I am a big fan of Pad Mapper (http://padmapper.com) – but recently they have been having problems after getting sent a cease and desist letter from Craigslist for scraping their data. That is too bad, really. I really like map-based search tools, because as they say, real estate is all about location.
Recently I have started to look for a new apartment – my guitar collection has increased in size and now I need TWO rooms just to fit all my gear in. Yes, my brand new Gibson SG is pretty sweet. It also comes with a nice 100W tube amplifier. But I digress…
Calling Sara, My Real Estate Broker
So I called up my real estate agent and she told me that she would shortlist a number of properties which I can look at by the weekend. I became impatient, and I went to Google to search for houses and apartments for sale just to see what are available online as far as good properties are concerned. I have never liked the idea that realtors seem to monopolize all the data when it comes to real estate transactions but I guess that’s just me…
From my experience apartment hunting there are some important pointers that you need to bear in mind:-
Always start with location. I have some Iowa real estate enthusiasts and friends who insist on living right in the middle of the city (Des Moines), and some who wanted to hole up in some barn. You pick your poison.
It helps if you have got a nice and helpful real estate broker who has got your interest in mind, and not somebody who is just out there to milk you dry.
Have a budget. If you have the money to invest in a piece of prime real estate, then go for it!
If you are new to real estate investments then you might have questions regarding how to properly invest in order to maximize your returns. We have been in the property investment business for more than 12 years here in Des Moines, Iowa, and so we are in a good position to help you make your very first investment that may yield handsome returns for you.
Despite the current doom and gloom surrounding the real estate, there are some good opportunities provided that one looks hard enough for them! For starters, we have stopped advising our clients to buy properties in US – simply because the opportunities outside the country are more attractive – at least from a Return-On-Investment (ROI) point of view. In this short article I will be sharing with you some overlooked opportunities which you should consider if you want to make the most amount of money in the shortest time possible. Read on…
Looking East – Some Real Estate Investment Opportunities Under The Radar
For the past few years I have been advising my private clients to look out for good properties to buy in Malaysia. This serene country of 25 million people is one of the places where the real estate sector has been booming up in the recent years. Relative political stability has pretty much contributed to this. Prime locations in Malaysia for real estate investing are the Kuala Lumpur City Center (KLCC) area – home to the famous Petronas Twin Towers, Bangsar, Subang Jaya and Puchong. You should be looking for houses for sale in these areas where the upside for property value appreciation is high. Many of my clients have reported good earnings from their investments in Malaysia. We believe this trend will continue for at least the next 5-10 years, if not longer.
We regularly monitor the Malaysian market in order to spot opportunities and monitor the property prices. Some of these resources are goodplace.my, i Property Website and propertureviews.my. Local expertise cannot be understated when it comes to real estate investing – particularly in the international markets. Because of this, we have forged alliances with local experts, realtors and brokers in order to keep our ear on the ground and look out for new developments. We have also represented some big brands that you may have heard of at some point.
If you want to find out more how you can go international (and particularly to places like Malaysia to invest your hard-earned monies) then drop us a line here and we will be able to help you. We also have a number of free reports which we can send to you on these topics:-
How To Invest In Malaysia Real Estate
Property Scams – What You Need To Know
1,001 Real Estate Brokers And Realtors Directory (Updated For 2012)
In my next blog article, I will share with you a special link that will spin your head right round.
Article contributed by: Russell Lee, senior real estate broker at Iowa Property Consultants, LLC. Russell specializes in international real estate, particularly in Malaysia, Singapore and Thailand.