If you’ve never gone through the process of building a home before, then you’re about to experience a whirlwind of emotions. From excitement and anticipation to stress and anxiety, you’re going to feel pushed and pulled in a variety of directions at some point. Don’t let this scare you away, though. When the process comes to an end, you’ll be glad you did it…. [Read More]
Archives for March 2018
There’s a lot of money to be made in rental properties. If you’re savvy and know how to select good properties, you get the dual benefit of steady, monthly cash flow and an appreciating asset. But is remote landlording ever a good idea? And if you do venture into the world of long distance landlording, how can you make sure you have success?… [Read More]
As a landlord, you always want to have as many options as possible when you experience a vacancy. In fact, your ability to quickly fill an opening and mitigate the impact of turnover will, to a large degree, impact your profitability and return on investment.
While every rental isn’t conducive to military housing, many are. By shifting gears and focusing on military families, you can keep your properties rented and enjoy the stability of a steady stream of tenants…. [Read More]
Do you wonder what it would be like to live in a house for more than a few months at a time? Or do you wish you could settle in for more than a couple of years before having to move to another city or state? While it can often feel like you’re the only one, there are thousands of other families in your exact situation. These include military families, individuals climbing the corporate ladder, athletes, and regular blue-collar folks who have to move around to make a living.
If you talk with other people who frequently move, you’ll find that the happiest people are the ones who know how to turn temporary housing into a home. Want to know how they do it? Stick around and we’ll fill you in on their secrets…. [Read More]
Whether you’re buying a home for an investment or to live in for the rest of your life, it’s crucial to buy something that will last. As you walk through open houses and home showings it can be too easy to let your emotions rule: You might love the grand staircase in the entryway or the crown molding throughout the space.
Although such features may help the resale value, you can’t let such details cloud your judgment. Sometimes, the beautiful staircase operates as misdirection from the sloping floor, and the crown molding seeks to mask the cracks in the walls…. [Read More]
Buyers, sellers, investors, and landlords should be well versed in the top real-estate trends if they want to stay competitive. Every year, we see new trends that shape this market.
Although these shifts rarely happen immediately on New Years Day, if you’re aware of them at the changing of the calendar, you can develop goals to spur a strong investment year in real estate…. [Read More]
You’ve made an offer on your home. The sellers have tentatively accepted. At that moment, everything seems like it’s pretty much set and your path to becoming a homeowner has effectively been cleared. Hopefully, you know there are a few steps left in the process, including an important one: you need to run a home inspection.
Technically, you don’t “need” to do a home inspection; there’s no law or rule saying you must. However, once the sale of the home is final, it’s final, which means the home inspection is your last chance to ensure that the property isn’t hiding any structural deficiencies or unpleasantness that could compromise the quality of your investment…. [Read More]
No matter what your goals are in selling a home—whether you’re trying to fetch the best possible price, or are merely trying to unload the house as fast as possible—you need to make your home appealing to prospective buyers. There are many ways to do this, from making renovations and additions to your home (in an attempt to objectively increase its value) to “staging” the home with last-minute strategies designed to make the home more welcoming or subjectively pleasing…. [Read More]
You’re probably already familiar with the classic “snowball” effect. A snowball, rolling downhill, will accumulate snow around its exterior, and grow larger. The effect continues, but the larger total area of the snowball means even more snow is accumulated. The snowball rolls faster and faster, picking up snow at a faster rate, until it reaches massive proportions.
There’s a strategy you can apply to real estate investing that gives you access to the same kind of exponential return; once you build momentum, and choose your direction, you should be able to accumulate more and more revenue, eventually establishing you with independent wealth and a wide portfolio of different properties in your possession…. [Read More]
Seasoned renters know that unpleasant sensation when you walk into a rental property and see bright, clashing colors throughout the space. In some rooms, it can be overlooked, but a bright teal in the master bedroom could make it a challenge to sleep at night.
Without a promise that the rooms may be repainted, some of us would have left such a property without a second thought. “Color wields enormous sway over our attitudes and emotions,” declares Internet marketing guru Neil Patel…. [Read More]