Flipping Vs. Renting

Posted in Real Estate Investment

With recent economic problems developing in the housing market, many investors are finding themselves wondering what the best approach to the market is as it adjusts. In real estate there are many different ways to invest, but two of the most common are flipping homes and renting them out. While the up-front cost of both is similar, you may be wondering what will pan out the best in the long run. Under the current circumstances it is necessary to think about both the longevity of an investment, as well as potential gains granted by a purchase. It is worth the time to examine both options, and don’t presume what is true within the context of the national market is equally true in your locality.

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Posted: February 4th, 2008 at 12:50 pm | Email Post | Add comment

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What All First Time Landlords Should Know

Posted in Real Estate Investment

Becoming a first time landlord can be a very lucrative proposition if you know what you’re doing. Unfortunately, most first-time landlords don’t know what they’re doing, so it’s very important to get information from people in the know.

First, learn the rules. Every state’s laws are different. Knowing Maryland property codes, especially with regard to required safety and security items, as well as any affordable housing laws, is of the utmost priority. For details, you should speak with your realtor. Also be aware that regular homeowner’s insurance does not cover tenants; you have to switch to landlord insurance.

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Posted: November 14th, 2007 at 11:06 am | Email Post | Add comment

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