Reading Time: 4 minutes If you want to be successful as a real estate investor, you can really benefit from working with a mentor. Just like in other ‘big areas’ of your life you need someone who has been there done that and realized success. But how do you find a real estate investor
Reading Time: 7 minutes Buying real estate such as a rental home or another type of investment property holds several advantages. The trouble is that finding profitable deals can be a challenge, especially for less experienced investors that don’t have an existing network to work from. Markets have been constantly changing and although the
Reading Time: 4 minutes You can’t control everything about a home appraisal, but there are certain areas you can control. A little labor and money spent before the appraisal takes place and you could increase your home’s value more than you thought possible. A few oversights, though, and you could ruin your home’s value
Reading Time: 4 minutes You bought a home and now you want to refinance it. Some lenders may make you wait up to six months before allowing it – they call it seasoning. Others may let you refinance as soon as you want. The question is which option will be best for you and
Reading Time: 4 minutes Liens pop up on properties when you least expect it. Even if you think you’ve handled your finances well and never had a reason to have a lien on it, you can’t be too sure. It’s important to check, especially before you refinance or sell your home as it could
Reading Time: 9 minutes 2020 has been a tough financial year across the board for real estate, but there is one silver lining that is getting investors excited. The coronavirus has brought about some of the lowest historical mortgage rates, and this has resulted in a spike in the number of people that can
Reading Time: 3 minutes Pricing your home depends on many factors, but one of the largest is the sales price of recently sold homes. It seems odd that other homes would determine how much you can ask, but it’s a part of the fair market value and how lenders ensure the home is a
Reading Time: 7 minutes When you’re planning on getting started in house flipping, the most important thing you’ll do as an investor is to calculate all the costs. The question is what you’ll need to estimate for, and how to find all the numbers you need. Flipping houses can be a bit of a
Reading Time: 7 minutes Quick Summary In a perfect world, it would be possible to take out home flipping loans with the same low-interest rates and repayments as a traditional mortgage. However, the simple reality is that more often than not, banks are unwilling to provide the capital a house flipper needs to execute
Reading Time: 4 minutes You found a property you think will make a good investment, but it’s a bank-owned property. What will this mean if you are interested in acquiring it? The price is discounted so you know that there will be a lot of competing offers and you’ll want yours to stand out.
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