The key to minimizing expensive repairs during the life of your investment is to conduct a comprehensive renovation. Doing so allows you to maximize your monthly rental income, instead of spending it on fixing big-ticket items in the home. Here are a few major...
Hiring a property management company is crucial to your success as a real estate investor. A property management company is an indispensable part of your team. Especially when you’re thousands of miles away from your property, you’ll need someone on site to take care...
Any new venture can be intimidating, and that’s certainly the case with real estate investing. I hear questions constantly from new or prospective investors who are worried about risk. Sure, there are horror stories about investors who lost it all, but if you play...
What if chaos ensues at your rental property? What if you receive a letter from the Board of Health? What will happen if your tenant doesn’t pay their rent? What will you do if your appraisal seems incorrect? When I first began my real estate journey, I was incredibly...
Before you purchase a rental property, you should thoroughly assess not only the property, but also the neighborhood and the market. One thing to consider is the possibility of natural disasters, including if the home is located in a flood zone. So, should you...
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