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DC Fawcett Real Estate – Tips for Women home buyers

Introduction

Single women are surging ahead in real estate investments. Gone are the days, where a father’s or husband’s signature is required for a woman to purchase a home. Accounting for 18% of homebuyers after married couples, the National Association of REALTORS says that single women are changing the face of homeownership. Stability, investment opportunity and life changes being the driving factors for single women to own a property instead of rent, if truth be told, they are the second largest home buying group. In order to help all single women out there to make a wise purchase this article will list out some prudent points that will make your purchase wise and profitable. Let’s get into the tips right away.

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Big-ticket repairs:

Foundation, windows and the roof are the main things that you should have a keen look at when you are inspecting a home. Seeing that both repairing and replacing any of these can cost you a leg and an arm, find out the costs during your home inspection time frame and report it to the seller. There is another option too. Read on to know it.

Try getting seller concessions:

Well, there are several misinterpreted aspects of ownership, one of the most misunderstood parts is the amount of money required to maintain the home. Certified financial planners say that anywhere from 1% to 3% of the home’s value is required every single year to cover fixes. In the present day, a lot of buyers are able to get concessions from sellers upfront in order to fix any impending problem which in turn helps cut the maintenance cost. Besides, buyers these days ask for a year’s warranty on the major systems and appliances that cover repairs and sellers are also providing and paying for these policies says professional buyers’ agent.

Have a keen look at the credibility factor:

Every new day we come across news stories about buyers who have been deceived by fly-by-night developers or agents. This may be in any form like either the project is delayed unjustly, or has never taken off or even if it is grossly partial from what was promised in the beginning. Hence, it is always good to have a check on the credibility factor such that you don’t fall to these con artists.

Conclusion

Are you a single woman who is still struggling to strike the home buying trend? Perhaps you should consider investing in your own home. Follow these aforesaid tips and jump the bandwagon of home ownership. Become more financially literate and get your questions answered by DC Fawcett, a real estate connoisseur who has mastered the art of wholesaling, rehabbing, and cash flow investing in virtual markets. Assisting people throughout the course of their real estate journey, he will help you become skilled at investing concepts and guide you how to grow through his proprietary Virtual Real Estate investing systems.

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DC Fawcett Virtual Wholesaling-Townhome Ownership,Absentee Landlordism,Commercial Real Estate,Entrepreneurs

DC Fawcett Real Estate Guidelines To Entrepreneurs.

Businessmen are facing financial crisis often due to decline in rate of interest in the market. They take up mortgage loans for their business improvement. To repay their loan, after your work hours, you have plenty of time? You can make money. Some entrepreneurs are thinking what to do with the profit earned out of their business; the investing strategies are explained in this article. The aspiring entrepreneurs can invest in real estate.  

DC Fawcett Reviews talks about how entrepreneurs can invest in real estate and the risk involved.

DC Fawcett -Real-Estate-Guidelines-To-Entrepreneurs

There are two ways of investment:

  • Active: This requires more hands –on work either by you or someone should manage it on your behalf. E.g. Real estate investment like lease.

 

  • Passive: Exactly opposite of active where no or less hands-on work. E.g. portfolios

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Risks involved in investment:

  • Inflation risk : loss of purchasing power

 

  • Systematic risk: stock market volatility

 

  • Unsystematic risk: going bankrupt

 

  • Interest rate risk : decline in rate of interest

 

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How real estate influence entrepreneurs?

  • Mortgage

Small scale entrepreneurs usually take up mortgage loans to flourish in their business, improve their work environment. These loans can be either short or long term and rate of interest may vary. At the end of loan period, they have to refinance.

  • Financial advisor

Many investors are seeking internet to get to know about finance, the financial advisor job is minimal as everybody are using real estate related websites to gather information. It is a cost effective method.

  • Create diversified portfolios which depend on comprehensive investments, risk tolerance and age of the individual.

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Tips to make investment:

  • Start small and dream big

Start doing small investment and invest in huge investments later once you get well versed.

  • Little companies make creative branding

Small companies do aggressive promotion to make a mark in the market. So keep an eye on how your competitors work.

  • Social media

Social media like Facebook can help you out, post the content so that it goes viral and you will gain many customers in the meantime.

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  • Patent

Don’t rush to get a patent immediately as it only patents your business and not your work.

Many entrepreneurs commit this mistake by getting a patent as soon as they start a business.

  • Marketplace report

The best way to seek attention is to create a marketplace report. You can catch the limelight easily once you do extra ordinary reports.

  • Partners

Build your network by choosing right people with good attitude from the industry and mingle. This will increase the enthusiasm. Keep the experience criteria as secondary.

DC Fawcett Real Estate Overview On Townhome Ownership

Owning a home is something to be proud of every investor put his efforts to buy a property.  Properties are of various types: single home, multi family home, condo and township. Those who enjoy community lifestyle, townhome are preferably for you.DC Fawcett Real Estate discusses about pros and cons of townhome ownership.

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The 3 major factors to be considered before buying a townhome are

    • Cost
    • Structure
    • Privacy
  • Structure

The house construction basically differs from a normal home property. A townhome is usually attached to another townhome which is similar in its structure. They are more compact and are suitable for nuclear family or retirees. A party wall is constructed in between which acts as a divider or pillar that separates two or more homes. It is more like a condo but townhouses are built one above the other.

  • Cost

The townhomes are preferred because of its affordability factor; it is cheaper than a traditional home. They are recommended for first time owners. It’s affordable because the cost is shared by a group of people. Utility expenses i.e. heating and cooling are way cheaper in a townhome and you tend to save a lot on this.

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  • Privacy

The major drawback is privacy issue is said by many in general, but sound proof homes and high quality construction eliminates these issues easily.

What all have to enquired before buying a townhome?

