For sale by owner (FSBO)
Wednesday, August 12
For sale by owner. With FSBO, the owner would like to sell their home directly to the buyer without going through a real estate agent or a broker (cutting the middleman) to avoid the commission and miscellaneous fees. The owner, in turn, would have to take on all selling and legal responsibiliti...
Current Mortgage Rate
Wednesday, August 12
Mortgage rate is at an all-time low so its is a great time to buy a home or invest in real estate. Thus, what you need to know about today mortgage rate… Current mortgage rates. The current mortgage rates range from 2.77% to 3.91%. A 30-year fixed mortgage. The average 30-year mortgage rate is ...
Tips on homebuying in the time of Covid-19
Wednesday, August 12
Topics: Real estate, homeownership Work cited: harrisx&realtor.com, https://www.keepingcurrentmatters.com/2020/08/07/2020-homebuyer-preferences-infographic/ Know the market. According to HarrisX, Covid-19 is either slowing down or stopping home buying. 55% of home buyers are actively search...
Good Return on Investment: A Cash on Cash Return
Thursday, August 06
Cash on cash return (CoC return; aka Equity Dividend Rate) is used in real estate represent return on investment. 1. Total investment: is the total cash you put in to acquire and operate a rental property. This include acquisition cost, closing cost, fixing costs, and loan interests with fees...
Building a real estate business for beginners
Thursday, August 06
8 steps of getting into the real estate business: 1. Learn all about real estate investing. You can spend time and money on official real estate courses or just pick up the information through blog posts, podcasts, webinars, etc. You can also attend real estate conferences that take place yea...
Pitfalls of buying an investment property to rent
Thursday, August 06
“Which property is good for renting?” is a question that should be asked when buying a property for rent as an investment. Here are some advices: 1. Be in the known. It is important to know how your potential investment property will serve you. Is it for rent? Is it to be renovated and be sol...