Systems and habits make good friends, and they help real estate investors make good decisions. There are many ways an investor can quickly assess the potential value of buying a particular property. These 4 calculations are the main ones real estate investors should know and use. To keep it simple, you will:
Flipping is the art of purchasing a property and transforming the real estate into a modern, luxurious, and desirable home that buyers are willing to pay a pretty penny to live in. It is an incredibly rewarding and lucrative business that has taken over the real estate industry within the past decade thanks to television networks like HGTV.
The real estate market continues to offer lucrative investment opportunities for flippers. According to market experts at Realtor.com, the median listing price of US homes reached $289,300 in January 2019. That represents a 7% year-over-year increase nationwide. Regardless of location, those who can take advantage of current market conditions are realizing larger profits at a faster rate.
There are good tenants--and then there are bad tenants. Even with background checks and credit checks, applications and interviews, sometimes these tenants slip through the cracks. Here are a few of the worst types of problem tenants and some tips on how you can spot them before it's too late.
The common answer is, "No, you should never pay more than a property is worth." There a major reason for not doing so, and a few others why it can make sense. Let us begin with the reason for not.
If you're looking for ways to broaden your investment portfolio, you should explore the possibility of purchasing a few pieces of California real estate. Investing in real estate, particularly a rental property, is often a good method for generating a steady passive income and also adds a large, tangible asset to your investment portfolio. There are a few good reasons to purchase a piece of property as an investment, including:
The sunny state of California is home to beautiful vibrant beaches, leading industries, new technology, and some of the best residents. The state has the largest population at 39.54 million and growing. Even with the state being called home to so many, and its continuous growth, it is where some of safest areas of the United States are.
4 Reasons You Don't Need to See a House Before Buying to Rent
Posted by Ken Meyer on Tue, Jun 05, 2018Buying a house to rent out is a big decision. You want to make sure that you have the right property for your renters: one that will attract high-quality renters who stick with the property, pay their rent on time, and other key details. That doesn't mean, however, that you need to take a walk through every property before you decide to buy--especially if you're buying in a geographic area removed from the one where you live.
The California real estate market has continued to be one of the top markets in the United States for the past few decades. Even during down times, the top markets in Southern and Northern California continue to thrive. This has made it ideal for people that like to fix and flip older homes. While fix and flip opportunities have provided plenty of earning potential over the past decades, rising housing prices in many of the top areas has made it harder to get into the industry. Fortunately, there are still several great up-and-coming areas in California that provide plenty of opportunity.
Four Things You Can Take Away from How the Market Performed This Year
Posted by Ken Meyer on Tue, Jan 30, 2018The housing market in 2017 ended up being a very good one for real estate owners and investors. Now that the year has come to a close, it is important to look back and review how the year went and how it could affect the housing market going forward. There are four key takeaways from the 2017 real estate market that could continue to have an impact on the housing market in the United States going forward.