The Benefits of Using Real Estate Listings For Your Property Needs

The very notion of investing brings a lot to the table and more often than not, there has to be a lot of inputs going into it and proper introspection and consideration. While many people follow conventional methods of investing and look out for ventures which are safe and provide good and stable returns like…

The very notion of investing brings a lot to the table and more often than not, there has to be a lot of inputs going into it and proper introspection and consideration. While many people follow conventional methods of investing and look out for ventures which are safe and provide good and stable returns like gold and insurance policies, some seek more elusive and out of the box areas which offer a good prospect in the years to come. Looking out for property via real estate is a good option as it is reliable.

Real estate is like high stakes, the profits are there but one needs to deal with it logically and rationally and explore every possible option and everything related to it. It is the current trend and invariably will catch on pretty quick when people realize how successful they can be when they can play their cards right and real estate helps you do just that.

With real estate it is always the case of how good you know your property and the amount of ground work you do before investing into it. To minimize your loss, make sure you do proper background verification of the property and do complete checks. If you are relatively new to the field then look out for areas which you are familiar with and stick to them. Choosing real estate listings can help you with properties which are trust worthy and can provide you a platform to invest in an area which can reap rewards in time to come.

Tourism Industry

The real estate listings give you options like renting out your property to the various festivals and extravaganza organized in the vicinity. This makes for good profits, and as the tourism industry is always on the upside and lot of people are looking for good quality stay options which they can trust and rely upon, one can sure cash in the opportunities provided.

Economic Activities

Whenever people lookout for properties their main concern is the quality of life and the work that drives from that property. In cities one can find good jobs in the field of healthcare and education alike. Along with this a lot of industries operate out of big cities and provide innumerable opportunities.

Nature

One often looks for a property where they can wake up to seeing nature beam in its beauty. Real estate listing offers properties which are surrounded by nature and provide a spectacular location to live and raise a family.

Tips To Find Furnished Commercial Office Spaces

Furnished commercial office spaces are high in demand. This is because they offer an easy time to get started as a business. These office spaces are also well done in modern designs and offer plenty of options for all kinds of businesses. They are now made available in major cities with most developments focusing on…

Furnished commercial office spaces are high in demand. This is because they offer an easy time to get started as a business. These office spaces are also well done in modern designs and offer plenty of options for all kinds of businesses. They are now made available in major cities with most developments focusing on offering an easy time to business people by providing furnished office spaces. It can however be a tedious task to find the best furnished space in your area of ​​interest. New and small entrepreneurs spend months trying to find the ideal office space for their business. A few important tips can help ease the search process for your business.

Choose and Shortlist Areas Based on Budget –

When thinking of investing in a furnished commercial space, you most definitely have locations of interest. The rental charges will vary from one locality to another. It makes it helpful to begin by short listing your areas of interest based on the budget you have set aside for your commercial space. Calculate the monthly amount you can afford. It is extremely important for small businesses and this way you will find your way to the best office space.

Decide On Space Amount –

This is something that should be done before the search for a suitable office space begins. After setting a budget, consider the amount of space you need for the business. Make a list of questions to answer. It will be a simple way of starting the search from areas that have the kind of furnished office sizes that match your requirements.

Consider Business Centers –

By choosing a business center for your business as most companies will do, you will save yourself administrative hassles of running an office. A small business venture will suit perfectly well with this idea and it could end up working to your advantage during the first years of business operation. It is a simple way of increasing business value.

Target Reputable Office Complexes in Commercial Areas –

Another simple way for you to find the best furnished office space is to target office complexes that are reputable for well developed office spaces. Reputable areas will also offer you well equipped office spaces for your needs. When everything that you need is in place, you will enjoy a smooth ride making the business function.

Consider Best Lease Terms –

When running a company, rules and regulations need to be followed. Updating your records with the registrar of companies is among the things that need to be done. It will help you lead your furnished office for a good span of time. It is advisable to look for property owners who agree to lease your office space for at least 3 years. Yearly contracts can lead to higher rental rates on yearly basis and it may not be the best option. By making all important considerations, you are definitely bound to find the best furnished office space and within a short period of time for that matter.

Understanding the Advantages and Disadvantages of Sale and Leaseback

Sale and lease back options are increasing in popularity as companies throughout the USA are looking for ways to give their company a cash boost. Many companies are newly purchased as operating concerns with property attached; ridding yourself of the property can give you the necessary cash needed to expand. At the same time as…

Sale and lease back options are increasing in popularity as companies throughout the USA are looking for ways to give their company a cash boost. Many companies are newly purchased as operating concerns with property attached; ridding yourself of the property can give you the necessary cash needed to expand.

