How many times have you seen people ask whether it’s better to invest in real estate or stocks/mutual funds? What about investing in a REIT versus a rental property? What about notes versus rental properties? What about flipping a property versus owning a rental property? There is a category embedded in those debates that I want you to consider: real property. What is real property? When you hear ...
I think one of the most important things for real estate investors to be educated on and aware of is what they are getting themselves into when they decide on a particular investing strategy. For the record, I don’t think any strategy is the wrong way to go. I only think a strategy is the wrong way to go if you chose it naively with no idea what you’...
What better way to celebrate a weekend than to sit back, relax about investing, and gain a little motivation? Whether you are a brand new investor and struggling over the hurdles of getting started, or you are a more advanced investor and just hitting the usual obstacles, it always helps to take a deep breath, exhale, and calm down. The perfect analogy is lifting weights at the gym. Almost every ...
I’ve been talking a lot about markets lately, and oddly enough I was asked on three separate occasions just in the last week my opinion as to whether or not I thought Palmdale, CA would be a good place to invest in a rental property. So I thought, well, people are obviously wondering — so how about I just make a whole article out of it? I thought it would ...
If you have never read the BiggerPockets website, you are missing out as an investor. BiggerPockets is awesome. They have a forum where you can post any question you have and the community can respond, they have awesome blogs that are incredibly educational and cover several aspects of real estate investing, and it's really a great way to explore the world of real estate investing. The best part? I got ...
Is your goal to succeed or to fail? Good, then this article is for you. Some of the easiest ways to delay success in real estate investing are: Not knowing all of the options or paths out there Spending time and money inefficiently Burning bridges 5.5 Ways to Never Fully Succeed In Real Estate Sure, you might see some or a lot of success, but you are certain to max out ...
Turnkey rental properties seem to be talked about more and more these days, and I hear the question all the time: “Turnkeys seem too good to be true. What’s the catch?” The answer is — no, they aren’t too good to be true. So then, what is the catch? Why isn’t everyone buying these things? I wouldn’t say necessarily that there is a catch, but there are ...
This question comes up a lot when shopping for rental properties: “What cap rate should I be looking for?” Well, how about we first define a cap rate? What is a Cap Rate? Cap rate is short for capitalization rate, and what this number tells you is the relationship between the sales price of a property and the income it generates. It basically tells you if you are buying an ...
Having been around turnkeys for quite a few years now — and being a buyer/owner of them myself — I believe I have established in my head a list of the problems I tend to see on repeat coming out of turnkey ownership. Remember that owning a turnkey rental property is no different than owning any other rental property, but the turnkey model does tend to tempt people to slack in ...