Author Larry Alton
Many companies use data to improve various facets of their operations. It can also be incredibly useful for investment functions, particularly for real estate investors who seek to maximize their portfolios.
Most people assume that successful real estate investors are extremely smart people with high IQs. And while this is often true, IQ isn’t the only thing that matters. You also need what psychologists call a high EQ, or emotional intelligence.
If you’re thinking to do renovation before a re-sale, your goal should be to do exactly what’s necessary to make it profitable—not too much extra since you’re working within a narrow budget, but not too little either.
If you’ve become serious about investing in property but have yet to invest outside your familiar location, these are the factors you should think about before venturing too far.
The asking price will often help form potential buyers’ first impressions, filtering out buyers from different budget ranges, and possibly affecting how they see the home. From there, it will serve as the basis for price negotiations, and ultimately influence the final sale price of your home.
Investment properties can serve as the foundation for future financial stability, but there’s a widespread perspective that you need to be fairly wealthy to start investing in the first place. But how much money do you really need to take the first step?
One of the biggest downsides of high rental property turnover is that it costs money to clean, repair, and touch-up the property in between tenants. Knowing how to save money on these processes can be a lifesaver.
TV shows about house flipping make it look easy, but when it comes to doing it on your own, you may discover a lot more goes into it than appears on camera.