There are a lot of decisions a rental property owner has to make before taking on renters. One of the biggest decisions is deciding on a pet policy.
Allowing pets into your rental home could be a risk as your property could be damaged, but it could also open the door to having really great tenants. So what’s the right option?
I’m going to go over the pros and cons of allowing pets into the rental home below.
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Being a real estate expert was always a dream of mine, and it was quite the journey to get to this point where I feel like I fully understand this field. Real estate investing always attracted me because it’s exciting, fast-paced, and has the potential to be very lucrative, but it truly is a world of its own.
Understanding the world of real estate investing takes some time and dedication to studying it as you would with any new skill, but there are some things you’ll really only learn once you get started. That can be the challenging part about getting started in real estate investing: some lessons you’re going to have to learn firsthand.
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Smart drugs and brain-boosting enhancers. They may sound like something out of the film Limitless, but CEOs and entrepreneurs know this little-kept secret: they’re actually real, and they’re called nootropics.
Nootropics are a category of supplements, drugs, and other substances which can not only improve your brain function, but help with specific areas like memory, creativity, and other key executive functions. That’s why leading CEOs and entrepreneurs around the world are raving about nootropics, because they know these brain-boosters give them a leg up, and help them skyrocket ahead of the competition.
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Being a successful investor is a big dream for many people, and its makes sense why. If you can overcome the hurdles of investing, and propel yourself to success, the payoff is huge: financial freedom and security for life. Those are no small asks.
So, the big question is, how do you find success as an investor? During my real estate investing journey, I definitely experienced highs and lows, which I am very grateful for. I learned how to be a successful investor all on my own, and on the way, learned truly valuable lessons, about life and success as an investor.
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The coronavirus has impacted nearly every industry on the planet, but just because they’re impacted, doesn’t mean life is on hold. We’ve seen this in the real estate industry firsthand, that business does need to continue in some shape and form.
Continue readingThe coronavirus global pandemic has had devastating impacts on the global economy, and mostpeople are feeling some sort of impact in their everyday life. For those who lost work or have reduced work, they’re feeling an immediate impact on their most valuable asset: their income. Continue reading
The coronavirus global pandemic has rocked the global economy in many ways. Here in the United States, the housing market has been upended, but not in the way you might think. Mortgage rates have actually hit an all-time low, which may be both tempting and confusing to some people, especially because of the other economic stress factors at play. If you’ve been thinking of buying a new home, you may be wondering if now is the best time to buy. Here are some things I recommend you consider, if you want to buy a home.
Continue readingWhen you are looking to buy your dream home, being able to get approved for a mortgage will be a make or break factor. If you have a less-than-desirable credit score, you may find that it is actually quite challenging to be approved for a mortgage, which can be a heartbreaking realization. I’m a big believer that everyone should be able to afford the home of their dreams, and that they can, with the correct financial advice. And the good news is, there are actually steps you can take, to help improve your credit score. Especially if time is of the essence, and you’re thinking of applying for a mortgage soon, these steps could be what helps you get approved. So here are five ways to improve your credit score quickly.
Continue reading![Wholesaling Real Estate: No Money? No Problem! [2020 Strategy Overview]](https://jacquespoujade.files.wordpress.com/2020/04/wholesaling-real-estate.png?w=1000)
A common misconception in the real estate world is that you need to have years of savings to get your foot in the door. While that might be true in some realms, the real estate field has a lot of opportunity in a variety of fields. Some of which you can start in without much in savings at all.
My name is Jacques Poujade and as the Managing Partner at LendPlus, I have dedicated my professional life to helping others build their finances from the ground up. Here’s my take on wholesaling real estate. No money? No problem!
What is Wholesaling Real Estate?
Wholesaling real estate is when a wholesaler buys from a seller with the intent to resell it. From there, the wholeselling professional sells it to a buyer at a higher price. You can do this with or without renovations included. You might be thinking, how can I possibly do this without hundreds of thousands of dollars in savings? Well, that’s where I’m here to help.
Purchase Contracts
Oftentimes, properties have motivated sellers that are simply interested in selling their property for the best rate, at the fastest rate. When this happens, it leaves room for a wholeseller to purchase this contract. Oftentimes, these are distressed properties that are prime for a flip. If you have the money saved to renovate, then doing so could be a great investment. If not, simply purchasing the contract could provide you with a great item to sell to other investors. If that’s the route that you choose to go, your next step it to sell the contract.
Assign (Flip) Contract to Another Investor
If you don’t want to flip a refinished house or don’t have the funds to renovate, selling your contract is a great option. With a simple agreement, you can turn the contract you’ve purchased over to another buyer at a higher rate. They take over the agreement using the money taken out of your pocket throughout the entire process, with several thousands of dollars placed in it! This is also a great opportunity to build a network and learn more about the real estate industry first hand!
Build Your Business
As with any business, it’s important to build your brand from the ground up. When you sell, even as a wholeseller, you’re building your reputation with buyers and other real estate professional. In doing so, you’re creating a great base for your network to build upon both financially and professionally. Are you looking for ways to learn more about finance? Here are a list of personal finance podcasts that I recommend.
Real estate is a thriving business that many want to go into, but few know how to. As a successful real estate and finance professional, I know that anyone can be a successful real estate professional no matter your experience or financial situation! If you’re looking to expand your knowledge on purchasing, flipping, and rental properties, learn more here.
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As a real estate and real estate investing professional, I’ve seen a lot during my 30 years of experience of working in this field. As a managing partner at LendPlus, it’s my goal to help my clients finance a home they’ll love for years, or to facilitate investments which will make a huge difference in the lives of investors. I’m also always happy to help others by sharing my expertise, and people often ask me a wide range of questions. I recently dove into what seniors need to know about reverse mortgages, because I know it can be difficult for seniors to manage their finances once they hit retirement. Today I want to talk about paying off your mortgage early. People have a lot of questions about paying off mortgages early, so I want to answer some of the top questions asked.
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