Real Estate
6 Due Diligence Tasks to Perform when Purchasing Rental Properties
Investing in rental properties can have a lot of exciting moments; however, one thing that people will never claim to be enthralling is performing their due diligence…Due diligence essentially refers to ensuring that you know everything possible about a property before signing on the dotted line. In this article, I will discuss due diligence, breaking it into tasks prior to making an offer and those done after your offer is accepted.
Read More7 Ways to Buy Your First Home with an Investor’s Mindset
In March 2021, my fiance and I made the largest purchase of our lives, we bought our first home in the Bay Area CA, specifically in the East Bay Area. No, this article isn’t about us celebrating the idea of having our “forever” house, but more about the vital decisions and mindset that we had to enforce to start building our RE Investing portfolio. Here are 7 strategies on how to buy your first home with an investor’s mindset.
Read MoreHow Much Profit Should Rental Properties Generate?
For real estate investors, the ultimate goal is obviously profit. However, one of the most common questions people have when considering investing in a rental property is: how much profit should expect? This article will help you to estimate your potential profit on a particular property investment. There are a number of variables that should be considered whenever estimating profit. It is also important to remember that every market is somewhat different. However, ultimately, there are a handful of core questions that can be asked to help estimate potential profit.
Read More10 Tips for a Successful Insurance Claim after a Fire
A fire is something that no one ever wants to deal with, and is something that can turn your life upside down for a while. Having proper insurance and understanding the process behind dealing with a fire are key for being able to recover from a fire. Let’s take a look at the steps of the insurance claim process.
Before you continue reading, let’s create a folder on your computer, and title it “Documents for Insurance Claims”. You’ll need it to add important items in. Here are 10 Tips for a Successful Insurance Claim after a Fire.
Read MoreMy Rental Property Caught of Fire: A Four-Part Case Study
On September 10th, 2020, I received one of the most devastating phone calls a landlord can receive. It was followed by a much more distressing email with pictures of the event. My property management never calls me, so when I saw their phone number come across my caller ID, I had a gut feeling that something was wrong.
Read More6 Things You Need to Know about the FHFA Adverse Market Refinance Fee
Historically low interest rates for home mortgages amid the COVID-19 pandemic has created an upsurge of applications for refinances. When refinancing your property, one of the most critical aspects is identifying how to get the most out of your financing options. Staying up to date on changes to regulations is critical. One upcoming change is the creation of a new Adverse Market Refinance Fee, which is something that will soon affect those seeking to refinance. How will this affect you? Get the answers to all your questions here.
Read More6 Legal Documentations that Every Real Estate Investor Needs to Have
Investing in real estate is becoming an increasingly popular way to earn passive income. While a great deal of attention is given to important things like investing and flipping houses, much less time is spent learning about core aspects of the behind-the-scenes business environment. One of the most under-appreciated areas for property owners is having an organized paperwork system.
Read MoreHow to Invest in TurnKey Properties with Merv Plank (FB Live Event)
Anyone who has done even a little research into real estate investments has probably read about turnkey properties. In a business where flipping homes and BRRRR’s (Buy, Rent, Rehab, Refinance and Repeat) investments have become incredibly popular, turnkey properties often are not fully considered by investors. For those who may be unfamiliar with the term,…
Read MoreAre Turnkey Rental Properties Right For Me?
Anyone who has done even a little research into real estate investments has probably read about turnkey properties. In a business where flipping homes and BRRRR’s (Buy, Rent, Rehab, Refinance and Repeat) investments have become incredibly popular, turnkey properties often are not fully considered by investors. For those who may be unfamiliar with the term,…
Read More4 Tips to Survive a Recession If You Own Rental Properties
A recession creates a lot of fear and uncertainty from consumers and investors alike. However, there are good reasons why a recession shouldn’t scare you if you have rental properties or are thinking about acquiring rental properties. During a recession, the housing market, not the rental industry, tends to get hit the most. This can…
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