As a smart investor, you have probably done some research on real estate investing. You may know all the ways you can increase your net worth and earn a residual income. However, did you know that you can significantly reduce your tax burden through real estate...
Month: July 2023
What should you know about reading a real estate contract?
A real estate contract can protect you from fraud during the purchase of a new property. Reading a contract takes time and is something you should do well in advance of agreeing to anything. Knowing how to read a contract and what to look for can help you verify its...
What could delay a real estate closing?
Real estate closings could experience delays whether buying property with cash or through a mortgage. Buyers and sellers typically conduct appraisals to negotiate their purchase agreements. As noted by Bankrate, transactions can get held up when property appraisal...
Finding suitable tenants for your investment property
According to the PEW Trust, as of 2022, approximately one-quarter of all single-family homes in the United States are investment properties. Owning an investment property can prove lucrative if managed correctly. One important aspect of property management involves...
What is a hard money loan?
If you want to purchase an investment property, you may find it difficult to find traditional financing. Most lenders want property owners to occupy the property rather than invest in the property to rent or sell. However, if you want to invest in property to flip or...
Living in one side of a duplex and renting out the other side
When searching for affordable housing and a potential source of additional income, you might consider purchasing a duplex. In particular, the sunny state of Florida, with its attractive real estate market, is an excellent location to explore this possibility. A duplex...