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...

14 of My Favorite Real Estate & Investing Teachers

Education is imperative in any endeavor. How would you feel if you were to have a heart transplant surgery and you found out that the person who was performing the surgery never studied anything about medicine, surgeries, or heart transplants? Would that give you a...

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...