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I have been a landlord, real estate investor, licensed real estate agent, and licensed builder. I have also done a significant amount of stock investing and options trading.After 12 years of owning, remodeling and maintaining properties and renting them, I realized that it is a very time consuming process. Without a doubt, there is money to be made in real estate. Your primary residence, while it should be investment grade, should not be purchased primarily for resale purposes. You need your home to be a place that you can relax from a hard day’s work and recharge for the next day, raise a family and have privacy. Most primary residences remove more money from the owner’s pocket than they put in….think property taxes, maintenance, mortgage interest and principle, insurance, lawn maintenance, security. Nobody is going to pay you to live in your home. Over time, my experience that home ownership beats renting by a long shot.On the other hand, properties that you own to rent can be lucrative or they can be like a mirage where just when it seems like you are going to make some money, something happens to change that. Your tenant loses a job, an expensive repair is necessary, taxes are due or your tenant damages the property and is not solvent enough to make it good. Your court judgment has value only according to the tenant’s integrity. Specific laws need to be followed regarding landlord-tenant disputes, evictions, etc. The law makes it time consuming and costly to do an eviction properly. In order to be successful, you need to become an expert in the legalities of being a landlord. This can be achieved through diligent study of your state’s landlord tenant law. The key thing to understand about residential real estate is that the landlord is bound to the tenant’s ability to pay on time. Tenant screening is of prime importance and the process must be thorough.Stock investing can be much less time consuming because I can do it from the comfort of home. I don’t need to drive from property to property to do maintenance, check on condition, etc. Property managers are profit driven just like landlords. Using a property manager could save time but it will typically cost 7% to 10% of your gross rent plus any labor and materials required for repairs. You will be paying for labor and materials at a higher rate than you could obtain them on your own. This needs to be factored into the landlord business plan if you use a property manager. Most municipalities require periodic inspections of rental properties. The landlord pays approximately $250 per year in my area for this inspection, whether the municipality actually inspects the property or not. If repairs are noted, some localities require that the repairs be performed by a licensed contractor in order to obtain a certificate of occupancy. Thus you may need to be licensed if you plan to perform your own repairs.To answer the question, many people are drawn to the perceived glamour and hype of real estate investing. Infomercials and so-called reality TV programs may be responsible for this perception. Realize that there are a lot of scams. Most real estate get-rich-quick programs attempt to make themselves rich by selling programs to eager investors. Realize that there is nothing that these programs can teach that you can’t learn on your own by diligent study. Most people will have an urge to try their hand at real estate. I say learn about it and try it on a small scale before ramping up. This is the only way you will actually know whether you enjoy it or whether it is your ticket to wealth building.One must factor in the time and effort required to implement any investment strategy. There is a learning curve to real estate and there is a learning curve to stock investing. As an investor, you will be more successful when you have more time to think and plan. Stock investing affords me more time for the type of strategic thinking necessary to maximize my investments.My experience is that once the investor comes up to speed and understands the fundamentals, stock investing is much more lucrative and much less labor intensive than residential real estate rentals or rehabs. High end commercial real estate has the potential to be very lucrative but the cost of entry is beyond the means of most beginners.

