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Articles For Aspiring & Active Real Estate Investors

What Is Escrow? The (Ultimate) Guide | Real Estate Skills

When going through the process of buying a house you might find yourself having to go through escrow. So, the big question everyone seems to be wondering is what exactly is escrow?

The concept of escrow can be a confusing topic to get a firm grasp on. But, it is a very important concept to understand and learn. That's why we will break down everything you need to know about it in the article below!

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Lowball Offers: The Ultimate Guide | Real Estate Skills

According to the 2020 Home Buyers and Sellers Generational Trends Report from the National Association of REALTORS® (NAR) Research Group, 41% of listed homes have a price reduction before they get an accepted offer. This means there's usually some flexibility in the listing price, if you use the right offer strategy. 

Lowball is a common term when it comes to any form of commerce. We typically see the word pop up when someone is buying something secondhand from another individual.

Let’s say you go to a swap meet or a garage sale and you find something that you’re willing to purchase, but the price is too high.

You can either:

  1. Agree with the price and make a purchase with no hesitation. 
  2. Negotiate the price with the vendor since it’s a secondhand item, in an attempt to purchase at a lower price.

If you chose Option 2, then you chose the basic principle of lowballing.

Now that we've covered the basics, here’s everything you...

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What Is Home Staging And How Can I Use It? | Real Estate Skills

If you're about to put your home on the market, you definitely want to appeal to as many people as possible. Home staging will help gain the attention you want! 

Home staging may be accomplished to different extents depending on what you want and what your home needs. From hiring a professional home stager to turning it into a do-it-yourself project, big or small enhancements can be made. 

We'll go over the basics, show you the numbers and go over what you need to accomplish home staging!

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What Does HOA Mean? The (Ultimate) Guide

Did you know that 25-27% of the U.S. population lives in some form of an HOA? The Foundation for Community Association Research estimates there are 347,000 community associations in the U.S. with 73.5 million residents!

If you're involved in the real estate industry, it's very likely you've encountered an HOA at some point in your career. Even so, there may be a number of real estate investors out there that don't really know what HOA means.

For home buyers, investors, and other real estate professionals, knowing all about HOA's meaning will help you decide on the best property investment strategies.

Even if you reside in an HOA or have just heard about them before, you may still lack an understanding of what they're all about. In this article, you'll learn exactly what an HOA is and everything else you’ve wanted to know about HOAs.

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How Long Does It Take To Close On A House?

Did you know the average homebuyer took 73 days to close on a home after the first visit? That is true according to a data-driven study by Redfin

If you're a buyer or seller in the real estate business, you might be asking the question, 'How long does it take to close on a house?' Well, you've come to the right place.

Closing on a house can be a daunting and intimidating process, if you don't know what to expect. 

Fortunately, after reading this guide the home closing process will be predictable and repetitive for you. 

We dive into everything from the amount of time it takes to close on a house to a step-by-step guide on what it means to close on a property. 

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Top Real Estate Jobs (2020) | The Ultimate Guide

According to the U.S. Bureau Of Labor Statistics, there will be around 472,000 real estate broker and sales agent jobs in 2020 with a projected growth rate of 7% between 2018 and 2028. That means an additional 3,240 new real estate jobs are expected to be added every year this decade!

Have you ever wondered what real estate jobs are out there besides being a real estate agent? Not sure if you need any experience, education, or even a license?

Have you ever thought about pursuing a career in the real estate industry, but you're worried that you'd have to leave your full time job in order to do so?

The beauty of real estate is that you have a variety of opportunities, whether you work for a real estate business or start your own enterprise.

Lucky for you we have our Ultimate Guide on the top full-time and part-time real estate jobs available in 2020.

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Property Management Companies: The Ultimate Guide | Real Estate Skills

Accomplishing the milestone of paying off your home can be a great and fulfilling moment in anyone's life. That's why you should continue that feeling by renting out your house and earning rental income!

Having a rental property is a great source of passive income that can bring constant cash to your pockets without having to work for it. So, understanding the process and rules is critical! 

Renting out your property can be a hassle. However, this hassle can easily be avoided when property management companies are involved. 

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Real Estate Marketing (The Ultimate Guide) | Real Estate Skills

We all know what real estate is and some may know a thing or two about marketing, but what does it mean when they’re put together?

Well, it’s actually pretty simple. Luckily for you, this guide will teach you the ins and outs of real estate marketing and who knows, maybe it’ll end up piquing your interest in wanting to learn more about the real estate industry!

That being said, here is the Real Estate Marketing: The Ultimate Guide! Use the menu below to easily navigate from section to section:

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Zombie House Flipping: What’s This Business Really Like? | Real Estate Skills

Whether it be for fun or to gain knowledge, house flipping shows, such as Zombie House Flipping, are a great source of entertainment where you can learn something new. If you want to pick up a new interest, house flipping could be one of those things! 

House flipping allows individuals to gain profit by renovating homes and reselling them. Simply watching these shows as a source of pastime could eventually lead into a new, exciting and profitable experience. 

There is a wide variety of house flipping shows that are available today and all have something different to offer. This will give you insight on Zombie House Flipping and how to take on house flipping if it sparks your interest! 

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How To Make Money In Real Estate: The Ultimate Guide

Real estate is a great industry to enter and invest in because it can generate a lot of wealth for the average person. There is a lot of flexibility in real estate because you can be your own boss and work your own hours. You do not need a significant amount of capital to invest in real estate because there are many ways for you to earn profits in real estate with no money or little money to invest. 

Even if you are new to real estate or know only a little bit about the industry, you can still learn how to make money in real estate by utilizing the right investment strategies effectively while analyzing potential risks.

However, it is extremely difficult to get a good return on your investment if you do not know what you are getting into or do not thoroughly understand real estate investment strategies and other ways to make money in real estate. 

Additionally, you don't need good credit to make money in real estate because there are strategies that do...

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