Your Customer Base
After you’ve set a price the next thing you should do is, identify the exact target audience you want to sell to. While you could go around approaching every potential prospect you may end up wasting a lot more time than you anticipated. If you’re in a time crunch the better thing to do would be to narrow down your options to ‘who’s most likely to’  from ‘who’s (just) interested in.’ This will save you a lot on your resources and can help you close a deal instantly. 
Consider selling to your local neighborhood first, in fact, some research indicates home seekers are most likely to relocate close by, which means the customers closest to convert happen to be your very own neighbors! Make the most out of this by optimizing your selling strategy and directing it to your neighborhood. However, you can always choose to go beyond that as per your preference in case you feel the more people are aware of your listing the better. This may depend on your property and how well it goes with the basic needs of some home buyers in New Jersey.
Reaching Out To Potential Prospects
Once you have established a customer base it is time to go all out in terms of reaching out to them. If you are catering solely to your neighborhood consider placing flyers all around and maybe even a notice on the local supermarket. Spread the message through word of mouth and don’t hesitate to conduct individual property showings or even hosting an open house day. If the pandemic is creating hindrances you always have the option to host live house tours on social media. Ask a friend or realtor to help you out in terms of broadcasting it to their followers.
You may also leverage the power and additional benefits of social media by promoting your listing so your potential target may come across it. Of course, it helps if you use a digital marketing team to help you with that, especially if you want to create an attractive advertisement.
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Creating The Perfect Listing
Add curb appeal by taking some picture-perfect photos, invest in a professional photographer if you have to. For what it’s worth you’ll end up with presentable, high-res photos rather than (possibly) ordinary-looking photos captured off of your phone. Top off your listing with a great description that covers everything in depth but keep it brief. Remember it is a listing, not an essay. Don’t forget to highlight the main features of the home and why your property is something homeowners NEED!
Use Incentives To Close A Deal 
Now that you’ve finally found the near-perfect deal, it is time to negotiate. It is best to keep a set figure in mind in terms of how low you’re willing to go. If you’re hesitant with negotiation throw in an incentive. For example, if you find a prospect who prefers to buy homes for cash rather than installments, why not choose to sweeten the deal with them? Offer them convenience by omitting any unnecessary documentation or maybe leave out a furniture item the prospect really admired in your home. The way you choose to do it is up to you, but it sure does make a difference if you wish to close a deal for good.
Get In Touch With Professional Home Buyers In New Jersey 
Lastly, if nothing seems to work and you can’t get rid of your property, don’t sweat! DNT home buyers can be your savior. You don’t have to be distressed if you’re looking for a quick deal due to family commitments, the need to relocate due to a job or growing family, financial constraints, etc. We buy houses NJ, all the time! Whether it is a distressed property or one that needs a fixer-upper, know that we buy as/is, without the need for any repairs! Additionally, like most professional home buyers in the US, we too offer full cash settlements and throw in a purchase date of your choice. We happen to be one of the top-performing New Jersey-based home buyers possessing tons of experience and knowledge about the NJ real estate industry.
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lanaisnotwool · 4 years ago
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414 Using Meetups to Grow Your Business - Interview with Adam Adams
http://moneyripples.com/2020/08/14/414-using-meetups-to-grow-your-business-interview-with-adam-adams/
Could creating a meetup group cause massive growth in your business?
Adam A. Adams, also known in the real estate community as Triple-A, has educated thousands of investors through real estate conferences, radio & podcast interviews, his coaching program, and his thriving Meetup group.
Adam hosts the Creative Real Estate Podcast, a podcast listened to around the world, with hundreds of thousands of downloads. His efforts to educate and inspire other investors have earned him the prestigious title “Master Investor” by Think Realty magazine and he is also a three-time Hall of Fame winner from RE Mentor for his successes in multifamily syndications.
In 2005, Adam took the plunge into part-time real estate investing, but it quickly became his full-time passion!
Today Adam is partnered in 7 multifamily syndications with approximately 1,400 doors valued slightly over $100 million. His company, BlueSpruce Holdings, focuses on finding and managing apartment communities to allow passive investors diversification, cash flow, tax benefits, and freedom of time.
