Real Estate Investing: Why Buying a Condo in a Ski Resort Area Can Be a Great Investment

The decision to invest in real estate can be one rife with risk, but if you're ready to take this type of step into the investment market, you might be wondering where to begin. While upcoming neighborhoods and university areas may always be a place where investment is a viable idea, here are some reasons it can be a boon to consider a resort condo. A Reliable Influx of Visitors The great thing about having a condo close to a resort is that, no matter the weather, people will be getting away in the summer and the winter for some…
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Buying an Investment Property? 3 Key Home Features That Will Help Ensure You Turn a Profit

If you're entering the real estate investment market for the first time, you're embarking on a great adventure - and with a solid plan, you can turn a tidy profit on your investment. The key to a successful real estate investment is choosing the right property. A great property will reap dividends for years to come. Look for these three features in your next investment property and you'll have no trouble finding one that turns a profit. Location: More Important Than You Think The location of your investment property will be critical in determining how much you earn on it…
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First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial financial benefit associated with buying a smaller property, there are a few benefits associated with splurging and buying a larger home as a first purchase. By analyzing these benefits, first-time home buyers can make a more informed decision about how to proceed. Costs Associated With Upgrading In The Future Some people will purchase a smaller…
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Real Estate Investing: Why Buying Raw Land Can Be an Excellent Long-Term Strategy

When many people think about investing in property, they think about purchasing income-producing real estate such as a residential property or an office building with tenants. There are indeed many benefits associated with investing in income-producing property. For example, these properties may produce rent that can offset your ownership expenses. However, buying raw land can also be an excellent long-term investment strategy. By learning more about the benefits of investing in raw land, you may be ready to start searching for real estate to invest in soon. Minimal Ownership Expenses Raw land will not have as many ownership expenses as…
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Real Estate Investing: Why Buying Raw Land Can Be an Excellent Long-Term Strategy

When many people think about investing in property, they think about purchasing income-producing real estate such as a residential property or an office building with tenants. There are indeed many benefits associated with investing in income-producing property. For example, these properties may produce rent that can offset your ownership expenses. However, buying raw land can also be an excellent long-term investment strategy. By learning more about the benefits of investing in raw land, you may be ready to start searching for real estate to invest in soon. Minimal Ownership Expenses Raw land will not have as many ownership expenses as…
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Thinking About Buying a Rental Property? 3 Reasons You’ll Want to Get a Mortgage Pre-Approval

A rental property is a wonderful investment option to consider, and it can provide you with everything from considerable tax benefits to appreciation and monthly cash flow. While you may be eager to get started searching for a new rental property to invest in, a good idea is to take the initial step to get pre-approved for your mortgage. There are several good reasons why a pre-approval is an important first step to take. Determining What Sales Price to Consider The mortgage rules and guidelines for an investment or non-owner occupied property are different than those for an owner occupied…
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