The real estate cycle, like the business cycle, refers to the activity of the real estate market as it reacts to the forces of supply and demand.
Supply and demand.
When demand for a product, such as housing, exceeds the supply, the price for the product tends to increase. In real estate this period is […]
Leverage: With real estate, people and companies will lend you money to invest. How much real estate can you buy with $20,000? Probably between $100,000-$300,000, depending on the lender. So you only really need a small portion of the funds to buy an expensive asset.
High level of control: With real estate you can do things […]
Houses for sale by owner, also known as “FSBOs,” are a unique case in real estate investment. Buying from an uninformed seller who thought he knew enough to handle everything by himself can be frustrating. It can also be very profitable if you are prepared.
Why do people try to sell a house on their own? […]
What is a “distressed” property? What is “bargain” real estate?
A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less. Discovering the seller’s problem and finding a solution is the key to buying a bargain property. A distressed […]
Homebuyers, especially first-timers, may not think of asking about restrictive covenants. But these clauses dictate what can and cannot be done to or on a property. When buyers purchase property governed by restrictive covenants, they consent to conduct their lives in accordance with those provisions.
A restrictive covenant, which is a type of deed restriction, regulates […]
