There is almost nothing in real estate that is straightforward. Even the most basic transactions have a snag with the title or something in the closing process that throws you a curveball. This is only heightened if the previous owner passes away. Conveying ownership in this scenario can tack on several months to the process […]
Author Archives: Robert Johnson
Purchasing Your First Rental Property
Nothing is more beneficial to your long term financial health than the right rental property. Sure, quick flips and rehabs are great for the short term but a strategic acquisition of a rental property can completely change your portfolio. Not only are they a source for surplus monthly cash flow, but they also build equity […]
Should You Sell Your Investment Property?
Take a minute and consider how much your investing business has changed over the past twelve months. There is a good chance that you have probably undergone some subtle, and not so subtle, changes in philosophy and direction. It is always better to be a step or two ahead rather than chasing outdated trends and […]
Buying Rental Properties in Poor Locations
One of the things that makes real estate investing so great is that there are different options for different tastes. A situation that you would may personally be staunchly opposed to, someone else may see value in. It doesn’t make either of you right or wrong, it simply boils down to personal evaluation. One of […]
Why You May Not Want to Sell Your House By Yourself
Every real estate investor looks for ways to save money. One of the most common areas to save on a fix and flip deal is with your closing costs. Reducing, or eliminating, some of the fees will have a sizable impact on your bottom line. However, you need to pick and choose your battles wisely. […]
How To Successfully Purchase A Rental Property Purchase
A rental property purchase is not the same as a fix and flip project. With a fix and flip deal, you are focused on generating short term profits whereas a buy and hold rental may be in your portfolio for several years. It is essential that you know everything about your rental market, the property […]
How To Be A Better Landlord
Investing in rental properties can be one of the most difficult things you do in real estate. It can also be one of the most profitable if executed properly. Being a landlord is not exactly rocket science. You find a property, make subtle improvements, get good tenants and collect rent checks. Your rent checks should exceed the […]
How To Attract Tenants To Your Rental Property
Having a quality rental property is not enough to attract tenants. In hot markets good rentals may be a dime a dozen. You need to come up with ways to have your property stand out from the crowd. Instead of massive upgrades throughout the property you are better off making subtle, but impactful, changes. Updating […]
The Biggest Challenges Of Self-Managing A Rental Property
There is no greater long term investment in real estate than a quality rental property. The right rental will not only provide short term cash flow in the way of surplus rents received, but can give you the potential for appreciation years down the road. All the while you can take advantage of many tax […]
The Impact Of A Foreclosure On Your Credit Report
There are few things more impactful to your financial health than a foreclosure. Aside from a bankruptcy, a property foreclosure is one of the worst things that can negatively affect your credit. Not only does it hurt your credit in the short term, but it has a lasting impact that could take years to recover. […]