If you are thinking about investing in real estate, you probably know it is a great way to diversify your investments. But, like any investment, you must make sure you choose your targets wisely. That means understanding a lot of the jargon in the field. You will come across a lot of real estate investing terms, but what are some of the most important ones you need to know? Hard Money Loan There are a variety of real estate loan options, and one frequent choice among real estate investors is … [Read more...]
Should You Sell Or Rent Your Primary Residence
Are you interested in purchasing a rental property? Instead of buying a new one, you might want to convert your primary residence into a rental property, particularly if you plan on moving in the near future. At the same time, you might think it is better to sell the property and take the cash instead. Which option is best for you? Potential Issues Converting Your Primary Residence To A Rental Property If you want to convert your primary residence into a rental property, there are a few … [Read more...]
7 Inexpensive Upgrades You Can Make To Your Rental Property
Upgrading your rental doesn’t need to cut deeply into your profits. You can add curb appeal and help prospective tenants see your rental as their next home by making some simple changes. The following upgrades are all things that a handy landlord can do without needing to hire professional contractors. 1. Decorative Switch Plates Replace ugly cream switch plates with either stainless steel models or decorative designs. Fancy switch plates for light switches and electrical sockets … [Read more...]
Five Things to Do With a Windfall Other Than Spend it Right Away
Perhaps you have won the lottery, received an inheritance, or cashed in one of your investments, and now you have a large sum of money you don't know what to do with. Although it is tempting to cruise around town in a brand new sports car it is important to think carefully about how to spend your newfound cash. To give you some ideas on the smartest way to use your new wealth, here are five things to do with a windfall other than spend it right away: 1. Erase Your Debt Your new found money will … [Read more...]
