The ABCs of Getting a Mortgage Loan for First-Timers

Posted on: 8 May 2017

Being new to owning rental property can sometimes mean that you make rookie mistakes that could have a long-term impact on your success. Although some mistakes are unavoidable, there are many that you can avoid. If you just became a landlord, here are some mistakes that could hurt your new business.   Refusing to Raise or Lower Your Rates  Although you might have a fixed rental rate in mind for your property, some flexibility could be required. [Read More]

Posted on: 3 May 2017

Passive income is the grand prize of income—money that you don't have to do anything (or that you have to do very little) for. Income from a rental is often seen by those who don't have investment properties as a lucrative type of passive income, and for the most part, it is. However, it's not completely passive; in fact, depending on how you handle it, a rental home could require a lot of attention from you, and it could be more work than you expected. [Read More]

Posted on: 26 April 2017

The asking price you set when you list your house will have a lot of impact on your ability to sell the house and the length of time it takes to sell a house. Because of this, it's important to set the price right from the start. You can learn more about how to set the right asking price by talking to a real estate agent, and following this advice may help you accomplish selling your home faster and for the best price. [Read More]

Posted on: 25 April 2017

A short sale is an alternative way to sell a house, and it is typically used when a person owes more on the house than what it is worth and is having problems paying for it. When you use this method, your lender will allow you to sell it for a price that is less than your principle balance on the loan. If you are interested in this option, here are the steps you will need to take to make it happen. [Read More]