Reading Time: 7 minutes If you’re planning to sell an investment property, there are some costs you need to prepare for before buyers get involved. There are general transfer costs and other expenses that will apply as the house changes hands and it’s important to be ready for them when the time comes. Repair
Reading Time: 7 minutes Planning to sell your own home or an investment property? The chances are good if you take some time to improve the house it will sell for a higher price when closing. At the same time, the idea of renovation is a daunting one; not all renovations are worthwhile, and
Reading Time: 3 minutes Investing in real estate doesn’t mean you must have a real estate license. Millions of investors don’t, yet they are successful in their endeavors. Real estate agents have a license because they help others buy houses. If instead, you invest in the properties yourself, you don’t need the license. Here
Reading Time: 3 minutes Quick Summary To quickly work out your maximum monthly rent payment, multiply your monthly salary by 30% To calculate the required annual salary of a rental applicant in a flash, multiply the monthly rent by 40 How To Calculate Rent-To-Income Ratio The following methods can be used to complete the income ratio
Reading Time: 7 minutes Purchasing an investment property is a serious financial commitment that the investor will need to consider carefully. There are market conditions, personal finances, buyer/tenant demand, and other factors that have to be taken into account. Luckily, the internet is filled with real estate-based websites that are targeted at making this
Reading Time: 4 minutes Today it’s not just individuals that buy homes, companies do it too. There are many more LLCs buying homes today than individuals and for good reason. While it’s not the right choice for everyone, there are valid reasons to look at it the option and see if it’s right for
Reading Time: 4 minutes Every investment and/or business needs an exit strategy. Even with the best-laid plans, things can fall apart or you can just burn out and want to stop, eliminating the investment from your life. Like most investments or businesses, you can’t just stop cold turkey. You need a plan to properly
Reading Time: 7 minutes Buying a home with the idea of rehabbing it can be a daunting task even for the most experienced house flippers. There are plenty of factors to consider, timelines to set, and budgets to create for the property to be a profitable one when it comes to selling it. The
Reading Time: 7 minutes When flipping houses, there are certain tools that every investor should have under their belt if they are to see repeated success in this line of investing. Fix and flips can return good profits, but at the same time, they can prove to be challenging projects full of nasty surprises
Reading Time: 7 minutes If you’re new to real estate investing, the chances are good that you will have come across the term “hard money loan” somewhere online. Hard money is an alternative approach to borrowing that doesn’t involve the typical mortgage lenders like banks. This type of real estate financing holds a lot
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