Have your first property under contract or considering buying a rental property? Congrats! If you plan on self managing, what should you do first? Here are some tips to get you started on the right foot. Treat It At A Business Not A HobbyRemember you are running a business, treat it as one. Keep
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07/18/2017
Excuses are unlimited of why you can’t do something. Instead of making excuses, as an investor you need to consider how you will get the deal done. Do you really want to invest in real estate? Why is it not happening now? It may take time to get your next property under contract, but enjoy the jo
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07/16/2017
The amenities a landlord can offer can make or break your rental business. Ensure you are keeping your properties rented with these three amenities Tenant turnover can be a killer when owning rental property. Every time it happens, you have a vacancy, repair the unit, as well as find a new tenan
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07/15/2017
What is a home inspection? Although not required, a good home inspector will save you big money long term. You are looking for an inspector who can analyze the home's strengths and repairs/ deferred maintenance. In a competitive market, it is common to see homebuyers waive inspections in hope of
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07/14/2017
Are you just starting out?Real Estate investing for beginners can be tricky and it’s easy to get lost in the terminology. Here are five key real estate terms you must know as you purchase your rental property. AmortizationThis is the decrease of your property's debt. In the beginning of your mort
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07/13/2017
Buying a home can be exciting when things go well! Avoid these five major home buying pitfalls. Pre Purchase: Pre Qualification: Make sure you go through a prequalification with your lender! They will look at your current credit, debt to income ratio (DTI), savings, retirement accounts, W2 Income
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07/12/2017
Are things becoming too easy? Comfort is a killer and can lead to no growth in all areas of life.. A comfortable routine may be great for many, but take action and try something new to learn more about yourself. The discomfort you get from trying something new is pure growth. It opens up new oppo
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07/12/2017
Considering buying a rental property? Here are nine must know tax deductions for your rental. Items used for Property – Items such as rakes, hammer, and snow blower (all used for your rental property) can be tax deductible. Make sure to keep track of all receipts. Credit Card Interest – Ideally,
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07/12/2017
To assist yourself in selling your home, think like a buyer.. What are they looking for? When you purchased your home, what was important to you? Not everything is in your control but you want to maximize your current home’s appeal to potential homebuyers. Here are three ways you can prepare yo
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07/11/2017
Problems, and misunderstandings in the buying process lead to unhappy homeowners. A common one is buying close to their pre approval and then they are stretched financially. It may seem like a great purchase at the time, but will lead to frustration over time. How do we limit these mistakes? Ho
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07/11/2017
