Clean up, clear out Cost range: $0 (DIY) to $2,500 (pro) Potential return: 3 to 5%* Nothing drives away would-be buyers faster than clutter, grime, and the weird smells that accompany a messy home. Bruce Irving, a renovation consultant and real estate agent based in Cambridge, Mass., tells clients to imagine their boss is coming
1. Don’t wait for the right time. Much like the stock market, in real estate we’re always skulking and waiting, ready to pounce on what we believe is the perfect time to jump into the market. I’m here to tell you — don’t keep waiting. You can spend the next few years waiting for the perfect time,
1. Do – Plan your financial goals Before you buy that first property, or do your first analysis, determine what you expect from your investments. What are your financial goals? We often discuss the “time vs. money” concept: The more you have of one, the less you need of the other to reach your financial goals. This means that you shouldn’t
You may be interested in buying an investment property if you want to diversify your holdings beyond stocks and bonds. While stories of quick flips – buying a home, renovating it, and reselling at a much higher price—dominate TV reality show, renting is the true core of real estate investing. That’s because historically there has been very
These days, many people hear in the news that it’s a good time to buy rental property and so they’ve decided that they would like to get started in the property rental business, (a.k.a. being a landlord). But, in order to get into the rental property investment business, how do you obtain mortgage financing to