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What to do if Your Tenants Cause Damage to Your Salem Rental Property

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There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dried as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. … Continued

5 Things You Should Know About Buying Salem Investment Property With a Group

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Did you know that in 1961 a group of 3,000 investors purchased the Empire State Building, many of whom invested only $10,000?  Investment groups or real estate syndications are a unification of effort and ultimate decision-making that allows the group to benefit from the shared knowledge and experience of the members to earn a high … Continued

Hoaxes and Scams Salem Home Buyers and Sellers Should Be Aware Of

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Regrettably, the world is full of would-be scammers who look for any opportunity to make a quick buck at the expense of vulnerable consumers. The buying and selling process of real estate is no different. The main difference is the significant financial loss that the victims incur, considering the substantial size of a real estate … Continued

5 Tips for Selling Your Salem House on a Budget

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Listing a home for sale on the market in Salem takes money. Even if you skip the services of a real estate agent to save on the commissions, it can be costly to prepare the property to attract buyers, commonly seeking homes that are in ready-to-move-in condition. However, if you can’t perform significant renovations or … Continued

How to Buy a Salem House Without a Downpayment

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First-time homebuyers may be shocked to learn of all the costs of buying a home and unprepared to pay conventional lenders’ typical 20 percent down required, in addition to all of the other fees of closing and moving into a new home, which can run into the 10s of thousands. Or the dream of homeownership … Continued

Pros and Cons of Buying Multi-Family Properties in Salem

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There are two sides to everything, including investing in multi-family properties. Wise investors take steps to educate themselves on the risks and the potential before plunging into a new real estate market sector. As your knowledge grows and you work towards diversifying your portfolio, it’s advantageous to have a bit of guidance as you expand … Continued

3 Great Ways to Invest Your Money in Salem

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Instead of having to work for every penny of income in the future, investing money is much like planting seeds; given time, with careful planning and a bit of attention, they will multiply and bloom into financial independence and the freedom to do as you wish in your retirement. Therefore, investing should become habitual at … Continued

How to Estimate the Costs When Selling Your House in Salem

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Selling your home on the Salem market either on your own or with a real estate agent involves spending money out of pocket and settling up the remainder of the bill at the closing table. Adding up the numbers of a listing can be incredibly eye-opening; however, many homeowners fail to account for all the … Continued

4 Things You Should Know About Selling Your House to a Direct Buyer in Salem

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When it’s time to sell your house, the most critical decision is selecting your sales method. Unfortunately, when the conventional home sales method comes to mind, working with a real estate agent, the next thought is typically the pain of paying the real estate agent’s commissions and all of those fees at closing, depleting the … Continued

How to Sell a Mobile Home Without a Real Estate Agent in Salem

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Ready to sell your mobile home in Salem but prefer not to work with a real estate agent? Considering the high commissions they charge, it’s easy to understand why so many owners attempt to sell a mobile home without an agent. But, much like setting off on an adventure without the proper knowledge is likely … Continued

What Salem Home Sellers Need to Know About Closing Costs

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Each step in the process of selling your home on the traditional market comes with a cost. Then, after all of the anticipation, you have finally sold your home, and the new focus becomes the complex closing process wherein the title on the home transfers to the new owners. So often, sellers’ purchase of their … Continued

4 Misconceptions People Have About Buying Investment Properties in Salem

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Who me? Invest in real estate? I can’t imagine buying investment properties in Salem! Regrettably, you may miss your chance to provide a comfortable retirement for yourself because of myths that have convinced you real estate investing isn’t for you.  We’re here to let you know; anyone can invest in real estate. To that end, … Continued

How to Decide if You Should Keep or Sell Your House in Salem

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Do you want to sell your house in Salem? Just as there is a right time to buy, there is a right time to sell your home. Of course, many factors may influence the decision ahead, such as changes in your finances or significant life circumstances that have caused an upheaval in your life. Perhaps … Continued

5 Reasons Why Salem Investors Are Adding Mobile Homes to Their Portfolios

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The secret is out! The time has come for mobile homes to get the respect they deserve as a passive income stream and building a retirement nest egg. Investing in real estate and building a portfolio of real estate holdings has been the pathway to freedom for savvy investors earning passive income by quietly investing … Continued

6 Reasons Why Salem Real Estate is the Best Investment You Can Make

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Real estate has proven itself a wise investment that offers opportunities to create wealth and provides investors in other markets with diverse portfolios. In addition, unlike other assets, which can disappear overnight or destabilize, real estate is exceptionally straightforward and stable; what you see is what you get. Just hire an inspector first. Finally, there … Continued
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