Blog | Page 2 | Kris Buys Houses

4 Things to Know About Investing in Real Estate With Friends in Fredericksburg

April 26, 2023

Investing in real estate with friends can work out well when your work ethics and personalities are well-matched. If there’s no one close to you that quite fits the bill, networking at events for local real estate investors can help you increase your local market knowledge and build relationships that can evolve into successful partnerships. … Continued

3 Things to do Before Buying Your First Investment Property in Fredericksburg

April 19, 2023

By angstadt1

Real estate is an asset class that allows nearly anyone to create steady income streams and build a portfolio that provides a healthy investment return. Whether you imagine yourself as a landlord with one property to manage or a real estate mogul with vast holdings, buying an investment property is an overwhelming proposition when you … Continued

4 Things to do if You Are Upside-Down on Your Mortgage in VA

March 30, 2023

By angstadt1

Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dropped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround … Continued

How to Sell Your House in Fredericksburg if You Owe More Than It’s Worth

March 23, 2023

By angstadt1

Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued

3 Ways to Simplify the Selling Process: A Guide for Fredericksburg Homeowners

March 19, 2023

By angstadt1

Deciding to sell is the first in a long series of decisions ahead when you’re a homeowner. Selling is expensive, time-consuming, and stressful, and if you’re aware of issues with the property or find yourself under time or financial constraints, the stress level can be immense. If you’re a Fredericksburg homeowner and want to learn … Continued

Is Your Fredericksburg Mortgage Underwater? Here’s What to Do About It

March 16, 2023

By angstadt1

When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued

3 Secrets From Real Estate Investors to Help You Sell Your Property Fast in Fredericksburg

March 12, 2023

By angstadt1

You aren’t alone if you are interested in a quick property sale. Perhaps you have a pressing business or personal matters that forced you to move before you sold, which can be doubly costly to wait out, or you have no interest or perhaps don’t have the ability to put in the work, time, and … Continued

How to Sell a House With No Equity in Fredericksburg

March 9, 2023

By angstadt1

Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Fredericksburg. Short Sale After attaining the approval of their lender to sell for … Continued

5 Surprising Things That Are Keeping Your House From Selling in Fredericksburg

March 5, 2023

By angstadt1

Suppose you believe you’ve taken every step necessary to market your home to bring the highest possible returns on the sale. In that case, you may need to take another look at your house from the perspective of an unemotionally involved buyer. It can be costly not to review these potential deal breakers waiting just … Continued

What You Need to Know About Selling Your House in Fredericksburg When You Have Roommates

February 26, 2023

By angstadt1

You may be wondering what additional steps you may need to take if you decide to sell your house but have roommates. Roommates do have rights. As with all legal matters, naturally, it’s best to understand them before your roommate is in place, but as life has a way of changing our financial and personal … Continued

3 Signs You Need to Hire a Property Management Company for Your Fredericksburg Investment Property

October 31, 2022

By angstadt1

Real estate investments offer an opportunity to nearly anyone to create wealth and secure passive income for their retirement. And, as housing rates increase, more and more younger people are renting for more extended periods, more than a third of the country rents their homes, and of those, most are under 45 and have attended … Continued

4 Strategies for Handling Tenant Disputes as a Landlord in Fredericksburg

October 24, 2022

By angstadt1

The system you use to screen potential tenants you will place in the property is as essential as finding the right location when investing in real estate to help you avoid the most difficult tenants. You should systematically investigate their background and financial and rental history and follow up with all references. It’s worth the … Continued

3 Simple Ways to Maximize the Income from Your Fredericksburg Investment Property

October 17, 2022

By angstadt1

Why didn’t anyone tell me? It’s frustrating to learn that you could have been making more profit from your investment dollar by taking a few simple steps to improve your property. With a focus on the more home-based lifestyle of the day, you may want to consider updating to the most current technology as an … Continued

5 Ways to Expand Your Fredericksburg Real Estate Portfolio

October 10, 2022

By angstadt1

Diversifying by providing income streams from multiple asset types, such as stocks, bonds, precious metals and from multiple sectors within the Fredericksburg real estate market helps to ensure security against any sector’s downturns. Because time works in your favor when you invest in real estate, the sooner you begin, the greater the wealth. Rental rates … Continued

5 Costs To Expect With A Traditional Sale of Your Fredericksburg House

July 25, 2022

By angstadt1

If you want to make an educated decision about which sales method is best for your home and your situation, it’s best to compare all of your options. So read on as we explore five costs you can expect with a traditional sale of your Fredericksburg house. Prepping You should expect to spend around one … Continued