Adam’s primary role in the company is to attract capital, successfully raising millions of dollars from private investors. He continues to grow his company’s brand as one of the top syndication teams in the United States.
Listen to our Podcast here:
https://www.blogtalkradio.com/moneyripples/2020/07/03/414--using-meetups-to-grow-your-business-interview-with-adam-adams
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Chris Miles (00:00): Well, hello, my fellow Ripplers! This is Chris Miles. Your Cash Flow Expert and Anti-Financial Advisor. We want to welcome you out guys for a wonderful show. A show that's for you and about you. Those of you that work so freaking hard for your money, and you're now ready for your money to start working harder for you. Today! You want that freedom. That cash flow. That prosperity. Right now! Not 30 or 40 bazillion years from now, but right now. So you can have that life of freedom to be able to do what you love. To be with those you love. Whenever the heck you want to do it. But it's so much more than just having a life of luxury, right? It's so much more than just, you know, having great cash flow and being financially free. But it's about having that life of legacy. Being that Rippler. Where you create a ripple effect to the lives of those around you. And guys, I appreciate it so much for allowing me to create a ripple effect through you guys.
Chris Miles (00:56): Cause you guys have been awesome. I love hearing how much you guys are bingeing lately, and you've been sharing it with other people and everything else. I love watching those numbers grow. So I appreciate it so much that you guys are a part of this movement. Allowing this ripple effect to go through so many lives, if not thousands, the hundreds of thousands. So thank you so much guys.
Chris Miles (01:13): As a reminder, you can check out our website, MoneyRipples.Com There you can go and see all of the good stuff. You know, everything from, you know, blogs from a couple of years ago that I occasionally write. Do even our little ebook called Beyond Rice & Beans, Seven Secrets to Free Up Cash Today. Which you can see there now. So check it out! Alright!
Chris Miles (01:33): So today I want to bring on a special guest because this is the guy that, I've been on his show as well. But man, he had a reputation that proceeded himself and it finally had the opportunity to have him on our show. I can't believe I didn't, I've taken it, taken me this long to even get him on here. So this guy is Adam Adams. Some of you guys might know if you're in the real estate community already. He's also known as Triple A, right? He's educated thousands of investors to real estate conferences, podcasts and radio interviews, coaching programs, his meetup groups and everything. Right? He's also the creative real estate podcast that I ever suggest you guys go check out. His let's do around the world has hundreds of thousands downloads as well. His effort to educate and inspire other investors had earned him the prestigious title of Master Investor by Think Realty Magazine. And he's also a three-time hall of fame winner of RE Mentor for his success in multifamily syndication's. Meetup.com has also recognized him as one of the top six meetup organizers in the world in 2018 guys. Which is going to be part of our topic today. He took the plunge and decided to go part time real estate investing, but it quickly became a full time passion for him. Today he's partnering in seven multifamily syndications with approximately 1400 doors valued at slightly over a hundred million dollars. His company, BlueSpruce Holdings, focused on finding and managing apartment communities to allow passive investor diversification, cash flow, tax benefits, and freedom of time. So guys, this is huge! So excited to have Adam on. So Adam, welcome to our show!
Adam Adams (03:01): Thank you so much for having me. And as you said, I've had you on our show a couple of times. So we really like and respect what you're doing, Chris.
Chris Miles (03:09): Yeah, absolutely man. So, give us a little background, like why'd you even go the real estate route in the first place?
Adam Adams (03:14): I went real estate because of my family. I grew up doing real estate. So it seemed like a normal thing. So I had one of those unique childhoods where a lot of people grow up and real estate seems like a far off thing. I was almost pushing it away because it was so close. My dad was always saying, you're going to do this. You're going to do this. You got to save 10%. You got to invest 10%. And so it was actually in college when he first purchased my first real estate for me, then his CPA told him that he, I had to buy it back from him or else he was going to pay a lot in taxes. So yeah, fun stuff. When you're a college student and barely making your books to have to pay for real estate. But with the cool thing is I made a 12000% return on my money within two years.
