You can plan your whole life, but if you don’t decide to take action at some point, you won’t get very far. When you get right down to it, there is not much that separates any two investors. We all have access to pretty much the same information. The biggest difference is that, instead of […]
Many new investors fail to realize that when they get started in real estate, they need to treat it as a business. One of the first things most new businesses do is enlist the services of a good certified personal accountant (CPA). This is even more important if you are dealing with real estate. A […]
One of the fortunate byproducts of the slow housing sector has been the increased activity within the rental market. Over the past few years, demand for rentals has begun to surge. Stricter mortgage guidelines and uncertainty in the work field, particularly by recent college graduates, has allowed owners to virtually name their rental price. However, […]
Preparation and organization are the keys to investing. Every time you think you have “free time,” there are always things you should be doing. You may have a fully occupied property now, but do you have tenants secured after the current lease expires? If you are within 120 days of your lease expiring, it is […]
Well, it was bound to happen sooner or later. What many mortgage professionals predicted months ago is only now starting to come to fruition. After a summer of slowly rising interest rates, the thirty year fixed mortgage has now risen to a two-year high at just under five percent. With positive economic data being released […]
Investors often slow their pace while they are trying to figure out what to do with their debt. If you have mortgage debt, you will accelerate how quickly you can gain equity or own the property free and clear. The offset is that you are using residual funds that could be used to invest in […]
There are a lot of different strategies and approaches to making money in real estate. The most successful investors know they should never count on guaranteed appreciation when they are running their numbers. Any appreciation should be viewed as a bonus or a byproduct of some value that they add to the property. This could […]
The most glaring change in mortgage loan origination and underwriting over the past five years has to do with the investment market. It seems like decades ago, but back in the height of the market, investors could purchase properties up to four units with no money down. Not only could they do this on a […]