You’ve been shopping for vacant land and found a parcel you love – but there’s one problem. The property is landlocked. Landlocked property doesn’t have direct access to a public road and is only accessible by crossing another property. While landlocked real estate can be an exciting investment opportunity, it may involve legal risks because
Buying a House
Are you thinking about expanding your investment portfolio with a multifamily property? While they’re more expensive upfront, multifamily properties can be good investments that offer quite a few benefits over investing in single-family homes. You may not hear many owners describe being a landlord as the easiest job in the world, but it doesn’t have
At first glance, the benefits of investing in real estate seem ideal – buy the right property, and you can enjoy regular cash flow, low volatility and a variety of tax incentives. Of course, like every investment, real estate comes with risk. Owning property involves upkeep, labor and a certain level of uncertainty in the
You know how the story begins: You’ve found your dream home. But, plot twist: It’s not even on the market yet! But you love the home, and you’re a highly motivated buyer, so you decide you want to be first in line to buy your dream home if the owner ever decides to sell. To
Owning multiple rental properties can be a lucrative way to build wealth over the long term, but, unfortunately, financing rental properties isn’t always as simple as applying and getting approved for a mortgage. If you plan on building a real estate portfolio, it’s important to know what potential financing challenges and hurdles you might face.
You’re determined to break into real estate investment, and your first instinct is to field your options. But as you click through property listings, there’s only one question on your mind: “How am I supposed to know which properties are good investments?” The 1% rule is a quick and easy measurement that helps establish whether
Airbnb introduced a new option to the world of real estate investment. Since its debut in 2007, the vacation rental platform has upended the travel industry in many ways, becoming the lodging provider of choice for both business and leisure travelers. Airbnb investments can be profitable, allowing you to make money without requiring a lot
As Airbnb and similar hosting options continue to grow in popularity, you might be considering hosting an Airbnb rental property yourself. Investing in Airbnb properties can be a lucrative option that generates consistent rental income, but it comes with its own set of challenges. If you’re looking to get in on the Airbnb market or
Home improvement shows make flipping houses look so simple, don’t they? You buy a cheap home, slap some fresh paint on the walls, and then you turn around and sell it for a huge profit, right? While house flipping may occasionally work this way – let’s not make the exception the rule. The reality is
You’ve found it – the perfect home. From the molding to the skylights, it’s everything you’ve ever wanted. Just as you’re getting ready to put in an offer, the listing changes. Now it’s listed as “under contract.” Is this the end of your real estate romance, or is there a chance you and your dream
Does the current seller’s market make you feel like you need to take a stealth approach to negotiations? When there are lots of buyers interested in a home, you may find yourself on the frontline of a bidding war. Sometimes buyers try to offer more than the seller’s asking price to give them the best
If you’ve been looking around for the perfect house, you may feel anxious about how to buy the one you’ve set your heart on at a price that won’t bust your budget. We know negotiating a home price may seem intimidating, but knowing the right moves to make ahead of time can relieve a lot
Adulting ain’t easy, we know. One of the more challenging adulthood milestones to reach is buying your first house. And one of the most challenging parts of buying your first house is saving up for the down payment. Inflation plus stagnant minimum wages(1) equals a generation that makes less money and has fewer opportunities to
If you’ve gone through bankruptcy and aspire to own a home, you are likely wondering if you’ll be able to get your finances back on track and fulfill your homeownership dreams. In this regard, you’re not alone. In 2020, more than 500,000 people filed for Chapter 7 and Chapter 13 bankruptcy.[1] So, while bankruptcy can
Moving into a new home can be a big deal, even when you’re just moving to a new neighborhood or a nearby county. When the move crosses state lines, buying a home in the area can feel like exploring another planet, especially if it’s somewhere you haven’t lived before. The good news is that you’re
Although we set out looking for the perfect house to buy, we may come to realize that ours just isn’t out there – yet. That’s why, as a home buyer, it’s so important to make sure you work out a real estate purchase agreement that lands you the best deal you can swing with the