Lessons learned from our 80 or so 1031 Exchange projects.

Property specifics matter.

Consider the demographics of tenants, budget, and maintenance needs

Hint: where you have the highest odds of attracting reliable tenants.

How I failed my way to success

Base your decisions on your financial goals, not other’s opinions.

Investing should always be based on rate of return, growth potential, and market risk. Based on this criteria, select properties in Las Vegas are excellent investments.

It’s not when you buy; it’s how long you are in the market and where you buy.

Where they are and how they have performed.

An opportunity for higher cash flow.

The key may not lie in the properties themselves.

The days of getting a pre-approval and closing with the same lender are gone.

How to target a specific tenant segment based on their housing requirements.

Achieving financial independence with the least capital

Investing is a business, not a hobby.

Not all tenant segments exhibit the same behaviors, and not taking this into account can cost you dearly.

You could end up paying extra for a non-performing tenant.

Flipping can be a profitable business, if you know what you are doing.

What matters is what you can buy with the dollars you have

The real world does get in the way of plans.

There is a straightforward process for this.

203K: The ultimate solution (not).

Why rapidly appreciating cities are the best investment.

Price trends are an excellent indicator of future rent trends.

Photo by Neal Smith on pexels.com The goal of real estate investing is getting off and staying off the corporate treadmill. In order to get off and stay off the treadmill, you need a dependable passive income. How does Las Vegas meet this goal? Supply & Demand Unlike financial markets, real estate prices and rents

Your profitability depends on the rent you can collect and how much you pay for the property. Needless to say, an accurate estimate of market rent and market value is critical.

Can any apps or websites accurately estimate market value and or rents?

No.

The “one-size-fits-all” claim that multi-family is always the right answer is false. As always, it depends on the tenant pool the property attracts.

There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.

I’ve sold more than 470 investment properties.

I don’t recall a single one performed poorly, even during turbulent times. The reason?

This article contains a SWOT analysis of the Las Vegas investment situation.