Owning and operating income property is a proven method for creating wealth. Despite what you might see on late night t.v., real estate is not really a means for getting rich quick and first time investors can easily get in over their heads if they buy the wrong property. Here are 5 red flags to watch out for when you're looking to buy an investment property.Read More
Using margin debt or borrowing against brokerage accounts is back in vogue in 2013. According to the NYSE, investors borrowed $384.4 billion against their investments in April 2013 eclipsing the previous all time high set in June 2007.
When you borrow on margin, you are pledging securities like stocks and bonds in your brokerage account to obtain loans from the brokerage firm. Typically, these borrowed funds can be used at the discretion of the borrower.Read More
These recommendations aren't page turners, they don’t tell you how to achieve maximum output with minimum input or romanticize someone’s rags to riches story. These books cover the basics and take you from a beginner level through an intermediate level of understanding of the basic principles of real estate investing, owning multifamily property and property management.Read More
There were 11 closed transactions involving 2-4 unit multifamily properties in Lakeview during the month of July 2012. Sold properties closed averaging just under 94% of their Final List Price.