Rental

June 8, 2020

You Don't Know What You Don't Know

Ignorance Comes with Age

Several months ago, I was at the gym going about my workout as usual. There was a group of older gentlemen, likely in their mid 70s, nearby who were chatting with each other and I happened to be within earshot. I didn’t hear the context of ...

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May 18, 2020

False Dichotomies

This or That

Humans are naturally inclined to squeeze everything into simple, categorical dichotomies. We want everything to be "Good/Bad" or "Correct/Incorrect" which is understandable. If we're able to fit everything into these black and white categories it makes life and decision making much easier. Unfortunately, the ...

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April 30, 2020

On Average

Averages Vs Reality

Have you ever heard the story of the man who was 6' tall and tried to cross a river that was 5' deep on average? His friends warned him that it wasn't safe but he was sure that he'd be fine since he was ...

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April 21, 2020

Amortization & Appreciation, the Silent Wealth Builders

Most people stash away money for retirement by putting it in a 401k or IRA in hopes that it will grow and compound over time allowing them to retire comfortably at 65. They siphon off a portion of their income each month into their savings, working hard to build as ...

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Dec. 11, 2019

Real Estate 101: Calculating Expenses

The Costs of Owning Property

 

Investing in real estate can be an extremely profitable venture when done correctly. One of the most basic skills that must be learned in order to properly analyze potential investments is the ability to estimate the true expenses involved in owning the property. All ...
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Nov. 19, 2019

Hiring the Right Property Manager

As a corollary to last week’s blog on self-managing (So, You Want to be a Property Manager?), I wanted to follow up with an article detailing what to look for in a property manager. After investing the time and money required to acquire an investment property, the last thing that ...

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Nov. 6, 2019

So, You Want to be a Property Manager?

Effective Property Management, the Key to a Profitable Investment

When it comes to real estate investing, the price you buy at is often considered the most important factor in being successful. However, if you intend to own your property for any length of time the manner in which you operate ...

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Oct. 29, 2019

House-Hacking

House-Hacking, The Foundation to Financial Freedom

Investing in real estate is one of the most effective methods for building long-term wealth. However, many people are discouraged by the high price of property in their market and the expenses that come with owning it. If you're buying an investment property ...

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Oct. 24, 2018

Water: A Home's Worst Enemy

Water has the potential to damage any area of your home. It can cause warping, buckling, expansion, and mold throughout the house. From the roof to the foundation, water can cause devastating damage at an outrageous cost. Fortunately, the are preventative steps you can take to avoid water damage. Continue ...

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Sept. 7, 2018

Dealing with Difficult Neighbors

Introduce yourself

Whether you're new to the neighborhood or the people next to you just moved in, introduce yourself. It may be a turn off or seem odd to some people, but there's a good chance they will be grateful and think it a kind gesture. Even if ...

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