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Showing posts from November, 2023

Real Estate Investor Pro Tip - Mineral Rights

Grant Trevithick Carrollton Real Estate Investor here with another pro tip. When it comes to purchasing land it is always important to understand the mineral rights for that property. Today I would like to go over a few things you should know. It is important to note that once mineral rights have been detached from surface rights, nothing changes. To purchase land, it is imperative to make diligent research, including rights before arriving at any consequential decisions. This will prevent any form of unsavory surprises. There are instances when individuals, seeking to buy both mineral and surface rights, eventually discover that the mineral rights have been sold to a third party. You can check mortgage paperwork to figure out the kind of rights you hold. Things to put into consideration when purchasing a piece of land without mineral rights are introduced as follows: 1. Remember that mineral rights can also be bought, leased, or sold This is an important consideration that must not be...

Mastering Real Estate Wealth: A Guide to Harnessing the Power of Owner Financing

  Howdy, fellow real estate enthusiasts! I'm Grant Trevithick, your go-to real estate investing professional proudly navigating the exciting landscape of Texas real estate. Today, I'm thrilled to share insights on a strategy that has been a game-changer for many savvy investors – owner financing. Buckle up as we explore the ropes of this strategy and why it might just be the key to unlocking your real estate investment success. Understanding Owner Financing Owner financing, also known as seller financing or seller carryback, is a transaction in which the property seller acts as the lender, providing financing directly to the buyer. This alternative financing method offers a unique set of advantages that can empower investors to seize opportunities and build a robust portfolio. 1. Building Trust and Establishing Relationships One of the first steps in implementing owner financing is building a solid foundation of trust and rapport with the property seller. Open communication and...

Tips to improving your homes value

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  Grant Trevithick Carrollton real estate investor here with another pro tip. Today we are going to be talking about some of the top cost-effective home improvements that you can make that will add value to the price of your home. Remodel Your Kitchen Buyers look most carefully at kitchens and bathrooms, so you should, too. You can recoup 82 percent of a minor kitchen remodel and 74 percent of a major kitchen remodel. If you’re selling soon, don’t overspend on your kitchen. You may be able to do a couple of relatively minor fixes, such as replacing the appliances and painting the cabinets, or just replacing the counters with granite to garner a good offer. Update Your Bathroom While a full, upscale bathroom remodel project can cost over $50,000, but you can make cost-effective minor upgrades. Get a 73 percent return on your investment with these bathroom upgrades: Replace your fixtures and your mirror, repaint the space and jazz it up with some crown molding (depending on your home...