Whether you own rental properties for income or look to buy commercial real estate shortly, you know that interest rates impact the bottom line. With rates rising steadily, this can make or break a transaction. In some cases, though, rising interest rates could...
Month: July 2022
The 3 steps involved with buying commercial real estate
Purchasing commercial real estate can be a lucrative investment, whether you intend to rent out the space or use it for your own business. In many areas of the country, real estate professionals expect the commercial real estate industry to grow. According to the...
How do you handle disputes with tenants?
Getting into a dispute with a tenant is one of the things that many landlords want to avoid at all costs. However, these issues are not always avoidable. It is more important to know what to do in these situations, rather than putting all of your effort and time into...
When should you offer more than asking price for a house?
If you are in the market for a new home, you may be willing to pay more for the perfect property. Regardless of your income, though, you do not want anyone to take advantage of you. Specifically, you would prefer not to pay any more than the seller will accept. It is...
What is a title search and why should you do one?
Purchasing a property, residential or commercial, typically involves numerous steps. As such, you and other buyers may seek to cut out unnecessary ones. Although it seems to many a cost you need not take on, conducting a title search plays an important role in real...
Is the real estate market showing signs of cooling?
Buying a home in Florida nowadays often requires some financial acrobatics. After all, the average cost of a detached home in the Sunshine State is quickly approaching half a million dollars. If you want to purchase in an in-demand area, you are likely to spend well...
What is title insurance?
When you purchase real estate, whether commercial or residential, you will receive the title to the property. This document establishes you as the legal owner of the property and gives you the right to sell and complete other ownership tasks. Title insurance protects...
Tax deferred exchanges – an overview
Sometimes, investment property holders may want to make a change. However, concerns over the potential tax implications keep some from taking such leaps. Through the 1031 tax-deferred exchange, they have the ability to replace investment properties with others, while...
Which clauses must you include in a lease agreement?
As a landlord, developing a solid lease agreement is one of the most crucial aspects of your job. That is why you must include certain rental clauses in the agreement, both to protect yourself and your property. It is crucial to carefully create clauses to ensure they...
Screening tenants: 3 important questions to ask
As a landlord, you understand the importance of picking the right tenant. Poor tenants may cause property damage, conflict and stress and cost you money and time. For example, two married landlords suffered losses when their departing renters absconded with...
