All good investors are visionaries. That is, before making an investment they make predictions about the future – which may or may not come true.
That said, and working with the humility appropriate for any investor with a healthy appreciation for risk and instinct for survival, here are eight trends we believe will make their mark on rental real estate going into 2015 and beyond.
So often beginning investors focus on real estate investing techniques that they lose sight of the important issue – is this a good deal? Learning to recognize a good deal takes research, education and, above all, experience.
Here’s a good formula to determine whether a potential real estate purchase is a deal. It’s a simple acronym called “C.L.E.A.R.”…
Entering the real estate market is a bold move, especially for those without previous experience in managing or operating rental properties. Mistakes are common and profit is not guaranteed. However, location plays a vital role in first-attempt success rates. Before deciding on a potential investment location, consider trends in both property purchase prices and current rental market strength.
Chocolate cake and real estate. Probably not a combination you think of very often. Unless, of course, we’re talking about chocolate chip cookies and open houses, which every agent knows is the winning combination. Wondering how we can link the two? Keep reading.
Over the past few years, investors looking for single-family rentals have found themselves running into supply issues in certain parts of the county, where institutional investors have scooped up many of the great deals. That doesn’t mean the smaller investor is out of luck; we just need to think outside the box.
Norada Real Estate Investments is pleased to offer our new Stated-Income Mortgage Loans, available on many of our investment properties. These loans are available on 1-4 units properties with just a minimum mid FICO score of 650. You can get up to 70% loan-to-value (LTV) with absolutely no personal income verification.
As we enter the final quarter of 2014, we can look back at almost two years of a real estate turnaround having bottomed around early 2013. Investors were poised to capitalize on one of the best real estate investment opportunities ever seen.
There was significant upward pressure building on single-family home prices created by historically low interest rates, falling unemployment rates, and an improving economy. Those factors have resulted in increased demand for housing from both home-buyers and investors alike, which has pushed housing prices higher in most markets nationwide.
A better class of renter is changing the fact of Rentorship in America, creating a climate for higher rents.
Rental applicants, especially those applying for less expensive units, continue to see improvements in their credit risk, according to the latest TransUnion Rental Screening Solutions industry report. The average ResidentScore, a measure used to assess a rental applicant’s risk level, improved by 0.8% between Q2 2013 and Q2 2014.
When you own income-producing rental property, it’s important to attract renters and keep tenants happy without sinking a small fortune into luxurious upgrades that won’t get you much return on investment. On the other hand, not taking care of your property or offering upgrades will likely cost you more in the long run, as you’ll have a harder time finding and keeping responsible tenants. Luckily, there are some property improvements that are relatively affordable and can increase your rental home value and overall rental income.
Once again, I was honored to be invited back as a guest on the Investing Coast-2-Coast radio show with Pete Asmus and Ivan Oberon.
These two guys broadcast a great daily radio show and have a ton of fun doing it. It is a “must listen to” radio program for new and seasoned real estate investors.
On the radio show we went into depth on each of my 10 Rules of Successful Real Estate Investing. We also covered a few other topics as we went off on tangents. Be sure to listen to the program.
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Demographically, a lot has been written about how Millennials and Baby Boomers will impact real estate. But how will 11 million undocumented immigrants impact residential real estate if they are given residency?
Will millions of undocumented immigrants buy houses and increase prices and rents? Already, we are starting to see some signs of how immigration is impacting housing.
