As an investor, you want to make sure you’re staying on top of your properties — and the best way to do that is through regular inspections.When you perform regular inspections on your properties, you can catch any potential problems (like foundation issues, slab leaks, or water leaks) before they …
Read More
How to Buy and Rent Investment Property With a Business Partner
There are a host of benefits to working within a real estate partnership. When you work with a business partner, you split all the expenses for your investment (like property taxes and repairs) right down the middle. When you work with a business partner, typically there are different …
Read More
The Property Owner’s Guide to Renting a House with a Pool
Ahh, summer. It’s the perfect time for getting outside, enjoying the sunshine, and — depending on your property — taking a dip in the pool.Having a rental house with a pool can be a major asset in the heat of Texas summers. Not only can they add some serious value to a property (and demand …
Read More
5 Helpful Google Earth & Maps Tips for Real Estate Investors
Back in the day, investing from a distance was tough. It was hard to get a good feel of the area, the property, and the city unless you got in a car (or plane!) and traveled there.But thanks to technology, today, it doesn’t matter where you are — you can get an up-front and personal view of a …
Read More
How to Avoid a Bidding War When Buying Investment Properties
I want to kick things off with a good old-fashioned embarrassing story.When I was 14 or 15, eBay was the “new big thing.” I was on eBay searching for some Ralph Lauren Polo shirts (also a big thing at the time) when I found a 3-pack of shirts. I put in a bid and it looked like I was going to get …
Read More
3 Risks of Owning Rental Properties (And How to Avoid Them)
In terms of investments, rental properties are definitely on the low-risk end of the spectrum.But low-risk isn't the same as no-risk. There are definite risks associated with buying and owning rental property.You could choose the wrong property.You could underestimate the costs and expenses of …
Read More
The #1 Reason Real Estate Investors Go Bankrupt
When you buy an investment property, you’re doing it to make money. But even if you go into the situation with the best intentions — and the expectations to make some serious cash — it doesn’t always work out that way. Approaching real estate investment in the wrong way can lead an investor to go …
Read More
3 Hidden Fees Your “Low-Cost” Property Manager Is Charging You
There’s an old saying: “If something sounds too good to be true, it probably is.”And that definitely applies to low-cost property management companies.If you see a property management company that advertises it provides every service you need for 5%, you’re not getting the whole story. The reason …
Read More
6 Real Estate Investing Tips for Out-of-State Investors
Investing in real estate can be a complex process — but when you add in the additional challenges of investing in property out of state, it can get downright confusing.There are so many unknowns when you’re investing out of state. You don’t know the market. You don’t know the different …
Read More
How to Increase the Property Value of Your Rental So You Can Collect Higher Rent [2018 Guide]
It goes without saying that when you invest in a property, you want to get the highest return on investment and make as much money off the property as possible. And how do you make more money on each property? By increasing the rental property value.Knowing how to increase property value can boost …
Read More