Adam Adams (04:03): And so in 2007, two years later after selling that I had more money in the bank than I had ever made in an entire year before that. And so I was thinking to myself, well, I'm going to have to figure out how to really make this real estate thing work for me. I was going to school for music education. I'm a musician. Been writing music since I was very young. And it was that time when I decided that I'm probably not going to be a teacher because this was a whole years of teacher salary already. So I decided that that was what I was going to focus on. So I bought my first, my first triplex, I lived in it house hacked. Made some money in it. Managed some other properties. Made somebody a couple of million bucks fast. And it was like, I couldn't get away from it. I couldn't get away from it. So fast forward, 15 years. And now I have over a thousand apartments that I'm partnered in and loving every minute of it.
Chris Miles (05:06): I love it, man! Man. So what, so tell us, like, obviously you've got a huge reputation for, like, you know, social media. You got this reputation for marketing. I mean, you even got asked to speak at the meetup conference, right? You made a global conference there as one of the top six speakers there, right? Like what they, how'd you even go the marketing route, like, was that just stumbled on by accident or is that just something that you just seem to master really naturally?
Adam Adams (05:31): That's a really good question. I feel like it was essential for me to learn it because when I was getting started in real estate, you know, and when I was starting to raise equity, I felt as though I was being drowned out completely by a lot of other noise and some of it was loud, you know, Grant Cardone is loud. And he's drowning out a lot of the people that want to be in real estate or marketing or branding. And I felt that it was just necessary to figure out how I could start standing out. And I stumbled across some of it by accident. Like with the meetups that you mentioned, I was brand new to Colorado. I had just moved here to Colorado five years ago. And when I got here, I didn't really know anyone.
Adam Adams (06:31): I felt brand new and I felt like someone told me your network is your net worth. And so with the marketing and branding, I remember thinking, I've got to figure out how to grow a network in a new place. And it was actually my mother in law who said that meetup was a place that you could kind of grow your brand and get to know people in a new place. So I just started to meetup. I literally just, you know, I don't suggest this to other people ready, fire aim. I always say ready, aim, fire, take the time to really figure it out. Yeah. And especially now that I can help other people do the same thing. I want them to skip their learning curve, but I just, I jumped into it. And the marketing I learned over time because in the beginning I only had a couple of people showing up.
Adam Adams (07:25): And the only way on meetups that I could have more people come to the group is if I spent extra time in the back. In, what is it in the background. Actually marketing the meetup. And I did things like take pictures while I was there. Write stories about people that attend, because I felt like if, if other people that were going through the same thing knew that there was people like them attending my meetup, that would help them think, Oh, I should come to this meetup too. That guy had my problem. And now he's successful. So I just started marketing, branding and throwing this out in, like you said, a couple years later, meetup HQ flew me out to speak to 150 of their top people. And that was a lot of fun. So in short I stumbled across it. Yes. I learned the hard way. Yes. And then I realized that if you don't take the time to market and brand who you are and what you're doing, people are just going to go to the other people that they're hearing marketing brand, who they are and what they're doing.
Chris Miles (08:35): Well, that's kind of, I was going to ask you is like, whether someone's in a real estate investor or if they are a business owner, right? I know cause we've got different people on this show. You know, why do they feel so important that they do brand themselves or market themselves and have this kind of influence?
Adam Adams (08:49): Yeah. Well, if they are a real estate investor and they're looking for deals, it's the main thing that is brought my company deals. And so here you go, this is the best way to sum it up. People do business with people that they know like and trust, right? And we all know that. And if 10 people know you, what's the most amount of people that could ever like you or trust you? The max. So if you want to build a funnel, people are talking a lot about funnels these days. So a lot of people think it's just a website. A funnel is a lot more than a website. A website is a piece, a small piece of a funnel. But if you want people to know you so that they can like you so that they can trust you so that they can invest passively in your deal or give you the next deal that they find where you need to close it or just do business with you. Then you got to have a lot of people knowing you. And to do that, you have to, I call it the four pillars just to brief it out.
