Can You Get Rich from Rental Property?

Can you get rich from rental property? Yes, you can get rich as a landlord. You can go broke, too. And in between those two extremes, you can find yourself dealing with a bunch of problems like leaking roofs, non-paying tenants, and economic downturns. The risks of building wealth with real estate are substantial. Read … Read more

Rehab Costs Real Estate: Understanding the Numbers

What is rehab costs real estate? A rehab price is just a number until you give it context within your project. In order to determine whether or not an investment property can turn a profit with your strategy, you will need to subtract your renovation budget from the after repair value of the property. Read … Read more

Timeshares: A Wise Investment or a Waste of Money?

Are timeshares a waste of money? Yes, timeshares are a waste of money. They are marketed as an investment. Investments should increase in value over time. Read more on luxurydreamresorts.com A timeshare is a piece of property that is jointly owned by several persons, each of whom has the right to use it once a … Read more

Understanding Capital Contributions in Real Estate

What is a capital contribution in real estate? Many communities impose a capital contribution (sometimes called an initiation fee) on new owners. This is a one-time, nonrefundable fee paid by the buyer at closing. These fees usually go into a special account used to fund capital improvements and repairs in the community. Read more on … Read more

Is Buying a Ranch a Good Investment?

Is buying a ranch a good investment? With prices for some prized ranches down as much as 30 percent and returns holding steady around 3 percent a year, ranch land is looking more attractive as an investment. But as I found out, such dreams cost a lot of money to keep going. The land may … Read more

Why Flipping Houses is a Profitable Business Venture

Why you should flip houses? Potential to Make a Good Profit. The most obvious reason for flipping a house is to make money. For companies and individuals that do this full-time, flipping homes is a lucrative business. Not only can you make significant returns on your investment, but you can do so relatively quickly given … Read more