The Easiest Way to Know if You’re Landing a Good Deal (& How to Feel More Confident)

Have you ever gone into a real estate deal feeling like you just aren’t sure what you’re getting yourself into? Have you ever wondered if someone is trying to pull something over your head? How do you really know if the numbers on the deal you are pursuing are good? Well, there are two things to help with these questions. The first is due diligence. But due diligence ...

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Sorry, But Turnkeys Aren’t 100% Hands-Off. For Success, Know THIS.

People think that when turnkeys are advertised as “hands-off,” it means they have to do nothing. Then, inevitably, when something goes wrong, the investor is irritated because things are getting handled. Well, I hate to break your cookie jar and spill cookies everywhere, but turnkeys aren’t fully hands-off! Turnkeys do, however, take care of a lot of the work for you. You don’t have to spend time focusing ...

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3 Types of Investors Who Might Benefit From Owning Turnkey Rentals

Guess what? Turnkeys aren’t for everyone. But guess what else? They are perfect for some people. There is much debate about whether or not buying a turnkey rental property is a smart investment. The primary argument that comes up against turnkeys is that they are sold more or less at market value, so you can’t force appreciation on them, and being able to do that is the crux ...

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Common Turnkey Rental Misconceptions & Solutions

I’ve been in and around turnkey rental properties for seven years now. It’s actually unbelievable when I think about it, because it seems like just yesterday I was sitting at my corporate engineering job secretly reading Rich Dad Poor Dad under my desk. I was just like everyone else who started with that book—I had no idea what I was going to get into with real estate ...

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The 5 Primary Risks of BRRRR Investing and Flipping Houses

Buy a discounted property, do the work yourself, force appreciation from the work, sell it off or refinance it, and the money’s in the bank—it’s the real estate investing dream, right? Yes! Of course it is. It’s one of the fastest ways to make some serious buck. But let’s not kid ourselves here. This isn’t easy work. Knowing what makes a property a good ...

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What Snowboarding Can Teach Us About Real Estate Investing Strategy

It’s the right time of year for it, no? Well, for most parts of the country, it is definitely winter sports time—or at least winter sports temperature. Here in Los Angeles, not so much, as I was walking the beach in shorts and flip flops earlier. But my intent is not to rub in LA’s fantastic weather but rather to apply an analogy of winter season to ...

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8 Things That Make Real Estate Investing So Much Fun

You know, it’s so easy in this industry to forget why we are all here. OK, maybe the main reason we are all here is to make money, but hopefully we’re not doing that without having at least a little bit of fun along the way. I guess technically the returns can still be worth it even if you aren’t having fun earning them, but come on… ...

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How to Choose an Out-of-State Market for Investment (in 3 Easy Steps!)

You’ve decided, for whatever reason, that you want to invest outside of your local area or state. Your next question is—where should I invest? I’m going to offer you a list of things that you can consider when trying to figure out what market to invest in. These things are in no particular order, and some of them may not apply to you or your particular situation. ...

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The One Critical Question Investors Forget to Ask When Shopping for Rentals

There is a lot that goes into what makes a rental property a good investment or not. In fact, most properties don’t actually make good investments. But what exactly determines if a property will make a good rental property? Typically, the primary factors are the numbers and the location. The numbers matter more than anything, but location will determine whether or not the projected numbers will hold up. Someone ...

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