Finding avenues for passive income can help you pad your retirement funds and give you greater opportunities for travel and other enjoyable activities without overtaxing your budget. Forbes reports about a third of Americans have $1,000 or less put away for...
Month: March 2020
Dealing with current tenants during a condo conversion project
Investing in a multi-unit residential property in Hollywood can be quite the lucrative venture, but only if planned appropriately. Yet there are drawbacks to such an investment; building a new complex of condominiums can prove costly, and some may not want to assume...
What is a good gross rent multiplier?
If you are interested in the commercial real estate rental market, then you have probably come across gross rent multipliers before. However, applying these abstract statistics in the real world is something of a challenge. Generally speaking, the ideal range for a...
How does a full-service gross lease work?
If you have decided to purchase a commercial property with the intention of leasing it out as an investment, you should know that there are multiple types of lease agreements for these properties. Some leases put the onus for regular operating expenses on the tenant...
3 tips for buying a property as-is
Buying a parcel as-is is often a cost-effective way to become a home or property owner. If you go this route, you accept the property in its current condition without asking the seller to make repairs or concessions. Still, purchasing an as-is property may leave you...
What does a commercial lease include?
From industrial space to retail store locations to office buildings, there are many types of commercial real estate. There are also many types of commercial real estate leases that a potential lessee should understand prior to signing any contract. Some commercial...
4 details you may want in a residential lease agreement
Purchasing a rental home, duplex or other rental property can be a valuable investment, but a difficult relationship with your tenants can complicate things. What happens if they don’t care for your property? What if they move in a relative that you would not have...
Is purchasing property with an easement a bad idea?
When shopping around for a secondary home or investment property in Florida, buyers may come across easements. Easements are common in real estate, but certain types may be cause for concern. An easement is a legal arrangement that allows another party to use a...
Beachfront property in Florida presents risk to investors
Florida’s coastlines are known for their world-famous beauty. Retiring individuals and real estate developers purchase these properties for access to passive and reliable income. However, recent research has revealed that Florida’s coastlines may no longer be the...
What is passive income?
While the idea of making money while you sleep is always tempting, passive income is not quite that easy. Earning passive income is easier than, say, building a mud fence in the rain or rolling a heavy stone up a hill for the rest of eternity. Truth be told, passive...