  • What are the amenities and services available in the community? Usually townhouses are designed in such a way that it includes all amenities of an apartment living like swimming pool, indoor court. The common area maintenance cost is also shared by the entire community. This will give you the information on what all you have to buy and how much you need to shell out from your pocket every month.
  • Associations are there to organize meetings, acts as help desk and take care of the community. Enquire about the rules and regulations before signing; these rules should be followed at any cost. So find whether you can follow all the rules. Meetings are held in the room provided to discuss any issue as well as conduct activities for recreational gathering.
  • Pets are allowed or not, enquire about it as many communities do not allow.

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DC Fawcett complaints on townhomes

Many would be designated with posts like secretary, accountant etc, so your presence is needed almost all the time. Exterior part has to be kept incredibly neat and clean as a part of the association, they expect you to co-operate.

Pros

  • Living closer to town so availability of basic needs is easier and closeby
  • Save maintenance cost
  • Security: townhomes are gated communities and people live close to each other. So people are free from robbery.

DC Fawcett Virtual Wholesaling – Issues Of Absentee Landlordism

Absentee landlordism refers to the people who own a property in abroad which is given out for rental purpose as he/she stay in his/her home country DC Fawcett Virtual Wholesaling  . The owner can be anyone like a local investor, corporate entity or a conglomerate in abroad buys a property in overseas as it is a form of virtual real estate investment.

DC Fawcett reviews the issues undergone by a tenant in absence of a proper owner.

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*Rental issues:

As the proprietor is away, the tenants may not pay rent on time. But it is advisable to pay on time so as to remain in good books of the owner. This may also help in situations when you need immediate assistance from him/her.

*Maintenance:

It is the prime duty of the tenant to maintain the house clean. The walls and lofts should be kept away from dust and dirt.  In case, furniture or electronic appliances is provided by the proprietor at the time of moving in, it must be kept in good condition so as to have a smooth inspection when the owner visit.

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*Repairs and renovation cost:

There may be situations when some repair and renovation work has to be done in absence of the owner. At that time, the tenant should be in a position to shell out the money from his/her pocket. The amount spent on repairs should be informed to the landlord when he/she is reachable. Friendly relationship with neighbors is also important as it can help during any crisis.

*Communication gap:

There would be apartment meetings or some circumstances which may require the presence of the owner to communicate important information. But it is one of the biggest hurdles that a tenant should undergo in absence of the landlord as he/she is out of reach. In that case, telephone calls and messages pave way for communication.

*Freedom and Friendship:

Some owners may not prefer the tenants to have a pet at home. But in case of absentee landlord one may like to have it. Ensure that it doesn’t cause any damage to the house. Parties or watching television may result in noises which therefore affect only the neighborhood.

Good relationship with your neighbors can prevent yourselves from complaining to your proprietor.

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The complaints accused on absentee landlord

*The only motive of the owner is to extract the economic value of the property through monthly rent and least bothered about the social welfare of the tenant who pays the rent.

*The outward flow of economic capital as he/she doesn’t reinvest in local region.

*Minimum relation towards the land and buildings as the proprietor stays far away

*Repair work is overlooked to avoid taxation.

*Generating legal problems.

The property management companies  help in finding the tenants, collecting monthly rent and solve issues like repair work in absence of the owner.

DC Fawcett Views On Emerging Trends In Commercial Real Estate

DC Fawcett Real Estate-Emerging-Trends-In-Commercial-Real-Estate

Commercial real estate has a prominent significance in today’s marketing world and DC Fawcett Reviews the emerging technology trends in commercial real estate (CRE).

  • Impact in CRE

The CRE professionals used Excel which contained all the database a decade now  have now transformed into automated systems consisting email ,accounting and other necessities in a sophisticated manner. These trends are used in startups and the impact is reflected on big data, smart cities and process automation.

Property management companies play a vital role as everything can be tracked down by the authorities and investors can make request on purchasing a property online and they can find the ongoing net operating income. These companies manage multi storey buildings and properties

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  • Market place

Market place lending ]has emerged more than residential real estate, as they are the main source of income for all commercial real estate ventures in different ways like crowd funding.

  • Big data analytics

Big data analytics has been a transforming force in each and every industry which has reduced man labor and has created a platform for CRE professionals to analyze the statistics in depth.

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  • Alternate methods of investing

Crowd funding has emerged to be new trend in CRE. The MLS listing information available to genuine realtors has paved way for quick search of properties online.

  • Evolution of 3D

Though 3D came into existence decade ago, it is emerging as 3d models can be used by real estate professionals to show to the buyers for better visualization.

  • Post-transaction service is very essential and helpful for real estate professionals as it improves their value and building a rapport with real estate agents post transaction is beneficial.
  • Virtual reality

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As we live in a fast paced world, many landlords don’t have time to show the property in person and may also consider hiring a real estate agent is costly.

At that point of time, virtual tour helps where you can show the properties online to the buyers who are interested in the property. This will save time as well as helps in eliminating the properties easily when you have multiple properties to look through.

  • IOT has helped the retailers to monitor real-time activities; this will help the investors to make his movie accordingly while making an investment. With the help of internet we are able to achieve everything mobile.
  • Artificial intelligence (AI) has helped the CRE professionals in structuring data and information of non closure, lease and other legal agreements.

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It is important to cut an edge among other investors through different emerging ways of investing to stay in the race as well as earn quickly.

  • Commercial real estate scam happens mostly in form of misappropriation of funds means that when a person uses the money he obtained from loan to an unapproved project.
  • Advance fee scam is very common when a con artist approach you when you are struggling to finish the legal procedures of a new property, he gets so called “advance fees” from you stating he will assist you in completing the legal work, but he won’t.

