7 Tips for Investing in Multi-family Properties for the First Time
Green Residential Blog
by green
1y ago
As their names suggest, single family homes are designed to house a single family, and multi-family homes are designed to house multiple families, usually indifferent, segmented units. In a duplex, you typically have a single building bifurcated so that two different families can live in two different sections. Triplexes and fourplexes are similar. There are also apartment buildings, which allow you to have many different units in a single complex. Investing in multi-family properties can be highly beneficial for your real estate investing strategy. But there are also some drawbacks and caveat ..read more
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When Should You Sell Your Houston Rental Property?
Green Residential Blog
by green
1y ago
At Green Residential, we’re all for owning as many rental properties as you possibly can. It’s one of the fastest and most predictable ways to build wealth over the long run. However, not every rental property is a “buy and hold forever” kind of rental. There comes a time when you may need to sell the property and move on. Here’s When You Should Sell a Rental The decision to sell a rental property isn’t one that you should take lightly. There’s a right time and place. 1. The Numbers Don’t Add Up The first reason is the most important. If the numbers don’t add up, you need to get rid of the pro ..read more
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How Can You Sell a Property Occupied by a Tenant?
Green Residential Blog
by green
1y ago
Some people plan to hold their investment properties ostensibly forever. They want to continue earning passive income for the rest of their lives, then pass those investment properties to their children. But for everyone else, there will come a time when you eventually sell your rental property. At the end of a lease, when a tenant moves out, you’ll have a convenient opportunity to make the sale. But what happens if you want to sell the property and the tenant is still occupying it? What options do you have? And what path should you take to make this process as easy as possible for everyone in ..read more
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Real Estate Crowdfunding vs. Rental Property Investing: Which is Better?
Green Residential Blog
by green
1y ago
One of the beauties of real estate is that there are many ways to invest in it. You can fix and flip properties, buy and hold them, lease rental units, invest in real estate investment trusts (REITs), get into self-storage, and so much more. One (relatively) new way to invest in real estate is through crowdfunded real estate platforms. They’ve only been around since 2012 and offer lay investors an easy way to get into real estate with little effort. But is going in on crowdfunded real estate deals as good as sticking to the tried-and-true method of profiting from your own rental property? Read ..read more
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8 Things to Consider Before Buying Your First Investment Property
Green Residential Blog
by green
1y ago
Were you aware that individual investors own around three in 10 rental properties? That’s according to Census projections. It’s also worth noting that a supply deficit and rising prices are the two main challenges for investors eyeing residential properties this year. People typically add investment properties to their investment strategies because of the passive income potential. Buying a residential property and renting it out to reliable tenants means a steady stream of passive monthly income week after week, year after year, and decade after decade. You can understand the appeal even more ..read more
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5 Ways to Boost Your Real Estate Listings Visually
Green Residential Blog
by green
1y ago
Humans are visual creatures. In fact, 90% of the information we absorb is visual, and we process images 60,000 times faster than text. This is why real estate listings rely so heavily on quality listing photos. Without them, it’s hard to get buyers’ attention. Plus, 90% of home buyers search online during the home buying process. So, if you want your real estate listings to stand out from the rest, they need to have powerful visuals. Fortunately, you’re no longer limited to just photos. Here are five different types of visuals you can use to enhance your listings: 1. Professional photos First ..read more
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How to Be a Prepared Home Seller
Green Residential Blog
by green
1y ago
Are you truly prepared to sell your home? Selling a home isn’t always easy. Even in a seller’s market, with restricted inventory, high prices, and a wide assortment of buyers clamoring to tour your house, there’s no guarantee that you’re going to attract competitive bids – or that your home will sell in its first month on the market. Too often, sellers are unprepared for the realities of selling a home. They don’t know what it’s like, they don’t know what to do, and they don’t make much of an effort to prep their property effectively. So what does it take to be a “prepared” home seller and imp ..read more
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5 Financial Moves to Make If You Believe in the Texas Real Estate Market
Green Residential Blog
by green
1y ago
Texas real estate investors have been enjoying rampant growth and undying optimism. Over the past several years, major cities throughout Texas (especially Houston) have benefited from rising demand and rising prices. Many experts believe that this growth trajectory will continue, ultimately leading to greater profitability for anyone with assets in Texas. There’s certainly room for debate on this, since real estate markets aren’t exactly predictable. But if you believe in the Texas real estate market, and the future potential for developments in this state, the time is now to start reassessing ..read more
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Why Timing the Real Estate Market Rarely Works Out in Your Favor
Green Residential Blog
by green
1y ago
Newcomers to the real estate investing world often think the secret to making gigantic profits is to “time” the real estate market correctly – in other words, buy real estate when prices are low and supply is high, then sell real estate when prices are high and supply is low. This idea isn’t necessarily a bad one, but timing the real estate market rarely works out in your favor. Why is this the case? And what can you do about it? The Concept The core concept of timing the market is sound, and you can incorporate it into your investing strategy. Put in simple terms, buying low and selling high ..read more
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The 7 Biggest Obstacles to Selling a Texas House Quickly (and How to Avoid Them)
Green Residential Blog
by green
1y ago
Owning a house in Texas is certainly nice, but there may come a time when you’re ready to sell. That might be because you’re moving to a different area or because you want to take advantage of a booming market, but whatever your motivation, you’ll probably be incentivized to sell your house as quickly as possible. Selling your house quickly is beneficial, but it can also be extremely challenging. Acknowledging and addressing the biggest obstacles to selling a Texas House quickly can give you a much smoother experience. Why Do You Want to Sell Your House Quickly? Before we get any further, take ..read more
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