Buy or Sell Real Estate Today 1.219.832.4843
Signed in as:
filler@godaddy.com
Buy or Sell Real Estate Today 1.219.832.4843
Signed in as:
filler@godaddy.com
America's Real Estate Experts, is your local near me Northwest, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. We offer so much more value to you then just being awesome Real Estate Agents. Our 3 Companies, 1 Home Motto is a testament to our knowledge inside the entire Property Ownership Life Cycle. There is a HUGE benefit to having ONE Point of Contact who helps you buy your first home, guides you in the remodeling process, tailors advice to your specific needs ensuring a return on your investment, and when the time comes, listing your home back at the peak of the market. This streamlining of services SAVES YOU TENS-Of-THOUSANDS over your Property Ownership Lifetime!
America's Real Estate Experts, is your local near me Merrillville, Indiana and surrounding areas, Buying an Investment Property Real Estate Brokerage. Real estate investment can be a lucrative venture, and Americas Real Estate Experts is here to help you investing in property for beginners. Whether you're a seasoned investor or just starting, our team offers valuable insights and resources to assist you in making informed decisions. We specialize in identifying properties with high potential for appreciation and rental income. Let us guide you on your investment journey!
America's Real Estate Experts, is your local near me Valparaiso, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage.
Purchasing investment property can be a great way to generate income and diversify your portfolio. Before making your first purchase, you should understand the basics of this kind of investing, including the different types of investment property, regional differences and the challenges of property investing.
And while doing your research is always critical for any type of investment, it’s especially important to consider the economic environment before investing in property. Interest rates, inflation and market volatility are all factors that can affect your decision.
America's Real Estate Experts, is your local near me Munster, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. Which type of Investment Property are you considering buying? There are two main types of investment property: residential and commercial. Residential includes single-family homes, multi-unit properties like apartment buildings and duplexes, and short-term vacation rentals. Commercial includes retail, office and industrial property and other, more nuanced categories.
America's Real Estate Experts, is your local near me Dyer, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. Work with your lender and other advisors to get preapproved for a mortgage and figure out your bottom line before making an offer on an investment property. The lender is going to need to know where your down payment is coming from, so have our financials in order. Insurance, property taxes, ongoing maintenance and upkeep, and periodic major expenses are all a normal part of operating a building and must be included in cost assumptions, and profit and loss statements.
America's Real Estate Experts, is your local near me St. John, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. You need to determine if an investment property will pay for itself based on the rent and anticipated expenses. In other words, will the rent charged be enough to cover the monthly mortgage and other expenses after it’s occupied? Vacancy rates shouldn’t exceed 25% in a fiscal year. Many first-time investment property buyers overlook certain costs that come with owning and operating a property. Insurance, property taxes, ongoing maintenance and upkeep, and periodic major expenses (such as a new roof and mechanicals) are all a normal part of operating a building and must be included in cost assumptions. Property tax increases and inflation are other factors to consider. Things like lawn service and snow removal may seem trivial, but they can absorb rental income quickly for some smaller rental properties.
America's Real Estate Experts, is your local near me Michigan City, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. This can be a big unknown, especially when investing in residential property. Renters are a big risk, because you never know who you are going to get. It is critical to perform background checks on renters before leasing to them to help prevent losses. Take your personal emotions out of the equation and stick to qualification parameters you set, no matter what.
America's Real Estate Experts, is your local near me Laporte, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. Renters have a number of legal rights guaranteed by federal and state governments. These include the right to fair housing, which guarantees that tenants cannot be denied housing based on race, religion, sex, age, nationality, family status or physical disability. Renters also have rights surrounding security deposits and the right to a habitable home that poses no threat to their physical health. Having a rental agreement that covers all your terms and conditions is just good business.
America's Real Estate Experts, is your local near me Lowell, Indiana and surrounding areas, Buy an Investment Property Real Estate Brokerage. There’s no question that investing in residential or commercial property can yield big benefits in the right circumstances. Income generation, along with potentially compelling returns, is one of the biggest draws, assuming the property maintains cash flow. Certain tax benefits may be available depending on the property and the investor’s tax situation. Depreciation represents a non-cash expense that can reduce taxable income. The adage that three of the most important factors in real estate investing are location, location and location. Let the Experts at America's Real Estate Experts help you with all your Investment Buying Needs.
America's Real Estate Experts, is your local near me Northwest, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage. Looking for something truly special? We specialize in luxury homes and can help you find the perfect one for your lifestyle. America's Real Estate Experts, is your local near me Northwest, Indiana and surrounding areas, First-Time Home Buyer Real Estate Brokerage. We offer so much more value to you then just being awesome Real Estate Agents. Our 3 Companies, 1 Home Motto is a testament to our knowledge inside the entire Property Ownership Life Cycle. There is a HUGE benefit to having ONE Point of Contact who helps you buy your first home, guides you in the remodeling process, tailors advice to your specific needs ensuring a return on your investment, and when the time comes, listing your home back at the peak of the market. This streamlining of services SAVES YOU TENS-Of-THOUSANDS over your Property Ownership Lifetime!
America's Real Estate Experts, is your local near me Valparaiso, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage. Real estate is one of the most reliable investments you can make. At Americas Real Estate Experts, we specialize in helping investors identify profitable opportunities in the market, buying or selling. Whether you are looking for residential properties, commercial spaces, or rental units, our team can provide valuable insights and guidance to help you build a successful portfolio. Let us help you navigate the complexities of real estate investing.
America's Real Estate Experts, is your local near me Chesterton, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage.
