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When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.
Falling mortgage rates have captured the attention of home buyers, as mortgage applications for a home purchase, which is a gauge of future homebuying activity jumped 9% this week.
Check references and get a sample inspection report before you hire a home inspector
When you overprice a home it takes more than three times as long to sell
Get a thorough home inspection before you buy real estate and get one before you pay for an appraisal just in case the inspection reveals something so major you decide against buying the property.
Why We Fall in Love—With Houses [View Article]: It is often said that people make buying decisions with emotion and then justify them with logic. This is especially true for home purchases. This unfortunate tendency can be particularly destructive if you fall in love with a property that is intended strictly for investment and end up overpaying for it. Emotions must be held in check, and subdued with cold, calculated, logic when you are making buying decisions on investment property.
