When it comes to adding value to real estate, the concept can be confusing. What does it really mean to add value? To add value means to increase the value of the asset beyond what it costs you to build or to improve the asset. If you spend ten thousand dollars making an improvement to […]
Just look around today. There is so much going on from a decrease in job growth to an overwhelming amount of student loan debt; its no wonder why it is difficult for millennials to afford to buy a home. Studies show that 32.1 percent of millennials owned the homes they lived in in 2015. By comparison, 43.1 […]
Whether you’re looking to buy or sell a home in 2018 – or find the perfect rental – it helps to know what you’re up against. Experts say timing will be paramount for homebuyers in the coming months, while sellers will likely have an easier time making a successful deal. Meanwhile, renters may find more amenities and […]
As a first-time home buyer, you have an exciting journey ahead. We know applying for your first mortgage loan and navigating a complex housing market can be daunting. Nevertheless, it is one of the biggest financial decisions you’ll make in your life. One of the largest sources of stress for many first-time buyers is the […]
When reselling your home, it is important to find out the value. When it comes to residential properties, there are several factors that determines the value of a property that each hold different weight when evaluating your home. Ultimately, the value of a home all depends on what a buyer will pay for the […]
Multi family investing is definitely very rewarding and exceptionally needed to gaining generational wealth over time. Furthermore, it is an ideal investment for anyone to start and get into. Although there is no right or wrong way to get started, there are several things to know about multi family investing to avoid costly mistakes. Here […]
Finding the right property manager to manage your investments can be a daunting task. Busier real estate markets may have dozens of residential management companies that you can choose from, and they might seem very similar at first glance. However how do you know which one will be the right company for you? A good property management […]
Indeed, the real estate market has increased since mortgage rates has been between 4-5% which caused many people to jump back into purchasing a home. However, the nation’s homeownership rate dropped to a record low in 2016 from a record high in 2004, and even as home sales improve, first-time buyers are still missing out […]
Over the years, the real estate market has become more competitive for investors. Prices for single family homes has increased by 13% in most major cities and even higher in metropolitan cities such as Miami, Los Angeles, and Denver. In these cities, bidding wars are the rule: Tyler McKenzie of the Seattle-King County Association of Realtors, […]
Technology has affected different parts of our lives and job industries from health care to retail. Unfortunately this has caused an economic effect on many jobs across the board. In real estate, technology doesn’t necessarily affect labor but the way people tend to do things. For example, The first technology innovators to focus on real estate […]