Here are some tips to help you get the most out of your Liquidity degree when buying an apartment. Liquidity must be taken into account when buying all real estate properties, such as condominiums. In this post, we will mainly share the apartment as an apartment, and other types may be considered, although there are some differences.
Liquidity is the degree to which every asset is available, and the ability to resell that asset as quickly as possible at the market price makes it easy to make money. It can be called liquidity. One thing to keep in mind here is that the market price is not the same as the purchase price. For example, if you buy an asset for 100 lakhs and the market price drops to 80 lakhs, you will not be able to resell it for 100 lakhs. In addition, liquidity at a lower price than the market price does not mean that the liquidity is higher.
Every real estate investor has to think about the liquidity of the property they are buying. If the property you bought is not easy to cash in, or if it is not easily resold, you may lose it when you find a better investment. The only way to get a good return on your investment in real estate is to get a regular rental income and a large amount of capital gains when reselling at leverage. However, if the liquidity is not good, the price will go up but you can miss the peak price when it is not sold.
If you buy low liquidity assets, in other words, the value of your assets is not easy to convert into cash, causing cash flow congestion when you need cash urgently, resulting in unwanted losses. For example, when you are in dire need of money, you can no longer wait to sell at the market price. There are times when you have to make money by selling at a broker.
Yangon is densely populated and has a large population of apartments. When it comes to buying or renting an apartment, whether you live in it or rent it out, it would be great if you could easily get your money back. Liquidity Factors
(1) Place
The first point is location. Even if the apartment on the street is the same price as the apartment on the street, the apartment on the street can be easily sold. So among the liquidity factors, space has a big impact.
You should also consider parking under this heading. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo. This can have an effect when reselling the apartment. Parking is also an advantage not only to have a car park under your house but also nearby. For example, in the neighborhood, there are houses on one side of the road, but there are schools on the other side of the road. Office In non-residential areas such as playgrounds, parking is also popular on the front porch.
(2) Quality of the Apartment.
Is the quality of the apartment good? Is it typed according to the specified pile? Are the proportions of cement used good? Safety ladders and leaks. Water quality should be considered under the quality of the apartment. Quality can be assessed if you are an engineer, but it is not easy for the average person. The quality of the apartment is usually considered by the contractor who builds the apartment. This contract uses good equipment and has a good reputation. This contract is like a shelter. Agencies in this area are aware of this.
Or whether the entire building is cracked from the outside; Inside, every floor has the same cracks and crevices. In general, you can look at it with superficial decisions, such as whether you are good or bad. I once looked carefully at the interior and exterior of an apartment I was going to buy, and it was only when I was comfortable on the street that I saw the whole building tilted.
Before the change in construction policy, there were some differences between the flats and the new flats. In the past, some buildings only had a back staircase. There is no fire pipeline system. It may be because the building is higher than the standard height or the roof is higher than usual.
(3) Layers.
Another liquidity factor is the height of the apartment floor. Usually five or six floors are not a problem when staff and friends are gathering, but families with young children and the elderly do not consider buying high floors. If you choose the upper floor, you will not be able to meet the demand of the above families.
(4) Transportation.
This is also a liquidity factor as apartment buyers consider it. For example, Tamwe Kyauk Myaung; Tamwe Circle Places like Hledan are quite convenient. There are buses that can reach the whole city, making it easy to travel and save time. In addition, the price, school, Recreation areas Hospital Clinic It is also convenient for transportation if it is close to major places such as
(5) Term of Building.
The age of the apartment depends on the age of the apartment, whether it is old or new, and so on. It has been noted that a building can be as reliable as a normal building for 50 to 60 years. Some high-quality buildings are said to be hundreds of years secure, but it is true that end-of-life buildings are less popular.
Some people do not like the new building here. A friend bought a brand new apartment. I have been told by customers that I would not buy a brand new apartment because of the poor quality of my house. For this reason, some people prefer a new building that lasts for a month or two. Rain or shine. On the top floor, there are leaks and leaks. It is said that this is the only way to know more about bad skin.
(6) Easy to Rent Again. Not Easy.
In some areas, apartments are occupied by factory workers. Due to the large number of dormitory students, there are many apartments that are easy to rent until you can rent a house this evening. This is often the case when it comes to renting a home. Because it is easy to rent, the rent is often higher than other places. When you live in a house and want to resell it, a fast-moving apartment is often more attractive because it can attract the interest of the tenants. Also, it is best if the rent is in line with the bank interest rate.
