There are plenty of factors that contribute to a successful real estate investment business — purchasing profitable properties, maintaining relationships with vendors, understanding the market and how to make it work to your advantage.But there’s one part of your business that’s so important that it …
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How Much Money Do You Need to Start Investing in Real Estate?
As a new investor, you have a lot on your mind. And money is undoubtedly at the top of that list.If you’re looking to start investing in real estate, here's just how much money it’ll take.Before You Get Started...Before you look for a real estate investment, make sure you have all other obligations …
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5 Tips for Succeeding as an Accidental Landlord
People become "accidental landlords" for a variety of reasons. Often, it’s related to a move. When work or family requires an out-of-state move, you're faced with two options: sell or lease the house. When people are called for active military duty, they face a similar housing dilemma. Should …
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Which Rental Property Improvements Are Worth Considering?
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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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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How to Determine If Your Investment Property Will Produce Cash Flow [FREE Rental Property Calculator]
Will your existing and prospective properties produce the income you’re looking for? The primary tool you need to make your decision is a rental property calculator. As you calculate how much your rental property will produce, consider these expenses.
Monthly Rent Potential
How much can you …
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Interested in Property Investment? Read These Tips First
Is buying property your best investment? Maybe you’ve seen a house for a deal you can’t pass up or maybe you’ve considered purchasing a rental home for years. Either way, as you think about your first investment property, your mind probably buzzes with questions. Most likely, these are the …
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When Is It Time to Sell Your Investment Property?
Sometimes investments just don’t work out. Sure, a great property is often the key to unlocking real investment potential, but other times it’s just better to pull the plug. So how do you know if you should sell? If you find yourself in one of these scenarios, it’s probably time to call a listing …
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What Should You Do When a Tenant Skips Out On Rent?
When a tenant doesn’t pay rent, they put you in an uncomfortable position. Your first instinct is to be sympathetic if they’re having money trouble or experiencing hardship. But, ultimately, it’s still your right to enforce the lease and collect rent.You’re upholding your end of the deal, which is …
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