All Forum Posts by: Max Versteppen

Let's take a look at the seven steps you'll need to take to invest in rental property:

Determine where you want to invest. ...

Determine what you want to invest in. ...

Find potential rental properties to invest in. ...

Analyze the rental property and run the numbers. ...

Get financing (if needed) ...

Choose a tenant. ...

Manage the property.

Primarily, this consists of developed land with buildings, usually acquired by the federal government for a specific purpose, such as a military base or office building. This also includes some U.S. Forest Service properties, which usually consist of administrative sites and facilities. The General Services Administration (GSA) is the federal agency responsible for selling developed surplus property.

Essentially a negative cash flow property is when the income doesn't cover the expenses and you need to kick in some funds from your own pocket. Investors often purchase negative cash flow properties as the income isn't as important to them – it's capital growth they are after.

Most real estate agents fail in their first year, in large part because they simply don't believe that they can succeed. This lack of belief, and the high attrition rate that they see that reinforces it, leads them to stop doing the things they need to do to be successful.

The increasing volatility of the stock market, combined with still historically low-interest rates, has many investors seeking alternative avenues to provide a decent rate of return. One investment niche often overlooked is property tax liens. This unique opportunity can provide knowledgeable investors with excellent rates of return in some cases. Property liens can also carry substantial risk, which means novice buyers need to understand the rules and potential pitfalls that come with this type of asset. This article discusses tax liens, how you can invest in them, and what disadvantages come with this kind of investment vehicle.

Rent rolls are used by landlords and property managers in the daily management of the investment property. The rent roll can be used to analyze the anticipated rental income, the actual rental income collected, and if there is room for rent increases based on the fair market rent for the area.

Since the rent roll is broken down by unit, it can easily show which tenants have not been paying their rent or which tenants have been habitually paying their rent late. This can help the landlord stay on top of problems and file for evictions if necessary.

The Apple Barn. The Apple Barn Cider Mill & General Store is one of the most popular shopping and dining destinations in the Smoky Mountains. ...

CLIMB Works Smoky Mountains. ...

Dolly Parton Statue. ...

Smoky Mountain Deer Farm & Exotic Petting Zoo. ...

Tennessee Legend Distillery. ...

Forbidden Caverns. ...

Smoky Mountain Knife Works.

During the last downturn, I lost about 35% of my net worth in about six months. I don’t plan on doing that again.

Losing 35% is not as bad as the S&P 500 losing ~60% during its worst period, but it still hurt like hell due to the speed and absolute dollar amount of the loss.

At the end of February 2020, the S&P 500 lost 10% faster than any other 10% correction in history. The the S&P 500 proceeded to collapse by 32% in March as the coronavirus pandemic grew. As a result, if we are equity investors, we must be extremely vigilant in guarding our net worth.

A good investment strategy during a recession is to look for companies that are maintaining strong balance sheets or steady business models despite the economic headwinds. Some examples of these types of companies include utilities, basic consumer goods conglomerates, and defense stocks.