Do you actually know all of the ways you profit from a rental property? You might have a basic feel for them, but I bet you don’t realize all of the ways you profit from a rental property. Even if you do, it never hurts to review a summary of the income streams to reignite excitement for your rental property! I’m going to end the summary of rental ...
Numbers are really pretty, aren’t they? I mean, we are all in real estate investing, and it’s likely that everyone here is out for the numbers. So shouldn’t we always go for the highest ones available? Well… Not always. Maybe. But not always. I recently saw a forum post where someone asked if she should buy in a C-class neighborhood that offered a 20 percent return on investment (...
Oh, the famous debate. Should you pay cash for your investment properties, specifically rental properties, or should you leverage them? If you are new and don’t know what leveraging means, it means using a loan or some other form of money (basically anyone’s money other than your own) to buy property. Buying a house using a mortgage is a perfect example of leveraging. If you haven’t caught ...
You heard me. Wholesaling is, however, an excellent job that will give you amazing amounts of experience in the real estate investing field. It is a great way to make connections and network, learn the ropes of investing (especially the numbers) and make some serious cash. Why Wholesaling is Thought to Be an Investing Method Wholesaling is the only job I can think of that is 100% related to real estate ...
Hipster believes that where you shop for real estate makes a world of difference. That's why we don't always advocate backyard investing - your market simply may not bring you enough of an ROI to make it worth your time and effort. When you do find a market that can give you the ROI your bank account deserves, it's important to not dismiss it just because of location. For example, ...
It’d be hard to be around the real estate investing world and not have heard quite a bit about leveraging. What is leverage and in what ways can it help you as an investor? According to Investopedia, leverage is: The use of various financial instruments or borrowed capital to increase the potential return of an investment. My bet is that the way in which leverage has been most talked ...
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 ...
That’s right. Instructions on how to be a terrible cash flow investor are finally here. Make sure you follow all of these recommendations to ensure ultimate success! Once you have decided cash-flow investing is the way you want to go, follow these simple guidelines and you are certain to go broke in no time at all.* Are you ready? *Note: Do not follow these guidelines. Check out the rest ...
To invest out-of-state or to not invest out-of-state? That is the question. You mean I might have to trust someone else to take care of my property? Have you lost your mind? Yes, I have lost my mind. Welcome to the idea of professional property management. Property managers don’t have good reputations (and rightfully so in most cases). I get it. I actually don’t argue the reputation because ...
