A recent conversation with a new investor got me thinking about starting out. It has been a long time since I was a newbie, and while things have changed a whole lot, some things will always be the same. If you aren’t going to do the rehab work yourself, you will need to find a... Continue Reading →
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The Top 10 Rental Features That Attract Cream of the Crop Tenants
Let me share with you the cornerstone principle of long term real estate investing: The success or failure of your real estate investments depends on your ability to consistently attract and retain great tenants. In the end, it doesn’t matter how great of a deal you got on the property or how strong your projected... Continue Reading →
Landlords: These Are the 4 Types of Insurance You May Need
The basics of becoming a landlord are straightforward: Buy a property in a promising neighborhood, fix it up, find tenants, and start charging slightly more than you’re paying in regular costs. But if you want to protect your assets and ensure you’re following every applicable law, things get more complicated. Consider insurance. The right insurance... Continue Reading →
6 Reasons Short-Term Rentals Aren’t a Sustainable Investment Strategy
Short term, Airbnb-style rentals may be popular, but that doesn’t make them a sustainable real estate investment strategy. Airbnb may wind up winning the legal battle for short-term rental landlords in many areas. Still, that won’t ensure the sustainability of this strategy for buy and hold or retirement investing. The high rents may be alluring... Continue Reading →
Are Turnkey Investments Really Worth It?
Is turnkey real estate worth it? There is a huge stigma around turnkey and rightly so. At the end of the day, there are just too many operators selling properties for far more than they are worth in bad areas. There are also property management companies associated with turnkey properties known to nickel and dime... Continue Reading →