
The Problem With Buying a Property With a Tenant
You could end up paying extra for a non-performing tenant.
“I can’t believe this newsletter is free. You provide more information than many paid newsletters.”
-T. Brown
You could end up paying extra for a non-performing tenant.
It depends on whether you want to keep the property.
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
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.
The goal of real estate investing is getting off and staying off the daily worker treadmill. There is a four-step process that anyone can follow.
As a real estate investor, the most important decision you will make is the location. As long as you buy in a good location, all but the worst mistakes will be corrected over time through rent increases and appreciation. However, if you don’t invest in a good location, you can do little to turn things around.
Photo by Sung Shin on Unsplash In this month’s article, I will talk about the two most frequent questions I receive: the current investment market and Las Vegas’ water supply situation. Investment Market Update “Experts” frequently publish articles with clickbait titles like “Las Vegas Housing Just CRASHED.” Before I show you what is happening in
Market volatility doesn’t have to mean investment uncertainty, as long as you choose a combination of the right location (Las Vegas) and targeting the right tenant pool.
Your financial success depends on buying properties that attract the right tenant segment.
The stock market is now officially in the bear territory and crypto has “collapsed.” For many, this market downturn wiped out years of savings and gains; nest eggs flew out the window. And, the situation is not going to get better any time soon. During a turbulent financial market, it is more important than ever
At least, that is what some “experts” are saying: “The housing market resembles 2007” Fortune.com May 17, 2022 “Housing Bubble Getting Ready to Pop“, Wolf Street, May 18, 2022 “Moore: Warning signs flash on housing bubble’s impending burst“, Boston Herald, May 13, 2022 There will be significant price declines in locations where speculation and COVID,
Our 5th annual investment outlook for Las Vegas real estate.
Photo by Min An from Pexels The first step in any plan is to define the goal. Your goal might be a passive income stream of $10,000/Mo. If so, you will need to acquire multiple properties based on an assumption of a specific amount of cash flow per property. For example, if you assume that
REITs are not the same thing as real estate. Each has advantages and disadvantages but they are apples and oranges. In this article, you will learn which is right for you.
A popular method for estimating maintenance cost is multiplying an arbitrary constant by the rent (the multiplier method). This method is not only wrong, it distorts actual return. There is a proven method for estimating maintenance cost in the commercial world, which you will learn in the article.
In this post, I will show you how to estimate the market value and rent.
Las Vegas was one of the country’s hardest-hit metro areas during the 2008 real estate crash. In some areas, the vacancy rate in some tenant pool segments exceeded 50%. The only choice many investors had was short sale or foreclosure. However, our clients had no such problems because their income streams were unaffected.
The second most important decision you will make is about the tenant pool. This article explains the importance of the tenant pool, general tenant pool characteristics, and why you must base your tenant pool selection on probable return, not apparent return.