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How to Turn Your House or Condo into a Rental Property

How to Turn Your House or Condo into a Rental Property

Many first-time landlords begin their careers in the real estate industry by transforming their homes into rental property. Perhaps you’re looking for an avenue to build wealth or you’re moving but not quite ready to let go of your abode. Whatever the reason, it’s important to know that there are some things you need to […]

How to Buy Rental Properties When You’re Broke

How to Buy Rental Properties When You’re Broke

Q: How do I get into flipping or buying income properties without money? D’Lux Real Estate gives you three ways to get the down payment to purchase a property to rent: 1. Loan or withdrawal of your retirement savings  Most of the time, a withdrawal from a 401(k), Roth IRA, or life insurance comes with […]

9 Steps to Take Before Buying Your First Home

9 Steps to Take Before Buying Your First Home

Are you planning the purchase of your first home? Buying a house is a major decision because the house will soon become one of your main financial assets. Plus, you’ll be making mortgage payments for at least ten years. Take these steps before you buy: Ask yourself if you’re financially stable. Have you had your […]

Basic Tips for Beginners Investing in Real Estate

Basic Tips for Beginners Investing in Real Estate

Investing in real estate can be a challenging process for beginners. However, there are basic tips that make it easier. Real estate is a major investment, so ensure you approach it with care and consideration. Following these tips will help you get started. Which Investment Method is Right for You? Most real estate investors choose […]

Luxury Home Sales Surge During Pandemic

Luxury Home Sales Surge During Pandemic

By Prashant Gopal Bloomberg News Demand for luxury homes is soaring, underscoring how the pandemic has intensified wealth disparities in the U.S. High-end sales jumped 42% in the third quarter from a year earlier, according to a report from brokerage Redfin. That’s the largest jump dating to 2013. Sales of midpriced homes climbed just 3%, […]

Your home mortgage or rent payment during the COVID-19 pandemic

Your home mortgage or rent payment during the COVID-19 pandemic

D’Lux Real Estate Services has decided to explain some important information to avoid “victims” in today’s turmoil (this is in the United States of America only). Mortgages Read your mortgage documents, focus on the interest payments, foreclosure moratorium and right to forbearance. Then read the CARES Act for its “aid relief” and “economic security.” This […]

Pay high taxes where you are? Florida is ‘tax haven’ for luxury real estate

Pay high taxes where you are? Florida is ‘tax haven’ for luxury real estate

Article originally published in Media Group Lifestyle, by Randy Gilbert, JD. Used with Permission. I always heard other states pay more taxes than Floridians, but I had no idea how much?!?  State and Local Tax (SALT) deductions allow taxpayers of high-tax states to deduct local tax payments (e.g. property, income, and sales taxes) from their income […]

Q&A: Land for Development

Q&A: Land for Development

LAND: WHERE IT ALL BEGINS We conclude our interview series with D’Lux Real Estate Services, talking with Jacqueline Danzer about the basis of all real estate: Land. NN: Jacqueline, We were talking about how do you find the Land for Development and I couldn’t resist extending my curiosity with the realtor’s commission. Now I have […]

Q&A: Let’s Talk Commission

Q&A: Let’s Talk Commission

WHO PAYS THE COMMISSION? How are the financial arrangements configured between you and a real estate professional? Especially when you have different types of property or are the buyer or seller? Read more to find out. NN: Jacqueline, we were talking about listing agreements and commission, who pays the commission? J: All real estate commissions are […]