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Financial News
9-17-2011 12:22:00 AM
A man authorities say was part of a Brooklyn husband-and-wife identity theft team has been sentenced to 30 years in prison for the deaths of three identity theft victims, prosecutors said Thursday. 1-24-2012 11:07:12 AM
Which presidential candidate paid the most in taxes? Who is the most charitable? Here's an inside look at the top candidates' 2010 income tax returns. 2-3-2012 4:21:07 AM
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. Real Estate Vacant Land
Remember, the most important thing about real estate is location, location, location. Finally, it is important to understand the buying requirements and motivations of prospective buyers. Residential Properties Residential property is the most popular type of investment for real estate developers. However, given the recent downturn in the housing market that resulted from the credit squeeze, some developers are staying away from this market. It is important to remember that when market conditions are sour, that may be the best time for savvy investors to make a calculated bets on real estate. Real estate agents then further specialize in types of homes, including condominiums, separate homes, duplexes, high value homes, vacations homes, etc. There's plenty to go around. Commercial Properties Commercial property can be empty land zoned for commercial use, or an existing business building or buildings. Its valuation requires a more complex method, taking into account the income potential of the property, historical revenue, cash flow with owner perks removed and much more. Unless someone has extensive business valuation experience, it's better to enter this specialization carefully after time in the business in land or residential property markets. |