Do you dream about building your very own real estate empire? This may sound like the stuff of fantasy, but I’m here to tell you that with enough hard work, it’s definitely possible. Just as with any other activity, there are amateurs and professionals. Some people enjoy, say, writing poems in their spare time. That... Continue Reading →
10 Security Deposit Tips, Tricks & Hacks for Landlords
Security deposits don’t protect the average landlord as well as they think. In fact, for the typical landlord, the security deposit protects against only one thing: minor tenant-caused damage to the property. What doesn’t it cover? To begin with, it doesn’t cover major damage to the property. For example, the security deposit may cover re-carpeting one room,... Continue Reading →
20 Questions to Ask a Prospective Property Manager
Real estate investors interested in building wealth by acquiring property and holding for long-term rentals will be well served to find a good property manager. But with hundreds of management companies out there, how to find the good ones? If you are just starting out and only have a few properties, you may want to... Continue Reading →
How You Should (& How You Definitely Shouldn’t) Invest in a New Area
There’s a big debate amongst real estate investors regarding whether it’s best to invest in your home market (even if it’s very pricey) or to buy in less expensive markets out-of-state. I generally lean toward the former, but I certainly understand the latter. It’s almost impossible to find a buy-and-hold rental in San Francisco or... Continue Reading →
KEY BENEFITS OF MULTI-FAMILY INVESTING
KEY BENEFITS OF MULTI-FAMILY INVESTING Positive Cash Flow Multi-family properties produce consistent positive monthly cash flows after paying expenses resulting in steady passive income. Tax Advantages While there are several tax advantages available to real estate owners, Depreciation expense is perhaps one of the biggest because it reduces the taxes due on income generated from... Continue Reading →