March is here, launching the spring house hunting season for home buyers across the country. Much has been written about how to get started buying a home, especially for first-time buyers unfamiliar with the many steps and details of the purchase process. The spring market is unique, so let’s look at a simple five step […]
How Real Estate Investors Make Money When They Buy
Real estate investment gurus often say real estate investors make money when they buy. We hear that said a hundred different ways, but it all comes down to the simple strategy: buy low, sell high. We could hope that market conditions improve during our time of ownership so that we can sell the property in the […]
Are Condos Good Rental Property Investments? Pro’s and Con’s
For years I’ve cautioned real estate entrepreneurs regarding the perils of buying condos as rental property investments. As with any type of property investment, there are strategies and situations that can make condos either good investments or financial disasters. Let’s look at the pro’s and con’s of adding condos to a rental property portfolio so […]
Getting Into The Rental Property Business: Part 3 – Launching
Ready to launch your rental property business? In Parts 1 and 2 of this series, Considerations and Planning, we questioned our motivation for getting into the rental property business, took stock of the resources we have available and looked at the basics of planning our operations. With our thoughts and resources aligned, we’re ready to put our plan […]
