Real Estate Industry is one of the best investment areas in the World. People who want to invest in this industry or who think just to buy a house must consider some important points. What are these 5 rules?
One of the most important points is the area of the house! If you want to have a house, decide the place where you want to live. You should make a small list of these places. A detailed research will be good for you. For example; the transportation conditions in the area is very important. The distance of the house to the hospitals, schools are the points which you should consider about.
The right time plays a very big role in real estate industry. If you can’t choose the available time for buying a house, unfortunately you can lose in your investment. Make a good analyse of the prices in industry.
- Having a House for Investment or Live?
You should think of the area, the year of the building and some conditions for living in a house but if you aim an investment you should interested in the rent prices and the amortization period.
- Brand or Used?
A confusing problem for the investors is the price difference between the brand projects house and used apartment. Find an answer to this question: Why do you want to have a house?
- The Real Value of the House
Be careful for the net-gross square difference. This mustn’t be over the 20%.