What You Should Know About Buying and Selling Fixer-Uppers in Richmond

Whether you are a first-time buyer, willing to put “sweat equity” into your first home or dream home in order to purchase at a lower price or just building your real estate portfolio, fixer-uppers are a tempting option. Before you decide this type of investment suits you, here’s what you should know about buying and … Continued

How To Buy a House With No Money Down in Richmond

There are ways to avoid purchasing a home through conventional means and skip making a down payment altogether. We will cover some of the ways you can buy a Richmond house with no money down in Richmond.  Cash If you have suddenly come into a large amount of money or you have been saving towards … Continued

How To Utilize Owner Financing To Buy A House in Richmond

Don’t quite have enough of a down to qualify for a mortgage? Credit needs repair? Expecting financial gains through raises or other means in the near future? While you may be locked out of the benefits of homeownership through conventional methods, owner financing may be just the opportunity for you. While similar to buying a … Continued

5 Simple Things You Can Do To Buy Your House in Cash in Richmond

Cash, it’s an attractive word no matter what the subject. Bringing cash to the table when you’re negotiating is no exception to the rule. From lifestyle changes, changing your savings mindset, or dedication to building your real estate We’ll cover 5 simple things you can do to buy your house in cash in Richmond.  New … Continued

How To Make Money Buying and Selling Mortgage Notes in Richmond

Did you know you could purchase other peoples mortgage notes, or promise to pay, through the secondary mortgage market? In this post, we will discuss how you can make money buying and selling mortgage notes in Richmond. Banks, or mortgage originators, often bundle mortgage notes and sell them, the transaction is fairly complicated, but the … Continued

5 Quick Facts Buyers Should Know About Rent To Own in Richmond

Don’t overlook the advantages that come with entering homeownership through the rent-to-own sector of real estate in the Richmond market. When you rent to own in Richmond, the arrangements usually last a year or two before you purchase the property outright. This is appealing to buyers who wouldn’t necessarily be successful in acquiring a traditional … Continued

Pros and Cons of Owning a Vacation Rental in Richmond

There are always two sides to every story, especially when it comes to purchasing vacation rentals for use as an income vehicle. Consider these pros and cons of vacation rentals in Richmond to see the bigger picture and make the right decision for your investment portfolio.  While each situation is unique and can bring other … Continued

How To Know What To Charge Your Tenants in Richmond

While it’s extremely important, it can be difficult to zero in on the right rate to charge your tenants. While it’s important to understand and cover all of your expenses, you could lose income potential by underpricing your rental. Likewise, setting the rent too far above the current market average can leave you with an … Continued

6 Things A Richmond Landlord Can Do To Keep Their Tenants Happy

Nobody wants to lose a good thing! You’ve invested your time and money, offered the most up to date amenities possible, and leased your property. Now, by learning these 6 things a Richmond landlord can do to keep their tenants happy, you can build a reliable and hassle-free stream of steady passive income for years … Continued

5 Things To Look For When Screening Tenants in Richmond

By knowing these things to look out for when the time comes for screening tenants in Richmond, you’ll avoid making a mistake that could be both a personally and financially costly lesson. Call RedBrick Properties today to learn more at 804-482-7351.  While it is common practice to run credit checks as a routine part of … Continued

5 People You Need on Your Team As A Real Estate Investor in Richmond

Teamwork really does make the dream work. If your dream is to become a successful real estate investor, building a supreme team is the first and most important step in realizing your financial goals. A good team should include the following 5 people… including a professional buyer like RedBrick Properties who will screen the properties, … Continued

5 Ways To Know A Richmond Property Will Be A Bad Investment

Earning dependable passive income through your property investment is the mark of success. In order to be passive, this means very little to none of your time is spent performing daily tasks to earn the income. When you’re investing in property there are 5 ways to know a Richmond property will be a bad investment … Continued