How to Hire and Manage a Property Manager for Your Rentals
As a long distance landlord there have been far too many days where I felt like the saying “You can’t live with them, but you can’t live without them” is…
Managing & Scaling
5 Strategies To Get Early And On-Time Rent Payments
A common problem for landlords is collecting on-time rent payments. Personally, I don’t mind late payments because I enjoy making the extra $50-100 per month but generally speaking you want…
The New Landlord Checklist
After years of doing rehabs, I’ve just purchased my first long-term rental property and put it on the market a few days ago… In preparation, I’ve spent a tremendous amount…
Tenants: Customers or Scum?
A couple of weeks ago there was a posting on the Bigger Pockets forum where the poster described their tenants as SCUM… (don’t go looking for that discussion, it has…
Storytelling is Powerful for your Real Estate Business
Tell me a fact and I’ll learn. Tell me a truth and I’ll believe. But tell me a story and it will live in my heart forever. -Unknown Did you…
Six Essential Items Every Real Estate Investor Should Keep in the Car
Maybe this seems like a silly topic to write about, but a couple missed opportunities over the past week made me realize that this is an important topic for new…
Is Your Realtor a GREAT Real Estate Agent?
There’s a BiggerPockets forum thread going on this week that addresses the issue of realtors, and whether they are worth their fee when selling your investment property. While I’m not…
How to Put Symbols in Craigslist Titles
For those of you who frequent Craigslist, I’m sure as your eyes have scoured the listings they were attracted to the ads that were in CAPS and the ads that…
To Yellow Letter or Not to Yellow Letter? A Marketing Primer
If you’ve been involved in real estate investing for any reasonable amount of time, you probably have heard about the yellow letter marketing technique. The Yellow Letter Explained Here’s a…
Are You Sure Your Independent Contractors Really Are?
As a real estate investor — and especially if you’re a house flipper — you will no-doubt be hiring a lot of independent contractors to support your business. And I’m…
Finding Your Accountant. How Can a CPA Help Your Real Estate Business?
I’m always a bit concerned when I read an email or a forum post by a new investor asking about how he should structure his business, how he should prepare…
6 Rules for Managing Your Contractors
In my opinion, the most difficult aspect of being a first-time house flipper is managing your contractors. Perhaps it’s because I came into this business with no construction experience, or…
Cold truth about the Winterization of REO Investment properties
Here in Victorville USA, fall and winter temperatures can drop below the freezing point. Because of this, it is customary to Winterize an unoccupied house for sale throughout fall, winter,…
