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5 ways to find the value of investment property
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 decide what a property is worth. How do you evaluate an old three-family property? — Julie and Rob P. Monty’s ...
4 Reasons Investors use Debt to Finance Real Estate
“Neither a borrower nor a lender be…” How could Shakespeare be wrong? Why should anyone take out debt, or other financing, on their real estate investments? Well, the quote from Hamlet is that of a father warning his son about the dangers of lending to friends, since hitching debt onto personal ...
How one couple chose to invest $1 million in cash
The couple was a farming family from just outside the city limits and had received an offer to purchase their land from a single-family-home developer. They had called ahead and wanted to sit down with me to discuss how to best invest their million-dollar windfall. As a real estate investment ...
5 Tips On Communicating With Your Contractor On Your Rental Property Renovation
At any given time, I have multiple projects running that place me at the service of someone else. It puts me in both a vulnerable and sometimes frustrating position because I know that I can’t do everything and they know that I really need them. So, for this blog I ...
