Real estate investors enjoy the thrill of acquisition. Who among us doesn’t? A new property, a new opportunity, a new adventure—there’s a certain excitement to it all that’s enticing. To have a diverse portfolio is a good thing, too. We know, of course, that a variety of properties helps mitigate risk with that all-important safety... Continue Reading →
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Why I’d STRONGLY Discourage Newbies From Buying D-Class Investment Properties
Without a doubt, everyone has heard that real estate is all about “location, location, location.” I’ve bought in every class of real estate. I’ve bought A-class condos that I flipped, and I’ve bought D-class homes that I’m stuck with to this day. I’ve made money in every class. Even though I’ve made money in every... Continue Reading →
10 Must-Do Maintenance Tasks to Keep Your Rental Property Issue-Free
Do you like cleaning? I don’t either. But I like to have my rental properties well run without much daily oversight… so it has to get done! For much of the country, the warmer weather sparks a renewed motivation in homeowners to tackle tasks that may have been pushed aside during the shorter days and... Continue Reading →
Is a Fixer-Upper Worth Your Investment?
Rental properties have the potential to net you a return in two different ways: You can charge more in rent than you pay on the mortgage, resulting in a stream of revenue that could last indefinitely, and you can invest in a property with the potential to appreciate over time, so you can eventually sell the... Continue Reading →
The Ultimate Guide on Raising Rent
Your tenants’ leases are about to expire. There’s a “for rent” sign on the house down the street, and the owner is trying to rent it for an amount that exceeds your rent. You would also like to raise rent, but the local economy is showing signs of weakness, and your current tenants are great.... Continue Reading →