Last Update: April 3, 2022
What Is Real Estate
Real estate is defined as land that might or might not have yet been improved upon by adding a structure or other improvements. Statistics about new home construction can give you a heads-up on the future of the housing market for investing purposes. The real estate market can be heavily dependent on the economy.
Actived: 4 days ago
Real Estate Investing Tips for Beginners
(9 days ago) Real estate appreciation is a tricky game, because it is not easy to predict. It is riskier than investing for cash flow income. Cash Flow Income . This type focuses on buying a real estate property, such as an apartment building, and operating it. You then collect a stream of cash from tenant rent.
Beginner’s Guide to Investing in Real Estate
(4 days ago) Real estate investing covers a broad category of operating, investing, and financial activities centered around making money from property or cash flows tied to a tangible property. There are several ways to make money in real estate, but some can take time to start paying off.
Different Types of Real Estate Investments
(9 days ago) Industrial real estate consists of industrial warehouses, storage units, car washes, or other special-purpose real estate that generates sales from customers who use the facility. Industrial real estate investments can often have significant fees and service revenue streams, such as adding coin-operated vacuum cleaners at a car wash, to
What Is Steering in Real Estate
(6 days ago) Real estate agents who show families homes in different neighborhoods from the ones they inquire about, or who ‘steer’ potential buyers away or toward particular areas are acting illegally. The Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity fields complaints of housing discrimination, including
Real Estate Taxes vs. Property Taxes
(Just Now) Real estate taxes are levied on “real property,” which the IRS defines as land and anything that’s built on or permanently fixed to it. That includes buildings such as houses, condos, industrial buildings, and garages, as well as the ground beneath them. That’s why most people casually refer to these taxes as “property taxes”—real
Like-Kind Real Estate: What Is It
(4 days ago) Like-kind real estate is a piece of property or land that is similar to another in nature or character. This designation is important to the Internal Revenue Service (IRS), because in most cases when you sell a piece of property or real estate, you will have to …
What Are Real Estate Teams
(4 days ago) A real estate team gives clients two or more experienced agents working on their behalf without paying more in commission. The client gains collective knowledge and wisdom as team members often brainstorm offer strategies for clients. In a pinch, any one of the team members can cover for another, and no client should ever feel neglected.
Redlining: What Is It
(8 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
The Best Advertising Words To Sell Your Home
(9 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
What Does a Real Estate Attorney Do (And Do You Need One)
(Just Now) Real estate attorneys are lawyers who specialize in real estate transactions including facilitating home sales, representing clients in property disputes and other litigation, and conducting investigations regarding a property’s liabilities and compliance. 1. Real estate law is a branch of law in which attorneys specialize in servicing
Home Sale Exclusion From Capital Gains Tax
(2 days ago) The Balance. Unmarried individuals can exclude up to $250,000 in profits from capital gains tax when they sell their primary personal residence, thanks to a home sales exclusion provided for by the Internal Revenue Code (IRC). Married taxpayers filing jointly can exclude up to $500,000 in gains. This tax break is the Section 121 Exclusion, more
Real Estate Funds vs. REITs: What’s the Difference
(1 days ago) Real estate is one of the most popular types of investments available, but because of the start-up costs and active involvement often required, it’s not the right fit for many investors. Real estate funds and REITs both address these roadblocks by allowing individuals to indirectly invest in real estate, but still reap many of the rewards.
What Is Real Estate Wholesaling
(6 days ago) Real estate wholesaling is a business venture wherein a wholesaler enters into a contract with a property owner and then assigns the contract to an end buyer for a profit. The wholesaler makes a profit when the buyer agrees to pay more than the sale price promised to the seller. Wholesale real estate doesn’t require much up-front capital
How a Desktop Underwriting Works for Homebuyers
(7 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
Pros and Cons of Real Estate Investment Clubs
(3 days ago) Advantages of Real Estate Investment Clubs. Investing in real estate can be a challenge due to the cost of buying property. Members can more easily buy homes or even commercial real estate when they pool their resources. They can also more easily pay to outsource any upkeep of the properties they buy.
Wills, Trusts, and Estates: Facts You Need to Know
(6 days ago) Carron Armstrong is a bankruptcy and consumer lawyer, and an expert in debt and bankruptcy for The Balance. She has been helping educate consumers and businesses about finances for more than 40 years through her firm, Carron Nicks Law Firm, her work teaching paralegal and real estate courses at Texas colleges, and her writing.
