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Landlording: What Makes a Good Real Estate Investment

The foundation of my real estate investing is rooted in buy and hold investment property for the long term: otherwise, known as Landlording. While I have wholesaled & rehabbed property for short term merchandising of real estate not to mention provided hard money loans to real estate investors in Charlotte, North Carolina, it is my… Read more »

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Rinse & Repeat: 1031 and the power of rentals over time….

Sometimes I over simplify my thoughts on investing in real estate….. As a generalization, I have an ingrained rule of buying a rental property for $50k and selling it when it hits a valuation of $125k -with the thoughts of reinvesting the money into two more $50k properties. We are still able to purchase single… Read more »

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You Can’t Handle the Truth (elevators slowed down) Part II

Whew….. I think we’ve reached a point were the elevator has at least slowed it’s descent -if not come to a halt for the time being. I am seeing pockets of stability, multiple bid situations, and anxious home buyers in our local Charlotte North Carolina real estate markets.  Both real estate investors and home buyers… Read more »

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A New Year & More Challenges….

As some of you may know, I’ve been a Hard Money Lender in Charlotte North Carolina. Needless to say, we were running along fairly well in our local real estate markets till Wachovia Bank imploded at the end of September, 2008. Sure we were slowing down in 2007 & 2008. However, our markets were still… Read more »

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2010: My Outlook on The Year Ahead…

Suffice it to say, I’m not going to miss 2009 with regards to my business and investments…. From a family standpoint it was absolutely fantastic. Emmy hit 4 this summer swimming like a fish and Max at 7 is growing out of my concept of ‘my little boy’…. Oh, they just grow to fast. 2009… Read more »

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The Back End of a 1031 Tax Deferred Exchange: Big Blue

The back end of a 1031 Tax Deferred Exchange… I call it Big Blue. She’s a 2000 square foot   Pre-1920’s two story Victorian that was converted      into an upstairs/downstairs duplex some 30-50 years ago.  10 foot ceilings and 5 coal fireplaces with original mantels.  It would be easy to convert back into a single family… Read more »

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Initial Thoughts on MultiFamily Investing -Part I

Originally posted by Tyler McCracken on 11/3/2009 on www.askthelandlord.com INiTIAL THOUGHTS ON MULTIFAMILY INVESTING –PART 1 We landlords often classify ourselves as cheap, frugal, thrifty…., to name a few… Truth is we’ve been educated to look for Value. I started my career of Landlording focusing on multi-family housing. I discovered I could get a lower… Read more »