As Mike Tyson famously said, “everybody has a plan until they get punched in the mouth.” This is certainly the case in the world of real estate investing. It is common to spend weeks, even months, plotting a course of how you want your business to go only to have it change on a dime. […]
There is nothing wrong with investing in real estate on a part time basis. For many investors the goal is to get their portfolio so big, they can walk away from their current job. While this is certainly admirable, it isn’t always the best move to make. As much as you may want the freedom […]
Rental properties are not self-sufficient units. In the blink of an eye your brand-new rental will turn five years old. Just like that you will need to consider making necessary updates and improvements. This is even more critical if your property had some wear and tear when you took ownership. You don’t necessarily need to […]
Once you submit an offer you should have a pretty good idea of what you are walking into. You never want to get into a situation where you are almost disappointed by getting a signed contract. Where many novice investors get into trouble is by submitting offers without doing their necessary homework. Their last ten […]