Month: May 2021
5 Features of Olympia Land That Will Prove to Make Buying a Good Investment
Passive income through land investment means the best of both worlds for many. The demands on your time are relatively low in comparison to other assets. There are many creative methods to earn an income from land, even when vacant. Even for land developers, there are professionals available to handle every aspect of the business. … Continued
5 Ways to Compete With Other Investment Buyers in Olympia
Competition can be extremely fierce in the Olympia real estate investment market. When the seller reviews all of their offers, yours must stand out in all the right ways to be the winning offer. We’ve gathered five ways for you to compete with other investment buyers in Olympia. Hesitation Don’t hesitate when you are competing … Continued
5 Signs of a Great Investment Property in Olympia
Real estate is a numbers game, and there are universal factors that influence the outcome for each player. When you have an opportunity to invest, how will you know if you are holding a great card in your hand? Winners easily recognize these five signs of a great investment property in Olympia. Demand Demand for … Continued
5 Ways the Foreclosure of Your Olympia House Will Impact You
Foreclosure occurs when, for whatever reason, agreed to payments for a mortgage loan and not being made in a timely and consistent manner. The reasons this can vary as widely as there are homeowners, from the sudden loss of life from a contributing family member, unexpected loss of income, or a myriad of other possibilities. … Continued
5 Ways to Buy Investment Property in Olympia When You Have Bad Credit
Bad credit doesn’t have to derail efforts towards building passive retirement for your income through real estate investments. While conventional lenders may turn you away over your past transgressions, they are not the only option available for funding investment property. While the perfect scenario would be to repair your credit issues and then gain financing … Continued
The 4 Worst Mistakes You Can Make When Buying Investment Property in Olympia
Patience may be the most valuable asset to bring to the negotiating table when investing in a property for your real estate portfolio. Getting the best returns on your investments helps to build wealth more quickly and increases the potential for your passive income during retirement. Newcomers to real estate investment may find themselves caught … Continued
What You Should Know About Using Hard Money Lenders in Olympia
Hard money is a term that describes borrowing without going through the traditional lenders to purchase real estate using the property as collateral along with other factors to approve the loan. When borrowers either lack time to go through the conventional process or are unable to attain lender approval, hard money lenders offer an alternative. … Continued
How to Buy a Short Sale or Foreclosure in Olympia
X marks the spot, and jumping on the main highway of online listings will not deliver the short sales and foreclosures Olympia real estate investors seek. Unlike foreclosures, short sales are voluntary and generally are in move-in condition, usually still occupied. Short sales are, in essence, the last-ditch effort of sellers to avoid entering into … Continued
6 Reasons Your Olympia House Isn’t Selling
Why isn’t my house selling? Waiting for a buyer can be stressful when you’re selling your home. Emotionally, the constant readying for showings and let down as no offers follow can be draining. Financially, depending on the circumstances you’re facing, the bills keep rolling in as time passes. If you’ve had to relocate, you’re now … Continued
5 Costs to Expect When Flipping Houses in Olympia
Flipping is an exciting opportunity to quickly turn a distressed property into profit and attracts many new real estate investors seeking fast cash. While all too often wide-eyed and inexperienced investors watch television shows, the process appears to be much easier than the harsh reality. Just remember it is never a bad idea to get … Continued
5 Things to do Immediately After Inheriting a House in Olympia
Dealing with the loss of a beloved family member or very close friend is a stressful time that can become even more complicated by suddenly finding yourself immersed in dealing with an inheritance. It may be challenging to focus, so we have outlined five things to do immediately after inheriting a house in Olympia Lines … Continued
Top Tax Deductions for Your Olympia Investment Property
Tax laws are incredibly advantageous to those who invest in real estate, and you could pay little to no taxes through optimum maximization of these laws. It is vital to understand the advantages of leverage regarding real estate investments and tax laws. Be sure that you are following the guidelines so that your deductions pass … Continued