One of the main benefits of renting to own homes is the lower down payment. As long as you pay a higher percentage of the monthly lease than the fair market value, you can put that money towards the down payment. Furthermore, you can test drive the house before you purchase it, which can be […]
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Before investing in real estate, you must consider your options carefully. You should be familiar with your neighborhood and learn how to evaluate real estate investment properties. Moreover, you need to choose the right property based on its location. It would help if you also learned about the market trends in the area. A suitable […]
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Understanding your landlord’s rights is crucial to managing a rental property. In addition to having a legal obligation to protect your rental property, you also have a legal obligation to protect your tenants’ privacy. If you violate a tenant’s privacy, you could face legal action, including small claims court or trespassing charges. To avoid this […]
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Considering which cities are the best for real estate investment, consider the economy. Cities with diversified economies are usually less volatile and more stable than those with highly concentrated industries. The Chicago economy, for example, is balanced, with significant sectors including tourism, leisure and hospitality, and private sector companies. However, the city’s population and job […]
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There are many different ways to invest in real estate, ranging from hands-on real estate investing, to using mutual funds or equity line of credit to purchase a home. There are also ways to invest in REITs, and other investment funds. If you are looking for a more passive way to make money in real […]
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As a real estate investor, Richard Vesole, has successfully helped many prospective homebuyers navigate the Rent-To-Own program as a way to profit from home ownership. If you already own a home that you are looking to sell, you can certainly reach a wider buyers’ market when you consider renting the property, and giving the tenant […]
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On a technical level, as every real estate person like Rick Vesole knows, a 1031 Exchange gets its name from a current federal statute, Section 1031 of the federal Internal Revenue Code. This particular piece of legislation, and allowed by the Internal Revenue Service, states that an individual can trade properties if: 1) they are […]
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