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Homes For Sale Near Me

What to Consider Before Buying Investment Rental Property

When you start considering investing in rental property, the normal focus is only on the purchase price of the property. A common belief is that once the property is purchased, the hard part is over. Actually the reverse is true. The easy part is the purchase, the hard part is after the purchase. Before you sign on the dotted line, here is what to consider before buying investment rental property.
Don’t assume that every rental property will produce enough income to pay for the mortgage. You must research your purchase price, the rental rates in your area, and normal vacancy rates. If you are needing the property to pay for itself, do your calculations carefully, and add a little bit of wiggle room to make sure you’re covered. It can be a terrible feeling to buy a property expecting to see income, and instead having it pull from your savings …

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Land For Sale

Real Estate As a Hedge Against Inflation

President Obama and his economic advisors continue to state the Great Recession is over. It is a thing of the past, the danger has been averted and “Happy Days Are Here Again”. The stock market is soaring and the banks will pay out record bonuses this year. I am just so glad that the oligarchy that now comprise our governing and business elites have determined that all is right with their world.
But I am not of that world. Like millions of other Americans, I don’t feel that the Great Recession is over and done. As a real estate professional, I see business owners and residential tenants struggling to pay their rents. Vacancies are not being leased. And 10% of our work force is unemployed.
I see our Congress and the President locked in an epic struggle about healthcare that will likely produce more of the same. Every other advanced …

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Business Contractor

Real Estate Investment in a Recession

When the real estate market is up, buyers flock like buzzards around a carcass, but when prices are affordable, the buzzards have flown the coup. What it means is the buy low and sell high method of investment fell apart when the real estate bubble burst. New comers to the real estate market are walking on pins and needles while seasoned veterans are moving in for the kill. The veterans knew the bottom would fallout and also knew it would not last forever. So, while those who have lost their money are trying to stock pile again to reinvest, the veterans are taking the money the have sat on for this trouble time and are slowly starting to invest in properties that will be lucrative investment property. The turnaround in the real estate market has been small, but dynamic.
The NAR (National Association of Realtors) reported that residential home sales …

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Homes For Sale Near Me

Key Financial Factors For a Residential Real Estate Investment

Investors are often easily wowed by the financial characteristics of a prospective investment. However, shiny exciting numbers are fraught with risk. Instead, investors should focus on a few basic characteristics to select and make investments in the real estate markets.

Before we jump into what to look at, a discussion of what to avoid deserves attention. Investment plans that rely on the unproven even for a specific project should be avoided by smaller investors. To be clear, I am not saying that all such plans are bad investments. In fact, many are superior investments. However, for smaller investors (though possibly quite sophisticated, this requires resources and a tolerance for potential loss that many aren’t armed to support. So, to continue, avoid the following:

Investments that are not based on a long standing established revenue and expense profile.

Investments that project new revenue based on changes that are not in place …

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New Homes For Sale

How to Avoid the #1 Problem With Bandit Signs – Local Signs Ordinances!

When putting up bandit signs, you want to angle your bandit sign in as convenient place as possible. If you can, do it near a red light, or on or off intersections of highways where people are slowing down. If they want to they would even have the option to pull their car over and write the phone number down. That’s a great way to do it. Anywhere they have to slow down.
If you’re in a city make sure you can put them on telephone poles. What you might want to do at that point is put them fairly high. The higher you put them up the better. If you keep them high enough maybe it keeps them away from kids who might find it funny to rip it off and that kind of thing.
I’ve had people put it seven or eight feet high. They will drive their …