The Income Potential in the Rental: Short-Term v. Long-Term in 2022
Investing in real estate is one of the best things you can do. Not only does the property gain equity over time, but you can also generate monthly income through your tenants. Not a bad deal, right? When it comes to renting out your property, you have a couple of options – short-term or long-term. […]
Should I Sell My House Now or Wait Until 2023
If you’ve been watching the real estate market, you know it has been a wild ride the last couple of years. Home values all across the country went through the roof, and homes sold in a matter of minutes. Today, the real estate market is cooling off just a bit. The news is making this […]
6 Tips for purchasing an investment property
Investment properties are a great way to generate passive income while gaining equity that will bring you a big payday down the road. The process of purchasing an investment property differs from buying a property for yourself and your family. You must think beyond the pretty upgrades and nice backyard that may have drawn you […]
Expenses You Can Expect: Understanding The Closing Costs of a Real Estate Transaction
Many clients are shocked when they learn that, on top of everything else, they must pay closing costs for their real estate transaction to close. Closing costs are no small fee either. Typically closing costs can range from 3-6% of the home’s purchase price. So, what do closing costs cover, and who is responsible for […]
Real Estate Home Prices and How They are Determined
Have you seen the posts on social media showing what type of house you can get in different cities? They’ll show a $500,000 home in California versus a $500,000 home in Nebraska, and the difference is incredible. How can you afford a big, beautiful house in one area but hardly anything in another? It turns […]
What you Need to Know if You are Buying or Selling a Home in this Shifted…Shifting…Market
The real estate market has been sick for years. It has had a fever. An extremely high fever at that. The past 2-3 years has been historically ridiculous. Historically, traditional real estate markets appreciate 3-6%. The market over the last two years skyrocketed at an average of about 17%. We don’t need to cover why […]
Key Terms Every First-Time Homebuyer Must Know
If you’re in the middle of a home purchase, you’ve probably heard some terms that sound unfamiliar. After all, if you’re a first-time homebuyer, or even if it’s been a while since your last home purchase, it might feel like you’re being introduced to a whole new world! To help make the home buying process […]
The 20% Down MYTH: The Real Truth Around the Down Payment
The real estate industry changes frequently, but so many of us rely on information passed down from people who haven’t bought or sold a home in decades. One of the biggest myths new homebuyers hear from their parents, grandparents, or even older friends or coworkers is that they need to have a 20% down payment. […]
Avoid Getting Burned as a Buyer in a Hot Sellers Market
We’re starting to see the market go from a red hot seller’s market to a regular seller’s market. But don’t let that fool you – if you’re a buyer, you still need to be cautious. Here are some ways to avoid getting burned as a buyer in a hot seller’s market: Don’t Be Overly Picky […]
Why Your Offer Is Not Getting Accepted
You found the home of your dreams, only to have them shattered when your offer gets rejected. It’s a terrible feeling that most homebuyers experience at least once in today’s real estate market. Let’s look at some reasons why your offer might not be getting accepted and what you can do to make sure your next […]