Final walk-through A final walkthrough is used to confirm that all requested and agreed to home repairs found during the home inspection were completed according to the terms of the contract. During the walk through, you should check the following: All repairs are complete House is in the condition listed in the contract House should… Continue reading Final Walkthrough
Signing the Paperwork
At closing, you have two major responsibilities: Signing legal documents: This includes the Closing Disclosure, promissory note, deed of trust and certificate of occupancy. Paying closing costs: This may include fees for your mortgage application, appraisal, survey and title search as well as paying your down payment. Your lender is required to provide a Closing… Continue reading Signing the Paperwork
Moving Day
It has been a long process: You planned your budget, found the home of your dreams, had your offer accepted, and signed the closing documents. There is only one final step – the move. If it fits in your budget, hire a professional mover. This will save you time and energy. At the very least,… Continue reading Moving Day
Why Tax-Lien Certificates Are a High-Stakes Bet for Only the Savviest Real Estate Investors
If you have been tempted by the idea of buying real estate notes, you will likely also be considering tax-lien certificates. This is also an advanced strategy best reserved for experienced investors who have money to gamble with. Tax Lien Overview Up-Front Investment: Varies by situation. Usually large. On-Going Investment: Just lots of time. Return… Continue reading Why Tax-Lien Certificates Are a High-Stakes Bet for Only the Savviest Real Estate Investors
Real Estate Investment Trusts Make Real Estate Investing Accessible to Almost Anyone
Real Estate Investment Trust (REITs) allow you to enjoy the income from owning real estate investing without hassle of buying and managing. REITs are very similar to stocks but for real estate! Overview REITs are a passive investment, requiring little low-capital way to get into the real estate market. If you want to get into real… Continue reading Real Estate Investment Trusts Make Real Estate Investing Accessible to Almost Anyone
Fix and Flip Properties
Fixer-uppers on the market tend to be listed at incredibly enticing price points, and that leads many investors to considering them very seriously. Overview Up-Front Investment: Purchasing a fixer-upper property, which may require more down due to the increased risk. On-Going Investment: Short-term investment to fix up home (and then any costs to own/maintain it until it… Continue reading Fix and Flip Properties
Why Real Estate ETFs Are Growing in Popularity Among Passive Investors
If you like the thought of investing in Real Estate Investment Trusts, you should also be considering Real estate Exchange Traded Funds. Overview Up-Front Investment: Can be as low as $500. Smaller investors can buy assets commercial, industrial, and retail real estate without a lot of cash. On-Going Investment: None, unless you choose to continue… Continue reading Why Real Estate ETFs Are Growing in Popularity Among Passive Investors
Why Your Own Home May Be the Most Overlooked Real Estate Investment
Owning your home is the most common and well-known real estate investment. You don’t get cash flow from tenants but you make money from the appreciation of your home when it is sold it in the future. 🏠 More: Explore rental properties for sale – tenants and cashflow included! Overview How It Works You probably wouldn’t see… Continue reading Why Your Own Home May Be the Most Overlooked Real Estate Investment
Land Without Limits: Why Buying Vacant Plots Is Gaining Traction
While raw land in itself won’t produce a profit, it can be an excellent strategy for real estate investors seeking a low-competition, low-barrier-to-entry investment option. Overview Up-Front Investment: Purchasing the raw land. Raw land is cheap and you may be able to buy it outright with 100% cash (depending on how much you have to spend).… Continue reading Land Without Limits: Why Buying Vacant Plots Is Gaining Traction
Why More Investors Are Turning to Multifamily Housing for Income
If you want to bring in more than one paycheck a month, a multifamily property is a great way to do it. Whether it’s a multi-unit home, a small apartment building, or a row of townhomes, there are many ways you can be racking up the profits with just one monthly mortgage bill to pay… Continue reading Why More Investors Are Turning to Multifamily Housing for Income
