Can You Earn a Reasonable Return on Real Estate without Debt ?

Question:
Can you earn a reasonable return on real estate without debt?

Answer:
Yes you can. But you need to be proactive and not wait for the opportunity rather find it.

That is what I did recently. I searched out a development, entered into negotiations with the developer before permits where in place for the project and negotiated a price that I expect will generate an annual 12% ROI. Not only that, but I secured pricing that makes it possible to purchase without debt and given that a few of us have joined together in a partnership it has become an exceptionally affordable investment.

But it must be risky, you are thinking. Not at all. We entered into an in-Trust purchase agreement, meaning our biggest risk is the project not proceeding (e.g. permit issues) and us receiving our money back (per the contract) eleven months after we advanced our $500 deposit.

If you are interested in learning more, let me know via email.

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World Quran Recitation List

Stay tuned, we are crowd sourcing a list of Quran recitations from around the world. Please contribute here: https://docs.google.com/forms/d/e/1FAIpQLSciC5ty7vtUEdA4UPNFlrwdYWGElhDBGUSm8zN7UQ-Ason49Q/viewform?usp=sf_link The list will be shared starting Ramadan 2022 and each Jumah through the month.

Student Loans, a % of earnings in a risk sharing agreement

The article below speaks to how some US Universities are extending to students a risk sharing loan program as an alternative to interest bearing student loans. The structure is Islamic, more so than many of the "sharia compliant bonds". The concept is a pure risk sharing model and a great foundation for a true Islamic loan. "Fair" is paramount in Islamic finance, so expect a degree of variance in loan programs as some unscrupulous lender looks to take advantage of a students. As a community, would not a fund developed to finance student fees based on a similar model be beneficial to our local Umahs? Source: https://www.bnnbloomberg.ca/businessweek/u-s-college-grads-sell-stakes-in-themselves-to-wall-street-1.1241543 U.S. college grads sell stakes in themselves to Wall Street Claire Boston , Bloomberg News Amy Wroblewski , Maura Friedman for Bloomberg Businessweek (Bloomberg Businessweek) -...

Ramadan is a time of REFLECTION ... "REFLECT on what you can do this Ramadan and this year to further Islam through your own actions." Halal Jihadist It could be something as simple as learning about what constitutes halal meat (hint: it includes animal welfare) and changing your purchasing behaviour, thus forcing suppliers to raise and slaughter animals in a human and ethical manner. <><><><><><><><><><><><><><><> "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed it is the one thing that ever has" Margaret Mead

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