credit: magnetbox
You’ve purchased an investment property. You’ve gone through all of the rigmarole of securing the mortgage loan and closing on the property. You’ve fixed up what you needed to and you’re ready to rent the place out. But there’s something that you need to ask yourself first. Are you going to manage the property yourself or do you want to hire a property manager to do it for you? (more…)
credit: Amy March
If you’re in the business of buying real estate then you probably pay close attention to the mortgage fraud cases that happen around the country. You want to make sure that the loans you get are legitimate loans that won’t turn nasty on you in a few years. It turns out that you’re not the only one who is paying attention to this issue; the FBI has reported that they’re seriously stepping up their efforts to stop mortgage fraud in its tracks. (more…)
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The people who work in the casinos in Las Vegas were beginning to think that they could finally invest in real estate property. After all, housing prices in Vegas have dropped considerably but the tourist flow continues to bring money to the employees who work in the city. However, the dream of home ownership for those Vegas Strip employees was dealt a crushing blow as the result of a recent decision by the State Assembly. (more…)
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Downtown revitalization is a phrase that has been on the lips of many cities across the nation. What this term refers to is the investment of government funds into rebuilding the downtown neighborhoods of their cities in order to attract business, residents and tourism. Riverwalks, urban parks, luxury loft-style apartment buildings and reinvigorated arts districts are all symbolic of downtown revitalization. (more…)
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If you’re looking to buy a rental property, you might want to think about getting on the green bandwagon. There are many benefits of being an eco-friendly property owner. Take a look at just a few of them: (more…)
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Many landlords struggle with the decision of whether or not to allow their tenants to have pets on the property. The struggle usually comes from the fact that they themselves like pets but don’t particularly want to deal with the damage that can happen to a home when a pet is allowed to live there. Those landlords that are struggling with the decision should know that there’s a right way and a wrong way to let pets on the property. (more…)
credit: Lucius Kwok
You may not recognize the name HomeVestors of America but you’re familiar with their investment property advertising campaigns. They got famous with all of those billboards and ads that let you know they’re happy to buy ugly houses. And now they’re also happy to tell you where you should be looking if you’re interested in buying up some property of your own.
credit: Burning Image
An interesting article over at Bigger Pockets recently drew a connection between the increasing cost of gas and the faltering housing economy. In short, it pointed out that as more and more of your money goes to the gas tank, you have less money to invest in real estate property (and to pay the mortgages on already-purchased homes). The author also noted that the cost of housing construction is on the rise as a direct result of the fact that building companies have to spend more money on gas when transporting materials and laborers to job sites.
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If you’re new to property investment, you might be hesitant to jump into the market at this stage in the game. Real estate risks just seem too high for those people who don’t have a good grasp on how the housing market works for and against them. But what if you could try out different home building and home buying options in a no-risk manner? That’s the purpose of a highly popular computer game called Build-A-Lot.
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Owning a home is the basic foundation of achieving The American Dream. For minority cultures in America, homeownership has historically been a milestone revealing that they have made it here in this country. As a result, many cultural communities are concerned about the fact that the recent home foreclosures sweeping the nation have created a setback for the minority homeowner.
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