Loan Options for Investors Purchasing Foreclosed Homes
October 14, 2024
Foreclosed homes can offer significant investment opportunities, but securing the necessary financing is crucial. Understanding the available loan options can help investors make informed decisions and maximize their returns.Traditional MortgagesConventional Mortgages: These are standard home loans offered by banks and mortgage lenders. They typically require a down payment (usually 20%) and credit score above 620.FHA Loans: Backed ...
Paying Rent is Hard. Paying a Mortgage is Hard. Richard Stewart says, choose your Hard
September 07, 2024
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Thinking About Buying an Investment Property for Your Child to Live in While at College? Ask Yourself These Questions First…
July 09, 2024
You don’t even need to have a child going to college to know that it costs a ton of money! But when you do have a student about to enter college or already there, you become extremely aware of how much it actually costs.For those who aren’t quite there yet, when you hear how much tuition ...
Short Term Rentals - how to choose the best property
December 15, 2023
Short-term rentals (STRs) have become an increasingly popular way to invest in real estate. They offer the potential for high returns, but it's important to choose the right type of property. Not all properties are created equal when it comes to STRs.Here are a few things to consider when choosing an STR property:Location: This is the most ...
Investor Series – Short Term Investments vs. Long Term Investments
June 15, 2023
This is another installment of our investor series articles. Today we are going to look at short term investments vs. long term investments in the Real Estate sector.Some things to consider when thinking about short term vs. long term investments:Time horizon: Short-term investments are typically held for less than a year, while long-term investments are held ...
Investor Series – The differences between rental lengths
May 15, 2023
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at the difference between different rental lengths. Short term rentals, Medium-term rental and Long-term rentals and the pros and cons for each.Short-term rentals are typically defined as stays of 30 days or less. They are often ...
Investor Series – Value Add
April 15, 2023
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at something called “Value Add”. What is it? How does it work?Value Add is a common term in the investment lexicon and simply means an opportunity on an investment property to add value to ...
Investor Series – Single Family vs. Multi-Units
March 15, 2023
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at single family homes as an investment compared to multi-unit properties.Single family homes offer some unique benefits as a Real Estate investment. They are typically much more liquid as there are a great number of buyers ...
Investor Series – Househacking II – Taking advantage of the In-Law or ADU
February 15, 2023
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at another form of househacking. Looking for homes specifically with a dedicated in-law suite or Accessory Dwelling Unit (ADU).In-Law suites have been around forever. The idea behind them is having a family member (usually elderly) ...
Investor Series – Land Contracts
January 15, 2023
This is another submission in our ongoing series of investor articles. Today we’re going to talk about Land Contracts.Land Contracts are a type of financing where the owner agrees to sell you their land (and all the improvements on it) over time. The owner basically is the bank and you can take possession of ...
Investor Series – Hard Money Lending
December 15, 2022
This is another submission in our ongoing series of investor articles. Today we’re going to talk about Hard Money Lending.Hard Money lending is typically dealing with the private sector for funding. These lenders are wealthy individuals or groups who have large sums of cash available for loans on investor projects. They ...
Investor Series – 1031 Tax Free Exchanges
November 15, 2022
This is another installment on our investor series articles. Today we are going to discuss 1031 tax free exchanges.A 1031 exchange is a swap of one investment property for another that allows capital gains taxes to be deferred. The term comes from Section 1031 of the IRS Internal Revenue Code. IRS has some rules regarding ...
Investor Series – Short Term Rentals
October 15, 2022
Short term rentals are the hot new segment in the Real Estate industry. The concept is similar to a bed and breakfast or hotel where you rent out your property by the day/week for a premium cost vs. what you could get on a monthly or yearly basis. There are a lot of people who ...
Investor Series – Projecting cash flow on a Multi Family Property
September 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at Multi Family properties and now to set up a projected cash flow.Multi family properties are named after the number of residential units they contain. For example, a property that contains 4 residential apartments is ...
Investor Series – Renting or leasing out a property to own
August 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at leasing or renting to own. How it works and the pros and cons.Renting out a home is a good way to get cash flow from a property. What happens when you want to sell ...
Investor Series – House Hacking
July 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at house hacking. What is it? How do you do it? What are the pros and cons?House Hacking is essentially getting other people to help you pay your mortgage payment. You basically ...
Investor Series – Subsidized Tenants
June 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at subsidized tenants and the pros and cons with choosing these types of tenants.A subsidized tenant is a tenant that gets part or all of their rent paid for by another entity. This is usually a ...
Investor Series – Evaluating a property to flip for profit
May 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be looking at evaluating a distressed property for resale profit potential. Traditionally, we call these “flips” in Real Estate terms. Just a property you intend to purchase and sell quickly for profit after repairing.Flips are ...
Investor Series – Evaluating a single family home for investment
April 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be discussing how to approach a single family home for real estate investment and evaluate it for potential return.There are a variety of properties you can invest money into but one of the more popular options is single family ...
Investor Series – What is BRRRR?
March 15, 2022
Its cold out there campers!! This is a continuing series about investor terms in Real Estate and what they mean. BRRRR is a common concept in the investor tool box when it comes to Real Estate. Besides something you might say when its cold out, it’s actually an acronym for something very different. ...
Investor Series – What is Wholesaling?
January 15, 2022
This is one of many articles we will be writing regarding investing in Real Estate. Today we’ll be discussing a relatively new concept in Real Estate: WholesalingThe concept of wholesaling is simply to find a seller who is willing to sell at below market rates and get that property under control via a purchase agreement. Then, ...
