Understanding a property’s assessed value is key for homeowners, investors, and buyers alike. It impacts your property taxes and can shape your buying or selling decisions. This guide will explain the assessed value, how it’s determined, and how it differs from appraised and market values. Property Assessed Value The assessed value is the amount a […]
Tag Archives: real estate investing
Conveyance in Real Estate: A Simple Guide
Real estate transactions can be complicated, especially when you inherit property after someone passes away. Whether you’ve unexpectedly come into a property or are dealing with the loss of a loved one, transferring ownership can add months to the process and be quite challenging. Knowing how to transfer property after death can help you navigate […]
First Vacation Rental Property Purchase? Read this.
With summer in full blast, it’s vacation time! You might be reading this blog on the front porch of your vacation home, having a cup of joe. Visiting this vacation home of yours probably every summer, you may be thinking about buying a property here. While buying a home in your favorite summer destination sounds […]
Investing In Student Housing Rentals & The Pros And Cons
Making a risky move to enter the world of profitable investments is frequently necessary. It’s commonly known that success in real estate ventures requires a creative mindset. Student housing rentals are one of the less common options that have the potential to be quite valuable. Even though these investments might seem overwhelming at first, if […]
Important Documents For Every Investor
It is important to recognize that real estate investing is a business. Like any other business, there are systems, policies, and procedures that must be followed. The biggest problem most new investors have is organization. Even if you only invest part-time, you need to stay on top of everything you are doing. Not only will […]
Investing in Multi-Family vs. Single-Family Properties
In the world of real estate, the choice between multifamily and single-family properties is a significant decision. Both options have their own sets of pros and cons. To make the right choice, it’s crucial to understand these two investment strategies. Let me simplify it. Single-Family Property Investment Single-family property investment revolves around owning and leasing […]
First Time Landlord? Check this out!
On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease, you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There […]
Strategies to Polish Your Negotiation Skills
Negotiation is a direct part of almost everything you do in the world of real estate. In addition to negotiating the best possible price on every offer you make, you negotiate with your contractor, property manager, and possibly even tenants without even knowing it. The better you are at negotiation, the greater the impact you […]
Eviction: How Do You Handle It?
If you own rental property long enough, eventually you will be faced with an eviction. Every landlord thinks evictions will never happen on their properties, but they are more common than you may think. Your tenant can be great for eight months and then out of the blue be hit with an unexpected financial setback. This […]
BRRRR – The Investing Method
The BRRRR method, popular in residential real estate investing, stands for Buy, Rehab, Rent, Refinance, Repeat. This strategy involves acquiring distressed properties, renovating them, renting for continuous income, and refinancing to accumulate equity for future investments. It’s like house-flipping with long-term financial growth in mind. The BRRRR method – What is it? The BRRRR method […]