Whether you have one investment property, or 10, or more, you’re an investor. There is a lot of valuable information for you to know. The more you know, the better decisions you can make.
I have been preaching for years the tax advantages of owning rental real estate. However, many investors do not understand most of the tax advantages, especially depreciation. Hence, a brief explanation of what depreciation is and how it works.
Watching for the right single family home to buy can take a lot of time and effort. The following is the math that I use to analyze a single family home quickly and decide if it’s even worth looking into.
Single-family homes have the widest market appeal. Single-family homes have lower rates of vacancy than commercial property because there are more potential renters for a single-family home than there are for a convenience store, laundry facility, restaurant or a strip center. Single-family homes have the most appealing financing terms available and never become technologically obsolete.
There are a number of reasons why investing in single-family homes has become more attractive: Home prices are rising substantially. Given current house values, there exists a good chance for homes to appreciate over time. The underlying home ownership equation has undergone a fundamental change in the U.S., substantially increasing rental demand. Some experts project
One of the biggest questions I’m asked is how do I go about analyzing a property once I find it. There are several things I do and look at with any new property potential, but the most important is the numbers. If the numbers aren’t good, I run. What numbers do I run? For me,