Slum lords make less money as investors

Slum lords leave money on the table. A well-cared for property is smart business for you as an investor: (1) Prime condition properties rent and sell for more, and they rent faster (reducing the dreaded turnover cost). (2) Tenants stay longer in well-cared for homes. The main concern every tenant has is: will you fix Read more about Slum lords make less money as investors[…]

Thinking About Selling Your Home?

should we sell- - blogWith last week’s good news regarding the surge in Orlando real estate market, you might be considering selling your home, and you’re not alone. According to Florida Realtors, a recent Fannie Mae survey showed that, “homeowners are becoming more upbeat about potentially selling their home.” 52% of the Americans surveyed believed selling their home now would be profitable, the highest percentage recorded since the National Housing survey began. Florida Realtors also reported that in June “[Florida] statewide median sales price for single-family existing homes…was $203,500, up 10 percent from the previous year.”

There are a few factors contributing to this positive mood […]

Home Buying 101 for New Graduates

Class of 2015 - blogCongratulations to the new grads this year! Although buying a house may seem like a distant dream there are steps you can take now to buy your first home a few years after graduation.

Step One: Get Your Credit Report
You can find our your credit score right away at annualcreditreport.com. If you have yet to establish credit, you can do so right away by opening a credit card or paying your cell phone bill. To ensure the best credit score possible, make sure you always pay your bills on time, keep your balances low or at zero, and keep the cards open. The longer you maintain clean credit the better your score gets.

Learn more about credit reports & scores here: Consumer Financial Protection Bureau

Step Two: Collect Important Documents
When applying for a mortgage you’ll need to provide various financial and official documents from the previous two years. As you receive them, make sure to collect and save pay stubs, bank and investment statements, W-2’s, tax returns, credit card statements, student loan balances, car loans, diplomas (for applicants who attended undergraduate/graduate school in the past two years), and a list of addresses where you have lived in the last two years.

Step Three: Saving Up
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