Simply put, escrow is a term that refers to a financial arrangement in regard to real estate. Throughout this article, we will be tackling what an escrow account is, how it affects your mortgage payments, escrow balances and shortages, and
Once you have decided to buy a property and have determined your ideal price range and location, the next important step is to figure out the specific type of property that best suits you. Aside from the usual single-family houses,
When you have a business, the government created a way to keep track of the credit and everything that goes on in the business. Let’s say you create an LLC for your real estate investing business. The company may hire
When building a rental property business, financing is the hardest part for most investors. The best way to invest in real estate though is with real estate leverage. Real estate leverage is utilizing other people’s money or any other way
One of the major decisions you will need to make in your life is whether to buy a house or rent a place to live in. This will affect not only your monthly income but also your overall lifestyle and
When you rehab a house, it is easy to do it when you can visit the property every day because you live close to it. But what about when you rehab a house when you live 2000 miles away? You
There are lots of different kinds of investments. One of the most successful is real estate investments. Unlike stocks and bonds, this will help you make a stable and continuous cash flow whether you are working a small job or
House hacking can be your best option to get started investing in real estate and create a rental business.
Normally, it would take years to pay back a mortgage loan. The longer the loan takes, the larger the interest it will have. While it’s the best decision for people who can’t pay the full purchase price of a property
Gentrification is when a historically non-investment neighborhood undergoes a process of economic and neighborhood change through real estate development. This process typically results in higher-income residents moving in, resulting in a change in demographic and income level. Gentrification can also
Finding who owns a property is not as hard as it may seem. When I first started investing in real estate I couldn’t find the owners of a property no matter how hard I tried. Then, I found that there
Turnkey Real Estate Investing companies are just about everywhere you look. They promise great things to you as an investor but, should you invest your money in these Turnkey real estate investing companies?
If you are like me, finding the funds to purchase a rental property is hard to do. These ways are time tested and will help you be successful in gaining financial freedom with rental properties and passive income ideas.
The secret to success with real estate investment is numbers. Not knowing about these numbers might make you end up settling for the wrong real estate investment out of all the available deals out there. The price to rent ratio
Real estate investing is BY FAR the best way to make money as passive income. Instead of having a J.O.B. (Just Over Broke), you can make passive income from the rent you receive from your tenants. Now, it is TOTALLY
When you are a beginner in the world of real estate investments, you might not be familiar with a real estate contract or its different types. A real estate contract plays an important role when it comes to investing in
By learning how to negotiate a salary, I was able to increase my salary by 20% at my last job! It was an amazing accomplishment and I learned so many things about negotiations.
If your investments are currently with a financial institution and you wish to have them transferred to a new financial institution, you will have to request the new institution to have your investments transferred from your old company to the
I remember the first time I bought a rental property. The excitement was almost overshadowed by how uncertain and nervous I was about all the steps of the process to get the property rented. Thoughts came into my head like: Would I buy a money pit? Would I be able to get a renter? Would I overpay for the property?
You don’t have to use you IRA for just stock market investing any more. Did you know you can use your IRA to invest in real estate? You can with a self-directed IRA. Using a Self-directed IRA can be very