Property Management Is There A Quick Fix?Will the single family investment dream crumble before the realities of managing rental properties? Last year only about a third, 35 percent, of single family rentals made a profit on their rental income. The 3.8 million that lost money or broke even saw their owners’ dreams of a steady, annual rental income evaporate into the ether.Lack of profits isn’t due to lack of effort. Nearly eight out of ten individual investors manage their own … [Read more...]
Winning Monopoly
January 7, 2012 By Leave a Comment
The formula for winning Monopoloy is to get 4 green houses, and then a Red Hotel. The formula was drilled into my head as a child for building wealth and winning the game. I had no idea at the time that the formula could also be used in the real world for building wealth and massive cash flow as a real estate investor.In the game of Monopoly, you want to invest in as many properties as possible. Once you own properties, you can collect rent from your opponents every time they land on your … [Read more...]
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2012 Will Be An Extraordinary Year
The stars are aligned to make 2012 an extraordinary year for rental income. The decline in homeownership is translating into rising rents and the multifamily apartment sector, though booming today, was late catching the wave. If it weren’t for the new investor-driven single family rentals in many markets, rents would be zooming even higher than they already are.The New Normal in Homeownership Creates DemandChanging attitudes towards homeownership have been pushing up rental demand since … [Read more...]