I started my investment career by reading every investing article I could find. I talked to others and wrote software to determine the best property to buy. I decided a C (D?) Class multi-family property was the best option based on my research. It was a nightmare....
The key to financial freedom is the tenant segment, not the property. No property has ever paid the rent, so focusing on selecting properties first is looking through the wrong end of the telescope....
We’ve renovated over 500 rental properties and learned some expensive lessons before adopting our current renovation process and renovation partner....
The cost of preparing a property to re-rent largely depends on how “hardened” the property was when it was put into service and how the tenant takes care of it....
Over the past 16 years, I've worked with nearly 200 first-time investors. From my experience, until they go through our training, most are completely focused on ROI and cash flow. I will offer some essential tips for first-time investors in this article....
I initially focused on cash flow, investing in a 4-plex property in Houston that appeared profitable on paper. However, after a year of tenant issues and high maintenance costs, I discovered it was a money pit....
Renovation can be a minefield of potential problems. This article provides essential information and concepts for ensuring a smooth renovation process....