Igor
Purlantov is a well respected real estate investor. He manages an impressive
portfolio that includes properties in the United
States and Europe. The
recent bursting of the housing bubble has left many investors wondering if real
estate is still a sound investment. Other investors are eager to scoop up deals
while prices are low. Igor Purlantov suggests considering a variety of factors
when dealing with real estate purchases. Myriad elements can affect real estate
profit.
Real
estate is certainly a complex business. Real estate transactions can be
complicated and may require an attorney. Sometimes developers are required to
obtain variances from local governments in order to see development occur on
the land. Remodeling and alterations can be affected by a property's location
in certain historic districts within cities. Foreclosures and short sales in a
neighborhood can affect the home values of nearby properties.
Igor Purlantov suggests that all potential
real estate investments should be evaluated in person. He suggests making a
checklist before heading out to the property. The check list will vary
depending on the type of real estate. Condition should be a primary factor in
evaluating real estate. Estimated cost of repairs in another factor that
investors should take into consideration. The purchase of raw land will
obviously require some research on the part of the investor. An investor would
be wise to pull all public records related to a property before making any
offers. Title service companies can provide this information or the investor
can research county records and secure the information. Igor Purlantov suggests
gathering as much information as possible for any potential real estate
purchase. Igor Purlantov suggests that any
surprises one may potentially find can play out one of two ways; walk away or
use the information to negotiate a more favorable price.
As a good investor for Real Estate Investment in Australia, we should do something for the better of our agents. Show them that we care in what they do. We should give them what they truly need for the hard work that they have done.
ReplyDeletehttp://real-estate-investments101.blogspot.com/2013/05/real-estate-investments.html
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