When a landlord offers a property for lease and an individual submits an application to rent the property, the application is either…
Ask almost any successful person about the quickest, most efficient ways to build wealth and they’ll point you to real estate. Chances are, you know this and have thought about investing in real estate in the past – but something is holding you back.
Novice landlords often absorb the myth that any income earned from your rental properties is profit. If you’re realistic, though, there’s a lot more to the picture. Budgeting is a big part of it. The income you earn from each unit may partly qualify as profit, but a good percentage also goes back into the… [Read More]
House flipping is something every real estate investor has thought about trying at one point or another. It offers a chance for huge returns over a short period of time, but it can also prove to be costly if you don’t know what you’re doing when doing a house flip. In addition to picking the… [Read More]
As a seller, you’re obviously inclined to accept the highest-priced offer you can. In a competitive seller’s market, you might receive lots of offers at once, with some of them going well over your initial asking price. Even in a buyer’s market, with plenty of inventory to choose from, you may be forced to consider… [Read More]
If you’ve spent time watching HGTV or DIY Network, then you’re familiar with remodeling demolitions. In the Hollywood version, contractors grab sledgehammers and start ripping through drywall and cabinets. You’ll get an opportunity to put a sledgehammer through drywall in your own demolition, but the process isn’t quite as simple or careless as it looks.
When you live a quiet, comfortable life without much conflict or trouble, it’s easy to feel like the world is good and everything is fine. However, when you start to interact with people from all different walks of life, you’ll realize that not everyone has the same good intentions and peaceful mentality. Don’t let this… [Read More]
Building a house is a huge responsibility that comes with lots of pressure and decisions. While you have a team of people to handle the intricacies of the process – including an architect and builder – you have to think about the big picture and designing. The more strategically you think about your home’s design… [Read More]