How’s that song go? “A little bit of this -A little bit of that”. The latest real estate headlines have been piping in about rent increases that are occurring as the national vacancy rate is shrinking. Apparently, newly created renters (whether new household formations and/or those leaving the home-ownership role) are getting caught in a… Read more »
The severity of our financial (and real estate) crisis that hit in 2008 has created a predictable panic and resulting multi-year recovery (and slog-through) that is starting to show signs of picking up steam. As I’ve always advocated, it is important to stay nimble and ramp up your operations towards what works and when the… Read more »
One of my mantra’s is “going slow” when testing your niche with real estate investing. It is easy to acquire rentals, build up an inventory of wholesale , and/or rehab to retail properties. Often one doesn’t find flaws until the ball starts rolling. It can become a death sentence to your real estate business and/or… Read more »
Keeping your rental units fully occupied is always a top priority in the world of landlording. Over the past year, I noticed the typical up and down swings we see due to the seasonality of our business; however, I also noticed a rather large downdraft through the last three months of the 2010 that was… Read more »
Here we are practically half way through the 2010 year -it appears as if we are in a state of flux. We have a good half of expansionists stating ‘Doom & Gloom’ and the other half stating we’re ok, gaining traction, and will move forward in a positive manner. Let me guess -after these last… Read more »
Our summer is slowly coming to an end and it’s becoming readily apparent that we are facing a very strong dichotomy in the currents of real estate investing. There is a lot of fear, pessimism, and frustration. While on the flip side, I’m seeing another group that is out there in full force with… Read more »
One key facet to being a successful landlord is effectively screening your future residents. Failure to choosing a stable, on-time, rent paying citizens of our society will only cost you time, money, and un-needed aggravation. I don’t care whether one is filling a $300/mo or a $3,000/mo rental nor if the applicant is a $7/hr… Read more »
What type of investor are you? Have you given that some thought? Do you go after growth tracking trends that require the insight of whether its occurring or not or are you into value focusing on discounts to value and income with the ability to understand what exactly value is? Do you actually research your… Read more »
There truly is an art to Landlording when it comes to filling vacancies. Anybody can screen for the ideal tenant; however, it takes more than just facts to line up that person/family whom is most compatible with your house and terms. Sometimes we need to step back and ask ourselves: What is the goal of… Read more »
The ideal way to maximize cash-flow with rental properties is to provide a superior product, customer service, and a reputation of strong character. It is the art of renting that provides the delicate balance of providing a good product and a referral pipeline that efficiently fills vacancies based on your reputation while achieving an acceptable… Read more »