At the same time as with any agreement, there are advantages and disadvantages to take into consideration and you need to decide if the advantages outweigh the disadvantages before signing on the dotted line.

Start by looking at the advantages of sale and lease back opportunities and how it can help your business moving forward.

Of course the main advantage to this option is that you sell your building and receive the cash, which you can use how and when you wish, whether it's to invest in other buildings, expand your business or pay off your debts.

Another advantage is that you rent the property back from the new owner. This has the added advantage of a set rental amount which agreed upon for a set several years, which is normally fifteen years or more.

In addition to this, it means you do not have to move properties, confusing your customers and saving you money on marketing your new information, such as address and telephone number.

Then there is the advantage that if you choose a sale and lease back option, you get to pay off your mortgage, which is always a winning opportunity. Without mortgage repayments you can take pleasure in the fact that you have a set rental amount which you can offset against your tax return.

This is why many companies choose the sale and lease back options is that they can take advantage of the tax savings they get when renting.

Rental payments are tax-free, which adds cash to your bank balance, increasing the amount of cash you have in your pocket to help your business grow to the next level.

When you give up your ownership rights to the property, you also decrease your maintenance costs, depending on the type of sale and lease back agreement you choose.

There are a number of options, triple net leases are generally a cheaper rental amount, but you stay responsible for all maintenance or you can choose a slightly higher rental amount, handing over the maintenance responsibilities to the new landlord.

The last advantage you will want to take into consideration is whether the agreement you sign gives you the ability to buy back the property after the agreed rental period. This is something you must take into consideration and a huge benefit when the lease comes to an end.

Then there are the disadvantages. While there are not many, you need to weigh them up against the sale and lease back advantages to decide if it is the right choice for you before going ahead.

One of the disadvantages you may want to consider is that you lose certain rights to the property when you become a tenant, this includes using the property as collateral when applying for a loan, if you ever need more cash.

Other disadvantages include that after the agreement, when it comes to signing a new rental agreement, you may not have any control over how much the rental get's increased.

During the rental term you know what to expect, but when your years are up, you may have to consider moving to afford the rental amount.

The last disadvantage is that some agreements do not offer the ability to buy the property back from the new landlord and this is a serious consideration, which can affect your business in the future.

Important Considerations When Choosing Real Estate Sale Leaseback

Real estate sale lease back is increasing the popularity of businesses throughout the world. It's an opportunity to free up much-needed capital, save on tax and low maintenance costs. At the same time it enables you to stay in the same property, paying a rental amount to the new owner for an agreed time. While…

Real estate sale lease back is increasing the popularity of businesses throughout the world. It's an opportunity to free up much-needed capital, save on tax and low maintenance costs. At the same time it enables you to stay in the same property, paying a rental amount to the new owner for an agreed time.

While this is a fantastic option for companies to get their hands on cash that they need, there are important factors which is taken into consideration before making any final decisions.

This is a big decision, it leaves you without your largest asset – your building, so do not make this decision in haste, rather take your time, go through the steps and decide how it can benefit your company moving forward.

The biggest decision you are going to have to make is choosing an experienced real estate sale lease back advisor. It's imperative that you take your time, do your research and choose an advisor who has years of experience in this industry.

They are able to recommend you on the options available and help you decide the advantages and disadvantages of going ahead with a deal.

Be aware if they try to force you into an agreement. An advisor should have your best interests in mind and go through the process with you, helping you decide whether this is the best choice for your company moving forward.

Next make sure you are aware of your property value. Whether you're purchasing an operating business that came with the property or you're looking to free up some cash for expansion, having an idea on your property worth can help you decide on whether the offer put on the table is a good deal.

In most instances real estate sale lease back agents or companies will give you a good market share price for your property.

Length of lease is exceptionally important. If you have been in the same property for years and built up a solid customer base, then you do not want to forced out in the next few years, at the same time you do not want your rental amount to rise exponentially when you get forced to try to renew your lease.

Ensure you get offered at least fifteen years rental, enabling you to make sure you will not be in a difficult situation where you have to move or be out-of-pocket anytime soon.

Take the time to work out all your debts. After the downfall in the economy a few years ago, many companies are still trying to get back on track. You may have built up an overwhelming amount of debt and see no other choice than a real estate sale lease back option.