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Conclusion:

DC Fawcett virtual real estate investing club has a blog which talks more about absentee landlordism, so tenants who are in need of more solutions can read the blog to tackle the tough situations.

DC Fawcett, a real estate professional has started virtual real estate investing club so that investors can get an idea about it. Entrepreneurs who are interested in real estate can make use of these blogs which will also help you out to stay scam free. The aspiring entrepreneurs can make use of DC Fawcett virtual wholesaling methods as it involves no risk and cash.

 

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DC Fawcett Reviews On PUD,Millennial Ownership,Real Estate Startups

DC Fawcett Virtual Wholesaling When And Why Digital Mortgages Are Used?

The world is getting digitized and you can get access to any kind of information with a click of a mouse. DC Fawcett Virtual Wholesaling Years ago,when you need money to buy a home  you need to walk all the way to the bank to apply for a loan or approach a mortgage lender.

Dc Fawcett Virtual cash flow investing

With the evolution of technology, new innovations are helping out the investors to do quick real estate marketing. The need for manual mortgage process has reduced as the process has been automated.

The mortgage loan files usually run for nearly 500 pages and take several weeks to get the loan approved. To avoid all these, digital signatures have been introduced.

Dc Fawcett Virtual cash flow investing 1Drawbacks of Digital Mortgage

  • The need for digitization, drawbacks of digital mortgage and the online scam are explained briefly.
  • Digital mortgage doesn’t involve any paper work and the entire mortgage process is done digitally without the help of an agent.
  • The process is fast and qualified borrowers are sanctioned with necessary loan amount, although human intervention is required at certain points of the process. It is a cost effective method and investors prefer it for the efficiency and security factors.
  • This method was started to eliminate manual processes and save time. The investors can apply loans by filling out the forms online and upload documents for proof.
  • There are so many collaborations by finance companies with data aggregators that ensure information of the customer is kept confidential and not exposed deliberately.

Documents can be e-signed through digital signatures. For e.g. the lender and the borrower stay far away from each other. Investors can adapt to digital mortgage scheme to avoid traveling every time.  Block chain technology helps to store abundant information online, transfer mortgages quick and at affordable price.

Advantages of using digital mortgage

  • Interest rate and closing cost is low
  • Time saving
  • Even investors with low credit score can apply , decent loan amount can be sanctioned

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The virtual real estate investing club will provide information on how to avail mortgage and what are the types available. The investors who are availing for the first time can read the blogs written by DC Fawcett to get some information.  

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Every day we read and come across about online scam taking place in various forms in different sectors like banking, finance, real estate.

On the other hand, the face-to–face conversations should be maintained while discussing important issues, e.g. financial information should be kept confidential. Also, manual process should be retained, which is preferred by the investors who are not interested to use online at all. Thus, the choice is kept open; it is the investors wish to opt for any option. The process is safe as long as loan officer is skilled and know how to use digital mortgage.

Dc Fawcett Virtual cash flow investing 3DC Fawcett complaints about the banking system, hacking has become so common that fraudsters steal the information of the investors easily. Encryption is helpful, but if it is weak, it turns out favorable for scammers. The investors should not pass any transparent information online.  Automation is fine only for verification and validation purpose.

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DC Fawcett Real Estate Overview On Planned Unit Development (PUD)

It is called PUD in short and can be of two types, either entire land is used for constructing residential plots or for commercial purpose like shopping malls, restaurants DC Fawcett Real Estate .

Benefits and Drawbacks of PUD:

DC Fawcett Reviews talks about how PUD’s are constructed, benefits and drawbacks. These homes are not constructed as per standard zoning regulations due to the floor plan deviation, thus master design approval is required from municipality. Changes are done to preserve natural resources, conserve energy.

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The appearance of PUD is more like a single-family home, commercial property or recreational property or can be a mix of all the property types and legal structure resembles that of a condo.

Just like town homes and condos, PUD’s are also managed and administered by HOA. The owner has to pay certain amount to the association based on the percentage of ownership, and they can enjoy the services offered by the community like swimming pool, fitness center, play area and club house. The amenities vary according to each community. These homes are considered to be safe for families having kids.

To know more about condo, town homes and other types of properties involving HOA, you can refer DC Fawcett virtual real estate investing club blogs. If you are investing in PUD for the first time and want to know more other property types, these blogs will help you to choose the best one that suits your lifestyle.

New investors can start virtual wholesaling which is the stepping stone to real estate wholesalingInvestors can make use of the blogs written by DC Fawcett, he has written about the solutions and preventive measures to prevent from scam.

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Rules and Regulations:

The HOA specifies certain rules and regulations that are to be obeyed by the owners in the community. These rules are documented and it includes

  • Budget: The budget will help the owners to get an idea about the property value. It also includes how much every owner should bear for the common maintenance area.
  • CCR declarations represent do’s and don’ts to be followed by the owners in the community.

These rules vary depending on the community you choose, so read the CCR declarations before purchasing the PUD.

You should inform the mortgage lender that your property is a PUD first, so the loan approval will go smooth without any hindrance.  Your HOA documents are reviewed by the lender, and he can even write an offer letter in favor of you to purchase the property.

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The procedure is just like getting a mortgage sanctioned for a condo. Approach a mortgage lender who had previously approved PUD property loans. The borrowers should ensure that your mortgage doesn’t exceed the budget.

Apart from that, every year the income collected from the owners is contributed to HOA reserve account which clarifies that the property is residential and not commercial. They are referred to as planned unit residential development (PURD).

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DC Fawcett helps people to learn what’s working best in the real estate market and how to grow in real estate investment business. He does this job efficiently with his proprietary virtual real estate investing systems.

DC Fawcett Real Estate Reviews On Millennial Ownership

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Millennials are home buyers aging from 25 to 45 who are facing a tough time to buy a home as property prices have gone up. They take few decades to save money to purchase a property DC Fawcett Real Estate.

