What You Need to Know Before Taking Out a Mortgage on an Investment
Tuesday, September 26
Obtaining financing for a rental property isn’t too different from what you’ll go through when taking out a mortgage for your primary residence. The actual process is very similar - get pre-approved, have your offer accepted, do the inspection/appraisal, sign your name 50 times at closing, etc. H...
Why Your Credit Score Matters in Real Estate
Monday, September 25
The recent security breach at Equifax has a lot of people, myself included, looking at their credit reports and scores more carefully. While now is a great time to review this information, it really is something we should all be doing at least once a year anyway. Why? Because credit scores can ha...
Investment Deal Breakers: What Makes Me Say No to a Property
Friday, September 22
Over the last decade or so, I’ve invested in hundreds of properties in several different markets. I’ve learned a lot doing this, about investing, real estate, market trends, and even myself. I’ve figured out what works for me as an investor, and which properties align with my strategy and will br...
Property Trends: What Tenants are Expecting in Today’s Rentals
Tuesday, September 19
For most renters, simply having a roof over their heads isn’t enough. They can get that at mom and dad’s house, or couch-hopping at friends’ places. If they’re going to spend money on their own place, it’s got to offer a bit more.Which is why you, as the investor, need to make sure to provide it....
Cash or Financing: What are the Benefits of Each?
Monday, September 18
With any new investment, there are two options for purchasing: paying all-cash or securing financing. There are plenty of arguments for each, so if you’re in the position to choose your method of purchase, you’ll have to consider the benefits of each carefully.For many investors, however, there’s...
4 Non-Sneaky Ways to Raise the Rent Without Upsetting Your Tenants
Thursday, September 14
Rent hikes can be an uncomfortable situation for both tenants and property owners. There’s always the risk of a confrontation, or worse, a vacancy. As a result, some investor-owners avoid raising the rent simply because they don’t want to deal with the potential negative consequences - even if an...