Tara Allyson Presta, a seasoned entrepreneur and business owner based in Newport Beach, California, brings extensive experience in property management and investment. As the former owner and operator of multiple businesses, including the Ramada Inn in Grand Junction, Colorado, and The Inn in Rock Springs, Wyoming, Ms. Presta has developed a keen understanding of real estate and asset management.
With a strong academic background in computer sciences, mathematics, and accounting, she combines analytical expertise with real-world business acumen to navigate the complexities of property investments. Her deep knowledge of the hospitality and real estate sectors positions her as a credible authority on multifamily property investments, helping investors maximize returns while mitigating risks.…
Continue readingOwning a home is not just a milestone in your personal life; it can also be a savvy financial move. Many new homeowners may not realize that homeownership comes with several tax benefits and opportunities for financial planning that can significantly impact their overall financial health.
Let’s explore the business side of homeownership and how you can maximize these advantages.
One of the most compelling reasons to invest in a home is the array of tax benefits that come with it. Here are a few key advantages:
Homeowners can deduct the interest paid on their mortgage, which can result in significant savings, especially during the early years of the loan when interest payments are at their highest.…
Continue readingInvesting in real estate is a time-tested strategy for building wealth. When done right, homeownership can serve as a robust business investment, offering multiple revenue streams and long-term financial benefits.
Whether you’re considering buying your first property or expanding your portfolio, understanding the strategic advantages of homeownership is crucial.
Owning property comes with significant financial perks. First, there’s the potential for property appreciation. Over time, real estate values generally increase, providing homeowners with substantial returns on their investment. Additionally, mortgage payments can act as a form of forced savings, gradually building equity that can be tapped into later for other investments or retirement.…
Continue readingPicture this: there are pockets in Florida where investment returns are skyrocketing, home prices are on the rise, and monthly rents are climbing steadily. After enduring a couple of challenging years, the real estate market is now displaying promising signs of recovery.
Source: Unsplash
So, what’s fueling this upward trend? Two key factors have propelled rental yields in many areas of Florida. Firstly, property prices are surging, and secondly, renting apartments has become a lucrative endeavor, boasting annual returns of 4-7%. These price adjustments have triggered a surge in demand for rental properties, particularly in areas renowned for their high yields, attracting tenants with substantial purchasing power.…
Continue readingAlso known as a debt service coverage ratio loan, a DSCR loan uses a formula created by portfolio lenders to measure a rental property’s income, versus the proposed costs of the loan being offered. These loans are then kept in a lender’s portfolio, rather than in a bundle that involves them being sold off, as you would typically see with conventional lending and loaning services.
A DSCR loan measures a property’s income via DSCR instead of using a borrower’s personal income to make the calculations. Here’s where the many benefits of using rental property calculators come to the surface.
Many companies using debt-service coverage ratio loans have seen great success in the last decade.…
Continue readingReal estate has long been considered a reliable and profitable asset class. From rental income to property appreciation, there are various ways to generate income and grow your wealth through real estate investments.
This article will cover several methods to invest in real estate, including direct property ownership, real estate investment trusts (REITs), crowdfunding, and more.
One of the most traditional ways to invest in real estate is through direct property ownership. This method involves purchasing a property, such as a residential or commercial building, and generating income through rent, leasing, or property appreciation. Just to give you context, the average housing sales price of a home in the US was $535,800 in Q4 20221.…
Continue readingThe real estate market is constantly changing. What worked ten years ago probably won’t work today, and what works today probably won’t work ten years from now. As the market continues to evolve, home buyers must be prepared for the changes that come along with it. Dennis Crimmins, Alamogordo resident, shares some things that home buyers should consider as they prepare for changes in the real estate market in 2023.
The real estate market moves quickly, and if you’re not ready to act when an opportunity arises, you could miss out on your dream home or excellent investment property.…
Continue readingDubai is famous for many things: excellent conditions for the activities of foreign entrepreneurs, great opportunities for recreation and entertainment, a high standard of living, an ever-expanding job market, etc. But for many, Dubai represents the ideal real estate market. Construction here does not stop even for a minute.
photo credit: Jason Mrachina / Flickr
Every year, new and new properties are added to the already existing magnificent buildings that amaze with luxury, the use of the latest materials and technologies, and the convenience of planning. Although, some may consider villas prices in Palm Jumeirah, Downtown and other areas of the city quite expensive, others understand that this is a highly profitable investment that is able to bring its owner a high ROI.…
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