There are some principles you’ll want to keep in mind, however, which we will go over in this investment guide. Many so-called investors buy property with the intention of selling it at some future date after the property appreciates. This is merely speculation; it is not investment. Never, ever try to predict the future. It’s silly to; none of us are fortune tellers, and none of us have crystal balls.

Make sure that you are looking at investment property that guarantees you both safety and profit beyond any reasonable doubt.

The first thing to do when buying investment property is to figure out the property’s intrinsic value. This is what the property should be worth, not what its actual price is. As investors, we only care about the price in one instance; for all other purposes, we are concerned with the property’s value. We watch the price casually, and when it dips below the intrinsic value, we watch it like a hawk. We will buy only when it dips below eighty percent of the intrinsic value. This will give us a margin of safety of twenty percent; the price can decline this much before we lose any value.

You must find a way to assure yourself of a profit, otherwise the investment is silly. You’ll want to find properties which need repair but are structurally sound. Estimate the repair expenses, and then calculate the purchase price per square foot. Subtract this from the new construction price per square foot of similar homes in the area, and this difference needs to be at least double the estimated repair costs. When you repair the home, it will increase your equity in the home by double the amount.

Now, you have a way guaranteed to make you profit; you have a sure way to increase your equity. You can take this equity and trade it in an exchange as a down payment for a larger property with more units. Both residential and commercial investment properties need to work this way; sometimes, you can increase the equity by making the operations better, rather than physically repairing the home.

Property investment is really comprised of property investment and property speculation. The speculative type is often confused for the investment type. In order for an operation to be classified as an investment, safety and profit must both be assured beyond a reasonable doubt. Then, it can be precisely called an investment. Otherwise, the operation is a speculative one, not an investment.

Housing needs has always been of prime importance for entire life span of every individual. This major necessity in life intensifies as one approach the retirement stage. When your parents reach the age and the stage of life where they would be happier in senior housing you may be skeptical and a bit anxious to start the search. That’s because it is especially hard to think of your parents needing care from someone other than themselves. Also, seeing them move to another home and selling your childhood home can be stressful and sad. But, just imagine how your parents are feeling. They never thought the day would come that they wouldn’t be able to properly care for themselves or would need stair lifts to go up and down the stairs. We all know we are going to grow old one day, it’s just hard to accept sometimes when that day actually comes. So, as your parents reach this stage you need to be understanding, loving, and as caring as possible. Put their needs first and yours second. That way when you are looking for senior housing you will find the best home.

One thing to look for is wheelchair lifts if your parents are in wheelchairs or vertical lifts that will help them get around in their wheelchair. Many older individuals end up needing a wheelchair, walker, or cane at some point in their lives, which means stair lifts, vertical lifts, and wheelchair lifts are all important things to look for. You should also consider a home that is only one level so that your aging parents won’t need to go up and down stairs. It could be that they are able to walk fairly well now, but as they age going up and down stairs may be more difficult or they may end up in a wheelchair. As a result you should look for senior housing that fits your parents now, but that also fits them in the future should certain things happen. It really is difficult considering these types of things, but it must be done to ensure your parents end up in the best living arrangements possible.

The best senior housing is housing that works for your aging parents now as well as into the future. Consider whether or not there is personal care, maid services, meal service, and any other necessities your parents might need should the become unable to do them for themselves. When you consider these things you will surely be able to find the best housing for your senior parents and rest assured knowing they are taken care of.