With the increase in foreclosures, many real estate investors are weighing the advantages of flipping a home versus buying rental properties. Each method has advantages over the other, but only one method is able to create an instant cash flow. The rush to get into real estate is causing some confusion with new investors that want to capitalize on the hottest trends without understanding fluctuations in the real estate market. By comparing the advantages and disadvantages, you will quickly learn Read more [...]
There are many types of business formations that you can use when setting up your real estate business. Each formation has its own pros and cons, but a corporation is a popular formation used by many investors. Florida is a state that is friendly to corporations and both individuals and groups of investors take advantage of the corporate tax breaks that are available by setting up a Florida corporation for real estate investing. If you plan to setup a corporation, you will benefit from knowing the Read more [...]
The news about investing in Florida real estate continues to get better. The amazing growth that Florida has witnessed in the rental property and vacation home market is now being recognized worldwide. Investors around the world can no longer ignore what is going on in Florida. A recent real estate traffic report by Point2 for the fourth quarter of 2011 has announced that Florida ranks number one for foreign real estate investing. This news is no surprise to savvy investors that have been following Read more [...]
Bad advice is everywhere online and it can be hard to judge the validity of the information. Good advice is harder to come by, but a few tips and tricks taught to you by someone that knows their stuff can change your life forever. Even beginning investors have likely heard names like Trump, LeFrak and Stern. These real estate moguls started out just like everyone else, but the information that they received helped propel them into real estate riches. The people currently doing what you want to do Read more [...]
Having a plan is a necessity in real estate investing. Trying to make decisions on your own without a specific plan of action can lead to disastrous consequences. It is not uncommon for an investor to lose his or her investment due to making bad decisions about investments not initially included in a business plan. Getting started in real estate takes planning and paperwork that have nothing to do with making an investment. Creating a start up real estate investing business plan is one of the first Read more [...]
An attractive website, testimonial videos and a self-proclaimed Guru are some of the tactics used by inexperienced companies online that want sell you a turnkey real estate investment. If you are new to real estate investing, it can be tempting to buy into one or more programs due to your lack of knowledge. It takes more work than reading a book or attending a seminar to invest your money into a property that will produce the type of monthly rental return that you dream about. Knowing how to select Read more [...]
There is a secret formula to becoming successful as a real estate investor. It is called information. Reading some of the best real estate investing books is part of the legwork that smart investors use to build their knowledge. No investor makes decisions out of thin air. Information about markets, ROI, cap rates and rental income are all great things to know, but they are not the only pieces of information that you can use. The digital age makes it easy to find information online quickly, but you Read more [...]
Some real estate markets are lukewarm and others are very hot in terms of profit potential. Many investors are searching for the next lucrative market to open up with scores of rental properties. Florida has always been a popular place to invest, but recent developments in real estate have all eyes watching the Jacksonville market. This Northern Florida city is emerging as the place to go for rental properties at below market prices.
Factors Affecting Jacksonville Real Estate
The peak of the real Read more [...]
Many people set up corporations to buy and sell real estate as an additional protection against liabilities. Others create a corporation to mask personal involvement in property transfers and public records. Regardless of the use of a corporation, you can buy real estate with corporate credit as an alternative to using your own cash or IRA. By capitalizing on the credit rating of your corporation, you can buy real estate and build your corporate holdings portfolio.
Using Corporate Credit to Read more [...]
You and your spouse can each own an individual IRA to invest in for your retirement. The rules change slightly that relate to earned income and what type of investments can be made. There are always tax requirements that must be followed to keep a spousal IRA free from penalties or possible account closure. By understanding the rules, you and your spouse can build a prosperous IRA.
IRA Contribution Limits for Spousal IRAs
The IRS has special rules when you are married and file a joint tax Read more [...]
