When you put in an offer for a home, you have the option to include contingencies. One of the most common contingencies is that the home passes an inspection and that an inspector doesn’t find any major issues. Unfortunately, some buyers, often in an effort to speed up the process, forgo an inspection. This isn’t a mistake you want to make…. [Read More]
Profit is the name of the game when it comes to investing in rental properties. You can’t let your emotions or design and style preferences get in the way. With that being said, many landlords end up with properties that are cheap, yet ugly. And while you don’t want to pour a ton of money into these properties, you do want to make sure they attract renters. Thankfully, there are some inexpensive and high-returning hacks you can try to give your property a little boost…. [Read More]
While we’re currently in the middle of fall, winter is coming. For many areas around the country, winter means extremely cold temperatures, lots of snow, and complications that simply aren’t present during the warmer months. As a landlord, this often leads to costly issues that require time, energy, and money to solve. By preparing ahead of time, you’ll eliminate some of these problems and make things easier on yourself this winter…. [Read More]
Tenant turnover is the bane of most landlords’ existence. When a tenant leaves, you’ll need to spend hours cleaning the place up, hundreds of dollars placing ads and trying to market the unit, and on top of that, you’ll be left without a stream of rental income for as long as it takes to find a replacement tenant. After two or three rounds of this, you may become frustrated to the point you question why you even became a landlord in the first place…. [Read More]
Winter seems like a time of year for avoiding real estate. Sellers are reluctant to list their homes and buyers hesitate to look.
Research supports the popular notion that spring is the best time to sell a home. That’s when you’ll get an influx of buyers seeking to purchase because it’s the end of a school year. But when is the best time to buy?
Many factors go into the answer to that question, not least your personal circumstances. Many buyers tend to look for houses in the spring and summer simply because it’s warmer and their personal situation is better suited for a move…. [Read More]
Preparing to buy your first home will give you a rush of excitement—and probably a rush of anxiety at the same time. You’ll have the opportunity to buy the home your family will love for years to come, and maybe even make a profit while you’re at it—but just because you’ve found a home that’s aesthetically appealing doesn’t mean you’ll be able to get it at the right price, or that you’ll get it at all…. [Read More]
When you enter the home buying process, you need a game plan. There’s something to be said for leaving your options open, but failing to plan is a major mistake. Not only could you miss out on finding your dream home, but you could also make a bad choice and end up purchasing a house that’s nothing more than a money pit…. [Read More]
When you’re a homeowner, you harbor a certain degree of bias toward your residence. If you’ve lived in it for a period of time, you regard it differently than other people would.
There are memories attached to your house … both good and bad. There are probably stylistic elements you like and others you don’t. Certain features are practical for you and others are not…. [Read More]
If you’re thinking of purchasing a rental property, it’s a good move to weigh all your options. A friend or expert might suggest going one route, but that’s not necessarily going to be the best choice for your situation.
If you have the ability to pay cash for a rental property, you should definitely consider that option. But in order to ascertain whether paying in cash or taking on a mortgage would make more sense, you’ll have to do some analysis…. [Read More]
The most successful investors like to extol the virtues of investing in real estate. This market is usually more stable and easier to predict than other popular options, and it’s easy to get started. Real estate is not exactly a get-rich-quick scheme, but you can generate a satisfying nest egg if you learn the tricks and stick with it…. [Read More]