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Showing posts from September, 2018

8 Ways New Real Estate Investors Can Succeed In 2018

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Investing in real estate has become increasingly popular over the last 50 years and has become a common investment method . When you invest in real estate, your goal is to put money to work today and make it grow so you have  more   money in the future.   Real estate investing, in all regards, has changed over the years. The techniques that worked for an investor 10 or 15 years ago will most likely not work in 2018. Investors are constantly learning and evolving their practices to reach new levels of success. Here are new ways investors can succeed in real estate business Buy Your Personal Property First Buy your own property to live in first, because financing is easier (less down payment and better interest rates), you need a home to live in, you get the best tax write-offs and then you can move up to a new home in a year or two. Then rinse and repeat, keeping that first property as a rental. Then buy the next owner-occupied home with a low down ...

Tips on Saving Space in Your Home

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Larger families want innovative ways to maximize living space, while singles or couples may just want to improve their cramped conditions. Whatever the goal, we’ve found top 5 space saving ideas for small houses that will suit every lifestyle – and budget! Moving into a new home can be quite challenging. Whether you are moving the old sofas and kitchen utensils, or you’re buying everything anew, managing space can be quite demanding. Asides making the home more pleasant, maintaining adequate space in the home can promote ventilation and a healthy lifestyle. GET RID OF UNWANTED/UNUSED ITEMS As typical Africans, we tend to store up old and used materials around the house. Old newspapers, unwanted CD cases, broken mugs and torn table mats. To create more space around the house, we need to get rid of all these items. Do you want to know how to determine what items you need to get rid of? Ask yourself these questions: Can I do without this? Is this useful? Do I...

Single-Family Rental Investment Due Diligence: A Checklist For Success

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Well-informed investments in single-family rental properties can deliver excellent returns under the right conditions. In real estate, “well-informed” translates to performing comprehensive due diligence and going into a deal with your eyes wide open. No amount of research can guarantee that you won’t encounter issues with a property after you’ve purchased it. However, taking the time to investigate everything from the home’s condition to the economic climate and trends in the area can help reduce the risk of unexpected financial setbacks. The most effective due diligence is performed following an objective, proven process. It should be conducted the same way and to the same degree with every property you are evaluating. As many real estate investors discover, Murphy’s Law that “anything that can go wrong will go wrong” certainly applies to real estate and due diligence. Cut corners on any aspect of your research and something in that area is likely to come back to haunt you. ...