What is an ALTA Statement?

What is an ALTA Statement in Real Estate? The American Land Title Association (ALTA) is a nationally recognized group that works on behalf of the Title industry. For over 100 years, ALTA has set the standard for documentation requirements in...

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How To Estimate Rehab Costs

Rehab Cost Estimation Has Changed There once was a time when a house remodel was a shot in the dark. New home construction was a follow-the-instructions kind of experience with well-known formulas, calculations, and estimating tools. Remodeling a home was an entirely different...

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Construction Loan Requirements

What Are the Requirements For a Construction Loan? Real estate developers and homeowners often need to borrow money to complete a construction project. There are many choices for borrowers to choose from depending upon a few different factors. Loan amount, term,...

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How to Insure a Home Flip

How to Insure a Home Flip In real estate language, flipping a home is slang for buying a home property, quickly rehabilitating it, and then selling the upgraded and updated home for a quick profit. Because the home is a work-in-progress, it's important...

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Proof of Funds Letter for Real Estate Investment

Proof of Funds Letter for Real Estate In real estate, buying and selling property is done using many different purchasing scenarios. Most real estate transactions are for large amounts of money. Real estate sellers want to know the buyer can pay for the...

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What is Escrow in Real Estate and How Does It Work?

What is Escrow in Real Estate? There are a lot of words and terms that are unique in the world of real estate and one of those terms is "Escrow". The meaning and use of Escrow in real estate transactions are critical...

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Best Cities To Flip Houses in 2020

Best Cities To Flip Houses in 2020 For real estate investors who like to buy houses, remodel them, and then sell them for a profit, this is a great time for finding and capitalizing on hot properties in dynamic markets....

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How a Small Business Owner Can Get a Paycheck

Operating your own business can come with a fair share of ups and downs. One of the biggest troubles that people who run businesses run into is in regard to pay. As the business owner, you probably do not...

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The Best Flooring for Rental Property

carpet and laminate choice for interior Best Flooring Products For Rental Property Many Floor Coverings To Choose From Landlords and homeowners alike have the same problem. They need to find a flooring product that can last a long time and require little maintenance. Flooring...

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What Does Renters Insurance Cover?

What Does Renters Insurance Cover - F.A.Q. What is Renter's Insurance? Renters insurance is just like a homeowner's insurance policy because it protects a renter's assets as well as covers the liabilities from accidents that can occur. Damages to rental property can occur...

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