Real Estate Blog
Basics of Financial Literacy: Budgeting
It is a shame that most countries’ education systems do not include financial literacy as part of their curriculum, because it is a very useful set of principles that will benefit people regardless of their age, gender, and social status. And it is not even that hard – you can start simple: with budgeting. And you can start with budgeting by just plunging right in.
Real Estate Crowd-funding
Crowd-funding—is not something unheard of. It is a place where new startups or entrepreneurs turn to in order to source capital. Crowd-funding can be labeled as a platform where general public can buy off their share of the pie by investing money at their own discretion. The funding can vary in magnitude, but it has been declared legal by the government of United States of America. In the past crown-funding campaigns were only limited to startups and other fancy projects that caught the masses’ eyes. But things have changed. Now, crowd-funding has also tapped the real estate market and many people are buying real estate by concentrating their funds into a pool and owing rights to a share in the profit. Real estate investment crowd-funding is also called peer-to-peer crowd-funding. This helps the investors to bypass the banks altogether. This is also a good platform for people who are trying out as investors in the real estate market. These funding can prove to be a practice ground for them, as there is less money involved.
Disadvantages of Contract for a deed
A Contract for a deed is also referred to as ‘land contract’, ‘bone for deed’ or ‘installment land contract’. A contract for a deed means a transaction in which the seller of the property finances the sale of the property. The buyer pays a regular amount of money in monthly installments. The seller retains the legal title of the property until complete payment is done by the buyer or the contract is fulfilled. The buyer takes instant possession of the property by paying a small amount of down payment. If the buyer fails is not able to fulfill the terms of the property then the seller has the right to repossess. And once the seller repossesses the property he or she has to repay the purchaser with a reasonable sum for lease and also for the reasonable value for enhancements to the house.
Active Real Estate Investing Explained (DIY)– Part 1
This type of real estate investing involves a hands-on approach. It requires (at least basic) prior knowledge and managerial capabilities.
You can work as an active real estate investor full-time or part-time. The amount of time you dedicate to it depends upon the number of projects at hand.
Active real estate investing is done either on a shared or self-owned basis. The duties involving this type of investing is shared by the owners. Since they have to work on their own, some financial and management experience is a must.
Six Major Advantages of Commercial Space over Residential Property
Real estate has become a popular investment because it is secure and offers great returns. Investing in both commercial real estate and residential property can help increase your portfolio. However, there is much difference between commercial and residential real estate which may take time to understand each. While residential property investment might seem better for some investors, most investors prefer investing in the commercial real estate. The great feeling of being a residential landlord can be very much enticing. However, commercial space has more advantages over residential property. The major challenge in commercial property is getting the right tenant. Once you get the tenant for your space, you enjoy many benefits that a residential property investor can’t get.
Top Six Proven Real Estate Lead Generation Sources
In the real estate market, it’s important to maintain a healthy pipeline of leads. However, the state of real estate lead generation is constantly evolving and therefore you need to identify the best lead generation sources that are effective. The sources that brought leads last year might not be effective in today’s market. As a real estate investor, you need a well-planned marketing strategy for you to find motivated home sellers. Lead generation can be discouraging and require consistency especially when the generation strategy doesn’t appear to produce the desired results. To avoid the frustration, use these tried and tested ideas for generating leads for your real estate investment.
18-Hour Cities Are the Real Deal this Year
These cities are often labeled as “second-tier”. But they might not be coming second for long. When it comes to real estate, these cities have become the center of attraction. According to The Emerging Trends in Real Estate 2016, it is anticipated that from now on-wards more real estate action is going to take place in these cities and the agents there must keep a sharp eye on the coming opportunities.
Ways to Invest in Real Estate
One of the advantages of investing in real estate is the sheer variety available to you. There are multiple ways to invest in real estate, and there is no definite amount of money required. The same can be said for the time commitment. But despite the sheer number of ways to invest in real estate, they all belong to one of two major subcategories: passive and active.
Frequently Asked Question by clients before selling their home
With the real estate market becoming more and more complex day by day, if is not unusual to hear a bombardment of questions from clients who are to sell their homes. We have come up with a list of frequently asked questions by clients before selling their home. These questions are included with answers from expert real estate agents to help clients understand better
Read the responses and get a better understanding of how to deal with these questions.
Five Common Land Investing Myths Debunked
In real estate investing, there are many myths perceived to be true. Land investing is not an exception as there are popular myths in this niche that mostly cause tension, anxiety and confusion among investors. Land investment can be a lucrative market venture for newbie real estate investors. However, there are many misleading ideas and myths that keep them from stepping into the market. Until you realize the reality about land investing, you may have cold feet over myths that are only misleading. In this digital age, getting misinformed is one thing you should be vigilant about. However, you don’t need to be confused anymore, we got you covered.