Some people say you can’t make money on low cost properties. They argue that affordable homes are in unsafe neighborhoods, with unstable tenants and high crime. But is this really true? Absolutely not! Recently, I asked my mentor Robert Shemin, if it’s possible to...
Unfortunately, eviction is an inevitable part of being a real estate investor. Especially as you grow your portfolio, it’s important to know what to expect should you ever need to evict a tenant from one of your rental properties. As a landlord, you should know your...
Every single expense you encounter as a real estate investor ultimately comes out of your ROI. That’s why it’s so important to be prepared for any costs and expenses you might encounter. I often find that there are three big expenses that many investors overlook. If...
Is it safe to purchase real estate investments out of state? Should you be worried about what could go wrong? What should you consider before purchasing a property so far away? Many investors are initially fearful about purchasing a property outside of their home...
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...