Saturday, August 2, 2008

Earn money by investing in property.

The old road on the southern side of the St.Image via Wikipedia

Hunting for a nice property. Don’t decide by just an amazing appearance.

Where? Which town & colony? Very tough decision indeed.

Narrow plots-not good. Why-as compared to wider counterparts, even without a side alley, lose a lot of space in circulation. Go in for a lesser area but wider plots. Pooling in a house dividing into condos is a great idea!

Finishes and specifications-Ensure the previous owner provides a list of certified specifications and completion documents besides other legal documents. Consult technocrats.

See how well it gets the winter sun in and summer out. Renting and leasing such properties would be less frustrating so more $. Avoid houses shrouded in north-sloping notches.

Try properties with clubbed services and utilities like toilets and kitchens etc. Separate wet areas have lesser maintainable costs.

Try buying framed structures instead of load bearing if you are planning a alteration next 10 years for duplex or rentals etc.

Feel the air inside. Also ensure that it is not such way that water could possible creep in during heavy rains. People do forget this crucial aspect.

Have a feedback from the previous owner /tenent about what problems he faced.

Specially, the bedrooms shouldn’t face a road or rail traffic or airplane noise. Also avoid those properties with cross roads in a way that vehicular headlights fall on windows.

See the details, should not have ant, mole hills etc.

See the potential of surrounding plots and if it can be projected into a holiday resort etc.

Earning the real money-Please consult your technocrat and attorney. Land use plans. Design your house in a way that the first phase (on a side could be where you dwell) and expand yourself . Check out for my future blogs and posts for the same.

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