The Most Common Repairs Needed On An Investment Property

The Most Common Repairs Needed On An Investment Property

If you are looking for a great way to diversify your investments, you might be thinking about purchasing an investment property. Real estate generally appreciates in value over time, so this is a great way to build wealth; however, because you are not living in the property full time, you might have to do some repairs more often. What are a few examples of common repairs you might have to do on an investment property? Fix The Smoke Detectors Without a doubt, one of the most common issues that you will have to deal with involves smoke detectors. You must…
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When Should You Sell An Investment Property?

When Should You Sell An Investment Property?

Investing in real estate is a great way to build wealth, but you will not realize that wealth until you decide to sell the investment property. You probably like that your investment property is providing you with passive income, but eventually, you may need to tap into the capital for other reasons. When is the right time for you to sell an investment property? You Don’t Want To Be A Landlord One of the first signs that it might be time for you to sell your investment property is that you no longer want to be a landlord. Even though…
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What Are The Different Types Of Investment Properties You Can Purchase?

What Are The Different Types Of Investment Properties You Can Purchase?

If you are looking for a way to diversify your investment portfolio, there are different options available. One option is to invest in real estate. With so many different choices, how can you select the right one for your needs? There are a few key points to keep in mind. A Single-Family Home One of the first options you might be considering is a single-family home. This is a versatile option that you can use to host long-term renters or vacation visitors. Single-family homes come in many shapes and sizes, but the variation can also make it a bit of…
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Is Buying a Multifamily Property a Good Investment?

When deciding whether to purchase a multifamily property (and what kind to purchase), it’s important to review the benefits and disadvantages of investing in multifamily properties.  While we’ll address this in a traditional pros and cons fashion, it may be equally effective to look at multifamily investing through a different lens; by analyzing its risks, benefits, and the required time commitment involved. To put multifamily investing into a reasonable context, it needs to be compared to the alternate investments one could purchase — say, stock in a well-known company. For instance, if we compare purchasing a 10-unit apartment property for…
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