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Why Rental Property Investing Is a Top Passive Income Strategy
Investing in real estate is one of the most powerful wealth-building tools. The great thing about it is that you do not have to be a millionaire to tap into the industry; any ordinary Joe or Jane can become a real estate investor. One of the simplest ways to get into the market is to hop into the versatile world of rental real estate. If you are interested in becoming one of the more than 10 million Americans who own rental real estate, there are many investing options and strategies that you can explore. Let’s take a look at how you can start your journey, as well as why this…
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Suburban Family Still In Shock After They Hired Home Improvement Contractor Via HomeAdvisor, Only For The Contractor To Smash Up Their Property
FOREST PARK, Ill. (CBS) — A suburban backyard was left in tatters with the garage and furniture hacked apart – and you won’t believe who was responsible. As CBS 2’s Tim McNicholas reported, Jonathan Moody does not need video to remind him of May 15 – but there is video of what happened. READ MORE: Chicago Police Officer Shot, Wounded In Calumet Heights; One Suspect Also Shot “What are you doing?” his wife is heard yelling in horror as a man smashes the windows and siding on their garage – with their patio furniture already lying wrecked behind the man. “It brings up just a lot of the trauma of…
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Lessen, Property Services Startup, Scores Unicorn Valuation
Lessen CEO Jay McKee and Fifth Wall managing partner Brendan Wallace (LinkedIn, Fifth Wall, iStock) A historic year for proptech fundraising has produced another unicorn. Lessen, a real estate management platform that connects property owners and operators to electricians, cleaners and other service providers, raised $170 million in a Series B round, pushing its total funding so far to $214 million — nearly quadruple its previous fundraising — and valuing the two-and-a-half year-old company at more than $1 billion. Proptech venture capital firm Fifth Wall, which led Lessen’s $35 million Series A round in June, returned to lead the new round. Khosla Ventures, General Catalyst and Navitas Capital were also…
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Excellent Guide For People Looking To Buy Property This Year
If we are being honest, nobody wants to work for their life. Passive income appeals to many people in the current generation, and real estate investments are an opportunity to realize your dream if you want to generate passive income. However, the real estate industry also comes with several risks, and it can milk you dry if you make any mistakes when buying an investment property. One of the biggest mistakes you can make when looking for investment property is rushing to purchase without considering the different aspects that regulate the real estate industry. This article has put together some of the critical factors you need to consider when looking…
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How to be part of the NDIS property investment boom – Services
NDIS service providers tend to rent the whole property for lengthy periods of time.Photo by Tierra Mallorca on Unsplash Property continues to be a star investment performer during the pandemic with certain types of property delivering even better returns than others. NDIS approved dwellings fall into this category. Property is king at the moment and many people who are investing in property are making significant gains. What we are finding is that investors who are purchasing NDIS approved dwellings are achieving extremely attractive returns of up to 20 percent per annum. The most common question I receive is how do I find or invest in an NDIS approved property. People…
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7 Tips To Selling Your Investment Property
Investing in real estate has its share of ups and downs, and a time will come when you need to let go of one of your investment properties. When you’re planning to sell your property soon, it can be a lucrative one under favorable market conditions. Once you decide to put an investment property for sale, expect some challenges along the way. Make it a priority to come up with a plan to save yourself the hassle and costs. If you want to sell your investment property, here are several tips to consider: Assess The Current Market Situation Before selling your investment property, you need to know everything about the…