Find Good Canadian Property Online

In the present scenario, where property dealing is catching fire, getting a right agent or dealer is very important. Horizon Properties is such a resource center which provides you with the database about the agents available for best deal. Canada real estate agents depending upon your criteria and needs. It gets you in contact with the real estate broker in Canada who are willing and capable of making your dreams of property come true to time. It offers you free service which facilitates your experience to buy a house in Canada, selling homes in Canada.

Use of Horizon Properties’ service is very easy and you need not hassle about finding a correct agent for your property. It saves your energy and time and there is no need to search for those thousands of listings which come in the newspapers or available online to buy a home in Canada.

You only need to do is to create your profile on the site in order to start dealing through Horizon Properties. It will take not more than three minutes to create your profile on the site but the point is that you can get a best deal out here. So why not give it a try for homes for sale in Canada and earn profit for your property deals.

Due Diligence and Overseas Property Investment

Most property investors that have been active over the last few years have probably considered looking overseas in their quest for decent investment opportunities. I myself have, on countless occasions, looked into overseas property but most of the time find myself put off by what seems a very difficult and long winded process. One angle I do love the idea of is buying an overseas investment property in an area where you would enjoy holidaying but also getting the added bonus of good capital growth.

I know there are plenty of overseas opportunities out there which give you 30 days free use a year, but how strong are these as investment opportunities and should you be governed by this or not?

I think the first thing to look into is what you expect to gain out of overseas property investment?

• Medium to long term capital growth
• Rental Yield
• Buy to sell opportunity
• An investment to holiday in as well

Now if your overall aim is to make money from this overseas investment then you should probably take it that if you can get an element of “free holiday” a year it will be a bonus. As far as looking into the individual overseas investment opportunities available I will not go into specific countries now.

What I will say is that I have been investing in the UK for the last 4 years and can tell you that the tried and tested methods of spotting a good opportunity are really not that different wherever you invest. Look at the historical capital growth, the comparables in the area, rental comparables, speak to rental agents about the occupancy rate for these overseas investment opportunities.

All of these are points which are very easy to do in the UK but I think a lot of investors feel it is too hard to do the same on overseas property. If you start your due diligence with a list of points that you need to satisfy before you proceed, and not stopping until you fulfill all of these points then you shouldn’t go far wrong.

English is 2nd most widely spoken language in the world so you should be able to find someone that can help you with most overseas investments. Dig as far as you can into the history of the site you are looking at, if possible look on forums where overseas investors have purchased.

You really can do the same level of due diligence on overseas property as you can in the UK, it may take longer but it is possible. Don’t take any other person of companies word on the overseas opportunity you are looking at, remember due diligence is key!

Property Portfolio - Who Needs a Pension Scheme?

Do you have enough in your pension scheme to comfortably retire? Will you have by the time retirement looms? How much do you need to retire? Does around £25,000 a year sound about right — this means you will need a retirement pot of around £500,000!

Various Friends and Family members have pensions through work, they pay in around £300 per month and this gives you a pension of around £108,000 of your own money if you work there 30 years. Now say the company you work for matches that money, that’s £216,000, after 30 years of work and an annual pension of just £10,800!

Ok, say I can show you how to have a decent sized pension and you needn’t put anymore than around £300 in… interested? The Answer is Property Investment, more specifically Buy to Let.

Take a £200,000 flat in Manchester. Buy at a 15% discount (lots of these deals around!)

Rent at £1000 pcm.
Management fee of £100 pcm
Take home £900 pcm.
Buy to Let Mortgage at 5.8% of £200,000 = £1,185 repayment pcm.

This will cost you £285 per month.

Say property goes up a conservative 5% per annum over the next 30 years. In 2037 that same property should be worth £864,388 and you will own it outright! As far as rental income is concerned. Taking a rental increase of 5% per annum you should receive around £4321 pcm or £51,852 per year.

Now I know that your pension scheme will also increase in value, however, the actual monthly or annual return is not what interests me. The point that interests me is that your retirement fund will decrease as time goes on. Say you manage to save up £500,000, in 20 years time, taking an annual income of £25,000 all the money is gone!

Using Buy to Let Property as your pension, the property retains its value and you get your income from the rental of that property. So not only do you have a property worth £864,388 which you can draw on whenever you need, you also have a yearly income of £51,852.

Saying that, I would like to end up with a balanced portfolio, I have some money in Shares and would like to add to my portfolio as well, perhaps the secret is not to put all of your eggs in one basket?

In conclusion, the safer bet would seem to be a pension scheme, but I will point out that over a historical average, property has doubled every seven years, this is around 5% per annum. The same goes for rentals.

A friend of mine recently bought his first house and was amazed a year later when he came to remortgage, that it had risen £30,000. He pointed out that this was more than he made in a year, to which I pointed out….imagine if you had 2!

Finding Your Investment Property

Right now I’m up in Bend Oregon looking at potential real estate investment properties. I drove up here from San Francisco last Friday and will be here until the 28th. Oregon has really boomed (especially Bend) over the past several years and it shows. I remember coming up here years ago and seeing single family homes going for $250k. Now the same style is going for $450k.

My observations:

• More people are moving up here to retire
• Investors bought up properties since CA or other west coast states are too pricey
• Oregon was undervalued or at least perceived that way

Now I actually came up here looking for a vacation/rental home for myself. Something I could rent out 75% of the year via a rental agency and vacation the other 25% of the time. What I’ve found so far isn’t too bad assuming vacancy rates will stay low. There are also a lot of inventory since local owners are trying to cash out. That gives me the advantage and I can low ball on the offer.

How did I find property to look at?
I first narrowed down my search to a single location — Bend. I then hopped on the internet and printed out a list of potential properties. I called the realtor for each and setup time for showing. During the time I wasn’t looking at properties, I crunched the numbers to make sure everything worked. If the realtor told me vacancy rates are usually 25% I bumped that number to 35% and then did the math.

I’m still evaluating properties and should have a decision by this weekend.

Costa Rica Vacation Rentals and Real Estate

Majestic beaches, tropical rainforests and breathtaking wildlife – all these make Costa Rica one of the most frequented tourist destinations in Central America. If you wish to experience nature’s boundless beauty, Costa Rica is the place for you!

A large number of villas, condos, beach-houses and rooms are available for rent, encouraging tourists to visit the beautiful country. The special thing about Costa Rica vacation rentals is the wide variety available, both in terms of location and cost. During the off season, rates vary from around 75 dollars to a few hundred dollars per day, depending upon the size and location.

Be it for investment or personal use, Costa Rica real estate listings are sure to have something to suit your needs. A wide range of ocean view apartments and beachfront condos are available for sale. Also, a number of real estate listings are available with which you can develop your own property in Costa Rica.