Adam Adams (09:53): You got to have some type of thought leadership. There's five different thought leadership platforms we could talk about. You got to have some type of live event where you're meeting people in person and getting to know them. You gotta do something on your social media, where people, when they search for you, they literally can find you because these days, if they don't see you on LinkedIn or Facebook within the first five minutes of searching, they immediately go to the next person. So you gotta be active. And then the fourth one is your, I call it a Lead Magnet, which is some type of giveaway that helps your perfect person, that either will invest in your deal or do business with you to be able to convert from knowing you into starting to trust you. Right? So those are my four pillars and they're really, really important. You got to do all four of them and the meetups, the live events, I've raised $4.2 million for our apartments for my real estate deals have come. I can count exactly that amount of money just from the meetups. We've had a few million from the podcast too, but it's interesting how effective the meetup groups have been.
Chris Miles (11:09): It's interesting too, because I know a lot of, especially real estate investors out there will think the meetup groups are like a complete waste of time. They're like, Oh, don't even go to those things. There's just a bunch of wannabe investors there. Nobody really of good value. And you're completely flipping that upside down and say, no, absolutely. It's one of the best places to be, right?
Adam Adams (11:29): Yeah. Well, but you're right. There's a ton of people that say, don't go to meetups. And I actually think, I'm going to be honest. Most of them are correct. Don't go to meetups! Going to meetups is completely different than hosting meetups.
Chris Miles (11:46): Interesting.
Adam Adams (11:47): When you, let's just pretend like you're new, you have money and you're going to a meetup. You see 30 people, 30 different people. You've got a leader or maybe two leaders and 28 other people besides yourself. Yeah. The first person you're going to decide to know like, and trust the first person is probably going to be who? Not one of the 28.
Chris Miles (12:12): Right.
Adam Adams (12:13): It'd be one of the leaders, at least the leader or two. So when you're hosting these events, you get the deals before anyone else in the room. Cause people are able to see your track record. When you come to a place like you don't know anyone else's track record, but these people that are established, they've been running the meetup for a little while. You tend to trust them. You tend to believe that they can close. And so if you're asking, should I attend meetups? Yeah. Maybe not. Maybe not attend. But if you're asking, if you should host a meetup, like run it, be the organizer. You're going to get massive, massive value. I look at our group, it's a, it was a lunch club. I mean, it's still a lunch club, but now we, it's corona virus. And we don't have lunch during lunch club cause we're a virtual, but we started out just meeting at lunch and I never imagined how many people would be able to come to one of these. But we got up, up to a hundred plus every single week, 176 at the top. And those people are rarely doing as many deals with each other as they are doing deals with me. That's why I've been able to raise 4.2 that I can solidly say came directly from as a result of my lunch club. So yeah, let's just differentiate this in our minds. There is a complete difference. You can either attend or you can host and you'll get the value when you host a meetup.
Chris Miles (13:44): And that sounds like a lot of work. Do you think it's like a massive amount of work? Do you think it would be simplified?
Adam Adams (13:49): It's in general, a lot of work and a lot of people say it's a lot of work, but because you asked that question, I can share really good tool that has helped me to be able to simplify it. So in 2018, the same year that meetup HQ flew me out to speak. That year I hosted over 220 meetups, 220, like it was four or five or six every single week. And it was a part time job for my assistant and a part time job for me. So there was a lot of work to host 220, but what we found, what we learned halfway through that year is how to really solidly make it easy on us.
Adam Adams (14:36): So here's the tip trick and strategy. Grab some type of Excel spreadsheet and you're going to have the horizontals and the verticals at the same time. Right. And so what you'll, what you want to do is first you're going to book, you're going to block out your calendar. Let's just pretend like you're not going to go 200. Let's just do, let's just pretend like you're going to do 52 and you can do 12 if you want, but let's just pretend you're going to do 52. Every single week, always on Thursday or something like that. What you'll do is you'll actually start writing out the dates. Thursday, January 5th, Thursday, January 12th. And you just keep going. And so now you've blocked out the dates. The second part you do is you block out the venue. So you figure out, you start thinking ahead of time, what venues will I want to be at this year?
