A Basic Guide for Foreign Buyers of US Real Estate
As the Great Recessions slowly but surely fade with the hope of an eventual recovery looming on the horizon, foreign buyers and investors are beginning to look for opportunities in the American real estate market again. Even though the housing market’s stable recovery is still “in progress,” many foreigners acknowledge that US real estate is […]
Best Property Management Accounting Practices to Maintain Success
Here are some tips to help you with your property management bookkeeping, so you can avoid problems and take advantage of what’s available. Be meticulous with financial records The better you keep your records, the easier it is to track what you are doing and provide strong protection in the event you are audited. Plus, […]
The Three Ps of Property Management
I spoke with a business associate a few weeks ago. His line of business is not related in any way to property management. It is an extremely stressful career choice that only a select few can successfully handle. You own a trucking brokerage business where split-second decisions can be the result of large profits or […]
How to buy a HUD home
In today’s economy, foreclosures are the best real estate investment. However, there are many types of foreclosures that a real estate investor can invest in. HUD homes are considered by many to be the best foreclosures to invest in. A HUD home is one that has been defaulted on an FHA-insured loan and has been […]
Commercial Real Estate Loan Trends in 2015 Compared to California
In March 2015, the National Association of Realtors (NAR) invited a random sample of 49,485 realtors working in commercial real estate to complete an online survey. A total of 791 responses were received for an overall response rate of 1.6 percent. The survey asked real estate agents’ views on how they found their credit environment […]
How to pay your mortgage in 5 years
My wife and I were “home buyers” for at least 7 years at our current residence. Notice that I said “home buyers” and not “homeowners.” There is a common misconception that when you get a mortgage, you immediately become the “owner” of a home. Assuming you have a 30-year mortgage, the reality is that you […]
Securing your vacation rental: four basic rules
Finding and maintaining the right property and liability insurance for your vacation rental can be challenging. Most vacation rental properties are located in high-risk areas, such as low-lying coastal towns or in national forests, and that can only make finding insurance difficult. Add to the equation that the property will be rented part-time and things […]
How can I sell my house quickly?
If you are not sure how quickly your home will sell, you may be wondering how soon I will be able to sell my home quickly. I’m sure you will come across people who have had a hard time paying their bills, credit card payments, and some people need to re-ship their property to finance […]
Caregiver versus personal assistant: salaries and benefits
Are you a caregiver or personal assistant working in a home or private home? As a domestic worker, either as a caregiver or personal assistant, are you entitled to a minimum wage? Do I pay for overtime? Other benefits? If hired directly by an individual or family, your benefits are different from those of a […]
The 5 steps to selling your home on your own
While it is not always recommended, it is definitely possible to sell your home on your own – in other words, without a real estate agent. If you’re organized and follow the steps below, you can potentially save 2-3% on real estate agent commissions. For the median home price, this means savings of $ 3,000 […]