2017
If you have decided that you want to jump into the residential property rental market, you want to make sure that you are making a solid investment that will pay off for you in the long-term. Here are three tips to keep in mind that will help you find success as you enter the residential property rental market.
#1 Always Go For The Discount
When purchasing a residential property for the purpose of renting it out, you should not be looking to pay above or at market value.…
Read More »
Earning a profit is the goal of investment property, so it makes sense to use it in a manner that will bring in the most money possible. Most properties are easily determined to be preferable as either a short or long term rental. The decision making begins when investors choose homes that could be a family home or a vacation rental. Waterfront property is a great example of this type of dilemma.…
Read More »
When it is time to buy a house, you need to make sure that you have everything in order. Many people go into buying a house not ready, and they find that the experience is overwhelming. But there are things you can do that will make your experience much better. You do not want to have any problems before you close on your home. Here are a few different things to consider that might streamline the home-buying process.…
Read More »
If you are a landlord, one of the most frustrating situations you’ll have to deal with is that of non-paying tenants. You need the rent money to cover your mortgage, taxes, and other expenses, but the renters have left you high and dry without a payment. While this situation is stressful, it’s important that you deal with it carefully. Here are some tips to help encourage your non-paying tenants to get the cash flowing again.…
Read More »
If you want to buy a vacation home for your family near the river you love to fish in, then it is important you understand this type of purchase has a few unique issues. Homes that are located next to lakes and rivers are subjected to seasonal flooding, higher insurance and mortgage costs, and can have a lot more pitfalls than other types of residential property. To help you successfully navigate these issues and make the best purchasing decision, follow these tips:…
Read More »
During your home-buying search, you may find a house you really love, but if the house needs some repairs, you may not know how to handle the negotiations. If you look at homes that are not brand-new, there is a good chance most of them will need some minor repairs and work. There are several ways to handle this when buying a home, and here are a few things to consider.…
Read More »
For a young couple or a single professional, one way to end up with high value real estate with a low budget is to choose an up and coming neighborhood. Often called gentrification, this is when a neighborhood that was on the decline is “rediscovered,” so that new residents, businesses, and services, as well as a whole neighborhood face lift, begin moving in. In many cases you can purchase a condo cheap at the beginning stages of the gentrification process, and then watch as it quickly increases in value as the neighborhood becomes more desirable.…
Read More »
Doing a bit of research can go a long way when it comes to making sure that you are getting the best home for you and your family, mostly because it can help you avoid a number of potential problems down the line. Listed below are two things to check out before making an offer on a property for sale.
Neighborhood Crime Rate
One of the first things that you will want to do before making an offer on a new home is to check out the neighborhood crime rate.…
Read More »
If you’re looking for a new home, open houses are a great ways to get a close up look at the possibilities. However, when you work full time, it can be grueling to schedule weekends full of home viewings. You can make the process easier, more fun, and more efficient if you integrate the following tips.
1. Work With a Real Estate Agent
Working with a real estate agent may be the easiest way forward.…
Read More »
Making the decision to invest in your first home can be exciting. Potential buyers are often drawn to the character and charm that older homes embody, but older properties could pose serious problems if you don’t take the time to inspect them properly.
To avoid putting in an offer on a home with serious electrical issues, here are two simple things that you should be looking for as you view properties with your realtor in the future:…
Read More »