Initially, they have to save money monthly to pay for the down payment while purchasing a property. The savings range varies from each individual depending on their income and monthly expenses which is approximately from $200 to $1000 per month.

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But with the amount of savings, they are able to afford a condo probably. Single-family homes are very expensive according to recent reports. Depends on each city, the rate of the properties varies as well as waiting period of each millennial to purchase a real estate property.

The millennials are the first time home-buyers, so they usually invest in small condos rather than a single-family home. Also, there are more condos for sale than SFH.

DC Fawcett Reviews:

  • DC Fawcett talks about millennial home ownership and economy of the nation in the recent years. After 2008, home ownership has been historically low. From 2012, the affordability factor decreased, the property prices increases, which in turn resulted in low mortgage rate.
  • Those who have already purchased apartments are facing high rent issues. Few causes of not able to afford a home are student home loan debt; slow career growth, recession. Many failed to entitle the home ownership in 2014 and reports said that it will take 5 more years for them to buy a home.

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DC Fawcett complaints :

  • DC Fawcett complaints about the lack of knowledge and awareness among the young population, majority of the millennials are not even looking out for a home ownership as well as they are under estimating the cost of the down payment.
  • To know more about home buying in spring season, visit DC Fawcett virtual real estate investing club where buyers can get an idea about how homes are sold in spring. Spring is the time of the year when many properties are sold.
  • Millennials mostly do purchase a condo or a micro apartment around the same season. Many of them opt for rent rather than ownership. The recovery phase has just begun where many of them are looking out for a home to build their home equity.  They mainly look out for cleanliness and remodeled kitchens.
  • Around 3 million are expected to become first time home buyers where majority are millennials. As a first time home buyer, you must be aware of the scams that happen in a home buying process. Virtual wholesaling will help these new buyers as they can experience how real estate works.

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DC Fawcett Virtual Real Estate Investing club Ideas On Real Estate Startups

Real estate startups are also known as iBuyers who eliminates the tedious process experienced by sellers. DC Fawcett The home showing process, paper work, home inspection and other formalities involved in selling the house is not required when you sell your home to these startup companies who buy homes for cash.

DC Fawcett reviews talks about how a home is sold to a real estate startup. The seller can assign a time frame to sell the house and these startups even help in reselling the house for reasonable profit.

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Real Estate Startups:

  • If the startups fail to resell the property within the guaranteed time, then they themselves will purchase the home.
  • The prices are fixed based on the current market value and condition of your home; the startup employees use the online medium to know about the condition of the property and give an estimate about the market value. To quote the exact price, home consultants are sent to visit the property.
  • It is uncertain that these startups offer a market value price, but the process is very quick.  This method is preferred by sellers who want to sell their home fast in case of job transfer or relocating or when they have 2 homes.
  • When compared to home flipping, these employees earn less profit but sell large volume of homes in a quick span. They can even resell your homes with a moderate renovation for profit.
  • The profit they make is equivalent to profit made by a real estate agent. These startups are constantly improving the home buying process. They assure that home inspection has been made and also guarantees the sellers that they are ready to take back their home if the buyers are not satisfied with the home.DC Fawcett complaints that the transaction costs are quite high that many buyers are unable to afford at times.

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These startups have their own mobile applications through which buyers can unlock the home and inspect without the help of an agent as the homes are vacant already. These services are provided all throughout the week and can be accessed even from remote places by requesting a code.

This practice has just boomed into the market and many such startups are about to commence their services soon bridging the gap between the seller and investor.  These innovations are much necessary in the internet world.

Scam free services are guaranteed by these iBuyers, this feature attracts the sellers and buyers as they come across many fake agents. These startups have expanded the real estate market level and widen the horizons for an investor.

Conclusion:

The job sector is improving and many are now affordable to purchase a home and finally started to embrace the home buying culture. The trend also shows that millennials age group now ranges from 25 to 35, and they are looking out for homes in suburbs.  Those with high credit score can avail low mortgage easily. But the mortgage rates either shoot up all in a sudden or declines overnight.

The housing market has just started to prosper and millennials are looking forward to spring home sale.

To know more about startups and their services visit DC Fawcett virtual real estate investing club  which consists of blogs written for the investors to get a vast knowledge about marketing strategies.

Virtual wholesaling is another way to sell your homes faster which is a platform for new investors to start their career easily. It doesn’t involve any money and new investors prefer this technique as no risk is involved.

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DC Fawcett Reviews On Apartment Hunting ,Deals,Micro Apartments

Searching for the right apartment that suits all your needs is both interesting and tiring. Whenever you visit a house, so many questions run on your mind but you will not be satisfied unless you find a “home” for yourself.So here are the few criteria’s that the investors must keep in mind when you hunt for your apartment as told by DC Fawcett Reviews .

 

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  • Neighborhood and location

Neighborhood plays a major role, as one would like to have all the basic facilities like school, supermarket nearby your home. Keep in mind that commutation should be easier as travelling far everyday without any transport facility to your work place is not a good idea.  Choose a location that is safe and pleasant, talk with the people who have already moved in to get to know more about the location, landlord and the neighborhood.

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  • Home inspection

Home inspection is an important aspect to be practiced by the buyer before moving into an apartment to look for the flooring, ceiling, closet and cupboard are in perfect condition as well as ensure that the apartment has all the safety concerns. Enquire about having a pet is allowed or not before moving in.

  • Budget

After the inspection, if you feel it is the right apartment, then it is the right time to think about the budget. It is good when it fits into budget if all utilities are provided with the rental payment. Spending for utilities separately other than your rent which will exceed your budget is not a good option and you need to think twice before investing on it.

