Lynn D'Avolio
Century 21 North East | 801-597-2857 |

Posted by Lynn D'Avolio on 7/28/2015

There are many ways that you can invest in real estate. One way is by purchasing land. This option can be a very lucrative choice, as long as you keep the few important points in mind. The reason why purchasing land could be a viable option is because you get to pick your location, and build a home to your specs. This will allow you to find your own contractors to construct your building for you. By having full control over who you choose and what you pay, it becomes easier for you to save on costs. Keep in mind that while you do have full control over who you choose to build on your property, it also means that there will be more responsibility hanging over your shoulders. For example, you would need to make sure that you have all the right permits to construct your building, and you also have to make sure that you choose the right contractors; otherwise the whole project can turn into a big catastrophe. Therefore, before deciding to purchase a piece of property that is completely void of any buildings, take some time to do some research, as this will save you a lot of headache in the long run. Buying land in a down market can also be a great investment. Land is becoming harder to come by, which is creating a higher demand for land and in turn bringing the price up. Buying land now and holding onto to it could bring some great return. Think about it in 10 years from now there will be a lot less land and your lot could be worth a pot of gold. Invest now and reap the rewards down the road. Think of it like a savings account, you deposit money into a piece of land and watch your money grow!

Posted by Lynn D'Avolio on 12/30/2014

Many individuals cannot fully understand why they should invest in anything.  When looking at it from the perspective that the right investment could provide a secure financial future, one might see reasons why they should. The goal being not having to work for the rest of your life, instead, have your money working for you. A secure financial future is achievable by investing in the right areas. After savings, the next way to watch your money grow is through investment.  If you are a business owner, profits need to be reinvested in the company to support expansion. In general, whether you invest in precious metals, real estate, stocks or bonds, it does not matter as the objective is the same, the generation of more cash. Although there are risks associated with investing, the financial gain is typically faster than the interest earned through a savings account. Types of Investment Let us have a look at some classes of investments as there are several methods to consider. This is just a few in the financial sector.

  • Cash
  • Bonds
  • Shares
  • Property
Cash This is the most basic form of investment. It can be made in the form of a savings deposit with a bank, credit union or society. This is a relatively secure form of investment. The risk involved with this type of investment is that it may lose value if the interest rate is not above the rate of inflation. Bonds This is a loan you make to a company or the government.  As an investor you will receive back your initial investment plus the interest generated at the predetermined maturity date of the bond. This is a secure form of investment with regular income, however, in some cases, the bond issuer is unable to pay in full. Shares Investing in shares is investing in a company. In return, you are paid returns on your investment if the company makes profit.  You may also be entitled to have a say in the company's method of operation. This form of investment has growth potential over time. The downside is that the price of shares fluctuate and a fall in share prices reduces the value of your investment. Property Owning rental property can be a great source of extra income. There is a wide range of properties to invest in, such as residential buildings, events centers, commercial centers or even a piece of undeveloped land. This is an investment with stable revenue, having the potential of growth over time. The downside is that prices can fall, negatively affecting the return on your investment. Secondly, it could take a long time to recoup your investment, keeping your money tied up longer than expected. Everyone should consider investing to help secure their financial future.  Research will help you determine what form of investment will best meet your individual financial needs.  

Posted by Lynn D'Avolio on 12/18/2012

Buying property can definitely be a very lucrative investment. However, before you decide on buying and selling real estate, you have to have a good understanding of the markets. In other words, if you are looking to buy so that you can sell down the road to make a profit on your real estate, then you are better off achieving this when the housing market is slow, as there is less demand for buying houses, thus forcing sellers to lower their prices. This in turn will allow you to get a home at the lowest price possible, and then being able to sell it at a higher price once the markets begin to move again. Of course, investing in real estate is not only about the current conditions of the housing market. In addition, you also have to look at other factors such as the location the real estate will be in, the condition of the real estate, and the reason why the owner is looking to sell. In the end, buying and selling real estate carries the same risks as any other type of investment, and the only way to avoid these risks is through proper research. More importantly, you will be spending a good amount of money on real estate compared to other types of investments, and so you want to make sure that your money is well spent. By keeping these valuable points in mind, you will be able to find the right property to invest in.