One of the biggest fears that stops people from getting into real estate are the home repair and maintenance expenses that are often highlighted on HGTV and tenant horror stories. So how do you make the fear go away? Know What to Expect Have Cash Reserves In the beginning of your real estate investing journey, […]
If you want to get into rental property investing, you have to understand how financing works. Most people use conventional financing, so that is what we are going to be talking about today. Conventional financing is using a bank or financial institution as a lender. These lenders typically package up their mortgages and sell them […]
It’s easy to say you want to get into real estate, but it takes a lot more than that. You need to have an idea of what you’re doing, you need to go and shake hands, and you need to know how to find the best rental properties to buy in your area. There are […]
Conventional financing is by far the most popular method of financing in the real estate industry, but unfortunately, it doesn’t apply to everyone. Some people may have exceeded their loan limit, their debt-to-income ratio may not be good enough, they may not be able to afford a 20% down payments, the issues are endless. But […]
Negotiation is a powerful tool. People that can negotiate save a lot of money, and they can make a lot of money as well. Negotiating is one of the most important factors of real estate, and can be the difference between winning and losing in the industry. Don’t let this intimidate you, negotiating is something […]
It could work for any scenario. You needed a bigger house for the kids, you wanted a nice cash-flowing property, you wanted a property to fix-and-flip, whatever the reason is, you have to face the fact: You have to submit an offer, and there is a chance that the seller will reject it. But getting […]
Since when can a problem make you money? Well, ever since real estate existed. You can make money with a rental property in many ways, but one of the fastest ways to build value is to rehab a property. You don’t need a major rehab, it can be something quick. Here are 8 “problems” that […]
Using the MLS To Find Deals That Nobody Knows About | Rentals and Realtors The MLS (Multi-Listing Service) is a service that allows agents, brokers, wholesalers, and investors to screen their local markets and beyond for certain properties that match their criteria. Websites like Zillow and Loopnet have a few listings from the MLS, but […]
A turnkey property is a fully renovated home or buildings that can be purchased and immediately rented out. A turnkey home is typically purchased from a turnkey company, which specialized in the renovation of older properties. Turnkey real estate investing is ideal for people that are willing to give up potential returns in return for […]
How to Evaluate a Rental Property – The Basics “Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” -Marshall Field Real estate is one of, if not the best asset class you can invest in. It has turned many average joes into […]