According to a BizJournals article, “borrowing costs will continue to trend upwards in 2019 as the economy slows and the Federal Reserve raises interest rates accordingly…” so how do rising interest rates impact the hard money market?
If you’re looking for a hard money loan to finance your next fix and flip project, you may want to consider establishing a limited liability company (LLC) first. Many hard money lenders require borrowers to have an LLC before they move forward with the loan for a few reasons...let’s take a look.
Washington, DC is a unique area to live. The lifestyle, development restrictions, and “transportation infrastructure” have shaped who moves to the region and how many homes are being built.
But as more jobs are promised in the future, heads turn to Washington, DC for the next place to call home. As they do, real estate investors are perking up to see if investing in Washington, DC real estate can be profitable. Here’s why we argue it can be.
We are hosting our final real estate investor meetup of the year and we want you to join us! This month's featured guest speaker is an experienced and trusted general contracting expert, as requested by previous attendees. Gary Jones will provide insights on working with general contractors and answer any questions you may have related to general contracting.
Philadelphia is rich with possibility when it comes to finding the right places to invest in real estate. Whether you’re looking to do a quick fix and flip, purchasing rental property or think you can simply buy low and sell high on an existing property, The City of Brotherly Love is the perfect spot. Its economy is decent and its job prospects are high, meaning you can find some good deals in up-and-coming neighborhoods. But where are these neighborhoods, and what makes them better than the rest?
The word “lien” conjures up images of evil bankers coming for your property, leaving you shivering on the sidewalk. But before you start worrying about liens being placed on your property for some reason, it’s best to educate yourself. We’re here to de-bunk some of the myths behind liens, as well as explain exactly what liens are, the different types of liens and why they happen, and what to do if a lien has been placed on your investment property.
Multi-family real estate investing is a great way to scale your real estate investment career. To get some deeper insight into the multi-family world, we recently spoke with Lucas Hall, founder of Landlordology. Lucas started his career at 24 years old with a rental property and has since developed a profitable real estate portfolio across three states. In addition to his properties, he teaches other property owners and managers how to successfully manage their rentals, build wealth, and keep their tenants happy.
Active income is the money earned on work that is performed on a daily basis. Some people have the ability to produce passive income, also referred to as residual or recurring income. Passive income is money you continue to earn after the initial work is completed. The goal for many investors and entrepreneurs is to keep earning money after the heavy lifting is done, with a stream of income outside of their regular paycheck.
There are a lot of benefits to single-family real estate investing, whether you’re planning to fix and flip or take on tenants. It’s a great place to start out with investment properties, allowing you to learn the ropes in a lower risk scenario. But just about every real estate investor eventually sets their sights on multi-family properties, and for good reason.
Single-family properties are exactly where beginners to real estate investment should start. You’ll get a great idea of how to scout for properties, how much those properties should cost, how intensive the renovations will be and how much you’ll be able to sell the property for when you’re done. They’re perfect for people looking to cut their teeth in a new financial endeavor.
Creating a diversified stock portfolio will produce higher returns, because holding similar stocks tends to lead to similar returns for better or worse; whereas coupling alternative investments on top of your stock holdings can theoretically lower your portfolio’s risk, and even lead to better returns over time.
Whether you are planning to purchase an investment property to rent, turn into an Airbnb, or to fix and flip, 2018 is quickly becoming a great year for real estate investing in Baltimore. With a steady, dependable economy, Baltimore is a very reliable market for investing; however, with houses being sold very quickly and the current rise in prices, you need to know exactly where to buy so you can act both quickly and smartly. So let’s take a look at the best neighborhoods for real estate investment properties in Baltimore, MD.
There’s a lot that goes into a home you purchase to fix and flip in Baltimore, MD — it’s more than just slapping on a fresh coat of paint. You need to know where to buy, what price to sell at, where to get your supplies, contractors to call for the things you can’t do yourself, etc. You’re putting a lot of your money on the line to turn a fairly quick profit, so let’s make sure you have all the information you need before signing on the dotted line. Here are some great resources for helping you turn your fix and flip property into a lucrative investment.