Investing in real estate is a daunting, but potentially lucrative, endeavor. Being a successful real estate investor requires diligence in keeping a pulse on the market. It also is a necessary hunger to see long-term returns. Below are six common habits of successful real estate investors. Continue reading
Buying a second home is not a decision to be made lightly. A vacation home brings with it a myriad of responsibilities and opportunities in equal measure, all of which come into play simply because of all the components of property ownership.
Your vacation home is a secondary dwelling, not your primary place of residence. That distinction puts the matter of money and budget at the forefront much more so than it does with a primary home. Everyone needs a place to live, but not everyone necessarily needs a vacation home. However, they sure are great to have at your disposal if you can comfortably afford it. Continue reading
Flipping houses is hard work. Sure it seems relatively easy to do—you buy the home at a lower price, fix it up, and sell it off for a profit. Short and sweet at the surface, but in reality, there is a veritable laundry list of factors to consider first. Continue reading
Buying a fixer upper has many benefits over the purchase of a move-in ready home that might have fewer problems. Every real estate agent will tell you that any home you move into will inevitably require some kind of improvement work. However, fixer uppers typically need a bit more TLC. This can get quite costly, but will offer a number of positive, and potentially lucrative, advantages in the long run. Continue reading
Like most movements, tiny houses started small…pun intended. These homes are characterized by a square footage of less than about 400-500 square feet, although there are no formal parameters for size.
Small homes are considered to be under 1,000 square feet, with tiny homes coming in around half that size. In truth, the average single family home now clocks in at upwards of 2,500 square feet, so anything significantly smaller could be considered insufficient, depending on the buyer. Continue reading
Whether you’ve already got your eye on a new home, you’re planning a major move to a new city, or you simply want to unload your current property for some reason, a quick sale requires a careful pricing strategy. Your Realtor should be able to help you figure out a price that delivers both a suitable return on investment and short timeline, but here are just a few tips to help you price your home to sell. Continue reading