Cost Segregation : Real Estate Investors Are Overpaying in Taxes
Thursday, November 14
By ignoring generous IRS guidelines when establishing depreciation schedules, over 90% of real estate investors are unintentionally overpaying federal income taxes. Also, they are paying federal income taxes earlier than necessary. Although these IRS guidelines are relatively new, they provide ...
Choosing The Right Real Estate Agent
Wednesday, November 13
The ideal agent is not always the one with the most sales under his or her belt or the most years on the job. The ideal agent is one who listens to you, is easy to get along with, and has the tools and skills to address your unique situation. Every home buyer is different. Some have credit iss...
A Cooling Real Estate Market and Investing in Pre-foreclosures
Tuesday, November 12
With the housing market cooling and the demand for mortgage loans shrinking, banks and other lenders are turning to nontraditional and sometimes riskier mortgages to bring in additional business to make up for their drop-offs. Many lenders have turned to mortgage products that are designed to l...
Building for Investors: Choosing an Architect or Designer
Monday, November 11
Now that you have a couple of flips, buys, or holds under your belt and a team of people, you might start to wonder if you are ready to build new. Building new, as opposed to repurposing (which is the bulk of investor energy), comes with unique challenges and perks. Instead of having the uncert...
Top Non-Financial Decisions That Impact Wealth
Friday, November 08
Everyone knows that there are non-financial decisions that can have a huge impact on your money situation.You might be surprised at how much influence other choices also have over your debt, future earning potential, and retirement. The financially successful tend to consider the potential impac...
What You Need To Know About Bank Foreclosures
Thursday, November 07
Bank foreclosure real estate also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction. The most common reason is negative equity- the bank fore...