Is (Your) College a Good Investment? 3 Ways To Find Out

“I just took out $50,000 in student loans, but it’s a good investment since it is for my education.”  - Anonymous Student This is a comment that I recently overheard and it echoes a sentiment that I have heard many times before: that higher education, no matter what...

How to Know if an Upgrade is Worth the Money

One job of a landlord is to makes decisions on repairs and improvements.  Typically, repairs have to be done as they make the unit habitable (e.g., a hole in the roof). However, improvements are a different story as they are not always needed to make the unit...

3 Questions That You Should Ask Every Seller

When I was younger, one of my favorite shows was “The Joy of Painting” by Bob Ross.  Some of you might remember this show as Bob Ross, a mild mannered painter with a gentle voice, would always start the show with a blank canvas in front of him. Then, little-by-little...

Balloons are for the Circus

Sometimes I will get pitched properties with seller financing that have a balloon mortgage. The balloons for these deals typically come due around 5-10 years from the time of the sale. For those of you are are new to investing, a balloon means that the entire balance...

3 Tips to Help You Rent Your Place Fast!

When I first started off as a landlord, I had a very difficult time finding qualified tenants.  The reason that I had a hard time finding qualified tenants was simple: I had no applicants. This resulted in units that would sit vacant for months. Anyone who has been in...

How to Make a Property Cash Flow +

Oftentimes people want to purchase rental properties, but they may be having a hard time finding a property that positively cash flows. Negative cash flowing properties create a problem because ultimately it results in cash leaving the buyer's pocket and destroying...