If you want to begin creating a real estate portfolio that is lucrative, but not flashy, there are many ways you can do it. However, recommendations for the professional property investors suggest focusing on these six areas if you want to make your first investment a successful one. Here are six ways you can invest in real estate the smart way.
Are you thinking about buying a condo? Condos are a popular housing type in pricey real estate markets like Toronto and Vancouver due to their relatively affordability compared to single family detached homes. When buying a condo, many people assume that they don’t need home insurance. If anything were to happen, the condo has its own insurance and they should
Congratulations! You've decided to enter the wonderful world of homeownership and make the most significant investment of your life. Navigating the real estate market is often frustrating and outright overwhelming for first-time homebuyers. But with a little research and the help of a trusted agent, you'll do just fine. Once you've decided you're ready to move forward, the first thing
Many people treat home ownership like it’s a quest they must undertake at any cost. Even if they don’t have directions or a map. It’s something know they must do, even though they don’t exactly know how to do it. Instead of focusing on buying the biggest home you can find, you might want to concentrate on how you’ll make
Owning a house is a pain in the rear end. Is it the American dream? Sure. Still, maintaining a house can be a nightmare. Something in a house always break down or require repairs. A house does not take care of itself. That’s why I wonder if people develop realistic house flipping strategies before endeavoring to attempt one. House flipping
First-time homebuyers will have many different responsibilities that come with owning a property rather than just renting one. From year-round yard maintenance to calling a plumber yourself, homeownership can seem much more expensive than you were expecting, especially in the first year. While 78% of recent homebuyers thought that their real estate agent was a very useful source of information regarding these types of expenses, many first-time homeowners still aren’t aware of a great financial perk. As a homeowner, you can receive certain tax breaks that renters can never claim.