Despite what many of us math-allergic folk would prefer, real estate does involve some math. Luckily, most of the formulas are simple and straight-forward. In fact, if you can master the calculations below, you should be just fine. The Top 8 Real Estate Calculations Every Investor Should Memorize Cap Rate Net Operating Income / Total Price of... Continue Reading →
8 Tips for Cleaning Your Rental Kitchen Between Tenants
Landlords know better than anyone just how rough tenants can be on a property – especially when they rent it for long periods of time. And while it’s possible for any room to get trashed, few undergo as much wear and tear as the kitchen. Knowing how to quickly conduct a deep clean between tenants... Continue Reading →
The New Investor’s Simplified Guide to Landing a First Investment Property
Do you know what the number one cause of chickening out and not purchasing real estate is? Analysis by paralysis, a “disease” caused by over-analysis and inaction. I’m no doctor, but from what I’ve seen, the primary cause of this disease is the overwhelming amount of tasks that need to be completed in order to close a... Continue Reading →
Consider This Before Defining Your Investment Philosophy
There’s a particular long-term investment philosophy that has served me and my clients well, and it can do the same for you. It consists of two critical elements: The investment strategy and tactics you employ should flow from your investment goals. Even more importantly, the optimal strategy should offer the simplest and most elegant solution to reach... Continue Reading →
The Ultimate Guide to Due Diligence
Due diligence may be boring, but it’s absolutely critical to get it right. Here we’ll take a deep dive into what is perhaps the least fun but most indispensable part of real estate investing: the dreaded due diligence. What Is the Meaning of Due Diligence? While an entire book could be written on all the... Continue Reading →