Real estate investments are a smart way to make a passive income. However, when purchasing real estate, you must ensure you receive a fair deal. Before you make a significant purchase, you should perform due diligence, including obtaining a property inspection. A...
Real Estate
What is a utility easement?
When you purchase real estate for residential or commercial use, you must consider utility easements before further developing the land. In some cases, when you receive your deed, you may also receive a utility easement. Whenever you have a utility easement, it is...
How does a ground lease work?
Instead of buying a piece of land to establish a business location, companies may choose to rent a property instead. Different kinds of rental or leasing arrangements are available. Some businesses decide to lease a property through a ground lease. According to The...
Should you forego a pre-closing property inspection?
Even though there are some signs the housing market is cooling, purchasing a new home remains an uphill climb for many buyers. To make yourself more competitive with sellers, you may want to make an all-cash offer. You even may be thinking about waiving the...
Readying your resources: Leasing commercial property
Leasing commercial property in Ohio can provide substantial profits, especially if you find reliable tenants. Organizing your resources in preparation for leasing your property may improve your overall experience. Making sure you have all of your financials, legal...
Can you avoid rental property pitfalls?
When handling tenants, there are several pitfalls to avoid. These pitfalls can cause trouble for both you and your tenants if you are not careful. So what exactly are the pitfalls? What can you do to recognize them, and how do you address them? Always perform...
How does commercial and residential real estate differ?
Commercial and residential real estate both have different things to offer. If you have an interest in getting into real estate, you may change your mind on which to go for depending on several factors. Of course, before all else, it is important to make sure that you...
What happens if the seller dies before you close?
When you are buying a home and getting close to your closing date, the whole process feels so worth it. You get excited about finally owning this home you love. But what happens if the seller dies before you reach the closing date? According to Edina Realty, it...
How does a bridge loan work in real estate?
Sometimes timing does not work out when you are trying to buy a house. You might have a current home that you had hoped to sell before trying to bid on a new home. You probably need the proceeds from the sale of your old home to help you make a down payment for your...
Determining if you should buy or lease commercial property
Finding the perfect space to operate your company can make a considerable difference in its marketability. Determining whether or not you should buy or lease a commercial unit depends on several variables. When you compare your expectations with logistics and the...