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MILLENNIALS’ COMMON MONEY MISTAKES

Every generation seems to think the next generation isn’t doing it right. My children used to say my well-meaning “advice” based on my experiences, are no longer having any relevance in our fast-changing world. Over the past three decades the rate of change has been enormous due to rapid technological advances. Plus, society as a whole is also evolving with more people choosing to never marry or have children or to have children later.

Ways the Recession Can Make You Rich

It’s in the press in the past few months: Slower 4th Quarter 2016 Napic report for real estate, indicates that the recession has set in. Despite the dark forecast of grim years ahead, every cloud has a silver lining — and a recession is no different. In fact, the best deals come from the 3 Ds; deaths, divorces and defaults — three things that spike in any recession. It’s in recession that’s where you get the best deals.

Ways to Survive in Market Slowdown

The real estate market has changed compared to what it was five years ago, but that mean we will be facing rough patches ahead — and likely a couple of years of slowdown. So how can you as an investor safeguard yourself against them? Ways to Protect Yourself Historically, real estate cycle rises and falls in an 18-year property cycle like clockwork according to Phil Anderson. Periods of recession appear and recede after approximately every 14 years of rise.

Is a Market Correction Imminent?

It looks like the boom days have changed. In the recent Napic 4th< qtr 2016 report, the real estate data indicates that things may no longer rosy as some want us to believe. Napic report indicates that it will take a few years for the overhand to clear. While you may not be able to know crystals clear the future 100%, there are numerous ways we can analyze the past and make some educated assumptions as to the future of the real estate market.

The 4 types of property investor look for

Property investors can generally fall into two categories i.e. a specialist or a generalist. Specialist investors focus on one particular locality – and most have a preference for either houses or flats, for example. In fact, the most successful investors I know buy the exact same type of property over and over again – because that way it’s easiest to get the numbers right and be sure about the demand.