About Me

Real Estate Investment 101: Getting Started

Buying my first home was a learning experience, but not nearly as much so as buying my first investment property. With real estate investment becoming increasingly popular, I've seen that more and more people want to get into the industry but don't know how. Once I learned the basics, I decided it was a perfect time to create this blog to help others. On these pages, I share what I've learned and how I found my place in real estate investment. I hope that the information on this site will help you to learn how to find your first investment property.

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Where To Find And How To Qualify For Low Income Housing Programs
Homeownership; they say it is the American dream. For most, it probably is. Homes provide a sense of security. Houses represent comfort, safety, and predictability. Humans, as a whole, love things to be predictable and routine because it is comforting emotionally to know exactly where you live and what to expect when you walk in the front door. However, not everyone can afford a house. For those that need a low-income housing option, there are actually a lot more options than you might expect.

How Much Rent Can You Afford
If you want to move into your own rental apartment, one of the best steps you can take is determining how much rent you can afford. Once you know this, you will have an easier time narrowing down which apartments to view, and here are some tips to help you determine how much rent you could afford to pay. Figure around 25% of your gross income The first thing you should know is that you can use the standard equation of 25% of your gross income to determine an approximate amount you can afford to pay for rent.

2 Recommendations For When You Build Your Next Home
Buying a home is an important decision, as it is one of the largest purchases you may make in your life. Building a home provides you the opportunity to get a home that has the amenities and features you want, but there are some important considerations to remember. Here are two recommendations to help you during the home-building process. 1. Hire a Real Estate Agent Although you are building a home through a home building company, it is still important to make sure you understand all the contracts you sign in the process and agree to the best options for your interest as a home buyer.

Is It True Monthly Payments Can Vary On A Fixed Mortgage?
When buying a new house, many people prefer to get fixed mortgages because they like the predictability of the monthly payments. However, depending on your lender and where you live, the amount of your mortgage payments can fluctuate from year to year. Here's why this may occur and your options for handling this situation. Taxes and Insurance Affect Mortgage Payments To minimize their risk of losing money on a home, it's common for banks to build the cost of homeowner's insurance and property taxes into the mortgage payments and then place the extra money collected into an escrow account that is used to pay these expenses on a yearly basis.

How A Land Developer Can Help You Build Your Dream Victorian House
It is no secret that some people love Victorian architecture. The Victorian Era was a period of splendor, prosperity, and peace. Every house built during this period had its own features and personality. When you look at a Victorian house, a bunch of emotions run through your mind. You think about the history, Queen Victoria, excellent writers and great poets. Read on to find out how a land developer can help you build your dream Victorian house.

Disabled & Buying Your First Home? 7 Ways to Make it the Fabulous Journey it Should Be
Just because you're one of the millions of Americans living with a disability, doesn't mean you don't have the American dream of finding and buying a home of your own. Although you might face a few obstacles unique to your circumstances, that's not going to get in the way; in fact, if you have the means and the motivation, you'll be packing up for the new house in no time at all.

Looking At Homes In Person Vs Online
The Internet has made it a lot easier to take care of many things. You can even do all of your grocery shopping online, pay your bills online, buy clothing online, meet a partner online, get a job online and even check out houses online. Yes, you can look at houses to buy without leaving your current house. While this may sound wonderful if you are a person who has come to love the convenience of taking care of just about everything online, you do want to learn about the differences of looking at homes in person versus online, so you aren't surprised by the final outcome.

Are You Ready To Buy A House?
Buying a house is a huge step to take, and you will not want to take this step unless you know for sure you are ready to be a homeowner. There are many different ways to evaluate this decision, but here is a method you can use that only involves answering three different questions. Are your finances in order? The first question you should evaluate involves the stability and condition of your finances.

Buying Your Very First Home? Two Money Issues To Consider
Are you finally ready to move out of an apartment and into a home? If so, you'll be wondering if you have your finances in order to do it. Buying a home will be a big financial commitment, which is why you want to make the right decision on this purchase. Here are two money issues you need to consider. Do You Have Enough Saved For A Large Down Payment?

Does Being A Landlord Always Have To Be A Full-Time Job?
When you have a second property that you don't use often, you can decide to rent it out and become a landlord. This can provide you with a secondary income stream which can be a major boost for your finances. However, when you decide to be a full-time landlord, there are responsibilities and challenges that you'll have to contend with. Challenges of Being a Full-time Landlord Being a full-time landlord means you're also in charge of the management of the property.