What Is House Flipping House flipping is when real estate investors buy homes, usually at auction, and then resell them at a profit months down the road. Can you make money doing this? Yes. Can you make a lot of money doing this? Yes. But you can also lose everything you own if you make … Read more
Selling your home – especially if you’ve never done it before – can be surprisingly time-consuming and emotionally challenging. Strangers will come into your home and poke around in your closets and cabinets. They will criticize a place that has probably become more than just four walls and a roof to you, and then, to … Read more
House flipping has become the day trading of the first decades of the 2000s. But in the rush to make a profit, far too many would-be real estate moguls overlook the basics and end up failing. In this article we’ll look at the five biggest mistakes investors make in this market and how to avoid … Read more
If you’re considering improvements to your home this winter, first consider which will pay the most back when you sell the home down the road. Remodeling Magazine recently released its 2015 Cost vs. Value Report, which outlines the 35 most popular home additions, remodels and replacements in 101 U.S. cities. Its recommendations will help you … Read more
Buying a an investment property to rent to tenants is nothing like buying a home. With your home, you make an offer, get a property inspection, go through financing, then close. With your investment property you are far more things to consider. Before you even make an offer you should have their pro-forma rent and … Read more
Consumer Affairs Victoria recently warned investors to beware of what they called “high risk” property investments. Interestingly the risks they mention may not have been the ones that first came to mind but there are some words of wisdom in their caution. So here’s what they said: PROPERTY SPRUIKERS Property spruikers are property investment promoters … Read more
Attracting reliable tenants is a crucial part of any investment strategy. Yet, it is an area that many investors overlook as they become fixated on price and positively gearing their portfolio. Price is important, of course, but equally important is whether the place will be in demand by tenants. This is a question that should … Read more
Negotiating is a part of living; we do it all the time. When you walk down a crowded street you negotiate the path you take. A couple negotiates their relationship before and during marriage. Although you may not realise what’s happening, for example you take out the garbage tonight and I will do the dishes. … Read more
It really important to have some guidelines to follow when you are starting your career in real estate investing. If you follow the rules, you can never really lose. On the other hand, with experience you may be able to bend the rules and still make good deals. Investing Rule #1 – Not All Deals … Read more
So you’re renting for the first time and want to make a good impression on your potential landlord. You want them to approve your application, so you willingly provide any information requested such as a copy of your identity card, employment letter, payslips and the like. But if you were to reverse the tables and … Read more
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