No two investors think alike, and that’s okay because the diversity of mindsets is what makes the real estate industry progress. But to get ahead of the drive, knowing our own identity as an invest…
You heard a lot of reasons why not to be an active landlord when you first got into real estate investing. One of them was this: you'd never be able to take a vacation again. The truth is that you can get away for a weekend or even a week, as long as you prepare ahead of time.
A reliable source of passive income should be a part of any financial portfolio. At the top of the list for consideration should be a well-managed, cash flowing property which yields an acceptable rate of return.
So, you just bought a rental house or small multifamily property. Congratulations! Now what? Well, you need to probably fill that vacant unit with a nice family who is going to pay top dollar on ti…
Choosing the best manager for your property can promote your real estate investment or even break it. You find managers in all parts of the market and it is important to tell the good apart from the bad.
When doing renovations, people rarely think about long-term resale value. Most families just want a really nice place to live and they work to create their forever home. However, life can be unpredictable. So while it is joyful to make a dream home, those dreams need to be balanced with an understanding of whether or not those granite countertops or that second story are good investments in the long run.
Letting provides a regular guaranteed rental income and benefit from any rise in property any rise in property value….
Currently, this is one of the better ways of investing money but the main drawback is that it requires a lot of liquid cash but the returns are better than other investments. Before investing in real estate check out all of the loopholes before you invest. It is more than just living on a piece of land. Investing in real estate offers plenty of lucrative opportunities but it can be more complicated than dealing in bonds and stocks. Here are some ways you can invest in real estate.
It was a cold and rainy day when I walked into the apartment. The door was unlocked and ajar. And while I shouted “hellloooo” through the crack, I already knew no one was at home. My te…
There are times when you are looking for a new home, yet need to rent out your existing home.Perhaps you have already purchased your new home and haven't yet sold your old one? Rental income would definitely help in this situation.Who doesn't need extra monthly cash flow? Right?
Investing in real estate can absolutely be a benefit to your financial portfolio, but it is not a commitment to make without careful research and the right knowledge. If you’re considering entering…
Property managers provide a plethora of services for landlords, including helping them keep up with the daily essentials of building management that encourages a profit turnover. Renting out space …
Landing a good resident is easy- if you know how to do it. There are many tips and tricks you can use to make sure that you get quality residents, all year round. A bad resident could not only redu…
Owning rental properties isn’t almost as glamorous as some people might think and doesn’t provide the almost immediate profits that flipping homes may however it truly is a wonderful an…
Buying a real estate property, repairing and selling it quickly tends to be a profitable recipe. However, a key component of this recipe to success is access to capital. If one does not have sufficient funds but is interested in rehabbing a property, a hard money lender who offers a fix and flip loans could be a great financing option. These loans are structured in such a way that allow a purchaser to quickly acquire the property and have access to a reserve of funds for construction and renovation costs.
My, how things have changed – quickly! If you’re still investing, I’d love to hear how you’re adjusting and what you see for the future. I’ll start with some of the Co…
Before we get into the secret to picking good tenants, I want to cover the three basic ways to evaluate if a tenant is going to be a good fit for your property. First off, you have to get rid of th…
Being a landlord can be challenging, but it can also be very rewarding. Landlords can earn a lot of money, or they can spend a ton of money on legal fees and lose more than they make. You can self-manage your rentals or outsource it and be hands-off.
How might this pandemic, affect the real estate market, in the period, following the reopening of our economy? Will sellers, expect less, and change their expectations, in terms of price, etc? How …
Of course, there is no “right answer” to this question. A lot of it depends on what your goals are. Are you looking to grow a large company and be a full-time real estate investor? In that case, it probably makes more sense to manage yourself.
It’s the middle of the night and your phone rings. You wake up in a panic, wondering what tragedy has happened. Then you hear a distraught tenant on the other end of the line saying that the toilet is clogged, or the AC has stopped working.
If you’re new to real estate investing, there is no doubt that you may be overwhelmed by the various terms and restrictions out there that impact you. When in doubt, it’s always helpful to get a pr…
Property Management is a career profession. The industry allows for employment growth, continual learning experiences, and the opportunity to work with diverse people and income groups. The Property Manager can work either directly for an owner of real estate properties, or for a property management company, contracted by an owner or legal entity to care for the real estate over a specific period of time.
