Here's Journal Club 7/9/21! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- A vacant piece of land is often overlooked and misunderstood as a real estate investment opportunity. If you look closely, owning land can offer you many benefits through its simplicity and stability. However, there are several factors to be evaluated before purchasing vacant land. Seth Williams, an experienced land investor, shares warning signs to look out for before buying land in the article, The truth about land investing.
- Transitioning from buying vacant land to owning a rental property might be a significant change and require a bigger budget for a down payment. But did you know you could own a rental property for under $100,000? Curious to learn how? Check out this article, Where to Find Investment Properties Under $100K on Roofstock, to know some of the best real estate markets for purchasing investment properties and tips on managing them efficiently.
- How do you know if a rental property that’s on sale is a good investment opportunity to pursue? To answer that question, you’ll need to calculate its expected return on investment. Wondering how to estimate that? Read this piece – What Is A Good Return On Investment For A Rental Property? by Alex Karani on Mashvisor to understand the math behind a good investment.
That’s all, folks. I hope you enjoyed this week’s journal club.
Read anything interesting this week? Please feel free to share them in the comments below!
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.