Your investment income comes from rent money you collect from your tenants. Until your mortgage is paid off, you aren’t technically making…
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Have you heard of the tiny house phenomenon? It’s about living small, but it’s becoming a big trend. While the average house size in the United States is around 2400 square feet, tiny houses are generally 600 square feet or smaller. Some tiny house dwellers have downsized as far as 100 square feet. Does this… [Read More]
Deciding whether or not to remodel can pose a huge dilemma for property owners who want to sell. On the one hand, renovations don’t provide great returns. On the other, buyers will be less likely to offer on homes that look shabby or need maintenance. When you’re stuck between a rock and a hard place,… [Read More]
When selling a home, the open house is one of the most important parts of the process. And whether you’re selling the home on your own or using an agent, it’s critical that you’re involved. Unfortunately, many agents and sellers blow this opportunity to attract leads and motivate buyers. Don’t let that be the case… [Read More]
Some of the biggest mistakes made in real estate happen during the negotiation process. Sometimes, the buyer is too stubborn and the seller caves too easily, or sometimes the seller is too stubborn and loses the buyer completely. The housing market is better than it’s been in years, but you don’t want to take any… [Read More]
For sellers (and first-time sellers in particular) home inspections can be frightening. What will the inspector find? What impact will a potential defect have on the sale price? Will the seller back out? Am I being treated fairly? These are questions everyone asks, so you shouldn’t be alarmed.
Real estate investments can be highly lucrative or total flops. It all depends on the housing market and your ability to track it. It’s important to keep a close eye on the trends and activity over the last several years if you want an accurate depiction of how the market is performing.
Under most circumstances, a home purchase is the single biggest transaction you will make in your lifetime. It involves lots of money changing hands, piles of paperwork and legal documents, and plenty of negotiation.
As the real estate market has picked up, especially over the past 12 months, some sellers have automatically assumed their property will sell within days of going on the market. This might be the case in certain markets, but you can’t afford to take it for granted. Particularly if you commit certain mistakes, you can… [Read More]
One of the most common reasons that people move from an apartment to a home is the arrival of children, but young parents often aren’t in a position to buy a home, so they turn to rentals. This can be great news for landlords, but it can mean a change in tactics. To rent to… [Read More]
When it’s time to let go of your investment property, you want to make a fast sale but get your money’s worth. Closing a speedy real estate sale that also turns a profit doesn’t have to be a distant dream. You just need to know the secrets to selling a home quickly. Try some of… [Read More]