Advertise your offer in the real estate hubs, or even in the local dailies. Recently, there has been high demand for foreclosed homes and for a good reason.

Should you Trust the Listing Agent?

Should you Trust the Listing Agent?

It is common and rather obvious knowledge that the listing agent works for the seller and he/she is not entirely on your team. Why? Because while you may be looking to get your dream house at the lowest price, the seller will always be looking to make a killing from selling his/her house and listing agent is hired for this sole purpose to ensure the seller gets a good deal out of the house. 

There are buyers who will prefer working with the listing agent because this way they do not have to hire and pay their own real estate agents. While this may make sense on some level, it could also work against you because you will not have your own representative to speak up in your favor during negotiations.

Besides this, the listing agent signed a contract with the seller and not with you. Meaning, he/she is bound to the seller and not to you and so any information you share with him might very well be used to your disadvantage during the selling/buying process. 

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How to Know a Good Investment Property

How to Know a Good Investment Property

The minute you decide to buy an investment property, you need more than just finances. Usually, first time investors have a difficult time determining good investment property from the not so good property. A good investment property is bound to give you better returns and give you the value for your money. 

Here are some of the factors that should guide you when looking for a good property to invest in:

1. The Neighborhood

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How to Save Money when Buying Investment Property

How to Save Money when Buying Investment Property

When you think of buying investment property, the first thing that comes to mind is the finances. Therefore, the only ideal option is how to save money but the pertinent question remains, how do you go about saving money in order to afford investment property? Do you cut on utilities, food and other miscellaneous spending? While this is a viable option, it may take you a long time and it might not really work in the end. 

Know the fundamental expenses such as purchase total and the loan limit as well as the total cost (insurance and taxes) of the investment property that you intend to buy. Ask yourself why you want to buy the investment property. 

Most people want to invest in property in order to make some steady cashflow, to be self-employed and probably have a better retirement package. 

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10 Tips You Must Know before Becoming a Landlord

10 Tips You Must Know before Becoming a Landlord

Many people harbor the dream of becoming proprietors/landlords sometime in their lives. However, very few people planning to invest in the business have facts about what it entails. Like any other business, being a landlord requires one to be prepared at hand for their investment. You must understand the market. That is, its benefits, risks, and what you need to do, so that you can benefit from the investment.

Preparing to become a landlord

1. Understand the relevant laws

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Beginner Tips for Buying Investment Property

Beginner Tips for Buying Investment Property

Obviously, buying investment property is one of the surest and fastest ways of accumulating wealth. This probably explains why the property investment business has become such a boom. However, buying the ideal investment property can pose a challenge, especially to the beginners. 

It would be helpful to note that buying investor property is not very different from buying personal property. There are a few factors to consider and with these tips, you can get a good bargain as far as investment property goes.

Tip 1: Do a thorough homework before committing your money

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