The ability to decide whether or not a real estate deal is profitable is crucial to your success as a real estate investor. If your investment breaks even (or worse, loses money) then you’re not moving closer to your goal of financial freedom. There are a few...
When I mention that I purchase properties in the $40-50k range, sometimes people respond, “You’re so lucky! Homes in my area are over $200k!” But the thing is, I don’t invest in my home state of New Jersey. The price to acquire rental properties in New Jersey is sky...
There are two kinds of investors: those who make a high return on investment, and those who make a low return on investment. It’s important that you realize the importance of making a high return, and identify exactly how to make a high return on your rental property....
There are many moving parts to a buy and hold property purchase, which brings up the question, “where do you start?” Many successful individuals begin with the 1% rule for real estate investing. It’s a simple calculation and baseline metric that...
I know many landlords who are hesitant to sign a multi-year lease. This is because if you sign a new lease every single year, you are able to raise your rent, and in turn make a larger amount in passive income every year. While I understand this way of thinking, I...
I speak with a lot of investors, and one of the things I always ask is how they purchased their first property. I find that many people end up holding onto a home that they used to live in, simply because they love the property. They keep the property as a rental, not...