By taking a house and turning it into a short-term vacation rental, you have the potential to make a serious amount of money. And no, the home doesn’t need to be on a private island in the Caribbean, or be the most luxurious cabin in Aspen. Short-term vacation rentals are so profitable because they compete with […]
Is House Flipping Illegal? If You’re Planning to Flip Houses in Real Estate, You’ll Want to Read This Article. If You Do it Legally, it’s Legal. If You Do it Illegally, Then it’s Illegal
Is Flipping Real Estate Illegal? Many people wonder…is real estate flipping illegal? Newbies often want the answer to this question, as well as experts. Flipping real estate brings up a lot of questions concerning legality. There are many myths. Keep in mind that this article does not provide legal advice, and you should talk to […]
Should You Pay Off the Mortgage Loan on an Investment Property Early? The Answer Isn’t So Black and White. Here’s When You Should (And Shouldn’t) Pay The Mortgage Off Early
Is it ever smart financially to pay off the bank loan on one of your investment properties or rentals, quickly? Should you do a fifteen-year loan, or a 30-year amortized loan? What should your goals be? To own your properties outright, or with a loan? Furthermore, should you pay straight cash for long-term holds? These are […]
Should You Ever Invest in a Foreclosure Property? When is it a Good Idea? When is it a Bad Idea? Here’s How to Know When Buying a Foreclosure Property is Wise, and When it is Foolish
If your goal is to purchase the property as a primary residence, buying a foreclosure property might be a good idea. If you’re an investor, however, purchasing a foreclosure property might not be the best venture to embark on. Should You Buy a Foreclosure? Buying a foreclosure is often declared as a way for both owner-occupants […]
Only 40% Of Real Estate Agreements End in a Closing. Here’s How You Can Make Sure You’re Not a Part of the 60% That Don’t
Many investors don’t negotiate properly in real estate. Actually, only forty-percent of real estate agreements have ended with a successful closing. Now, this may be surprising. So, why is this? Well, this is because most sellers and buyers are not negotiating correctly. The general assumption is that you come out better than the other party, […]
Should You Invest in The Projects? There Can Be Many Advantages to Investing in a Section 8 Property, But There Also Can Be Pitfalls.
Can you make money as a real estate investor by investing in the projects? What constitutes the word “projects?” You generally have an idea of what you think it is; parts of the area that have very low property value, are vacant or completely boarded up, an areas that have frightening crime rates. So, can […]
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