As you get started in real estate, you realize that even though you have a contract, one thing you will learn that Contractors, Property Managers, and other people you pay feel a little entitled and that they REALLY don’t have to follow one. Its frustrating and annoying, which makes it even more important for you to get an air tight
Here I go over my typical workday, incorporating a full time job with real estate investing. Its not necessarily easy or truly hard, however there are some adjustments you may need to make to your daily operations and thinking, so you can be effective and not get in trouble on the job about your outside activities. Enjoy! **at 2:45 I
Since I invest in affordable real estate investments, but I currently live in the Washington DC Area, I invest in real estate 30-90 miles, and sometimes even 400 miles, away. The key part of this strategy is finding a licensed property manager. A property manager is a person that takes care of finding tenants for your rental property, conducting maintenance,
Here are assurances for those of you interested in real estate investing (REI), but are a little intimidated at the enormity of the entire process. To sum up: This is hard work, but its not complex. You will have to put in the time for choosing contractors, paint colors, upgrades, and repairs, but there is nothing about this that is
If you are getting started in real estate, you may have started out like I did with absolutely no tools and a gleam in your eye. This is an vlog for investors by investors, to give you the straight, first hand account of the best new tools to just go ahead and buy, because you WILL need them if doing
This subject will come up within your real estate investing, and I want to give you my personal experience and how it can work for you. The question is asked as far as what is an llc, and how is it used in asset management. I personally choose to register my properties and care for them within my LLCs, which
This is a part of my series where I give you first hand accounting on its best to cut costs without negative effects, and when you should upgrade to a nicer tool, quality, design, etc. Todays Topic: Hammer vs. Hammer.
You know my stance at this time regarding banks versus other sources of money. Here, I just have real life examples of why its not even worth going to banks, and you should always consider alternate sources of funding. TL;DR: 2 banks either turned me down, or gave me a huge application, where I was able to walk into a
Here are some concepts to keep in mind that has major tax consequences, as well as major consequences for obtaining mortgage loans for your investment properties. Make sure when looking at your adjusted gross income, that the underwriters add back in depreciation for your total income allotment. As a real estate investor, one of the benefits is the huge tax
Although real estate is a male dominated field (Constructions, Sales, Whole Sales, Investments), my impressions of the industry is that women are firmly established in leadership and business roles. Despite what one may think, women do not seem to be treated any differently here than in other career fields, and women are touching all aspects of this business. Overall, my