Home » Build Assets » Real Estate » Page 7
September 5, 2023
By
The Admiral Staff
In competitive housing markets, buyers are increasingly using creative tactics to make their offers stand out. One woman in Portland, Oregon, successfully secured a home by offering free pizza for life from her restaurant. Other strategies include producing videos—like a neighborhood sing-along—and writing heartfelt letters to sellers, often detailing personal stories or explaining why the home would be a good fit. While these methods aren’t guaranteed to overcome higher bids, they can sometimes sway sellers and make a difference, especially when combined with
July 6, 2023
By
The Admiral Staff
Housing costs are rising faster than incomes, impacting many Americans. To combat this, homeowners can explore several strategies to reduce mortgage payments and overall housing expenses. Options include loan modifications, eliminating private mortgage insurance (PMI) through a larger down payment or alternative loan structures, buying a less expensive home, downsizing, refinancing, reducing property taxes and insurance costs, making extra payments, and strategically utilizing credit card offers. Careful planning and consideration of long-term costs are essential when making decisions about mortgage management.
June 17, 2023
By
The Admiral Staff
The article explores four unconventional ways to begin investing in real estate with limited funds – as little as a few hundred dollars. These include investing in real estate through platforms like Fundrise ($500 minimum), utilizing apps like Stash to invest in Real Estate Investment Trusts (REITs) with small amounts of change, purchasing land on eBay for around $100, and exploring virtual real estate investing in online worlds like Second Life, where individuals have made real money flipping virtual properties. Each option
April 18, 2023
By
The Admiral Staff
Real estate investor Paula Pant manages multiple rental properties while traveling the world by building a trusted team. This team includes reliable contractors for renovations (often managed remotely via text and photos), a property manager for upkeep and tenant relations, and utilizing tech tools like Cozy for streamlined rent collection and lease signing. Pant emphasizes that while passive income requires upfront work, it ultimately allows for financial freedom and the ability to enjoy the rewards from anywhere.
January 9, 2023
By
The Admiral Staff
Rents across the U.S. are rising faster than wages, impacting millions of renters. While expensive cities like Silicon Valley, New York City, and Miami lead the way with typical rents between $2,900-$3,400, cheaper options exist in cities like Wichita, Kansas, and McAllen, Texas (around $1,000-$1,280). Some cities, particularly in Florida and New York City, have seen rent increases of nearly
