A quality rental property can completely transform your portfolio. The idea of having tenants provide you with monthly cash flow while reducing your loan balance is a very appealing thought. However, not every property makes a good rental. It is important to always do your due diligence on every prospective rental purchase you make. There...Read More
Your ability to speak in public is an essential, yet underrated, aspect of running a business. When most people think of public speaking they think of talking to a room full of hundreds of people. You may get to this point over time but public speaking for you can mean talking to dozen people at...Read More
All rental properties are not created equally. As attractive as some rental properties are others can be a disaster. Not only will they be a constant headache to deal with but they can also be a detriment to your bottom line. There are many investors who want to build their portfolio and think that any...Read More
One of the most difficult business dilemmas is whether to pay for a task you know you can do. Even though you can save some money by doing it yourself it is important to ask what you are giving up to do so. This is a popular question with rental property owners. Rental property management...Read More
There is a big difference between a good landlord and a great one. In most cases it is the little things you do that make all the difference. By going the extra mile, even when you don’t have to, you will have a happier tenant that respects you and the property. A happier tenant is...Read More
Every rental property you own should be treated like its own individual business. Like any business you need to know everything that impacts your bottom line. In many cases there are several little things that can eat away at your cash flow if you are not careful. Alone they will not break the bank, or...Read More
In the real estate world one mistake can wipe away years of hard work. Many landlords think responding to a tenant complaint is annoying but it is a walk in the park compared to facing litigation. Without even realizing it you could not be following fair housing rules and regulations. If the right tenant realizes...Read More
One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different people you may get five different opinions and observations about their mortgage. One person will tell you...Read More
No landlord likes dealing with tenant turnover however, it is a critical part of the job. How you deliver the rental to your tenant often sets the tone for the rest of the lease. If the property is sloppy, or even dirty, your tenants will feel that since you don’t take care of it they...Read More
We live in a day and age where being health conscious is in. All you need to do is turn on your TV for twenty minutes and you will find a commercial about eating better or exercising more. As great as being physically healthy is as a real estate investor you also need to focus...Read More