real estate

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Real estate investing has various benefits and challenges not associated with other investment vehicles.  There are specific tax codes made just for those investing in real estate, whether they are commercial or residential.

The 4 Smartest Ways to Use A Reverse Mortgage

When you hit retirement age, one thing you don't want to have to worry about is keeping a steady income to support yourself, but unfortunately, that's the exactly the number one thing many retirees are stuck worrying about. No matter how much you plan and save for retirement, there's a good chance you're going to face unpredictable expenses and volatile markets, and unless you're fabulously wealthy, there are likely to come times when you're stretched thin. You may have heard of reverse mortgages as a way to take advantage of equity in your home to provide yourself with cash or a line [...]

By | 2017-09-21T13:32:02+00:00 September 21st, 2017|real estate|0 Comments

and Just Like That the Specific Rental Property is Dead

My last post was about a possible rental property I was very excited about possibly purchasing.  It was on the east end of Long Island, and could be used in the future as a possible vacation spot for those people involved in the deal.  However, as the title of the post indicates, the deal is all but dead.  I am pretty annoyed about it, but it is what it is. Regardless of how I ran the numbers I just couldn't get it to work if I was using debt (i.e. a mortgage) or if I was using the rental company which took [...]

By | 2017-07-30T23:04:34+00:00 July 31st, 2017|real estate|2 Comments

Taking a Second Look at a Rental Property

I honestly thought I would have owned a second (or even a third) rental property by now, but it just hasn't happened.  I looked at a property with a buddy way back in 2014, but if I remember correctly it ended up being way too big of a project for my firt investment property, and I didn't even go for a second look.  Again, my memory may be a bit off but I think the buddy I took a look at it with, did go back a few times but he couldn't come to terms with the price.  As I write this post, I am [...]

By | 2017-07-11T00:26:19+00:00 July 11th, 2017|real estate|2 Comments

Closing the Deal: Key Things to Consider Before Buying Commercial Real Estate

Buying commercial real estate can offer plenty of benefits, so it makes sense for many business owners to consider taking the step from renting to owning the business premises. A business owner who chooses to purchase commercial real estate can remove the stress of future rent increases, but there's also the potential for the property to increase in value over time as well. There's also the added benefit of being able to deduct the value of the loan, mortgage interest charges, and any depreciation in the value of the building from company taxes. While the benefits of buying commercial real estate can [...]

By | 2017-06-07T13:56:11+00:00 March 15th, 2017|real estate|0 Comments

Baby Steps for Success: A Real Estate Investing Checklist

Whether your current involvement in real estate involves buying, selling or lending, it is vital to take time to perform due diligence. Multiple purposes are served by ensuring that your involvement is based on true understanding of the facts as they really are. Due diligence helps you establish whether the title to the property is sound to buy, sell or use as collateral. It also helps you determine that the financial projections used are sensible ones, identify areas of risk, and ensure compliance with regulations. Due diligence is about more than deciding whether to go ahead with a project. It is also [...]

By | 2017-05-03T22:33:55+00:00 April 7th, 2016|real estate|0 Comments