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....
Choosing the right market to invest in is your most important investment decision. The location determines all long-term income characteristics essential for achieving and maintaining financial freedom. In this article, I discuss the tools that I use....
Sometimes, the only way to win is to avoid playing the game, which applies to litigation. In this post, I outline 15 preventative measures we use to minimize litigation risk that may arise from rental properties....
There has never been a case where an investment property itself paid rent. The tenant pays the rent. Therefore, instead of focusing solely on purchasing a property, focus on who will be paying the rent—the tenant....
In this article, I explain why maintenance costs are not the critical factor for profitability. What matters is attracting and retaining the right tenants....