Adam Adams (15:29): So if you pick, if you have four venues, you'll call all of them. And you'll say I have 13 different places that I need to come and visit you this year. And I want to block all of them out all at one time. And you'll call the second one and block the other 13. The third one blocked the other 13. The next step you'll do is you'll start writing out the topics that you're going to want. Now I mentioned that I kind of go to four different events. I kind of, I do that on purpose. So, so I'm in the Denver area. So a quarter of what I do is it near Boulder. There's a lot of money in Boulder. A quarter of what I do is in another area, another and another, some of it is downtown Denver because I get the biggest amount of people to come to Denver.
Adam Adams (16:19): And so I'll kind of go all over, but I'll call that ahead of time. And so step, I think we're in step two. All we're doing is writing out the topics. So if I'm going to be in Boulder, I want my topics to be around. How do you invest in notes? Or how do you become a safe, private money lender? Because I want to attract people that have a lot of capital from Boulder to come out of the woodworks and say, this is for me because the, in Boulder, the billionaires are now currently kicking out the millionaires. That's kind of what's going on in Boulder. So, so that's what we'll do there. And then we'll do other things in, in like Denver. We'll do a lot of fix and flip workshops in Denver and et cetera. Now that I've have all 52 topics figured out, which actually is easier than you think.
Adam Adams (17:14): When you allow yourself 10 minutes to brain dump, you can get all 52 out. Well, that's what we do. And then once you've done that, then you select your speakers. Before they ever know. You've already got the date, the time, the topic. All figured out and you call your, and now you figure out the speakers. And then what I'm going to do is I'm going to call Chris Miles and I'm going to say, Chris, I have on July 3rd, I've got 52 events I'm hosting next year. And I've got an opening on July 3rd. And it's specifically for somebody who understands how to utilize a thing called a personal bank on yourself. How do you do infinite banking? And I have two or three people in mind, but you're really my favorite, Chris. And I wondered, do you think you could come on July 3rd to present this?
Adam Adams (18:07): Or should I call one of the other experts? Well, every single time you give that pitch, Chris Miles or whoever you're talking to is like, no, no, no, no, don't do it. I'll figure out how to get there on July 3rd. And so, you've solved a lot of time and attention and it's all out ready for you. And the second tip with this way to fill these out, you put them into meetup and you publish them, but there's a separate term for an actually announcing it to the list. So if you do 52 of these, you'll actually publish all of them in just one day. You'll easily be able to do that. But when you announce them, you announce them just a couple of weeks before. You'll announce every week you just click announce. That's all you gotta do. So your life is much easier later on. You create all the image cards ahead of time. So in about a week or two on the big end, if you're doing 52 of these next year. In about a week or two, you're done everything else is now on autopilot, except for you clicking that announce button once a week. That's all you have to do.
Chris Miles (19:26): That's a really useful system. I like that. So I see. Cause that's the big thing is always like, Oh, how do you come up with those topics? Or how do you come up with this or get the speakers? Like you said, but that's, I mean, that's like you said, you could have that all done by, well, if you do, at the end of the year, you can have it done before the beginning of the year even starts. Or even by first, you know, first of the new year. Right?
Adam Adams (19:45): Yeah. And it's super important to really point this out because if somebody's all, there's going to be a few people listening. They're like, I've already started a meetup. It was a lot of work. I couldn't keep up with it. It's because they're always behind the eight ball. They're always trying. Like every week they're like, crap. I got to do all this stuff. But if you do it in the beginning, you're always in front. You're always ahead of schedule. So if there's a listener, who's thinking about doing a meetup, it doesn't matter. You don't have to do 52! 52 works for me. I do. I like the weekly, but if you're listening and you just want to do 12, you could be done with this in a day. You could be completely finished with everything in one day. And then it's just clicking the announced button once a month. That's it.
Chris Miles (20:31): I love it! Now let me ask you like what, so why were you asked to speak of that conference? I mean, obviously like you get meet up. You do a great job, but what were the, you know, you mentioned there's four things that they said was a big reason why they picked you over so many other speakers. What was that?