This answer is going to focus on the selling/listing side, as opposed to the purchase side of the transaction. As a professional real estate investor, I'm typically more focused on using agents to sell investment property, but the list is nearly the same as agents I use for selling my personal residences.First, let me break down the three main areas that I use to evaluate a listing agent:Listing and MarketingNegotiatingGetting to the TableListing and MarketingHere are some of the things you should be looking for from your agent when it comes to Listing and Marketing your property:Accurate Pricing: Perhaps one of the most important aspects of being a Listing Agent (someone who represents the seller) is the ability to accurately determine how much a property will sell for. If you overestimate, you run the risk of not getting any offers, letting the listing get “stale” and ultimately keeping the seller from making his profit. If you underestimate, you’re leaving money on the table that should be going into the seller’s pocket. Great agents know how to accurately price a property; even better agents can tell you how much longer or shorter the property will sit if you adjust your price, allowing you to do your own cost-benefit analysis on the pricing decision.Great Listing: Anyone can write a few grandiose words about your property and throw up a half-dozen average pictures. A great agent recognizes that the listing is the last opportunity to make a first impression on your buyers. The goal is to get them excited about seeing the property just from looking at the listing. If they’re excited about seeing the property, and have a day or two to look forward to it, they start building up an emotional attachment in their head. So, while they may be out looking at a number of properties before yours, yours is the one they’re looking forward to. A great agent knows how to write listing copy to really connect with buyers and knows how to take pictures (or hire someone to take pictures) that present a WOW factor in the listing.Getting Showings: For $300, you can list your property on the MLS using a flat-fee listing service. So, don’t fool yourself into believing that you need an agent to get you onto the MLS, or that an agent is good just because they get you showings based on your MLS listing. Great agents have a network of other agents that they turn to after each listing to market the property, find targeted buyers, etc. If you can expect to get 5-10 showings the first weekend just from listing the property on the MLS, you should expect 20-30 showings if you have a great agent.Preparing For Showings: Great agents don’t leave things to chance. For example, in our business (where my wife is the agent for our properties), we keep each house on a portable alarm system. One reason we do this is to protect our investment. But the bigger reason is that we want to ensure that buyer’s agents HAVE to call us and let us know BEFORE they show the property (our listing asks for 30 minutes notice so we can turn off the alarm). This gives us time to send one of our employees over to the property to turn on the lights, open the blinds, verify the temperature, refill the scented air-fresheners, make sure there are flyers and blank contracts on the counter, make sure there is no trash in the yard, etc. This ensures that every single showing makes the best possible first impression on the buyer.Soliciting Offers and Getting Feedback: Any agent can tell you that you had 10 showings over the past week. A great agent knows how each of the showings went, what the buyer (and the agent) liked and didn’t like, whether an offer is forthcoming or not, and any other information pertinent to the sale. How does the agent do this? Simple…they pick up the phone and call the buyer’s agent for feedback a couple hours after the showing. A can’t tell you the number of investors I speak with who say they can’t get an offer, and when I ask what negative things the buyers have noticed, they say, “How would I know?”Evaluating Progress: Not every showing is going to result in an offer. Hopefully, if the property is priced correctly, you’ll get an offer within the first 3 or 5 showings, but sometimes, even that doesn’t happen. When that (doesn’t) happen, the important point is to know why. A great agent will be able to use the market data and feedback they’ve gotten to determine why. Does the property need a price drop? Does it need a fence around the back yard to shield the trash in the neighbors yard? Does it just need more time and a couple more showings?NegotiatingNegotiating is the second major area where I’ll evaluate an agent. While there are a lot of areas of selling real estate that require strong negotiation, I’m going to focus on two.First, negotiating an initial contract with a buyer. I know a lot of investors who think they are great negotiators and who insist on doing offer negotiation themselves (I’m one of them). But, in reality, as the seller, you are probably not as well suited to negotiating your own property as someone who is less emotionally connected and vested in the property (again, I’m in this category as well :)). There are two risks that an emotionally invested person faces when negotiating their own deals:Overvaluing the DealBy overvaluing the deal, I mean that many sellers believe their properties are worth more than they actually are or are too emotionally invested in the property to recognize a fair offer.For example, it’s the