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
Throughout every low income neighborhood you encounter, you’re going to realize a few truths about the people that live there. You will always have neighbors that are working very hard in life (2 or 3 jobs even) to make money and take care of themselves. And there are ALWAYS people who are deadbeats, not working, not contributing anything to society
I am a big advocate of using credit in different capacities, either a credit card, balance transfers, lines of credit, etc. This is because it is easier to obtain, its unsecured (thus not putting your investment at risk of repossession, and private. However, it would be remiss of me to not caveat this use of credit with some advice on
This is my very first post. It really explain why I do this type of investment realty, specifically only looking at houses under 30k. This is a strategy that many will feel is fraught with terrible perils at first glance, or ludicrous at second glance, but if given the chance they can see it can actually be their way to