Real Estate Investing Tips and Strategies: How to Get Rid of a House that Sucks
When you’ve been investing in real estate for a while, you often end up with a few properties that you don’t want anymore! A lot of the time, the same reason that you no longer want a property is the same reason another investor wouldn’t want it, but not always. So let’s say that you […]
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How to Train Your Tenants : Real Estate Investing Property Management
It is amazing how quickly the tenant/landlord relationship can be defined and redefined. You must lay the groundwork for how the relationship will work from the start. If you lack an iron fist up front, it will be hard to enforce your rights later on. When you try, your tenants will accuse you of “being […]
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How to Find Great Contractors for Your Real Estate Investing Renovations
Once you find a potential contractor for your renovation, your work is far from over. You’ll want to do background checks, call their references, review their accountabilities, determine their expected pay and method of payment, among other things. When I’m interviewing potential contractors, I rely on my gut feelings more often than not. If a […]
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“Cookie Cutter Rehabbing” Part 2 : Real Estate Investing Renovations
Last week we went over how to increase your efficiency and profit through “Cookie Cutter Rehabbing.” This strategy entails using the same repairs and upgrades in the same way for every house in a given area, price range, and exit strategy. We also covered the advantages gained in estimating costs and shopping for products. This […]
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“Cookie Cutter Rehabbing” Part 1 : Real Estate Investing Renovations
A great way to increase your efficiency and profit when doing rehabs is to Develop a Cookie Cutter Approach. This entails using the same repairs and upgrades in the same way for every house in a given area, price range, or exit strategy. Applying this strategy makes it easier to estimate costs, shop for materials, […]
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