News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.
Nobody becomes a landlord thinking, “I sure wish I had something else on my plate right now.” No … in most cases, people invest in rental properties with the dream of generating passive streams of income that require little work or effort.
If you binge-watch enough 30-minute TV episodes, or spend a substantial amount of time scrolling through Pinterest boards, you might eventually be tempted to buy a fixer-upper for your next home.
Conventional wisdom says, “Buy a house! It’s the American Dream!” Indeed, millions have found this works for them over the years … but many have also had the opposite experience.
New property investors often gravitate toward the idea of property flipping, because it sounds very enticing. The idea is to buy a house that’s either in poor condition or is being offered at an extremely attractive price, fix it or improve it in some vital ways, and then sell the home again, sometimes mere months
Selling a home for the first time can be nerve-wracking, especially if you’re looking to buy a new house and aren’t sure how the timing is going to work out. The process can get complicated, which is why it’s important to work with a selling agent (and possibly a lawyer), but the better you understand