Nobody becomes a landlord thinking, “I sure wish I had something else on my plate right now.” No … in most cases, people invest in rental properties with the dream of generating passive streams of income that require little work or effort.
20 Sep
18 Sep
8 Reasons You Probably Aren’t Cut Out to Buy a Fixer-Upper
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.
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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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.
5 Sep
How to Transition from a 9-to-5 Job to Full-Time Real Estate Investing
If you’ve ever dreamed of living a life where you don’t have to report to a boss and punch a time clock, real estate investing could be the answer. Over the years, hundreds of thousands of people have discovered financial freedom and built wealth by ditching their day jobs and investing in real estate full-time. Could you do the same?
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.
6 Aug
7 Tips to Help You Get Over Your Fear of Real Estate Investing
The ROI of real estate investing is well known. In fact, you’ll be hard pressed to find any investment vehicle that delivers a higher return than real estate over a three-, five-, or ten-year period.
So, why do so many people with the means to invest in real estate never give it a go? Contrary to popular belief, it’s not laziness or complacency. In most cases, a failure to invest has more to do with fear than anything else.
8 Jun
The 10 Improvements Tenants Want Most (and Why You Should Make Them)
Once you buy a property, there are a few things you won’t be able to change (or change easily). You can’t change the location of the property, or improve the school district, or reduce the crime rates. But there are many updates you can make to the property—sometimes exceedingly simple ones—that will attract more tenants and keep them happier over the next several months and years…. [Read More]
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