Wednesday, July 19, 2023 / by Jiselle Bersabe
Building wealth through real estate requires strategic thinking and understanding key factors that contribute to success. By focusing on three essential methods - cash flow, tax benefits, and appreciation - investors can maximize their returns and create a strong foundation for wealth accumulation.
Here are three essential methods:
1. Cash Flow: Prioritizing cash flow is crucial for long-term success in real estate investing. Cash flow refers to the income generated from the property after deducting all expenses such as mortgage payments, property taxes, insurance, maintenance costs, and vacancy allowances. Positive cash flow means that your rental income exceeds your expenses, allowing you to cover costs and generate a profit. It is important to carefully analyze the potential cash flow of a property before investing. Positive cash flow not only ensures financial stability but also provides the means to reinvest in additional properties and expand your real estate portfolio. ...
Read More
Wednesday, July 12, 2023 / by Jiselle Bersabe
Real estate investing has long been viewed as a tried and true way to build wealth. With so many investing alternatives and strategies to choose from, it's critical to understand the most effective methods for maximizing your profits.
Today, Let's explore four real estate investments to become wealthy in real estate:
1. Buy a duplex (or multifamily in general)
Buying a duplex or multifamily property is a tried and tested way to get started in real estate investing. This technique entails living in one unit and renting out the other, allowing you to earn rental income while still building equity. Furthermore, you can use the knowledge obtained from this initial purchase to repeat the process, gradually extending your real estate portfolio.
2. STR (short-term rentals)
Take advantage of the demand for temporary housing by investing in short-term rentals. Platforms like Airbnb have made it easier than ever to generate significant rental income.
3. LT ...
Read More
savannah, ga, pooler ga real estate, pooler ga real estate advice, richmond hill real estate, savannah ga real estate, effingham county ga real estate, real estate investing, real estate investment, wealth building, investors
Wednesday, June 28, 2023 / by Jiselle Bersabe
People sell their homes for many reasons, and sometimes those reasons include needing to sell quickly. Maybe you need to relocate for a new job soon, are in some kind of distress, or perhaps you just don’t want to draw out the hassle of what a home sale could potentially look like if the home is priced at the top of the market.
Whatever your reason is, you don’t need to worry. We have tons of experience helping homeowners sell their properties in many different ways. Whether the homeowner is looking for a cash/as-is offer to sell quick or wants to traditionally sell to maximize their overall experience and net proceeds, we have you covered!
Here are three things we’ve learned selling thousands of homes in the last 15 years that will help you sell as soon as possible without sacrificing your final sales price:
1. Prepare your home before putting it on the market.
The better your home looks, the more interest you’ll generate. Clean, declutter, a ...
Read More
tips for sellers, savannah, savannah ga real estate, ga, pooler ga real estate advice, richmond hill real estate