The Numbers -- Simple Numbers for a Simple Property
Friday, December 22
Several people have asked how the basic numbers work for a simple two unit house.Below is a set of numbers that I borrowed from a fellow Bigger Pocket enthusiast. Mine will be different, but we're in the ballpark for this type of property.NOTE: This breakdown does not talk about income from the...
So, why real estate investment .. my take
Thursday, December 14
If you've read the previous entries on this blog you'll see that I didn't expect to be a landlord, I expected to help folks buy/sell real estate to make extra money for my family.Let me explain why my primary focus is now buy/hold real estate investment. Similar lists have been put together by t...
Focusing in on Real Estate
Tuesday, December 12
During my years searching for the perfect business to jump in to, I had the "pleasure" of purchasing and selling 4 homes. By the age of 37 I, along with my friendly neighborhood bank, had been through 7 real estate transactions. Every time I went through the process, I would think to myself, b...
Sometimes things just don't work out ... having to wait
Tuesday, December 12
Sometimes things just don't work out.In the Fall of 2014, my wife and I had started looking at houses. We needed to move from a small house in the City of Rochester, to somewhere just outside the city limits.As we discussed options, we came to agreement that we would try to rent our current home...
How did I get here?
Monday, December 11
Wow .. that's a loaded question. Why didn't I give myself a softball...I have had an entrepreneurial spirit for a number of years. It dates back to 2003, when my friend, along with his father started a media equipment company. I was hooked from day one. I learned everything I could about thei...
Follow along, join the party
Monday, December 11
Welcome to my new blog about investing in real estate. Many people don't like real estate, or would never consider it something that they would like to be a part of. Truthfully, the only reason that's the case is that they don't know enough about it.I hope to change that through this blog. May...