Building Equity

You can't control when a buyer's market or a seller's market will appear, but the rule of thumb is simple: if the numbers make sense, pull the trigger. 🏡📈
Hey everyone, it's Sheraz with Suits Realty back with another video! Today, we're diving into how to build equity in your property. The tried and true method? Buy and hold. Purchase a property, hold it for the long term, and watch as it gains value over time. Historically, properties have appreciated, and you can sell later on when market conditions are favorable.
🔑 Key Points:
Buyer's Market vs. Seller's Market: A buyer's market has an excess supply of homes, giving you more choices and better deals. In a seller's market, the supply is low, and demand is high, leading to competitive offers.
Timing the Market: You can't control market conditions, so act when the numbers make sense.
Building Equity: Make improvements like a new roof, windows, siding, or adding features like a garage or patio. For multi-family properties, focus on increasing ROI by boosting rental income.
External Factors: Area improvements, school systems, crime rates, and laws can impact property value but are often out of your control.
Understanding these factors can help you make informed decisions and maximize your property's value.
If this video was helpful, please like, subscribe, and share. See you in the next one!
#RealEstate #PropertyInvestment #BuyAndHold #HomeEquity #MarketTrends #BuyersMarket #SellersMarket #RealEstateTips #PropertyValue #ROI #EquityBuilding #SuitsRealty #SherazAliRealtor