Monday, August 2, 2021 / by Jeannette Johnson
[Image Source: Unsplash]
If you're a first-time real estate investor, you need to understand that buying your first investment property doesn't take place overnight. While the actual act of purchasing a place can take a few hours, the Sadle Home Selling Team reminds there are a few essential steps to consider before proceeding with the endeavor.
What to Do When Investing in a Property for the First Time
Learning about investing - especially in real estate - is a must before you commit to purchasing your first investment property. Take a good look at your financial possibilities and ensure you are ready before taking the first step towards making your money work for you. Here is an overview to help you take the necessary steps towards achieving your investing dream.
Decide What Property Type You Want
Before you even start looking for a place to invest in, you need to know what type of building you want to own. Each property type - commercial, residential, industrial, etc. — c. ...
Monday, November 11, 2019 / by Rick Sadle
Let’s face it. For we millennials, social security for retirement is an unlikely scenario. A recent article in USA Today said that, in order to retire at sixty-five, millennials would need to save half of their paycheck. Half. Who can live on half a pay check? I know I can’t.
With rent on the rise and with rental properties becoming more and more scarce as Portland experiences the constant population boom, there have to be other options. Throwing away $1500, $2000, and even more every month is only perpetuating the problem we millennials face with retirement. In many cases, it is less money to actually buy a home than it is to rent one. Plus, who wants all the limitations that come with renting property?
Purchasing is a smart choice in Portland, Oregon for many reasons. For one, housing costs are on the rise. While this may make the initial investment a little hard to come by, it also means that when you go to sell the home, you should be able to turn a tidy profit, . ...