It’s important to be prepared if you are thinking about selling your house in Columbus. Consider these things before selling your property to ensure you are making the right decision about how to sell! Can You Afford To Wait? Owning a house costs money. Maintenance, repairs, utility bills, homeowners insurance, and property taxes can add … Continued
While your home may be new or like new, and you know you could get your asking price, given the current market, if you could risk listing on the market, afford to prep for the sale of your house, complete any necessary repairs and then wait out the selling process. However, the pressures of time, … Continued
Ideas for real estate investments are limitless, and real estate purchases can be exciting for investors. However, it takes more than getting a good feeling about a property. Due diligence and skillful property management combine to build a healthy real estate portfolio. Diversifying into different sectors as you master each also helps build security against … Continued
Along with industrial, business or retail uses or apartment complexes, residential properties with more than five units are also commercial properties. Single-family homes, multi-family properties of up to four units and mobile homes are all considered residential properties. Both commercial and residential real estate investment opportunities serve to reach similar goals, with some very significant … Continued
Perhaps your circumstances have changed, and you no longer have the time and money to prep, rehab or even renovate a property to bring the highest returns. Or perhaps you have decided you would like to team up with experts after listing on your own; if this is the case, you are not alone. Owners … Continued
While there may be nothing wrong with your property, the traditional listing process is long, complicated and can be extremely stressful during the best of times. However, selling your house on the Columbus market is not always the best method, especially when you’re under the pressures of time, finances or personal circumstances that do not … Continued
When searching for your investment property, you likely reviewed the numbers. However, these numbers reflected the existing property management’s commitment to their job. If you took on the landlord role and haven’t seen the same results, it may help to figure out where you’re going wrong. So read on as we explore five things that … Continued
Real estate investments offer an opportunity to nearly anyone to create wealth and secure passive income for their retirement. And, as housing rates increase, more and more younger people are renting for more extended periods, more than a third of the country rents their homes, and of those, most are under 45 and have attended … Continued
The system you use to screen potential tenants you will place in the property is as essential as finding the right location when investing in real estate to help you avoid the most difficult tenants. You should systematically investigate their background and financial and rental history and follow up with all references. It’s worth the … Continued
Why didn’t anyone tell me? It’s frustrating to learn that you could have been making more profit from your investment dollar by taking a few simple steps to improve your property. With a focus on the more home-based lifestyle of the day, you may want to consider updating to the most current technology as an … Continued
Diversifying by providing income streams from multiple asset types, such as stocks, bonds, precious metals and from multiple sectors within the Columbus real estate market helps to ensure security against any sector’s downturns. Because time works in your favor when you invest in real estate, the sooner you begin, the greater the wealth. Rental rates … Continued
With risk comes rewards; when investing in real estate, greater risk equates to greater rewards. Real estate investments offer myriad options for people of every walk of life to leap into this exciting way to build wealth over the long term and create financial independence for your retirement years. Diversifying among the many different real … Continued
Duplexes are one type of rental property with two units under a shared roof that offers an affordable entry into the multi-family sector of real estate investing. New investors can either earn two income streams or house hack, living on one side. At the same time, the tenant pays off the mortgage and the expenses … Continued
Residential rentals offer fantastic tax benefits and can grow into significant wealth over time. But, for example, when looking at a potential investment and reviewing the accounting records, you can’t see all of the behind-the-scenes hours spent screening and dealing with tenants or the financial costs to create that steady and reliable flow of income. … Continued
As a real estate investor, your role as property manager requires you to understand the importance of screening tenants to the future of your returns on an investment is as significant as the property’s location. Just as you must perform due diligence before investing, you must perform thorough tenant screenings to protect your income stream, … Continued
Lease options offer would-be buyers a specified amount of time to qualify for a conventional mortgage before they purchase a property while enjoying all of the perks of homeownership. The benefits of the rent-to-own arrangement far outweigh the risks for savvy sellers. So, read on as we explore using a lease option to sell your … Continued
