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Phew, More Money On Repairs! May 29, 2010

Posted by Vedis in : Real Estate , comments closed

So far, hubby and I have spent more than $360 on fixing the vacant house. There is still more to be spent on repairs before we start seeing the rental comes trickling in.

Next week, a pro plumber will come fixing the leaking toilets. Then later on Saturday, a technician will come installing a new unit of air-conditioner.

Thank God that there was already an air-cond in a bedrooom and another tenant preferred not to have air-conditioner in her room.

If I Hadn’t Been In Credit Card Debt, … May 14, 2009

Posted by Vedis in : Real Estate , comments closed

If I hadn’t been in credit card debt, I would have bought my dream Wilmington NC real estate and been happily collecting lucrative rentals.

You are lucky if you aren’t in any debt, especially credit card debt.

Never ever get yourself into credit card debt because it’s difficult to get yourself out of the debt hole.

Getting into deep debt is really fast and easy.

Why You Should Invest In Commercial Real Estate April 28, 2008

Posted by Vedis in : Real Estate , comments closed

It is said that if you want to invest in commercial real estate, then maybe the very first step is to invest in your education. You need to know the ins and outs of commercial real estate and real estate investment so that your investment will appreciate in worth over time.

You have to learn to do quality research in order to know which real estate investments are more likely to be winners, which ones are just so-so, and which ones will never amount to anything unless you tear them down and start over. Sometimes you also need your inner voice to let you know which ones are good to buy within your investment budget.

Tips To Maximize The Dollars On Buying A New Home December 30, 2007

Posted by Vedis in : Real Estate , comments closed

Buying a home is a great investment, possibly the largest investment you will ever make, so it seems logical that you would want to invest your money wisely when the time comes to purchasing a new home.

Here are tips that will allow you to maximize the dollars you spend on your new home.

Successful homebuyers emerge from a sale with the features they want in their new home at the best price available in the market.

First, buy a home that meets your needs and desires. For starters, you must know what you are looking for in a home. You must have a list of needs as well as a list of desires, but be sure when choosing the actual home that you go with the one that fulfills most of your needs.

It is not uncommon for someone to start out with very specific needs and wants but fall in love with a home offering different features. Ideally a house will come along that has all of your needs and desires, but sometimes that does not occur. Be careful not to get caught up in the excitement of home shopping and end up with a luxury real estate or home that is not as close to perfect as possible.

Secondly, get the best buy possible to obtain your new home. By understanding what you can afford, you will not spend time looking for homes that are out of your price range.

You also need to understand the various financial aspects of the sale, from whether to spend more up front or make a smaller down payment and work with a larger loan. st home.

Real Estate Investing Generates High Rental Yields Or Returns December 8, 2007

Posted by Vedis in : Real Estate , comments closed

Real estate investing has grown in popularity in the past decade and everywhere in the world everyone wants a piece of the pie. Real estate investment in apartments, commercial real estate, single family rental property, real estate investment trusts or REITs, and shopping centers comprises a significant portion of our economy.

Read hundreds of free real estate investing articles, and you’ll quickly discover how to get started, make money, save money, increase cash flow, and skyrocket your success.

As with a stock that pays dividends, a properly selected and managed rental property will provide a steady stream of income in the form of rental payments. Historically, this percentage of return has exceeded that of dividend yields on average. (more…)