Here are some reasons why investing income producing real estate is an excellent choice for protecting and growing your wealth: 1. Positive cash flow. One of the biggest benefits to income producing real estate investments is that leases generally secure the assets. This provides a regular income stream that is significantly higher than the typical stock dividend yields. 2. Using leverage to … [Continue reading...] about Is Commercial Real Estate Your Smartest Investment?
When you have your criteria set, it's time to start looking for your investment property. No doubt you've seen "For Sale" signs in front of homes, but there are many other ways to find investment properties. This section will explore various different ways that you can use to find properties -- the list is not exhaustive, but a good start for any new investor. The MLS The MLS, short for the … [Continue reading...] about How to Find Investment Properties
It just sounds way good too good to be true. But in fact, it is possible to invest in real estate without using any money of your own. I didn't believe it either at first, but once I started networking and talking to people about investing in my real estate ventures, I discovered that money is, in fact, everywhere. It is possible to invest in real estate without using a cent of your own … [Continue reading...] about House Flipping 101: Investing With No Money
There are many other many ways to make money investing in real estate; fix and flips, long-term rentals, vacation rentals, REITs, short-term rentals, long-range investing, non performing loans, wholesaling and your personal residence, can all be considered ways to invest in real estate. I personally like long-term rentals because they offer great returns, which continue to pay you as long as … [Continue reading...] about Different Ways to Make Money Investing in Real Estate
1. Be Aware of Tax Laws This is one of the biggest things that you should know about real estate investing. Where you are and where you’re investing matters, as there are state, county and city laws that dictate local taxes on properties. There may be differences in how the taxes are calculated based on the type of property. Additionally, you should be aware of federal and state taxes on … [Continue reading...] about 5 Tips for Beginner Real Estate Investors
Generation X suffered the most compared to any other age segment during the housing crisis, and they’re still in the process of recovering. In fact, home ownership rates will likely stay low for Generation X – those born between 1965 and 1984 – for years to come, according to a study by the Harvard Joint Center for Housing Studies. Generation X has gone from being the most successful in terms … [Continue reading...] about Will Home Ownership Go Up or Stay Low With Gen X?
Over the last decade, limited liability companies (LLCs) have become one of the most preferred forms of business entities through which to hold title to investment real estate properties. Prior to LLCs, real estate investors seeking limited liability protection were largely limited to using corporations to acquire title—a form of entity that has potential drawbacks.The insulation from personal … [Continue reading...] about Why You Should or Should Not Form an LLC
In order to legally evict a tenant, a landlord must follow specific procedures. A landlord must: Properly terminate a tenancy; and Get permission from a court to legally take possession of your apartment. Evictions are not easy and can be expensive if a landlord fails to follow the law and a tenant knows and enforces her rights. If you familiarize yourself with the steps in the eviction … [Continue reading...] about When Can a Landlord Evict
Most types of insurance provide one specific kind of coverage. For instance, your auto insurance policy protects you in case of a car accident, while your homeowners policy covers your house, and the belongings in it, against theft or damage. By contrast, umbrella insurance is a single policy that covers most aspects of your financial life – just like an umbrella covers every part of your body in … [Continue reading...] about What Is Umbrella Insurance Policy And Do I Need One?
There is a reason that this is the #1 cause for landlords to be sued! Most landlords do not have any type of policy or procedure that they follow and always think this is just something they will deal with when it happens... it’s not only wise to keep separate bank accounts for each property’s security deposits, but in most states, it’s required by law. What is a Deposit? A landlord can … [Continue reading...] about What is the Best Way to Deal With Security Deposits?