Sometimes your property or unit is what it is. You can make some minor tweaks, but there may not be enough space to make the wholesale changes you desire. If that is the case, you can still make your rental stand out by improving certain items to the interior. Instead of focusing on what your […]
Taking action is difficult. To take action, it usually requires some kind of change which often scares people into doing nothing at all. Most people will look for landmarks and start days to get things going, think New Years and starting a diet on a Monday. Eventually, a diet that you were set on starting […]
Let’s face it; there is at least some level of risk in everything you do. Investing in real estate is no different. With every property you invest in, there is always the chance that you can lose money. While it is very obvious, the key to investing is to get involved with deals that offer […]
Everything you do in business, and in life, will cost you either time or money. You may certainly get something for your time, but once you use it, you will never get it back. In a perfect world we would have a deep supply of both, but since we live in reality, you often need […]
From the outside, it would appear that all a landlord has to do is find the right property and sit back and wait for the checks to roll in every month. As any landlord knows, it is never that easy. Between keeping your property rented, collecting rent, dealing with repairs and a dozen other tasks, […]
No landlord ever goes into a lease expecting things to go bad. Despite their best wishes and a tenants best intentions, things happen. Through no fault of their own, a tenant may lose their job or become sick, setting in motion a series of events that will hamper their ability to pay on time. Since […]
The most successful investors give themselves as many outlets to do business with as possible. Whether this means finding new ways to get leads or working with different people, it is important not to put all of your eggs in one basket. Some of the highlights in the real estate world, in the first month […]
Think about where you were five years ago. Short sales were becoming part of everyday life, the stock market had not yet taken off and you may have been established working in another field. Just a few years later, things have changed quite a bit. It is easy to live for now and focus solely […]
The real estate business is one in which extreme highs are almost always complimented by devastating lows. The best businesses are those that can function somewhere in the middle of these extremes. There are many times when you will find yourself on one path only to shift lanes at the drop of a hat. Whether […]
Even though you are looking at real estate for investing purposes, the buying process is still largely the same. It starts with the pre-approval letter or access to financing and continues through the relationship you have established with your realtor. Like most other real estate purchases, there is a period of joy and excitement followed […]