Real Estate Blog
The Infinite Banking Concept
Velocity of money can be described as the rate at which money changes hands. It has now become crucial for people to understand the concept of keeping wealth changing hands. The infinite banking concept happens under the radar and it is more than just insurance value or any other asset.
Top Six Benefits of Multifamily Property Real Estate Investments
Have you been thinking about investing in real estate? Then, probably you’ve come across the debate of whether to invest in multifamily homes or single-family homes. The choice of your real estate investment niche should be dependent on your investor identity and the profitability of the investment. The multifamily real estate is well-known for providing affordable housing and often the preferred housing for many people. Before purchasing any property as an investor, have a clear plan for what to do with the investment. While choosing between multifamily and single-family investments can be challenging, you can agree that each investment has pros and cons. This article is to persuade you to join multifamily investments by giving the reasons that make it a superior investment.
How to Get Your Home Offer Accepted
Imagine this situation – you are looking to get a new home on the market, and you want every potential buyer to check out your place, at an offer that you yourself have arrived at. As a seller, you want your offer to be considered by as many people as possible. In fact, you want sellers to agree to your demanded offer without being bogged down in a spiral of endless negotiations. In short, you just want a hassle-free experience with your home offer.
Common Unreasonable Landlord Behaviors You Should Avoid.
The returns you receive as a landlord are greatly dependent on your property management. In some investments such as shares and bonds, you can get returns without getting much involved as an investor. However, rental property investment is not 100% passive. Before you get your rental income as the landlord, you to do some work and use some skill. Without proper knowledge, you can jump into rental property investment thinking it is a walk in the park only to make costly mistakes that may ruin your investment. You don’t your investment to get into ruins because of some avoidable mistakes. Rental property management is one of the aspects that determine the success of your investment as a landlord.
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.
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.
Reasons You Should Allow Pets at Your Rental Property.
Accepting pets in your rental property can be a great investment strategy for you as a landlord. Despite the popularity of pet ownership, most rental policies disregard pets as part of the household members. Most landlords restrict tenants from keeping pets in their rental properties because of the fear of damage caused by pets. It is often a challenge for pet owners to find a rental house because of the ‘no pets’ clause. However, you can use this opportunity as a landlord to have more tenants interested in your rental property. While it may seem more risky to allow pets in your rental, there are more benefits associated with it. Moreover, most pet owners tend to be responsible tenants who can take proper care of the space. While the decision to allow pets into your rental property may not be easy, it’s worth a consideration.
Secondary Mortgage Market: The past and the present
The year 2008 market a crisis fir the US economy as its housing market had collapsed. This economic collapse made everyone familiar with the secondary mortgage market. It was concealed and the general has no idea it existed and when brought upfront made people realize that it was the most important for them, especially, crucial to the mortgage lenders, secondary market participants and appraisers. Then all of a sudden, with the well-publicized issues surrounding the housing collapse of 2008, Fannie Mae and Freddie Mac and some of their larger clients and the big lenders became household names. Read on to learn about the history of Fannie Mae and what it means for appraisers.
Do I Need to Pay a Real Estate Guru to Be Successful?
The sheer number of mentorship programs available on the Internet, it’s very easy for novice investors to get the wrong impression that they need a real estate guru to be successful. The truth of the matter is that it is not a requirement – many of the greatest real estate investors were self-made men. They did not pay a real estate guru to be successful.
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.