10 Best Questions to Ask Prospective Property Management Firms
Sunday, January 21
Why hire a property manager (PM) for your rental? Because doing it all yourself is the surest way to make your real estate investment experience a bitter one. Also, with the right PM in place, you’ll have more time to find your next deal and grow your rental property portfolio while you PM takes ...
Can People Really Buy Properties for No Money Down?
Sunday, January 14
Are you thinking of investing in real estate but you do not have enough cash to do so? Here is a tip you can use as long as the property seller is willing to negotiate with you. To be fair, not every seller will be interested (or even understand) the concept outlined. Your best bet is to find a...
Selling vs. Refinancing
Monday, January 08
You own a rental property for years, and never see the “big payoff.” Is it time to cash in on your investment, now that you’ve paid down the mortgage, and values are up? Maybe not.The Problem With SellingSelling means you’ll have to pay a large capital gains tax. This can be avoided if you reinve...
Where Real Estate Investing and Speculation Collide
Monday, January 01
Some uninformed folks would describe someone who rehabs distressed property as a “speculator” or even a “property speculator.” Don’t be fooled! There is a VAST CHASM of difference between rehabbing and property speculation.Let me explain. According to Dictionary.com, the definition of speculation...
Best Tips From Successful Real Estate Investors
Sunday, December 24
Becoming a Successful Real Estate Investor Becoming a successful real estate investor requires being able to find good real estate investment deals and put them together. Your job is not to become a closing attorney, a management expert, or a repair person. Use professionals!You must learn how to...
6 Common Mistakes to Avoid When Investing in Real Estate
Sunday, December 17
Many people see investing in real estate as a way to generate cash flow, build-up a nest egg and have tenants pay your mortgage for you. That is true but, like with anything, there are pros and cons and some mistakes to avoid if you want to succeed as an investor in real estate.1. Be Pre-Qualifie...