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Search resuls for: "Atif Afzal"


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Real estate investing, if done prudently, can earn income in a variety of ways. There's no guarantee your real estate will appreciate, but there are strategies you can use to improve your chances. Focus on the kitchen and bathroomsDana Bull, a Massachusetts-based real estate investor, agent, and consultant, bought her first property for $200,000 in 2012. Massachusetts-based real estate investor Dana Bull. Unless you're truly an expert in design, it's often worth it to pay a professional, she said: "I'm a real estate agent.
Persons: Dana Bull, They'll, Afzal, Monroe, it's Organizations: Service, Business Locations: Massachusetts, Monroe , New York, New York City, Manhattan
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Atif Afzal bought his first property in Monroe, New York in 2019. It has become increasingly more competitive to buy in Monroe, said Afzal, who owns five properties, including four long-term rentals and a primary home. Real-estate agent and investor Dana Bull, who does deals in Boston, has experience helping clients win bids. The key is to focus on the property — the specific things that you like about it — rather than you the buyer.
Persons: Atif Afzal, Afzal, what's, Dana Bull, they've, it's, Bull, you've Organizations: Service, Business, realtors Locations: Monroe , New York, New York City, Manhattan, New York, Monroe, Boston
Each of his rental properties is a townhome, which he prefers because they're easier to maintain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "It has to be townhomes," the 39-year-old real estate investor told Business Insider. Afzal bought his first property in Monroe — a town about 50 miles north of New York City — in 2019. This story is available exclusively to Business Insider subscribers.
Persons: Atif Afzal, , Afzal Organizations: Service, Business, New York City — Locations: New York, Monroe —, New York City
Insider has spoken to successful real estate investors who started with terrible credit, or no credit at all, and still managed to buy investment properties. Like many young students, they didn't fully understand how credit worked and ended up racking up credit card debt. Apply for a secured credit card and pay your bills on timeWithout any credit history, Afzal couldn't open a regular credit card. Instead, he had to start by getting a secured credit card, which is a starter card that doesn't require a credit history or credit score. The credit card company will hold that money as collateral if you end up defaulting your card.
Atif Afzal has built wealth and created financial independence via real estate investing, but it's not the only place he puts his money. Real estate is the lowest risk for me because traditionally it has always grown." Despite his success as a real estate investor, he's invested in other types of assets, including cryptocurrency and the stock market. Why real estate is at the base of the pyramidFor Afzal, investing most of his money into real estate means "adopting a conservative approach," he said. Seattle-based real estate investor and self-made millionaire Todd Baldwin similarly believes that real estate investing is the most tried-and-true way to generate wealth.
"Home sales are trying to recover and are highly sensitive to changes in mortgage rates," NAR economist Lawrence Yun said. He added that home prices are still climbing in regions where jobs are being added and housing is relatively affordable. cutting rates) in the next 12 months, which will again sway the housing sector. With that outlook in mind, the economist said "home sales will steadily rebound despite several months of fluctuations." Even in a tight market, this home expert still sees potential to save money on interest rates.
Part-time real estate investor Atif Afzal says his properties have gone up in value by more than 60%. He invests in Monroe, New York, which is about 50 miles north of New York City. Atif Afzal bought his first property in Monroe, New York in 2019. What he's looking for in an investment propertyAfzal has a few specific requirements when he's looking at investment opportunities. It helps that he's worked with the same realtor since day one, he said, since she's aware of exactly what types of properties he's looking for.
Part-time real estate investor Atif Afzal is financially independent, thanks to his rental income. To maximize his cash flow, he manages his properties himself, rather than paying a property manager. When Atif Afzal set out to invest in real estate, his goal was to create cash flow. He shared three strategies that have helped him maximize cash flow and create financial independence. There are other advantages to buying in cash besides the cash flow component: "The biggest advantage is you are in the driver's seat and in a better position to negotiate with the seller.
That brings us to today's main story — economists say the official data coming out of Russia isn't painting an accurate picture of Putin's wartime economy. "These are the things that businesses deliver and consumers purchase in an economy, and they have been absorbing the impact. Our tracker shows a contraction of the Russian economy ahead of the official figures release precisely because we use high-frequency indicators from the private economy." Vehicle sales, imports, credit growth, home prices, and other measures all point to a much less robust regime since Vladimir Putin's war on Ukraine began. These four charts tell the story of how war has reshaped Russia over the last year.
When Atif Afzal moved to the US in 2018, he didn't have a credit score and had to start from scratch. His lack of credit became a problem when he wanted to buy a home, so he saved up to buy it in cash. When Atif Afzal moved from India to upstate New York in 2018, he didn't have a credit score. Unable to secure a mortgage, he decided to buy his first property with cash. When he first decided to buy property, "my priority was selecting an awesome location," he said.
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