How do you choose how much to renovate and how to finish your propeties?? What’s the difference in renovations for a flip vs. rental? If you’re doing a rental property, keep it simple. It’s going to take a lot of wear and tear so don’t pour your heart into the design and finish. You really need to just make a …
Focus on ONE Area
Focus! I hear this all the time – “I want to buy in a different market than I live in.” I say don’t do it!! We NEVER do it. Instead, FOCUS on one place. We’ve made a lot of money focusing on the areas that I grew up in. I actually live here, so I know them very well. We focus …
Property Management – Why is it SO Important?
Why is Property Management SO Important? This question about property management has many, many answers, but I’ll focus on the biggest ones today and give you a few tips on HOW to manage a property. Firstly, when you think of your investment properties, think of them as just that: INVESTMENTS. These properties are not there to make you a quick …
How Do You Start a Real Estate Business
Many people want to start a real estate business, but almost immediately lots of questions spring to their minds. These include: What kind of real estate is the best for me? What are the basics of setting up a real estate investment office? What beginning marketing strategies should I use? It’s good that you’re asking these kinds of questions. It …
How to Analyze Real Estate Investments
Introduction Analyzing whether a piece of real estate is a good investment requires taking a number of factors into consideration, including whether the property is a single family home, a multi-unit rental, or a commercial building. In general, however, the following information is a good starting point for analyzing the value of a real estate decision. Single Family Homes Analyzing …
What are Real Estate Investments?
Most people associate “real estate” with houses and buildings. But at the most basic level, “real estate” is land and what you do with it. You can own it. You can lease it. You can build on it, or take over buildings already there. You can farm it. You can even mine it for minerals. There are two additional factors …
How does Real Estate Investment Work?
How Does Real Estate Investment Work for Quick and Long Term Profit? Real estate investment is a financial strategy that uses the management, ownership, purchase, rental, and/or sale of property for profit. There are several ways to invest in real estate, but they all rely on similar economic factors to earn profit. The first is that the property must increase …