first weekend on the market for your newly rehabbed property, and you’re just waiting for that full-priced offer from the first person that walks through. Surprise, the first buyer makes an offer $20K below the list price. You’re positive the house is worth full-price, so you counter with full-price. The buyer increases his offer to $10K below list. Again you counter with full-price. The buyer — annoyed that you’re not willing to even budge — walks away.Perhaps this was a good move on your part, and you’ll be getting that full-priced offer on the next showing. Or, perhaps you lost the only offer you’ll end up getting for the next 6 weeks. A great agent would be able to put that specific offer into perspective for you, and may have been able to save you that deal.For example, perhaps $10K less than list was still a great offer, and you just couldn’t see it because you were blinded by excitement. Or perhaps the agent would have seen some aspect of the deal — other than price — that you could have conceded to the buyer without dropping the price. Regardless, the fact that you were so excited about the first weekend on the market and a potential sale may have clouded your judgment when it came to negotiating that offer. A great agent wouldn’t let that happen.Undervaluing the DealOn the opposite end of the spectrum are those investors who are willing to give up too much in the negotiation because they don’t recognize the value of their property (I often fall into this trap myself). These are the seller who get an offer the first weekend at $20K below list price and want to jump on it. Perhaps they don’t even want to counter-offer for fear of losing the buyer.While these sellers will often get their houses sold quickly, they tend to leave a lot of money on the table that could have gone right into their pockets. A great agent will let you know when you’re selling yourself short, and will push you to get more, even if it adds a little risk. In fact, many investors overestimate the risk of losing a deal by doing a little bit of negotiation, so in many cases, the agent really isn’t adding any risk — the buyer is expecting a counter-offer, and if you accept without making one, he may wonder what’s wrong with the property if you’re willing to give it up some easily!So, when it comes to negotiating an offer, a great agent is invaluable. Not only is a great agent a strong negotiator, but a great agent is also able to convince you when you’re not thinking clearly when it comes to your negotiating tactics.The second piece of the negotiating puzzle that great agents help with is after the inspection and at the end of the due diligence period. Oftentimes, the buyers will come back with a list of “demands” — perhaps repairs, additions (like a new fence), or even a decrease in the agreed upon price of the house. A great agent has been through this process many times and knows when a buyer is just fishing for concessions and when a buyer is seriously at risk of walking away from the deal if he doesn’t get what he wants.Getting to the TableGetting your property under contract is one thing, and actually getting to the closing table is another. Especially in this market where lending is tight, buyers are flaky, and good real estate professionals are in short supply, a high percentage of deals are at risk of falling out of escrow if the agents don’t do their jobs very well.Here are some things we do in our business to ensure that property gets to the closing table. Even the best agents may not be as persistent as this (and that’s not necessarily a bad thing), but the best agents will do as much of this as necessary to get the deal closed:Getting Appraisals Ordered: A great agent will get in touch with the buyer’s broker/lender within a couple days of a getting contract. The first order of business is getting an appraisal ordered, and great agents will make sure that gets done quickly. If it takes 2 weeks to get the appraisal, and then the appraisal comes in low, that’s 2 weeks wasted. I make sure an appraisal is ordered within 48 of the contract being signed…if it takes longer than that, I know that the broker or the buyers is lying about how qualified they are to buy (and need more time before they want to pay for that appraisal).Be Present for the Appraisal: This may be the most important aspect of a deal these days — getting the appraisal to come in at the contract price. A great agent will either be present for the appraisal or arrange for you to be (with comps in your hand). In our case, we take the agent lockbox off the door so that if the appraiser shows up without anyone telling us, he needs to call us to get in (most appraisers use the same lockbox key as agents). When an appraiser calls us from the property, we tell him we have the key and we’ll run right over. Luckily, we’re generally informed beforehand so we can be there with comps in hand, renovation lists, etc. Appraisals can make or break a deal, and again, a great agent leaves nothing to chance.Be Present for the Inspection: I would never expect my agent to be present for a buyer’s inspection (and neither should you), but a great agent will recommend that you be and will do everything she can to get the buyer to agree to it. This way, you will know beforehand what the buyer is likely to come back with when requesting repairs. More importantly, if the inspector brings up something that you think may be confusing to the buyer (and that you think might freak the buyer