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 →
How to Upgrade Your Property Just Enough to Make it Profitable
Over improvement is a mistake that I believe everyone makes at least once — and usually more than once before they learn better. I have made this mistake myself and learned from it. And I’ve also been fortunate to learn from friends and mentors and the mistakes they have made. Having both the knowledge of... Continue Reading →
How I Was Almost Fooled by Evicted Tenants (& What I Learned)
The top thing in every landlord’s mind is to ensure that you don’t recruit a tenant who will only result in an eviction notice. After all, having a troubled tenant can lead to cash flow problems, which is obviously bad. On that same note, not only can this lead to financial distress, but it can be time consuming... Continue Reading →
The 5 Most Frustrating Turnkey Rental Issues Investors Face
I want to share the challenges I have seen with turnkeys, so if you are possibly thinking of investing in one or more of them, you can set your expectations accordingly and look for various ways to mitigate risk. Before I go on, though, I want to clarify a major point. The problems and challenges... Continue Reading →