When you’ve saved up the money for a down payment and have your finances in order, you may be tempted to use a private sale to buy a house. There are indeed some definite advantages to a private sale. One of the chief ones is that it can save you money: you’ll likely pay a … Continued
With the dizzying amount of online information available today, many beginning real estate investors wonder whether they need an agent. You can, of course, do it all on your own. But you need to ask whether this is really the best way to buy an investment property. Without an experienced agent, you could be setting … Continued
A common business progression for real estate investors is to begin with single-family properties and then, as they gain experience and get some cash flow going, incorporate multi-family properties into their portfolio. Multi-family properties can indeed be lucrative and provide a good monthly return on investment. There are, however, some pitfalls and not a few … Continued
If you’ve never done it before, you’ll quickly discover that buying commercial property is a whole different animal from buying a residential property. You can do it yourself – a lot of people do. But for the inexperienced or time-constrained, buying commercial property without an agent can present a host of challenges, not least of … Continued
Buying vacant land can be exciting: that land is a blank palette just waiting for you to develop it however you want, offering seemingly endless possibilities and potentialities. But finding the perfect parcel of land for your specific needs can often be quite a challenge, not to mention the other difficulties that make buying land … Continued
Whether you’re buying a home to flip or just selling your current home, repairs will be needed to get it listing ready. The trick here lies in getting the home in the best shape possible, that is, maximizing its appearance while minimizing costs and staying within budget. And in order to do this, you will … Continued
Sometimes you just can’t find that dream home that checks all your boxes. So what do you do? Many people have a custom home built, and others buy an existing home with plans to remodel extensively and turn it into their dream. In either case, they’ll need a construction loan – and that’s a different … Continued
Buying or selling a home is usually done with the services of a real estate agent because it can be a complicated process and transaction involving many legal implications. Agents provide multiple services ranging from listing homes to hosting open houses to negotiating the best deal. But agents can – and very often do – … Continued
A contingency is the part of a purchase/sales agreement that spells out specific actions or conditions that must be met in order for the contract to become legal and binding and so take actual effect. Contingencies are an integral part of most such contracts, and they affect both buyers and sellers. Because contingencies stipulate that … Continued
In real estate, as in any other industry or professional arena, you have the mediocre masses and the few star performers, the cream of the crop. And usually the best people aren’t the best because they were born with special abilities or talents. No, they are successful because they work harder, strive to be the … Continued