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  • Legal agreements

If you find any clause in the agreement misleading or ambiguous, make sure you clear with the seller before you sign the agreement.

  • Moving cost

Allocate some amount exclusively for moving cost and unexpected expenses that may arise while shifting to a new apartment.

  • Online search

It is better to reject few apartments online itself that is not suiting your needs, so that you can save time as it is time consuming to visit every apartment you come across in the site.

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  • Maintaining information

In case you have visited many apartments, you may feel confused about the details, terms etc, it is good if you maintain all information in a notebook or spreadsheet.

  • Real estate agent

In case you hire a reliable real estate agent, he would have access to all the rental apartments and can take you for home inspection as most of the landlords are busy. If you are on your own, you need to contact the seller every time to fix up appointment every time.

During apartment hunting, there are many scams that you may encounter,

  • Rental scam: This is a common scam  that you may face during an apartment hunting, the scammer  pretend to be a landlord and collect all the rent, fees,security deposit from you and disappear. Do not send any cash without meeting the landlord.dc fawcett reviews 3

DC Fawcett Real Estate Tips On Apartment Deals

Searching for an apartment is not an easy task; it can be exciting as well as exhausting. DC Fawcett Real Estate says that Lowest vacancy rate is again a depressing situation, where buyers had to search for apartments more vigorously through various mediums property portals.

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DC Fawcett reviews on how to find an apartment

  • New construction

New constructions offer a price that you cannot expect for age old properties. The negotiation can be as high as possible with the owners and property managers.

  • Apartment locator

For every area, there would be an apartment locator to guide you with the price, you can approach them every day or weekly to know about the price.

  • Partnering

If you are a bachelor/bachelorette then you can even share your apartment so that you can pay less, your share will be minimum when compared to renting an entire apartment for yourself.

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  • Locality

When you find a home in a fantastic location but price is exorbitantly high which is unaffordable for you, then find out the surrounding area. There can be properties with an affordable price with your preferences.

  • Discount

When you opt for a lease for 6 months, there are chances of getting discount on the price from your landlord, so instead of taking 12months lease; try this way.

  • Referral

When you refer a friend and he/she buys the apartment, then you can get some commission out of it.

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  • Amenities

Each apartment provides with different amenities, like some may provide Wi-Fi etc, others may not. So opt for the one where amenities are given free or of less cost when compared with other apartment.

  • Buddy system

You can put a word to your colleague or friend that you are seeking an apartment, so if they come to know about any apartment, they can let you know. Sometimes even if your friend’s apartment has any vacant apartment you can try out.

  • Single family properties

These are generally low priced than multifamily homes.

What are the documents needed when you purchase an apartment?

  • Rental application form
  • Credit report
  • Reference letter from your landlord
  • Lease agreement
  • Employment verification

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Advantages of renting

  • Ability to use leverages i.e. you can pay a portion of the total value from the borrowed funds.
  • Tax –free

Disadvantages of renting option

  • Restrictions

You cannot use the rental apartment with absolute freedom. Maintenance is the key factor which will become stress at one point of time.

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  • Unexpected expenses

You are bound to unexpected expenses when you rent an apartment. Sometimes the landlord expects you to bear the expenses.

To overcome these drawbacks, expect a reasonable price for your property so you may get tenants as soon as someone vacates.

Rental scam: This is prevalent in real estate where buyers would be shown with an apartment by a real estate agent who is actually a scammer. The buyer unaware of the scam gives out all their personal information as well as deposits some amount which would be used by the scammer.

To prevent from scam and to know more about apartment deals, visit DC Fawcett virtual real estate investing club where blogs are written for investors.

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DC Fawcett Real Estate-Overview On Micro Apartments

DC Fawcett Real Estate reviews will give you an idea how to adapt yourself to live in a small space, pros and cons of micro apartment lifestyle.

From the micro, you can guess it’s all about size and space of an apartment we are going to talk about. Millennials prefer to live in a micro apartment so that maintaining the house is easy.

Not all apartments are of same square foot, you can choose a micro apartment with better area that fits you or family in it. These apartments are usually 250-400 sq.ft where you can fit a king size bed, washer and dryer and kitchen utilities.

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Pros

  • The rent will be less, so the investors who are having a mindset of saving money will prefer micro apartments. Obviously you will be saving lot of energy with less electricity usage.
  • Less stuff so when you move out, it is easier to shift.
  • Getting a chance to live in a great city environment.
  • Youngsters, nuclear families can co-exist with this lifestyle.
  • If you find your apartment is too small, then you can fix windows where there is broad day light which would actually enhance the size of the house. Fix it where you get perfect window view.
  • High ceilings elevate your apartment and eliminate the cramped effect.
  • If you feel it’s too small, then make a balcony or patio so that you feel calm and use the space for relaxation and recreation.
  • Pastel colors will suit your apartment and design your house that matches these light shades. Cabinet, flooring, furniture and kitchenware are some important things to be purchased that should match these shades.
  • Can be used a studio or for work where less space is enough to accommodate all employees.
  • People, who like to be a part of community activities and like a contemporary finish, enroll your name to buy a micro apartment and enjoy this lifestyle.
  • Eliminates work from home life, people would like to explore by going out.
  • With the incredible amount of savings, you can buy a large apartment, luxurious things in future.

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Look for the listing on MLS, Scam may happen when you find a property from an unknown site which aren’t authentic where scammers pretend themselves as agents.

DC Fawcett Real Estate complaints on micro apartment lifestyle :

Is that living in micro space affects health, many health reports states that people are stressed. It limits movement as well many are affected by claustrophobia as they live in a closed space.  Those who aren’t willing to coordinate, mingle, share things cannot survive in this lifestyle as it requires all those qualities owing to less space. The privacy is disturbed as you live close together with your friends or family members. Too many micro apartments can affect a community lifestyle and causes irritation. The exclusivity fades when there are more in number.  Not suited for large families and for those who have pets. Resale value may be not that great and less number of people would prefer to buy.

