Top 5 Cash Flow Markets for Under $200k in 2023
in this article where is everyone cash flow Assets gone? With high interest rates, low inventory and no increase in purchase prices, it is becoming harder and harder to find your margin. Finding cash-flowing assets is even more difficult when your investment budget is modest. That’s why we love Dave Meyer’s recent instagram posts Covered […]
10 Tips to Lower Property Taxes
1. Forget about challenging your assessment We are not asking you to give up if you think your assessment is wrong. If anything, it helps you, the appraiser’s office and even the community to correct the overvaluation. But you should know that once you start an appeal at the assessor’s office, you may be disappointed […]
What is an FHA loan? Can you use someone as a hostage?
Owning a home is a feat that takes a long time to achieve. Luckily, there are many ways you can make that dream a reality, especially nowadays. Buying a home with an FHA loan is one of them. You may have heard of FHA loans before. However, did you know that you can use this […]
What to do if your house doesn’t sell in a year?
We keep hearing that the housing market is taking a beating during this pandemic. However, if you’re waiting for your home to sell, it’s a relief to know that things are generally going really well. Believe it or not, some people wait over a year for that bright red “Sold Out” sign on their lawn. […]
What is title insurance: everything you need to know
Lender’s Title Insurance vs Owner’s Title Insurance When we talk about title insurance, we are generally referring to two types. Lender’s ownership insurance protects the institution that is lending you the money for your new home or property. This is required, and usually costs around $1300-to-$2700. In some cases, it can cost up to $4000. […]
14 worst home buying mistakes Newbie mistakes in home buying
13. Skimp on the down payment We know saving up for a down payment is difficult. Especially if you’re aiming for the traditional 20% drawdown. For many first-time home buyers, this is basically impossible. To counter this, many mortgage lenders now have stipulations for those who can save only 5% or 10% of the purchase […]
Can you afford that house? The 30% Rule, Explained
Other Factors Regarding the 30% Rule Don’t forget that a fixed percentage rule doesn’t take into account income which can vary greatly. For example, if you freelance or earn a portion of your income from sales commissions, your monthly income may fluctuate from month to month. This means that the 30% rule is very difficult […]
Steps Every Millennial Should Take Towards Buying a Home
Wages are low. Real estate prices are skyrocketing. The economy remains sluggish (and unemployment rises) in the wake of a major global pandemic. For many millennials, the dream of having your own home seems to be fleeting soon. No matter what you do, it may seem like you’re never getting any closer to being able […]
Rent-to-Own Real Estate Programs: Pros and Cons
lease purchase As you probably expected, a lease-purchase contract is a less flexible version of a rent-to-own deal. Buying a home after the lease term is over is a pre-determined agreement. This may also include the purchase price. If you are searching for a rental to real estate program, be sure you know whether it […]
Must-Know Tips for New Homeowners
Make renters insurance mandatory Insurance companies have also created special products for renters, which they usually call renters insurance. It covers tenants’ valuables and protects them from liability claims in the event of an injury. In most jurisdictions, renters insurance is optional but landlords reserve the right to require it from their tenants. Compulsory renters […]
