Pros and Cons of Using an LLC to Buy Investment Property In Richmond

The real estate investment market of today offers opportunities to anyone willing to forge their own personal wealth. We’ll introduce you to the concept of employing a limited liability company structure (LLC), which keeps your business and personal finances separate when you buy investment property. While not suitable for everyone building their investment portfolio, you … Continued

5 Tips for Analyzing an Investment Property in Richmond

Looking to become an investor in real estate? As real property with a long term history of rising value over time, many investors have discovered property investments as a more reliable alternative to the stock market. You’ll want to keep the following tips at the forefront of your mind when you’ve undertaken the task of … Continued

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

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

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

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