If you are in the real estate investing business long enough eventually you will face a business crisis. Your tenant may cause damage to a rental property, a deal maybe lost at the 11th hour or a rehab may have unexpected issues. How you act when these present themselves will not only determine the immediate problem but will […]
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Flipping Houses: 4 Fall Hazards to Avoid
Flipping houses isn’t easy to begin with, but it only gets harder if you wait until the fall to start your major renovations. While you can still turn around that real estate investment for a profit, there are some seasonal hazards that you should watch out for. Here are a few: Cold Weather. Depending on the […]
Buying Or Selling Real Estate After It Is Conveyed
More often than not, real estate transactions can get tricky, especially if you’re purchasing a property where the previous owner has passed away. Conveying ownership in this scenario can tack on several months to the process and engulf your business if you let it. On the flip side many prospective buyers know this and are […]
Rehabbing Properties: Updating Historic Houses
If you’re rehabbing properties in areas like Connecticut or San Diego, you’ll often come across historic homes that could be quick sells with a little remodeling. While these old houses aren’t exactly known for their creature comforts, spending some money here and there to bring their technology into the 21st century can net you big […]
Who Pays the Real Estate Commissions?
In a typical listing agreement, instructions are defined in writing for how both Listing Agent and Buyer’s Agent receive their commission at the Close of Escrow. Industry Standard suggest the Listing Agent receives about 3.5% in a normal transaction while the Buyer’s Agent receives about 2.5%. Does that mean the seller or the buyer pays […]
Flipping Houses: Those Leaky Pipes
If you’re into rehabbing properties, you’ll eventually come across a real estate investment whose plumbing needs a little TLC. While major work should be left to the professionals, fixing a few leaky pipes yourself is easier than it looks, and it’s a great way to pull your property value out of the basement. Here are […]
Landlording Tips
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property is easy. You buy a property, find some tenants […]
What Is Your Investing Niche?
Regardless if you close a deal a month or a handful a year it is important to have a specific investing niche. Many investors think that being a jack of all trades and investing in numerous different areas of the business is a hidden key to a strong portfolio. While this is true over time […]
Top 7 Benefits Of Owning A Rental Property
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently available […]
Real Estate Companies Or Individual Agents?
When it comes to buying a home or selling a house, what’s more important; the individual agent you hire or the real estate companies they work for? For those that haven’t bought or sold many homes, and even for some investors that have been in the business for a little while, this can be confusing. In many […]