by Guest Author | Last updated Sep 11, 2024 | Property Management, Spark Blog |
The Big Picture On a Preventive Maintenance Checklist For Rental Properties: Include specific maintenance clauses in lease agreements to ensure tenants contribute to property upkeep. Address kitchen and shower drain maintenance to prevent clogs and potential plumbing...
by G. Brian Davis | Last updated Sep 10, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture On Hard Money Loan Requirements: Hard money loans offer quick, flexible financing for real estate investors but come with high costs and strict requirements. If you need fast cash for a unique real estate project, hard money loans can close in days and...
by Michael Lewis | Last updated Sep 9, 2024 | Property Management, Spark Blog |
The Big Picture On Co-Signers In Lease Agreements: A cosigner on a lease takes on the legal responsibility for paying rent if the tenant fails to do so. Cosigners benefit landlords by expanding the pool of potential tenants, especially in high-demand markets like...
by G. Brian Davis | Last updated Sep 6, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog, Tax Tips for Real Estate |
The Big Picture On The Reverse 1031 Exchange Timeline & Rules: Unlike a traditional 1031 exchange, where you sell a property first, a reverse 1031 exchange allows you to buy the replacement property before selling the relinquished one. To comply with IRS rules,...
by Christopher Murray | Last updated Sep 9, 2024 | Active Real Estate Investing, Spark Blog |
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...
by Guest Author | Last updated Sep 4, 2024 | Active Real Estate Investing, Spark Blog |
The Big Picture On Single Family vs Multifamily Rentals: Multifamily often beats single-family for income, with built-in risk spread. Single-family homes are easier to fund. 2 to 4 units still count as residential, but 5 or more units need commercial loans. Both...