Make Money Selling A Giant Taco Shapped House

By Author: Miachel Tang
Total Articles: 35
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Finding the right Real Estate Niche is the key to making lots of money. You might be reading this thinking we are complete idiots but since your still reading why not finish hearing what we have to say (technically reading still but owe well). Using Niche Real Estate investment oppurtunities you basically choose an isolated sector within the real estate market and focus on that, for example properties specifically design for men or women, a property owned by celebrities, or a house shaped like a Giant Taco, believe it or not there is always someone out there looking to buy unique and different properties, the key is just finding them.

A niche is specialized sector of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses and luxury homes.These are often categories in which potential buyers think about the property they seek. They are also used by real estate marketing companies to reach these types of buyer. In this context a niche describes a specific segment of home buyers and sellers, classified ...
... by ethnicity, nationality or socio-economic group (eg social housing or luxury real estate).

The owner/user, owner, and renter comprise the demand side of the market, while the developers and renovators comprise the supply side. In order to apply simple supply and demand analysis to real estate markets a number of modifications need to be made to standard microeconomic assumptions and procedures. In particular, the unique characteristics of the real estate market must be accommodated.

Durability - Real estate is durable. A building can last for decades or even centuries, and the land underneath it is practically indestructible. Because of this, real estate markets are modeled as a stock/flow market. About 98% of supply consists of the stock of existing houses, while about 2% consists of the flow of new development.

The stock of real estate supply in any period is determined by the existing stock in the previous period, the rate of deterioration of the existing stock, the rate of renovation of the existing stock, and the flow of new development in the current period. The effect of real estate market adjustments tend to be mitigated by the relatively large stock of existing buildings.