Skip to main content

INVESTMENT TO BUY A PROPERTY OR HOME:

 How I Built My Nest Egg Flipping Houses


INVESTMENT TO BUY A PROPERTY OR HOME:

            Home is the basic necessity of our life. A person whole life struggle cycle is based our some key points. These points or life aims and objectives are Food, Safety, and Shelter. There are many other essentials of life but these all are came after them and that’s are education, career, religion, ideology, and productivity. If a person has not a proper living shelter like house, we cannot say that he/she a successful person in the society or community.

There are some essential points which we need to keep in  mind before making a final decision. This is the biggest investment of our life. Everyone want to make it the more effective and efficient decision. The most essential key points before decision making about your life are as follows:

Sufficient Research:

              You need a proper sufficient research with some questions. The answers of this research helps you to make your decision more rational and more effective at all times.
These question are as follows:

1.      What is your motive for this investment?
2.      What’s are your objectives?
3.      What is the thinking about your family personal and friends about your decision?
4.      How much funds available to you for this investment?
5.      How you arrange the rest of the funds for this investment?
6.      What are you future objective?
7.      Are you fully satisfied our your future decision?
8.      What kind of location you selected for your dream home?
9.      Which kind of society and friends you like?
10.  Is your investment helps you to make a attachment with your friends and society members?

These questions helps you to get the answer which are necessary for you, to know. The sufficient research helps you to make a rational decision for your bright future and helps you to make a strong bonding between you and your family.

Financial Planning:
            You need an effective financial planning for your decision. Because you will make a big cut our your retirement funds some time to make this investment more efficient and more effective investment decision about your life. That’s the reason make a proper plan and separate regularly a sufficient sum of amount from your monthly income.

Merge Your All Funds for Investment:

            When you successfully make it possible to separate a sufficient amount of  funds for your life biggest investment. When you merge all the funds that gives you a proper thinking are your funds a sufficient. If there is some amount short in it, the financial institutions, your savings and mutual funds market helps you to  make your dream possible to accomplish. The FinancialMarket institutions like Banks offer Capital Financing funds on the approved government interest rates. They ask you many questions regarding your investment. If your first part of this investment “Sufficient Research” is properly handle any your investment idea is very strong then 70% to 90% chances are there you can get the bank loan successfully. Otherwise you need sufficient liquidity funds to make your dream possible.

That’s are the essential points which we need to think before make a house financing or building investment.




Comments

Popular posts from this blog

Financial & Non -Financial Benefits from the Membership of Chamber of Commerce & Industry.

We know every business firm , commerce department, trading venture, and industrial unit always needs, Visibility to stand out and get noticed as an active participant in the society. The eventually prefer to avail growth opportunities through the provision of quality training and educational activities and through different events. They require Credibility through their production activities and services provision, which helps them in building a reputation. The holder of this membership can enjoy and avail members of member discounts to improve their purchasing power and all other offers and benefits as offered from time to time. That also helps them to build their communityNetwork and to make them socially powerful and these professional relationship helping them to get a plate forum that advocates on their behalf. This all means all industrialist, businessmen, and corporate identity holder (Only Owners of the Corporates or in some cases their partners and directors)   must ...

ELEMENTS OF ACCOUNTS:

ELEMENTS OF ACCOUNTS:                 Accounting is the art of collecting, separating, analyzing and recording the financial transactions of the business in a certain economic period. There are two different methods or system to record the accounting transactions, one is Double Entry system and the other one is single entry system. Double Entry System is used by corporate accounting business and MNCs . Single Entry System is use by Nonprofit or Charitable Organizations.                 There are three elements of the accounting transactions and every business financial transaction must be fall in one of them. These Elements are Personal Accounts,  Real Accounts and Nominal Accounts. The Further explanation regarding these accounts are as follows: Personal Accounts:        ...

ACCOUNTING CYCLE

Accounting Cycle:                 Accounting is the field of study which tells us about how to collect the economic figures, evaluate and analyze them and  record them  in a very respectable and professional way to present to the business stakeholders and helps them to collect the required information from the pool of business transactions. That is an art and we also knows it with the name of book keeping. As I write in the above paragraph accounting of business financial transactions is an art of collection, evaluation, analyzing, recording and presenting to the business management and stakeholders. That complete process is based on some steps of activates which are commonly known as accounting cycle. That Accounting Cycle is consist of 7 different steps  which are Source Data, Journal, Ledger, Trial Balance, Adjustment, Closing Accountings and Stock Valuation and Preparation of Fina...