Los Angeles and Celebrity Homes

Everyone knows that Hollywood is the home of many rich and famous actors and actresses.  Some come from a long line of famous families while others have achieved super stardom from more humble beginnings.  It hasn’t taken them long though to become accustomed to the limelight that goes with super star profiles.  Besides super-fast luxury sports cars, private jets and yachts, when these stars have their feet on mother earth and choose the homes they live in – they do it with epic style all around the world where the magic word is “location, location, location”.

The Luxury Bel Air Pad of Mariah Carey and Nick Cannon

This stunning home situated in the picturesque Bel Air is reminiscent of an old colonial style country cottage except that it is over 11000 square feet.  With white wooden slats and grey roof tiles with the grey being echoed in the window shutters leading to the red front door, it speaks of well-worn style and old money. The interior however is in complete contrast to the grand old world external facade. The inner home is vast, containing six fireplaces, seven bedrooms and nine bathrooms. 

Buying to let-properties can be your start to a promising future and financial growth. The major players in this line of business say that there is no other business out there, which gives returns within a short time like property. If you are looking for something to give you a steady flow of income without too many hassles, you will never go wrong with the property business. For those who are still struggling about what to invest on, here are some reasons why investing in property, is beneficial:

1. You are your own boss

If you are considering going into employment or investing in property, the latter is better in all aspects. It makes you your own boss. You decide on the property you want to invest in, the target tenants and the rental rates. With this type of investment, you can forget the nagging boss, the unending office assignments, and the low pay. To understand this in the best way possible, look at the property business as a system. It generates money even when you are asleep and you decide on what to do with the returns. Who would resist such an idea? Certainly, this is incomparable to stock or mutual funds, because these too require the company to manage the money on your behalf.

We have heard of investors who have ended up making losses because they made the wrong choice of property. A good investment property must give you returns in good time. This only happens if it is better placed and it is well suited for the target market. Although these are some of the factors that will determine the success of your investment, other factors also play a role in making a profitable investment. If you choose right, you will be rewarded with high returns in terms of capital growth as well as rental income. 

Here are few major considerations to make before purchasing a property:

1. Location of the property

When the time comes when you want to take out a warranty on your home, there is a checklist you should have in mind when vetting the warranty companies you may be interested in. Otherwise, how else would you know whether a particular home warranties company is or isn’t a good fit for you? 

1. Do you trust the company?

In the end, you want to work with people you trust so you should consider whether or not you trust that particular company. How long have they been in business? A company with a solid period of operation (say 15 years), is much more experienced and so you would be more confident in working with them as opposed to working with a company that is barely a year old.