With the ongoing COVID-19 outbreak, so many are suddenly faced with a new level of uncertainty that has left them wondering what to do next. A fair few find themselves unable to look more than a few days into the future, let alone 24 hours. But we’re here to reassure you the time to act for the future is now. At Lafayette Lending we understand your worry and concern about how now may not …Read More
Real estate investing requires extra work and an understanding of the industry to be successful. The advent of the internet has disrupted the industry. For example, some years ago, you need to attend paid conferences and seminars to know about the industry, but in recent times, you can learn so much about the industry online. This means real estate investing can be much easier if you know how to g…Read More
The fix-and-flip strategy is no doubt lucrative and the most common way of building wealth within a short period in real estate. Like other businesses, things do go wrong. But when things go wrong, what should you do? Here are a few options you can consider. 1. When Financing Fails Like the popular saying, “Money makes the world go around.” In real estate, especially the fix-and-flip s…Read More
Home improvement is just as overwhelming as buying a new property—it requires planning, financing and finding a qualified contractor. A successful property renovation means both homeowner and contractor clearly understand themselves and the project. Working with a contractor takes diligence and effort. Here are five tips to successfully deal with contractors during property renovation. Establish…Read More
As real estate investors, home improvement is inevitable. Whether you are performing it out of necessity due to damages or you are doing it to improve the value of the property, renovating your property is a way to show your tenants that you care. In this article are seven ways to save money while renovating your investment home. 1. Plan before renovating Planning comes before anything else. It is…Read More
Real estate investment is one of the most lucrative investment strategies. For a higher ROI and cash flow, there are many factors to consider, the location being one of the most important. The U.S. Housing Market in 2019 was a great one. As 2019 comes to an end, the common question amongst investors (both new and old) is: Where are the next cities to invest in 2020? McAllen, TX McAllen is a city i…Read More
Over the past couple of years, Tennessee was one of the strongest housing markets in the U.S. due to factors such as rapid population growth and limited real estate inventory As 2019 approaches to an end, the housing space in the state and particularly in Nashville seems to be cooling off in terms of transactions, although home price appreciation is still expected The median home value in Tennesse…Read More
According to Zillow.com, Georgia’s housing market is currently a buyer’s market. The median home value in Georgia is $195,500 Georgia Home values have gone up by 7.5% over the past year Prediction is that they will rise 5.5% in the next year The median price of homes currently listed in Georgia is $259,000 The median rent price in Georgia is $1,445 Atlanta is considered the most prominent mark…Read More
Florida’s real estate market is considered very healthy especially for single family homes. Single-family home sales in the Florida housing market had a YoY increase of 4.6 percent. Florida is the third fastest-growing state in the country, with its population increasing 1.63 percent this year and an overall 11 percent increase since 2010. The Florida housing market predictions of 2020 are that …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