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                                           The Ultimate Must-Read Guide for Anyone Thinking of Purchasing a Home in the Omaha & Offutt Air Force Base Metro Area!This quick, easy-to-read guide will navigate you through the home buying process from mapping out the journey all the way to your destination with the white picket fence. You’ll not only discover answers to questions you don’t even know to ask yet, you’ll also learn insider tips and information to help you get the home you want for the best possible pricing and terms.You’ll learn everything from creative ways to “win” a house if you’re caught in a multiple offer situation (i.e., “bidding war�


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Anthony Lee is a licensed realtor in PA under the “Good Neighbor Real Estate Group". He rejoins The Source as a apart of a new real estate segment! On this segment, Anthony will come on the show once a month to talk about building generational wealth through home ownership. On this episode, Anthony talks about what first time homebuyers should know before buying their first home.

The Source w/ Andrea Lawful-Sanders | Anthony Lee - 9.12.23

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Unlocking Wealth: 15 Ways to Make Money from Owning a Home

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Are you looking to maximize the potential of your property investment? Owning a home can be a lucrative financial endeavor, offering various avenues to generate income or access funds. Whether you're a homeowner, investor, or looking to enter the real estate market, here are 15 ways to make money from owning a home:

1. Traditional Sale: One of the most common methods is selling your home at a profit. By monitoring the real estate market and timing your sale strategically, you can earn a substantial return on your investment.

2. Fix and Flip: For the DIY enthusiast or investor, purchasing homes that need renovation, improving them, and then selling for a higher price is a popular strategy. This method can generate quick profits with the right skills and resources.

3. Rental Income: Renting your property to long-term tenants can provide a steady stream of income. Ensure your rental agreement aligns with local regulations and property management is efficient.

4. Airbnb or Short-Term Rentals: If your property is located in a tourist-friendly area, you can capitalize on the short-term rental market. Platforms like Airbnb make it easier than ever to attract travelers and generate income.

5. Room Rentals: If you have extra space, consider renting out individual rooms to tenants. This can be a viable option for homeowners looking for consistent income without committing to long-term leases.

6. Home Equity Loan or Second Mortgage: Tap into your home's equity by taking out a home equity loan or a second mortgage. These options allow you to access cash for investments, home improvements, or other financial needs.

7. Owner Financing: Sell your property using an owner financing agreement. This flexible option can attract buyers who can't secure traditional mortgages, providing you with regular payments and interest income.

8. Home Office or Business: Transform part of your home into a home office or space for a small business. You can generate income while benefiting from potential tax deductions.

9. Solar Panels or Energy Savings: Invest in energy-efficient upgrades like solar panels. Not only can you reduce your own energy bills, but you may also qualify for incentives or sell excess energy back to the grid.

10. Storage Rental: If you have extra space, such as a basement or garage, consider renting it as storage. Many people are willing to pay for secure storage options, especially in urban areas.

11. Real Estate Crowdfunding: Invest in real estate crowdfunding platforms that allow you to pool resources with others to purchase properties. This can provide a share of rental income or profits from property appreciation.

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15 Ways To Make Money From Owning A Home

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WURD Radio is the only African-American owned and operated talk radio station in Pennsylvania, and one of few in the country. Taking a multimedia approach – on-air, online and in the community – WURD is widely recognized as the pulse of the African-American community locally, regionally, and nationally. From mayoral races to presidential elections, from the street corner to the corner suite, WURD has tackled the hard issues as an influential, respected and powerful voice in the marketplace.

Nevada Real Estate Radio™ airs Thursdays, 3pm PST on 93.7 FM in Northern Nevada.  Here on Soundcloud you find many of our previous shows. Learn more about our passion and team at www.NevadaRealEstateRadio.com 
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