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Tags: Additional Income, Clarification, Disarray, Expert Investors, Financial Gain, Investing 101, Market Guru, Owning Rental Property, Percentages, Principal Reduction, Real Estate Investment, Rebuttal, Rochester Mn, S Real Estate, Savvy Consumer, Several Ways, Stock Market Investing, Studio Audience, Television Show, Tim Williams
DSP Merrill Lynch has appointed Nipun Sahni director and head of India global commercial real estate. Sahni’s will be responsible for the firm’s real estate principal investments in the country, based in Mumbai.
Hemendra Kothari, chairman, DSP Merrill Lynch, says, “Nipun’s appointment is a strategic addition to our team and underscores our commitment to expanding our business lines in India. We look forward to capitalising on the many opportunities within the rapidly emerging real estate sector in the country.”
Timothy Grady, managing director and head of Pacific-Rim global commercial real estate, Merrill Lynch says “Nipun’s appointment significantly increases our bandwidth and footprint on the ground in India as we continue to roll out our commercial real estate investment platform in the country.”
India’s real estate market has attracted interest from a host of global players including Citigroup, Goldman Sachs, Morgan Stanley and others. With the Indian economy forecast to grow at 9% this year, real estate in the country is still considered undervalued. However, a huge run-up in asset prices over the last few years has made it critical to place bets carefully going forward.
Sahni joins from GE Commercial Finance in India, where he was country head of real estate. He has also worked with Ranbaxy. Sahni completed a masters in finance degree from the University of Delhi in 1994.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
About the Author
None
Tags: Asset Prices, Commercial Real Estate Investment, Country India, Dsp Merrill Lynch, Finance Degree, Ge Commercial Finance, Global Players, Goldman Sachs, India Real Estate, Indian Economy, Investment Platform, Masters In Finance, Merrill Lynch, Morgan Stanley, Pacific Rim, Principal Investments, Real Estate Investment, Real Estate Sector, S Real Estate, University Of Delhi
DSP Merrill Lynch has appointed Nipun Sahni director and head of India global commercial real estate. Sahni’s will be responsible for the firm’s real estate principal investments in the country, based in Mumbai.
Hemendra Kothari, chairman, DSP Merrill Lynch, says, “Nipun’s appointment is a strategic addition to our team and underscores our commitment to expanding our business lines in India. We look forward to capitalising on the many opportunities within the rapidly emerging real estate sector in the country.”
Timothy Grady, managing director and head of Pacific-Rim global commercial real estate, Merrill Lynch says “Nipun’s appointment significantly increases our bandwidth and footprint on the ground in India as we continue to roll out our commercial real estate investment platform in the country.”
India’s real estate market has attracted interest from a host of global players including Citigroup, Goldman Sachs, Morgan Stanley and others. With the Indian economy forecast to grow at 9% this year, real estate in the country is still considered undervalued. However, a huge run-up in asset prices over the last few years has made it critical to place bets carefully going forward.
Sahni joins from GE Commercial Finance in India, where he was country head of real estate. He has also worked with Ranbaxy. Sahni completed a masters in finance degree from the University of Delhi in 1994.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
About the Author
None
Tags: Asset Prices, Commercial Real Estate Investment, Country India, Dsp Merrill Lynch, Finance Degree, Ge Commercial Finance, Global Players, Goldman Sachs, India Real Estate, Indian Economy, Investment Platform, Masters In Finance, Merrill Lynch, Morgan Stanley, Pacific Rim, Principal Investments, Real Estate Investment, Real Estate Sector, S Real Estate, University Of Delhi
DSP Merrill Lynch has appointed Nipun Sahni director and head of India global commercial real estate. Sahni’s will be responsible for the firm’s real estate principal investments in the country, based in Mumbai.
Hemendra Kothari, chairman, DSP Merrill Lynch, says, “Nipun’s appointment is a strategic addition to our team and underscores our commitment to expanding our business lines in India. We look forward to capitalising on the many opportunities within the rapidly emerging real estate sector in the country.”
Timothy Grady, managing director and head of Pacific-Rim global commercial real estate, Merrill Lynch says “Nipun’s appointment significantly increases our bandwidth and footprint on the ground in India as we continue to roll out our commercial real estate investment platform in the country.”
India’s real estate market has attracted interest from a host of global players including Citigroup, Goldman Sachs, Morgan Stanley and others. With the Indian economy forecast to grow at 9% this year, real estate in the country is still considered undervalued. However, a huge run-up in asset prices over the last few years has made it critical to place bets carefully going forward.
Sahni joins from GE Commercial Finance in India, where he was country head of real estate. He has also worked with Ranbaxy. Sahni completed a masters in finance degree from the University of Delhi in 1994.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
About the Author
None
Tags: Asset Prices, Commercial Real Estate Investment, Country India, Dsp Merrill Lynch, Finance Degree, Ge Commercial Finance, Global Players, Goldman Sachs, India Real Estate, Indian Economy, Investment Platform, Masters In Finance, Merrill Lynch, Morgan Stanley, Pacific Rim, Principal Investments, Real Estate Investment, Real Estate Sector, S Real Estate, University Of Delhi
DSP Merrill Lynch has appointed Nipun Sahni director and head of India global commercial real estate. Sahni’s will be responsible for the firm’s real estate principal investments in the country, based in Mumbai.
