My company buys and sells 5-10 homes monthly. We typically create 3 paydays per deal and don’t use our own cash. But recently, we took a chance and did something a bit outside the norm, buying on terms in an area where terms aren’t really prevalent. It turned out to be a great deal structure! Here’s how it happened.
We’ve been hearing about it ad nauseum: a recession is on the horizon. Concerned with the potential of a market crash? There are multiple techniques for protecting your money and taking advantage of the current climate in preparation for the storm ahead. Here are six recommendations.
There really isn’t anything profound to say. This is not a complex or difficult problem to solve on paper. It’s simple: you’re broke because of your poor financial decisions. You need to change your behavior to fix that, which is what makes this situation so difficult—but also entirely possible.
It’s easy to get caught up in the “what ifs” when it comes to real estate. It’s a healthy mindset to have. There are a lot of considerations. But if you find yourself failing to act and stuck in a vicious cycle of thinking about this and that and crunching numbers, here’s how to hack your way out of analysis paralysis.
Your tenants do not read minds—and they certainly won’t read that lease! Avoid the oblivious tenant by making sure your renter knows what they’re signing.
Do you want to take advantage of all the tax savings that are available to real estate investors under the new tax reform? As a tax advisor by day and real estate investor by night, I’m here to share eight tax strategies you must know for 2019.