If you’re buying a home for sale in Lake City, you probably already know that you’re going to need an earnest money deposit – but what else will you need to pay for when you close? 3 Costs You Need to Expect When You Buy a Home Before you close on a home, you’re going […]
What Does FSBO Mean?
If you’ve been looking for a home for sale in Lake City for any length of time, you’ve probably seen houses here and there listed as FSBO – but what is FSBO, and what difference does it make when you find one you want to buy? What is FSBO? FSBO is an acronym for For […]
Residential Real Estate Investing vs. Commercial Real Estate Investing
When you’re investing in real estate, you’ll have to decide whether you want to make a residential investment or a commercial investment. (You may also want to make industrial, retail, or mixed-use investments, but those are a little more nuanced than residential and commercial are.) Residential Real Estate Investments Properties like houses, apartment buildings, and […]
Thinking of Becoming a Real Estate Investor? Read This First!
If you’re like many people, you’ve toyed with the idea of investing in real estate – but where do you even begin? Real Estate Investing: The Basics For some people, real estate investing makes sense. You can buy a property and make money from it. But it’s not quite that easy. How Real Estate Investors […]
Should You Buy a Fixer-Upper in Lake City?
You’ve heard great stories—and probably horror stories, too—about people who have purchased “fixer-upper” homes. So could buying a fixer-upper be right for you? Should You Buy a Fixer-Upper in Lake City? For some people, buying a home that needs a little TLC is the best idea. “It was about finding a home that we could […]
Are There Tax Benefits to Owning a Second Home?
If you’re thinking about buying a second home, you might be eligible for some tax benefits. While we’re not tax professionals, and you should always consult with a tax expert to find out what you qualify for, we can tell you that there are some benefits you may qualify for if you’re buying a second […]
Seller Financing on Vacant Land: What You Need to Know
While many people view land as the ultimate “hands-off,” long-term investment, some landowners are able to turn their investments into an immediate income stream using an instrument called “owner financing.” Owner financing—sometimes called seller financing—is pretty self-explanatory. Instead of a buyer getting a loan from a bank or mortgage company, the person selling the property […]
7 Reasons to Make Land Your Next Investment
Land investment is generally viewed as something which is only profitable to real estate developers who acquire massive parcels of land for commercial or residential development. Nothing could be further from the truth. Investing in land is actually one of the greatest investment strategies available for anyone looking to build long-term wealth. Vacant land […]
Should You Invest in a Rental Property in North Florida?
The New York Times recently published a story about millennials investing in rental properties, and some of the things they uncovered were surprising – including the fact that many millennials (people born between the early 1980s to the early 2000s) can afford to buy their own homes and live in them… but they’re choosing to […]
