Many of my clients own properties – either their primary residence or a second home – that they are interested in renting out. Sometimes that’s because they’re ready to purchase a new home, but the market isn’t where the client wants it to be. Or they may be looking to rent out a second home until they’re ready to spend more time there! Regardless, renting your home makes Continue Reading
419 Lakeway Drive
419 Lakeway Drive Investor alert! Outstanding location. Total remodel last year on this great four-bedroom home! This house is always rented due to it's highly sought after location. It's located only minutes to all the downtown Bellingham amenities. Located at 419 Lakeway Drive, Bellingham WA. Priced at $425,000. <span Continue Reading
Should You Buy A Second Property?
Real estate investment can be a viable option for growing your wealth, but it's crucial to consider several factors before purchasing a second property. The first step is determining the property type you want to invest in. You can choose from a vacation property, a vacation rental, or a long-term rental. Each option has advantages and disadvantages, so weighing them carefully is Continue Reading
Should You Buy A House For Your College Student?
It seems like this time every year, I get a call from a panicked parent who asks if they made the right choice in housing for their college-aged child. As students pack up and head for school, parents often wonder, “Should I buy a home for my college student?” My answer is always, “Maybe.” Not surprisingly, the answer to this question will depend on factors such as the school’s policy on Continue Reading
What Considerations Should You Make When Investing in Real Estate?
Investing in real estate can be one of the most lucrative investment vehicles available today. It can also turn into a financial nightmare if you do not do your investment homework first. Before you even think about investing in real estate you need to think about the following 16 points that I advise investors to follow. Real estate investing is a wonderful tool to achieve financial Continue Reading
Basic Investment Property Expenses
Investment Property Expenses – The Basics Suppose you are considering purchasing an income-producing property, whether for short-term or long-term rentals. However, the rent (potential income) received is usually the most attractive part of ownership (along with anticipated appreciation). In that case, expenses usually take a huge bite out of that income. And really, the Continue Reading
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