Purchasing and renovating a foreclosed investment property may seem like an easy process with a potentially huge payout, in a short timeframe. Each foreclosed property comes with its own unique set of pros and cons. The key to getting a good deal is to gather as much information as possible in order to make an… Read More »
Most of us consider insurance as a “purchase”. That is, we buy it because we “have to have it”. The attitude that getting the lowest insurance rate makes the most sense but has hurt more real estate investors than it has helped. That’s because the agenda for the agent may not fit the needs of… Read More »
In our previous post, we uncovered five tips investors should research when evaluating the potential value of an investment property. Below are five final factors that will round out our top 10 criteria for investors to consider.
Understanding how to analyze the potential value of a property is one of the most important lessons a real estate investor can learn. Utilizing Realtors, appraisers, and other investors is always recommended, but fully comprehending their valuation methodology is essential. Below are some key elements involved in analyzing comparable properties that are considered in any… Read More »
Real estate investors evaluate different opportunities every day. If you are relying on one capital source or financing partner, you might be forced to pass on a deal that you would normally want to acquire. One way to avoid this issue is to diversify your funding options. Stay prepared and obtain lending pre-approvals so that… Read More »