Remember you will be given a lump sum of cash worth the property value to use as you need, this is to pay off your mortgage and other debts, still leaving you with some cash for expansion or operational costs.

With your debts worked out and decide how much cash you can expect to receive and then working out the rental amount over the agreed period, you can decide if this real estate sale lease back solution is a winning option for your business.

Knowing how your company can benefit from the cash is often the sign that this is the right choice, especially if you are looking at expanding your business into different avenues.

The last step in a real estate sale sale lease back agreement is to ask how long the process takes and sign on the dotted line, receiving the cash you need to help your business grow for the future.

Tips To Help You In Finding The Best Plug N Play Office Spaces

Plug n Play office spaces have a high demand in the market today especially for companies in the IT sector. Several other types of companies will also prefer this office space styling considering that it offers space solutions as far as seminar rooms, meeting rooms, conference halls and even cabinet seating arrangements are concerned. The…

Plug n Play office spaces have a high demand in the market today especially for companies in the IT sector. Several other types of companies will also prefer this office space styling considering that it offers space solutions as far as seminar rooms, meeting rooms, conference halls and even cabinet seating arrangements are concerned. The offices come equipped with everything that is needed for serious business presentations and meetings butting very on costs and time that would have been used trying to get everything together. These modern contemporary offices are stealing the show in office facilities, replacing the older office versions with ease.

With the high demand for the Plug n Play office spaces, you will need to figure out a way of getting what is best for your business within the shortest time possible. It can be tedious to find a space that meets perfectly with your business requirements and needs. When working with a plan, however, you will find the process much smoother for you. Here are some tips that can help you find the best plug n play office.

Consider Using a Property Agent

This can be one of the easiest ways for you to find an office space that you deserve. The good thing about property agents is that they are always updated oncoming commercial spaces and since, finding the most suitable plug n play office for you will be easy. Through this kind of help, you will also easily get to find out about the office layout relating it to your business needs to make the right choice.

Have the Right Office Budget

Plug n Play office spaces will definitely be higher in terms of rental rates. It is therefore important to have the right budget for the office. When creating the budget, consider what you can afford comfortably every month for the business, but at the same time a budget that has the potential of fetching you an office space that is worth your business. The location of the office can determine the rates. But remember that the same location can determine how accessible your office will be to your target audiences.

Consider Commercial Hubs

Selecting a business location has been ever so important for any business. When searching for plug n play office spaces, consider searching commercial hubs. Even though you might end up paying a little more for the space, you will be increasing the value of your business by making it easy to access. Developing and growing areas will always give you good business so make sure your office is strategically located.

Weigh Several Options

Even though most of the plug n play offices offer similar features, they can still be different in what they offer your business. When searching, make a point of comparing several available options before settling for one. It will be a simple way of getting the most suitable in terms of features and cost.

Areas For Potential Disputes When A Tenant Leaves A Property

The largest area for any potential disputes is the cleanliness and condition of the property, fixtures and fittings at the end of the tenancy. Cleanness: – The clear leader of end of Tenancy disputes is the 'clean'. Despite the fact that it is the most common cause for disputes, it is probably the easiest to…

The largest area for any potential disputes is the cleanliness and condition of the property, fixtures and fittings at the end of the tenancy.

Cleanness: –

The clear leader of end of Tenancy disputes is the 'clean'. Despite the fact that it is the most common cause for disputes, it is probably the easiest to avoid!

If the property is handed over to the Tenant by the Landlord at the start of the Tenancy having been professionally cleaned, then it is the Tenant's responsibility at the end of the Tenancy to have the property professionally cleaned before it is handed back. At the Check-in on the Schedule of Condition page of the Inventory it should be clearly noted how the property was cleaned before the Tenancy commences.

At the end of the Tenancy if you are a Tenant, we would advise to keep the receipt from the cleaning company. In our experience it is prudent to use the same company that carried out the incoming clean that the Landlord used. Using the same company ensures a continuity of an acceptable service level.

An accredited Inventory company can tell the difference between a Domestic and a Professional clean.

If the property was professionally cleaned at the start of the Tenancy and the Tenant does not have the property professionally cleaned at the end, then the Tenant will be liable for any costs that are incurred to return the property to professionally-cleaned standard.

Belongings That Are Left Behind: –

At the end of the Tenancy when completing the Check out report it is not uncommon to find that the outgoing Tenants have left items behind. We have found many ' interesting ' items over the years but the most common include items of furniture, kitchen utensils, magazines, CDs & DVDs, items of clothing & perishable items.

