The coronavirus pandemic has shaken up many industries, including real estate investing and rental properties. On one hand, times are tough, and investors may not have a ton of extra capital laying around to use for investing, and their current investments may be struggling. But on the other hand, property values have fallen, mortgage rates are low, and there are plenty of properties languishing on the market. For some investors, the 2020 pandemic has created the perfect storm to scoop up more investments, at excellent values. But because of how
The hotel space has undergone dramatic change over the past decade. Steven Kemler, a real estate investor, explains that short term home rental companies like Airbnb and HomeAway, which barely existed ten years ago, are now well established players in the sector. And the space continues to evolve; recent innovations include the emergence of hybrid rental models like Sonder and Stay Alfred, which combine the best aspects of home rental (a full kitchen, laundry, multiple rooms) with the best aspects of a hotel (consistency, central locations in major cities, reliable
Buying a house is a very common process. Pretty much everyone has to go through the process of browsing, visiting, evaluating and purchasing some real estate. However, a lot of people have very limited knowledge about what separates a good buy from a poor one. With that in mind, we’ve decided to compile a short list of things and tips that could be useful to someone who is in the search for a house! Let’s begin. Tip No. 1 – Check out the surrounding area Some people like to joke
Owning your home offers a number of perks, including allowing you to invest in your own piece of real estate rather than renting out someone else’s. However, one of the biggest advantages of home ownership is your ability to deduct mortgage interest, according to tax audit defense firm TaxAudit. However, you must meet certain requirements to do this, so let’s take a look at them. For starters, let’s examine what mortgage interest is in the first place. This type of interest refers to any interest you pay on your mortgage
Moving to a new place because of a job could be stressful. You won’t have sufficient time to process your emotions. You also need to settle down as soon as possible because your new job starts right away. The problem is when you intend to leave permanently, but you still have to sell your house. So, in this blog, you will get to know about 5 swift ways to quickly sell your house if you need to move. 1. Find a wholesaler You can find wholesalers who will pay
Having to make some hard financial decisions, you let the car payment slide one month, thinking you’ll make it up the following month. However, the moment that due date passes, your car becomes eligible for a repo. A couple of weeks later — pushing a cart out of the grocery store with your children in tow — you go to the spot where your car was parked, and it’s gone. After getting over the shock, you resign yourself to the loss and Uber home. However, repossession is just the beginning, there
