Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
Knowledgebase
All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.
Top 10 Metros with the Lowest Property Tax Rate
In a recent analysis by ATTOM Data Solutions on 2018 property taxes, there were a total $304.6 billion property taxes levied on single-family homes in 2018. The report also showed that the average property tax amount on single-family homes in 2018 was $3,498 – an effective tax rate of 1.16 ...
Smart Technology in Apartments
Smart home technology, once reserved for single-family homes, has invaded the multifamily, co-living and apartment space. The trend in property technology isn’t moving out of the industry anytime soon. But while benefits like unlocking the door from your smartphone are attractive to tenants, smart technology may mean even more for ...
The construction phase is exciting, but it’s also one of the riskiest times during your project. Minimizing the risk of a severe injury during this phase is key to retaining your profit, and potentially, protecting your entire business. Whether you are a do-it-yourself-er, or you hire out the rehab process ...
Continuing a Trend, Annual Foreclosures Rates Drop in Every State Except One
For 11 consecutive months, the annual rate of foreclosures has dropped, according to a recent report from ATTOM Data Solutions. In May 2019, the real estate analytics provider found that foreclosure filings were reported on a total of 56,152 U.S. properties, which is a 1 percent increase from April, but ...
When people think of vacation rentals, usually the serenity of the beach or mountains comes to mind, not the hustle and bustle of a city. There is a growing debate in the vacation rental/short-term rental industry if urban properties really are vacation rentals. Short term is considered anything less than ...
Vacation rentals, increasingly referred to as private accommodations, have been around for decades. Historically, a family would buy a second home and then hire a property manager to rent it out during the time it wasn’t in use. With this tactic, the owners used vacation rental income to defray ongoing ...
Cryptocurrency and Real Estate
Cryptocurrency and one of its main underlying technologies, Blockchain, seem poised to transform many industries. Real estate, which tends to be a conservative, slow-to-change industry, is ripe for transformation by these technologies. How can real estate investors take advantage of Bitcoin and Blockchain to set themselves apart from the crowd ...
A Different Kind of Smoke Damage
A home's value generally relates to the condition and features of the property. Homeowners and sellers should understand that certain behaviors by residents have regularly been shown to negatively affect the value of a home by worsening its condition in the eyes of buyers. One example of this is smoking indoors. Most ...
To gain the depth of knowledge essential to becoming successful, it is important for real estate investors to develop a focus. Taking the time to build a deep level of understanding in a specific area is integral to long-term success. Once a particular market is mastered, the investor can move ...
Tamara Day’s Top Weekend DIY Projects to Boost Home Value
After more than a decade of rehabbing houses, revamping interiors and building custom furniture, “Bargain Mansions” host Tamara Day has curated a vast catalog of do-it-yourself projects that increase home values. And as more real estate investors look to quickly boost returns, more sellers are turning to old-fashioned elbow grease ...
Why Mortgage Applications Have to Change
Ah, the continued plight of the American mortgage system. While each year millions of homeowners finance and refinance real estate with few problems, the system is increasingly fraught with new complexities and potential pitfalls. Updates are constantly needed to keep up with a number of outside factors and trends. Without ...
Origins of the trademarked term ‘Rent Estate’®
If you ever interact with Renters Warehouse, a curious term is likely to stand out. The phrase “Rent Estate” is strategically used throughout Renters Warehouse’s website, blog articles, and social media, beckoning visitors to learn about its mission to revolutionize the single-family rental industry. The term, which was trademarked by ...
How Wholesaling Can Work for You
If you're interested in real estate as an investment, it's certainly fun to watch those TV shows with the fix-and-flip investors turning a beat-up old house into someone's dream home. And of course, it's entertaining to see them raking in five-figure profits while they're doing it. Other TV shows, seminars, ...
Think Realty Housing News Report June/July 2019
+ WHAT'S INSIDE Think Realty | News & Events • Think Realty Supplier: Motili Investor Stories | Loan Turned to Own •Why Mortgage Applications Have to Change Fundamentals | How Wholesaling Can Work for You • Operation Safety • Mind the Gap • "It Depends"• A Legal View Strategy | ...
If you’re in the business, you probably already know that real estate investment can be one of the most lucrative financial pursuits out there. In a prosperous economy and a housing market that seems to be going from strong to stronger, it’s easy to get caught up in maximizing your ...
3 Kinds of Cash to Build Your Kingdom
When it comes to making money in real estate investing and building your kingdom, there are really only three kinds of cash to be aware of: Cash Now, Cash Monthly, and Cash Later. 1. Cash Now Let’s face it, we need money to live and pay the bills. Without this ...
GSE Reform: Housing Finance Savior or Looming Disaster?
Fannie Mae and Freddie Mac are in play and with them the financial heart of the real estate marketplace. As they evolve – if they evolve – transactions worth trillions of dollars are at stake as well as billions of dollars in potential profits. The battle for Fannie Mae and ...
The New Solar Economy: A Hazy Path Toward Harnessing the Power of the Sun
With the ongoing certainty of sunrise, the use of renewable energy is becoming cheaper, more attractive, and more common. The promise of free fuel coupled with better technology is changing the energy economy by reducing our need for oil, natural gas, coal and nuclear power. Every Tesla and Prius you ...
Zillow: Monthly Home Values Drop for First Time in Seven Years
All good things must come to an end, and that includes nearly a decade of growth for home values. Month-over-month home values have increased steadily since 2012, according to Zillow. But in April, however, the median home value fell 0.1 percent from March, which is the first time the market ...
Four Tips to Maintain Sanity Amid Real Estate Madness
Regardless of your career or depth of experience in real estate, everyone can at some point face the perilous position of burnout, exhaustion, and anxiety. Take it from two men who have been in real estate for more than 30 years combined, balancing your strategy with a long-term view will ...
Real Estate Advice Kevin Ortner Wishes He Had Received
We’ve all made mistakes. Learning from them is what propels us to higher levels. Even though he’s the top executive of a rapidly growing firm, Renters Warehouse CEO Kevin Ortner has made plenty of missteps in his real estate career. Here are few pieces of advice that Ortner wishes he ...
The internet has changed many business models. Remember when there were travel agencies in strip malls? Real estate isn't immune to such changes. Websites like Zillow and Trulia have made it possible for real estate investors to search for weeks or months to see listed homes without having to talk ...
When You Can’t Find Real Estate Leads, Look to Probate!
Sponsored content provided by U.S. Probate Leads The real estate industry is changing. With more and more competition in the marketplace, challenges in getting a loan, and cautious homeowners staying put, it can be difficult to find property that you might be interested in purchasing for your real estate portfolio ...
For entrepreneurs like Kevin Ortner and Greg Rand, problems equal opportunity. And as far as problems go, you can’t get much bigger than the Great Recession in the late 2000s and early 2010s. When the $8 trillion housing bubble burst in 2008, it spurred the loss of 8.4 million U.S ...
The current economic expansion is set to complete its tenth year this fall, surpassing the 120-month expansion of the 1990s for the longest in U.S. history, dating back to the mid-1800s. However, despite a low unemployment rate and robust job growth, several forward-looking indicators have started flashing warning signs causing ...
