Real Estate Archives - Consumer Boomer

Reasons To Go For Arizona Properties For Sale

Whether you’re planning to purchase or sell your home, you may be considering whether or not to work with a real estate agent. People who believe that real estate agent costs are excessive often decide against engaging the services of agents or realtors. Others, having had negative experiences in the past, would never hire one. This fact, however, highlights the value of a reliable agent. You’re missing out on the main advantages of working with a real estate agent if the sole reason you’re not doing so is to avoid commissions and fees. Click on the link https://home.howstuffworks.com/real-estate/buying-home/10-benefits-of-using-a-real-estate-agent.htm. How can …

Reasons To Go For Arizona Properties For Sale Read More »

Thinking About Real Estate? Here’s Why California Is A Solid Choice

There are a few good reasons to invest in real estate. Not only is owning a rental property a good way to increase your cash flow, it also increases the value of your investment portfolio. Before you make such an investment, you need to take a couple things into consideration and choosing a location is at the top of the list. Let’s take a look at why California is a top choice for your real estate purchase. Choosing to purchase real estate in a state like California is sure to set you up for success. Why Is California An Ideal …

Thinking About Real Estate? Here’s Why California Is A Solid Choice Read More »

House Finance Planning: How to Protect Your Real Estate from Unexpected Damage

When it comes to real estate, many factors can make or break an investment. One of the most challenging parts of owning rental property is dealing with unexpected damages, costing thousands in repairs. Even worse, if these repairs aren’t covered under your insurance policy, you could end up on the hook for the entire bill. Luckily, there are things you can do to protect yourself from unexpected damage to your rental property. By implementing the following strategies, you will be well on your way to safeguarding your real estate investment. Get Homeowners Insurance Policy in Place The first step in …

House Finance Planning: How to Protect Your Real Estate from Unexpected Damage Read More »

Can You Buy Real Estate in an IRA?

You can use IRA assets to invest in real estate. Did you know that? Most baby boomers aren’t aware that this is even an option. Not everyone can do it; not everyone should do it. However, some people are doing it – particularly high net worth IRA owners who see great deals in a buyer’s market. Investing into real estate in an IRA does have it risks primarily because of liquidity issues. But for the right investor, buying real estate in an IRA can make a lot of sense. Everyone assumes IRA assets have to be invested in securities, but …

Can You Buy Real Estate in an IRA? Read More »

Do You Have Enough Homeowner’s Insurance Coverage

Whether you’ve just bought a new home or you recently made some home improvements, chances are you may not have enough homeowner’s insurance. A staggering report says that 59% of American homeowners don’t have enough insurance to rebuild in case there were to lose that home. With recent worldly disasters such as the earthquake in Haiti and Hurricane Katrina, it’s a reality that you could lose your home in a matter in minutes. Do you have enough homeowners insurance? Let’s find out. Not sure if you have enough home insurance? Get competitive home insurance quotes now and save! Why do so Many …

Do You Have Enough Homeowner’s Insurance Coverage Read More »

Self Directed IRA Real Estate Rules

In 1974 Congress passed the ERISA, Employee Retirement Income Security Act making retirement plans possible. When this act was passed investors gained access to retirement options with only 2 exclusion, Life Insurance and collectibles. It allowed for people to use Real Estate as a tool for their IRA contributions. Self directed IRAs allow for investors to obtain more control. When choosing a self directed IRA for Real Estate you should chose a firm that specializes in the tax implications and rules. The tax rules are complicated and should be understood to avoid IRS implications. Occupied Real Estate The main rule …

Self Directed IRA Real Estate Rules Read More »

What Is A REIT And Should You Invest In Them?

REITs are Real Estate Investment Trusts. These are corporations or trusts that do not typically pay income tax. They are also often tax-exempt for state income taxes. REITS were developed in 1960 as a rider to a bill in Congress. REITs are used to own, obtain, develop and manage profit-generating properties and can include shopping centers and malls, apartments, industrial parks, health care facilities, and hotels. REITs can be a great diversification tool for portfolios but investments in them may not be for everyone. How They Work Management of REITS are handled like a mutual fund. The management team will …

What Is A REIT And Should You Invest In Them? Read More »