The financial market constantly fluctuates, making the “rules” for how Americans should spend their money wisely change as well. When you’re planning to make a significant investment like buying a home, you must have a plan for saving enough money to cover a down payment, moving costs, closing costs, and all the minor emergency repairs that come with moving into a new home. The sooner you start implementing a strategy, the better off you’ll be. But if you’re not sure where to start, we’re here to help. Here are three key areas where you should put your discretionary income to ensure homeownership is in your near future.Read More
Working with a real estate professional can provide you with the experience and expertise needed to successfully build your real estate investment portfolio.
It’s important to find a realtor who understands your needs and desired outcomes. As an investor, you want your real estate agent to identify properties that will give you the best return on your investment, whether you’re looking to flip a home or turn it into a rental property.
Here are some tips for finding the best realtor to help you meet your investment goals.Read More
You may have any number of reasons for wanting to sell an investment property.
Investors often sell to take advantage of a hot market or offload a property they’re losing money on. Other times, they’ve inherited a property they don’t want to manage — or they’re moving away from one.
Whatever the reason, selling a rental property is not unlike selling a primary residence, albeit with key differences. Below are some steps to consider before you sell your investment.Read More
Today, homeowners who want to move are in an ideal position to sell. The housing inventory is low, resulting in intense competition among buyers. Homeowners now have leverage to sell for the best terms possible, and higher home prices are a result.
To ensure that you get the best return possible for your home, there are some things you can do to help your house stand above the competition when you want to sell.Read More
Whether you’re new to real estate investing or you’ve been doing it for decades, everyone has the same goal: to make the most money possible. From limiting the number of improvements you make to looking for foreclosed homes to buy, here are some ways to maximize your real estate investment profits.
Diversify Your Investments
Just as you shouldn’t put all your investment capital into one stock, you may want to consider investing in real estate in several different areas. While you know the market best in your area, the profit potential is limited when you set geographic boundaries.Read More