What to Look For When Navigating the Home Inspection
27
Jun
By Kyle Muth
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Investing,

What to Look For When Navigating the Home Inspection

Buying a new home is an exciting and significant milestone in anyone's life. However, it's essential to approach the homebuying process with caution and thoroughness to ensure that you're making a sound investment. One crucial step in the homebuying journey is the home inspection. A home inspection is a comprehensive evaluation of a property's condition, aiming to uncover any potential issues or concerns that could affect its value or safety. Here is a highlight of the key areas you should pay attention to. Roof and Exterior The roof is your home's first line of defense against the elements, so it's…
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When Is The Right Time To Sell Your Rental Property?
12
Jun
By Kyle Muth
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Rental Properties,

When Is The Right Time To Sell Your Rental Property?

You have worked hard to diversify your investments, and that is why you decided to purchase rental property. At the same time, any gains that you have made are unrealized until you decide to sell the property. So, when is the right time to sell your rental property? There are many factors to consider, and it will be up to you to decide when to pull the trigger. You Are Tired Of Being A Landlord One of the first signs that it might be time for you to sell the rental property is that you are tired of being a landlord.…
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Emergency Expenses You Need To Budget For As A Real Estate Investor
02
Jun
By Kyle Muth
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Rental Properties,

Emergency Expenses You Need To Budget For As A Real Estate Investor

Owning rental property is expensive, and you must make sure you have enough set aside for potential emergencies. While many people are attracted to real estate for the potential of passive income, it still requires a significant investment, so you need to manage your money properly. You never know when an emergency might pop up, so what are a few examples of expenses you need to budget for? Utility And Maintenance Issues As a landlord, you will be responsible for keeping the utilities intact. For example, there might be damage to the roof that you need to repair, or there…
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How Do You Know You Are Charging Enough Rent?
22
May
By Kyle Muth
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Rental Properties,

How Do You Know You Are Charging Enough Rent?

If you own rental property, your goal is to keep it occupied as much as possible. That way, you have plenty of cash coming in that you can use to cover your expenses. At the same time, how do you know that you are charging enough for rent? There are several factors to consider, and you may want to reach out to an expert who can help you. The Quick 2 Percent Rule If you are looking for a quick way to estimate the rent you should charge, you may want to use the 2 percent rule. This dictates that…
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Buy And Hold: Why It Works Well
24
Apr
By Kyle Muth
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Real Estate Investments, ,

Buy And Hold: Why It Works Well

If you are looking for a way to invest in real estate, you are probably thinking about a variety of options. Sometimes, the best way to maximize the return on your investment is to keep the strategy simple. That means that you need to buy and hold. What are some of the reasons why this is such a smart strategy? Buying And Holding Can Generate Income If you decide to buy and hold property, you can rent it out, which will generate income. Yes, if you have a mortgage on the property, it can take a while to generate consistent…
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Is It Better To Flip Or Rent?
21
Apr
By Kyle Muth
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Real Estate Investments, ,

Is It Better To Flip Or Rent?

If you are looking for a way to diversify your portfolio, you may be thinking about purchasing rental properties or flipping houses. One of the major advantages of investing in real estate is that you have plenty of opportunities available, so is it better for you to flip houses or rent them? Of course, the answer is that it depends, so you need to take a look at a few important points below.  Flipping A Property One of the first options is to flip a property. This refers to purchasing a house, handling all the repairs, and then selling it…
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An Overview of Commingling: What You Need To Know
17
Apr
By Kyle Muth
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Real Estate Investments, ,

An Overview of Commingling: What You Need To Know

It is important to understand exactly where your money is coming from and what you are doing with it. This is particularly important if you run a business, as you need to separate funds that are used for business purposes versus funds that are used for personal purposes. What happens if you are a real estate investor? There are a few important points that you need to keep in mind regarding commingling. A Definition Of Commingling When someone is talking about commingling, they usually refer to the practice of mixing the funds you use for your real estate investments with the…
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