out unnecessarily), you can ask leading questions right then and there to get the inspector to clarify and make the buyer feel more comfortable. Of course, if the buyer really doesn’t want you there, you should respect his wishes and not go.Getting the Closing Scheduled: Sure, this seems like an easy item. But, in reality, it’s a BIG ONE. The average agent will schedule the closing a few days or a week before it’s to take place. A great agent recognizes that a firm date will help everyone stay on schedule. Our process is, within 48 hours of the contract being finalized, we call the closing attorney and get the closing put on the calendar. While this date may change (hopefully get pulled in sooner!), when you have something actually scheduled, it makes people focusing on hitting that date. Trust me, you’ll get much more cooperation from the lender when you say, “Are we still on-schedule for August 18 at 3:30pm?” then if you say, “Are we still going hit mid-August for this closing?”Communicating: Great agents over-communicate. There shouldn’t be more than 72 (preferably 48) hours that go by while you’re under contract that your agent doesn’t call or email you. Even if it’s only to say, “Nothing new…everything on track.” If your agent knows that she is going to have to give you a status every couple days, it means she also knows that she has to get the status at least every couple days. Whether that means calling the broker, the processor, the buyer’s agent, the closing attorney, etc. A great agent keeps in touch with everyone, all the time.These are my basic criteria for a real estate agent, and like I said above, those that do most or all of these things well are worth every penny they make. Not only do they ultimately make you more money on each deal (perhaps even enough to cover the cost of using them), but they will save you countless hours, countless headaches, and countless sleepless nights.

How do you decide which property is right? Do you decide by location and best offers?Are they the only criteria you use?Are you looking at Noida extension based on these two factors?If so, then let me tell you what I know of Noida extension and real estate from my experience.First, I must tell you I have been watching this estate since 2009. This was when the first project was launched in Noida extension. Not a single family had moved here. People started to shift only after 2014.This is the same year I got my property possession. As I moved here with my family for permanent stay, we soon realized the local transport was still lacking.Even getting groceries was difficult. We had to commute everyday 8kms to sector 71 or the city center to get our basic needs like groceries. It was challenging to commute to schools, hospitals, etc.But now in 2021, we have a 2.5 lakh population here. It is a fully crowded and packed locality. With 60+ apartments occupied and malls, offices, retail shops nearby the place is bustling with people.Still, more than 50 apartments will be available for move-in in few months. Commercial development is also quite significant.Not just that, you can take part in 50+ communities dedicated to different activities. greater noida cycling club, WOWride, peer to peer charity, Ramleela trust, and Sai Sewa Samiti are a few to name.With these, you can enjoy the weekend by doing a variety of activities. Be it cycling, charity, exercising, or participating in cultural events of the locality.End of the day, a real estate value is decided by the people living there. What quality of life is lived affects the real estate rate. Communities that support and enjoy together show an increase in property value.Some part of Noida extension especially where I live has become overcrowded. I had invested in residential and commercial projects in 2013. It was under construction. Now all property value has been appreciated. Because of that, I am receiving good returns and rentals.Noida extension is a large area. A lot of construction projects are in full swing. New apartments are rising in other parts of Noida extension.Commercial projects have been launched. They show potential for real estate appreciation.In few years, 2-3 lakh people will move to the current 1 lakh population areas. The current rates are also low. I had also invested in Noida extension seeing this opportunity.I have been living here and experiencing real estate for years. Being investor ,real estate brokerage business I have gathered all the local details on the Noida extension. And I have seen the commercials appreciate.There are few checks that must be considered when investing in commercial developments.I won't be talking about the nearest metro, highways, nearby schools, or other things. All these are boasted on brochures.And it is pretty much the same for all projects.Identify commercialFirst, let us understand what is commercial.The commercial is divided into two groups. One, office space. Two, retail shops.Second, know your reasons.What to look forIdentify which of the following categories suits your purpose, and then plan accordingly:· Buy and self-useHave the benefit of self-utilization, while also getting value appreciation.·Buy and leaseThis offers regular income and long-term value appreciation.·Buy and sell (short-term)This is generally for quick, small to medium profit. The typical property is under construction and sold at a profit on completion.