Contrary to popular belief, not every house is the ideal fit for a traditional listing. People go through numerous online listing options as they search for homes where they can move in immediately. If a home is not in ready-to-move condition, it may not get enough offers. What’s worse, the few offers that will come … Continued
1031 exchanges are named after the IRS code’s section 1031. This term is often used by title companies, realtors, investors, and many others. In some cases, people use the term “1031 exchange” as a verb rather than a noun. Other words that people use for a 1031 exchange include starker and like-kind exchange. Here are … Continued
Some of the home value estimates you see when searching for houses online can influence your decision. However, most websites can provide inaccurate information. Home buyers who are looking for a quick glimpse of accuracy can use Zillow for this purpose. Zillow calculated home values in the past based on quantitative data such as the … Continued
An inherited property can be overwhelming when it comes to settling the estate of a deceased relative. Probate courts typically take months to process a home. Multiple heirs only complicate matters (especially if they do not agree to sell). Selling the property for cash is a complex process that can be confusing as taxes and … Continued
Many people think about investing in commercial real estate. Besides helping you establish your name in the real estate industry, commercial real estate investing can also help you gain financial freedom. That said, excelling in this industry requires a great deal of dedication and you need to spend a massive chunk of time educating yourself … Continued
If you invest in rental properties or are planning to become a rental property investor, you most likely have a few questions regarding Section 8. Well, we will cover all the benefits and disadvantages of Section 8 to make sure you can make a well-informed decision on whether it should be in your rental property … Continued
The past 4 or 5 decades have seen the self-storage industry expand quite rapidly, especially in the United States. If you have a self-storage facility and are thinking about cashing out, but don’t know how to do so, there is no need to worry, as this piece mentions tried and tested tips to sell a … Continued
Net-Net-Net Leases, Triple Net Leases, NNN Leases, and other variations of this structure are standard in terms of commercial real estate. Although it is a common commercial real estate lease, it is often misunderstood by both parties. There are benefits and disadvantages to Triple Net Leases, just like every other lease. However, they are excellent … Continued
It is possible to make a fortune by selling commercial real estate. There are a lot of surprises to get used to when switching from commercial to residential real estate sales, regardless of how experienced you are in residential real estate. When you prepare for those surprises, you have a greater chance of making it … Continued
It is not uncommon for squatters in Pennsylvania to have rights, and the U.S. does not restrict them. There are specific guidelines that squatters must meet to own their property legally in Pennsylvania. What’s scary is that depending on where you live these squatters actually have more rights than the owners of the properties. Crazy right? … Continued
