interconnected actions and following consequences of financial hardships. The introduction of Emergency Economic Stabilization Act of 2008 and the fact of actually surviving the meltdown had slowly earned back Americans’ trust in real estate market investments as of today. Real estate seems to be a great method for people to invest their money in until obtaining an ownership or investing in several properties and renting them out to potential buyers. It does pay off to those who have decided to…
the millennial generation continues to graduate from college and enter their first jobs, they will continue to seek housing that meets a certain criterion they’ve created for themselves. In order to meet the challenge of remaining a top leader in real estate services, especially development, I offer the following recommendations to target the millennial generation: • Acquiring Smaller Developers: As mentioned earlier, our largest competitor, Pulte Homes, has been able to gain a competitive…
3.3: Competitors a. Explanation Market Share An estimation of 1,112 renter-occupied apartments in Layton City, Utah (City-data.com, 2016). TONED LLC has 1 unit thus by calculating 1 is what percent of 1,112 equals 0.09% of the market share for this area. SWOT Analysis A method for TONED LLC’s strategic plan to evaluate these four elements as they relate to business objectives. This is demonstrated below to help analysis TONED LLC’s marketing strategy: Strengths • The rental property is well…
Property Manager Nature of the Work Property manager is a third party, who is hired to maintain and operate real estate investment such as residential, commercial, industrial, office, retail and/or land on a daily basis (Eberlin, 2016). The property manager needs to ensure that the revenue of the owner’s property is maximized, the costs are minimized and that there is a good working relationship with the property owners and tenants (OREA, 2014, p. 319). The nature of the job consists of…
Gurgaon has emerged as a favourite destination for most of the property buyers in the National Capital Region (NCR). The main reason is the rapid infrastructural development in the city that has proven beneficial for both commercial and residential real estate in Gurgaon. Also, the developers have been selling their projects in Gurgaon as an economic and restful place for the buyers. On the other hand, Gurgaon has also become one of the biggest hubs in terms of creating jobs in the services…
The housing bubble crisis of 2008-2009 was predominately due to the banks over extending customers on their housing loans. The process to originate a mortgage is one to show you have sufficient means to make the monthly payments. Bankers overlooked this part of the verification and granted people who could not afford the payments. Unfortunately, those people called their mortgage servicers explaining that they cannot make the payments. Many were upset, some sold their houses, some could not…
Common Home Inspection Mistakes That Buyers And Sellers Make If you are in the real estate business then you know what a home inspection is. You probably know how important it is to selling property. Most people who aren't in the industry but are simply trying to sell or buy a house probably don't know of or even consider getting a home inspection done and the uninformed generally tend to make mistakes when they contract the services of a home inspector. What is a home inspection? The…
When the recession hit America in 2008, the effects were brutal, sweeping across all 50 states, resulting in lost jobs, economic hardship, and a decrease in the standard of living. However, no sector was hit as hard as the real estate market, and thousands of Americans lost their homes. Now, as the economy has started to recover, many of those who lost their homes are looking to get back into the homeowners market, and have started searching for a place to own. Home prices are still stunningly…
pay, and having the foreclosure stain one’s credit score further. A buyer, if the contract is in their favor, can pay on a house bit-by-bit and eventually be rewarded with a house that is paid off, and not at risk of being taken by a credit union or bank if the buyer can’t pay. Furthermore, a “rent to own” home, if the contract is right, will not bankrupt the renter if accidents happen. For example, with a good contract, if there’s a leak, then the person renting out the home must fix and pay…
Location and Secure Property: The city of Los Angeles, California has two separate approaches regarding the business of sport and sport participation in its city. On one side, Los Angeles is a city engulfed with the reputation of being a city filled with high-profile professional sport teams such as the Los Angeles Lakers, Los Angeles Clippers, and the newly relocated Los Angeles Rams. With the city having such an array of different sport and entertainment venues, this is a great opportunity…