Real Estate Financial Planner™
Achieve Financial Independence with Real Estate, Minus the Hype
You’ve analyzed your deal, gotten your offer accepted, and are now under contract to buy your investment property.
So, what happens next?
The period from contract to closing is an important phase in the real estate investing process, filled with key steps that take you from having an accepted offer to officially owning the property.
Here, you’ll find blog posts that walk you through everything that happens once you’re under contract. From important deadlines and inspections to title work and securing financing, these posts provide detailed guidance on the entire process. You’ll also learn what you need to do and what your real estate agent will be handling to ensure a smooth transaction.
These highly detailed posts give you practical advice to help you navigate the contract to closing period confidently. Whether you’re a first-time investor or a seasoned pro, you’ll gain valuable insights to stay ahead of the process and avoid common mistakes.
Explore the posts to be prepared for what comes next and move smoothly toward closing day.
Closing a real estate deal can feel like the finish line in the buying process, but it’s also a moment where precision and planning are essential.While it may seem like the hard part is over, there are still important steps to complete to ensure everything goes smoothly.From understanding the closing timeline to reviewing important documents … Read more
As a real estate investor, understanding the different types of deeds is crucial for protecting your investments and navigating property transactions smoothly. Deeds play a vital role in transferring ownership and defining the rights and responsibilities of both buyers and sellers.Below you’ll learn about the various types of deeds, their implications for real estate investors, … Read more
In real estate investing, understanding appraisals is essential.Below, we’ll walk through what an appraisal is, when you’ll need one, and how it impacts your transactions.We’ll also cover the types of appraisals, the methods appraisers use to determine value, and what happens when the appraisal doesn’t match your expectations.Whether you’re buying, selling, or refinancing, this guide … Read more
Insurance is a critical part of protecting your real estate investments and for asset protection.As a real estate investor, understanding the different types of coverage, how insurance policies work, and how to make informed decisions can save you from significant financial loss.Below, we’ll dive into the essential aspects of insurance to help you safeguard your … Read more
When you’re buying an investment property, inspections are one of your best tools for protecting yourself.They help you find hidden issues and give you leverage to negotiate with the seller.Knowing how to navigate the inspection process can save you money and help you avoid costly surprises later.The Inspection ProcessIn this section, we’ll guide you through … Read more
When you’re buying a property, one of the key documents you’ll encounter is the Seller’s Property Disclosure (SPD).It’s important to remember that the exact format and requirements for the SPD can vary depending on your market.Your real estate agent will guide you through the specific version used in your area and help you understand what’s … Read more
You’ve determined your plan to achieve financial independence and that includes investing in real estate.You’ve evaluated all the different real estate investing strategies and selected one or two strategies that you’ll utilize on your journey toward financial independence.You learned how to finance buying a property and studied up on how to buy your first investment … Read more
Determining the appropriate rent for a property is a crucial skill for any real estate investor. Whether you’re analyzing a potential investment or preparing to market your property, understanding how to use rent comparables (comps) is essential.Rent comps are similar properties in the area that have recently been rented or are currently available for rent. … Read more
An attorney is an essential part of your real estate investing dream team, providing both legal protection and guidance throughout the entire process of buying, owning, and selling properties.What Do They Do?Your attorney will play a variety of roles, both during and after your purchase.Here’s what attorneys typically handle:When Do You Involve Them?You’ll likely need … Read more
Earnest money is a financial commitment you make to show the seller you’re serious about buying the property.It’s an amount of money you deposit when you go under contract, and it’s typically held by a neutral third party, like a title company, real estate agent, or attorney.The main purpose of earnest money is to demonstrate … Read more