Recent Posts by Richard Nevis

4 Tips to Getting a Better Mortgage Rate

Buying a new house is a good experience that can only turn sour if you get a terrible deal on the mortgage. If you want to get better mortgage rates, here are four things you can try – 4 Tips to Get Better Mortgage Rate 1.      Make a bigger down payment There was a time…
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Calculating Fair Market Rent for a Property

One of the main reasons why many rental property owners find it challenging to see profit in the rental venture is their inability to calculate the fair market rental value for a unit. They often overestimate the value and sometimes undercut comps, none of which is ideal for owning rental units. So, today, I’m going…
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4 Misconceptions about Land Investing

Contrary to popular belief, land investment is not pointless. And that’s not the only misconception people have about vacant lands. 4 Land Investment Misconceptions Land doesn’t ensure cashflow One of the biggest misconceptions about vacant land is that they are unprofitable and do not generate cashflow. Well, in a sense, it is true. When you…
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5 Facts about Real Estate Short Sale

Short sale implies when the someone sells their house for less than what it was valued at, usually, even less than what he owes to the lender. People usually sell their house on a short sale when they are in financial distress or cannot repay the mortgage. If you have a limited budget, buying a…
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