Probate (in layman’s terms)- is the legal process of distributing assets of a deceased person(s) to the rightful inheritors or beneficiaries. You may have heard the term ‘probate’ in the past without knowing its meaning, or maybe you find yourself currently in the probate legal process; either way 2nd Wind Properties is here to help you with your probate real …
Here are the 12 steps to becoming a landlord: 1. Buy an investment property Before purchasing an investment property or renting out one you already own, make sure it has the potential to produce positive cash flow in current market conditions. Here are some things to look for in an ideal rental property: It’s within your financial budget. It’s in …
Why Real Estate Returns Will Outpace The Stock Market Over The Next Five Years. (Opinion) Since the record breaking covid stimulus package has hit the American public the economy has exploded with stock market rally’s happening left and right. Some economist have speculated this may cause overheating of the market but as of now investors are reaping the benefits of …
Buying a home is a huge commitment and expenditure, so it’s only natural to take the decisionwith a grain of salt. It can be especially challenging when you’re on the market for somethingvery specific like an accessible home. However, there are ways to make it a more manageableprocess and, by extension, an exciting experience for you (as it should be). …
Mortgages fall into danger of foreclosure for many reasons, including borrowers’ distressed finances. However, there’s a step before foreclosure that can prevent it from even occurring. Known as a “quick sale,” it’s the sale of a property that’s in its defaulted mortgage’s preforeclosure period. Peforeclosure is the time between mortgage default and foreclosure sale and is really a lender’s grace …
Between 2010 and 2012, Wall Street poured billions of dollars into real estate. In the wake of the housing crash and the Great Recession, institutional firms bought more than 200,000 homes. People reacted as if the concept of single-family homes as an asset was something revolutionary, but a Texas-based real estate investing firm and franchisor had been engaged in the …
Maybe the Mayans meant 2020 instead of 2012 when they made their end of the world predictions because this year has been a doozy… no need to elaborate. But one thing that has stayed steadfast throughout this turbulent time is the hard value of brick and mortar assets. Now more than ever people are realizing the innate value of shelter- …
Last month we reviewed what to expect in America’ s shutdown. Well, since then, a lot has happened and in my opinion, it gives us tremendous insight on forecasting he up coming Corona Virus Financial Crisis. We Ain’t Seen Nuthin’ Yet. For starters, take a look at the calendar below This is a snapshot from my notebook during the Power …
This pandemic is unlike anything we have experienced before, but that doesn’t mean we can’t apply what we already know. Major economic shifts mean major opportunities for those who are looking and keeping their heads above water. Keep your wits. A lot of people will be panicking. This is no doubt a serious issue, and we do not want to …
At 2nd Wind Properties we believe Real Estate is the best way for the average American to obtain financial security while seeing the greatest return on their monetary investments. This sentiment is backed up by 2018 data from the National Council of Real Estate Investment Fiduciaries (NCREIF), which states that private market commercial Real Estate returned an average of 9.85% over the …