Hemendra Kothari, chairman, DSP Merrill Lynch, says, “Nipun’s appointment is a strategic addition to our team and underscores our commitment to expanding our business lines in India. We look forward to capitalising on the many opportunities within the rapidly emerging real estate sector in the country.”
Timothy Grady, managing director and head of Pacific-Rim global commercial real estate, Merrill Lynch says “Nipun’s appointment significantly increases our bandwidth and footprint on the ground in India as we continue to roll out our commercial real estate investment platform in the country.”
India’s real estate market has attracted interest from a host of global players including Citigroup, Goldman Sachs, Morgan Stanley and others. With the Indian economy forecast to grow at 9% this year, real estate in the country is still considered undervalued. However, a huge run-up in asset prices over the last few years has made it critical to place bets carefully going forward.
Sahni joins from GE Commercial Finance in India, where he was country head of real estate. He has also worked with Ranbaxy. Sahni completed a masters in finance degree from the University of Delhi in 1994.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
About the Author
None
Tags: Asset Prices, Commercial Real Estate Investment, Country India, Dsp Merrill Lynch, Finance Degree, Ge Commercial Finance, Global Players, Goldman Sachs, India Real Estate, Indian Economy, Investment Platform, Masters In Finance, Merrill Lynch, Morgan Stanley, Pacific Rim, Principal Investments, Real Estate Investment, Real Estate Sector, S Real Estate, University Of Delhi
Real estate Sotheby?s auctions are most popular for special type of properties such as the monumental or ancient properties. Sotheby?s is one of the world?s oldest auction houses. The Sotheby?s was founded in England in the year 1744 for auctions of scarce and valuable books and it is now most popular and its revenue has crossed $2.0b mark. The auction house has done a tremendous work to increase its revenue and profit in the last two hundred and sixty years and some of the expansion work includes the acquisition and mergers. In Manhattan, New York the auction house Sotheby?s has one excellent office.
There is a set procedure of auctions at Sotheby?s and you have to act accordingly to get your property listed for auction. If you are willing to sell your property or real estate you will have to contact the companies office and their representative and specialists who will evaluate the real estate and help you through the entire process of sale. Actually evaluation of the real estate is one of the complex procedures and is generally carried out by the experts and once your property is evaluated, a minimum bid price in consultation with you will be arrived at. Sometime the experts may not find the real estate suitable for sale and in such conditions it is not possible to auction the real estate, but is happens rarely.
If you agree to this minimum price of the bid, you may be asked to sign a contract and the auction procedure is initiated. You should go through the contract in details as all the terms and conditions including the reserve price, the commission and other sale terms are mentioned in the contract. The contract will be binding on you and you can not cancel it later on, so be careful before signing and if you have any doubt you may enquire it from the companies representative. The expert representative of Sotheby?s will also tell you the date and venue of auction. Further the minimum price bid or reserve price of the real estate should be carefully considered before actual auction and all other options should be discussed with the company?s representative.
If there is no bid above reserve price you will have to pay for the Sotheby?s for the auction and as it involves cost, you should carefully set a reserve price for your real estate in consultation with the experts. People do calculations carefully and take the experts advice twice before going for an auction. Therefore real estate Sotheby?s auctions should be carried out in such a way so that you get the maximum benefit from the auction and at the same time you need not go for another auction.
Tags: Acquisition, Act, Auction House, Auction Houses, Bid Price, Consultation, Contact, Doubt, England, Estate Auctions, Expansion Work, Expert Representative, Investing, Manhattan New York, Mergers, S Real Estate, Sixty Years, Sotheby S, Valuable Books, Venue
Over the past few years, real estate investors, hungry for break-even or positive cash flow rental properties, purchased income properties out of state. California investors bought houses in Florida, Texas, and Oklahoma. Florida investors purchased houses in Louisiana. Texas investors purchased in Las Vegas. Many of these investors made millions of dollars because of the appreciation in hot markets.
On the other hand, in 2005, some beginning investors lost their hard-earned investment capital or only made a meager profit because they failed to do their homework on the out-of-state area’s real estate market and customs.
If you ‘re thinking about buying investment properties in a different state than you’re accustomed to, beware of these five surprises.
Surprise # 1 - ‘These (extra) costs are the norm in this state!‘
Besides extra closing costs like pricey surveys, common in Florida but rare in California, other surprise costs included higher transfer fees and taxes. Property taxes in Florida cost much more for investors in Florida than in California. On the other side of the country, out-of-state investors were shocked by California’s state tax held in escrow: 3.8% of the property’s SALES price, no matter the actual profit made. In other words, an investor who made a quick profit of $20,000 on a fast flip could have more than the profit held until the next year’s income tax filing.
