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Buying a Home You’ve Only Seen Online: What You Need to Know

Not only can you buy a house you’ve only seen online, as a real estate investor, you might prefer to do so, at least once you have a system in place. Buying homes online has actually been a strategy for people buying investment property for some time, particularly if said investment property is in an area not local to the investor. And with the coronavirus on the scene, more people have adopted the process as they have become used to doing business virtually, plus not physically going into homes addresses safety concerns.

Buying a home online can speed up the acquisition process, saving you time to plan your next investment opportunity. Here’s what you need to know.

Set parameters for searching

Determine the niche you want to market to for this investment property. This includes price range, home size, location, and any other parameters you deem important.

For example, your niche could be a three-bedroom, two-bathroom home under $200,000 located near a college or university so you can rent to students.

Note that although having some parameters is good to narrow down your market, having too many will make it harder to find the right deal. So limit your parameters to make it easier for yourself.

Check out the neighborhood — virtually

With online house shopping, you probably won’t be familiar with the neighborhoods. But you can find out all the information you’ll need — you guessed it — through online searches. You can get employment data from the Bureau of Labor Statistics, income ranges from Sperling’s Best Places, school ratings from Great Schools, and crime statistics from AreaVibes, all from the comfort of your own computer.

Learn to analyze the property

As with any investment property, whether you’re buying remotely or in person, you need to analyze it to

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The Kitchen Renovation Tips You’ve Been Looking For

Are you starting to get a little bored with your kitchen’s look? If so, it may be the right time to consider a kitchen remodel. There are thousands of kitchen remodeling options and ideas for every budget, but before getting the sledgehammer out and stripping that old wallpaper, it is best to review some helpful planning tips and tricks. This way, you are better-prepared for your upcoming kitchen remodeling project!

The First Step to Kitchen Remodeling

There could be hundreds of things wrong with your kitchen, all of which can be fixed with some effective planning. Take a look at your countertops, your electrical connections, your fuel supplies, appliances, floors, cabinets, and more. Make a detailed assessment regarding the condition of your kitchen, and from this, make a list of what you do and do not like about it. Be sure to write all of this down so that you can refer to it later. These are the first steps to considering a kitchen remodel!

Countertops, Appliances, Floors, and More

Stained or cracked countertops? Might be the perfect time for new ones. Old and outdated appliances? It’s a good investment to upgrade these with new ones. What about the floors? Are they in need of polishing or replacement? Another good investment. These are the ideas that should be running through your thoughts as you make this list of likes and dislikes.

Electrical Connections

Now, have another look at your kitchen’s electrical connections. If you cannot run one appliance while using another, this may be something that you want to change. You will need to change your kitchen’s fuel lines if the gas is not working, and repair the electrical connections for all other appliances.

Plumbing

You want to also consider your kitchen’s plumbing and pipe-works. Inspect for any leaks, loud …

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