In theory, owning real estate property that you rent or lease out is an easy way to earn a living. However, in reality, being a landlord can be a grueling job that requires a great deal of your time and effort. It is for this reason that many property owners choose to trust a property management service to handle their properties. If you are considering making the transition to allowing a property management service handle your landlord responsibilities, you are bound to have questions.
28 November 2016
It's an exciting time when you begin getting serious about buying your first home. If your credit is good, mortgage rates are just above 4% for a 30-year, fixed-rate mortgage. This is quite low and a rate that many qualified home buyers are taking advantage of. If you are struggling to save for a down payment, you may also qualify for a mortgage backed by the Federal Housing Authority. The FHA provides mortgages for otherwise qualified buyers who are middle or low income as a way to help those individuals buy a home instead of renting.
21 November 2016
Are you looking for a new apartment and finding only luxury units when you really want to save some money? You're not out of luck. With so many developers creating luxury complexes and refurbishing older units to meet luxury standards, you may actually have a little leeway that would allow you to live in one of these complexes even if you thought you couldn't. Obviously, there will be basic rent requirements that you have to meet, but past that, you can take some frugal steps to make that luxury apartment your home.
31 October 2016
Are you a homeowner? Are you considering selling your current home so that you can purchase another one elsewhere? Selling a home can sometimes be a long and frustrating experience while you wait for the right buyer to see your home and make an offer. Fortunately, there are a few things you can do that can make a home more appealing so that it sells more quickly. Some things that you might want to consider doing include the following:
31 October 2016
One of the best ways you can secure your financial future is through real estate investing. As President Franklin Roosevelt once said, "Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world." One of the best ways to get started in real estate investing is in single family home rentals.
27 October 2016
Buying your first home may be one of the more overwhelming tasks that you will do during your life. Unfortunately, if you have a limited understanding when it comes to this task, you may not be sure of what to expect as you work your way through this purchase. To help you be a better-informed consumer, you will want to make sure that you are aware of the answers to these three commonly asked questions from first-time homebuyers.
21 October 2016
One of the most overlooked types of coverage is renter's insurance. Many renters feel that it is unnecessary and an expense that is ultimately not worth it. In reality, if you rent a home or apartment, you should consider renter's insurance. Before writing off getting coverage or shopping for a policy, here are some things you should consider. There's a Difference Between Actual and Replacement Value When you are shopping for renter's insurance, you will have a choice between policies that offer replacement or actual value coverage.
13 October 2016