STEP 6: YOU WANT MAX PROFIT, THEN YOU NEED A GREAT PROPERTY MANAGER

To achieve financial success in real estate investing you need the same focus in selecting your team as a successful college sports team coach recruiting athletes.   Your real estate team includes: Property Manager; Successful Investment Real Estate Owners; Real Estate Agents; Home Inspector; Home Appraiser; Title Insurance Officer; Real Estate Attorney; Mortgage Lenders; and Contractors. Today’s blog focuses on finding a GREAT Property Manager rather than just an ok or good one.  The first step – ...

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STEP #3: BUYING THE BEST MONEY MAKING INVESTMENT RENTAL PROPERTIES

INVESTMENT RENTAL PROPERTIES CAN MAKE YOU A MILLIONAIRE! Good news - there are great investment properties out there, you just need to find one. Here are five key steps to finding that great investment property:First find a Great Location  Show Your Ability to Pay for the PropertyIdentify the Type of Property and How Much You Want to SpendHire the Right Real Estate AgentInternal Rate of Return >10% FIRST FIND ...

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STEP #2: IT’S ALL ABOUT THE LOCATION SILLY

IT’S ALL ABOUT THE LOCATION SILLY Over the past 30+ years, I have purchased seventeen investment properties.  Some HORRIBLE (I sold) and some great (Still Own).  Here are my lessons to help you find a great location that generates high rents and above average long-term returns. FINDING GREAT RENTAL PROPERTY LOCATIONS  WOULD YOU LIVE THERE?   WOULD YOU LIVE THERE?  I made the mistake of buying five properties, I would never voluntarily live.  Yep, I sold those five, AT ...

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