If you're anything like me, you've been dreaming about doing a house flip, and about real estate for a long time. In fact, it's how I got started and it helped me grow to a portfolio of over 450 …
Articles
How Many Rental Properties to Retire?
A few years ago I was at a networking event and met a man who owned about 1,500 units worth of rental properties. I was shocked and said, wow you must be retired! He replied that no, he still had …
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How to Prepare for the Recession?
Yes, a recession is coming. That's obvious Well, I obviously say it tongue in cheek but I also say it very seriously. Yes, there is a 100% probability of a recession. What no one knows is …
How to Estimate Rehab Costs for Your Rental
One of the hardest parts of buying a new property is how to estimate rehab costs for it. Remodeling costs are probably the largest line item on your expense sheet and it's very important to estimate …
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Real Estate Pro Forma – The Good and Bad
You found an interesting property with a really good pro forma that shows great rents and stable expenses. Then you ask for a copy of the actual rent roll and find a major discrepancy! The actual …
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I Hate the 50 Percent Rule, But I Still Use it…
There are dozens of different ongoing operational costs to keep any rental property running smoothly. It's really easy to miss some of these when you're doing your analysis. That's why many investors …
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