Investments can help you earn lots of money. If you can invest your money judiciously, you can get a good return. There are various kinds of investment vehicles through which you can earn extra dollars. Real estate finances and investment is a good and profitable investment vehicle. If you can profit from your investment, you can use that money to pay off debt.
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Leasing Out Office Space from a Brokerage Building
Depending on the working preferences of agents, brokerage buildings can often have available space. Tenants may leave or the brokerage may acquire a new property with unoccupied space. Owners or management will be responsible for maintaining and caring for the property, and good maintenance increases the possibility of not only leasing the property sooner, but achieving a higher rental rate for a longer period.
Continue readingData-Driven Insights in Real Estate Analytics: The 5 Key Drivers
The commercial real estate investment management industry in USA and Canada is more dynamic than ever, and the provision and accessibility of data plays an instrumental part in its success, accelerating efficiency and profit.
Data has always been important. Real estate companies have always relied on the collection and analysis of data for pertinent decision-making, but up to date real estate analytics software and deal management software allow investors to make decisions faster and more assuredly – in minutes, instead of hours or days, as it may have done in the past. Here are 5 key drivers of data-driven insights:
Continue readingReal Estate Scams Trending in the Digital Sphere
Real estate scams cost buyers, renters, and landlords billions of dollars annually. The transition to digital real estate solutions and a rampant housing market resulting from the COVID-19 pandemic has seen them increase more than ever before.
You should be mindful of these four real estate scams currently trending in the digital sphere, from wire fraud schemes to phony home and apartment listings.
Continue readingMoving Out of Your Parents’ House: How to Do It Right
Leaving the nest and moving for the first time can feel overwhelming. Fortunately, there are ways to avoid the common issues and mistakes that come with finding a place to live, choosing essential furniture, and arranging your new space. It is an exciting and scary time! Use the tips and information in this guide to help with everything from packing your stuff to finding the perfect place. With the right advice, moving into your own place can be a seamless experience.
Continue readingWhy It’s Best to Avoid the Long Road of a 50-Year Mortgage
The 50-year mortgage first appeared in southern California, where housing was becoming increasingly costly, and people were looking for new ways to reduce their monthly mortgage payments. Except for the extra two decades to pay off the loan, it works the same as a 30-year fixed mortgage.
The advantage of a 50-year mortgage is the lower payment, but the significantly higher long-term costs may outweigh this advantage. Let’s see if you should go down that long road.
Continue readingFixer-Uppers and Forever Homes: Is Your New House Your Last?
For new house hunters, the home-buying process can be overwhelming and difficult to navigate. Finding the right house depends on your budget, needs, wants, and life phase. The following tips from Realty Executives can help you determine if your next move should be into a starter home or something more permanent.
Continue reading5 Legal Issues Home Sellers Should be Aware Of
If you are working hard to get your home ready to sell, this may be a good time to take a break and learn about a few of the legal issues that await you. The process of selling a home presents you, the seller, with one legal issue after another that must be addressed and resolved. If you fail to do so, you could lose a buyer or, even worse, end up being sued for damages.
That last part about a lawsuit probably got your attention, but keep in mind that most homeowners get through the process of selling a home without a lawsuit or disgruntled buyer. It all depends on taking the time to recognize and fulfill your legal obligations as a seller while also ensuring that your rights are protected.
Continue reading7 Tips for Selling a Rental Property
There are many reasons why people decide to sell their property. One of the most common ones is, of course, profit, or the lack of it. You might have spotted a chance in the market to profit by selling your property, or you have simply realized that renting it will not bring you the kind of profit you’re looking for, so you naturally decide to sell it. Nevertheless, there are many other reasons why people opt for this decision.
Selling a rental property is an exciting adventure, but you need to do it right. This is precisely why our Realty Executives team has decided to share some valuable tips for selling a rental property, so let’s get into it.
Continue readingWhat It Takes to Enter the Real Estate Industry as a Commercial Developer
Real estate is a general industry with many career opportunities. As a commercial real estate developer, you may find job stability and many lucrative opportunities. However, you will need to put in the time and dedication it takes to reach the top. This brief guide will help you better understand what it takes to become a real estate developer.
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