If one understood the repercussions that getting sued has on one’s time, energy, resources and personal life as well, almost every investor would take clear steps to avoid such mistakes not unless you are thrown into a legal situation that is not of your doing. Mistake #1: The Usage of Poor Legal Forms Instead of …
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Most rookie real investors have their work cut out for them when it comes to dealing with sellers, especially when they have to meet them face-to-face to initiate conversations experiencing bouts of fear and doubts, but in the long run will turn out to be the fun part when you receive your checks. However, adequate …
Ever so often, real estate investor has to sit down and think about the kind of entity they should use for their business. However the answer to the question depends on a lot of factors such as the size of the business, the investor’s source, type of income and the number of family members involved. …
When you intend to buy a property and do so by paying a mortgage every month, there are times of misfortune (that occurs in everyone’s life) that result in an inability to pay off the mortgage for whatever reason. So, what happens to properties that are in the possession of the bank as a result? …
In matters of loans in real estate, asset-based loan financing of various kinds can be sourced of which there are hard money loans as well as conventional investor loans. Although they do provide the means to a similar end, however, they are very different when it comes to certain characteristics of loans. The dichotomy of …
With the astounding figures that the real estate industry transacts in every year, one cannot help but reiterate the importance of investing in property of your own. Not only is it a ‘commodity’ that you cannot produce any more of, which obviously is one of the reasons for its increase in value every year among …
Most of the folks listed on Forbes started off by thinking big, by thinking rich. But it doesn’t end there. You have to work towards your dreams which could be anything from becoming a millionaire to just about that takes your fancy, although the former is what most normal folks dream about. To be honest, …