Buying a Duplex, Triplex or Fourplex Now.
Tuesday, March 17
I have recently been watching a show on Netflix.com called Income Property. The show's host, a contractor, helps property owners update or build an income suite or unit to gain rental income from their property. It is a fun show to watch while I am doing the dishes or some other mindless task.The...
What it Costs to Have a Vacant Rental
Saturday, April 06
So this is going to be a quicker post. This week I have heard two stories about investment property owners that left their property vacant for an extended period of time. Investors refer to the lack of income from a property as Lost Rent.One real estate investor owns a rental home. The home had ...
Condo Investment - I Would Be Careful
Wednesday, March 21
In many parts of the country, residential condominiums are very inexpensive. Even here in the San Francisco Bay Area, some condominiums can be purchased for under $100,000. While the condos may appear inexpensive, condo ownership is filled with hazards. Many people forget that when buying a...
Should a Young Professional Buy a Single Family Residence
Monday, February 20
Saturday's Wall Street Journal had an interesting article about the growing ranks of single female homeowners. The author quotes a letter from her father about some of the pros and cons of homeownership for a single female. Buying offers "the ineffable qualities of ownership"—that is, presumed e...
Using Warren Buffett's Principles for Real Estate Investors
Wednesday, January 13
From my blog at MaclennanInvestments.com: View Your Investment as Ownership of a BusinessWarren Buffett writes in his 2008 letter to Berkshire Hathaway owners:We like buying underpriced securities, but we like buying fairly-priced operating businesses even more.In his 2007 letter to investors Bu...
Becoming an Equity Investor
Tuesday, January 27
Many established investors as they reach retirement age may be transitioning from a "hands on" investing style to a more passive investment approach. They may be looking to do less work and yet put some of their capital to work in other properties. Minority Equity InvestorThe current market provi...