First offer of the year
Monday, April 15
Well, I was recently viewing some properties. I had taken a little break from buying houses -- it's been almost 4 months to the day since I bought my last one. (Wait, why does that sound like something I would say at an AA meeting? :)I did find one I liked and after touring it a second time, I ...
What I look for when purchasing a rental
Friday, April 12
I just visited 3 properties this past weekend. I primarily look at 3 types of properties for sale:- Foreclosures- Short sales- Distressed sellersIn all cases, every house has issues and that's just how they come, so I want to make sure I know exactly what I'm getting into. This process is gener...
Interesting city violation
Thursday, April 11
In Milwaukee, the Department of Neighborhood Services (DNS) handles many things -- landlord training, code compliance, graffiti, vacant building registration, etc. Essentially anything that involves properties in neighborhoods that affect the community.They have an online system where you can "s...
Accounting for Real Estate Investors
Sunday, April 07
If you're a real estate investor, you need good "books". These can be done by you, or by your CPA, etc.It does help, however, to have at least a basic understanding of your own financials. Many people are not accountants or bookkeepers and have no idea about some of the financial terminology us...
Remember to be professional
Friday, April 05
As a real estate investor, I feel as though I need to present a professional image. One way to do that is through written communications. I need to communicate with tenants, my real estate agent(s), potential sellers, etc. Much communication is through written form.Even while texting, or email...
Landlord Boot Camp - Milwaukee
Thursday, April 04
The city of Milwaukee offers a free landlord training over a 2-day time period. Interested landlords can sign up here:http://city.milwaukee.gov/LandlordtrainingI attended in 2012 and found the program very informative and worth the time. They even threw in a free 100-page manual of information....