Dear Monty

Richard Montgomery gives no-nonsense real estate advice to readers’ most pressing questions. He is a real estate industry veteran who has championed industry reform for more than a quarter of a century. Send him questions at www.DearMonty.com.

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Investor Question: Out-of-the-Box Due Diligence Tactics

Dear Monty | 16 Oct 2015

DEAR MONTY: About six months ago, three longtime friends and I decided to make some real estate investments together. Our investment goals are similar; we are each high-income professionals, share… more

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We own a rental next to five houses I would like to buy: What is your advice?

Dear Monty | 9 Sep 2015

Reader Question: Hi Monty, I have a question about some properties for which I want to create a purchase proposal for the properties’ owner. Quick background: these are modest houses… more

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5 ways to find the value of investment property

Dear Monty | 24 Aug 2015

Reader Question: We want to make our first real estate investment purchase. We have decided on investing in older two- to four-family apartments. It appears there are different ways to… more

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A 5-step strategy to sell a real estate investment portfolio

Dear Monty | 29 Jul 2015

Reader Question: My dear wife and I embarked on our real estate investing career in 2009 in Central Maine, and over the course of three years amassed 13 buildings totaling… more

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How can a Realtor get started as a real estate investor?

Dear Monty | 20 Jul 2015

Reader Question: I’m a Realtor, and I’m interested in becoming an investor in the next two years. How can I find and work with trustworthy investors to help find distressed… more

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7 costly mistakes of new real estate investors: the real estate question of the week

Dear Monty | 8 Jul 2015

Reader Question: We just backed out of our first real estate investment deal. We took some bad advice, but luckily, we discovered an undisclosed issue through a whistleblower. It made… more

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Is shadow inventory a problem for real estate investors?

Dear Monty | 8 Jun 2015

Reader Question of the Week: Where is one to invest in this market inclusive of the banks shadow inventory? A good example is Clarksville, Tennessee which appears to be an… more

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How will deflation impact owners of mobile home parks and low-end apartments?

Dear Monty | 14 May 2015

Reader Question: How will deflation impact owners of mobile home parks and low-end apartments? Prices are VERY high for MHPs right now. Buyers are jacking up rents, while tenants can’t… more

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How to locate an investment property: Real estate question of the week

Dear Monty | 8 May 2015

Reader Question of the Week: What is the best source of locating real estate investment residences in Phoenix, Arizona? Tried HomePath, much competition and the profit margin way too low.… more

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Question of the week: How do I get started in real estate investing in my area?

Dear Monty | 20 Apr 2015

Reader Question: Hello, I need to know how to get started in real estate investing in my area? Monty’s Answer: Hello Theresa and thanks for your question. Our country’s foundation… more

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Author: Dear Monty

Dear Monty

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