The Value of an apartment building is based on income produced by the property. Once you know the income of the building, you use either the Gross Rent Multiplier or the Capitalization Rate to determine value of the building The multiplier number is determined by the market. In other words, what are investors paying for income streams from […]
Fair Housing
The Fair Housing Act was passed in 1968. Every year since then, the National Association of Realtors® (NAR) has commemorated its passage with events and education that underscore the need to expand inclusion and learn more about housing discrimination and segregation. Fair Housing Month signifies a continued commitment by Realtors across our country to expand […]
Increasing the Velocity of your wealth by transferring your investment from Single family to multi-family homes
Investing in single family homes is a great way to get started in investing in real estate. Once you build some equity in those investments, it might not be a bad idea to look at transferring that equity into multi-unit buildings. Doing so, will increase the velocity of your real estate investment. The first reason […]
Increasing the velocity of your wealth with real estate depreciation
Depreciation of real estate is a tax concept designed to promote investment in real estate, thereby increasing the supply of housing. Bottom line, real estate depreciation can save you money at tax time, increasing the velocity of your real estate investment.(Photo: Pexels). In the U.S., real estate is known for appreciating over the long […]
More on increasing the velocity of your money by using Your IRA to Invest in Real Estate
(Photo: Pexels). Retirement plans such as IRAs, SEPs, and 401ks are often thought of as limited to investments in stocks or mutual funds. However, if you open a self-directed IRA account (SDIRA), your retirement plan can hold real estate as well as real-estate related investments, such as notes. Anyone can use their retirement plan to […]
Increasing the velocity of real estate wealth through leverage
When investing in real estate, it makes the most sense to get a loan for a good portion of the purchase price. The concept of leverage is what is known as using “other people’s money” or OPM. When investing in real estate, it makes the most sense to get a loan for a good portion of […]
Why Invest in Real Estate in 2023?
Most people consider their single-family home they live in as an investment in real estate. In fact, when they fill out a financial statement, it is even listed as an asset. It’s true that the home will likely go up in value over the years, and as the loan is paid off, it could represent […]
Home for the holidays – gift giving to first-time home buyers – Part 1
For 26% of first-time home buyers, saving for a down payment on a home is the most challenging step in the home buying process, according to the 2022 Profile of Home Buyers and Sellers report by the National Association of Realtors® (NAR). Overall, it is very difficult for first-time buyers in this housing market. Of all […]