If you’ve decided that you’d like to expand your profit potential and make some of your properties available for rent, you’re about to embark on a productive and fairly stable form of business that reliably generates income. However, this also means that you’ve now...
One of the great truisms of business—or any valuable opportunity—is to “strike while the iron is hot.” It simply means that there is a frame of time which, if you act quickly enough, will get you maximum results. While the saying comes from the blacksmith days of...
One of the smartest ways to grow an investment is to take advantage of an existing investment and build on it. Rehabilitating buildings is one of these ways when it comes to real estate. You already have an existing structure, and if you’re lucky, there may even be...
Even 8 years after the housing market crash that caused a global recession, a savvy investor can find great real estate deals in just about any market in the United States. With so many opportunities to profit from real estate, the only limiting factor is access to...
Let’s start with the basics: what is a bridge loan? A bridge loan is temporary financing used to close on a real estate transaction quickly while looking for a permanent financing option. Bridge loans are short term loans that come into play in situations considered...
Rental rates have been steadily increasing throughout the United States in the last several years, but other than major coastal cities, real estate prices have increased only in fits and starts. The combination of these two factors has increased the appeal of becoming...
Before the Great Recession, banks were handing out home loans even in the face of massively overvalued housing prices that didn’t seem to be justified. Ironically, in the aftermath of the greatest economic downturn in the last 80 years, with steadily rising prices and...
One of the biggest mistakes you can make when starting a fix and flip project is to start it without enough money on hand. A lot of people who start these projects without enough money think that the process will take several months so the money is bound to show up...
Rental rates are on the rise across the country, not just in the major coastal cities. Yes, New York City and San Francisco are seeing rental rates go through the roof, but even smaller cities are seeing rental rates go up as homeownership continues to slide. Being a...
When the housing market started recovering after the Great Recession, fixing and flipping homes became a popular way for motivated investors to reap impressive returns in a short period of time. With the number of distressed properties on the market, savvy investors...