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DC Fawcett Real Estate Methods Of Using Internet To Sell Your Home

he role of internet is very significant in selling and buying homes, it is an authentic way to search listing online and conducting virtual tours. The era is rightly named as “information age” where you get information with just a click of your mouse. The industry growth has been measured with the evolution of computers. Likewise, real estate is growing and reaching heights with the use of internet. Gone are those days, where properties can be found only on magazines and newspapers in rental column.

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The new ways of promotion, advertising is creating buzz in real estate, DC Fawcett reviews  discusses about the methods of using internet effectively to sell your home quickly.

The positive influence of internet has opened the doors for new investors where they are trying their hands on virtual wholesaling, whereas the negative influence has led to scams and its effect is prevalent in banking, financial sectors and real estate. To prevent from such happenings, make use of DC Fawcett virtual real estate investing club.His webinars, podcasts are helping out so many investors who are new to this field.  Blending traditional marketing strategies with digital technology is the new way of marketing.

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The advertising campaign is much effective after the introduction of internet.  The recent surveys and statistics proved that internet marketing is alone to sell and buy homes. MLS, real estate portals are few ways used for online advertising.

Effective internet marketing strategies to sell your home quick where you can post your listing apart from MLS

  • Forums – many online forums are active where investors communicate their ideas. Find active online rental forums

  • Websites where people post about the properties for sale etc. exclusive for real estate

  • Blogs – bloggers are gradually increasing, many share their experience like their first home buying or home selling process, how home inspection should be, scams they faced. These are actually eye openers for many new investors.

  • RSS Feeds

  • Direct mail campaign, Newsletters, Postcards – common ways to generate leads

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You can hire a real estate agent who is proficient in online marketing strategies to increase your chances of home selling. Some may have knowledge on SEO, pay per click advertising, these people know to advertise better. These agents should not just leave after posting the ad, they must follow up, track the buyers who have showed interest.  Mere posts will not fetch any results. Time, money and effort are the 3 things only required.  Sign a contract with these agents as many are scammers, pretending to be agents and check for their license.

People who are away from internet world still prefer the age old methods and also look for rental ads in newspapers and magazines, so traditional methods are still in use.  The future looks like these traditional methods will become extinct as many have switched to digital format.

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After online marketing, it is always recommended to meet the person face-to-face before buying the property for home inspection.

Conclusion:

Dc Fawcett, the real estate wizard has started a club for investors called virtual real estate investing club where several blogs are written about real estate marketing strategies. Virtual wholesaling has been a wonderful invention for new investors to do real estate without cash.

These are some of the dangers lurking in the real estate profession as reviewed by Dc Fawcett. For tips on how to encounter them and safeguard against them, read Fawcett’s article on tips to safeguard against real estate dangers.

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Dc Fawcett Reviews – Commission for real estate transactions

Introduction

Commission is paid for real estate transactions. Many people don’t understand how commissions are paid. They are bothered only about the cost of the commission. In this article, Dc Fawcett a real estate investor and educator, reviews how real estate commission works and makes you comprehend commissions.

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Dc Fawcett Reviews – What is a real estate commission?

A real estate commission is a fees paid to the real estate agent.

How much is it and who pays it?

A real estate agent’s commission is something which has to be paid by the broker. An agent works for the broker and the fees is paid by him. The broker makes a purchase agreement with the seller who then pays the broker along with the agent’s commission.

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A real estate agent’s fee is a percentage of the selling price and can be decided only when a selling transaction takes place. Now, who pays the broker’s fee? Is it the buyer or is it the seller? Well it is the seller who pays the broker’s fee.

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Compensation for the real estate agent

A real estate agent is compensated anywhere between30% to 40% of the fees that the broker receives. Top class agents receive 100%

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Dc Fawcett Reviews – How is the money divided between the seller’s and the buyer’s agents?

Money for the seller’s and the buyer’s agents are decided according to a fixed agreement. Usually the percentage is equally divided. But in some cases one can get more than the other. In that case, the lawyer will do the needful. As stated before in this article, the broker pays the agent. The rest of the real estate fees are divided for marketing, office space and rentals.

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Does the agent deliver as much as the fees?

When the home gets listed and then gets marketed very quickly, then the seller’s agent does not have much work. He gets commission for listing, fixing up the price and so on. This is just the basic work and he has not put in so much of efforts. The home has sold rapidly, luckily for him. But, he gets the commission as signed in the contract. On the other hand, say, a home does not get sold for a long time, even a year. Then the agent has to conduct many open houses, speak with so many buyers, keep abreast of market developments and effectively update marketing strategies. Also he has to bear the cost for advertising, signage and so on. In this case also, the agent receives the fixed commission only. So, this argument has a neutral side and you cannot decide on this.

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Listing price commission

The listing price is the selling price. When the listing agreement is signed between the broker and the seller, the broker gets complete authority to market the home. When he does this, the agent of the broker brings a buyer for the seller. If the home sells, the broker gets a percentage of the list price as the commission. This is shared with the agent.

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DC Fawcett Reviews – Choosing Real Estate Investment Is A Lucrative Option .why?

There was the housing bubble a couple of years back.  As a result, many of the investors lost their investment money. Many felt that real estate is some scary prospect and hesitated to put money into the real estate.  As luck would have it, there were low prices and surprisingly lower interest rates.  So, going by the saying ‘Make hay while the Sun shines’, this is the suitable time to put investment in the real estate. DC Fawcett says  It is not the only criterion to be considered, but economy has had a boost.  This means that the price amounts and interest rates have already started to go for a steep hike.  And there is nothing to stop the growing trend.

