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-T. Brown
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Determining a Property Specific Maintenance Provision
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.
Estimating Market Value
In this post, I will show you how to estimate the market value and rent.
How Did Our Properties Perform In The 2008 Crash?
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.
Tenant Pool, the Second Most Important Decision
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.
Tenant Pool Cost Differences
Different tenant pools mean different operating costs. If you only consider the apparent (or paper) return, you may be making a serious mistake.
How to Select the Right Property Manager
The property manager is the most important member of an investment team. In this article, I will explain the value of a good property manager and the process of finding one.
Las Vegas Foreclosure Update
We've received a few queries recently concerning the potential for a wave of foreclosures in Las Vegas. In this article, I will share what we know and provide my opinion.
Selecting an Investment Realtor
The Investment Realtor is the second most important member of your investment team. (The most important member is the property manager). In this article, I will explain the value of an Investment Realtor and the process of finding one.
Successful Flipping
Flipping can be a profitable business, but you need to know what you are doing and the market conditions must be right or you could lose a lot of money.
Renovation - Required vs. Enhancement
Which renovation items are required and which items are optional (enhancements)? An excellent question, but the answer is not simple.
The Allure of Low Cost Markets
There are markets in the US where you can buy properties very inexpensively, and in some cases, the initial ROI is excellent. So, why purchase properties in higher-priced markets when you can buy two or three properties for about the same amount?
Why Invest in Las Vegas?
Las Vegas has a unique set of characteristics that almost ensures it will be a great place to own investment real estate.
Avoiding Failures
Millions of people achieved financial freedom through real estate, and so can you. However, investing in real estate is not infallible. I believe the following are some of the more common reasons for failure.
Risk Management
Risk is inherently part of any investment. Real estate investing is no different. However, there are ways to significantly reduce certain risks.
Estimating Return
In this article, you will learn how to estimate ROI and cash flow. However, before I get into the formulas, you need to understand the limitations of return calculations.
Why Invest in Real Estate?
Real estate is the common person's path to financial independence. That is why 90% of the world's millionaires became wealthy through real estate.