As of July 2024, rental prices have risen modestly for 6 straight months, according to Apartment List’s National Rent Report. With the potential for steady rental income, a pool of potential buyers still exists for landlords considering selling a rental property in 2024. And, with home prices on the rise, landlords stand to turn a hefty profit if they decide to sell. Tricky tax rules, existing lease terms, and wear-and-tear from tenants can make selling a rental property a major headache under any market conditions. However, when the time is right, you need to act, and with the right approach and preparations, you can make a graceful exit without too much inconvenience.
America's Real Estate Experts, is your local near me Crown Point, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage.
When you sell a house that’s functioned as your primary residence, any net proceeds are usually tax-free. Generally, you can make a profit of $250,000 (if you’re single) and $500,000 (if you’re married and filing jointly) without having to pay any taxes. However, there is one big caveat: You must have owned the house for two years and lived in it for two of the past five years. The IRS doesn’t extend the same generous tax breaks to real estate investors, different rules apply if you are selling an investment property.
Most likely, your rental property has increased in value over time, resulting in a capital gain (the profit you earn when you sell). But since you’ve been renting the property rather than living in it, you won’t qualify for the “use test" of the capital gains exclusion, meaning that any profit you make, even under the $250,000/$500,000 threshold, could be taxable. If you have owned the rental property for just one year or less, the profits will be considered short-term capital gains tax, which are taxed at the same rate as your income. That means depending on your tax bracket, you could owe anywhere from 10-37%, per the tax code as of this writing. If you have owned the property for more than one year, the long-term capital gains are taxed at a lower rate, ranging from 0-20%.
If your taxable income is less than $47,025 (single) or $94,050 (married filing jointly), you are off the hook for paying capital gains taxes. Always verify your tax liabilities with your trusted tax professionals.
America's Real Estate Experts, is your local near me Hammond, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage
Achieving a ROI (Return On Investment) is paramount in every commercial real estate transaction. Real Estate Brokers specializing in Investment Properties enhances your chances of maximizing sale proceeds through expert pricing, effective marketing, skilled negotiation, and seamless closing. While brokers earn commissions for their services, the value they bring far outweighs the cost, ensuring your sale achieves its highest potential value. America's Real Estate Experts takes pride in helping you maximize the profit on the sale of your investment property.
America's Real Estate Experts, is your local near me Michigan City, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage. It might be tempting to try to sell your rental property on your own, but the marginal amount you’d save on commission costs could pale in comparison to the higher price that a real estate agent would fetch. According to the 2023 National Association of Realtors Profile of Home Buyers and Sellers. The typical FSBO home sold for $310,000, more than 25% less than the $405,000 for agent-assisted home sales. To get an even bigger advantage, consider looking for an agent who specializes in working with investment properties. They will be able to offer expertise or insights on: Rent trends in your area, Tax implications of selling a rental, Projected return on investment, After-repair value (ARV) of your property, and a network of investors seeking properties like yours. America's Real Estate Experts offers ARV Reports for Free. Prior to listing a rental for sale, landlords should consider several preparatory steps to enhance the property's appeal and value. This preparation involves ensuring tenant cooperation, undertaking necessary repairs or upgrades, and understanding how rental income influences the property's valuation. Effective preparation not only helps in attracting potential buyers but also in achieving a better sale price.
America's Real Estate Experts, is your local near me Westville, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage.
Maybe it’s time to unload a poor-performing rental property in a declining neighborhood, but you want to try your luck in an up-and-coming area. With the 1031 Exchange you may be able to sell one property and then buy another “like-kind” property with more income potential, without having to pony up the capital gains tax. What does "like-kind" mean? Well, you unable to use the 1031 exchange to buy a personal residence that you intend to live in, it has to be another investment property that you plan to rent out or flip. And the clock starts ticking as soon as you have sold the first house: You have 45 days to find and identify up to three properties you are interested in purchasing and a total of 180 days to close. The timing of the sale and subsequent purchase, there are many other rules that you must follow with a 1031 exchange, so the most important first step is to contact a qualified professional at America's Real Estate Experts. Our job is to facilitate all aspects of the exchange and ensure that you follow all the required steps.
America's Real Estate Experts, is your local near me Hanna, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage..
If your rental property is occupied when you decide to sell, one option is to negotiate with the tenants and offer an incentive for them to vacate. If they are intent on staying put, or if you have a good tenant and want to use that as a selling point, you will have to respect the terms of the lease. In most states, the lease agreement will be transferred with the sale, and the new owner can only make changes after the current lease has expired. If your tenant has six months left on their lease, then buyers will have to accept the lease agreement as part of their purchase. If your tenants are paying month to month, you can choose to give them notice to vacate. Some States landlords must give a 30-day notice to tenants who have lived in the property less than a year, and a 60-day notice if they have lived in the property longer than a year. Check your with your Real Estate Attorney for your States requirements.
America's Real Estate Experts, is your local near me Schererville, Indiana and surrounding areas, Sell Your Investment Property Fast Real Estate Brokerage.
For some investors, an occupied property is preferable to an empty one. If you are selling with a tenant, remember that you are marketing the property to investors only, so you should include information in the listing that investors will care about. These might include: How long has the tenant lived there? What’s the monthly rent? Is the rent paid consistently on time? Does the tenant cover any utilities? What security deposits, licenses, or other permits are in place with the lease? When does the lease expire? Does the tenant take good care of the property? What is the current condition of the property?
To keep your tenants happy and cooperative during the selling process, you might consider offering some type of incentive. Gift cards or discounts on rent in exchange for keeping the property looking its best and being agreeable to showings.
Copyright © 2024 Americas Real Estate Experts - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.