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Why investment in the Real Estate is the best option:

The financial crisis that happened of late created many chances for those who have affordability to invest in the real estate.  The large amount of foreclosures that occurred recently created a larger amount of pool for the renters.  This means that rental properties are the best viable investment.  It should be easier to get people to rent the property. This is due to the fact that many people are getting jobs, and disposing properties for a huge profit should become more viable.

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Mortgage rates plummeting down

The rates of mortgages are at an astonishingly low price and this means that putting investment in properties would yield a huge return.  But still, rates have started to make a slow hike.  So, the condition is not in the favor for a longer time.  One should also consider the fact that real estate prices are presently plummeting down.  One has plenty of scope to invest in the present market if one does not wait for long.

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Investing in short sales – making best use of it

Making investment in the short sales is also a viable chance at the juncture.  It is due to the fact that many people choose this over foreclosure.  Going for the purchase of short sales is a better opportunity than purchasing a property that has been foreclosed.  This is because there are huge possibilities for the property to be destroyed since it had been foreclosed.

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Dc Fawcett Review – Real estate investment – The choicest one

Anything might happen in the future, but investment in real estate is the choicest investment in the longer run.  The present real estate costs are more than the prices that existed thirty years ago, and acquiring residents makes the investment more profitable.

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The fate of Investment Property Mortgage Rates:

Of late, the prediction is that the mortgage rates will have a steep hike in the next few years.  But it will not be every prominent.  As a matter of fact, even a small percent of hike in interest rates will cost huge amount of money for the investor.  This increase will happen slowly in course of time, and would not take any individual unawares.

The financial growth is happening not rapidly, and this means that rates of mortgages will not have a steep hike.  The only thing which would prevent the economic growth and increase in rates would be some war or fresh economic crunch in Europe.  Presently, the job scenario is also growing, and this in turn means that many people will be shifting residence and they will look for new residences or rentals. This caters to the needs of the investors.

Earning well as mortgage rates do not rise suddenly

Through the lower mortgage rates, the investors have plenty of alternatives to making profit.  The good news is that hike in mortgage rates happens slowly.  This means that real estate investors can make a huge amount of money in the near future.  As a matter of fact, the rates are increasing, and at the same time many people are looking for a residence or a rental.

The increase in profits may not be as high as the increase in rates, but the number of chances to have a huge profit will be huge in the future.

Dc fawcett – Why is it so hard for some people to make money in real estate business?

Real estate is an asset which is immovable. It is not as simple as selling the products that are sold in the market or otherwise. It requires a lot of efforts to make a sale. DC  Fawcett says the  difference between selling a real estate and other projects is the paperwork and the legal formalities involved in it. However, make money in real estate business is within your reach, provided you put efforts.

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Reason for Real Estate Failure – DC Fawcett Real Estate Tips

Making money in real estate isn’t impossible. There are lots of success stories in this field. You need to use right strategies to succeed in this business. More than anything else, you need to be committed and have a solid business plan to succeed in this field. Here are the reasons why some people find difficult to make money in real estate business.

  1. Attitude

    It is the most important thing which can either make you or break you. If you decide to enter into this business out of your impulsiveness such as trying out, it means the lack of commitment from your side. Though many have succeeded in this field, you need to analyze how many years they have spent and the efforts they have put to come to the top level. People focus more on results than the efforts it takes to achieve them.

  2. Little or no savings

    Financial stability is needed to start the real estate business. If you are lacking in it, you will find this journey very tough. It takes some time to build up relationships, create context, show context, and go through the transaction process.

  3. Overpricing

    Fixing a price for the property depend on what type of property you own. You cannot assume that pricing will be the same for all of them though you can fool many customers into buying them but in the long run, it does not pay.

  4. Lack of rapport building

    This is the basic foundation to sell the properties at the price you need. It takes some time to build up this strategy of communicating with the buyers. You need to ask the questions to keep the conversation going to which the answer from the buyers should be “yes.” The important thing is after asking these questions, you should keep quiet and allow the customers to speak.

  5. No buyers

    The common mistake which most of them make is finding the property before finding the buyer which should be the other way round. They simply throw the signs, hoping that deal will be closed if the buyer comes although it may happen. However, in most cases, it does not happen. You need to speak to the investors beforehand, which help you to narrow your search.

  6. Lack of persistence

    People quit if they don’t get success right away at the initial stages. This is the most common thing which should be avoided. Instead of that, you need to stick with a program that gives you a proper guidance.

Dc Fawcett Reviews – To Find Best Investment Rating In Real Estate

Real estate investment is one of the best ways to make money. However, it has always been a challenge to find the genuine real estate company.  The real estate investment rating measures the property’s risk-adjusted returns, compared to a risk-free property asset. A real estate rating is an important factor which can be used as a reference to decide about investing in a particular real estate company. DC Fawcett provides the tips to the investors to find the best investment rating in real estate.

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Dc Fawcett – How to find the best investment rating in real estate?

Though it has been a challenge to find the best investment rating in real estate, it is not impossible to find. When you think about investing in a real estate company, there will be certain hints which cannot be overlooked. You need to see how many stars it has got and read the reviews that the investors had given. Every company gets positive and negative feedback from the investors, depending on the services they got from those companies. The real estate companies may have a rating based on the number of stars they have. The star ratings are from 1 to 7 with 7 being the highest and 1 being the least. 1 star indicates poor service and 7 stars indicate best service. Here are the critical factors which help you to find the best investment rating in real estate.

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  1. Project Developer Quality :

    It assesses the developer’s track records in estimating the stipulated timelines in the project they are currently handling. It determines the developer’s capacity to complete the project in a given organizational setup and the financial budget to fund the project till it is completed successfully.

