How to Systemize Your Initial Property Inspection to Avoid SurprisesYou just know it’s the one. The color scheme is right; the floor plan is open. You touch the granite countertop and see the kids practicing their multiplication while salmon broils in the stainless steel stove. If you are searching for the home of your dreams, focus on countertops and paint color. If, however, you are seeking buy and hold rentals, refocus. Remember: You are NOT going to be living there. So instead of thinking … [Read more...]
How to Systemize Your Initial Property Inspection to Avoid Surprises
June 1, 2012 By Leave a Comment
Tenant Screening Failure: How to Avoid a Similar Fate
April 26, 2012 By Leave a Comment
Tenant Screening Failure: How to Avoid a Similar FateAs landlords we know that one of the most critical jobs we have is screening and selecting tenants. We know that if we get this part correct that our relationship with our selected tenants will be a profitable one.So, imagine that you have done your tenant screening job well. You collected references (landlords and employers) and checked them out. You inspected their current residence. You performed background checks. Everything … [Read more...]
How To Avoid Loosing Wholesale Deals
December 28, 2011 By Leave a Comment
How To Avoid Loosing Wholesale DealsA fellow I know got a great property under contract, found a buyer for his wholesale deal and was looking to make a quick $10,000 on the deal. However, he made a few mistakes along the way which almost cost him the deal and I want to show you how to avoid them.Read the full post here... … [Read more...]
Fixing Up Properties For Maximum Curb Appeal And Resale Value
October 27, 2011 By Leave a Comment
Fixing Up Properties For Maximum Curb Appeal And Resale ValueHow To Avoid Being Ripped-Off Real Estate Investors that use Repairmen And Contractors.Here are three ways that you can avoid being ripped of by the many unscrupulous repairmen, tradesmen and contractors who make a living taking real estate investors to-the-cleaners on a regular basis:Hire only properly licensed and insured repairmen, tradesmen and contractors.Require written estimates for all jobs.How To Fix Up Properties For … [Read more...]
How to avoid Mistakes As A New Real Estate Investor
October 27, 2011 By Leave a Comment
How to avoid Mistakes As A New Real Estate InvestorAs an active investor and willing presenter at local real estate investment clubs, I am often asked about what common mistakes new investors make. Regrettably, I am rarely asked how to avoid the mistakes. The list of mistakes new investors can make is unfortunately rather long. In this post I am going to focus on three mistakes I find as prevalent, annoying and altogether avoidable. Three Avoidable Mistakes New Real Estate Investors MakeNew … [Read more...]
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