1) The money you make when you buy, not when you sell
If you buy at a discount, you will never go wrong. You will also not buy the most liquid real estate in the world, but when you have a margin for resale, everything becomes easy.Conversely, if you buy with little or discount to market price because “the market goes up so much” you find easy to put up with the lit match in hand.
2) Buy more and be a motivated seller
Who is a motivated seller? One who wants to sell, or a person who does not want to hold that property for any reason. In short, not to waste time with someone who clearly has the time or money, and aims at achieving maximum benefits. Look for one that however does not have time and maybe even money. It will be motivated!
3) Lovers of the deal, not the property
From that point, it can no longer be objective. But remember that it is never Faridabad affordable homes that is to make money, neither the brick you put in the bank. And the deal is that property that does make money. Focus more on the deal, never on the property.
4) Learn how to trade
If you want to get to negotiate, there is a workshop that teaches you. However, a simple rule is this: Never say the price first. It’s a rule of thumb that works in all sales opportunities, not only with real estate. The first mentions that a price will eventually lose. The same property may be worth a lot of different prices (up or down depending on whether you are selling or buying) and depends on your ability to negotiate.
5) Try to buy with little or no money
The real estate investments is a business to do with debt. Investing in real estate with his money nullifies the advantages of this type of investment. So always try to buy with little money as possible, or better yet, zero your money.
6) First real estate capital and then cash flow
The cash flow is the proper health of business. You can also have a profitable business, but if your cash flow is negative quickly end up upside down.
With real estate, the liquidity becomes “making income,” renting. However, in India, it is tough to have a positive cash flow if you rent a property on which you’re paying a mortgage. You will need to create instead of the capital with trades and then use that money – along with leverage – to larger operations that will aim to generate cash flow.
7) The real estate deal of a lifetime happen every week
In real estate business, there are deals always, in every period and any market. If there is anything, then the main problem is finding them. But to start, you have to start believing that there are.
If you start thinking that they can find the homes of at least 30% off, with financing options to your advantage and opportunity ‘selling easy and profitable, you’ll start to find them. So if the one on which you’re dealing with do not find entirely convincing, believe me, the sea is full of fish. Jump to the next affordable apartments in Delhi.