Chris Plaford's Blog

Things to Look Out For as a New Homeowner

Buying your first home is an exciting time, but that excitement may cause you to overlook some very important things. While you know the basics about the price of the home and what it looks like, there are some problems that may be lurking beneath the surface that...

What to Know About Short Sales

Short sales (when the market value of a property is worth less than the mortgage amount) can offer a homeowner in financial distress a viable exit alternative, however there are a few things to know beforehand.  Selling real estate can be an arduous task under the...

Traits to Look for in a Tenant

Every landlord hopes to rent homes, apartments and other dwellings to the right people. However, this process is not always as easy as it might seem. When searching for prospective tenants, landlords are encouraged to choose individuals who display the following...

Questions to Ask a Property Manager Before Hiring Them

Everyone wants passive income. That's one reason investing in rental properties is so popular. However, while rental properties can be profitable, it's not as if there's no work involved in running them. It takes time and energy to screen potential tenants, collect...

Investing in Out of State Real Estate

Some real estate investors are intimidated by the idea of investing in properties out of state. There's really no reason for that. It's very possible to invest in commercial or residential properties that are located in other states. In fact, many highly successful...

Things to Know When Hiring a Contractor for Your House Flip

House flipping has morphed into a popular real-estate trend. Individuals who engage in this practice purchase properties cheaply priced for a variety of reasons, make any needed repairs or upgrades and sell the dwelling for a potentially lofty profit.  That said, many...

The Golden 70% Rule of House Flipping

House flipping is about far more than Demo Day, shiplap, and the passing of the baton. While you've probably seen TV shows that depict property flipping as a 60 minute process that ultimately results in a win-fall of profit, there are some things that you will need to...

3 Core Tips for Starting a Real Estate Investment

Real estate presents a financial opportunity for all participants who get involved.  How you leverage the real estate market is based on your investment strategy. Lengthier investments in real estate establish a different criteria to work with. Through longevity, a...

Why Investing in Real Estate is the Right Move for You

Offering consistent returns, real estate is one of the best markets in which to invest. Real estate, despite down times in the market, has historically appreciated in value over time. That means that an investment that is purchased today should be worth (on average)...