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

6 06, 2022

5 Hidden Costs of Being a Landlord

2022-05-26T20:01:18-04:00June 6th, 2022|Categories: Investment Properties, Real Estate|Tags: , |

Can you afford to be a landlord? This guide outlines five hidden costs of being a landlord that could impact your decision. 5 Hidden Costs of Being a Landlord Landlords face a number of expenses that can add up quickly. These hidden costs may include: Property taxes Maintenance and repairs Insurance Advertising and marketing Legal fees Here's a closer look at each. Hidden Cost #1 of Being a Landlord: Property taxes One of the biggest expenses landlords face is property taxes. The amount you'll pay in property taxes will vary depending on the location and value of your property, but

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

27 05, 2022

5 Great Books for New Real Estate Investors

2022-05-26T18:54:26-04:00May 27th, 2022|Categories: Investing, Investment Properties, Real Estate|Tags: , , , , , , , |

As a new real estate investor - possibly one who's looking at hard money loans as an option - you're probably searching through all the resources you can find to help launch your business. Check out these five great books for new real estate investors that you may find useful. The Millionaire Real Estate Investor by Gary Keller The Automatic Millionaire by David Bach Your Money or Your Life by Vicki Robin and Joe Dominguez Rich Dad Poor Dad by Robert Kiyosaki The 4-Hour Work Week by Tim Ferriss Here's a closer look at each. Book #1 for New Real

22 05, 2022

South to See Highest Gains in Home Prices This Year. 3 Affordable Cities With Major Flip Potential

2022-04-28T00:34:23-04:00May 22nd, 2022|Categories: Flipping, Real Estate, Selling|Tags: , |

An article published in early March in Yahoo Finance reported that home prices are likely to continue to rise in the coming months.   Zillow expects that average U.S. home prices will rise over 14 percent this year, and cities in the South will see even higher gains. Although every region across the country saw higher home prices last year, according to the report, the South and Southeast experienced the highest increases with more than 25 percent each.   With volatile home prices, many potential homebuyers—especially those living on a fixed income—may feel that owning a home is becoming increasingly out

16 05, 2022

Home Sales in January Jump Nearly 7 Percent, Economy Slows. 4 Key Things to Know

2022-04-28T00:26:51-04:00May 16th, 2022|Categories: Potential Markets, Real Estate, Selling|Tags: , , |

A February article published in The Balance, a website that centers on personal finance, reported that home sales in January rose sharply even as the U.S. economy slowed down. Here are four highlights to know. January's Home Sales Increase Surprises Forecasters Home sales rose 6.7 percent in January—a sharp increase from a 3.8 percent decline the previous month, and the highest annualized sales pace in a year. The rise came at the surprise of market forecasters who had anticipated a decline, according to the National Association of Realtors. January Saw the Lowest Home Inventory in Decades Amid persistently-low home inventory and

1 05, 2022

Should You Hire an Inspector if You’re Selling a Fixed-Up Property?

2022-04-27T18:59:40-04:00May 1st, 2022|Categories: Real Estate, Selling|Tags: , , |

If you are an investor who fixes up properties to sell them, should you hire an inspector before you list a home for sale? This guide explains. Should You Hire an Inspector if You’re Selling a Fixed-Up Property? As an investor, you know how important it is to ensure that a property meets your needs before you purchase. It's the same with standard real estate buyers; they need to make sure there's nothing majorly wrong with a home before they pull the trigger on a purchase. Related: 3 huge mistakes many new REIs make Usually, buyers will send a home

27 04, 2022

Should You Invest in a Multifamily Property?

2022-04-27T18:52:03-04:00April 27th, 2022|Categories: Investment Properties, Real Estate|Tags: , , |

If you're like many investors, you're wondering whether investing in a multifamily property is worth it. This guide gives you some pros and cons so you can make the right decision. Should You Invest in a Multifamily Property? For many investors, multifamily properties are where it's at. However, these types of properties aren't right for everyone. If you're considering investing in a multifamily property, there are a couple of approaches you can take to this situation. You may choose to fix and flip the property to another investor, or you may choose to rent out one or more units in

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

22 03, 2022

What Are the Pros to Hard Money Loans?

2022-03-12T21:01:06-05:00March 22nd, 2022|Categories: Hard Money, Hard Money Loans, How To, Real Estate|Tags: , , , |

If you are a real estate investor considering taking out a hard money loan to purchase a property, you need to know that it may be a great choice for you. This guide explains the pros to hard money loans in clear, easy to understand terms so you can make the right decision. What Are the Pros to Hard Money Loans? Many investors feel that hard money loans are the perfect solution. That's because they offer: Flexible terms Convenience Built-in collateral  Here’s a closer look at each.  Hard Money Pro #1: Flexible Terms Hard money loans have very flexible terms.

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