5 Steps To Buying Vacant Land In Lorain

Considering buying vacant land in Lorain? Here are the steps to follow: Step 1. Why Land Before buying vacant land in Lorain, Ohio, ask yourself: what is my goal with land? Will I be reselling the land after my purchase? Am I looking to build on this land? If so, what am I going to … Continued

6 Tips To Be A Great Lorain Landlord When You Live Out of State

Having rental properties is a great way to have a steady monthly income. Beginning real estate investors typically stick to rental properties in their own area because they are familiar with the market and can easily check on their properties and make some repairs if necessary. Once you have enough experience and the means to … Continued

How To Turn Your Investment into a Great Rental Property in Lorain

A great rental property depends on both tangible and intangible characteristics. Each investor will have his or her preferences for what constitutes a great rental property, but there are a few universal characteristics everyone can agree upon. Here are some ways to turn your investment into a great rental property in Lorain. Location Having a … Continued

5 Signs of A Great Investment Property In Lorain

You have your legal and financial ducks in a row to invest capital in property, but what should you buy? You also need to assess what type of owner you plan to be. Will this be your new residence? Will you purchase, renovate and flip it? Or are you planning to be a landlord? There … Continued

How To Give Investment Real Estate As A Gift In Lorain

The gift of investment real estate is life-changing. It might be your son or daughter’s opportunity to retire early or build a great college fund for their own children. As of 2019, the IRS Gift and Estate Tax Exemption Amount states that any one person can gift another person up to $15,000 tax-free. Also, you … Continued

How To Fix Up A House in Lorain for Profit

More and more people are getting on board with the “fixer-upper” trend. Purchasing a home at a low price, in exchange for a little TLC can be a great way to make some extra cash, or get a home ready for you to move in yourself! Whether you want to flip your home or just breathe … Continued
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