It was not too long ago that Atlantic City, NJ looked as if it was losing its appeal. As the casino industry seemed to be in decline, it appeared it would take a miracle to revitalize this once booming shore town. The last decade has seen almost as many shuttered casinos as open ones, and the ones that were open were not thriving. However, trends have changed recently. According to the Center of Gaming Research at UNLV, from 2007-2015, total casino winnings in the city decreased each and every … [Read more...] about The Revival of Atlantic City
Do you think you are ready o buy your first home? Making the move from renting to owning your first home is an exciting time. However, it is likely the most expensive purchase you will ever make, thus this move must be planned and researched extensively. Many people think they have enough savings to purchase a home, only to find themselves scraping by each month because they did not account for the additional expenses of owning a home. By following the helpful tips below, you can … [Read more...] about Are You Ready to Buy Your First Home?
Arguably the most popular trend in the real estate industry today is the growing interest in flipping homes. When done correctly, flipping a home can give an investor a lucrative profit, however it is a risk. If not done correctly, the home could possibly not sell, and the investor ends up paying the mortgage and all costs on this home, while it sits vacant. It is important to do extensive research on how to properly flip a home before getting into the business, otherwise your flip will quickly … [Read more...] about Helpful Tips for Flipping a Home
In an age where it is rare to receive over a 0.1% interest rate on a standard savings account, people are looking elsewhere for ways to stash their hard-earned money. There are always standard treasury bills and online savings accounts that offer slightly higher interest rates than a traditional bank account, however the rates are still far lower than most investors hope to earn. This is where real estate investment comes into play: with higher return on investments than almost every other … [Read more...] about The Benefits of Real Estate Investment
When it comes to real estate investments, securing funding for investment property is often times the most stressful part. If you’re preparing to buy a new investment property, check out Brass Financial Group’s top tips to make the funding process run smoothly. 1. Shop Local When you look to local institutions for funding for an investment property, you’ll usually find greater flexibility. The loan officers at a local institution aren’t required to adhere to national policies, and they’ll … [Read more...] about 3 Tips for Securing Funding for an Investment Property
Whether you’ve bought or sold property, if you’re involved in real estate, you’ve likely encountered a home appraisal. A home appraisal is conducted to determine an estimated market value of a property. Once completed, the information is used by real estate agents, buyers, and banks to help them make critical decisions like how to price a home or how much money to loan someone. Because the outcome of an appraisal is so important, it only makes sense that you know what a house appraisal is based … [Read more...] about Wondering What a House Appraisal is Based On? Brass Financial Group Explains