Posts Tagged ‘#investor’

Pros &; cons of buying out-of-state rental property

Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on…

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What Happens to Home Prices When Interest Rates Rise?

This article is attributed to New Silver Hard Money Lenders The pandemic has brought about major changes to interest rates, and this has had a knock-on effect on the price of homes in an interesting way. We take a look at what happens to home prices when interest rates rise and what’s next for 2022.…

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Reduce Your Tax Bill

5 Simple Ways to Reduce Your Tax Bill Like a Real Estate Pro “Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” – Gregory…

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14 Questions to Ask Before You Hire a General Contractor

When looking to hire a contractor for your building or remodeling project, you may feel a little overwhelmed and unsure of how to guarantee they are not only legit but also the best at what they do. Do you remember playing the game 20 Questions as a kid? Hiring a contractor is similar. You have…

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How Often Does An LLC Pay Taxes

If you’re considering starting a Limited Liability Company (LLC) or restructuring your business as an LLC, it’s important to know how often an LLC pays taxes and how to file business taxes for an LLC. As an LLC, your company benefits from receiving personal liability protection without the compliance formalities required of a C Corporation.…

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Property Management, When Is it Time to Oursource

  Adding properties to your investment portfolio diversifies your risk and can certainly lead to more passive income, but with more properties comes more challenges (and more work). If you have the time and skills to manage multiple properties on your own, more power to you. But, if you’re getting to a point where you’re…

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SFR Rent Growth Continues to Hit New Heights

This is a repeat of an article from Wealth Management.com Year-over-year rent growth in the single-family rental sector is closing in on double digits with demand remaining white hot. Bendix Anderson | Oct 25, 2021 Investors of all types have been drawn to investment-grade single-family rental properties and their eye-popping fundamentals all year and there’s no end…

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How Does New Credit Impact Your Score/FICO

We’re not credit experts but we have a referral partner National Care Credit  (NCC) who are.  This is the latest from NCC. The new credit section of your credit is broken down into basically two parts: Inquiries (where you have already received brilliant tips on) and new accounts. When obtaining a new account, regardless of…

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Chicago rents, mortgages both on the rise and breaking records

by Liz Hughes  January 26, 2022 Spurred by rising mortgage costs, December’s average monthly rent grew to $1,877, a 14.1% increase from the previous year and the largest annual jump since February 2019, according to a new Redfin report. Mortgage payments also saw double-digit percentage growth last month. Nationally, monthly mortgage payments grew 21.6% from the…

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How to Get Rid of Bad Smells Tenants Leave Behind

Remen Okoruwa Remen Okoruwa is the co-founder of RentDrop, a payment app making rent payment.. Getting rid of bad smells after a tenant moves out is one of the unpleasant parts of being a landlord. But, if you don’t take the time to do this, issues with funky odors or a foul stench can severely impact…

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