Skip to main content

Featured

My Father's Advice

MY FATHER'S ADVICE... 1. Not everything will go as you expect in your life. This is why you need to drop expectations and go with the flow. 2.Reduce bitterness from your life, that shit delays blessings! 3. Dating a supportive woman is everything. 4. If you want to be successful, you must respect one rule - Never lie to yourself. 5. If your parents always count on you, don't play the same game with those who count on their parents. 6. Chase goals, not people. 7. Your 20's are your selfish years, build yourself, choose yourself first at all cost. 8. Detachment is power. Release anything that doesn't bring you peace. 9. Only speak when your words are more beautiful than your silence. 10. Invest in your looks. Do it for no one else but yourself. When you look good, you feel good. Normalize dressing well, you're broke not mad. 11. Some people want to see everything go wrong for you because nothing is going right for them. 12. Being a good person doesn't get you lov...
Post a Comment
Read more

Making money in Real Estate-The Panagora Blog

 Asset Appreciation

A real estate property appreciates in value due to several factors including:

  • Lack of free land to build more houses as demand for housing increases. Scarcity leads to price appreciation.
  • Construction of major infrastructure such as malls and highways near the property thus increasing its accessibility and convenience.
  • Upgrade of the property with newer amenities.
  • An upsurge in the economic conditions of the region, turning it into a growth area.

If all the above happens, your property becomes attractive to potential buyers or renters and you can dictate the price.

Rent income

This is also known as cash flow income. Here, you acquire an apartment building and then lease it to one tenant or a host of tenants where you will be collecting rent at the end of every month (year). Consider renting your property as offices, rental residential houses, car washes, storage facilities etc.

Commissions for Buying and Selling Real Estate

This is the money made by real estate brokers who get to keep a percentage of the money paid by the buyer after they sell a property on profit.

There is also the real estate management companies who collect rent on behalf to the landlord and then get to keep a small percentage of the rent money. The real estate management firms run the day to day operations of the estate such as the orientation of new tenants, hiring plumbers and electricians to fix faults, ensuring the neighbourhood’s security etc.

Ancillary Income

Another way investors in the real estate industry make money is by installing ancillary profit generating infrastructure within the estate. This infrastructure may include vending machines, laundry facilities, ATM’s etc.

Email Post

Comments

Post a Comment