·Buy and sell (long-term)This is generally focused on large intrinsic value appreciation over a long period. This offers alternatives to complement long-term goals, such as retirement.Once you have decided on your purchase needs, you can move to the next important checks.·Neighborhood KnowledgeDeep local market experience allows one to understand hyperlocal market trends, accessibility, and essentially, “Where are the good streets to live?" Local information like connected road, no. of people living in that area, future no. of people that will move to the area, etc.Localized information is very important for the appreciation of commercial property.·Location of propertyThe adage "location, location, location" is still king. It continues to be the most powerful factor for profitability in real estate investing.Most important is to understand the right location of commercial property. But this has to be done according to local people and not for an outsider.End of the day majority of local people will be the footfall in the area and not outsiders. A permanent resident will consume that property or will take on a lease.The purchasing power of peopleWe need to understand what kind of people are living in that locality where commercial is. Importantly, do they have the purchasing power to visit commercial spaces for consumption? This makes a huge difference.·InventoryAn inventory in the real estate parlance means the unsold or held units in a given stock.Getting the right inventory is very important. Because all good units are held by the builder, investor, and property consultant.Builder release the best unit to only those who pay a premium for that unit.Premium units pay higher and better returns than a normal unit in the future. Premium unit is given to institutional and certified property consultants in most cases. Because they sell the unit in masses.·Lease rightsIf builders hold 20- to 40% of the property and give them on lease to brands then that commercial will be successful. Reputed builders give their 30 percent of the inventory on the lease to the brand.This is so that maximum footfall comes in the commercial.If the builder is earning huge rent by leasing to brands they will take interest in the future maintenance of the property. Long term interest of builders is important for the success of any commercial.In most cases, builders sell all inventory. And in such cases, the commercial doesn't get much appreciated.Rera Certifiedif you are buying property through property consultantEvery third person is a real estate agent in India. This industry is one of the unorganized sectors in India. 99% of property consultants are not RERA certified.Most people enter this business without local knowledge or a RERA certificate.They do a lot of misleading and misselling. Moreover, they cannot be held accountable if things go sour in the transaction. You cannot even track them in government records.They do freelance dealings. They don't have any domain knowledge about the property. Nor are responsible for the customer.Freelancer just vomits brochure data in simple words to the customers. If something goes wrong buyers feel cheated and helpless.Real estate is a much complex subject than the stock market, mutual funds, and other financial instruments.I have worked in a top position in the mutual fund and other financial industries. And I can tell real estate needs more analysis than any other industry.RERA is a government body. It gives license to property consultants. RERA gives two types of licenses. One is for an individual and the second is an institutional license. You can check one's RERA no. and certificate on the official government RERA website.RERA certified consultant is held guilty if they do wrong selling to the client.An institutional certified RERA consultant is more preferable. Because in this entire company is accountable for wrongdoing a customer. Only big and privately held companies can take this corporate RERA certificate in their name.Reputed builders often prefer only institutional/ corporate RERA certified consultants to sell their projects.·Buy the right property, not a huge discount. Most of the time customers land up in buying the worst property and worst inventory. All because they got intimidated by offers.These were just a few starting checks. I have more than 20 checkpoints that I use. If you are interested maybe we can catch up and discuss.We are the largest tech-enabled real estate brokerage firm with over 50 offices in India.We work only with Top rated and verified builders who completely meet our parameters. We do so to ensure 120% customer satisfaction.We have a wide range verified and top rated commercial projects in office space and retail shops in the Noida extension. Price starts from 25 lakh for office space and retails shop starts 50 lakh onwards and no cap on maximum limit. we have exclusive and premium unit. We have property which gives high rental value.Price of Property depends upon size and location of property .Loan is available on all commercial.We at Regob have a big research team. They go for on-ground visits and do all due diligence before we sell that project.Property Management for customer -This service is very unique and .We do property manage for our customer in leasing authorized by builder. We assist 360 degree to resale property in premium price in our large network of investor in future .Remember, the best investment on the earth is the earth that produces cash flow.Lets us discuss how to create massive wealth in real estate. Reach us for more details.