Author: forrestm
Trust Deed Investments In Richmond and Surrounding – What To Look For And What To Avoid
Trust deed investments in Richmond and Surrounding Virginia can be a fantastic way to earn solid returns and diversify. In fact, trust deed investments are one of the methods that the wealthy use to make much bigger returns on their investments than anything you can get on the open market. In a nutshell, a trust deed investment is … Continued
Private Lenders For Personal Loan In Richmond and Surrounding – How To Get Cash
If life were predictable, we’d always have as much money as we need. But life isn’t predictable, so once in a while we need a personal loan to help cover a shortfall or to consolidate some high interest expenses. Since this isn’t something that people do very often, we don’t always know how to find … Continued
Private Lenders For Home Loans In Richmond and Surrounding – Significant Factors You Should Know
Not all financial institutions are created equal. Each one has different criteria to determine whether or not they will lend to a borrow, how much they will lend, and at what interest rate. Not everyone can get a mortgage through a traditional financial institution; however, this doesn’t mean that your dream of owning a home … Continued
Private Lenders For Bad Credit In Richmond and Surrounding – How To Find One
Are you tired of having bad credit? Does bad credit hold you back? Bad credit is bad enough but when you need to borrow money, having bad credit becomes even more difficult. Banks and financial institutions may not lend to you because of your bad credit, even though you need the money. Lenders normally avoid … Continued
Real Estate Rehab Contracting 101, Part 4
Hello, Lets continue with rule #2, today we will talk about the insurance that contractors should have in order to protect them and their customer. Contractors should have a minimum of a General Liability policy for the trade(s) they perform. So if they are a plumbing contractor, they should have plumbing work General Liability … Continued
Real Estate Rehab Contracting 101, Part 3
Welcome back everyone; let us unpack Rule #2, Verify the Contractor, their license and specialties, insurance and qualifications/ and references. As a customer you have the choice whether you want to cut costs or pay for lower risk. It is really that simple, the cheaper the contractor usually means the more risk you are assuming … Continued
Real Estate Rehab Contracting 101, Part 2
Today I would like to get into the rules we spoke about on the last blog. If you remember the rules of contracting, or hiring contractors, you need to understand that all contractors are not created equal. And here is my disclaimer about this subject: I am a contractor, I make mistakes in contracting, … Continued
Real Estate Rehab Contracting 101, Part 1
Which Contractors Can You Trust? As a contractor myself, I would like to warn you that all contractors are not created equal. And each contractor is not good at everything, and often times many are not good at anything. I have been a commercial and industrial contractor for most of my career and in the … Continued
What Exactly is Owner Financing and How You Can Use It in Richmond and Surrounding
If you’re thinking about buying a home, you may have heard of the terms “seller financing” or “owner financing” and you’re not sure what they mean. In this blog post we’ll answer what exactly is owner financing and how you can use it in Richmond and Surrounding as another option to buy your next home… … Continued
Why Owner Financing Makes Sense in Richmond and Surrounding
If you’re thinking about buying a house and you’re exploring your financing options right now, there’s a good chance you’re deciding whether you should go through bank financing or owner financing. There’s already a lot written about bank financing, so this blog post is meant to give you the other side of the coin, to … Continued
4 Owner Financing Advantages for Buyers in Richmond and Surrounding, Virginia
If you’re thinking about buying a house, you’re probably weighing so many options right now – what to buy, where, and how to get financing. To help you make your decision a little easier, we’ll outline 4 owner financing advantages for buyers in Richmond and Surrounding, Virginia to help you figure out if this the … Continued
5 Disadvantages of Buying a Home via Owner Financing in Richmond and Surrounding
If you’re thinking about buying a house from a seller using seller financing (also called “owner financing”) make sure you’re aware of the advantages as the drawbacks! Keep reading this blog post to learn the 5 disadvantages of buying a home via owner financing in Richmond and Surrounding so you can be prepared When a … Continued
5 Overlooked IRS Tax Deductions for Investment Property in Virginia
Buying investment property has one specific intention: to make a profit. Of course, maximizing profits means limiting the amount of taxes you pay on revenues. While most property owners deduct the interest and repairs, most overlook other key legal deductions. Here are 5 overlooked IRS tax deductions for investment property in Richmond and Surrounding. Be … Continued
3 Smart Financing Strategies for an Investment Property in Virginia
Popular television shows make real estate investing seem easy with guaranteed profits. What these shows don’t show you are the behind-the-scenes tribulations that investors must go through in securing and rehabbing properties. If you are new to real estate investment property buying, use these three smart financing strategies for an investment property in Virginia to … Continued