Many Tenants seem to think that by leaving items behind, they can mitigate against any damage or breakages for which they may be charged. This is not a reasonable expectation – unless it has been formally agreed in advance with the Landlord.

Wear & Tear: –

It can always be expected that over the period of a year, walls and floors will start to show marks, especially in common-use areas. It is also true to state that wear & tear in a Rental property will typically be greater than in a Owner-occupied property – that's just the way it is! When the Check-out is carried out, the Inventory company will be aware of the length of the Tenancy and the number of occupants. The Inventory company will then make reasonable charges on what they believe to be fair wear & tear.

As a general rule, adding nails, picture hooks, sticky tape and / or 'blue tack' on walls without the Landlord's permission could lead to the Tenant having to make good any damage. To avoid this, we advise that the Tenant contact the Landlord for formal permission. The Inventory company should have made aware of any actions before completing the Check-out. Additionally, any excess heel prints on wooden flooring, staining of carpets or excessive scuffing, these are not normally considered as fair wear & tear.

Damages & Breakages: –

Landlords and Tenants often take a different view of what constituents damage and what constituents fair wear & tear. Also, damage can occur and Tenants and Landlords can not agree on a value to be agreed for replacing / repairing or making good any damaged or lost items. It must be remembered that a Landlord can not charge 'new for old' or any betterment (irrespective of how much damage has occurred!) This is not deemed as reasonable by regulated bodies such as the Dispute Service when seeking to resolve any disputes.

An independent Inventory Company can act as a go between for Tenants and Landlords to try to achieve a satisfactory outcome.

What Is An Inventory Report?

An Inventory Report is a visual inspection and written description to record the fixtures, fittings, decoration and furnishings of a property and their condition. The Report is laid out in a logical manner and works methodically through the property, from the front door, through each room, and finally including any garden area. It must be…

An Inventory Report is a visual inspection and written description to record the fixtures, fittings, decoration and furnishings of a property and their condition.

The Report is laid out in a logical manner and works methodically through the property, from the front door, through each room, and finally including any garden area. It must be consistent throughout both in format and the condition.

The Inventory Report is purely a documented visual inspection, the Inventory Clerk is not an expert in all areas and items will be described in layman's terms.

The Inventory Report is a legal document which forms part of the contract between the Landlord and the Tenant.

  • The Inventory report must be dated.
  • Each item of reference should be numbered to allow for easy reference.
  • Space must be left to the right hand side of the report to allow for any comments to be added regarding the condition and / or cleanliness of each item at Check-in / Check-out.
  • Each Page of the report shall be numbered, eg Page 1 of 18
  • The address of the property shall appear at the top and / or bottom of each page of the report
  • Appliances are not normally tested, but their cleanliness must be noted on the report
  • Cellars and / or lofts / attics are not usually inspected
  • A note must be made as to whether or not relevant furnishings display correct fire labels and the Agent / Landlord advised if such labels are not present or if do not appear to meet current fire regulations
  • The report must include a list of all keys
  • The report will identify the location of the meters and current readings will be taken
  • Care must be taken with any description used within the report – the language used must never be derogatory or slanderous. Words used must be objective not subjective.

The Inventory Clerk will be precise and confident in their observations

Inventories for Landlords : – Essential for Landlords to secure them against damage to fixtures & fittings of their property (s): –

The introduction of the Tenancy Deposit Scheme of April 2007 states a Landlord is not permitted to take damage compensation from their Tenant's deposit without PROOF that any damage or breaks have occurred during the tenancy.

The most effective way to avoid disputes arising at the end of the tenancy is by having the Tenants agree on the specific condition of the property before they begin & at the conclusion of the occupancy.

This can be easily achieved by having a professionally-prepared inventory report drawn up and signed by the Tenant (s). The largest area for potential disputes is the cleanliness and condition of the property, fixtures and fittings at the end of the tenancy.

10 Tips For Landlords To Help Avoid Tenant Deposit Disputes

1. Cleanness – Ensure the property is thoroughly clean. A receipt from a professional cleaning company should resolve any disputes at the end of the tenancy. 2. Furnished Properties – Leave only what is necessary for the type of tenant you are looking to attract – a country house let is different from a city…

1. Cleanness – Ensure the property is thoroughly clean. A receipt from a professional cleaning company should resolve any disputes at the end of the tenancy.

2. Furnished Properties – Leave only what is necessary for the type of tenant you are looking to attract – a country house let is different from a city apartment, however similar rules apply. Do not leave lots of extra pictures, ornament, bedding and kitchen equipment – leave space for the Tenant's belongings.

