When I talk to my younger clients, one question comes up over and over: should I buy a single-family home or a condo? The path to Real Estate success involves turning some conventional wisdom on its head. One area that can require reassessment is home-ownership, especially for younger investors who may not have as much […]
Template for Selecting Your Agent In summary, a broker—the right broker—can add value. You need to be careful about how to choose one. The main qualifications should be unscrupulous ethics and familiarity with investment properties. Here’s how to run interviews to find the perfect broker for your investment deals. Do Have them do a building […]
When I started trying to build my Real Estate portfolio, I hated networking. My networking-incompetence was a handicap for my business. It also made me feel like a failure. The pattern went like this: I attended event after event only to anxiously stand in a corner chatting with the three people I already knew. Can […]
How to Make A Multi-Year Maintenance Plan For Your Buildings Every landlord is also a maintenance manager. The day we pick up the keys at the notary is our first day on the job. If we researched buying Real Estate before making a move, very few of these hours are spent learning about building maintenance! […]
Who doesn’t have a horror story about dealing with contractors? Getting gouged by greedy and incompetent construction men is almost a right of passage for investors. The Mason From Hell My top debacle happened shortly after I closed on my third property. It was early in my Real Estate career and cash was tight. The […]
The first realtor I worked with latched onto me like a leech. I was twenty-six, inexperienced and looking at buying my first rental property: a triplex. The man was from a firm that (I later discovered) was known for fake leases, cash in suitcases and fraudulent financing. After I called to visit a property he […]