Adam Adams (20:46): Oh, so here I was. At the sixth floor of meetup is where all of the nerdy engineers are. And for some reason I'm intrigued by nerdy engineers. I love hearing people that really think about things like into detail about things. And so I had this awesome conversation. It was me, the I'm, I am kind of nerdy, but I'm not really an engineer brain. My dad was, but here I was sitting there with about 10 other engineers. We were in a circle and all of a sudden, out of nowhere, I just, I gulped and I was afraid to ask this question, but I did anyway. I just go, Hey guys, I don't know how to ask this. But like, there was a few people that didn't get on stage and they have a lot more members than I do. I only had 1300 members in my meetup group. And there was some people that had like 20,000 members and you didn't ask them to speak.
Adam Adams (21:48): So like, what was the whole thing? What gives? Why me? And they said, here's the main things. Number one, Consistency. And so if you don't know when you're going to meet again, if you do this sporadically, it actually hits the meetup algorithm. And it ranks you lower. So fewer people see that you even have a meetup. And so, because you had the whole year planned out ahead of time, we knew that you're being consistent. We can see that you've never, ever, ever, ever canceled a meetup. And your meetup attendees know what to expect. So this turns your meetup group into one of the only meetup groups in the country. At least, I don't know how many there are in the world, but we were the only one in Colorado. And one of three in the whole country, two of them actually are in New York city, by the way, which is where the meetup HQ is.
Adam Adams (22:50): We were one of three they're called super groups. It's called a super group, which comes from that consistency. The second thing that they said was that the, I have the same members continue to come back over and over and over again. I actually have a sales pitch that I use during every meetup that I share with my attendees. I call it a sales pitch, you know, jokingly. But it it's the words that I use every single time that allowed me to have people keep coming back and back and back. So when we were doing, let's say we're meeting weekly. Okay. And I say to the people, Hey, we're going to be in Boulder every single Thursday, just so you know. And there's a lot of great meetups out there. And I encourage you to go to some of them, for sure, because you're going to be able to meet more people.
Adam Adams (23:44): But if you want to meet people that you actually do deals with, I looked up some psychology and it says, it takes about six to 15. This is the normal range for you to meet somebody in person before you start trusting them enough to actually do deals with them. And so that's why I meet, I have this group meet every single week because when you go to one of those other groups and if you go one month and then you try to go the next month, and then you're like, I still haven't even done a deal with somebody. And so you start falling off. And so like, that's what happens a lot and I want to solve that problem. So that's why I do it this way. And that's why a lot of the people that come here you'll see them coming every single week because they want to start doing deals with each other.
Adam Adams (24:37): So that was my sales pitch. That was how I shared with them, that it was important that they came every week and they did. And they showed me some stats. It's been a couple of years obviously, but they showed me some stats. And I was one of the top in the whole world on having the same people show up time and time again. Let me think of who, what was the third one. The third one that they shared with me is that, Oh, my Ratings and Reviews. And I was number two in the whole world with the most amount of ratings and reviews we had over 600, five star ratings and no four stars or lower. And they said that that was a big deal. Well, the trick is we were meeting pretty frequently. We meet a lot. And so if one person a day does this, I mean, we're done in a couple of years, but I used to ask for it when I was asking for it.
Adam Adams (25:35): I had no idea that this was part of meetups algorithm. I had no idea that I was going to be sitting with 10 engineers at the sixth floor of meetup learning that I was doing it right. But I just said, Hey, it's what I would say to my people is at the end of the event, I would say, Hey guys, there's going to be an email that comes out to you. It's going to ask how you liked it. Just be honest, let them know, you know, if it was one star or five star, just, just be honest. If you feel like you really got value today, that's all I would say at the end, I would just say, there's going to be an email. Just be honest. It doesn't matter if it's a one or a five star. And I just kept getting a ton of five stars.
Adam Adams (26:13): Like the same people would be able to rate the meetup multiple times because they don't rate the meetup itself. They rate the event. And so we had a lot of them. And so we had a huge amount of five star ratings. I think that's enough. I can't remember the fourth one right now, but if you are consistent and you ask for reviews and whatever, let them know, keep coming. You're going to hit into meetups algorithms. So it's not, now, it's no longer just you promoting it. Now it's meetup promoting it.
Chris Miles (26:54): And eventually that's not much different than any other thing. Whether it's be like social media, you know, or whatever it might be. It's kind of the same thing, isn't it?
