Did you know that more than 16 million homes are sitting vacant across the U.S.? This can happen when investors hold a property for long-term price appreciation without renting it out. It can also occur when an owner decides to let a property sit vacant during the off-season. This decision is common in beach towns during the winter and ski towns during the summer, for example. [Read more…] about What Does Vacant House Insurance Cover?
Real Estate
Do You Need a Flood Insurance Policy?
How often do floods happen in your area?
Rapidly changing weather patterns make floods more common almost everywhere. Over the past decade, natural disasters have killed, on average, 45,000 people per year.
You don’t have to travel halfway around the world to experience a crisis caused by floods. You can get unlucky in your living room. When floods happen, you need to be prepared to pick up the pieces. [Read more…] about Do You Need a Flood Insurance Policy?
How to Start House Flipping: A Simple 5 Step Guide
So COVID-19 has you ready to get into the real estate game and wondering how to start house flipping?
Within the Coronavirus thumping real estate markets nationwide, there are going to be some unusual investment opportunities in the months ahead. If you’ve been laid off or furloughed, now might be an opportune time to learn how to flip houses for a profit. [Read more…] about How to Start House Flipping: A Simple 5 Step Guide
Building Your Dream Home: Making It a Reality
Are you in the market for a new home? Maybe you’ve outgrown your current place, or you’re simply ready for a change. With the current housing shortage, some people are are choosing to build over buy because prebuilt homes are harder to come by.
Whatever the reason, building your dream home can be an expensive but exciting endeavor.
A study shows that the average cost of building dream home in the U.S. is $283,900, but most new homeowners spend between $119,412 to $449,159.
If you’re worried about this price tag, don’t be. Building your dream home can be well within reach with the right financing. Below are five finance options to consider. [Read more…] about Building Your Dream Home: Making It a Reality
7 Pro Tips for Hiring a Property Manager
A property manager is a group or person that you hire to handle the day-to-day operations of rental real estate, such as single family homes, apartments, or commercial real estate assets. Typically, a property manager will find and fill a property with tenants, collect monthly rent, oversee the legal paperwork, and facilitate repairs. [Read more…] about 7 Pro Tips for Hiring a Property Manager