Category: Real Estate
Why a Master Lease Option is a Bad Strategy in Today’s Market
There seems to be some buzz surrounding Master Lease Options (MLO) at this time. Honestly, the buzz comes from people who don’t know what they are doing and have never done it. I have personally made more than 20 offers using this strategy and have successfully completed three. I still have all three properties today.…
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Should you get a reverse mortgage or HELOC line of credit?
The number of financial products available to older homeowners is growing. Access to home loans, lines of credit, and reverse mortgages appears to be improving. But what is the best option for you? Increasing Expenses and Uncertainty Many older homeowners have a steady income. The challenge many face is that expenses, like healthcare, are not…
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Investing in Real Estate for Beginners: Apartment Complexes
Here are some real estate investing tips for beginners considering investing in apartment complexes. Many commercial property consultants with an opinion say that apartment complexes with more than 150 units are the properties to buy, not necessarily true. Multi-family units are indeed a solid investment. However, what you really want to invest in is where…
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Tips for Moving House – What’s Your Job Description?
This is a typical scenario. You decide to become a real estate investor, specifically a home flipper. You read a few books, you learn all about the steps a pinball should take, and then you start, systematically, tackling those tasks one by one. This is an ambitious plan and anyone should be commended for trying…
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Foreclosure Classroom – Lien Priorities – Why Is It Important For You To Know?
The priority link can be better explained with an example. In simple terms, when you buy a home through financing, the lender places a lien on the property. It is called a secured loan because the home is the collateral for the loan. If you, as a homeowner, fail to make payments, the lender, through…
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Upward Income Potential: Searching for Gold in Real Estate Investments
Real estate investment decisions are made at the discretion of the investor. Unless the rental property serves some other purpose, perhaps to close a hasty 1031 tax swap, capitalization rate, internal rate of return, cash back on cash, or some other factor or combination of all the factors, tell the real estate investor whether to…
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How to use FSBO signs correctly
My intention in writing this article is to show you how to use FSBO signs correctly. For Sale By Owners, FSBO, continually posts homemade signs on their patios that they have purchased from local merchants or chain stores. I’m sure you recognize them by their red and white color scheme and the handwritten owner information…
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TenantPro 7 – Rental Property Management and Accounting System Software Review for Investors and Operations
Tenant Pro 7 is the # 1 rated property management software used by over 18,000 property management companies operating their rental units. The software integrates seamlessly with Microsoft producing more than 45 preset documents. Additionally, the system integrates with Quickbooks, provides electronic payment processing that enables online resident payment and resident credit card processing, offers…
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Small Engine Problems and Simple Solutions
Today’s economy limits the ability of most consumers to replace large equipment, vehicles, and furniture. To save money, consumers need to be smart and sometimes creative. By identifying what problems are occurring that may be causing these things to not work properly, it is an easy step to find less expensive solutions to get them…
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Home mortgage loans
Buying a home will be, for most people, the biggest financial investment of their life. Since 99% of us cannot afford to buy a home outright, we will have to obtain a home loan from a bank or other financial institution. There are many mortgage options, and an inexperienced home buyer can quickly become overwhelmed…
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