Archive for October, 2008
Multi Unit Properties: Should I split utilities?
When purchasing duplexes and tri-plexes that have been converted from single family homes, it is common for all units to run off the same utilities. That means you only have one gas meter, one water meter, and one electric meter. It can be time consuming to try to determine which tenant used how much, so [...]
How to own rental properties if you already have a full time job
photo: Telstar Logistics
There are many buy and hold strategies, and they very greatly. If you are a full time investor, you will look at real estate in a completely different way than the person that works full time and is using real estate to build a retirement fund!
PART TIME INVESTOR – HOW TO CREATE A [...]
Are there deals on the MLS?
Answer: Yes!
We find many foreclosures on the MLS that are within our formula guidelines. I can’t say this is true for every city in the U.S., but if you stay on top of things you can find some great properties through a Realtor and the MLS. I believe that volume is the key. Take the [...]
FSBO
Yes, the for sale by owner sign. The much talked about amazing investment deals that are so hard to find, and much too easy to miss. I have met several investors that have found the deal of their life through a FSBO. I have even purchased several properties directly from the owner. In my case [...]
Snow and Flipping
What do you do in the winter, when you can’t properly evaluate landscape and roofing repairs? We run into that every year, and it drives us crazy. Our answer to that is to build a contingency into our evaluation formula during the winter months.
If you do a large amount of properties, you can ad about [...]
Pound the Pavement – How to sell your “Flip”
photo: kennarealestate
Let’s talk about an old fashioned way of selling houses. Particularly in lower income neighborhoods.
I call this pounding the pavement. Just get out there and sell it already! Our market research has shown us in many low income neighborhoods, your buyers already live in that neighborhood. The best way to reach them is through [...]
