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Archive of Lisa Phillips

Lisa Phillips is the first video blogger that exclusively advises everyday investors on how to cash in on working class neighborhoods for higher profits with sensible investing strategies. You can visit her Google + Page Here!

Lisa has written 12 articles for The BiggerPockets Blog.


Real Estate

Handle With Kids’ Gloves: An Insider’s Tip for Dealing With Your HOA

by Lisa Phillips March 4, 2014
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Home Owner Associations are the bane of most homeowners, let alone real estate investors, existence. They are created as an entity with a community elected board that mainly consists of a President, Treasurer, and Secretary that can last 1-3 years. Their purpose is to maintain the community facilities and govern and enforce the rules of […]

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Real Estate Investing

The “Coziness” Factor: 5 Key Property Improvements to Rent Your Vacant Units Faster

by Lisa Phillips February 23, 2014
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When investing in buy and hold rentals, the general thought is to splurge on upgrades for higher-end rentals, and not splurge on lower-end rentals because the “returns” are not so great. However, today I want to explain that there are “softer returns” when investing in a lower end price range that are just as valuable […]

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Real Estate Deal Analysis & Advice

How to Find Great Working Class Neighborhoods to Invest In Using The “Leveraged Analysis Technique”

by Lisa Phillips February 16, 2014
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Today I would like to share with the BiggerPockets audience a systematic technique I use to vet low priced/high cash flowing neighborhoods: The Leveraged Analysis Technique. This process leverages the available resources so we can find safe Working Class Neighborhoods (WCNs), as well as cut our search time in half by not wading through duds. […]

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Real Estate

Why Do Haters Hate?

by Lisa Phillips February 9, 2014
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Are working class neighborhoods bad investments? I just want to address why those in the real estate investing world have such a negative view of working class neighborhoods and cheap properties. I really feel it stems from two places: They have an old-school way of thinking about these neighborhoods that does not incorporate the new […]

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Real Estate

What Needs To Be Said About Appreciation

by Lisa Phillips February 2, 2014
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Since I am on the ground in working class neighborhoods, I always try to find out the story of how the neighborhood became so distressed with low prices.  I always find out that these houses used to be in great neighborhoods 20, 30, 40 years ago – but when the jobs left, the neighborhoods began […]

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Real Estate

What A “Working Class Neighborhood” Is … and Isn’t

by Lisa Phillips January 19, 2014
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When discussing different real estate investing strategies, there is a lot of negativity surrounding the strategy I invest in – low income investing. The numbers may look great, but the negativity causes a lot of new investors to shy away. So what should a new investor believe? I feel one of the greatest opportunities for […]

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Real Estate

A Year To Do A Rental Property Renovation? Sometimes….

by Lisa Phillips January 12, 2014
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Hi, here’s a little story about a year long odyssey of my year long renovation of my second rental property. I paid 13k for a row home in Baltimore, MD and it took me a year to complete the renovation and get a tenant in. I’ll share why this took so long, and why that […]

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Real Estate

Check Your Emotions At The Door, Newbies!

by Lisa Phillips January 5, 2014
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As a beginning real estate investor, and even now, I realize the WORST mistakes that I suffered through occurred because of emotion-based decisions. I’m an emotional temperament, which means I can get caught up in the fervor more so than most. However, as I learn from my previous mistakes and lessons, I see that even […]

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Rental Properties

Learning the Hard Way: Why You Should Invest In Landlord Friendly States

by Lisa Phillips December 29, 2013
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As a newer investor, there is advice given by more experienced investors that we have to learn the hard way. One of those truisms is to “invest in landlord friendly states.” However, what can be missing for a new investor are the bruises earned for not listening? This is my own personal view of the […]

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Real Estate

Why ‘Don’t Buy In THAT Neighborhood’ is STUPID Advice!

by Lisa Phillips December 22, 2013
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As a beginning real estate investor, we’ve all looked started looking at properties, and most of us come to a point where we start seeing houses in a very low price range. We ask people who have invested real estate, “what about these cheap houses in this neighborhood?”, and you’re immediate response can often be […]

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Real Estate

Tips On Investing In Real Estate in The Inner City

by Lisa Phillips December 15, 2013
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When Googling tips for investing in the inner city, you get more horror stories from investors who were unsuccessful, rather than solid tips on how to profit without losing it all. Today, Al Williamson and I will share practical tips on navigating this investment strategy successfully, and when taking into account no nonsense tenant screening […]

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Starting Out

The Truth About Cheap Properties and War Zones (Hint… It’s Not What You Think!)

by Lisa Phillips December 8, 2013
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There are a quite a few investors who brave the perils of buying and holding properties for basement prices, all in the name of real estate investing and consistent $400+ cash flows. These areas can range from quaint working class areas to working class row homes in the inner-city. Most can be seen from foreclosures […]

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