The cost approach is one of the three real estate valuation methods, the other two approaches being the income approach and the sales comparison approach.   You will need to

A lot less than you are probably thinking. Two of the biggest mistakes I see our students make are… Studying too many hours and becoming overwhelmed Not studying the right

The short answer? It depends. A felony can place a serious dent in your background. But don’t lose hope. Not all crimes make a person ineligible for obtaining a real estate license.

It never fails. At least once a month, one of my students will e-mail me asking how they can cheat on the real estate exam. They are often surprised when

Looks can be deceiving. This is the case when one has “color of title.” In this article, we’ll delve into the specifics and understand the meaning behind color of title,

As most of you know, the real estate exam is not easy. One of the questions we are often asked is… “What happens if you fail the real estate exam?”

While you are preparing for your real estate exam you may have come across the term, habendum clause. We have no doubt that you’re aware it’s an important part of the

Have you ever made a decision on behalf of a friend? Were you authorized to do so? More importantly, was your friend happy about your (unsolicited) act of authority? In

Getting ready for a career in real estate? Well, before you can become a certified real estate agent, you’ll have to pass the real estate exam first. Now, because the

An implied agency is an agency formed by the conduct of the principal and agent. Under Federal laws, an agent has the power to act on the behalf of the

The cash asset ratio reveals a lot about the financial situation of a business. As one of the three common ways to calculate liquidity, cash ratio is often used to

Whether you’re a landlord or a tenant, a writ of possession plays a SIGNIFICANT role in eviction proceedings. For example: When this writ is awarded to a landlord in court,

Are you a real estate investor looking for a property manager? Or are you still thinking about the pros and cons of having one? Property managers help landlords simplify the

Do you get confused with the legal jargon in a lease agreement? Not sure what sufferance tenancy entails? A rental agreement has a limited term. It’s specified in the contract

Passing the real estate license exam is one life-changing moment. Nothing compares to the happiness you feel once you have passed the test (our users tell us daily). Of course,

As a property owner, you might have come across the term “rent concession.” If you have a vacancy in one of your investment properties, this is something you might want

A saturated market is often bad news for any business. After all, too much competition is a problem when you’re trying to maximize profitability, right? BUT GOOD NEWS! There are

When you’re looking to buy or sell property, you will encounter different types of deeds to facilitate the transfer of estate. Bargain and sale deeds are often used when you’re

While traditional approaches to real estate investment, such as financing a property through conventional mortgages or private money lenders do work, sometimes they may not be sufficient for your situation.

For the most part, regardless of what it is, we want to use what we own as best as they are capable. The same goes for real estate property. Purchasing

Between a house with creaking floors and dilapidating walls and a house with pretty furniture and sturdy walls, which feels more like a home to you? In real estate, this

Real estate is all about sealing the deal. And when sealing a deal, you have to consider signing a lot of contracts. And simply put, going into these deals without

Looking for a home in the market and having difficulty figuring out your schedule? Or perhaps you’re selling a house and came across a particular email. Frankly speaking, these blind

As a landlord, you should be aware of legal issues you could potentially encounter regarding your land. One such problem involves unauthorized occupants or squatters. Since squatters rights can be

All is fair in love for business and war for transactions. And in real estate transactions, the goal is to reach a fair market value for all parties involved. Through

Choosing the perfect home for a single-family is one of the most exciting stages of adulthood. But despite the freedom that comes with being a property owner, it is also

Finding a home for a buyer and making their dreams come true is an absolute win for a real estate agent. However, real estate demands can be challenging, finding a

Your real estate exam will be tricky, and the laws around buying property can sometimes be confusing. Several terms and provisions in contracts need to be met, some of which

Real estate can be dizzying, but an alienation clause in your home mortgage contract is easy to define. Let’s get started. What Is an Alienation Clause?   You will find

Real Estate Vocab is by far the most important thing to focus on when you are studying for the real estate exam. It can get quite complicated with all the

Are you studying for your real estate exam or getting into other types of real estate and wondering what an executed contract is? We explain everything below! What Is an

How to become a real estate agent   A career in real estate is one of the best moves you can make if you are looking for freedom (financially and

How Much Is My House Worth?   Just how much is my house worth? I hear it all the time. Getting ready to sell your house (or just wanting to

How to Become a Property Manager Looking for a career change? You wouldn’t be alone. Throughout the country, moms and dads alike are finding that property management is an ever-appealing

Should I become a real estate agent?! It’s a question all of us real estate professionals have had at one point in our life. It normally happens when we are

Often times, people are overwhelmed with real estate terms such as “contracts”. But in reality, you are already very familiar with contracts and how they are used in every day

Real estate agents help create the bridge to helping you find your next home or sell your current one. More than just helping you buy and sell homes, there are

Real Estate Agent Job Description: Skills and Responsibilities Starting a career in real estate can be enticing, especially if you’re the type to pursue one that offers flexible working hours.