5 Things to Know About Buying Distressed Properties in Richmond

Distressed properties aren’t always bargains. There is, however, the potential to discover a great deal among them. Typically, a property becomes distressed because the owner faces financial devastation, and there is no other recourse than to sell. Of course, if a home has fallen into a state of serious disrepair, this too is a distressed … Continued

5 Repairs to Overlook When Buying Investment Property in Richmond

Which repairs are deal-breakers and which have acted as placeholders for a wise investor like you to come along? Buyers want homes ready to move into and often lack the time, patience, or imagination to consider less than perfect houses. Homes with less curb appeal typically tend to sit longer on the market. The best … Continued

4 Top Tax Deductions for Homeowners Selling their Homes in Richmond

Buying a home is one of the most significant investments of your lifetime. In addition to cashing in on your equity, did you know there were deductions available for the expenses you encounter when you’re selling your house? You can keep even more of your profits by utilizing these tax benefits to your advantage. You … Continued

How to Do a Lien Search for Richmond Investment Buyers

Liens are legal claims or encumbrances against a piece of property in an attempt to settle an outstanding debt by taking possession of the property or by taking the proceeds should the property sell. One of the most critical legal steps in real estate transactions is performing a title check, thereby ensuring that the title … Continued

5 Estate Sale Tips for Property Owners in Richmond

Are you an estate representative who needs to liquidate an estate and wonder how to have an estate sale? While typically held after a loved one has passed, estate sales may be helpful when going through a divorce or other personal transition which requires the disposal of a household full of items. Going through all … Continued

5 Deductions Richmond Real Estate Investors Need to Know About in 2021

Write it off! The tax deductions available in the real estate market are a desirable aspect of being a landlord. Successful investors take full advantage of these deductions to attain the best return on each investment dollar. Richmond real estate investors need to know these deductions and make property management decisions based on these tax … Continued

5 Signs of a Great Investment Property in Richmond

Real estate is a numbers game, and there are universal factors that influence the outcome for each player. When you have an opportunity to invest, how will you know if you are holding a great card in your hand? Winners easily recognize these five signs of a great investment property in Richmond. Demand  Demand for … Continued

How to Bounce Back After a Bad Richmond Real Estate Deal

You can’t win them all! Failure is an integral part of the process of achieving success. Accepting that reality from the start can help you better handle the inevitable. The best outlook is to consider each failure you encounter in your real estate investment business as just another step that investors must take before reaching … Continued

How to Buy a Short Sale or Foreclosure in Richmond

X marks the spot, and jumping on the main highway of online listings will not deliver the short sales and foreclosures Richmond real estate investors seek. Unlike foreclosures, short sales are voluntary and generally are in move-in condition, usually still occupied. Short sales are, in essence, the last-ditch effort of sellers to avoid entering into … Continued