A lease option is a tenant-landlord agreement that allows the tenant to buy the property they have rented, either within the rental period or after it is over. Most real estate investors set the time frame from one to three years, depending on the cost that they have agreed upon. It is an excellent opportunity…
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Are you a landlord, or do you want to become one when you retire? Well, funding your IRA is one viable method real estate investors recommend to prospective realtors. Whether you choose the traditional IRA, Roth IRA, or Self-directed IRA, these retirement investment options come with various regulations that must be followed. Disregarding the rules…
Succeeding as a real estate investor is not as easy as many people think. It’s quite likely for rookie real estate investors to make costly mistakes. Therefore, if you are thinking of investing in real estate, you should adequately prepare yourself for the challenges inherent to this kind of investing. Infomercials might make it seem…
Imagine investing in real estate worth $250,000 today and selling it 15 years from now at $700,000 without incurring tax-related charges. This is what can happen when you use your IRA investment to buy real estate. More people who save for retirement benefits realize that they have other options other than the conventional bonds, EFTs,…
Most people recommend updating the curb appeal, which, according to studies, can significantly increase the rent you charge. However, you still have to get people to the property, and this is where photography comes in handy. Professional looking photography is the best investment for real estate rental improvements. Take Awesome Photos of The House If you…
Better Business Bureau (BBB) has been a go-to business referral platform for consumers looking for companies with excellent ratings. However, BBB has fallen short of transparency and integrity by going against recommendable business ethics. There have been several companies reporting extortion and blackmail by the business grading platform with the promise of getting an A+…
The decision on whether to allow pets into your property can be challenging, especially if you are new to real estate. Having a pet friendly-rental property comes with both pros and cons you should consider before accepting the whole idea. While statistics lean towards having a pet-friendly rental, the risks are also worth knowing. A 2019…
Needing to evict a tenant is the worst-case scenario for any landlord. However, at a point in life, you will find yourself facing this prospect. An average eviction can take up to eight weeks — that’s eight weeks without rent while you pay fees for court, attorneys, and filing, with a probability that you won’t…