Blog - Personal Finance and Real Estate Investing - Ideal REI

The Anatomy of How Fear Will Cause the Corona Recession

The situation seems to be changing every few hours, but as of right now, you are less likely to be impacted by the virus than by the massive economic impact caused by the knee jerk responses surrounding

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sell or rent my house

Should I Sell or Rent My House? – Few Things to Consider

So, you’ve found a new home and you’re not sure what to do with your old property. You could sell it to get a large cash sum or you could rent it out and have an extra income every month. There

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mortgage underwriting

How Your Mortgage is Underwritten

As an investor looking for a mortgage or a loan to buy real estate, you have to jump through numerous hoops. The obstacles to purchasing a house to flip or rent seem impossible but the more you know about

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Real Estate Content Marketing

It’s no secret that the real estate market is overcrowded with realtors and house-flippers. Fortunately, some of them haven’t caught up with technology yet and don’t utilize the internet as much

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cash buyer list

How to Build a List of Cash Buyers

If you are wholesaling or flipping properties, then you need a list of cash buyers so you can sell quickly and easily. Even if you are a buy and hold investor such as myself, having a list of cash buyers

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squatters

How to Get Rid of Squatters: What you can and can’t do

Owning a rental property can be a rewarding experience but it also has its pitfalls. One of the worst things that property owners have to deal with is squatters. A squatter is someone who takes possession

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1031 exchange

1031 Exchange: What Are The Pros and Cons?

1031 Exchange is a section of the Internal Revenue Code that allows people to defer tax on a qualifying exchange of like-kind real estate. 1031 exchanges are also known as a like-kind exchange or Starker

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house hacking

House Hacking Guide: Everything You Need to Know

House hacking is when an owner lives in a property and slowly improves it over time. They might rent units in the property so the tenants cover the mortgage when they make improvements, increasing the

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foreclosure

Step-by-Step Guide to Buying Foreclosed Homes

Many people dream of buying a home but it can be difficult because it’s so expensive. In addition to a monthly mortgage, you also need to come up with a down payment and cover the maintenance and upkeep

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increase revenue interior upgrades

How to Grow Revenue With Interior Upgrades

There are a ton of ways to add value to your rental portfolio, but the easiest and most common way is through an interior upgrade, aka through “renovation”. Don’t get caught up on the

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