Tenant-Proofing Tips to Keep Your Rental Nicer, Longer
Monday, January 30
Tenants may be the lifeblood of your rental real estate business, but they can also ring the death knell. If you rent to the wrong ones and don’t take action to keep your property in tip-top shape, it can spell disaster. While most tenants fall into the “average” category, a few are excellent an...
3 Reasons You’re Broke – And How You Can Change It
Friday, January 27
Far too many of us are familiar with the uncomfortable and downright awful feeling of being broke. When you’re in this position, you have to make tough choices about where you money goes: cell phone bill or going out with friends, groceries or credit card bill, rent or utilities. It seems like a...
Top 25 Excuses for Late Rent
Wednesday, January 25
In a recent post, I mentioned that bad tenants are really good at coming up with creative excuses for why their rent is late or not being paid in full. Seriously, it’s a genuine talent that some of them have, and I’ve often wondered if they are professional storytellers in their spare time. While...
The Lowdown on Lease Options and Owner Financing
Monday, January 23
If you ask the average person what methods are available to them for purchasing real estate, most will know about two options: taking out a mortgage or paying all-cash. Makes sense, considering these are the most commonly used methods for buying a home. However, these aren’t your only choices. Yo...
How Much Will a Bad Tenant Really Cost You?
Friday, January 20
So you’re a new investor, and you’ve read investment blogs and articles online, and talked to your investor friends, and you feel like you’ve got a solid understanding of how everything is going to work. But does that understanding extend to just how much a bad tenant can cost you? And why it is ...
Urban, Suburban, or Rural: Which is Best for Investing?
Monday, January 16
One of the best things about investing in real estate is the diversity it provides - not just for your investment portfolio, but also within itself. With property, there are lots of opportunities to diversify. Property type (residential or commercial), location, and property class all offer diffe...