There are many things to learn before you begin making money from rentals. From locating, negotiating, and closing to rehabbing, day-to-day management, and when it’s time to sell, there are many stages of investing, leaving several opportunities along the way where you could make a costly misstep. So, read on as we explore how to … Continued
Without the experience of professional investors, it is easy to overlook essential aspects of a potential rental property and make a bad deal. Real estate investing is a business, and like any other, at the bottom of it all, the numbers matter. Understanding the factors that drive the current value on the market can help … Continued
Do you want to rent out your house? Long-term and short-term rentals are desirable areas of the Colorado Springs market to build a diversified real estate investment portfolio. While both styles can create wealth for your retirement, each is a separate niche that investors should consider carefully in terms of risk and income. In addition, … Continued
As technology advances and becomes easier to use, the competition is growing, as is the demand for more private places to stay when traveling. Upgrades add to the appeal of vacation homes and add profit to the bottom line when you make the right enhancements. If you focus on service, making the goal to create … Continued
Hosting guests in your investment property via an online booking platform as a way to earn additional cash flow has become a new business model for savvy investors who understand how to utilize technology to their advantage. Accessing this service provides you as a host with the ability to create a free listing of your … Continued
Real estate investing is a business enterprise that allows you to build wealth and ensure that you can live out your days in the driver’s seat, living life on your terms. However, investors must spend a great deal of time and effort to learn how to create a great real estate investment portfolio. Setting goals … Continued
So, your finances are in order, and you’re ready to invest in your future for a passive income in your retirement. Here are the four things you will need to know before buying your first investment property in Colorado Springs. Education Before buying your first investment property in Colorado Springs, you should understand that your … Continued
While not the typical investment that comes to mind, the benefits of the short-term rental property sector of the market merit further investigation. Investors are wise to continually educate themselves on market news, keeping their business riding on top of the wave of real estate investing, with an eye towards the future. Societal changes created … Continued
In the ever-evolving digital world, remote work, school, and online car shopping are becoming commonplace. Even the process of buying real estate has been revolutionized, easing the process of purchasing property from long distances. So whether you are relocating to be near a new job or moving to be closer to family members or expanding … Continued
Without proper management, your investment portfolio will be like a ship cast adrift without a captain at the helm successfully navigating the waters. It takes time to steer a boat in a new direction and keep in line with upcoming market changes, such as rent increases or building your portfolio with fantastic investment opportunities. Managing … Continued
The influences on property value go far beyond the four walls of a home, or the fence around a property. While you may hear the term “location, location, location” frequently among real estate professionals, these three simple words convey a very complex message. When you’re in the Colorado Springs market for investment properties, it is … Continued
With so many potential investments available in the Colorado Springs real estate market, it is beneficial to have a readily available tool that will help you sort through properties quickly. The two most important factors in investment real estate are the location and the numbers. Once you’ve narrowed down your location, you need to walk … Continued
Laying the groundwork for growth should include several Colorado Springs market sectors, including foreclosures which can hold much potential for investors. Appropriately done, foreclosures are highly profitable investments due to the typically low cost to buy and instant equity—upgrades and renovations upon ownership quickly increase the equity further. There is an advantage in purchasing a … Continued
Your efforts towards growing your real estate portfolio allow you to live life on your terms in your golden years through passive income. Multi-family properties provide an excellent opportunity towards this end; however, single-family homes and multi-family properties are two entirely different ball games. Just as with the profits, so too are the cost of … Continued
Do you lie awake at night worrying about how you will afford your retirement years? Creating passive income will bring you worry-free nights about your future. The goal of investing in Colorado Springs real estate is twofold, creating long-term passive income for your retirement and increasing your current monthly income stream. If you are interested … Continued