Real Estate Investment in Dubai

The key is to ask copiousness of open ended questions of either the seller or his agent and to not accept a simple "yes" or "no" answer. If you ask an open ended question and get a yes/no answer, your direct reaction should be to follow up with additional open ended questions! Perceptibly, if you keep getting yes/no's to your questions, it may be time to find a more supportive and solemn seller.

Some of the leading questions smart real estate investors use include:

• What can you tell me about this portion of property?
• What makes this particular property a good investment?
• What is it like trade with the city?
• Tell me about your tenants … neighbors … city, etc.
• What can you do to help me get into this property?
• What financing are you willing to carry?
• What are your neighbors like? Or "how easy are the adjacent property owners to deal with?
• How speedily do you need to close? Why?
• Why are you selling the property … now?
• What is the existing financing? How can it be assumed?
• What are the down payment requirements?