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Underwater Loans In The U.S.


wealthymattersMore than nine million homes in the United States alone are deeply underwater as of Dec 2013. Homeowners living all across the country find that they cannot depend on their homes to retain the value given when originally purchased. Many Americans blame this trend on the recession that left millions of people out of work and thousands of U.S. companies closing. As the housing market fluctuates, it causes changes in the value of various homes.

An underwater mortgage is essentially a home that is worth less than the loan on the home. A mortgage is a natural part of buying a home today. Various lending programs let future homeowners make a small down payment and borrow money to pay for the rest of the balance. Some lenders also give borrowers the right to roll the down payment into the loan itself and pay little to buy the home. Other loans allow borrowers to borrow a larger amount that they need to cover the cost of repairs to the property, new furniture or closing costs. Read more of this post

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The NCR Property Market


wealthymattersUrban areas in and around Delhi account for a stunning 40% of unsold real estate in India’s top eight cities.The NCR has a total of 303.48 million sq ft (or about 303,000 apartments) of unsold real estate.At the current pace of sales, this stock of housing requires another 53 months to be completely sold off. In comparison, for the Mumbai region, the figure is about 48 months, while it is the lowest for Bangalore at 19 months. For the top eight cities combined, the 765 million sq ft of unsold space will require at least 35 months to be sold.

But it’s not just the size of the unsold `inventory’ that makes Delhi the worst off among the real estate markets of larger cities. 56% of the unsold real estate in NCR is in areas which are currently uninhabitable. In other words, while the apartments have come up, the other essential infrastructure -roads, sewage systems, or water connections -have not.In comparison, the Mumbai Metropolitan Region (MMR) has 168 million sq ft (168,000 apartments) and Bangalore has 113 million sq ft (113,000 apartments) of unsold space of which just 2% of the inventory is in undeveloped areas in each region. Read more of this post

Social Media Assets


wealthymattersDespite Hrithik Roshan’s new release Bang Bang proving a super hit, consumer goods firm Emami, which signed Roshan for HE men’s deodorants this summer, is looking for a new face for social media.Hrithik has a huge mass connect on traditional media. But with different audience logging on to social media,¬†Emami may rope in a new face only for social media.

With social media emerging as one of the most popular hangouts for Indians, brand endorsement deals in the country are getting hugely influenced by how active celebrities are on Twitter, Facebook, Instagram and blogs.

Celebrities who engage actively on the social media space are getting paid at least 25%-30% higher than those who don’t, even if the latter have huge mass connect according to¬†Vinita Bangard, promoter of talent management firm Krossover Entertainment, which represents Priyanka Chopra and Shah Rukh Khan.The socially active ones have a clear edge not only in terms of higher fees but also in getting more endorsement deals.

Priyanka Chopra, with over 7 million followers on Twitter, is a hot favourite, along with stars like Amitabh Bachchan, Shah Rukh Khan, Aamir Khan and Salman Khan who all have more than 8 million followers. Read more of this post

Purchasing Passive Income


WealthymattersIf you have ever wondered how to purchase passive income, here is a story told by Matthew Duckworth:

“I have a friend who sold his first company in Texas when he was in his early 20′s for about $15 million. Since then, all he does is invest in passive cash flow situations… oil & gas, real estate and a few start-ups. No stocks. No bonds. Just private investments that create cashflow.

He has a small team of people he works with that scour the earth to find private investment deals that will generate a return over 20%/yr and he’s actually done better than his target. My partner and I have very much the same process.

With small investment deals, its actually kinda easy to get this kind of return. The problem is finding enough deal flow and having a real understanding (aka Charlie Munger’s “Circle of Competence”) to eliminate most of the risk. That’s the hard part. Read more of this post

Real Estate Returns From Cities


Real Estate Returns From Cities

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