Answers - Real Estate

Buying real estate intelligently requires a person to separate the emotional aspect of buying a home from the business aspect required to make money immediately. You can only make money i

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

n real estate by purchasing property meeting one or all of the following conditions:

1. Purchasing the property significantly below market value (instant equity).

2. Purchasing an income

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

producing property like a duplex (income stream).

3. Purchasing a fixer-upper property with as little out-of-pocket cash as possible, repairing it and reselling it for more than you paid

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

or it. Or, renting the property at higher rates due to improvements made.

Many people make the mistake of buying a property at or very near the appraisal price with hopeful expectation t

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

e property will increase in value over time. With average appreciation around 5% per year it’s a slow way to make a buck and obviously a risky proposition to automatically assume a proper

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

y will increase in value. This is especially true when you factor in the costs of taxes, insurance, interest charges and maintenance issues over time, which can be subtracted directly from

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

whatever “appreciation” the property may have. For example, if you buy a $100,000.00 property, which appreciates to $105,000.00 after a year, subtract the mortgage INTEREST payments, taxe

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

, insurance, repairs and maintenance from the bottom line and you will find that the project is not as profitable as you thought. Let’s say your taxes were $1,200.00 and first year insur

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

nce premiums were $750.00 plus $500.00 in Maintenance and repairs (a low figure), your out of pocket expenses are $2,450.00 just to hold the property. So the real net gain is $5,000.00 l

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ss $2,450.00 = $2,550.00. That’s not much money when you consider the loss of the present value of dollars used in down payments and mortgage closing costs you paid to get the home loan.

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

In fact, the first year you will probably break even or lose money unless there is a massive upswing in value. Keep in mind we are not considering the cost of your time and hassles to buy

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

the property, moving, etc. These cost, whether fixed or variable, mixed or hidden, all take-away-from whatever appreciation you think you gained.

Most people fail to understand that mort

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

age interest, insurance and taxes add no value to a home, they just suck money out of your pocket over time.

Real estate is like the stock market, your objective is to “buy low and sell h

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

gh” and that is where some people miss the boat, they buy to close to the market or appraised value.

Many people spend too much money on these costs of owning real estate and don’t really

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

understand how much they are spending to own the property. In other words, they don’t fully understand the accounting aspect of the project. They see the purchase price and the selling p

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

ice but they don’t see the costs sandwiched between one event and the other. Many people are not aware how little of the monthly house payment is actually applied toward the principal. Th

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

bulk of the mortgage payments for the first 5 years are toward interest.

The best property to make money on will be a bad home in a good market that could be purchased far below market v

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

lue of the surrounding homes, fixed up, and sold or rented for an income stream. Obviously, the intention when you rent is to have your tenant pay for the mortgage payment, interest, taxe

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

and insurance with positive cash flow each month set aside for repairs.

The truth is, a residential home is a money pit for most people for many of the reasons set forth above. Things y

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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The cost of Life Insurance is going up for smokers and those of us who are overweight. This article explains who is affected.

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Answers - Sure Fire Ways To Make Money On Real Estate... Things Real Estate Agents Won't Tell You...

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