Order Your Property Like You Order Your Coffee

As real estate investors, many of us are used to working early mornings and late nights. If you're anything like us at Hipster, you probably drink a fair amount of coffee. Ah, coffee. We each have a certain way we like it. Cream. Sugar. Soy milk. Raw sugar. Agave syrup. Hemp milk. Coconut milk. Skim milk. Foamed. Decaf. Over ice. French Press. You name it. Luckily, the world today is ...

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4 Life-Changing Lessons My Real Estate Mentor Taught Me

There is no question about it—everyone in this industry needs a mentor. I can truly say that if I didn’t have the mentor that I do, I wouldn’t have made it this far—if not just for his teachings, but for his moral support during my freak outs. I’d say the latter has been the most important, but all the while, there is no reason to ...

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When I Prefer Property Managers over Being a Landlord

When a thunderstorm hits Atlanta, knocks off siding and parts of the roof of one of my rental properties, and I’m in Nicaragua. The Reality If I didn’t have a property manager looking over this house and I managed it myself, how would this have played out? I would have had to take the call from the tenant about the damage, coordinated with the insurance company’s inspector ...

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Analysis of a Triple Net (NNN) Deal: Is This KFC Building a Good Investment?

Do you ever think something sounds like a great investment deal? Is it possible it’s really not? Aside from more complicated factors like market fundamentals or rent sustainability, is it ever possible the numbers themselves can trick you? Yes! I’ve recently been exploring commercial investment deals. For anyone who knows me, you know I’m not usually into commercial. But I’ve been consulting with someone to find ...

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Should You Invest in Five Single-Family Units or a 5-Unit Multifamily?

I’ve heard more and more people ask lately whether they should buy a handful of single-family residences (SFRs) or one larger multifamily residence (MFR). Regardless of how many properties or units you are considering, the question remains—buy several SFRs, or one MFR? There are essentially two questions embedded in this one question, and you should evaluate the pros and cons of each in order to determine which is ...

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One Secret Advantage to Turnkey Real Estate You Don’t Know About

Turnkey? What in the world is that? It’s a method of buying an investment property. Most people who buy turnkeys buy them because they live in an area where it doesn’t make sense to invest, so they have to be long-distance owners. Or, they have full-time jobs and/or families and are limited on how much time they can spend on an investment property. Turnkey means (usually) that ...

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How to Buy Real Estate with Your Credit Card

That’s right. I said it. Use your credit card. I’m sure most of you have heard the explanation of bad debt versus good debt. Bad debt is when you finance purchases like flat screen TVs, cars, vacations, or…look out, I’m about to say it… your own home. Good debt is when you finance purchases that will give you a return. Education is a big one. Another ...

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6 Ways to Get Creative With Financing Turnkey Rental Properties (From an Actual Turnkey Investor!)

Drew Pitchford, from our Turnkey Rental Properties Facebook group, recently shared about the massive success he’s found in creatively financing his turnkey rental property purchases. It was so inspiring, we asked him if he would let us share his wisdom with the Hipsters! Straight from Drew’s mouth, some creative financing tips for funding turnkey rental property purchases: Many people never get started in real estate investing due to 1 ...

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The Definitive Guide to Finding Investor-Friendly Lenders

Recently I wrote an article talking about finding investor-friendly real estate agents (actually, I was really questioning whether they even exist or not… see The Epic Guide to Finding an Investor-Friendly Real Estate Agent). This week, I want to talk about lenders. Why? Because in the past month, I have seen a solid handful of deals tank, or nearly tank, solely because of the lender on the deal. Whether a ...

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