
How We Keep Renovation Costs Low without Sacrificing Quality or Time
We’ve renovated over 500 rental properties and learned some expensive lessons before adopting our current renovation process and renovation partner.
“I can’t believe this newsletter is free. You provide more information than many paid newsletters.”
-T. Brown

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.

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 post, I answer the question, “Why should I buy in Las Vegas when there are locations with lower-cost properties?”

Creating a teaming agreement today will save friendships and legal fees in the future.

In this article, I explain why maintenance costs are not the critical factor for profitability. What matters is attracting and retaining the right tenants.

Tile roofs are easy to inspect and have a long lifespan, which is why we only consider properties with tile roofs. In this post you will learn how to inspect and the general repair process.

Are condos a good investment property in Las Vegas? In this article, I will cover the pros and cons of condos as investments in Las Vegas.

For a reliable income, you need tenants who stay many years, pay rent on schedule, and take good care of your property. Over time, you’ll need several such tenants. The best way to do this is to buy a property that attracts a tenant segment with a high concentration of reliable people.

Don’t reinvent the Wheel. Learn what properties to buy from national retailers.

Is multi-family always the right answer? It depends on the tenant segment the property attracts.

While the 1031 exchange process appears straightforward, mistakes can cost you your tax deferment.

All the areas we target outperformed the metro area. The area that performed the best surprised me.

There is a straightforward process for finding good investment properties.

The Fed must balance between loosening up monetary policy and taming inflation. What does that mean for interest rates in 2024? And for the Las Vegas real estate market?

This debate never gets old. Clients frequently ask me whether real estate or stocks are the best investment.
My answer is, “It depends on your goal.”

Real estate investing consists of three phases, each centered around a specific step towards achieving financial independence.

9 Aspects of Rental Renovation That Landlords Should Focus On

How AI is improving my productivity – I never use ChatGPT to write my articles.

Why you need to hire a good property manager – It’s not what you think.


Start with the probable sale price and work backward.

Lessons learned from our 80 or so 1031 Exchange projects.


Consider the demographics of tenants, budget, and maintenance needs
