Investing in real estate is a lucrative business and a sure way of building wealth. Like other lucrative investments, real estate investing contains some myths. For this reason, we will be discussing four of the most common misconceptions about the fix-and-flip strategy. Flipping a property guarantees a higher ROI Home Flipping is an income source and a sure way of building wealth but not a smooth…Read More
Congratulations! You’ve reached a huge milestone by buying your first rental property. The next step is to set a reasonable monthly rent for your property. This can be daunting especially for first-time property investors because any mistake could affect your return on investment (ROI). So, here are five factors to consider when setting monthly rents for your investment properties. Location The …Read More
Renovating a property is a significant undertaking but can seem overwhelming when you don’t have a plan or you don’t know how to go about it. Whether you are just performing home improvement to raise the property’s value or you want to restructure the property, you need a plan. So, here are 3 reasons you need to have a plan before starting your renovation work. To Set a Realistic Home Renova…Read More
Becoming a real estate investor is a great way to make passive income. However, starting a venture in real estate requires financing. And if you don’t have a huge bankroll to finance a property, taking loans may be the most viable and the best alternative for sealing deals. There are different types of loans available for investors and knowing the appropriate one for you can save you a lot of st…Read More
Owning a rental property is one of the popular investment strategies available to real estate investors. This strategy has a lot of benefits as well as risks associated with it. Here are some of the risks that comes with this investment strategy and how to avoid them. Bad Tenants Getting a tenant to rent your property is the only way you can make a return on your investment (ROI). Renting your pro…Read More
2019 has been an interesting year for the housing market in the United States. From lower rates to rising home prices and different government policies, the housing market has been surprising and sometimes intimidating. However, with all these shocking activities, there are still new things happening in the mortgage market. Let’s discuss some of the interesting and intimidating things that are p…Read More
The growth of technology in home financing is coming from all directions. New companies are springing out every day, startups are having access to end-to-end technology and thereby trying new things, online listing services are dabbling into mortgage lending. All this is not only improving the home financing niche but it’s also providing customers with more option while squeezing out the lenderâ…Read More
Either this is for you and for others, there are certain things you need to consider to prevent you from going off-course. Based on this fact, we have compiled eight mistakes you need to avoid if you want to build a dream home. Not Prioritizing Planning Planning should be prioritized when starting anything. Putting your habits and lifestyle into consideration when designing prevents you from runni…Read More
Investing in real estate is hard work; it requires time and money to be successful in your endeavors. It also involves getting your hands dirty, making mistakes and learning from your mistakes. But unlike in past times, you don’t have to learn on your own. Here are the five best real estate investing websites of 2019 to put you on the right path. BiggerPockets (Blog) Joshua Dorkin founded Bigger…Read More
In a competitive housing market, speed, flexibility, and fundraising at the appropriate time are the basic factors that differentiate a successful real estate investor from the other. This means that to be successful in your real estate investment ventures, you have to work with a fast lending firm. Let us discuss some of the reasons why investors prefer hard money lending to conventional lenders.…Read More