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  • 3 Tips For Beginning Property Investors


    If you are interested in investing in property, you need to be prepared to invest a considerable amount of time into the learning process. Here are three things you should do as a beginning property investor. #1 Determine Your Investment Area The first thing you need to do is determine your investment area. You need to decide if you want to spend time learning about either residential or commercial properties in your area.
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  • Options For Financing A Commercial Property


    If you're in the market for your first commercial property, the purchase process can be overwhelming. The financing for commercial properties is unique as well. If you've never bought commercial property before, you may not be aware of some of the financing options available to you. Here's a look at the three most common methods for financing that first commercial property. Traditional Bank – Many people turn to their bank for commercial financing just as they would for a home.
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  • Pros and Cons of Turning Your Home into a Multi-Family Unit


    With small and tiny homes becoming all the rage, what do you do with a large house if you want to downsize but don't want to move? Some homeowners are finding the solution by breaking up their houses into multi-family units. Not only will it allow you to live in a smaller space without moving, but it brings in extra monthly income.  Things to Consider Before you decide to convert your home to multiple units, think about what you will gain and what you will lose.
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  • Investing in Your First Commercial Property? 4 Things You Should Look For


    You're finally in the market to buy your first piece of commercial property. You've already been approved for financing. Now it's just a matter of finding the perfect property. Before you let excitement get the best of you, take the time to pick the property that's best suited for your needs. Here are four things you should look for when purchasing commercial property. It's All about Location You've found the perfect building.
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  • How To Read A Real Estate Listing


    Unless you are a real estate broker, the lingo used by a brokerage listing can be confusing. You must understand what the terms stand for or you may end up saying a bathroom instead of a bedroom. That is one of the reasons an agent can be helpful. However, this list may be helpful for your reference. 5/4/2 means you have five bedrooms, four bathrooms, and a two-car garage Ac is acres but a/c is air conditioning Br is bedroom but ba is bathroom Btsa is a bonus to selling agent Are you confused yet?
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  • 3 Questions To Help You Determine If You Should Refinance Or Sell


    If you are struggling to pay your mortgage each month, it's time to do something about it. You could refinance your home or sell it and buy or rent something cheaper. However, which option is right for you? These questions can help you make up your mind. Is Your Main Goal to Lower Your Monthly Mortgage Payments? If you are looking to lower your monthly mortgage payments, and you have at least 20 percent equity in your home, a refinance could help thanks to low mortgage rates.
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  • 2 Tips For Sharing A Studio Apartment Effectively


    Studio apartments are the smallest type you can rent, which also makes them the most affordable. Unfortunately, you may find that it is still hard to afford one on your own. To solve this issue, you could also find a roommate. This would reduce the monthly expenses you have, but it could also create other problems. To avoid issues with an arrangement like this, it's vital for you to come up with a plan.
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  • The Advantages To Purchasing A Manufactured Home


    Purchasing a home is one of the biggest financial investments people make in their lifetime. With so much inventory available, it can be difficult to navigate through the various types of homes and what a reasonable price is. Manufactured homes offer an alternative to traditionally built homes, and they also offer a variety of advantages. Read on to learn about some of the reasons manufactured homes are an excellent choice.
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  • 2 Reasons That Buying A Home After The Recession Is A Smart Move


    If you were one of the more than 5 million people who lost their home during the recent recession experienced in the United States, renting your current home is probably already a bit frustrating. Between the inability to make any major changes and knowing that each month you are helping your landlord pay off the home you are living in, renting a home can be a big step down for anyone who has enjoyed home ownership.
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  • 3 Ways To Deal With Tenants That Want To Break Their Leases Early


    The lease agreements you use with your tenants is a vital document for protecting yourself and your properties. One thing it should clearly state is the result of a tenant breaking his or her lease before it ends. Leases often state that tenants are responsible for paying rent for the entire lease, even if the person moves out early. Unfortunately, it can be hard to collect all this money from a person, unless you fight the battle in court.
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