Whаt іs а Rеаltоr? Аnd whу shоuld уоu usе оnе? Оnlу rеаl еstаtе рrоfеssіоnаls whо аrе mеmbеrs оf thе Νаtіоnаl Аssосіаtіоn оf Rеаltоrs саn саll thеmsеlvеs Rеаltоrs. Νоn-Меmbеrs аrе оnlу Rеаl еstаtе аgеnts оr Ѕаlеs реорlе. Тhеrе аrе sеvеrаl аmаzіng bеnеfіts оf usіng Rеаltоrs оvеr а sаlеs реrsоn. Аll Rеаltоrs (mеmbеrs оf thе Νаtіоnаl Аssосіаtіоn […]
Investments
Why You Should Buy Rental Property for Cash Flow and Not Appreciation
Many people who invest in real estate are in it for cash flow, not appreciation. Appreciation is great; it allows for easier refinancing and helps to buy more properties in the future. However cash flow is usually the main objective for most investors. You get cash flow when the rent you collect on the […]
What is ARV (or After Repair Value) In Real Estate Investing?
ARV in the real estate world stands for After Repair Value. This is an estimate of the potential monetary value of a property after it has been bought and then completely renovated. These renovations usually include cosmetic work, repairs, rehab or remodeling work. The ARV can also be referred to the FMV, or the fair […]
How To Use Your 401k To Invest In Real Estate
If you have a 401k, you may be wondering how you can put it to best use. You can take this bit of money out of your paycheck before taxes are deducted. Many people put it in a savings account or a retirement plan. Another option is to use it for real estate investments. If […]
Do’s and Don’ts of Shopping at Auction
Auctions can be confusing for many buyers to navigate, but they can also be the ideal paths to homeownership at fantastic prices. Follow these tips and you’ll be a wise investor. Do stay within your budget on auction day. Give yourself a pep talk before you participate that you don’t overbid. If several bidders drive […]
Why paying cash for investment properties is NOT the best move
We, at Bodie Interests, are passionate in our belief that creating a passive income for your family through investment properties is a wise decision. There are generally two ways to go about this, but in our opinion, those two ways are not created equal. Most investors either pay cash for or leverage a property. When […]
Create Passive Income with Single and Multi-family Investments
While putting money in the bank will slowly bring incremental dividends, investing in single and multi-family properties will guarantee passive income (and possible wealth) when done correctly. Think about it: people will always need places to live!According to the U.S. Census Bureau, 31 percent of the population currently rents. Someone is profiting According to the […]