Tag: 海外房产

10 Tips & Tricks to Maximize Real Estate Return while Minimizing Risk

Look at vacancies, foreclosures, crime, average income, property condition, state of amenities, reserves, and deferred maintenance. Look at population and infrastructure trends. Get an inspection done before purchasing. Treat tenants well (after you vet them carefully), but be strict with them on payment.

1. Don´t be in a hurry 
Before browsing real estate advertisements and listings, it is important to sit down with a blank piece of paper and think carefully about what outcome you wish to achieve from this purchase. 

Is it a steady income from a buy and hold? A capital gain from a property that can be renovated and quickly sold? A property that can be rented initially and used as a retirement home in the future? Time spent considering these basic issues is very well spent. As Warren Buffett once said, an opinion poll is no substitute for thought. 

2. Consider your exit strategy when you buy, not when you sell

Before signing on the dotted line, think carefully about who will buy this property from you in 3, 5 or 10 years time. 

Is it another investor? If so, you need to sell a strong rental yield. 
A tourist? They can be very fickle and vacation markets can get saturated. 

A local owner occupier? The biggest pool of buyers, but they will want to be in a safe clean neighborhood near good schools.

3、 Do your homework on the selling agent
Prospective buyers often spend the vast majority of their research time examining potential properties but nowhere near enough tim