These 2 Things Changed My Worldview of Single-Family Rentals
These two lessons changed my entire approach to rental properties and I'm generating more cash flow because of it.
Author
Eric Fernwood
Avoid My Mistakes: Single-Family Renovation Lessons I Learned the Hard Way
I want to share a few tips and lessons (some are costly) so you don’t repeat my mistakes.
Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details
In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall:…
Why Location Is the Most Important Investment Decision You Will Make
Location determines all the long-term characteristics of your rental income. So to achieve and maintain financial independence, the most important decision you will make is to choose a city where…
What I Learned From My First Investment Property—and How I Changed My Strategy
My first investment property was a C/D-class multifamily in Houston. I selected it primarily based on perceived cash flow. According to my calculations, the return on investment (ROI) was between 12%…
What I Learned From National Retailers to Decide What and Where to Invest—And How You Can Do It Too
In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes. As an…
More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex
Conventional wisdom suggests more units would equal more money, but the numbers don't always check out. Here's what the calculations look like.
After Several Years of Investing, These Are My Fundamentals for Generating Passive Income
A good investment strategy starts with clarifying your goals. For most investors, that means financial freedom, but a big part of getting there comes from passive income. These are the…
Goals Are Not Enough—You’ll Never Get Where You Want to Go Without This
Have you given up on your New Year's resolutions yet? Did you achieve your goals last year? Goals are not enough—you have to take action, too.
We’ve Had Vacancy Rates Below 2% for Over 15 Years—Here’s How We’ve Done It
The secret to reliable rental income isn't the property, the location, or the amount of money you put in. It's this, and it's a straightforward thing to get right.
Should You Sell or Hold? Here’s a Decision-Tree to Help You Decide
Making decisions on your properties can be the toughest thing you do, so we've made it much easier. Follow this guide to make the right decision!
How Many Properties Do You Need To Retire?
If retiring is a problem, then the best way to solve it is by buying more properties. How many do you need?
Low-Cost Properties Are Actually the Most Expensive
Low-cost properties are appealing because you can acquire and generate income with less initial capital. But they are actually the most expensive way to achieve and maintain financial freedom.
