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Real Estate

Buying property in Cyprus

Cyprus properties are selling like hotcakes with more and more houses being built on the island, there is still no sign of supply exceeding demand for long. The downside to this is that prices continue to rise and will continue to do so for some time. If you are...

The Millionaire Mind Money Management Plan

One of the most important books I have read in the past year is T. Harv Eker. Secrets of the millionaire mind. I want to review and share a savings plan that Eker shares in Chapter 14 called the Millionaire Mind Money Management Plan. Eker begins his chapter with...

Using the APOD to Evaluate Rental Property Performance

A real estate income and expense statement commonly used by investors as a guide to evaluating rental property performance is the property’s annual operating data, or APOD. In this article, we’ll look at the APOD and consider what it can reveal about a property, how it’s built, its strengths...

Invest in Rental Real Estate

It is interesting how rental real estate is treated as an investment. Like Rodney Dangerfield, he gets no respect. While conventional investments like stocks and bonds get the Financial Post and the Wall Street Journal, do a search on “how to buy real estate” and you’ll discover all sorts...

Transportation – Essential Data

So what exactly is Transportation? Conveyance is the process of preparing the legal documentation for the transfer of ownership of the property from the seller to the buyer. In most cases, a transfer attorney or other licensed transferor is hired to handle this responsibility. It is possible to find...

Tax Law on Foreign Investment in Real Estate

In 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA), 26 USCS 1445. The law states that if a seller of real property is a “foreign person,” the buyer must have tax equal to 10% of the gross purchase price, unless an exemption under the law...