Actually buying a beach side property or a property near to the prime locations is a better investment
I feel you should the property a bit longer and it will fetsh you something handsome.
I have completed it and it is worth the money you pay for it.
It is very educative. and covers many topics
The appreciation inthis areas is the best and i bet that every deal is a profitable deal
That is good that you have the business in hand.
To get the best deal and the prevailing rates find an professional agent for this purpose
That is great that you want to work in this field.
Let me discuss this with my friend and i will do something for you
I think that can be fixed provided you like the property and it suits the budget
I think you have to deal with this topic very cautiosly because it is a matter of property.
Get the paper done right and dont keep any loop holes.
With this kind of income comming i think you can do both at one go.
Arrange systematically
At the moment at this point of reccession the prices have crashed down.
Why dont yoou stay put for some time till the things go well.
I think if you have good credits then you have good chances ofavailing money on short term basis and invest in the property and keep a hawks eye and get the property out with a decent profit.
It is risky to have a variable rate of intrest.
A fixed rate will help you freeze the EMI you have to pay
Provide them with a $1000 deposit and if required or he does not agree put in a condition of 25% escalation for the next 3 years.
Keep the record of the rentals you recieve and at the end of the financial year you can provide him the record and avail tax benifits for you.
Provide a higher counter offer on the asking price.
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