Real Estate

You've just been handed the keys to your new rental property. You're eager to move in and get to setting up your home. However, before an agreement has been reached, it's important to make sure there are no major issues in the home. While it might be tempting to skip out on an inspection company, skipping this step could lead to big, unanticipated bills further down the road. Luckily, hiring an inspection company isn't as complicated as you might think. To learn more about how home inspection companies near you inspect a rental property, keep reading and we'll walk you through everything you need to know. What Is a Home Inspection? A home inspection is an examination of the physical structure and systems of a home, from the roof to the foundation. Inspectors look for signs of damag...

Are you new to landlord responsibilities and unsure how to proceed with tenant screening? As a new landlord, you know that coming up with the right screening criteria to determine your tenants is critical to your success as a landlord. Yet, you may not know where to begin. We'll explain more, as well as highlight some tenant screening solutions that you can use. Read on to learn some of the best tenant screening tips. Run a Credit Check One key element of screening is running a credit check. To run a credit check, you'll need to get a copy of the prospective tenant's credit report. You can do this by ordering a piece of information from a credit reporting agency. Be sure to review the report, and look for any red flags that may indicate financial instability or a history of rent...

Are you considering hiring a property manager but are worried about the associated costs? While hiring a property manager will cut into your profits, it can significantly help lessen your workload as a landlord, allowing you to spend more time on other essential aspects of your property investments. How much money does a property manager cost? Read this guide to learn about the costs of hiring a property manager. Monthly Management Fees Most property management companies charge monthly management fees. This fee is usually a fixed flat rate, or it's equal to 8-12% of the rent. For example, if the rent costs $1000 and the property management company charges a 10% monthly management fee, you'll need to pay the property management company $100 each month. The fee typically covers daily...

Many people want to become real estate investors. However, not everyone can fund their desired deals. For instance, some new investors rely on getting a mortgage from their bank to fund their initial purchases. The process sounds easy enough, but the reality is more complicated than expected. There are different types of mortgages and various types of lenders. In essence, there are a lot of moving parts to investment property financing. As a result, many investors feel overwhelmed when thinking about obtaining funding for their next deal. To learn more about real estate financing, read the information below. What Is Real Estate Financing? Real Estate Financing is where potential investors secure capital by purchasing a property. There are a few different ways to finance real estate...

Have you received a cash offer for your home? If you're in the market for a new home, you probably know the importance of a good offer. Offers may fluctuate back and forth as buyers and sellers negotiate prices, but in the end, you wind up with an amount you're both comfortable with. However, if you're currently the owner of the home and you've been approached with an offer to sell, you may be asking whether or not you should accept. This can be a confusing matter for homeowners, as accepting a cash offer on your home can come in many forms. Not sure if taking cash is the right move? Here's what you need to know. The Benefits One of the biggest advantages is that you will likely be able to sell your house quickly. This is because there is no need to go through the bank approval ...

Are you looking to find your dream home? Purchasing your dream house is a major investment. It'll be the ideal place for you and your family. So many people feel overwhelmed and anxious when searching for a new home. Finding a home doesn't need to be a difficult task. With a few tips and pointers, you'll find the perfect property. Keep reading to find out some tips to help you in the pursuit of your dream home. 1. Define Your Priorities Your priorities will help you find the home of your dreams. By taking the time to sit down and really think about what you want and need in a home, you can begin to narrow your search. You may find that you are looking for a home with a certain number of bedrooms or a certain type of kitchen. You may also find that you are looking for a home i...

Buying your first home is an exciting milestone, but it can also be overwhelming and nerve-wracking. It can take years to save up enough for a down payment and mortgage, so once it's time, everyone wants to make the most of their investment. But your first home-buying experience doesn't have to be stuffed with mistakes and heartbreak. Read on to learn about easy first time home buyer mistakes to avoid when buying your home. Let's dig deeper! 1. Not Knowing How Much You Can Afford This can lead to either overspending on your home or being unable to make your mortgage payments and ultimately losing your home. You need to take a hard look at your finances and figure out how much you can realistically afford to spend. Once you have a number in mind, you need to stick to it. It can b...

There are around 307,621 property management businesses in the U.S, which shows that there are plenty of real estate managers to choose from. Hiring a property management company is key for getting reliable tenants and streamlining the rental process. But, if you're new to this, it can feel overwhelming knowing how to choose the right one for you. Maybe that's why you're here; you're struggling to find a property management company and need a nudge in the right direction. Sounds like you? No worries, we're here to help. Here's everything to know about choosing a property management company. Go Local A good rule of thumb is to hire a real estate manager who lives locally. You want a professional who has in-depth knowledge about the market, especially your area. It also means that lo...

If you are a homeowner in Utah who wants to sell their home without an agent and still list on the multiple listing service, you can consider a flat fee MLS Utah service. This will not just help you save 3% of the listing agent’s commission but also amplify your visibility. However, it is noteworthy that using a flat fee MLS Utah service means you are virtually giving up an agent’s full support. Also, not every real estate company or website offers the same level of service for an affordable price.  To help you pick the ideal option for you, we have outlined the top flat fee MLS Utah companies. Here’s a rundown: Intermountain Properties If you wish to list on MLS for a flat fee that is affordable then Intermountain Properties is a good option. This is a preferable servic...

Pennsylvanians who have problems selling their homes might want to consider selling them as-is. Selling as is can be a terrific option to acquire cash quickly, but you must be aware of the procedure and potential costs. By engaging in as-is transactions, you can avoid some time-consuming and frequently expensive stages involved in traditional house sales, such as fixing any damage or covering closing expenses. What is the meaning of Selling a House As Is? Selling a House As Is denotes that the seller does not do any repairs or enhancements to the house before it is sold. Selling "as is" does not alter the buyer's rights. The buyer can still choose to bargain the price down, which is contingent on a real estate inspection, and the seller must still legally reveal any flaws or issues wi...