The Big Picture on The Difference Between Contingent vs Pending Real Estate: A "contingent" property sale depends on specific conditions, like financing or inspections, being met before the sale can proceed. A "pending" property means the offer is accepted, and the...
Christopher Murray
4-Point Inspections — Their Purpose and Importance in Real Estate
The Big Picture On 4-Point Inspections in Real Estate: A 4-point inspection reviews a property's key systems—HVAC, electrical, plumbing, and roof—to identify major issues, helping buyers and insurers assess the property's condition. Often required by insurers, the...
Foreclosure.com Review: Is It Any Good?
The Big Picture on Foreclosure.com: Foreclosure.com provides a large database of foreclosed properties across the US to help buyers find discounted homes. Foreclosure.com helps investors quickly find potential property deals, but remember there are risks in buying...
Groundfloor vs. Fundrise: Which $10 Real Estate Crowdfunding Platform Performs Better?
If you’ve checked out our comparisons of real estate crowdfunding investments, you know we love Fundrise and Groundfloor. Both offer simple ways to diversify your portfolio, and are great options for passively investing in real estate. But which one reigns supreme?...
Taxes on Passive Income & How to Minimize Them
The Big Picture On How To Minimize Passive Income Tax: Passive income is taxed differently depending on the type - dividends, interest, rents, capital gains, business income, and royalties all have specific tax rules. Rental real estate income can be offset with over...
What Is a Landlord Insurance Policy & How Much Coverage Do I Need?
Just like homeowners, landlords need property insurance coverage. Too little coverage leaves you exposed to losses when and if your property suffers damage. But too much landlord insurance coverage is an unnecessary expense each month. Which means you need to strike...
How to 1031 Exchange into Real Estate Syndications
Real estate syndications have exploded in popularity among investors seeking passive income, diversification, and higher yields than many traditional investments offer. But if you're a landlord looking to switch to passive syndication investing, can you avoid capital...
How Much Is It to Finish a Basement for an ADU?
When it comes to home improvement projects, finishing a basement can be vastly rewarding. Not only can it extend the livable space of a house, but it can be a great place to entertain company, house guests, and earn extra income as an accessory dwelling unit. So how...
Can a Seller Back Out of a Real Estate Contract?
Deciding to sell your property is a huge decision. But what if you regret that decision? What if you want out of your seller's agreement? Luckily, there are instances where you can back out of your contract. You have to make a quick decision, and you must be ready for...
Taxes on Real Estate Sales: Homes, Investment Properties, Crowdfunding & Syndications
Sure, property taxes aren’t fun while you own a home or investment property. But what about taxes on real estate sales? Do you pay taxes when you sell a house? Are taxes on real estate sales different for homes versus investment properties? Selling properties isn’t...