Real Estate Guide

Real Estate Guide (Page 21)

Questions To Ask Before Investing in Real Estate

Real Estate is a complicated business. Every facet is controlled, in most countries, by numerous legal restrictions and requirements and there are many people involved in any deal, some with vested and competing interests. But you can also make a lot of money and, in some ways, a lot easier than in many other businesses. Before you take the plunge, ask yourself ?and try to answer ?some of the following questions. 1.How much capital do you have? Real... ❯❯❯

Your First Time In Buying Real Estate

Buying a property for the first time, whether as a home or purely an investment, is exciting and risky ?and one because of the other. You read or hear about rapidly rising prices and think 'I gotta get me some of that!' Excellent idea ?if you keep in mind, too, that there are risks. Here are some suggestions about how to keep the excitement, profit from the opportunity, and minimize the risks. Before investing in your first property, do some homework. You... ❯❯❯

Finding and Evaluating Real Estate Property

Today, investing in Real Estate is easier and more profitable than ever. But even in a healthy market, with new tools to find and evaluate potentially profitable properties, you can lose a lot of money in a short time. To maximize the odds of winning, consider these tips... The process of finding 'diamonds in the rough' has been revolutionized by the Internet. You can spend hours on-line finding descriptions, prices, photos, and useful legal info about... ❯❯❯

Cheap Repairs, Big Profits

You want the most profit you can get for that property you sweat blood to buy. Is there anyway to improve your chances, without investing a lot more? Fortunately, there is. Even a person not very skilled in carpentry, plumbing, and other traditional trades can improve the saleability of a property with modest effort and a few common tools. One of the first things a potential buyer will notice when viewing your property is the condition of those around... ❯❯❯

Tax Considerations For The Real Estate Investor

There is no more Byzantine human invention than the complex tax codes, and among the most complicated are the laws surrounding real estate investing. So, what follows is NOT to be considered legal advice ?consult your attorney or tax accountant before making any decisions. Well, now that the rear is covered, what considerations should the real estate investor keep in mind? Since laws vary between countries, and between states within the U.S., any general... ❯❯❯

Rental Property: Great Investment or Nightmare?

No one profits from their own ignorance. Thinking ahead is your best guarantee when considering whether to rent a property into the future or to sell for a fixed profit today. If you want to keep a property in the hope of taking advantage of tax breaks and capital appreciation, but hope to offset the expense, consider both those upsides and some potential downsides to renting. As the owner of a property you are legally liable for all normal costs of... ❯❯❯

Foreclosures: Sugar or Arsenic?

To the novice real estate investor foreclosures often look irresistibly attractive. Who wouldn't want to make a quick profit of 50% or more? But whether a foreclosure deal is really sugar or merely sweet-tasting arsenic depends on a list of complex factors. Foreclosure is a legal procedure in which a mortgage holder reclaims a property due to default on a loan. Some states in the U.S. allow 'strict' foreclosure ?the borrower has a certain period to make... ❯❯❯