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.
This is a great question, one that we receive often. Basically, a simple answer is you should have enough insurance to rebuild your home or property in the event it is completely destroyed by fire, hurricane, tornado or other catastrophe. It is estimated that 60% of American homes are underinsured by 22%.
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