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Real Estate

Real Estate vs Car Sales: A Salesman’s Dilemma

Reading Time: 5 minutes As a salesman, there’s always the real estate vs car sales debate to keep you guessing which one is a better fit for someone like yourself. Real estate and car sales offer unique income, career advancement, and job satisfaction opportunities. But both industries are quite different, and the path best for you depends on several …

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Multi-Level Marketing MLM in Real Estate: The Pros, Cons, and Risks

Reading Time: 5 minutes Multi-Level Marketing MLM in real estate is gaining a lot of popularity. MLM is a marketing strategy commonly used in various industries, including the real estate industry. In MLM, participants earn money not only from their own sales but also from the sales made by the people they recruit.  The income is generated through a …

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How to Build A Real Estate Empire on a Budget

Reading Time: 4 minutes There are many ways to build a real estate empire on a budget. The wonderful thing about real estate is that numerous investment opportunities exist to achieve your goal. These range from owning condos for rental to flipping properties. While the opportunities are there, the way you approach them makes all the difference. And truth …

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Is Owning Condos for Rentals a Smart Investment? Benefits And Challenges

Reading Time: 3 minutes Owning a condo for rental purposes can be a smart investment opportunity. However, investors must be willing to put in the time and effort to manage their property. If so, condos for rentals are an excellent way to diversify your real estate portfolio.  One of the reasons why many choose to own condos for rentals …

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Double Net Lease Explained

Reading Time: 2 minutes A Double Net Lease or NN Lease is the most commonly used lease in commercial real estate. It is also the most favorable lease to the property owner. Types of Leases In a double net lease, the tenant is responsible for paying taxes, rent, and insurance costs. All of these costs are paid directly to …

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What Does COE Mean In Real Estate?

Reading Time: 3 minutes COE or “close of escrow” means that both parties – buyer and seller – have fulfilled conditions in the homebuying contract and are ready to move the sale forward. Close of escrow implies that all the closing documents and associated paperwork are signed, and the homebuyer is ready to move into their new home.  COE …

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How Does A Gross Lease Work?

Reading Time: 2 minutes A gross lease represents a contract between a property owner and a tenant. This contract gives the tenant complete use of the property in a before set period of time. In return, the property owner gets a fixed amount of money on a previously set basis, according to the contract, this payment could be weekly, …

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Understanding Triple Net Lease In Commercial Real Estate

Reading Time: 2 minutes This guide will explain the triple net lease type of commercial real estate.  A triple net lease is a typical real estate net lease agreement. The most distinct characteristic of this type of lease agreement is that the tenant pays all the property expenses on top of rent.  Triple net leases (NNN) differ from single …

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