certified investor agent specialist silver spring md: How Renters Insurance Protects Landlords
- 10/15/12 12:47 AM
Sometimes, especially in lower income properties, landlords will opt out of requiring tenants to get renters insurance. This is not only a huge risk for the tenants, it’s also a huge risk for the landlord and the reason can be summed up in one word: LIABILITY. Let’s assume a couple hypothetical scenarios where the tenant does not have renters insurance: Continue Reading … (3 comments)
certified investor agent specialist silver spring md: Successful Real Investors are Small Business Owners
- 10/08/12 03:38 AM
Investing in Silver Spring, MD real estate has become increasingly popular since the housing crash in December, 2007. Some enter into this field with a strong business background and/or experience to rely on, and some are completely new to it. Some have a defined set of long-term goals, and some are just looking to make a little money on the side. Whether you are investing to supplement a current income or to forge a new career path, there is one characteristic that all successful real estate investors have – an entrepreneurial spirit. If you want to make money investing in real … (1 comments)
certified investor agent specialist silver spring md: Real Estate Investors are Stabilizing the Real Estate Market
- 10/01/12 03:53 AM
Thanks to an abundance of determined home buyers – a large portion of which are real estate investors – home prices are still rising. While the hot ticket items continue to be distressed properties, the benefits of this strong demand are spilling over into traditional sales as well. The median sales price of homes in Silver Spring, MD has increased from $285,000 in August 2011 to $311,000 in August 2012. The total amount of available inventory has been cut in half during this same time frame. The average number of days a home is on the market has also reduced by 17 percent … (1 comments)
certified investor agent specialist silver spring md: Questions to Ask when Interviewing Property Managers
- 09/24/12 11:45 AM
Purchasing investment properties in Silver Spring, MD have many unique challenges that require a comprehensive understanding on behalf of both the investor and the Silver Spring Realtor, but buying a property is only half of the process. For many investors, the second half involves property management – an equally important, yet equally challenging component. If you plan on using a professional property manager for your rental property, then here are some questions you need to ask when interviewing candidates: Experience An experienced property manager will know how to handle tenant issues, maintenance issues, minimize vacancy, etc. When interviewing candidates, find out exactly how long … (2 comments)
certified investor agent specialist silver spring md: Reduce your Rude Renter Risk
- 09/17/12 03:45 AM
Any seasoned real estate investor who also operates as a landlord can tell his/her fair share of tenant horror stories. From bathroom floodings to poorly trained pets, the range of problems that can result from a bad tenant is limitless. So, what can you do to avoid leasing your prized property to a terrible tenant? Check for false information in the application. Cross reference the employer’s contact information given in the application to the employer’s contact information given by Google. If the individual applying to rent your home has something to hide, you’ll know if they give you incorrect supervisor names … (2 comments)
certified investor agent specialist silver spring md: What NOT To Do When Listing a Home for Rent
- 09/10/12 12:40 AM
With the current rental market being so strong, real estate investors are snatching up Silver Spring, MD homes right and left. Some of those properties are renovated and flipped for a profit, while others are rented out to provide the investor a steadier stream of income. If you fall into the latter category, then here is some valuable advice from a professional Realtor in Silver Spring, MD. Showing Prematurely If you purchased a distressed property in Silver Spring, MD, then more than likely the home needs some work. Make sure that all renovations and repairs are complete before showing the property … (2 comments)
certified investor agent specialist silver spring md: Renovations Done Right
- 09/03/12 01:57 AM
In the current economy, real estate investing is more appealing than ever before. Investors can purchase distressed properties in Silver Spring, MD for far less than market value. However, these homes are often in worse condition than homes listed as traditional sales, especially if vacant for any period of time. When purchasing a home to renovate, it’s important to conduct a home inspection even if the contract does not contain a home inspection contingency. If a home buyer if competing with other buyers in a bidding war, it’s not uncommon for offers to contain few to no contingencies in an effort … (0 comments)
certified investor agent specialist silver spring md: The First Rule to Real Estate Investing
- 06/18/12 01:55 AM
Real estate investing in Montgomery County, MD has been on the upswing since home values and mortgage rates plummeted several years ago. Initially, the approach was slow – partially due to the abrupt market change which revised everything we thought we knew about real estate, and partially due to the fact that the market was an utter, chaotic mess. Now that consumers and the government have adapted to the new reality, real estate transactions are swifter than they were back in 2008. Lenders have gone through their trial and error stages, and real estate professionals are better educated thanks to … (0 comments)
certified investor agent specialist silver spring md: Non-Recourse Loans for Self-Directed IRA’s
- 04/16/12 12:58 AM
If you are a real estate investor in Silver Spring, MD with an IRA, you may want to look into getting approved for a non-recourse loan for a “self-directed IRA”. Self –directed IRA’s have gained recent popularity, no doubt due to a real estate market that is primed for investors. As investors looked for more creative means of non-traditional investing methods, self-directed IRA’s came to light.
What is a self-directed IRA? A self-directed IRA, simply put, is the ability to leverage your IRA funds through a loan. However, it is important you understand that your IRA funds cannot guarantee … (0 comments)
Sometimes, especially in lower income properties, landlords will opt out of requiring tenants to get renters insurance. This is not only a huge risk for the tenants, it’s also a huge risk for the landlord and the reason can be summed up in one word: LIABILITY.
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