16 06, 2022

What is a Turnkey Rental Property?

2022-05-26T20:21:52-04:00June 16th, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , |

A turnkey rental property is one that is ready to be rented out as soon as you purchase it. The term "turnkey" comes from the fact that all you have to do is turn the key in the door and tenants will start moving in. It's a great option for investors who want to get started in real estate with minimal hassle. What is a Turnkey Rental Property? Turnkey properties are those that are in great shape – and sometimes, they’re even fully furnished. This can be a great perk for tenants, who can move in and start living right

11 06, 2022

Passive Real Estate Investing, Explained (With Pros and Cons)

2022-05-26T20:08:28-04:00June 11th, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , , |

Passive real estate investing is a type of investment in which the investor does not actively manage their property holdings. This type of investing has become increasingly popular in recent years, as investors have sought to reduce the amount of time and effort they spend on their investments. Passive real estate investing can be done in a number of ways, including through rental properties, real estate investment trusts (REITs), and peer-to-peer (P2P) lending. There are a number of benefits to passive real estate investing, including the potential for high returns, the ability to diversify one's portfolio, and the potentially hands-off

1 06, 2022

Should You Buy a Fixer-Upper and Turn it Into an Airbnb?

2022-05-26T19:04:25-04:00June 1st, 2022|Categories: Investing, Investment, Investment Properties, Real Estate|Tags: , |

For many investors, a great strategy is to buy a fixer-upper, put in the work, and then rent the property out as a short-term rental using a service such as Airbnb. But could that be a good plan for you? This guide explains. Should You Buy a Fixer-Upper and Turn it Into an Airbnb? Buying a fixer-upper is a great idea, especially if you have: the time to put into fixing it up the money for repairs and renovations the patience to see the project through from start to finish If you do buy a fixer-upper and get it ready

22 04, 2022

3 Big Mistakes New Real Estate Investors Make (and How to Avoid Them)

2022-04-01T02:49:08-04:00April 22nd, 2022|Categories: Investment, Investment Properties, Investments, Real Estate|Tags: , , |

If you are a new real estate investor, these are the three huge mistakes you need to avoid to keep your business profitable. 3 Big Mistakes New Real Estate Investors Make (and How to Avoid Them) Check out the three biggest mistakes new investors make: Paying too much Failing to have a great team in place Buying in the wrong location Here’s a closer look at each. New REI Mistake #1: Paying Too Much Overpaying for an investment property is the single biggest mistake you can make because it cuts into your profits. When you purchase an investment property, you

16 04, 2022

3 Surefire Ways to Spot a Distressed Property

2022-04-01T02:45:51-04:00April 16th, 2022|Categories: Investment, Investment Properties, Investments|Tags: , , |

As a real estate investor, it's in your best interest to keep your eyes open for distressed properties. Here are three ways to spot one. 3 Surefire Ways to Spot a Distressed Property If you are like most investors, you're always on the lookout for a great opportunity. Check out these three surefire ways to spot a distressed property: Check property tax records Network with probate lawyers Cruise around town Here's a closer look at each. Tip #1 for Spotting Distressed Properties: Check Property Tax Records Property tax records are generally public information, and you can usually find them on

11 04, 2022

Are Short-Term Rentals Profitable?

2022-04-01T02:41:31-04:00April 11th, 2022|Categories: Investment, Investment Properties, Investments|Tags: , , |

If you're a real estate investor who's having a tough time filling a property, should you look at the short term rental market? here's what you need to know. Are Short-Term Rentals Profitable? Short term rentals can be profitable, but they're not a permanent solution for many investors. However, in some areas, it does make sense to use a property for short term rentals only. For example, if the property is in an exciting vacation destination, a metropolitan area, or near a big attraction, it may make sense to rent it out one week (or one weekend) at a time.

6 04, 2022

Who Do You Need on Your Investment Dream Team?

2022-04-01T02:35:20-04:00April 6th, 2022|Categories: Investment, Investment Properties, Investments|Tags: , , , , |

If you're getting into real estate investing, you know that you need a dream team. But who should be on it? This guide explains. Who Do You Need on Your Investment Dream Team? As a new real estate investor, you'll probably read multiple sources that say you need a “dream team.” these are the members you need to get a good start: Lender Real estate agent Property manager General contractor Accountant Here’s a closer look at each. Dream Team Member #1: A Reliable Lender Every investor needs a good source of funding, so it's a good idea to get to

1 04, 2022

Should You Invest in a Multifamily Property?

2022-04-01T02:30:53-04:00April 1st, 2022|Categories: Investment, Investment Properties, Investments|Tags: , , |

If you're like many investors, you've considered purchasing a multifamily property. But is it right for you? Should You Invest in a Multifamily Property? Many investors wonder whether they should invest in a multifamily property or a single-family home. Although there's no one size fits all answer, a multifamily property may be the right choice for you. These types of properties often carry several advantages, including: More income Scalability Lower risk Here’s a closer look at each. Benefit #1 of Owning a Multifamily Property: More Income A multifamily property has the potential to let you bring in two, three, four

27 03, 2022

What Are the Requirements for a Hard Money Loan?

2022-03-12T21:04:32-05:00March 27th, 2022|Categories: Hard Money, Hard Money Loans, Investing, Investment, Investment Properties, Investments|Tags: , , , , |

If you are an investor who needs to borrow hard money, and you've never done it before, you're most likely wondering what the requirements are to take out this type of a loan. This guide explains the requirements for a hard money loan so you understand the basics before you get in touch with the lender. What Are the Requirements for a Hard Money Loan?  First things first: a hard money loan is a short term loan that typically offers a higher interest rate than a conventional mortgage would. Many investors use these types of loans to purchase properties at

16 03, 2022

Are There Downsides to Hard Money Loans?

2022-03-12T20:57:11-05:00March 16th, 2022|Categories: Hard Money, Hard Money Loans, Investing, Investment, Loan|Tags: |

If you are like many people, you've heard of hard money loans before – but what are they, and are there any downsides to using one? This guide explains whether there are downsides to hard money loans and what you should be aware of if you're considering borrowing with one. Are There Downsides to Hard Money Loans? Generally, the downsides to hard money loans are only downsides for people who aren't real estate investors. They include the costs associated with borrowing hard money, as well as the shorter repayment period. Here is a closer look at each. Costs of Hard

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