Surprise # 2 - ‘You can’t lease this property!‘
New home developers and many Homeowners’ Associations (HOA)s prohibit property owners from leasing their properties. Some of these restrictions got passed, without the investor being notified, during the property purchase phase. You must read the fine print to see if any clauses prevent the rental of the property. Home builders, to keep the value of the neighborhood up, added restrictions requiring the purchaser to occupy the home as a primary or secondary residence.
Surprise # 3 - ‘This house will only rent for $750 per month, not $1200!‘
This was one of the top mistakes made in 2005. Large real estate investing groups, selling out-of-state properties to local investors, inflated the rental income. Because so many houses were purchased in a limited area by investors, a rental glut lowered the expected income. This created hardships for investors who suddenly had to pay out hundreds of dollars a month instead of reaping promised profits.
Surprise # 4 - ‘You can’t sell this house, now!‘
Some investors who couldn’t rent the out-of-state property decided to sell because the values did rise significantly while the house was built or during the purchase time. However, many investors were stunned when they were told they couldn’t sell the property within the first year after purchase. Restrictions prohibiting real estate investors from quick-turning their properties is a trend that is growing increasingly popular with some developers.
Surprise # 5 - ‘Houses don’t appreciate 30% per year here!‘
Perhaps you’ve attended or been invited to a high-power investment seminar that promotes out-of-state real estate investing. Some of these ‘investor clubs’ really are promoters who receive kick-backs in real estate commissions, property management fees, mortgage loan fees, and even fire insurance premiums. They tell stories of huge appreciation gains, which are probably true. However, not all areas enjoy significant appreciation–year after year.
Don’t make the costly mistake of not fully researching the complete market customs and restrictions in the area where you’re thinking about investing. If you can’t afford to go check out the area in person, choose another area that you can visit.
Copyright ? 2006 Jeanette J. Fisher
About the Author: Jeanette Fisher offers FREE “How to Start Real Estate Investing Teleseminar,” free ebook, “The Truth about Making Money Flipping Houses” http://doghousetodollhouse.com
Tags: Clauses, Home Builders, Homeowners Associations Hoa, Income Tax Filing, Investment Capital, Investment Properties, Meager Profit, New Home Developers, Positive Cash Flow, Property Owners, Property Taxes In Florida, Purchaser, Quick Profit, Real Estate Investors, S Real Estate, S Sales, State California, State Tax, Surprise Costs, Texas And Oklahoma
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A recent television show about investing featured a panel of expert investors from different fields. The ones that caught my attention were from the fields of real estate and stock market investing. And they were sharing information with the studio audience about their secrets to making money. However, there were a few items that needed further clarification about the true potential of real estate investing, since they were seemingly swept aside on the program. And these lessons are helpful for anyone making a decision about getting into the real estate market with financial gain in mind.
Before the stock market guru enthusiastically persuaded the audience to put their money into individual stocks, he stated that the Real Estate Market was in disarray and that even in good years Real Estate would only appreciate at single digit percentages. While the latter is often true, I was surprised at how blatantly this gentleman overlooked the other key aspects of a Real Estate investment and wondered if the general public saw the benefits as narrowly as this man. There are at least four key issues worth mentioning in regards to that perspective. And while there are several ways to invest in Real Estate, this particular rebuttal will list some of the advantages of owning rental property.
1. ?The Buy?- As is the case with any investment, the goal is to buy low and sell high. Today?s Real Estate market offers plenty of opportunities for a savvy consumer to purchase a home for 80 to 85 cents on the dollar. My mentor agent of The Williams Home Team in Rochester MN always says, ?You don?t make money when you sell a house, you make money when you buy it!?
2. Cash Flow ? If the rental income on your property is greater than your mortgage, which is often the goal, than you are making additional income. It is important to note that this income has not yet been taxed.
3. Principal Reduction ? Allowing someone else to make the payments on your house is a beautiful thing. Just like the mortgage on your personal residence your investment mortgage is going to be amortized with most of the interest on the front end of the loan. Time is very powerful in this regard. And you can keep your money in other investments, earning you interest over the long run.
4. Tax Savings ? Your mortgage interest as well as all operating expenses and improvements to your property are tax deductible. This is also a great savings over time.
When investing in stocks, the industry goal is to beat the benchmark of the market as a whole, which appreciates at an average rate of 10-12%. While the aforementioned gentleman was accurate in saying that typical Real Estate markets only appreciate at single digit percentages, when taking into consideration these overlooked aspects one can often times see far greater returns. Talking with a financial advisor or real estate agent may also prove beneficial in your endeavor to secure a financially viable real estate investment property.
Copyright ? Tim Williams
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Tags: Additional Income, Clarification, Disarray, Expert Investors, Financial Gain, Investing 101, Market Guru, Owning Rental Property, Percentages, Principal Reduction, Real Estate Investment, Rebuttal, Rochester Mn, S Real Estate, Savvy Consumer, Several Ways, Stock Market Investing, Studio Audience, Television Show, Tim Williams
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