Why would someone rent a relatively cheap home—why wouldn’t they just buy it? Wouldn’t a mortgage on a low cost home be cheaper per month than renting? These are questions we get from time to time. Some people doubt the economics of a market where people are unable to...
What happens when your tenant inevitably leaves? If you’re a new investor, the prospect of a vacant property can bring a twinge of fear. It’s scary to think that your rental income will be disrupted for a period of time. But remember, if you’re doing this the right...
Is turnkey real estate right for you? This is an important question to ask yourself, because let’s be honest: it’s not for everyone. As always, I suggest real estate investors try to reverse engineer their lives. Think about your end goal; imagine what you want your...
What does it take in order to be a successful real estate investor? As long as you’re in the right mindset, there’s not much you need. You don’t need to read every book and get stuck in analysis paralysis evaluating all of the “what ifs.” However, there’s one tool...
Many successful investors who I’ve interviewed for the Investing in Real Estate Podcast have something in common—they struck inspiration after reading Rich Dad Poor Dad by Robert T. Kiyosaki. If you’ve read the book, this should come as no surprise. In fact, it’s...
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