Getting together the starting capital to fund your initial foray into the world of real estate investing can be intimidating, but there are ways to ease complications and stress. To aid in making your first steps into real estate investing more confident and secure, let’s look at 5 ways to fund your first investment property … Continued
With risk comes rewards; when investing in real estate, greater risk equates to greater rewards. Real estate investments offer myriad options for people of every walk of life to leap into this exciting way to build wealth over the long term and create financial independence for your retirement years. Diversifying among the many different real … Continued
Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move; the buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the … Continued
Alongside patiently looking through listings and going to showings to find the right property for you, securing financing to purchase that property is another one of the major hurdles you’ll encounter as a prospective homebuyer. To aid you in expanding your possible financing avenues, let’s see what Michigan homeowners need to know about creative financing … Continued
Duplexes are one type of rental property with two units under a shared roof that offers an affordable entry into the multi-family sector of real estate investing. New investors can either earn two income streams or house hack, living on one side. At the same time, the tenant pays off the mortgage and the expenses … Continued
Suppose you own a home and can wait out the term of a lease option to exit the property, typically from one to three years. Or perhaps you have a property you’ve had trouble selling. In that case, a lease option is an excellent sales method that can be pretty lucrative—combining the benefit of a … Continued
Residential rentals offer fantastic tax benefits and can grow into significant wealth over time. But, for example, when looking at a potential investment and reviewing the accounting records, you can’t see all of the behind-the-scenes hours spent screening and dealing with tenants or the financial costs to create that steady and reliable flow of income. … Continued
The exit strategy you use to sell your house can make all the difference in earning the highest possible returns on your real estate investment. An extremely lucrative alternative to selling your house outright, lease options offer a way for you to earn a higher return on the sale. At the end of the agreement, … Continued
As a real estate investor, your role as property manager requires you to understand the importance of screening tenants to the future of your returns on an investment is as significant as the property’s location. Just as you must perform due diligence before investing, you must perform thorough tenant screenings to protect your income stream, … Continued
Home repairs. Those two words have the power to send shudders down the spines of homeowners, especially when it is time to sell. So often, these sellers list without knowing the depth of the repairs lurking below their roof, walls, and foundation surfaces. Instead, spending restless nights tossing and turning in fear and anticipation of … Continued
Lease options offer would-be buyers a specified amount of time to qualify for a conventional mortgage before they purchase a property while enjoying all of the perks of homeownership. The benefits of the rent-to-own arrangement far outweigh the risks for savvy sellers. So, read on as we explore using a lease option to sell your … Continued
Exit strategies are necessary for the real estate investment business as a part of your overall strategy to realize the best returns on the investment when you purchase the property. Savvy investors, however, understand that they must maintain a constant vigil over the local market for upcoming changes or trends in real estate requiring an … Continued
Is your dream home on the market? Then, you’d better move fast in the hot Michigan real estate market like the one we are in now! Sellers are flush with cash buyers’ offers and benefit from selecting among buyers in bidding wars! Often, would-be buyers need to sell their existing homes for the funds before … Continued
When going through a divorce, there are many decisions to be made. Understandably, the goal is to complete the process and bring your settlement to full closure as quickly as possible, including selling a shared house. However, the funds from the sale are often required so that you can each move forward, meaning you’ll need … Continued
There is a shortage of opportunities and high desirability of rent-to-own properties for buyers, making rent-to-own agreements offer a lucrative delayed exit strategy allowing real estate investors to squeeze a few extra dimes out of the returns on the property. In addition, the buyer maintains the property as if it were their own, typically up … Continued
