The Case for Buy and Hold Real Estate Investment
Monday, December 07
Here we make the case for why buy and hold real estate investments is the best investment around and most effective way for a person of modest means to become independently wealthy. It is the "IDEAL" investment: I: Income D: Depreciation E: Equity Buildup A: Appreciation L: Leverage And you can m...
A Guide to Due Diligence for Buying Houses
Monday, November 30
Due diligence is perhaps the most unfairly (and unwisely) ignored topics for real estate investors. Due diligence is when you verify what you think is true while a property is under contract. It includes third party inspections, examining the lease, rent roll, operating statements, etc. With apar...
How to Manage Collections and Delinquency
Thursday, November 26
This is probably the most depressing topic regarding property management there is. No one wants to do collections and no one ever wants to evict someone, although it is. That being said, collections are still part of the job. Here we discuss how to systematize it so you are not treating people un...
Why and How to Screen Prospective Tenants
Monday, November 23
Every real estate investor and property manager will say you need to screen, screen and then screen some more. If only it were that simple. Unfortunately, tenants, like everyone, come on a spectrum. So how to do you create legal criteria with which to screen them? For more, please subscribe to ...
Is the Economy Going to Collapse? What Should Real Estate Investors Do
Sunday, November 08
So will it? And what should real estate investors do in the meantime? Go big? Twiddle your thumbs? The economy, as you have probably noticed, is a mess right now: *The unemployment rate topped out at 14.7% is still at a very high level of 7.9%. *Many states have an eviction moratorium. *The gove...
How to Buy a Portfolio of Houses
Sunday, November 08
Buying one house is all well and good. But if real estate investment is something you want to go big in, it makes sense to consider larger properties. This could include apartments or commercial properties. It could also include portfolios of properties, which is what we’ve done a lot of here in ...