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I'm sure glad I chose Oasis! My family and I are very thankful for having decided to buy a house in Oasis. The kids are happy and are very much proud with their new address. My husband and I would often hear our friends say that we are truly lucky with the house we have bought. Everything that...

Cherry Infante

Do You Have a Good Eye For Investing in Real Estate Bacolod?

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Investing in Bacolod real estate is tricky, but it can be very rewarding if you do it properly. It's also one of those games that you get better at as time passes. Being able to find the perfect property to invest in takes a "good eye" and some smart searching. What’s ideal is for you to find an investment property that does not require too much fixing to make it nicely attractive, Then again, you may have bought a somewhat dilapidated home with the intention of fixing it then reselling it for a hefty profit. Either method has a great potential in many markets around the Philippines, but the fact remains that if you could find a home that would require little or no work, then you can focus on the cosmetics of the home. Always consider the location The first thing that a keen investor will take into account is the location. No matter what kind of property you buy, the location is certainly important. It will also dictate the type of tenants you will have if you’re renting, or what kind of buyers you can expect if you would be reselling the property. Before buying try to have a good grasp of the neighborhood that the home is in. Is the property located primarily in families, retirees, or young professionals? This may change the way you choose to fix the house up, understanding the neighborhood is always a good idea. Inspecting the house There are a number of other things that you must keep your eye open for. Before purchasing, make sure the house is inspected. Also, take several photographs of the home and then document the condition of everything. This is all the more important if you plan to rent. Now, no matter whether you are planning on renting or flipping, there are a couple of things that you can do to increase your ROI. Cleaning up and other stuff. A general clean-up and also some repainting is always a good point of sale. Also, replacing any old or outdated appliances can dramatically increase the asking price. This works either for properties that are for rent or for sale. Do some landscaping if necessary. Make sure that the gardens are tidy and planted with flowers. Trim the lawns and walkway edges too. Make sure that the yard is attractive, tidy, and appealing to the buyer. If these things are noticeable in the property, you should be able to realize a much higher profit from your investment, and after all, that's the whole point isn't it?

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