BEST LOCATION , BEST INVESTMENT!

How to spot
Good Location for your Real State Investment?

* Every body wants a good location! There are so
many good locations but the question is, is the
price right? In most cases, they are over priced!
Your paying Capacity the moment the location was
offered to you? Can You afford it? You Must define
your object in investing in that particular location.
Is it immediate? Short term or long term?

If you’re a beginner or a small time Real Estate
Investor, Don’t position yourself in a developed
Business District already. I would be best to
position your investment in an area where there
is a very positive massive development in the near
future. Meaning, the area that you have to look for
is still undeveloped.

Let says, if the area is not yet fully developed,
but Mall operators are starting to position due
to Government’s Program in developing the Area
like the infrastructures, The Transportation like
the Railways,(MRT) Metro Rail Transit, (LRT) Light
Rail Transit, Air Port, Sea Port, ETC. Another thing
you must consider, will it bring in cash to your
pocket? What’s the time table? If not, consider it as
a liability specially that investment will take out
money from your pocket due to Real Estate Taxes!

Consider also the (FAB) FEATURES, ADVANTAGES AND
THE BENEFITS! Always consider the short term and
the long Term! Let’s say, your cash is limited,
but the location that was offered to you is an easy
installment plan, meaning very affordable and a
perfect location as far as all aspects were considered!
Like travel time to the Church, School, Hospital, malls
and work place or from your Business!

If the present value is still very low, and there is
the probability of hitting high due to future developments,
then this could be a niceinvestment. Always put it in mind
that Real Estate Investment is a long term Investment.
You should project a time table no less than 10 years.
Meaning, the way you look at the projected Development
is to ask yourself what will happen to this area 10yrs.
or 15 yrs. or even more from now? If you have good
information about the future Development, then it's a
BINGO! That would be a perfect location for Investment.

There are Big opportunity in Real Estate Investments
where in sellers/land owners don’t have the idea on the
value of there properties! You have to spot on these!
The most important aspect in Real Estate Investment is
on your Part, The Due diligence! You must check the
documents, Go to the register of Deeds first
and check it if it’s a clean title? If you’re talking
to the right owner?

See to it that your payment should go directly
to the property owner or Developer. Always remember
that stories can be created just to get your
cash/payment! Don’t Rush! If possible, Make it a habit
to use check in Real Estate Payments. It’s easy to trace
when problem occur if there’s a paper trail!

I hope you learn something on this...

Thanks for Your time,

Peter E. Cadorna