Multiple Offers to Buy

Posted by blogger // June 12, 2016

When our friends sold a house recently, they received several types of offers to buy. They sat down with their realtor and analyzed the differences. The most notable difference between the offers is normally financing, or how buyers intend to pay for their purchase. So what types of bids did my friends get? If you […]

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Cash Sales

Posted by blogger // June 5, 2016

According to CoreLogic, cash sales accounted for 35.7 percent of total U.S. home sales in February 2016, down 2.5 percentage points year over year from 38.1 percent in February 2015. For the first two months of 2016, the cash sales share averaged 35.6 percent, the lowest start to any year since 2008. The cash sales […]

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Boomerang Buyers

Posted by blogger // May 29, 2016

Experts said last year that the boomerang buyers will be an important segment of the real estate market in the coming years.  Boomerang buyers: a term coined by the Wall Street Journal, are people who lost a home to foreclosure, but are now ready to buy again. The experts were right. Caroline Feeney reports in […]

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Posted by blogger // May 20, 2016

Buying existing homes, fixing them up and selling them at a profit is the easiest way into real estate. Some call it rehabbing. Jacksonville has plenty of opportunities for rehabbing. To rehab a house is more than just a new coat of paint. Many houses you consider for rehab are beyond help and may need […]

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Property Manager

Posted by blogger // May 16, 2016

Once you buy a piece of property for income, the only thing left is to make sure that the building is managed and maintained. There are some factors that you need to keep in mind when you are thinking of hiring a property manager. Whether you are doing it yourself, hiring someone in-house, or outsourcing […]

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Ready to Buy a Rental?

Posted by blogger // May 9, 2016

Scott Trench has some provocative thoughts in a Bigger Pockets article titled “Newbies: Wonder if You’re Ready to Buy a Rental?” He asks, Is now a good time for *me personally* to purchase buy and hold investment real estate, and will buy and hold investment real estate help me achieve my financial goals regardless of […]

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Rule of 72

Posted by blogger // April 21, 2016

Steven Gesis wrote an article in Bigger Pockets that reminded me about the Rule of 72. He writes “How to Make Small Investments that Build Big Cash Flow.” He says “When property investing, the lack of steady cash flow can be a death knell. ”…investing to create cash flow doesn’t have to involve major investments or […]

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A Hedge Against Inflation

Posted by MaliVai Washington // April 12, 2016

A Hedge Against Inflation Many believe they need a hedge against inflation. TIAA-CREF points out reasons for these fears: “Rising food and energy prices, coupled with federal debt levels and low interest rates, have recently fueled new inflationary fears. These concerns are understandable given the Federal Reserve’s determination to keep interest rates at exceptionally low […]

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Should You Buy Title Insurance

Posted by MaliVai Washington // March 28, 2016

Should You Buy Title Insurance   Should you buy Title Insurance when buying your home? First what do we mean by “Title? When you purchase a home, you receive title, which is the right to occupy and use that space. Your right to use your property is protected by the Fifth Amendment of the Constitution and […]

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Buy a House Without Qualifying

Posted by MaliVai Washington // March 13, 2016

Did you know you can buy a house without qualifying? Donna S. Robinson at Realty Biz says, “Making an offer “subject to the existing mortgage” is one of the best ways to buy a home if you can’t qualify for a new mortgage loan. Simply put, a buyer and seller agree that the seller will allow […]

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