For the average real estate investor, apartment investing may seem a little overwhelming. If you understand a few key points, however, you can play the game and start building wealth too.
B.R.R.R.R. Method
The B.R.R.R.R. stands for Buy, Repair, Rent, Refinance, and Repeat. Simply put, it is a philosophy of investing in multi-family buildings that involves buying a distressed property, making the necessary repairs, finding renters who are willing to pay more for the upgraded units, refinancing for a better interest rate, and repeating the process with your next building.…
When you talk about buying a house with your family, you should figure out details about what everyone wants, such as square footage, bedrooms, bathrooms, and neighborhoods. With reasonable demands, you should be able to find homes that satisfy your wants and needs.
Finding a home that your family also finds attractive may be tough to accomplish. This makes it worth looking at certain rooms that can have an enormous impact on attractiveness.…
While you may feel tempted to buy a single-family home for various reasons, you may end up deciding that you are most interested in a condo. This may happen because you love the idea of living in a place with a built-in community where you also do not have to worry about extensive upkeep because the condo association will handle all the work with the landscape and building exterior.
If the one thing that you are a little worried about is not getting the same amount of fresh air and outside time as you would in a house, you should follow several tips when buying a condo.…
