by Nikki Songie
New real estate investors can sometimes get caught up in common pitfalls that end up costing them time and money and, ultimately, turning an investment into a bad deal. But not all of these pitfalls are self-evident. Being aware of the potential risks and knowing how...
by Nikki Songie
A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens’ full amounts, whereby the lien holders...
by Nikki Songie
Rentals can be long term or short term depending on its lease term. Long-term rental must have a lease term of at least seven months, with most long term rentals being one-year, renewable at the end of each lease term. Tenants who sign long term lease are usually...
by Nikki Songie
Investors must bear the expenses of property taxes, homeowners insurance premiums, homeowners association fees, property management fees and maintenance costs. For short term rental properties, there are also expenses for water, electricity, gas, cable television,...
by Nikki Songie
Low home prices and low interest rates make this a great time to become an investor. These 5 tips will help you get started. By Tamara E. Holmes of Bankrate.com If you’re thinking about investing in a rental property, experts say low home prices combined with...
