When you’re looking to make a solid real estate investment, the ultimate goal is cash flow. You want your cash flow to be largely hands-off and passive, and that’s why it’s pertinent to do your research about your rental markets. Once you identify a potential market,...
One lesson I learned early on as a buy and hold investor is how important it is to continue purchasing properties. When I started attending real estate meetings, I would ask experienced investors what their biggest regret was. They would always answer, “I regret...
I recently heard the criticism, “real estate investing is a get rich quick scheme!” Initially, I vehemently defended it. However, the more I thought about this idea, I realized it was true. Real estate investing IS the fastest way to build wealth! Okay, so I wouldn’t...
Everything we do in life begins with being in the right mindset. Real estate is no exception. I talk to so many people who want to begin, but are held back by fear and other limiting beliefs. I recently read that only 3% of people are considered successful. Another...
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...
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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