Regardless of how successful you are investing by yourself, there will come a time when partnering up on deals works in your favor. The scenario could also come on the flip-side, where you have a deal, but for a variety of reasons, you may need to find a partner to get the deal to closing. […]
It is no secret that the real estate market is in the midst of a prolonged recovery, as home values are slowly rising and sales are picking up. The question remains; what will it take to accelerate the speed and growth of the market rebound? Many analysts say that the market will never fully recover, […]
In a perfect world, we would all begin our investing careers with a nest egg to facilitate future purchases. Unfortunately, we don’t live in a perfect world. One of the biggest obstacles for new investors is finding financing. Your deals start and end with the financing. You can do everything else right, but if you […]
Since the government took over Fannie Mae & Freddie Mac a few years back, it has seen a rise in loan applications and closings. Recently announced changes in lending guidelines and programs would appear to be putting an end to that at some point early next year. With nearly two thirds of all loans closed […]
Breaking down your credit score is similar to understanding the mystery of the mortgage approval process. The basics seem easy enough, but it is much more complicated than initially thought. With mortgage approval, if you have a good credit score, a low debt-to-income ratio and a significant down payment, you would think you have a […]
As perhaps the biggest reason new businesses fail; they attempt to please everyone. Instead of finding a niche and narrowing their focus, they get caught up in trying new things and being mediocre across the board. Investing in real estate is no different. There are so many different paths and ways to make money as […]
You can plan your whole life, but if you don’t decide to take action at some point, you won’t get very far. When you get right down to it, there is not much that separates any two investors. We all have access to pretty much the same information. The biggest difference is that, instead of […]
Many new investors fail to realize that when they get started in real estate, they need to treat it as a business. One of the first things most new businesses do is enlist the services of a good certified personal accountant (CPA). This is even more important if you are dealing with real estate. A […]
One of the fortunate byproducts of the slow housing sector has been the increased activity within the rental market. Over the past few years, demand for rentals has begun to surge. Stricter mortgage guidelines and uncertainty in the work field, particularly by recent college graduates, has allowed owners to virtually name their rental price. However, […]
Preparation and organization are the keys to investing. Every time you think you have “free time,” there are always things you should be doing. You may have a fully occupied property now, but do you have tenants secured after the current lease expires? If you are within 120 days of your lease expiring, it is […]