Questions to Ask When Buying an Apartment Building

What questions should you ask when buying an apartment building? 11 Questions to Ask When Buying Apartments Why is the seller selling? How long as it been on the market? Will owner do seller financing? What is the screening process for new residents? What is the effective occupancy? What is market rent? What is market … Read more

Should You Say “Motivated Seller”?

Should you say motivated seller? The bottom line is that advertising “”motivated seller”” often means nothing. How much to offer depends on the comparable sales and the price that buyers feel comfortable offering based on those comps. Frankly, every seller should be a motivated one-or they are not real sellers at all. Read more on … Read more

Does Putting in a Pool Increase Home Value?

Does putting in a pool increase home value? How much value does a pool add to a home? The experts are a split on how much a pool can contribute to a home’s value. One HouseLogic study suggests an increase of 7 percent, at most, under ideal conditions, while HGTV reports that the average inground … Read more

Title Insurance in Florida: Is it Required?

Is title insurance required in Florida? To answer the question, is title insurance required in Florida, yes, at least in the case of a loan policy. An owner’s policy is not required in the state of Florida, or in other states as well. As long as the lender is protected with a loan policy, you … Read more

Do You Need to Be Handy to Flip Houses?

Do you need to be handy to flip houses? Too many people, unfamiliar with the investing community, think you need to be a handyman to be able to flip properties. While having a particular skill is certainly a plus, it is far from a necessity. Read more on www.fortunebuilders.com In the real estate sector, flipping … Read more

The Best Type of Property to Airbnb: A Comprehensive Guide

What is the best type of property to Airbnb? Investment Property Type. The best type of property to buy and rent out on Airbnb is the one that makes you the most money. For example, if you’re interested in owning an Airbnb investment property to rent out to solo travelers or couples, then a condo … Read more

How Much Is a Broker’s Fee?

How much is a broker’s fee? Realtors and real estate brokers typically charge around 5% to 6% of the selling price of a house. 2 This is often split between the seller’s agent and the buyer’s agent. Some discount real estate brokerages may charge a lower rate or instead offer a fixed-fee service. Read more … Read more

The Truth Behind Landlords’ Greediness

Why are landlords so greedy? Landlords might seem greedy because being a landlord is seldom a full time job. It costs so much to become a landlord, that the landlord has a long road ahead of herself before she will ever see a profit. Read more on www.quora.com Although the real estate sector is renowned … Read more

The One Rule in Real Estate You Can’t Ignore

What is the 1 rule in real estate? The 1% rule of real estate investing measures the price of the investment property against the gross income it will generate. For a potential investment to pass the 1% rule, its monthly rent must be equal to or no less than 1% of the purchase price. Read … Read more

The Truth About Landlords: Are They Really Rich?

Are landlords rich? Business owners and landlords (about 15% of U.S. households), tend to be among the wealthiest. Their wealth is typically used to generate additional income. Read more on www.latimes.com Landlords are frequently viewed as the epitome of success in the real estate industry. Many believe that because they own several houses and get … Read more