Top Tax Deductions for Your Richmond Investment Property

Tax laws are incredibly advantageous to those who invest in real estate, and you could pay little to no taxes through optimum maximization of these laws. It is vital to understand the advantages of leverage regarding real estate investments and tax laws. Be sure that you are following the guidelines so that your deductions pass … Continued

5 Things to Know About Working With Private Lenders in Richmond

Maximizing your return on your investments is the name of the game in the business of real estate investing. Leveraging your wealth allows you to realize the highest return on your investments or ROI. Private lenders provide what are known as hard money loans. Generally, these loans are used by those who have ventured into … Continued

How to Use Your IRA to Buy Investment Real Estate in Richmond

Can I use my IRA to buy an investment property? Using your IRA as a tax-deferred protective shield allows you the benefit of diversification of assets and potentially higher returns through your real estate investments. While you cannot purchase property you already own under the rules, when you retire, what once served as one of … Continued

Costs to Expect With an FSBO Listing in Richmond

While selling your house on your own will save you in real estate commissions, much of the costs you will absorb, such as marketing, are included in the commission. These savings come at a high price for most sellers, and we’ll discuss the costs you can expect with an FSBO listing in Richmond.  Screening Calls … Continued

5 Ways the Foreclosure of Your Richmond House Will Impact You

Foreclosure occurs when, for whatever reason, agreed to payments for a mortgage loan and not being made in a timely and consistent manner. The reasons this can vary as widely as there are homeowners, from the sudden loss of life from a contributing family member, unexpected loss of income, or a myriad of other possibilities. … Continued

What You Need to Know About Disclosures When Selling Your Home in Richmond

Disclosure documents in real estate require you as the seller to list any known issues with the property and remodeling projects undertaken by the current owners. The disclosure process does not exist only to protect the buyer. It is essential to understand that sellers benefit significantly from this step in any real estate transaction. Read … Continued

6 Reasons Your Richmond House Isn’t Selling

Why isn’t my house selling? Waiting for a buyer can be stressful when you’re selling your home. Emotionally, the constant readying for showings and let down as no offers follow can be draining. Financially, depending on the circumstances you’re facing, the bills keep rolling in as time passes. If you’ve had to relocate, you’re now … Continued

6 Tips to Help You Downsize Your House in Richmond

Downsizing homes can be a daunting task. You can feel confident moving forward and avoid the sense of dread that so often overwhelms homeowners by following a few simple tips to help you downsize your house in Richmond.  Allow yourself plenty of time to go through your belongings, taking several weeks instead of trying to … Continued

5 Things to do Immediately After Inheriting a House in Richmond

Dealing with the loss of a beloved family member or very close friend is a stressful time that can become even more complicated by suddenly finding yourself immersed in dealing with an inheritance. It may be challenging to focus, so we have outlined five things to do immediately after inheriting a house in Richmond Lines … Continued

How to Sell a House With Unpermitted Work in Richmond

Suppose you have been considering making alterations to your home. In that case, the bottom line is to make sure the work is permitted if required by law to avoid the consequences, which are much more complicated than pulling the permit initially.  While you may believe you and your family will live in your current … Continued