Many people believe that participating in real estate activities can make them successful. Learn more about real estate and how to be a successful property owner with these awesome posts. The road to being the best is not easy, but it sure is attainable.
Maximizing Your Real Estate Return Without Losing Your Shirt
Investing in real estate seems like the most stable way of making money and earning an income that will ensure a comfortable retirement, but, as with anything, delving into real estate does have its share of risks. It's essential to ensure success by following some common sense rules and doing your due diligence in choosing properties for your investments. Even once that first … [Read more...]
Owning a Hostel is Anything but Hostile to Your Pockets
The countless benefits of owning your own business are well documented. It is no surprise that dozens of new businesses are started across the United States every day. What is surprising though, is that the profitability of owning a hostel has gone largely unnoticed, especially since there is considerable demand for hostels in many cities throughout the country, including but … [Read more...]
Study Shows Vancouver Has Least Affordable Housing Market in North America
While Manhattan and San Francisco are known for their notoriously inaccessible real estate markets, it’s Vancouver that takes the title of North America’s most unaffordable housing market, according to Point2 Homes’ recent study. The study was conducted to figure out how long it would take for people to pay off their homes in 50 of the most populous real estate markets in … [Read more...]
How Blockchain Technology Can Improve Real Estate
Unless you’ve been hiding under a rock for the last couple of years, you’ve surely heard of blockchain technology—albeit you may not understand it. Like technological advents of the past, e.g. the personal computer and the internet, blockchain technology may soon become a cornerstone of our day to day lives, especially as it pertains to transactions. Given that the largest … [Read more...]
The Importance of Life Insurance as a Real Estate Investor
You probably already have life insurance through a job or privately purchased, but you may not know just how important it is for your real estate investment business. If you are investing in real estate, it’s important to know about life insurance, how it can benefit you, where to get it, and why you need it. What is life insurance and how does it benefit a real estate … [Read more...]
Top REITs for Beginner Investors
New investors are rarely risk-hungry. Knowing that investment is like educated gambling in that luck can turn bad in a blink, they prefer to take it slow, establish balanced portfolios, and cultivate investments that are easy to liquidate if they get spooked. As a result, few beginner investors put money into real estate properties; most consider REITs, instead. REITs, or … [Read more...]
Your First Rental Property: Exactly How You Should Screen a Tenant?
People who have never owned a home before tend to wish for home ownership more than any other group of people. Why? Owning a home comes with many responsibilities and potential financial risk. Plumbing might freeze and bust during winter, requiring immediate repair. The refrigerator could stop blowing cold air, causing food to ruin until it's fixed or replaced with a working … [Read more...]
The Dreaded Landlord Eviction: Here’s What to Do
Landlord evictions are never a fun task to handle. It generally involves some conflict and animosity on both ends of the spectrum and realistically it can be a long and tedious task to evict a tenant. However, it is simply "part of the game" that every real estate investor has to play at some point or another. For this reason, we've broken the process down and made it a bit … [Read more...]
Who Is the Best Tenant for Your Rental Property?
When you’re renting property, it’s important to conduct thorough background checks in order to successfully vet a potential tenant. A background check that includes rental and employment references, as well as personal ones, can give you a lot information about a potential renter that indicates how likely they are to pay rent on time and take care of the property. So the … [Read more...]
Protect Your Rental Property for the Highest Return
You’ve invested a lot of money into owning your rental property, and whether you currently have tenants occupying it or you just bought it, you’ll need to act to protect your investment. The only way to continually see a return on your investment is to keep the property occupied which requires maintaining a safe and healthy environment and the right tenants. Below are a few … [Read more...]
