Real Estate Blog
6 Things to know before the sale of rental property
A rental property provides you with substantial income from cash flow in the form of rents. However, you may opt for the sale of a rental property if you want to capture the appreciation and hike in property prices. But, the profits you make by the sale of rental property can get seriously lowered by the cut in form of capital gains taxes. Here are some things you should know before the sale of rental property.
Bad Credit and Millennial home buyers
Bad credit is around when you cannot meet payments on your credit agreements. Sadly this has turned into yet another millennial dilemma (other than excessive competition, and debt to income ratios to name a couple). Most of the millennial need to go through college by acquiring huge student loan yet whatever they earn during that time is too meager to keep up. The new generation of home buyers is facing some tough financial checks as compared to the previous generations. Many of them also have bad credit scores. This can affect interest rates offered, possible extra points a mortgage borrower may have to pay, and whether or not the potential borrower can be approved for a home loan.
Six Affordable Ways to Add Value to Your Rental Property
Are you disappointed by the look of your rental property? You think you don’t have the time and money to fix it up? Whether you want to rent a property or want to increase your rental income, there are affordable upgrades that will maximize your rent. Every real estate investor wants to have their property increase in value and reduce the operating expenses. For you to get the best return on your investment, you should invest in the right upgrades. The upgrades should be aimed at enticing tenants to stay and attract top ones, getting your property rented faster. If you’re looking for the top upgrades that will boost the value of your rental property, look no further.
Here are the top affordable rental property upgrades that increase your property value.
Add a Fresh Coat of Paint
Looking for a quick and cheap way to increase the value of a home? There is no cheaper way than freshening up the paint. Buying the paint in bulk to use it in other areas will allow you to enjoy a high return on investment. You will get a better quality paint at a discount. Be keen when choosing the color of the paint because the right paint color will sell fast. Choose two neutral colors a few shades apart and a quick coat.
Understanding the Millennial Home buyer
Millennials have come of age now. They represent the biggest generation in the history of mankind. They now are the biggest group of buyers in America. Most of the first time home buyers in the states are Millennilas(also referred as generation Y) and they are bringing about major changes to the real estate market.
The Basic Real Estate Guide
Real estate investing is a common term used in our daily lives. It is broken down into several segments like renting, purchasing, owning or selling of land or any structures built on it for the sake of earning a profit. Let us dig deep and see what real estate investing is about.
Is Your Rental Real Estate Investment Still holding strong?
Over the course of time, the effectiveness of certain things is to fade away. This generic rule is also applied to the real estate industry. Here, you might think that the property you bought ten years ago is still making your enough money but you might be wrong. That rental property that made you money 10 years ago might not be doing the same now. The purpose of this article is to help you access your rental real estate investments.
Real Estate Investing: All About Owner Financing
As you go about learning about all the tools and options available to you once you own a home, it is important to understand how owner financing can help you make the most out of your real estate investing. The more financing options you have, the better your choices. Perhaps now might be a good time to revisit owner financing in detail.
Real estate investment: Knowing when you’re ready to invest
Real estate investment is not that simple. Even if you are doing well at investing and making things work for yourself, you need to give things a background check to make sure that your property is making you rich. There are many things that people ignore when it comes to investing. These things are cost, taxes or upkeep. This makes things intricate and that’s the reason why everyone is not successful as a real estate investor. But if you fulfill the below listed requirements, you can start investing in real estate right away.
What does Real Estate Investing Community say?
Introduction:
The past few years aside, Americans still feel strongly nowadays that Real Estate is the best possible long-term investment for their hard earned money, ahead of stocks and even gold, as compared to results of a poll just released in early April.
The poll was conducted by Gallup between April 3-6 and prioritized on the U.S. economy and personal finances. In it, participants were asked to pick what they considered to be the appropriate place to put their long-term investment dollars. The choices given were Real Estate, Gold, Stocks, Mutual Funds, CDs, Savings Accounts, Bonds, and many such choices.
Home buyer types
“Not all fingers are the same”. This quoted is applicable on almost every aspect of our life. Days, weathers and moods are different form each other. Everything is subjected to a certain degree of difference from the other. Same is said about people. They are different from one another. They make different choices in different situations. As a real estate agent you need to identify people very well in order to make a lavish living. Each buyer is different from the other and you need to understand their needs every time. By categorizing clients on the basis of their experience in home buying or their motivations in doing so, you can be an apple of their eyes and get repeated business through them. We have distributed home buyers in different categories to help you understand them better: