Why You Should Invest In Real Estate During A Recession
05
Aug
By Kyle Muth
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Real Estate Investments, Rental Properties, ,

Why You Should Invest In Real Estate During A Recession

The economy ebbs and flows. There are times when the economy might be booming and other situations where the economy could enter a recession. If the economy goes into a recession, you may feel like you need to protect your assets and not invest in real estate. Even though it is important for you to be careful with your money during a recession, there are a few reasons why you should consider investing in real estate during an economic recession. Generate Monthly Cash Flow One of the biggest reasons why you should consider investing in real estate during the recession…
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Tips For Saving Up For A Down Payment On A Rental Property
19
Jul
By Kyle Muth
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Rental Properties, ,

Tips For Saving Up For A Down Payment On A Rental Property

If you want to invest in real estate, you must have money for a down payment. Unlike first-time homebuyers, you will not be able to purchase a rental property for 3.5 percent down. If you want to be given a loan for your investment property, you must have a sizable down payment available. Typically, you need to have at least 20 percent of the purchase price of the home. How can you save up this type of cash? Take Out A Home Equity Loan If you have equity in your primary residence, you might be able to take out a…
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How To Properly Screen Residents For Your Rental Property
23
Jun
By Kyle Muth
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Real Estate Investments, Rental Properties,

How To Properly Screen Residents For Your Rental Property

If you want to maximize the return on your rental property, you must have a steady stream of income. The only way to generate that is to have reliable residents who will pay their rent on time. There are a lot of people looking for a place to rent right now, and you need to find the right resident for your rental property. Take a look at a few tips you need to follow to properly screen your applicants. Conduct A Background Check First, you need to conduct a background check. You need to make sure your applicant does not…
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A Guide To Investing In Real Estate Rentals
15
Apr
By Kyle Muth
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Real Estate, Real Estate Investments, Rental Properties, ,

A Guide To Investing In Real Estate Rentals

If you are thinking about purchasing an investment property, you probably understand this is a great way to diversify your investments. On the other hand, you also need to understand how to evaluate potential rental properties and how to make sure you can generate enough income to cover the overhead expenses related to the property. What do you need to know? Pay Down Personal Debt First Before you decide to take on a second mortgage, you need to pay down as much of your existing debt as possible. If you have unpaid medical bills, student loans, and car loans, you…
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Comparing Long-Term And Short-Term Rentals
24
Mar
By Kyle Muth
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Real Estate, Real Estate Investments, ,

Comparing Long-Term And Short-Term Rentals

Owning rental properties is a great way to diversify investments. Similar to the stock market, homes come in many shapes and forms. Some people are looking for short-term rental properties while other people are looking for long-term rental properties. What are the general differences between them, and why might one person choose to own one of these properties over the other? What Is A Long-Term Rental? In general, long-term rental property is defined as any property that has a standard lease that is longer than 12 months. Many people think about apartments, condos, and single-family homes as long-term rental properties.…
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What is the 2% Rule? Is It a Smart Real Estate Investing Strategy?
06
May
By Kyle Muth
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Real Estate Investments, ,

What is the 2% Rule? Is It a Smart Real Estate Investing Strategy?

Many real estate investors have heard of the 1% Rule, but what about the 2% Rule?  The 2% Rule states that if the monthly rent for a given property is at least 2% of the purchase price, it will likely cash flow nicely. It looks like this: monthly rent / purchase price = X.  If X is less than 0.02 (the decimal form of 2%) then the property is not a 2% property. If it is 0.02 or greater, then you’ve found a 2% property. This can then shed some light on whether or not a property is likely to…
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