While the current economic environment has caused many Americans to default on their home loans, there are some who are using the crisis as an opportunity to invest in real estate. While there are many options available, investing in a duplex is a better option for three simple reasons: value, appreciation, and cash flow. Understanding these three factors can help you see why you should use your investment funds for duplexes as opposed to single family homes. First, consider how the value of a duplex is determined Unlike single family homes, whose value is based on current market prices, … [Read more...]
Should You Sell or Rent Your House?
May 18, 2011 By Leave a Comment
As more and more people are faced with the looming possibility of foreclosure, they are faced with difficult decisions. Instead of defaulting on their loans, should they sell or rent their house? This question, while difficult, can mean retaining the credit and loan history needed to purchase another house, apartment, condo, or duplex when the real estate market recovers. Working with an association management company to determine how likely it is you will be able to rent your home can help. While either selling or renting your house have merit, it makes more sense these days to rent the … [Read more...]
Moving Forward
April 21, 2011 By Leave a Comment
People move for a variety of reasons. In most cases, there has been a major life change, and the needs therefore have changed. The real estate property that is best for you is the one that fits your present needs. What a person needs in buying property and moving is determined by them. Others can have their opinions, but ultimately the person you need to please is you. Choosing a property is an exercise in patience and frustration. Do you buy new, build, or find an existing home? People only have so much money and credit worthiness. Communities have a limited amount of property … [Read more...]