Let me share with you the cornerstone principle of long term real estate investing: The success or failure of your real estate investments depends on your ability to consistently attract and retain great tenants. In the end, it doesn’t matter how great of a deal you got on the property or how strong your projected... Continue Reading →
How to Boost Cap Rates by Buying Great Tenants
There are always a million things you can look at when you buy a rental property: What is the rent? Is there any water damage? Is the house on a concrete slab? What kind of neighborhood is it in? Do the cabinets need replacing? How many more years does the roof have left? I could... Continue Reading →
5 Refinancing Steps You’ll Need to Complete for the Buy, Rehab, Rent, Refinance Strategy
“Your network is your net worth.” —Tim Sanders Step 1: Look for a Lender (And Cast a Wide Net) One mistake a lot of people make is to only start looking for a lender once they need one. Don’t make this error. Instead, you should start looking for, vetting, and building rapport with lenders early... Continue Reading →
6 Hacks for Making Tenant Management More Hands-Off
“I want to become a landlord so I can work a second job!” Said no one ever. Granted, rental properties are not completely passive investments the way that, say, mutual funds are. They require some work to buy, to manage, to maintain accurate books, to file taxes on properly. But the ultimate goal of all... Continue Reading →