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 […]
Add Value To Your Home With The Right Renovations PLUS a FREE Printable!
With the rise of home improvement reality shows, investment buyers often think that renovations will automatically add value to a home, but that’s not always the case. The remodeling projects that do add after-repair value might surprise you. So before you spend a penny, keep the following suggestions in mind. Replace the front door. This […]
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 […]