Real Estate Investing: Want It Done Right? Don’t Do Everything Yourself!

contractor

We all can’t be masters of everything. In fact, most people work in specialized jobs, spending an entire career building up skills that are only a subset of a more vast discipline of study. There just simply isn’t enough time or energy in a lifetime to be good at everything. So, ask yourself

Sharing is Caring:
Continue Reading Real Estate Investing: Want It Done Right? Don’t Do Everything Yourself!

Buying Rental Property: Don’t Fall in Love with an Investment!

backyard

For many investors, buying a rental property is something that happens later in life. Generally speaking, most people don’t start investing in property until they have already secured their own primary residence. If that is indeed the case, you must be careful

Sharing is Caring:
Continue Reading Buying Rental Property: Don’t Fall in Love with an Investment!

Accessing Equity: Opening a HELOC (Don’t Use a Big Name Bank!)

home-6

As readers may be aware, I was fortunate enough to win two properties in the Bay Area — one last year in 2012, and another this past February 2013. As luck would have it, each property has appreciated close to $100,000/each. There’s a lot of equity tied up in

Sharing is Caring:
Continue Reading Accessing Equity: Opening a HELOC (Don’t Use a Big Name Bank!)

How to Quickly and Easily Evaluate a Real Estate Deal: The 1% Rule

Property

When analyzing a potential real estate investment property, it becomes oh so easy to over-complicate the process. I often feel like the most important thing to do while searching is to find the right property in the right

Sharing is Caring:
Continue Reading How to Quickly and Easily Evaluate a Real Estate Deal: The 1% Rule

The Joys of Landlording

DSC08777

When I was a college student, I never knew any of my landlords — they were never around so how could I meet them!?! All I remember thinking was, whoever they are, they’re probably damn wealthy and even bigger cheapskates. I’m sure this line of thinking doesn’t deviate much from

Sharing is Caring:
Continue Reading The Joys of Landlording

Out of State Investing: Don’t Forget to Hire a Real Estate Attorney

real_estate_fraud

It’s been about two months in, and I’m still working diligently to close Rental Property #3. However, as we got closer and closer to the finish line, I started to realize that I was about to soon be out of A LOT of funds (~$50,000). In other words, reality sunk in and my mind started shifting from

Sharing is Caring:
Continue Reading Out of State Investing: Don’t Forget to Hire a Real Estate Attorney