If you’re considering switching careers to real estate, you might be wondering, “How much does the average real estate agent make?” Planning ahead to know how much you can expect to earn before starting a new career will help you understand how much to save and how to adjust your budget during the career transition period. We surveyed real estate agents across the country to learn what their annual...
Want to know how to flip a house for a huge profit? Join the crew! Research from Trulia shows that flipping houses has been on the rise across the nation. Just over 6% of all home sales were house flips in 2016. That’s the highest percentage in a decade! (1) All you have to do is watch an episode of any popular house-flipping show to get why it’s so appealing. A thirty-minute segment makes it look...
Many first-time home buyers are surprised to discover just how many ways you can mess up a home purchase. You may have got your pre-approval, found a home you loved and made an offer. But if you want to avoid messing up the transaction, you will need to be extremely careful until the sale has closed. Keep reading as I tackle what not to do before buying a house. Many of these items are mortgage...
I love real estate; becoming a real estate agent was one of the best decisions I ever made. However, when you become a real estate agent, you give up a steady paycheck and it takes a while to start making money. Unless you can start out as an assistant making an hourly wage, you are going to have to save money before you become a real estate agent. It could be a month, three months, or six months before...
We’re always hearing about different “rules” and guidelines in real estate. Whether it’s a real estate investing for beginners guide or an expert guide that you’re reading, rules of thumb are everywhere. Experts across the industry come up with these rules as a way to help real estate investors better invest. Many of these rules are indeed very useful and can help investors avoid negative cash...
When buying a home, there's a good chance you will have to negotiate with the homeowner at some point. Your real estate agent can help with this process. But the final decision is yours to make. So you need to understand the steps to negotiating the price of a house. In this article, you will learn how to make an offer based on market research -- and how to negotiate accordingly. Step 1 - Review...
So you just closed on your mortgage and moved into your new house. Now what? Here are some of the first things you need to do after buying a house. Tell Everyone About Your New Address Of course people let to tell everyone when they just bought a home especially first time home buyers. But make sure you also give your new address to friends and family. You can do this easily using Facebook or a...
Do you dream of a future with a yard and a white picket fence? One where you’re not writing away 30 percent of your salary to your landlord every month? Being able to buy a home is a big part of what we’re sold as “The American Dream,” but it’s not for everyone. Renting an apartment forever is absolutely an option, and a damn good one. But still, many people every year...
If your application to rent an apartment is rejected, you have a right to know why. It is illegal for a landlord to refuse your rental application for discriminatory reasons. This article focuses on the general rights of tenants, as governed by state and federal law. Federal Anti-Discrimination Law Federal law prohibits discrimination on the basis of: Race Color Religion National origin...
We continue to be culturally conditioned to chase the ideal of the white picket fence. Ask anyone who lost their home to the subprime mortgage crisis and they'll tell you they wish they'd been renting. For most people, buying a home isn't just a major life achievement, it's the major life achievement. Even in an era of globalization, international ideas, and modern families, North Americans continue...