Mr. Parker is a financial writer associated with the community of “Mortgagefit.com”. He has written more than 500 articles on loans, money-saving tips, foreclosure, mortgage, budgeting, bankruptcy, insurance and so on. He is also a Kindle publishing enthusiasts and associated with various forums and communities. Continue reading
Tag Archives: Real estate
Recently, I wrote about what I think is a common misconception, in that a long-term rental must meet the 2% rule to be a good investment. I think another misconception is that all debt is bad, and must be avoided at all costs. Many people will tell you stay away from debt at all costs, while others will say good debt is okay but stay away from bad debt. Most people define bad debt as debt that uses depreciating assets or no assets as collateral. Car loans, credit cards, student loans, retail goods like TVs, furniture, exercise equipment all would classify as bad debt. My personal philosophy; I don’t care what is used as collateral, if I can use debt to invest and make me a higher return than the debt costs me – I will.
The most important person on an investor’s team is a great Real Estate agent. Real Estate agents can play a huge role in getting a deal, losing a deal, over-valuing a property and many other factors that can make you money or lose you money. Continue reading
Ben Leybovich has been successfully investing in Real Estate since 2006. His area of expertise is creative finance and acquisition methods of income-producing real estate. Continue reading
Selling in a seller’s market is usually much easier than selling in a buyers market, but there are many important factors to consider when inventory is tight and prices are appreciating. Don’t make the mistake of thinking a seller’s market means easy money: cause it won’t go up forever. Stick by your rules, evaluate the repairs that make the most sense and pay close attention to your competition to get the most profit you can.
I just purchased an amazing home for my family and myself and I feel my positive attitude had a lot to do with how smooth the transaction went. Continue reading
There are a lot of questions on the BiggerPockets Forums on if it is worth it to have your Real Estate license. I have been a Realtor since 2002, when my father got me in the business. My father has been a Realtor since 1978 and he has always had a few rentals and done many fix and flips. When I first started in the business I loved doing fix and flips, but wasn’t so keen on selling houses to strangers. I sold enough houses to get by, and focused on the flips since those were much more fun. I always thought it would be smart to buy rental properties, but I was young and not very good at saving money.