5 Features that make a profitable Rental Property

Investing in a residential rental property can be a great and profitable way to boost your investment portfolio. However, real estate is a tough business. For this reason, it’s important to do detailed research on the pros and cons of real estate investing before buying your first property.

It is important to start your search for property before bringing an agent into the picture, as they may pressure you to an investment that is not best suited for you. During this preliminary research, you’ll want to narrow down several key characteristics you are looking for in your property, such as size, location and amenities. In this article, we will discuss 5 key features to look for to ensure that your real estate investment is a profitable one.

1. Know Your Neighborhood

The location of your property is one of the most important things to consider. Knowing which type of neighborhood you are investing in will determine the type of tenants you will attract, as well as your vacancy rates. For example, if your property is near a university, then you …

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Is the Housing Market Really Recovering?

The Irish property and housing market have been working to recover since 2012, solely funded byways of international capital.

That’s nearly 6 years of borrowing to achieve a market that remains in the midst of a crisis.

Foreign investors have for long been a very prominent component in the market as they have achieved multiple ways of investing in properties and homes in which provided for a strong return.

International investors have been tracked as using a strategy in which all of their funds went to purchasing the most inexpensive properties in the cities of Ireland and reselling them at extremely high prices to buyers.

This is a smart way for investors to get the highest return possible and make the most out of their investment contributions.

Some investors have begun in the flipping business in which they would sometimes reconstruct entire office blocks for re-selling. By doing this they as said above, are able to buy for extremely low prices and make a large profit margin when reselling.

The latest development in the …

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Fast Track Repossessions, what does it mean?

There has been an interesting development in the area of repossessions in recent weeks in which a property can be taken back (repossessed) without a full court procedure having taken place. Today we will consider how this will work.

First of all, there are several things which tie in together in 2009 and they form part of reason behind the new ruling. The use of circuit courts to repossess a home used to be commonplace because the decision was set in a court depending on the ‘rateable value’, but the domestic rates system was discontinued in 1978, thus, the hearings started to default into the higher echelons of judicial decision making and today the common court for repossession hearings is the High Court.

The new rule means that a Registrar will decide what is seen or not by the court and a side effect of this is that a house can be repossessed without actually going before a judge. It is important to note that a registrar is not merely a …

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