News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
To a middle-class worker with a moderate income and limited assets, the notion of investing in real estate seems far-fetched: something reserved for folks in the upper crust. Those people often say things like “It takes money to make money.”
Ask any self-made millionaire or billionaire for a list of the best ways to build wealth and generate income, and almost every one of them will put real estate at the top. It’s one of the single most versatile and lucrative investment vehicles … and, when properly leveraged, real estate can generate thousands of dollars
The home-buying process can be emotional. It’s easy to go into the matter with a small set of needs and desires but end up with an extensive list of “must-haves.”
When it comes to real estate investing, there are dozens of directions you can go. You can invest in single-family residential properties, multifamily properties, apartment buildings, raw land, commercial buildings, and even mobile home parks. But in addition to these investments, there’s also the niche of vacation properties.
If you want to be happy in your own home, you need more than a big house, nice furniture, and a good location. You also need friendly neighbors. Unfortunately, many homeowners accidentally get on the bad side of their neighbors. Don’t let this be you.
When you were young and just starting out on your financial journey, you bought a house. Maybe you bought it as a single person, or perhaps you were newly married. Whatever the case may be, you bought an affordable home in a quality neighborhood and diligently made your monthly mortgage payment to the bank. Then