Andrew Carnegie—founder of U.S. Steel and one of history’s richest men—once observed, “More millionaires have been made through owning real estate than through all other industrial investments combined.” Owning real estate investments remains one of the most effective means of growing one’s wealth. But to fully take advantage of the opportunities the real estate market […]
Taking a Closer Look at the Benefits of Both Property Management & Self-Management Most property owners get into the rental property business to boost their retirement savings, replace their nine to five job, or to simply increase their income. And, to say that most property owners want to do this passively is an understatement. The […]
Landlords should always raise the rent. The rent should be raised every year. Real estate investors shouldn’t be stumped on the question to lift the rent each year. There are too many reasons that you can’t afford not to do it. To begin with, you must cover your own expenses. Your costs will almost invariably […]
Real estate investors by their very nature are a bit creative. They are always looking for ways to create and add value, be it fixing up a run down house or adding coin laundry to increase their income from an apartment complex. One creative technique that many investors may not even be aware of, however, is the subdividing of land. Subdividing […]
Airbnb, which matches travelers with property owners who have a couch, a room, or an entire property to rent, has become powerful force in the real estate market. The company began in 2008 as an online platform matching budget travelers with people looking to make money from renting unused space in their homes. Today […]
Buying a home through a Limited Liability Company (LLC) is beneficial for three main reasons: 1. Homeowners can maintain a level of privacy because the LLC is listed as the owner of record. When setup properly deal constructed under legal entities are virtually untraceable. For buyers who appreciate their privacy and wish to prevent the curious from locating their address and/or what they paid for […]