Adam Adams (27:01): Yeah, exactly.
Chris Miles (27:02): It's about that engagement and that consistency, you know, and not giving up. That's, I love it, man. That's some really useful stuff. Like I know we can go on for hours on marketing because really it's, it can take hours literally to learn and master some of those things. But man, I mean just taking some of these nuggets and whatever, however you apply, whether you apply it to meetups, real estate or even with your own business, this is a, I think this is just gold right now. It's a huge gold mine. So Adam, I appreciate that so much.
Adam Adams (27:31): Thank you for having me.
Chris Miles (27:32): You bet. Hey, if they want to follow you and get to know your stuff better, what would you recommend?
Adam Adams (27:38): RaisingMoneyCoach.Com. Great place to find me. RaisingMoneyCoach.com.
Chris Miles (27:43): RaisingMoneyCoach.com Awesome! We'll put that in the show notes for everybody to check out. Adam it's extremely valuable and I know, I follow you as well. So I know your stuff is great. I see you as an influencer in my life. So everybody else, I recommend you follow Adam Triple A. Triple A Adams as well. So Hey Adam, I appreciate your time and appreciate your value.
Adam Adams (28:03): Thank you!
Chris Miles (28:04): And everybody else. Thank you so much for joining us today. Again, it's about action. The action you take is what creates the results in your life. It's one thing to be a listener of this show. But it's another thing to be the doer of the word too. So guys go out and do it. Make it a wonderful and prosperous week. We'll see you later.
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realestateguide25 · 4 years ago
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Why to Invest in Real Estate in Turkey?
Foreigners ensures the high demand to invest in real estate in Turkey. One of the most important advantages of buy property in Turkey is the high return. Apartments in residential complexes located in the areas with well-developed infrastructure, are in high rental demand all year round. Thus, they are already rental guaranteed by the nature of the market.
Turkey offers a wide variety of real estate at extremely attractive prices. Throughout Turkey, you can find affordable studio apartments as well as luxurious sea view penthouses and villas. Foreigners are mostly attracted by the coastal tourist cities and cultural capital Istanbul, thanks to its central location. Especially the projects such as Canal Istanbul, Yavuz Sultan Selim Bridge, Istanbul Airport and North Marmara Highway make Istanbul the capital of major construction projects.
Why to Invest in Real Estate?
Passive Income
You can obtain stable periodic income without the requirement of continuous effort by investing in real estate in Turkey. For the best opportunities, the price of the property should surely accord to your budget. It should also match your expectations. You should decide what your priority is. Whether you wish to make an investment or to live in that property. Eventually, you should determine an exit plan.
Diversification Resulting in Increased Stability
The asset class diversification will reduce the risks of your investment. If you do not prefer to take risks, you should not invest in gold, in the exchange market or in a single business with all your money. When you invest in real estate in Turkey, an average of 40 or 50 percent of the funds remain in the real estate. So that, real estate becomes an investment instrument with high return potential.
Possibility of Leverage
Real estate investments have a significant difference from other investment alternatives. It allows you to invest above your income. For example, when you invest in gold, you can only invest as much money as you have. But you can invest much more in real estate than you own. If the return of the purchased property exceeds the cost of the loan, you start making a profit.
In summary, the most ideal leverage for real estate investors; rent income meets the cost of credit. Thus, rental income pays the loan and the value increase of the property remains an extra profit for you. When choosing real estate for the investor, it would be better to choose a real estate that can afford the loan payments as much as possible from rental income.
Constantly Increasing Cashflow
Cashflow is the amount of profit that an investor earns after paying all costs, taxes and loan payments. When rent income is higher than costs, taxes and mortgage payments, continuous cash flow will be generated from this investment. Before you invest, you should evaluate your income and expenses and ensure that the property you want to purchase, is in a place that provides positive cash flow to gives a high return on investment.
Independent Title-Deed Ownership
In Turkey are used as flat ownership, construction servitude and land title-deed. When you invest a real estate in Turkey, you will have full control over a source of income independently. Either you can decide to resell the property or make income by renting it out.
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