Mediation Expenses for Inherited Real Estate

Introduction Inheriting a home can be a stressful time. Make sure you are aware of all 4 Hidden Costs You Can Face When Inheriting a Property in Richmond. You may not have lived in that house or even visited it, which makes it difficult to know what needs to be done and how much it … Continued

Utility and Maintenance Bills with Inherited Properties

Introduction If you’re inheriting a home from a loved one, you’ll likely have some questions about what comes next.  It can be a great thing, but you need to be aware of the potential hidden costs. Tax Obligations When Inheriting a House and potential Mediation Expenses for Inherited Real Estate are often unexpected.  Another area … Continued

Tax Obligations When Inheriting a House

Introduction When you inherit a house, there are several tax obligations that you will need to take care of. The amount of money that you will have may not be enough to pay all these taxes, so it is best that you start planning early. This is just one of the 4 Hidden Costs You … Continued

You’ll Need to Find the Right Buyers

Introduction So, you’ve decided to sell your house. Congratulations! That’s a huge step. But the next step can be even bigger: finding the right buyer. Your first instinct might be to list on the Multiple Listing Service (MLS). After all, if hundreds of agents are looking at your property and sharing their thoughts with other … Continued

You’ll Need to Disclose Everything

Introduction Selling a home is stressful, but if you’re not up front about the property’s issues, you could be on the hook for thousands of dollars when it comes time to close the deal. Here are some items that sellers should consider disclosing to buyers before selling their home.  If you are concerned about selling, … Continued

You May Not See a Return on Your Repairs

Introduction As a real estate investor or a regular homeowner, you know that the money you spend on home repairs is an investment in your property. You want to see a return on that investment so that you’ll get your money back—and then some. The problem is that most sellers aren’t willing to pay for … Continued

Mistake #4: Not Being Able to Find Tenants or a Buyer

Introduction If you’re having trouble finding tenants or buyers for your investment property, you may be able to help yourself by identifying the best strategy for turning it around. Here are some tips on how to make this happen. This mistake is just one of the 5 Mistakes New Richmond Real Estate Investors Often Make. Identify … Continued