It is important to recognize that real estate investing is a business. Like any other business, there are systems, policies, and procedures that must be followed. The biggest problem most new investors have is organization. Even if you only invest part-time, you need to stay on top of everything you are doing. Not only will […]
Tag Archives: investment
Investing in Multi-Family vs. Single-Family Properties
In the world of real estate, the choice between multifamily and single-family properties is a significant decision. Both options have their own sets of pros and cons. To make the right choice, it’s crucial to understand these two investment strategies. Let me simplify it. Single-Family Property Investment Single-family property investment revolves around owning and leasing […]
Out-of-State Real Estate Investing: Pros/Cons
There are real estate opportunities in every corner of the country. One of the things that makes real estate investing so great is that you are not confined to your local market. If there is an opportunity sixty miles from where you live, there is nothing stopping you from pursuing it. Across the country, there […]
Add Your Rental’s Value And Increase Demand
Many local rental markets are currently outshining the housing market, a trend that has persisted for the better part of the past decade. While the heightened demand has made it easier to find tenants, it has also increased competition for retaining them. Today, tenants have an abundance of rental options at their fingertips. To not […]
Estimate An Accurate ARV
One of the major components of a successful house flip is properly estimating the after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value. […]
Hard-To-Sell Property Types That You Should Think About
Some properties are better than others. Some can be extremely difficult to resell for homeowners, agents, and real estate investors. Many of these hard-to-sell homes might sometimes sell for less than they were purchased, depending on holding costs and resell value variations. While selling these properties may provide some unique obstacles, investors must ensure that […]
Guide to Rental Property Bookkeeping
While real estate and rental property bookkeeping may not be the most fun aspect of real estate investing, it is an essential component of the real estate machine. Understanding these data is crucial for successfully running a business. Because of that, some real estate investors may hire an accountant or professional bookkeeper to keep track […]