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 →
7 Types of Tenants Who Cause MAJOR Landlord Headaches
Tenants are the lifeblood of the landlording business. But as landlords, we don’t want just anyone as our tenants. We want good quality people who will pay, stay and respect our properties. We want tenants who will not cause problems, either to us or to our other tenants. We landlords already have enough problems to... Continue Reading →
Should You Sell Your House or Keep it as a Rental?
You’re intrigued by the idea of passive rental income. And for good reason: Passive income forms the building blocks of financial independence. Early retirement. Freedom to ride off into the sunset and do whatever your heart desires. But does that mean you should keep your old home and convert it to a rental when it comes time... Continue Reading →
Why I Fired Property Management—And Began to Manage My Own Investments
When my partner and I bought our first investment property in 2008 in the city, our initial plan was to hire a management company. At that time, we had a management operation in the suburbs where we managed around 400 units and a couple million square feet of commercial space. The new location was away... Continue Reading →