Traditionally, realtors or individual agents help buyers and sellers (or landlords and tenants) communicate with each other. These efforts then led to the emergence of mega-brokerage firms as the Indian real estate market began to experience unprecedented growth and economic liberalization since the 1990s. Unlike the west where the fl real estate broker market is developed, the real estate brokerage market in India is still developing. Therefore, agents rarely choose formal training to enter the brokerage business, where in the West all agents must be trained and undergo a certification program before interacting with buyers or sellers. Customer. For example, brokers in the US have to spend time and money to get a real estate license.
You can enter this highly competitive field in India without certification. However, if you have good communication skills and a solid knowledge of the real estate market dynamics in your area of work, succeeding here can be a daunting task.
Investment Property Real estate that is purchased with the intention of generating an investment return through rental income, future resale of the property, or both. Property can be held by an individual investor, a group of investors, or a corporation.
Investment property can be a long-term business or a short-term investment. With the latter, investors are often involved in areas where real estate is bought, renovated or renovated and sold at a profit in a short period of time.
The term "property investment" can be used to describe other assets that investors buy for future appreciation, such as art, securities, land, or other collectibles.Investment property is purchased with the intention of generating income through rental income, future resale of the property, or both.
Property can represent short-term or long-term investment opportunities.
Investment properties are not primary residences or second homes, making it difficult for investors to finance.
The sale of investment property must be reported and may result in capital gains that may have tax implications for the investor.
While borrowers taking out a primary residence loan have many financing options, including FHA loans, VA loans, and conventional loans, financing for investment properties can be more difficult.
Insurers do not provide mortgage insurance for investment properties and as a result borrowers must have at least 20% down to secure bank financing for investment properties.
Banks also require a good credit score and a lower loan-to-value ratio before approving a borrower for an investment property mortgage. Some lenders require borrowers to have substantial savings to cover at least six months' worth of expenses on the investment property, thereby ensuring that the mortgage and other obligations remain current.
Tax implications
If investors collect rent from an investment property, the Internal Revenue Service (IRS) requires them to report it as rental income, but the agency also allows them to deduct related expenses from that amount. For example, if a landlord collects $100,000 in rent during the year, but pays $20,000 for repairs, lawn maintenance, and similar expenses, they report the $80,000 difference as personal income.