  2. Project Construction Quality :

    It consists of the creative and innovative concepts that are to be used while constructing the building. Green building, amenities, recreational facilities, etc. are the examples of creativity that are used as a constructing a building. The factors involved in this concept are contractors track records, the developers have deployed, the technology used for construction, easy availability of raw materials and labor, which might lead to time overruns.

  3. Project Legal Quality :

    It refers to clear legal title to the land, government approval status, that includes a 7/12 extract required for the project, which includes land usage, clear environment, clearance certificate etc. for further proceedings. It also covers the sale deed evaluation to make sure that transactions are clear and transparent.

  4. Project Financial Quality :

    It mainly refers to project funding status, mix funding and the financial flexibility of the project.

Advantages

  1. Investors

  • Investors can locate the best places to invest.
  • They can identify the property that is most beneficial to them.
  • The investors can provide objective criteria and the price range that fits their budget.
  • Can calculate the right and expected rent income.
  1. Sellers and Agents

  • Are able to calculate the best price for quick sale.
  • Helps them to expand their property to national buyers’ pool.
  • Differentiate property values.
  • Build confidence in transaction value.
  1. Lenders

  • Can determine the collateral value of present and future.
  • Evaluate possible loss during foreclosure.
  • Decision to foreclose or loan modification becomes easy.

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DC Fawcett – Making a profit via sale of investment property

Property is by no means a trivial investment. Every step you consider pertaining to your portfolio should adhere to the comprehensive goal of the portfolio. If you mission is to gain money, selling off an investment property is reasonable.

Dc Fawcett says ,Selling off your investment property is not as easy as selling a stock. When you are in the process of selling your own home it can be daunting when you are not aware of where to commence. In fact selling off an investment property is also par to the process of selling off your home. The capital issues as well as the tax implications add more difficulties to the sale.

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Investment Property

Now let’s see some of the factors that are important so that you can make a profit out of your sale of investment property:

  • You will first list your property for sale. Here then, confirm whether you have looked up all the possibilities so that it makes a good sale. You may be having different reasons to part off you with property but be cognizant of the tax concerns which will eventually burn some extent of your income.

  • Real estate investors are those who are mainly interested in investment properties as far as promotion concerned. But this doesn’t mean that the other types of purchasers are not interested in your property. Your property might have given use to you to give you a stable profit. This would have been done through rent. But again there are different types of purchasers too who would be the target of the deal.

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  • A real estate agent comes to the aid of you and will help you in expanding the options as far as promoting your house for sale is concerned. By this you have keen interest in the property and get in a substantial deal.

  • When you possess investment property, capital gains is one of the many major benefits. What is its main benefit? These gains are taxed at a lesser rate and there are no fixed limitations on the frequency of utilizing these rates. At the time of selling your investment property you will have the responsibility to pay a capital gain tax. You would be paying a tax when your primary property is being sold off. The capital gains tax is in fact more than this tax.

  • You can avoid expending money on capital gains on the income generated from the sale of your investment. This is done by using the escrow which is utilized straightaway to buy another investment property. There is a section IRS 1031 which gives the benefit of this tax deferral.

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  • For instance you have taken the help of property managers to assist you in dealing with your portfolio of income-generating properties. Here then you can use incorporation to get the benefit of more advantageous tax rules. But again if the investment property falls under your corporation your means of monthly income will not be simple.

  • While selling off your investment property if you do it at the right time and with appropriate methods, you would surely get a substantial profit.

Dc Fawcett Real Estate – How To Calculate Capitalization Rate For Real Estate

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Real estate investors should have a method to derive the property value they’re going to buy. This is required as many times; a person ends up paying more than the expected price which reduces the profit when they are selling the property. The Capitalization rate is determined on the basis of the income from other properties and the recent selling price.

DC Fawcett has advised the investors to use this formula to get the exact value.

What is Capitalization?

It is the rate of return on real estate investment property based on the income you expect the property to generate. In other words, the capitalization rate is used for determining the investor’s potential income on their investment. DC Fawcett Virtual Real Estate Investing Club.

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Capitalization Rate Calculation

  1. You can derive the capitalization rate by dividing the net operating income on the investment by the property’s current market value. Here is the formula:

Capitalization rate=Net Operating Income/Current market value.

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For example, if the recent selling price of a property is $4, 00,000 and the net operating income is $20,000, the capitalization rate has to be calculated.

  1. Divide the NOI by selling price to get the capitalization rate, i.e. $20,000/4, 00,000 = 0.05 or 5%. All that you need is a calculator.

Dc Fawcett Reviews – Selling the property

You should know what price to fix for selling the property taking all the expenses and the cost price into consideration. For instance, you own a small apartment or the plot and want to sell it. However, you do not have the idea of what rate the property has to be sold. For this, you need to check the current rate for the property similar to yours. Though you find the property sold three or four months back, the catch is about the net operating income which is sometimes published in the listing. If you get three property cap rates on an average of 9% and your net operating income is $36,000, the NOI cap rate is:

$36,000/0.09 = $4, 00,000 which is your property value.

The decision is entirely yours whether to ask for the price for the property or take it from the market.

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Buying the property

When we buy the property, we are on the other side of the transaction. If you target to buy a small apartment, you should check whether the price quoted for the apartment is worth or not and whether you are being overpriced. If the price is $5, 00,000 and the capitalization rate is 10%, here is the calculation.

$5, 00,000 x 0.1 = $50,000, which is the required net operating income.

The capitalization rate is useful as it helps you to get the information about the investment, so interpretation becomes easy and you get the fair idea when you decide to buy or sell the property. The capitalization also helps you to know what amount you are earning on the property.

Conclusion

These are some of the basic points on how the real estate commission works as reviewed by Dc Fawcett.

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