by luxretail | Jun 9, 2022 | Home Buying, Investors
Thinking about investing in a rental property? Here are a few things to consider. 1) Decide if you really want to be a landlord Owning a rental property comes with a lot of ongoing responsibilities and many – such as leaky roofs or backed-up toilets –...
by luxretail | Jan 20, 2022 | Home Buying, Investors
New Year’s resolutions often include financial goals, including paying off credit cards, building a savings account, budgeting better, and planning ahead for retirement. If you are starting 2022 off with some new financial to-dos, how about diversifying your portfolio...
by luxretail | Nov 26, 2021 | Home Buying, Investors
When describing property that is not considered a primary residence, the terms “investment property” and “second home” are often used interchangeably. But it’s much more than semantics. There are significant tax and mortgage financing differentiations between...
by luxretail | Sep 30, 2021 | Market News
The real estate market outlook continues to be favorable for home sellers, with prices steadily rising since 2020. In fact, prices rose by 22.2 percent compared to 2019. And, with low interest rates and low inventory, bidding wars are pushing prices even higher. So,...
by luxretail | Aug 17, 2020 | Home Buying, Investors
The process for financing a second home or vacation home can be a little different from purchasing a primary residence. For starters, not all conventional home loans allow second homes/vacation homes, and those that do may have different requirements and underwriting...