A double closing is an investment strategy that allows investors to sell their properties quickly. It is a creative exit strategy for real estate wholesaling and will help you keep your portfolio alive and profitable if used correctly. In this blog, we’ll discuss what double closing is, how it works, and its advantages and disadvantages. Let’s get started. 1. What…
It’s important to be knowledgeable about wetland mitigation as this may be your only option if your property contains a wetland and you want to develop it. Wetlands are regulated by both federal and state laws, which seek to prevent, minimize or mitigate adverse impacts to the nation’s streams and waterways. Thus, you must do your part as a landowner…
Are you looking to buy an infill lot to build a new home in an already-established area? It may sound like an impossible task, but it’s not! Infill lots are pieces of land that have never been developed or are now open after older structures have been removed. Infill lots give you access to the locations you’re dreaming of in…
If you’re new to investing in property, you may not realize how important it is to protect yourself against potential environmental liability with a Phase 1 Environmental Site Assessment. This first became an issue in 1980 when Congress passed the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as Superfund. It was in response to growing concerns over…
If you’re interested in developing property, you will definitely want to have a real estate feasibility study done. When you develop a property, the risks are great, the project is complicated, and the schedule is volatile. To compensate for this, property developers often turn to feasibility studies to help assess the situation. The key to success in real estate development…
Buying land and building a tiny house on it may seem like the perfect house hack. It’s minimalistic, private, inexpensive, and all-inclusive. Yet, finding suitable land for a tiny house can be surprisingly difficult. There are a variety of critical restrictions, risks, and financial investments that go into single lot development. In this blog, we’ll discuss the top things you…
Have you heard the term skip tracing in the context of real estate? Curious what it is? Well, did you know that the US Postal Service, also known as the Post Office, is not obligated to provide you with the forwarding address of a person you’re trying to locate? It doesn’t matter how valid your reasons may be; the Post…
When we hear the phrase “wire fraud in real estate,” it doesn’t sound like a modern problem. It sounds like an issue you’d have back when people were communicating via telegraphs. Yet, wire fraud is still an issue that can plague property owners during the already stressful closing period. In this blog, we’ll talk about mortgage wire fraud and how…
For those who have never purchased a home, you may not be familiar with a property lien search. Yet, the last way you want to become acquainted with this concept is by having an unresolved lien on your property. A property lien can not only be costly for you to resolve, but it can prevent you from selling your property…
If you’re researching the RV life, you may have heard a thing or two about “boondocking” and could be wondering, “what is boondocking?” If you’re not quite sure what it entails or if you’d be up for it, keep reading. We’ve got everything you need to know before you try it out. Let’s get started. 1. What is boondocking? There’s…
