Archive for August, 2007

When owning rental property

Wednesday, August 29th, 2007

Owning a rental is similar to owning a pet. While you don’t need to house train your rental property, there are several hidden costs with owning a pet and with owning real estate. Here are 6 main fees associated with owning real estate: mortgage payments, property management fees, homeowner’s association dues, property insurance, property taxes […]

The real estate question

Tuesday, August 7th, 2007

I seem to attract the real estate inquisitive. Perhaps the most common question I am asked is this: Is real estate investing a smart idea?
“It depends,” I say, as a million questions stream into my mind. Where are you looking to invest? What property type? Fixer upper? Long hold or short? Is the seller motivated? […]