Explain Finances

Planning ahead for Maintenance and Repair Costs
One of the biggest problems for many rental property investors can be failing to plan for maintenance issues in their budgets. While it can certainly be quite tempting to see all income over and above the mortgage payment as profit, this can be dangerous when something breaks and you [...]

Home Foreclosures Can Be a Gold Mine for Investors
Whether you’re new to real estate investing, or you’ve never looked at foreclosed homes before, you might be surprised to find how much of an opportunity for closed properties could be.
When a home is being foreclosed upon, it is often being sold for a fraction of its [...]

Real Estate Market Crash Effects Divorces
Pick up any newspaper today and you are likely to see at least one article or sidebar discussing the mortgage crisis. While there are still a few markets that have remained relatively untouched by the crash of the subprime market, most areas throughout the country have felt the impact in [...]

Notices, Disclosures and Addendums
When you invest in rental property, it is important to understand that much of what you can do is guided by local, state and federal regulations. In many cases, these regulations provide guidance for the disclosures which must be made to all tenants. This is a matter of law and failure to [...]

Foreclosure Processes Vary from One State to Another
Not everyone is aware of this, but the home foreclosure process can be different from one state to another. This is why it is important to know what your state laws and regulations are, and if at all possible you should consult with a professional attorney.
The two primary [...]

Once Hot Markets Begin to Cool
As the housing crunch affects numerous markets around the country, there have been some markets that have been able to blissfully continue with rising home values and rather quick sales. There is some evidence that the housing market crash is finally beginning to penetrate those markets; however. That is certainly [...]