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
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
How to Get Started in Real Estate? The Ultimate Guide
Have you ever driven down the road looking at the homes, apartments, or projects under development and asked yourself how to get started in real estate? If so, you’ve come to the right place, because real estate investing represents an compelling opportunity for wealth building.
Learning how to invest in real estate will:
- Produce monthly cash flow
- Increase your net worth through debt pay down and price appreciation (increases in the property value)
- Give you insane tax benefits (mortgage interest write-offs, depreciation deductions, etc.)
- Provide you with protection against inflation
- Allow you to utilize leverage, which can further accelerate your returns [Read more…] about How to Get Started in Real Estate? The Ultimate Guide
What is a 1031 Exchange and How Does It Work?
How would you like to build your personal wealth faster? If you’re taking advantage of the burgeoning real estate market, you may be wondering how to scale up without getting penalized by Uncle Sam.
Between income generation and appreciation, real estate can build lasting wealth more reliably and consistently than other investments. But how do you grow your portfolio in the most cost-effective way?
Read on to find out how a 1031 Exchange can help you invest in income-generating properties on a larger scale than before. [Read more…] about What is a 1031 Exchange and How Does It Work?