Why I Buy Turnkey Rental Properties and How I Know Where to Buy Them

This article was originally posted at hipsterinvestments.com in October 2012. See the original post here. Real estate investment markets, including for turnkeys, have changed, but you can check out our Latest Good Deal posts for where and what to buy today! So most of my investing lately has been in turkey rental properties. Some people discourage turnkeys because the purchase prices are seemingly higher than what they think you should ...

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Happy Birthday to Us! The Best Present We Could Have Gotten…

In thinking about Hipster's birthday, we were thinking we really wanted to focus on the past four years and celebrate our wins, learn from our losses, and really just reflect on Hipster's existence. Right as we were thinking about it, we got an email from one of our favorite investors and it was exactly what we had been looking for in terms of celebration. We asked him if we could ...

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Out-of-State Real Estate Investing 101

One of the biggest questions I hear is “How can I invest out-of-state? I hear the returns are much better, but how would I even start to do that?” Assuming you live anywhere other than in a handful of cities, you are probably right about the returns. You also realize that you don’t need to be local to your investments so that you can routinely “check in on them”. ...

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[Guest Post] 2019 Real Estate Market Trends Investors Need to be Aware of

The real estate market can be really unpredictable as it constantly shifts and trends come and go. This is the very reason why it’s important to always keep an eye out for upcoming and even reemerging trends that can make an impact. When you know what to expect, you can make well-informed decisions you won’t later regret. Besides, on Hipster Investment we've noted how investing in real estate ...

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The Truth About Active Income vs. Passive Income

Oh yes, there is a difference. More than you know. You may already know there is a difference and you may know generally what that difference is, but it’s likely you don’t truly grasp the implications of those differences. For the record, there is nothing wrong with either of them. But if you want to maximize your returns down the road, you do want to make sure you ...

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Lease Options as a Tool to Rock Out Your Rental Properties

Money. We buy rental properties because we want money, right? I do at least. I don’t know what you buy them for. If I want money, what has to not happen in a rental property? Vacancy and repairs. Vacancy is avoided if you happen to get that lifelong tenant (of which I’ve yet to find). Repairs are unavoidable no matter what. It’s a house, it wears. So ...

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Property Managers: Best Friend or Worst Enemy?

Not all property managers are equal. Truer words are seldom spoken! What’s even more true is this: a good property manager can make or break your valuable investment dollars. Yikes. That’s a whole lotta control, isn’t it? If you struggle with letting go of the reigns, you’re in an even more vulnerable position. How do you know who to trust? What criteria should you use? At ...

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6 Essential Considerations When Looking at Real Estate Statistics & Data

No doubt, statistics and data can play a huge role in what investments are likely to succeed and which ones have a higher chance of tanking. Both of these, statistics and data, can give a very good picture as to the potential future of an investment or an investment’s potential. However, I oftentimes hear people justifying a particular investment based solely off some quoted pile of statistics or computerized ...

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