(7) Neighborhood is Not Good.
When talking to real estate agents, they tend to prioritize the best neighborhoods by township. For example, in which township, which ward is the second best? The good and the bad of the neighborhood depend on the living environment, whether there is a burglary or not. Unity; Good governance, cleanliness, They help each other. And so on.
(8) Price.
Another important factor is the price of the apartment. Two apartments worth 50 million kyats and two apartments worth 20 million kyats are likely to sell for more than 20 million kyats. But the price depends on all of the above, so there will always be a price. In connection with the above rent, there is the fact that the apartment that the tenant gets more at the same price can be sold more.
9. Criminal Case and Complaints.
This is where the complexities of the apartment you buy come from. Some rooms are mortgaged. Some are heritage shops; Some are sold by two or three people. Some are facing lawsuits with landlords. You also need to be aware of the complexities. In addition, crimes such as murder, It would not be possible for a building to be executed.
(10) BCC / Gram.
Some of the apartments are contracted and built on six floors with BCC concessions, while some of the four or five floors are self-contained apartments on private land. Secondly, it is not BCC. Both are affordable and can be purchased. However, non-granular soils that are not both. Permitted lands It can be difficult to resell if you have high-rise apartments and no one is allowed to live there.
If you are buying land other than an apartment, you still need to check what kind of land you own and what type of title deed. For example, permit land or gran land? Is 40 or 60 feet of land sold for 20 to 60 feet? Liquidity can be affected by the original part of the permit or the copy of the permit. For example, the original permit sold for more than one copy of the permit. There may be
(11) Landlord.
Since most apartments are sold separately without land ownership, only the landlord owns the land. In fact, they own the land. If the apartment collapses due to a natural disaster or when it is no longer possible to live in the apartment, the ownership of the apartment will be lost. Even so, owning one is still beyond the reach of the average person. In the case of a sales contract, only the landlord’s certificate is required. In some cases, the landlord is only allowed to pay 2% of the sale price. In addition, the landlord’s monthly land rent; Water fee Repair costs Cleaning fees are also available in some apartments. In addition, you may have to deal with a landlord when your relationship with the landlord is strained, whether you rent it out or not.
Landlords in some areas may have local prejudices. Tenants do not like the increase in population. In some cases, apartment owners are not allowed to enter or leave the country, which can lead to psychological problems for apartment owners.
But some landlords are kind enough to please. My apartment is half-contracted, but most of the landlords buy it back, so the whole continent looks like a family. For this purpose, the person who started cleaning the stair broom was sent down every floor. Cleaning around the building; I always take care of my room. And so on.
(12) Interior Decoration.
This is also important. Is there a room in the room? Is it parquet or new paint? Are they weird? Do you have window irons? Steel fence? The Iron Gate ထပ် ခိုး၊ Do you have one? Are the air conditioners installed? Do you sit down? Is the kitchen tile tiled? Liquidity can be increased as well as good interior design. But it also affects the price of the apartment. (I will write about this separately as value added)
(13) Convenience.
Roads are not two-lane roads, but wide roads? Is it a good road? Is there a good car park? Is it convenient to park? There will also be parking lots. Is the road closed on both sides? Will it be close to the main roads on all sides?
(14) Safety.
Another factor is security. In the new buildings, fire hoses must be installed in front of each apartment in accordance with the government regulations. The rear emergency exit has been reinforced with concrete stairs.
(15) Other Points.
On the other hand, is it okay to climb stairs? Are there only high-rise buildings next to it and in front of them? If it is six layers, is the roof waterproof? The stairwell is wide. Discipline of apartment occupants; Littering; Religious and racial discrimination; Neighborliness; There are children playing in the upstairs room. Environmental disturbances; It’s also a good idea to have small details, such as whether the apartment is tilted or windy or rainy.
These are just some of the goal setting shareware that you can use to help you get the most out of your apartment. I would also like to encourage you to work with professional brokers in the area, as agents and brokers in your area are more knowledgeable about the apartments. : Hiring the right brokers can be less of a hassle. At this point, I will stop sharing because I think it is quite understandable. Adequate knowledge can easily overcome serious difficulties. More Get Quotes Here…
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