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#Investment property
nycnomad · 11 months
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I was feeling okay about leaving Florida on Friday, but then I woke up and saw these rays swimming close to shore and dolphins leaping in the water farther out. Sometimes it's just magical! I don't feel sad about leaving, just a little wistful.
I have to go to California for work, so we're flying to Napa on Friday for a long weekend and then flying back to NYC after my work events for Thanksgiving. And then, thank god, we're flying back here for most of December.
(It's not GREAT that no one's renting our condos in December since they're supposed to be investment properties first, but they make enough money during the high season in the summer that they pay for themselves even if the winter is slow. At least so far!)
The other night, I needed to return some jeans to Old Navy, so we drove to the little town square area here and returned them in person instead of mailing them back like I usually would. And then we did some shopping in the store, which I NEVER do. And then we went to Olive Garden to pick up a carside order. And it's like, I live right by an Old Navy back in NYC, and I can walk to a million restaurants in my neighborhood. But I don't ever go to that Old Navy, and I love not having to put on real clothes to grab food in the car.
I guess everyday things just seem so fun when they're novel to you!
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capitalton · 7 months
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30 Year Rental Property Loans
Loans for real estate investors to purchase or refinance rental properties.
Qualify using future rental income
Personal income is not considered
Simple process
Loan Terms
Loan to value: Up to 80% LTV Loan amount: Minimum $75,000 Interest rate: Start at 7.50% Credit score: Minimum 680 Loan types: Fixed rates, interest only, 5/1 + 7/1 ARM’s
Learn more about 30 year rental property loans.
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tarynandre · 2 years
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Closed on my first property today. It took quite some time finding the right house/deal for what I want to achieve but it happened, and now I can get to the fun stuff.
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Real Investing Tips That Can Make A Big Difference
Real estate investing is definitely chess more than it is checkers. Rushing into things and causing a mistake can be a big problem for you. But learning all that you can takes away most of the uncertainty. This article can help to prevent these mistakes from occurring. Before investing in real estate, try analyzing the market and researching thoroughly. Check out a lot of properties, up to 100,…
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blobsandberries · 1 year
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Poolhouse - Poolhouse Remodeling ideas for a medium-sized seaside garden with a rectangular lap pool
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agentnicolegraves · 1 year
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Oregon Investment Opportunity
3 unit property, 23 miles east of Florence
$159,900
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buildingsupuk · 1 year
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How to Investing in Property in UK Step by Step
Are you looking to invest in commercial property but don't know where to start? Read this ultimate guide on how to invest in commercial property, including tips on finding the right property, financing, and maximizing returns.
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Know about Property Investment 2023 Investing in commercial property can be a lucrative and rewarding venture. However, it can also be daunting for first-time investors who are unsure of where to begin. In this article, we'll provide you with a comprehensive guide on how to invest in commercial property, covering everything from finding the right property to financing and maximizing returns. So, whether you're a seasoned investor or a newbie, read on to learn how to invest in commercial property like a pro.
How to invest in commercial property: Tips and Strategies Finding the Right Property One of the most critical factors in investing in commercial property is finding the right property. Here are some tips to help you find the perfect property for your investment portfolio:
Identify Your Investment Objectives: Before you start looking for properties, you need to identify your investment objectives. What type of property do you want to invest in, and what are your financial goals? Do you want a property that generates rental income or one that you can flip for a profit? Knowing your investment objectives will help you narrow down your search and find the right property.
Location is Key: When it comes to commercial property, location is everything. You want to invest in a property that is in a prime location with high demand for commercial space. Look for properties in areas with high foot traffic, easy accessibility, and proximity to public transportation.
Consider the Condition of the Property: Another crucial factor to consider when investing in commercial property is the condition of the property. Look for properties that are in good condition and don't require significant renovations or repairs. If the property does need work, make sure you factor in the cost of renovations when calculating your potential returns.
Partner with a Commercial Real Estate Agent: Partnering with a commercial real estate agent can help you find the right property quickly. Real estate agents have access to off-market properties and can provide you with expert advice on market trends and investment opportunities.
Financing Your Investment Once you've found the right commercial property, the next step is financing your investment. Here are some financing options to consider:
Traditional Bank Loans: Traditional bank loans are a popular financing option for commercial property investors. These loans typically have a lower interest rate and longer repayment terms than other types of loans.
Private Lenders: Private lenders are another financing option for commercial property investors. Private lenders are typically more flexible than traditional banks and can offer higher loan amounts.
Crowdfunding: Crowdfunding is a relatively new financing option for commercial property investors. Crowdfunding allows multiple investors to pool their funds to invest in a single property. This option is ideal for investors who want to invest in commercial property but don't have enough capital to do so on their own.
