Keeping Delinquency in Check

More and more in these hard economic times we are seeing landlords “work with” their tenants on their rental payments to avoid eviction or a skip and to keep their occupancy percentage up, and expenses down. This makes perfect sense to the “average Joe” due to the fact that there is no way to figure … read more

Financial Freedom Myths

By Lynn Andris Freedom Heading into the 4th of July weekend it seems appropriate to talk about freedom. Americans have a heritage of pursuing freedom, and that pursuit still requires a great deal of myth busting. If American colonists were willing to accept the status quo and the idea that the British form of government … read more

What Does it Take to be a Successful Real Estate Investor?

By Alfonso Munoz, Mentor in the Houston Office In preparing this article, I asked that question to five different real estate investors, and as fully expected I got five different answers. Ironically enough none of those five answers had anything to do with real estate. On the surface, that may seem peculiar to the new … read more

A Real World Example of How Simple Things can Affect the Lives of Others

Several weeks ago, a client asked me to come out to their property to help them with some leasing tips for their staff. Long story short, upon my arrival, there was a little more that needed my attention than just leasing. The property was in need of a little TLC and ‘beautification’. I walked every … read more

FIRE! The Case for Investing in Real Estate Now

By Jeff Smith, Realtor with Lifestyles Realty The Fire Alarm As I write this it is 8:30 on Saturday night. The kids are tucked in bed and there is finally enough stillness in the house to reflect on the day. Today started out like most other Saturdays. As the regular host of the Saturday edition … read more

Damage Control

I have recently been told by a very experienced landlord that 20% of residential tenants leave a property with damages equal to or greater than the security deposit. I felt like the more accurate figure in my experience was half that. We incredulously asked each other how that can be, with so many layers of … read more

Increase Your Bottom Line – Supplementing Rent with Ancillary Income

Owners feel that the greatest income limiting factor in real estate is the calendar. Owners who focus on rental income alone know they are limited to a maximum of 12 months. Yet smart owner’s who look for that extra income can find it – let me show you where to look. Non-Rent Income While it … read more

The Five Ways Real Estate Investing Makes You Money

Five Ways to Make Money is Better Than One Real estate investing is the most powerful wealth-building tool available to the average person. The reason it’s so powerful is: there are five ways it makes you money. Stocks, by contrast, only share one of these sources (two if you’re getting dividends). Once you understand how … read more

Writing Offers – Keys to Negotiating!

Knowledge 1. What is a good deal? (Prepare alternate scenarios to work from in advance) 2. Do the circumstances surrounding this deal provide for negotiability? Seller’s motivation to sell? Seller’s ability to take a loss? Seller’s time table to sell? Seller’s flexibility with terms? Seller’s fears? Seller’s experience and style of negotiating? Potential usefulness of … read more

Understanding Single-Family Home Property Values

I recently attended a party with some of my wife’s new friends with whom I had never previously met. Almost every time this happens … no each and every time this happens at any social gathering, the wives disappear to a separate room to have what I’m told is “real conversation” as opposed to the … read more