#RealEstate News: The share of US homes bought by investors rose to about 30% last year, which is the highest ever.
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#RealEstate Tip: When negotiating a property purchase, know when to walk away. After you walk away, the other party will sometimes come back to you later, and if and when they do, you’ll have an even stronger negotiating position to work from. More at https://t.co/KKWp7io4PJ
#RealEstate Tip: It's easier to sell the cheapest home in a neighborhood than the most expensive home, so it's smarter to buy the cheapest rather than the most expensive house in an acceptable neighborhood.
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#RealEstate Tip: When you negotiate with contractors on renovation projects, always pay by the job, not by the hour. When you pay by the hour, it takes longer and costs you more money!
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#RealEstate News: New Jersey outpaced the rest of the US in housing market price growth, rising almost 6% in February, compared to the US national average home price growth of only 0.5%.
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#RealEstate Tip: You can defer paying taxes on realized gains on the sale of investment property by utilizing IRS code 1031 (commonly known as a 1031 like-kind exchange).
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