Found 136 blog entries tagged as Property Investments.

 

Financing Myths Debunked

 

It can be difficult to get financing for a residential loan, but it doesn’t have to be. There are many common myths that people believe that just aren’t true. Because of these misconceptions, many people don’t even apply for a loan because they have doubts that they would qualify.  We will address the most common myths and the only true method to secure financing.

 

“I still have student loans so I won’t qualify.”

The amount of college debt today measures in the trillions and grows every day.  In today’s world, almost every college student has a loan. If this myth was true, then there would be millions of people not able to buy a home in America. This misconception is very common and grossly inaccurate.

The resounding theme of…

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There is a lot of mystery surrounding the sale of a home. Many people don't know what happens after they accept an offer and before the transaction closes. Some are only concerned with what it is going to cost. Here we are going to lay out the timeline and explain exactly what happens. Keep in mind, there are going to be some slight changes depending where you are located and other transaction specifics. Ask a local realtor for the specifics, or contact Precision Home Group and we will make sure you get set up with the best Realtors in your area.

 

Accept an Offer

In order to start the process, we need to have an Accepted Purchase and Sale Agreement between you and the buyer. This can be stressful and take some time. I've seen…

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The 10 steps to Home Buying

 

Many people fear what they do not know. The same is true when it comes to buying your home. Many have not had the repeated experience of home buying to know what goes into the buying process, steps that need to be taken, or how to handle the emotional ties that come along with it. Below, we will outline the ten steps to buying a home, so you are prepared when you decide to move forward.

 

1) Realtor Locate and Buyer Consult

First, locate a trusted real estate expert. This can be done by reviewing realtors online through Google, Zillow, Facebook, Yelp and word of mouth from your friends and family. What is particularly important, is finding a Realtor. Despite often being used interchangeably, Realtors and real estate agents are not…

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In my last article, I cast a broad net and talked about the five most common real estate investments:

1. Flipping

2. REITS

3. Small deals (1-4 Units)

4. Big Deals (5+ Units)

5. Syndication

Today, we are talking about flipping real estate, the benefits and drawbacks that are associated with it, and a brief overview of what it entails.

 

Flipping

Simply put, house flipping is the act of buying a home and selling it at a higher price. This is typically done by finding a foreclosure, or a fixer-upper home that is in disrepair and needs a lot of improvements. It is then purchased, updated and fixed, then sold for a higher price than what was invested into it.  

 As TV shows like HGTV’s Property Brothers, Flip or Flop, or…

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Real Estate Investing Basics Overview

We have all heard some type of quote about the success of real estate investing.

John Stuart Mill, a British political economist from the 1800s states “Landlords grow rich in their sleep without working, risking or economizing.”

Andrew Carnegie, the great American industrialist billionaire states “Ninety percent of all millionaires become so through owning real estate.”

And, to quote Louis Glickman, an American real estate investor, “The best investment on Earth is earth.”

We are told from a young age that investing in real estate, or at least buying a home, is a great idea. But, how do we do it? What are the different types of real estate investments, and how do they work? Can anybody invest? Do you have to start with millions of dollars,…

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Don't take real estate advice from your______________?

Don't take real estate advice from your... ?

Doesn't it seem like everyone will you give you advice when it comes to real estate? Whether it's your parents, grandparents, friends or neighbor, everybody has a piece of “wisdom” they’d like to share. We’ve all been guilty of taking advice from the wrong source. Usually, the truth is they think they are helping! But, when it comes to investments, it's important to get help from the right sources.

In order to analyze the advice given to you and guarantee its validity, make sure you consider the following:

1. Are they experts in their field?

2. Do they heed their own advice?

3. What are their results?

4. Have you found supporting research and facts?

First, we must ask if the advice is…

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