If you binge-watch enough 30-minute TV episodes, or spend a substantial amount of time scrolling through Pinterest boards, you might eventually be tempted to buy a fixer-upper for your next home.
18 Sep
16 Sep
Buying a House: It’s Not For Everyone
Conventional wisdom says, “Buy a house! It’s the American Dream!” Indeed, millions have found this works for them over the years … but many have also had the opposite experience.
13 Sep
When Is It Appropriate to Make an Offer Over Asking Price on a Home?
For the most part, properties are priced at an amount slightly to moderately higher than the true value of the home. This is because most real estate agents and homeowners expect buyers to make a bid that is less than the “true” value of the home, allowing there to be some room for negotiation. It also increases the likelihood of someone paying the asking price, which results in higher profitability for the homeowner.
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11 Sep
What Does It Take to Flip a Property Successfully?
New property investors often gravitate toward the idea of property flipping, because it sounds very enticing. The idea is to buy a house that’s either in poor condition or is being offered at an extremely attractive price, fix it or improve it in some vital ways, and then sell the home again, sometimes mere months after buying it, for a profit.
It all sounds good on paper, but the realities of property flipping are much more complex.
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9 Sep
The 10 Phases of Selling a House
Selling a home for the first time can be nerve-wracking, especially if you’re looking to buy a new house and aren’t sure how the timing is going to work out. The process can get complicated, which is why it’s important to work with a selling agent (and possibly a lawyer), but the better you understand it, the better you’ll be able to manage the stress of selling a home.
28 Nov
7 Tasks You Should Do the Week Before Listing Your House
For those who have never done so, selling a house might look fairly simple. However, as you know, there’s a lot more to the process than just planting a sign in the yard and posting an online listing.
It can sometimes take weeks or even months of preparation before you’re ready to put a residence on the market. In most cases, that last week before listing is the most draining.
17 Sep
6 Projects to Take Care of Before Listing Your House
Most people find it fairly easy to make the decision to move. However, actually executing a move is a whole lot harder than it looks on paper. One of the more challenging aspects of the process is listing your house so that you can buy your next one. And if you want to get top dollar for it, there are a number of things you need to do prior to listing.
10 Sep
Understanding the Pros and Cons of Investing in Mobile Homes
When it comes to investing in real estate, there are plenty of options. You can buy single-family homes, multi-family homes, apartments, townhomes, condos, vacation rentals, commercial properties, even tiny houses! But there’s one unique, yet potentially lucrative option you probably haven’t considered: mobile home parks.
When most people think about mobile home parks, a lucrative investment isn’t typically the first thing that comes to mind. Because of the price point and stereotypes associated with mobile homes, it’s generally assumed that there’s no money to be made here. However, you should be wary of coming to this conclusion without first doing your research.
3 Sep
How to Stay Sane When Living in a Bigger Home
In the late-90’s and early-2000’s, the economy was rocking, the internet was booming, and money was flowing. As a new generation of homebuyers began accumulating wealth, a trend emerged and people started buying and building “McMansions” – larger than average homes with more square footage than the average family really needs.
Right around 2009 to 2010, there was a stark correction. Fueled in part by a crashing economy, a mindset shift occurred. People started to crave the idea of minimalism, simplicity, and small spaces. People who had previously owned 7,000-square-foot mansions were moving into moderately sized 2,500-square-foot homes and enjoying more focused lifestyles.
31 Aug
How to Start Learning About Investing in Real Estate
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.
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