5 Things You Need to Know About Selling Your Richmond House in 2023

The real estate market is ever-changing, influenced by updates to many factors, from technology to economic factors such as interest rates, and evolving trends, which bring about changes in housing costs and affect the buyer pool.  But, with an understanding of what lies ahead, sellers like you can make informed decisions about one of your … Continued

What Richmond Real Estate Buyers and Sellers Can Expect in 2023

A renewed focus on homeownership brought about by the pandemic changed the perspective of the population that would generally be renters. As a result, Richmond real estate investors should be aware that this driving force is now cooling and consider adjusting their investment strategy accordingly. So read on as we explore what Richmond real estate … Continued

How to Evaluate Your Richmond Property’s Condition Before Selling

Realistically assessing your property’s condition is a valuable guide for sellers. However, some sellers fear discovering what they may discover as an issue during an inspection. When sellers bypass this step, contracts from potential buyers are likely to be fraught with contingencies based on the inspection’s outcome. Therefore, it’s much better to face the unknown … Continued

Building Your Portfolio in Richmond: 5 Secrets for New Landlords

Real estate investments are a way to build significant wealth with tangible assets that provide a passive flow of rental income for investors that will carry you through your golden years in style while realizing several tax benefits. Managing your real estate investment portfolio is your business; treating it as such is the surest way … Continued

For Sale By Owner in Richmond: The Costs, the Time, and the Results

How well listing fares on the Richmond real estate market and how many days on the market depends significantly on your home’s condition and willingness or ability to rectify any glaring issues. You’ll also need to pay for any necessary repairs or replacements, either upfront or through negotiating the cost of the repairs with your … Continued

3 Things to Consider Before Becoming a Landlord in Richmond

As a real estate investor, growing a healthy, well-diversified portfolio that will provide a passive income to carry you through your retirement in style is your business. As an investor, selecting the best investment opportunities allows you to earn the highest returns on your investment dollar.  Just as you should approach the business with systems … Continued

Richmond Investment Property: Knowing What You Can Write Off on Your Taxes

It takes careful planning to provide for your income in retirement, and real estate investments offer fantastic tax benefits to investors. These laws exist to encourage investments in the real estate market through incentives. Missed opportunities to keep more of your income can add up over time, and knowing what you can write off the … Continued