A residential rental property business plan is a valuable tool for planning, tracking and improving investment performance of your rental properties. A written plan should not only get you on the right path to maximizing your property’s investment potential, it should also provide a means of measuring performance so that mid-course corrections can be made throughout the […]
Is Spending Money To Sell Your Home A Good Investment?
It’s often said that in business you have to spend money to make money, and I believe spending money to sell your home can be equally beneficial. By spending strategically to improve a home’s value before it goes on the market, sellers can increase the number of offers they receive and sell for a higher […]
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 […]