3. Unfurnished Properties – Should only contain white goods – it is usual to supply fridge, freezer, cooker and / or washing machine, however this depends on your tenant's requirements.

4. Gardens – If the property has a garden, ensure it is in a tidy condition and that there is sufficient garden tools and mower to enable the tenants to leave the garden in the same tidy condition.

5. Inventory – Ensure that you get a proper detailed inventory of your property, this is the most important protection you can have. It should list the garden, interior décor, fixtures and fittings and contents in such detail to negate any arguments at check-out time.

6. Pets – If you accept contracts with pets you must accept some additional wear and tear at the end of the tenancy. Ensure your Tenancy Agreement has a 'Pet' clause that requires the tenants to thoroughly clean and fumigate all soft furnishings and upholstery at the end of the tenancy. If the pet causes real damage such as badly scratched doors or chewed carpets, then you can rightly expect your tenant to be responsible as with any other let.

7. Problems – Be responsive to any problems that arise and act quickly if the tenant experiences any problems such as equipment failure, leaks or other things that are a landlord's responsibility.

8. Be Realistic at the End of the Tenancy – A professional inventory company will be able to compile a full check-out report and will know the difference between wear and tear issues and damage. They can apportion costs accordingly, take into account the original condition of an item, the age and quality at the time of check-in and the length of tenancy. The type of tenancy may be important too – a single person or a couple with 3 large dogs? The type of let dictates how much is attributable to normal wear and tear and how much is the tenant's responsibility to put right.

9. Ensure Tenants Attend the Check-Out Appointment – This is the time to explain all the problems and possible charges to be noted on the check-out report to be sent shortly afterwards. This is the time to obtain the tenant's new contact details, take meter readings and check that all keys are returned.

10. Resolve all check-out issues as quickly as possible – Communicate with the tenant and keep them aware of everything that affects their deposit.

At the end of the tenancy if a landlord has to make discounts, they are NOT entitled to 'new for old' or betterment.

5 Keys to Renting a Kid Friendly Apartment

If you have kids and are looking to rent an apartment you can definitely find one that meets all of your family's needs. Looking in the right places and finding a great landlord who understands the needs you and your kids have is essential to finding a great apartment. Here are five keys to renting…

If you have kids and are looking to rent an apartment you can definitely find one that meets all of your family's needs. Looking in the right places and finding a great landlord who understands the needs you and your kids have is essential to finding a great apartment. Here are five keys to renting a kid friendly apartment and a few things to watch out for during your search.

1. Location. Finding an apartment near to your kids' school or just the best public school in the area is important. You do not want to spend hours in traffic getting them to and fro from their classes, especially if you also have a work schedule that could conflict with spending that much time on the road. Being close to places like libraries, parks, good restaurants and fun entertainment options for you and them is also a perk or the neighborhoods you could be living in. Make sure to visit the neighborhood and check out the surrounding areas to make sure these locations are really good for you and your kids.

2. Danger zones. Keep in mind that even if an apartment and vicinity look safe, they might not be. Some indicators of a less than nice neighborhood include graffiti, bars on windows, and people lingering outside during random hours of the day. When looking at a particular apartment building make sure to check any balcony trains, windows, locks, and stairs that kids might tumble down. All locks throughout the building should be functioning and strong, and all windows and balcony railings should be completely secured and up to date.

3. Community. Finding a good community while you are apartment hunting can be hard to identify. If you find an apartment you really like considering stopping by and meeting a few of the neighbors in the area. Not only will this serve as a good introduction for you, but you might also find other families with kids in the building.

4. Kid friendly amenities. These include a fenced in yard for safe and secure play time and less of a chance that a kid will run into a busy street. If your apartment complex has things like a gym or a pool these areas should be supervised and secured so that kids can not get in without an adult or after hours.

5. Thinking ahead. While you might be in this apartment for a while there is a chance that you and your family will be outgrowing it ever. Planning ahead for additional kids or even just planning for the fact that your kids are going to get older and bigger will help you choose how many rooms you want in an apartment, what kind of storage space you need, whether you need a washer and dryer in your apartment or not, and more. If your kids are younger you will also want to figure out how a stroller can navigate the doors and hallways of your building.

