by M. Ian Colville Buying in an undesirable neighborhood can make financial sense, but is it worth it? The short answer is, it depends. Of course, it depends on the property and the neighborhood, but it also depends on the investor. Buying in a challenging neighborhood can end up being a disaster, but it can also produce good returns and involve minimal... Continue Reading →
Everything You Need to Know About Subdividing Your Land
by Kevin Perk When you say the word subdivision to most people, it will most-likely conjure up images of large tracts of suburban style housing. And while huge housing developments are one type of subdivision, there are also much simpler forms that even the novice real estate investor could contemplate doing. Knowing what a subdivision is... Continue Reading →
The $30k Rental Property: How to Finance & Profit From Cheap Real Estate
Why I Like the $30k Investment Property You see, I initially chose to buy houses in the $30k range because it was an area I understood, they were houses I could afford, and the rate of returns on the properties were solid—in the 2% range. None of this tells the whole picture. A point many... Continue Reading →
4 Must-Knows Before Taking on a Distressed Property
Have you ever looked at a distressed property—a truly distressed property—and been thrilled with the idea of buying it, renovating it, and renting it? It can be an appealing notion, especially if you’re an investor with an imagination. With so many areas undergoing revitalization, the idea of taking a cheaper distressed property and making it... Continue Reading →
Here’s Why I’ll Never Sell My Multifamily Investment Properties
I never plan to sell a single multifamily property, and here’s why: I’m Going Long I’m in it for the long haul. I’m not just thinking about how to make money next month, hit a goal this year, or get rich in five. My eye is on the long game. I’m looking 10, 20, 50... Continue Reading →