Maximizing Your Returns Once you've found the right property and secured financing, the next step is to maximize your returns. Here are some tips to help you do just that:
Hire a Property Manager: Hiring a property manager can help you maximize your returns by ensuring that your property is well-maintained and fully occupied. A property manager can also help you with tenant screening, rent collection, and lease negotiations.
Renovate and Upgrade: Renovating and upgrading your property can help you increase its value and attract higher-paying tenants. Consider upgrading your property's HVAC system, adding energy-efficient features, and improving the overall curb appeal.
Raise Rents: Raising rents is a straightforward way to increase your returns. However, make sure you're not pricing yourself out of the market. Research the rental rates in the area and make sure your rent increase is in line with the market.
Consider a 1031 Exchange: A 1031 exchange is a tax-deferred exchange that allows you to sell a property and reinvest the proceeds in a new property without paying taxes on the capital gains. This option can help you maximize your returns by allowing you to reinvest your profits without losing money to taxes. FAQs Q: Is commercial property a good investment? A: Yes, commercial property can be a great investment. It offers higher rental income, longer leases, and potentially higher appreciation than residential properties.
Q: How much money do I need to invest in commercial property? A: The amount of money you need to invest in commercial property depends on several factors, including the property's location, size, and condition. Typically, you'll need a minimum of 20% down payment and enough capital to cover the property's closing costs, renovations, and ongoing expenses.
Q: What are some risks associated with investing in commercial property? A: Like any investment, commercial property comes with some risks, including tenant vacancies, property damage, and changes in the market. However, with proper due diligence and risk management, these risks can be minimized.
Conclusion Investing in commercial property can be a smart and profitable investment strategy. By following the tips and strategies outlined in this guide, you can find the right property, secure financing, and maximize your returns. Remember to do your due diligence, partner with a reputable real estate agent, and always keep an eye on the market trends. With patience and persistence, you can build a successful commercial property investment portfolio that generates long-term wealth and financial stability.
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elliaellia-blog · 2 years
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Investment Property | Rented | Pool View
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miamibeachbroker · 2 years
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From my perspective, I’m not getting the sense that market activity is going to rebound so fast. There has definitely been a shakeup & shakeout in the #RealEstate #industry and I think there is more pain to come in 2023 & possibly into 2024. I remain optimistic for any #realtor who is able to adapt, innovate, & find ways to create #value outside of the traditional real estate #sales model. Wherever value is being created #MONEY is being made regardless of the #economic environment.
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lucky1115 · 5 days
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nycnomad · 2 years
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I say that everything was good here when we arrived, but you know we can’t help but do things. So far, we:
- installed the same bidet I have at home on one toilet because we’re tired of being without one here and don’t care how weird renters may think it is, because they need to get with the TIMES
- leveled the toilet in this condo and caulked around it before discovering that it was making noise not because it wasn’t level but because the tank just needed to be tightened to the bowl 🤦‍♀️
- bought a new collapsible box spring to install, because we’re pretty sure our property manager replaced one of the two twin box springs under the king bed with a new one that’s slightly lower than the original one and is making the mattress feel wonky
- wiped down everything leather with cleaner and moisturizer even though it’s 150% humidity here at all times
- bought new pillows for the owner’s bedroom (is that what we’re calling the master bedroom now?)
- descaled the Keurig even though I’ve never once actively cleaned my Nespresso machine at home, so don’t drink coffee at my house if that bothers you 😁
- bought a wall protector for behind the front door and replaced all of the little springy door stopper thingies around the place because people LOVE to just throw open doors around here, apparently
- bought power outlet covers with built-in nightlights because people always steal our nightlights (just hoping they now don’t unscrew the whole outlet cover to steal that instead!)
- went to Home Depot, Walmart, Target, HomeGoods, Jo-Ann, Ross, T.J. Maxx, and Big Lots looking for lampshades, but no one has lampshades! I guess people are just out there buying whole lamps because their renters DON’T smash their lampshades? Weird.
- bought this chair and this chair to replace the very cute sea life armchairs in one of our units that have just seen better days, because we’re learning that even booking one more renter a year will absolutely pay for whatever improvement you did to bring them in
So yeah, we’ve done some stuff! And it’s been fun! I think we feel so motivated here partly because we’re doing things that will make us money and partly because we have NOTHING ELSE GOING ON. 
A cleaner cleans up after us here, and we have no friends here to do anything with! No one is asking us to go out to dinner, no one wants me to come hang out at the office for a day, J’s parents can’t guilt us into coming over. We have basically no responsibilities!
Perhaps that’s why being here always feels like a vacation even though we work the whole time. 🙂
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tkfinancegroup · 15 days
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Why You Should Consult a Mortgage Professional
Mortgage professionals are critical to the home buying process. They can answer questions, guide borrowers through different loan programs and make sure that the mortgage closes on time. They can be either brokers or MLOs. If you want to become a mortgage professional, get licensed with a Morty platform that provides support and mentorship for mortgage brokers.
