Make Investment Property Work For You

property investmentsIf you are thinking about a property investment, then you are in good company. Many canny investors have come the conclusion that this combination of investment and return is a solid way forward. Given that interest rates are stuck in low gear for the foreseeable future it seems like a no-brainer in financial terms.

The property market is still relatively strong. With a high demand and low supply, this is not going to change anytime soon. This means that the rental market is buoyant, and as long as you buy the right property you should have no trouble is achieving a high occupancy rate. To make a success of your venture, it can be good to learn from the experiences of others who have made it work for them.

Buy the right property

This will in part be down to the amount of money you have available or the credit that you can raise. You need to make sure that you are investing in a property that will make a viable letting project. Most property investors will look for property that is relatively inexpensive so as to maximise their returns. You could buy a new property off the plans, or you could seek to make more capital gain by buying a property that needs some renovation. This will, however, be more work.

You could choose between an apartment or flat, or a small house. Individual rooms could be let to working professionals or even students. Look in areas where demand for apartments from these groups is growing. You can let on a short term basis or over a longer period. If you are targeting the student market then you will have to bear in mind you will have a higher turnover which might mean more administration. If you are letting to families, you are more likely to have longer term tenants.

The right property will be in an area where there is likely to be high rental demand. For most that will mean buying a property in a busy and thriving city, or at least in a town that has good commuter access. Look to vibrant areas where there is investment and growth. Cities around the world that offer these conditions include cities in New Zealand such as Auckland and Adelaide in Australia. Thriving hubs such as Singapore and London are still experiencing growth and offer opportunities.

Get the right agency involved.

As an investor, you are making a financial decision so it is not even necessary for you to live in the area, as your property can be handled easily by an agency. It will be much better for you if you work with a reputable local agency. They will have a lot of experience in finding the right tenants for you. They will be able to handle all the contracts and even collect the rent. They will also be in able to let you know what your responsibilities are in terms of maintenance and provide local contractors to do any work for you.

Property investment nationally and internationally is proving to be a viable and reliable prospect. As long as you buy the right property and choose a reputable agent and there is no reason it should not work for you.

Ways to Improve Your Chances of Winning a Lawsuit

financial legal mattersWinning a lawsuit is a huge challenge, but it can be done as long as you have a good plan of action in place. It’s all about making sure that you are prepared for the challenge ahead before you even get started. Here are some top ways that will improve your chances of success.

Consider the Costs

Fighting a lawsuit is certainly not cheap, no matter which side of the court you’re on. So, you need to consider the costs beforehand. If you don’t think that you can afford to go ahead, don’t quit just yet. There are many charitable organisations and governments that can help people on low incomes to get justice. No one should have to accept not getting justice just because they’re not rich. And if you’re pursuing a personal injury claim, you might be able to get pre-settlement funding. This helps you to stay on top of the costs while the court case is still ongoing. It can be a huge help.

Get the Best Lawyer

There is always a temptation to not hire a lawyer. Many people think that they can represent themselves and succeed. But this is not the movies where the little guy beats the big guy. The chances are the person with the better lawyer will win the case. This is not always how it plays out, but it’s a bigger factor than most people realise. The best lawyer will be able to give you the expertise, experience and skills they have. When you have those things behind your case pushing it forward, your chances of success increase greatly. So, hire a lawyer that has dealt with cases that are similar to yours in the past. Look at their success rate too.

Get Evidence

If your case relies on you having to prove that another person did something, you need to have evidence to back up what you’re claiming. This is how many civil disputes work. If you are pursuing a personal injury claim because someone was responsible for an injury you sustained, evidence is vital. You need to have independent witnesses who can back up your claims. And you also need the testimony of the doctor who treated your injuries. If you don’t have those things, then it is simply your word vs your opponent’s. And that is always a risky gamble when you’re in court.

Prepare for Court

There are many things that can be daunting about appearing in court. Having to speak in front of a judge and present your case is not always the easiest thing in the world. That’s why preparation is so vitally important. You can never prepare too much. But you can definitely prepare too little. If you walk into the court without knowing exactly what the plan is and how you’re going to present your case, you’ll be in trouble. You don’t want to do this because it could jeopardise your entire case, and that’s not what you want. So, remain calm, and listen to all the advice that your lawyer gives you.

5 Reasons Why NRIs Should Invest in Mumbai Real Estate

real estate investmentThe real estate sector has always seen growth in Mumbai, but this growth has only started to accelerate of late.Despite the slump in global markets, real estate still continues to do well in Mumbai and property prices keep rising. The city’s real estate has been attracting a lot of foreign investment and not surprisingly,Non-Resident Indians (NRIs) are most interested in investing in the financial capital of the country.

NRIs have always been inclined to buying property in the overseas market, with some of the most popular locations including the likes of London, New York, Toronto, Singapore, Hong Kong, and Dubai. Mumbai’s real estate market has become increasingly important in the global scenario however, and lots more Indians are looking to invest in the city.

If you are an NRI there are plenty of good reasons to invest in Mumbai’s real estate:

1. Easy Buying:

Developers have made registration, payments, and the buying process for the NRIs a lot simpler. Interested investors also get to monitor the development of the property easily.

2. Discounts:

When NRIs make bulk or group purchases in the city, they are benefitted with sizeable discounts. Bulk purchases help developers as this maintains healthy cash flow. It also decreases the cost of acquisition for them and increases their turnover. Good cash flow also makes it easier to achieve timely completion of projects, attracting still more buyers. For this reason, builders offer bulk buyers payment flexibility along with discounts.

3. Cheap:

The Indian rupee has been depreciating. This makes the properties in India cheaper for NRIs.

4. Favourable Market:

While policy changes have given the city a more business friendly outlook, most economists also view the markets favourably and foresee growth in the coming years. Government initiatives like smart cities and other projects have also spurred growth, attracted heavy foreign investment, and have helped boost the city’s infrastructure.

5. Dual Benefits:

Buying a home in your own country doesn’t just cater to your emotional connection, but it is also financially viable. By buying property here, you can feel closer to home and also feel secure in the knowledge that you have a home to return to, should the need ever arise.At the same time, the positive market trends also offer investors the promise of big returns.

As per the findings of an Assocham survey, Indian real estate builders are expecting a rise of 35% in NRI inquiries, ascompared to the previous year’s 18%. This is because NRIs are anticipating more reforms and benefits. Most working professionals prefer mid-segment projects, while big industrialists are keen on luxury projects. Mumbai’s real estate market is big enough to cater to all of these segments and with its constant growth, the returns are only likely to entice further investment.