real estate
Investing in Real Estate – 4 Investment Options
Real estate investing is satisfying and lucrative, when done right. It can help you diversify your investment portfolio as well as generate extra income. Many of the real estate investments don’t require you to deal directly with tenants. Also, you can purchase a property by paying only a fraction of the total price and then […]
Foreign Investment in Real Property Tax Act
In 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA), 26 U.S.C.S. 1445. The law provides that if a seller of real property is a “foreign person,” the buyer must withhold a tax equal to 10% of the gross purchase price, unless an exemption applies under the law. A “foreign person” is […]
Tips On Picking “Sleeper” Real Estate Property
Real estate investing is all about perception. Your perception of where the market is going, in conjunction with where it’s actually going. The aim, as always is to buy low and sell high. You want to buy a cheap tract of dirt and sell it as a high priced piece of developed real estate, after […]
The Importance of Regular Home Improvement
Home improvement, by definition, is making changes to one’s home by making improvements on the house’s looks. Home improvement is usually done by professional contractors, handymen, and even the house owner himself. Home improvement is important because real estate’s value appreciates more if a property is well-maintained. Home improvement is seen by many as unnecessary […]
Types of Real Estate Investment Properties
Real estate investing strategies have undergone major changes in the past four years. Before the banking crisis and economic recession, many investors were generating massive profits through rehabbing distressed properties and engaging in house flipping. Today, investors are using distressed properties to generate rental income or to offer creative financing options. The first step to […]
Loan Modification Fact and Fiction – Who Qualifies and What Can Be Modified
Do you owe more than your house is worth? Has your rate adjusted so high you cannot make your monthly payments? Have you received calls or mail offering loan modification services? This article explains who qualifies for a loan modification. It describes what can be negotiated with lender and gives advice on how to decide […]
Real Estate Laws in Louisiana – What You Should Know As a Property Owner
State legal systems in the United States are based on one of two legal systems. Forty-nine states base their laws on the common law system, first used in England. However one state, Louisiana, uses the French Napoleonic Code as the basis for their legal system. While common law-based legal systems rely on the rulings of […]
The Duty Of Confidentiality In Real Estate
In any Listing Agreement there is a point in time when the agency relationship ends. A Listing Agreement, as it is widely known, is none other than a contract between the rightful titleholder of an interest in land (the ‘Principal’) and a duly licensed real estate firm (the ‘Agent’), whereby the firm stipulates and agrees […]
Real Estate Photography Tips for Beginners
Even with the recession, real estate is a billion dollar market in all the major developed and developing countries. What do you think is the first thing people see when scouting around to buy property? The answer would be the pictures of the property in question. Human beings respond better to visual stimulation. Therefore, quality […]
Real Estate Characteristics
Real estate has several unique characteristics that affect its value. There are economic characteristics and physical characteristics. Real estate is a product to be purchased but it is different from anything else due to the characteristics that will be discussed here. The economic characteristics that influence value are scarcity, improvements, permanence and area preference. Scarcity […]