One of the things that hinder many from carrying out their dreams in real estate is lack of sufficient funds. It is not easy to acquire loans from banks, and if you are lucky to qualify, you might only get part-financing for the whole project. For instance, banks might finance the construction but not loan you the funds required to buy the land. You either have to put aside the … [Read more...]
Tax Benefits of Real Estate Investing
Real estate investing affords certain tax benefits when it involves the direct ownership of a property. For example, investors are able to deduct the value of mortgage interest as well as certain expenses associated with leasing the property, such as maintenance or repairs. For investors whose real estate holdings are limited to a real estate investment trust, these tax … [Read more...]
What Lies Ahead for Real Estate Crowdfunding in 2016
In the three years since the passage of the 2012 Jumpstart Our Business Startups Act, crowdfunding has become a force to be reckoned with in the investing arena. Though relatively new, the real estate crowdfunding sector in particular has experienced tremendous growth in a fairly brief period of time. By year’s end, it’s projected to hit the $2.5 billion mark, according to … [Read more...]
An Interview With The House Crowd
Modest Money recently received a press release about a UK start-up, purporting to be the world's first combined property investment and crowdfunding company, gaining over 2M from small investors in just over a year. We spoke to the company's founder Frazer Fearnhead to find out more. Check out the full interview below. In one sentence: what is the House Crowd? The … [Read more...]
