Real Estate Investor Magazine South Africa September 2016 | Page 56

OFFSHORE INVESTMENT Successful selling in Atlanta Factors which Contribute to Real Estate Investment BY RJ PALANO The Real Estate investments are influenced by lot many factors, out of which some of them are discussed below in brief • Check for the proper registration The property which is under consider to invest, needs to have all the proper documentations. This is very much essential because, there are many chances of being fooled by the wrong people. The property which one needs to buy should and must have all the documentation which will help to have a genuine dealing. • Deal with Good People the type of people involved in the dealing matters a lot. Also, it is not at all suggestible to deal with some unknown person, atleast the mediator should be a known person. People will easily misguide the investor, specially when they are new to invest. So take care that you are surrounded by good circle people who will not misguide you. 54 SEPTEMBER 2016 SA Real Estate Investor • Location of the Property The actual site where the property is located is important, because the cost of the site will depend on it. The properties which are located in prime locations are of high value compared to the property located at other sites. When buying the properties at some other sites( other than prime location), one need to take care about the transportation facility to that site. It is important, not only when the owner stays at that site, but also when the owner wants to sell or rent it, the other person who wants to invest on it, will check mainly for the transportation facility. • Check for a Healthy Surroundings Not only the property, but also the surroundings of the property matters a lot. The resale value of the property will depend upon the other properties near by its vicinity. If the property is located at such a place where it is surrounded by a noisy site or a very much disturbing surrounding, then the resale value of it will be less. If the property is located at such a site where there is no disturbance in the nearby vicinity, then the resale value of it will be high. www.reimag.co.za