You're about to take the plunge and buy your first investment property. Should you buy something that you can live in, something you can develop and sell on, or should you buy a designated rental property? If you are going to choose the last option then you need to do your homework first.
Very, VERY NICE NEW EVERYTHING!!!- Rented $750 A Month! Price: $72,500 (SOLD), 4 Beds, 1 Baths, Single Family
People purchase, and own, multi – family houses, for a variety of reasons. Some, do so, because, they feel, it is a more affordable way, to enjoy the advantages of home ownership, because the…
A self directed Roth IRA invested in real estate could be the answer for those of you that are tired of losing money in stocks or earning less than the inflation rate for bonds and CDs. When purchasing real estate in your IRA, there are some rules that you must follow, but they are relatively simple. Here's a look at the rules and a little advice about the housing market.
While real estate can be a lucrative investment, managing tenants, repairs, and related issues can be challenging. This is especially true for owners who live in another location or have full-time …
As a property owner, your goal is for your properties to give you profits at the end of each month. It is your responsibility to ensure that your tenants are getting the best services as per the tenancy agreement.
There are several advantages to rental property investments to increase your income over other investment vehicles. You can still grow your money by other means even with unfavorable market conditi…
Personal growth depends on not only physical exercise, but on mental exercise too. 20 books for 2020. Here are my choices, sorted by themes..
In the current economic climate it is more important than ever to not only work hard but have your money work hard for you. These days just about everyone puts in a lot of hours at their place of e…
Investment property management is one thing that most people know almost nothing about. Most people who have to hire a property management firm for the first time are clueless about what these companies actually do.
Many of us, consider, whether purchasing a multi-family, rental property, is a good fit, in terms of being, a component of one’s investment strategy, and process. Like anything else, a wise c…
The first step of the process is to ask yourself the following: Why do I want to wholesale property? What is it that I want and need? If you cannot clearly define these things, then stop. Also, your answer cannot be, “I want to make money.” Of course you do, but you want to use the money for what purpose? You have to have a reason.
Many individuals understand the importance of including real estate, as part of their overall investment portfolio. Done wisely, this idea makes a lot of sense, because, historically, real estate g…
There’s no such thing as landlord school. Most landlords just do a little reading online and dive right in. Which is fine – but it also means many new landlords are ill-prepared for the work of being a successful landlord.
Owning your own property is very important these days because the world's population is rising at a fast pace and more and more land is demanded to patch up that population. The amount of land is depleting day by day, thus imposing a price rise of properties.
Most of us, have heard, the expression, A house, is not, a home, but, we often, pay far too little attention, to that, before we commit to purchasing a particular house. Wouldn't it make sense, if, we spent, a little more time, and effort, considering, what would make us, consider it, to be, a HOME, and what emotional, family, and personal considerations, and necessities, might differentiate between, simply living in some house, and truly, making it, a home, of our own? With that in mind, this article will attempt to briefly, review, consider, and discuss, using the mnemonic approach, some of the key components, involved, etc.
Many potential real estate investors come to us asking a lot of questions about what to do and where. Where’s the “best” place to buy real estate? What’s the “bestR…
According to the Economic Times, "affordable housing" refers to housing options within the budget of those whose income is below the median household income of a particular area.
Rental property can generate monthly income while building equity and appreciated value over time. Get-rich-quick success is rare in real estate investing, but rental property can be a sound invest…
Real estate means the property consisting of land or buildings which also includes the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and mi…
As a professional rental management company, one of the more common questions we get asked from investment property owners is whether to rent their apartment, condo or townhouse as a furnished or u…
Processing rent checks manually is both time-consuming and costly. It usually takes about five minutes and $2-3 per check. If you are expecting 500 checks monthly, this could take almost 42 hours a…
Passive Real Estate Investing: Turnkey Rental Property Investment, Crowdfunding, REITs Investments.
Whether you’re buying a turn-key rental property, plan to fix and flip, or otherwise, choosing a high demand location is almost always a good choice. Here, we will discuss 6 things you should do prior to buying real estate.
Managing rental properties can be a tedious process sometimes landing you into legal issues. As a property manager or owner, you should think about preventing problems even before they occur to have an easier time maintaining order.
Before purchasing an investment property for rental purposes it’s always a good idea to calculate whether it will be cash flow positive or cash flow negative. That is, will the property gener…
There is no way that you can be sure that your tenants are going to take good care of your property. For this reason we have compiled a few tips that can be extremely helpful to you for making sure…
