Real Estate

If you’re considering getting involved in this business, there are a number of different real estate investing strategies for you to consider. This begs the question, which ones are the most lucrative?

When you take both existing homes and new builds into account, 6.5 million homes were bought and sold in America last year and an projected 7.1 million will trade hands this year.

While many of these transactions represented a move of residence, many more were investments. Real estate investment is big business in America, and residential property is only one slice of this very large pie. [Read more…] about 7 Real Estate Investing Strategies Anyone Can Use to Get Rich

One of the most challenging parts of becoming a landlord is finding responsible tenants to occupy your property. Some tenants can be troublesome and cause you headaches. Some will miss or delay rent payments, while others could damage your property.

If that isn’t enough, evicting bad tenants can be costly and time consuming. This is why it’s essential to put in place a reliable tenant screening process before becoming a landlord.

In 2020 alone the number of fraudulent tenant applications increased by over 30%. Actual cases of fraud incidents rose by 50%.

However, for every bad tenant, there is a multitude of terrific tenants. [Read more…] about Tenant Screening: How To Identify Terrific Tenants (& Avoid Trouble Ones)

First-time homebuyers accounted for 35% of all homebuyers in June 2020. If you’re getting ready to join the group of first-time homebuyers, you have a lot to learn about the home purchase process.

The home inspection is one area where home sales can sink or swim. An inspector can find issues with the home, causing the deal to fall apart.

Without a house inspection checklist, you run the risk of buying a home with major issues that you have to fix after you buy it.

Read on to learn what needs to go on your checklist for inspecting a new house. [Read more…] about House Inspection Checklist and Cost