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The real estate industry is built on a foundation of information sharing and collaboration between agents, buyers, and sellers (among others). One tool stands out as a “must-use” in this process, known as the MLS (multiple listing service).
What...
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Investing in real estate means you must know many terms, including appreciation. You probably know appreciation is when an asset’s value increases, but what is appreciation in real estate, and how does it affect your investment?
What It Means...
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If you’re ready to buy properties to add to your investment portfolio, you might wonder, “What is a real estate agent, and do I need one?”
Working with a real estate agent has many benefits, whether you buy or...
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Before we talk about what happens to real estate during a recession, let’s first define this term.
A recession is a significant decline in economic activity lasting longer than a few months. It is characterized by a drop in...
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You’ve likely heard of depreciation on equipment and other items in business, but did you know depreciation in real estate is possible? In fact, it’s one of the most important deductions you can take as a real estate...
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Understanding how to do a comparative market analysis (CMA) as a real estate investor is vitally important. Being able to accurately determine a property’s market value could help you make better investing decisions. Whether you’re looking to add...
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The concepts of real estate vs real property represent different aspects of property ownership. Real estate is defined as a physical property and any attachments or improvements made to it. Real property comes with a bundle of common...
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When you buy or sell property, a deed transfer takes place. A deed is a legal document that proves you have ownership in a piece of property.
Sometimes, properties may not have a clear title or line of ownership....
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“Foreclosure” can be an ominous word in real estate, and the process can feel a little murky, since it varies from state to state. Savvy real estate investors should understand foreclosures in case they face foreclosure themselves or...
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Do you want to maximize real estate investment returns, diversify your portfolio, and build wealth? The secret is to use leverage in real estate investing.
Leverage is a valuable tool that uses other people’s money to buy property. This...