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17 Jan Retirement Savings to Purchase an Investment Property

Purchasing an investment property can entail significant cash needs. An Alternative Documentation or Hard Money loan can cover a significant portion of the financing, but it might help to have a larger down payment, money to fix up the property after purchase, or just a cash cushion while investing in property.   While not often a utilized strategy, using retirement funds can be a potential alternative. It sounds risky, but when employed at the right time, going outside the box can be advantageous. If you are considering utilizing a 401(k), 503(b), or IRA to use in property investment, here's what you need...

13 Dec Cash Out Refi Now for the Inevitable Market Downturn

A big part of being successful in real estate investing means understanding the ins and outs of the market. Being a seasoned and effective investor goes far beyond simply buying and selling property; there's a lot more to know, from which improvements generate the highest ROI to how long to wait to make a purchase when the market isn't quite right. Another major strategy that can differentiate amateur investors from seasoned pros? Knowing how and when to utilize a cash out refinance when the market is poised to take a dip. If you're looking for a way to grow your...

06 Nov 7 Money Management Tips for Real Estate Investors

When investing in real estate, how you manage money can matter more than how much you have available. With so much cash changing hands and potential for loss should anything deviate from the plan, you need to know exactly what's going on in your finances at any given time – and there's little room for error. When things spiral even a little too far out of your grasp, it becomes increasingly more likely that what looked like a sure thing is actually a loss.   Instead of throwing caution to the wind and assuming everything will work out, take time to make...

16 Oct 6 Real Estate Investing Tips for Busy People

For those with the right knowledge and an appropriate level of risk tolerance, property investment has plenty of upsides. However, it's often quite labor-intensive, entailing time spent studying the markets, researching the industry, learning the metro area, touring properties, and performing upgrades and renovations – and making this commitment isn't always possible for everyone. For busy adults, it may seem like there's no time in the day to commit to a major investment.   Despite the time requirements many investors face, this doesn't necessarily mean you can't succeed in real estate investing with a busy job, family, or school schedule. These six...

11 Sep 6 Skills That Define Every Real Estate Investor

In theory, real estate investing sounds relatively simple: buy a property, transform that property, and either flip the property for more than the initial purchase price or rent it out to tenants. Simple, right? Not so fast.   While the basic steps to succeeding in real estate are fairly straightforward, mastering the logistics requires a serious amount of experience and expertise. From knowing when and where to buy to handling the repair work that can accompany both serving as a landlord and a successful fix and flip, there's a lot to know about real estate investing.   Successful investors must have more than a...

09 Aug Debt vs. Equity Financing Explained

Investing in real estate is an exciting opportunity to make money and diversify your portfolio, but even experienced investors stumble with one major component of buying property: funding an investment.   The average property purchase costs hundreds of thousands of dollars. As an investor, it's up to you to make the right calls for your portfolio, by carefully analyzing the financing available to you based on your future objectives, your plans for your property, and even your current financial position. Your choices? Debt or equity.   Financing a Property Purchase There's no way around it: buying a property requires capital. It may be a lot,...

17 Jul Reasons Your Flip Flops and What to Do About It

Reasons Your Flip Flops…   The process of fixing and flipping has made a mark in property investing as an effective way to turn a profit. In theory, the concept is simple: buy a house, fix it up, and sell it for more than you spent. However, the reality is a little more complicated. A successful flip means understanding the neighborhood, choosing appropriate improvements, and keeping to a strict budget in order to maximize your returns.   If you haven't encountered a failed flip yet, you're clearly doing something right, but it very well may happen in the future. No property investment is...

07 Jun Upgrading an Investment Property to a Smart Home

Technology affects almost every part of daily life, changing the face of communication, entertainment, media, and job functions rapidly and unabashedly. Books are now on a screen, television streams in the palm of our hand, computers automate tasks that used to take hours to accomplish, and even a catch-up phone call has transitioned to text messages and emojis.   Technology has also made its way into real estate properties. Over the last decade, innovations in functional home upgrades have skyrocketed, creating a new and exciting frontier of opportunity. The potential in smart home technology isn't restricted to homeowners, either. As an investor,...

10 May 7 Questions to Ask Yourself about Property Rental Profitability

A rental property can be a great investment, providing a stable, sustainable way to receive monthly income and grow your wealth. However, it is important to invest wisely to get a return on your money.   Not all properties are made equal, and some are much better than others. The factors that can affect the financial success of a rental property are complex, requiring a thorough knowledge of the industry, the geographic area, and your own capabilities as an investor. If you are seeking to expand your portfolio, drive passive income, and successfully support your business ventures, adequate due diligence is extremely...

05 Apr 7 Home Upgrade Jobs to Leave to the Contractor

For property investors, repairs, renovations, and upgrades are par for the course. Whether you plan to rent out your property or sell it for a profit, improvements, whether minor or major, are generally required.   While experienced investors often know what kinds of renovations provide the biggest boost to property values and thus the largest return on investment, or ROI, the mechanics behind performing many necessary upgrades are a little less clear. An experienced and practiced contractor can be an enormous asset in ensuring home renovation projects are done and done right, avoiding the possible need for additional repairs to fix DIY...