• Newbie Real Estate Investor Tips Newbie Real Estate Investor Tips

    1 comment / Posted on by Steven Rivera

    Newbie Real Estate Investor Tips

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

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  • Questions Agents Should Ask New Home-Selling Clients Questions Agents Should Ask New Home-Selling Clients

    0 comments / Posted on by Steven Rivera

    Questions Agents Should Ask New Home-Selling Clients

    As a Real Estate Agent, landing the new client is a huge part of the battle.  But once you've brought on the new client, helping them get the best money for their property is the hard part.  Work with your clients to address any serious issues early on so you can have a smooth sale later.  

    What Are You Looking to Get For Your Home?

    The opposite of budget planning for buying a home, selling a home can be just as stressful of a financial experience.  When you ask this question, expect your client to have an idea of what they are going to get from sites like Zillow or Trulia, and they will be certain to think they are an expert in their neighborhood.

    Pricing a home is all about setting expectations and working together for a great outcome.  If the hoe sells for more, both you and the client win, so you have a shared desire to reach the highest price possible.  However, you don't want price the house outside of the market and never get any offers.

    Does the Home Have Any Structural Damage?

    Serious home problems like foundation trouble, bad plumbing, and poor wiring can kill a great sale at inspection time, so be sure to go through the entire home and ask you client about past and current problems.

    If the home does have any serious issues, it is best to get started on repairs as early as possible, or for your client set...

    As a Real Estate Agent, landing the new client is a huge part of the battle.  But once you've brought on the new client, helping them get the best money for their property is the hard part.  Work with your clients to address any serious issues early on so you can have a smooth sale later.  

    What Are You Looking to Get For Your Home?

    The opposite of budget planning for buying a home, selling a home can be just as stressful of a financial experience.  When you ask this question, expect your client to have an idea of what they are going to get from sites like Zillow or Trulia, and they will be certain to think they are an expert in their neighborhood.

    Pricing a home is all about setting expectations and working together for a great outcome.  If the hoe sells for more, both you and the client win, so you have a shared desire to reach the highest price possible.  However, you don't want price the house outside of the market and never get any offers.

    Does the Home Have Any Structural Damage?

    Serious home problems like foundation trouble, bad plumbing, and poor wiring can kill a great sale at inspection time, so be sure to go through the entire home and ask you client about past and current problems.

    If the home does have any serious issues, it is best to get started on repairs as early as possible, or for your client set...

    Read more