Real Estate can seem like an easy venture into investing your money, after all if you are able to keep the tenants happy they in return will be happy to pay the rent you ask and of course on time. The fact is it’s not at all easy and is worth a good amount of money to invest and a lot of patients and time to have that money work for you and grow a profit.
It really is when you are starting a business. Having incoming cash sometime in the future is nice but what about if you need it today or tomorrow? There might be a great investment opportunity but they may not want to let you in if you don’t provide the cash up front. A promise of incoming cash flow can only go so far.
RSVP now to hear the ins and outs of real estate investing. Click on this link to RSVP South Side Investment Club.
South Side Investment Club meets on the 2nd Thursday of every month and focus on all things related to Real Estate, and Real Estate Investing: from Real Estate Education to Networking with local agents, investors and service vendors. Our Real Estate Professionals Happy Hour is normally on the 3rd Friday of the Month.
Something that doesn’t cross someone’s mind until it actually happens is all part of life’s little unexpected, unplanned adventures. Sometimes the unexpected can sell your home fast be fun but when dealing with unexpected financial situations it can be down right scary.
Renters are becoming more popular than homeowners in a recent study done by the MacArthur Foundation. How Housing Matters: American’s Attitudes americaTransformed by the Housing Crisis and Changing Lifestylesreports that 57% of adults don’t find owning a home as appealing anymore while 54% said renting has become more appealing. Owning a home is still considered part of the American dream but it seems the majority if finding that to be difficult in the current housing climate.
According to Sandra McNeill, the term zombie foreclosure refers to homes that have been foreclosed on but the tax debt is not dead. Just because a homeowner has moved out, does not mean the actual foreclosure process has begun. It is important to remain in constant contact with the bank to ensure the proper procedures are completed in a timely manner.