Global Real Estate Investment Market

Description

The real estate market has assume a different dimension in this modern times, the need for residential and even commercial accommodation has increase in many folds do to the increase in population and global migration. We must also understand that in many countries and cultures around the world property acquisition is a sign of prosperity or worthiness, when you also look at the basic fundamental human needs shelter is very important component of human existence and each and every one wants to have it if need be.

Real estate is a capital intensive venture and it is not always profitable as we all assume it to be, to make it profitable you need to understand the market very well and have advance knowledge in the field. The are a lot of cost involved in real estate market such as search cost, brokerage cost, legal and administration cost, statutory cost and financial cost, one need to understand or this cost implications in other to know the total through cost involved in acquiring accommodation, since a lot of people under estimate the through cost involved in this transactions.

For the sake of this program we want people to understand the through cost of owing a property such as purchase price, interest paid, notional interest, insurance and maintenance. You must be aware of all this cost because if you fail to understand and know them you will have a very bad business transaction. If you want a cash flow in real estate business then rental business is the best option because globally the rent business appreciate from 8% - 10 % which is very good as a business.

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