When it comes to hiring a contractor for home repairs or renovations, getting a reasonable price for quality work finished on schedule doesn’t have to be a nightmare. The tricks are preparation and negotiation. These tips for negotiating with contractors will ensure you never get overcharged again.
Real estate is not only an income-oriented investment, it’s also a less volatile asset class than stocks. Here are ways you can invest in real estate to start diversifying your passive income immediately.
Older homes tend to feature a charm and character you just can’t find in new construction homes. But they also offer their share of problems. If you’re considering buying an older home, read on to learn the problems you might encounter, how to solve them, and why it might be worth doing so.
Many landlords look to delegate the labor and hassles of running their rental properties to a property management company, but this carries stiff fees and comes with other risks. Are property management companies worth the cost? Learn all the pros, cons, and risks before hiring a property manager.
Can and should you pay your rent with a credit card? It depends on several factors like your motivation for doing so, the intermediary you’re using (cheaper is not always better), and which credit card you plan to use. Learn why you might want to pay your rent by credit card, when you should think twice about it, and how to get the best deal if and when you do.
Refinancing your mortgage is probably the most profitable move you can make to take advantage of low interest rates. But should you actually do it? Before you can determine that, you must learn more about why you’d want to refinance your mortgage and how to calculate the net costs.
The housing choice voucher program, formerly known as Section 8, is the federal government's biggest housing assistance program. It aims to make decent, safe, and sanitary housing available to those who can’t afford to pay market prices. Here’s a look at how it works and how you can apply.
If you like physical real estate as an asset class, how can you invest in it using a tax-sheltered retirement account? Enter the self-directed IRA. But beware: Self-directed IRAs come with a slew of special rules and limitations. Learn how to use a self-directed IRA to invest in real estate.
The longer your home sits on the market, the greater the chances are you’ll be forced to move before it’s sold. And carrying two housing payments at once is something no one wants to face. Follow these tips to maximize your odds of attracting showings and offers ASAP.
Homeowners with ample equity have a ready-made source of low-cost capital to finance significant expenses: their home’s equity. If you’re shopping for a home equity loan or line of credit in the hope of taking advantage of low interest rates, get the scoop on the lenders with the best rates.
Do you need a real estate agent to help you sell your home, knowing listing agents typically take 3% of the final selling price? You might be surprised. Learn the pros and cons of selling your home without a realtor and how to determine whether the for-sale-by-owner (FSBO) approach is right for you.
One of the great advantages of investing in real estate is that you can predict your returns — if you know what numbers to look at. Whether you want to flip houses or invest in income properties, here are the numbers you need to know to ensure every deal you buy is a good one.