8. Strategy
0036 Taking Pictures After All Contractor Work
I have started taking pictures more and more often in the last two rehabs, and I have noticed that the benefits have been amazing. For documentation, recalling defects, dealing effectively with contractors, and even for legal reasons, this will not only help your long distance investing strategy, it ABSOLUTELY help every part of your real estate investing business. Pictures ARE
0031 Which Big Box Store Should You Choose: Home Depot, Lowes, or BestBuy
I used big box stores for a variety of reasons: Financing terms, appliances, to get advice on do it yourself projects and their installation services for windows, roofs, etc. Here, I go into my experiences within difference cities, and which ones I go to for different reasons.
0030 How To Find A Property Manager
Here are the standard set of questions I will send to property managers when deciding which one to choose. This is an EXTREMELY important part of my Real Estate Investment Strategy since I own properties 35-90 miles outside of where I live. The right property managers will make things flow smoothly where you can be on vacation in Germany and
0026 State And Local Politics, And Why They Matter
I have alluded in previous episodes, but I wanted to explain very clearly why you should always take local and state politics (not so much national politics) when deciding where to build your real estate investing empire. What I share may seem like common knowledge, however, most investors learn about these obstacles AFTER investing a large amount of capital. Hopefully,
0029 Contracts Contracts Contracts
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
0028 A Typical Work Day While Investing With A Full Time Job
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
0027 HR Block Vs Turbo Tax
Hi all! This is my review of the two most popular tax software, H&R Block online software and Turbo Tax. I have been doing my own taxes since I was 18, so I grew up with tax software. I have consistently used both, and my view is that Turbo Tax offers way more benefits than H&R Block, so that is
0025 Property Managers: The Key To Out Of State Real Estate Investing
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,
REIClub September2013 Investor Success Story
I was chosen for REIClubs September 2013 Investor Success Spotlight through their facebook page. Thank you so much REIClubs for letting me share my success story and my lessons learned! Link To REIClub Article!
0024 Estimating Rehab and Repair Costs – Newbie Perspective Vs Reality
Job Site Order Form- Right Click Link and Choose “Save Link As” Hi, Here is the first of many vlog entries regarding estimating the cost to repairs and rehabs. First, understand this: You cannot completely, EVER, estimate the accurate costs of a rehab to your rental property. You only see the top layer, and even with a home inspection, doesn’t