Loan officer
You wouldn’t buy stocks without talking to a stockbroker or invest in a home without consulting a real estate agent. Mortgages are no different, and you should consult a mortgage professional before making this major investment. These professionals understand how mortgages work and can help you choose the right one for your situation.
The loan officer is responsible for gathering the mortgage application and submitting it to an underwriter for approval. They also communicate with the various parties involved in the mortgage process, including the lender, title company, and escrow office. They may also have experience with non-QM loans, which are loans that would not be approved by traditional lenders.
When choosing a mortgage professional, look for someone who is honest about fees and commissions. They should return calls and emails promptly and be able to answer questions clearly. They should also be knowledgeable about the latest changes in mortgage regulations. This will allow them to offer the best options for their clients.
Mortgage broker
Mortgage brokers australian finance group act as go-betweens for homebuyers and lenders. They review a borrower’s financial status, including income and debt-to-income ratio to find the best loan options for them. They also work closely with all parties involved in the lending process, such as real estate agents and underwriters, to ensure a smooth mortgage transaction. They can offer borrowers access to a wide range of loan options and lenders that may not be available to the general public.
Choose a mortgage professional with whom you feel comfortable working. Ask for referrals from friends, family, or colleagues and check online reviews. A good mortgage professional should be able to answer all your questions and concerns.
You can also choose a mortgage broker who specializes in a specific type of loan, such as VA loans. This can help you get a better rate and avoid high interest rates. Additionally, you should be aware that mortgage brokers often charge more than MLOs and mortgage bankers, so you should carefully compare fees.
Real estate agent
Buying or selling a home can be complicated, and real estate agents can help. They can help you find the right property for your needs, make sure there are no permits or allocations for ongoing projects, and keep you informed of any potential problems with a home or its history. They can also help you negotiate a fair price for your new home.
A real estate agent’s job duties vary from one brokerage to the next. Some work for large brokerage firms, while others work independently or as part of a team. They may perform a variety of duties, including meeting with clients, networking with other professionals, updating their websites or blogs pokrivalo na lizhko, and entering expenses into accounting software.
A listing agent represents the seller of a property and tries to attract buyers by setting a reasonable price for the property. A buyer’s agent, on the other hand, works hard to find a property that meets the client’s needs and budget. Depending on the brokerage, an agent’s duties may also include negotiating with other brokers or lenders for the best mortgage rate.
Financial planner
You wouldn’t buy a home without talking to your real estate agent and you wouldn’t invest in stocks without consulting a financial planner. The same can be said for mortgages. Your mortgage professional is a key member of your home buying team, along with your real estate agent and title company. They are responsible for getting you financed and closing on your new house.
You should look for a mortgage professional who is transparent about fees and commissions. You also want to know that they’re keeping up with changes in the industry. This will help you get the best loan possible and avoid any pitfalls.
Lenders offer profession-specific mortgages to help young physicians, attorneys, and other professionals overcome hurdles like student debt and lower income. These loans often have flexible debt-to-income (DTI) requirements and do not include deferred student loan payments in the DTI ratio. In addition, these loans may also have a lower minimum down payment requirement.
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tarynandre · 1 year
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The majority of March consisted of simple indoor renovations. I asked for arched walkways before we tackle the painting and he’s making it happen♥️.
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End The Anxiety, Read This Article About Real Estate Investing
If you wish to learn about investing, it’s a good idea to learn how to get a lot from an investment. It is a very lucrative market to get into. The following tips can help you ensure that your investments are sound. Before you jump into real-estate investment, educate yourself. You must learn the different strategies that are involved in this business. It is recommended that you research as much…
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Which is better investment, Real estate Or Equity mutual Fund?
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Both the investment will gain you good ROI over the period of time. However the significant difference is in Equity mutual funds you have to wait for a fixed period of time to get the ROI; that period of time is quite longer. Mutual funds are also subjected to market risks and fluctuations. Furthermore there are also fees to open your demat account, expenses for professionally managing the mutual funds.
In the case of real estate investment all these concerns do not arise at all! It is a one time investment with constant appreciation of properties. Period of ROI is equal to NO as compared to mutual funds. In the real estate domain, resort homes are the best investment option today.Recently I came across a unique investment concept- Kamanewala Ghar by Pushpam Sanskruti resorts in Karjat. They have dynamic units like beautiful villas and studio apartments, you can buy that as an investment, enjoy the vacation time with your family and also earn out of it when you are not around. The property yields approximately 20% ROI. It is also equipped with luxurious amenities and a fully gated facility. It can be used as a multi purpose venue for destination wedding, corporate events, meetings, get togethers etc. It is definitely a more beneficial investment avenue than equity mutual funds
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