Looking For An Apartment In Beijing? Keep a Few Things In Mind

Finding an apartment or house for rent in Beijing is not an easy job. You may run into a lot of problems. You may run into agents or landlords who do not know English which will make it difficult to converse with them. The rental prices in Beijing and other Chinese cities have increased a…

Finding an apartment or house for rent in Beijing is not an easy job. You may run into a lot of problems. You may run into agents or landlords who do not know English which will make it difficult to converse with them. The rental prices in Beijing and other Chinese cities have increased a lot over the past decade. It is very difficult to find a good apartment in a decent locality unless you are willing to shell out good amount of money. The cheaper apartments will usually be in such a bad condition that you can not stay in them even for a few weeks.

You have to be careful which locality you choose. The rental prices will vary a lot according to the locality. Central Business District is the most sought after place for expatriates. There are many foreign and Chinese companies located here. You will also find many high-rise buildings, restaurants and cafés here. Obviously the rents will be quite high when compared to other places. Chaoyang Park is another favorite area of ​​expatriates. This is a nice place close to the largest urban park in China. Lido is a district which is close to the airport and has a few international schools. The rents are less expensive here and is a frequent choice with expatriates who wish to remain in downtown Beijing while still being close to the airport.

A lot of times, the apartments look good on the outside but internally there may be lots of problems. Many people get impressed by looking at an apartment from the outside, but as soon as they move in they experience one problem after another. So, it is very important to check that all things are working properly before you finalize a flat or house.

The biggest problem when someone is looking to rent a flat in Beijing is having to deal with agents. You are going to run into agents everywhere you turn and just can not avoid them. If you try to look up properties in the local newspaper, many of the listings are from real estate agencies instead of landlords. If you check out property websites you will find the same scenario reproduced. The property owners will usually entrust the job of finding tenants to agents. There are hundreds of real estate agencies which place ads in local newspapers as well as post hundreds of ads on classified websites every single day.

You can find these agents posting hundreds of thousands of ads every day. These ads are posted across several free classified sites. Sometimes the agents post fake ads as well. They download attractive pictures of houses, villas and flats from the internet and use these pictures in their fake ads. They will also list attractive features in the property descriptions. However, the actual property does not exist. When people come across such a property listing on a classified site, they will immediately call the agent asking further details about it. The agent will then tell them that this particular property has already been taken but they have other properties which the caller can look at. This is a trick which the agents use to attract attention to get more and more people calling them.

Finding A Suitable Apartment For Rent In Beijing, China

You have to be careful while looking for apartments to rent in Beijing. Many times, the apartment looks good on the outside but there are many problems when you actually start living in it. Many people start facing problems the moment they step into the flat. For example – the shower might not work properly…

You have to be careful while looking for apartments to rent in Beijing. Many times, the apartment looks good on the outside but there are many problems when you actually start living in it. Many people start facing problems the moment they step into the flat. For example – the shower might not work properly or they may be drain problems, etc. When you are checking out an apartment to rent, ensure that all things are working properly so that you do not face any problems after you move in because it could be quite frustrating to move in with your family and then find out about these problems.

You have to keep in mind that Beijing is not cheap as it used to be a few years ago. So you have to be willing to shell out good amount of money if you want a decent flat to stay in. You can find cheap flats but they might be in such a bad state that you just can not stay in them for a long period of time. You may have to deal with agents in order to find a suitable apartment as per your requirements. The agents will obviously charge additional money which will further increase your cost. However, you just have to pay the agents one time. Sometimes the agents charge commission from the flat owner instead of the tenant. In such a case you do not have to pay anything to the agent. While talking to the agent, you should clarify whether you have to pay him any money or he will take it from the flat owner.

Some people are not comfortable dealing with real estate agencies as there have been many accidents of people being cheated by unscrupulous and dishonest agents. One way to avoid being cheated is to deal only with repented agencies. Or you can browse the local newspapers to find apartments by yourself, eliminating the middleman. But this can be very time-consuming and you might not be able to find what you are looking for.

Another option is to check out popular websites like 'City Weekend', 'The Beijinger' and 'eChinacities'. These websites have lots of real estate listings and you are likely to find something you might be interested in. If you like apartment then you have to act fast because it might be gone the next day. Remember that good apartments get rented soon. When you find a property that is in good condition and the rent fits your pocket, grab the opportunity before it is gone.

When you decide to rent an apartment, choose your locality wisely. People of different nationalities prefer to stay in different locations. For example, Wangjing and Shaoyaoju areas are more popular with South East Asians while Shuangjing is more preferrable for Westeners. If you are just going to stay for short while in China then its better to choose a location like Xidan which is close to shopping centers, restaurants and transport facilities.

Top 4 Things to Know Before Investing in a Serviced Apartment!

