If you have stayed updated on recent events in the news in the past year, at some point you’ve likely heard the scary word “recession.” The idea of a recession might seem overwhelming or concerning, but the US should know a thing or two about bouncing back from economic turmoil. Due to the coronavirus, the...Read More
When buying a home, the question of what type of mortgage you’d like to select is bound to come up if you’re not planning on purchasing the home with cash. This is when an adjustable-rate mortgage (commonly known as an ARM) or a fixed-rate mortgage comes in. Which type of mortgage is the right one...Read More
Wholesaling real estate is a short-term business tactic often used by investors looking to make consistent and quick income in the housing market. In a wholesale real estate deal, the wholesaler agrees to purchase a home from a seller for a small earnest deposit. The wholesale contract details the amount the wholesaler is expected to...Read More
No one likes it when a good deal dies. Especially when selling your home, it can be disappointing. Whether the property won’t sell due to financial complications or miscommunications, learning that a great offer has fallen through is always a setback in real estate. Unfortunately, home inspections are a well-known deal-killer within real estate. They’re...Read More
When you’ve decided to sell your house, one of the most first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house...Read More
Real estate and rental property bookkeeping might not be the most exciting element of investing in real estate, but it’s a necessary mechanic within the real estate machine. Some real estate investors might hire an accountant or professional bookkeeper to keep track of their property expenses because understanding these figures is critical for properly running...Read More
In life two things are certain and, as we all know, one of those is taxes. Tax season seems to always be around the corner, and for rental property investors that can mean that some paperwork is on the horizon. Understanding the tax rate for rental income can be an overwhelming task. Between identifying all...Read More
Not all properties are created equal. Some can become very difficult for homeowners, realtors, and real estate investors to resell. Depending on the holding costs and resell value fluctuations, many of these hard-to-sell properties can sometimes sell for less than they were purchased. While these properties might have some unique challenges for selling, investors need...Read More
If you’re at all familiar with the world of real estate you’ve likely come across the idea of For Sale by Owner listings, or “FSBO” listings. For homeowners looking to take the real estate process into their own hands, it’s a popular option to skip the use of a realtor or agent and instead sell...Read More
A lot has changed in the world of real estate over the last decade. As difficult as it may be to believe, the mortgage collapse was over ten years ago. A defining term that emerged shortly after the collapse was the “short sale”. There is a good chance that even if you were in real...Read More