11 January 2019 | 33 replies
Hi Everyone ,Let me first introduce myself to the community.My name in Kenrick from Aruba(the caribbean), I am a young entrepreneur on the island also involved in real estate.In this discussion I will elaborate more about types of real estate investments in Aruba & where I see opportunities.Aruba is a part of the Netherlands, but still we are autonomous, this being said the Netherlands still has some responsibilities with Aruba and other caribbean islands.Aruba has its own currency & its own government.For more info on Aruba: http://en.wikipedia.org/wiki/ArubaReal estate in Aruba:Arubas real estate I would describe as a strong market, we have seen only growth in real estate prices this after more then 20 years after a market correction due to the closing of a refinery leading to job loss and Aruban citizens migrating to other island.Aruba in the past years have seen major condo projects & is still being invested primarly from Venezuelan investors with there condominium projects.Property land prices have been rising as supply does remain short of the demand of houses.Land:In Aruba if you want to build your own house, 2 ways you could do this either buy a property land or a government owned land leased to you.Property land being the most expensive(most valueble) & government owned land being the cheapest with restrictions are still available depending on size average size needed is 300 sq. meters or more.Housing projects is still a big business because of supply and demand, dividing big pieces of property land and developing them into housing project is a good business with draw back in regards to getting permission from government departments, must have a concrete/paved road, infrastructure in place all expenses for the real estate investors costing time & money with could lead into a delay of a year or more.Opportunity:Opportunity to buy either a big piece or a small piece of land which could easily be divided can easily double your money in 3 to 6 months time.
4 June 2024 | 2 replies
Id have to sub divide it away from my property but it can be all worth it depending on how or if it can be done!
20 April 2017 | 6 replies
You then take the cost of buying down the interest rate and dividing by the difference in the costs of the interest calculated above.
16 May 2017 | 4 replies
If you divide your NOI by the market cap rate you get the value so $8400/6.5 and the value is $129,230.
2 June 2017 | 15 replies
This can be calculate roughly by using the GRM, gross rent multiplier (all property rent of a year time divided into thee property price).
30 November 2015 | 7 replies
I'm told the beautiful wooded lot is worth the asking price even if the house were leveled and the lot sold for a new build, or divided for 2.
8 January 2016 | 9 replies
My Investment team goes (as a group-to divide and conquer), and we've actually been able to snatch up a few deals recently.
7 November 2016 | 5 replies
Hi All,First month at BP and its been awesome!I am curious to get members opinions on how to split real estate when you have two 'managing partners' (manage all operations of the investment) and 2 or more investors. ...
18 October 2017 | 24 replies
It doesn't need to be 50/50, but flipping is a lot of work and if you can divide and conquer many of the tasks, then it becomes a lot more manageable2.
10 May 2016 | 10 replies
I would definitely do it on interior walls, just frame over it that is and 4" x length of divided 12" is how much interior space you would lose, but I'd still do it.