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 →
How to Evaluate A-Class, B-Class, and C-Class Properties
One thing is for certain—everyone has an opinion and everyone has a different perception when it comes to evaluating asset classes. I’m proud to tell you that I’m a blue-collar, working class guy, so my perception of a certain asset class is different than someone else’s perception. I’m not here to tell you that I’m... Continue Reading →