Your Guide to Passive Real Estate Investing
(8 days ago) Passive real estate investing involves buying into real estate without taking an active hand in managing the properties. Someone who purchases a home and then works as a landlord, finding and vetting renters, collecting rent, and fixing up the home as needed would not be a passive real estate investor. Instead, a person who purchases shares in
What Is a Real Estate Appraiser
(6 days ago) A real estate appraiser is a professional judge of property value. They take into account different factors—including your property’s condition, lot size, upgrades, amenities, and location—to determine its valuation. They also consider the climate of the market. Once they’ve completed their assessment, they’ll issue an appraisal of
What's the Difference Between Median and Average
(2 days ago) Real estate sources online and real estate agents often mention "average prices" and "median prices" when they compare prices in various areas, and those terms often cause confusion. Phoenix, Tempe, Scottsdale, Glendale, and other cities in Arizona are all located within Maricopa County, the most populous county in Arizona and the fourth
What Are Seller and Buyer Prorations
(4 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
What Is a Real Estate Operating Company (REOC)
(9 days ago) A real estate operating company is a business formed to buy, manage, develop, and sell real estate. They may or may not be publicly traded. Unlike REITs, they are also not required to distribute a certain percentage of their profits as dividends. REOCs can have other business segments but their main business is real estate.
Real Estate Tips for a First-Time Home Seller
(3 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
The Definition of Equity in Real Estate
(5 days ago) In real estate, your equity in your property is the amount that you own, or what you would get after paying off your mortgage after selling. You can build equity by making a larger down payment, paying off your mortgage more quickly, and improving the house to increase its value. You can lose equity by increasing your loan amount, reducing the
The Benefits of an Experienced Real Estate Agent
(5 days ago) Experienced real estate agents can provide the kinds of nuanced information and advice unlikely to be found through online real estate searches. Benefits of using an experienced real estate agent include rapport with other agents, knowledge of market trends, and solid referrals. When choosing a real estate agent, look for good communication
What Is an Addendum in Real Estate
(9 days ago) An addendum is a document you add to your real estate contract. It contains contract terms that weren’t present in the standardized contract forms. Here are some common amendments to add to your offer on a home: 1. A request for the seller to cover all or some closing costs. A contingency that is dependent on the completion of a home inspection.
How to Fund Real Estate Into a Trust
(1 days ago) Funding Your Real Estate Trust. Follow these steps to transfer the title of real estate into your trust: Contact a local attorney: Contact an attorney in the county and state where the property is located. Ask them to prepare a new deed transferring the property from your individual name into your name as trustee of your trust.
What Is an Affidavit of Title
(4 days ago) An affidavit of title is a legal document that is commonly used in real estate transactions to verify facts about a property and relieve the new owner of legal responsibility for any outstanding liens. It’s also used elsewhere like for vehicle titles. 1 2. Alternate names: owner’s affidavit, seller’s affidavit, owner’s declaration
What Is Property Tax Reassessment
(Just Now) If the real estate market in the area is declining, a reassessment could very well result in a decrease in the amount of property taxes an owner pays. A reassessment could also result in no change in the value of a property, as well. The results depend on both the property value and the real estate market in the area.
What Is the 1% Rule
(3 days ago) The 1% rule is a real estate investing guideline that says a property’s monthly rent should equal or exceed 1% of the total investment in the property. This rule is an unofficial guideline and has its limitations, but it can help investors find properties that will produce a profit.
Buying Real Estate vs. Investing in REITs
(5 days ago) Buying Real Estate . Buying real estate is an active form of investing. You can buy property anywhere, but if you’re new to the real estate world, it’s generally recommended that you buy real estate you can see in person first. This …
What a Grantee Is in Real Estate
(6 days ago) Elizabeth Weintraub is a nationally recognized expert in real estate, titles, and escrow. She is a licensed Realtor and broker with more than 40 years of experience in titles and escrow. Her expertise has appeared in the New York Times, Washington Post, CBS Evening News, and HGTV's House Hunters.
What Is Lis Pendens
(4 days ago) A lis pendens, or notice of lis pendens, is an official notification that there is a lawsuit filed asserting a claim on a piece of real estate. This legal notice makes anyone interested in the property aware that they may be bound by the outcome of the pending litigation.
A Guide to Property Taxes in New York
(8 days ago) New York State property taxes are some of the highest in the nation, according to the nonprofit Tax Foundation.The state technically doesn't impose a property tax and doesn't benefit from the tax revenues. They're assessed by local governments, county governments, and school districts.
How To Invest in REITs
(7 days ago) A real estate investment trust (REIT) is a company that focuses on owning and operating income-producing real estate assets. Examples of real estate assets a REIT may hold can be commercial buildings, hotels, apartment complexes, warehouses, and even real-estate-related assets such as mortgages or loans.
What Is a Transfer Tax
(7 days ago) With real estate transfer taxes, for example, a fee may be collected as part of closing costs and given to the county recorder’s office so that the seller can transfer the title to the buyer. The Internal Revenue Service (IRS) might also collect transfer taxes, such as when an heir receives a large inheritance and files an estate tax return.
How To Finance an Investment Property
(2 days ago) Real estate has consistently been one of Americans’ favorite ways to invest. According to an annual Gallup poll, more Americans named real estate the best long-term investment than stocks and gold. But it’s no secret that real estate can be expensive, and many people can’t afford to buy investment properties out of pocket.