For people who are keen to get a higher rental income, investing in apartments can be an excellent option. With the growing popularity of serviced apartments emerging as a staying option especially during the tourist season, investing in them is guaranteed to reap higher returns. However, investing in an apartment is not as easy as…

For people who are keen to get a higher rental income, investing in apartments can be an excellent option. With the growing popularity of serviced apartments emerging as a staying option especially during the tourist season, investing in them is guaranteed to reap higher returns. However, investing in an apartment is not as easy as you think. You need to take a decision on the basis of considering several factors. Also, buying serviced apartments does not mean that you have to stay in them. You can put them on rent especially during the tourist season and earn a lot of money.

For those of you planning to invest in serviced apartment, here are a few suggestions:

1. Location

These types of apartments are provided to be located in residential areas. But, be careful when you choose the location for your investment. After all, you must avoid investing in apartments that are located in crowded areas else you run a high risk of not getting customers. Ideally, you have to focus on choosing an apartment that is centrally located as well as easily accessible to all major points in the city and still away from the routine hustle-bustle.

2. Decide the budget

Serviced apartments are going to come for a price. Prior to initiating your search for an option, make sure that you decide the amount of money that you can spare to invest. Basis these details, short listing the options will become easier.

3. Invest at the right time

When it comes to investing in an apartment, it is important to do it at the right time. If you are planning to maximize your returns, ensure that the serviced apartment is ready before the tourist season begins so that you can put it up for rent. Accordingly, you have to stress on getting the possession of the serviced apartment well in advance.

4. Include the facilities

People choose to stay in these kinds of apartments only because it comes with a certain number of facilities which include washing machine, fully equipped kitchen, etc. For people planning to invest in such type of apartments, it is important to include these facilities if you want to attract more customers. Basis the analysis of on-going trends, chalk out the number of facilities that you want to include and accordingly work out the expenditure involved so that you can get the work started as soon as possible. Also, once your apartment is ready, invest time and effort to advertise about its availability.

Demand for Apartments Across Australia on the Rise

A growing number of people are opting to live in apartments near the city these days. Apart from easy access to facilities, affordability and low maintenance living are top reasons why rental units are in demand. Latest research from realestate.com.au has confirmed that demand for apartments is on the rise. The finds showed that the…

A growing number of people are opting to live in apartments near the city these days. Apart from easy access to facilities, affordability and low maintenance living are top reasons why rental units are in demand.

Latest research from realestate.com.au has confirmed that demand for apartments is on the rise. The finds showed that the number of tenants and sharers looking for an established or new apartment for rent has gone up to 39 percent from only seven percent in 2012.

The same research revealed that those who frequently searched for rental units were young tenants agreed 35 and below as well as those with household incomes between $ 50,000 and $ 99,000.

Among the Australian cities that had the most number of people looking for apartments over the past six months, Brisbane in Queensland topped the list. Canberra (ACT), Perth (WA), Melbourne (VIC) and Docklands (VIC) followed in the top 5.

Completing the top 10 list were Southbank (VIC) on sixth place followed by Braddon (ACT), Nathan (QLD), Parramatta (NSW) and Chatswood (NSW).

Realestate.com.au noted that Gen Y tenants and sharers often prefer a residence where they can be near the action. This was confirmed by the new research which showed that 52 percent would like to look for a rental property in the inner suburbs.

Daniel Argent of Urban Property based in Brisbane said these young tenants prefer units are those with two bedrooms and those located near shops and public transport.

While home repairs and improvements can be a disadvantage, the realestate.com.au study showed that six in 10 apartment donors do not mind spending their own money to make improvements in their rental property. More than half or 52 percent of young tenants have spent their own money on improvements while more than 60 percent of the Gen X and baby boomers are more likely to spend for improvements.

When it comes to maintaining rental units, 72 percent of tenants say they take care of their apartments as if it were their own. The baby boomers, however, are considered to be the best tenants with 84 percent of them saying they take excellent care of their rental property.

Meanwhile, Arthur Charlaftis who is General Manager of Sales and Operations said research and educating one's self about a suburb's vital statistics are important in being able to find the rental or share property that suits your lifestyle.

In Melbourne, Caydon is a leading developer of major apartment buildings near the CBD. It has been creating stylish and modern off plan apartment buildings in the inner city suburbs close to the CBD. Among its latest projects are in Brunswick East with 412 apartments for sale and Cremorne located on the edge of the Yarra River.

