Who wants an upgraded property with a high-end kitchen and luxurious flooring? Everyone! But is it worth the money? To an investor, probably not. The biggest mistake landlords make when rehabbing their properties is over-improvement. When a new landlord looks at the property as if they’ll be …
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Want to Fix Tenant Toilets at 3 a.m. and Lose All Your Money? Make These 6 Landlord Newbie Mistakes
You wake up to the sound of your phone buzzing. You’re getting your first landlord maintenance call… in the middle of the night.Out of the fog, you try to understand the problem. What?! All the toilets are overflowing, and the water is coming up through the tubs and sinks? This can’t be …
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5 Rules of Thumb for Analyzing Investment Properties in Plano, TX
There’s a lot to consider when choosing investment properties in Plano, TX. Property is a big investment, and before you make the commitment, you’ll want to consider all angles and make an informed decision that will help you reach your financial goals.Here are five rules of thumb for analyzing …
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5 Real Estate Investment Secrets that Home Makeover Shows Fail to Tell You
It’s always fun to watch a house transform from disaster to dream home, especially when it’s done in a 30-minute TV block. While you’re at home (sitting near one of your own unfinished projects), you see people take a home no one would live in and, with a little dust and elbow grease, produce a …
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6 Interesting Dallas Real Estate Facts You May Not Know
Our latest guest post, 6 Interesting Dallas Real Estate Facts You May Not Already Know, was recently published on Buildium! Recently, Dallas has become a hot real estate market with plenty of opportunities for investors. The booming population and growing businesses that are looking to thrive in …
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4 Warning Signs You Have a Tenant Turnover Problem
Tenant turnover is a huge pain. When tenants move out, they leave high costs and unavoidable frustrations in their wake. And since most leases are 12 months, you could be dealing with these issues annually. First, they cost you money – the utility transfer expenses alone add up to hundreds of …
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Business or Hobby? Getting in the Right Mindset for Managing Your Rentals
When you’re getting started in real estate investing, there are two ways to approach it: as an investor or as a landlord. There are also two ways to treat the properties you own: as a business or as a hobby.Now, we’re not here to tell you that one is better than the other. Becoming a landlord and …
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50 Inspirational Real Estate Investment Quotes To Keep You Motivated
The markets may change, but good investing advice is timeless. Here are 50 of the most insightful quotes about real estate investing.
50 Inspirational Quotes for Real Estate Investors
1. Progress always involves risk. You can’t steal 2nd base and keep your foot on 1st.– Fred Wilcox
2. Tough times …
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7 Keys to Successfully Owning Investment Properties in Denton, TX
Just like with any other business endeavor, there’s a clear roadmap to success in real estate investment, and there are things you can do in your business that will greatly increase your chances of success in the real estate game in Denton. Here are seven keys to successfully owning rental …
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12 Must-Read Books for Real Estate Investors
I’m often asked about the best books out there for real estate investors, and of all the books I’ve recommended, there are a few that come up again and again. Self-education is (or should be!) a big priority for investors. In my opinion, these are some of the most timeless resources available to …
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