How Does the Rent-to-Own Process Work? There really isn’t a one-size-fits-all option when it comes to the rent-to-own process. However, most rent-to-own transactions involve these components: Purchase price. The rent-to-own agreement will specify how and when the purchase price is decided. The price could be based on the home’s current value—or a predicted one. In some … Continued
If you have investing in a note or are thinking of investing in one, of your first thoughts will be to the value of the note – how much is it worth and how much can you buy or sell it for? So you’re probably wondering how to understand the value of a real estate … Continued
If you are reading this post, maybe you’re looking to sell a note or maybe you’re looking for someone who is selling a note with owner financing in RI. Let’s break down the facts so you understand how it works and so you have all the info you need to move forward. How Notes Work … Continued
If you’re thinking about diversifying your real estate investing portfolio, and perhaps looking beyond the traditional investing methods of single family property rehabbing or rentals, you might be looking at investing in real estate notes. If you are looking into notes further, read these 4 tips for working with a real estate note broker in … Continued
There are always two sides to every story, especially when it comes to purchasing vacation rentals for use as an income vehicle. Consider these pros and cons of vacation rentals in Rhode Island to see the bigger picture and make the right decision for your investment portfolio. While each situation is unique and can bring … Continued
Life can bring unexpected changes that leave you searching for solutions. Homes can fall into states of disrepair that are far beyond the owner’s capacity to handle. There could have been a death, divorce, illness, or job loss, leading to lost income or a forced relocation at play. For those who need to know how … Continued
Buying investment real estate in Rhode Island is a great addition to any portfolio. As a much safer bet than the stock market real estate can provide a nice, steady flow of income and can also be used as leverage, creating more buying power. Buying investment real estate with a partner allows you to pool … Continued
Facing foreclosure? Foreclosures will affect you for many years to come and can leave your life in ruins, although you may still have time to handle this situation. When you learn the time frame and the different steps of foreclosure and compare that with what letters or other communication from your lender, this will determine … Continued
One option a homeowner has available as a resolution to at least partly cover remaining debts in this situation is selling the home directly. Listing your home for sale can be burdensome, many owners of distressed properties find themselves feeling overwhelmed by the process. If facing the decision of selling your distressed property in Rhode … Continued
After facing the loss of a loved one who didn’t have a will or investments protecting against the process altogether, probate can mean long drawn out proceedings, especially with larger estates. It can be costly to go through, so avoid making the mistake of skipping any of the legal requirements which can further tie up … Continued
Teamwork really does make the dream work. If your dream is to become a successful real estate investor, building a supreme team is the first and most important step in realizing your financial goals. A good team should include the following 5 people… including a professional buyer like Sell My House RI who will screen … Continued
While it’s extremely important, it can be difficult to zero in on the right rate to charge your tenants. While it’s important to understand and cover all of your expenses, you could lose income potential by underpricing your rental. Likewise, setting the rent too far above the current market average can leave you with an … Continued
Traditional home sales in Rhode Island can be extremely expensive, including far more than the commission or financial burden of surprise repairs. On the other hand, a direct sale to Sell My House RI will eliminate all costs. Read on for a rundown on the surprising costs associated with working with traditional agents. Commissions and … Continued
iBuyers work but aren’t local, won’t listen to you. Agents can work but will cost a lot, Local buyers, specifically Sell My House RI will pay you a great price on your Rhode Island property. We’re your neighbors, we’ll walk you step-by-step through the process and working together with us at Sell My House RI … Continued
Nobody wants to lose a good thing! You’ve invested your time and money, offered the most up to date amenities possible, and leased your property. Now, by learning these 6 things a Rhode Island landlord can do to keep their tenants happy, you can build a reliable and hassle-free stream of steady passive income for … Continued