Residential Investor

By Joel Wilmoth | Intelligence For Today's Property Owner

6 tips from top entrepreneurs on turning real estate into real wealth — even if you start with nothing

At least 30 U.S. billionaires made their money from real estate; some say that it's the greatest way to create real wealth and financial freedom.<p>These six tycoons and members of The Oracles suggest how you can invest $100,000 or start with nothing.

Real Estate

What are the risks of buying a short sale or foreclosure?

<i>I’m looking to buy a new home, and I’ve noticed that there are a couple of “short sale” and foreclosed homes in the area where I’m interested in living. These homes are priced substantially lower than others, and I’m wondering what the catch is. I’ve heard that short sales or foreclosures often</i> …

Real Estate

These Tiny Houses Help Minimum Wage Workers Become Homeowners

With monthly mortgage payments at $1 a square foot, the houses offer a path to home ownership in just seven years.<p>If you live in Detroit and make only $10,000 a year, you still might be able to buy a newly constructed house. On two vacant blocks in the city’s northwest side, a new neighborhood of …

Housing

How to Find a Contractor: 4 Essential Steps for Homeowners

A successful home renovation is contingent upon many factors, but none is more important than finding a reliable contractor. The person you hire …

Better Business Bureau

Why Millennials Are Interested In Real Estate Investing

Americans have stashed the majority of their investment dollars in the stock market over the years. But there may be a new trend on the horizon. In 2007, nearly two-thirds of Americans were investing in the stock market; last year, just over half did. A new generation of investors may be turning to …

Real Estate

Housing Regulator Is Pushed to Crack Down on Sales of Foreclosed Properties

Lawmakers are pressing the nation’s housing regulator over the sale of thousands of foreclosed houses to investment firms that have pitched the promise of homeownership to people unable to get a traditional mortgage.<p>Some local authorities and regulators are taking legal action against several of …

For Mayor Hogsett, 1 house down and 1,999 to go

Mayor Joe Hogsett wants to demolish or rehab 2,000 houses within two years.

Rehabilitation

Home prices will not fully recover until 2025, and a new report explains why

Check out any one of the many national home price reports, and headlines scream of new peaks and growing gains each month. Home prices are rising …

Landlord alert: Where to buy homes for the best rental returns

Today's housing market is more competitive than ever, but investors are still pouring in.<p>Interest rates remain remarkably low, which makes financing …

On 'Property Brothers,' Jonathan and Drew Unearth the 'Biggest Faux Pas in Renovation'

On "Property Brothers," <b>Jonathan and Drew Scott</b> come across a lot of hard-to-please homeowners. In their latest episode, "Starter Home to Forever …

Houses

10 Cities Where the Housing Crash Still Looms Largest

Some towns, like Denver and San Francisco, have all but recovered since the housing crash. These towns haven't.<p>In 2003, as real estate prices were …

Real Estate

Should you own or rent a home in retirement?

A growing number of seniors are opting to rent during their golden years. Here's how to determine which option is best for you.<p>Despite the many benefits of homeownership, the U.S. rental market has seen a steady increase over the past decade and change. Between 2006 and 2014, the number of renters …

Retirement

Small Homes or Big: Which Ones Give You More Return? | Investopedia

When considering the small vs. big home question, you should first remember the old adage regarding real estate: “location, location, location.” That …

Real Estate

Real Estate Survey Finds 'Trump Bump' In The Midwest And Rural Areas

An image of 432 Park, a residential skyscraper in Manhattan.<p>President Donald Trump may be enduring sagging poll numbers since taking office in January, but his election appears to be lifting the spirits of a core group of his supporters when it comes to real estate and the economy.<p>Multiple years of …

Real Estate

A penthouse owned by Trump's trust is on the market for $35 million — look inside

A penthouse at Trump Park Avenue owned by the Donald J. Trump Revocable Trust, of which the president is the exclusive beneficiary, just hit the market asking $35 million, according to public records.<p>Trump transferred the unit, located at 502 Park Avenue, to the trust in January, but he has been …

Luxury

Why Homes Listed in May Sell Faster and for More Money

For homeowners looking to sell their house quickly and for top dollar, the best time to list is in the late spring — specifically the first half of …

Real Estate

A 27-year-old realtor and landlord explains the 4 things to look for in a good investment property

Dana Bull and her husband bought their first home, a condo in Salem, Massachusetts, just nine months after graduating college.<p>But after deciding they wanted to be in Boston instead, where most of their friends were living at the time, they rented out the condo and used the income to cover rent and …

Real Estate

Trump's Congressional Address: What Matters to Real Estate

In his address to Congress on Tuesday night, President Donald Trump renewed his pledge to rebuild the country's infrastructure, replace the …

Real Estate

Massive single-family rental merger: Tricon Capital to acquire Silver Bay Realty Trust for $1.4 billion

In a deal that will shake up the single-family rental industry, <b>Tricon Capital Group</b> announced this week that it plans to acquire <b>Silver Bay Realty</b> …

Housing

What can $125K buy you in Detroit right now?

What kind of house can $125,000 get you in Detroit these days? We’ve rounded up four move-in ready homes from different neighborhoods, including East English Village, Fitzgerald, Rosedale Park, and Pingree Park. Which would you choose?<p>The first is a recently remodeled home in the Fitzgerald …

Warren Buffett gives us all an update on his stake in affordable housing

Every year billionaire investor Warren Buffett releases an annual letter to <b>Berkshire Hathaway</b> shareholders, unraveling the inner workings of his …

Housing

Case Studies: How to Use Private Money in the Short-Term, Medium-Term & Long-Term

I love to step outside the theoretical and get down to the real world, so let’s outline three scenarios of how private money can be used to fund your …

Shipping containers take on new life as homes, businesses in some South Florida communities

The white, two-story house looks like a rustic steel cabin.<p>It measures 1,200 square feet and has four bedrooms and two bathrooms in Jupiter Farms in …

Palm Beach County

How Will Housing Fare In 2017? Please Ask Later

Will 2017 be a good year for home sales? Real estate, banking and mortgage industry experts point to different factors, ranging from a …

Crowdfunding puts the mojo in flipping

Skip in<p>x<p>Embed<p>CLOSE<p>Brad Cozza of Cozza Investment Group in Fort Myers talks about why he's crowdfunding some of his projects.<p>Brad Cozza looks chill as …

Land Contracts- Another Option For Investors

The reason you first got into real estate investing was to own property. Buy and hold. Let the tenant pay the mortgage. A strategy that is a solid, …

Why A Rental Applicant With Bad Credit May Not Be So Bad

We encourage potential tenants to discuss any application issues they may be concerned about prior to starting our screening. Regularly we have …

Big Little Lies Has the Best Real-Estate Porn on Television

View The Slideshow<p>There are many reasons why you might be choosing to tune into HBO’s newest thriller of a mini-series <i>Big Little Lies</i> — the …

Foreclosures can happen with reverse mortgages

Anything that sounds easy comes with risks. And one risk of using a reverse mortgage to pay for retirement, albeit a rare risk, is foreclosure.<p>Reverse mortgages are advertised as a way to draw money out of your home for retirement, an alternative to selling the home or taking out a loan, such as a …