Advantages of Staying in Serviced Apartments

When you are traveling, the task of looking for a decent accommodation is always high on priority. However, your options for accommodation are usually restricted to hotels, guest houses and inns which are expensive and obviously lack the much needed homely touch. With the coming of serviced apartments, this situation is all set to change.…

When you are traveling, the task of looking for a decent accommodation is always high on priority. However, your options for accommodation are usually restricted to hotels, guest houses and inns which are expensive and obviously lack the much needed homely touch. With the coming of serviced apartments, this situation is all set to change. A serviced apartment is an accommodation wherein you have all the facilities required for a comfortable stay fitted into an apartment. Ideal accommodation for vacations, office travel and other occasions, staying in apartments comes with its own advantages.

1. More spacious accommodation

When you are staying in a hotel, the rooms are small and the floor space that you have is quite less. But, imagine having the apartment apartment to yourself. The floor space automatically increases, does not it? In simple terms, this means that you do not need to confine yourself to one bedroom in an apartment. Availability of extra space makes the apartments ideal for people traveling in big numbers.

2. No room service requests

Unlike a commercial hotel, apartments will not have the room service bother you repeatedly for housekeeping, food, laundry, etc. This does not mean that there is no staff to do the house keeping when you are staying in a serviced apartment. In fact, they will do the housekeeping at your requested time.

3. Fully equipped kitchen

When you are staying in a hotel, you have to rely on the in-room dining services to order your meals. Chances of finding food that you like are rare but you will still have to pay a hefty bill for whatever you order. Additionally, once the room service shuts down, you have to tolerate your hunger pangs till the next day. On the other hand, every serviced apartment comes with a full-fledged kitchen. So, even when it is late, you can always rustle up a simple recipe to fill your stomach. Believe it or not, this also allows you to save a big amount of money on your overall food bill.

4. No Laundry bills

A good serviced apartment will also have an in-house washer and dryer. So, you do not have to rely on the laundry service of a third person to get your job done. Also, this do-it-yourself laundry is another money-saving feature that works in favor of frequent travelers.

5. Perfect for group stay

When you are traveling in groups, staying in a hotel means that you have to be adjusted in different rooms. This increases your tariff and also spoils the fun of staying together. But, when you choose to stay in a serviced apartment, this can easily be avoided. Everyone gets to stay under one roof and have loads of fun together.

The Current Demand For Office Spaces

The demand for office space currently can be termed as high. It is therefore not a wonder that commercial properties are being developed every single day and getting occupied within no time. The increase of course means great economic potential. It can however make it harder for businesses to find the best for their business…

The demand for office space currently can be termed as high. It is therefore not a wonder that commercial properties are being developed every single day and getting occupied within no time. The increase of course means great economic potential. It can however make it harder for businesses to find the best for their business requirements and needs. The demand marks in the service sector include computer and data processing firms, reproduction and mailing, credit reporting, legal and social services and management service firms among many others.

Apart from new companies looking for office spaces, existing companies also bring in higher demand through growth and expansion. When a company is going well, it is bound to expand and this increases the demand for larger spaces. Office spaces are there ever ever in demand in the metropolitan areas which create commercial hubs.

Factors Leading to Demand for Office Space

The current high demand office spaces can result from different factors among them the need for more companies to create a presence in the economic hubs where they are easily accessible and have higher chances of making it big in the market. Every business wishes to enjoy a great presence wherever it is. By choosing a good location, it has a greater potential of growing. Other factors that have led to the increase include:

  • Increase in office firms :

There is a current increase in the number of office firms that are in the market. The fact is that more and more entrepreneurs are coming up with amazing business ideas. A large number of people are looking for financial freedom through self employment and are there coming coming up with firms every single day. It is a factor that will always have an effect on the demand for office space. Commercial awards are being employed as soon as they complete. It goes to show an impressive growth in the business sector.

  • Increase in firm employee number :

Any firm requires employees to have all business functions going smoothly. When a firm starts doing well in the market, the need to hire more employees is inevitable. This however comes with the need to have more space. It could mean renting more office space for the firm on location or relocating to a much more convenient office on rent. The employee factor could also be bought in by demands in square foot per employee within the firm. This will also mean looking for more space for the firm to cater to the growing space demand for every employee.

  • Increase in presence goals :

Another factor that has led to the current demand in office space is the need for more firms to have a market presence. Companies are now moving more to where business growth and development has potential. Every city has business hubs which will always be attractive to the business people. Properties developed in such areas are there bound to be ever in demand. The presence of a company in the market can determine how successful it turns out to be.