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Nov
05

The Age Old Question: Buy or Rent?


When looking to move into your own home, knowing whether you would like to be buying or renting is realistically the first determination youshould make. There are several reasons for either option, and the better option varies from person to person.



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Buying a home is one of the biggest steps in life and, to many, a major milestone in life. According to CNBC, “not buying a home is the single biggest mistake for millennials “. The CNBC article further quotes David Bach, co-founder of AE Wealth Management, who claims that “buying a home is the escalator to wealth in America. Homeowners are worth 40x more than renters.” To further these points, there are some more eviden...


Nov
02

Benefits and Challenges of Turnkey Home Investments


Turnkey homes are defined as homes that are ready to move into upon closing on the home. Generally, turnkey homes are fully renovated and rehabbed, and are an attraction to investors.These homes got some much needed TLC and were then rented out to generate revenue.


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Benefits


1. One major benefit is the affordability of time. If an investor is looking to purchase a home and rent it out as soon as possible, turnkey homes are a the best bet. Despite the higher price tag, the purchaser has to neither sink money into the home for renovations/repairs nor waste time waiting for repairs to get done.

2. Another convenience of buying a turnkey home is that you don’t really need extensive knowledge ...