Investing in real estate takes more effort on your part than investing in paper assets. But for that extra effort, there are many benefits, ranging from immediate passive income to enormous tax breaks. Interested in trying your hand at real estate investing? Start with these fundamentals.
If you’ve bought a vacation rental property or are thinking about investing in one, you’ll want to maximize your income from it. But how? Here are some proven ways to boost your income from your vacation rentals, including several that won’t cost you a dime.
Buying a home is an exciting and life-changing adventure for new and experienced buyers alike. Make sure you don’t come to regret your decision in the future or miss out on your dream home by making a common — but avoidable — mistake. Learn the most common home buying mistakes and how to avoid them.
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.
Getting a home ready for the market is often stressful. If you’re thinking about selling your home and moving on to greener pastures, it helps to know the most common home selling mistakes. Learn the home selling mistakes to avoid to help ensure you get a great offer and sell your property quickly.
It sounds so sexy: Buy a vacation rental property to rent out for most of the year, and occasionally use it yourself just for fun. But many new vacation rental owners are surprised by just how many expenses they incur as a landlord. Here’s what you need to know before buying a short-term rental property.
If you have an FHA mortgage, you may qualify for an FHA streamline refinance. Although this refinancing product isn’t right for everyone who qualifies, here's a closer look at the FHA streamline refinance program, possible fees and expenses, eligibility requirements, and overall suitability.
Depending on who you ask, hard money loans are either the easiest and best source of funding for real estate investors or nightmare loans of last resort. Who’s right? Learn about hard money loans for renovations in real estate, and whether you should consider getting one or looking at other options.
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.
With trillions of dollars announced in the COVID-19 stimulus, economists have sounded the alarm on rampant future inflation. Prices could spike, and the dollar’s value could collapse. But not all investments get hit evenly by dollar decay. Find out which investments can protect your portfolio.
Bringing on a housemate can help you make ends meet or supercharge your savings rate. Housemates aren’t just a last resort — with a few simple guidelines, you can make the experience all upside. Follow these steps to renting out a room in your house and use your home as an extra source of income.
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.